In-Mold Labelled Containers Market Revenue Analysis, Growth and Industry Forecast 2018 to 2026
Monday, December 02, 2019
Press release from the issuing company
Growth of the Food Industry is Expected to Propel the Growth of Oxygen Barrier In-Mold Labelled Containers Market
In-mold labelling is a process in which plastic or paper labels are applied directly to the containers through injection molding, blow molding, or thermoforming. The labelling process is incorporated in the manufacturing process of containers. As compared to traditional plastic containers, in-mold labelled containers require longer production time and relatively high manufacturing cost. They help to minimize the resources incurred in two processes, namely container manufacturing and labelling. In-mold labelled containers were first developed by Owens-Illinois in collaboration with Procter & Gamble. They provided in-mold labelled bottles for Head & Shoulders shampoo packaging. The printed decorative foil, 50 µm in thickness, is used as labels on the in-mold labelled containers.
Global In-Mold Labelled Containers Market: Dynamics
As the label and the container are made of the same material, the molding processes incorporates the label to the container wall. Also, in-mold labelled containers fulfill the end-users need for high barrier and retortable packaging due to its multilayer barrier properties. The food & beverage industry has preferred the oxygen barrier in-mold labelled containers due to its ability to increase the shelf-life of packaged products. The ultraviolet barrier in-mold labelled containers is useful in the protection of the organoleptic properties of high-fat products, as well as appropriate for retort packaging and high temperature filling processes. These factors are expected to drive the growth of the market during the forecast period.
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Recent Developments in Global In-Mold Labelled Containers Market
The key manufacturers in the in-mold labelled containers market are setting up the new product development trends as per the need of end-user industries.
In 2018, RPC Superfos developed ‘UniPak’ pot to fulfill the requirement of US-based Palazzolo’s Artisan Dairy for in-mold labelled containers with tamper evident closure and spoon-in-lid features.
In 2018, ITC Packaging collaborated with Verstraete IML to develop in-mold labelled containers for packaging of soup. The newly designed containers possess oxygen barrier properties, which avoid food contact with oxygen and extend the shelf life.
In 2017, the South African food manufacturer Clover Industries Ltd. launched new mayonnaise product packaged in high barrier in-mold labelled containers. The injection in-mold labelled container manufacturers, Polyoak and Verstraete IML, developed this new high barrier in-mold labelled container for Clover.
Global In-mold Labelled Containers Market: Segmentation
By material, the global in-mold labelled containers market has been segmented into:
By end-use industry, the global in-mold labelled containers market has been segmented into:
By molding technology, the global in-mold labelled containers market has been segmented into:
By container type, the global in-mold labelled containers market has been segmented into:
Global In-Mold Labelled Containers Market: Geographical Outlook
The in-mold labelled containers market in Europe is expected to witness high growth, followed by North America, Asia Pacific, Middle East & Africa, and Latin America. In Europe, fast-moving consumer goods and durable goods manufacturers are the prominent end-users of in-mold labelled containers. The growth of the food and beverage industry in emerging economies of China & India is expected to drive the growth of the Asia Pacific in-mold labelled containers market. The global personal care and cosmetics industry is adopting the in-mold labelled technology for products for enhance the shelf appeal.
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Global In-Mold Labelled Containers Market: Key Players
Some of the key players operating in global in-mold labelled containers market are:
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