Asia-Pacific shipping container liner market is expected to gain significant growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.3% in the forecast period of 2022 to 2029 and is expected to reach USD 681.83 million by 2029. The major factor driving the growth of the Shipping container liner market is the inclination towards food additive consumption in the food & beverage industry, rising popularity of shipping container liners in the chemicals, agricultural industry, and growing awareness regarding the properties of shipping container liners.
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 Asia-Pacific shipping container liner market Moreover, reusability and cost effectiveness of shipping container liners will propel the growth of the Asia-Pacific shipping container liner market. However, high transportation costs and increasing freight rates may hamper the growth of the market.
The Asia-Pacific 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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Market Definition
Container liners are the most economical means of packaging and transporting bulk dry, free-flowing products. They are of primary importance regarding packaging requirements for bulk deliveries of goods and other materials. When goods are moved from one geographical location to another, they naturally come into contact with natural elements such as oil, dust, air and soil, all of which can ruin or degrade the quality of the goods. There is a possibility that excessive contamination often renders goods unsuitable. Transported goods being rejected by the authorities, it is very important that the goods meet the quality standards set by the relevant government of the destination country. To prevent all these situations, bulk container liners are used as a protective layer. By using bulk container liners for transportation, goods are kept safe and contamination is completely avoided.
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
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.
- Increasing Demands For Large Packaging For Bulk Cargo Commodities
Container liners prevent the contamination of cargo and other products transported after packaging. It shields the bulk cargo from moisture and ensures that the cargo is shipped securely and hygienically. With container liners, very little handling is required in shipping, making all the operations easy. Manufacturers provide container liners in different designs and sizes to transport bulk cargo while ensuring product safety. Hence, the increasing demand for large packaging for bulk cargo commodities might create opportunities for the Asia-Pacific shipping container liner market.
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
Asia-Pacific Shipping Container Liner Market Scope
Asia-Pacific shipping container liner market is categorized based on type, and application. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Type
- Polypropylene (PP) Container Liners
- polyethylene (PE) Container Liners
- Others
Based on type, the Asia-Pacific shipping container liner market is classified into two segments polypropylene (PP) container liners, polyethylene (PE) container liners, and others.
Application
- Food And Beverages
- Chemicals
- Minerals
- Agricultural
- Others
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Competitive Landscape and Asia-Pacific Shipping Container Liner Market Share Analysis
Asia-Pacific shipping container liner market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies focus on the Asia-Pacific shipping container liner market.
Some of the prominent participants operating in the Asia-Pacific 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 ASIA-PACIFIC INC., Bulk Handling Australia, Eceplast, Greif. LC Packaging, Thrace Group, CDF Corporation, Composite Containers, LLC, INTERTAPE POLYMER GROUP, and BULK FLOW among others.
Asia-Pacific Shipping Container Liner Market Regional Analysis/Insights
Asia-Pacific shipping container liner market is segmented on the basis of type and application.
The countries in the Asia-Pacific shipping container liner market are Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia & New Zealand, and the Rest of Asia-Pacific. China is dominating the Asia-Pacific shipping container liner market in terms of market share and market revenue due to growing awareness of the excellent characteristics and properties of shipping container liner in the region.
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