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Shrink Sleeve Labels Market - Recent Analysis of Industry Trends and Technological Improvements For 2024

08-02-2018 11:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Shrink sleeves are one of the most durable and ideal labels for products that are exposed to severe moisture and friction. The major benefits in favor of shrink sleeve labels are 360 degree design coverage, full color, abrasion and moisture resistance, and wide compatibility.

Based on the type of appearance, the global shrink sleeve labels market can segmented as follows:

Full Body Labels
Combo Pack Labels
Tamper Evident Labels
Shrink Sleeve Can Labels

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Full body labels cover and fit the entire surface of the container, they adhere tightly to its contour and allows its whole surface to be covered as well as decorated from top to bottom. In order to offer an opportunity to re-brand the product, full body printed shrink sleeves can easily give an old product an updated appearance. Compared to smaller labels, full body shrink sleeve labels ensure protection from UV radiation, and hence the market is expected to increase.

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To pack two containers together, combo pack labels can be used, these kind of labels are used for promotional products and to package multiple containers together with the aim of offering it as a single product. Tamper evident labels are generally printed with safety-seal text or warning messages. Overall, use of tamper-evident bands advertises the impression of security, that the product has been maintained throughout the distribution process.

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Due to the presence of a large number of big and small firms, the global shrink sleeve labels market is marked with powerful competition. New product launches or rebranding and innovation are the key strategies followed by market players to ensure their stability as well as growth in the market.

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