Latin America Shrink Sleeve Label Market Size & Outlook
The shrink sleeve label market in Latin America is expected to reach a projected revenue of US$ 1,743.3 million by 2030. A compound annual growth rate of 4.9% is expected of Latin America shrink sleeve label market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,249.3
Forecast, 2030 (US$M)
$1,743.3
CAGR, 2024 - 2030
4.9%
Report Coverage
Latin America
Latin America shrink sleeve label market highlights
- The Latin America shrink sleeve label market generated a revenue of USD 1,249.3 million in 2023.
- The market is expected to grow at a CAGR of 4.9% 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.
Latin America data book summary
| Market revenue in 2023 | USD 1,249.3 million |
| Market revenue in 2030 | USD 1,743.3 million |
| Growth rate | 4.9% (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, Latin America region accounted for 8.3% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
