EPE Liner Market Overview
According to latest research by Future Market Insights Research, The EPE Liner Market is set to witness a steady growth in forecast period 2021-2031 registering a CAGR up to 6.2%. Looking forward to the advancement and growth in protective packaging influences the use of EPE Liners in the packaging industry.
EPE Liners are used as container closers or cap closers in the packaging industry. The environmental effect of EPE is more than other polymers hence there is slow growth of the market globally
What is Driving Demand for EPE Liner Market?
EPE are Expanded Polyethylene Which have many qualities such as High strength, Resistance to chemical, extremely flexible, regaining of form, resistance to water and moisture, non-toxic, high insulation properties, easy to handle, superior shock absorbency etc. all these qualities lead to drive the demand of the market.
The EPE liners is widely used in the pharmaceutical products as it chemical resistance, Good shock absorber, Extremely flexible in nature, Water and moisture resistance, and high strength and can handle temp from 40-70 degrees, due to all these properties the demand of EPE liner in the pharmaceutical markets increases the demand of EPE liner globally.
EPE Liner is also used in the food and beverages industries and hence the demand increases globally.
The EPE Polymer is not biodegradable hence is harmful to environment this reason hampers the growth of the market.
Covid-19 effect and impact on EPE Liner Market
Covid-19 Pandemic hampered the growth of the market as the leading producer of EPE foam is India and China, the impact of covid-19 pandemic slowed down the growth of these two emerging countries hence had a negative impact on the EPE liner market. One Positive impact on the EPE Liner was the extensive use by the pharmaceutical industries in the covid-19 Pandemic.
The EPE liner Market is seemed to grow in forecast period with a constant growth rate.
US and Canada EPE Liner Market Outlook
Us and Canada region dominates the market globally. The increase of expenditure in innovating new and advanced technologies in the packaging materials leads the market growth. The Existence of the well-established manufacturer in the region sustains their position to be the table topper of the industry.
The increasing support of government fund raising policies for Research and Development sector in various industries helps as a starter in the growth of the market. The environmental cause of EPE hinders the growth of the market.
Europe & Asia Pacific Demand Outlook for EPE Liner Market
Europe holds the second position in the market as the pharmaceutical market in the region is well established and the EPE liners are mostly used by the pharmaceutical industries hence boosts the growth of the market in the region. The growing of protective packaging in the region hikes the growth of the market.
Asia-Pacific is the Leading Producer of EPE Foam and the fastest Developing region globally, India, China, Japan are the Fastest developing countries in the region. The presence of the of the raw material in this region is the major factor for the growth of market.
Who are the Key Manufacturers and Suppliers of EPE Liner Market?
According to FMI analysis
- Captel International Private Ltd
- Rhyno Flexipack
- Ziling packaging
- Action Pack Enterprises
- Wuxi Huitong
- Sing Home Polyfoam
- B&B Cap Liners LLC
are identified as the key players of the EPE liner market market.
The Report Covers Exhaustive Analysis on
- EPE Liner Market Segments
- EPE Liner Market Dynamics
- Historical Actual Market Size, 2016 - 2020
- market Size & Forecast 2021 to 2031
- EPE Liner Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Market Drivers and Restraints
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
By Product Type:
- 1-piece heat induction liner
- Half pull tab Liner
- White EPE
- White Vented EPE
- EPE Liner Wads
- Pre-cut discs
- Food & Beverages industries
- Packaging Industry
- Pharmaceutical industry
- Agro-chemical Industry
- North America
- Latin America
- South Asia
- East Asia
- Middle East and Africa