The global in-mold label market size is calculated at USD 1,138 million in 2024 and is predicted to attain around USD 1,515 million by 2034, expanding at a CAGR of 2.9% from 2024 to 2034.
The in mold label market is an integral branch of the chemicals and materials industry. This industry deals in manufacturing and distribution of pre-printed labels that are used in molding process for creating fully printed parts. These labels are manufactured using several materials such as polyethylene, polypropylene , polyvinyl chloride, acrylonitrile butadiene styrene and some others. There are various technologies incorporated for mold labelling consisting of thermoforming, injection molding process, extrusion blow molding process and some others. The rising demand for attractive packaging solutions has boosted the market growth. This market is expected to rise significantly with the growth of the packaging industry due to the massive expansion in e-commerce markets across the world.
The increased focus on sustainable packaging solutions along with rising emphasis on product branding has boosted the market growth. Also, the advancements in gravure printing and offset printing coupled with rise in number of research and development activities related to UV curable inks is playing a crucial role in shaping the industrial landscape. Moreover, the growing demand for these labels from several end-user industries such as personal care, food and beverage, automotive, healthcare and some others is expected to proliferate the growth of the in mold label market. The advancements in 3D printing technology along with ongoing popularity of flexographic printing is expected to create ample growth opportunities for the market players in the upcoming years.
Published by Vidyesh Swar
