Global distribution of different product label markets
According to market research firm AWA, the global label market is about 57.5 billion square meters per year, with an annual growth rate of 5%. Among the 57.5 billion square meters of label materials, pressure sensitive labels account for 39%, and wet adhesive labels account for 36%. The shrink sleeve is 18% and the IML label is 2%. We believe that IML technology is a unique niche market (niche market) technology. As the IML market grows, we will increasingly see the application of IML tags in the future.
Overview of IML label market growth in different regions of the world
The IML market is undergoing great changes. If we observe the growth of the global label market, Asia is 4%-5% growth, global growth is 3%, Europe and North America market growth is less than 2%, and global IML market growth is achieved. 5%-7%, both in the global market and in the regional market, IML is growing.
Global IML innovation technology recommendation
1, 3D stereo effect IML technology
Mucell Technologies Inc.: An appropriate amount of foaming agent is added to an in-mold label film having a thickness of 40 microns to form a microporous structure of the film. During the molding of the label and the container, the gas in the bubble creating the microporous structure will escape, bringing the label into close contact with the interior of the container. This technology can also implement special functions such as Braille logo.
Youbo Company: It can achieve 3D effects that are almost impossible to achieve with self-adhesive materials. It utilizes the follow-up of softening resin to allow the combination of container shape and label for a perfect 3D stereo display. The packaging feels stronger and more interesting.
2. Biodegradable IML technology
As oil is depleted in resources and recent climate change, consumers are increasingly working towards environmental protection and sustainable development when considering product packaging materials . The new material has a high translucent property and is combined with bio-degraded pellets to create a fully biodegradable injection molded IML plastic container.
3. High barrier IML technology
Barrier-type in-mold labeling package, the barrier layer of the package separates the contents of the container from the external environment outside the package, so that the influence of the external environment on the content completely disappears, which will effectively extend the life of the packaged product. At the same time, it has outstanding performance on the retail shelves.
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