Label industry Metamorphosis
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Another significant market opportunity rests in the broad and growing smart-labels segment. The Freedonia Group, in its "Smart Labels" study released in December 2003, expects this category to expand more than 14 percent annually through 2007, approaching 11 billion units valued at $460 million. By 2012, the study projects a market of more than 30 billion units, worth more than $1.2 billion.
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