Number of Packaging and Labeling Services Businesses in the US (2000–2023)
As of 2023
16,003
packaging and labeling services businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The packaging and labeling services industry has declined 20.1% since 2000 (from 20,024 to 16,003 firms).
- •The peak year was 2000 with 20,024 firms.
- •Recent trend (last 5 years): the industry is growing (+1.3%).
- •Employment: 313,536 workers in 2023 (-33.1% change since 2000).
- •Estimated 5-year survival rate: 61%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 16,003 | 18,428 | 313,536 | 12.4% | 9.4% | +3.9% |
| 2022 | 15,664 | 17,981 | 305,009 | 13.9% | 10.1% | +13.9% |
| 2021 | 15,016 | 17,318 | 264,057 | 11.9% | 14.2% | -14.7% |
| 2020 | 15,854 | 17,930 | 307,301 | 11.0% | 10.2% | +1.2% |
| 2019 | 15,803 | 17,805 | 303,960 | 10.1% | 8.9% | +2.5% |
| 2018 | 15,722 | 17,675 | 295,533 | 10.3% | 9.8% | +3.2% |
| 2017 | 15,603 | 17,695 | 287,206 | 9.5% | 9.8% | -1.1% |
| 2016 | 15,567 | 17,651 | 285,793 | 10.7% | 8.8% | +6.1% |
| 2015 | 15,492 | 17,339 | 269,860 | 10.6% | 9.6% | +1.8% |
| 2014 | 15,331 | 17,140 | 266,451 | 9.5% | 9.4% | +0.9% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.