Shrink sleeves provide some of the most standout design possibilities and often reduce costs and turnaround times. They are full-body labels that wrap around the entirety of a container, offering 360-degree branding and messaging on product.
According to our (Global Info Research) latest study, the global Shrink Sleeve Packaging market size was valued at USD 7716.1 million in 2022 and is forecast to a readjusted size of USD 10620 million by 2029 with a CAGR of 4.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of shrink sleeve packaging include Fuji Seal, CCL Industries, Multi-Color, Klockner Pentaplast, Huhtamaki, etc. The top five players hold a share over 26%. Asia-Pacific is the largest market, has a share about 61%, followed by Europe and North America, with share 19% and 15%, separately. In terms of product type, PVC is the largest segment, occupied for a share of 50%, and in terms of application, Food & Beverage has a share about 82 percent.
This report is a detailed and comprehensive analysis for global Shrink Sleeve Packaging market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Shrink Sleeve Packaging market size and forecasts, in consumption value ($ Million), sales quantity (Million Sq.m), and average selling prices (USD/K Sq.m), 2018-2029
Global Shrink Sleeve Packaging market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Million Sq.m), and average selling prices (USD/K Sq.m), 2018-2029
Global Shrink Sleeve Packaging market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Million Sq.m), and average selling prices (USD/K Sq.m), 2018-2029
Global Shrink Sleeve Packaging market shares of main players, shipments in revenue ($ Million), sales quantity (Million Sq.m), and ASP (USD/K Sq.m), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Shrink Sleeve Packaging
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Shrink Sleeve Packaging market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Fuji Seal, CCL Industries, Multi-Color, Klockner Pentaplast and Huhtamaki, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Shrink Sleeve Packaging market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
PVC
PETG
OPS
PE
PP
COC Films
Others
Market segment by Application
Food & Beverage
Pharmaceuticals
Personal Care
Others
Major players covered
Fuji Seal
CCL Industries
Multi-Color
Klockner Pentaplast
Huhtamaki
Clondalkin Group
Brook & Whittle
WestRock
Fort Dearborn Company
Yinjinda
Jinghong
Chengxin
Zijiang
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Shrink Sleeve Packaging product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Shrink Sleeve Packaging, with price, sales, revenue and global market share of Shrink Sleeve Packaging from 2018 to 2023.
Chapter 3, the Shrink Sleeve Packaging competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Shrink Sleeve Packaging breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Shrink Sleeve Packaging market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Shrink Sleeve Packaging.
Chapter 14 and 15, to describe Shrink Sleeve Packaging sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Shrink Sleeve Packaging. Industry analysis & Market Report on Shrink Sleeve Packaging is a syndicated market report, published as Global Shrink Sleeve Packaging Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Shrink Sleeve Packaging market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.