The container liners market is anticipated to increase favourably through 2023, with this year’s total revenue predicted to reach US$ 891 million. Sales of container liners are expected to grow at a 4.6% CAGR between 2023 and 2033, according to FMI.
Growth will gradually resume after a period of sluggish sales and constraints brought about by the COVID-19 epidemic. Throughout the future years, substantial development opportunities will arise from the expansion of the food and packaging industries.
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The use of container liners for bulk packaging has become incredibly popular worldwide. It is used more frequently to safely carry big freight from one region of the world to another. To prevent tampering while in transit, these reusable bulk container liners are used to carry loose bulk goods that has not yet been loaded within the container.
The primary development driver will likely turn out to be the accessibility of various types of container liners, like end fill, to meet certain industrial requirements. End fill and wide access container liners will continue to be in great demand, according to the research.
The availability of container liners has addressed the demand for protective and safe packaging solution in agricultural, chemical and pharmaceutical industries.
In the last few years, manufacturers have been focusing on the use of recyclable materials such as Polypropylene (PP), Polyvinyl Chloride (PVC), and metallized films. This is intended to ensure that adverse effects on the environment are curbed.
Such steps taken towards introducing sustainable packaging solutions will bode well for the market.
Key Takeaways from Container Liner Market
- By material type, polypropylene material holds the dominant share of nearly 40% in the market.
- The U.S. has emerged as a key market, accounting for nearly 87.8% of the North America container liner market in 2021.
- After two consecutive years of marginal sales in 2020 and 2031, the U.K. market will exhibit 5.6% y-o-y growth by the next decade.
- Rising in demand in the pharmaceutical sector will support growth in Germany and France.
- Japan will emerge as an attractive market, driven by increasing application in the building and construction sector.
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“Manufacturers are focusing on expanding their footprint globally. As a result there is high focus on strategic collaborations. Besides this, increasing emphasis on launching sustainable packaging solutions will drive growth in the market in the coming years.” says FMI analyst.
DEMAND FOR LIGHTWEIGHT PROTECTIVE PACKAGING SOLUTION FOR BULK CARGO
A new packaging trend of lightweight packaging materials and products is witnessed in the industrial packaging and shipping industry. All requirements of these latest trends are met by container liners used for packaging and transport of dry, liquid and granule form of bulk cargo.
The easy handling of bulk packaging solutions such as container liner, which are easy to store and flexible since it can be folded and can be packed in small sized packs will aid its application. The easy to carry packaging and less space consuming attributes of container liner make them easy to be shipped from manufacturers to end users in a cost effective way.
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CONTAINER LINER MARKET LANDSCAPE
Berry Global, Inc. and Grief, Inc., are the top players operating in the Container Liner market. Furthermore, LC Packaging International B.V., and Display Pack, Inc., are some of the leading players in the container liner market. Key players contribute almost 30-35% of the global market.
Key Segments
By Material Type:
- PP (Polypropylene)
- PVC (Polyvinyl Chloride)
- PE (Polyethylene)
- Metallized Film
- Others (PS, etc.)
By Capacity Type:
- 20 Foot
- 30 Foot
- 40 Foot
By Product Type:
- End Fill
- Open Top
- Top Fill
- Wide Access
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