In-mold Labeling Market

In-mold Labeling Market - Global Industry Insights,
Trends, Outlook, and Opportunity Analysis, 2017-2025
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. As the packaging and labeling are prepared using the same material, the
package is fully recyclable. Due to the lightweight of films and ability to be
stacked tightly, it results in decreased delivery discharges, less wasted space,
and a much smaller transportation footprint. IML have lesser risk of break waste
and is safer than glass and metals. In-mold labeling is gaining popularity, as it is
increasingly used as a front-line marketing and branding tool for consumer
goods.
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Asia Pacific is expected to be the fastest growing market over the forecast
period (2018-2025) in the global in-mold market. Asia Pacific in-mold label
market is expected to exhibit a CAGR of 5.63% during the forecast period, due
to high demand for in-mold labels from end-use industries in the region
especially in China and India that account for the highest population, globally.
With a population of 1.3 billion, China has surpassed the U.S. as the world’s
largest consumer of food and beverages. According to the China-Britain
Business Council (CBCC), the food industry in China had overall turnover of
US$ 514 Bn in 2014. According to the India Brand Equity Foundation (IBEF),
the food processing industry in India was valued at US$ 258 Bn in 2015. These
factors are expected to propel the growth of the in-mold label market in Asia
Pacific.
Manufacturers are focusing on various organic and inorganic strategies, to
strengthen their position in the global in-mold label market. For instance, CCL
Industries Inc. acquired Treofan for US$ 255 Mn, in 2018 thus, strengthening
their position in the global in mold market. Some of the major players operating
in global in-mold label market include Avery Dennison, CCL Industries,
Constantia Flexibles, Jindal Films Americas LLC, Coveris, EVCO Plastics, and
Inland labels
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The research report on in-mold label market segments the global market by process (Injection Molding, Extrusion Blow Molding and Thermoforming), by material (Polypropylene, Polyethylene, ABS Resins Polyvinyl Chloride and Others), by ink type (UV Curable Inks, Water Soluble Inks, Thermal-cure Inks, and Others) by end-use industry (Personal Care, Automotive, Food and Beverages, Healthcare, Chemicals, and Others), and by geography

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