The global stretch sleeve & shrink sleeve labels market is fragmented with several players established in the market. Some key players in this industry are Multi-Color Corporation, Fort Dearborn Company, Inland Packaging, Fuji Seal International, Constantia Flexibles, CCL Industries, and Macfarlane Group. These companies thus come up with innovative products and develop a market niche; they continuously fund research and development. Regional players intensify the competitive environment by easily justifying specific demand locally through customized solutions.
In August 2022, Constantia Flexibles acquired FFP Packaging Solutions. This strategic acquisition did much to build on the positioning of Constantia within the UK market through the expansion of its products for more sustainable or circular packaging solutions. FFP Packaging Solutions has a thorough knowledge of recyclable and compostable films; the growing demand for environmentally friendly means of packaging can be well placed with this. This transaction will likely further boost Constantia's capability in the production of stretch and shrink sleeve labels in an eco-friendly way. This could potentially change the competitive landscape over the next few years.
Here are some leading players in the stretch sleeve & shrink sleeve labels market:
Author Credits: Abhishek Anil
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