Shrink and Stretch Sleeve Labels Market Strategic Assessment, Growth Analysis and Research Outlook 2021-2025| Exxon Mobil Corporation, Eastman Chemicals

The Shrink and Stretch Sleeve Labels Market research report added by MarketInsightsReports is an in-depth analysis of the latest trends, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market introduction, Shrink and Stretch Sleeve Labels Market definition, regional market scope, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Shrink and Stretch Sleeve Labels Market size forecast, 100+ market data, Tables, Pie Chart, Graphs and Figures, and many more for business intelligence. This research report also provides post COVID-19 impact analysis of the Shrink and Stretch Sleeve Labels industry.

The shrink and stretch sleeve labels market was valued at USD 10.37 billion in 2019 and is expected to reach USD 15.55 billion by 2025, at a CAGR of 6.52% over the forecast period 2020 - 2025.

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Top Companies in the Global Shrink and Stretch Sleeve Labels Market: –
Exxon Mobil Corporation, Eastman Chemicals, Lyondell Basell, The Dow Chemical Company, Celanese Corporation, Indorama Group, LG Chem Limited, Carmel Olefins Limited, Borealis Group, Nova Chemicals, SABIC Group

Regional Analysis:
Furthermore, to broaden the understanding, researchers have studied the global Shrink and Stretch Sleeve Labels market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.

Shrink and Stretch Sleeve Labels Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.

Industry news and Development:

- July 2020 - CCL Label introduced EcoFloat TD shrink sleeve material engineered to improve the float separation process for PET bottle recycling. The new technology has been approved by the European PET Bottle Platform (EPBP). EcoFloat has been developed to enable the packaging industry to meet recycling targets and to support sustainability.

- February 2020 - Far Eastern New Century’s (FENC) Top Green heat-shrink PET film for shrink sleeve labels was recognized by the Association of Plastic Recyclers for meeting or exceeding the requirements of its Critical Guidance Protocol for Clear PET Articles with Labels and Closures.

- In April 2019 - Eastman launched two APR-approved recyclable shrink-sleeve label resins. Both Embrace Encore and Embrace Float have received the Critical Guidance recognition of APR. Both uses shrink labels that can be recycled easily.

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Key Market Trends

Demand to Increase On-Shelf Appeal of Various Products is Expected to Drive Growth

- Sleeve labels have the advantage over conventional label types in making a product stand out to consumers. Stretch and shrink sleeve labels have enhanced the versatility of conveying brand and safety messaging for packaging designers and brand owners. A sleeve label is applied to a package in multiple ways, from covering just the shoulders or the cap of a container to full-body, 360-degree coverage.

- Extra coverage provided by full-body shrink sleeves ensures space for colorful and eye-catching designs. Full-body sleeves equip product and brand owners with more space to communicate with both current and prospective customers. With tight labeling regulations for both food and pharmaceutical products in place or on the way, having extra space to conform to regulatory standards while maintaining a product’s ability to reach out to consumers is expected to heighten the importance of sleeve labels.

Asia Pacific is Expected to be the Fastest Growing Market

- The Asia-Pacific region has emerged as a significant shrink sleeve & stretch sleeve labels market, primarily driven by India and China's emerging economies. The major driving forces in the Asia-Pacific region include rising urbanized populations, increasing demand for packaged food, easy availability of polymer films, and relatively low labor cast.

- A price-sensitive market like South-East Asia is expected to be a major growth area for the use of shrink and stretch sleeves that are cost-effective solutions for decorating containers with highly complex shapes. Moreover, the easy availability of polymer films and low labor cost is further boosting the market growth.

Following are major Table of Content of Shrink and Stretch Sleeve Labels Industry:

Shrink and Stretch Sleeve Labels Market Sales Overview.
Shrink and Stretch Sleeve Labels Market Sales Competition by Manufacturers.
Shrink and Stretch Sleeve Labels Market Sales Analysis by Region.
Shrink and Stretch Sleeve Labels Market Sales Analysis by Type.
Shrink and Stretch Sleeve Labels Market Analysis by Application.
Shrink and Stretch Sleeve Labels Market -Manufacturers Analysis.

Reasons to Invest:

Market Size Forecasts: The authors of the report have provided accurate estimation of the global Shrink and Stretch Sleeve Labels market size based on value and volume
Market Trend Analysis: This section of the report throws light on the approaching trends and developments in the global Shrink and Stretch Sleeve Labels market
Future Prospects: The report here offers crucial information on the rewarding opportunities in the global Shrink and Stretch Sleeve Labels market

Shrink and Stretch Sleeve Labels market report allows an understanding of the market and benefits from any lucrative opportunities that are available. Researchers have offered a comprehensive study of the existing market scenario while concentrating on the new business objectives. There is a detailed analysis of the change in customer requirements, customer preferences and the vendor landscape of the overall market.

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