openPR Logo
Press release

Shrink Sleeve Labels Market 2018-2023 Expected to Grow at CAGR of 6.5% during 2017-2023 | Berry Global, Inc. (U.S.), Bonset America Corporation (U.S.), CCL Industries Inc. (Canada), Fuji Seal International, Inc. (Japan), Huhtamäki Oyj (Finland) and More

03-23-2018 12:01 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Shrink Sleeve Labels Market 2018-2023 Expected to Grow at CAGR

Global Shrink Sleeve Labels Market Information by Type (Stretch, and Shrink), Material (PVC, PET-G, Expanded Polystyrene Films, PE, Polylactic Acid Films, and others), Application (Food & Beverage, Pharmaceuticals, Personal Care, and others) and region - Forecast to 2022

The key drivers for the growth of shrink sleeve labels market are its properties such as flexibility and added capabilities. The unique feature that sets it apart is tamper-evident packaging. Shrink sleeve labels are one of the most durable and ideal labels for products. The advantages of this particular market are 360 degree, design coverage, full color, abrasion, moisture resistance and wide capability. Shrink sleeve labels ensure protection from UV radiation. One of the biggest challenges of this particular market is recycling of the bottles they use it.

The competition in the labeling industry is growing due to continuous demand. Shrink sleeve labels are widely used in food and beverages, pharmaceuticals and personal care packaging industries. Labeling can have a strong impact on the buying decisions of customers. A colorful cover with quality labeling can attract customers. The Asia-Pacific region accounted for the fastest growing share in terms of value followed by North America and Europe. The Asia-Pacific region has developed significantly in the shrink sleeve & stretch sleeve labels market, with the fastest market growth happening in the regions of India and China. The region is marked with increasing demand for packaged food, easy availability of polymer films, and low labor cost. The global shrink sleeve label market is expected to cross 14 Billion growing at a CAGR of approximately 6% by the end of 2022.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/1785

Regional Analysis of Global Shrink Sleeve Labels Market

The Asia-Pacific region is the fastest growing market for global shrink sleeve labels, followed by North America and Europe. The Asia- Pacific region has developed significantly in the shrink sleeve & stretch sleeve labels market, especially countries like India and China.The region offers a lucrative market to packaging and labelling manufacturers due to changing market dynamics and economic development. The region has seen increased consumption of packaged food & beverages items along with healthcare awareness.This induces the demand for such labels from both food & beverages and pharmaceutical industries.

Key Players

The key players of global shrink sleeve labels market report includeBerry Plastics Corporation, Bonset America Corporation,CCL Industries Inc., Fuji Seal International Inc., Huhtamaki OYJ, Hammer Packaging Corp., KlocknerPentaplastCorp.,MacFarlane Group UK Ltd,, Polysack Ltd, Paris Art Label Company Inc. and others.

Access Full Report@ https://www.marketresearchfuture.com/reports/shrink-sleeve-labels-market-1785

Industry News

In March 2016, Coveris S.A., announces the acquisition of leading label manufacturer Supraplast. Supraplast is an industry-recognized leader in printing technology with a broad product offering that includes shrink sleeves, self-adhesive labels, safety seals, PVC and PET shrink films.

In May 2017, Multi Packaging Solutions International complete the acquisition of Paris Art Label Company, Inc., a manufacturer of labels and shrink sleeve products to the branded consumer marketplace in the US.

Shrink Sleeve Labels Market - Segmentation

Global Shrink Sleeve Labels Market is segmented in to three key dynamics for an easy grasp and enhanced understanding.

On the basis of type, the market has been segmented as Stretch, and Shrink. Shrink dominates the type segment of the market. Shrink sleeve labels have extreme shrinkage properties and are suitable for all shapes of products. They are cheap and provide high-quality graphics, which has increased their demand. Moreover, they have premium print quality and innovative and aesthetic appeal which improves the appearance of consumer goods.

Based on material, the market has been segmented into PVC, PET-G, Expanded Polystyrene Films, PE, Polylactic Acid Films, and others.
On the basis of application, the market has been segmented into Food & Beverage, Pharmaceuticals, Personal Care, and others. Food & Beverages dominates the application segment of the market. Growing demand of processed and packaged food across the globe driving the demand of the market. The Pharmaceuticals sector is anticipated to register highest growth rate during the forecast period.

Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

Table Of Contents :

1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain Of Global Shrink Sleeve Labels Market

Continue..

LIST OF TABLES

Table 1 World Population By Major Regions (2015 To 2030) (Million)
Table 2 Global Shrink Sleeve Labels Market: By Region, 2014-2022 (Usd Million)
Table 3 Global Shrink Sleeve Labels Market: By Region, 2014-2022 (Kt)
Table 4 North America Shrink Sleeve Labels Market: By Country, 2014-2022 (Usd Million)
Table 5 Europe Shrink Sleeve Labels Market: By Country, 2014-2022 (Usd Million)
Table 6 Asia-Pacific Shrink Sleeve Labels Market: By Country, 2014-2022 (Usd Million)

Continue..

LIST OF FIGURES

FIGURE 1 Global Shrink Sleeve Labels Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Shrink Sleeve Labels Market
FIGURE 4 Value Chain Of GlobalShrink Sleeve Labels Market
FIGURE 5 Share Of Global Shrink Sleeve Labels Market In 2014, By Country (In %)
FIGURE 6 GlobalShrink Sleeve Labels Market, 2015-2022, (USD Billion)

Continue..

About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Media Contact:
Market Research Future
Pune – 411028
Maharashtra, India
Phone No. :+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Shrink Sleeve Labels Market 2018-2023 Expected to Grow at CAGR of 6.5% during 2017-2023 | Berry Global, Inc. (U.S.), Bonset America Corporation (U.S.), CCL Industries Inc. (Canada), Fuji Seal International, Inc. (Japan), Huhtamäki Oyj (Finland) and More here

News-ID: 990387 • Views:

More Releases from Market Research Future

Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing Your Business with Market Size
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics. The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reaching USD 2.4 billion by 2030
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more. The Palm Methyl Ester Derivative Market Size was valued at USD 1.5
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 2032: Analysis by Segmentation, Competitors Analysis
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences. Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by Segmentation, Competitors Analysis
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further. APAC Wallpaper Market Size was valued at USD 0.55

All 5 Releases


More Releases for Shrink

Heat Shrink And Cold Shrink Tube Market Is Active Approaching | TongJin, Yamuna …
Report Ocean released a report that presents a detailed analysis of the Global Heat Shrink And Cold Shrink Tube Market, along with insights into key factors which drive the market. The report is a comprehensive and systematic analysis of the market, providing key statistics on market developments, analyst opinions, competitive landscapes, and regional analysis, among other factors. This report presents a comprehensive and expert analysis of key business trends and market
Stretch Sleeve and Heat Shrink Labels Market - Demand for Shrink Sleeve Labels t …
In line with the packaging and labeling industry, the stretch sleeve and heat shrinks labels is witnessing a tremendous surge across the world. The rising base of the global population, increasing disposable incomes and the purchasing power of people in emerging economies, escalating preference for packaged food, and the augmenting trend of urbanization are the key factors, which are driving the growth of the worldwide market for stretch sleeves and
Global Heat Shrink and Cold Shrink Tube Market 2017 By top players - 3M, Shrink …
A recent Heat Shrink and Cold Shrink Tube market research report was recently added by Big Market Research. It is a comprehensive analysis of the Heat Shrink and Cold Shrink Tube industry and offers useful insights such as market share, size and growth. The current trends, growth opportunities and challenges in the Heat Shrink and Cold Shrink Tube industry is highlighted. The factors that influence the growth of the Heat
Shrink Packaging Market Report - By Shrink Film Materials, Shrink Film Types, Ap …
DecisionDatabases.com offers Shrink Packaging Market Research Report. This Report covers the complete Industry Outlook, Growth, Size, Share and Forecast Till 2021. Shrink packaging are those high-grade stretchable polythene films, which upon application of heat, shrink and tightly cover the objects over which they are placed. Shrink packaging are designed to have special chemical as well as physical properties. Such as these films are also moisture-resistant, which makes them a suitable packaging
Global Heat Shrink Packaging Machines Market 2017 : Swift Pack, Sontex, Xunjie, …
A market study based on the "Heat Shrink Packaging Machines Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Heat Shrink Packaging Machines Market 2017’. The research report analyses the historical as well as present performance of the worldwide Heat Shrink Packaging Machines industry, and makes predictions on the future status of Heat Shrink Packaging Machines market on the basis of this analysis. Get Free
Cable Joints Kits, Cable Joint Kits, Heat Shrink Tubing, Heat shrink Tube, cable …
Yamuna Power & Infrastructure Ltd is professionally managed by experienced and qualified personals. Yamuna Power & Infrastructure Ltd. was established in 1973 with Corporate Office in Delhi. Our products are in conformance with various standards such as IS, BS, IEC, DIN, VDE, Cenelec etc. We committed to supply world class products which not only meet the required standard and its stipulated values but surpasses them with ease. Yamuna Power &