According to the research report titled ‘In-Mold Labels Market Size, Share and Industry Analysis Report by Material (Polypropylene, Polyethylene, Acrylonitrile Butadiene Styrene, Polyvinyl Chloride), Printing Technology (Flexographic, Offset, Gravure, Digital), By Technology (Injection Molding, Blow Molding, Thermoforming) and End-user (Food & Beverage, Consumer Durable, Home & Personal Care, Automotive), Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027,’ available with MarketStudyReport, global in-mold labels market is expected to accrue notable gains during 2021-2027.

Increasing application in home appliances and personal care sectors, soaring demand from food & beverage industry, and deep product penetration in the consumer durables vertical are growth stimulants of global in-mold labels market.

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For those uninitiated, in-mold labeling is an operational procedure that syncs the process of plastic packaging with labeling at the time of manufacturing products.

However, easy availability of substitute labeling products is estimated to hamper the progress of the business landscape during the review period.

In terms of material, the PVC vertical is likely to register a y-o-y growth rate of 7.1% during the projected timeframe.

Based on technology ambit, the thermoforming segment of worldwide in-mold labels industry is slated to deliver a 3.9% CAGR during the analysis period.

With respect to printing technology, the gravure subdivision is estimated to showcase a substantial growth rate of 7% in the forthcoming years.

Concerning the end-user perspective, the automotive vertical accounted for a remarkable valuation in the year 2020 and is anticipated to witness a 6.4% CAGR during the stipulated timeline, attributed to the soaring product demand, particularly from the developing nations. 

Regarding the regional terrain, Latin America market is poised to grow at 7.9% CAGR over the assessment timeline, owing to the proliferation of consumer durables, along with the rising demand for personal care products across the region. 

Whereas Middle East & Africa market is speculated to expand at 8% CAGR during the study period. 

The renowned players in global in-mold labels market include Weishida Printing Co. Ltd., Heidelberger Druckmaschinen AG, Monroe Mold LLC, Huhtamaki Oyj, S.A Packaging Inc., Constantia Flexibles, Xiang-In Enterprise Co. Ltd., Mold Tek Group, Smyth Companies LLC, ACTEGA, Cosmofilms Ltd., CCL Industries Inc., Papro Industries LLP, Multicolor Corporation, and Vintech Polymers Pvt. Ltd. among others.