Global market for sleeve labels 2016-2020

In a new report analysts at Technavio predict the global market for sleeve labels to grow at a CAGR of over 5% between 2016 and 2020. The growth of this market can be accredited to the upsurge in the demand for plastic bottles across the globe.
In 2015, the heat shrink label segment accounted for almost 87% of the overall market share to become the dominant stakeholder in the global market. Heat shrink sleeve labels have extreme shrinkage properties making it easier to adapt to the shapes of the products. These labels, made from polymer film substrates, are inexpensive and provide high-quality graphics with their premium print quality (Press Release Technavio, 6 September 2016).
Click here for the press release.
Click here for more information about the report.
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