Global Shrink Sleeve & Stretch Sleeve Labels Market, By Type (Stretch, Shrink), Polymer Film (PVC, PET-G, OPS, PLA, PE), Application (Beverages, Food, Personal care, Health care, Others), Printing Technology (Gravure, Flexography, Digital), Ink (Water based, Solvent based, UV), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
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The Global Shrink Sleeve & Stretch Sleeve Labels Market is expected to grow at a CAGR of 5.75% in the forecast period of 2018-2025, rising from its initial estimated value of USD 10 billion in 2017 to an estimated value of USD 15.64 billion by 2025. Due to the rapid urbanization in all over the world and the preference of switching to packed foods, is increasing the demand for Shrink Sleeve & Stretch Sleeve Labels, as it is widely used in the packaging industry.
- Factors like brand appeal, informative packaging are the major factors for the growth of the industry
- Increased demand for packed food has increased the demand for the sleeve labels and therefore, is the factor behind the growth of the industry
- Availability of cheaper substitutes, eco-friendly and bio-degradable labels are halting the progress of the market
- Increasing government regulations regarding the eco-friendly manufacturing are making the manufacturers to shift to cheaper alternatives like self-adhesive labels, pressure sensitive labels etc.
Segmentation: Global Shrink Sleeve & Stretch Sleeve Labels Market
By Polymer Film
- PVC (Polyvinyl Chloride)
- PET-G (Polyethylene Terephthalate Glycol)
- OPS (Oriented Polystyrene)
- PLA (Polylactic Acid)
- PE (Polyethylene)
- Personal care
- Health care
By Printing Technology
- Water based
- Solvent based
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East & Africa
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Market Definition: Global Shrink Sleeve & Stretch Sleeve Labels Market
Sleeve Labels are packaging labels to be used in packaging of food and beverages, to increase their aesthetic appeal and increase the information about the packaged product. The labels are used to inform the consumer about the product, it’s branding thus increasing its popularity and make the product more appealing.
The labels market is experiencing a surge of growth due to the high demand of packaged items, caused by the increase in purchasing power of the world. This rise in demand for packaged items is one of the major factors behind the growth of the labels market.
Competitive Analysis: Global Shrink Sleeve & Stretch Sleeve Labels Market
The Global Shrink Sleeve & Stretch Sleeve Labels Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Shrink Sleeve & Stretch Sleeve Labels Market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Shrink Sleeve & Stretch Sleeve Labels Market
The key players operating in the Global Shrink Sleeve & Stretch Sleeve Labels Market are:
- Berry Global Inc.,
- Fuji Seal International Inc.,
- Macfarlane Group PLC,
- CCL Industries Inc.,
- Fort Dearborn Company,
- Huhtamaki Global,
- Cenveo Corporation,
- Klöckner Pentaplast,
- The Dow Chemical Company,
- Hammer Packaging, Corp.,
- International Paper
Research Methodology: Global Shrink Sleeve & Stretch Sleeve Labels Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete market analysis and forecasting
- Market definition, understanding the concept of Shrink Sleeve & Stretch Sleeve Labels
- Market drivers and restraints of the industry
- Market segmentations and market share divided amongst them
- Key players in the market and their analysis
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