Global In-mold Label Market 2016-2020
About In-Mold Labeling
In-mold labeling is a process of labeling molded plastic components, mainly thin polypropylene films, during the injection molding cycle. In the process, printed labels are inserted in the open plastic injection mold and are held in place by vacuum ports. When the mold is closed, the label is encapsulated by injecting plastic resin into the mold. In-mold labels are primarily used on disposable consumer packaging, on products such as food containers, personal care items and cosmetics, and in household products that have a short life span.
Technavio’s analysts forecast the global in-mold label market to grow at a CAGR of 0.57% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global in-mold label market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global In-Mold Label Market 2016-2020
Technavio recognizes the following companies as the key players in the global in-mold label market: Avery Dennison, CCL Industries, Constantia Flexibles, Coveris, EVCO Plastics, and Inland.
Other Prominent Vendors in the market are: CBW Automation, Multi-Color, Netstal Machinery, Smyth Companies, StackTeck, Transilwrap, UPM Raflatac, and WS Packaging.
Commenting on the report, an analyst from Technavio’s team said: “Integration of RFID in in-mold labels will be a key trend for market growth. RFID in-mold labels help to track and trace plastic containers during the entire production and distribution phases. The in-mold label consists of thin passive ultra-high frequency (UHF) inlay. The inlay is covered by unique protective, durable materials and adhesives that shield it during the injection or blow molding process.The in-mold labels are designed to withstand temperatures between 77°F and 140°F and can be stored in cold temperatures up to 59°F. RFID-integrated in-mold labels can handle relative humidity of 40%-60%. RFID sensors in in-mold labels are primarily used for asset management and inventory control. In addition, these sensors eliminate the need for manual labor and reduce human error due to the automated reading of the barcodes.”
According to the report, growing demand for in-mold labeling in thin-walled containers will be a key driver for market growth. Thin-walled containers are those containers that have a wall thickness less than 0.62 millimeters. These containers are usually manufactured using injection molding process. Many of the thin-walled containers weigh less than one gram, which reduces raw material costs by 40% and transportation costs by 20%-30%. In addition, it reduces carbon emissions by 50%-60% during manufacture and transportation. Owing to these factors, the demand for thin-wall packaging is growing.
Further, the report states that long and complex supply chain of in-mold labels poses a challenge to in-mold labels as it takes multiple companies and collaborations to produce these labels. Companies have to seek new suppliers when they switch from pressure-sensitive or glue-applied labels to in-mold labels. It takes multiple collaborations and companies to develop in-mold label containers.
Avery Dennison, CCL Industries, Constantia Flexibles, Coveris, EVCO Plastics, Inland, CBW Automation, Multi-Color, Netstal Machinery, Smyth Companies, StackTeck, Transilwrap, UPM Raflatac, WS Packaging.