Market Overview:
The global OPS heat shrink label market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for OPS heat shrink labels in various applications such as food & beverage, pharmaceuticals, personal care, and others. In terms of type, the below 15 micron thickness segment is expected to witness highest growth during the forecast period owing to its properties such as clarity and resistance against abrasion. Region-wise, North America is estimated to hold a major share of the global OPS heat shrink label market in 2018 followed by Europe and Asia Pacific.
Product Definition:
An OPS Heat Shrink Label is a type of adhesive label that is designed to be used with heat shrink tubing. The label is applied to the surface of the tubing, and then the tubing is heated so that it shrinks around the label. This creates a waterproof and weatherproof seal that can protect against moisture and other environmental hazards.
Below 15 Micron Thickness:
Below 15 micron thickness is a new term in the industry and it has been gaining significant acceptance among customers. The major factor that has fueled the acceptance of below 15 micron products is their ability to provide high thermal stability at low label temperatures.
15-20 Micron Thickness:
15-20 Micron Thickness is the approximate thickness of a human hair. It is used in manufacturing of labels that are applied on food and beverage cans, metal pipes, automotive parts and many other products. The average size for a 15-20 Micron thick label would be around 2.5 x 3 inches which makes it the perfect size to print or apply on almost any product with ease.
Application Insights:
The others application segment accounted for the largest revenue share in 2016 and is expected to witness significant growth over the forecast period. Other applications include medical, textile, packaging and electronic industries.
Food & beverage was the leading application segment in 2016 accounting for a 35% share of total market revenue on account of its extensive usage in frozen foods packaging products including ice cream bars, cakes pies and snacks among others. It is also used extensively in beverages including alcoholic drinks like wine coolers beer etc.
Regional Analysis:
Asia Pacific dominated the global OPS heat shrink label market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for food & beverages, pharmaceuticals, personal care products along with others. China and India are among the largest markets in this region owing to growing population coupled with rising living standards have created a high demand for consumer goods such as apparel, footwear, furniture etc.
The Middle East & Africa is anticipated to grow at a significant rate over the forecast period owing to rapid development of end-use industries such as medical devices and electronics in countries including Saudi Arabia and UAE. North America also has considerable growth opportunities due to rapidly expanding food processing industry coupled with stringent regulations by U.
Growth Factors:
- Increasing demand for heat shrink labels in the food and beverage industry as they provide a tamper-evident and durable seal.
- The increasing popularity of craft beers and home brewing, which has led to an increase in the demand for customized heat shrink labels.
- The growing trend of product personalization, which has led to an increase in the use of heat shrink labels for product branding and identification purposes.
- The increasing use of RFID tags in conjunction with heat shrink labels, which provides a more secure and efficient way to track inventory levels and movement across supply chains.
Scope Of The Report
Report Attributes
Report Details
Report Title
OPS Heat Shrink Label Market Research Report
By Type
Below 15 Micron Thickness, 15-20 Micron Thickness, 20-30 Micron Thickness
By Application
Food & Beverage, Pharmaceuticals, Personal Care, Others
By Companies
Benison, Pack Tight Packing, Shenzhen Huacheng Packing Material, Gunze, Zhangjiagang Sanhe Packaging Materials, Swiss Pac
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global OPS Heat Shrink Label Market Report Segments:
The global OPS Heat Shrink Label market is segmented on the basis of:
Types
Below 15 Micron Thickness, 15-20 Micron Thickness, 20-30 Micron Thickness
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverage, Pharmaceuticals, Personal Care, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Benison
- Pack Tight Packing
- Shenzhen Huacheng Packing Material
- Gunze
- Zhangjiagang Sanhe Packaging Materials
- Swiss Pac
Highlights of The OPS Heat Shrink Label Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 15 Micron Thickness
- 15-20 Micron Thickness
- 20-30 Micron Thickness
- By Application:
- Food & Beverage
- Pharmaceuticals
- Personal Care
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the OPS Heat Shrink Label Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
OPS Heat Shrink Label is a thermal shrink film designed to protect electronic equipment from extreme heat.
Some of the major companies in the ops heat shrink label market are Benison, Pack Tight Packing, Shenzhen Huacheng Packing Material, Gunze, Zhangjiagang Sanhe Packaging Materials, Swiss Pac.
The ops heat shrink label market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 OPS Heat Shrink Label Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 OPS Heat Shrink Label Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 OPS Heat Shrink Label Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the OPS Heat Shrink Label Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global OPS Heat Shrink Label Market Size & Forecast, 2018-2028 4.5.1 OPS Heat Shrink Label Market Size and Y-o-Y Growth 4.5.2 OPS Heat Shrink Label Market Absolute $ Opportunity
Chapter 5 Global OPS Heat Shrink Label Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 OPS Heat Shrink Label Market Size Forecast by Type
5.2.1 Below 15 Micron Thickness
5.2.2 15-20 Micron Thickness
5.2.3 20-30 Micron Thickness
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global OPS Heat Shrink Label Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 OPS Heat Shrink Label Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Pharmaceuticals
6.2.3 Personal Care
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global OPS Heat Shrink Label Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 OPS Heat Shrink Label Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America OPS Heat Shrink Label Analysis and Forecast
9.1 Introduction
9.2 North America OPS Heat Shrink Label Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America OPS Heat Shrink Label Market Size Forecast by Type
9.6.1 Below 15 Micron Thickness
9.6.2 15-20 Micron Thickness
9.6.3 20-30 Micron Thickness
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America OPS Heat Shrink Label Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Pharmaceuticals
9.10.3 Personal Care
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe OPS Heat Shrink Label Analysis and Forecast
10.1 Introduction
10.2 Europe OPS Heat Shrink Label Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe OPS Heat Shrink Label Market Size Forecast by Type
10.6.1 Below 15 Micron Thickness
10.6.2 15-20 Micron Thickness
10.6.3 20-30 Micron Thickness
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe OPS Heat Shrink Label Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Pharmaceuticals
10.10.3 Personal Care
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific OPS Heat Shrink Label Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific OPS Heat Shrink Label Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific OPS Heat Shrink Label Market Size Forecast by Type
11.6.1 Below 15 Micron Thickness
11.6.2 15-20 Micron Thickness
11.6.3 20-30 Micron Thickness
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific OPS Heat Shrink Label Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Pharmaceuticals
11.10.3 Personal Care
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America OPS Heat Shrink Label Analysis and Forecast
12.1 Introduction
12.2 Latin America OPS Heat Shrink Label Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America OPS Heat Shrink Label Market Size Forecast by Type
12.6.1 Below 15 Micron Thickness
12.6.2 15-20 Micron Thickness
12.6.3 20-30 Micron Thickness
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America OPS Heat Shrink Label Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Pharmaceuticals
12.10.3 Personal Care
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) OPS Heat Shrink Label Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) OPS Heat Shrink Label Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) OPS Heat Shrink Label Market Size Forecast by Type
13.6.1 Below 15 Micron Thickness
13.6.2 15-20 Micron Thickness
13.6.3 20-30 Micron Thickness
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) OPS Heat Shrink Label Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Pharmaceuticals
13.10.3 Personal Care
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 OPS Heat Shrink Label Market: Competitive Dashboard
14.2 Global OPS Heat Shrink Label Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Benison
14.3.2 Pack Tight Packing
14.3.3 Shenzhen Huacheng Packing Material
14.3.4 Gunze
14.3.5 Zhangjiagang Sanhe Packaging Materials
14.3.6 Swiss Pac