Heat-shrinkable film is a versatile packaging material that shrinks tightly around products when exposed to heat, ensuring secure and protective wrapping. Made from polymers such as polyolefins, PVC, or polyethylene, this film provides durability, clarity, and adaptability for a wide range of applications. It is commonly used for bundling items, protecting goods during shipping, and creating tamper-evident seals. Heat-shrinkable film is ideal for industries like food and beverage, retail, and industrial packaging, offering benefits such as reduced material usage, product visibility, and sustainability in recyclable variants.
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Data Bridge Market Research analyzes that the North America Heat-Shrinkable Film for Sleeve Labels Market is expected to reach USD 3.61 billion by 2032 from USD 2.7 billion in 2024, growing with a substantial CAGR of 3.7% in the forecast period of 2025 to 2032.
Key Findings of the Study
- Rising Adoption of Sustainable Labeling Solutions
Heat-shrinkable sleeve labels made from sustainable materials, such as Polyethylene Terephthalate Glycol (PETG) and Polylactic Acid (PLA), are gaining popularity due to their recyclability and reduced environmental impact. Companies in sectors like food and beverage, personal care, and household products are increasingly adopting these labels to meet corporate sustainability goals, comply with regulations, and cater to eco-conscious consumers. For instance, leading brands in North America have shifted toward using heat-shrinkable labels with reduced material usage and lower energy requirements during application. Furthermore, government regulations and industry initiatives supporting sustainable packaging practices are amplifying this trend. Policies promoting the use of recyclable materials and imposing restrictions on single-use plastics are encouraging manufacturers to innovate in sustainable label solutions. Certifications and eco-labels are also becoming critical marketing tools for brands, further fuelling the adoption of eco-friendly sleeve labels.
For instance,
- Coca-Cola focuses on sustainable packaging through eco-friendly designs, aiming for 100% recyclable packaging and reduced use of virgin plastics. Their initiatives include using renewable materials, innovating lightweight bottles, and scaling refillable models to minimize environmental impact. The company also champions circular economy practices, aiming to recover and reuse packaging globally
As sustainability continues to shape purchasing decisions and corporate strategies, the rising adoption of sustainable heat-shrinkable sleeve labels represents a crucial growth driver for the market in North America. This trend is expected to sustain its momentum, driven by evolving consumer preferences, stricter regulatory frameworks, and continuous technological advancements
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2025 to 2032
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Base Year
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2024
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Historic Years
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2018-2023 (Customizable to 2013-2017)
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Quantitative Units
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Revenue in USD Billion
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Segments Covered
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Sleeve (Full Body Sleeves, Half Body and Cap Sleeves, Combi Sleeves, Tamper Evident Cap Sleeves, and Others), Material (PVC Shrink Films, Polyethylene Terephthalate Shrink Films (PET), Polyethylene Terephthalate Glycol Shrink Films (PETG), Oriented Polystyrene (OPS) Shrink Films, Polyolefin Shrink Films, Polyamide Shrink Films, Hybrid Shrink Films, and Others), Temperature (Medium Temperature Shrink Films, Low Temperature Shrink Films, and High Temperature Shrink Films), Nature (Recyclable and Non-Recyclable), Thickness (Medium Films (30-50 Microns), Thin Films (Below 30 Microns), and Thick Films (Above 50 Microns)), Application (Bottles, Jars, Cans, Tubs, and Others), End-User Industry (Food and Beverages, Pharmaceuticals, Cosmetics & Personal Care, Household Goods, Automotive, Chemicals, Dietary Supplements, and Others)
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Countries Covered
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U.S., Canada, and Mexico
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Market Players Covered
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Amcor plc (U.S), Klöckner Pentaplast (U.K), Berry Global Inc. (U.S), Avery Dennison Corporation (U.S), ProAmpac (U.S), Taghleef Industries (U.A.E.), Bonset America Corporation (U.S), Cosmo Films (India), Clysar (U.S), and Plastic Suppliers, Inc. (U.S) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework
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Segment Analysis
The North America heat-shrinkable film for sleeve labels market is segmented into seven notable segments based on sleeve, material, temperature, nature, thickness, application, and end-user industry.
- On the basis of sleeve, the market is segmented into full body sleeves, half body and cap sleeves, combi sleeves, tamper evident cap sleeves, and others
In 2025, the full-body sleeve segment is expected to dominate the North America heat-shrinkable film for sleeve labels market
In 2025, the full-body sleeve segment is expected to dominate the market with a market share of 34.87% due to its superior product coverage, 360-degree branding capabilities, and adaptability to various container shapes and sizes
- On the basis of material, the market is segmented into PVC shrink films, polyethylene terephthalate shrink films (PET), polyethylene terephthalate glycol shrink films (PETG), Oriented Polystyrene (OPS) shrink films, polyolefin shrink films, polyamide shrink films, hybrid shrink films, and others
In 2025, the PVC shrink film segment is expected to dominate the North America heat-shrinkable film for sleeve labels market
In 2025, the PVC shrink film segment is expected to dominate the market with a market share of 34.11% due to its superior clarity, printability, and flexibility, making it ideal for intricate designs and vibrant branding
- On the basis of temperature, the market is segmented into medium-temperature shrink film, low temperature shrink films, high temperature shrink films. In 2025, the medium temperature shrink films segment is expected to dominate the market with a market share of 47.29%
- On the basis of nature, the market is segmented into recyclable, and non-recyclable. In 2025, the recyclable segment is expected to dominate the market with a market share of 64.88%
- On the basis of thickness, the market is segmented into medium films (30-50 microns), thin films (below 30 microns), and thick films (above 50 microns). In 2025, the medium film segment is expected to dominate the market with a market share of 47.36%
- On the basis of application, the market is segmented into bottles, jars, cans, tubs, and others. In 2025, the bottles segment is expected to dominate the market with a market share of 53.34%
- On the basis of end-user industry, the market is segmented into food and beverages, pharmaceuticals, cosmetics & personal care, household goods, automotive, chemicals, dietary supplements, and others. In 2025, the food and beverages segment are expected to dominate the market with a market share of 38.21%
Major Players
Data Bridge Market Research Analyses Amcor plc (Switzerland), Klöckner Pentaplast (U.K.), Berry Global Inc.( U.S.), Avery Dennison Corporation (U.S.), ProAmpac (U.S.) are the major players in the North America heat-shrinkable film for sleeve labels market.
Recent Developments
- In November 2024, Amcor plc announced a strategic partnership with South Korea's Kolon Industries to co-develop and commercialize sustainable polyester materials for flexible packaging. The collaboration focuses on chemically recycled PET (crPET) and Polyethylene Furanoate (PEF), supporting Amcor's goals of incorporating 30% post-consumer recycled materials by 2030 and achieving net-zero emissions by 2050. This partnership aims to advance circular economy initiatives and reduce carbon footprints in global packaging solutions
- In November 2024, Amcor plc was honored with two Green Innovation Awards at the 2024 SIMEI Innovation Challenge "Lucio Mastroberardino" in Milan. The awards recognized its pioneering products, ESSENTIELLE and STELVIN Goes Greener, for advancing sustainable packaging in the wine and spirits sector
- In November 2024, Amcor plc announced a definitive merger agreement with Berry Global Group, Inc. in an all-stock transaction to create a global leader in consumer and healthcare packaging solutions. Berry shareholders will receive 7.25 Amcor shares per Berry share, with Amcor and Berry shareholders owning approximately 63% and 37% of the combined company, respectively. The merger aims to accelerate growth, enhance sustainability efforts, and deliver USD 650 million in annual earnings synergies
- In August 2024, ProAmpac received two Silver Awards at the 2024 Excellence in Flexography Awards hosted by the Flexographic Technical Association (FTA). The company was recognized for its TAZO Wild Sweet Orange Tea Packet design, noted for its "excellent tonality," and the Econosource Paper Wrap design, praised for its "precise color registration and sharp text." This achievement highlights ProAmpac's dedication to advancing flexographic printing and delivering exceptional quality
- In February 2023, Taghleef Industries introduced innovative shrink sleeve label films for the dairy sector, providing a striking new look on shelves. These recyclable SHAPE360 films enhance branding with full-container designs while supporting sustainability through compatibility with modern recycling systems, reinforcing Taghleef’s commitment to circular economy solutions
Regional Analysis
The countries in the North America heat-shrinkable film for sleeve labels market are U.S., Canada, and Mexico.
As per Data Bridge Market Research analysis:
U.S. is expected to be the fastest growing and the dominating country in the market
The U.S. is expected to be the fastest growing and the dominating country in the market due to its advanced manufacturing infrastructure, high demand for innovative packaging solutions, and the presence of major food, beverage, and personal care industries driving the adoption of shrink sleeve labels.
For more detailed information about the North America Heat-Shrinkable Film for Sleeve Labels Market report, click here – https://www.databridgemarketresearch.com/ar/reports/north-america-heat-shrinkable-film-for-sleeve-labels-market
