Height of the label = 20 cm − 2 cm − 2 cm = 16 cm

Radius of the label = (14/2) cm = 7cm

Label is in the form of a cylinder having its radius and height as 7 cm and 16 cm.

Area of the label = 2π (Radius) (Height)

= { 2 x (22/7) x 7 x16 } cm^{2 }= 704 cm^{2}