15th Label Summit Latin America exceeds expectations
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Guadalajara in Mexico hosted 964 of the label and package printing industry’s thought leaders and representatives from 12 Latin American countries recently, who came together to share ideas and help shape the future direction of the industry in the region at this year’s Label Summit. This made it one of the best attended events of its kind to date.
Ms Ventimiglia added:
“This is our 15th consecutive Label Summit in Latin America. We began the summits to grow our circulation in key emerging markets, educate local label converters on our industry, and complement our larger Labelexpo portfolio. We never imagined that 15 years later our summits would become such vital, unmissable events for the entire Latin American label industry. We look forward to building on this at next year’s summit in Colombia.”
- The population of Mexico is set to increase by 4.7 percent from 2017-2022, reaching 129.35m people.
- Per capita GDP is forecast to grow by 24 percent in the same period.
- In 2018, the label market in Mexico is worth 452 million dollars. This is forecast to grow by 2022 to 536.1 million dollars – an increase of 18.6 percent**
Within the above figure, most growth is forecast in shrink sleeves (34.5 percent); in-mold labels (21.3 percent) and self-adhesive labels (20 percent).**