The global sleeve labels market size reached US$ 15.6 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 22.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.2% during 2023-2032. The growing demand in the automotive industry for temper-evident packaging, rising adoption to increase brand awareness and product visibility, and increasing utilization to prevent exposure to different temperatures and light conditions represent some of the key factors driving the market.
Sleeve labels are applied to various products, such as bottles, cans, and containers. They rely on several printing technologies, such as gravure, letterpress, flexographic, digital, and offset. They are manufactured using numerous materials, such as plastic, polyvinyl chloride (PVC), oriented polystyrene (OPS), polypropylene terephthalate glycol (PETG), and polyester. They are waterproof and can withstand ultraviolet (UV) rays and humid and moist environments effectively. They offer versatility, cost-effectiveness, flexibility, durability, 360-degree coverage, and effective print even on irregular shapes. They assist in allowing high-quality graphics and text to be printed on the entire surface area of the label. Besides this, they are beneficial in attracting the attention of customers by offering catchy labels. As a result, sleeve labels are widely utilized in the automotive, food and beverage (F&B), chemical, pharmaceutical, and personal care and cosmetic industries across the globe.
Sleeve labels are applied to various products, such as bottles, cans, and containers. They rely on several printing technologies, such as gravure, letterpress, flexographic, digital, and offset. They are manufactured using numerous materials, such as plastic, polyvinyl chloride (PVC), oriented polystyrene (OPS), polypropylene terephthalate glycol (PETG), and polyester. They are waterproof and can withstand ultraviolet (UV) rays and humid and moist environments effectively. They offer versatility, cost-effectiveness, flexibility, durability, 360-degree coverage, and effective print even on irregular shapes. They assist in allowing high-quality graphics and text to be printed on the entire surface area of the label. Besides this, they are beneficial in attracting the attention of customers by offering catchy labels. As a result, sleeve labels are widely utilized in the automotive, food and beverage (F&B), chemical, pharmaceutical, and personal care and cosmetic industries across the globe.
Sleeve Labels Market Trends:
At present, the increasing employment of sleeve labels, as they assist in increasing product visibility and creating brand awareness of a business, represents one of the major factors influencing the market positively. Moreover, the rising adoption of sleeve labels in the automotive industry for temper-evident packaging of fuel additives, cleaners, and sealants is contributing to the growth of the market. Apart from this, the growing adoption of sleeve labels due to the increasing popularity of digital printing among the masses around the world is offering a positive market outlook. Additionally, the rising utilization of sleeve labels that are equipped with tracking and tracing systems, such as radio-frequency identification (RFID) chips and quick response QR codes, is strengthening the growth of the market. Besides this, the increasing adoption of stretch labels, as they provide high elasticity is offering lucrative growth opportunities to industry investors. In addition, there is a rise in the demand for unique, customizable, and attractive packaging solutions. This, coupled with the increasing adoption of sleeve labels in the food and beverage (F&B) industry on account of stringent regulations for labeling, is impelling the growth of the market. Furthermore, the rising utilization of sleeve labels, as they prevent exposure to different temperatures and light conditions, is supporting the growth of the market.Key Market Segmentation:
The publisher provides an analysis of the key trends in each segment of the global sleeve labels market, along with forecasts at the global, regional, and country levels from 2024-2032. The report has categorized the market based on type, printing technology, application, and end use.Type Insights:
- Stretch Sleeves
- Shrink Sleeves
Printing Technology Insights:
- Gravure
- Flexographic
- Offset
- Digital
- Letterpress
Application Insights:
- Pressure Sensitive
- Heat Transfer
- In-Mould
- Heat-Shrink and Stretch and Glue-Applied
End Use Insights:
- Food
- Beverages
- Pharmaceuticals
- Personal Care and Home Care
- Chemicals
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global sleeve labels market. Detailed profiles of all major companies have been provided. Some of the companies covered include Amcor Plc, Avery Dennison Corporation, Berry Global Inc, Bonset America Corporation, Brook + Whittle Ltd, CCL Industries Corp (Ccl Industries Inc), Eastman Chemical Company, Fuji Seal International, Inc., Huhtamaki Oyj, Klöckner Pentaplast Europe GmbH & Co. KG, Multi-Color Corporation (Clayton, Dubilier & Rice, Inc), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report:
- How has the global sleeve labels market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global sleeve labels market?
- What is the impact of each driver, restraint, and opportunity on the global sleeve labels market?
- What are the key regional markets?
- Which countries represent the most attractive sleeve labels market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the sleeve labels market?
- What is the breakup of the market based on the printing technology?
- Which is the most attractive printing technology in the sleeve labels market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the sleeve labels market?
- What is the breakup of the market based on the end use?
- Which is the most attractive end use in the sleeve labels market?
- What is the competitive structure of the global sleeve labels market?
- Who are the key players/companies in the global sleeve labels market?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Sleeve Labels Market
6 Market Breakup by Type
7 Market Breakup by Printing Technology
8 Market Breakup by Application
9 Market Breakup by End Use
10 Market Breakup by Region
11 Drivers, Restraints, and Opportunities
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Amcor Plc
- Avery Dennison Corporation
- Berry Global Inc
- Bonset America Corporation
- Brook + Whittle Ltd
- CCL Industries Corp (Ccl Industries Inc)
- Eastman Chemical Company
- Fuji Seal International Inc.
- Huhtamaki Oyj
- Klöckner Pentaplast Europe GmbH & Co. KG
- Multi-Color Corporation (Clayton
- Dubilier & Rice Inc)
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 148 |
| Published | March 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 15.6 Billion |
| Forecasted Market Value ( USD | $ 22.5 Billion |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
