According to the new market research report “In-mold labels Market by Technology (Injection Molding, Extrusion, Thermoforming), Material (PP, PE, ABS, PVC, Others), Printing Technology (Flexographic, Offset, Gravure), Printing inks, End Use (Food & Beverage, Consumer Durables, Automotive) — Forecast to 2020”, published by MarketsandMarkets™, the in-mold labels market is projected to grow from USD 2.58 Billion in 2015 to USD 3.23 Billion by 2020, at an estimated CAGR of 4.54%.
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The market growth is due to the increasing technological advancements leading to cost-efficient manufacturing processes and increasing awareness among the consumers about the sustainable labels and their pace of adopting the products. Growing food & beverage industry also provides an opportunity to the market to grow further, especially in the emerging Asia-Pacific and Latin American regions.
Polypropylene (PP) to gain maximum traction during the forecast period
Polypropylene is a raw material used in the manufacture of in-mold labels, which is extremely versatile as a plastic material. It can be used in a wide range of plastic containers and labels.
They can be softened sufficiently to bond with other polymers, hence reducing the need for other additives. Because of superior characteristics, performance, and low cost compared to other polymers and resins, PP fibers are widely used in this industry and dominate the in-mold labels market.
It is used in packaging and labeling of various consumer and industrial products such as foods, cosmetics, hand tags, bar code labels, retail labels, and no label look.
Food & beverage sector contributes maximum market share
The demand from the food & beverage sector is expected to experience a higher growth rate, mainly because of the growing demand for packaged and branded products, and consumer awareness toward the authenticity of the product. Beverage manufacturers are widely using in-mold labels on bottles owing to technological advancements such as injection molding, thermoforming, and extrusion blow molding that offers cost-effective solutions.
Browse and in-depth TOC on “In-mold labels Market”
186 — Tables
59 — Figures
223 — Pages
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North America to play a key role in the market for in-mold labels
On the basis of key regions, the market for in-mold labels is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The European region held the largest share among all the regions in 2014.
This is mainly due to increasing demand for in-mold labels from France and Germany due to the increasing manufacturing output, rising income and consumption level, and growing demand for effective and efficient labeling solutions.
The scope of the report covers detailed information regarding the major factors influencing the growth of the in-mold labels market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been conducted to provide insights into their business overview, products & services, key strategies, new product & technology launches, mergers & acquisitions, partnerships, agreement, joint ventures, and recent developments associated with the market for in-mold labels.
The key players in the in-mold labels market are CCL Industries Inc. (Canada), Constantia Flexibles Group GmbH (Austria), Huhtamaki Group (Finland), Coveris Holding S.A.
(U.S.), Cenveo, Inc. (U.S.), Fuji Seal International, Inc. (Japan), Multicolor Corporation (U.S.), EVCO Plastics (U.S.), Inland Label & Marketing Services, LLC (U.S.), and Innovia Films Ltd.
(U.K.).
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The In-mold Labels market is expected to witness market growth at a rate of 5.22% in the forecast period of 2021 to 2028The report describes the systematic investigation of current scenario of the market, with the coverage of several market dynamics.
This In-mold Labels report provides with the valuable market reports and industry insights so that nothing gets missed by any means.
The report carries out market segmentation is in terms of markets covered, geographic scope, years considered for the study, currency and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions.
The report has been generated with the knowledge of skilful and innovative team.In-mold Labels market research report has been prepared with the systematic gathering and assessment of market information for In-mold Labels industry.
Moreover, it highlights both qualitative and quantitative techniques of market analysis where focus groups or in-depth interviews and customer survey or analysis of secondary data has been conducted respectively.
While preparing this In-mold Labels report, research and analysis has been performed with one step or the combination of several steps depending upon the business and client requirements.
Detailed evaluation of the Global In-Mold Labels Market The In-Mold Labels market intelligence study is a collection of authentic information and extensive analyses of the data by taking into consideration the market trends, growth prospects, emerging sectors, challenges, and drivers, which can help investors and stakeholders identify the most beneficial approaches suited for the contemporary and potential market landscape.
The In-Mold Labels Market report comprises of product innovation, product launches, business verticals, and significant geographies for the industry.To get a sample pdf with the skeleton of the Global In-Mold Labels Market Report, click here@ https://www.reportsanddata.com/sample-enquiry-form/1317Increasing 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.There are certain market factors that impede this industry's growth.
Manufacturers in this market face significant challenges in terms of different environmental mandates in terms of printing on labels across different regions and increasing raw material costs.In market segmentation by manufacturers, the report covers the following companies-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.)Scope of the studyWith the decelerating growth of the world economy, the In-Mold Labels market has taken a certain amount of impact, although it is still showing a positive growth rate, as observed in the historical data.
The industry experts have also opined that the market drivers and opportunities will help the future growth of the sector.
The market report includes a comprehensive overview, SWOT analysis, and prevalent expansion strategies adopted by the leading companies in the industry to help the readers capitalize on the emerging opportunities for growth.In market segmentation by types of In-Mold Labels, the report covers-Deployment Outlook (Revenue, USD Million; 2018-2026)Product (Revenue, USD Million; 2016–2026)PolypropylenePolyethylenePolyvinyl chlorideABS resinsPolyethylene TerephthalatePolyvinylidene Chloride Polycarbonate Synthetic Papers OthersIn market segmentation by applications of the In-Mold Labels, the report covers the following uses-Personal CareConsumer DurablesFood & BeverageAutomotiveMedical and LaboratoryPaintsOthersGeographically, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.Avail this report at attractive Discount rates!
Which Trends are responsible for these developments?Who are the leading vendors in the Global In-Mold Labels Market?
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