The global carton liners market size is expected to be valued at USD 32.9 billion in 2023. Pharmaceutical cold chain packaging bolsters the overall scope for carton liners market, which is projected to grow at a CAGR of 5.2% between 2023 and 2033, totaling around USD 54.6 billion by 2033.
Data Points | Key Statistics |
---|---|
Carton Liners Market Value 2023 | USD 32.9 billion |
Carton Liners Market Projected Value (2033) | USD 54.6 billion |
Carton Liners Market CAGR (2023 to 2033) | 5.2% |
The growing concern about environmental sustainability has led to a significant shift in consumer preferences and purchasing behavior. Consumers are increasingly seeking products that align with their eco-conscious values, and this has extended to the packaging industry. Businesses, as a result, are under increasing pressure to adopt eco-friendly packaging solutions to meet consumer demands and reduce their environmental footprint.
Carton liners made from biodegradable and recyclable materials offer a sustainable packaging option that addresses these concerns. Biodegradable materials can naturally break down and decompose over time, minimizing the environmental impact and reducing the burden on landfills. On the other hand, recyclable materials can be collected and processed to create new products, promoting a circular economy and conserving natural resources.
One of the significant advantages of eco-friendly carton liners is their ability to replace single-use plastic liners. Traditional plastic liners can take hundreds of years to decompose, contributing to the global plastic waste problem and posing a threat to wildlife and ecosystems. In contrast, biodegradable and recyclable carton liners present a more responsible and planet-friendly alternative.
The adoption of eco-friendly carton liners can enhance a company's brand image and reputation among consumers. Businesses can attract eco-conscious consumers, build brand loyalty, and differentiate themselves from competitors, by showcasing a commitment to sustainability and environmental responsibility.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The global demand for carton liners increased at a CAGR of 3.0% during the forecast period between 2018 and 2022, reaching a total of USD 54.6 billion in 2033.
According to Future Market Insights, a market research and competitive intelligence provider, the carton liners market was valued at USD 31.3 billion in 2022.
The rapid growth of the e-commerce and online retail industry has revolutionized the way consumers shop, presenting significant opportunities and challenges for the packaging sector. More and more consumers are turning to online shopping for their everyday needs, with the convenience of shopping from home and a wide range of products available at the click of a button. The shift in consumer behavior has resulted in a substantial increase in the volume of goods being shipped worldwide.
Carton liners play a crucial role in the e-commerce and retail industry by ensuring the safe and secure delivery of products to customers' doorsteps. The liners are designed to provide an additional layer of protection to products within the shipping boxes, safeguarding them from damage during transit. Fragile and delicate items, such as electronics, glassware, cosmetics, and other sensitive goods, greatly benefit from the added cushioning and shock-absorption properties of carton liners.
Carton liners contribute to enhancing the unboxing experience for customers, making it more enjoyable and memorable. Customized carton liners with branding, logos, or eye-catching designs add a touch of personalization, fostering a positive brand perception and encouraging customer loyalty. A well-packaged and attractive unboxing experience can leave a lasting impression on consumers, increasing the likelihood of repeat purchases and word-of-mouth recommendations.
In the highly competitive e-commerce landscape, where customer satisfaction is paramount, ensuring the safe delivery of products is essential. Damaged or broken items can result in customer complaints, returns, and negative reviews, all of which can have a detrimental impact on a brand's reputation and bottom line. Carton liners help mitigate these risks by providing an extra layer of protection, reducing the chances of product damage and ensuring that customers receive their orders in perfect condition.
Technological Advancements is Likely to be Beneficial for Market Growth
Technological advancements in manufacturing processes and materials have played a significant role in transforming carton liners from simple protective barriers to sophisticated and functional packaging solutions. The advancements have opened up new possibilities, allowing carton liners to cater to a broader range of industries and applications.
One key area of technological innovation in carton liners is the development of specialized coatings and treatments. For example, anti-static coatings are increasingly being applied to carton liners to prevent the buildup of static electricity. In industries where electronic components or sensitive devices are being shipped, such as the electronics industry, static electricity can pose a significant risk of damage. Anti-static carton liners help dissipate electrical charges, ensuring that the packaged items remain safe during transport.
Another area of advancement is the introduction of moisture-resistant coatings. The coatings provide an additional layer of protection against moisture and humidity, safeguarding the packaged products from potential water damage. Moisture-resistant carton liners are particularly valuable when shipping goods that are susceptible to moisture, such as pharmaceuticals, food items, and electronics.
Advancements in material science have led to the development of high-performance materials for carton liners. Manufacturers now have access to a wide range of materials, each with specific properties suited to different applications. For instance, corrugated board, kraft paper, and micro-flute materials offer varying degrees of strength, flexibility, and durability, allowing carton liners to be customized according to the specific needs of the products being shipped.
Increasing Use in Industrial Packaging to Fuel the Market Growth
The use of carton liners in industrial packaging has gained significant traction due to the unique advantages they offer for the safe and efficient handling of bulk and heavy items. The industrial sector encompasses a wide range of industries, including manufacturing, construction, automotive, and machinery, among others, all of which require robust packaging solutions to protect their products during storage and transportation.
One of the primary reasons for the increased use of carton liners in industrial packaging is their ability to provide an additional layer of protection to the goods being shipped. Industrial products, especially bulk and heavy items, are often more susceptible to damage during handling and transit due to their size and weight. Carton liners act as a cushioning and protective barrier, preventing physical impacts, abrasion, and surface scratches that can occur during movement or loading and unloading processes.
Carton liners offer excellent resistance against dust and moisture. In industrial environments, particularly in warehouses and manufacturing facilities, dust and dirt can accumulate on stored items over time, compromising their quality and appearance. Carton liners act as a barrier, preventing the ingress of dust and contaminants, thus preserving the integrity of the products.
Moisture is a common concern in many industrial applications. Carton liners with moisture-resistant coatings or materials act as a shield against humidity and external moisture, ensuring that the packaged items remain dry and unaffected, even in challenging environments.
By material, polyethylene (PE) segment is estimated to be the leading segment at a CAGR of 5.1% during the forecast period.
The Polyethylene (PE) segment is expected to boost the growth of the carton liners Market. Polyethylene is a versatile and widely used material known for its excellent strength, flexibility, and moisture resistance, making it a preferred choice for various packaging applications, including carton liners.
Polyethylene carton liners offer exceptional protective properties, acting as a barrier against moisture, dust, and contaminants. They help preserve the quality and integrity of the packaged goods during storage and transportation, making them ideal for protecting a wide range of products.
Polyethylene is available in various forms, such as high-density polyethylene (HDPE) and low-density polyethylene (LDPE), each with distinct properties. The versatility allows manufacturers to tailor the carton liners to specific requirements, ensuring they meet the unique needs of different industries and products.
Polyethylene is a cost-effective material, making it an attractive option for businesses seeking efficient and affordable packaging solutions. Its availability and widespread use contribute to its cost-effectiveness, making it a popular choice for carton liners, particularly for high-volume packaging needs.
Based on the end-use, the food & beverage segment holds the largest share of the market. The segment is expected to hold a CAGR of 5.1% during the forecast period.
The food and beverage industry requires reliable and hygienic packaging solutions to protect perishable items during storage and transportation. Carton liners provide an additional layer of protection against moisture, contaminants, and external elements, ensuring the freshness and quality of food products. The demand for carton liners in the food and beverage sector is expected to grow, as consumer preferences for fresh and ready-to-eat food increase.
The stringent regulations and standards related to food safety and hygiene are driving the adoption of advanced packaging solutions in the food industry. Carton liners help food manufacturers comply with these regulations by offering a secure and clean packaging option. Carton liners with appropriate barrier properties are gaining prominence, as the industry continues to prioritize food safety.
Carton liners can be customized with attractive designs and branding, enhancing the shelf appeal of packaged food products. They provide a convenient packaging solution for various food items, such as grains, cereals, and powdered products. The demand for carton liners in the food and beverage sector is expected to rise, as consumers seek convenience and visually appealing packaging.
Growth prospects of the carton liners market are high in the Asia Pacific market, which includes East Asia and South Asia & Pacific, is primarily owing to the increased use of cartons in packaging and shipments. China is expected to remain at the forefront of the Asia Pacific’s carton liners market. The region is expected to hold a CAGR of 5.1% over the analysis period.
High growth opportunities for the carton liners market and sales of carton liners are also expected in India and ASEAN countries, with a steady growth of trade activities and an increasing number of local carton liners market players in the region.
An embrace of research and development is underway in the carton liners market to leverage bioplastics and other eco-friendly materials to address mounting concerns over plastic pollution across the globe.
The strong presence of innovative companies in developed regions will continue to impact the growth of the carton liners market as well as boost demand for carton liners and escalate sales of carton liners.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Key players in the carton liners market are strongly focusing on profit generation from their existing product portfolios along while exploring potential new applications. The players are emphasizing on increasing their carton liners production capacities, to cater to the demand from numerous end use industries. Prominent players are also pushing for geographical expansion to decrease the dependency on imported carton liners.
Recent Developments:
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | USD Billion for value and Tons for Volume |
Key Regions Covered | North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel. |
Key Segments Covered | Application, End Use, Material Type, Region |
Key Companies Profiled | Encore Poly; Insulated Products Corporation; Plascon Group; Sancell; Alpine Packaging, Inc.; Heritage Packaging; American Plastics Company; Protective Lining Corp.; Prior Packaging; Chantler Packages |
Report Coverage | Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The global carton liners market is expected to grow at a 5.2% CAGR from 2023 to 2033.
By 2023, the global carton liners market is estimated to gain USD 32.9 billion.
By 2033, the carton liners market valuation can reach a sum of USD 54.6 billion.
In 2033, Asia Pacific is expected to hold a CAGR of 5.1% of the market during the forecast period.
The most popular material segment is polyethylene (PE) and is expected to witness a CAGR of 4.4% during the forecast period.
The most popular end-use segment is food & beverage, and is expected to hold a CAGR of 4.4% during the forecast period.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material 5.1. Polyethylene 5.2. Polystyrene 5.3. Aluminum Foil 5.4. Others 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. VCI (Volatile Corrosion Inhibitors) 6.2. Thermal Protection 6.3. Static Shielding / ESD Protection 6.4. Moisture and Oxygen Barrier 6.5. Others 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-Use Industry 7.1. Food Industry 7.2. Metal Industry 7.3. Automotive Industry 7.4. Building & Construction Industry 7.5. Chemical & Fertilizers Industry 7.6. Healthcare Industry 7.7. Others (Publications & Textiles) 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Encore Poly 18.2. Insulated Products Corporation 18.3. Plascon Group 18.4. Sancell 18.5. Alpine Packaging 18.6. Heritage Packaging 18.7. American Plastics Company 18.8. Protective Lining Corp 18.9. Prior Packaging 18.10. Chantler Packages 19. Assumptions & Acronyms Used 20. Research Methodology
Explore Packaging Insights
View Reports