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Global Industry Size:
The global label market size was valued at USD 43.9 billion in 2020 and is expected to reach USD 62.5 billion by 2027, growing at a CAGR of 4.8% during the forecast period.
India Industry Size:
The Indian label market size was valued at INR 2,500 crore (USD 350 million) in 2020 and is expected to reach INR 5,000 crore (USD 700 million) by 2027, growing at a CAGR of 9.5% during the forecast period.
Number of Players in India:
There are approximately 100-150 players in the Indian label industry, with a mix of large-scale manufacturers, small and medium-sized enterprises, and regional players.
Growth Rate:
The Indian label industry has been growing at a CAGR of 9-11% over the past few years, driven by increasing demand from the packaging, pharmaceutical, and e-commerce sectors.
Factors Causing the Industry to Thrive in India:
Future Potential –
Note: The data and figures mentioned above are approximate and sourced from various industry reports, research studies, and market analysis.
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