Shrink and Stretch Sleeve Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Berry Plastic Group Inc, Dow Chemical Company, Klockner Pentaplast Group, Clondalkin Group Holdings BV

Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Shrink and Stretch Sleeve Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.3% during the review period (2022 to 2027).

Shrink and Stretch Sleeve Market Overview

Stretch and shrink sleeve labels are polyester or plastic labels that wrap around the whole perimeter of a product and conform to the specific geometry of every package. Stretch labels are constructed of LDPE and have a high degree of elasticity, allowing them to be pulled over the product container. When exposed to heat, shrink sleeves are put in a loose form and adapt to the product by passing it through a heat tunnel. The stretch and shrink sleeves market is generally buyer oriented. The global market is marked with extreme competition due to the growing presence of both, the large and small manufactures. The vital development drivers for the global stretch and shrink sleeves market are: increasing demand for polymer films, anti-counterfeiting facilities, availability of additional printing space, and 360 degree display. The global market for stretch and shrink sleeves has witnessed significant development in the recent years owing to rise in the urbanized population, growing demand for packaged foods, renaissance of the labeling and packaging industry in emerging economies, and increasing prominence on the use of sustainable materials. Additionally, the light weight of stretch and shrink sleeves, coupled with their low cost, is expected to foster their market growth in the coming years. The growing applications of shrink and sleeves, worldwide, in various end-use industries such as paper and textile, food and dairy and electronics, for labeling, is anticipated to further drive the market growth. 

Industry News and Updates:

Eastman launches APR-approved recyclable shrink-sleeve label resins

Apr 9th, 2019: Eastman Chemical today introduced three new shrink-film label materials that increase the recyclability of shrink sleeve-labeled PET packaging.

Who are the Major Players in Shrink and Stretch Sleeve Market?

The Shrink and Stretch Sleeve Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Berry Plastic Group Inc., Dow Chemical Company, Klockner Pentaplast Group, Clondalkin Group Holdings BV, Huhtamaki Oyj, Emsur, Eastman, Amcor PLC, Taghleef Industries ltd, Schur Flexibles, CCL Industries, Cenveo Group, Fuji Seal International Inc., Sleeveco, Macfarlane Group, Hammer Packaging and others.

Shrink and Stretch Sleeve Market provides details by vendors, including company total revenue (financials), company overview, market potential, global presence, his business report briefly talks about market performance of each business sector covering growth factors and sales volume. this analysis provides the This Shrink and Stretch Sleeve Market analysis report provides recent trends, granular level data covering market size and share. It provides all the recent updates about CORONA virus and its impact on world economy and human health. By getting this data, key players can obtain profit making and right business opportunities for future growth. Its further guides to increase the product demand and business expansion.

What are the major Applications, Types and Regions for Shrink and Stretch Sleeve Market?

Shrink and Stretch Sleeve Market is segmented based on the type, applications, companies and regions.

By Product Type, it is segmented into

• Shrink Sleeve​


• Stretch Sleeve​

By Application it is segmented into

• Food


• Soft Drinks


• Alcoholic Drinks


• Cosmetics and Household


• Pharmaceutical


• Others

Market Segment Analysis

The shrink sleeve labels segment led the market in terms of both value and volume. The shrink sleeve labels are printed on a flexible shrink film that reduces in size through the application of heat.

Shrink and Stretch Sleeve Market Regional Analysis

The Asia-Pacific controlled the market due to increasing application in food and beverages and pharmaceutical market. Rising economies such as China, India, and South Korea is predictable to increasing the demand for food, which in turn will support the market growth of packaging industry, leading to growth in stretch sleeves and shrink sleeves market. Moreover, to fight the counterfeiting market in China and India is further expected to propel the industry growth. In North America, with rising pharmaceutical application for brand protection of drugs is expected to support the market growth in this region. In Europe, the market is expected to grow for stretch sleeves & shrink sleeves due to rising demand from the food packaging industries.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Shrink and Stretch Sleeve Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Shrink and Stretch Sleeve Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Shrink and Stretch Sleeve Market report scope?

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.

Frequently Asked Questions

What is the study period of this market?

The Shrink and Stretch Sleeve Market is studied from 2017 - 2027.

What is the growth rate of Shrink and Stretch Sleeve Market?

The Shrink and Stretch Sleeve Market is growing at a CAGR of 5.3% over the next 5 years.

Who are the key players in Shrink and Stretch Sleeve Market?

Berry Plastic Group Inc., Dow Chemical Company, Klockner Pentaplast Group, Clondalkin Group Holdings BV, Huhtamaki Oyj, Emsur, Amcor PLC, Taghleef Industries ltd, Schur Flexibles, CCL Industries, Cenveo Group, Fuji Seal International Inc., Sleeveco, Macfarlane Group, Hammer Packaging and others.

What regions regions does this Shrink and Stretch Sleeve Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Shrink and Stretch Sleeve Market?

Shrink Sleeve, Stretch Sleeve

What are the major end-use applications of Shrink and Stretch Sleeve Market?

Food, Soft Drinks, Alcoholic Drinks, Cosmetics and Household, Pharmaceutical, Others