In 2023, the sold production of labels of paper or paperboard in the UK stood at approximately 1.056 billion euros. Forecasted data indicates a steady increase: 1.0647 billion euros in 2024, reaching 1.1 billion euros by 2028. This represents a year-on-year growth of about 0.9% for 2024-2025 and 0.8% for the subsequent years, with a five-year compound annual growth rate of approximately 0.8%.
Future trends to watch for:
- Increasing demand for sustainable packaging may drive growth in eco-friendly paper-based labels.
- Advancements in digital printing technology could enhance label customization and production efficiency.
- E-commerce expansion is expected to sustain demand for packaging labels.