Release Liner Market Driven by Pharmaceutical and Food and Beverage Industries
By the end of the forecast period, 2024, the report has projected the opportunities in release liner market to be worth US$17.0 bn across the globe, which is significantly higher than its evaluated valuation of US$10.0 bn in 2015.
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One of the featured aspect of this TMR report is its section on competitive landscape and how it will pan out in the near future. The report detects intense battle among many vendors operating in the global release liner market, making the scenario fragmented.
That being said, a few players do hold a position of strength, such as UPM, Loparex Holding B.V., Rayven Inc., Avery Dennison Corp., and Gascogne Group.
Based on labeling technology, the market for release liner market has been segmented into adhesive applied, pressure sensitive labeling, in-mold, and sleeving, with the segment of pressure sensitive labeling projected to constitute 44.0% of the overall demand by the end of the forecast period.
This is primarily a reflection of factors such as increased need for packaging for pharmaceuticals and food and beverages. On the other hand, sleeving technology is also anticipated to gain considerable momentum in the near future owing to high level of efficiency provided by it to release liners.
Region-wise, Asia Pacific currently serves the maximum demand, with the demand worth projected to reach a valuation of US$3.2 bn by the end of 2015. Presence of large pool of manufacturers and increasing construction of new manufacturing facilities are a few factors driving the demand of release liner from APAC.
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Need for Better Labeling from Various End Users Driving Demand
Advent of digital label printing technology, increasing usage of release liners in premium hygiene products, growing demand for film-based liners in medical industry, and escalating emphasis on improved labelling in various end-use industries are some of the key factors favoring the global release liner market.
The report notes that the escalation in demand for release liner across the globe has been prognosticated to be on the cards owing to the growing importance of better labeling in a broad scope of end-use sectors. In addition to that, increased investments for the enhancement of packaging quality in the food and pharmaceutical sectors may prove to be a boon for the market in the near future.
Moreover, the regions of Asia Pacific and the Middle East and Africa may offer a strong traction to the demand in the world release liner market as the region is emerging from 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.
On the other hand growing preference for shrink sleeve labels over pressure sensitive labels, need for adequate processes to dispose release liner waste, and low purchasing power of several manufacturers are a few factors obstructing the prosperity of the global release liner market.
Nevertheless, the vendors operating in this market will gain new opportunities from Pdms-based release liners for industrial applications.
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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.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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