Liner Bags Market Soars: Future Market Insights Predicts a 3.9% CAGR Growth, Surpassing US$ 1,062.6 Million by 2032

Future Market Insight's study reveals: Liner bags (PE, PP) drive industry profitability, offering cost-effective, flexible packaging, minimizing resource usage.

NEWARK, DELAWARE, UNITED STATES OF AMERICA, November 21, 2023 /EINPresswire.com/ -- As per a latest research study by Future Market Insights (FMI), the global liner bags market is set to exhibit growth at a CAGR of 3.9% from 2022 to 2032. The market is estimated to surpass US$ 1,062.6 Million by the end of 2032 from US$ 724.8 Million in 2022.

Liner bags are the flexible packaging solutions used for packing & transporting products. They are also used for bulk products, which help in protecting such products from external natural elements. This also helps in keeping the product contamination-free.

Liner bags are made from different plastic materials based on the material properties and requirements such as polyethylene (PE), polypropylene (PP), and other plastic materials. Cost-effectiveness is the main advantage of using liner bags.

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Market leaders in various end-user industries are trying to reduce the cost incurred in the complete process of production and packaging of produced goods. To keep up with the cutthroat competition in modern-day industries, various key manufacturers are looking forward to minimizing the costs incurred in the packaging of their goods.

Flexible plastic packaging solutions such as liner bags provide producers of various goods with an option to reduce the cost incurred on the packaging of the products, as these packaging solutions are cheaper than other rigid packaging solutions. At a large scale production, manufacturers can reduce the cost incurred and eventually, it results in profit for end users.

Increased profit margins attract more and more end-user industries towards the adoption of liner bags as the preferred packaging type. Moreover, liner bags require less resources for packaging, and manufacturers can use the exact material required for packing a particular product that saves a lot of packaging materials from being wasted. Products packed in liner bags need comparatively lesser shelf space, which make them cost-effective.

Key Takeaways from Liner Bags Industry

Based on material, the polyethylene (PE) segment is estimated to hold around 63% of the liner bags industry share by the end of 2022.

The other plastic segment, including bioplastics, is projected to expand at a CAGR of 5.1% during the forecast period.

The online segment by distribution channel is anticipated to expand 1.5 times the current market value during 2022-2032.

The institutional segment based on end users is expected to expand by 4.7% CAGR during the forecast period.

China liner bags industry is anticipated to register a CAGR of 4.3% during 2022-2032.

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"Demand for liner bags is further boosted by the significant need to protect food, beverages, and chemical items from the outside environment. Liner bags also ensure lower packaging costs and promote environmentally friendly packaging solutions, which would push their demand among various end users." – says Senior Consultant Ismail Sutaria in Packaging at Future Market Insights (FMI).

Technological Advancements and Innovations to Reshape the Liner Bags Market

Manufacturers that cater to food companies are constantly focused on providing custom barrier properties for different types of products to enhance their shelf life. Liner bags manufacturers are thus engaging in technological advancements and innovative product launches to enhance their market share.

For instance, Europe-based liner manufacturer, Flexipol, has launched a gas flush dolav liner, an innovative alternative to a conventional gas flush dolav liner. Gas flushing is a process in which various types of inert gases such as nitrogen and carbon dioxide or other gases are injected inside, sucked out, and re-injected repetitively to remove oxygen from food packaging.

It is the most common type of modified atmosphere packaging. Gas flushing is done to improve the shelf life of the product. Flexipol's gas flush dolav liners overlap tightly around the top of the dolav. This prevents the liners slipping into the dolav.

Liner bags improve product shelf life and offer easy identification with printable logos. Polystar Plastics, a European manufacturer, creates a range of liner bags, including food-grade options approved by the British Retail Consortium, using environmentally friendly materials. Innovation and technology present lucrative growth opportunities in the liner bags market.

Competition Landscape: Liner Bags Market

Some of the key players operating in the liner bags market are Berry Global Inc., Mondi plc, Aristo Flexi Pack, Dana Poly, Inc., Plascon Group, Dagoplast AS, Flexipol, and UFlex Limited. Also, some of the other noticeable players in the market include Eceplast, AAA Polymer, A-Pac Manufacturing Co., Inc., GLOBAL-PAK, INC., and EMIL DEISS KG (GmbH + Co.) among others.

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Key Companies Profiled

Berry Global Inc.
Mondi plc
Aristo Flexi Pack
Dana Poly, Inc.
AAA Polymer
Plascon Group
A-Pac Manufacturing Co., Inc.
GLOBAL-PAK, INC.
Dagoplast AS
Flexipol
UFlex Limited
Eceplast
EMIL DEISS KG (GmbH + Co.)
Hymopack (ProAmpac)
Coveris Holdings S.A.

Liner Bags Market Outlook by Category

By Material:

Polyethylene (PE)
Polypropylene (PP)
Other (Bioplastics, etc.)

By Distribution Channel:

Online
Offline

By End User:

Food Service
Institutional
Household

Explore Trending Reports of Packaging

The global Inner bulk liners market is expected to reach US$ 3,645.9 Million by 2032. A CAGR worth 5.2% is expected for the market during the 2022 to 2032 forecast period.

The global box liners market is forecasted to thrive at a CAGR of 5.9% to exceed US$ 710.15 million by 2033.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Ankush Nikam
Future Market Insights, Inc.
+91 90966 84197
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