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Thursday, December 1, 2022

Eueope Shipping Container Liner Market is growing with a CAGR of 3.9% in the forecast period of 2022 to 2029



The global shipping container liner market is expected to grow significantly in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 3.9% in the forecast period of 2022 to 2029 and is expected to reach USD 2,058.07 million by 2029. The major factor driving the growth of the shipping container liner market is rising prevalence of container liners in food and agriculture and the increased transportation activities.

Container liners can be used to pack all kinds of dry food such as wheat, rice, coffee, legumes, sugar and other foods. For safe, contamination-free packaging, container liners offer a cost-effective, protective and valuable packaging solution. Rising prevalence of container liners in food and agriculture industry and increased transportation activities are expected to drive the global shipping container liner market Moreover, reusability and cost effectiveness of shipping container liners will propel the growth of the global shipping container liner market.

The global shipping container liner market report provides details of market share, new developments, and the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, products approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market.

To understand the analysis and the market scenario, contact us for an Analyst Brief. Our team will help you create a revenue impact solution to achieve your desired goal.

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Global Shipping Container Liner Market Dynamics

Drivers

Rising Prevalence Of Container Liners In The Food And Agriculture Industry

Shipping container liners have become increasingly popular in the shipping industry, especially in food and agriculture. Food products and items must be transported with well-maintained chains and precautions to maintain their quality and food security. Similarly, in the agriculture industry, transportation of seeds, fertilizers, and various chemicals must be transported with proper care and handled cautiously.

Container liners prevent moisture, temperature, and other contamination in the commodity. Various manufacturers are providing such container liners as per the need of end users for varying applications. The wide applicability of container liners in food and agriculture leads to higher demands and is expected to drive market growth

Increased Transportation Activities Requiring Shipping Container Liners

The upsurge in the transportation of goods across the globe has led to the industry's higher demand for shipping container liners. The liners provide safety to the commodities and are highly efficient in loading and unloading. With this increasing transportation, the demand for container liners is also increasing and is expected to drive the market's growth.

Higher Demands Due To The Cost-Effective And Reusability Of Shipping Container Liners

Container liners are composed of high-density polyethylene and polypropylene, enabling end users to use them again. The container liners can be used many times, resulting in cost-effectiveness. Manufacturers provide shipping container liners in various materials, which aids in their cost-effectiveness and quality. Hence, container liners are in high demand due to their cost-effectiveness and reusability, which is expected to drive market growth.

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Opportunities

Strategic Initiatives By Leading Organizations

The acceptance and high usage of shipping container liners in the market have increased the demand for the product. To fulfill such demands as per the need of end users related to various applications, it is used for; manufacturers are taking strategic decisions and provide new and innovative products in the market.

Restraints/Challenges

High Costs For Transportation

Due to this increased pricing in the transportation of goods, the shipping industry gets affected overall. Empirical evidence underlines that raising transport costs by 10% reduces trade volumes by more than 20%. High transportation costs impact the structure of economic activities and international trade, ultimately affecting the demand for shipping container liners

Recent Development

United Bags Inc. has partnered with a recycling company which sets up baling machines, and periodically picks up the used FIBCs at no cost from the customers. Participants in this initiative receive certification stating that all their FIBCs have been recycled, causing no harm to the environment

Global Shipping Container Liner Market Scope

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Type

  • Polypropylene (PP) Container Liners
  • polyethylene (PE) Container Liners
  • Others

Application

  • Food And Beverages
  • Chemicals
  • Minerals
  • Agricultural
  • Others

Competitive Landscape and Global Shipping Container Liner Market Share Analysis

Some of the prominent participants operating in the global shipping container liner market are UNITED BAGS, INC., Bulk Corp International, Nier Systems Inc., Rishi FIBC Solutions PVT. Ltd., Dev Ventures India Pvt. Ltd., Ven Pack, BERRY GLOBAL INC., Bulk Handling Australia, Eceplast, Greif., LC Packaging, Thrace Group, CDF Corporation, Composite Containers, LLC, INTERTAPE POLYMER GROUP, and BULK FLOW among others.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands' understanding of the market for additional countries (ask for the list of countries), clinical trial results in data, literature review, refurbished market, and product base analysis.

Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors as you require data about in the format and data style you are looking for. Our team of analysts can also provide you with data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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