Liner Bags Market Trends, Analysis, Industry Growth and Forecast to 2031 – Indian Defence News

2022-07-02 05:17:14 By : Ms. Tracy Lei

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.

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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.

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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.

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