The rising demand for accurate, high-speed, and simple labeling solutions, is expected to drive market expansion in the near future at a CAGR of 3.60% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published a cooked research report on the “Global Sleeving Machines Market” that contains information from 2018 to 2032. The sleeving machines market is estimated to register a CAGR of 3.60% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global sleeving machines market— Krones AG, Fujiseal International, Finpac Group, Pack Leader Machinery Inc., Sleever International, Tripack Group, Axon Corporation, USLUGA SHPK, Label-Aire Corporation, and Benison Group

Sleeving Machines Market Highlights

The global sleeving machines market is accounted to register a CAGR of 3.60% during the forecast period and is estimated to reach USD 4.3 Billion by 2032.

Sleeving machines print, dispense, and apply labels on packaging containers made of different materials, including glass, plastic, and aluminium. These tools are also used to obtain and apply labels to point-of-sale, display, and transportation packs. Labels are employed to market, adorn, or provide consumers with important information regarding the product or brand. They are also used to differentiate products in order to maintain branding and exposure in the retail setting. Customers want a wider selection of goods with greater product diversity. As a result, there are now more things being manufactured and sold, which has raised the complexity of production. To address these issues, producers of consumer goods are increasingly looking for versatile sleeving equipment that can handle a range of materials and take into account varied technologies.

Segment Analysis

The global sleeving machines market has been segmented based Automation, Machine Type, and End Use.

On the basis of automation, the market is segmented into automatic, semi-automatic, and manual. Automatic segment dominated the global market in 2022. With a population of over 9 billion people, the businesses in the packaging sector require automation and equipment to complete the task fast while maintaining quality.

Based on machine type, the global sleeving machines market has been segmented into shrink sleeve labeling machine, stretch sleeve labeling machine, roll-fed labeling machine, tamper-evident banding machine, and heat tunnel machine. In 2022, the category of shrink sleeve labelling machines led the worldwide sleeving machines market. Shrink sleeve labelling machines provide full-body branding, which maximises brand visibility and marketing.

Based on end use, the global sleeving machines market has been segmented into food & beverages, pharmaceuticals, cosmetics & personal care, chemicals, automotive, and other industrial. Food & beverages segment dominated the global market in 2022. The population is growing, disposable income is increasing, and there is a global trend towards the consumption of health beverages, all of which are factors that are boosting the production of beverage items. It is anticipated that this would raise demand for labelling machinery.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Sleeving Machines Market Research Report

Regional Analysis

The global sleeving machines market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Sleeving Machines market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Sleeving Machines market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Sleeving Machines market comprises of Middle East, Africa, and Latin America.

The largest market share for sleeving machines was maintained by the North American regional sector. The adoption of standards and regulations pertaining to labelling, serialisation, and tracing, along with the expanding e-commerce business, particularly in the U.S., are further anticipated to have a beneficial effect on the expansion of the regional market. For instance, laws like the Drug Quality and Security Act and the Fair Packaging and Labelling Act, among others, are likely to fuel market expansion.

Moreover, the Europe market has been persistently growing over the forecast period. Over the projection period, there will be an increase in the demand for functional food and beverage items as well as increased spending on pharmaceutical and healthcare products.

Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. Multiple factors, such as the presence of multiple emerging economies like China and India, rising disposable income, an expanding population, and growing food and beverage sectors all have an impact on the need for labelling machines in the local market.

Furthermore, the rest of the world's sleeving machines market is divided into the Middle East, Africa, and Latin America. The food and beverage industry has been a key driver for the sleeving machines market in the LAMEA region. The demand for packaged food and beverages, including bottled water, soft drinks, dairy products, and ready-to-eat meals, has been on the rise. Sleeving machines play a crucial role in providing attractive and informative labeling solutions for these products, helping brands differentiate themselves and attract consumers.

Key Findings of the Study

• The global sleeving machines market is expected to reach USD 4.3 Billion by 2032, at a CAGR of 3.60% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due presence of multiple emerging economies like China and India, rising disposable income, an expanding population, and growing food and beverage sectors.


• Based on type, the shrink sleeve labeling machine segment was attributed to holding the largest market in 2022.


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