Global Shrink Sleeve Label Market Size & Outlook
The shrink sleeve label industry worldwide is expected to reach a projected revenue of US$ 21,764.3 million by 2030. A compound annual growth rate of 5.3% is expected of the worldwide shrink sleeve label industry from 2024 to 2030.
Revenue, 2023 (US$M)
$15,120.0
Forecast, 2030 (US$M)
$21,764.3
CAGR, 2024 - 2030
5.3%
Report Coverage
Worldwide
Global shrink sleeve label market, 2018-2030 (US$M)
Global shrink sleeve label market highlights
- The global shrink sleeve label market generated a revenue of USD 15,120.0 million in 2023 and is expected to reach USD 21,764.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.3% by 2030.
- In terms of segment, polyvinyl chloride (pvc) accounted for a revenue of USD 15,120.0 million in 2023.
- Polyvinyl Chloride (PVC) is the most lucrative material segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 15,120.0 million |
| Market revenue in 2030 | USD 21,764.3 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Polyvinyl chloride (pvc) |
| Fastest growing segment | Polyvinyl Chloride (PVC) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyvinyl Chloride (PVC) |
Other key industry trends
- In terms of revenue, the North America accounted for 24.9% of the global shrink sleeve label market in 2023.
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Shrink Sleeve Label Market Scope
Shrink sleeve label market segmentation & scope
Polyvinyl Chloride (PVC)
Polyethylene Terephthalate Glycol (PET-G)
Polyethylene (PE)
Oriented Polystyrene (OPS)
Other Materials
Type
Shrink Sleeve Labels
Stretch Sleeve Labels
Embellishing Type
Hot Foil
Cold Foil
Others
End Use
Food
Soft Drinks
Alcoholic Drinks
Personal Care & Cosmetics
Healthcare
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Shrink Sleeve Label Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global shrink sleeve label market size, by regions, 2018-2030 (US$M)
Related regional statistics
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