According to a new market research report published by Global Insight Services” Stretch Sleeve & Shrink Sleeve Labels Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Stretch sleeve labels are a type of labeling that is applied to a product like a sock or glove. The label is made of a stretchy material, such as polyester, and is printed with the product information. The label is then applied to the product and shrunk down to fit snugly. This type of labeling is often used for products that are difficult to label with traditional methods, such as those with irregular shapes. Shrink sleeve labels are a type of labeling that is applied to a product like a bottle or can. The label is made of a shrinkable material, such as polyethylene, and is printed with the product information.
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Key Players
The major players in Stretch Sleeve & Shrink Sleeve Labels the market are Berry Plastics, Cclind, Cenveo, Huhtamaki, Klockner Pentaplast, DOW, FujiSeal, Hammer Packaging, Macfarlane Group and Sleevevo.
Key Trends
Some of the key trends in stretch sleeve and shrink sleeve labels technology include:
1. Increased use of sleeve labels in a variety of industries: Sleeve labels are becoming increasingly popular in a variety of industries, including food and beverage, healthcare, and cosmetics. This is due to the fact that sleeve labels offer a number of benefits over traditional labels, including a more professional appearance, increased durability, and the ability to print on both sides of the label.
2. Improved printing quality: The quality of printing on sleeve labels has greatly improved in recent years, making it possible to produce labels with very intricate designs and sharp text. This is due to the use of higher-quality printing presses and inks, as well as advances in digital printing technology.
Key Drivers
The key drivers of the Stretch Sleeve & Shrink Sleeve Labels market are the increasing demand for flexible packaging, the growing popularity of shrink sleeve labels, the increasing demand for sustainable packaging, and the growing popularity of stretch sleeve labels.
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Market Segments
The Stretch Sleeve & Shrink Sleeve Labels market is segmented by polymer type, applications, printing technology and region. By polymer type, the market is segmented into PVC, PETG, OPS, PE and others. By application, the market is classified into food, wine & spirit, beauty & personal care and others. By printing technology, the market is bifurcated into gravure, flexography and digital printing. By region, the market is segmented into North America, Europe, Asia-Pacific and rest of the world.
Reasons to buy Stretch Sleeve & Shrink Sleeve Labels Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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