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Stretch Sleeve & Shrink Sleeve Labels Market Trends

  • Report ID: GMI7306
  • Published Date: Nov 2023
  • Report Format: PDF

Stretch Sleeve & Shrink Sleeve Labels Market Trends

There are several notable trends in the stretch sleeve & shrink sleeve labels industry. First, there is a growing concern about sustainability as evidenced by the need for eco-friendly labeling materials and the emphasis on recyclability, reflecting a greater awareness about environmental issues. Businesses use these labels to create attractive packaging, improve shelf appeal, and increase consumer engagement. Branding and product differentiation are still important. The food & beverage sector plays a major role as these labels are widely used for goods such as drinks, processed foods, and snacks. Stretch & shrink sleeves are also used by the personal care and cosmetics industries to improve aesthetics and for differentiation.
 

Advancements in printing technology and materials are fostering innovations in label designs and functionalities. The pharmaceutical and healthcare sectors rely on these labels for tamper-evident & informative purposes. As e-commerce is growing, the packaging industry including stretch & shrink sleeves is adapting to cater to online retailing needs with labels designed to protect products during transit and enhance brand recognition.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Market size for stretch sleeve & shrink sleeve labels exceeded USD 15 billion in 2022 and may register over 7% CAGR between 2023 and 2032 due to the surging popularity of specialized packaging solutions worldwide

Why is the demand for stretch sleeve & shrink sleeve labels rising through soft drinks?

North America held over 25% share of the global stretch sleeve & shrink sleeve labels industry in 2022 due to the presence of strong regional food & beverage sector along with rising stringent labeling regulations

Some of the leading stretch sleeve & shrink sleeve label companies are Berry Global Inc., CCL Industries Inc., Huhtamaki Oyj, Klöckner Pentaplast, Amcor PLC, and Fuji Seal International

Stretch Sleeve & Shrink Sleeve Labels Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 16
  • Tables & Figures: 350
  • Countries covered: 21
  • Pages: 210
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