Packaging and Labeling Services in Michigan
Revenue benchmarks for packaging and labeling services businesses operating in Michigan.
#21 of 50 states-26.2% vs national avg
Average Revenue
$2.0M
per year
Businesses
61
in Michigan
Revenue / Employee
$80K
per year
Labor Cost
55.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
0.6
firms per 100K in MI
Total Revenue
$122.7M
all firms in MI
Total Employees
1,526
in MI
How Michigan Compares
National Average$2.7M
Michigan$2.0M
Difference$713K (-26.2%)