NEW
YORK, July 3, 2024 /PRNewswire/ -- The global
shipping container liners market size is estimated to
grow by USD 239.3 million from
2024-2028, according to Technavio. The market is estimated to grow
at a CAGR of over 3.68% during the forecast
period. Growing seaborne trade is driving market growth,
with a trend towards increase in demand for cold chain logistics
from pharmaceutical sector. However, increase in raw material
prices poses a challenge. Key market players include Amcor
Plc, AP Moller Maersk AS, Berry Global Inc., Bulk Flow, Bulk
Handling Australia Group Pty Ltd., CDF Corp., Eceplast Srl, Emmbi
Industries Ltd., Greif Inc., Intertape Polymer Group Inc., LC
Packaging International BV, Ozerden Plastik Sanayi ve Ticaret AS,
Palmetto Industries International Inc., Praxas B.V., Protek Cargo,
Rishi FIBC Solutions Pvt. Ltd., Thermal Packaging Solutions Ltd.,
THRACE PLASTICS CO S.A., United Bags Inc., and Ven Pack.
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
End-user (Food,
Chemicals, Minerals, and Others), Type (Woven polypropylene, Woven
polyethylene, PE/PET film, and Others), and Geography (APAC,
Europe, North America, South America, and Middle East and
Africa)
|
Region
Covered
|
APAC, Europe, North
America, South America, and Middle East and Africa
|
Key companies
profiled
|
Amcor Plc, AP Moller
Maersk AS, Berry Global Inc., Bulk Flow, Bulk Handling Australia
Group Pty Ltd., CDF Corp., Eceplast Srl, Emmbi Industries Ltd.,
Greif Inc., Intertape Polymer Group Inc., LC Packaging
International BV, Ozerden Plastik Sanayi ve Ticaret AS, Palmetto
Industries International Inc., Praxas B.V., Protek Cargo, Rishi
FIBC Solutions Pvt. Ltd., Thermal Packaging Solutions Ltd., THRACE
PLASTICS CO S.A., United Bags Inc., and Ven Pack
|
Key Market Trends Fueling Growth
The pharmaceutical industry, a significant global sector worth
USD1.6 billion by 2024, relies
heavily on cold chain logistics for temperature-controlled storage
and distribution of sensitive products. With less than 10% of
pharmaceutical volume moved via ocean freight, companies are
turning to this cost-effective alternative due to rising logistics
expenses and pressure to reduce prices. This shift is expected to
boost the demand for container liners, fueling the growth of the
shipping container liners market during the forecast
period.
The Shipping Container Liners market has seen significant growth
due to the increasing demand for efficient and cost-effective
transportation solutions. Companies are focusing on producing
high-quality liners to meet the needs of various industries,
including e-commerce and manufacturing. The use of advanced
materials like polyethylene and PVC has led to the development of
stronger and more durable liners. Additionally, the trend towards
sustainability has resulted in the production of eco-friendly
liners made from recycled materials. The market is also witnessing
the adoption of innovative technologies like RFID tracking and
smart liners to enhance supply chain visibility and efficiency.
Overall, the Shipping Container Liners market is expected to
continue its growth trajectory in the coming years.
Research report provides comprehensive data on
impact of trend. For more details- Download a Sample
Report
Market Challenges
- The global shipping container liners market is facing
challenges due to rising raw material costs. Crude oil prices, a
key component in producing polypropylene (PP) for container liners,
have increased significantly. Decreased production from oil
companies and geopolitical tensions have contributed to this trend.
Additionally, the invasion of Ukraine by Russia led to a surge in resin prices, further
increasing manufacturing costs. These factors may hinder market
growth during the forecast period.
- The Shipping Container Liners market faces several challenges.
Commodities require protection during transportation, and the use
of liners is essential. However, finding the right liner for
specific cargo types can be difficult. The variety of liners,
including polyethylene, PVC, and PVDC, adds complexity.
Additionally, the size and shape of containers vary, requiring
custom-made liners. Producers must also consider the durability and
strength of liners to withstand harsh shipping conditions.
Furthermore, the cost of production and transportation can impact
profitability. Lastly, ensuring regulatory compliance and
sustainability are ongoing concerns.
For more insights on driver and
challenges - Download a Sample Report
Segment Overview
This shipping container liners market report extensively covers
market segmentation by
- End-user
- 1.1 Food
- 1.2 Chemicals
- 1.3 Minerals
- 1.4 Others
- Type
- 2.1 Woven polypropylene
- 2.2 Woven polyethylene
- 2.3 PE/PET film
- 2.4 Others
- Geography
- 3.1 APAC
- 3.2 Europe
- 3.3 North America
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Food- The global shipping container liners
market in the food industry is experiencing growth due to the
demand for hygienic and cost-effective solutions for transporting
and storing food products. Container liners offer protection
against moisture, contamination, and damage, making them ideal for
grains, flour, sugar, spices, and other dry foods. Increased food
safety and hygiene requirements, as well as the convenience and
cost-effectiveness of reusable liners, contribute to their
popularity. For instance, the US grain export market has seen a
10.5% increase in wheat exports between January 2022 and January
2023, highlighting the importance of container liners in
maintaining product quality and marketability.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Research Analysis
The Shipping Container Liners Market has experienced a surging
demand due to the increasing tons of cargo transported via seaborne
transportation. Bulk packaging of liquids and minerals requires
robust protective packaging, leading to an operational revenue
growth for container liner manufacturers. Urbanization and the
expansion of pharmaceutical companies necessitate the use of
container liners for transporting and shipments, ensuring
protection against temperature variations, fire, bad weather,
theft, impacts, and deterioration. Container liners are essential
for bulk cargo, including polyethylene, polypropylene, metalized
films, and poly vinyl chloride, which are commonly used for
packaging various commodities. Repository facilities play a crucial
role in the supply chain, providing storage solutions for container
liners before they are used for transportation.
Market Research Overview
The Shipping Container Liners Market encompasses the production
and supply of protective coverings designed to fit inside standard
shipping containers. These liners ensure the safe transportation of
goods by preventing damage from moisture, dust, and other
environmental factors. The market is driven by the increasing
global trade and the need for efficient and cost-effective
logistics solutions. The use of reusable liners further contributes
to the market's growth, as they reduce the need for disposable
packaging. The market also caters to various industries such as
food and beverage, chemicals, and automotive, among others. The
demand for liners is expected to remain strong due to the growing
trend towards international trade and the need for secure and
reliable transportation of goods.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- End-user
-
- Food
- Chemicals
- Minerals
- Others
- Type
-
- Woven Polypropylene
- Woven Polyethylene
- PE/PET Film
- Others
- Geography
-
- APAC
- Europe
- North America
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio