One of the key challenges for the global in-mold label market is the availability of raw materials at competitive prices. As in-mold labels are primarily made from polypropylene and polyethylene, fluctuating prices of these commodities impact the production costs for manufacturers. Additionally, short product life cycles in many end-use industries like consumer electronics pose difficulties in terms of optimizing inventory levels and forecasting demand fluctuations. Developing labels that can withstand higher temperatures during processing is another major challenge, as it expands the scope of applicability.
Market Opportunities: Growth sectors like consumer electronics, automotive
The global in-mold label market is expected to witness significant growth over the coming years driven by opportunities in industries like consumer electronics, automotive, food and beverages. Adoption is increasing especially in developing regions of Asia Pacific and Central and Latin America.
In-mold Label Market Report Snapshots
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