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The United States Glue-applied Labels market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Glue-applied Labels market, reaching US$ million by the year 2028. As for the Europe Glue-applied Labels landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Glue-applied Labels players cover Avery Dennison, Coveris, CCL Label, and Constantia Flexibles, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Glue-applied Labels market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Paper
Polypropylene
Polyethylene
PET
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Food and Beverage
Pharmaceutical
Logistics and Transportation
Semiconductor and Electronics
Retail Labels
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
Avery Dennison
Coveris
CCL Label
Constantia Flexibles
Henkel
Lintec
3M
WS Packaging Grou
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Glue-applied Labels Market Size 2017-2028
2.1.2 Glue-applied Labels Market Size CAGR by Region 2017 VS 2022 VS 2028
2.2 Glue-applied Labels Segment by Type
2.2.1 Paper
2.2.2 Polypropylene
2.2.3 Polyethylene
2.2.4 PET
2.3 Glue-applied Labels Market Size by Type
2.3.1 Glue-applied Labels Market Size CAGR by Type (2017 VS 2022 VS 2028)
2.3.2 Global Glue-applied Labels Market Size Market Share by Type (2017-2022)
2.4 Glue-applied Labels Segment by Application
2.4.1 Food and Beverage
2.4.2 Pharmaceutical
2.4.3 Logistics and Transportation
2.4.4 Semiconductor and Electronics
2.4.5 Retail Labels
2.5 Glue-applied Labels Market Size by Application
2.5.1 Glue-applied Labels Market Size CAGR by Application (2017 VS 2022 VS 2028)
2.5.2 Global Glue-applied Labels Market Size Market Share by Application (2017-2022)
3 Glue-applied Labels Market Size by Player
3.1 Glue-applied Labels Market Size Market Share by Players
3.1.1 Global Glue-applied Labels Revenue by Players (2020-2022)
3.1.2 Global Glue-applied Labels Revenue Market Share by Players (2020-2022)
3.2 Global Glue-applied Labels Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Glue-applied Labels by Regions
4.1 Glue-applied Labels Market Size by Regions (2017-2022)
4.2 Americas Glue-applied Labels Market Size Growth (2017-2022)
4.3 APAC Glue-applied Labels Market Size Growth (2017-2022)
4.4 Europe Glue-applied Labels Market Size Growth (2017-2022)
4.5 Middle East & Africa Glue-applied Labels Market Size Growth (2017-2022)
5 Americas
5.1 Americas Glue-applied Labels Market Size by Country (2017-2022)
5.2 Americas Glue-applied Labels Market Size by Type (2017-2022)
5.3 Americas Glue-applied Labels Market Size by Application (2017-2022)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Glue-applied Labels Market Size by Region (2017-2022)
6.2 APAC Glue-applied Labels Market Size by Type (2017-2022)
6.3 APAC Glue-applied Labels Market Size by Application (2017-2022)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Glue-applied Labels by Country (2017-2022)
7.2 Europe Glue-applied Labels Market Size by Type (2017-2022)
7.3 Europe Glue-applied Labels Market Size by Application (2017-2022)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Glue-applied Labels by Region (2017-2022)
8.2 Middle East & Africa Glue-applied Labels Market Size by Type (2017-2022)
8.3 Middle East & Africa Glue-applied Labels Market Size by Application (2017-2022)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Glue-applied Labels Market Forecast
10.1 Global Glue-applied Labels Forecast by Regions (2023-2028)
10.1.1 Global Glue-applied Labels Forecast by Regions (2023-2028)
10.1.2 Americas Glue-applied Labels Forecast
10.1.3 APAC Glue-applied Labels Forecast
10.1.4 Europe Glue-applied Labels Forecast
10.1.5 Middle East & Africa Glue-applied Labels Forecast
10.2 Americas Glue-applied Labels Forecast by Country (2023-2028)
10.2.1 United States Glue-applied Labels Market Forecast
10.2.2 Canada Glue-applied Labels Market Forecast
10.2.3 Mexico Glue-applied Labels Market Forecast
10.2.4 Brazil Glue-applied Labels Market Forecast
10.3 APAC Glue-applied Labels Forecast by Region (2023-2028)
10.3.1 China Glue-applied Labels Market Forecast
10.3.2 Japan Glue-applied Labels Market Forecast
10.3.3 Korea Glue-applied Labels Market Forecast
10.3.4 Southeast Asia Glue-applied Labels Market Forecast
10.3.5 India Glue-applied Labels Market Forecast
10.3.6 Australia Glue-applied Labels Market Forecast
10.4 Europe Glue-applied Labels Forecast by Country (2023-2028)
10.4.1 Germany Glue-applied Labels Market Forecast
10.4.2 France Glue-applied Labels Market Forecast
10.4.3 UK Glue-applied Labels Market Forecast
10.4.4 Italy Glue-applied Labels Market Forecast
10.4.5 Russia Glue-applied Labels Market Forecast
10.5 Middle East & Africa Glue-applied Labels Forecast by Region (2023-2028)
10.5.1 Egypt Glue-applied Labels Market Forecast
10.5.2 South Africa Glue-applied Labels Market Forecast
10.5.3 Israel Glue-applied Labels Market Forecast
10.5.4 Turkey Glue-applied Labels Market Forecast
10.5.5 GCC Countries Glue-applied Labels Market Forecast
10.6 Global Glue-applied Labels Forecast by Type (2023-2028)
10.7 Global Glue-applied Labels Forecast by Application (2023-2028)
11 Key Players Analysis
11.1 Avery Dennison
11.1.1 Avery Dennison Company Information
11.1.2 Avery Dennison Glue-applied Labels Product Offered
11.1.3 Avery Dennison Glue-applied Labels Revenue, Gross Margin and Market Share (2020-2022)
11.1.4 Avery Dennison Main Business Overview
11.1.5 Avery Dennison Latest Developments
11.2 Coveris
11.2.1 Coveris Company Information
11.2.2 Coveris Glue-applied Labels Product Offered
11.2.3 Coveris Glue-applied Labels Revenue, Gross Margin and Market Share (2020-2022)
11.2.4 Coveris Main Business Overview
11.2.5 Coveris Latest Developments
11.3 CCL Label
11.3.1 CCL Label Company Information
11.3.2 CCL Label Glue-applied Labels Product Offered
11.3.3 CCL Label Glue-applied Labels Revenue, Gross Margin and Market Share (2020-2022)
11.3.4 CCL Label Main Business Overview
11.3.5 CCL Label Latest Developments
11.4 Constantia Flexibles
11.4.1 Constantia Flexibles Company Information
11.4.2 Constantia Flexibles Glue-applied Labels Product Offered
11.4.3 Constantia Flexibles Glue-applied Labels Revenue, Gross Margin and Market Share (2020-2022)
11.4.4 Constantia Flexibles Main Business Overview
11.4.5 Constantia Flexibles Latest Developments
11.5 Henkel
11.5.1 Henkel Company Information
11.5.2 Henkel Glue-applied Labels Product Offered
11.5.3 Henkel Glue-applied Labels Revenue, Gross Margin and Market Share (2020-2022)
11.5.4 Henkel Main Business Overview
11.5.5 Henkel Latest Developments
11.6 Lintec
11.6.1 Lintec Company Information
11.6.2 Lintec Glue-applied Labels Product Offered
11.6.3 Lintec Glue-applied Labels Revenue, Gross Margin and Market Share (2020-2022)
11.6.4 Lintec Main Business Overview
11.6.5 Lintec Latest Developments
11.7 3M
11.7.1 3M Company Information
11.7.2 3M Glue-applied Labels Product Offered
11.7.3 3M Glue-applied Labels Revenue, Gross Margin and Market Share (2020-2022)
11.7.4 3M Main Business Overview
11.7.5 3M Latest Developments
11.8 WS Packaging Grou
11.8.1 WS Packaging Grou Company Information
11.8.2 WS Packaging Grou Glue-applied Labels Product Offered
11.8.3 WS Packaging Grou Glue-applied Labels Revenue, Gross Margin and Market Share (2020-2022)
11.8.4 WS Packaging Grou Main Business Overview
11.8.5 WS Packaging Grou Latest Developments
12 Research Findings and Conclusion
Table 1. Glue-applied Labels Market Size CAGR by Region (2017 VS 2022 VS 2028) & ($ Millions)
Table 2. Major Players of Paper
Table 3. Major Players of Polypropylene
Table 4. Major Players of Polyethylene
Table 5. Major Players of PET
Table 6. Glue-applied Labels Market Size CAGR by Type (2017 VS 2022 VS 2028) & ($ Millions)
Table 7. Global Glue-applied Labels Market Size by Type (2017-2022) & ($ Millions)
Table 8. Global Glue-applied Labels Market Size Market Share by Type (2017-2022)
Table 9. Glue-applied Labels Market Size CAGR by Application (2017 VS 2022 VS 2028) & ($ Millions)
Table 10. Global Glue-applied Labels Market Size by Application (2017-2022) & ($ Millions)
Table 11. Global Glue-applied Labels Market Size Market Share by Application (2017-2022)
Table 12. Global Glue-applied Labels Revenue by Players (2020-2022) & ($ Millions)
Table 13. Global Glue-applied Labels Revenue Market Share by Player (2020-2022)
Table 14. Glue-applied Labels Key Players Head office and Products Offered
Table 15. Glue-applied Labels Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
Table 16. New Products and Potential Entrants
Table 17. Mergers & Acquisitions, Expansion
Table 18. Global Glue-applied Labels Market Size by Regions 2017-2022 & ($ Millions)
Table 19. Global Glue-applied Labels Market Size Market Share by Regions (2017-2022)
Table 20. Americas Glue-applied Labels Market Size by Country (2017-2022) & ($ Millions)
Table 21. Americas Glue-applied Labels Market Size Market Share by Country (2017-2022)
Table 22. Americas Glue-applied Labels Market Size by Type (2017-2022) & ($ Millions)
Table 23. Americas Glue-applied Labels Market Size Market Share by Type (2017-2022)
Table 24. Americas Glue-applied Labels Market Size by Application (2017-2022) & ($ Millions)
Table 25. Americas Glue-applied Labels Market Size Market Share by Application (2017-2022)
Table 26. APAC Glue-applied Labels Market Size by Region (2017-2022) & ($ Millions)
Table 27. APAC Glue-applied Labels Market Size Market Share by Region (2017-2022)
Table 28. APAC Glue-applied Labels Market Size by Type (2017-2022) & ($ Millions)
Table 29. APAC Glue-applied Labels Market Size Market Share by Type (2017-2022)
Table 30. APAC Glue-applied Labels Market Size by Application (2017-2022) & ($ Millions)
Table 31. APAC Glue-applied Labels Market Size Market Share by Application (2017-2022)
Table 32. Europe Glue-applied Labels Market Size by Country (2017-2022) & ($ Millions)
Table 33. Europe Glue-applied Labels Market Size Market Share by Country (2017-2022)
Table 34. Europe Glue-applied Labels Market Size by Type (2017-2022) & ($ Millions)
Table 35. Europe Glue-applied Labels Market Size Market Share by Type (2017-2022)
Table 36. Europe Glue-applied Labels Market Size by Application (2017-2022) & ($ Millions)
Table 37. Europe Glue-applied Labels Market Size Market Share by Application (2017-2022)
Table 38. Middle East & Africa Glue-applied Labels Market Size by Region (2017-2022) & ($ Millions)
Table 39. Middle East & Africa Glue-applied Labels Market Size Market Share by Region (2017-2022)
Table 40. Middle East & Africa Glue-applied Labels Market Size by Type (2017-2022) & ($ Millions)
Table 41. Middle East & Africa Glue-applied Labels Market Size Market Share by Type (2017-2022)
Table 42. Middle East & Africa Glue-applied Labels Market Size by Application (2017-2022) & ($ Millions)
Table 43. Middle East & Africa Glue-applied Labels Market Size Market Share by Application (2017-2022)
Table 44. Key Market Drivers & Growth Opportunities of Glue-applied Labels
Table 45. Key Market Challenges & Risks of Glue-applied Labels
Table 46. Key Industry Trends of Glue-applied Labels
Table 47. Global Glue-applied Labels Market Size Forecast by Regions (2023-2028) & ($ Millions)
Table 48. Global Glue-applied Labels Market Size Market Share Forecast by Regions (2023-2028)
Table 49. Global Glue-applied Labels Market Size Forecast by Type (2023-2028) & ($ Millions)
Table 50. Global Glue-applied Labels Market Size Market Share Forecast by Type (2023-2028)
Table 51. Global Glue-applied Labels Market Size Forecast by Application (2023-2028) & ($ Millions)
Table 52. Global Glue-applied Labels Market Size Market Share Forecast by Application (2023-2028)
Table 53. Avery Dennison Details, Company Type, Glue-applied Labels Area Served and Its Competitors
Table 54. Avery Dennison Glue-applied Labels Product Offered
Table 55. Avery Dennison Glue-applied Labels Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 56. Avery Dennison Main Business
Table 57. Avery Dennison Latest Developments
Table 58. Coveris Details, Company Type, Glue-applied Labels Area Served and Its Competitors
Table 59. Coveris Glue-applied Labels Product Offered
Table 60. Coveris Main Business
Table 61. Coveris Glue-applied Labels Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 62. Coveris Latest Developments
Table 63. CCL Label Details, Company Type, Glue-applied Labels Area Served and Its Competitors
Table 64. CCL Label Glue-applied Labels Product Offered
Table 65. CCL Label Main Business
Table 66. CCL Label Glue-applied Labels Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 67. CCL Label Latest Developments
Table 68. Constantia Flexibles Details, Company Type, Glue-applied Labels Area Served and Its Competitors
Table 69. Constantia Flexibles Glue-applied Labels Product Offered
Table 70. Constantia Flexibles Main Business
Table 71. Constantia Flexibles Glue-applied Labels Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 72. Constantia Flexibles Latest Developments
Table 73. Henkel Details, Company Type, Glue-applied Labels Area Served and Its Competitors
Table 74. Henkel Glue-applied Labels Product Offered
Table 75. Henkel Main Business
Table 76. Henkel Glue-applied Labels Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 77. Henkel Latest Developments
Table 78. Lintec Details, Company Type, Glue-applied Labels Area Served and Its Competitors
Table 79. Lintec Glue-applied Labels Product Offered
Table 80. Lintec Main Business
Table 81. Lintec Glue-applied Labels Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 82. Lintec Latest Developments
Table 83. 3M Details, Company Type, Glue-applied Labels Area Served and Its Competitors
Table 84. 3M Glue-applied Labels Product Offered
Table 85. 3M Main Business
Table 86. 3M Glue-applied Labels Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 87. 3M Latest Developments
Table 88. WS Packaging Grou Details, Company Type, Glue-applied Labels Area Served and Its Competitors
Table 89. WS Packaging Grou Glue-applied Labels Product Offered
Table 90. WS Packaging Grou Main Business
Table 91. WS Packaging Grou Glue-applied Labels Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 92. WS Packaging Grou Latest Developments
List of Figures
Figure 1. Glue-applied Labels Report Years Considered
Figure 2. Research Objectives
Figure 3. Research Methodology
Figure 4. Research Process and Data Source
Figure 5. Global Glue-applied Labels Market Size Growth Rate 2017-2028 ($ Millions)
Figure 6. Global Glue-applied Labels Market Size Market Share by Type in 2021
Figure 7. Glue-applied Labels in Food and Beverage
Figure 8. Global Glue-applied Labels Market: Food and Beverage (2017-2022) & ($ Millions)
Figure 9. Glue-applied Labels in Pharmaceutical
Figure 10. Global Glue-applied Labels Market: Pharmaceutical (2017-2022) & ($ Millions)
Figure 11. Glue-applied Labels in Logistics and Transportation
Figure 12. Global Glue-applied Labels Market: Logistics and Transportation (2017-2022) & ($ Millions)
Figure 13. Glue-applied Labels in Semiconductor and Electronics
Figure 14. Global Glue-applied Labels Market: Semiconductor and Electronics (2017-2022) & ($ Millions)
Figure 15. Glue-applied Labels in Retail Labels
Figure 16. Global Glue-applied Labels Market: Retail Labels (2017-2022) & ($ Millions)
Figure 17. Global Glue-applied Labels Market Size Market Share by Application in 2021
Figure 18. Global Glue-applied Labels Revenue Market Share by Player in 2021
Figure 19. Global Glue-applied Labels Market Size Market Share by Regions (2017-2022)
Figure 20. Americas Glue-applied Labels Market Size 2017-2022 ($ Millions)
Figure 21. APAC Glue-applied Labels Market Size 2017-2022 ($ Millions)
Figure 22. Europe Glue-applied Labels Market Size 2017-2022 ($ Millions)
Figure 23. Middle East & Africa Glue-applied Labels Market Size 2017-2022 ($ Millions)
Figure 24. Americas Glue-applied Labels Value Market Share by Country in 2021
Figure 25. Americas Glue-applied Labels Consumption Market Share by Type in 2021
Figure 26. Americas Glue-applied Labels Market Size Market Share by Application in 2021
Figure 27. United States Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 28. Canada Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 29. Mexico Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 30. Brazil Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 31. APAC Glue-applied Labels Market Size Market Share by Region in 2021
Figure 32. APAC Glue-applied Labels Market Size Market Share by Application in 2021
Figure 33. China Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 34. Japan Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 35. Korea Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 36. Southeast Asia Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 37. India Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 38. Australia Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 39. Europe Glue-applied Labels Market Size Market Share by Country in 2021
Figure 40. Europe Glue-applied Labels Market Size Market Share by Type in 2021
Figure 41. Europe Glue-applied Labels Market Size Market Share by Application in 2021
Figure 42. Germany Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 43. France Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 44. UK Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 45. Italy Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 46. Russia Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 47. Middle East & Africa Glue-applied Labels Market Size Market Share by Region in 2021
Figure 48. Middle East & Africa Glue-applied Labels Market Size Market Share by Type in 2021
Figure 49. Middle East & Africa Glue-applied Labels Market Size Market Share by Application in 2021
Figure 50. Egypt Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 51. South Africa Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 52. Israel Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 53. Turkey Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 54. GCC Country Glue-applied Labels Market Size Growth 2017-2022 ($ Millions)
Figure 55. Americas Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 56. APAC Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 57. Europe Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 58. Middle East & Africa Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 59. United States Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 60. Canada Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 61. Mexico Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 62. Brazil Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 63. China Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 64. Japan Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 65. Korea Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 66. Southeast Asia Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 67. India Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 68. Australia Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 69. Germany Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 70. France Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 71. UK Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 72. Italy Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 73. Russia Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 74. Spain Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 75. Egypt Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 76. South Africa Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 77. Israel Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 78. Turkey Glue-applied Labels Market Size 2023-2028 ($ Millions)
Figure 79. GCC Countries Glue-applied Labels Market Size 2023-2028 ($ Millions)
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