Transparency Market Research, in its latest market intelligence study, finds that the global Drum Liner market registered a value of ~US$ xx Mn/Bn in 2018 and is spectated to grow at CAGR of xx% during the foreseeable period 2019-2029. In terms of product type, segment holds the largest share, while segment 1 and segment 2 hold significant share in terms of end use.
The Drum Liner market study outlines the key regions – Region 1 (Country 1, Country 2), region 2 (Country 1, Country 2), region 3 (Country 1, Country 2) and region 4 (Country 1, Country 2). All the consumption trends and adoption patterns of the Drum Liner are covered in the report. Prominent players, including player 1, player 2, player 3 and player 4, among others, account for substantial shares in the global Drum Liner market.
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The global drum liner market can be segmented on the basis of material type, packaging type, by size, by product type, by end-use and by region. On the basis of material type drum liner market can be segmented into Polyethylene (PE), High Density Polyethylene (HDPE), Polyvinylidenchloride (PVDC), Polypropylene (PP), Polyvinylchloride (PVC), Polyester (PET), Polyamide (PA), liner blend polythene, Medium Density Polythene (MDPE), Metallocene Polythene (MPE), degradable polythene, woven polypropylene, biodegradable polythene, and co-extruded plastic bags. On the basis of packaging type drum liner market can be segmented into flexible drum liner, rigid drum liner and semi-rigid drum liner. On the basis of size drum liner market can be segmented into 10 to 25 liters, 25 to 40 liters, 40 to 55 liters, and above 55 liters. On the basis of product type drum liner market can be segmented into shrink liner, round bottom liner, flat bottom liner, elastic drum liners and others. On the basis of applications drum liner market can be segmented into chemicals and flammables, adhesives, inks & coatings, food products including greases and oils, cosmetic materials, and others. On the basis of region, the global bundling film has been segmented into North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA).
Drum Liner Market – Market Dynamics:
Growth in demand for drum liner is expected to grow steadily for several reasons. Increasing demand for flexible packaging is one of the major reason which is driving the growth of drum liner. Moreover, increasing disposable income and purchasing power of consumers are in turn expected to lead to increasing demand for convenient and cost-effective carry bags. Furthermore, existence of big and small retailers and increasing consumer preference for using cheap local products has created a highly competitive environment for big brands of drum liners. Also, increasing awareness among consumers about protecting the environment followed by strict regulatory landscape imposing bans on single use plastic bags, adoption of green and ecofriendly and reusable plastic bags & sacks is gaining traction.
Drum Liner Market – Regional Outlook
Drum liner market has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa (MEA), and Latin America. Among these region, North America, and Europe is expected to collectively dominate the market throughout the forecast period due to huge retail industry. However, many multinational packaging companies are ramping up their investments in Asia Pacific to tap the growing needs of supermarkets and hypermarkets in the region and government support towards boosting manufacturing ecosystem. Furthermore, Asia Pacific rise in prominence has resulted in organizational changes – many new packaging entrants have emerged over the last few years, and many leading companies has set up their retail outlet in the region. Asia Pacific is expected to be primarily driven by China, Japan, and India . Latin America and the Middle East & Africa are expected to witness slow and steady growth over the forecast period. In Latin America, Brazil and Mexico are expected to create market opportunities for companies involved in intravenous product packaging.
Drum Liner Market – Major Players:
Some of the major players identified across the globe in the drum liner market are Allied Plastics, Berry Plastic Corporation, Clorox Australia Pty Limited, Terdex, Toray Industries, Treofan Germany GmbH & Co., SMEC Limited, Cosmoplast, Heyuan Ruijian Plastic Products Co., Ltd., International Plastics, Kemii Garbage Bag Co. Ltd., Luban Pack, Novplasta, S.R.O., Steiner Electric Company, Mitsubishi Chemicals, Bolloré Group, and Shanghai Xishu Electronic Material Company Ltd., Weifang Wellform Packaging Industry & Trade Co. Ltd., Tongcheng Tianbai Plastic Co., Ltd., Anhui Province Tianle Plastic Co., Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
The Drum Liner market research answers important questions, including the following:
- What was the number of units of the Drum Liner sold in 2018?
- Which distribution channel is best suitable for the distribution of Drum Liner ?
- How are the vendors overcoming the challenges associated with the use of Drum Liner ?
- What R&D projects are the Drum Liner players implementing?
- Which segment will lead the global Drum Liner market by 2029 by product type?
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The Drum Liner market research serves a platter of the following information:
- In-depth analysis of the drivers, restraints, opportunities and trends influencing the growth of the global Drum Liner market.
- Critical breakdown of the Drum Liner market as per product type, and end use industry.
- Exhaustive understanding of the strengths, weaknesses, opportunities and threats of various Drum Liner market players.
- Precise year-on-year growth of the global Drum Liner market in terms of value and volume.
- Regional analysis further broken down into countries for minute details.
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