The Drum Liners Market size is estimated at USD 141.30 million in 2024, and is expected to reach USD 177.52 million by 2029, growing at a CAGR of 4.67% during the forecast period (2024-2029).
Drum liners are made of plastic films like polyethylene or polypropylene and are used to collect, store, and handle garbage in various industries, such as chemicals, food, and coatings. They come in different shapes, like round or flat bottom, and sizes from 5 to 55 gallons. They are flexible, rigid, or semi-rigid based on their use. They fit well in steel, plastic, or fiber drums and can be tailored for different needs, like food-grade or anti-static liners.
These liners help industries package chemicals, food ingredients, and powders, making drum recycling easier and cutting costs. However, while they are popular, concerns about environmental impact are leading to more sustainable options. The demand for eco-friendly fiber drums is growing in the market, even though they may not work well with certain chemicals and need to be disposed of after one use. Drum liners may be the solution to make fiber drums more compatible and less wasteful. Moreover, the drum liner market is booming due to the rising need for flexible packaging and affordable liners. The variety of liners available is also driving this demand. However, the strict rules on using plastic in manufacturing have slowed down market growth. Fortunately, the development of eco-friendly and reusable plastics for making drum liners is opening up new opportunities for growth.
A key driver of the drum liner market is the expansion in chemical warehousing and storage. More than 45% of the global chemical warehousing and storage market is contributed by countries like the United States, China, South Korea, Japan, and Saudi Arabia. This upsurge is a direct result of the rise in demand for chemicals and the imperative need for secure, efficient packaging solutions across diverse industrial sectors. As chemical warehousing and storage continue to witness substantial growth worldwide, the drum liner market is anticipated to experience a corresponding surge, meeting the escalating demands of these industries for reliable and protective packaging solutions. The drum liners are required for the export activity of chemicals and flammable items such as petroleum.
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Drum liners are made of plastic films like polyethylene or polypropylene and are used to collect, store, and handle garbage in various industries, such as chemicals, food, and coatings. They come in different shapes, like round or flat bottom, and sizes from 5 to 55 gallons. They are flexible, rigid, or semi-rigid based on their use. They fit well in steel, plastic, or fiber drums and can be tailored for different needs, like food-grade or anti-static liners.
These liners help industries package chemicals, food ingredients, and powders, making drum recycling easier and cutting costs. However, while they are popular, concerns about environmental impact are leading to more sustainable options. The demand for eco-friendly fiber drums is growing in the market, even though they may not work well with certain chemicals and need to be disposed of after one use. Drum liners may be the solution to make fiber drums more compatible and less wasteful. Moreover, the drum liner market is booming due to the rising need for flexible packaging and affordable liners. The variety of liners available is also driving this demand. However, the strict rules on using plastic in manufacturing have slowed down market growth. Fortunately, the development of eco-friendly and reusable plastics for making drum liners is opening up new opportunities for growth.
Drum Liners Market Trends
Chemicals and Flammables is the Fastest Growing Segment
Drum liners cater to a diverse range of end users across various industries. In manufacturing, these liners find application in storing chemicals, pharmaceuticals, food products, and waste materials, reflecting their versatile utility. However, drum liners play a crucial role in liquid chemical packaging by providing a protective barrier within drums, shielding the stored chemicals from the container. Primarily catering to the chemical industry, these liners snugly fit inside drums. The escalating demand for chemicals, propelled by robust packaging needs in the pharmaceutical and food sectors, drives the requirement for drum liners.A key driver of the drum liner market is the expansion in chemical warehousing and storage. More than 45% of the global chemical warehousing and storage market is contributed by countries like the United States, China, South Korea, Japan, and Saudi Arabia. This upsurge is a direct result of the rise in demand for chemicals and the imperative need for secure, efficient packaging solutions across diverse industrial sectors. As chemical warehousing and storage continue to witness substantial growth worldwide, the drum liner market is anticipated to experience a corresponding surge, meeting the escalating demands of these industries for reliable and protective packaging solutions. The drum liners are required for the export activity of chemicals and flammable items such as petroleum.
Asia-Pacific is the Fastest Growing Market
The Asia-Pacific region is witnessing a robust surge in the drum liner market through substantial investments from multinational packaging companies. These investments align with the rapidly increasing requirements of supermarkets and hypermarkets in the area, complemented by governmental initiatives to boost the manufacturing ecosystem. This proactive approach has led to robust growth in the drum liner market within this region. Additionally, the expanding influence of the Asia-Pacific region has reshaped the industry landscape, witnessing the emergence of new packaging players alongside prominent companies establishing retail establishments in this area. Its anticipated growth in Asia-Pacific is primarily attributed to countries like China, Japan, and India, which are poised to be critical drivers propelling the expansion of the drum liner market in the region.Drum Liners Industry Overview
The drum liners market is fragmented with the presence of many players. The market presents opportunities for growth during the forecast period, which is expected to drive market competition. The key market players are strategically focused on expanding their geographic reach and product portfolios. This approach aims to gain a competitive edge by offering customers a broader range of products. The key players include Greif Inc., Berry Global Inc., Sealed Air Corporation, Bemis Company Inc., and WINPAK LTD.Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
This product will be delivered within 2 business days.
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS AND INSIGHTS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Methodology
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