Market Overview

The Global Shrink & Stretch Sleeve Labels Market was valued at USD 16,744.9 million in 2023 and is expected to reach USD 26,488.1 million by 2031 while growing at a CAGR of 5.9% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global shrink & stretch sleeve labels market growth. Shrink sleeve labels, typically crafted from shrinkable plastic materials like PVC, PET, or OPS (oriented polystyrene), are initially applied to containers flat and then heated to shrink tightly around the container's shape. In contrast, stretch sleeve labels are composed of stretchable plastics such as polyethylene or polyolefin.

The rise in demand for product differentiation and branding, along with the growing popularity of tamper-evident packaging, is propelling the growth of the shrink and stretch sleeve labels market. Nonetheless, challenges such as higher costs compared to traditional labels and regulatory compliance and labeling requirements could hinder market expansion.

Furthermore, the global shrink & stretch sleeve labels industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Type Analysis

The Global Shrink & Stretch Sleeve Labels Market is segmented among Shrink Sleeve, and Stretch Sleeve, based on Type. In 2023, Shrink Sleeve accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Material Analysis

The Global Shrink & Stretch Sleeve Labels Market is segmented among PVC, PET, PE, OPP & OPS, and Other Materials (PO, PLA, etc), based on Material. In 2023, PVC accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Shrink & Stretch Sleeve Labels Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share and is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Bemis Company, Berry Plastic Group Inc., Klockner Pentaplast Group, Amcor PLC, Clondalkin Group Holdings BV, Huhtamaki Oyj, Schur Flexibles, Cenveo Group, and Taghleef Industries.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Shrink & Stretch Sleeve Labels Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Shrink & Stretch Sleeve Labels Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Shrink & Stretch Sleeve Labels Market Segmentation, By Type

• Global Shrink & Stretch Sleeve Labels Market Share Analysis, By Type

• Global Shrink & Stretch Sleeve Labels Market Growth Analysis, By Type

• Global Shrink & Stretch Sleeve Labels Market Trends, By Type

o Shrink Sleeve

o Stretch Sleeve

6. Global Shrink & Stretch Sleeve Labels Market Segmentation, By Material  

• Global Shrink & Stretch Sleeve Labels Market Share Analysis, By Material  

• Global Shrink & Stretch Sleeve Labels Market Growth Analysis, By Material  

• Global Shrink & Stretch Sleeve Labels Market Trends, By Material  

o PVC

o PET

o PE

o OPP & OPS

o Other Materials (PO, PLA, etc)

7. Global Shrink & Stretch Sleeve Labels Market Segmentation, By End-user

• Global Shrink & Stretch Sleeve Labels Market Share Analysis, By End-user

• Global Shrink & Stretch Sleeve Labels Market Growth Analysis, By End-user   

• Global Shrink & Stretch Sleeve Labels Market Trends, By End-user  

o Food

o Soft Drinks

o Alcoholic Drinks

o Cosmetics & Household

o Pharmaceutical

o Others  

8. Global Shrink & Stretch Sleeve Labels Market Segmentation, By Region

• Global Shrink & Stretch Sleeve Labels Market Share Analysis, By Region

• Global Shrink & Stretch Sleeve Labels Market Growth Analysis, By Region

• Global Shrink & Stretch Sleeve Labels Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• Bemis Company*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Berry Plastic Group Inc.

• Klockner Pentaplast Group

• Amcor PLC

• Clondalkin Group Holdings BV

• Huhtamaki Oyj

• Schur Flexibles

• Cenveo Group

• Taghleef Industries  

 *Similar analysis will be provided for each company listed above.