Technavio Says Increased Demand for Packaged Foods and Beverages Will Boost the In-Mold Labels Market in Europe Through 2019
May 29, 2015 | By Business Wire News
LONDON
Technavio has published a new report on the in-mold labels market in Europe, which is expected to grow at a CAGR of nearly 6% from 2015-2019.
About the Report
According to the market research report, packaged food and beverage companies require unique label designs to meet various production requirements and create product differentiation in order to stay ahead of their competitors.
“Vendors are increasingly investing in the development of eco-friendly label products and promoting environmental sustainability, use of recyclable materials in labeling mainly plastic material and the use of resins derived from renewable resources,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also emphasizes increased demand for in-mold labels from France and Germany. A rise in the manufacturing output, high per-capita consumption and growing demand for effective, advanced, and premium labeling solutions are fuelling the overall demand.
Furthermore, the growing need for sustainable and eco-friendly packaging is also expected to inflate the market growth in the coming years.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and the growth prospects of the in-mold labels market in Europe from 2015-2019. To calculate the market size, the report considers revenue generated from the total volume of in-mold labels.
Key Information Covered in the Report:
- Key Vendors:
- EVCO Plastics
- Inland
- Innovia Films Ltd.
- Vibrant Graphics
- Market Growth Drivers:
- Increase in demand for packaged foods and beverages
- For a full detailed list, view our report.
- Market Challenges:
- Increased use of printed label descriptions
- For a full detailed list, view our report.
- Market Trends:
- Increase in demand from France and Germany
- For a full detailed list, view our report.
Technaviocurrently has more than 3000 market research reports on a huge range of topics, including 200+ reports on the labels market:
If you are interested in more information, please contact our media team at media@technavio.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150529005352/en/
Technavio Research
Jes Ellacott
US: +1 630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com
