Global Shrink Sleeve Applicator Market Growth 2023-2029

Global Shrink Sleeve Applicator Market Growth 2023-2029

Commonly used for food, beverage, or personal care items, shrink sleeve machines work by applying heat to shrink sleeve labels. The heat causes it to tightly conform to the body of the product’s packaging, creating an eye-catching label that can easily be recycled.

LPI (LP Information)' newest research report, the “Shrink Sleeve Applicator Industry Forecast” looks at past sales and reviews total world Shrink Sleeve Applicator sales in 2022, providing a comprehensive analysis by region and market sector of projected Shrink Sleeve Applicator sales for 2023 through 2029. With Shrink Sleeve Applicator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shrink Sleeve Applicator industry.

This Insight Report provides a comprehensive analysis of the global Shrink Sleeve Applicator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shrink Sleeve Applicator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Shrink Sleeve Applicator market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shrink Sleeve Applicator and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shrink Sleeve Applicator.

The global Shrink Sleeve Applicator market size is projected to grow from US$ 1155.3 million in 2022 to US$ 1343.4 million in 2029; it is expected to grow at a CAGR of 1343.4 from 2023 to 2029.

The global Shrink Sleeve Label Applicator is mainly produced in North America, Europe China and Japan, they occupied for a share over 95 percent. Global top five manufacturers of Shrink Sleeve Label Applicator occupied for a share about 70 percent, they are Krones, Fuji Seal International, Sleever International, P.E. Labellers S.p.a. (Axon) and PDC Europe.

This report presents a comprehensive overview, market shares, and growth opportunities of Shrink Sleeve Applicator market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Semi-automatic
Fully Automatic

Segmentation by application
Food and Beverage
Medicine
Cosmetics and Personal Care
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Fuji Seal International
Krones
Karlville
Axon
DASE-SING
Xu Yuan Packaging Technology
American Film & Machinery
Pack Leader
Hardgoods
Benison
Maharshi
PDC Europe
Label-Aire Inc
Sleeve Technology
Scaligera Packaging

Key Questions Addressed in this Report

What is the 10-year outlook for the global Shrink Sleeve Applicator market?

What factors are driving Shrink Sleeve Applicator market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Shrink Sleeve Applicator market opportunities vary by end market size?

How does Shrink Sleeve Applicator break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.