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Shrink Sleeve Label Trends and Forecast
The future of the global shrink sleeve label market looks promising with opportunities in the food & beverage, pharmaceutical, and personal care markets. The global shrink sleeve label market is expected to reach an estimated $23.8 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are increasing demand for products with extended shelf-life and rising need for high-quality packaging.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Shrink Sleeve Label by Segment
The study includes a forecast for the global shrink sleeve label by type, material, application, and region.
Shrink Sleeve Label Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Stretch
• Shrink
Shrink Sleeve Label Market by Material [Shipment Analysis by Value from 2018 to 2030]:
• Polyvinyl Chloride
• Polyethylene Terephthalate Glycol
• Expanded Polystyrene Films
• Polyethylene
• Polylactic Acid Films
Shrink Sleeve Label Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Food & Beverage
• Pharmaceuticals
• Personal Care
• Others
Shrink Sleeve Label Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Shrink Sleeve Label Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies shrink sleeve label companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the shrink sleeve label companies profiled in this report include-
• Bemis
• Berry Plastic
• Klockner Pentaplast
• Amcor
• Schur Flexibles
• Cenveo
• Taghleef Industries
Shrink Sleeve Label Market Insights
Lucintel forecasts that shrink will remain the larger segment over the forecast period due to its ability to print on a 360 degree surface and can be adapted according to any complicated shape in the finished product.
Within this market, food & beverage will remain the largest segment due to significant use of shrink sleeve label in packaging of different alcoholic beverages and contemporary beverage goods.
North America will remain the largest region over the forecast period due to rapid expansion of e-commerce sector and presence of key players in the region.
Features of the Global Shrink Sleeve Label Market
Market Size Estimates: Shrink sleeve label market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Shrink sleeve label market size by type, material, application, and region in terms of value ($B).
Regional Analysis: Shrink sleeve label market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, materials, applications, and regions for the shrink sleeve label market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the shrink sleeve label market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the shrink sleeve label market size?
Answer: The global shrink sleeve label market is expected to reach an estimated $23.8 billion by 2030.
Q2. What is the growth forecast for shrink sleeve label market?
Answer: The global shrink sleeve label market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the shrink sleeve label market?
Answer: The major drivers for this market are increasing demand for products with extended shelf-life and rising need for high-quality packaging.
Q4. What are the major segments for shrink sleeve label market?
Answer: The future of the shrink sleeve label market looks promising with opportunities in the food & beverage, pharmaceutical, and personal care markets.
Q5. Who are the key shrink sleeve label market companies?
Answer: Some of the key shrink sleeve label companies are as follows:
• Bemis
• Berry Plastic
• Klockner Pentaplast
• Amcor
• Schur Flexibles
• Cenveo
• Taghleef Industries
Q6. Which shrink sleeve label market segment will be the largest in future?
Answer: Lucintel forecasts that shrink will remain the larger segment over the forecast period due to its ability to print on a 360 degree surface and can be adapted according to any complicated shape in the finished product.
Q7. In shrink sleeve label market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rapid expansion of e-commerce sector and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the shrink sleeve label market by type (stretch and shrink), material (polyvinyl chloride, polyethylene terephthalate glycol, expanded polystyrene films, polyethylene, and polylactic acid films), application (food & beverage, pharmaceuticals, personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Shrink Sleeve Label Market, Shrink Sleeve Label Market Size, Shrink Sleeve Label Market Growth, Shrink Sleeve Label Market Analysis, Shrink Sleeve Label Market Report, Shrink Sleeve Label Market Share, Shrink Sleeve Label Market Trends, Shrink Sleeve Label Market Forecast, Shrink Sleeve Label Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Shrink Sleeve Label Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Shrink Sleeve Label Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Shrink Sleeve Label Market by Type
3.3.1: Stretch
3.3.2: Shrink
3.4: Global Shrink Sleeve Label Market by Material
3.4.1: Polyvinyl Chloride
3.4.2: Polyethylene Terephthalate Glycol
3.4.3: Expanded Polystyrene Films
3.4.4: Polyethylene
3.4.5: Polylactic Acid Films
3.5: Global Shrink Sleeve Label Market by Application
3.5.1: Food & Beverage
3.5.2: Pharmaceuticals
3.5.3: Personal Care
3.5.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Shrink Sleeve Label Market by Region
4.2: North American Shrink Sleeve Label Market
4.2.2: North American Shrink Sleeve Label Market by Application: Food & Beverage, Pharmaceuticals, Personal Care, and Others
4.3: European Shrink Sleeve Label Market
4.3.1: European Shrink Sleeve Label Market by Type: Stretch and Shrink
4.3.2: European Shrink Sleeve Label Market by Application: Food & Beverage, Pharmaceuticals, Personal Care, and Others
4.4: APAC Shrink Sleeve Label Market
4.4.1: APAC Shrink Sleeve Label Market by Type: Stretch and Shrink
4.4.2: APAC Shrink Sleeve Label Market by Application: Food & Beverage, Pharmaceuticals, Personal Care, and Others
4.5: ROW Shrink Sleeve Label Market
4.5.1: ROW Shrink Sleeve Label Market by Type: Stretch and Shrink
4.5.2: ROW Shrink Sleeve Label Market by Application: Food & Beverage, Pharmaceuticals, Personal Care, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Shrink Sleeve Label Market by Type
6.1.2: Growth Opportunities for the Global Shrink Sleeve Label Market by Material
6.1.3: Growth Opportunities for the Global Shrink Sleeve Label Market by Application
6.1.4: Growth Opportunities for the Global Shrink Sleeve Label Market by Region
6.2: Emerging Trends in the Global Shrink Sleeve Label Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Shrink Sleeve Label Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Shrink Sleeve Label Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Bemis
7.2: Berry Plastic
7.3: Klockner Pentaplast
7.4: Amcor
7.5: Schur Flexibles
7.6: Cenveo
7.7: Taghleef Industries
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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