In-Mold Labels Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to in-mold labels market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

In-Mold Labels Market News

  • In July 2024, AWT Labels & Packaging further established its presence with the acquisition of American Label Technologies, which has expertise in advanced RFID and NFC-enabled in-mold label solutions. This expansion of AWT's capability to provide cutting-edge, sustainable labeling solutions to sectors such as food packaging and healthcare further bolsters its position in the North American market.
  • In June 2024, Fedrigoni, the world leader in specialty papers and self-adhesive labels, took a majority stake in BoingTech. The acquisition provides Fedrigoni with enhanced capacities in smart labeling, including RFID and NFC technologies. The acquisition supports the company's strategy to incorporate intelligent labeling in packaging solutions in response to increased demand for traceability and authentication.
  • In February 2024, Avery Dennison introduced a future-proof smart in-mold labeling technology that embeds RFID tags into plastic packaging. The new technology enhances the efficiency of supply chains, the authenticity of products, and promotes circular economy endeavors through improved material recycling. It is poised to transform IML applications across consumer goods, pharma, and logistics industries.
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Global In-Mold Labels Market size was valued at USD 2.31 Billion in 2023 poised to grow from USD 2.42 Billion in 2024 to USD 3.46 Billion by 2032, growing at a CAGR of 4.6% in the forecast period (2025-2032).

The global in-mold labels (IML) market is highly competitive, with key players focusing on innovation, sustainability, and automation. Large players are CCL Industries, Coveris, Multi-Color Corporation, Verstraete IML, Inland Packaging, and EVCO Plastics. CCL Industries makes investments in environmentally friendly IML solutions, whereas Verstraete IML focuses on intelligent labeling technologies such as RFID and NFC. Multi-Color Corporation makes acquisitions to expand its global presence in premium packaging solutions. 'CCL Industries (Canada)', 'Coveris (Austria)', 'Multi-Color Corporation (USA)', 'Verstraete IML (Belgium)', 'Inland Packaging (USA)', 'EVCO Plastics (USA)', 'Constantia Flexibles (Austria)', 'RPC Superfos (Denmark)', 'Reynolds Group Holdings (New Zealand)', 'Huhtamäki Oyj (Finland)', 'Jindal Films (India)', 'Uflex Limited (India)', 'Fuji Seal International (Japan)', 'Cenveo Worldwide Limited (USA)', 'SMI Coated Products Pvt. Ltd. (India)'

The increasing focus on sustainability is one of the key drivers of the worldwide in-mold labels (IML) market. End-users and government agencies are urging manufacturers towards sustainable packaging materials, prompting manufacturers to use recyclable and biodegradable IML materials. The change positively affects brand image, minimizes environmental footprint, and supports circular economy efforts.

Rise of Sustainable and Recyclable In-Mold Labeling Solutions: The in-mold labels industry is moving toward sustainability, with firms employing recyclable polypropylene and biodegradable inks. Environmental laws and the demand for sustainable packaging among consumers propel the trend. Brands increasingly deploy circular economy principles, minimizing waste and enhancing recyclability while providing high-quality, esthetically pleasing labeling solutions.

How do Advancements in Automation Impact IML Production in North America?

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Global In-Mold Labels Market
In-Mold Labels Market

Report ID: SQMIG15E2682

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