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 as regional market players in this sector.
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Throughout 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.
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Business Growth Opportunities in the Container Liner:
- Digitization and Automation: Embrace technology to automate processes, enhance efficiency, and provide real-time tracking and visibility in container logistics.
- Expansion of E-commerce: Capitalize on the growing trend of online shopping by optimizing container shipping services to meet the increasing demand for global e-commerce shipments.
- Green Shipping Initiatives: Explore sustainable practices and invest in eco-friendly technologies to align with the growing environmental awareness and regulations in the shipping industry.
- Strategic Alliances and Partnerships: Form alliances with key players in the supply chain, such as ports, carriers, and logistics providers, to create integrated and seamless end-to-end solutions.
- Diversification of Services: Expand service offerings beyond traditional container transportation, such as value-added logistics services, to cater to the evolving needs of customers and gain a competitive edge.
Trends in the Container Liner Industry:
- LNG-Powered Vessels: The adoption of liquefied natural gas (LNG) as a fuel source for container ships is on the rise, driven by environmental concerns and regulatory requirements.
- Blockchain Technology: Increased use of blockchain for secure and transparent documentation, improving traceability, reducing fraud, and enhancing overall supply chain efficiency.
- Resilience and Risk Mitigation: Growing emphasis on building resilient supply chains and incorporating risk mitigation strategies in response to disruptions, such as the COVID-19 pandemic.
- Increasing Container Sizes: The trend towards larger container ships continues, with the introduction of mega-container vessels to optimize economies of scale and reduce transportation costs.
- Last-Mile Solutions: Development of innovative last-mile delivery solutions to address challenges in urban areas and improve the efficiency of delivering containers to their final destinations.
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.
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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
About Future Market Insights (FMI)
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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