Published by Coherent Market Insights
Posted on October 11, 2021
The market for in-mold labels is projected to grow from USD 2.58 Billion in 2015 to reach USD 3.23 Billion by 2020, at a CAGR of 4.54%.
In-mold labels (IML) are used for labeling or decoration of an object, while it is formed in the mold. Integration of decoration process and molding process cuts total production cost, however, increases manufacturing time. In-mold labels are designed to provide flexibility and lower production costs over conventional post-molding labels and decorating technologies. IML uses a variety of colors, special effects, and textures. IML are durable and aesthetically appealing. In-mold labeling and decorating is completed using plastic injection molded process, and the films do not undergo any secondary procedures, thus excluding post-molding labeling, labor cost required for decorating, equipment costs, and time.
Coherent Market Insights have included a latest addition of global market research report titled In-mold Label Market to its expansive repository. The report studies primary and secondary research in order to analyze the data effectively.
Top Key Players in In-mold Label market: Avery Dennison, CCL Industries, Constantia Flexibles, Coveris, EVCO Plastics, and Inland labels.
The scope of the Report:
The report segments the global In-mold Label Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global In-mold Label Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
Key Trends and Analysis of In-mold Label Market:
Among end-use industries, the food and beverages segment held the dominant position in 2017 and is expected to retain its dominance during the forecast period. Growing food & beverage industry also provides an opportunity to market players for growth, especially in the emerging economies in Asia Pacific and Latin American regions. For instance According to the Chinese Ministry of Commerce, food and beverages retail sales increased by 15% in 2015 from the previous year which in turn is expected to drive the in-mold label market as packaging plays an important role in the food and beverages industry as it protects food products from external factors such as heat, sunlight, and dust. Apart from this, the quality of packaging also plays a fundamental role in preservation of the products. IML offers better durability and reduces costs, and it is recyclable, which is a major factor for its high demand for this industry.
Key Takeaways of the Market:
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post In-mold Label market Opportunity Analysis And Industry Forecast Up To 2027 appeared first on Gatorledger.
The market for in-mold labels is projected to grow from USD 2.58 Billion in 2015 to reach USD 3.23 Billion by 2020, at a CAGR of 4.54%.
In-mold labels (IML) are used for labeling or decoration of an object, while it is formed in the mold. Integration of decoration process and molding process cuts total production cost, however, increases manufacturing time. In-mold labels are designed to provide flexibility and lower production costs over conventional post-molding labels and decorating technologies. IML uses a variety of colors, special effects, and textures. IML are durable and aesthetically appealing. In-mold labeling and decorating is completed using plastic injection molded process, and the films do not undergo any secondary procedures, thus excluding post-molding labeling, labor cost required for decorating, equipment costs, and time.
Coherent Market Insights have included a latest addition of global market research report titled In-mold Label Market to its expansive repository. The report studies primary and secondary research in order to analyze the data effectively.
Top Key Players in In-mold Label market: Avery Dennison, CCL Industries, Constantia Flexibles, Coveris, EVCO Plastics, and Inland labels.
The scope of the Report:
The report segments the global In-mold Label Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global In-mold Label Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
Key Trends and Analysis of In-mold Label Market:
Among end-use industries, the food and beverages segment held the dominant position in 2017 and is expected to retain its dominance during the forecast period. Growing food & beverage industry also provides an opportunity to market players for growth, especially in the emerging economies in Asia Pacific and Latin American regions. For instance According to the Chinese Ministry of Commerce, food and beverages retail sales increased by 15% in 2015 from the previous year which in turn is expected to drive the in-mold label market as packaging plays an important role in the food and beverages industry as it protects food products from external factors such as heat, sunlight, and dust. Apart from this, the quality of packaging also plays a fundamental role in preservation of the products. IML offers better durability and reduces costs, and it is recyclable, which is a major factor for its high demand for this industry.
Key Takeaways of the Market:
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post In-mold Label market Opportunity Analysis And Industry Forecast Up To 2027 appeared first on Gatorledger.
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