The leading market players are expected to witness heavy growth during the forecast period by widening their footprint in terms of sales and revenue. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new Technology launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The market players in the In-mold Labels industry will further increase their production capacities by increasing investments in local and regional capacities.
The prominent manufacturers of the global In-mold Labels industry are increasing their footprint by investing heavily in increasing their volumetric capacities. During the forecast period, the global In-mold Labels industry will make incredible changes in their outcomes. Major In-mold Labels market players include CCL Industries Inc. (Canada), Constantia Flexibles Group GmbH (Austria), Huhtamaki Group (Finland), and Coveris Holdings S.A. (Luxembourg), attempting to increase market demand by investing in research and development operations.
CCL Sectors Inc. is a leader in specialty label and packaging solutions, offering cutting-edge goods and services to numerous global sectors. CCL Industries is a Canadian company with its corporate office in Toronto. Through its numerous subsidiaries and divisions, it serves clients in more than 40 different countries. CCL Industries, founded in 1951, has grown into an international organization with a significant position in the label and packaging sector. Pressure-sensitive labels, shrink sleeves, in-mold labels, flexible packaging, promotional and healthcare items, and specialized films are all part of the company's wide range of products.
Consumer packaged goods, healthcare, automotive, electronics, personal care, food and beverage, and other industries are among the many that CCL Industries supports. Due to the company's significant expertise, it can provide specialized solutions that adhere to the highest quality standards while meeting the specific packaging requirements of each industry.
Leading global packaging and coatings firm Coveris Holdings S.A. specializes in offering cutting-edge solutions for various industries. More than 40 locations in Europe, the Americas, and Asia are serviced by Coveris, which has its global headquarters in Luxembourg. Since its founding in 2013, Coveris has risen quickly to become a significant player in the packaging sector. A wide range of packaging materials, including hard containers, labels, technical films, and flexible packaging, are available from the company. Coveris services various industries, including the food and beverage, medical, agricultural, personal care, and industrial markets.
To create custom packaging solutions that address each client's particular requirements, Coveris heavily emphasizes developing customer-centric solutions. The business offers top-notch, useful, and environmentally friendly packaging solutions that protect product integrity, improve shelf appeal, and promote brand success.
SABIC joined forces with three experts in September 2023: a Dubai movie provider, Taghleef Industries Group; a Greek printing specialist, Stephanos Karydakis IML S.A.; and an injection molder Kotronis Packaging. The partnership will demonstrate the use of renewable certified polypropylene (PP) resins for high-quality mono-PP thin-wall container packaging. In this case, single-step IML technology is used to achieve seamless part decoration right in the injection mold, where the label becomes part of the body of a package.