Sleeving Machines Market - By Machine Type, By Automation, By Application, By End Use, By Distribution Channel & Forecast, 2024 – 2032

Sleeving Machines Market Size

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. Surge in demand for automated packaging solutions is increasing the demand for automated packaging solutions.
 

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.
 

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.
 

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.
 

Sleeving Machines Market Trends

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.
 

Sleeving Machines Market Analysis

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.

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.
 

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.
 

North America: 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.
 

Europe: 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.
 

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.
 

Asia Pacific: 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.
 

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.
 

Sleeving Machines Market Share

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.
 

Sleeving Machines Market Companies

Major companies operating in the sleeving machines industry 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
• Sleeve Technology
   

Sleeving Machines Industry News

• 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.
   
• 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.
   
• In February 2024, Krones finalized a deal to acquire 100% of Netstal Maschinen AG (Netstal) shares, based in Nafels.
   
• In February 2023, Sidel bolstered its labeling machine portfolio with the acquisition of Makro Labelling.
   

The sleeving machines market research report includes in-depth coverage of the industry, with estimates & forecasts in terms of revenue (USD Billion) (Units) from 2021 to 2032, for the following segments:

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Market, By Machine Type 

• Shrink sleeve labeling machine
• Stretch sleeve labeling machine
• Roll-fed labeling machine
• Others (heat tunnel machine, etc.)

Market, By Automation

• Manual
• Semi-automatic
• Automatic

Market, By Application

• Bottles
• Cans
• Containers
• Multi-packs
• Others

Market, By End Use

• Food and beverage
• Pharmaceuticals
• Cosmetics and personal care
• Chemical
• Others (agriculture, electronics, etc.)

Market, By Distribution Channel

• Direct
• Indirect  

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea 
• Latin America
  • Brazil
  • Mexico
• MEA
  • Saudi Arabia
  • UAE
  • South Africa