As the global economy recovers in 2021 and the supply of the industrial chain improves, the Shrink Sleeve Applicator market will undergo major changes. The Global Shrink Sleeve Applicator market is expected to register a CAGR of 4.71% over the forecast period from 2022 to 2027. Consistently rising production output from pharmaceutical, food, beverage, and personal care industries led manufacturers across the globe to utilize and adopt shrink sleeve label applicators for labeling purposes on bottles.

The global Shrink Sleeve Applicator industry report provides top-notch qualitative and quantitative information including: Market size (2017-2021 value and 2022 forecast). The report also contains descriptions of key players, including key financial indicators and market competitive pressure analysis.

The report also assesses key opportunities in the market and outlines the factors that are and will drive the growth of the industry. Taking into account previous growth patterns, growth drivers, and current and future trends, we also forecast the overall growth of the global Shrink Sleeve Applicator market during the next few years. The global Shrink Sleeve Applicator market size will reach USD million in 2028, growing at a CAGR of % during the analysis period.

Highlights-Regions

The Shrink Sleeve Applicator market can be split based on product types, major applications, and important regions as follows:

North America
Europe
Asia Pacific
Latin America

Player list
Krones AG
Fujiseal International
Pack Leader Machinery Inc.
Axon Corporation
Sleever International

Types list
Semi-automated & Manual
Automated

Application list
Food
Beverage
Pharmaceutical
Personal care & Cosmetics
Industrial (Chemicals & Automotive)