The 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.
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.
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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
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
Asia-Pacific Shipping Container Liner Market Scope
Type
- Polypropylene (PP) Container Liners
- polyethylene (PE) Container Liners
- Others
Application
- Food And Beverages
- Chemicals
- Minerals
- Agricultural
- Others
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Asia-Pacific Shipping Container Liner Market Regional Analysis/Insights
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.
Competitive Landscape and Asia-Pacific Shipping Container Liner Market Share Analysis
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.
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