By the end of 2022, it is predicted that the global Packaging liners industry will generate US$ 378 Million in revenue. As a result of developments in seaborne transportation, the global expansion of transportation and allied activities has extended the need of Packaging liners. As a result, there is an increased need for bulk packaging options like box liners. Due to this, it is anticipated that the global Packaging liners market would surpass US$ 658.1 Million by 2032, growing at a CAGR of 5.7%.
Global trade is expanding rapidly which requires safe transportation for most of the entities involved in transportation and logistics. This has resulted in the higher adoption of box liners which is now gaining popularity for safe transportation of goods.
The growing e-commerce industry has also been a major factor in the growth of the box liners market. The rise in online shopping has increased the demand for packaging, which has resulted in the growth of the box liners market.
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Global Box Liners Market – Dynamics
There is substantial growth in consumption of box liners in the electronic industry, processed food industry, consumer durables, vegetables, fruits, etc. Demand for packaging is increasing because of the shift in consumption behavior across the world. As the demand increases market opportunity is also anticipated to show increase. Global packaging market is poised to experience reliable growth. Box packaging market is an assured part of manufacturing sectors. Providing tailored box liners with dimensions and colors as per the customer requirement is the new trend observed in the global box liners market.
Box liners can be used for various types of boxes whether it is the corrugated box or plastic box. Box liners will help the product to remain same in any weather, and it will not be affected by humidity or extreme heat and cold. In box liners market demand of high-density polyethylene liners is more because it provide good strength for the comparable thickness of other plastic liners. Box liners are widely used in fresh food industry. There are some products that typically require box liners such as bread, frozen food, small parts, electronic components, plastics, etc. The manufacturing cost of such packaging is low so that it will become profitable for suppliers.
Global Box Liners Market – Regional Outlook
On the basis of geography box liners are segmented into North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan (APEJ), Middle East & Africa (MEA) and Japan. Globally, Asia Pacific is expected to commonly manage the market throughout the forecast period. India and Indonesia are expected to witness maximum growth for box liners. Packaging demand in China is still the fastest among all region. Box liners are widely used in fresh food industry. Chemical, pharmaceutical, and food & beverage processing are expected to accelerate in the U.S. which is expected to boost the sales of box liners throughout the forecast period.
Global Box Liners Market – Major Players
Some of the players operating in the global box liners market include Champion Plastics, Thrace Group, Danapoly Inc., Shagoon Packaging, Synthetic Packers Pvt Ltd, Galaxy Packsol Pvt Ltd, Neo Corp International Limited and Duropac.
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Key Drivers of the Box Liners Market
The growth of the box liners market can be attributed to various factors such as:
- Increasing Demand for Packaging- The increasing demand for packaging has been one of the major drivers of the box liners market. The growth of e-commerce has led to an increase in the demand for packaging products such as box liners.
- Protection of Goods- Box liners are used to protect the goods during transportation. The liners prevent the goods from getting damaged due to external factors such as moisture, dust, and other environmental factors.
- Sustainable Packaging- The growing demand for sustainable packaging has also been a major driver of the box liners market. The use of recyclable materials in the manufacturing of box liners has gained popularity in recent years.
- Technological Advancements- The use of advanced technologies in the manufacturing of box liners has resulted in the production of high-quality liners. The technological advancements have also led to the production of liners that are more durable and can withstand harsh environments.
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Global Box Liners Market – Segmentation
Global market for box liners is segmented on the basis of material type, product type, and thickness.
On the basis of material type, the global market for box liners is segmented as follows:
- High density polyethylene (HDPE)
- Low density polyethylene (LDPE)
- Linear low density polyethylene (LLDPE)
- Others
On the basis of product type the global market for box liners is segmented as follows:
- Poly-entrapment prevention liners (PEP liners)
- PEP box liners
- PEP jumbo dolav box liners
- Side gusseted box liners
On the basis of thickness the global market for box liners is segmented as follows:
- Up to 3 Mil
- 3 – 6 Mil
- 6 – 8 Mil
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