Spain In-mold Labels Market Size & Outlook, 2023-2030
Spain in-mold labels market, 2018-2030 (US$M)
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Spain in-mold labels market highlights
- The Spain in-mold labels market generated a revenue of USD 60.3 million in 2023 and is expected to reach USD 86.5 million by 2030.
- The Spain market is expected to grow at a CAGR of 5.3% 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 60.3 million |
| Market revenue in 2030 | USD 86.5 million |
| Growth rate | 5.3% (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, Spain accounted for 2.6% 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 Europe, Germany in-mold labels market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 86.5 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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Spain 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 50.58% in 2023. Horizon Databook has segmented the Spain 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 growing food & beverage industry across Spain is anticipated to accelerate the growth of the Spanish in-mold labels market. The expansion of the food & beverage industry can be attributed to the flourishing tourism industry, growing population and urbanization, and increasing investment and expansion of global food & beverage companies in the country.
For instance, in May 2023, Destilerías Borrajo, a Spanish beverage producer, built a new facility in Spain. The company invested USD 4.3 million to build a new facility as part of its production expansion plan.
This expansion activity is part of its efforts to expand its production capacity. Moreover, the major food companies are investing and opening new production facilities in Spain to expand their offerings and strengthen their market presence 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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Horizon Databook provides a detailed overview of country-level data and insights on the Spain in-mold labels market , including forecasts for subscribers. This country databook contains high-level insights into Spain in-mold labels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain in-mold labels market size, by material, 2018-2030 (US$M)
Spain In-Mold Labels Market Outlook Share, 2023 & 2030 (US$M)
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