The global liner bag market is set to experience significant growth over the next decade, with market projections showing an increase from USD 752.7 million in 2024 to USD 963.5 million in 2034, reflecting a 2.50% compound annual growth rate (CAGR). This marks a slight rise from the previous CAGR of 2.10% observed between 2019 and 2023. This upward trend highlights the growing demand for flexible, affordable, and efficient packaging solutions across a range of industries.
Liner bags are the flexible packaging solutions used for packing & transporting products. They are also used for bulk products, which help in protecting such products from external natural elements. This also helps in keeping the product contamination-free.
Liner bags are made from different plastic materials based on the material properties and requirements such as polyethylene (PE), polypropylene (PP), and other plastic materials. Cost-effectiveness is the main advantage of using liner bags.
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The food and beverage sector is a key driver behind the growing demand for flexible packaging solutions. Liner bags are well-positioned to meet this demand due to their convenience and cost-effectiveness. As concerns around health and hygiene become more prominent, the addition of antimicrobial properties to liner bags has made them increasingly valuable across industries such as food, health, and pharmaceuticals.
In addition to their functional advantages, liner bags offer businesses an efficient solution for packaging processes. Their ability to protect goods quickly and easily makes them a go-to choice. Emphasis on moisture and oxygen barrier protection, especially for food-grade liner bags used in meat, poultry, and seafood packaging, is another key trend.
Key Takeaways:
- United States: The demand for liner bags is expected to grow at a 1.50% CAGR through 2034.
- Germany: Liner bag sales are projected to rise at a 1.30% CAGR until 2034.
- Japan: The growth rate for the liner bag market is estimated at 1.00% CAGR till 2034.
- Thailand: Liner bag sales are anticipated to surge at a 3.20% CAGR through 2034.
- India: Demand for liner bags is forecast to increase at a 4.60% CAGR till 2034.
- Polyethylene Segment: This segment will capture 62.70% of the market share in 2024, making it the largest.
- Industrial/Commercial Segment: Expected to hold the leading market share of 54.80% in 2024.
Importance of Sustainability Increases as the Way Forward
People and corporations are increasingly concerned about the environment. They want packaging that does not harm the plant. As a result, people are increasingly drawn to eco-friendly liner bags.
These bags, constructed from recyclable, biodegradable plastics and compostable materials, are an excellent alternative. These bags contribute by reducing the amount of non-renewable materials. They reduce pollution and meet the demand for sustainable products. As a result, customer demand drives the market. It also needs to follow environmental regulations.
Competitive Landscape
The market is very competitive, with Berry Global Inc., Amcor plc, and Mondi Group dominating. Smaller specialist providers that specialize in specific industries exist as well. Innovation is essential for differentiating products and market trends. Strategic alliances and acquisitions are established methods for expanding market reach and capabilities.
Key Players
- Berry Global Inc.
- Amcor plc
- Mondi Group
- Smurfit Kappa Group
- Winpak Ltd.
- Aristo Flexi Pack
- Dana Poly, Inc.
- AAA Polymer
- Plascon Group
- A-Pac Manufacturing Co., Inc.
- GLOBAL-PAK, INC.
- Dagoplast AS
- Flexipol
Recent Developments
- In March 2024, Revelate Design launched new lightweight and removable interior Mag-Tank TPU liners. It allows backpackers to store food items like ice cream, French fries, and others. It is launched as an essential supplement in a bikepacking bag kit.
- In July 2023, easy2cool partnered with Mondi and launched an e-commerce packaging solution for transporting fresh and frozen food products. Mondi provides its FunctionalBarrier Paper to enhance easy2cool’s ‘paperfloc Eco-liner’ bag.
Market Segmentation
By Material:
- Polyethylene (PE)
- Polypropylene (PP)
- Bioplastics
By Distribution Channel:
- Online
- Offline
By End User:
- Industrial/Commercial
- Institutional
- Residential
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
- Japan
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