수축 및 스트레치 슬리브 라벨 : 시장 점유율 분석, 산업 동향, 성장 예측(2025-2030년)

The Shrink And Stretch Sleeve Labels Market is expected to register a CAGR of 6.5% during the forecast period.

Key Highlights

• These labels represent advanced labeling solutions that offer significant advantages over traditional adhesive labels. They are extensively utilized across various industries, including food and beverage, household products, and chemical packaging.
• The shrink and stretch sleeve labels market has experienced significant growth over the past decade, driven by the increasing demand for innovative and visually appealing packaging solutions. This growth is attributed to advancements in printing technologies and the rising need for product differentiation in a competitive market.
• These labels, made from polymer materials such as PVC, PETG, and OPS, encase products, providing a seamless 360-degree branding opportunity. This full-body coverage offers substantial advantages over traditional labels, allowing brands to utilize the entire surface area for marketing and information purposes. The ability to print high-resolution graphics and vibrant colors on these labels enhances brand visibility and consumer engagement.
• This trend is particularly prevalent in the food and beverage industry, where visual appeal directly influences consumer purchasing decisions. Additionally, the pharmaceutical and personal care industries have adopted these labels for their ability to conform to complex shapes, provide tamper evidence, and enhance the product's overall appeal. The versatility of shrink and stretch sleeve labels in accommodating various container shapes and sizes makes them a preferred choice for manufacturers aiming to improve shelf presence and brand recognition.
• Asia-Pacific dominates the global shrink and stretch sleeve labels market, exhibiting significant regional disparities. The region's growth is driven by a robust manufacturing industry, a growing middle-income group, and increasing demand for packaged goods. Key markets such as China, India, and Japan lead the way, capitalizing on their advanced technology and large-scale production capabilities.
• Although the shrink and stretch sleeve labels market demonstrates a promising growth trajectory, it faces significant challenges. Chief among these is the environmental impact of plastic-based materials, which has attracted increased scrutiny from regulators and environmentally conscious consumers.

Shrink And Stretch Sleeve Labels Market Trends

Demand to Increase On-shelf Appeal of Various Products Expected to Drive the Market

• The rising demand for enhancing product shelf appeal is a primary growth driver for the shrink and stretch sleeve labels market. As competition intensifies in the consumer goods industry, brands are increasingly adopting innovative strategies for differentiation. Shrink and stretch sleeve labels, known for their full-body coverage and high-quality prints, present a compelling solution.
• Their 360-degree branding capability allows for more elaborate designs than conventional labels, significantly boosting a product's visual impact on the shelf. This increased visibility attracts more consumer attention and drives higher sales. Moreover, the growing consumption of packaged beverages is further accelerating the shrink and stretch sleeve labels market.
• Shrink and stretch sleeve labels are gaining traction primarily due to their design versatility. They conform seamlessly to containers, whether bottles, jars, or irregular shapes, making them an optimal choice for diverse products. This adaptability enables brands to implement innovative designs that traditional labels cannot achieve.
• Companies now incorporate matte finishes, metallic effects, and tactile elements, enhancing the consumer's visual and tactile experience. Such advanced packaging capabilities are essential for brands aiming to differentiate themselves in a competitive market.

Asia-Pacific Holds a Significant Share of the Shrink and Stretch Sleeve Labels Market

• The Asia-Pacific shrink and stretch sleeve labels market, primarily driven by China and India, owes its growth to several factors. These include increased urbanization, increased packaged food consumption, the ready availability of polymer films, and a cost-effective labor force. Urbanization has spurred greater demand for consumer goods, subsequently driving the need for efficient packaging solutions.
• Meanwhile, the uptick in packaged food consumption, attributed to evolving lifestyles and rising disposable incomes, has made convenience foods more mainstream. The easy accessibility of polymer films, crucial for crafting these sleeves, ensures a consistent raw material supply. Furthermore, the region's competitive labor costs help curb production expenses, rendering these labeling solutions more cost-effective for manufacturers.
• Southeast Asia, known for its price-sensitive market, is poised for significant growth in introducing shrink and stretch sleeves. These sleeves, known for their cost-effective embellishment of containers with intricate designs, are gaining favor in the regional market. With polymer films readily available and labor costs affordable, the market's momentum is further bolstered. Given the region's price sensitivity, shrink and stretch sleeves emerge as an appealing choice for manufacturers seeking to balance cost-efficiency with premium packaging. Moreover, the intricate designs achievable with these sleeves enable brands to stand out on crowded shelves, enhancing their appeal to consumers.
• While China and India lead the Asia-Pacific market, each country in the region responded uniquely to the COVID-19 pandemic. Notably, in nations where packaging significantly contributes to the GDP, the manufacturing and production of packaging and labeling industries have persevered. The pandemic underscored packaging's pivotal role in safeguarding product safety and integrity, sustaining demand in these industries. Countries with robust packaging industries have not only maintained economic stability but also bolstered their GDP through continuous production and innovative labeling solutions.
• Across regional countries, there has been a marked uptick in processed food demand. Manufacturers are increasingly turning to stretch and shrink films, drawn by their versatility, durability, and cost-effectiveness. This heightened adoption not only aids food manufacturers in delivering safer, higher-quality products but also fuels the demand for stretch sleeves and shrink labels.
• The films' adaptability allows them to fit various container shapes and sizes, catering to diverse packaging needs. Their durability ensures labels remain intact and legible throughout the product's lifecycle, while their cost-effectiveness appeals to manufacturers aiming to optimize packaging budgets. Consequently, the demand for these labeling solutions continues to rise, bolstering the Asia-Pacific market's overall expansion.

Shrink And Stretch Sleeve Labels Industry Overview

The shrink and stretch sleeve labels market exhibits a highly fragmented competitive landscape characterized by numerous regional small and medium-sized enterprises. The increasing demand for customization is fueling the emergence of these smaller players, each addressing a specific segment of customers' tailored requirements.

Key players are adopting strategic acquisitions and partnerships and bringing innovative solutions to the market. Key players in the shrink and stretch sleeve labels market are strategically acquiring and partnering with other companies to enhance their product portfolios and introduce innovative solutions. These strategies aim to strengthen their market position and meet the evolving demands of consumers.

• In June 2024, Amcor, a global player in sustainable packaging solutions, partnered with Lorenz Snacks, a prominent snack manufacturer, to introduce a recyclable package for its Lentil Coated Peanuts product.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

• 4.1 Industry Attractiveness - Porter's Five Forces Analysis
  • 4.1.1 Bargaining Power of Suppliers
  • 4.1.2 Bargaining Power of Buyers/Consumers
  • 4.1.3 Threat of New Entrants
  • 4.1.4 Threat of Substitute Products
  • 4.1.5 Intensity of Competitive Rivalry
• 4.2 Impact of Macroeconomic Factors on Market
• 4.3 Analysis of Key Trends in the Overall Labeling Industry (Share Comparison of Shrink and Sleeve Labels)

5 MARKET DYNAMICS

• 5.1 Market Overview
• 5.2 Market Drivers
  • 5.2.1 Ability to Conform to any Size and Shape, and Yet Provide the Necessary Protection
  • 5.2.2 Demand to Increase On-shelf Appeal of Various Products
  • 5.2.3 Need for Tamper-evident Protection Will Drive the Shrink Sleeves Market
• 5.3 Market Challenges
  • 5.3.1 Growing Demand for Stand-up Pouches in the Beverage Industry and Elaborate Nature of the Overall Recycling Process
• 5.4 Market Opportunities

6 MARKET SEGMENTATION

• 6.1 By Type
  • 6.1.1 Shrink Sleeve
  • 6.1.2 Stretch Sleeve
• 6.2 By Material
  • 6.2.1 PVC
  • 6.2.2 PET
  • 6.2.3 PE
  • 6.2.4 OPP & OPS
  • 6.2.5 Other Materials (PO, PLA, etc.)
• 6.3 By End User
  • 6.3.1 Food
  • 6.3.2 Soft Drinks
  • 6.3.3 Alcoholic Drinks
  • 6.3.4 Cosmetics & Household
  • 6.3.5 Pharmaceutical
  • 6.3.6 Other End Users
• 6.4 By Geography
  • 6.4.1 North America
    • 6.4.1.1 United States
    • 6.4.1.2 Canada
  • 6.4.2 Europe
    • 6.4.2.1 United Kingdom
    • 6.4.2.2 Germany
    • 6.4.2.3 France
  • 6.4.3 Asia
    • 6.4.3.1 China
    • 6.4.3.2 India
    • 6.4.3.3 Japan
  • 6.4.4 Australia and New Zealand
  • 6.4.5 Latin America
  • 6.4.6 Middle East and Africa

7 COMPETITIVE LANDSCAPE

• 7.1 Company Profiles
  • 7.1.1 Bemis Company
  • 7.1.2 Berry Plastic Group Inc.
  • 7.1.3 Klockner Pentaplast Group
  • 7.1.4 Amcor PLC
  • 7.1.5 Clondalkin Group Holdings BZ
  • 7.1.6 Huhtamaki Oyj
  • 7.1.7 Schur Flexibles
  • 7.1.8 Cenveo Group
  • 7.1.9 Taghleef Industries

8 KEY RESIN SUPPLIERS OF SHRINK AND SLEEVE LABELS

• 8.1 Exxon Mobil Corporation
• 8.2 Eastman Chemicals
• 8.3 Lyondell Basell
• 8.4 The Dow Chemical Company
• 8.5 Celanese Corporation
• 8.6 Indorama Group
• 8.7 LG Chem Limited
• 8.8 Carmel Olefins Limited
• 8.9 Borealis Group
• 8.10 Nova Chemicals
• 8.11 SABIC Group

9 INVESTMENT ANALYSIS

10 MARKET OUTLOOK