Shrink and Stretch Sleeve Labels Market 2022 Analysis by Top Manufacturers- Ê- Bemis Company, Berry Plastic Group Inc., Klockner Pentaplast Group, Amcor PLC

The Shrink and Stretch Sleeve Labels  market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue and forecast 2028. This report also includes the overall and comprehensive study of the Shrink and Stretch Sleeve Labels market with all its aspects influencing the growth of the market. This report is an exhaustive quantitative analysis of the Shrink and Stretch Sleeve Labels industry and provides data for making strategies to increase market growth and effectiveness.

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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 2027, at a CAGR of 6.52% over the forecast period 2022 - 2027

Markets Segmentation:

Top leading Companies Profiled in Shrink and Stretch Sleeve Labels Market Report are Ê- Bemis Company_, Berry Plastic Group Inc., Klockner Pentaplast Group, Amcor PLC_, Clondalkin Group Holdings BV_, Huhtamaki Oyj_, Schur Flexibles _, Cenveo Group _, Taghleef Industries _

News and Updates

- July 2022 - 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 2022 - Far Eastern New CenturyÕs (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.

Market Overview

In the last couple of decades, the labeling and packaging industry has experienced extensive product innovation. Sleeve label is one of those innovative products that has continually gained traction in the packaging landscape. Sleeve labels are colorful wraparounds around containers creating a greater aesthetic appeal.

- These are basically of two types - Shrink Sleeve Labels and Stretch Sleeve Labels. Shrink Sleeve Labels Market are extremely popular in the market and has been readily accepted by the packaging industry. Shrink Sleeve Labels Market easily adapt to the shape of the container giving it higher product visibility and consumer appeal.

- Stretch sleeve labeling is ready-to-use and can easily conform to containers of different shapes. In addition to the characteristics of providing a greater aesthetic appeal, it is eco-friendly. Stretch labels come with zero adhesiveness or heat and rely only on their elasticity to hold the container's shape. As compared to the standard shrink sleeve technology, stretch Sleeve Labels are more cost-effective, and this is expected to positively impact its demand in the future.

- The downside to stretch sleeve labeling is that the application rate is much slower than shrink sleeve labeling, typically less than 150 containers per minute. Shrink sleeve labels are an ideal fit for container package labeling, where the product is generally packed at higher throughput rates of up to 800 containers per minute.

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

- 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.

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Key Takeaways from Shrink and Stretch Sleeve Labels Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Shrink and Stretch Sleeve Labels market - key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance - Shrink and Stretch Sleeve Labels market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Shrink and Stretch Sleeve Labels

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In conclusion, the Shrink and Stretch Sleeve Labels market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Shrink and Stretch Sleeve Labels Industry business competitors. Our expert research analyst's team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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