Asia-Pacific Shipping Container Liner Market, By Type (Polypropylene (PP) Container Liners, Polyethylene (PE) Container Liners, and Others), Application (Food and Beverages, Chemicals, Minerals, Agricultural and Others) - Industry Trends and Forecast to 2029.
Asia-Pacific Shipping Container Liner Market Analysis and Insights
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.
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2019 - 2014)
|
|
Quantitative Units
|
Revenue in USD Million
|
|
Segments Covered
|
By Type (Polypropylene (PP) Container Liners, Polyethylene (PE) Container Liners, And Others), Application (Food And Beverages, Chemicals, Minerals, Agricultural And Others)
|
|
Countries Covered
|
Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia & New Zealand, and the Rest of Asia-Pacific
|
|
Market Players Covered
|
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
|
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.
Asia-Pacific 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.
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.
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
- Shortage In Shipping Containers For Transportation
To mitigate these losses, new shipping containers are to be made to resume the efficient supply chain worldwide, but still, the number of containers present is much smaller than the actual number required. This difference in the number and shortage of shipping containers significantly affects the demand for container liners
Hence, this shortfall in shipping containers will negatively affect the container liner market and is expected to hamper the market's growth.
- Stringent Environmental Regulations
Due to many stringent rules and regulations, manufacturers think twice before indulging in such a business where many rules and regulations are to be followed while maintaining the proper guidelines. This serves as a major challenge for the shipping industry and ultimately affects 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
Based on application, the Asia-Pacific shipping container liner market is classified into five segments food and beverages, chemicals, minerals, agricultural and 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.
The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data point downstream and upstream value chain analysis, technical trends, porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
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.
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Data models include Vendor Positioning grids, Market Time Line Analysis, Market Overview and Guide, Company Positioning grids, Company Market Share Analysis, Standards of Measurement, Asia-Pacific Vs. Regional and Vendor Share Analysis. Please request an analyst call in case of further inquiry.
SKU-