Market Overview:
The global stretch and shrink sleeves packaging market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for packaged food and beverages, rising consumer awareness about product quality, and technological advancements in stretch and shrink sleeve packaging technology. On the basis of type, the global stretch and shrink sleeves packaging market is segmented into flexography, digital printing, rotogravure, and other printing technologies. Of these segments, flexography is expected to account for the largest share of the global market in 2018.
Product Definition:
Stretch and shrink sleeves are a type of packaging that is used to cover the outside of a product. This type of packaging is important because it helps to protect the product from damage and also helps to market the product.
Flexography:
Flexography is a printing technique that involves the application of pressure on to the printing surface in order to change its shape. It is also known as corrugated folding, and consists of two components namely ‘flexographic print’ and ‘flexo-printing plate’.
Digital Printing:
Digital printing is a process of converting the analog or continuous feed paper into digital form by using an electronic printer. It is also known as print on demand technology. In this process, instead of ink, the image is stored in digital form in the memory of printer and whenever needed it prints onto the page. This technology has many advantages over traditional offset printing including lower cost per print, less waste (unlike traditional offset), and ability to produce higher quality prints quickly (traditional offset takes longer).
Application Insights:
The beverages application segment led the global stretch and shrink sleeves packaging market in 2017. This can be attributed to growing demand for packaged drinking water, soft drinks, juices, alcoholic drinks and other related products. In addition, factors such as rising disposable income levels among consumers in developing countries is expected to drive the growth of the beverage industry which will further fuel demand for stretch film over the forecast period.
The personal care application segment accounted for a significant share of 15.1% in terms of revenue on account of high product usage in manufacturing cosmetic products such as face wash & bar soap among others which are highly elastic and can be easily fitted into sleeve films made up of high-density polyethylene (HDPE) or low density polyethylene (LDPE).
Regional Analysis:
North America was the largest regional market in 2017 owing to growing demand for flexible packaging solutions from various end-use industries, such as food and beverages, pharmaceuticals, and cosmetics. The region is expected to maintain its dominance over the forecast period due to increasing use of digital printing technology. Europe accounted for a significant share of global market revenue in 2017 owing to high product penetration by major companies such as Unilever; Danone; Beiersdorf AG; Colgate-Palmolive Co.; Nestl© S.A.; PepsiCo Inc.; Coca Cola Company; Johnson & Johnson Services Inc.; Kellogg’s Co., Ltd., etc. Rising demand for convenient packaging solutions from consumers is anticipated to drive this regional market further.
Growth Factors:
- Increasing demand for convenience foods and ready-to-eat meals: The growth of the stretch and shrink sleeves packaging market is mainly driven by the increasing demand for convenience foods and ready-to-eat meals. These types of food are easy to prepare and do not require any additional cooking time, which makes them a convenient option for busy people.
- Rising disposable income levels: Another key growth driver for the stretch and shrink sleeves packaging market is rising disposable income levels in developing countries. This has led to an increase in consumer spending on food products, which is driving the demand for packaged food items that are available in different sizes and shapes.
- Growing popularity of flexible packaging: The growing popularity of flexible packaging is also contributing to the growth of the stretch and shrink sleeves packaging market. Flexible packages are easier to store, transport, open, close, recycle, and dispose than traditional rigid containers such as cans or bottles. They also offer a number of other benefits such as tamper resistance, product differentiation potentials etc., which are making them increasingly popular among consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stretch and Shrink Sleeves Packaging Market Research Report
By Type
Flexography, Digital Printing, Rotogravure
By Application
Beverages, Personal Care, Food, Other
By Companies
Verst Group Logistics, Axon, SleeveCo, Kable, Penn Packaging, Atlantic Corporation, CLONDALKIN GROUP, Beats Digging Ditches, Traco, Gilbreth Shrink Sleeve Labels, Mepco Label Systems, Inovar, Flexo Impressions, Century Label
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Stretch and Shrink Sleeves Packaging Market Report Segments:
The global Stretch and Shrink Sleeves Packaging market is segmented on the basis of:
Types
Flexography, Digital Printing, Rotogravure
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
Beverages, Personal Care, Food, Other
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:
- Verst Group Logistics
- Axon
- SleeveCo
- Kable
- Penn Packaging
- Atlantic Corporation
- CLONDALKIN GROUP
- Beats Digging Ditches
- Traco
- Gilbreth Shrink Sleeve Labels
- Mepco Label Systems
- Inovar
- Flexo Impressions
- Century Label
Highlights of The Stretch and Shrink Sleeves Packaging 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:
- Flexography
- Digital Printing
- Rotogravure
- By Application:
- Beverages
- Personal Care
- Food
- Other
- 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 Stretch and Shrink Sleeves Packaging 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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- Product & Brand Management
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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?
Stretch and shrink sleeves packaging is a type of packaging that uses stretch film or shrink wrap to enclose products. The film is stretched around the product, then shrunk down so that it covers the product completely. This type of packaging can be used to protect products from damage, moisture, and other contaminants.
Some of the major companies in the stretch and shrink sleeves packaging market are Verst Group Logistics, Axon, SleeveCo, Kable, Penn Packaging, Atlantic Corporation, CLONDALKIN GROUP, Beats Digging Ditches, Traco, Gilbreth Shrink Sleeve Labels, Mepco Label Systems, Inovar, Flexo Impressions, Century Label.
The stretch and shrink sleeves packaging market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Stretch and Shrink Sleeves Packaging Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Stretch and Shrink Sleeves Packaging Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stretch and Shrink Sleeves Packaging Market - Supply Chain
4.5. Global Stretch and Shrink Sleeves Packaging Market Forecast
4.5.1. Stretch and Shrink Sleeves Packaging Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stretch and Shrink Sleeves Packaging Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stretch and Shrink Sleeves Packaging Market Absolute $ Opportunity
5. Global Stretch and Shrink Sleeves Packaging Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Type
5.3.1. Flexography
5.3.2. Digital Printing
5.3.3. Rotogravure
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stretch and Shrink Sleeves Packaging Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Application
6.3.1. Beverages
6.3.2. Personal Care
6.3.3. Food
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Stretch and Shrink Sleeves Packaging Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Stretch and Shrink Sleeves Packaging Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Stretch and Shrink Sleeves Packaging Demand Share Forecast, 2019-2029
9. North America Stretch and Shrink Sleeves Packaging Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Application
9.4.1. Beverages
9.4.2. Personal Care
9.4.3. Food
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Type
9.7.1. Flexography
9.7.2. Digital Printing
9.7.3. Rotogravure
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Stretch and Shrink Sleeves Packaging Demand Share Forecast, 2019-2029
10. Latin America Stretch and Shrink Sleeves Packaging Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Application
10.4.1. Beverages
10.4.2. Personal Care
10.4.3. Food
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Type
10.7.1. Flexography
10.7.2. Digital Printing
10.7.3. Rotogravure
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Stretch and Shrink Sleeves Packaging Demand Share Forecast, 2019-2029
11. Europe Stretch and Shrink Sleeves Packaging Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Application
11.4.1. Beverages
11.4.2. Personal Care
11.4.3. Food
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Type
11.7.1. Flexography
11.7.2. Digital Printing
11.7.3. Rotogravure
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Stretch and Shrink Sleeves Packaging Demand Share, 2019-2029
12. Asia Pacific Stretch and Shrink Sleeves Packaging Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Application
12.4.1. Beverages
12.4.2. Personal Care
12.4.3. Food
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Type
12.7.1. Flexography
12.7.2. Digital Printing
12.7.3. Rotogravure
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Stretch and Shrink Sleeves Packaging Demand Share, 2019-2029
13. Middle East & Africa Stretch and Shrink Sleeves Packaging Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Stretch and Shrink Sleeves Packaging Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Application
13.4.1. Beverages
13.4.2. Personal Care
13.4.3. Food
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Stretch and Shrink Sleeves Packaging Market Size and Volume Forecast by Type
13.7.1. Flexography
13.7.2. Digital Printing
13.7.3. Rotogravure
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Stretch and Shrink Sleeves Packaging Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Stretch and Shrink Sleeves Packaging Market: Market Share Analysis
14.2. Stretch and Shrink Sleeves Packaging Distributors and Customers
14.3. Stretch and Shrink Sleeves Packaging Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Verst Group Logistics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Axon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SleeveCo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kable
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Penn Packaging
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Atlantic Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CLONDALKIN GROUP
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Beats Digging Ditches
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Traco
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gilbreth Shrink Sleeve Labels
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mepco Label Systems
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Inovar
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Flexo Impressions
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Century Label
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
