Global Sleeve Labels Market, By Type (Stretch Sleeves and Shrink Sleeves), Material Type (Polythene Terephthalate Glycol, Polyvinyl Chloride, Oriented Polystyrene, Polypropylene, Polyethylene and Others), Printing Technology (Gravure, Flexographic, Offset, Digital and Letterpress), Ink (Water-based, Solvent-based and UV), Application (Pressure Sensitive, Heat Transfer, In-Mould, Heat-Shrink and Stretch and Glue-Applied), End Use (Food, Beverages, Pharmaceuticals, Personal Care and Home Care, Chemicals and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Data Bridge Market Research analyses that the sleeve labels market will project a CAGR of 5.40% for the forecast period of 2021-2028. Rising application of sleeve labels by a wide range of end user verticals such as food, beverages, pharmaceuticals, personal care, and home care, chemicals and others, growth and expansion of packaging industry especially in the developing economies and upsurge in the consumer inclination towards packaged and convenient goods are the factors driving the growth of sleeve labels market.
Sleeve labels are the plastic polymer films that are used in a wide range of packaging applications. The hold the items firmly and prevent them from any external contamination.
Rising demand for packaged beverages as a result of ever-rising population is driving the growth in the sleeve labels market value. Increasing demand for convenient packaging solutions and growth and expansion of the food and beverages industry will further induce change in the sleeve labels market value. Growth and expansion of e-commerce industry especially in the developing economies, rise in the application of sleeve labels by cosmetics and personal care industry, and increasing personal disposable income are some other indirect factors that will also promote the market growth rate. Increasing demand for sleeve labels by pharmaceutical industries will also provide an opportunity for growth in the long run.
However, fluctuations in the cost and availability of raw materials will create hindrances for the sleeve labels market growth rate. Availability of cheaper substitutes and eco-friendly and bio-degradable labels will further dampen the market growth rate. Rising environmental concerns and stringent regulations pertaining to the use of plastic will also derail the sleeve labels market growth rate.
This sleeve labels market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on sleeve labels market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Sleeve Labels Market Scope and Market Size
Global sleeve labels market is segmented on the basis of type, material type, printing technology, application, and end use. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the sleeve labels market is segmented into stretch sleeves and shrink sleeves.
- On the basis of material type, the sleeve labels market is segmented into polythene terephthalate glycol, polyvinyl chloride, oriented polystyrene, polypropylene, polyethylene, and others.
- On the basis of printing technology, the sleeve labels market is segmented into gravure, flexographic, offset, digital and letterpress.
- Based on ink, the sleeve labels market is segmented into water-based, solvent-based and UV.
- Based on application, the sleeve labels market is segmented into pressure sensitive, heat transfer, in-mould, heat-shrink and stretch and glue-applied.
- On the basis of end use, the sleeve labels market is segmented into food, beverages, pharmaceuticals, personal care and home care, chemicals and others.
Global Sleeve Labels Market Country Level Analysis
The global sleeve labels market is analysed, and market size insights and trends are provided by country, type, material type, printing technology, application and end use as referenced above.
The countries covered in the sleeve labels market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region is dominating the sleeve labels market and will continue to flourish its trend of dominance during the forecast period owing to rising penetration of shrink sleeve labels and stretch sleeve labels. Availability of raw materials, growing demand for packaged food and beverages, ever-rising population, and increasing personal disposable income are some other important market growth determinants.
The country section of the sleeve labels market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Sleeve Labels Market Share Analysis
The sleeve labels market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to sleeve labels market.
The major players covered in the sleeve labels market report Bemis Manufacturing Company, AVERY DENNISON CORPORATION., Berry Global Inc., Cenveo Worldwide Limited, Constantia Flexibles, Intertape Polymer Group, Eastman Chemical Company, Walmart, Unilever, Nestlé, Procter & Gamble, PepsiCo, The Coca-Cola Company., Danone S.A., BARRY-WEHMILLER COMPANIES, TAGHLEEF INDUSTRIES GROUP, Bonset America Corporation, Esko-Graphics BV., CCL Industries. and Flint Group among other global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.