Shrink Sleeve Labels Market To Observe Significant Growth Due To Growing Demand, Forecasting By 2032

Market Research Future Insights

Shrink Sleeve Labels Market Size was valued at USD 16.1 Billion in 2022. The Shrink Sleeve Labels market Application is projected to grow from USD 17.1 Billion in 2023 to USD 28.1 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.40% during the forecast period (2023 – 2032).

Shrink sleeve labels are plastic labels that are applied to containers by heat-shrinking the label to fit tightly around the container. They are commonly used in the packaging of beverages, foods, and consumer goods to provide branding, tamper-evidence, and product information. The global shrink sleeve labels market refers to the production and sales of these labels worldwide. The easiest and best labels for products exposed to a lot of wetness and friction are shrink-sleeve labels. It contains 360-degree printed labels that use heat during the application process to mould the label to the contour of the container, is printed in full colour, and has abrasion and moisture resistance. The labels are frequently applied to glass, plastic, or aluminium cans and are normally printed on polyester or plastic material.

The COVID-19 pandemic has had a significant impact on the shrink sleeve labels market. The pandemic has disrupted supply chains, leading to raw material shortages and delays in the production and delivery of shrink sleeve labels. In addition, the closure of businesses and reduced consumer spending has resulted in a decrease in demand for shrink sleeve labels, particularly in the food and beverage industry.

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

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.

Market Segmentation

The shrink sleeve labels market is bifurcated on the basis of material, application, and type. 

The shrink sleeve labels market by type has been segmented into stretch & shrink. Among these, the shrink type segment will dominate the market during the forecast period. 

The shrink sleeve labels market by material has been segmented into PE, PVC, Polylactic acid films, expanded polystyrene, PET-G, and others. Among these, the PET-G material segment will have the lions share in the market during the forecast period. 

The shrink sleeve labels market by application has been segmented into personal care, food and beverage, pharmaceuticals, and others. Among these, the food and beverage application segment will lead the market during the forecast period.  

BUY NOW: https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=1785 

Key Companies in the Shrink Sleeve Labels market include

Bemis Company

Berry Plastic Group

Klockner Pentaplast Group

Amcor PLC

Clondalkin Group Holdings

Huhtamaki Oyj

Schur Flexibles

Cenveo Group

Taghleef industries

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

About Market Research Future:

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), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Browse More Related Reports:

Inventory Tags Market https://www.marketresearchfuture.com/reports/inventory-tags-market-2625

Industrial Tape Market https://www.marketresearchfuture.com/reports/industrial-tape-market-2805

Refrigeration Packaging Market https://www.marketresearchfuture.com/reports/refrigeration-packaging-market-5071

Plastic Tube Packaging Market https://www.marketresearchfuture.com/reports/plastic-tube-packaging-market-5086 

Tags: Shrink Sleeve Labels Market, Shrink Sleeve Labels Market Reports, Shrink Sleeve Labels Market growth, Shrink Sleeve Labels Market share, Shrink Sleeve Labels Market trends See Campaign: https://www.marketresearchfuture.com/reports/shrink-sleeve-labels-market-1785

Contact Information:

Market Research Future (part of Wantstats Research and Media Private Limited), 99 Hudson Street, 5Th Floor, New York, New York 10013 United States of America +1 628 258 0071 Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com

Tags:
Wire, Research Newswire, English