In-Mold Labels Market Information by Technology (Extrusion blow-molding process, Injection molding process, Thermoforming), Material (Polypropylene, Polyvinylchloride, ABS resins), Application (Food & Beverage, Chemicals, Personal Care, Consumer goods) - Global Forecast to 2030

In-Mold Labels Market Overview

The In-Mold Labels Market is witnessing rapid growth owing to the rise in the need for decorative and durable labels in the modern packaging industry. The Global In-Mold Labels Market share was valued at USD 3.18 billion in 2020. The better quality of in-mold labels over other labeling products makes them a preferable choice in the market. 

In in-mold labeling, the preprinted labels are thermally attached to plastic containers during the molding process. This technique enhances the durability of labels and gives a label look to the container. Moreover, these labels also offer a wide range of print colors, textures, and effects. Furthermore, they are scratch-resistant, moisture resistant, and thermally stable. The Global In-Mold Labels Market is estimated to grow USD 3,364.10 million at a Compound Annual Growth Rate ( CAGR ) of 4.50% over the forecast 2021-2030.

Packaging and the overall appearance of a product are vital factors affecting the product's demand in the market. In-mold labels give the option of 360 ° print on the packages. It can also be placed on containers of varying shapes and forms. As packaging and labeling plastic fuse together during in-mold labeling, it ensures the recyclability of the packaging plastic. Therefore, the demand for these labels is rising significantly. The global In-Mold labels Market value is estimated to be worth USD 4.3 billion by the end of the current forecast period in 2028. 

Covid 19 Analysis

Covid-19 had a negative impact on the global In-Mold Labels Market. The halt in industrial production, as well as the fall in demand for consumer goods, affected the market badly. Restrictions in travel and movement of goods affected the supply chain causing irregularities in the market. Moreover, the decline in income of people over the period led to less demand for packaged goods thereby, indirectly decreasing the demand for in-mold labels. 

Competitive Landscape

The major global companies playing a key role in the In-mold labels market are :

• CCL Industries, Inc. (Canada)


• Constantia Flexibles Group GmbH (Austria)


• Huhtamaki Group (Finland)


• Coveris Holdings S.A. (Luxembourg)


• Cenveo Inc. (U.S.)


• Fuji Seal International, Inc. (Japan)


• Multicolor Corporation (U.S.)


• EVCO Plastics (U.S.)


• Innovia Films Ltd. (U.K),


• Inland Label and Marketing Services, LLC (U.S.)


• Mepco Label Systems (U.S.)


• Avery Dennison Corporation (U.S.)


• Century Label, Inc. (U.S.)


• Allen Plastic (Taiwan)


• Ameri-Seal Inc. (U.S.)

Market Dynamics

Drivers

The rising demand for high-quality and cost-effective labels from different end-user industries like food & beverage, cosmetics, and pharmaceutical industries are driving the growth of the global in-mold labels market. Decorative packaging & labeling has become an essential factor in the establishment of brand impression in the market nowadays. Therefore, the In-mold label being the most popular choice is witnessing a rapid surge in the demand.

The favorable properties of in-mold labels such as 360° printing ability, 3D printing, better color, and texture increase its demand. Additionally, these labels are durable, moisture-resistant, abrasion-resistant, and more resistant to temperature changes. Therefore in-mold labels are suitable for the needs of different industries.

Moreover, in-mold labeling is also an environment-friendly technique as it enables recycling of the complete plastic containers. Furthermore, increasing automation and digitalization in the label printing process and technology is also propelling the growth of the In-Mold Labels Market.

Restraints

The high cost of tooling and robot systems used for in-mold labeling is the major factor hindering the growth of the global in-mold labels market. Moreover, these systems require long runs so it becomes expensive for small batches requiring shorter runs. Furthermore, these machines also have a high defect rate which decreases the demand for in-mold labels. 

Technology Analysis

In-mold labels are pre-printed polypropylene stickers creatively designed to give information about the product.  It fuses with plastic containers during the thermal molding process.  This method of placing decorative labels on plastic goods by thermal molding is known as in-mold labeling. It ensures the durability of the label and enhances the aesthetic value of the container with its wide options of colors and designs.

In-mold labels provide advantages of better print quality with the ability to have more colors, 3D effects, and textures. This ensures better branding of the products.  Moreover, In-mold Labels (IMLs) are durable, scratch-resistant, and environment friendly as they can be recycled along with the plastic container. Furthermore, these labels are temperature stable and humidity resistant, which makes them suitable for storing frozen products too.

Study Objectives

The specific objectives of this market report are given below:

• To provide a complete overview of the In-mold labels market.


• To analyze and forecast the In-mold labels market in terms of value and volume.


• To provide information about the impact of covid 19 on the In-Mold labels market.


• To identify the problems and prospects of the In-mold labels market


• To give details about the technological viability of the product and its market prospects.


• To provide an overview of the regional market and potentially growing segments.


• To identify the key players of the In-Mold labels industry.

 

Segment Analysis

Segmentation of the In-Mold labels market, by process

• Extrusion blow-molding process


• Injection molding process


• Thermoforming


• Others

The injection molding process occupies the largest market share. It is an efficient production technique that has a high production rate. The injection molding process offers flexibility in the choice of material and color. Moreover, it requires less labor cost due to complete automation of the production process. Furthermore, it also reduces resource wastage and therefore has become the preferred manufacturing process.  

Segmentation of the In-Mold labels market, by material

• Polypropylene


• Polyvinyl Chloride


• ABS resins


• Others

Polypropylene plastic dominates the material segmentation of the In-Mold Labels Market. Polypropylene is an inexpensive material having better abrasion resistance properties. Moreover, it is moisture resistant and also resistant to chemicals and acid damage. Therefore, these properties make polypropylene the most favorable base material for in-mold labeling.

Segmentation of the In-Mold labels market, by application

• Food & beverage


• Chemicals


• Personal care


• Consumer goods


• Others

The food and beverage industry accounts for a major portion of the demand for in-mold labels. Packaging is a vital action in the marketing of these products and the use of in-mold labels makes packaging labels attractive and insightful. 

Regional Analysis

The different regional markets for the global In-mold labels market are:

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  • Mexico
  
  
  
  

• Europe
  
  
  
  • UK
  
  
  • Germany
  
  
  • France
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  

• Asia-Pacific
  
  
  
  • China
  
  
  • India
  
  
  • Japan
  
  
  • Australia & New Zealand
  
  
  • Rest of Asia-Pacific
  
  
  
  

• Rest of the world ( RoW )
  
  
  
  • South America
  
  
  • The Middle East
  
  
  •  
  
  
  
  

Europe is the leading regional segment of the global mold labeling market. The high demand for in-mold labels from the food and beverage, cosmetic, and consumer goods industry is driving the market growth in this region. Moreover, high disposable income allows people to spend money on effective packaging thereby increasing the demand for in-mold labels. 

The North American market is the fastest-growing segment. The Greater presence of high-end manufacturing industries sustains the market growth in this region.

Asia-Pacific is also one of the fastest-growing markets. With rapid industrialization and increasing disposable income of people, the In-Mold labels market is expected to grow significantly over the forecast period. The Rest of The World  (ROW) segment is expected to grow moderately over the forecast period. 

Recent Developments

• In January 2020, Better Online Solutions Ltd. (BOS), An Israeli global supplier of Robotics Supply Chain solutions received an order from a Brazilian plastic manufacturer for a robotic system of In-Mold Labeling (IML) for injection molding products.


• In September 2019, Cosmo Films, a global BOPP film specialist, launched new synthetic papers. It is highly tears resistant and is printable on both sides by UV offset, water and UV flexo, and thermal transfer printing processes.

Intended Audience

This report will be beneficial for every stakeholder of the In-mold labels market such as :

• Manufacturers of in-mold labels


• Research and development organizations


• Potential Investors


• Plastic Products Manufacturers


• Packaging Industry Experts

Report Overview

This report provides an in-depth analysis of the In-mold labels market in terms of current value and future forecast. This report also highlights the problems and prospects of the in-mold label market. Moreover, the technological analysis section of the report will greatly help in knowing the product and its market prospects.

Furthermore, this report contains a detailed analysis of every segment of the given market for the current forecast period. This report has also identified the key players and the current developments in the In-mold labels market. 

Report Scope:

Report Attribute/Metric	Details
Market Size	USD 3,364.10 million
CAGR	4.50% 2030
Base Year	2021
Forecast Period	2021-2030
Historical Data	2019 & 2020
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Technology, Material, Application
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	CCL Industries, Inc. (Canada), Constantia Flexibles Group GmbH (Austria), Huhtamaki Group (Finland), Coveris Holdings S.A. (Luxembourg), Cenveo Inc. (U.S.), Fuji Seal International, Inc. (Japan), Multicolor Corporation (U.S.), EVCO Plastics (U.S.), Innovia Films Ltd. (U.K), Inland Label and Marketing Services, LLC (U.S.), Mepco Label Systems (U.S.), Avery Dennison Corporation (U.S.), Century Label , Inc. (U.S.), Allen Plastic (Taiwan), and Ameri-Seal Inc. (U.S.)
Key Market Opportunities	Injection molding process Extrusion blow-molding process
Key Market Drivers	Process of producing high-quality in-mold labels at a comparatively low price 360-degree graphics on entire container

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