The global container liners market is poised for positive growth, with an anticipated valuation of US$ 891 million in 2023, according to a recent report by FMI The market is projected to expand further, with container liner sales expected to increase at a 4.6% CAGR between 2023 and 2033.
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Key Highlights from the Container Liners Market Report:
- Surge in Transportation Activities: The rise in transportation and related activities globally has led to increased usage of containers, particularly in seaborne transportation. This surge in container usage is driving demand for bulk packaging solutions such as container liners.
- Cost-saving Solutions: Shipping companies are increasingly adopting container liners to eliminate the costs associated with cleaning and preparing containers for shipping again. This adoption of cost-saving packaging solutions is expected to contribute to the continued growth of the container liners market.
- Protective Packaging: Container liners provide a protective layer between goods and the container surface, making them ideal for the transportation of liquids and minerals. The demand for protective packaging solutions like container liners is driven by the need to safeguard goods during transit.
- Rise in Manufacturing Industries: The increase in manufacturing industries worldwide is boosting the international trade of goods, leading to higher demand for protective packaging solutions. Container liners are preferred by shippers and manufacturers for their effectiveness in safeguarding cargo during transit.
The United States: A Lucrative Market
The United States represents a significant market for container liners, holding a 17.1% share in 2022. This growth is driven by factors such as:
- Stringent Food Safety Regulations: FDA regulations mandate proper storage and transportation of food products. Container liners ensure compliance with these regulations, boosting their demand.
- Thriving Pharmaceutical Industry: The United States is a leading exporter of pharmaceuticals – a sector that heavily relies on container liners for safe bulk cargo transportation.
Growth Potential in the United Kingdom and Germany
- The United Kingdom: The U.K. container liner market is anticipated to register a 4% CAGR. The construction sector’s projected exponential growth and the presence of leading players bode well for future market expansion.
- Germany: As a major producer in the pharmaceutical sector, Germany is expected to hold a significant share in the European container liner market by 2033. The demand for innovative packaging solutions for transporting sensitive pharmaceutical materials is propelling market growth.
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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
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)
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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