Global Shrink Sleeve Label Market Size & Outlook, 2023-2030
The global shrink sleeve label market size was estimated at USD 15,120.0 million in 2023 and is projected to reach USD 21,764.3 million by 2030, growing at a CAGR of 5.3% 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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Coveris Holdings | View profile | - | Luxembourg, Luxembourg, Luxembourg, Europe | https://www.coveris.com |
| Fort Dearborn | View profile | 1001-5000 | Elk Grove Village, Illinois, United States, North America | http://www.fortdearborn.com/ |
| Fuji Seal International | View profile | 51-100 | Marunouchi, Tokyo, Japan, Asia | https://www.fujiseal.com |
| Taghleef Industries | View profile | 1001-5000 | Newark, Delaware, United States, North America | http://www.ti-films.com/ |
| Schur Flexibles Group | View profile | 101-250 | Baden, Niederosterreich, Austria, Europe | http://www.schurflexibles.com/ |
| Huhtamaki | View profile | 10001+ | Espoo, Southern Finland, Finland, Europe | http://huhtamaki.com/ |
| Bemis Company | View profile | 10001+ | Neenah, Wisconsin, United States, North America | http://bemis.com |
| Cenveo | View profile | 1001-5000 | Stamford, Connecticut, United States, North America | http://www.cenveo.com |
| Westrock Company | View profile | 51-100 | Little Rock, Arkansas, United States, North America | https://www.westrockusa.com/en/# |
| Berry Global Inc. | View profile | 10001+ | Evansville, Indiana, United States, North America | http://www.berryglobal.com/ |
| Klöckner Pentaplast | View profile | 5001-10000 | London, England, United Kingdom, Europe | https://www.kpfilms.com |
| Clondalkin Group | View profile | 1001-5000 | Utrecht, Utrecht, The Netherlands, Europe | http://www.clondalkingroup.com/ |
| CCL Industries Inc Registered Shs -B- Non Vtg | View profile | 16100 | 111 Gordon Baker Road, Suite 801, Toronto, ON, Canada, M2H 3R1 | https://www.cclind.com |
| Amcor PLC | View profile | 41000 | 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP | https://www.amcor.com |
| Avery Dennison Corp | View profile | 35000 | 8080 Norton Parkway, Mentor, OH, United States, 44060 | https://www.averydennison.com |
Global shrink sleeve label market size, by regions, 2018-2030 (US$M)
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