Shrink Sleeve and Stretch Sleeve Labels Market to record USD 3673.25 Mn growth
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26 Sep, 2022, 05:15 ET
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NEW YORK, Sept. 26, 2022 /PRNewswire/ -- The global shrink sleeve and stretch labels market size is expected to grow by USD 3673.25 million, accelerating at a CAGR of 4.87% between 2021 and 2026. The report provides a detailed analysis of the current market scenario, vendor landscape, YOY growth rates, successful business strategies adopted by vendors, market behavior across regions, and much more. Download PDF Sample Report
The market is fragmented and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The increase in the demand for sleeve labels has been instrumental in driving the growth of the market. However, an increase in the prices of raw materials might hamper the market growth.
The report identifies Al Ghurair First LLC, Amcor Plc, Atlantic Corp., Berry Global Group Inc., CCL Industries Inc., Clondalkin Group Holdings BV, D and L Packaging, Edwards Label Inc., Fuji Seal International Inc., Huhtamaki Oyj, KP Holding GmbH and Co. KG, Kris Flexipacks Pvt. Ltd., Multi Color Corp., Orianaa Decorpack Pvt. Ltd., Polysack Flexible Packaging Ltd., Schur Flexibles Holding GesmbH, Taurus Packaging, The Dow Chemical Co., Tilak Polypack Pvt. Ltd., and WestRock Co. as market participants. Request Sample Report Here
The global shrink sleeve and stretch sleeve labels market is segmented as below:
The market growth in the food and beverage segment will be significant over the forecast period. The segment is driven by the need for effective branding to help customers choose the right product.
The market will observe maximum growth in the polyvinyl chloride (PVC) sleeve labels segment during the forecast period. The segment is driven by properties of PVC sleeve labels such as sustainability and cost-effectiveness which makes them ideal for use in various end-user applications.
39% of the market growth will come from APAC during the forecast period. Changes in lifestyle and demographics, especially among the middle-class population are driving the growth of the regional market. Also, the increase in the demand for packaged personal care products is fostering the growth of the shrink and stretch sleeve labels market in APAC.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The shrink sleeve and stretch sleeve labels market report covers the following areas:
Shrink Sleeve and Stretch Sleeve Labels Market 2022-2026: Key Highlights
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Shrink Sleeve And Stretch Sleeve Labels Market Scope
Report Coverage
Details
Page number
120
Base year
2021
Forecast period
2022-2026
Growth momentum & CAGR
Accelerate at a CAGR of 4.87%
Market growth 2022-2026
USD 3673.25 million
Market structure
Fragmented
YoY growth (%)
4.42
Regional analysis
APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution
APAC at 39%
Key consumer countries
US, China, Japan, Germany, and UK
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
Al Ghurair First LLC, Amcor Plc, Atlantic Corp., Berry Global Group Inc., CCL Industries Inc., Clondalkin Group Holdings BV, D and L Packaging, Edwards Label Inc., Fuji Seal International Inc., Huhtamaki Oyj, KP Holding GmbH and Co. KG, Kris Flexipacks Pvt. Ltd., Multi Color Corp., Orianaa Decorpack Pvt. Ltd., Polysack Flexible Packaging Ltd., Schur Flexibles Holding GesmbH, Taurus Packaging, The Dow Chemical Co., Tilak Polypack Pvt. Ltd., and WestRock Co.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Market Segmentation by Product Type
7 Market Segmentation by Material
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/
SOURCE Technavio
Technavio