The global commodity liners market size is expected to be valued at US$ 4.3 Billion in 2022. It is projected to exhibit growth at a CAGR of 9.0% and reach US$ 7.2 Billion in the forecast period from 2022 to 2032. Commodity liners are expected to become more and more in demand in the near future as a result of the growing requirement to carry gas, oil, chemicals, and agricultural products in bulk safely.
Future growth of the commodity liners market is anticipated to be positively impacted by manufacturers’ increased preference for FDA-approved commodity liners constructed with virgin grade polymer films. Another important element that is going to benefit the market is the growing use of woven textiles for packaging a variety of goods.
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Which Key Factors Are Leading the Commodity Liners Market’s Growth?
Due to the frequent storage and transportation of dry flowable items such plastic granules, fertiliser, and sand, the demand for commodity liners is expected to rise in the upcoming years. In the next years, it is projected that the ability of these liners to tolerate temperatures between -20F and 180F would drive higher sales of commodity liners.
To shield products from the elements, many manufacturers are expected to use high-quality materials in these liners. New liners with many layers of high barrier materials are probably in the works. The market is anticipated to expand quickly as a result of the aforementioned causes.
Why is North America emerging as an Opportunistic Commodity Liners Market?
North America commodity liners market share is likely to grow rapidly in the evaluation period. This growth is attributable to the increasing shift of consumers towards recyclable packaging in the U.S. and Canada. In March 2022, for instance, the U.S. Plastics Pact unveiled four targets to eliminate plastic waste at its source by 2025.
The emergence of such norms by regulatory bodies is estimated to help manufacturers in introducing eco-friendly materials for usage in commodity liners. The rising usage of these liners in developed countries to transport specific products that primarily do not require small packaging units is another major factor that is set to augur well for the North America market.
Market Competition-
Some of the prominent manufacturers present in the global commodity liners market are
- Rishi FIBC Solutions PVT. Ltd.,
- Cesur Ambalaj Sanayi ve Ticaret A.S.,
- Emmbi Company,
- Berry Global, Inc.,
- Powertex Inc.,
- CorrPak Bulk Packaging Systems,
- Nier Systems Inc.,
- AGRU Kunststofftechnik GmbH,
- Composite Containers LLC,
- Thrace Plastics Holding and Commercial S.A,
- Ozerden Plastik Sanayi ve Ticaret AS,
- Nier Systems Inc.,
- United Bags,
Parker Hannifin Corporation, Bulk Corp International, Solmax International Inc., Display Pack, Inc., Bemis Company, Inc., CDF Corporation, Greif Inc., and LC Packaging International B.V. among others.
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Leading players in this market are increasingly focusing on the development of a wide range of products made of bio-based materials, as well as polymer materials. They are striving to improve the barrier and conductivity properties of films made with these materials by conducting exhaustive research and development activities. Meanwhile, a few other players are engaging in collaborations and acquisitions to co-develop new technologically advanced products to strengthen their positions.
Key Segments Profiled in the Commodity Liners Industry Survey
By Material Type:
- PLA
- EVOH
- Polyamide
- Polypropylene
- Polyethylene
- LDPE
- LLDPE
- HDPE
By End Use:
- Personal Care and Cosmetics
- Pharmaceuticals
- Agriculture
- Building and Construction
- Food and Beverage
- Chemicals and Lubricants
By Region:
- North America
- Latin America
- Western Europe
- Easter Europe
- APEJ
- Japan
- Middle East & Africa
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