Sleeve Label Market Share and Size, Emerging Trends, Analysis, Overview and Outlook, Growth And Segment Forecasts To 2020 Technavio Announces the Publication of its Research Report Global Sleeve Label Market 2016-2020 Technavio recognizes the following companies as the key players in the global sleeve label market: Avery Dennison, Bemis, CCL Industries, Clondalkin, Constantia Flexibles, and Huhtamaki. Other Prominent Vendors in the market are: Intertape Polymer, Klockner Pentaplast, The DOW Chemical Company, Macfarlane, SleeveCo, Berry Plastics, Cenveo , Constantia Flexibles, Karlville Development, and Hood Packaging. Browse full report with TOC@ https://marketreportscenter.com/reports/383380/global-sleeve-labelmarket-2016-2020 Commenting on the report, an analyst from Technavio’ s team said: “Increase in demand from developing regions will be a key trend for market growth. Package labeling is gaining importance in emerging regions, such as APAC, because of the increased demand for effective, advanced, and premium labels. Markets in countries in APAC like China and India, and countries in South America are expected to see rapid growth during the forecast period. The per capita consumption in these countries is also expected to increase. Some of the key drivers propelling the growth of the sleeve labels market in these regions are the increase in manufacturing output for various consumer goods, increased demand for packaged food and beverages, and the rise in urbanization.” According to the report, growing demand for plastic bottles will be a key driver for market. There is a growing demand for sleeve labels from food and beverage (juices, energy drinks, and alcoholic beverages) manufacturers because they can be used as tamper evident protection seal.The demand for rigid plastic beverage containers is increasing at a rapid rate compared to other container materials. Rigid plastic containers are preferred over glass bottles and metal containers as they are lightweight, cheap, and available in various designs. The beverage industry itself represents 60% of the sleeve labels market. The sales of sleeve labels are expected to increase with growth in demand for PET bottles in the beverage packaging industry, which is projected to increase at an annual rate of 4%, amounting to approximately 400 billion units by 2020. The increase in adoption of small sized bottles in markets ranging from CSDs to cosmetics and toiletries will boost growth. Further, the report states that the high initial investment needed to manufacture sleeve labeling materials and products such as PETG, PLA, and EPS is a major challenge faced by vendors in the global sleeve label market. The new designs and materials required to develop these products have increased the overall manufacturing and production costs. The machines required for developing sleeve labels of varied sizes and designs are also expensive. Vendors face the threat of incurring losses because of the non-competitive prices of the materials used in the manufacture of sleeve labels. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.. Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/383380 About Labels Labels are made of different types of material, such as cloth, film, paper, and plastic and have different features, such as in-mold and pressure-sensitive adhesives. Sleeve labels hold a minimal percentage in the global label market, but because of their various advantages, such as 360-degree coverage, we expect the sleeve label market to grow rapidly. Digital sleeve labels have become popular in many retail outlets. With many new products being launched by vendors, packaging companies are being encouraged to adopt technologically advanced sleeve labels, which has resulted in the growth of the market. A rise in demand for sleeve labels from the manufacturers of consumer products has resulted in an increased demand for sleeve labels in the global market. Hence, vendors are trying to develop new materials and technologies to improve their product portfolios and tap into the markets of emerging countries. Technavio’ s analysts forecast the global sleeve label market to grow at a CAGR of 5.11% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global sleeve label market for 2016-2020. To calculate the market size, the report considers the production of sleeve labels. The market is divided into the following segments based on geography: APAC Europe North America ROW Technavio's report, Global Sleeve Label Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To Get Discount On The Report @ https://marketreportscenter.com/request-discount/383380 Connect for more details: Sam Collins Market Reports Center 1-646-883-3044 (US) [email protected]
According to the report, growing demand for plastic bottles will be a key driver for market. There is a growing demand for sleeve labels from food and beverage (juices, energy drinks, and alcoholic beverages) manufacturers because they can be used as tamper evident protection seal.
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