The Stretch Sleeve And Shrink Sleeve Labels Global Market Report 2023, provides comprehensive information on the stretch sleeve and shrink sleeve labels market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Stretch Sleeve And Shrink Sleeve Labels Market’s Growth:
As per The Business Research Company’s Stretch Sleeve And Shrink Sleeve Labels Global Market Report 2023, the global stretch sleeve and shrink sleeve labels market size is expected to grow from $13.58 billion in 2022 to $14.59 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global stretch sleeve and shrink sleeve labels market size is expected to reach $18.63 billion in 2027 at a CAGR of 6.3%.
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Product innovations are a key trend gaining popularity in the stretch sleeve and shrink sleeve label market. Companies operating in the stretch sleeve and shrink sleeve label market are adopting innovative solutions to sustain their position in the market. For instance, in January 2023, CCL Industries Inc., a Canada-based company that manufactures the largest label, launched a stretch sleeve with a 30-micron thickness. This ultra-thin stretch sleeve was designed to provide ultra durability and is much thinner at 30 microns than the ‘standard’ 45-micron sleeves. This uses less raw material which helps lower the product’s carbon footprint.
The stretch sleeve and shrink sleeve labels market is segmented:
1) By Type: Shrink Sleeve, Stretch Sleeve
2) By Polymer Film: Poly Vinyl Chloride (PVC), Polyethylene terephthalate glyco (PETG), Oriented Polystyrene (OPS), Polyethylene (PE), Other Polymer Films
3) By Embellishing Type: Hot Foil, Cold Foil, Other Embellishing Type
4) By Printing Technology: Rotogravure, Flexography, Digital Printing, Other Printing Technology
5) By Application: Food, Soft Drinks, Alcoholic Drinks, Cosmetics And Household, Pharmaceutical, Other Applications
Asia-Pacific was the largest region in the stretch sleeve and shrink sleeve labels market in 2022.
Top Major Players
Berry Global Inc.,
CCL Industries Inc.,
Huhtamäki Oyj,
Klöckner Pentaplast,
Fuji Seal International Inc
The table of contents in TBRC’s stretch sleeve and shrink sleeve labels market report includes:
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List Of Tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Stretch Sleeve & Shrink Sleeve Labels Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Stretch Sleeve & Shrink Sleeve Labels Market, Segmentation By Polymer Film, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Stretch Sleeve & Shrink Sleeve Labels Market, Segmentation By Embellishing Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 48: Berry Global Inc. Financial Performance
Table 49: CCL Industries Inc. Financial Performance
Table 50: Huhtamäki Oyj Financial Performance
Table 51: Klöckner Pentaplast Financial Performance
Table 52: Fuji Seal International Inc Financial Performance
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