Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Sleeve Labels Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Sleeve Labels Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Sleeve
Labels Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Sleeve Labels Market is offered. In accordance with the report, the global
Sleeve Labels Market is projected to
expand by healthy CAGR over the period
of forecast.
Market Insight, Drivers, Restraints,
Opportunity & Trends of the Market:
Definition
Sleeve
Labels are flamboyant wraparounds placed around containers to improve its
eye-catchiness. This product is of two types – Shrink sleeve labels and Stretch
Sleeve labels. Shrink labels shrink tightly on any shape and size of the
container in the application of heat. On the other hand, stretch sleeve labels
are elastic and can be applied on any container without the application of
heat. Sleeve labels comprises of information that can vary from branding to
product information.
Market Drivers
The
positive benefits associated with the application of sleeve labels is primarily
driving its market. The advanced security features provide UV protection and
assists in improving the life-span of the product. These labels are
incorporated with tracking systems including QR Codes and RFID Chips. This
tracking systems not only acts as a prevention from counterfeiting but also
assists in tracking the containers. The manual tracking of containers is a
hectic task even for the smallest of volumes. The QR Codes of sleeve labels are
possible for computerized reading which along with the aforementioned factor is
fueling the growth of this market.
In
course of time, incidences of tampering and forging products have risen. Hard
and fast directives of the regulatory bodies to combat these problems
especially in the food and beverage sector is bolstering the growth of this
market since sleeve labels are qualified enough to emit such issues.
Packaging
and Labeling are some of the important marketing tools in the hands of the leading
players to capture consumer attention. The craze for visually enticing
packaging and labeling is aiding companies to obtain a competitive edge which
is further propelling the growth of this market.
Packaging and labelling are crucial
manufacturing process of a variety of fast-moving consumer goods. The
prosperous end use sector of sleeve labels is augmenting the growth of the
sleeve labels market.
Market Restraints
Environmental
concerns are disrupting the operations of this market. The adherence to policies
aimed at the implementation of strict directives for environmental conservation
taking a toll on this market. various chemicals and polymers used in the
production of sleeve labels are hindering the growth of this market.
Out
of the two types of labels, shrink labels are highly priced. Further, stretch
labels does not facilitate the labeling of the head or over-the-cap which is a
severe bottleneck to this market.
The
Covid-19 pandemic has disturbed the supply chain of the packaging and labeling
industry which has hindered the sleeve labels market.
Opportunities
The
expansion of the packaging industry especially in the Asia Pacific region owing
to rising population and disposable incomes in the emerging nations like China
and India is expected to provide lucrative opportunities to this market.
The
prosperous pharmaceutical industry is a significant consumer of sleeve labels
since the utilization of these labels helps to identify counterfeit products is
expected to provide good scope to this market.
Trends
The
super stretch sleeve labels that can be applied on containers with any shape
and size is expected to showcase significant market traction. Further, the Food
and Beverage sector is expected to emerge as a leading consumer of the sleeve
labels market in the forecast period. The Asia Pacific region is projected to
emerge as the fastest growing region in the sleeve labels market in the
forecast period. Such progress can be traced back to the presence of developing
nations like India and China. Rapid urbanization, the skyrocketing consumption
of packaged foods, ample source of supply of polymers at a cheap price and also
the availability of human resource at a cheap cost are some of the factors
responsible for such progress of this region.
Segment Covered:
This market
intelligence report on the global Sleeve Labels Market encompasses market segments based on product type,
material type, end use, printing technology and country.
By
Product Type the global Sleeve Labels Market has been divided into:
q Shrink
Sleeves
q Stretch
Sleeves
By Material Type the global Sleeve
Labels Market has been divided into:
q Polythene
Terephthalate Glycol
q Polyvinyl
Chloride
q Oriented
Polystyrene
q Polypropylene
q Polyethylene
o HDPE
o LDPE
o LLDPE
q Others
By End
Use the global Sleeve Labels Market has been divided into:
q Food
o
Frozen Foods
o
Baby Foods
o
Dairy Products
o
Bakery & Confectionery
o
Others
q Beverages
o
Alcoholic
o
Non-Alcoholic
q Pharmaceuticals
q Personal Care & Home Care
o
Toiletries
o
Hair & Skin Care
o
Baby Care
o
Others
q
Chemicals
q
Others
By country/region,
the global Sleeve Labels Market has been divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q CCL
Industries
q Far
Eastern New Century
q Eastman
q Bemis
Company
q Amcor
Ltd
q Taghleef
Industries
q Classic
Labels
q Huhtamaki
OYJ
q Edwards
Label Inc
q Berry
Global Inc
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Sleeve Labels Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Few Recent Developments
CCL Industries
In July 2020,
EcoFloat TD shrink sleeve was introduced by CCL Industries. The development of
such products was aimed at the attainment of sustainability and recycling
objectives.
Far Eastern New Century
In February
2020, Top Green Heat Shrink PET Films for shrink sleeve labels of Far Eastern
New Century exceeded the necessity for its Critical Guidance Protocol for Clear
PET articles with Labels and Closures.
Eastman
In April 2019,
recyclable shrink-sleeve label resins approved by APR was launched by Eastman.
Embrace Float and Embrace Encore used recyclable shrink labels.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Sleeve
Labels Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Sleeve Labels Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Sleeve Labels caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Sleeve
Labels Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Sleeve Labels Market
v
Identification
of key factors driving investment opportunities in the Sleeve Labels
Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants
