The market for carton liners is projected to grow at a CAGR of 5.2% over the course of the forecast period, from a value of US$ 31.35 billion in 2022 to US$ 52.05 billion in 2032.
The use of carton liners in the packaging of metal and associated items is gaining momentum, which is driving up demand for and sales of carton liners. Additionally, the function of VCI (Volatile Corrosion Inhibitors) carton liners in rust prevention is responsible for the market’s increased growth. Key competitors in the carton liners market are concentrating on the creation of intelligent carton liners integrating the Modified Interactive Packaging (MIP) system, particularly for food packaging, as a result of substantial advancements in packaging technology.
Survey Conducted by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offer Insights into Vital Dynamics Facilitating the Growth in the Global Carton Liners Market over the Assessment Period 2022-2032.
A detailed study on carton liners market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future.
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As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global carton liners market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales carton liners in the coming 10-years.
Carton liners are gaining increasing momentum in the packaging of metal and related products, thereby escalating demand for carton liners and sales of carton liners. Moreover, the rust protection role of VCI (Volatile Corrosion Inhibitors) carton liners is accounting for greater gains in the carton liners market.
With significant advances in packaging technologies, key carton liners market players are focusing on the production of intelligent carton liners featuring the Modified Interactive Packaging (MIP) system, especially for food packaging.
These products help extend the shelf life of products by minimizing condensation and inhibiting the development of micro-organisms, which cause decay. That is why there is witnessed a surge in demand for carton liners along with sales of carton liners.
Key Carton Liners Market Takeaways and Projections
- The U.S. is expected to lead the North america carton liners market, projecting the fastest growth in the region between 2022 and 2032.
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.
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Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of carton liners market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
It also provides a list of leading players and recent development in the global carton liners market. Some of the prominent market players are Encore Poly,Insulated Products Corporation, Plascon Group, Sancell, Alpine Packaging, Inc., Heritage Packaging, American Plastics Company, Protective Lining Corp., Prior Packaging, and Chantler Packages.
Global Carton Liners Market: Segmentation
By Material:
- Polyethylene
- Polystyrene
- Aluminum Foil
- Others
Application:
- VCI (Volatile Corrosion Inhibitors)
- Thermal Protection
- Static Shielding / ESD Protection
- Moisture and Oxygen Barrier
- Others
End-Use Industry:
- Food Industry
- Metal Industry
- Automotive Industry
- Building & Construction Industry
- Chemical & Fertilizers Industry
- Healthcare Industry
- Others (Publications & Textiles)
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