Sleeve Label Packaging Market Size

Sleeve Label Packaging Market size was valued at USD 16.11 billion in 2023 and is likely to exceed USD 39.78 billion by the end of 2036, expanding at over 7.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of sleeve label packaging is evaluated at USD 17.04 billion.

The growth of the sleeve label packaging market can be attributed to the growing inclination of consumers towards packaged foods, rise in demand to enhance the on-shelf appeal of products, and the rapid growth of beauty & wellness industry. Currently, the health and wellness industry generates a revenue of more than USD 4.5 trillion. Along with these, these packaging also offer many advantages such as improved brand identity, heightened end-user engagement and better marketing opportunities, which in turn are expected to offer ample opportunities for the growth of the market in the near future.