Some of the key players in the global Shrink Wrap Sleeves market are Berry Global, Inc. (U.S.), Bonset America Corporation (U.S.), CCL Industries Inc. (Canada), Fuji Seal International, Inc. (Japan), Huhtamäki Oyj (Finland), Hammer Packaging, Inc. (U.S.), Klöckner Pentaplast (Germany), Macfarlane Group PLC (U.K.), Polysack Flexible Packaging Ltd. (Israel), Paris Art Label Company Inc. (U.S.), Cenveo, Inc. (U.S.), The Dow Chemical Co. (U.S.), Avery Dennison Corporation (U.S.), Clondalkin Group (the Netherlands), and Constantia Flexibles (Austria)

Industry News

In March 2016, Coveris S.A., announces the acquisition of leading label manufacturer Supraplast. Supraplast is an industry-recognized leader in printing technology with a broad product offering that includes Shrink Wrap Sleevess, self-adhesive labels, safety seals, PVC and PET shrink films.

In May 2017, Multi Packaging Solutions International complete the acquisition of Paris Art Label Company, Inc., a manufacturer of labels and Shrink Wrap Sleeves products to the branded consumer marketplace in the US.

Segmentation

Global [FURL=https://www.marketresearchfuture.com/reports/shrink-sleeve-labels-market-1785]Shrink Wrap Sleeves Market[/FURL] is segmented in to three key dynamics for an easy grasp and enhanced understanding.

Based on material, the market has been segmented into PVC, PET-G, Expanded Polystyrene Films, PE, Polylactic Acid Films, and others.

Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

Regional Analysis

Asia-Pacific dominates the global shrink packaging market. It is expected to be the fastest growing region for the market. Rapid growth in food and beverage industry in this region driving the growth of the market. Increasing demand for consumer goods in the region mainly due to high population is also fuelling the growth of the market. Additionally, availability of raw materials and low labor cost are the factors have the positive influence on the growth of the market. North America is also expected to contribute significantly during the forecast period. Increased consumption of beverages fuelling the growth of the market.

North America is the second largest market for the Shrink Wrap Sleeves. Growing demand for consumer goods and packaged foods is expected to spur market growth. The U.K., Germany and France dominate the Shrink Wrap Sleeves market in Europe. Rising demand for consumer and personal care products and growing e-commerce is expected to spur market growth.

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