If we had to give 2020 a headline, it would be that for the first time in decades the label industry has not grown. But looking at how most sectors behaved in the face of the demand standstill caused by covid-19, the assessment has its nuances: while automotive, industry and wine went through difficulties, food, hygiene and logistics grew significantly.
The identification, traceability and marketing that labels provide allowed essential products such as medicines, gels and food to reach the market, proving that our industry was essential too.
«At BIOLID our premise is to end 2020 in the least bad shape possible. Looking at 2021, thanks to the vaccines, we expect significant growth from the recovery of consumption in hospitality, automotive and industry. We have tried not to halt our investment projects, always on prudent criteria, so that we can carry out our 2025 Business Plan», says Guillermo Buces, CEO of BIOLID.