In-Mold Labels Market Key Drivers, Size, Share, Trends, Growth And Future Scope - Forecast To 2022
In-Mold Labels Market – Overview
Market Research Future (MRFR) reveals in a study of in-mold labels that a notable rise will be experienced by the market in the coming years. More specifically, the study predicts a CAGR of 10.35% to be attained by the global market over the forecast period between 2017 and 2023.
In-mold labels hold its application across various end-users, including cosmetic, petrochemical, pharmaceutical, household, cosmetic containers, and paint. Its wide applicability is driving immense demand towards the global market. Additionally, the automated nature of the process is a major driver of the global in-mold label market.
Regional Analysis
Geographically, the global In-Mold Labels Market has been divided into North America, Europe, Asia Pacific and Rest of the World. European region accounted for the largest share in terms of both value and volume followed by North America and Asia Pacific with APAC being the fastest growing market. The share is attributed to the flourishing food & beverages industries in the region. Furthermore, the demand is also augmented by the increased consumption of cosmetics, mark-up products, skin care products, etc. APAC is expected to show similar results with its fastest growing market by the end of the forecasted period.
Key Players
The key players in global 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), and Ameri-Seal Inc. (U.S.)
Industry News
In November, 2017 – Constantia Flexibles to expand production capacity at Austrian pharma plant. Constantia Flexibles Group will invest a double-digit million euro amount in the expansion of production capacity at its manufacturing site for pharmaceutical packaging, Constantia Patz, in Austria. The company will install one double-sided lacquering machine for foils and laminates, as well as one slitting machine operating in a new class 8 cleanroom.
Access Full Report With Complete TOC @ https://www.marketresearchfuture.com/reports/in-mold-labels-market-1790
About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.