The European liners market is set to experience substantial growth over the next decade, according to the latest industry projections. With a projected Compound Annual Growth Rate (CAGR) of 3.8% from 2023 to 2032, the market is on track to increase from US$912.1 million in 2023 to an estimated US$1,261.6 million by 2032.
At the close of 2022, the European liners market was valued at US$874.9 million, and it is anticipated to exhibit year-on-year (Y-o-Y) growth of 4.2% in 2023, signaling a strong start to this transformative decade.
Consumers in Europe are increasingly seeking convenience, portability, and extended shelf life for various products, including food & beverages. Liners provide a packaging solution that addresses these preferences, leading to an increased demand.
The packaging sector is subject to stringent regulations in Europe, with specific requirements related to food safety, hygiene, and labeling. Liners can help manufacturers meet these regulatory standards, ensuring compliance and avoiding penalties or market restrictions.
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Key Players are:
- Berry Global Inc.
- Safepack Solutions
- Plascon Group UK
- Mettcover
- Sealed Air Corporation
- Coveris Holdings S.A.
- Ströbel GmbH
- Flexipol
- Polymer-Synthese-Werk GmbH
- ILC Dover LP
- Roundliner GmbH
- Nittel Halle GmbH
- Protective Packaging Ltd.
- Pack Tech A/s
- EMPAC Verpackungs GmbH
- Chiltern Plastics (UK)
- Lormac Group
- All About Polythene
This remarkable growth in the European liners market can be attributed to several key factors, including:
- Industry Resilience: Despite challenges and uncertainties, the liners industry in Europe has demonstrated remarkable resilience. Market players have adapted to changing dynamics and are positioned for sustained growth.
- Increased Demand: The growing demand for liners across various sectors, including manufacturing, logistics, and agriculture, is a significant driver of this expansion. Liners play a crucial role in ensuring the safe and efficient transport of goods.
- Sustainability Initiatives: The market is witnessing a notable shift towards sustainable and eco-friendly liner materials, reflecting the broader environmental consciousness in Europe.
- Economic Recovery: As the European economy continues to recover, there is a resurgence in industrial activities, contributing to the increased demand for liners.
The year-on-year growth of 4.2% expected in 2023 is indicative of the market’s immediate momentum and strong prospects for the future. Industry experts anticipate continued innovation in liner technology and materials, aimed at meeting the evolving needs of diverse sectors while reducing environmental impact.
Manufacturers and stakeholders in the liners market are well-positioned to seize the opportunities presented by this growth trend. As the industry surges forward, it is expected to create new jobs, drive innovation, and contribute to the overall economic development of the region.
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Europe Liners Market Outlook by Category:
By Material:
- Plastic
- High Density Polyethylene
- Low Density Polyethylene
- Linear Density Polyethylene
- Polypropylene
- Paper
- Aluminum Foil
By Thickness:
- Less than 3 millimeter
- 3 to 5 millimeter
- 6 to 8 millimeter
By Product Type:
- Box Liners
- Bulk Box Liners
- Octabin Liners
- Drum Liners
- Gas Flush Dolav Liners
By End-use:
- Meat Packaging
- Meat
- Seafood
- Poultry
- Other Food
- Fruits & Vegetables
- Bakery & Confectionery
- Processed Food
- Dairy
By Country:
- Germany
- Spain
- Russia
- Italy
- United Kingdom
- France
- BENELUX
- Nordic
- Poland
- Rest of Europe
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