The Stretch Sleeve & Shrink Sleeve Label Market is predicted to witness significant demand during the forecast period owing to it’s increasing use in various applications such as Food & Beverages, Pharmaceuticals, Personal Care & Home Care, Chemicals, and Others.
Global stretch sleeve & shrink sleeve label market is expected to grow during the forecast period due to rapid urbanization across the globe and preference of consumers towards packed food, owing to the increasing disposable income of consumers across the globe.
Segment Analysis:
There are two types of sleeve labels, namely, shrink labels and stretch labels. Shrink sleeve is made of polymer plastic film. These shrink tightly over any container of any shape or size when the heat is applied. Stretch sleeves, on the other hand, are naturally elastic and hold containers firmly without the need for applying heat or adhesives.
Sleeve labels are used widely in the packaging industry in food & beverages, pharmaceuticals, personal care & home care, chemicals, and others. These labels increase the aesthetic appeal and information of the packaged product.
Increasing awareness among customers about wastage and recycling due to which consumers are opting for recycled labels is driving the global stretch sleeve & shrink sleeve label market. However, the availability of cheaper and close substitutes and eco-friendly and bio-degradable labels can hamper the market growth.
Key Factors Impacting Market Growth:
- Anti-counterfeiting and tamper-evident features
- Change in preferences of consumer towards packaged products
- Conforms any type of shape and size
- Rising demand from the labeling industry
Regional Analysis:
The stretch sleeve & shrink sleeve label market by region has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America, Western Europe, and Asia Pacific are estimated to be major regions for stretch sleeve & shrink sleeve label market during the forecast period. The high growth of supply chain activities to cater various industries and development of packaging solutions is key to the growth of stretch sleeve & shrink sleeve label market in this region. In addition to this development of cold chain systems to cater perishable goods and government regulations on packaging waste disposal is also governing the demand for stretch sleeve & shrink sleeve label market in this region. Major industry applications in these regions are food & beverages, pharmaceuticals, personal care & home care, chemicals, and others. The Asia Pacific amongst this with increasing trade activities and industrial growth is estimated to be one of the fastest-growing markets during the forecast period. Middle East region promises a strong market potential during the forecast period. The diversification of economic activities leading to industrial growth is key to the demand for stretch sleeve & shrink sleeve label market in this region. South America and Africa are emerging regions in terms of market demand during the forecast period.
Companies Covered: 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, and Sleeveco
Market Segmentation:
By Material Type:
- Polyvinyl Chloride
- Oriented Polystyrene
- Polypropylene
- Polythene Terephthalate Glycol
- Others
By Product Type:
- Stretch Sleeves
- Shrink Sleeves
By Printing Technology:
- Digital
- Rotogravure Printing
- Offset Printing
- Flexographic Printing
- Letterpress Printing
By Application:
- Food & Beverages
- Pharmaceuticals
- Personal Care & Home Care
- Chemicals
- Others
By Region:
- North America
- By Country (US, Canada, Mexico)
- By Material Type
- By Product Type
- By Printing Technology
- By Application
- Western Europe:
- By Country (Germany, UK, France, Spain, Rest of Western Europe)
- By Material Type
- By Product Type
- By Printing Technology
- By Application
- Eastern Europe:
- By Country (Russia, Turkey, Rest of Eastern Europe)
- By Material Type
- By Product Type
- By Printing Technology
- By Application
- Asia Pacific
- By Country (China, Japan, India, Rest of Asia Pacific)
- By Material Type
- By Product Type
- By Printing Technology
- By Application
- Middle East:
- By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
- By Material Type
- By Product Type
- By Printing Technology
- By Application
- Rest of the World
- By Region (Latin America, Brazil, Rest of the World)
- By Material Type
- By Product Type
- By Printing Technology
- By Application
Reasons to Buy This Report:
- Market size estimation of the global stretch sleeve & shrink sleeve label market on a regional and global basis
- The unique research design for market size estimation and forecast
- Profiling of major companies operating in the market with key developments
- Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet specific requirements:
- By Segment
- By Sub-segment
- By Region/Country
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