Report Feature
Stretch Sleeve & Shrink Sleeve Label Market Trends and Forecast
The future of the stretch sleeve & shrink sleeve label market looks promising with opportunities in the food, soft drink, alcoholic drink, cosmetic & household, and pharmaceutical markets. The global stretch sleeve & shrink sleeve label market is expected to reach an estimated $19.0 billion by 2028 with a CAGR of 6.3% from 2023 to 2028. The major drivers for this market are growing demand for polymer films and anti-counterfeiting features and escalating need for packaging materials that are biodegradable, low-density, and environmentally friendly.
Stretch Sleeve & Shrink Sleeve Label Market by Segment
The study includes a forecast for the global stretch sleeve & shrink sleeve label market by product type, material, end use industry, and region, as follows:Stretch Sleeve & Shrink Sleeve Label Market by Product Type [Shipment Analysis by Value from 2017 to 2028]:
- Shrink Sleeve
- Stretch Sleeve
Stretch Sleeve & Shrink Sleeve Label Market by Material [Shipment Analysis by Value from 2017 to 2028]:
- PVC
- PET
- PE
- OPP & OPS
- Others
Stretch Sleeve & Shrink Sleeve Label Market by End Use Industry [Shipment Analysis by Value from 2017 to 2028]:
- Food
- Soft Drinks
- Alcoholic Drinks
- Cosmetics & Household
- Pharmaceutical
- Others
Stretch Sleeve & Shrink Sleeve Label Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Stretch Sleeve & 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 stretch sleeve & shrink sleeve label companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the stretch sleeve & shrink sleeve label companies profiled in this report include:- Berry Plastic
- Klockner Pentaplast
- Bemis Company
- Taghleef Industries
- Amcor
Stretch Sleeve & Shrink Sleeve Label Market Insights
- Lucintel forecasts that PVC will remain the largest segment over the forecast period due to the increasing usage of PVC sleeve labels in various end use industries because to their affordability, better dimensional stability, and sustainability.
- Food is expected to remain the largest segment due to the wide application of these printed labels on food products because of their tamper-evident feature and high-quality visuals and text on these labels for branding purposes.
- APAC will remain the largest region due to the huge demand for packaged foods among population, widespread availability of affordable polymer films, and on-going urbanization in the region.
Features of the Stretch Sleeve & Shrink Sleeve Label Market
- Market Size Estimates: Stretch sleeve & shrink sleeve label market size estimation in terms of value.
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Stretch sleeve & shrink sleeve label market size by various segments, such as by product type, material, end use industry, and region
- Regional Analysis: Stretch sleeve & shrink sleeve label market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different by product type, material, end use industry, and regions for the stretch sleeve & shrink sleeve label market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the stretch sleeve & shrink sleeve label market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the stretch sleeve & shrink sleeve label market size?Answer: The global stretch sleeve & shrink sleeve label market is expected to reach an estimated $19.0 billion by 2028.
Q2. What is the growth forecast for stretch sleeve & shrink sleeve label market?
Answer: The global stretch sleeve & shrink sleeve label market is expected to grow with a CAGR of 6.3% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the stretch sleeve & shrink sleeve label market?
Answer: The major drivers for this market are growing demand for polymer films and anti-counterfeiting features and escalating need for packaging materials that are biodegradable, low-density, and environmentally friendly.
Q4. What are the major segments for stretch sleeve & shrink sleeve label market?
Answer: The future of the stretch sleeve & shrink sleeve label market looks promising with opportunities in the food, soft drink, alcoholic drink, cosmetic & household, and pharmaceutical markets.
Q5. Who are the key stretch sleeve & shrink sleeve label companies?
Answer: Some of the key stretch sleeve & shrink sleeve label companies are as follows:
- Berry Plastic
- Klockner Pentaplast
- Bemis Company
- Taghleef Industries
- Amcor
Answer: Lucintel forecasts that PVC will remain the largest segment over the forecast period due to the increasing usage of PVC sleeve labels in various end use industries because to their affordability, better dimensional stability, and sustainability.
Q7. In stretch sleeve & shrink sleeve label market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to the huge demand for packaged foods among population, widespread availability of affordable polymer films, and on-going urbanization in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Stretch Sleeve & Shrink Sleeve Label Market
6.1.1 Growth Opportunities for the Global Stretch Sleeve & Shrink Sleeve Label Market by Product Type
6.1.2 Growth Opportunities for the Global Stretch Sleeve & Shrink Sleeve Label Market by Material
6.1.3 Growth Opportunities for the Global Stretch Sleeve & Shrink Sleeve Label Market by End Use Industry
6.1.4 Growth Opportunities for the Global Stretch Sleeve & Shrink Sleeve Label Market by Region
Methodology
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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Key Questions
- • What are some of the most promising, high-growth opportunities for the stretch sleeve & shrink sleeve label market by product type (shrink sleeve and stretch sleeve), material (PVC, PET, PE, OPP & OPS, and others), end use industry (food, soft drinks, alcoholic drinks, cosmetics & household, pharmaceutical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- • Which segments will grow at a faster pace and why?
- • Which region will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- • What are the business risks and competitive threats in this market?
- • What are the emerging trends in this market and the reasons behind them?
- • What are some of the changing demands of customers in the market?
- • What are the new developments in the market? Which companies are leading these developments?
- • Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- • 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?
- • 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 stretch sleeve & shrink sleeve label market or related to stretch sleeve & shrink sleeve label companies, stretch sleeve & shrink sleeve label market size, stretch sleeve & shrink sleeve label market share, stretch sleeve & shrink sleeve label analysis, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
