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Sleeving Machines Market Size, Share, Trend & Forecast – 2032
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Rapid industrialization in countries like China and India is driving this dominance."}},{"@type":"Question","name":"What is the size of the sleeving machines market?","acceptedAnswer":{"@type":"Answer","text":"The market size for sleeving machines was valued at approximately USD 2.9 billion in 2023 and is projected to grow at a CAGR of around 3.5% from 2024 to 2032, driven by the increasing demand for automated packaging solutions, especially in industries such as food & beverages, pharmaceuticals, and consumer goods. "}},{"@type":"Question","name":"What is the market share of semi-automatic sleeving machines?","acceptedAnswer":{"@type":"Answer","text":"Semi-automatic sleeving machines held around 62% of the total market share in 2023 and are projected to grow at a CAGR of 3.7% during the forecast period. These machines are popular due to their efficiency, minimal operator input, and cost-effectiveness."}}]}</script><script type="application/ld+json">{"@context":"http://schema.org","@type":"Dataset","name":"Sleeving Machines Market Size, Share, Trend & Forecast – 2032","description":"Sleeving Machines Market - By Machine Type, By Automation, By Application, By End Use, By Distribution Channel & Forecast, 2024 – 2032","url":"https://www.gminsights.com/industry-analysis/sleeving-machines-market","license":"https://www.gminsights.com/privacy-policy","distribution":{"@type":"DataDownload","encodingFormat":"pdf,excel,csv,ppt","contentUrl":"https://www.gminsights.com/"},"creator":{"@type":"Organization","name":"Global Market Insights","url":"https://www.gminsights.com/","logo":{"@type":"ImageObject","url":"https://cdn.gminsights.com/image/GMI_logo.webp"}},"spatialCoverage":{"@type":"place","name":"Global"}}</script><script type="application/ld+json">{"@context":"http://schema.org","@type":"Report","mainEntityOfPage":{"@type":"WebPage","@id":"https://www.gminsights.com/industry-analysis/sleeving-machines-market"},"headline":"Sleeving Machines Market - By Machine Type, By Automation, By Application, By End Use, By Distribution Channel & Forecast, 2024 – 2032","datePublished":"2024-09-01","author":[{"@type":"Person","name":"Kunal Ahuja"},{"@type":"Person","name":"Kiran Pulidindi"}],"copyrightHolder":{"@type":"Organization","name":"Global Market Insights Inc."},"publisher":{"@type":"Organization","name":"Global Market Insights Inc.","logo":{"@type":"ImageObject","url":"https://cdn.gminsights.com/image/GMI_logo.webp","width":511,"height":123}},"description":"The global sleeving machines market was valued at around USD 2.9 billion in 2023 and is estimated to grow at a CAGR of around 3.5% from 2024 to 2032. 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Surge in demand for automated packaging solutions is increasing the demand for automated packaging solutions.<br /> </p> <p style=font-size:18px><img alt="Sleeving Machines Market" src="https://cdn.gminsights.com/image/rd/packaging/sleeving-machines-market-2024-2032.webp" title="Sleeving Machines Market Research Report" /></p> <p style=font-size:18px>Industries such as food & beverage, pharmaceuticals, and consumer goods are adopting automation to boost production, lower labor costs, and ensure consistency. Automated packaging systems, like sleeving machines, provide flexibility, accuracy, and can handle high volumes, making them crucial in today's market. Additionally, automation helps businesses meet strict regulations and consumer preferences for secure, tamper-evident packaging.<br /> </p> <p style=font-size:18px>Additionally, the growing e-commerce sector is further boosting the sleeving machines market by increasing the need for efficient and attractive packaging solutions. As online shopping rises, businesses need versatile sleeving machines to handle various products packaging, improve brand visibility, and manage higher order volumes. Overall, the growth of e-commerce is creating strong demand for advanced sleeving solutions in this market.<br /> </p> <div class="print-table"> </div> <p style=font-size:18px>Manufacturers in the sleeving machines market face significant challenges due to regulatory compliance. They must navigate a complex landscape of packaging regulations, which often emphasize safety standards, environmental sustainability, and material usage. As a result, companies are bound to invest in research and development to ensure their products align with legal standards. Failing to comply can result in fines, product recalls, and affect brand reputation. These challenges can complicate production processes and affect the overall presence in the market.<br /> </p> <h2 id="marketTrends" style=font-size:18px;line-height:normal;margin-bottom:15px>Sleeving Machines Market Trends</h2> <p style=font-size:18px>The sleeving machines industry is increasingly driven by a growing preference for eco-friendly packaging. In response to consumer demand for sustainability, manufacturers are turning to biodegradable and recyclable sleeves. Innovations in machine development aims to minimize waste during the process, thereby enhancing efficiency. For instance, Sleever International has launched its LDPET sleeve, which is fully recyclable and aligns seamlessly with PET bottle recycling streams. The industry is also embracing energy-efficient technologies, aiming to curtail energy consumption and carbon emissions. Furthermore, the push for sustainable sleeving options is being fueled by stricter packaging waste regulations. In a bid to boost sustainability, companies are engaging in partnerships with suppliers that prioritize eco-friendliness, thus cultivating a greener supply chain. Additionally, advancements in production processes are leading to reduced water consumption and emissions, furthering the industry's commitment to sustainability.<br /> </p> <h2 id="marketAnalysis" style=font-size:18px;line-height:normal;margin-bottom:15px>Sleeving Machines Market Analysis</h2> <div class="sum-img"><img alt="Sleeving Machines Market, By Machine Type, 2021 – 2032, (USD Billion)" src="https://cdn.gminsights.com/image/rd/packaging/sleeving-machines-market-by-machine-type-2024-2032.webp" title="Sleeving Machines Market, By Machine Type, 2021 – 2032, (USD Billion)" /></div> <p style=font-size:18px>Based on the machine type, the market can be segmented into shrink sleeve labeling machine, stretch sleeve labeling machine, roll-fed labeling machine and others (heat tunnel machine). The shrink sleeve labeling machine accounted for revenue of around USD 1.41 billion in the year 2023 and expected to reach around USD 1.94 billion by 2032. Shrink sleeve labeling machines lead the market due to their ability to handle various product shapes and sizes. Industries like food and pharmaceuticals benefit from this flexibility. These machines enhance product appearance with full 360-degree branding and ensure safety. They are cost-effective due to efficient material used and automation. Strong bond reduces label problems. Additionally, as consumers prefer eye-catching packaging and sustainable materials improve, the demand for these machines grows.</p> <p style=font-size:18px> </p> <div class="sum-img"><img alt="Sleeving Machines Market Revenue Share, By Application (2023)" src="https://cdn.gminsights.com/image/rd/packaging/sleeving-machines-market-revenue-share-by-application-2024-2032.webp" title="Sleeving Machines Market Revenue Share, By Application (2023)" /></div> <p style=font-size:18px>Based on the application, the market is categorized into manual, semi-automatic and automatic. The semi-automatic application segment held around 62% of the total market share in 2023 and is anticipated to grow at a CAGR of 3.7% during the forecast period. Semi-automatic sleeving machines dominate the market due to their efficiency and cost-effectiveness. Requiring minimal operator input, they are ideally suited for medium-volume production. These machines facilitate swift changeovers and accommodate a variety of products. Such adaptability appeals to businesses aiming to sidestep the steep expenses associated with fully automatic systems. As a result, semi-automatic machines have gained traction across diverse product lines, strengthening their market presence.<br /> </p> <div class="sum-img"><img alt="Asia–Pacific Sleeving Machines Market Size, 2021 – 2032, (USD Billion)" src="https://cdn.gminsights.com/image/rd/packaging/asia-pacific-sleeving-machines-market-size-2024-2032.webp" title="Asia–Pacific Sleeving Machines Market Size, 2021 – 2032, (USD Billion)" /></div> <p style=font-size:18px>Asia Pacific dominated the sleeving machines market with a market share of around 41.7% in 2023 and anticipated to grow with a CAGR of around 4.3% during forecast period. Rapid industrialization is solidifying the Asia-Pacific region's dominance. Major economic shifts in countries like China and India are heightening the demand for efficient and reliable packaging solutions across industries, notably in food & beverages and e-commerce. This industrial surge is also propelling the consumer goods sector, with notable emphasis on food and beverage, pharmaceuticals, and cosmetics. As these sectors expand, the importance of advanced packaging technologies escalates, ensuring product quality, safety, and effective branding. The interplay of industrial expansion and rising consumer demand is strengthening the adoption of sleeving machines, encouraging innovation and investment in packaging solutions throughout the region.<br /> </p> <p style=font-size:18px><strong>North America:</strong> In terms of the country, the US dominates with an overall market share of around 79.05% in the North America sleeving machine market. Driven by a surging demand for craft beverages and health-centric drinks, the U.S. stands as North America's dominant market for sleeving machines. These evolving products not only demand innovative and eco-friendly packaging but also packaging solutions that ensure product safety during shipping, especially with the rise of e-commerce. Technological advancements in sleeving machines—ranging from smart manufacturing and increased speeds to precision, adaptability for diverse bottle shapes, and heightened automation are streamlining operations and reducing costs. Collectively, these elements are shaping a rapidly evolving and dynamic market landscape.<br /> </p> <p style=font-size:18px><strong>Europe:</strong> Europe sleeving machines market accounted market share of around 21.9% in 2023 and anticipated to grow with a CAGR of around 2.8% during forecast period. Industries are increasingly adopting automated solutions to enhance production efficiency and reduce labor costs. Strict regulations regarding packaging and labeling in Europe drive the need for advanced sleeving technologies that ensure compliance with safety and quality standards.<br /> </p> <p style=font-size:18px>In terms of country, UK dominated the Europe sleeving machine market with a market share of around 23.9% during the 2023.The demand for automation in the UK's market is growing due to the need for higher productivity and efficiency amid labor shortages. Automated solutions help lower long-term costs, improve quality consistency, and meet strict packaging regulations, further boosting the overall market.<br /> </p> <p style=font-size:18px><strong>Asia Pacific:</strong> The Asia Pacific sleeving machine market accounted with a market share of around 41.7% in 2023 and anticipated to grow with a CAGR of around 4.3% during forecast period. Some of the key drivers of market growth include rapid industrialization, rapidly growing e-commerce sector and consumer goods industries.<br /> </p> <p style=font-size:18px>In terms of country, China is dominating the Asia Pacific sleeving machine market with a market share of around 33.1% during the 2023. China's robust manufacturing foundation drives the expansion of the sleeving machines market. As the world's foremost manufacturing center, China has a high demand for efficient packaging solutions across various industries. With rapid technological progress, Chinese manufacturers are adopting advanced sleeving machines to boost productivity and reduce costs. Continuous improvements in packaging technology attract investments, helping manufacturers meet changing market demands. Consequently, China stands at the forefront of the sleeving machines industry.<br /> </p> <h2 id="marketShare" style=font-size:18px;line-height:normal;margin-bottom:15px>Sleeving Machines Market Share</h2> <div class="sum-img"><img alt="Sleeving Machines Market Company Share Analysis (2023)" src="https://cdn.gminsights.com/image/rd/packaging/sleeving-machines-market-company-share-analysis-2024-2032.webp" title="Sleeving Machines Market Company Share Analysis (2023)" /></div> <p style=font-size:18px>In 2023, key companies like CFT Group, General Packaging International, KHS, ProMach and Sidel Group held a combined market share of 30%-35%. These companies are pursuing mergers, acquisitions, facility expansions, and collaborations to strengthen their product portfolios, expand their customer base, and solidify their market positions. Additionally, manufacturers are adopting automated technologies in sleeving machines and opting for eco-friendly packaging materials to increase their market presence.<br /> </p> <h2 style=font-size:18px;line-height:normal;margin-bottom:15px>Sleeving Machines Market Companies</h2> <p style=font-size:18px>Major companies operating in the sleeving machines industry include:</p> <ul> <li style=font-size:18px>Accutek Packaging Companies</li> <li style=font-size:18px>Allen Plastic Industries</li> <li style=font-size:18px>American Film & Machinery Sleeves</li> <li style=font-size:18px>Brothers Pharma Mach India</li> <li style=font-size:18px>CFT Group</li> <li style=font-size:18px>General Packaging International</li> <li style=font-size:18px>Gosunm Intelligent Industry</li> <li style=font-size:18px>Harikrushna Machines</li> <li style=font-size:18px>KHS</li> <li style=font-size:18px>Krones</li> <li style=font-size:18px>Pack Leader USA</li> <li style=font-size:18px>ProMach</li> <li style=font-size:18px>Shanghai Procus Industrial</li> <li style=font-size:18px>Sidel Group</li> <li style=font-size:18px>Sleeve Technology<br /> </li> </ul> <h2 style=font-size:18px;line-height:normal;margin-bottom:15px>Sleeving Machines Industry News</h2> <ul> <li style=font-size:18px>In July 2024, ELITER Packaging Machinery launched its latest automatic sleeving machine, achieving speeds of up to 80 wraps per minute. This machine efficiently applies cardboard sleeves to various packaging containers, specifically designed for multipack and cluster formats.<br /> </li> <li style=font-size:18px>In July 2024, ProMach announced its acquisition of MBF, a leading global manufacturer of bottle-filling and closing machines. This strategic move not only strengthens ProMach's capabilities in the bottle-filling domain but also marks its second entry into the Italian market this year.<br /> </li> <li style=font-size:18px>In February 2024, Krones finalized a deal to acquire 100% of Netstal Maschinen AG (Netstal) shares, based in Nafels.<br /> </li> <li style=font-size:18px>In February 2023, Sidel bolstered its labeling machine portfolio with the acquisition of Makro Labelling.<br /> </li> </ul> <h2 style=font-size:18px;line-height:normal;margin-bottom:15px>The sleeving machines market research report includes in-depth coverage of the industry, <u>with estimates & forecasts in terms of revenue (USD Billion) (Units) from 2021 to 2032</u>, </u>for the following segments: <p class="download-link-button secdata reportViewClickHereButton" style="font-weight:normal;font-size:18px;"><span id="sectional_purchase" style="color: #1585cf; cursor: pointer; font-weight: bold;" >Click here</span> to Buy Section of this Report</p></h2> <p style=font-size:18px;color:#061524><strong>Market, By Machine Type </strong></p> <ul> <li style=font-size:18px>Shrink sleeve labeling machine</li> <li style=font-size:18px>Stretch sleeve labeling machine</li> <li style=font-size:18px>Roll-fed labeling machine</li> <li style=font-size:18px>Others (heat tunnel machine, etc.)</li> </ul> <p style=font-size:18px;color:#061524><strong>Market, By Automation </strong></p> <ul> <li style=font-size:18px>Manual</li> <li style=font-size:18px>Semi-automatic</li> <li style=font-size:18px>Automatic</li> </ul> <p style=font-size:18px;color:#061524><strong>Market, By Application </strong></p> <ul> <li style=font-size:18px>Bottles</li> <li style=font-size:18px>Cans</li> <li style=font-size:18px>Containers</li> <li style=font-size:18px>Multi-packs</li> <li style=font-size:18px>Others</li> </ul> <p style=font-size:18px;color:#061524><strong>Market, By End Use </strong></p> <ul> <li style=font-size:18px>Food and beverage</li> <li style=font-size:18px>Pharmaceuticals</li> <li style=font-size:18px>Cosmetics and personal care</li> <li style=font-size:18px>Chemical</li> <li style=font-size:18px>Others (agriculture, electronics, etc.)</li> </ul> <p style=font-size:18px;color:#061524><strong>Market, By Distribution Channel </strong></p> <ul> <li style=font-size:18px>Direct</li> <li style=font-size:18px>Indirect </li> </ul> <p style=font-size:18px;padding-left:15px><u>The above information is provided for the following regions and countries:</u></p> <ul> <li style=font-size:18px>North America <ul style="list-style-type:circle"> <li style=font-size:18px>U.S.</li> <li style=font-size:18px>Canada</li> </ul> </li> <li style=font-size:18px>Europe <ul style="list-style-type:circle"> <li style=font-size:18px>Germany</li> <li style=font-size:18px>UK</li> <li style=font-size:18px>France</li> <li style=font-size:18px>Italy</li> <li style=font-size:18px>Spain</li> </ul> </li> <li style=font-size:18px>Asia Pacific <ul style="list-style-type:circle"> <li style=font-size:18px>China</li> <li style=font-size:18px>India</li> <li style=font-size:18px>Japan</li> <li style=font-size:18px>Australia</li> <li style=font-size:18px>South Korea </li> </ul> </li> <li style=font-size:18px>Latin America <ul style="list-style-type:circle"> <li style=font-size:18px>Brazil</li> <li style=font-size:18px>Mexico</li> </ul> </li> <li style=font-size:18px>MEA <ul style="list-style-type:circle"> <li style=font-size:18px>Saudi Arabia</li> <li style=font-size:18px>UAE</li> <li style=font-size:18px>South Africa</li> </ul> </li> </ul> <p style=font-size:18px> </p> </div></div><div class="d-flex align-items-center justify-content-end p-1 reportAuthorDiv"><span class="authorHeading">Authors: </span><span class="authorHeadingName">Kiran Pulidindi, Kunal Ahuja<!-- --> </span> </div><div class="pd_top_5"></div><div><div class="reportFaqDiv"><strong>Frequently Asked Question(FAQ) :</strong></div><div class="pd_top_5"></div><div class="col-xl-12 col-lg-12 col-md-12 col-sm-12 col-xs-12 p-0"><section class="faq_section type_two"><div class="block_faq"><div class="accordion p-0"><dl><div><dt class="reportFaqQuestionDiv faq_header active p-2 pd_right_40 m-1 text-decoration-underline">Who are the major players in the sleeving machines industry?<span class="icon-plus-1" style="display:inline-block;transform:rotate(135deg);transition:transform 0.3s ease;background-color:rgba(0, 0, 0, .03);color:#7a7a7a;box-shadow:none;background:none;font-size:19px"></span></dt><dd class="accordion-content hide m-1 p-3" style="display:block;background-color:#fff;border:none"><div>Key companies in the market include Accutek Packaging Companies, Allen Plastic Industries, American Film & Machinery Sleeves, Brothers Pharma Mach India, CFT Group, General Packaging International, Gosunm Intelligent Industry, Harikrushna Machines, KHS, Krones, Pack Leader USA, ProMach, Shanghai Procus Industrial, Sidel Group, and Sleeve Technology.</div></dd></div><div><dt class="reportFaqQuestionDiv faq_header p-2 pd_right_40 m-1">Which region dominates the sleeving machines market?<span class="icon-plus-1" style="display:inline-block;transform:rotate(0deg);transition:transform 0.3s ease;background-color:rgba(0, 0, 0, .03);color:#7a7a7a;box-shadow:none;background:none;font-size:19px"></span></dt><dd class="accordion-content hide m-1 p-3" style="display:none;background-color:#fff;border:none"><div>Asia Pacific led the sleeving machines industry in 2023 with a market share of approximately 41.7% and is expected to grow at a CAGR of around 4.3% over 2024-2032. Rapid industrialization in countries like China and India is driving this dominance.</div></dd></div><div><dt class="reportFaqQuestionDiv faq_header p-2 pd_right_40 m-1">What is the size of the sleeving machines market?<span class="icon-plus-1" style="display:inline-block;transform:rotate(0deg);transition:transform 0.3s ease;background-color:rgba(0, 0, 0, .03);color:#7a7a7a;box-shadow:none;background:none;font-size:19px"></span></dt><dd class="accordion-content hide m-1 p-3" style="display:none;background-color:#fff;border:none"><div>The market size for sleeving machines was valued at approximately USD 2.9 billion in 2023 and is projected to grow at a CAGR of around 3.5% from 2024 to 2032, driven by the increasing demand for automated packaging solutions, especially in industries such as food & beverages, pharmaceuticals, and consumer goods. </div></dd></div><div><dt class="reportFaqQuestionDiv faq_header p-2 pd_right_40 m-1">What is the market share of semi-automatic sleeving machines?<span class="icon-plus-1" style="display:inline-block;transform:rotate(0deg);transition:transform 0.3s ease;background-color:rgba(0, 0, 0, .03);color:#7a7a7a;box-shadow:none;background:none;font-size:19px"></span></dt><dd class="accordion-content hide m-1 p-3" style="display:none;background-color:#fff;border:none"><div>Semi-automatic sleeving machines held around 62% of the total market share in 2023 and are projected to grow at a CAGR of 3.7% during the forecast period. These machines are popular due to their efficiency, minimal operator input, and cost-effectiveness.</div></dd></div></dl></div></div></section></div><div class="reportmarketScopeHeading"><strong>Sleeving Machines Market Scope</strong></div><div class="row reportMarketScopelist"><div class="col-md-6"><ul><li class="marketScopeList"><div style="cursor:pointer"><div>Sleeving Machines Market Size</div></div></li><li class="marketScopeList"><div style="cursor:pointer"><div>Sleeving Machines Market Trends</div></div></li></ul></div><div class="col-md-6"><ul><li class="marketScopeList"><div style="cursor:pointer"><div>Sleeving Machines Market Analysis</div></div></li><li class="marketScopeList"><div style="cursor:pointer"><div>Sleeving Machines Market Share</div></div></li></ul></div></div></div><div><div class="relatedReportsDiv"><strong>Related Reports</strong></div><div class="row reportMarketScopelist"><ul class="reportMaketScopeListDiv"></ul></div></div><div style="display:none"><div 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focusable="false" aria-hidden="true" viewBox="0 0 24 24" data-testid="RadioButtonCheckedIcon"><path d="M8.465 8.465C9.37 7.56 10.62 7 12 7C14.76 7 17 9.24 17 12C17 13.38 16.44 14.63 15.535 15.535C14.63 16.44 13.38 17 12 17C9.24 17 7 14.76 7 12C7 10.62 7.56 9.37 8.465 8.465Z"></path></svg></span></span><style data-emotion="css 9l3uo3">.css-9l3uo3{margin:0;font-family:"Roboto","Helvetica","Arial",sans-serif;font-weight:400;font-size:1rem;line-height:1.5;letter-spacing:0.00938em;}</style><span class="MuiTypography-root MuiTypography-body1 MuiFormControlLabel-label css-9l3uo3">Single User: </span></label><span> <strong>$<!-- -->4,123<!-- --> </strong> </span><span class="discountPricetext"><strong> $4,850<!-- --> </strong></span><div class="discountBtnPriceDiv"><span>15% off</span></div></div></div><div class="row"><div class="col-xl-12 col-lg-12 col-md-12 col-sm-12 col-xs-12 p-0 pd_left_5 buyNowRadioDiv"><label class="MuiFormControlLabel-root MuiFormControlLabel-labelPlacementEnd css-1jaw3da"><span class="MuiButtonBase-root MuiRadio-root MuiRadio-colorPrimary PrivateSwitchBase-root MuiRadio-root MuiRadio-colorPrimary MuiRadio-root MuiRadio-colorPrimary css-1b9j51a"><input class="PrivateSwitchBase-input css-1m9pwf3" name="radio-buttons-group" type="radio" value="2"/><span class="css-hyxlzm"><svg class="MuiSvgIcon-root MuiSvgIcon-fontSizeMedium css-q8lw68" focusable="false" aria-hidden="true" viewBox="0 0 24 24" data-testid="RadioButtonUncheckedIcon"><path d="M12 2C6.48 2 2 6.48 2 12s4.48 10 10 10 10-4.48 10-10S17.52 2 12 2zm0 18c-4.42 0-8-3.58-8-8s3.58-8 8-8 8 3.58 8 8-3.58 8-8 8z"></path></svg><style data-emotion="css uxultc">.css-uxultc{left:0;position:absolute;-webkit-transform:scale(0);-moz-transform:scale(0);-ms-transform:scale(0);transform:scale(0);-webkit-transition:-webkit-transform 150ms cubic-bezier(0.4, 0, 1, 1) 0ms;transition:transform 150ms cubic-bezier(0.4, 0, 1, 1) 0ms;}</style><style data-emotion="css 1c4tzn">.css-1c4tzn{-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;width:1em;height:1em;display:inline-block;fill:currentColor;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;-webkit-transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;font-size:1.5rem;left:0;position:absolute;-webkit-transform:scale(0);-moz-transform:scale(0);-ms-transform:scale(0);transform:scale(0);-webkit-transition:-webkit-transform 150ms cubic-bezier(0.4, 0, 1, 1) 0ms;transition:transform 150ms cubic-bezier(0.4, 0, 1, 1) 0ms;}</style><svg class="MuiSvgIcon-root MuiSvgIcon-fontSizeMedium css-1c4tzn" focusable="false" aria-hidden="true" viewBox="0 0 24 24" data-testid="RadioButtonCheckedIcon"><path d="M8.465 8.465C9.37 7.56 10.62 7 12 7C14.76 7 17 9.24 17 12C17 13.38 16.44 14.63 15.535 15.535C14.63 16.44 13.38 17 12 17C9.24 17 7 14.76 7 12C7 10.62 7.56 9.37 8.465 8.465Z"></path></svg></span></span><span class="MuiTypography-root MuiTypography-body1 MuiFormControlLabel-label css-9l3uo3">Multi User: </span></label><span> <strong>$<!-- -->4,840<!-- --> </strong> </span><span class="p-0 discountPricetext"><strong> $6,050<!-- --> </strong></span><div class="discountBtnPriceDiv"><span>20% off</span></div></div></div><div class="row"><div class="col-xl-12 col-lg-12 col-md-12 col-sm-12 col-xs-12 p-0 pd_left_5 buyNowRadioDiv"><label class="MuiFormControlLabel-root MuiFormControlLabel-labelPlacementEnd css-1jaw3da"><style data-emotion="css 19fcq5p">.css-19fcq5p{color:rgba(0, 0, 0, 0.6);-webkit-transform:scale(0.7);-moz-transform:scale(0.7);-ms-transform:scale(0.7);transform:scale(0.7);padding:7px 0px 7px 6px;}.css-19fcq5p.Mui-checked{color:#1976d2;}.css-19fcq5p.Mui-disabled{color:rgba(0, 0, 0, 0.26);}</style><style data-emotion="css 3erxz8">.css-3erxz8{padding:9px;border-radius:50%;color:rgba(0, 0, 0, 0.6);-webkit-transform:scale(0.7);-moz-transform:scale(0.7);-ms-transform:scale(0.7);transform:scale(0.7);padding:7px 0px 7px 6px;}.css-3erxz8.Mui-checked{color:#1976d2;}.css-3erxz8.Mui-disabled{color:rgba(0, 0, 0, 0.26);}</style><style data-emotion="css csppj7">.css-csppj7{display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;position:relative;box-sizing:border-box;-webkit-tap-highlight-color:transparent;background-color:transparent;outline:0;border:0;margin:0;border-radius:0;padding:0;cursor:pointer;-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;vertical-align:middle;-moz-appearance:none;-webkit-appearance:none;-webkit-text-decoration:none;text-decoration:none;color:inherit;padding:9px;border-radius:50%;color:rgba(0, 0, 0, 0.6);-webkit-transform:scale(0.7);-moz-transform:scale(0.7);-ms-transform:scale(0.7);transform:scale(0.7);padding:7px 0px 7px 6px;}.css-csppj7::-moz-focus-inner{border-style:none;}.css-csppj7.Mui-disabled{pointer-events:none;cursor:default;}@media print{.css-csppj7{-webkit-print-color-adjust:exact;color-adjust:exact;}}.css-csppj7.Mui-checked{color:#1976d2;}.css-csppj7.Mui-disabled{color:rgba(0, 0, 0, 0.26);}</style><span class="MuiButtonBase-root MuiRadio-root MuiRadio-colorPrimary PrivateSwitchBase-root MuiRadio-root MuiRadio-colorPrimary MuiRadio-root MuiRadio-colorPrimary css-csppj7"><input class="PrivateSwitchBase-input css-1m9pwf3" name="radio-buttons-group" type="radio" value="3"/><span class="css-hyxlzm"><svg class="MuiSvgIcon-root MuiSvgIcon-fontSizeMedium css-q8lw68" focusable="false" aria-hidden="true" viewBox="0 0 24 24" data-testid="RadioButtonUncheckedIcon"><path d="M12 2C6.48 2 2 6.48 2 12s4.48 10 10 10 10-4.48 10-10S17.52 2 12 2zm0 18c-4.42 0-8-3.58-8-8s3.58-8 8-8 8 3.58 8 8-3.58 8-8 8z"></path></svg><svg class="MuiSvgIcon-root MuiSvgIcon-fontSizeMedium css-1c4tzn" focusable="false" aria-hidden="true" viewBox="0 0 24 24" data-testid="RadioButtonCheckedIcon"><path d="M8.465 8.465C9.37 7.56 10.62 7 12 7C14.76 7 17 9.24 17 12C17 13.38 16.44 14.63 15.535 15.535C14.63 16.44 13.38 17 12 17C9.24 17 7 14.76 7 12C7 10.62 7.56 9.37 8.465 8.465Z"></path></svg></span></span><span class="MuiTypography-root MuiTypography-body1 MuiFormControlLabel-label css-9l3uo3">Enterprise User: </span></label><span> <strong> $<!-- -->5,845<!-- --> </strong> </span><span class="discountPricetext"><strong> $8,350<!-- --> </strong></span><div class="discountBtnPriceDiv"><span>30% off</span></div></div></div></div><div class="pd_top_20"></div><div class="buynow-btn theme_btn_all color_one p-0 reportBuyNowBtn"><div class="theme-btn five m-0 btn btn-primary btn-block buynow-btn" id="buy_now"><i class="icon-shopping-cart"></i> Buy now</div></div><div></div><div class="reportPremiumDetaislDiv"><div class="pd_bottom_10"></div><div><div style="font-size:17px;font-weight:bold;margin-bottom:9px;color:#000">Premium Report Details</div><div class="p-1"><p style="font-size:18px;margin-bottom:5px;color:#000">Base Year: <!-- -->2023</p><div><p style="font-size:18px;margin-bottom:5px;color:#000">Companies covered: <!-- -->15</p><p style="font-size:18px;margin-bottom:5px;color:#000">Tables & Figures:<!-- --> <!-- -->321</p><p style="font-size:18px;margin-bottom:5px;color:#000">Countries covered: <!-- -->17</p></div><p style="font-size:18px;margin-bottom:5px;color:#000">Pages: <!-- -->162</p></div><div style="margin-right:7px !important;cursor:pointer;font-size:17px;text-transform:capitalize;background-color:#B93E02;border-radius:3px;width:98%;height:40px;display:flex;justify-content:center;align-items:center;border:none" class=" req-saml mr_top_5 btn btn-secondary btn-block" id="side_sample"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 512 512" id="side_sample" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path d="M216 0h80c13.3 0 24 10.7 24 24v168h87.7c17.8 0 26.7 21.5 14.1 34.1L269.7 378.3c-7.5 7.5-19.8 7.5-27.3 0L90.1 226.1c-12.6-12.6-3.7-34.1 14.1-34.1H192V24c0-13.3 10.7-24 24-24zm296 376v112c0 13.3-10.7 24-24 24H24c-13.3 0-24-10.7-24-24V376c0-13.3 10.7-24 24-24h146.7l49 49c20.1 20.1 52.5 20.1 72.6 0l49-49H488c13.3 0 24 10.7 24 24zm-124 88c0-11-9-20-20-20s-20 9-20 20 9 20 20 20 20-9 20-20zm64 0c0-11-9-20-20-20s-20 9-20 20 9 20 20 20 20-9 20-20z"></path></svg> <p id="side_sample" style="margin:0px 0px 0px 4px;padding:0px;font-weight:400">Download Free PDF</p></div></div></div></div></div></div><div class="ResponsiveContainerDesk"><div class="row " style="display:none"><div class="price_plan_box style_one p-3" style="border:1px solid #dfdfdf;background-color:#ededef;box-shadow:none;border-radius:0"><div class="pd_bottom_10"></div><div><h6 style="font-size:18px;margin-bottom:9px">Premium Report Details</h6><div class="p-1"><p style="font-size:18px;margin-bottom:5px">Base Year: <!-- -->2023</p><div><p style="font-size:18px;margin-bottom:5px">Companies covered: <!-- -->15</p><p style="font-size:18px;margin-bottom:5px">Tables & Figures:<!-- --> <!-- -->321</p><p style="font-size:18px;margin-bottom:5px">Countries covered: <!-- -->17</p></div><p style="font-size:18px;margin-bottom:5px">Pages: <!-- -->162</p></div><div style="border-radius:3px;cursor:pointer;font-size:17px;text-transform:capitalize;background-color:#B93E02;width:100%;height:40px;display:flex;justify-content:center;align-items:center" class="req-saml theme-btn five mr_top_5 " id="side_sample"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 512 512" id="side_sample" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path d="M216 0h80c13.3 0 24 10.7 24 24v168h87.7c17.8 0 26.7 21.5 14.1 34.1L269.7 378.3c-7.5 7.5-19.8 7.5-27.3 0L90.1 226.1c-12.6-12.6-3.7-34.1 14.1-34.1H192V24c0-13.3 10.7-24 24-24zm296 376v112c0 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Market - By Machine Type, By Automation, By Application, By End Use, By Distribution Channel \u0026 Forecast, 2024 – 2032","url":"sleeving-machines-market","brief_desc":"The global sleeving machines market was valued at around USD 2.9 billion in 2023 and is estimated to grow at a CAGR of around 3.5% from 2024 to 2032. ","full_desc":"\u003ch2\u003eSleeving Machines Market Size\u003c/h2\u003e\r\n\r\n\u003cp\u003eThe global sleeving machines market was valued at around USD 2.9 billion in 2023 and is estimated to grow at a CAGR of around 3.5% from 2024 to 2032. Surge in demand for automated packaging solutions is increasing the demand for automated packaging solutions.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cimg alt=\"Sleeving Machines Market\" src=\"https://cdn.gminsights.com/image/rd/packaging/sleeving-machines-market-2024-2032.webp\" title=\"Sleeving Machines Market Research Report\" /\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eIndustries such as food \u0026amp; beverage, pharmaceuticals, and consumer goods are adopting automation to boost production, lower labor costs, and ensure consistency. Automated packaging systems, like sleeving machines, provide flexibility, accuracy, and can handle high volumes, making them crucial in today\u0026#39;s market. Additionally, automation helps businesses meet strict regulations and consumer preferences for secure, tamper-evident packaging.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eAdditionally, the growing e-commerce sector is further boosting the sleeving machines market by increasing the need for efficient and attractive packaging solutions. As online shopping rises, businesses need versatile sleeving machines to handle various products packaging, improve brand visibility, and manage higher order volumes. Overall, the growth of e-commerce is creating strong demand for advanced sleeving solutions in this market.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cdiv class=\"print-table\"\u003e\u0026nbsp;\u003c/div\u003e\r\n\r\n\u003cp\u003eManufacturers in the sleeving machines market face significant challenges due to regulatory compliance. They must navigate a complex landscape of packaging regulations, which often emphasize safety standards, environmental sustainability, and material usage. As a result, companies are bound to invest in research and development to ensure their products align with legal standards. Failing to comply can result in fines, product recalls, and affect brand reputation. These challenges can complicate production processes and affect the overall presence in the market.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch2\u003eSleeving Machines Market Trends\u003c/h2\u003e\r\n\r\n\u003cp\u003eThe sleeving machines industry is increasingly driven by a growing preference for eco-friendly packaging. In response to consumer demand for sustainability, manufacturers are turning to biodegradable and recyclable sleeves. Innovations in machine development aims to minimize waste during the process, thereby enhancing efficiency. For instance, Sleever International has launched its LDPET sleeve, which is fully recyclable and aligns seamlessly with PET bottle recycling streams. The industry is also embracing energy-efficient technologies, aiming to curtail energy consumption and carbon emissions. Furthermore, the push for sustainable sleeving options is being fueled by stricter packaging waste regulations. In a bid to boost sustainability, companies are engaging in partnerships with suppliers that prioritize eco-friendliness, thus cultivating a greener supply chain. Additionally, advancements in production processes are leading to reduced water consumption and emissions, furthering the industry\u0026#39;s commitment to sustainability.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch2\u003eSleeving Machines Market Analysis\u003c/h2\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"Sleeving Machines Market, By Machine Type, 2021 – 2032, (USD Billion)\" src=\"https://cdn.gminsights.com/image/rd/packaging/sleeving-machines-market-by-machine-type-2024-2032.webp\" title=\"Sleeving Machines Market, By Machine Type, 2021 – 2032, (USD Billion)\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eBased on the machine type, the market can be segmented into shrink sleeve labeling machine, stretch sleeve labeling machine, roll-fed labeling machine and others (heat tunnel machine). The shrink sleeve labeling machine accounted for revenue of around USD 1.41 billion in the year 2023 and expected to reach around USD 1.94 billion by 2032. Shrink sleeve labeling machines lead the market due to their ability to handle various product shapes and sizes. Industries like food and pharmaceuticals benefit from this flexibility. These machines enhance product appearance with full 360-degree branding and ensure safety. They are cost-effective due to efficient material used and automation. Strong bond reduces label problems. Additionally, as consumers prefer eye-catching packaging and sustainable materials improve, the demand for these machines grows.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"Sleeving Machines Market Revenue Share, By Application (2023)\" src=\"https://cdn.gminsights.com/image/rd/packaging/sleeving-machines-market-revenue-share-by-application-2024-2032.webp\" title=\"Sleeving Machines Market Revenue Share, By Application (2023)\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eBased on the application, the market is categorized into manual, semi-automatic and automatic. The semi-automatic application segment held around 62% of the total market share in 2023 and is anticipated to grow at a CAGR of 3.7% during the forecast period. Semi-automatic sleeving machines dominate the market due to their efficiency and cost-effectiveness. Requiring minimal operator input, they are ideally suited for medium-volume production. These machines facilitate swift changeovers and accommodate a variety of products. Such adaptability appeals to businesses aiming to sidestep the steep expenses associated with fully automatic systems. As a result, semi-automatic machines have gained traction across diverse product lines, strengthening their market presence.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"Asia–Pacific Sleeving Machines Market Size, 2021 – 2032, (USD Billion)\" src=\"https://cdn.gminsights.com/image/rd/packaging/asia-pacific-sleeving-machines-market-size-2024-2032.webp\" title=\"Asia–Pacific Sleeving Machines Market Size, 2021 – 2032, (USD Billion)\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eAsia Pacific dominated the sleeving machines market with a market share of around 41.7% in 2023 and anticipated to grow with a CAGR of around 4.3% during forecast period. Rapid industrialization is solidifying the Asia-Pacific region\u0026#39;s dominance. Major economic shifts in countries like China and India are heightening the demand for efficient and reliable packaging solutions across industries, notably in food \u0026amp; beverages and e-commerce. This industrial surge is also propelling the consumer goods sector, with notable emphasis on food and beverage, pharmaceuticals, and cosmetics. As these sectors expand, the importance of advanced packaging technologies escalates, ensuring product quality, safety, and effective branding. The interplay of industrial expansion and rising consumer demand is strengthening the adoption of sleeving machines, encouraging innovation and investment in packaging solutions throughout the region.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eNorth America:\u003c/strong\u003e In terms of the country, the US dominates with an overall market share of around 79.05% in the North America sleeving machine market. Driven by a surging demand for craft beverages and health-centric drinks, the U.S. stands as North America\u0026#39;s dominant market for sleeving machines. These evolving products not only demand innovative and eco-friendly packaging but also packaging solutions that ensure product safety during shipping, especially with the rise of e-commerce. Technological advancements in sleeving machines\u0026mdash;ranging from smart manufacturing and increased speeds to precision, adaptability for diverse bottle shapes, and heightened automation are streamlining operations and reducing costs. Collectively, these elements are shaping a rapidly evolving and dynamic market landscape.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eEurope:\u003c/strong\u003e Europe sleeving machines market accounted market share of around 21.9% in 2023 and anticipated to grow with a CAGR of around 2.8% during forecast period. Industries are increasingly adopting automated solutions to enhance production efficiency and reduce labor costs. Strict regulations regarding packaging and labeling in Europe drive the need for advanced sleeving technologies that ensure compliance with safety and quality standards.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn terms of country, UK dominated the Europe sleeving machine market with a market share of around 23.9% during the 2023.The demand for automation in the UK\u0026#39;s market is growing due to the need for higher productivity and efficiency amid labor shortages. Automated solutions help lower long-term costs, improve quality consistency, and meet strict packaging regulations, further boosting the overall market.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eAsia Pacific:\u003c/strong\u003e The Asia Pacific sleeving machine market accounted with a market share of around 41.7% in 2023 and anticipated to grow with a CAGR of around 4.3% during forecast period. Some of the key drivers of market growth include rapid industrialization, rapidly growing e-commerce sector and consumer goods industries.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn terms of country, China is dominating the Asia Pacific sleeving machine market with a market share of around 33.1% during the 2023. China\u0026#39;s robust manufacturing foundation drives the expansion of the sleeving machines market. As the world\u0026#39;s foremost manufacturing center, China has a high demand for efficient packaging solutions across various industries. With rapid technological progress, Chinese manufacturers are adopting advanced sleeving machines to boost productivity and reduce costs. Continuous improvements in packaging technology attract investments, helping manufacturers meet changing market demands. Consequently, China stands at the forefront of the sleeving machines industry.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch2\u003eSleeving Machines Market Share\u003c/h2\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"Sleeving Machines Market Company Share Analysis (2023)\" src=\"https://cdn.gminsights.com/image/rd/packaging/sleeving-machines-market-company-share-analysis-2024-2032.webp\" title=\"Sleeving Machines Market Company Share Analysis (2023)\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eIn 2023, key companies like CFT Group, General Packaging International, KHS, ProMach and Sidel Group held a combined market share of 30%-35%. These companies are pursuing mergers, acquisitions, facility expansions, and collaborations to strengthen their product portfolios, expand their customer base, and solidify their market positions. Additionally, manufacturers are adopting automated technologies in sleeving machines and opting for eco-friendly packaging materials to increase their market presence.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch2\u003eSleeving Machines Market Companies\u003c/h2\u003e\r\n\r\n\u003cp\u003eMajor companies operating in the sleeving machines industry include:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eAccutek Packaging Companies\u003c/li\u003e\r\n\t\u003cli\u003eAllen Plastic Industries\u003c/li\u003e\r\n\t\u003cli\u003eAmerican Film \u0026amp; Machinery Sleeves\u003c/li\u003e\r\n\t\u003cli\u003eBrothers Pharma Mach India\u003c/li\u003e\r\n\t\u003cli\u003eCFT Group\u003c/li\u003e\r\n\t\u003cli\u003eGeneral Packaging International\u003c/li\u003e\r\n\t\u003cli\u003eGosunm Intelligent Industry\u003c/li\u003e\r\n\t\u003cli\u003eHarikrushna Machines\u003c/li\u003e\r\n\t\u003cli\u003eKHS\u003c/li\u003e\r\n\t\u003cli\u003eKrones\u003c/li\u003e\r\n\t\u003cli\u003ePack Leader USA\u003c/li\u003e\r\n\t\u003cli\u003eProMach\u003c/li\u003e\r\n\t\u003cli\u003eShanghai Procus Industrial\u003c/li\u003e\r\n\t\u003cli\u003eSidel Group\u003c/li\u003e\r\n\t\u003cli\u003eSleeve Technology\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003ch2\u003eSleeving Machines Industry News\u003c/h2\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eIn July 2024, ELITER Packaging Machinery launched its latest automatic sleeving machine, achieving speeds of up to 80 wraps per minute. This machine efficiently applies cardboard sleeves to various packaging containers, specifically designed for multipack and cluster formats.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eIn July 2024, ProMach announced its acquisition of MBF, a leading global manufacturer of bottle-filling and closing machines. This strategic move not only strengthens ProMach\u0026#39;s capabilities in the bottle-filling domain but also marks its second entry into the Italian market this year.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eIn February 2024, Krones finalized a deal to acquire 100% of Netstal Maschinen AG (Netstal) shares, based in Nafels.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eIn February 2023, Sidel bolstered its labeling machine portfolio with the acquisition of Makro Labelling.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003ch3\u003eThe sleeving machines market research report includes in-depth coverage of the industry, \u003cu\u003ewith estimates \u0026amp; forecasts in terms of revenue (USD Billion) (Units) from 2021 to 2032\u003c/u\u003e, for the following segments:\u003c/h3\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eMarket, By Machine Type\u0026nbsp;\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eShrink sleeve labeling machine\u003c/li\u003e\r\n\t\u003cli\u003eStretch sleeve labeling machine\u003c/li\u003e\r\n\t\u003cli\u003eRoll-fed labeling machine\u003c/li\u003e\r\n\t\u003cli\u003eOthers (heat tunnel machine, etc.)\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eMarket, By Automation \u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eManual\u003c/li\u003e\r\n\t\u003cli\u003eSemi-automatic\u003c/li\u003e\r\n\t\u003cli\u003eAutomatic\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eMarket, By Application \u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eBottles\u003c/li\u003e\r\n\t\u003cli\u003eCans\u003c/li\u003e\r\n\t\u003cli\u003eContainers\u003c/li\u003e\r\n\t\u003cli\u003eMulti-packs\u003c/li\u003e\r\n\t\u003cli\u003eOthers\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eMarket, By End Use \u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eFood and beverage\u003c/li\u003e\r\n\t\u003cli\u003ePharmaceuticals\u003c/li\u003e\r\n\t\u003cli\u003eCosmetics and personal care\u003c/li\u003e\r\n\t\u003cli\u003eChemical\u003c/li\u003e\r\n\t\u003cli\u003eOthers (agriculture, electronics, etc.)\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eMarket, By Distribution Channel \u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eDirect\u003c/li\u003e\r\n\t\u003cli\u003eIndirect \u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u003cu\u003eThe above information is provided for the following regions and countries:\u003c/u\u003e\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eNorth America\r\n\t\u003cul style=\"list-style-type:circle\"\u003e\r\n\t\t\u003cli\u003eU.S.\u003c/li\u003e\r\n\t\t\u003cli\u003eCanada\u003c/li\u003e\r\n\t\u003c/ul\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli\u003eEurope\r\n\t\u003cul style=\"list-style-type:circle\"\u003e\r\n\t\t\u003cli\u003eGermany\u003c/li\u003e\r\n\t\t\u003cli\u003eUK\u003c/li\u003e\r\n\t\t\u003cli\u003eFrance\u003c/li\u003e\r\n\t\t\u003cli\u003eItaly\u003c/li\u003e\r\n\t\t\u003cli\u003eSpain\u003c/li\u003e\r\n\t\u003c/ul\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli\u003eAsia Pacific\r\n\t\u003cul style=\"list-style-type:circle\"\u003e\r\n\t\t\u003cli\u003eChina\u003c/li\u003e\r\n\t\t\u003cli\u003eIndia\u003c/li\u003e\r\n\t\t\u003cli\u003eJapan\u003c/li\u003e\r\n\t\t\u003cli\u003eAustralia\u003c/li\u003e\r\n\t\t\u003cli\u003eSouth Korea\u0026nbsp;\u003c/li\u003e\r\n\t\u003c/ul\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli\u003eLatin America\r\n\t\u003cul style=\"list-style-type:circle\"\u003e\r\n\t\t\u003cli\u003eBrazil\u003c/li\u003e\r\n\t\t\u003cli\u003eMexico\u003c/li\u003e\r\n\t\u003c/ul\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli\u003eMEA\r\n\t\u003cul style=\"list-style-type:circle\"\u003e\r\n\t\t\u003cli\u003eSaudi Arabia\u003c/li\u003e\r\n\t\t\u003cli\u003eUAE\u003c/li\u003e\r\n\t\t\u003cli\u003eSouth Africa\u003c/li\u003e\r\n\t\u003c/ul\u003e\r\n\t\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n","manager_name":"Kiran Pulidindi","author_name":"Kunal Ahuja","no_of_pages":162,"category_id":"91,1","modification_date":"","meta_title":"Sleeving Machines Market Size, Share, Trend \u0026 Forecast – 2032","meta_keywords":"Sleeving Machines Market - Global Sleeving Machines Industry Size, Share, Price, Growth Trends, Applications, Potential, Technology, Forecast, Competitive Analysis, PDF Report, COVID-19 Impact Analysis","meta_description":"The sleeving machines market size was valued at USD 2.9 billion in 2023 and is anticipated to register a CAGR of over 3.5% from 2024 to 2032 driven by surge in demand for automated packaging solutions.","body":"body1","historical_data":"2021 – 2023","forecast_period":"2024 – 2032","pitfalls_challenges":" \u003cul\u003e\u003cli\u003eCompliance with stringent regulations\u003c/li\u003e\u003c/ul\u003e","segments":"Machine Type, Automation, Application, End Use, Distribution Channel, Region","growth_drivers":" \u003cul\u003e\u003cli\u003eSurge in demand for automated packaging solutions\u003c/li\u003e \u003cli\u003eGrowing e-commerce sector\u003c/li\u003e\u003c/ul\u003e","forecast_period_CAGR":"3.5","size_in_base_year":"USD 2.9 Billion","year_value_projection":"USD 4 Billion","dispatch":"","is_index":"YES","base_year":"2023","tables_count":321,"chart_or_fig_count":0,"companies_count":15,"countries_count":17,"price_sul":"4,850","price_el":"6,050","price_cul":"8,350","publish_date":"September 2024","market_share":"\u003ch2\u003eSleeving Machines Market Share\u003c/h2\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"Sleeving Machines Market Company Share Analysis (2023)\" src=\"https://cdn.gminsights.com/image/rd/packaging/sleeving-machines-market-company-share-analysis-2024-2032.webp\" title=\"Sleeving Machines Market Company Share Analysis (2023)\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eIn 2023, key companies like CFT Group, General Packaging International, KHS, ProMach and Sidel Group held a combined market share of 30%-35%. These companies are pursuing mergers, acquisitions, facility expansions, and collaborations to strengthen their product portfolios, expand their customer base, and solidify their market positions. Additionally, manufacturers are adopting automated technologies in sleeving machines and opting for eco-friendly packaging materials to increase their market presence.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch2\u003eSleeving Machines Market Companies\u003c/h2\u003e\r\n\r\n\u003cp\u003eMajor companies operating in the sleeving machines industry include:\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eAccutek Packaging Companies\u003c/li\u003e\r\n\t\u003cli\u003eAllen Plastic Industries\u003c/li\u003e\r\n\t\u003cli\u003eAmerican Film \u0026amp; Machinery Sleeves\u003c/li\u003e\r\n\t\u003cli\u003eBrothers Pharma Mach India\u003c/li\u003e\r\n\t\u003cli\u003eCFT Group\u003c/li\u003e\r\n\t\u003cli\u003eGeneral Packaging International\u003c/li\u003e\r\n\t\u003cli\u003eGosunm Intelligent Industry\u003c/li\u003e\r\n\t\u003cli\u003eHarikrushna Machines\u003c/li\u003e\r\n\t\u003cli\u003eKHS\u003c/li\u003e\r\n\t\u003cli\u003eKrones\u003c/li\u003e\r\n\t\u003cli\u003ePack Leader USA\u003c/li\u003e\r\n\t\u003cli\u003eProMach\u003c/li\u003e\r\n\t\u003cli\u003eShanghai Procus Industrial\u003c/li\u003e\r\n\t\u003cli\u003eSidel Group\u003c/li\u003e\r\n\t\u003cli\u003eSleeve Technology\u003c/li\u003e\r\n\u003c/ul\u003e\r\n","market_size":"\u003ch2\u003eSleeving Machines Market Size\u003c/h2\u003e\r\n\r\n\u003cp\u003eThe global sleeving machines market was valued at around USD 2.9 billion in 2023 and is estimated to grow at a CAGR of around 3.5% from 2024 to 2032. Surge in demand for automated packaging solutions is increasing the demand for automated packaging solutions.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"Sleeving Machines Market\" src=\"https://cdn.gminsights.com/image/rd/packaging/sleeving-machines-market-2024-2032.webp\" title=\"Sleeving Machines Market Research Report\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eIndustries such as food \u0026amp; beverage, pharmaceuticals, and consumer goods are adopting automation to boost production, lower labor costs, and ensure consistency. Automated packaging systems, like sleeving machines, provide flexibility, accuracy, and can handle high volumes, making them crucial in today\u0026#39;s market. Additionally, automation helps businesses meet strict regulations and consumer preferences for secure, tamper-evident packaging.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eAdditionally, the growing e-commerce sector is further boosting the sleeving machines market by increasing the need for efficient and attractive packaging solutions. As online shopping rises, businesses need versatile sleeving machines to handle various products packaging, improve brand visibility, and manage higher order volumes. Overall, the growth of e-commerce is creating strong demand for advanced sleeving solutions in this market.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cdiv class=\"print-table\"\u003e\u0026nbsp;\u003c/div\u003e\r\n\r\n\u003cp\u003eManufacturers in the sleeving machines market face significant challenges due to regulatory compliance. They must navigate a complex landscape of packaging regulations, which often emphasize safety standards, environmental sustainability, and material usage. As a result, companies are bound to invest in research and development to ensure their products align with legal standards. Failing to comply can result in fines, product recalls, and affect brand reputation. These challenges can complicate production processes and affect the overall presence in the market.\u003c/p\u003e\r\n","market_analysis":"\u003ch2\u003eSleeving Machines Market Analysis\u003c/h2\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"Sleeving Machines Market, By Machine Type, 2021 – 2032, (USD Billion)\" src=\"https://cdn.gminsights.com/image/rd/packaging/sleeving-machines-market-by-machine-type-2024-2032.webp\" title=\"Sleeving Machines Market, By Machine Type, 2021 – 2032, (USD Billion)\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eBased on the machine type, the market can be segmented into shrink sleeve labeling machine, stretch sleeve labeling machine, roll-fed labeling machine and others (heat tunnel machine). The shrink sleeve labeling machine accounted for revenue of around USD 1.41 billion in the year 2023 and expected to reach around USD 1.94 billion by 2032. Shrink sleeve labeling machines lead the market due to their ability to handle various product shapes and sizes. Industries like food and pharmaceuticals benefit from this flexibility. These machines enhance product appearance with full 360-degree branding and ensure safety. They are cost-effective due to efficient material used and automation. Strong bond reduces label problems. Additionally, as consumers prefer eye-catching packaging and sustainable materials improve, the demand for these machines grows.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"Sleeving Machines Market Revenue Share, By Application (2023)\" src=\"https://cdn.gminsights.com/image/rd/packaging/sleeving-machines-market-revenue-share-by-application-2024-2032.webp\" title=\"Sleeving Machines Market Revenue Share, By Application (2023)\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eBased on the application, the market is categorized into manual, semi-automatic and automatic. The semi-automatic application segment held around 62% of the total market share in 2023 and is anticipated to grow at a CAGR of 3.7% during the forecast period. Semi-automatic sleeving machines dominate the market due to their efficiency and cost-effectiveness. Requiring minimal operator input, they are ideally suited for medium-volume production. These machines facilitate swift changeovers and accommodate a variety of products. Such adaptability appeals to businesses aiming to sidestep the steep expenses associated with fully automatic systems. As a result, semi-automatic machines have gained traction across diverse product lines, strengthening their market presence.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"Asia–Pacific Sleeving Machines Market Size, 2021 – 2032, (USD Billion)\" src=\"https://cdn.gminsights.com/image/rd/packaging/asia-pacific-sleeving-machines-market-size-2024-2032.webp\" title=\"Asia–Pacific Sleeving Machines Market Size, 2021 – 2032, (USD Billion)\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eAsia Pacific dominated the sleeving machines market with a market share of around 41.7% in 2023 and anticipated to grow with a CAGR of around 4.3% during forecast period. Rapid industrialization is solidifying the Asia-Pacific region\u0026#39;s dominance. Major economic shifts in countries like China and India are heightening the demand for efficient and reliable packaging solutions across industries, notably in food \u0026amp; beverages and e-commerce. This industrial surge is also propelling the consumer goods sector, with notable emphasis on food and beverage, pharmaceuticals, and cosmetics. As these sectors expand, the importance of advanced packaging technologies escalates, ensuring product quality, safety, and effective branding. The interplay of industrial expansion and rising consumer demand is strengthening the adoption of sleeving machines, encouraging innovation and investment in packaging solutions throughout the region.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eNorth America:\u003c/strong\u003e In terms of the country, the US dominates with an overall market share of around 79.05% in the North America sleeving machine market. Driven by a surging demand for craft beverages and health-centric drinks, the U.S. stands as North America\u0026#39;s dominant market for sleeving machines. These evolving products not only demand innovative and eco-friendly packaging but also packaging solutions that ensure product safety during shipping, especially with the rise of e-commerce. Technological advancements in sleeving machines\u0026mdash;ranging from smart manufacturing and increased speeds to precision, adaptability for diverse bottle shapes, and heightened automation are streamlining operations and reducing costs. Collectively, these elements are shaping a rapidly evolving and dynamic market landscape.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eEurope:\u003c/strong\u003e Europe sleeving machines market accounted market share of around 21.9% in 2023 and anticipated to grow with a CAGR of around 2.8% during forecast period. Industries are increasingly adopting automated solutions to enhance production efficiency and reduce labor costs. Strict regulations regarding packaging and labeling in Europe drive the need for advanced sleeving technologies that ensure compliance with safety and quality standards.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn terms of country, UK dominated the Europe sleeving machine market with a market share of around 23.9% during the 2023.The demand for automation in the UK\u0026#39;s market is growing due to the need for higher productivity and efficiency amid labor shortages. Automated solutions help lower long-term costs, improve quality consistency, and meet strict packaging regulations, further boosting the overall market.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eAsia Pacific:\u003c/strong\u003e The Asia Pacific sleeving machine market accounted with a market share of around 41.7% in 2023 and anticipated to grow with a CAGR of around 4.3% during forecast period. Some of the key drivers of market growth include rapid industrialization, rapidly growing e-commerce sector and consumer goods industries.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp\u003eIn terms of country, China is dominating the Asia Pacific sleeving machine market with a market share of around 33.1% during the 2023. China\u0026#39;s robust manufacturing foundation drives the expansion of the sleeving machines market. As the world\u0026#39;s foremost manufacturing center, China has a high demand for efficient packaging solutions across various industries. With rapid technological progress, Chinese manufacturers are adopting advanced sleeving machines to boost productivity and reduce costs. Continuous improvements in packaging technology attract investments, helping manufacturers meet changing market demands. Consequently, China stands at the forefront of the sleeving machines industry.\u003c/p\u003e\r\n","market_trends":"\u003ch2\u003eSleeving Machines Market Trends\u003c/h2\u003e\r\n\r\n\u003cp\u003eThe sleeving machines industry is increasingly driven by a growing preference for eco-friendly packaging. In response to consumer demand for sustainability, manufacturers are turning to biodegradable and recyclable sleeves. Innovations in machine development aims to minimize waste during the process, thereby enhancing efficiency. For instance, Sleever International has launched its LDPET sleeve, which is fully recyclable and aligns seamlessly with PET bottle recycling streams. The industry is also embracing energy-efficient technologies, aiming to curtail energy consumption and carbon emissions. Furthermore, the push for sustainable sleeving options is being fueled by stricter packaging waste regulations. In a bid to boost sustainability, companies are engaging in partnerships with suppliers that prioritize eco-friendliness, thus cultivating a greener supply chain. Additionally, advancements in production processes are leading to reduced water consumption and emissions, furthering the industry\u0026#39;s commitment to sustainability.\u003c/p\u003e\r\n","mod_date":"2024-09-25T00:00:00.000Z","offer_single_price":"4,123","offer_multi_price":"4,840","offer_enter_price":"5,845","canicoal":"https://www.gminsights.com/industry-analysis/sleeving-machines-market"}],"meta_tags":[{"language":"en","url":"sleeving-machines-market"},{"language":"de","url":"sleeving-machines-market"},{"language":"es","url":"sleeving-machines-market"},{"language":"fr","url":"sleeving-machines-market"},{"language":"it","url":"sleeving-machines-market"},{"language":"ja","url":"sleeving-machines-market"},{"language":"ko","url":"sleeving-machines-market"},{"language":"zh","url":"sleeving-machines-market"},{"language":"ar","url":"sleeving-machines-market"}],"formfield":["email"]},"success":"True","bread_Store_Arr":[{"main_name":"Packaging","main_url":"packaging"},{"L1":"Packaging Materials","L1_url":"packaging-materials"}],"category_id":"91,1","ipCountry":{"name":"Hong Kong","flag":"🇭🇰","code":"HK","dial_code":"+852"},"meta_tags":[{"language":"en","url":"sleeving-machines-market"},{"language":"de","url":"sleeving-machines-market"},{"language":"es","url":"sleeving-machines-market"},{"language":"fr","url":"sleeving-machines-market"},{"language":"it","url":"sleeving-machines-market"},{"language":"ja","url":"sleeving-machines-market"},{"language":"ko","url":"sleeving-machines-market"},{"language":"zh","url":"sleeving-machines-market"},{"language":"ar","url":"sleeving-machines-market"}],"breadcrumbSchema":{"@context":"http://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@type":"WebPage","@id":"https://www.gminsights.com/","name":"Home"}},{"@type":"ListItem","position":2,"item":{"@type":"WebPage","@id":"https://www.gminsights.com/packaging","name":"Packaging"}},{"@type":"ListItem","position":3,"item":{"@type":"WebPage","@id":"https://www.gminsights.com/packaging-materials/91","name":"Packaging Materials"}},{"@type":"ListItem","position":4,"item":{"@type":"WebPage","@id":"https://www.gminsights.com/industry-analysis/sleeving-machines-market","name":"Sleeving Machines Market"}}]},"faqschema":[{"id":11563,"question":"Who are the major players in the sleeving machines industry?","answer":"Key companies in the market include Accutek Packaging Companies, Allen Plastic Industries, American Film \u0026 Machinery Sleeves, Brothers Pharma Mach India, CFT Group, General Packaging International, Gosunm Intelligent Industry, Harikrushna Machines, KHS, Krones, Pack Leader USA, ProMach, Shanghai Procus Industrial, Sidel Group, and Sleeve Technology."},{"id":11563,"question":"Which region dominates the sleeving machines market?","answer":"Asia Pacific led the sleeving machines industry in 2023 with a market share of approximately 41.7% and is expected to grow at a CAGR of around 4.3% over 2024-2032. Rapid industrialization in countries like China and India is driving this dominance."},{"id":11563,"question":"What is the size of the sleeving machines market?","answer":"The market size for sleeving machines was valued at approximately USD 2.9 billion in 2023 and is projected to grow at a CAGR of around 3.5% from 2024 to 2032, driven by the increasing demand for automated packaging solutions, especially in industries such as food \u0026 beverages, pharmaceuticals, and consumer goods. "},{"id":11563,"question":"What is the market share of semi-automatic sleeving machines?","answer":"Semi-automatic sleeving machines held around 62% of the total market share in 2023 and are projected to grow at a CAGR of 3.7% during the forecast period. These machines are popular due to their efficiency, minimal operator input, and cost-effectiveness."}]},"__N_SSP":true},"page":"/industry-analysis/[report_view]","query":{"report_view":"sleeving-machines-market"},"buildId":"gMjKCLn5exlmiiUGJRRJK","isFallback":false,"dynamicIds":[57719,34916,72828,46938,64668,66033,16942,25157,77870,40208,71982,74718,56924,78385,7983,7446],"gssp":true,"scriptLoader":[]}</script></body></html>