Latin America In-mold Labels Market Size & Outlook
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Latin America in-mold labels market highlights
- The Latin America in-mold labels market generated a revenue of USD 125.5 million in 2023.
- The market is expected to grow at a CAGR of 3.4% from 2024 to 2030.
- In terms of segment, polypropylene (pp) was the largest revenue generating material in 2023.
- Polypropylene (PP) is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 125.5 million |
| Market revenue in 2030 | USD 157.4 million |
| Growth rate | 3.4% (CAGR from 2024 to 2030) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Polypropylene (PP) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene (PP), Acrylonitrile Butadiene Styrene, Polyethylene (PE), Polycarbonate (PC) |
| Key market players worldwide | CCL Industries Inc Registered Shs -B- Non Vtg, Taghleef Industries, Constantia Flexibles, Coveris Holdings, Cenveo, Fuji Seal International, EVCO Plastics, Fort Dearborn, Multi-Color, Aspasie, General Press, Smyth Companies |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.4% of the global in-mold labels market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,079.5 million by 2030.
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In-Mold Labels Market Scope
In-Mold Labels Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Smyth Companies | View profile | 251-500 | Saint Paul, Minnesota, United States, North America | http://smythco.com |
| General Press | View profile | 11-50 | Natrona Heights, Pennsylvania, United States, North America | https://www.generalpress.com/ |
| Aspasie | View profile | 251-500 | Trois-rivières, Quebec, Canada, North America | https://www.aspasie.com |
| Multi-Color | View profile | 10001+ | Batavia, New York, United States, North America | https://www.mcclabel.com/ |
| Coveris Holdings | View profile | - | Luxembourg, Luxembourg, Luxembourg, Europe | https://www.coveris.com |
| Fort Dearborn | View profile | 1001-5000 | Elk Grove Village, Illinois, United States, North America | http://www.fortdearborn.com/ |
| Fuji Seal International | View profile | 51-100 | Marunouchi, Tokyo, Japan, Asia | https://www.fujiseal.com |
| Taghleef Industries | View profile | 1001-5000 | Newark, Delaware, United States, North America | http://www.ti-films.com/ |
| Cenveo | View profile | 1001-5000 | Stamford, Connecticut, United States, North America | http://www.cenveo.com |
| Constantia Flexibles | View profile | 5001-10000 | Vienna, Wien, Austria, Europe | http://www.cflex.com |
| EVCO Plastics | View profile | 1001-5000 | De Forest, Wisconsin, United States, North America | https://www.evcoplastics.com |
| CCL Industries Inc Registered Shs -B- Non Vtg | View profile | 16100 | 111 Gordon Baker Road, Suite 801, Toronto, ON, Canada, M2H 3R1 | https://www.cclind.com |
Latin America in-mold labels market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to in-mold labels market will help companies and investors design strategic landscapes.
Polypropylene (pp) was the largest segment with a revenue share of 52.43% in 2023. Horizon Databook has segmented the Latin America in-mold labels market based on polypropylene (pp), acrylonitrile butadiene styrene, polyethylene (pe), polycarbonate (pc) covering the revenue growth of each sub-segment from 2018 to 2030.
The region is projected to exhibit significant growth over the forecast period, owing to various factors such as the expanding packaging industry, increasing consumer demand for esthetically appealing products, and advancements in label manufacturing technologies.
The in-mold labels (IML) market in Central & South America is witnessing an increasing demand from sectors like food & beverages, personal care, and industrial goods. The market is projected to continue its upward trajectory in the next few years, fueled by economic growth and increased consumer spending in the region.
Brazil, Argentina, and Chile are among the leading markets in the region, due to their large consumer bases and strong manufacturing sectors. Some major players active in the Central & South American IML market include CCL Industries, AVERY DENNISON CORPORATION, and Coveris.
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Our clientele includes a mix of in-mold labels market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America in-mold labels market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America in-mold labels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America in-mold labels market size, by country, 2018-2030 (US$M)
Latin America In-Mold Labels Market Outlook Share, 2023 & 2030 (US$M)
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