The global in-mold label market is estimated to be valued at USD 4.73 Bn in 2024 and is expected to reach USD 7.16 Bn by 2031, growing at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2023/2024: |
US$ 4.73 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2023/2024 to 2030/2031 CAGR: |
6.10% |
2030/2031 Value Projection: |
US$ 7.16 Bn |
In-mold Label Market Share (%), By Region, 2024
The global in-mold label market has witnessed substantial growth in the past few years owing to the increasing demand for in-mold label from end-use industries such as food, beverages, pharmaceutical, personal care, and automotive. In-mold labels are labels that are molded onto plastic bottles or containers during the blow-molding or injection-molding process. These labels become a permanent part of the package and provide various advantages compared to pressure-sensitive labels such as durability, resistance to moisture, chemicals, abrasion, and improved aesthetics. Rise in the consumption of packaged food and beverages along with growing environmental concerns favoring sustainable labeling solutions is primarily driving the demand for in-mold labels globally.
Market Dynamics:
Rising consumption of packaged consumer goods along with growing environmental awareness are some of the key factors driving the growth of the global in-mold label market. Increasing preferences for durable and sustainable labeling solutions compared to traditional pressure-sensitive labels is further augmenting the demand for in-mold labels. However, high tooling and design costs associated with in-mold label technology and availability of substitutes are restraining the growth of the market. On the other hand, growing emphasis on sustainable and recyclable packaging presents significant growth opportunities for players operating in the global in-mold label market during the forecast period.
Key Features of the Study:
- This report provides an in-depth analysis of the global in-mold label market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global in-mold label market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Avery Dennison, CCL Industries, Constantia Flexibles, Jindal Films Americas LLC, Coveris, EVCO Plastics, Inland labels, Huhtamaki Group , Cenveo, Inc, Letra Graphix, Vintech Polymers, Paproindia, Cosmo Films, Xiang-In, and Zhejiang Zhongyu Science And Technology Co.,Ltd
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global in-mold label market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global in-mold label market
Market Segmentation
- By Production Process:
- Injection Molding
- Extrusion Blow Molding
- Thermoforming
- Others
- By Material:
- Polypropylene
- Polyethylene
- ABS Resins
- Polyvinyl Chloride
- By Printing Technology:
- Flexographic Printing
- Offset Printing
- Gravure Printing
- Digital Printing
- Others
- By Ink Type:
- UV Curable Inks
- Water Soluble Inks
- Thermal-cure Inks
- Others
- By Application:
- Personal Care
- Automotive
- Food and Beverages
- Healthcare
- Chemicals
- Others
- By Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Avery Dennison
- CCL Industries
- Constantia Flexibles
- Jindal Films Americas LLC
- Coveris
- EVCO Plastics
- Inland labels
- Huhtamaki Group
- Cenveo, Inc
- Letra Graphix
- Vintech Polymers
- Paproindia
- Cosmo Films
- Xiang-In
- Zhejiang Zhongyu Science And Technology Co.,Ltd