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Shrink Wrap Sleeves Market

Summary Global Shrink Wrap Sleeves Market Size, Share, Trends, Growth, Analysis Type (Stretch, and Shrink), Material (PVC, PET-G, Expanded Polystyrene Films, PE, Polylactic Acid Films, and others), Application (Food & Beverage, Pharmaceuticals, Personal Care, and others) and By Region - Global Forecast to 2023 Shrink Wrap Sleeves Market Scenario Shrink sleeve is a full-body label, which shawls around the entireness of a container, offering a 360-degree branding and messaging of the product. Shrink sleeve labels are one of the most durable and ideal labels for products. These labels are widely used in food and beverages, pharmaceuticals and personal care packaging industries. With the rapid growth of retail and manufacturing sector, the demand for shrink sleeve labels has gone up. In addition to this, the surge in demand for pharmaceutical products has also contributed to the growth of Shrink Wrap Sleeves Market. This is further backed by the increased investment in the packaging industries by company to bring in better technology. Factors such as brand competitiveness, cost efficiency, and on-shelf appeal have contributed to the growth of sleeve labels. Request Free Sample @ https://www.marketresearchfuture.com/sample_request/1785 The global Shrink Wrap Sleeves Market is forecasted to demonstrate an exponential growth by 2023, surpassing its previous growth records in terms of value with a whooping, CAGR of 6.0% during the estimated period (2017 – 2023). Key Players Some of the key players in the global Shrink Wrap Sleeves Market are • • • • • • • • • • •

Berry Global, Inc. (U.S.) Bonset America Corporation (U.S.) CCL Industries Inc. (Canada) Fuji Seal International, Inc. (Japan) Huhtamäki Oyj (Finland) Hammer Packaging, Inc. (U.S.) Klöckner Pentaplast (Germany) Macfarlane Group PLC (U.K.) Polysack Flexible Packaging Ltd. (Israel) Paris Art Label Company Inc. (U.S.) Cenveo, Inc. (U.S.)


• • • •

The Dow Chemical Co. (U.S.) Avery Dennison Corporation (U.S.) Clondalkin Group (the Netherlands) Constantia Flexibles (Austria)

Industry News In March 2016, Coveris S.A., announces the acquisition of leading label manufacturer Supraplast. Supraplast is an industry-recognized leader in printing technology with a broad product offering that includes shrink sleeves, self-adhesive labels, safety seals, PVC and PET shrink films. In May 2017, Multi Packaging Solutions International complete the acquisition of Paris Art Label Company, Inc., a manufacturer of labels and shrink sleeve products to the branded consumer marketplace in the US. Shrink Wrap Sleeves – Market Segmentation Global Shrink Wrap Sleeves is segmented in to three key dynamics for an easy grasp and enhanced understanding. On the basis of type, the market has been segmented as Stretch, and Shrink. Shrink dominates the type segment of the market. Shrink sleeve labels have extreme shrinkage properties and are suitable for all shapes of products. They are cheap and provide high-quality graphics, which has increased their demand. Moreover, they have premium print quality and innovative and aesthetic appeal which improves the appearance of consumer goods. Based on material, the market has been segmented into PVC, PET-G, Expanded Polystyrene Films, PE, Polylactic Acid Films, and others. On the basis of application, the market has been segmented into Food & Beverage, Pharmaceuticals, Personal Care, and others. Food & Beverages dominates the application segment of the market. Growing demand of processed and packaged food across the globe driving the demand of the market. The Pharmaceuticals sector is anticipated to register highest growth rate during the forecast period. Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World. Global Shrink Wrap Sleeves - Competitive Analysis Global Shrink Wrap Sleeves Market appears to be highly fragmented and competitive owning to the presence of numerous large and medium players active in regional market. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement & Partnership, Acquisition and expansion. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period. On the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position. Shrink Wrap Sleeves - Regional Analysis


Asia-Pacific dominates the global shrink packaging market. It is expected to be the fastest growing region for the market. Rapid growth in food and beverage industry in this region driving the growth of the market. Increasing demand for consumer goods in the region mainly due to high population is also fuelling the growth of the market. Additionally, availability of raw materials and low labor cost are the factors have the positive influence on the growth of the market. North America is also expected to contribute significantly during the forecast period. Increased consumption of beverages fuelling the growth of the market. North America is the second largest market for the shrink sleeve labels. Growing demand for consumer goods and packaged foods is expected to spur market growth. The U.K., Germany and France dominate the Shrink Wrap Sleeves Market in Europe. Rising demand for consumer and personal care products and growing e-commerce is expected to spur market growth. Access Full Report Of Shrink Wrap Sleeves Market With TOC @ https://www.marketresearchfuture.com/reports/shrink-sleeve-labels-market-1785 About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact Market Research Future Phone: +1646 845 9312 Email: sales@marketresearchfuture.com

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Shrink Wrap Sleeves  

Global Shrink Wrap Sleeves Market Size, Share, Trends, Growth, Analysis Type (Stretch, and Shrink), Material (PVC, PET-G, Expanded Polystyre...

Shrink Wrap Sleeves  

Global Shrink Wrap Sleeves Market Size, Share, Trends, Growth, Analysis Type (Stretch, and Shrink), Material (PVC, PET-G, Expanded Polystyre...

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