Shrink Sleeve Labels Market 2020 Global Analysis, Segments, Size, Share, Industry Growth and Recent Trends by Forecast to 2027
Research Reports
Mar 11, 2022
Market Analysis
The Shrink Seeve Labels Market, according to the new MRFR analysis, will develop at a 6.5?GR between 2020- 2027. Shrink sleeves are plastic/polyester labels that are wrapped on the entire perimeter of the object/product.
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Numerous factors are adding to the share and revenue of the market. As per the MRFR report, these factors comprise developing manufacturing and retail sector, burgeoning need for shrink label and stretch sleeve labels, surging need for pharmaceutical products, increased investments in the packaging sectors by companies to improve technology, on-shelf appeal, brand competitiveness, and cost-efficiency.
On the contrary, growing awareness regarding packaging items that are eco-friendly, bio-degradable, and have low density, availability of cost-effective alternatives such as pressure-sensitive labels & self-adhesive, and the impact of the on-going COVID-19 outbreak may impede the growth of the market over the forecast period.

Market Segmentation
The stretch shrink sleeve labels market has been divided based on material, application, and type.
The shrink sleeve labels market by type is divided into shrink sleeve as well as stretch sleeve. Among these, the shrink segment has the maximum share in the market. Shrink labels possess good shrinkage properties and are ideal for every shape of product. It is cost-effective and offers high-quality graphics. Besides, they possess aesthetic and innovative appeal and the premium print quality that augments the look of consumer goods.
The shrink sleeve labels market by material is divided into polylactic acid films, PE, PET-G, PVC, expanded polystyrene films, and others. PET-G material, among others, will dominate the market over the forecast period.
The shrink sleeve labels market by application is divided into personal care, pharmaceuticals, and food and beverage. Food and beverage, among others, will spearhead the market over the forecast period. The growing need for packaged and processed foods the world over is adding to the segmental growth. This will be followed by the pharmaceutical sector that is likely to grow at the highest CAGR over the forecast period.
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Regional Overview
Companies in the shrink sleeve labels market are spread across the world. The shrink sleeve labels market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American shrink sleeve labels market has many companies across the United States, Canada, and Mexico. Europe has companies in the shrink sleeve labels market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the shrink sleeve labels market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The shrink sleeve labels market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the shrink sleeve labels market can be found in the market research report.
Key Players
Key contenders profiled in the shrink sleeve labels market report include Klockner Pentaplast Corp., Bonset America Corporation, Paris Art Label Company Inc., Huhtamaki OYJ, CCL Industries Inc., Hammer Packaging Corp., MacFarlane Group UK Ltd, Berry Plastics Corporation, Fuji Seal International Inc., and Polysack Ltd.
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