Global Shrink Drum Liner Market
The Global Shrink Drum Liner Market was valued at US$ 116.98 million in 2021 and it is expected to reach at US$927.80 million in 2027 at a CAGR of 24.33% during forecast period 2022-2027.
One of the strongest and most reliable materials utilised in the construction of industrial packing containers is shrink lining. When using drums to transport or store products and cargo, shrink rum liner shields the plastic, steel, or fibre drums from damage. One of these is a shrink drum liner, which shields the drum from semi-solid liquids, powder-based chemicals, and other materials. While maintaining structural reliability, shrink drum liners work well throughout a wide range of pressure, temperature, and humidity. They are also impervious to flame and heat, and they don't leak or spill. These barrels maintain optimal working conditions while being impervious to implosion and thermal stress.
Market Drivers
The chemical industry and the storage and transportation of hazardous or dangerous items both employ shrink drum liners as packaging alternatives. The safest shipping containers are shrink drum liners. As a result, the chemical industry now accounts for a sizeable portion of the shrink drum liner market, which is projected to fuel the market's expansion. Additionally, the market's growth is being significantly accelerated by an increase in the use of flexible packaging. Rising product consumption for waste collection, storage, and handling is another major reason driving the shrink drum liner market during the anticipated period.
Market Restraints
Shrink liner drum market expansion is anticipated to be substantially constrained by the availability of substitutes such plastic drums, steel drums, and other containers due to their insulation and lightweight qualities. Fibre drums are another popular option that is less in weight and easier to handle, which is further restricting the market's expansion to some extent.
Market Segmentation
The global shrink drum liner market segmented into material, packaging type and end-user. By material it segmented into polyethylene, high density polyethylene, polypropylene, polyvinylchloride, polyester, others. By packaging type it segmented into flexible, rigid, semi-rigid. By end user it segmented into chemicals and flammables, adhesives, inks and coatings, food products, cosmetic materials, others.
Regional Analysis
The global shrink drum liner market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. Due to the rising consumption of packaged goods, North America currently controls the shrink drum lining business both financially and commercially. Furthermore, the market for shrink drum liners will expand even more in this region as food demand rises. Due to the significant output of chemicals and increasing industrialization in this region, Asia-Pacific is predicted to have the quickest rate of development during the forecast period.
Key Players
Various key players are listed in this report such as Greif (U.S.), Berry Global Inc. (U.S.), Sealed Air (U.S.), Intertape Polymer Ltd (U.S.), Bollore Group (France), Syfan (U.S.), SABIC (Saudi Arabia), Schlichter GmbH (Germany), New Pack Ltd. (U.K.), Ervisa.com (U.S.).
Market Taxonomy
By Material
By Packaging Type
By End-User
Key Question Addressed by the Report
Global Shrink Drum Liner Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Shrink Drum Liner Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Shrink Drum Liner Market, By Material
5.1 Y-o-Y Growth Comparison, By Material
5.2 Global Shrink Drum Liner Market Share Analysis, By Material
5.3 Global Shrink Drum Liner Market Size and Forecast, By Material
5.3.1 Polyethylene
5.3.2 High Density Polyethylene
5.3.3 Polypropylene
5.3.4 Polyvinylchloride
5.3.5 Polyester
5.3.6 Others
6 Global Shrink Drum Liner Market, By Packaging Type
6.1 Y-o-Y Growth Comparison, By Packaging Type
6.2 Global Shrink Drum Liner Market Share Analysis, By Packaging Type
6.3 Global Shrink Drum Liner Market Size and Forecast, By Packaging Type
6.3.1 Flexible
6.3.2 Rigid
6.3.3 Semi-Rigid
7 Global Shrink Drum Liner Market, By End-User
7.1 Y-o-Y Growth Comparison, By End-User
7.2 Global Shrink Drum Liner Market Share Analysis, By End-User
7.3.1 Chemicals and Flammables
7.3.2 Adhesives
7.3.3 Inks and Coatings
7.3.4 Food Products
7.3.5 Cosmetic Materials
7.3.6 Others
8 Global Shrink Drum Liner Market, By Region
8.1 Global Shrink Drum Liner Market Share Analysis, By Region
8.2 Global Shrink Drum Liner Market Share Analysis, By Region
9 North America Shrink Drum Liner Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Shrink Drum Liner Market Share Analysis, By Material
9.3 North America Shrink Drum Liner Market Size and Forecast, By Packaging Type
9.4 North America Shrink Drum Liner Market Size and Forecast, By End-User
9.5 North America Shrink Drum Liner Market Size and Forecast, By Country
9.5.1 U.S
9.5.2 Canada
9.5.3 Mexico
10 Europe Shrink Drum Liner Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Shrink Drum Liner Market Share Analysis, By Material
10.3 Europe Shrink Drum Liner Market Size and Forecast, By Packaging Type
10.4 Europe Shrink Drum Liner Market Size and Forecast, By End User
10.5 Europe Shrink Drum Liner Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Shrink Drum Liner Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Shrink Drum Liner Market Size and Forecast, By Material
11.3 Asia Pacific Shrink Drum Liner Market Size and Forecast, By Packaging Type
11.4 Asia Pacific Shrink Drum Liner Market Size and Forecast, By End User
11.5 Asia Pacific Shrink Drum Liner Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Shrink Drum Liner Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Shrink Drum Liner Market Size and Forecast, By Material
12.3 Latin America Shrink Drum Liner Market Size and Forecast, By Packaging Type
12.4 Latin America Shrink Drum Liner Market Size and Forecast, By End User
12.5 Latin America Shrink Drum Liner Market Size and Forecast, By Country
12.5.1 Brazil
12.5.2. Rest of Latin America
13 Middle East Shrink Drum Liner Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle Shrink Drum Liner Market Share Analysis, By Material
13.3 Middle Shrink Drum Liner Market Size and Forecast, By Packaging Type
13.4 Middle Shrink Drum Liner Market Size and Forecast, By End User
13.5 Middle Shrink Drum Liner Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1. Greif (U.S.)
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Development
15.1.6 Key Strategies
15.2. Berry Global Inc. (U.S.)
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Sealed Air (U.S.)
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4. Intertape Polymer Ltd (U.S.)
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5. Bollore Group (France)
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6. Syfan (U.S.)
15.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7. SABIC (Saudi Arabia)
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8. Schlichter GmbH (Germany)
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9. New Pack Ltd. (U.K.)
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10. Ervisa.com (U.S.)
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
