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The inclination towards labels that exhibit features such as water resistance, transparency, and are permanently molded labels are creating an increased demand for in-mold labels. The availability of high-quality in-mold labels is expected to further sway demand for the In Mold Label Printing Market around the world in the forecast period.
Segmental Analysis
The segmental assessment of the In Mold Label Printing Market has been carried out on the basis of material, technology, application, and region. On the basis of technology, the In Mold Label Printing Market is segmented into injection molding process, thermoforming, extrusion blow-molding process, and others. On the basis of material, the In Mold Label Printing Market is segmented into polyvinylchloride, polypropylene, ABS resins, and others. The application basis of segmenting the In Mold Label Printing Market is segmented into chemicals, food & beverage, consumer goods, personal care, and others. Based on the regions, the In Mold Label Printing Market is segmented into Europe, North America, Asia Pacific, and others.
Competitive Analysis
Coveris Holdings S.A. (Luxembourg), Cenveo Inc. (U.S.), Avery Dennison Corporation (U.S.), Fuji Seal International, Inc. (Japan), Innovia Films Ltd. (U.K)
Regional Analysis
The leading position of the European region is owing to the growing use of in-mold labels in applications such as fast-moving consumer goods and industrial packaging (FMCG). The mounting financial constancy has constructively impacted the growth of the region for the packaging industry, especially for in-mold labels. The high demand for in-mold labels from established countries, such as Germany and France, is owing to the progress in the manufacturing industry combined with an increase in disposable income to obtain highly modified products. The Asia Pacific and North American regions are the other two major regions that have backed a significant market portion in the In Mold Label Printing Market in 2016. These regions are observing development owing to growing demand for innovative, efficient, and premium labels. Also, growing consumer understanding about the trends pertinent to packaged food and the upsurge in intake of bottled and container packaging is supplying to the development of the market.
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