Flexible Packaging · Direct
Monitoring · monthlyProcurement Category Intelligence
Shrink Sleeves
Overview
Market size
$1.9B
global, USD
CAGR
5.5%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
4 high severity
Market outlook
2031$2.4B
What changed
Demand by region
Europe demand30%
Asia Pacific demand33%
North America demand25%
Rest of world demand12%
share of global demandtotal 100%
Cost drivers
Plastic Resins (PETG, PVC, OPS film extrusion)45%
Printing Inks and Embellishments15%
Conversion and Slitting Labor15%
Energy and Plant Overhead13%
Outbound Logistics and Packaging12%
share of delivered cost (analyst estimate)