Global in-mold labels market to grow at CAGR of 5.8% from 2014-2019

22-Apr-15

The Global in-mold labels market expects market to post a CAGR of 5.81% during the forecast period of 2014-2019, as per Sandlerresearch.org. In-mold labels provide flexibility to the F&B manufacturers in terms of printing processes and color selection to enhance the product visibility and brand identification in the market. The rise in consumer preference for lightweight and highly aesthetic packaging is expected to motivate the vendors to invest in technology in the global in-mold labels market during the forecast period.The increase in environmental concerns and the need to reduce pollution have led to more emphasis being placed on sustainability, i.e., the use of recyclable materials, especially plastic, in labeling and the use of resins derived from renewable resources. Vendors are increasing their investment in the development of eco-friendly label products and promoting environmental sustainability. 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.