United States Sleeving Machines Market Insights Forecasts to 2033

• The Market Size is Growing at a CAGR of 4.1% from 2023 to 2033
• The U.S. Sleeving Machines Market Size is Expected to Hold a Significant Share by 2033

The U.S. Sleeving Machines Market is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 4.1% from 2023 to 2033.

Market Overview

Carton sleeve packaging combines both practicality and visual appeal in a creative way. Sleeving packaging allows for a unique display of products. Companies have the ability to create visually appealing packaging that catches the eye of consumers and differentiates itself on store shelves because of its stylish design and customizable elements. In a competitive market, having eye-catching packaging can make a significant impact due to the wide variety of choices available to consumers. Furthermore, carton sleeve packaging provides an additional layer of protection for items. The market growth is being driven by factors such as growth in the packaging industry, expansion of the food & beverage sector, and sustainability trends. The significant increase in packaging is mainly boosted by factors like the growing pharmaceutical, food processing, and manufacturing sectors. The rising packaging sector is increasing the need for innovative packaging options, like sleeving equipment. Packaging companies can increase efficiency, improve product appearance, and remain competitive in the market with the use of sleeving machines. Furthermore, the market growth is also being propelled by the rapid urbanization taking place globally. The fast growth of cities leads to a higher need for packaged goods in different sectors such as food & drinks, household items, and beauty products. In general, city dwellers look for convenient products like prepared meals that need appealing and efficient packaging solutions.

Report Coverage

This research report categorizes the market for the US sleeving machines market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States sleeving machines market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the U.S. sleeving machines market.

Driving Factors

The increasing demand from consumers for precise, fast, and simple labeling solutions is expected to drive market growth even more. The sleeving machines market is expected to grow due to the increasing e-commerce industry, which will benefit from advantages such as convenience, variety, and cost efficiency. Within the realm of e-commerce, sleeving machines are employed to affix labels and barcodes onto a variety of cartons and packages. Tracking and anti-counterfeiting features on labels allow product manufacturers to easily follow shipments. Moreover, labels guarantee that the items are shipped to customers safely, helping to prevent tampering. There is an expected increase in demand for security labeling to prevent theft and fraud, leading to a further rise in demand for this equipment.

Restraining Factors

The sleeving machines market has been greatly affected by the COVID-19 pandemic due to disruptions in the supply chain, a surge in e-commerce, changes in commercial demand, a focus on health and safety, and economic instability.

Market Segmentation

The US sleeving machines market share is classified into machine type and end-use.

• The shrink sleeve labeling machine segment is expected to hold a significant market share through the forecast period.

The United States sleeving machines market is segmented by machine type into shrink-sleeve labeling machines, stretch-sleeve labeling machines, roll-fed labeling machines, tamper-evident banding machines, and heat tunnel machines. Among these, the shrink sleeve labeling machine segment is expected to hold a significant market share through the forecast period. Shrink sleeve labeling machines enable full-body labeling, resulting in optimal brand visibility and promotion. These label applicators are also suitable for affixing labels to containers with complex or non-uniform shapes.

• The food & beverages segment is expected to dominate the US sleeving machines market during the projected period.

Based on the end use, the United States sleeving machines market is divided into food & beverages, pharmaceuticals, cosmetics & personal care, chemicals, automotive, and others. Among these, the food & beverages segment is expected to dominate the US sleeving machines market during the projected period. Factors such as population growth, higher disposable income, and a worldwide shift towards healthier beverages are driving the increase in beverage manufacturing. There is an anticipation for a growth in the need for labeling machinery.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United States sleeving machines market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Krones AG
• Fujiseal International
• Finpac Group
• Pack Leader Machinery Inc.
• Sleever International
• Tripack Group
• Axon Corporation
• USLUGA SHPK
• Label-Aire Corporation
• Benison Group
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In November 2022, PDC International Corp., which provides shrink sleeve machinery, introduced Zero-Downtime dual reel unwind solutions to minimize downtime. This solution is compatible with all brands and PDC machines.

Market Segment

This study forecasts revenue at U.S., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United States Sleeving Machines Market based on the below-mentioned segments:

United States Sleeving Machines Market, By Machine Type

• Shrink Sleeve Labeling Machine
• Stretch Sleeve Labeling Machine
• Roll-fed Labeling Machine
• Tamper-evident Banding Machine
• Heat Tunnel Machine

United States Sleeving Machines Market, By End Use

• Food & Beverages
• Pharmaceuticals
• Cosmetics & Personal Care
• Chemicals
• Automotive
• Others