Packaging / Full Body Shrink Sleeve Labels Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Traco Packaging, Fuji Seal International, Inc. (Tokyo :7864.T), CCL Industries(CCL-B.TO)
Full Body Shrink Sleeve Labels Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Traco Packaging, Fuji Seal International, Inc. (Tokyo :7864.T), CCL Industries(CCL-B.TO)
Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Full Body Shrink Sleeve Labels Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.2% during the review period (2022 to 2027).
Full Body Shrink Sleeve Labels Market Overview
Shrink sleeves labels are one of the utmost durable and ideal labels for products that are exposed to severe moisture and friction. The main 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. 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 anticipated to drive the global shrink sleeve labels market.
Recent Developments:
July 2020 - CCL Label introduced EcoFloat TD shrink sleeve material engineered to improve the float separation process for PET bottle recycling. The new technology has been accepted by the European PET Bottle Platform (EPBP). EcoFloat has been advanced to enable the packaging industry to meet recycling targets and to support sustainability.
September 2021, Huhtamaki Oyj completed the acquisition of Elif Holding A.ª. Elif Holding A.ª supplies sustainable, flexible packaging to global FMCG brand owners. This acquisition helped Huhtamaki to strengthen its hold as a leading flexible packaging company in emerging markets and further strengthened its existing flexible packaging business catering to attractive consumer product categories.
January 2021, Huhtamaki acquired the assets and operations of Mohan Mutha Polytech Private Limited (MMPPL). The debt-free purchase price was approximately USD 10 million. The company has performed this acquisition with the viewpoint to expand its flexible packaging business. Hence, the business will be reported as part of the Flexible Packaging business segment of Huhtamaki Oyj as of January 10, 2020.
What are the major Applications, Types and Regions for Full Body Shrink Sleeve Labels Market?
Full Body Shrink Sleeve Labels Market is segmented based on the type, applications, companies and regions.
By Product Type, it is segmented into
Polyethylene (PE)
Polyvinyl Chloride (PVC)
Polyethylene Terephthalate (PET)
Polylactic Acid (PLA)
Others
By Application it is segmented into
Food & Beverage
Pharmaceuticals
Household
Personal Care & Cosmetics
Others
Full Body Shrink Sleeve Labels Market Regional Analysis
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. 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. Increase in number of diseases in Latin America and MEA are also expected to trigger the pharmaceutical industry, hence propelling the demand for Full Body Shrink Sleeve Labels in the region.
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 Full Body Shrink Sleeve Labels 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 Full Body Shrink Sleeve Labels 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 Full Body Shrink Sleeve Labels Market report scope?
Report Attributes
Report Details
Report Title
Full Body Shrink Sleeve Labels Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Traco Packaging, Fuji Seal International, Inc. (Tokyo :7864.T), CCL Industries(CCL-B.TO)
Forecast Period 2022 to 2028 CAGR
CAGR of 6.2% during the review period (2022 to 2027).
By Type
Polyethylene (PE)
Polyvinyl Chloride (PVC)
Polyethylene Terephthalate (PET)
Polylactic Acid (PLA)
Others
By Application
Food & Beverage
Pharmaceuticals
Household
Personal Care & Cosmetics
Others
By Companies
Traco Packaging, Fuji Seal International, Inc. (Tokyo :7864.T), CCL Industries(CCL-B.TO), Multi-Color, Klockner Pentaplast, Huhtamaki, Clondalkin Group, Brook & Whittle, WestRock Company (NYSE :WRK), Hammer Packaging
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
107
Customization Available
Yes, the report can be customized as per your needs
Frequently Asked Questions
What is the study period of this market?
The Full Body Shrink Sleeve Labels Market is studied from 2017 - 2027.
What is the growth rate of Full Body Shrink Sleeve Labels Market?
The Full Body Shrink Sleeve Labels Market is growing at a CAGR of 6.2% over the next 5 years.
Who are the leading key players in Full Body Shrink Sleeve Labels Market?
Traco Packaging, Fuji Seal International, Inc. (Tokyo :7864.T), CCL Industries(CCL-B.TO), Multi-Color, Klockner Pentaplast, Huhtamaki, Clondalkin Group, Brook & Whittle, WestRock Company (NYSE :WRK), Hammer Packaging
What regions regions does this Full Body Shrink Sleeve Labels 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 Full Body Shrink Sleeve Labels Market?
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
