The Global In-Mold Labels Market is expected to be valued at USD 4.15 Billion in 2027 from USD 3.07 Billion in 2019, registering a CAGR of 3.7% through the forecast period. In-mold labeling refers to an automated packaging system that labels products like bottles and containers right during their manufacturing process. This labeling technique eliminates the need for post-production labeling, and it offers various benefits, such as optimum print quality, high resolution, resistance to scratches and wrinkles, transparency, moldability, and maximum recyclability. The primary applications of in-mold labels include household products like containers and bottles, pharmaceutical products, paints, petrochemicals, and cosmetic & personal care products. In-mold labeling provides a superior barrier against heat, high temperatures, corrosion, and scratches, thereby extending the shelf life of packaged food products and photo-sensitive drugs. Hence, revenue from the global in-mold labels market is projected to register a significantly high growth rate over the estimated timeframe. The most vital parameters contributing to the market growth include the rising industrial applications of in-mold labels, increasing demand for high-performance and environment-friendly labels, and the extensive usage across the food & beverage, pharmaceutical, consumer durables, automotive, and personal care industries.
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Key findings of the report:
- Based on the product type, the polypropylene sub-segment, which accounted for the largest market share in 2019, is estimated to lead the global in-mold labels market in the coming years, at a significant 5.67% CAGR. Polypropylene in-mold labels are extensively employed to label a wide array of consumer and industrial products, owing to their effective moisture-resistant properties. Barcode labels and retail labels are two of the common examples.
- The injection molding technology sub-segment is projected to dominate the global in-mold labels market in terms of revenue over the forecast timeline. The injection molding technique finds significant industrial applications, such as food & beverages, automotive parts, and cosmetic products, due to its superior three-dimensional effects.
- Based on the printing technology, the digital printing sub-segment has emerged as the leading market segment, accounting for the largest revenue share. Digital printing is the most viable technique for small-volume labels. This printing technique offers high-quality printing and incurs low setup costs.
- Of the key regional markets, the North America in-mold labels market is poised to emerge as the leading regional market over the forecast era, displaying a profound CAGR of 8.21%. The escalating consumer demand for aesthetically appealing product packaging and labeling, a boom in the packaging industry, increasing applications of in-mold labels in the manufacturing sector, and government regulations mandating the use of sustainable labels have spurred the market growth in this region.
- The leading players in the global in-mold labels market include Multicolor Corporation (U.S.), Coveris Holding (U.S.), Cenveo Inc. (U.S.), Huhtamaki Group (Finland), CCL Industries (Canada), Fuji Seal International (Japan), and Constantia Flexibles GmbH (Austria).
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For the purpose of this study, the global in-mold labels market has been segmented on the basis of product type, technology, printing technology, printing ink type, end-use industry, and region:
By Product Type (Revenue, USD Million; 2017-2027)
- Polypropylene
- Polyvinyl chloride
- Polyvinylidene Chloride
- Polyethylene
- Polyethylene Terephthalate
- Polycarbonate
- ABS resins
- Synthetic Papers
- Others
By Technology (Revenue, USD Million; 2017-2027)
- Extrusion blow-molding process
- Injection molding process
By Printing Technology (Revenue, USD Million; 2017-2027)
- Digital Printing
- Flexographic Printing
- Gravure Printing
- Offset Printing
- Others
By Printing Ink Type (Revenue, USD Million; 2017-2027)
- UV Curable Inks
- Water-Soluble Inks
- Thermal Cured Inks
- High Melt-resistant Inks
- Thermoforming
- Others
By End-use Industry (Revenue, USD Million; 2017-2027)
- Automotive
- Consumer Durables
- Food & Beverage
- Personal Care
- Pharmaceutical
- Paints & Coatings
- Others
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By Region (Revenue, USD Million; 2017-2027)
North America
• U.S.
• Canada
Europe
• Germany
• U.K.
• France
• BENELUX
• Rest of Europe
Asia Pacific
• China
• Japan
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Rest of Latin America
Middle East & Africa
• Saudi Arabia
• U.A.E.
• Rest of Middle East & Africa
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