FINAT Event to Track Label Industry Movement
- Published: June 07, 2017
THE HAGUE, THE NETHERLANDS | FINAT, the worldwide association for manufacturers of self-adhesive labels and related products and services, reports that this year’s European Label Forum in Berlin, Germany, June 7–9, management across the value chain will come together to review and debate the past year’s developments and track the pathway for the future in a strong, strategic business context. FINAT is the organizer of the event.
The organization says labeling and packaging today are a concourse for continuous movement at all levels—in terms of markets, technologies, formats, legislation, brand owner requirements, and environmental sustainability.
The label industry recovered strongly from the global economic recession, says FINAT, with self-adhesive label stock consumption growing in Europe overall between 2010 and 2016 at a cumulative 22.9%. While 72% of brand owners surveyed in FINAT’s latest (2016) edition of the European RADAR market analysis said they would not be migrating from self-adhesive labels as their core technology choice, many label converters have broadened their production repertoire, alongside this traditional route to success, to include other popular label production options today—such as sleeve labels, flexible packaging, and in-mold labels—to create new business and enhance their status with demanding brand-owner customers.
Digital print technologies, including inkjet, toner, and laser-based, have joined narrow web flexo and litho print today in the mainstream of production. FINAT’s 2016 surveys for its RADAR analysis confirm that today about 10% of European label market sales revenue is today produced digitally. An additional feature of the Label Forum agenda will delve deeper into the subject in a presentation of the findings of a special qualitative and quantitative research study commissioned by FINAT into the current and future development of digital versus conventional printing in Europe.
The 2017 Forum also will see the launch of a combined FINAT and national associations initiative to ensure that ‘young talent— the ‘next generation’ of managers and operators—is attracted to the label industry
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