Sleeve Label Packaging Market Trends

  • Report ID: 101
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Sleeve Label Packaging Market Trends

Growth Drivers

  • Rising Consumer Inclination towards Packaged Foods to Drive Market Growth
  • Increasing Demand to Improve On-Shelf Appearance of Products to Expand Market

Challenges

  • Lack of Recyclability of Sleeve Label Packaging Material to Hinder Market Growth

Sleeve Label Packaging Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

7.2%

Base Year Market Size (2023)

USD 16.11 billion

Forecast Year Market Size (2036)

USD 39.78 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Anil


  • Report ID: 101
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing consumer inclination towards packaged food and the increasing demand to improve on-shelf appearance of products are the major market growth drivers.

The market is anticipated to attain a significant CAGR over the forecast period, i.e., 2021 – 2029.

Lack of recyclability of sleeve packaging material is estimated to hamper the market growth.

Asia Pacific region will offer more business growth opportunities on the back of increasing urban population and low labor cost.

The major players in the market are Bemis Manufacturing Company, Berry Global Inc., KP Holding, Amcor plc, and others.
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