With a rising inclination towards visually appealing no-label looks, businesses are embracing the innovative approach of in-mold labeling. This technique not only enhances product appearance but also promotes environmental sustainability and cost efficiency. As the market witnesses a paradigm shift, it becomes imperative to delve deeper into the driving forces behind its evolution.
To understand the growth story and explore the immense potential of the Global, Middle East, & KSA In-Mold Labeling Market, read more.
1. The global IML market grew by 2% since 2019; Europe leads the global IML market in 2022 owing to rising awareness on IML grades and molding technologies
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2. Moreover, Sheetfed Printing Market in Middle East, which was highly import driven, turned domestic in last few years to diversify their investments beyond oil and reduce their dependency on packaging imports
3. F&B segment, especially dairy, generates a huge demand for IML printing packaging; In Middle East and KSA, F&B and Industrial demand can be an opportunity for any new entrant in the market
4. In the middle east, in-Mold labeling has seen gradual adoption in the market over the last two decades for several reasons like reduced overall manufacturing costs, market differentiation in graphics capability, etc.
5. Al Ghurair made a recent venture into IML with the induction of a Heidelberg XL 106-10P in order to promote domestic printing services for the IML industry
6. Recent investments, Global industry growth and Covid-19 are the recent trends observed in the middle east sheet fed in mold labelling market
Some of the Intelligence Curated by Ken Research in in Mold Labels Market Space:
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