Forecast: Label and Wrapper Printing (Gravure) Turnover in the US

From 2024, the US label and wrapper printing industry utilizing gravure technology is expected to grow moderately. The turnover is forecasted to increase from $889 million in 2024 to $915.77 million by 2028, showcasing a steady growth trajectory. Given this timeframe, the year-on-year increase appears modest, with a Compound Annual Growth Rate (CAGR) indicating a moderate upward trend through the five-year period.

In 2023, the turnover stood lower than the 2024 forecast, signifying a positive transition into the projected years. Due to the continuous rise of demand for packaging solutions, this growth pattern aligns with current industry expectations.

Future trends to watch for:

• The impact of sustainability: Increased demand for eco-friendly packaging might drive technological advancements in gravure printing.
• Digital transformation: As digital presence increases, there may be shifts in market dynamics demanding adaptability in printing solutions.
• Economic factors: Inflation rates and raw material costs could affect profitability and growth dynamics within the industry.