This Shrink Label Machine market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Shrink Label Machine market.
Global Shrink Label Machine Market: Introduction
Recent trends in packaging industry shows the rapidly changing needs of packaging buyers. To serve the maximum number of buyers, label manufacturers are preferring fully automated label making machines. Growing consumer demand and preference for high graphic glossy labels which are expected to drive the retail sales is enhancing the demand for shrink labels. Due to recent developments in label printing technology and label material today, the label making machine manufacturers are launching innovative machines with attractive added features. Packaging buyers are moving from traditional pressure sensitive labels to shrink sleeve labels. Shrink sleeve labels are glossy, provide aesthetic look, easy to apply on any product with any shape. Growing demand for shrink sleeve labels from FMCG manufacturers is boosting the demand for shrink label machines. Shrink label machine market is highly dominated by small & medium scale manufacturers. Manufacturers are dominantly concentrated in China, Taiwan, Japan and India. Growing demand for low cost machines from China is driving the shrink label machines market in Asia Pacific region. China exports shrink label machines to North America, Western Europe and Africa and Asia. Although the demand for shrink labels is growing worldwide, the manufacturer’s individual production capacity has increased considerably. Due to this the market is anticipating pierce competition.
Global Shrink Label Machine: Market Dynamics
Shrink labels provide tamper proof or tamper evident feature to packaging products. There are various types of printing technologies e.g. flexographic printing, lithography, digital printing etc. available for label manufactures. Flexographic printing is anticipated to grow at a higher annual growth rate. The flexibility of printing and tamper proof features are driving the demand for shrink label machines. Suitable label material includes PVC, PET, OPP and OPS. The shrink label machines can be used to label round bottle, square bottle, flat bottle, curved bottle and cup-shaped, etc. Shrink labels enable excellent product presentation. They also provide full 360’ reverse text printing, which makes them perfect solution for packaging products like bottles, cups, tubes, metal cans, boxes & bins etc. Growing demand for consumer packaged goods (CPGs) from middle class population and tough competition between FMCG manufacturers to push their brands is influencing the demand for shrink label machines. Tamper evident shrink label packaging brands is the new trend in the packaging industry. Tamper evident feature provides fast and easy way to secure the containers, add value and protection to products. Tamper evident shrink labels are excessively used in personal care, cosmetics and pharmaceutical industries.
Global Shrink Label Machine Market: Regional outlook
Shrink label machine market has been segmented on the basis of region into North America, Latin America Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. Asia Pacific Excluding Japan (APEJ) is expected to dominate the overall global shrink label machine market, followed by Western Europe. This is due to increasing number of shrink labels machine manufacturers in Western European countries like Germany and France. Over the forecast period, APEJ shrink label machine market is expected to dominate the global shrink label machine market. China, North Korea, Taiwan and India are expected to drive the APEJ shrink label machines market.
Global Shrink Label Machine Market: Key players
Some of the players associated with the global shrink label machine market are Engage Technologies Corporation (American Film & Machinery), U. V. Tech Systems, Shanghai Xinhua Machinery Equipment Co., Ltd., Shanghai Chuangling Packaging Machine Manufacturing Co., Ltd., Shanghai Leadworld Machinery Technology, Sanket Packseal Machines Pvt. Ltd. and others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Global Shrink Label Machine: Market Segmentation
The shrink label machine market is segmented on the basis of packaging material, performance, and application.
On the basis of packaging material type, the global shrink label machine market is segmented into:
Based on the performance, global shrink label machine market is segmented into:
- Less than 50 products/min
- 50 to 150 products/min
- 150 to 250 products/min
- 250 to 400 products/min
- More than 400 products/min
Based on the application, global shrink label machine market is segmented into:
- Machinery & Hardware
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
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What will you discover from Shrink Label Machine Market report?
- The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
- An overview of the market report, providing an imperative visual of the varied market subdivisions and overall forecast statistics in terms of value and volume
- Extensive database and key dynamics elevating the market with varied verticals associated
- Underlying Shrink Label Machine Market forces that are compelling consumers or businesses to purchase the product
- How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Shrink Label Machine Market
- What will be environment and regulatory impacts on the market over the next decade
Which framework has been used to develop the Shrink Label Machine Market report?
- Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
- Relative Maturity Mapping – The relative maturity is measured according to three growth phases (growth, maturity, decline)
- Relative PLC (Product Life Cycle) – Analysis of the emergence of prominent players and competitive test prices which are driving factors behind every market. (expected market behavior, observed market behavior, expected market performance, observed market performance)