“Global
Sleeve Label Packaging Market Analysis & Opportunity Outlook 2021”
The global sleeve label
packaging market is segmented by material type which includes plastic, paper
and other materials. Further, excellent shrink capability and better seaming
properties are major advantages of plastic materials which are fuelling the
demand for plastic materials in sleeve label packaging various industries.
Furthermore, other beneficial properties of plastic materials such as better malleability
are expected to enhance the growth of this segment over the forecast period.
Global sleeve label packaging market
is expected to witness significant growth over the forecast period. Moreover, ease
of printing & varnishing and higher sustainability of sleeve label packaging
are of some major factors which are driving the growth of global sleeve label
packaging market. Additionally, sleeve label packaging is a cost effective
method to decorate and design a complex shape product and offers better brand
identity to the products. Further, these factors are likely to be the dynamic
factors behind the growth of global
sleeve label packaging market during the forecast period.
The shrink label packaging
segment by type is likely to grow at remarkable pace during the forecast period.
Shrink label packaging is mainly used for packaging of retail products and other
end use products. Increasing consumption of end use products is a major factor
which is envisioned to bolster the growth of this segment in future. Apart from
this, ease of preprinting on shrink films is also a key factor which is propelling
the growth of this segment.
Evolution in Packaging
Industry
Continuous enhancement in packaging methods and trends
in packaging industry such as customization, green packaging and brand identity
are major factors which are expanding the use of shrink labels packaging in
various industries. Moreover, rising trend for barcoding of products is believed
to expand the market of sleeve label packaging in near future.
Growing Food &
Beverage Industry
Sleeve label packaging finds
various application in end use industries such as food & beverage industry.
Introduction of biodegradable polymer material for sleeve label packaging (eco-friendly
and low-density) for food and beverage products has boosted the growth of global
sleeve label packaging market.
Although, lack of recyclability
of most of sleeve label packaging material is a major factor which is likely to
inhibit the growth of the sleeve label packaging market in the near future.
The
report titled “Global Sleeve Label Packaging
Market Analysis & Opportunity Outlook 2021” delivers detailed overview of
the global sleeve label packaging market in terms of market segmentation by type,
by application method, by material, by end-user and by region.
Further,
for the in-depth analysis, the report encompasses the industry growth drivers,
restraints, supply and demand risk, market attractiveness, BPS analysis and
Porter’s five force model.
This report also provides the
existing competitive scenario of some of the key players of the global sleeve
label packaging market which includes company profiling of Accraply Inc., Bonset America Corporation, Avery
Dennison Corporation, Taghleef Industries group, Flint Group, SleeveCo Inc.,
CCL Industries, Esko-Graphics bvba, Eastman Chemical Company and Berry Plastics
Group Inc. The profiling enfolds key information of the companies which
encompasses business overview, products and services, key financials and recent
news and developments. On the whole, the report depicts detailed overview of
the global sleeve label packaging market that will help industry consultants,
equipment manufacturers, existing players searching for expansion
opportunities, new players searching possibilities and other stakeholders to
align their market centric strategies according to the ongoing and expected
trends in the future.
About Research
Nester
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision so as to avoid future uncertainties.
Read more Information: https://www.researchnester.com/reports/global-sleeve-label-packaging-market-analysis-opportunity-outlook-2021/101
Contact for more
Info:
Ajay
Daniel
U.S.
+1 646 586 9123
U.K.
+44 203 608 5919
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