The global heat-shrink sleeve labels market was valued at approximately USD 6.27 billion in 2023 and is projected to reach USD 8.71 billion by 2030. This growth represents a compound annual growth rate (CAGR) of 4.80% during the forecast period. Over the past few years, the market has experienced a steady increase in demand, driven by the rising need for cost-effective, high-quality packaging solutions in various industries.
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