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Showing posts from September, 2023

Shrink packaging solutions address quality, environmental priorities

  The global shrink packaging market will continue to experience robust growth in the years ahead. Recovering economies and strong market demand are spurring product development. The global stretch sleeve and shrink sleeve labels segment alone is forecast to grow at 7.5% CAGR from 2021 to 2028 to hit $24.34 billion by end of the period. Demand from the sector is stronger than ever, especially with new F&B categories constantly being launched to the market. Overall, the food packaging market worldwide is projected to reach $562.3 billion by 2030  (Research and Markets) . But besides the major requirements pertaining to food, shrink packaging solutions must address environmental, energy and other key issues. Dase-Sing Packaging Technology Co., Ltd, a one-stop shrink sleeve solutions supplier, approaches product development and services with this in mind. The company prioritises label recycling, carbon emission reduction, labour, proliferation of SKU, high speed requirement, data coll