Market revenue in 2023 | USD 10.0 million |
Market revenue in 2030 | USD 12.0 million |
Growth rate | 2.7% (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 |
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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 51% in 2023. Horizon Databook has segmented the UAE 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.
Major beverage companies are introducing sustainable and recyclable packaging solutions to cater to the environmentally conscious consumers in the UAE market. For instance, in December 2023, PepsiCo introduced locally produced 100% recycled plastic bottles for Pepsi, Diet Pepsi, and Pepsi Zero in the UAE, marking a significant milestone in sustainable packaging within the Carbonated Soft Drinks (CSDs) category.
These bottles are a pioneering initiative in the country, generating over 30% less greenhouse gas (GHG) emissions compared to traditional PET bottles, aligning with efforts to combat climate change and reduce global emissions, particularly in preparation for COP28 in the UAE.
The development of recycled and reprocessed materials for bottles necessitates compatible labeling solutions. IML technology is ideal, as it integrates the label during the molding process, ensuring that the label adheres to sustainability standards.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE in-mold labels market , including forecasts for subscribers. This country databook contains high-level insights into UAE in-mold labels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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