During the forecast period spanning from 2022 to 2032, the global liner bags market is poised to exhibit robust growth at a steady CAGR of 3.9%. The market is anticipated to surge beyond the mark of US$ 1,062.6 million by the culmination of 2032, up from US$ 724.8 million in 2022. Liner bags are expected to witness increased demand, with the top five industry players projected to collectively grasp a market share of approximately 15-20% by the end of 2022. The burgeoning use of liner bags in the food and beverage sector is foreseen as a significant driver of market expansion.
Food packaging plays a pivotal role in safeguarding edibles from contamination and damage, while also providing essential information about the packaged contents to consumers. Consequently, companies engaged in supplying food contact materials and food packaging solutions must adhere to stringent food contact regulations established by governmental authorities.
Notably, packaging for meat, poultry, and seafood necessitates impeccable sealing properties, coupled with superior moisture and oxygen barrier protection. Certifications such as the British Retail Consortium (BRC) Global Standard for Food Safety are imperative in ensuring food safety and quality. The standards governing safety and health in the food industry are stringent and necessitate the deployment of reliable packaging solutions.
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The consumption of meat is notably high in developed regions like Europe, with an average per capita meat consumption of around 107 grams per day. Furthermore, Europe ranks among the top consumers of seafood, with an average seafood consumption of approximately 92 kg per capita. This robust appetite for meat and seafood products is poised to generate a substantial demand for liner bags, aligning with the growing needs of the food and beverage industry.
Top Trends Pushing Sales of Liner Bags across the Globe
Liner Bag Manufacturers to Utilize Eco-friendly Materials to Augment Sales
In today’s packaging industry, sustainability has emerged as a prominent and transformative trend. This shift is largely influenced by the recycling movement, growing environmental concerns, and heightened consumer awareness about health and wellness. As a result, manufacturers are actively engaged in the development of biodegradable products, responding to the call for innovative and eco-conscious packaging solutions. This shift aligns with the increasing consumer preference for sustainability and the desire to minimize the environmental impact of packaging materials.
Many key industry players are now prioritizing the production of biodegradable liner bags, contributing to the broader initiative for sustainability. The transition from rigid to flexible packaging, which offers substantial sustainability benefits, is further fueled by evolving demographics and shifting consumer preferences. Collectively, these factors are poised to drive substantial demand in the global liner bags market, as the industry adapts to meet the demand for more environmentally responsible solutions.
Drivers:
- Growing E-commerce and Retail: The expansion of e-commerce and the retail industry, particularly in the food and clothing sectors, is a significant driver for the liner bags market. These bags are used for packaging and protecting a wide range of products during storage and transportation.
- Regulatory Compliance: Stringent regulations regarding the safe and hygienic transportation of various goods, including food products, pharmaceuticals, and chemicals, drive the demand for liner bags. Compliance with these regulations is essential, contributing to market growth.
- Supply Chain Efficiency: Liner bags enhance supply chain efficiency by protecting goods from contamination, moisture, and damage. They ensure product integrity, reduce product waste, and minimize the risk of contamination during transportation.
- Sustainable Packaging: The demand for sustainable and eco-friendly packaging solutions is on the rise. Liner bags, when made from recyclable and biodegradable materials, appeal to environmentally conscious consumers and businesses.
- Industrial Growth: Growth in industries such as agriculture, chemicals, and pharmaceuticals necessitates the use of liner bags for the safe and efficient storage and transport of products, boosting market demand.
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Restraints:
- Environmental Concerns: While some liner bags are eco-friendly, many are still made from non-biodegradable materials. The environmental impact of disposable liner bags is a concern, leading to regulations and consumer pressure to adopt more sustainable options.
- Cost: High-quality liner bags can be costly to manufacture, impacting their affordability for smaller businesses. The cost of eco-friendly materials can also be a restraint for adoption.
- Alternative Solutions: Alternative packaging solutions, such as bulk containers and reusable totes, can compete with liner bags for certain applications. Companies may choose alternative options over liner bags based on factors like cost and sustainability.
- Supply Chain Challenges: Ensuring a consistent supply of liner bags, especially during times of high demand, can be challenging. Supply chain disruptions can affect market availability.
- Global Economic Factors: Economic factors, such as fluctuations in raw material prices and currency exchange rates, can impact the liner bags market. These fluctuations may lead to cost variations and affect market growth.
Key Market Players
- Berry Global Inc.
- Mondi plc
- Aristo Flexi Pack
- Dana Poly, Inc.
- AAA Polymer
- Plascon Group
- A-Pac Manufacturing Co., Inc.
- GLOBAL-PAK, INC.
- Dagoplast AS
- Flexipol
- UFlex Limited
- Eceplast
- EMIL DEISS KG (GmbH + Co.)
- Hymopack (ProAmpac)
- Coveris Holdings S.A.
Liner Bags Market Outlook by Category
By Material:
- Polyethylene (PE)
- Polypropylene (PP)
- Other (Bioplastics, etc.)
By Distribution Channel:
- Online
- Offline
By End User:
- Food Service
- Institutional
- Household
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa (MEA)
- 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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