NEWARK, DE / ACCESSWIRE / June 8, 2023 / From 2023 to 2032, the Europe liners market is anticipated to expand at a CAGR of 3.8%. It is set to have grown from US$ 912.1 million in 2023 to US$ 1,261.6 million by 2032.
At the end of 2022, the market had a value of US$ 874.9 million. In 2023, it's expected to expand by 4.2% year over year.
Future Market Insights (FMI) predicts that in the anticipated time frame, the market will likely generate an absolute dollar potential of US$ 386.7 million. During the projection period, it is expected to increase by 1.4 times the value of the existing market.
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The need for liners in the region is anticipated to increase as a result of the rising distribution reach of meat firms in Europe. In order to serve a wider spectrum of clients, meat businesses in Europe are expanding their distribution channels. They are doing so in response to the rising demand for meat products and increased emphasis on food safety & hygiene.
Liners that offer excellent defense against moisture, contamination, and other environmental conditions during transportation & storage are in greater demand. High-density polyethylene (HDPE) and other cutting-edge material liners are in high demand as they provide better durability & resilience to environmental variables.
The liner market in Europe is anticipated to increase significantly owing to the food & beverage sector, particularly the segment that deals with packaging and meat processing. The use of liners in the sector is being fueled by rising demand for packaged meat products and increased emphasis on sustainability & eco-friendliness.
Key Takeaways:
- The Europe liners market showcased a CAGR of 2.0% during the historical period from 2017 to 2022.
- The United Kingdom liners market is anticipated to offer an incremental opportunity of US$ 30.0 million over the next ten years.
- Germany's liners market stood at a valuation of around US$ 277 million in 2022.
- By material, the HDPE sub-segment is likely to create an incremental value of US$ 67.4 million during the forecast period.
- Based on end use, the meat sub-segment segment is set to exhibit a CAGR of 2.0% from 2023 to 2032.
"Rising trade and the growing e-commerce sector have both contributed to increasing demand for packaging materials such as liners. With the expansion of online shopping, dependable packaging solutions are required to safeguard goods while they are being sent. Liners would aid in creating a barrier of protection, preserving the integrity of goods, and reducing damage," - says a lead analyst at Future Market Insights (FMI).
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Competitive Landscape:
Manufacturers that cater to food companies are constantly focusing on providing custom barrier properties for different types of products to enhance their shelf life. Europe-based liner manufacturers are engaging in technological advancement and innovative product launches to enhance their market share.
For instance,
- Europe-based liner manufacturer, Flexipol, launched a gas flush dolav liner, an innovative alternative to a conventional gas flush dolav liner. Gas flush dolav liners from Flexipol firmly encircle the top of the dolav. As a result, the liners can't budge into the dolav. These liners can also lengthen the product's shelf life. These liners can be customized with logos to make them easier to recognize.
- Europe-based liner manufacturer, Polystar Plastics, has designed several liners, from small box liners to large dolav liner bags. Food-grade polythene liners are BRC-approved and manufactured using exclusive environmentally friendly, green materials.
- High-Density Polyethylene
- Low-Density Polyethylene
- Linear Density Polyethylene
- Polypropylene
Market Outlook by Categorization:
By Material:
- Plastic
- Paper
- Aluminum Foil
By Thickness:
- Less than 3 millimeter
- 3 to 5 millimeter
- 6 to 8 millimeter
By Product Type:
- Box Liners
- Bulk Box Liners
- Octabin Liners
- Drum Liners
- Gas Flush Dolav Liners
By End-use:
- Meat Packaging
- Meat
- Seafood
- Poultry
- Fruits & Vegetables
- Bakery & Confectionery
- Processed Food
- Dairy
- Other Food
By Country:
- Germany
- Spain
- Russia
- Italy
- United Kingdom
- France
- BENELUX
- Nordic
- Poland
- Rest of Europe
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Table of Content (ToC):
1. Executive Summary
1.1. Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies
5. Market Demand Analysis 2017 to 2022 and Forecast, 2023 to 2032
5.1. Historical Market Volume (Units) Analysis, 2017 to 2022
5.2. Current and Future Market Volume (Units) Projections, 2023 to 2032
5.3. Y-o-Y Growth Trend Analysis
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About the Packaging Division at Future Market Insights (FMI):
The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, and packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.
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About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.
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SOURCE: Future Market Insights, Inc.
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