Global Shrink Sleeve Label Applicator Market Research Report 2022
Market Analysis and Insights: Global Shrink Sleeve Label Applicator Market
Due to the COVID-19 pandemic, the global Shrink Sleeve Label Applicator market size is estimated to be worth US$ 12.59 billion in 2022 and is forecast to a readjusted size of US$ 18.11 billion by 2028 with a CAGR of 6.24% during the review period. Fully considering the economic change by this health crisis, Semi-Automatic accounting for 24.84% of the Shrink Sleeve Label Applicator global market in 2021, is projected to value US$ 393.92 million by 2028, growing at a revised 4.2% CAGR in the post-COVID-19 period. While Food and Beverage segment is altered to an 6.43 % CAGR throughout this forecast period.
North America Shrink Sleeve Label Applicator production market is estimated at US$ 337.4million in 2021, while Europe is forecast to reach US$ 958.81 million by 2028. The proportion of the North America is 28.58% in 2021, while Europe percentage is 50.31%, and it is predicted that Europe share will reach 52.94% in 2028, trailing a CAGR of 6.99% through the analysis period. As for the Asia, the notable markets are Japan and China, CAGR is 4.06 % and 7.13 % respectively for the next 6-year period.
The global major manufacturers of Shrink Sleeve Label Applicator include Krones、Fuji Seal International、Sleever International、P.E. Labellers S.p.a. (Axon)、PDC Europe、Maharshi、Label-Aire Inc、DASE-SING、Hardgoods Company、Accraply、Aesus Packaging Systems、Delmax Machinery、Eversleeve Enterprise、Pak-Tec、Xu Yuan Packaging Technology、Benison、Sleeve Technology BV、Karlville、Scaligera Packaging、Shree Bhagwati、American Film & Machinery (AFM)、Magic Special Purpose Machineries、Multipack Machinery、Pack Leader、Brothers Pharmamach、Aurum Packaging Systems, etc. In terms of revenue, the global 3 largest players have a 55.22% market share of Shrink Sleeve Label Applicator in 2021.
Global Shrink Sleeve Label Applicator Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Shrink Sleeve Label Applicator Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
By Company
Krones
Fuji Seal International
Sleever International
P.E. Labellers S.p.a. (Axon)
PDC Europe
Maharshi
Label-Aire Inc
DASE-SING
Hardgoods Company
Accraply
Aesus Packaging Systems
Delmax Machinery
Eversleeve Enterprise
Pak-Tec
Xu Yuan Packaging Technology
Benison
Sleeve Technology BV
Karlville
Scaligera Packaging
Shree Bhagwati
American Film & Machinery (AFM)
Magic Special Purpose Machineries
Multipack Machinery
Pack Leader
Brothers Pharmamach
Aurum Packaging Systems
Segment by Type
Semi-Automatic
Fully Automatic
Segment by Application
Food and Beverage
Medicine
Cosmetics and Personal Care
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Australia
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
South America
Mexico
Brazil
Rest of South America
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