Unveiling Prospects: Container Liners Market Anticipates 4.6% CAGR Growth from 2023 to 2033

As per the FMI survey report, the global container liners market size is anticipated to be around US$ 891 million in 2023. Through 2033, the container liners market is anticipated to grow favorably, reaching an estimated US$ 1,403.6 million by the end. As per the market estimates, the average CAGR that would be followed by the over-market over these ten years is around 4.6%.

Container liners are the finest choice for packaging commodities in large quantities, particularly for firms transporting their products on ships. So recent upsurge in international trade relations is expected to create huge opportunities for global as well regional market players in this sector.

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Throughout the course of the survey, the market was anticipated to be supported by rising expenditures made by the container liner market's leading players in product capabilities. Additionally, the advantages of simple recovery of goods have made it popular in shipping yards and are accelerating the emerging trends in the container liners market.

Rising demand for container liners from pharmaceutical industries is expected to further strengthen the market during the projected period. Increasing utilization of container liners in the building and construction sector is also anticipated to boost market trends and opportunities in the coming days.

# Key Takeaways from the Container Liner Market Study Report

The United States is the leading region in providing container lining services in comparison to other countries. As per the report, the United States container Market generated a revenue of around US$ 287 million back in the year 2022. Presently it contributes a share of around 17% of the total revenue generated by the global market.

In the Europe region, the demand for container liners in Germany was figured out to be around US$ 33.4 million in the year 2022. Meanwhile, the sales of container liners in the United Kingdom were slightly lower at US$ 30.7 million. However, over the forecast period, the market in the United Kingdom is poised to grow at a faster annual rate of 4%.

While, in the Asia Pacific region, china is considered to be the front-runner in the demand and adoption of container liners. The regional market size was approximately US$ 100 million in the year 2022 and is anticipated to progress at a CAGR of 7.5% through 2033.

Interestingly, India is anticipated to exhibit a growth rate of 7.3% in sales of container liners in the country through 2033.

Based on material type, the polypropylene or PP segment contributes around 45.1% of the global container lining market share. On the other hand, the recycled polyethylene material type is getting adopted at a faster rate though it contributes only 31% presently.

Meanwhile, based on end users, the food & beverages sector industries purchased the highest amount of container liners and contributed around 27.7% share.

# Competitive Landscape for the Bullet Market Players

Greif, Inc., Thrace Plastics Holding and Commercial S.A., LC Packaging International B.V., Berry Global, Inc., Ven Pack, United Bags Inc., CDF Corporation, Emmbi, Inc., Rishi FIBC Solutions PVT. Ltd., Nier Systems Inc., Display Pack, Inc., Composite Containers LLC., Bulk Corp International, Bulk-Pack, Inc., and Ozerden Plastik Sanayi ve Ticaret AS are among others are some of the major players in the global container liner market.

The emergence of new participants for container lining requirements in the Asia Pacific countries is anticipated to boost the potential market. In growing economies like China and India, where overseas trade is growing combined with recent advances in a variety of industries, many start-ups are discovering attractive prospects.

"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.

# 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.

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# 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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About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

This release was published on openPR.