Monday, April 24, 2023

Increasing investments &acquisitions, positive impact of Covid-19 and growing demand for sheet fed labelling had driven Global, Middle East & KSA In-mold labelling Market: Ken Research

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Focus On Growing Investments and Increasing Use of In-Mold Labeling in Various Industries Are Major Factor Contributing Towards Development of In-Mold Labeling Market in Middle East & KSA.

Increasing investments & acquisitions: Major investments in the In-mold label market has fueled the growth over the past few years. For instance, investments of USD ~ 2.75 Mn in sheet fed offset printing in middle east led by Al Ghurair printing in Heidelberg XL106 – 10P+L(X4) IML machine and printing technology installation. Another prominent player Al Jawad has also increased its sheet fed offset IML printing capability to 4 machines with the installation of KBA Rapida 106 printing machine to go along with 3 older sheet fed presses.

Positive impact of Covid-19: With the rise of e-commerce and changes in the consumer shopping habits due to lockdown, the demand for packaged goods has skyrocketed. This, in turn, has led to an increase in demand for in-mold labeling solutions, as manufacturers seek to differentiate their products and improve the overall packaging experience for consumers. Furthermore, the pandemic has also accelerated the demand for pharmaceutical products in-mold labeling as it provides a tamper-resistant labeling solutions and prevent counterfeiting which also helps to improve patient safety.

Advantages of Sheet fed labeling: Sheet fed In-mold labeling provides high resolution colors & images for labels as it is compatible with a wide range of colors and can be displayed on both sides of the package. Sheet fed IML is a powerful platform for enhancing graphic effects, enabling business owners the flexibility to respond to creative design ideas using flat, curved, or 3D-formed graphics giving the in-mold container, a clean, smooth, integrated & unlabeled look as opposed to PML, it can also withstand both humid environments & extreme temperature fluctuations (freezing/ cooling conditions). Furthermore, for mass production, Sheet fed IML containers take less time to manufacture because it is produced and decorated in one step to form a single product thus reducing the post labelling operational cost.

Analysts at Ken Research in their latest publication Globally, Middle East & KSA In-mold Labeling Market Outlook to 2027F - Driven majorly by increasing inclination towards aesthetically appealing no-label look, environmental sustainability, & cost-effectiveness” by Ken Research observed that Global, Middle East & KSA In-mold labeling market is in the growing phase, growing at CAGR of  7% for KSA & Middle East market and Globally 2% between 2019-2022 owning to the increasing investments, positive impact of covid-19, growing demand for sheet fed labels, inclination towards attractive packaging and high product security. It is expected that Global, Middle East & KSA In-mold market will continue to grow, at a CAGR of ~5%, ~12%, ~8% respectively for the 2022-2027F forecasted period.

Global In-Mold Labeling Market

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Key Segments Covered

Global In-Mold Labelling Market:

By Print Technology, 2022 & 2027F:

  • Offset Lithography
  • Flexography
  • Roto Gravure
  • Screen Letterpress
  • Inkjet

By End-User, 2022 & 2027F:

  • Food and Beverages
  • Household Care
  • Cosmetic
  • Industrial
  • Healthcare
  • Others

By Geography, 2022 & 2027F:

  • Europe
  • Asia Pacific
  • North Americans
  • Middle East
  • Others

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Middle East & KSA In-Mold Labelling Market:

By Print Technology, 2022 & 2027F:

  • Offset Lithography
  • Flexography
  • Roto Gravure
  • Screen Letterpress
  • Inkjet

By End-User, 2022 & 2027F:

  • Food and Beverages
  • Household Care
  • Cosmetic
  • Industrial
  • Healthcare

Key Target Audience

  • Plastic Product Manufacturer
  • Medical Device Manufacturer
  • Electrical and electronics industry players
  • Packaging Companies
  • Automotive Companies
  • Durable Goods Manufacturer
  • Related Government Agencies
  • New Entrants

Time Period Captured in the Report:

  • Historical Period: 2019-2021
  • Base Year: 2022
  • Forecast Period: 2023 – 2027F

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Companies Covered:

  • Korsini Packaging
  • Al Ghurair
  • Al Jawad Plastic & Flexible Factory
  • Safeer Pac
  • Al Marai
  • Al Safi Danone
  • Halwani Bros.
  • Oasis Ameron
  • Jazeera Paint
  • Clorox Abudawood
  • Knooz Al-Ardh
  • SIDCO
  • Wafir

Key Topics Covered in the Report:

  • Value Chain for IML Market
  • Global IML Market Size
  • Overview of Middle-East & KSA IML Market
  • SWOT Analysis of Sheet fed IML Market
  • Porter’s five forces analysis of Sheet fed IML Market
  • Trends & Development of Sheet fed IML Market
  • Issues & Challenges of Sheet fed IML Market
  • Growth Drivers of Sheet fed IML Market
  • Advantages of Sheet fed IML Market
  • Comparison of Sheet Fed Label Printing over Web Press Printing
  • Covid-19 Impact on Sheet fed IML Market
  • Cross Comparison of Major Players in Sheet fed IML market (Inception, Office Networks, Service Provided, Headquarter, Product information, Industries Served, Competitive advantage, contact information, parent company, machinery used , certification, office location, pre-printed material used, name of clients, employees, vol sold to moulders, no of printing units , revenue, updated technology).
  • Analyst Recommendations

For More Insights On Market Intelligence, Refer To The Link Below: –

Global, Middle East, & KSA In-Mold Labeling Market

Related Reports by ken Research: –

Global In-Mold Labelling System Industry

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