Introduction
Welcome to the world of plastic liners market! In this comprehensive guide, we’ll delve into the vibrant and dynamic plastic liners industry. From its growth to diverse applications, we’ll explore everything you need to know about this market. So, let’s dive right in.
Plastic Liners Market: An Overview
Plastic liners are essential components across various industries, offering a wide range of applications. They are versatile, cost-effective, and play a crucial role in preserving product quality.
Projected at a worth of US$ 4.5 billion in 2022, the worldwide plastic liners market is poised for growth, with expectations of surpassing US$ 7.2 billion by 2032, driven by a steady CAGR of 4.8%.
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Plastic Liners Market Landscape
- Berry Global Group,
- ILC Dover LP,
- Plascon Group,
- American Plastics Company, and
- Polymer-Synthese-Werk GmbH
are the key players operating in the plastic liners market. Also, the other noticeable players in the global plastic liners market are RRR Supply, Inc., A-Pac Manufacturing Co., Inc., International Plastics Inc., Champion Plastics, Chiltern Plastics, and others. The key players in tier 1 hold around 20-25% of the global plastic liners market.
Key Takeaways from Plastic Liners Market
- Based on material, the polypropylene (PP) segment is estimated to hold around 40% of the market value share by the end of 2032.
- In terms of end use, the food & beverages segment is anticipated to create a growth opportunity of US$ 917.8 Million during 2022-32.
- With the rise in the shipment of bulk products, the demand for the upto 5 Kg plastic liners is expected to propel during the forecast period.
- Sales of plastic liners in North America will surge with the increasing trade of various commodities along with the presence of leading industry manufacturers.
- Europe is expected to emerge as the most remunerative plastic liners market on the back of expansion of food & beverage and chemical industries
The Future of Plastic Liners Market
The Plastic Liners Market is poised for significant growth in the coming years. As industries become more conscious of sustainable packaging and waste management, the demand for eco-friendly and innovative plastic liners will rise.
Manufacturers will focus on developing liners with advanced barrier properties, enhancing their resistance to chemicals, temperature variations, and physical damage. Smart plastic liners will see increased adoption, revolutionizing logistics and supply chain management.
The push for biodegradable and compostable plastic liners will lead to greener packaging solutions, addressing the global plastic pollution challenge. Additionally, collaborations between material scientists and packaging manufacturers will drive the industry’s growth by creating cutting-edge, sustainable products.
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Plastic Liners Market by Category
By Material:
- Polyethylene (PE),
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Polystyrene (PS)
- Others (PLA, etc.)
By Capacity:
- Upto 5 kg,
- 6 – 15 Kg
- 15 – 25 Kg
- Above 25 Kg
By End Use:
- Food and Beverages
- Fertilizers & Agri Products,
- Pharmaceutical
- Industrial Chemicals
- Others
By Region:
- North America
- Latin America
- Europe
- Middle east and Africa
- East Asia
- South Asia
- Oceania
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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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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