Market Research Future Insights

According to MRFR analysis, the global Shrink Sleeve Labels market is expected to register a CAGR of ~6.4% from 2022 to 2030 and hold a value of over USD 27.9 Billion by 2030.

Shrink sleeve labels are plastic labels that are applied to containers by heat shrinking the label to fit tightly around the container. They are commonly used in the packaging of beverages, foods, and consumer goods to provide branding, tamper-evidence, and product information. The global shrink sleeve labels market refers to the production and sales of these labels worldwide. The easiest and best labels for products exposed to a lot of wetness and friction are shrink sleeve labels. It contains 360-degree printed labels that use heat during the application process to mould the label to the contour of the container, is printed in full colour, and has abrasion and moisture resistance. The labels are frequently applied to glass, plastic, or aluminium cans and are normally printed on polyester or plastic material.

The COVID-19 pandemic has had a significant impact on the shrink sleeve labels market. The pandemic has disrupted supply chains, leading to raw material shortages and delays in the production and delivery of shrink sleeve labels. In addition, the closure of businesses and reduced consumer spending has resulted in a decrease in demand for shrink sleeve labels, particularly in the food and beverage industry.

Regional Analysis

Region-wise, the global shrink sleeve labels market has been segmented into North America, Europe, Asia Pacific, and the rest of the world. 

The Asia Pacific region has undergone notable changes in the shrink sleeve & stretch sleeve label market, with the highest market growth occurring in economies such as China, India, and Japan, among others. These countries are currently witnessing an increasing demand for packaged food. Furthermore, the high availability of polymer films and low labor costs are creating a lucrative market for the shrink sleeve market in this region.

Market Segmentation

By item Shrink sleeve: flexible sleeves

Through the use of printing: Gravure, Flexography, Inkjet printing, Using water-based in, Solvent-based UV

By using decorative type: oil Heated foil foil

PVC, as a material: Among all the materials offered in the market for shrink sleeve labels, PET PE OPP OPS PO PLA PVC holds the highest share. This is due to the items' cost-effectiveness when compared to other materials on the mark

By customers: Food and beverage businesses Alcoholic beverages

pharmaceutical industry and the cosmetics sector.

key players

Some of the key factors include are  Company Bemis, Group Berry Plastic Group Klockner Pentaplast,

Holdings of the Clondalkin group, Amcor PLC, Oyj Huhtamaki, flexibles Schur, Group Cenveo, Industries Taghleef 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

 MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 Contact:

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com