Valley Cottage, NY — 11/10/2017 — Logistics is an integral component of modern day trade, and the industry has witnessed dynamics shift over the past decade. Ocean freight transportation shipping continue to remain as one of the key contributor to the global logistics and supply chain. In 2015 approximately 352Mn TEU of goods transported through containers by top 30 ports globally. A substantial growth in demand for ocean transportation viz. a viz. containers also resulted in proliferation of allied products and industries. Container liner is one of such product which surfaced and is flourishing on the backdrop of growth in container shipping industry. Furthermore, businesses dependence on safety and uncontaminated container shipping is another conducive factor for the growth of containers liners, coupled with regulatory hurdles posed by respective authorities in different countries.
Container liners are used as a protective layer over containers, which prevents the goods from moistures and dampness. Moreover, these dry bulk liners save the packaging cost. The container liner market will keep increasing as a result of the improved quality of products and enhancing cold logistics services provision in spite of the international crisis, due to emergent markets buying and more demanding clients.
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Container Liner Market- Market Segmentation:
Global container liner market is segmented on the basis of product type, by materials type, by dimensions and by region. On the basis of product type the global container liner market can be segmented as ventilated containers, refrigerate containers, tank containers, open-top containers, and other (flat containers, high cube containers etc.). On the basis of materials type, container liner market can be segmented into Polypropylene / High density Polyethylene woven Fabric, Polyethylene heavy gauge film, cross laminated Polypropylene films and HDPE Fabric reinforced films. On the basis of dimensions, container liner market can be segmented into ISO 20' and ISO 40'. On the basis of end use the global container liner market can be segmented as food & beverages, healthcare, industrial goods, personal care, others (household products, oil & lubricants, agricultural products, and sporting goods).
Container Liner Market – Market Dynamics:
Container liner market between 2012 and 2015 registered a Y-o-Y of close to 5%, which was further subjected to regional deviations. Increase in ocean as well as inland transportation of bulk and powder products primarily contributed to this growth. The growth is projected to reflect similar trend however, with an optimistic market sentiments. Another significant contributor to this demand is most of the industries are using container liners to protect their goods and to save transportation cost. On the other hand, the restraining factor towards the growth of the container liner market is due to downturn of the US and European economics. The disturbance between Russia and other European countries reflected the drop in demand for container shipping as well as container liners market.
Container Liner Market – Regional Outlook:
Geographically, the global container liner market is segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and the Middle East & Africa (MEA). The global container liner market is expected to witness a stable CAGR over the forecast period of 2016-2024. Moreover, North America is expected to be the largest container liner market in terms of container liners, due to the rising consumption of industrial products. Apart from this, the wide evolution of the container shipping and low freight rates is expected to boost further the sales of the container liner packaging market in Asia Pacific by the end of the forecast period of 2016-2024.
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Container Liner Market – Major Players:
Some of the major players identified across the globe in the container liner market are SINOPACK INDUSTRIES LTD, Greif Flexible Products & Services, Berry Plastics, Mondi Group, Bemis Company Inc., Premier Tech Chronos, POWERTEX, Norseman, Boxon Group, Bulk Handling Australia (BHA), Big Bags International Private Limited, Jumbo Bag Corporation, United Bags,Inc., Intertape Polymer Group.
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