According to Future Industry Insights (FMI), the container liner market is poised for growth, with a projected compound annual growth rate (CAGR) of 4.6% between 2023 and 2033.
By 2023, the container liner market is expected to demonstrate positive growth, reaching a valuation of approximately US$891 million. FMI forecasts a steady increase in container liner sales at a CAGR of 4.6% from 2023 to 2033.
Container liners are widely utilized across industries for bulk packaging, providing a secure and efficient method of transporting large quantities of goods between regions. These reusable bulk container liners are particularly effective in preventing tampering during transit and are commonly used to transport loose bulk goods before loading them into containers.
A key driver of market growth is the availability of various container liner types, such as end fill and wide access liners, catering to specific industrial requirements. The demand for end fill and wide access container liners is expected to remain high.
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The agricultural, chemical, and pharmaceutical sectors have recognized the value of container liners in meeting their needs for safe and protective packaging solutions.
In recent years, manufacturers have prioritized the use of recyclable materials like metallized films, polyvinyl chloride (PVC), and polypropylene (PP) in container liner production. This focus on environmentally friendly packaging aims to mitigate negative environmental impacts.
The introduction of eco-friendly packaging initiatives is anticipated to benefit the container liner market, as there is a growing demand for sustainable packaging solutions. Both consumers and industries are increasingly conscious of environmental concerns, and the adoption of recyclable materials aligns with these sustainability goals.
In summary, the container liner market is projected to experience growth propelled by the availability of diverse liner types, demand from various industries, and the emphasis on environmentally friendly packaging materials. These factors create opportunities for market expansion and development.
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.
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.)
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By Capacity Type:
- 20 Foot
- 30 Foot
- 40 Foot
By Product Type:
- End Fill
- Open Top
- Top Fill
- Wide Access
