Packaging Lining Market Trends and Forecast
The future of the global packaging lining market looks promising with opportunities in the food & beverage, electronic, and industrial markets. The global packaging lining market is expected to grow with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are increased demand for sustainable packaging solutions, stringent regulations promoting product safety and integrity, and growth in e-commerce.
• Lucintel forecasts that paper is expected to witness the highest growth over the forecast period.
• Within this market, food & beverage is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
United States: Sealed Air Corporation announced a $30 million investment to expand its manufacturing capacity for sustainable packaging solutions, aiming to reduce plastic waste and improve recyclability.
Germany: BASF SE introduced a new biodegradable packaging lining product designed to meet stringent EU regulations on plastic waste reduction, targeting a significant market share increase by 2025.
Japan: Nippon Paper Industries launched an eco-friendly lining for food packaging, aligning with JapanÄX%$%Xs national target to cut plastic waste by 25% by 2030, enhancing their portfolio with sustainable alternatives.
India: UFlex Limited revealed plans to develop an advanced recyclable packaging lining technology, supported by a government initiative promoting circular economy practices and reducing single-use plastics.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Packaging Lining by Segment
The study includes a forecast for the global packaging lining by type, application, and region.
Packaging Lining Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Paper
• Plastic
• Rubber
• Others
Packaging Lining Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Food & Beverage
• Electronics
• Industrial
• Others
Packaging Lining Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Packaging Lining Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies packaging lining companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the packaging lining companies profiled in this report include-
• JMP Holdings
• Arena Products
• Linertech
• Protective Lining Corp
• LC Packaging
• Plascon
• DS Smith
Recent Development in the Packaging Lining Market
DuPont: Sustainable Solutions - DuPont introduces eco-friendly packaging lining made from renewable materials, reducing carbon footprint and promoting sustainability efforts.
3M: Advanced Barrier Technology - 3M unveils innovative packaging lining with enhanced barrier properties, extending shelf life of perishable goods and ensuring product freshness.
BASF: Antimicrobial Coating - BASF launches packaging lining integrated with antimicrobial coating, providing protection against microbial contamination and ensuring food safety.
Sonoco: Customized Solutions - Sonoco introduces customizable packaging lining solutions, catering to diverse industry needs and enhancing product protection during transportation and storage.
Amcor: Recyclable Packaging - Amcor pioneers recyclable packaging lining solutions, addressing environmental concerns and promoting circular economy practices in the packaging industry.
Features of the Global Packaging Lining Market
Market Size Estimates: Packaging lining market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Packaging lining market size by type, application, and region in terms of value ($B).
Regional Analysis: Packaging lining market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the packaging lining market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the packaging lining market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for packaging lining market?
Answer: The global packaging lining market is expected to grow with a CAGR of 4.1% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the packaging lining market?
Answer: The major drivers for this market are increased demand for sustainable packaging solutions, stringent regulations promoting product safety and integrity and growth in e-commerce.
Q3. What are the major segments for packaging lining market?
Answer: The future of the packaging lining market looks promising with opportunities in the food & beverage, electronic, and industrial markets.
Q4. Who are the key packaging lining market companies?
Answer: Some of the key packaging lining companies are as follows:
• JMP Holdings
• Arena Products
• Linertech
• Protective Lining Corp
• LC Packaging
• Plascon
• DS Smith
Q5. Which packaging lining market segment will be the largest in future?
Answer: Lucintel forecasts that paper is expected to witness the highest growth over the forecast period.
Q6. In packaging lining market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the packaging lining market by type (paper, plastic, rubber, and others), application (food & beverage, electronics, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Packaging Lining Market Market, Packaging Lining Market Market Size, Packaging Lining Market Market Growth, Packaging Lining Market Market Analysis, Packaging Lining Market Market Report, Packaging Lining Market Market Share, Packaging Lining Market Market Trends, Packaging Lining Market Market Forecast, Packaging Lining Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.