Market revenue in 2023 | USD 761.3 million |
Market revenue in 2030 | USD 1,079.5 million |
Growth rate | 5.1% (CAGR from 2023 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), Polyethylene (PE), Polycarbonate (PC), Acrylonitrile Butadiene Styrene |
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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 50.85% in 2023. Horizon Databook has segmented the Asia Pacific in-mold labels market based on polypropylene (pp), polyethylene (pe), polycarbonate (pc), acrylonitrile butadiene styrene 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.
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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