Global Shrink Sleeves Labels Market Size, Trends & Growth Opportunity By Material (Polythene Terephthalate Glycol, Oriented Polystyrene, Polyvinyl Chloride, Polypropylene, Polyethylene, and Others), By Technology (Letterpress Printing, Offset Printing, Flexographic Printing, Rotogravure Printing, and Others), By Application (Personal Care, Food & Beverages, and Others), By Region and Forecast till 2027
Market Overview
Global Shrink Sleeves Labels Market was valued at USD 10.88 billion in 2021 which is expected to reach USD 17.65 billion by 2027 at a CAGR 8.2% from 2022-2027.
Food and beverage packaging are labelled using shrink sleeves. These labels are made of polyester or plastic and can completely encircle the product to confirm the precise geometry of the packaging. 360 design coverage, abrasion, moisture resistance, wide compatibility, full colour, and moisture resistance are the unique features of shrink sleeves labels.   
Market Drivers
The growth of the global market for shrink sleeves labels is anticipated to be boosted by an increase in technological advancements and innovations. For instance, TAKK Industries introduced a new static eliminator bar in January 2020. It is created and crafted for a variety of uses, including the production of shrink sleeves, food and pharmaceutical manufacturing, narrow web digital printing, and flexo printing. The demand for packaged food, beverages, and personal care is also anticipated to increase, which will fuel the growth of the global shrink sleeves labels market. Additionally, a rise in government initiatives and consumer awareness of environmentally friendly, biodegradable, and low-density products will favourably affect the growth of the global shrink sleeves labels market.
Market Restraint
International Shrink Sleeves Labels Market growth is anticipated to be constrained by a number of challenging factors, such as the substitution of bottles with pouches and the complex recycling process.
Impact of COVID- 19 on Market
The COVID 19 Pandemic is a short-term limiting factor for the production, packaging, and manufacturing industries worldwide. The COVID 19 outbreak is probably going to short-term decrease consumer demand. It is anticipated to restrain the growth of the global market for shrink sleeves labels. 
Market Segmentation
Global Shrink Sleeves Labels Market is segmented into material Polythene Terephthalate Glycol, Oriented Polystyrene, Polyvinyl Chloride, Polypropylene, and Polyethylene, and others, by technology such as Letterpress Printing, Offset Printing, Flexographic Printing, Rotogravure Printing, and Others. Further, Global Shrink Sleeves Labels Market is segmented into application such as Personal Care, Food & Beverages, and Others.
Also, Global Shrink Sleeves Labels Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The emerging economies of China and India have largely been responsible for the significant growth of the shrink sleeve and stretch sleeve labels market in the Asia-Pacific region. The Asia-Pacific region is primarily driven by rising urbanization, rising packaged food demand, widespread availability of polymer films, and relatively inexpensive labour. Shrink and stretch sleeves, which are economical options for decorating containers with highly complex shapes, are expected to see significant growth in South-East Asia, a price-sensitive market. Additionally, the easy accessibility of polymer films and the affordability of labour are fueling market expansion.
Market Key Players
Various ky players are discussed in this report such as  Sleevevo, Macfarlane Group, Hammer Packaging, Fuji Seal International, Inc.,  The DOW Chemical Company, Klockner Pentaplast Group, Huhtamaki OYJ, Cenveo,  CCL Industries, and Berry Plastics Group Inc.
Market Taxonomy
By Material
• Polythene Terephthalate Glycol
• Oriented Polystyrene
• Polyvinyl Chloride
• Polypropylene
• Polyethylene
• Others
By Technology
• Letterpress Printing
• Offset Printing
• Flexographic Printing
• Rotogravure Printing
• Others
By Application
• Personal Care
• Food & Beverages
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Global Shrink Sleeves Labels Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Shrink sleeves Labels Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Shrink sleeves Labels Market, By Material
5.1 Y-o-Y Growth Comparison, By Material 
5.2 Global Shrink sleeves Labels Market Share Analysis, By Material 
5.3 Global Shrink sleeves Labels Market Size and Forecast, By Material
5.3.1Polythene Terephthalate Glycol
5.3.2 Oriented Polystyrene
5.3.3Polyvinyl Chloride
5.3.4Polypropylene
5.3.5Polyethylene
5.3.6Others
6 Global Shrink sleeves Labels Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Shrink sleeves Labels Market Share Analysis, By Technology
6.3 Global Shrink sleeves Labels Market Size and Forecast, By Technology
6.3.1 Letterpress printing
6.3.2 Offset Printing
6.3.3 Flexographic Printing
6.3.4 Rotogravure Printing
6.3.5 Others
7 Global Shrink sleeves Labels Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Shrink sleeves Labels Market Share Analysis, By Application
7.3 Global Shrink sleeves Labels Market Size and Forecast, By Application
7.3.1 Personal Care
7.3.2 Food & Beverage
7.3.3.  Others
8Global Shrink sleeves Labels Market, By Region
8.1 Global Shrink sleeves Labels Market Share Analysis, By Region
8.2 Global Shrink sleeves Labels Market Share Analysis, By Region
8.3 Global Shrink sleeves Labels Market Size and Forecast, By Region
9 North America Shrink sleeves Labels Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 North America Shrink sleeves Labels Market Share Analysis, By Material
9.3 North America Shrink sleeves Labels Market Size and Forecast, By Technology
9.4 North America Shrink sleeves Labels Market Size and Forecast, By Application
9.5 North America Shrink sleeves Labels Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10Europe Shrink sleeves Labels Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Europe Shrink sleeves Labels Market Share Analysis, By Material 
10.3 Europe Shrink sleeves Labels Market Size and Forecast, By Technology 
10.4 Europe Shrink sleeves Labels Market Size and Forecast, By Application
10.5 Europe Shrink sleeves Labels Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Shrink sleeves Labels Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Asia Pacific Shrink sleeves Labels Market Share Analysis, By Material 
11.3 Asia Pacific Shrink sleeves Labels Market Size and Forecast, By Technology 
11.4 Asia Pacific Shrink sleeves Labels Market Size and Forecast, By Application
11.5 Asia Pacific Shrink sleeves Labels Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Shrink sleeves Labels Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Latin America Shrink sleeves Labels Market Share Analysis, By Material 
12.3 Latin America Shrink sleeves Labels Market Size and Forecast, By Technology 
12.4 Latin America Shrink sleeves Labels Market Size and Forecast, By Application
12.5 Latin America Shrink sleeves Labels Market Size and Forecast, Country
13Middle East Shrink sleeves Labels Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Middle East Shrink sleeves Labels Market Share Analysis, By Material 
13.3 Middle East Shrink sleeves Labels Market Size and Forecast, By Technology 
13.4 Middle East Shrink sleeves Labels Market Size and Forecast, By Application
13.5 Middle East Shrink sleeves Labels Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Sleevevo
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Macfarlane Group
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Hammer Packaging
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Fuji Seal International, Inc
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 The DOW Chemical Company
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Klockner Pentaplast Group
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Huhtamaki OYJ
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies 
15.8 Cenveo
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies 
15.9 CCL Industries
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies 
15.10 Berry Plastics Group Inc 
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies 
15.1Inland 
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies