Press release
Increasing investments &acquisitions, positive impact of Covid-19 and growing demand for sheet fed labelling had driven Global, Middle East & KSA In-mold labelling Market: Ken Research
Focus On Growing Investments and Increasing Use of In-Mold Labeling in Various Industries Are Major Factor Contributing Towards Development of In-Mold Labeling Market in Middle East & KSA.Increasing investments & acquisitions: Major investments in the In-mold label market has fueled the growth over the past few years. For instance, investments of USD ~ 2.75 Mn in sheet fed offset printing in middle east led by Al Ghurair printing in Heidelberg XL106 - 10P+L(X4) IML machine and printing technology installation. Another prominent player Al Jawad has also increased its sheet fed offset IML printing capability to 4 machines with the installation of KBA Rapida 106 printing machine to go along with 3 older sheet fed presses.
Positive impact of Covid-19: With the rise of e-commerce and changes in the consumer shopping habits due to lockdown, the demand for packaged goods has skyrocketed. This, in turn, has led to an increase in demand for in-mold labeling solutions, as manufacturers seek to differentiate their products and improve the overall packaging experience for consumers. Furthermore, the pandemic has also accelerated the demand for pharmaceutical products in-mold labeling as it provides a tamper-resistant labeling solutions and prevent counterfeiting which also helps to improve patient safety.
Advantages of Sheet fed labeling: Sheet fed In-mold labeling provides high resolution colors & images for labels as it is compatible with a wide range of colors and can be displayed on both sides of the package. Sheet fed IML is a powerful platform for enhancing graphic effects, enabling business owners the flexibility to respond to creative design ideas using flat, curved, or 3D-formed graphics giving the in-mold container, a clean, smooth, integrated & unlabeled look as opposed to PML, it can also withstand both humid environments & extreme temperature fluctuations (freezing/ cooling conditions). Furthermore, for mass production, Sheet fed IML containers take less time to manufacture because it is produced and decorated in one step to form a single product thus reducing the post labelling operational cost.
Analysts at Ken Research in their latest publication "Globally, Middle East & KSA In-mold Labeling Market Outlook to 2027F - Driven majorly by increasing inclination towards aesthetically appealing no-label look, environmental sustainability, & cost-effectiveness" by Ken Research observed that Global, Middle East & KSA In-mold labeling market is in the growing phase, growing at CAGR of 7% for KSA & Middle East market and Globally 2% between 2019-2022 owning to the increasing investments, positive impact of covid-19, growing demand for sheet fed labels, inclination towards attractive packaging and high product security. It is expected that Global, Middle East & KSA In-mold market will continue to grow, at a CAGR of ~5%, ~12%, ~8% respectively for the 2022-2027F forecasted period.
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Key Segments Covered
Global In-Mold Labelling Market:
By Print Technology, 2022 & 2027F:
Offset Lithography
Flexography
Roto Gravure
Screen Letterpress
Inkjet
By End-User, 2022 & 2027F:
Food and Beverages
Household Care
Cosmetic
Industrial
Healthcare
Others
By Geography, 2022 & 2027F:
Europe
Asia Pacific
North Americans
Middle East
Others
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Middle East & KSA In-Mold Labelling Market:
By Print Technology, 2022 & 2027F:
Offset Lithography
Flexography
Roto Gravure
Screen Letterpress
Inkjet
By End-User, 2022 & 2027F:
Food and Beverages
Household Care
Cosmetic
Industrial
Healthcare
Key Target Audience
Plastic Product Manufacturer
Medical Device Manufacturer
Electrical and electronics industry players
Packaging Companies
Automotive Companies
Durable Goods Manufacturer
Related Government Agencies
New Entrants
Time Period Captured in the Report:
Historical Period: 2019-2021
Base Year: 2022
Forecast Period: 2023 - 2027F
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Companies Covered:
Korsini Packaging
Al Ghurair
Al Jawad Plastic & Flexible Factory
Safeer Pac
Al Marai
Al Safi Danone
Halwani Bros.
Oasis Ameron
Jazeera Paint
Clorox Abudawood
Knooz Al-Ardh
SIDCO
Wafir
Key Topics Covered in the Report:
Value Chain for IML Market
Global IML Market Size
Overview of Middle-East & KSA IML Market
SWOT Analysis of Sheet fed IML Market
Porter's five forces analysis of Sheet fed IML Market
Trends & Development of Sheet fed IML Market
Issues & Challenges of Sheet fed IML Market
Growth Drivers of Sheet fed IML Market
Advantages of Sheet fed IML Market
Comparison of Sheet Fed Label Printing over Web Press Printing
Covid-19 Impact on Sheet fed IML Market
Cross Comparison of Major Players in Sheet fed IML market (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).
Analyst Recommendations
For More Insights On Market Intelligence, Refer To The Link Below: -
https://www.kenresearch.com/industry-reports/ksa-inmolds-label-market
Related Reports by ken Research: -
https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/in-mold-labelling/438055-97.html
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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.
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