Shrink Sleeve Labels Market Analysis Based on Manufacturers, Regions, Application and Types 2022 to 2032

Future Market Insights

Shrink Sleeve Labels Market are one of the most durable and ideal labels for products that are exposed to severe moisture and friction. The major benefits in favor of shrink sleeve labels are 360 degree design coverage, full color, abrasion and moisture resistance, and wide compatibility. As no adhesives are used in the shrink sleeve labels, this property of shrink sleeve labels makes the containers reusable. Shrink sleeve labels are extensively used in food and beverages, pharmaceuticals and personal care packaging industries. An exclusive label can efficiently attract the attention of consumers.

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Labelling can have a strong impact on the buying decisions of customers. A brilliantly designed cover and quality labelling can appeal to customers and creates a good impression on them, shrink sleeve labels is anticipated to serve the above mentioned purpose, which in turn is expected bolster the growth of global shrink sleeve labels market

Through 2032, the market for shrink sleeve labels is anticipated to grow at a CAGR of 6%. By 2032, the market for shrink sleeve labels is projected to be worth US$28.47 billion, up from US$15.90 billion in 2022.

Full body shrink sleeve labels cover and fit the entire surface of the container, they adhere tightly to its contour and allows its whole surface to be covered as well as decorated from top to bottom. In order to offer an opportunity to re-brand the product, full body printed shrink sleeve labels can easily give an old product an updated appearance. Compared to smaller shrink sleeve labels, full body shrink sleeve labels ensure protection from UV radiation, and hence the full body shrink sleeve labels I anticipated to drive the global shrink sleeve labels market.

To pack two containers together, combo pack shrink sleeve labels can be used, these kind of shrink sleeve labels are used for promotional products and to package multiple containers together with the aim of offering it as a single product. Tamper evident shrink sleeve labels are generally printed with safety-seal text or warning messages. Overall, use of tamper-evident bands advertises the impression of security, that the product has been maintained throughout the distribution process.

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Custom printed tamper-evident shrink sleeve labels are commonly used in the food and pharmaceutical industries and are anticipated to boost the global shrink sleeve labels market growth. Shrink sleeve can labels are used with special paints to hide the graphics of already printed cans.

Based on geography, the global shrink sleeve labels market can be segmented into five major regions: North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). Of these, Asia Pacific is expected to overshadow the shrink sleeve labels market in the upcoming years. Furthermore, Western Europe and North America are anticipated to boost the market growth over the upcoming years with regards to the rising demand for personal care, consumer products and food and beverages industries.

Shrink Sleeve Labels Market

Based on the type of appearance, the global shrink sleeve labels market can segmented as follows

  • Full Body Shrink Sleeve Labels
  • Combo Pack Shrink Sleeve Labels
  • Tamper Evident Shrink Sleeve Labels
  • Shrink Sleeve Can Labels

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Based on the type of polymer film, the global shrink sleeve labels market can segmented as follows:

  • Polyvinyl Chloride Films
  • Polypropylene Terephthalate Glycol Films
  • Polyethylene Films
  • Expanded Polystyrene Films
  • Polylactic Acid Films

Based on application, the global shrink sleeve labels market can segmented as follows:

  • Personal Care
  • Food and Beverages
  • Pharmaceuticals
  • Others

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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