The box liners market size is slated to cross a valuation of US$ 400.40 million in 2023 and is predicted to hit a valuation of US$ 710.15 million by 2033. The box liners market share is estimated to expand at a CAGR of 5.9% from 2023 to 2033.
Consumption of box liners is increasing significantly in the electronic industry, processed food industry, consumer durables, vegetables, fruits, and so on. The shift in consumer behavior around the world is driving up demand for packaging.
The market opportunity is expected to grow in tandem with rising demand. The global packaging market is expected to grow steadily. The box packaging market is a stable component of the manufacturing sector. A new trend in the global box liners market is the provision of tailored box liners with dimensions and colors as specified by the customer.
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Plastic box liners with barrier properties are used. Box liners are inserted into boxes during the packaging of goods to prevent spillage of liquid products such as oils, inks, dyes, and so on. Box liners are used to keep raw materials from coming into contact with the container and causing harm to the product while it is being transported, processed, and stored.
Key Takeaways from Box Liners Market:
- The market expanded at a CAGR of 5.1% from 2018 to 2022.
- In 2022, the global market size stood at US$ 378 million.
- High-density Polyethylene (HDPE) is anticipated to acquire a market share of more than 31% in 2023.
- Poly-entrapment Prevention Liners (Pep Liners) are expected to thrive at a 5.3% CAGR from 2023 to 2033.
- North America is expected to possess a 17% market share in 2023.
- Europe is expected to hold 13% of the market share for the box liners market in 2023.
- Asia Pacific is expected to procure a 10% market share for the box liners market in 2023.
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Recent Developments Observed by FMI:
- Three Sixty Solar Ltd. (Three Sixty), a British Columbia-based solar energy company, will list on the NEO Exchange in August 2022. The new Three Sixty symbol is VSOL, according to NEO. To create a world powered by renewable energy, Three Sixty designs, builds, and installs vertical solar tower structures that are smaller than those made using traditional techniques. The Three Sixty Solar Towers are designed to offer cost-effective energy-efficient options for everything from modest business projects to enormous utility-scale solar farms.
- Kite Packaging launched a cutting-edge corrugated box liner that is an alternative to polystyrene and is more environmentally friendly in September 2021. This thermal lining costs less than polystyrene is entirely recyclable and regulates temperature just as well.
Box Liners Market Segmentation
By Material Type:
- HDPE
- LDPE
- LLDPE
- Others
By Product Type:
- PEP
- PEP
- PEP Jumbo Dolav
- Side Gusseted
By Thickness:
- Up to 3 Mil
- From 4 to 6 Mil
- From 6 to 8 Mil
By Region:
- North America
- Latin America
- Europe
- East Asia
- South East Asia & Oceania
- Middle East & Africa (MEA)
About Future Market Insights Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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