Bizizz Market Research has recently published a research report, “In-Mold Labels Market By Process Type (Blow Molding, Injection Molding and Thermoforming), Materials (PP, PET, PS, PE, Barrier, Paper and Others), Printing material (Gravure, Flexo, Offset, Screen, Digital and Others) End-users (Food, Beverages, Pharma, Domestic Care, Cosmetics & Personal Care and Others), Component, and Region-Global Industry Trends, Estimation & Forecast, 2019 – 2027”.
As per the report, Global In-Mold Labels Market was valued at US$ XX Bn in 2018 and it is anticipated to reach at market value of US$ 5.1 Bn by 2027, witnessing a CAGR of 4.1 % during the forecast period. Key drivers of the market are lower prices along with the advanced features such as water proof and transparent etc. are contributing to its market demand.
The global market of in-mold labels market is stimulated because of the advanced features associated with it including digital printing and water proof technology. An increase in the demand of these in-mold labels is by the lower cost of printing associated with it encouraging the various industries to adopt it for its advanced benefits. Moreover, an attractive packaging of in-mold labels is anticipated to be propelling its market demand in the global market.
The In-Mold Labels market is anticipated to register a CAGR of over 4.1% during the forecast period.
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By Material, Polypropylene segment held a key share in Global In-Mold Labels Market in 2018.
The significance of polypropylene is higher in the in-mold labels market that is highly resistible to the moisture and have crucial functionality in the labels. The contribution of the Polypropylene in the market is higher in demand as a plastic component especially in the plastic packaging and labels. Versatility in the application of the polypropylene materials are plunging its market demand that shall continue during the forecast period.
Europe is Anticipated to Dominate the Global In-Mold Labels Market during the Forecast Period.
The market of Europe for in-mold is high that is high in demand especially by the packaging industry to cater their offering for various industrial end-users. The European market is increasing in its financial stability that shall improve the market of in-mold labels in the Europe market.
The companies that are offering in-Mold Labels are contributing to the packaging market by the technological advancements are competing in the market. The organizations are also practicing research and development activities that shall cater to the market demand as per the requirement of the end-users.
Prominent players operating in the Global In-Mold Labels Market are: Avery Dennison Corp., Century Label, Allen Plastic, Holostik India Ltd., Ameri Seal, Color Craft Label Company, Fort Dearborn, CCL Industries Inc, Gilbreth, Color Flex, Bemis Company Inc, Mepco, Classic Label, Bothra Industries, Label World, Mcc Label, Ameet Metaplast, Consolidated Label, and Axon, Wepackit, Karlville Development, LLC, Sovereign Labeling System, Hammer Packaging, Dow Chemical Company, Anchor Packaging, Printpack, Edwards Label, Shrink Sleeve Labels, MRI Packaging, Smyth Companies, MPI Label System, Sleever International, PDC International, SleevCo, Packology, Sleeve Cover, among others.
Impact of COVID-19 on Economy, Industry and Company
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.
At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.
Areas at which Bizizz Market Research would help decision makers are:
a) Insights on current demand & supply gap analysis
b) Impact on value chain and supply chain and strategies adopted to off set its impact
c) Impact on Industry / company revenue and predictive intelligence on forecast sales
d) In-depth analysis on market segmentation – both value and volume analysis
e) Market assessment, regional
and country attractiveness, competitive benchmarking
and entry strategy
f) Prioritizing strategies and
how it would impact company’s short to long-term business
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