About In-mold Labels
In-mold labeling is the process of applying labels to products such as containers or bottles during the manufacturing process. In-mold labels are known as automated packaging systems. This system places the printed films or paper inside the cavities of molds or containers using vacuum before starting the molding process, which merges the product with the label. This type of process eliminates the need for labeling post production. In-mold labeling is used in three types of applications: injection molding, blow molding, and thermoforming IML processes.
TechNavio's analysts forecast the Global In-mold Labels market to grow at a CAGR of 0.6 percent (volume) over the period 2014-2019.
Covered in this Report
The Global In-mold Labels market can be categorized into three divisions based on technologies, end-users, and geography.
TechNavio's report, Global In-mold Labels Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe, the Americas, the APAC region, and ROW; it also covers the Global In-mold Labels market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.Key Regions
Technavio Announces the Publication of its Research Report – Global In-mold Labels Market 2015-2019
Technavio recognizes the following companies as the key players in the Global In-mold Labels Market: EVCO Plastics, Inland Label & Marketing Services LLC, Innovia Films Ltd. and Vibrant Graphics
Other Prominent Vendors in the market are: Avery Dennison, CBW Automation, CCL Industries, Multi-Color, Netstal Machinery, Smyth Companies, StackTeck, Transilwrap, UPM Raflatac and WS Packaging Group
Commenting on the report, an analyst from Technavio’s team said: “The increase in the demand for F&B products is boosting the demand from emerging markets such as China, India, and South America. Printed package labeling, especially for consumer goods such as F&B products, is gaining popularity because it is considered as a front-line marketing and branding tool for consumer goods manufacturers.”
According to the report, the reduction in labeling costs is a major contributor to the market growth. The IML procedure eliminates the need for separate post-decoration, which leads to a reduction in additional labor and raw material costs.
Further, the report states that the increased use of printed labels is a major hindrance to the market growth because of the increase in demand for flexible packaging such as pouches and films and the increased use of convenient packaging solutions.
EVCO Plastics , Inland Label , Innovia Films , Vibrant Graphics, Avery Dennison, CBW Automation, CCL Industries, Multi-Color, Netstal Machinery, Smyth Companies, StackTeck, Transilwrap, UPM Raflatac, WS Packaging Group