Stretch and Shrink Sleeves Packaging Market - Size, Share, Outlook, and Forecast till 2026

Stretch and shrink sleeves packaging are materials made of modified polythene films and are used for packaging of goods. Stretch films are used to cover pallet loads and shrink films are applied on a surface and then heated to attach them together. These films are resistant to moisture and air. Stretch and shrink sleeves packaging find applications in food and dairy, soft drinks, alcoholic drinks, cosmetics and toiletries, pharmaceuticals & health, and household product based industries. Various types of stretch and shrink sleeves packaging that are commercially available include heat shrink sleeve labels, stretch sleeve labels, roll-on shrink-on labels, and roll-fed shrink MD labels.

Major end-users of stretch and shrink sleeves packaging market are the food and dairy industries, followed by beverages and pharmaceutical industries. Polyvinyl chloride (PVC), polyethylene terephthalate (PET), oriented polystyrene (OPS), polyethylene (PE), oriented polypropylene (OPP), polyolefin (PO) film, and other sleeve label materials are commonly used for the production of stretch and shrink sleeves packaging.

Huge branding and publicity, and increasing corporate investments to suit consumer specific needs are some of the major factors driving growth of the global stretch and shrink sleeves packaging market. Moreover, advancement in technology leading to increasing production of high-quality stretch and shrink sleeves packaging is also expected to boost growth of the global stretch and shrink sleeves packaging market over the forecast period.

However, competition from substitute forms of packaging and recycling of stretch & shrink sleeve labels may hamper growth of the global stretch and shrink sleeves packaging market.

Key Developments in Stretch and Shrink Sleeves Packaging Market

Key players are adopting various strategies such as mergers, acquisitions, new product launches, expansions, collaborations, partnerships, approvals, and joint ventures to retain its position in the stretch and shrink sleeves packaging market. On February 6, 2018, Berry Global Group, Inc. completed the acquisition of the Clopay Plastic Products Company, Inc. from an affiliate of Griffon Corporation for a purchase price of US$ 475 million.

Moreover, on February 6, 2018, Eurofilms Extrusion developed an oxo-biodegradable technology that converts plastic products into biodegradable materials.

Some of the major players operating in the global stretch and shrink sleeves packaging market include Daman Polymers, Dow Chemical Company, Eurofilms Extrusion, Exxonmobil Chemical, FlexSol Packaging, Genuine Package Venture, Groupe BARBIER, Hipac Packaging Solutions, Hood Packaging, Intertape Polymer Group, Berry Plastics Group Inc., IPS Packaging, and ITW Mima Packaging Systems.

Report includes chapters which deeply display the following deliverable about industry:

• Stretch and Shrink Sleeves Packaging Market Research Objective and Assumption
• Stretch and Shrink Sleeves Packaging Market Purview - Report Description, Executive Summary, and Coherent Opportunity Map (COM)
• Stretch and Shrink Sleeves Packaging Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Stretch and Shrink Sleeves Packaging Market, By Regions
• Stretch and Shrink Sleeves Packaging Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Stretch and Shrink Sleeves Packaging Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors.
• Stretch and Shrink Sleeves Packaging Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change.
• Stretch and Shrink Sleeves Packaging Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion

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