The global commodity liners market is poised for significant growth, with an estimated value of US$ 4.3 billion in 2022 projected to escalate to US$ 7.2 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 9.0%. This surge is attributed to the escalating demand for safe transportation of various commodities including gas, oil, chemicals, and agricultural products in bulk quantities. As industries continue to expand globally, the need for efficient and secure methods of transporting these commodities becomes increasingly paramount, thus driving the demand for commodity liners.
The versatility of commodity liners in safeguarding goods during transit, preventing contamination, and minimizing product loss makes them indispensable across diverse sectors. From the oil and gas industry to agricultural and chemical sectors, the demand for reliable and cost-effective packaging solutions is driving the adoption of commodity liners worldwide.
As regulations regarding safe transportation and environmental protection become more stringent, the significance of commodity liners is expected to further amplify, positioning the market for sustained growth and innovation in the forthcoming years.
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Key Points:
- The global commodity liners market is set to reach US$ 7.2 billion by 2032, growing at a CAGR of 9.0% from a 2022 valuation of US$ 4.3 billion.
- Increasing demand for safe bulk transport of gas, oil, chemicals, and agricultural products is a key driver of commodity liner demand.
- Manufacturers are favoring FDA-approved liners made from virgin-grade polymer films, positively impacting market growth.
- The use of anti-static films in commodity liners to manage electric discharge is a notable trend.
- The emergence of polypropylene and polyethylene liners is enhancing the market, facilitating the conversion of bulk transport systems from ISO shipping containers.
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.
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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-
- 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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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
Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
About Future Market Insights (FMI)
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