SLEEVE LABELS MARKET ANALYSIS

Sleeve Labels Market, By Raw Material (Polythene Terephthalate Glycol, Polyvinyl Chloride, Oriented Polystyrene, Polypropylene, Polyethylene, and Others), By Type (Stretch Sleeves and Shrink Sleeves), By End-use Industry (Food, Beverages, Pharmaceuticals, Personal Care and Home Care, Chemicals, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Feb 2025
Code : CMI3546
Pages :120
Formats :
Excel and PDF
Industry : Packaging

Market Challenge - Raw material price volatility

One of the major challenges faced by the market is the volatility in raw material prices. Sleeve labels are primarily made from papers, films, and adhesives whose prices tend to fluctuate frequently depending on global demand-supply dynamics and macroeconomic conditions. The Food and Agriculture Organization (FAO) reportedin October 2024, that its food price index averaged 140.9 points in March 2022, up by 33.6% from the corresponding period in 2021.

Market Opportunity - Digital Printing Technology

Digital printing technology presents a huge opportunity for growth in the market. Digital presses allow on-demand, short-run printing in smaller batches with higher design flexibility compared to traditional lithography. Digital printing technology allows the on-demand production of sleeve labels with no quantity limitations and significantly reduced set-up times. This offers new avenues for sleeve label manufacturers to cater to the growing demand for variety and personalization from brand owners.