New Research: Lucintel Predicts a Bright Future for the Pharmaceutical Label Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities in the Global Pharmaceutical Label Industry”?

This market report for pharmaceutical label identifies and predicts future opportunities for growth in global pharmaceutical label industry for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for pharmaceutical label in the bottles, blister packs, parenteral containers, pre-fillable syringes, pre-fillable inhalers, and pouches.

According to Lucintel’s market report, the global pharmaceutical label market is expected to reach an estimated $6.5 billion by 2024 with a CAGR of 5.7% from 2018 to 2024. Some of the dominant players in the global HDPE pipe market are CCL Industries, 3M Company, Essentra, Avery Dennison Corporation, MCC Label, SATO Holding Corporation, and Consolidated Label and others.

There are some interesting developments in global pharmaceutical label market as competition heats up and players try to increase their market share. Some of the emerging trends shaping the market dynamics include increasing use of recyclable and biodegradable label products and adoption of expanded content label design.

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