In Mold Labels Market 2021 Advancement Outlook - Constantia, Multi-Color, Innovia, CCL Industries, Avery Dennison

Global In Mold Labels Market report provides an in-depth analysis of the COVID-19 impact, key player’s strategies, market growth, product demand, growth factors, technological innovations, regional outlook and global dynamics which includes drivers, challenges, and opportunities dominant in the industry. The Market report focus to provide extensive information on industry with market overview, key trends and business plans for In Mold Labels market.

The In Mold Labels Market is expected to register a CAGR of 9% by the end of the forecast period 2021-2026.

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The Top Key Players in the Global In Mold Labels Market are like Constantia, Multi-Color, Innovia, CCL Industries, Avery Dennison, Korsini, Yupo, Huhtamaki Group, Berry, Smyth, Inland Packaging, UPM Raflatac, EVCO Plastics, WS Packaging Group, Vibrant Graphics, Xiang In Enterprise, Shenzhen Kunbei, Shanghai Hyprint, Henrianne and Other.

Industry News:

- March 2019 -Tadbik announced the launch of RAIN RFID In-Mold Label that contains a specially designed antenna with an Impinj Monza R6-P chip that is suitable for Crate manufacturers, Food and Beverage and Automotive manufacturers.

- April 2019 - Mold-Tek Packaging announced the commissioning of its ninth plant in the next 12 months that would allow the company to customers in the northern region of India.

Key Market Trends

Food & Beverage Industry is Expected to Hold the largest Share.

- In-mold labeling is expected to exhibit maximum adoption in the food and beverage industry due to the importance of the aesthetic value of packaging in the food and beverage sector. Packaging helps increase the shelf-life of the products and helps attract potential customers.

- In-mold labels are made of a layer of high barrier materials between two layers of polypropylene. This superior barrier makes in-mold labels suitable for the food and beverage industry as it helps increase the shelf-life of the packaged food, thus reducing food wastage significantly.

- The IML and the containers manufactured through in-mold labeling can withstand ultra-low temperatures; thus, they are useful as Ice cream Containers, Yogurt Container, Butter Containers, a Cheese container, Jam container, and other frozen item Food Containers.

- Significant product developments and innovations made by the companies are expected to boost the market growth in the forecast period. For instance, in August 2019, Silafrica, a packaging supplier to the East Africa region, added a new Injection Compression Molding (ICM) manufacturing capabilities. It provides almost similar benefits of traditional injection molding while maintaining comparable strength and rigidity. Additionally, the packaging can be produced with in-mold labeling.

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Top Line Market Forecast:

Both Regional and Global sectors are included in the Outlook, with special breakouts for the NAM, European, MENA, and Asia-Pacific regions. The data covered is from 2016 to 2020 historically and from 2021 to 2026 forecast, it also includes the impact of Post-Covid-19 both on the short- and long-term prospects of the industry.

Asia-Pacific is Expected to Register Fastest Growth Rate

- In-mold labels are highly customizable, this coupled with the rising disposable income in the hands of the people in the region is expected to boost the demand for innovative, customized and premium labels.
- The companies in the region are expecting a rise in the demand for in-mold labels that are propelling them to either enter the market or expand their production capacities. In February 2018, according to Manjushree Technopack, in-mold labels are expected to see a rise in demand and henceforth has been working with suppliers to customize label applicators for efficient application of in-mold labels.
- Also, In October 2019, according to Label Shimbun, the shrink sleeves and in-mold labels are expected to see growth in the label usage as compared to pressure-sensitive labels. Such instances are indicative of the fact that the market is poised to grow.
- The players in the region in order to cater to the rising trend are increasingly adopting in-mold labeling systems that enable them to achieve such objectives. This is expected to boost market growth in the region over the forecast period.
- In September 2019, Hora Arts Centre installed a Xeikon 3500 digital label press to reach customers just-in-time production lines in the region. The press is capable of printing heat transfer, water transfer, in-mold labels, and continuous length wallpaper materials.
- Also, the players in the market are undergoing an expansion that enables them to gain a stronger market footprint, in turn, fueling the market growth over the forecast period. For instance, In September 2019, Barcom Industries announced that it is aiming to increase its market share by diversifying to printing in-mold labels (IML) that would allow it to cater to several industries including FMCG, liquor, lubricant oil, and many more.

This In Mold Labels Market report addresses:

The Market size from 2016-2020
Expected market growth until 2026
Forecast of how market drivers, restraints, and future opportunities will affect
Segment and regions that will drive or lead market growth and why
Comprehensive mapping of the competitive landscape
In-depth analysis of key sustainability strategies adopted by market place

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- Post Covid-19 Analysis

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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