Molded Labeling Market Application Analysis, Regional Outlook, Competitive Strategies and Forecast to 2028
The growing adoption of third-party applications and the increase in cyber attacks are the main drivers of the market.
NEW YORK CITY, NY, UNITED STATES, September 21, 2021 /EINPresswire.com/ — The In-Mold Labels Market is expected to grow from $ 3.25 billion in 2020 to $ 4.34 billion by 2028, with a CAGR of 3.7%. Due to the innovative developments in the industrial sector, the growth of the food and beverage industry and the increasing demand for environmentally friendly and high performance labels, the in-mold label market is growing.
Growing consumer awareness of sustainable labels and their rate of adoption is one of the most important factors leading to increased demand for molded labels, especially in emerging regions of Asia-Pacific and Latin America. .
Certain market factors are hampering the growth of this industry. Lack of awareness of the different forms of labeling should reduce the demand for labeling. Manufacturers in this market are facing significant challenges in terms of different environmental mandates in terms of printing on labels in different regions and increasing raw material costs.
The main market players are:
Fuji Seal International (Japan), Huhtamaki Group (Finland), Coveris Holding (United States), CCL Industries (Canada), Constantia Flexibles GmbH (Austria), Cenveo Inc. (United States) and Multicolor Corporation (United States)
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Other key findings from the report suggest
The in-mold label market is expected to grow from $ 3.25 billion in 2020 to $ 4.34 billion by 2028, with a CAGR of 3.7%. Due to the innovative developments in the industrial sector, the growth of the food and beverage industry and the increasing demand for environmentally friendly and high performance labels, the in-mold label market is growing.
Polypropylene held the largest market share by volume and value on a material basis in 2020 with a CAGR of 5.67%. Due to its effective moisture resistance 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 the 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 have a three-dimensional effect on various products such as food and beverage, cosmetics, and auto 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 facilitates the molding of different types of polymers on a wide range of porous and non-porous surfaces. .
In 2020, the food and beverage segment accounted for the largest market share and is expected to maintain its dominance during the forecast period. This growth is due to increased consumer awareness of packaged food trends and increased consumption of bottled containers and packaging.
North America is expected to grow at the highest rate between 2019 and 2028 at a CAGR of 8.21%, due to the presence of key market players and changing government policies on sustainable labels, which affected the performance of the in-mold label market. .
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Segments covered in the report:
This report forecasts revenue growth at the global, regional, and country level, and provides analysis of industry trends in each of the sub-segments from 2016 to 2028. For the purpose of this study, reports and data segmented the market on the basis of type, application type, deployment, industry, organization and region:
Product (Revenue, Million USD; 2020-2028)
Technology (Revenue, USD Million; 2020-2028)
Extrusion blow molding process
Injection molding process
End User (Revenue, USD Million; 2020-2028)
Durable consumer goods
food and drinks
Medical and laboratory
Printing Technologies (Revenue, USD Million; 2020-2028)
Printing Inks (Revenue, USD Million; 2020-2028)
UV curable inks
Thermal drying inks
Water soluble inks
High Melt Resistance Inks
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Key questions addressed in this research study:
What is the world production, the production value and the consumption value?
Who are the main global manufacturers in the market? How are their operating situation?
What are the types and applications of the market?
What are the upstream raw materials and manufacturing equipment?
What will the market size and growth rate be in 2028?
What are the key factors driving the market?
What are the main market trends impacting the growth of the market?
What are the challenges of market growth?
What are the market opportunities and threats faced by the vendors in the market?
Chapter 1. Market synopsis
1.1. Market definition
1.2. Scope and premise of the research
1.4. Market estimation technique
Chapter 2. Executive summary
2.1. Summary overview, 2020-2028
Chapter 3. Indicative measures
3.1. Macro indicators
3.1.1. Global use of the In-Mold label
3.1.2. Overall use of in-mold labels by solution
Chapter 4. In-Mold Labels Market Segmentation and Impact Analysis
4.1. In-mold label segmentation analysis
4.2. Industrial outlook
4.3. Regulatory framework
4.4. In-Mold Label Market Impact Analysis
4.4.1. Market driver analysis
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