Global Shipping Container Liners Market 2017-2021
About Shipping Container Liners
Container liners are used as a protective covering. These liners protect goods or materials stored inside the container from moisture and contamination, and ensure safe and hygienic transportation. Container liners are installed inside the container, creating an inner wall, after which goods or materials are stored in it. The global shipping container liners market has been segmented based on the end-users and geography.
Technavio’s analysts forecast the global shipping container liners market to grow at a CAGR of 3.42% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global shipping container liners market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Shipping Container Liners Market 2017-2021
Technavio recognizes the following companies as the key players in the global shipping container liners market: Berry Global, Greif Flexible Products & Services, and SINOPACK INDUSTRIES.
Other Prominent Vendors in the market are: Big Bags International, Bulk Handling Australia, Bulk-Flow, Eceplast, Intertape Polymer Group, LC Packaging, Norseman, POWERTEX, Protek Cargo, UNITED BAGS, and Ven Pack.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is expected increase in demand for cold chain logistics from pharmaceutical sector. It is expected that cold chain logistics by sea freight will increase during the forecast period. The pharmaceutical industry is one of the key users of cold chain logistics. In general, pharmaceutical companies use air freight and trucking transportation services for their transportation requirements.”
According to the report, one driver in the market is growing seaborne trade. Seaborne trade in terms of volume has been growing continuously since 2009. It is expected that it will continue to grow further during the forecast period. The volume is expected to grow on the lines of the growing world gross domestic product (GDP) and increased demand for goods and materials produced in different regions. In addition, as the population continues to raise the demand for various goods produced or manufactured in different regions, the need for transportation also increases.
Further, the report states that one challenge in the market is expected increase in raw material prices. Polypropylene (PP) is widely used for making container liners. It is derived from crude oil. The prices of PP are expected to increase due to the expected rise in the prices of crude oil. The price of crude oil decreased in the past due to the increased production of crude oil by countries, such as Russia and Canada. The removal of sanction on Iran also added to the influx of crude oil in the market. Moreover, the US has increased its production of crude oil using fracking technology.
Berry Global, Greif Flexible Products & Services, SINOPACK INDUSTRIES, Big Bags International, Bulk Handling Australia, Bulk-Flow, Eceplast, Intertape Polymer Group, LC Packaging, Norseman, POWERTEX, Protek Cargo, UNITED BAGS, and Ven Pack.