NAICS 56191 - Packaging and Labeling Services
This industry comprises establishments primarily engaged in packaging client-owned materials. The services may include labeling and/or imprinting the package.
Industry trends:
The packaging and labeling services industry, classified under NAICS 56191, is witnessing several qualitative trends driven by evolving consumer preferences, technological advancements, and sustainability considerations. One significant trend is the increasing demand for sustainable packaging solutions. Businesses are actively seeking eco-friendly materials and processes to reduce their environmental footprint, in response to both regulatory pressures and consumer preferences for greener products.
Technological innovation is another critical trend shaping the industry. The adoption of smart packaging, which includes QR codes, NFC tags, and other digital features, is gaining momentum. These technologies enable improved traceability, provide consumers with additional product information, and enhance the overall customer experience.
Customization is also becoming a key differentiator in the market. Companies are increasingly offering personalized labeling and packaging options to cater to diverse customer needs and preferences, creating more engaging and unique product presentations.
Looking towards the near future, the industry is expected to continue its trajectory towards greater sustainability and technology integration. Investment in sustainable materials and the development of innovative, environmentally-friendly packaging solutions will likely accelerate. Additionally, advancements in automation and artificial intelligence are anticipated to drive efficiencies and cost reductions in packaging and labeling processes.
Overall, packaging and labeling service providers who effectively leverage these trends and adapt to changing market demands are well-positioned for growth and competitive advantage in the coming years.
This industry is comprised of:
Apparel folding and packaging services
Blister packaging services
Cosmetic kit assembling and packaging services
Folding and packaging services, textile and apparel
Gift wrapping services
Kit assembling and packaging services
Labeling services
Mounting merchandise on cards
Packaging services (except packing and crating for transportation)
Product sterilization and packaging services
Shrink wrapping services
Skin blister packaging services
Textile folding and packaging services
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
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