South Korea In-mold Labels Market Size & Outlook
South Korea in-mold labels market, 2018-2030 (US$M)
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South Korea in-mold labels market highlights
- The South Korea in-mold labels market generated a revenue of USD 78.7 million in 2023 and is expected to reach USD 113.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 5.4% 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 78.7 million |
| Market revenue in 2030 | USD 113.8 million |
| Growth rate | 5.4% (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, South Korea accounted for 3.4% 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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South Korea 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 50.95% in 2023. Horizon Databook has segmented the South Korea 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 personal care and cosmetics industry’s growth is driven by both domestic consumption and export demand. Besides, innovation in skincare, a high demand for K-beauty products globally, and an increase in consumer spending on personal care are significantly driving the growth of the personal care and cosmetics industry in the country.
For instance, in January 2023, KOLMAR KOREA, a prominent cosmetics company in South Korea, announced to build a new cosmetics manufacturing plant in Sejong City. The new facility will have an annual production capacity of 220 million units.
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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 country-level data and insights on the South Korea in-mold labels market , including forecasts for subscribers. This country databook contains high-level insights into South Korea in-mold labels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea in-mold labels market size, by material, 2018-2030 (US$M)
South Korea In-Mold Labels Market Outlook Share, 2023 & 2030 (US$M)
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