MEXICO SHRINK SLEEVE LABELS MARKET 

KEY FINDINGS

• Mexico Shrink Sleeve labels Market is expected to grow from $273.0 Million in 2023 and it will reach $608.1 Million in 2030 at CAGR of 12.5% from 2024-2030.​
• There is a strong shift towards sustainable packaging solutions. Brands are increasingly opting for recyclable and biodegradable shrink sleeves to align with environmental regulations and consumer preferences. This trend is expected to drive the development of new eco-friendly materials and technologies.​
• The Mexican government has been implementing stricter regulations regarding packaging materials and labeling standards. This has led to increased compliance requirements for manufacturers, driving them to adopt higher-quality and more compliant shrink-sleeve labels.
• The food and beverage sector is the largest segment of the Mexico shrink sleeve labels market, accounting for over 49.7% of the market share in 2023. This is followed by the pharmaceutical and personal care sectors, which account for around 28.6% and 14.2% of the market share, respectively.​​
• In terms of material, PVC (Polyvinyl Chloride), and PET-G  (Polyethylene Terephthalate Glycol) are the two materials which collectively governs about 90% of the market share in the market of the country. PVC accounts for 48.9% of the market share whereas, 44.3% of the market is held by PET-G  (Polyethylene Terephthalate Glycol).​
• Major players in the Mexico Shrink Sleeve Labels Market are All4 Labels, Eximpro, and UPM Rafaltec.​
• The market is seeing increased competition and potential fragmentation as both established players and new entrants are aiming to capture a sizable market share market share.​
• The prominent players operating in the market are trying to establish their presence through strategic mergers and acquisitions and are also making heavy investments to modernize their facilities which will automatically provide them with better printing capabilities.

INTRODUCTION TO MEXICO SHRINK SLEEVE LABELS MARKET

Shrink sleeves are a special kind of product label that are basically heat-wrapped around the entire product, such as a bottle or can. These labels fit the product or container’s contour precisely and without any gaps or wrinkles.

The most typical material used to create shrink sleeve labels is polyester or plastic film.Shrink sleeves provide a way to brand and add product details to containers, much like standard labels do. Instead of just adhering to the surface, the application of a shrink sleeve entails shrinking a film sleeve with steam or heat so that it takes the shape of the container. 

MEXICO SHRINK SLEEVE LABELS MARKET SIZE AND FORECAST

The Mexico Shrink Sleeve labels market accounted for $273 Million in 2022 and is anticipated to reach $608 Million by 2030, registering a CAGR of 12.5% from 2024 to 2030.

NEW PRODUCT LAUNCH IN MEXICO SHRINK SLEEVE LABELS MARKET

Shrink Sleeve Label Technologies Workshop is announced by AWA.From concept to manufacture to final application, the session will offer an interactive overview of the technologies and procedures involved in sleeve labelling.

AWA The Shrink Sleeve Label Technologies Workshop will take place in Minneapolis thanks to Alexander Watson Associates and sponsors.The workshop’s goal is to keep attendees up to date on advancements in heat shrink sleeve label processing, from design through manufacture and use, and will serve as an interactive introduction to the technologies and procedures involved in sleeve labelling.

matching live demonstration with theory Presentations from the industry “Cures and Remedies” panel discussion Test Procedures and the AWA Shrink Label Technology Manual Print-based workshop resources Peer networking Career development at a reasonable cost Only label converters and brand owners are permitted to attend this session, which is being held by leading providers to the sector.

Versatility. Shrink sleeves, as they have already mentioned, can conform to odd shapes, making them a wonderful choice for containers that don’t fit well with a typical label. These labels fit the product or container’s contour precisely and without any gaps or wrinkles. The most typical material used to create shrink sleeve labels is polyester or plastic film.

MEXICO SHRINK SLEEVE LABELS MARKET COMPANY PROFILES

• AWA
• Eastman
• Brook+Whittle
• Innovia
• Kinder cola 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Shrink Sleeve labels are manufactured per annum in Mexico? Who are the sub-component suppliers in this region?
2. Cost breakup of a Mexico Shrink Sleeve labels and key vendor selection criteria
3. Where are the Shrink Sleeve labels manufactured? What is the average margin per unit?
4. Market share of Mexico Shrink Sleeve labels market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Mexico Shrink Sleeve labels in-house
6. key predictions for next 5 years in Mexico Shrink Sleeve labels market
7. Average B-2-B Shrink Sleeve labels market price in all segments
8. Latest trends in Shrink Sleeve labels market, by every market segment
9. The market size (both volume and value) of the Shrink Sleeve labels market in 2024-2030 and every year in between?
10. Production breakup of Shrink Sleeve labels market, by suppliers and their OEM relationship