The research report, AWA Global Sleeve Label Market Study 2018, is an update on the current status in this market, and it confirms that sleeve labeling technology has established itself in a relatively short timescale. Today, sleeve labeling claims around 18% of the overall global label market. It is a maturing technology – but growth is still strong at an annual 5.5% rate. As the study documents, most of the volumes are in heat shrink sleeves, representing around 88% of usage, and with the Asian region claiming the highest volumes.
Across all the sleeve label formats – heat shrink, stretch sleeve, ROSO MD sleeve, and RFS MD sleeve – the major end use market sector is beverages at 66% of volumes, with food-related applications today in second place at 19%.
The study goes on to examine the different sleeve material substrates used for each format, as well as the structure of the related supply chains, and it documents in-depth the regional geographical market characteristics. From resin manufacturing through converting and printing, to application technologies, as well as the existing legislative and recycling challenges, AWA Global Sleeve Label Market Study 2018 provides a thorough understanding of the technology for today and the future, and it is useful for all involved in the market across the value chain.
AWA is also hosting an Introduction to Heat Shrink Labeling Technologies Workshop in Minneapolis, MN, USA, on November 13-14, 2018.