India In-mold Labels Market Size & Outlook, 2023-2030
India in-mold labels market, 2018-2030 (US$M)
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India in-mold labels market highlights
- The India in-mold labels market generated a revenue of USD 116.4 million in 2023 and is expected to reach USD 158.4 million by 2030.
- The India market is expected to grow at a CAGR of 4.5% 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.
In-mold labels market data book summary
| Market revenue in 2023 | USD 116.4 million |
| Market revenue in 2030 | USD 158.4 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Polypropylene (PP) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene (PP), Polyethylene (PE), Polycarbonate (PC), Acrylonitrile Butadiene Styrene |
Other key industry trends
- In terms of revenue, India accounted for 5.0% of the global in-mold labels market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China in-mold labels market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 233.8 million by 2030.
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In-Mold Labels Market Scope
In-Mold Labels Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 50.86% in 2023. Horizon Databook has segmented the India 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.
According to the Invest India, India is the largest producer of milk in the world, with milk production reaching 221.06 million metric tons in the year 2022–23. The dairy industry is a significant contributor to the Indian economy, accounting for 5% of the GDP and registering a growth rate of 6.4% in the past 5 years.
The robust growth in milk production and the increasing demand for value-added dairy products is driving the need for efficient packaging solutions such as bottles, containers, cups, and beverage crates.
This surge in milk production and the diversification of dairy products are creating lucrative opportunities for the packaging industry to cater to the evolving needs of the dairy sector in India. This overall outlook is driving the growth of the in-mold labels market in the country.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India in-mold labels market , including forecasts for subscribers. This country databook contains high-level insights into India in-mold labels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India in-mold labels market size, by material, 2018-2030 (US$M)
India In-Mold Labels Market Outlook Share, 2023 & 2030 (US$M)
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