In-mold Labels Market is estimated to cross a worth of US$ 1,568.1 Million at a CAGR of 3.3% by the forecast end of 2033

By the end of 2023, Europe In-mold Labels Market is expected to continue its upward trend and capture more than 46.5% of the market share, with a projected compound annual growth rate (CAGR) of 3.4%. Meanwhile, North America accounted for 26.1% of the in-mold labels market revenue in 2022, with the United States alone representing 22.8% of that revenue. The market in this region is expected to grow at a CAGR of 3.3% throughout the forecast period.

/EIN News/ — NEWARK, Del, May 09, 2023 (GLOBE NEWSWIRE) — The global in-mold labels market is expected to attain a valuation of US$ 1,133.4 Million in 2023 and is projected to reach US$ 1,568.1 Million by 2033, trailing a CAGR of 3.3% during the forecast period.

The market is being driven by various factors, including the growing demand for labels in food packaging, the increasing desire among customers for attractive packaging, and the transparent appearance and no glue requirement in-mold labels. These factors are contributing to the expansion of the global in-mold labels market.

In-mold labels are gaining popularity in emerging economies as an environmentally friendly labeling solution for packaging needs. Many consumer durable and personal care industry players are actively seeking in-mold labels as a viable labeling option. The increasing product penetration in various emerging economies is further expected to drive market growth.

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report: https://www.futuremarketinsights.com/reports/sample/rep-gb-2621

The demand for product identification labels in consumer durable goods is anticipated to increase due to their ability to withstand harsh conditions. The rise in disposable income and the rapid adoption of modern lifestyles are expected to drive demand for consumer durables in the coming years. This may positively affect market growth in the coming years. Additionally, consumer electronics manufacturers are focusing on producing quality products with enhanced features at affordable prices, which is also likely to fuel the demand for in-mold labels in the near future.

Key Takeaways:

• Europe is expected to dominate the market while growing with a CAGR of 3.4% during the forecast period.
• The market in India is projected to witness a promising CAGR of 6.1% during the forecast period.
• China is expected to grow at a 5.4% CAGR during the forecast period.
• By material, polypropylene is projected to lead the segment and is estimated to grow with a CAGR of 6.8% during the forecast period.
• By end-use, the food segment is expected to lead the market. It is expected to grow with a CAGR of 6.4% throughout the forecast period.

“Surging demand for product identification labels and attractive packaging is estimated to drive the demand for in-mold labels over the forecast period,” says an analyst at FMI.

Competitive Landscape:

The in-mold labels market is extremely competitive and consists of various key industry players. These players are heavily investing in manufacturing in-mold labels.

The key industry players are CCL Industries Inc., Constantia Flexibles Group GmbH, Coveris Holding S.A, Avery Dennison Corp., Multicolor Corporation, Fuji Seal International Inc., Tasus Corporation, Canyon Graphics Inc., Huhtamaki Oyj, Korsini Ambalaj San. Tic. A.S., Walle Corporation, Duratech Industries Inc., Admark Visual Imaging Limited, Aspasie Inc., General Press Corporation.

Some recent developments:

Key industry players leverage organic growth strategies like acquisition, mergers, partnerships, and collaboration to enhance their product portfolio. This is expected to fuel the demand for in-mold labels in the forecast period.

• In April 2021, Multi-Color Corporation (MCC) announced the acquisition of Paris Art Label Company, Inc., a United States-based label manufacturer that specializes in in-mold labeling (IML) for the food and beverage industry. The acquisition is expected to strengthen MCC’s position in the in-mold labeling market.
• In January 2021, CCL Industries Inc. merged its label and consumer packaging group with Graphic West International, a United States-based manufacturer of In-mold labels and other packaging solutions. The merger is expected to create a leading provider of packaging solutions, including in-mold labels, for the food and beverage, healthcare, and consumer goods industries.
• In September 2020, Constantia Flexibles launched a new range of In-mold labels for the food and beverage industry. The labels are designed to offer high-quality printing and improved sustainability and are available in various shapes and sizes.

Want your report customized? Speak to an analyst and personalize your report as per your needs: https://www.futuremarketinsights.com/customization-available/rep-gb-2621

More Valuable Insights Available:

Future Market Insights offers an unbiased analysis of the global in-mold labels market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the in-mold Labels market, the market is segmented on the basis of process, material, printing method, end-use and region.

About the Packaging Division at Future Market Insights:

The packaging team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

Key segments profiled:

By Process:

• Blow Molding
• Injection Molding
• Thermoforming

By Material:

• Polypropylene (PP)
• Polyethylene terephthalate (PET)
• Polystyrene (PS)
• Polyethylene (PE)
• Barrier
• Paper
• Others

By Printing Method:

• Gravure
• Flexo
• Offset
• Screen
• Digital
• Others

By End Use:

• Food
• Beverage
• Pharmaceuticals
• Domestic Care
• Personal Care & Cosmetics
• Others

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Grow your profit margins – buy this report at a discounted price: https://www.futuremarketinsights.com/checkout/2621

Table of Content (ToC):

1. Executive Summary | In-mold Labels Market

2. Market Overview

3. Market Background

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Process

6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material

7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Printing Method

8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-use

9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region

10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

Explore Trending Reports of Packaging:

Pressure Sensitive Tapes and Labels Market Size: The pressure-sensitive tapes and labels market generated total revenue of US$ 90 Billion in 2022. The industry is anticipated to rise at a healthy CAGR of 6% over the forecast period, to attain market revenue of US$ 170.85 Billion by 2033.

Sustainable Labels Market Share: Sustainable labels are labeling solutions that testify to the product’s attention to safety for the environment in comparison to others. These labels have become ideal marketing tools for companies to tell their customers that by purchasing their products, they are making a more eco-conscious and sustainable choice.

Linerless Labels Market Demand: Linerless labels are in high demand for e-commerce and logistical uses including shipping and transportation. Linerless labels are useful in e-commerce packaging since it involves consignor and consignee information with the tracking system to protect the product during delivery.

Multi-Part Labels Market Growth: The majority of key players in the market are large suppliers of multi-part labels (also known as label sets). Since they are created on sheets or rolls and in a wide range of various material and adhesive combinations, demand for multi-part labels is likely to increase. Their end uses are quite diverse, ranging from advertising stickers to industrial identification, which has attracted consumer interest in recent years.

Time Temperature Indicator Labels Market Sales: Time temperature indicator (TTI) labels are used to determine products’ accumulated time-temperature histories. They are predominantly utilized across the medical, pharmaceutical, and food sectors for indicating products’ exposures to excessive temperatures along with the times during which they were exposed.

Shrink Sleeve Labels Market Overview: Shrink sleeve labels are one of the most durable and ideal labels for products that are exposed to severe moisture and friction. The major benefits in favor of shrink sleeve labels are 360-degree design coverage, full color, abrasion and moisture resistance, and wide compatibility.

Resealable Packaging Labels Market Type: The industrial revolution had a paramount influence on the way food packaging was designed and developed. Over the years, as machines swapped hands as the fundamental method of manufacturing products, packaging advanced and production became faster and more resourceful.

Smart Labels Market Trends: Future Market Insights predict a comparison and review analysis of the dynamics of the smart labels market, which is principally subjected to an array of industry factors along with a few definite influences regarding the high cost of devices in smart label printing is likely to restrict the market growth.

Sheeted Labels Market Analysis: Sheeted labels is one of the important labelling tools for brand owners and marketers. The sheeted labels market is gaining traction owing to the rising growth of cosmetics & personal care products along with the beverages industry.

Foil Labels Market Outlook: With the new marketing techniques and attractive packaging solutions, foil labels are something a brand cannot stamp out. The latest technology has enabled manufacturers to implement smart technology to print metallic foil labels along with creative paper foils.

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

Contact Us:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn | Twitter | Blogs | YouTube
For Sales Enquiries: [email protected]