Middle East & Africa In-mold Labels Market Size & Outlook
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MEA in-mold labels market highlights
- The MEA in-mold labels market generated a revenue of USD 78.3 million in 2023.
- The market is expected to grow at a CAGR of 3.2% from 2024 to 2030.
- In terms of segment, polypropylene (pp) was the largest revenue generating material in 2023.
- Polypropylene (PP) is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 78.3 million |
| Market revenue in 2030 | USD 97.5 million |
| Growth rate | 3.2% (CAGR from 2024 to 2030) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Polypropylene (PP) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene (PP), Acrylonitrile Butadiene Styrene, Polyethylene (PE), Polycarbonate (PC) |
| Key market players worldwide | CCL Industries Inc Registered Shs -B- Non Vtg, Taghleef Industries, Constantia Flexibles, Coveris Holdings, Cenveo, Fuji Seal International, EVCO Plastics, Fort Dearborn, Multi-Color, Aspasie, General Press, Smyth Companies |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.4% of the global in-mold labels market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,079.5 million by 2030.
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In-Mold Labels Market Scope
In-Mold Labels Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Smyth Companies | View profile | 251-500 | Saint Paul, Minnesota, United States, North America | http://smythco.com |
| General Press | View profile | 11-50 | Natrona Heights, Pennsylvania, United States, North America | https://www.generalpress.com/ |
| Aspasie | View profile | 251-500 | Trois-rivières, Quebec, Canada, North America | https://www.aspasie.com |
| Multi-Color | View profile | 10001+ | Batavia, New York, United States, North America | https://www.mcclabel.com/ |
| Coveris Holdings | View profile | - | Luxembourg, Luxembourg, Luxembourg, Europe | https://www.coveris.com |
| Fort Dearborn | View profile | 1001-5000 | Elk Grove Village, Illinois, United States, North America | http://www.fortdearborn.com/ |
| Fuji Seal International | View profile | 51-100 | Marunouchi, Tokyo, Japan, Asia | https://www.fujiseal.com |
| Taghleef Industries | View profile | 1001-5000 | Newark, Delaware, United States, North America | http://www.ti-films.com/ |
| Cenveo | View profile | 1001-5000 | Stamford, Connecticut, United States, North America | http://www.cenveo.com |
| Constantia Flexibles | View profile | 5001-10000 | Vienna, Wien, Austria, Europe | http://www.cflex.com |
| EVCO Plastics | View profile | 1001-5000 | De Forest, Wisconsin, United States, North America | https://www.evcoplastics.com |
| CCL Industries Inc Registered Shs -B- Non Vtg | View profile | 16100 | 111 Gordon Baker Road, Suite 801, Toronto, ON, Canada, M2H 3R1 | https://www.cclind.com |
Middle East & Africa in-mold labels market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to in-mold labels market will help companies and investors design strategic landscapes.
Polypropylene (pp) was the largest segment with a revenue share of 52.49% in 2023. Horizon Databook has segmented the Middle East & Africa in-mold labels market based on polypropylene (pp), acrylonitrile butadiene styrene, polyethylene (pe), polycarbonate (pc) covering the revenue growth of each sub-segment from 2018 to 2030.
The food & beverages sector in this region is attracting investors, owing to the increasing disposable income of consumers in the Middle East and the presence of a large base of the middle-aged and young population.
The emergence of food & beverages as a potential industry for foreign investments is further supported by the easy availability of workforce and low production capacity of food in African economies. The prevalent food production patterns, changing lifestyles of the masses, and existing marketing practices in Africa have led to the rising consumption of processed food & beverage items.
Hence, this outlook is expected to benefit the overall packaging solutions market, including the in-mold labels market in the region. In addition, the consumer goods industry in the Middle East & Africa (MEA) has been experiencing significant growth, due to increasing urbanization, rising disposable incomes, and a growing middleclass population.
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Our clientele includes a mix of in-mold labels market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa in-mold labels market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa in-mold labels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA in-mold labels market size, by country, 2018-2030 (US$M)
Middle East & Africa In-Mold Labels Market Outlook Share, 2023 & 2030 (US$M)
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