Release Liner Market: Food and Beverage, Pharmaceutical Industries Demanding Enhanced Packaging Quality Offer Crucial Breaks

The global release liner market has been analyzed by Transparency Market Research (TMR) in a new research study to entertain a vastly competitive landscape and hold a fragmented nature on account of an outsized pool of industry players. Further in the study, the authors have foreseen some popular names taking the driver’s seat in the market, such as Loparex Holding B.V., UPM, Rayven Inc., Gascogne Group, and Avery Dennison Corp.

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In the present scenario, these companies could be looking to cement their position in the global release liner market while riding on fresh marketing strategies and technological innovations of current products. Howbeit, the focus has been anticipated to shift toward product innovation during the course of time. Other strategies that could be adopted in the market are partnerships and mergers and acquisition.

As per the statistics of the TMR report, the global release liner market has been expected to reach a US$17.0 bn by 2024 at a 6.30% CAGR. In 2015, the revenue valuation had touched a US$10.0 bn. According to labeling technology, pressure sensitive labeling has been predicted to attain a dominating share of over 44.0% by the concluding forecast year. Geographically, the Asia Pacific market had achieved a larger share of US$3.2 bn in 2015.

Wide Range of End Users Dedicate Focus on Better Labeling, Amplifying Demand

A tremendous rise in demand in the world release liner market has been prognosticated to be on the cards due to the augmenting importance of better labeling in a broad scope of end-use sectors. Besides this, surging investments directed toward the improvement of packaging quality in the pharmaceutical and food and beverages sectors could bode well for the growth of the market. There could be an elevating demand for quality labeling and packaging worldwide in view of the extensive upswing in global trade.

Apart from Asia Pacific, the Middle East and Africa could give a strong push to the demand in the world release liner market since the region is still in its preliminary phase. Although the market has obtained some incremental improvements in the recent time, there could still be room for true innovation as marked on the part of downgauged substrates, radiation curing, and lower platinum silicone content. Other innovations that have been envisaged to take shape in the latter years of the forecast period could be fully compostable liner and adhesive and compostable films.

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Market Runs into Complications with Inflated Cost of Release Liners

The extortionate cost of release liners has been foretold to impede the growth in demand. Moreover, significant initial investment required to organize manufacturing units could limit companies to enlarge their business, thereby deleteriously influencing the overall growth of the international release liner market.

However, leading markets such as Asia Pacific have been prophesied to create revenue opportunities on the back of the increase in the erection of new manufacturing units. Besides pressure sensitive, the sleeving technology could up the level of demand in the market due to its high efficiency. The increasing global population size improving the demand for superior labeling and packaging has been projected to favor players with more prospects in the offing.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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This release was published on openPR.