sleeving machines market is estimated to generate revenues worth US$ 2.9 Billion. The market is anticipated to reach US$ 4.1 Billion by 2033, growing at a CAGR of 3.4% from 2023 to 2033. The sleeving machines market is driven by several factors, including automated processes and 360° branding with HD-quality images that can also display essential product information.
Sleeving machines can be used for a wide range of substrate products, including bottles, jars, and cans. They can also be used for other types of containers that come in various materials, as well as shapes and sizes.
The high versatility of applications renders sleeve packaging an appealing option for consumers who manufacture multiple products. This type of packaging is also ideal for those who require a packaging or labeling solution that can be applied to different packaging types.
Stretch sleeve labeling machines are anticipated to gain high popularity in the global market. These machines utilize an unorthodox approach to apply labels to products.
New machines can make use of materials that offer protection from external factors such as moisture, light, and oxygen. They can help to deliver extra protection to the contents and prevent them from spoiling.
Request free Sample of this Research Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-17241
Opportunities in the Sleeving Machines Industry:
The escalating consumption of packaged goods and the buoyant consumer markets in emerging economies like India, China, and Brazil, driven by their rapid economic growth, are poised to unlock vast opportunities for businesses.
Furthermore, the advancement of sleeving machines capable of affixing labels crafted from recyclable and biodegradable materials represents a significant leap toward mitigating the environmental footprint of packaging. This development is anticipated to have a substantial positive impact on sales and the overall sustainability efforts of the industry.
Drivers:
- Automation and Efficiency: The increasing need for automation and production efficiency in various industries drives the demand for sleeving machines. These machines can streamline the packaging process, reducing labor costs and increasing production speed.
- Diverse Packaging Solutions: Sleeving machines are versatile and can be used for a wide range of packaging types, including shrink sleeves, tamper-evident seals, and decorative labels. This versatility makes them attractive to industries with diverse packaging needs.
- Brand Enhancement: Sleek and eye-catching packaging can enhance product branding and shelf appeal, making sleeving machines appealing to manufacturers looking to differentiate their products in the market.
- Tamper-Evidence and Security: Increasing concerns about product tampering and security have led to greater adoption of tamper-evident sleeve labels and seals, driving the demand for sleeving machines.
- Customization and Personalization: Sleeving machines enable product personalization and customization, catering to the growing consumer demand for unique and limited-edition products.
Ready to Learn About Our Approach? Explore Our Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-17241
Key Takeaways:
- The global sleeving machines industry witnessed an average CAGR of around 1.9% from 2018 to 2022.
- The United States sleeving machines industry is estimated to reach a valuation of US$ 857.2 Million by 2033, expanding 1.4 times its current size.
- By 2033, China’s sleeving machines industry is expected to account for 14% of the total value share.
- The food & beverage industry by end-use is predicted to expand 1.3 times its current market size during the evaluation period.
- By automation type, the automatic segment is projected to create an incremental opportunity of US$ 342.7 Million during the assessment period.
Competitive Landscape:
The sleeving machines market has a highly competitive landscape, with the rising number of players striving for a large share. Several significant participants in this industry include Accutek Packaging Equipment Companies Inc., Advanced Dynamics Ltd., Cama Group, Sleeve Technology BV, PDC International Corporation, Graphic Packaging International, American Film & Machinery, and Barry-Wehmiller Companies, Inc., among others.
For instance,
- Krones offers a range of packaging machinery, including sleeve labeling machines. They have introduced various sleeve machine models designed for different packaging formats and production speeds.
- Sacmi specializes in providing integrated solutions for the packaging industry, including sleeve labeling machines. The company’s machines are known for their high-speed capabilities and precision application.
Market Outlook by Category:
By Automation:
- Automatic
- Semi-automatic
- Manual
By Machine Type:
- Shrink Sleeve Labeling Machine
- Stretch Sleeve Labeling Machine
- Roll-fed Labeling Machine
- Tamper-evident Banding Machine
- Heat Tunnel Machine
By End Use:
- Food & Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Chemicals
- Automotive
- Other Industrial
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Central Asia
- East Asia
- Russia & Belarus
- Balkan & Baltic Countries
- The Middle East & Africa
- South Asia & Pacific
Purchase this report to Uncover Segment-specific Information, Identify Key Trends, Drivers, and Challenges: https://www.futuremarketinsights.com/checkout/17241
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
