Market Research Future (MRFR) has published a cooked research report on the “Global In-mold Labels Market” that contains information from 2018 to 2032. The In-mold Labels market is estimated to register a CAGR of 4.5% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global In-mold Labels market— CCL Industries Inc. (Canada), Constantia Flexibles Group GmbH (Austria), Huhtamaki Group (Finland), Coveris Holdings S.A. (Luxembourg), Cenveo Inc. (U.S.), Fuji Seal International Inc. (Japan), Multicolor Corporation (U.S.), EVCO Plastics (U.S.), Innovia Films Ltd. (U.K), Mepco Label Systems (U.S.), Avery Dennison Corporation (U.S.), Century Label Inc. (U.S.), and Allen Plastic (Taiwan).
In Mold Labels Market Highlights
The global In-mold Labels market is accounted to register a CAGR of 4.5% during the forecast period and is estimated to reach USD 3.7 Billion by 2032.
The in-mold labels market encompasses the production and distribution of labels that are directly integrated into a product's packaging during the manufacturing process. These labels become an integral part of the package, providing durability, branding, and cost efficiency, primarily in industries like food, beverages, and cosmetics. The market's growth is driven by its streamlined application process, enhanced aesthetics, and label's resistance to wear and tear.
Segment Analysis
The global In-mold Labels market has been segmented based on Technology, Materials, and Application.
On the basis of Technology, the market is segmented into extrusion blow-molding, injection molding, and thermoforming. The category on the list that is most usually linked to the market for in-mold labels is injection moulding. During injection moulding, molten plastic is poured into a mould cavity where it solidifies to take the desired shape.
Based on Materials, the global In-mold Labels market has been segmented into Polypropylene, polyvinylchloride, and ABS resins. Polypropylene, a thermoplastic polymer, is well known for possessing an exceptional combination of properties, including toughness, adaptability, and chemical resistance. It is commonly used in in-mold labelling applications because to its adaptability to various printing techniques and its propensity to make strong bindings with inks and adhesives.
Based on Application, the global In-mold Labels market has been segmented into food & beverage, chemicals, personal care, and consumer goods. In-mold labels are used in the food and beverage industry because they can result in visually appealing packaging, provide essential product information, and ensure regulatory compliance. Because they are durable, moisture-resistant, and temperature-tolerant, in-mold labels are appropriate for a variety of food and beverage products.
Regional Analysis
The global In-mold Labels market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe In-mold Labels market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The In-mold Labels market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World In-mold Labels market comprises of Middle East, Africa, and Latin America.
The Asia-Pacific In-mold Labels Market dominated this market in 2022 The packaging industry in Europe is well-established and esteemed for having high standards for product quality, sustainability, and design. The region is distinguished by a high rate of in-mold labelling technology adoption and a sizable presence of prominent in-mold label market participants. In-mold labels are a good fit for the trend towards eco-friendly packaging that is popular in European countries. The extensive use and advancement of in-mold labels in Europe are made possible by the region's robust manufacturing base, focus on innovation, and accommodating regulatory framework.
Additionally, The second-largest market share belongs to the North American In-mold Labels market. North America is the second-largest region for the in-mold labels market as a result of factors like the dominance of sectors like food and beverage, personal care, and automotive, the focus on inventive packaging solutions, and the requirement for visually appealing and durable labels to enhance product branding and consumer experience.
Moreover, The Asia-Pacific In-mold Labels Market is expected to grow at the fastest CAGR from 2023 to 2032. Asia-Pacific has a strong manufacturing sector, with China, Japan, and South Korea leading the way in production. A considerable market for in-mold labels exists due to fast urbanization, rising disposable incomes, and a strong emphasis on product branding. Moreover, China’s In-mold Labels market held the largest market share, and the Indian In-mold Labels market was the fastest growing market in the Asia-Pacific region.
Key Findings of the Study
- The global In-mold Labels market is expected to reach USD 3.7 Billion by 2032, at a CAGR of 4.5% during the forecast period.
- The Asia-Pacific In-mold Labels Market dominated this market in 2022 The packaging industry in Europe is well-established and esteemed for having high standards for product quality, sustainability, and design.
- Based on Technology, The category on the list that is most usually linked to the market for in-mold labels is injection moulding.
- CCL Industries Inc. (Canada), Constantia Flexibles Group GmbH (Austria), Huhtamaki Group (Finland), Coveris Holdings S.A. (Luxembourg), Cenveo Inc. (U.S.), Fuji Seal International Inc. (Japan), Multicolor Corporation (U.S.), EVCO Plastics (U.S.), Innovia Films Ltd. (U.K), Mepco Label Systems (U.S.), Avery Dennison Corporation (U.S.), Century Label Inc. (U.S.), and Allen Plastic (Taiwan).
Read More About This Report: In-Mold Labels Market Size
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Companies Covered | 15 |
Pages | 140 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.