FINAT Radar #14 Available for Download
It is with pleasure that we present to you the 14th edition of the FINAT RADAR, our 6-monthly review of the state of the European self-adhesive labels and narrow web markets. This edition reflects the state of our business in 2020-2021 from the perspective of the brand-owner.
2020 has tested the resilience of the global economy unlike any other event in recent history. As COVID-19 cases continue to rise, the Executive Commission of the European Union has lowered its forecast for the economic rebound from the pandemic and currently predicts that the economy may not return to pre-virus levels until 2023. However, our industry perseveres. And in some end-use segments our industry is even thriving. Results from the recent FINAT RADAR Brand Owner Survey indicate that printed packaging buyers predict stable growth for their label procurement volumes in 2021. Seventy-four percent of participants indicated that their label sourcing volumes will increase in the coming year.
Enjoy reading the full report.