The shrink
sleeve market
Choosing shrink sleeve labels as a labeling method is a strategic decision, particularly advantageous for companies aiming for an attractive, functional, and highly customizable design for their products.
The global market for shrink sleeve labels is experiencing strong growth. It is estimated that by 2024, the sector will reach a value of approximately 15.63 billion dollars, with a compound annual growth rate (CAGR) of 7.1% compared to 2023.
This expansion is primarily driven by the increased use of these labels in the food and beverage sectors, e-commerce, and the pharmaceutical industry, thanks to their ability to provide
360 degree visibility and ensure greater product
protection during transport and handling.
By 2028, the market is expected to reach a value of 19.88 billion dollars, supported by the growing demand for smart packaging solutions that comply with global regulatory standards.
Sales trends of sleeving machines 2023/2024
In 2023/2024 Clever Machines sold numerous sleeving machines, destined for various industrial sectors. The sales breakdown reflects our ability to meet the specific needs of each industry, offering high-quality and high-performance solutions.
The sectors that most require
the application of sleeves
Food Industry | Chemical and Detergency Industry | Cosmetic and Pharmaceutical Industry | Beverage Industry
Food Industry
The sleeve application is widely used in the food industry, particularly to give the product an innovative look. Thanks to this type of decoration, it is possible to significantly enhance the visual impact of the brand, attracting more consumer attention and distinguishing the product in the market.
Chemical and Detergency Industry
In this sector, the sleeve application, in addition to being used as an innovative product decoration, especially in the cosmetic industry, also offers the opportunity to create numerous promotional product combinations.
Cosmetic and Pharmaceutical Industry
The sleeve application is widely used in this field, as it allows for decorating products with complex shapes and provides full 360° coverage.
Beverage Industry
This sector, which places great importance not only on the product but also on its image, finds in the sleeve application the main “tool” to enhance visual impact, even on products with particularly complex shapes.
Choosing the right packaging
for your industry!
