Global Shrink Sleeve Labels Market Expanding at a Stable CAGR of 6% from 2016 to 2022 Market Highlights The food and beverage industry is thriving globally due to the dependence on the processed and packaged food. The transition of regional growth from North America & Europe to APAC for the sector has induced the demand for convenience food items. The increased demand is met with the changing packaging solutions. The food and beverage industries fuel the demand for such attractive labels that gives out the product information. Industries other than food & beverage and pharmaceutical like personal care use the labels extensively across products like cosmetics, skin care, eye care and others. These are highly shrinking sleeve label driven. With changing lifestyles and increasing awareness about wastage and recycling people are buying shrink sleeve label products. The global shrink sleeve labels market is expected to cross USD 14 Billion mark, growing at a CAGR of approximately 6% by the end of the forecasted period. Market Size of Shrink Sleeve Labels by Regions (USD Million)
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