PUBLISHER: Ken Research Private Limited | PRODUCT CODE: 1257304
PUBLISHER: Ken Research Private Limited | PRODUCT CODE: 1257304
The report provides a comprehensive analysis of the potential of In-mold labeling industry Globally, Middle East & KSA. The report covers an overview and genesis of the industry, market size on the basis of revenue. Its market segmentations includes: by print technology, by end-user, by geography; growth enablers and drivers; challenges and issues; trends and developments; regulatory framework; SWOT analysis, Porter's five forces, industry analysis, competitive landscape including competition scenario (Inception, Office Networks, Service Provided, Headquarter, Product information, Industries Served, Competitive advantage, contact information, parent company, machinery used , certification, office location, pre-printed material used, name of clients, employees, vol sold to moulders, no of printing units , revenue, updated technology) and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
According to Ken Research estimates, the Global, Middle East & KSA In-mold labeling market expanded at a CAGR of ~2%, ~12%, ~7% respectively between 2019 - 2022 on the basis of revenue generated. The market saw rapid growth owning to the increasing investments, positive impact of COVID-19, growing demand for sheet fed labels, inclination towards attractive packaging and high product security. Global, Middle East & KSA In-mold labeling market is estimated to grow at a positive CAGR of ~ 5%, ~12%, ~8% respectively between 2022 and 2027F.
Rising demand in Food & Beverage, Household Care and Cosmetics industry is majorly driving IML market growth because of the high barrier layers of polypropylene which make the in-mold labels appropriate for food & beverage and cosmetic industry as it increases the shelf life of the product.
With rising demand for recyclable label solutions, Sheetfed IML provides industry with huge opportunities to foray into sustainable packaging substitutes
Global, Middle East & KSA In-mold labelling market is in the growing phase. The Sheet fed In-Mold labels market in Middle East & Africa is heavily dominated by Gulf Cooperation mainly comprising of UAE and Saudi Arabia. Furthermore, the In-mold labelling market is currently witnessing new entrants, that are offering innovative and more sustainable products. However, the sheet fed label market in Middle East is largely dominated by a few companies like Al Ghurair Printing & Publishing and Al Jawad, which control majority share of the market, yet in recent years more companies have been coping up and growing themselves such as Safeer Pac and Al Marai.
The Global, Middle East & KSA In-Mold Labelling market is anticipated to grow with the increasing investments and positive impact of COVID-19 over the forecasted period 2022 - 2027F. The Global, Middle East & KSA In-Mold Labelling market revenue is further anticipated to increase to USD ~Bn by 2027F with a CAGR of ~5%, ~12%, ~11% respectively. It is expected that as the demand for sheet fed labels, attractive packaging and product security will rise and will fuel the growth in the Global, Middle East & KSA In-Mold Labelling market.