Market Dynamics:
One of the key drivers for growth of the die cut label market is the increasing demand from the food and beverages industry. Food and beverages companies widely use die cut labels to provide nutrition information, ingredients list, best before dates and other brand details on product packages. According to data, food and beverages was the largest end use industry for die cut labels in 2023, accounting for over 30% of global demand. Growth in packaged food andready-to-eat meals is expected to drive label demand further. Moreover, rising health consciousness is prompting companies to provide detailed labelling on products, thus promoting die cut labels usage. However, strict regulatory norms associated with labelling could hamper market growth over the forecast period.

Key Takeaways
The Global Die Cut Label Market Size is expected to witness high growth. The market size for 2023 is US$ 162.4 Mn and forecast period is from 2023 to 2030 with CAGR of 9.5%. Food & beverage industry dominates the demand for die cut labels for product identification and branding.

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