The Global Shrink Sleeve Labelling Equipment Market size was estimated at USD 10.37 billion in 2021 and is expected to hit around USD 24 billion by 2031, poised to grow at a compound annual growth rate (CAGR) of 5.39% from 2022 to 2031.
Global Shrink Sleeve Labelling Equipment Market: Breakup by Region, 2022 & 2031
Source: Primary Research and Secondary Research Analysis
The global shrink sleeve labeling equipment market refers to the industry segment dedicated to the production and distribution of machinery and equipment used for applying shrink sleeve labels onto various packaging materials and containers. Shrink sleeve labels are a popular choice in the packaging industry due to their versatility, durability, and ability to conform to the shape of the product or container. The equipment used in this market is designed to automate the labeling process, ensuring efficiency, accuracy, and consistency in label application across a wide range of products, including food and beverages, cosmetics, pharmaceuticals, and more.
One of the key drivers of the global shrink sleeve labeling equipment market is the growing demand for innovative and visually appealing packaging solutions. Shrink sleeves allow for 360-degree branding and provide ample space for product information and marketing messages. As companies seek to differentiate their products on store shelves and engage consumers with eye-catching designs, the demand for high-quality labeling equipment has risen significantly.
Furthermore, the global market for shrink sleeve labeling equipment is influenced by factors such as increasing consumer awareness about product authenticity and traceability, stringent labeling regulations, and the need for tamper-evident packaging. These factors have driven manufacturers to invest in advanced labeling solutions that not only enhance the aesthetics of their products but also meet regulatory requirements and ensure consumer safety.
The global shrink sleeve labeling equipment market is experiencing several noteworthy trends that are shaping its current scenario. One prominent trend is the increasing demand for sustainable and eco-friendly packaging solutions. As environmental concerns continue to gain traction, consumers and businesses alike are seeking packaging options that reduce waste and minimize the environmental footprint. In response to this trend, manufacturers of shrink sleeve labeling equipment are developing technologies that support recyclability and reduce material consumption, aligning with the growing sustainability movement.
Another key trend is the integration of automation and digitalization in labeling processes. Automation not only improves efficiency but also reduces labor costs and minimizes errors in label application. Additionally, digital printing technologies are gaining popularity in the shrink sleeve labeling segment due to their flexibility in customization, shorter lead times, and cost-effectiveness for short-run production. This trend is revolutionizing how labels are designed and applied, enabling businesses to respond quickly to market demands and consumer preferences.
Furthermore, the global shrink sleeve labeling equipment market is witnessing increased demand from emerging industries such as e-commerce and direct-to-consumer brands. These sectors require labeling solutions that can handle a wide variety of product shapes and sizes, often in smaller batches, which further drives the need for flexible and adaptable equipment.
Recent Developments:
Recent advancements in the Global Shrink Sleeve Labelling Equipment Market have significantly changed the competitive landscape. The packaging industry's ongoing expansion is one of the noticeable developments. Packaging that is eye-catching, educational, and tamper-evident is increasingly in demand due to the growth of e-commerce and shifting consumer expectations. Shrink sleeve labelling has become increasingly popular as a flexible and attractive solution as a result.
In addition, the sector is experiencing technological breakthroughs. Innovative labelling technology that delivers greater efficiency, precision, and flexibility is being developed by manufacturers. Automated systems that offer improved control and monitoring capabilities are becoming common, enabling quicker label changes and less downtime.
The emphasis on sustainability is another significant trend. There is a growing trend towards eco-friendly shrink sleeve materials and labelling equipment as environmental concerns gain importance. Manufacturers are creating biodegradable and recyclable shrink sleeves in support of worldwide initiatives to minimise plastic waste.
Table of Content
Global Shrink Sleeve Labelling Equipment Market Research Report, 2020-2031.
Chapter 1. Introduction
1.1. Report description
1.2. Key market segments
1.3. Regional Scope
1.4. Executive Summary
Chapter 2. Research Methodology
2.1. Secondary Research
2.2. Primary Research
2.3. Secondary Analyst Tools and Models
Chapter 3. Market Dynamics
3.1. Market driver analysis
3.2. Market restraint analysis
3.3. Market Opportunity
3.4. Market Challenges
3.5. Impact analysis of COVID-19 on the Shrink Sleeve Labelling Equipment Market
Chapter 4. Market Variables and Outlook
4.1. SWOT Analysis
4.1.1. Strengths
4.1.2. Weaknesses
4.1.3. Opportunities
4.1.4. Threats
4.2. Supply Chain Analysis
4.3. PESTEL Analysis
4.3.1. Political Landscape
4.3.2. Economic Landscape
4.3.3. Social Landscape
4.3.4. Technological Landscape
4.3.5. Environmental Landscape
4.3.6. Legal Landscape
4.4. Porter’s Five Forces Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Buyers
4.4.3. Threat of Substitute
4.4.4. Threat of New Entrant
4.4.5. Competitive Rivalry
Chapter 5. Shrink Sleeve Labelling Equipment Market: Equipment Estimates & Trend
Analysis
5.1. Shrink Sleeve Labelling Equipment Market value share and forecast, (2020 to 2031)
5.2. Incremental Growth Analysis and Infographic Presentation
5.3. Shrink Sleeve Label Applicators
5.3.1. Market Size & Forecast, 2020-2031
5.4. Heat Tunnels
5.4.1. Market Size & Forecast, 2020-2031
5.5. Inspection Systems
5.5.1. Market Size & Forecast, 2020-2031
5.6. Others
5.6.1. Market Size & Forecast, 2020-2031
Chapter 6. Shrink Sleeve Labelling Equipment Market: Technology Estimates & Trend
Analysis
6.1. Shrink Sleeve Labelling Equipment Market value share and forecast, (2020 to 2031)
6.2. Incremental Growth Analysis and Infographic Presentation
6.3. Manual
6.3.1. Market Size & Forecast, 2020-2031
6.4. Semi-Automatic
6.4.1. Market Size & Forecast, 2020-2031
6.5. Automatic
6.5.1. Market Size & Forecast, 2020-2031
Chapter 7. Shrink Sleeve Labelling Equipment Market: End-Use Industry Size Estimates &
Trend Analysis
7.1. Shrink Sleeve Labelling Equipment Market value share and forecast, (2020 to 2031)
7.2. Incremental Growth Analysis and Infographic Presentation
7.3. Food And Beverages
7.3.1. Market Size & Forecast, 2020-2031
7.4. Pharmaceuticals
7.4.1. Market Size & Forecast, 2020-2031
7.5. Personal Care
7.5.1. Market Size & Forecast, 2020-2031
7.6. Chemicals
7.6.1. Market Size & Forecast, 2020-2031
7.7. Others
7.7.1. Market Size & Forecast, 2020-2031
Chapter 8. Shrink Sleeve Labelling Equipment Market: Label Type Estimates & Trend
Analysis
8.1. Shrink Sleeve Labelling Equipment Market value share and forecast, (2020 to 2031)
8.2. Incremental Growth Analysis and Infographic Presentation
8.3. Full-Body Sleeves
8.3.1. Market Size & Forecast, 2020-2031
8.4. Tamper-Evident Bands
8.4.1. Market Size & Forecast, 2020-2031
8.5. Promotional Labels
8.5.1. Market Size & Forecast, 2020-2031
Chapter 9. Shrink Sleeve Labelling Equipment Market: Regional Estimates & Trend
Analysis
9.1. Shrink Sleeve Labelling Equipment Market value share and forecast, (2020 to 2031)
9.2. Incremental Growth Analysis and Infographic Presentation
9.3. North America
9.3.1. Market Size & Forecast, 2020-2031
9.4. Europe
9.4.1. Market Size & Forecast, 2020-2031
9.5. Asia Pacific
9.5.1. Market Size & Forecast, 2020-2031
9.6. Middle East & Africa
9.6.1. Market Size & Forecast, 2020-2031
9.7. Latin America
9.7.1. Market Size & Forecast, 2020-2031
Chapter 10. Shrink Sleeve Labelling Equipment Market: Country Estimates & Trend
Analysis
10.1. Shrink Sleeve Labelling Equipment Market value share and forecast, (2020 to 2031)
10.2. Incremental Growth Analysis and Infographic Presentation
10.3. U.S.
10.3.1. Market Size & Forecast, 2020-2031
10.4. Canada
10.4.1. Market Size & Forecast, 2020-2031
10.5. Mexico
10.5.1. Market Size & Forecast, 2020-2031
10.6. UK
10.6.1. Market Size & Forecast, 2020-2031
10.7. France
10.7.1. Market Size & Forecast, 2020-2031
10.8. Germany
10.8.1. Market Size & Forecast, 2020-2031
10.9. Russia
10.9.1. Market Size & Forecast, 2020-2031
10.10. Italy
10.10.1. Market Size & Forecast, 2020-2031
10.11. Spain
10.11.1. Market Size & Forecast, 2020-2031
10.12. China
10.12.1. Market Size & Forecast, 2020-2031
10.13. India
10.13.1. Market Size & Forecast, 2020-2031
10.14. Japan
10.14.1. Market Size & Forecast, 2020-2031
10.15. Indonesia
10.15.1. Market Size & Forecast, 2020-2031
10.16. South Korea
10.16.1. Market Size & Forecast, 2020-2031
10.17. Australia
10.17.1. Market Size & Forecast, 2020-2031
10.18. Brazil
10.18.1. Market Size & Forecast, 2020-2031
10.19. Argentina
10.19.1. Market Size & Forecast, 2020-2031
10.20. Saudi Arabia
10.20.1. Market Size & Forecast, 2020-2031
10.21. UAE
10.21.1. Market Size & Forecast, 2020-2031
10.22. South Africa
10.22.1. Market Size & Forecast, 2020-2031
Chapter 11. Competitive Landscape
11.1. Company Market Share Analysis
11.2. Vendor Landscape
11.3. Competition Dashboard
Chapter 12. Company Profiles
12.1. Business Overview, Product Landscape, Financial Performanceand Company
Strategies for below companies
12.2. Krones AG
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Benchmarking
12.2.4. Geographic Footprint
12.2.5. Strategic Initiatives
12.3. Accraply
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Benchmarking
12.3.4. Geographic Footprint
12.3.5. Strategic Initiatives
12.4. PDC International Corporation
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Benchmarking
12.4.4. Geographic Footprint
12.4.5. Strategic Initiatives
12.5. Sidel Group
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Benchmarking
12.5.4. Geographic Footprint
12.5.5. Strategic Initiatives
12.6. Sacmi Packaging & Caps Inspection
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Benchmarking
12.6.4. Geographic Footprint
12.6.5. Strategic Initiatives
12.7. Fuji Seal International, Inc.
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Benchmarking
12.7.4. Geographic Footprint
12.7.5. Strategic Initiatives
12.8. KHS GmbH
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Benchmarking
12.8.4. Geographic Footprint
12.8.5. Strategic Initiatives
12.9. Sleeve Seal
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Benchmarking
12.9.4. Geographic Footprint
12.9.5. Strategic Initiatives
12.10. American Film & Machinery
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Benchmarking
12.10.4. Geographic Footprint
12.10.5. Strategic Initiatives
12.11. Karlville Development Group
12.11.1. Company Overview
12.11.2. Financial Performance
12.11.3. Product Benchmarking
12.11.4. Geographic Footprint
12.11.5. Strategic Initiatives
12.12. Axon
12.12.1. Company Overview
12.12.2. Financial Performance
12.12.3. Product Benchmarking
12.12.4. Geographic Footprint
12.12.5. Strategic Initiatives
12.13. SLEEVECO
12.13.1. Company Overview
12.13.2. Financial Performance
12.13.3. Product Benchmarking
12.13.4. Geographic Footprint
12.13.5. Strategic Initiatives
12.14. Herma
12.14.1. Company Overview
12.14.2. Financial Performance
12.14.3. Product Benchmarking
12.14.4. Geographic Footprint
12.14.5. Strategic Initiatives
12.15. Label Apeel
12.15.1. Company Overview
12.15.2. Financial Performance
12.15.3. Product Benchmarking
12.15.4. Geographic Footprint
12.15.5. Strategic Initiatives
12.16. Pack Leader Machinery Inc.
12.16.1. Company Overview
12.16.2. Financial Performance
12.16.3. Product Benchmarking
12.16.4. Geographic Footprint
12.16.5. Strategic Initiatives
Chapter 13. Conclusion
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