Release Liners Market Growth Analysis, Segmentation, Size, Share, Trend, Future Demand and Leading Players Updates by Forecast to 2029
The global release liners market size is set to enter a period of dynamic expansion on account of the increasing demand for release liners from the food and beverages industry. This information is contained in a report by Fortune Business Insights™, titled “Release Liners Market, 2022-2029”.
A release liner is a product that carries a sticky substrate i.e. pressure sensitive adhesive until it is ready for its next step. There has been an increasing demand for release liners from the food and beverages industry as the release liners are used in packaging a wide range of food products. Further, these liners also enable easy handling, converting, and assembly without the adhesive medical products sticking together. Thus, this is an important factor responsible for the growth of this market.
However, the rising concerns regarding the waste disposal created after the usage of release liners is projected to impede the growth of this market.
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On the basis of application, this market is divided into labels, pressure sensitive tapes, hygiene products, industrial, graphic arts, medical, and others. In terms of geography, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
This report contains an in-depth analysis of the market drivers, trends, and restraints, along with a granular assessment of the various segments of the market. In addition, valuable insights into the regional opportunities impacting the market are also incorporated into the report, as well as a holistic examination of the major market players and their dominant strategies.
Rising Investments in the Chemicals Industry to Fuel the Market
The governments of several countries across the world are putting a lot of efforts for the development of chemicals and materials industry by making huge investments in this industry owing to a large number of small-scale as well as medium-scale companies present in the countries such as the US, India, Japan, Germany, and others. Thus, this is a vital factor responsible for the growth of this market.
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Increasing Demand for Convenience Food Products to Boost the Asia Pacific Market Growth
Asia Pacific region is projected to dominate the release liners market share on account of the rising demand for convenience food products in the countries such as India, China, and others.
North America region is anticipated to grow speedily in this market due to the increasing number of release liner manufacturing companies in the countries such as the US and Canada.
Rising Production of Release Liners by Key Players to Animate Competition
The leading companies in the release liners market are concentrating on increasing their production capabilities of release liners across several regions in this market. This will help the key companies to expand their business horizons and strengthen their market position.
September 2018: Mondi Plc launched a new product Sustainex, a type of biodegradable paper liners to a form fill seal type of product that reduces the use of plastic by 70%.
List of Key Players Covered in the Release Liners Market Report:
Mondi Plc, Westrock Company, Pudumjee Paper Products, Asian Pulp & Paper Company, Ahlstrom-Munksjö Oyj, BPM Inc., KRPA Holding CZ.
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