Market revenue in 2023 | USD 78.3 million |
Market revenue in 2030 | USD 97.5 million |
Growth rate | 3.2% (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 50.7% in 2023. Horizon Databook has segmented the Middle East & Africa 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 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.
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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