Market Share of In Mold Labels Industry
The competitive landscape of the In-Mold Labels market remains fragmented. The competitive rivalry amongst the players in the market is high owing to the presence of some key players such as CCL Industries, Multi-Color Corporation and many more. However, through extensive research and development, expansion strategies these players have been able to gain a stronger footprint in the market. This is evident from the following instances:
- November 2020 - CCL Industries Inc. announced plans for the new capacity investment at their Innovia Films extrusion site in Plock, Poland. A new six-meter multi-layer co-extrusion line would be installed to produce the EcoFloat shrink sleeve material.
- December 2020 - Huhtamaki, a global provider of sustainable packaging solutions for consumers, announced that it is investing in Russia for further growth. In order to respond to the fast development of the retail business and egg packaging industry in Eastern & Central parts of Russia, the company is setting up a new fiber packaging manufacturing plant at its existing site in Alabuga, Tatarstan.
In-Mold Labels Market Leaders
CCL Industries.
Multi-Color Corporation
Smyth Companies, LLC
Taghleef Industries Inc.
Fort Dearborn Company
*Disclaimer: Major Players sorted in no particular order
