FINAT Label Forum June 2018 ‘European label market data’

FINAT Label Forum June 2018 ‘European label market data’

FINAT’s European Label Forum 2019

At the European Label Forum, several keynote speakers inspired and challenged the 250-strong audience – founders and managers of converting companies, and their suppliers across the board – on developing ways to harness the skills and allegiance of tomorrow’s label industry leaders to drive the efficacy of a key feature of modern life – packaging print.

Keynote speakers

Several keynote speakers shared their knowledge, vision, and data during the conference.

Jules Lejeune, MD FINAT, and MD Lejeune Association Management provided an update on the broader European label industry picture, which has exhibited a strong recovery since 2012.

The association’s data confirmed healthy 4.7% industry growth in 2017 over the prior year (which, however, was below the average growth rate of 5.4%, 2013-2016), with film-based label stocks growing at an even higher rate – 8.2% over prior year.

The top 15 label market countries in Europe represent a massive 90% of the total business, and the statistics affirm that Turkey, Poland, and Italy have enjoyed the largest increase in absolute volumes between 2010 and 2017. Again, the influence of Brexit has made itself felt in the UK, with consumption in decline since Q3 2017, unlike the other top performing European country markets.

A recent issue of FINAT’s regular member publication, RADAR, researched brand owners’ 2018 label purchasing projections, reporting optimism in terms of growth between 3-5%, and pinpointing other interesting market features.

For a detailed report, we refer to the European label industry continues dynamic track record in 2017