Global Shrink Sleeve Packaging Market Growth 2023-2029

Global Shrink Sleeve Packaging Market Growth 2023-2029

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.

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

This Insight Report provides a comprehensive analysis of the global Shrink Sleeve Packaging 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 Packaging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Shrink Sleeve Packaging market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shrink Sleeve Packaging 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 Packaging.

The global Shrink Sleeve Packaging market size is projected to grow from US$ 7335.9 million in 2022 to US$ 10380 million in 2029; it is expected to grow at a CAGR of 10380 from 2023 to 2029.

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

Market Segmentation:

Segmentation by type
PVC
PETG
Expanded Polystyrene Films
PE
Polylactic Acid Films
Others

Segmentation by application
Food & Beverage
Pharmaceuticals
Personal Care
Others

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.
Berry
Bonset
CCL Industries
Fuji Seal International
Huhtamaki
Hammer Packaging
Klockner Pentaplast
Polysack
Paris Art Label
Cenveo
Avery Dennison
Clondalkin Group
Constantia Flexibles

Key Questions Addressed in this Report

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

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

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

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

How does Shrink Sleeve Packaging 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.