Stretch Sleeve & Shrink Sleeve Labels Market Size, Share, Trends, Analysis To 2032

Stretch Sleeve & Shrink Sleeve Labels Market Insights

According to the report published by Zion Market Research, the global Stretch Sleeve & Shrink Sleeve Labels Market size was valued at USD 15.38 Billion in 2023 and is predicted to reach USD 27.00 Billion by the end of 2032. The market is expected to grow with a CAGR of 5.8% during the forecast period. The report analyzes the global Stretch Sleeve & Shrink Sleeve Labels Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the Stretch Sleeve & Shrink Sleeve Labels Market.

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Stretch Sleeve & Shrink Sleeve Labels Market: Overview

Sleeve labels are largely used in the labeling of packaged food and beverages. Sleeve labels are extensively sought after personal care packaging solution and healthcare, due to atheistic appeal attributes and cost efficiency. In line with the packaging and labeling business, the heat shrinking of labels and stretch sleeve is witnessing an incredible surge across the globe. The growing base of the global population, growing disposable incomes and the purchasing power of inhabitants in rising economies, escalating inclination for packaged food, and the growing trend of urbanization are the major aspects, which are boosting the development of the global market for stretch sleeve and shrink labels substantially.

Stretch Sleeve & Shrink Sleeve Labels Market: Growth Factors

The labeling industry has experienced two-fold growth in the last few years. Among multiple sections of the global stretch sleeve & shrink label market, sleeve labels are expected to be the fastest-growing segment. Few aspects, such as; cost efficiency, brand competitiveness, and on-shelf appeal, have contributed to the growth of sleeve labels, globally. Similarly, the increasing demand of packaged food and beverages in consort to personal care products and health care has increased the development of sleeve labels. On the other hand, government initiatives and increasing customer awareness towards utilizing low-density, eco-friendly, and bio-degradable packaging items have led a on the development of stretch sleeve & shrink labels. Besides, existence of low-cost substitutes like self-adhesive labels and pressure-sensitive labels is another restrictive aspect for the sleeve labels market.

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Stretch Sleeve & Shrink Sleeve Labels Market: Segmentation

The global stretch sleeve & shrink labels market is divided based on type of polymer films, stretch & shrink sleeve labels, printing technology, application, ink, and region to offer an in-depth vision of the market.

On the basis of the Polymer film, the global market is segregated into PVC, PETG, OPS, PE, Others

On the basis of the Application, the global market is segregated into Food, Wine & Spirit, Other Beverages, Beauty & Personal care, Healthcare, Others.

On the basis of the Printing technology, the global market is segregated into Gravure, Flexography, Digital printing.

On the basis of the By Ink, the global market is segregated into Water based, Solvent based, UV.

Stretch Sleeve & Shrink Sleeve Labels Market: Report Scope

Stretch Sleeve & Shrink Sleeve Labels Market: Regional Analysis

The major players adopted inorganic expansion strategies, for instance, acquisitions, partnerships, and agreements, to augment their reach in the market. These major companies aimed to intensify their position in the fully developed markets of North America and Europe and on enter the up-and-coming stretch sleeve & shrink markets of the Middle East and Asia-Pacific region. They invested significantly to get hold of stretch & shrink sleeve label businesses of regional areas as well as establish major market players to strengthen their market position in those regions.

Stretch Sleeve & Shrink Sleeve Labels Market: Competitive players

The key players of the global stretch sleeve & shrink labels market are

• Berry Plastics Group Inc.
• CCL Industries
• Cenveo
• Inc.
• Huhtamaki OYJ
• Klockner Pentaplast Group
• The Dow Chemical Company
• Fuji Seal International Inc.
• Hammer Packaging
• Macfarlane Group
• Sleeveco.

The Global Stretch Sleeve & Shrink Sleeve Labels Market segments are as follows:

The Global Stretch Sleeve & Shrink Sleeve Labels Market is segmented as follows:

By Polymer film

• PVC
• PETG
• OPS
• PE
• Others

By Application

• Food
• Wine & Spirit
• Other Beverages
• Beauty & Personal care
• Healthcare
• Others

By Printing technology

• Gravure
• Flexography
• Digital printing

By Ink

• Water based
• Solvent based
• UV

Global Stretch Sleeve & Shrink Sleeve Labels Market: Regional Segment Analysis

• North America

  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

What Report Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonies to companies in order to fortify their foothold in the market.