Flexible Packaging · Direct
Monitoring · monthlyProcurement Category Intelligence
Shrink Labels
Overview
Market size
$5,600
global, USD
CAGR
5.4%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity
Market outlook
2031$7284
What changed
Demand by region
Asia Pacific demand38%
Europe demand28%
North America demand22%
Rest of world demand12%
share of global demandtotal 100%
Cost drivers
Plastic Resins (PETG, PVC, OPS)40%
Inks and Printing Consumables15%
Conversion and Manufacturing Labor20%
Energy and Facility Overhead13%
Freight and Outbound Logistics12%
share of delivered cost (analyst estimate)