What is the Revenue of IML Containers?

In-mold labeling (IML) is a process of applying a label to a container during the molding process. This results in a durable, high-quality label that is integrated into the container itself. IML containers are used in a variety of industries, including food and beverage, personal care, and household products.  

According to GIR (Global Info Research), the global IML container revenue in 2021 was around $397.44 million. It is expected to reach $469.38 million by 2028, with a CAGR of 2.41% between 2022 and 2028.  

The IML container market is growing due to a number of factors, including the increasing demand for durable and high-quality labels, the growing popularity of IML technology, and the rising demand for packaged goods.  

The Asia Pacific region is expected to be the largest market for IML containers in the coming years. This is due to the growing population and rising disposable income in the region. China, the United States, Europe, Japan, and South Korea are some of the other major markets for IML containers.  

The IML container market is competitive, with a number of players operating in the market.  The IML container market is expected to continue to grow in the coming years due to the increasing demand for durable and high-quality labels.