Introduction

Shrink sleeve labels enable consumers to be captivated by the lifelike shapes, designs, colors and textures of product containers, creating a desire to buy. More and more brands are looking to use shrink wrap labels on their product packaging and share their brand story with consumers.

Origin of Shrink Sleeve Labels

Where did shrink sleeve labels first begin? Actually, shrink sleeve label first appeared in Japan, or to be more precise, in Fujio Canpentry store. In the 1960s, shrink sleeve labels were created to provide tamper-evident function for sake packaging when it was changed from wooden barrels to glass bottles. Then, Fuji Seal (formerly Fujio Carpentry stores) manufactured shrink sleeve labels for sake bottles. With the changes in market demand, shrink sleeve label is also constantly developing.

Development of Shrink Sleeve Labels

In recent years, shrink sleeve labels are more and more widely used in different industries. In addition, with the rapid development of digital printing technology, medium- and narrow-format printing equipment has been gradually integrated into the production of shrink sleeve label. At the same time, the significant progresses in flexographic printing, UV ink, LED UV ink printing and digital printing technology also help to improve the quality and visual effect of shrink sleeve labels, making it now an ideal choice for the packaging labels for various products.

Looking ahead, the prospects for the shrink sleeve label industry are extremely promising. And, more and more customers will tend to shrink sleeve labels. So, in the shrink sleeve labels industry, which companies are at the forefront of shrink sleeve label technology? Here listed the most famous and reliable shrink sleeve label manufacturer in the world.

World TOP10 Shrink Sleeve Label Manufacturers in 2024

According to latest research, the global market sales of shrink sleeve labels reached $54.7 billion in 2023 and is expected to reach $76.0 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 4.7% (2024-2030.

The global major manufacturers of shrink sleeve labels are Fuji Seal, CCL Industries, and Multi-Color, etc., and the top three global manufacturers hold a total market share of about 19%. The global production is mainly located in North America, Europe, China, Japan and Latin America. In terms of product type, PVC is the largest segment with a share of about 48%, while in terms of downstream, food & beverage is the largest downstream segment with a share of about 82%.

Now, let’s take a look at world TOP 10 shrink sleeve label manufacturers.

Fuji Seal International

• Founded: 1897;
• Headquarters: Japan;

As mentioned above, shrink sleeve labels were first produced by Fuji Seal in Japan. Even today, Fuji Seal remains the leader in the market of shrink sleeve label.

Fuji Seal International keeps continuous innovation in printing technology to ensure high resolution, high-definition printing, making shrink sleeve labels more beautiful and rich in detail. At the same time, they continue to develop new heat-shrinkable film materials with functional features to meet the needs of different product packaging, such as high barrier, high temperature resistance, chemical resistance, etc.

It is also worth mentioning that Fuji Seal is committed to the application of environmentally friendly materials and has developed biodegradable and recyclable heat-shrinkable film materials to contribute to environmentally friendly packaging.

Fuji Seal has a high market share in the global shrink sleeve label market, and its products and services are recognized and trusted by customers worldwide. And, they actively participate in the development of industry standards to promote the healthy development of shrink sleeve label industry, and have established a brand image as a technological leader in this field, becoming a trusted partner in shrink sleeve label industry.

• Fuji Seal Official Website: https://www.fujiseal.com/en/
• About Fuji Seal: https://www.fujiseal.com/en/about/
• Fuji Seal Shrink Sleeve Labels: https://www.fujiseal.com/en/product/shrink.html
• Fuji Seal Sustainability: https://www.fujiseal.com/en/csr/

CCL Industries

• Founded: 1951
• Headquarters: Ontario, Canada
• Subsidiaries: Checkpoint Systems, Innovia Films, Avery Products Corporation, CCL Label, CCL Label GmbH, CCL Label, Inc., CCL Design GmbH, CCL Design UK, CCL Industries do Brasil S.A., Adelbras Industria E Comercio De Adesivos Ltda, CCL Label Limited, TubeDec LLC, etc.

Label Division, the largest business segment of CCL Industries, is dedicated to providing high-quality package decoration solutions and professional label application services to customers worldwide. Its major products include WashOff, RIFD labels, shrink sleeve labels and more.

CCL Label Decorative Sleeves is a British company founded in 1979 that specializes in the production of heat shrinkable tubing for a variety of applications including food, beers, beverage, wines, dairy products, household products, cosmetics, etc. CCL Label Decorative Sleeves have a wealth of experience and technical strengths, including advanced rotogravure and flexographic printing technology, to produce high quality, color saturated and abrasion resistant shrink sleeve labels for various industries.

The original name of CCL Label Decorative Sleeves was Decorative Sleeves. The it acquired its main UK competitor, Smurfit Labels, in 1998. And in 2000, it was acquired by Illinois Tool Works Inc. In 2007, CCL Industries acquired Decorative Sleeves and took it as part of its labeling division. Through continued development, CCL Label Decorative Sleeves has become a globally recognized manufacturer of shrink sleeve labels, providing branding and security solutions for a wide range of products.

• CCL Industries Official Website: https://cclind.com/
• About CCL Industries: https://cclind.com/our-company/profile-and-quick-facts/
• Label Division of CCL Industries: https://ccllabel.com/
• CCL Industires Sustainability: https://cclind.com/sustainability/

Multi Color Corporation (MCC)

• Founded: 1916;
• Headquarters: Indianapolis, Indiana, USA;

Multi-Color Corporation is a global leader in labeling solutions, providing a comprehensive range of the latest labeling technologies to international brand owners in North America, Latin America, EMEA (Europe, Middle East, and Africa), and Asia-Pacific. These brands include leading producers of home and personal care, wines and spirits, food and beverages, healthcare, and specialty consumer products.

Multi-color’s labeling business encompasses a wide range of labels, including pressure-sensitive labels, die-cut labels, in-mold labels, shrink sleeve labels, thermal transfer labels, web labels, and more. With advanced manufacturing technology and equipment, Multi-color is particularly well versed in the field of shrink sleeve labels and boast strong capacity to provide customers with high-quality, high-performance, customized shrink sleeve labels that are used in a variety of industries, including food, beverage, personal care, home care and more.

• Multi-color Official Website: https://www.mcclabel.com/en
• About Multi-color: https://www.mcclabel.com/en/about
• Shrink Sleeve of Multi-color: https://www.mcclabel.com/en/label-solutions?active-tab=shrink-stretch-sleeve#navTabs
• Multi-color Sustainability: https://www.mcclabel.com/en/sustainability

Klöckner Pentaplast Group (KP)

• Founded: 1965;
• Headquarters: Luxembourg;
• Subsidiaries: Klockner Pentaplast of America, Inc., LINPAC Senior Holdings Limited, Klöckner Pentaplast Ltd., Aerni-Leuch Ag, Pentaplast, Unipessoal, Lda, etc.

Klöckner Pentaplast, also known as KP, is a global manufacturer of plastic packaging products. With headquarters in Luxembourg and offices in London, UK, Montabaur, Germany and Gordonsville, Virginia, USA, KP operates 31 factory plants in 18 countries.

KP has made significant achievements in the field of heat shrink labeling, becoming a leader in the packaging industry with its innovative technologies and shrink sleeve products. Their Pentalabel brand offers a wide range of shrink film labels, including recyclable SmartCycle® and SmartCycle® Pro shrink film labels, as well as eklipse® matte shrink film labels and kpEnhance® LFM matte shrink film labels, which offer superior print performance.

KP provides efficient, aesthetically pleasing, high-quality, reliable, effective, and sustainable packaging solutions for a variety of industries, including beverage, dairy, food, health and beauty, household products and more. Its heat shrink sleeves also meet the customization needs of different customers in terms of materials, features and sizes.

• Klockner Pentaplast Official Website: https://www.kpfilms.com/en/
• About Klockner Pentaplast: https://www.kpfilms.com/en/about-us/
• Shrink Sleeve of Klockner Pentaplast: https://www.kpfilms.com/en/labels/shrink-sleeves/
• Klockner Pentaplast Sustainability: https://www.kpfilms.com/en/sustainability/

Yinjinda (Henan Yinjinda Holding Group Co., Ltd. )

• Founded: 1994;
• Headquarters: Xinxiang City, Henan Province, China;

Henan Yinjinda Holding Group Co., Ltd, founded in 1994, is located in Xinxiang City, Henan Province, China. Through nearly 30 years of unremitting efforts, Yinjinda has developed from a small color printing factory into a modern high-tech enterprise.

The market share of its leading products, PETG series products, ranks first in China and top three in the world. Yinjinda has reached a stable strategic partnership with Coca-Cola, Danone, Procter & Gamble, Wahaha, Mengniu, Keshun and other famous enterprises at home and abroad. Its products are sold to more than 60 countries and regions.

Yinjinda’s main product is a functional polyester film material called PET-G. PET-G is a material with the same properties as the bottle, and can be recovered and recycled together with the bottle. With up to 80% shrinkage, PET-G film can fit a wide range of bottles more perfectly, and white PET-G film, which is specifically used for dairy bottle labels, can also minimize the damage caused by ultraviolet light on the quality of dairy products.

• Yinjinda Official Website: https://www.yjdfilm.cn/
• About Yinjinda: https://www.yjdfilm.cn/about/Company-Profile
• Shrink Sleeve of Yinjinda: https://www.yjdfilm.cn/products/PETG-SHRINK-FILM
• Yinjinda Sustainability: https://www.yjdfilm.cn/responsibility/concept

Huhtamäki

• Founded: 1920;
• Headquarters: Espoo, Finland;
• Subsidiaries: Huhtamaki Americas, Inc., Elif Holding A.S., Huhtamaki Australia Pty Limited, CupPrint Ltd., Huhtamaki Tailored Packaging Pty Ltd, Huhtavefa BV, Huhtamaki (Uk) Ltd, Delta Packaging Co Ltd., etc.

Huhtamäki is a global food packaging specialist. Its diverse product range includes paper and plastic disposable tableware for fast food restaurants, coffee shops, retail stores, food service providers and vending machine operators, like cups, plates and containers. It also provides flexible packaging and labeling for food and beverages, pet food, pharmaceutical, household and hygiene brands.

As part of Huhtamäki’s labeling business, Huhtamäki’s shrink wrap labels are available with a wide range of special printing effects, such as matte, metallic, hot and cold foil stamping, tactile effects, and registered holograms, as well as unique textures, such as embossed labels and special coatings. There are also promotional shrink film labels available, such as special perforations, back printing, unique random codes or variable designs, and more.

• Huhtamäki Official Website: https://www.huhtamaki.com/en/
• About Huhtamäki: https://www.huhtamaki.com/en/about/
• Shrink Sleeve of Huhtamäki: https://www.huhtamaki.com/en-in/flexible-packaging/our-portfolio/labels/shrink-sleeves/
• Huhtamäki Sustainability: https://www.huhtamaki.com/en/sustainability/

Clondalkin Group

• Founded: 1965;
• Headquarters: Netherlands;
• Subsidiaries: Clondalkin Industries Limited, Clondalkin Group, Inc., Wentus GmbH, Vaassen Flexible Packaging BV, Clondalkin Industries B.V., etc.

The Clondalkin Group is an international producer of packaging products and services with production sites throughout Europe and North America. Clondalkin has 11 production sites in the Netherlands, Germany, Switzerland, the United Kingdom and the United States, supplying products to more than 45 countries worldwide.

Clondalkin Group operates in a wide range of businesses, including paper packaging, plastic packaging, labeling, and more. They provide packaging solutions for a variety of industries including food, beverage, pharmaceuticals, cosmetics, industrial products and more.

Clondalkin Group is a market leader in shrink and stretch film and is committed to providing customers with high quality, innovative and sustainable heat shrink film labeling solutions for customers.

• Clondalkin Group Official Website: https://clondalkingroup.com/
• About Clondalkin Group: https://clondalkingroup.com/about-us/

Brook + Whittle

• Founded: 1995;
• Headquarters: Guilford, Connecticut, USA;

As one of North America’s leading manufacturers of pressure-sensitive labels, shrink sleeves, flexible packaging, and heat transfer labels, Brook + Whittle is committed to promoting sustainable products and helping customers choose the solutions that best fit their current needs.

Brook + Whittle is a specialist in shrink sleeve labelling and offer a huge variety of solutions including shrink sleeve labels, tamper evident neckbands and multipack sleeves. They are committed to sustainability and introduce recyclable and biodegradable shrink labels, recyclable blackout shrink sleeves to minimize the impact on the environment.

In addition, Brook + Whittle offer a wide range of materia options and customization services, including special decorations, varnishes, perforations, back printing, random codes, variable designs and more.

• Brook & Whittle Website: https://brookandwhittle.com/
• About Brook & Whittle: https://brookandwhittle.com/about-brook-and-whittle/
• Shrink Sleeve of Brook & Whittle: https://brookandwhittle.com/labels-packaging/shrink-sleeves/
• Brook & Whittle Sustainability: https://brookandwhittle.com/sustainability/

WestRock

• Founded: 2015;
• Headquarters: Sandy Springs, Georgia, USA;
• Subsidiaries: Westrock, Celulose, Papel E Embalagens Ltda, Kapstone, Gondi, S. de R.L de C.V., WestRock CP, LLC, Westrock India Private Limited, Multi Packaging Solutions International Limited, etc.

WestRock, an American corrugated packaging company, is one of the world’s largest paper and packaging companies. WestRock was formed through the merger of MeadWestvaco and RockTenn, and is the second largest packaging company in the United States, with more than 300 locations in more than 30 countries.

• WestRock Website: https://www.westrock.com/
• About WestRock: https://www.westrock.com/company
• Shrink Sleeve of WestRock: https://www.westrock.com/products/specialty-printing-and-packaging/labels
• WestRock Sustainability: https://www.westrock.com/sustainability

Jinghong (Jiangsu Jinghong New Material Co., Ltd)

• Founded: 2001;
• Headquarters: Jiangsu Province, China;

Jiangsu Jinghong New Material Technology Co., Ltd. has an annual production capacity of 5,000 tons of PETG granules, 5,000 tons of PETG uni-directional/bi-directional shrink film, 4,000 tons of APET blister sheet, 30 million square meters of power lithium-ion battery separator, and 15 billion PVC/PET heat-shrinkable battery labels.

Its main business includes PETG granules for blown and drawn shrink film, PETG longitudinal shrink film, PETG transverse shrink film, PETG bi-directional shrink film, printed shrink film labels and more.

• Jinghong Website: http://www.jinghong-cn.com/
• Shrink Sleeve of Jinghong: http://www.jinghong-cn.com/en/index.php?c=product&cid=3

Conclusion

With the further recognition of shrink sleeve label technology in the market and the continuous innovation and development of shrink sleeve label manufacturers, more and more brand owners in different industries are beginning to choose shrink sleeve label as the packgaing labels.