Showing posts with label Global In-Mold Labeling Market. Show all posts
Showing posts with label Global In-Mold Labeling Market. Show all posts

Wednesday, May 3, 2023

Global, Middle East & KSA Market is in the Growing Stage, Being Driven by Growing Demand for Sheet Fed In-Mold Labels and Positive Impact of Covid-19: Ken Research

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1. Covid-19 pandemic has been a major catalyst for Global In-mold labelling market, with a growth rate CAGR of ~5% between 2022-2027F.

Global In-mold labeling Industry

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By 2027F, the Global, Middle East & KSA In-mold labelling market is expected to grow at a robust rate. The market's expansion can be ascribed to the increasing investments, growing demand for sheet fed labels, inclination towards attractive packaging and high product security. Furthermore, the Covid-19 pandemic has also led to rise in e-commerce and also increased the demand for packaged foods which has further boosted the growth in In-mold labelling market in Middle East, KSA & Globally. The In-mold labelling market is expected to grow at a CAGR of ~5% Globally between 2022-2027F because of the emergence of new companies like Safeer Pac and Al Marai. The prominent companies in the In-mold labelling market in 2022 includes: Al Ghurair Printing & Publishing and Al Jawad.

2. Increasing investment, Positive impact of covid-19, inclination towards attractive packaging and high product security are the major growth drivers for Global, Middle East & KSA In-mold labelling Market.

Global In-mold labeling Industry

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The increasing inclination toward attractive packaging is one of the key factors in driving the growth in in-mold labelling market. Aesthetically appealing no-label look & multi-coloured prints on consumer products acts as a lucrative marketing opportunity and an efficient branding tool for sheet fed printing. In addition to this, rising demand for eco-friendly and high-performing sheet fed labels, and increasing technological advancements are also driving the growth in in-mold labelling market as they make manufacturing process more efficient. Furthermore, the Covid-19 also has positive impact on the in-mold labelling market as it has led to rise of e-commerce platforms and also increases the demand for packaged foods, which further fuelled the growth in-mold labelling market globally.

3. With Complex Supply Chain, Technological Deprivation and Costing Patterns are posed as the major challenges faced by the In-mold labelling Market.

Global In-mold labeling Industry

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A key challenge faced by the pet insurance market is the Tedious supply chain involved in implementing a Sheet fed IML project. It takes multiple disciplines and companies to develop a good plan for sheet fed IML. With respect to middle east, limited number of suppliers and printers is a real challenge while fulfilling the demand requirements for the various end user industries in the region. But the tedious supply chain is not the only challenge faced the market, challenges like technological deprivation and costing patterns also halts the growth of the In-mold labelling market. Furthermore, Accurate label placement in mold is also a critical issue. Not only accurate label placement, but accurate label size with minimal size variation & print-to-cut tolerances are also critical criteria. Thus, attention should be given to how label is shaped & presented to mold & conform to contours of molded container without wrinkling, puckering, or distorting printed image when molded.

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