Industry News

Rapid Growth for Sleeve Label Consumption

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By: Bridget Klebaur

Director of Performance + Engagement / Chief Performance Officer, Office of the Commissioner, NYC Department of Design and Construction

Global consumption of sleeve labels is forecast to grow at a calculated annual growth rate (CAGR) of 5.6% in the 2014-2019 period, according to a new market report by Smithers Pira. Sleeve label consumption is projected to reach 6,425 million m₂ in 2014, with a value of approximately $4.4 billion. Sleeve labels are growing at a faster rate than the label market as a whole, and represent a projected 12.5% share of global label consumption by area in 2014. The Future of Stretch and Shrink Sleeve...

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