

The global Shrink Sleeve Applicator market size is predicted to grow from US$ 1228 million in 2025 to US$ 1398 million in 2031; it is expected to grow at a CAGR of 2.2% from 2025 to 2031.
Commonly used for food, beverage, or personal care items, shrink sleeve machines work by applying heat to shrink sleeve labels. The heat causes it to tightly conform to the body of the product’s packaging, creating an eye-catching label that can easily be recycled.
The global Shrink Sleeve Label Applicator is mainly produced in North America, Europe China and Japan, they occupied for a share over 95 percent. Global top five manufacturers of Shrink Sleeve Label Applicator occupied for a share about 70 percent, they are Krones, Fuji Seal International, Sleever International, P.E. Labellers S.p.a. (Axon) and PDC Europe.
The “Shrink Sleeve Applicator Industry Forecast” looks at past sales and reviews total world Shrink Sleeve Applicator sales in 2024, providing a comprehensive analysis by region and market sector of projected Shrink Sleeve Applicator sales for 2025 through 2031. With Shrink Sleeve Applicator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shrink Sleeve Applicator industry.
This Insight Report provides a comprehensive analysis of the global Shrink Sleeve Applicator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shrink Sleeve Applicator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Shrink Sleeve Applicator market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shrink Sleeve Applicator and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shrink Sleeve Applicator.
This report presents a comprehensive overview, market shares, and growth opportunities of Shrink Sleeve Applicator market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Semi-automatic
Fully Automatic
Segmentation by Application:
Food and Beverage
Medicine
Cosmetics and Personal Care
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Fuji Seal International
Krones
Karlville
Axon
DASE-SING
Xu Yuan Packaging Technology
American Film & Machinery
Pack Leader
Hardgoods
Benison
Maharshi
PDC Europe
Label-Aire Inc
Sleeve Technology
Scaligera Packaging
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shrink Sleeve Applicator market?
What factors are driving Shrink Sleeve Applicator market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shrink Sleeve Applicator market opportunities vary by end market size?
How does Shrink Sleeve Applicator break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Shrink Sleeve Applicator Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Shrink Sleeve Applicator by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Shrink Sleeve Applicator by Country/Region, 2020, 2024 & 2031
2.2 Shrink Sleeve Applicator Segment by Type
2.2.1 Semi-automatic
2.2.2 Fully Automatic
2.3 Shrink Sleeve Applicator Sales by Type
2.3.1 Global Shrink Sleeve Applicator Sales Market Share by Type (2020-2025)
2.3.2 Global Shrink Sleeve Applicator Revenue and Market Share by Type (2020-2025)
2.3.3 Global Shrink Sleeve Applicator Sale Price by Type (2020-2025)
2.4 Shrink Sleeve Applicator Segment by Application
2.4.1 Food and Beverage
2.4.2 Medicine
2.4.3 Cosmetics and Personal Care
2.4.4 Other
2.5 Shrink Sleeve Applicator Sales by Application
2.5.1 Global Shrink Sleeve Applicator Sale Market Share by Application (2020-2025)
2.5.2 Global Shrink Sleeve Applicator Revenue and Market Share by Application (2020-2025)
2.5.3 Global Shrink Sleeve Applicator Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Shrink Sleeve Applicator Breakdown Data by Company
3.1.1 Global Shrink Sleeve Applicator Annual Sales by Company (2020-2025)
3.1.2 Global Shrink Sleeve Applicator Sales Market Share by Company (2020-2025)
3.2 Global Shrink Sleeve Applicator Annual Revenue by Company (2020-2025)
3.2.1 Global Shrink Sleeve Applicator Revenue by Company (2020-2025)
3.2.2 Global Shrink Sleeve Applicator Revenue Market Share by Company (2020-2025)
3.3 Global Shrink Sleeve Applicator Sale Price by Company
3.4 Key Manufacturers Shrink Sleeve Applicator Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Shrink Sleeve Applicator Product Location Distribution
3.4.2 Players Shrink Sleeve Applicator Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Shrink Sleeve Applicator by Geographic Region
4.1 World Historic Shrink Sleeve Applicator Market Size by Geographic Region (2020-2025)
4.1.1 Global Shrink Sleeve Applicator Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Shrink Sleeve Applicator Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Shrink Sleeve Applicator Market Size by Country/Region (2020-2025)
4.2.1 Global Shrink Sleeve Applicator Annual Sales by Country/Region (2020-2025)
4.2.2 Global Shrink Sleeve Applicator Annual Revenue by Country/Region (2020-2025)
4.3 Americas Shrink Sleeve Applicator Sales Growth
4.4 APAC Shrink Sleeve Applicator Sales Growth
4.5 Europe Shrink Sleeve Applicator Sales Growth
4.6 Middle East & Africa Shrink Sleeve Applicator Sales Growth
5 Americas
5.1 Americas Shrink Sleeve Applicator Sales by Country
5.1.1 Americas Shrink Sleeve Applicator Sales by Country (2020-2025)
5.1.2 Americas Shrink Sleeve Applicator Revenue by Country (2020-2025)
5.2 Americas Shrink Sleeve Applicator Sales by Type (2020-2025)
5.3 Americas Shrink Sleeve Applicator Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Shrink Sleeve Applicator Sales by Region
6.1.1 APAC Shrink Sleeve Applicator Sales by Region (2020-2025)
6.1.2 APAC Shrink Sleeve Applicator Revenue by Region (2020-2025)
6.2 APAC Shrink Sleeve Applicator Sales by Type (2020-2025)
6.3 APAC Shrink Sleeve Applicator Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Shrink Sleeve Applicator by Country
7.1.1 Europe Shrink Sleeve Applicator Sales by Country (2020-2025)
7.1.2 Europe Shrink Sleeve Applicator Revenue by Country (2020-2025)
7.2 Europe Shrink Sleeve Applicator Sales by Type (2020-2025)
7.3 Europe Shrink Sleeve Applicator Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Shrink Sleeve Applicator by Country
8.1.1 Middle East & Africa Shrink Sleeve Applicator Sales by Country (2020-2025)
8.1.2 Middle East & Africa Shrink Sleeve Applicator Revenue by Country (2020-2025)
8.2 Middle East & Africa Shrink Sleeve Applicator Sales by Type (2020-2025)
8.3 Middle East & Africa Shrink Sleeve Applicator Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Shrink Sleeve Applicator
10.3 Manufacturing Process Analysis of Shrink Sleeve Applicator
10.4 Industry Chain Structure of Shrink Sleeve Applicator
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Shrink Sleeve Applicator Distributors
11.3 Shrink Sleeve Applicator Customer
12 World Forecast Review for Shrink Sleeve Applicator by Geographic Region
12.1 Global Shrink Sleeve Applicator Market Size Forecast by Region
12.1.1 Global Shrink Sleeve Applicator Forecast by Region (2026-2031)
12.1.2 Global Shrink Sleeve Applicator Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Shrink Sleeve Applicator Forecast by Type (2026-2031)
12.7 Global Shrink Sleeve Applicator Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Fuji Seal International
13.1.1 Fuji Seal International Company Information
13.1.2 Fuji Seal International Shrink Sleeve Applicator Product Portfolios and Specifications
13.1.3 Fuji Seal International Shrink Sleeve Applicator Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Fuji Seal International Main Business Overview
13.1.5 Fuji Seal International Latest Developments
13.2 Krones
13.2.1 Krones Company Information
13.2.2 Krones Shrink Sleeve Applicator Product Portfolios and Specifications
13.2.3 Krones Shrink Sleeve Applicator Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Krones Main Business Overview
13.2.5 Krones Latest Developments
13.3 Karlville
13.3.1 Karlville Company Information
13.3.2 Karlville Shrink Sleeve Applicator Product Portfolios and Specifications
13.3.3 Karlville Shrink Sleeve Applicator Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Karlville Main Business Overview
13.3.5 Karlville Latest Developments
13.4 Axon
13.4.1 Axon Company Information
13.4.2 Axon Shrink Sleeve Applicator Product Portfolios and Specifications
13.4.3 Axon Shrink Sleeve Applicator Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Axon Main Business Overview
13.4.5 Axon Latest Developments
13.5 DASE-SING
13.5.1 DASE-SING Company Information
13.5.2 DASE-SING Shrink Sleeve Applicator Product Portfolios and Specifications
13.5.3 DASE-SING Shrink Sleeve Applicator Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 DASE-SING Main Business Overview
13.5.5 DASE-SING Latest Developments
13.6 Xu Yuan Packaging Technology
13.6.1 Xu Yuan Packaging Technology Company Information
13.6.2 Xu Yuan Packaging Technology Shrink Sleeve Applicator Product Portfolios and Specifications
13.6.3 Xu Yuan Packaging Technology Shrink Sleeve Applicator Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Xu Yuan Packaging Technology Main Business Overview
13.6.5 Xu Yuan Packaging Technology Latest Developments
13.7 American Film & Machinery
13.7.1 American Film & Machinery Company Information
13.7.2 American Film & Machinery Shrink Sleeve Applicator Product Portfolios and Specifications
13.7.3 American Film & Machinery Shrink Sleeve Applicator Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 American Film & Machinery Main Business Overview
13.7.5 American Film & Machinery Latest Developments
13.8 Pack Leader
13.8.1 Pack Leader Company Information
13.8.2 Pack Leader Shrink Sleeve Applicator Product Portfolios and Specifications
13.8.3 Pack Leader Shrink Sleeve Applicator Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Pack Leader Main Business Overview
13.8.5 Pack Leader Latest Developments
13.9 Hardgoods
13.9.1 Hardgoods Company Information
13.9.2 Hardgoods Shrink Sleeve Applicator Product Portfolios and Specifications
13.9.3 Hardgoods Shrink Sleeve Applicator Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Hardgoods Main Business Overview
13.9.5 Hardgoods Latest Developments
13.10 Benison
13.10.1 Benison Company Information
13.10.2 Benison Shrink Sleeve Applicator Product Portfolios and Specifications
13.10.3 Benison Shrink Sleeve Applicator Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Benison Main Business Overview
13.10.5 Benison Latest Developments
13.11 Maharshi
13.11.1 Maharshi Company Information
13.11.2 Maharshi Shrink Sleeve Applicator Product Portfolios and Specifications
13.11.3 Maharshi Shrink Sleeve Applicator Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Maharshi Main Business Overview
13.11.5 Maharshi Latest Developments
13.12 PDC Europe
13.12.1 PDC Europe Company Information
13.12.2 PDC Europe Shrink Sleeve Applicator Product Portfolios and Specifications
13.12.3 PDC Europe Shrink Sleeve Applicator Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 PDC Europe Main Business Overview
13.12.5 PDC Europe Latest Developments
13.13 Label-Aire Inc
13.13.1 Label-Aire Inc Company Information
13.13.2 Label-Aire Inc Shrink Sleeve Applicator Product Portfolios and Specifications
13.13.3 Label-Aire Inc Shrink Sleeve Applicator Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Label-Aire Inc Main Business Overview
13.13.5 Label-Aire Inc Latest Developments
13.14 Sleeve Technology
13.14.1 Sleeve Technology Company Information
13.14.2 Sleeve Technology Shrink Sleeve Applicator Product Portfolios and Specifications
13.14.3 Sleeve Technology Shrink Sleeve Applicator Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Sleeve Technology Main Business Overview
13.14.5 Sleeve Technology Latest Developments
13.15 Scaligera Packaging
13.15.1 Scaligera Packaging Company Information
13.15.2 Scaligera Packaging Shrink Sleeve Applicator Product Portfolios and Specifications
13.15.3 Scaligera Packaging Shrink Sleeve Applicator Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Scaligera Packaging Main Business Overview
13.15.5 Scaligera Packaging Latest Developments
14 Research Findings and Conclusion
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