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Jul 01, 2023

The in-mold labels market is experiencing robust growth owing to its rising adoption in various industries. In-mold labels are applied directly to the product during the manufacturing process, providing a seamless, durable, and attractive packaging solution. This technology offers superior resistance to wear, tear, and moisture, ensuring long-lasting branding and product information. The food and beverage, cosmetics, and automotive sectors are among the key end-users driving market demand.

Additionally, the shift towards sustainable and eco-friendly packaging solutions boosts the market’s expansion. With the advantages of cost-effectiveness and enhanced visual appeal, the in-mold labels market is poised for continuous growth. 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.

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report:

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.

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:

“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.

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In-mold Labels Market Landscape

Smyth Companies LLC, Hammer Packaging Corp., and Inland Label and Marketing Services LLC. are leading players in the market. The Tier 1 players hold 15-20% in the global market for in-mold labels.

In-mold Labels Market by Category

By Process:

By Material:

By Printing Method:

By End-use:

By Region:

TOC Explained: A Guide to Table of Contents!

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Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report:Key Takeaways:Competitive Landscape:Some recent developments:In-mold Labels Market LandscapeIn-mold Labels Market by CategoryBy Process:By Material:By Printing Method:By End-use:By Region:TOC Explained: A Guide to Table of Contents! About Future Market Insights, Inc.Contact:For Sales Enquiries:Browse latest Market Reports: