Global Shrink Sleeve Packaging Market Growth 2025-2031

Publication ID:

LPI04252702

Publication Date:

April 25, 2025

Pages:

117

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Chemicals) [2]

Chemicals [3]

Description:

The global Shrink Sleeve Packaging market size is predicted to grow from US$ 9105 million in 2025 to US$ 12120 million in 2031; it is expected to grow at a CAGR of 4.9% from 2025 to 2031.
Shrink sleeve packaging refers to full-body labels made from flexible film that are wrapped around the entirety of a container and then heat-shrunk to fit the product鈥檚 shape. This packaging method offers 360-degree coverage, allowing for vibrant, high-quality branding and messaging on all sides of the product. Shrink sleeves provide a significant advantage in terms of design flexibility, as they can conform to containers of various shapes and sizes, making them ideal for products with unique or unconventional packaging. Moreover, shrink sleeves can include features such as tamper-evident seals, providing both aesthetic and functional benefits. By using this labeling method, companies can reduce costs related to separate labels, and the quick turnaround time makes it a practical option for many industries.
Market Trends and Key Players in Shrink Sleeve Packaging: The global shrink sleeve packaging market is led by key players such as Fuji Seal, CCL Industries, Multi-Color, Klockner Pentaplast, and Huhtamaki. These top five companies account for over 26% of the global market share. The Asia-Pacific region is the largest market for shrink sleeves, representing approximately 61% of total market share, followed by Europe at 19% and North America at 15%. The strong presence of the shrink sleeve market in Asia-Pacific is driven by the booming consumer goods and food and beverage industries in countries like China, Japan, and India. With the rise in packaged consumer products and the increasing demand for eye-catching packaging in retail spaces, shrink sleeves have become a favored solution for brands seeking to enhance product visibility and consumer engagement.
Future Outlook and Applications of Shrink Sleeve Packaging: The shrink sleeve packaging market is poised for steady growth, especially as the demand for visually appealing and durable packaging continues to rise. PVC (Polyvinyl Chloride) is the largest product segment, accounting for about 50% of the market share, largely due to its flexibility, printability, and cost-effectiveness. However, there is growing interest in alternative materials, such as PETG (Polyethylene Terephthalate Glycol), which offer better recyclability. In terms of application, the food and beverage industry is the dominant sector, with an 82% market share, as brands increasingly opt for shrink sleeves to differentiate their products on store shelves. The beverage segment, in particular, benefits from shrink sleeves鈥� ability to offer complete, moisture-resistant labeling for bottles and cans. As sustainability becomes a greater priority in the packaging industry, innovations in eco-friendly shrink sleeve materials and recycling technologies will likely drive further growth in the market. With continued advancements in printing technologies and the expansion of emerging markets, shrink sleeve packaging is expected to remain a vital part of the global packaging industry鈥檚 evolution.
The 鈥淪hrink Sleeve Packaging Industry Forecast鈥� looks at past sales and reviews total world Shrink Sleeve Packaging sales in 2024, providing a comprehensive analysis by region and market sector of projected Shrink Sleeve Packaging sales for 2025 through 2031. With Shrink Sleeve Packaging sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shrink Sleeve Packaging industry.
This Insight Report provides a comprehensive analysis of the global Shrink Sleeve Packaging 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 Packaging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Shrink Sleeve Packaging market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shrink Sleeve Packaging 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 Packaging.
This report presents a comprehensive overview, market shares, and growth opportunities of Shrink Sleeve Packaging market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
PVC
PETG
OPS
PE
PP
COC Films
Others
Segmentation by Application:
Food & Beverage
Pharmaceuticals
Personal Care
Others
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
CCL Industries
Multi-Color
Klockner Pentaplast
Huhtamaki
Clondalkin Group
Brook & Whittle
WestRock
Fort Dearborn Company
Yinjinda
Jinghong
Chengxin
Zijiang
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shrink Sleeve Packaging market?
What factors are driving Shrink Sleeve Packaging market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shrink Sleeve Packaging market opportunities vary by end market size?
How does Shrink Sleeve Packaging 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.

Table Of Contents:

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 Packaging Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Shrink Sleeve Packaging by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Shrink Sleeve Packaging by Country/Region, 2020, 2024 & 2031
2.2 Shrink Sleeve Packaging Segment by Type
2.2.1 PVC
2.2.2 PETG
2.2.3 OPS
2.2.4 PE
2.2.5 PP
2.2.6 COC Films
2.2.7 Others
2.3 Shrink Sleeve Packaging Sales by Type
2.3.1 Global Shrink Sleeve Packaging Sales Market Share by Type (2020-2025)
2.3.2 Global Shrink Sleeve Packaging Revenue and Market Share by Type (2020-2025)
2.3.3 Global Shrink Sleeve Packaging Sale Price by Type (2020-2025)
2.4 Shrink Sleeve Packaging Segment by Application
2.4.1 Food & Beverage
2.4.2 Pharmaceuticals
2.4.3 Personal Care
2.4.4 Others
2.5 Shrink Sleeve Packaging Sales by Application
2.5.1 Global Shrink Sleeve Packaging Sale Market Share by Application (2020-2025)
2.5.2 Global Shrink Sleeve Packaging Revenue and Market Share by Application (2020-2025)
2.5.3 Global Shrink Sleeve Packaging Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Shrink Sleeve Packaging Breakdown Data by Company
3.1.1 Global Shrink Sleeve Packaging Annual Sales by Company (2020-2025)
3.1.2 Global Shrink Sleeve Packaging Sales Market Share by Company (2020-2025)
3.2 Global Shrink Sleeve Packaging Annual Revenue by Company (2020-2025)
3.2.1 Global Shrink Sleeve Packaging Revenue by Company (2020-2025)
3.2.2 Global Shrink Sleeve Packaging Revenue Market Share by Company (2020-2025)
3.3 Global Shrink Sleeve Packaging Sale Price by Company
3.4 Key Manufacturers Shrink Sleeve Packaging Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Shrink Sleeve Packaging Product Location Distribution
3.4.2 Players Shrink Sleeve Packaging 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 Packaging by Geographic Region
4.1 World Historic Shrink Sleeve Packaging Market Size by Geographic Region (2020-2025)
4.1.1 Global Shrink Sleeve Packaging Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Shrink Sleeve Packaging Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Shrink Sleeve Packaging Market Size by Country/Region (2020-2025)
4.2.1 Global Shrink Sleeve Packaging Annual Sales by Country/Region (2020-2025)
4.2.2 Global Shrink Sleeve Packaging Annual Revenue by Country/Region (2020-2025)
4.3 Americas Shrink Sleeve Packaging Sales Growth
4.4 APAC Shrink Sleeve Packaging Sales Growth
4.5 Europe Shrink Sleeve Packaging Sales Growth
4.6 Middle East & Africa Shrink Sleeve Packaging Sales Growth
5 Americas
5.1 Americas Shrink Sleeve Packaging Sales by Country
5.1.1 Americas Shrink Sleeve Packaging Sales by Country (2020-2025)
5.1.2 Americas Shrink Sleeve Packaging Revenue by Country (2020-2025)
5.2 Americas Shrink Sleeve Packaging Sales by Type (2020-2025)
5.3 Americas Shrink Sleeve Packaging 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 Packaging Sales by Region
6.1.1 APAC Shrink Sleeve Packaging Sales by Region (2020-2025)
6.1.2 APAC Shrink Sleeve Packaging Revenue by Region (2020-2025)
6.2 APAC Shrink Sleeve Packaging Sales by Type (2020-2025)
6.3 APAC Shrink Sleeve Packaging 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 Packaging by Country
7.1.1 Europe Shrink Sleeve Packaging Sales by Country (2020-2025)
7.1.2 Europe Shrink Sleeve Packaging Revenue by Country (2020-2025)
7.2 Europe Shrink Sleeve Packaging Sales by Type (2020-2025)
7.3 Europe Shrink Sleeve Packaging 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 Packaging by Country
8.1.1 Middle East & Africa Shrink Sleeve Packaging Sales by Country (2020-2025)
8.1.2 Middle East & Africa Shrink Sleeve Packaging Revenue by Country (2020-2025)
8.2 Middle East & Africa Shrink Sleeve Packaging Sales by Type (2020-2025)
8.3 Middle East & Africa Shrink Sleeve Packaging 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 Packaging
10.3 Manufacturing Process Analysis of Shrink Sleeve Packaging
10.4 Industry Chain Structure of Shrink Sleeve Packaging
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Shrink Sleeve Packaging Distributors
11.3 Shrink Sleeve Packaging Customer
12 World Forecast Review for Shrink Sleeve Packaging by Geographic Region
12.1 Global Shrink Sleeve Packaging Market Size Forecast by Region
12.1.1 Global Shrink Sleeve Packaging Forecast by Region (2026-2031)
12.1.2 Global Shrink Sleeve Packaging 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 Packaging Forecast by Type (2026-2031)
12.7 Global Shrink Sleeve Packaging Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Fuji Seal
13.1.1 Fuji Seal Company Information
13.1.2 Fuji Seal Shrink Sleeve Packaging Product Portfolios and Specifications
13.1.3 Fuji Seal Shrink Sleeve Packaging Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Fuji Seal Main Business Overview
13.1.5 Fuji Seal Latest Developments
13.2 CCL Industries
13.2.1 CCL Industries Company Information
13.2.2 CCL Industries Shrink Sleeve Packaging Product Portfolios and Specifications
13.2.3 CCL Industries Shrink Sleeve Packaging Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 CCL Industries Main Business Overview
13.2.5 CCL Industries Latest Developments
13.3 Multi-Color
13.3.1 Multi-Color Company Information
13.3.2 Multi-Color Shrink Sleeve Packaging Product Portfolios and Specifications
13.3.3 Multi-Color Shrink Sleeve Packaging Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Multi-Color Main Business Overview
13.3.5 Multi-Color Latest Developments
13.4 Klockner Pentaplast
13.4.1 Klockner Pentaplast Company Information
13.4.2 Klockner Pentaplast Shrink Sleeve Packaging Product Portfolios and Specifications
13.4.3 Klockner Pentaplast Shrink Sleeve Packaging Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Klockner Pentaplast Main Business Overview
13.4.5 Klockner Pentaplast Latest Developments
13.5 Huhtamaki
13.5.1 Huhtamaki Company Information
13.5.2 Huhtamaki Shrink Sleeve Packaging Product Portfolios and Specifications
13.5.3 Huhtamaki Shrink Sleeve Packaging Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Huhtamaki Main Business Overview
13.5.5 Huhtamaki Latest Developments
13.6 Clondalkin Group
13.6.1 Clondalkin Group Company Information
13.6.2 Clondalkin Group Shrink Sleeve Packaging Product Portfolios and Specifications
13.6.3 Clondalkin Group Shrink Sleeve Packaging Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Clondalkin Group Main Business Overview
13.6.5 Clondalkin Group Latest Developments
13.7 Brook & Whittle
13.7.1 Brook & Whittle Company Information
13.7.2 Brook & Whittle Shrink Sleeve Packaging Product Portfolios and Specifications
13.7.3 Brook & Whittle Shrink Sleeve Packaging Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Brook & Whittle Main Business Overview
13.7.5 Brook & Whittle Latest Developments
13.8 WestRock
13.8.1 WestRock Company Information
13.8.2 WestRock Shrink Sleeve Packaging Product Portfolios and Specifications
13.8.3 WestRock Shrink Sleeve Packaging Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 WestRock Main Business Overview
13.8.5 WestRock Latest Developments
13.9 Fort Dearborn Company
13.9.1 Fort Dearborn Company Company Information
13.9.2 Fort Dearborn Company Shrink Sleeve Packaging Product Portfolios and Specifications
13.9.3 Fort Dearborn Company Shrink Sleeve Packaging Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Fort Dearborn Company Main Business Overview
13.9.5 Fort Dearborn Company Latest Developments
13.10 Yinjinda
13.10.1 Yinjinda Company Information
13.10.2 Yinjinda Shrink Sleeve Packaging Product Portfolios and Specifications
13.10.3 Yinjinda Shrink Sleeve Packaging Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Yinjinda Main Business Overview
13.10.5 Yinjinda Latest Developments
13.11 Jinghong
13.11.1 Jinghong Company Information
13.11.2 Jinghong Shrink Sleeve Packaging Product Portfolios and Specifications
13.11.3 Jinghong Shrink Sleeve Packaging Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Jinghong Main Business Overview
13.11.5 Jinghong Latest Developments
13.12 Chengxin
13.12.1 Chengxin Company Information
13.12.2 Chengxin Shrink Sleeve Packaging Product Portfolios and Specifications
13.12.3 Chengxin Shrink Sleeve Packaging Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Chengxin Main Business Overview
13.12.5 Chengxin Latest Developments
13.13 Zijiang
13.13.1 Zijiang Company Information
13.13.2 Zijiang Shrink Sleeve Packaging Product Portfolios and Specifications
13.13.3 Zijiang Shrink Sleeve Packaging Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Zijiang Main Business Overview
13.13.5 Zijiang Latest Developments
14 Research Findings and Conclusion

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