Key Takeaways from Analyst
The food and beverage industry is expected to continue being the largest end user of sleeve labels given the increasing need for product branding and packaging across various food products. Asia Pacific will likely remain the dominant region due to significant consumption of packaged food and drinks. However, North America is projected to offer the most lucrative opportunities for sleeve label manufacturers supported by the rising population and improving economic conditions in various countries.
Growing consumer awareness about product ingredients is prompting brands to highlight nutritional contents using sleeve labels, thus driving more adoption. Additionally, the need for sustainable packaging solutions will fuel the demand for sleeve labels made from recyclable materials like paper.
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