Asia Pacific In-mold Labels Market Size & Outlook
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Asia Pacific in-mold labels market highlights
- The Asia Pacific in-mold labels market generated a revenue of USD 761.3 million in 2023.
- The market is expected to grow at a CAGR of 5.3% 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, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 761.3 million |
| Market revenue in 2030 | USD 1,079.5 million |
| Growth rate | 5.3% (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, Asia Pacific region accounted for 32.9% 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 |
Asia Pacific 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 53.12% in 2023. Horizon Databook has segmented the Asia Pacific 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 Asia Pacific is witnessing growth on account of the increasing demand for packaged beverages from the emerging economies of the region, including India and Australia. Changing consumer preferences also play a significant role in driving the beverage market in Asia Pacific.
Consumers, particularly the younger populations, are increasingly gravitating toward convenient and on-the-go beverage packaging solutions. Additionally, the growing awareness regarding health among consumers has led to a rise in the demand for healthier beverage options, such as fruit infused water, probiotic beverages, and functional beverages.
This outlook is driving the demand for reliable packaging solutions such as bottles and beverage crates, which, in turn, is fueling the demand for in-mold labels to preserve brand imagery and name on the beverage product.
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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 Asia Pacific in-mold labels market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific in-mold labels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific in-mold labels market size, by country, 2018-2030 (US$M)
Asia Pacific In-Mold Labels Market Outlook Share, 2023 & 2030 (US$M)
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