The market for in-mould label film is predicted to increase at a CAGR of 3.2% over the course of the projected period due to rising demand. Manufacturers are providing in-mould label film solutions, with an initial focus on injection moulding applications, to create new labelling options. It is estimated that it will be valued at US$ 1.56 Bn by 2032, up from US$ 1.14 Bn in 2022. Additionally, they are concentrating on offering their clients a comprehensive film portfolio for both present and future in-mould technologies, taking into account specialised requirements like metallized or barrier films.
Two films covering the two main injection moulding film technologies—solid pigmented white and high yield solutions—were introduced by a certain market participant.
The global In-mould label films market is Anticipated to Expand at a CAGR of ~5.8%, During the Forecast Period.
The global shipment of In-mould label films is expected to reach a thousand tonnes by 2025 on the back of the factors such as attractive packaging with no extra efforts and cost, recyclability, and others. While FMI still expects the In-mould label films market to grow slightly, however, the overall five-year compound annual growth rate (CAGR) remains positive by the end of 2031.
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In-mould label films are the plastic label films which are pre-printed and it takes the shape of the container after being injected into a mould. In-mould labelling is a manufacturing process where plastic label is placed into a tool to get it melted and then the melted plastic injected into a mould.
In-mould label films are used by various end-use industries such as food & beverage, pharmaceutical, chemical, and others. In mould label films becomes the integrated part of the container as after cooling down the container and the in-mould label film becomes a single unit.
In-mould label films helps in reducing the need for extra labelling on the container or the bottles which saves the cost as well as time. The printing is been done on the In-mould label films using different techniques such as offset printing and others. The future market outlook for In-mould label films is anticipated to remain revenue generating due to the growing preference for time & cost effective attractive packaging solutions.
What Limits the Market Growth of the In-Mould Label Films?
The fluctuating prices of raw material hinders the market growth for In-mould label films. Also, the availability of raw material such as inks, plastic, and others limits the market growth for In-mould label films. The availability of alternative labelling films also hinders the In-mould label films market.
Competitive Landscape
The global key players for the In-mould label films are
- Jindal Films
- Taghleef Industries
- Innovia Films
- Propyplast SAS
- CCL Industries
- AMTOPACK INC
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Some Asia Pacific players includes Cosmo Films Ltd., Nissha Co., Ltd., and others.
Key Segments of In-Mould Label Films Market Covered in the Report
By Material:
- Polyethylene (PE)
- Polypropylene (PP)
- Polyethylene terephthalate (PET)
- Others
By Moulding Process:
- Injection Moulding
- Blow Moulding
By End-Use Industry:
- Food & Beverage
- Pharmaceuticals
- Automobile
- Cosmetic & Personal Care
- Others
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
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