Liner Bags Market: An Overview
Liner bags are becoming more predominant for packaging of good owing to its superior strength and sustainable nature. Liner bags are mainly used for the packaging of materials in various industries as well as for collecting waste also. In the recent few years, end-users consumers have shifted their preferences towards eco-friendly and high sustainable packaging solutions. These liner bags consist of several features such as shrink resistance, light-weight, leakage proof, wear and tear resistance, long-lasting nature, minimum maintenance etc. Liner bags are frequently used in food service restaurants, shopping malls, industrial area and other venues. Liner bags can be considered as a suitable alternative for conventional plastic bags as it offers fewer benefits such as cost-effective, lightweight and easily disposable. Also, liner bags can be used as liner on drums, barrels, gaylords, storing flour, sweetens, cereal, fertilizer and many more for effective packaging and waste collection as well. The rising demand for these liner bags market across the globe due to its ease of applicability and eco-friendly outlook is propelling the market growth. The rapid growing urbanization and increasing mandates for transportation and handling of packaging by various countries is generating considerable demand for liner bags.
Liner Bags Market: Dynamics
In developed markets, the adoption of liner bags is high as compared to emerging markets. The penetration of the food & beverage industry supports the green movement and welcomes packaging products that are highly sustainable and easy to use. Due to growth in packaging industry the demand for liner bags has increased. In addition to this, for convenient and cost-effective liner bags the demand has increased due to the rising disposable income and purchasing power of the end users. Over the forecast period, the demand is expected to grow for the liner bag market as people are more focusing on the hygiene and cleanliness environment that surrounds them. Some factors such as advanced packaging and techniques are expected to contribute to the growth of the liner bags market. Thus, many manufacturers are showing interest in eco-friendly packaging solutions. Reusable packaging solutions might be expensive but are a more profitable investment in the long run when compared to single-use packaging solutions. Product innovation like liner bags with enhanced odour control benefits have more popularity among consumers and similarly this increases the demand of liner bags. Additionally, the consumption of liner bags has increased due to more focus on the innovative idea of decomposition method which drives the growth of the liner bags market.
Strict implementation measures to contain the single use plastic by the government of several countries restraints the growth of the liner bags market. The government banned single use plastic products which are harmful to the environment, specifically the oceans, lakes, rivers, and the wildlife that occupy water bodies. Due to sustainability concern, the governments and the related regulatory bodies have imposed bans on single use plastic to reduce plastic footprints. Besides, governments of several European countries have imposed extra charges and increased taxation on the use of single use plastic product which is restraining the growth of the liner bags market.
Liner Bags Market: Segmentation
Liner bags market can be segmented by material, capacity, distribution channel and end-user.
By Material, the liner bags market can be segmented as
- Polyethylene (PE)
- Low-density polyethylene (LDPE)
- Linear low-density polyethylene (LLDPE)
- High-density polyethylene (HDPE)
- Polypropylene (PP)
By End-user, the liner bags market can be segmented as
By Capacity, the liner bags market can be segmented as
- 10 to 25 kg
- 20 to 50 kg
- 50 to 75 Kg
- Above 75 kg
By Distribution channel, the liner bags market can be segmented as
- Convenience stores
- Speciality stores
Liner Bags Market: Regional Outlook
Based on the geography, the liner bags market is categorized into North America, Latin America, Europe, South Asia, East Asia, and MEA regions. The consumption of liner bags is rising globally. Rising awareness associated with clean & hygienic surroundings in the North America region the liner bags market is expected to grow more in the region. Back on the several factors such as low production cost, rapid industrialization, government initiatives and growing incomes, Asia pacific liner bags market is anticipated to witness astonishing market growth during the foreseeable future. Latin America and the Middle East & Africa are expected to witness slow and steady growth over the forecast period for the liner bags market. In Latin America, several countries are expected to create market opportunities for manufacturers in the liner bags market. On the other hand, rising food service outlets and growing demand for packaged food in the Europe region is reinforcing the liner bags market growth to a certain extent.
Liner Bags Market: Key Players
Key players in the liner bags market are,
- Aristo Flexi Pack.
- GLOBAL-PAK, INC.
- National Bulk Bag
- A-Pac Manufacturing Co., Inc.
- Southern Packaging, LP
- AAA Polymer
- Dana Poly, Inc.
- Berry Global Inc.
- International Plastics Inc.
- Polyethics Industries
The report liner bags market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on cement packaging market segments and geographies.
Regional Analysis Includes-
- North America
- Latin America
- Asia Pacific
- Middle East & Africa (MEA)
- A detailed overview of the parent market
- Changing liner bags market dynamics in the industry
- In-depth liner bags market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments in the liner bags market
- Competitive landscape
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for players to sustain and enhance their market footprint
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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