
Global Industrial Labels Market Research Report 2025(Status and Outlook)
Description
Report Overview
Industrial labels for difficult applications. Heat resistant, tear resistant labels with permanent adhesive for industrial product tracking. Labels used for industrial applications need to use strong, clear and distinctive colours. This ensures that details remain clear and legible, even in harsh conditions or when seen from a distance.
The global Industrial Labels market size was estimated at USD 42330.0 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 0.06% during the forecast period.
This report provides a deep insight into the global Industrial Labels market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Industrial Labels Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Industrial Labels market in any manner.
Global Industrial Labels Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
3M
Avery Dennison
Brady
CCL Industries
UPM Raflatac
CILS International
NFI Corp
tesa SE
Nitto
HERMA
Cymmetrik
Weber Packaging Solutions
ImageTek Labels
Resource Label
SATO
Market Segmentation (by Type)
Warning/Security Labels
Branding Labels
Weatherproof Labels
Equipment Asset Labels
Others
Market Segmentation (by Application)
Transportation & Logistics
Automobile Industry
Electronic Industry
Consumer Durables
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Industrial Labels Market
Overview of the regional outlook of the Industrial Labels Market:
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Industrial Labels Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Industrial Labels, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
Industrial labels for difficult applications. Heat resistant, tear resistant labels with permanent adhesive for industrial product tracking. Labels used for industrial applications need to use strong, clear and distinctive colours. This ensures that details remain clear and legible, even in harsh conditions or when seen from a distance.
The global Industrial Labels market size was estimated at USD 42330.0 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 0.06% during the forecast period.
This report provides a deep insight into the global Industrial Labels market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Industrial Labels Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Industrial Labels market in any manner.
Global Industrial Labels Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
3M
Avery Dennison
Brady
CCL Industries
UPM Raflatac
CILS International
NFI Corp
tesa SE
Nitto
HERMA
Cymmetrik
Weber Packaging Solutions
ImageTek Labels
Resource Label
SATO
Market Segmentation (by Type)
Warning/Security Labels
Branding Labels
Weatherproof Labels
Equipment Asset Labels
Others
Market Segmentation (by Application)
Transportation & Logistics
Automobile Industry
Electronic Industry
Consumer Durables
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Industrial Labels Market
Overview of the regional outlook of the Industrial Labels Market:
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Industrial Labels Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Industrial Labels, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
Table of Contents
151 Pages
- 1 Research Methodology And Statistical Scope
- 1.1 Market Definition And Statistical Scope Of Industrial Labels
- 1.2 Key Market Segments
- 1.2.1 Industrial Labels Segment By Type
- 1.2.2 Industrial Labels Segment By Application
- 1.3 Methodology & Sources Of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown And Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Industrial Labels Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Industrial Labels Market Size (M Usd) Estimates And Forecasts (2020-2033)
- 2.1.2 Global Industrial Labels Sales Estimates And Forecasts (2020-2033)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size By Region
- 3 Industrial Labels Market Competitive Landscape
- 3.1 Company Assessment Quadrant
- 3.2 Global Industrial Labels Product Life Cycle
- 3.3 Global Industrial Labels Sales By Manufacturers (2020-2025)
- 3.4 Global Industrial Labels Revenue Market Share By Manufacturers (2020-2025)
- 3.5 Industrial Labels Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
- 3.6 Global Industrial Labels Average Price By Manufacturers (2020-2025)
- 3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
- 3.8 Industrial Labels Market Competitive Situation And Trends
- 3.8.1 Industrial Labels Market Concentration Rate
- 3.8.2 Global 5 And 10 Largest Industrial Labels Players Market Share By Revenue
- 3.8.3 Mergers & Acquisitions, Expansion
- 4 Industrial Labels Industry Chain Analysis
- 4.1 Industrial Labels Industry Chain Analysis
- 4.2 Market Overview Of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development And Dynamics Of Industrial Labels Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Industry News
- 5.4.1 New Product Developments
- 5.4.2 Mergers & Acquisitions
- 5.4.3 Expansions
- 5.4.4 Collaboration/Supply Contracts
- 5.5 Pest Analysis
- 5.5.1 Industry Policies Analysis
- 5.5.2 Economic Environment Analysis
- 5.5.3 Social Environment Analysis
- 5.5.4 Technological Environment Analysis
- 5.6 Global Industrial Labels Market Porter's Five Forces Analysis
- 5.6.1 Global Trade Frictions
- 5.6.2 U.S. Tariff Policy – April 2025
- 5.6.3 Global Trade Frictions And Their Impacts To Industrial Labels Market
- 5.7 Esg Ratings Of Leading Companies
- 6 Industrial Labels Market Segmentation By Type
- 6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
- 6.2 Global Industrial Labels Sales Market Share By Type (2020-2025)
- 6.3 Global Industrial Labels Market Size Market Share By Type (2020-2025)
- 6.4 Global Industrial Labels Price By Type (2020-2025)
- 7 Industrial Labels Market Segmentation By Application
- 7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
- 7.2 Global Industrial Labels Market Sales By Application (2020-2025)
- 7.3 Global Industrial Labels Market Size (M Usd) By Application (2020-2025)
- 7.4 Global Industrial Labels Sales Growth Rate By Application (2020-2025)
- 8 Industrial Labels Market Sales By Region
- 8.1 Global Industrial Labels Sales By Region
- 8.1.1 Global Industrial Labels Sales By Region
- 8.1.2 Global Industrial Labels Sales Market Share By Region
- 8.2 Global Industrial Labels Market Size By Region
- 8.2.1 Global Industrial Labels Market Size By Region
- 8.2.2 Global Industrial Labels Market Size Market Share By Region
- 8.3 North America
- 8.3.1 North America Industrial Labels Sales By Country
- 8.3.2 North America Industrial Labels Market Size By Country
- 8.3.3 U.S. Market Overview
- 8.3.4 Canada Market Overview
- 8.3.5 Mexico Market Overview
- 8.4 Europe
- 8.4.1 Europe Industrial Labels Sales By Country
- 8.4.2 Europe Industrial Labels Market Size By Country
- 8.4.3 Germany Market Overview
- 8.4.4 France Market Overview
- 8.4.5 U.K. Market Overview
- 8.4.6 Italy Market Overview
- 8.4.7 Spain Market Overview
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Industrial Labels Sales By Region
- 8.5.2 Asia Pacific Industrial Labels Market Size By Region
- 8.5.3 China Market Overview
- 8.5.4 Japan Market Overview
- 8.5.5 South Korea Market Overview
- 8.5.6 India Market Overview
- 8.5.7 Southeast Asia Market Overview
- 8.6 South America
- 8.6.1 South America Industrial Labels Sales By Country
- 8.6.2 South America Industrial Labels Market Size By Country
- 8.6.3 Brazil Market Overview
- 8.6.4 Argentina Market Overview
- 8.6.5 Columbia Market Overview
- 8.7 Middle East And Africa
- 8.7.1 Middle East And Africa Industrial Labels Sales By Region
- 8.7.2 Middle East And Africa Industrial Labels Market Size By Region
- 8.7.3 Saudi Arabia Market Overview
- 8.7.4 Uae Market Overview
- 8.7.5 Egypt Market Overview
- 8.7.6 Nigeria Market Overview
- 8.7.7 South Africa Market Overview
- 9 Industrial Labels Market Production By Region
- 9.1 Global Production Of Industrial Labels By Region(2020-2025)
- 9.2 Global Industrial Labels Revenue Market Share By Region (2020-2025)
- 9.3 Global Industrial Labels Production, Revenue, Price And Gross Margin (2020-2025)
- 9.4 North America Industrial Labels Production
- 9.4.1 North America Industrial Labels Production Growth Rate (2020-2025)
- 9.4.2 North America Industrial Labels Production, Revenue, Price And Gross Margin (2020-2025)
- 9.5 Europe Industrial Labels Production
- 9.5.1 Europe Industrial Labels Production Growth Rate (2020-2025)
- 9.5.2 Europe Industrial Labels Production, Revenue, Price And Gross Margin (2020-2025)
- 9.6 Japan Industrial Labels Production (2020-2025)
- 9.6.1 Japan Industrial Labels Production Growth Rate (2020-2025)
- 9.6.2 Japan Industrial Labels Production, Revenue, Price And Gross Margin (2020-2025)
- 9.7 China Industrial Labels Production (2020-2025)
- 9.7.1 China Industrial Labels Production Growth Rate (2020-2025)
- 9.7.2 China Industrial Labels Production, Revenue, Price And Gross Margin (2020-2025)
- 10 Key Companies Profile
- 10.1 3m
- 10.1.1 3m Basic Information
- 10.1.2 3m Industrial Labels Product Overview
- 10.1.3 3m Industrial Labels Product Market Performance
- 10.1.4 3m Business Overview
- 10.1.5 3m Swot Analysis
- 10.1.6 3m Recent Developments
- 10.2 Avery Dennison
- 10.2.1 Avery Dennison Basic Information
- 10.2.2 Avery Dennison Industrial Labels Product Overview
- 10.2.3 Avery Dennison Industrial Labels Product Market Performance
- 10.2.4 Avery Dennison Business Overview
- 10.2.5 Avery Dennison Swot Analysis
- 10.2.6 Avery Dennison Recent Developments
- 10.3 Brady
- 10.3.1 Brady Basic Information
- 10.3.2 Brady Industrial Labels Product Overview
- 10.3.3 Brady Industrial Labels Product Market Performance
- 10.3.4 Brady Business Overview
- 10.3.5 Brady Swot Analysis
- 10.3.6 Brady Recent Developments
- 10.4 Ccl Industries
- 10.4.1 Ccl Industries Basic Information
- 10.4.2 Ccl Industries Industrial Labels Product Overview
- 10.4.3 Ccl Industries Industrial Labels Product Market Performance
- 10.4.4 Ccl Industries Business Overview
- 10.4.5 Ccl Industries Recent Developments
- 10.5 Upm Raflatac
- 10.5.1 Upm Raflatac Basic Information
- 10.5.2 Upm Raflatac Industrial Labels Product Overview
- 10.5.3 Upm Raflatac Industrial Labels Product Market Performance
- 10.5.4 Upm Raflatac Business Overview
- 10.5.5 Upm Raflatac Recent Developments
- 10.6 Cils International
- 10.6.1 Cils International Basic Information
- 10.6.2 Cils International Industrial Labels Product Overview
- 10.6.3 Cils International Industrial Labels Product Market Performance
- 10.6.4 Cils International Business Overview
- 10.6.5 Cils International Recent Developments
- 10.7 Nfi Corp
- 10.7.1 Nfi Corp Basic Information
- 10.7.2 Nfi Corp Industrial Labels Product Overview
- 10.7.3 Nfi Corp Industrial Labels Product Market Performance
- 10.7.4 Nfi Corp Business Overview
- 10.7.5 Nfi Corp Recent Developments
- 10.8 Tesa Se
- 10.8.1 Tesa Se Basic Information
- 10.8.2 Tesa Se Industrial Labels Product Overview
- 10.8.3 Tesa Se Industrial Labels Product Market Performance
- 10.8.4 Tesa Se Business Overview
- 10.8.5 Tesa Se Recent Developments
- 10.9 Nitto
- 10.9.1 Nitto Basic Information
- 10.9.2 Nitto Industrial Labels Product Overview
- 10.9.3 Nitto Industrial Labels Product Market Performance
- 10.9.4 Nitto Business Overview
- 10.9.5 Nitto Recent Developments
- 10.10 Herma
- 10.10.1 Herma Basic Information
- 10.10.2 Herma Industrial Labels Product Overview
- 10.10.3 Herma Industrial Labels Product Market Performance
- 10.10.4 Herma Business Overview
- 10.10.5 Herma Recent Developments
- 10.11 Cymmetrik
- 10.11.1 Cymmetrik Basic Information
- 10.11.2 Cymmetrik Industrial Labels Product Overview
- 10.11.3 Cymmetrik Industrial Labels Product Market Performance
- 10.11.4 Cymmetrik Business Overview
- 10.11.5 Cymmetrik Recent Developments
- 10.12 Weber Packaging Solutions
- 10.12.1 Weber Packaging Solutions Basic Information
- 10.12.2 Weber Packaging Solutions Industrial Labels Product Overview
- 10.12.3 Weber Packaging Solutions Industrial Labels Product Market Performance
- 10.12.4 Weber Packaging Solutions Business Overview
- 10.12.5 Weber Packaging Solutions Recent Developments
- 10.13 Imagetek Labels
- 10.13.1 Imagetek Labels Basic Information
- 10.13.2 Imagetek Labels Industrial Labels Product Overview
- 10.13.3 Imagetek Labels Industrial Labels Product Market Performance
- 10.13.4 Imagetek Labels Business Overview
- 10.13.5 Imagetek Labels Recent Developments
- 10.14 Resource Label
- 10.14.1 Resource Label Basic Information
- 10.14.2 Resource Label Industrial Labels Product Overview
- 10.14.3 Resource Label Industrial Labels Product Market Performance
- 10.14.4 Resource Label Business Overview
- 10.14.5 Resource Label Recent Developments
- 10.15 Sato
- 10.15.1 Sato Basic Information
- 10.15.2 Sato Industrial Labels Product Overview
- 10.15.3 Sato Industrial Labels Product Market Performance
- 10.15.4 Sato Business Overview
- 10.15.5 Sato Recent Developments
- 11 Industrial Labels Market Forecast By Region
- 11.1 Global Industrial Labels Market Size Forecast
- 11.2 Global Industrial Labels Market Forecast By Region
- 11.2.1 North America Market Size Forecast By Country
- 11.2.2 Europe Industrial Labels Market Size Forecast By Country
- 11.2.3 Asia Pacific Industrial Labels Market Size Forecast By Region
- 11.2.4 South America Industrial Labels Market Size Forecast By Country
- 11.2.5 Middle East And Africa Forecasted Sales Of Industrial Labels By Country
- 12 Forecast Market By Type And By Application (2026-2033)
- 12.1 Global Industrial Labels Market Forecast By Type (2026-2033)
- 12.1.1 Global Forecasted Sales Of Industrial Labels By Type (2026-2033)
- 12.1.2 Global Industrial Labels Market Size Forecast By Type (2026-2033)
- 12.1.3 Global Forecasted Price Of Industrial Labels By Type (2026-2033)
- 12.2 Global Industrial Labels Market Forecast By Application (2026-2033)
- 12.2.1 Global Industrial Labels Sales (K Mt) Forecast By Application
- 12.2.2 Global Industrial Labels Market Size (M Usd) Forecast By Application (2026-2033)
- 13 Conclusion And Key Findings
Pricing
Currency Rates
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