I came across this thread http://forums.adobe.com/message/2982117 explaining how to wrap a label around a cylinder. However when I try myself, I obtain an enormous 3D cylinder with my label glued on it and once I reduce the size of the cylinder to the desired size, my label is minuscule. Additionally, it takes me ages to rotate/scale the cylinder in the right way.
Isn't there any easier solution ? If not, how to solve the size problem ? Why is the 3D cylinder provided by Photoshop so enormous ?