Jul 14, 2008

Finat sees stable demand for European labels in 2008


European demand for self-adhesive labels in 2008 will be "stable, at best", according to industry association Finat.

In 2007, label sales rose by 4.3% to just over 5.5bn square metres, although the first quarter of 2008 was the first time in three years when growth did not exceed the previous period.

70% of demand was for paper rolls, but the trend towards non-paper labels continues, particularly in Eastern Europe.

Managing director Jules Lejeune said that Eastern Europe would continue to drive the sector, "not only due to manufacturing moving into the region, but also rising disposable incomes and increasing domestic demand".

David Harrisson, Finat past president, told Packaging News the sector was "looking for new opportunities and market trends".

"Self-adhesive labels are ideally suited to short runs and specialisation of packs," he said.

Harrisson said the organisation was also looking to promote the sustainability of self-adhesive labels. "The labels themselves can be recycled with the pack, and we can also deal with the liners and matrix waste."

However, he added that label firms also had to deal with rising substrate costs, particularly plastics.
Source: packagingnews

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