Page 53 - FINAT Yearbook 2012

Fig. 3
Fig. 5
significant slowdown in northern europe,
but uk and ireland hold up
With the exception of the UK and Ireland, all regions under review recorded a drop in labelstock demand in 2011. The drop was most significant in Scandinavia, where a 6.1% decrease offset the (then already modest) 4.7% growth figure for 2010. The drop in all other regions was modest, and remained below the growth rates recorded in 2010.
eastern europe: now almost one fifth of total european labelstock demand
Since the inception of the FINAT Labelstock statistics, eastern Europe has been consistently increasing its share of total demand for self-adhesive labels in Europe, from about 11% in 2003 to nearly 19% in 2011. By contrast, north-west Europe (Scandinavia and the UK plus Ireland) saw their share in the
Fig. 4
Fig. 6
pie shrinking from nearly 26% to just over 20% over that same period. Central Europe and southern Europe marginally lost share (in spite of the strong emergence of Turkey); and each recorded about 30% of the total demand in Europe last year.
diverging trends across mature markets
Looking at the evolution of the top five label markets across Europe, it can be seen that within the regional averages there are variations for the different individual sovereign markets. These variations may be associated with national economic structures and the composition of market portfolios. In this context, shifts of manufacturing by multi-national customers from one country may have a significant impact on year-by- year comparisons. Over the nine-year period, label printers in France, UK and Spain lost market share compared to their counterparts in Germany and Italy.
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FINAT YEARBOOK 2012 |