The In-Mold Labels Market is expected to grow from USD 3.25 Billion in 2020 to USD 4.34 Billion by 2028, at a CAGR of 3.7%. Due to innovative developments in the industrial sector, growth in the food and beverage industry and increased demand for eco - friendly and high - performance labels, the market for in - mold labels is growing. Increasing consumer awareness of sustainable labels and their pace of adoption is one of the most important factors leading to increased demand for in-mold labels, especially in the emerging regions of Asia-Pacific and Latin America.
In this report, the global packaging industry is segmented on the basis of product type, application, technology, and region. The authors have also implemented many primary and secondary research methodologies to derive vital data information about the key regional markets of the global packaging industry including North America, Europe, Asia Pacific, Latin America, and the Middle East Africa. The report offers key insights into the factors positively influencing the revenue growth of each regional market and provides information about the most lucrative investment opportunities for all stakeholders, investors, and clients in these markets. Furthermore, the report elucidates the intensely competitive scenario of the In-Mold Labels industry and highlights the key strategic developments taking place in the industry, such as mergers acquisitions, joint ventures, corporate deals, and partnerships collaborations.
Key Players:
The significant players in the market are Fuji Seal International (Japan), Huhtamaki Group (Finland), Coveris Holding (U.S.), CCL Industries (Canada), Constantia Flexibles GmbH (Austria), Cenveo Inc. (U.S.), and Multicolor Corporation (U.S.).
Further key findings from the report suggest:
- The In-Mold Labels market is expected to grow from USD 3.25 Billion in 2020 to USD 4.34 Billion by 2028, at a CAGR of 3.7%. Due to innovative developments in the industrial sector, growth in the food and beverage industry and increased demand for eco - friendly and high - performance labels, the market for in - mold labels is growing.
- Polypropylene had the largest market share in volume and value on the basis of material in 2020 at a CAGR of 5.67%. Due to its effective moisture resistant properties, it has become an essential labeling material. It is used to label various consumer and industrial products, such as food, barcode labels and retail labels, in-mold.
- Injection molding technology was, in terms of volume and value, the most widely used production process for in-mold labels among other technologies. Most in-mold labels are used in injection molding applications because they help the labels to have a three-dimensional effect on various products such as food and beverages, cosmetics and automotive parts.
- Flexographic printing is expected to hold the largest market share based on printing technology during the forecast period with revenue of USD 1.01 Billion in 2028. This printing technology makes it easier to mold different types of polymers on a wide range of porous and non-porous surfaces.
- In 2020, the food and beverage segment was the largest market share and is expected to maintain its dominance during the forecast period. This growth is due to increasing consumer awareness of trends in packaged food and increased container and bottled packaging consumption.
- North America is projected to grow at the highest rate between 2019 and 2028 at a CAGR of 8.21%, owing to the presence of key market players and changing government policies on sustainable labels, which have affected the performance of the market for in - mold labels.
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Market Segmentation:
Segments covered in the report:
This report forecasts revenue growth at a global, regional country level, and provides an analysis on the industry trends in each of the sub-segments from 2016 to 2028. For the purpose of this study, Reports and Data have segmented the Market on the basis of type, application-type, deployment, industry, organization and region:
Product (Revenue, USD Million; 2020–2028)
- Polypropylene
- Polyethylene
- Polyvinyl chloride
- ABS resins
- Polyethylene Terephthalate
- Polyvinylidene Chloride
- Polycarbonate
- Synthetic Papers
- Others
Technology (Revenue, USD Million; 2020–2028)
- Extrusion Blow-Molding Process
- Injection Molding Process
- Thermoforming
End User (Revenue, USD Million; 2020–2028)
- Personal Care
- Consumer Durables
- Food Beverage
- Automotive
- Medical and Laboratory
- Paints
- Others
Printing Technologies (Revenue, USD Million; 2020–2028)
- Flexographic Printing
- Offset Printing
- Gravure Printing
- Digital Printing
- Others
Printing Inks (Revenue, USD Million; 2020–2028)
- UV Curable Inks
- Thermal Cured Inks
- Water-Soluble Inks
- High Melt-Resistant Inks
- Others
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Region (Revenue, USD Million; 2020–2028)
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- APAC
- China
- India
- Latin America
- Brazil
- Middle East Africa
Identifying the basic business drivers, challenges, and tactics adopted:
- The report provides intrinsic details and fluctuating aspects that influence the commercial dynamics of the In-Mold Labels market along with integral factors of the rise in the demand for the product have been mapped across vital geographical regions.
- An overview of the multifarious applications, business areas and the latest trends observed in the industry has been laid out by this study.
- Various challenges overlooking the business and the numerous strategies employed by the industry players for successful marketing of the product have also been illustrated.
- The research inspects the sales channels (indirect, direct, marketing) that companies have chosen for the primary product distributors and the superior clientele of the market.
Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
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