Stretch Sleeve & Shrink Sleeve Labels Market Outlook:
Stretch Sleeve & Shrink Sleeve Labels Market size was valued at USD 13.68 billion in 2025 and is set to exceed USD 25.68 billion by 2035, expanding at over 6.5% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of stretch sleeve & shrink sleeve labels is estimated at USD 14.48 billion.
The adoption of stretch sleeve & shrink sleeve labels is anticipated to rise significantly with increased demand for visually appealing and cost-effective labeling solutions. The opportunity for market growth lies in sustainable packaging solutions since many manufacturers are adopting environment-friendly raw materials and green processes for production. In January 2024, CCL Industries invested €50 million to open its new sustainable sleeve label hub in Dornbirn, Austria. The plant is one of the pioneer facilities designed to produce high-end, sustainable shrink sleeves based on state-of-the-art EcoFloat decoration technology. This underlines the commitment of the sector to sustainability and the rising regulatory pressures for environmentally friendly packaging solutions.
Investments from companies in advanced printing technologies are improving the appearance and functionality-related feature sets of labels. Moreover, government regulations related to packaging and labeling are also driving the market expansion. For instance, in 2022, the European Union passed new legislation that requires all types of packaging, including labeling, to be composed of recyclable material. As such, stretch sleeve & shrink sleeve label manufacturers have incorporated more sustainable label materials.
