Middle East & Africa Shrink Sleeve Label Market Size & Outlook
The shrink sleeve label market in Middle East & Africa is expected to reach a projected revenue of US$ 800.9 million by 2030. A compound annual growth rate of 4.6% is expected of Middle East & Africa shrink sleeve label market from 2024 to 2030.
Revenue, 2023 (US$M)
$585.2
Forecast, 2030 (US$M)
$800.9
CAGR, 2024 - 2030
4.6%
Report Coverage
Middle East & Africa
Middle East & Africa shrink sleeve label market, 2018-2030 (US$M)
MEA shrink sleeve label market highlights
- The MEA shrink sleeve label market generated a revenue of USD 585.2 million in 2023.
- The market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, polyvinyl chloride (pvc) was the largest revenue generating material in 2023.
- Polyvinyl Chloride (PVC) is the most lucrative material segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 585.2 million |
| Market revenue in 2030 | USD 800.9 million |
| Growth rate | 4.6% (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) |
| Key market players worldwide | Bemis Company, Berry Global Inc., Klöckner Pentaplast, Amcor PLC, Clondalkin Group, Huhtamaki, Schur Flexibles Group, Cenveo, Taghleef Industries, Westrock Company, CCL Industries Inc Registered Shs -B- Non Vtg, Fuji Seal International, Fort Dearborn, Coveris Holdings, Avery Dennison Corp |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.9% of the global shrink sleeve label market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,032.2 million by 2030.
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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 |
|---|
Related regional statistics
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