Market revenue in 2023 | USD 125.5 million |
Market revenue in 2030 | USD 157.4 million |
Growth rate | 3.3% (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 50.92% in 2023. Horizon Databook has segmented the Latin America 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 region is projected to exhibit significant growth over the forecast period, owing to various factors such as the expanding packaging industry, increasing consumer demand for esthetically appealing products, and advancements in label manufacturing technologies.
The in-mold labels (IML) market in Central & South America is witnessing an increasing demand from sectors like food & beverages, personal care, and industrial goods. The market is projected to continue its upward trajectory in the next few years, fueled by economic growth and increased consumer spending in the region.
Brazil, Argentina, and Chile are among the leading markets in the region, due to their large consumer bases and strong manufacturing sectors. Some major players active in the Central & South American IML market include CCL Industries, AVERY DENNISON CORPORATION, and Coveris.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America in-mold labels market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America in-mold labels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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