Future Market Insights predicts a booming cap liners market, reaching US$4.5 billion by 2034. This surge is fueled by the growing demand for convenient, on-the-go packaged food and beverages, especially in urban areas. The report dives deeper, exploring opportunities for cap liner manufacturers, the tamper-evident liner market, emerging cap sealing technology trends, and the impact of these liners on product security. Download a complimentary sample report for a comprehensive look.
NEWARK, Del., March 18, 2024 /PRNewswire/ -- Cap liners have become the most fundamental components of container packaging industries in the past few years. The global market valuation is estimated to be around US$ 3.50 billion for the year 2024. Ongoing sustainable push by consumers as well as businesses is set to change the face of the industry in the coming years.
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The expanding packaged food and beverage industry [https://www.futuremarketinsights.com/reports/packaged-food-market] due to urban dwellers' need for convenient and on-the-go consumption has played a significant role in the growth of the cap liner market. It can be confidently projected that the market is very likely to follow an upward trajectory of 2.60% CAGR in the forecast period of 2024 to 2034.
The acceptance of cap liners, especially heat induction cap liners, in the booming cosmetics and pharmaceutical industries is also one of the major drivers for this market. Manufacturing units are still preferring plastic liners despite environmental concerns by eco-conscious consumers and businesses due to their cost-effectiveness and non-reactiveness.
The cap liner market [https://www.futuremarketinsights.com/reports/cap-liner-market] is all set to surpass an overall valuation of US$ 4.50 billion by the end of 2034. The rapid industrialization and use of automated machinery and robots in the packaging world are very likely to change the way bottle and container packaging is implemented today.
Download the Sample PDF report to explore key market insights and trends:
https://www.futuremarketinsights.com/reports/sample/rep-gb-4451 [https://www.futuremarketinsights.com/reports/sample/rep-gb-4451]
"Companies in the cap liners industry must look for branding opportunities on the liners as they are the first thing visible when a consumer opens the container. This will help them create a memorable brand image in the minds of the consumers," opines an Ismail Sutaria [https://www.linkedin.com/in/ismail-sutaria-b597ab8b/] (Lead Consultant, Packaging and Materials at Future Market Insights, Inc.).
Key Takeaways from the Market Study
-- Plastic cap liners dominate the global cap liner market with a share of
46.10% in 2024.
-- Based on cap liner type, the heat induction cap liner leads the market
with a share of 41.50% in 2024.
-- The cap liner market in China is anticipated to grow at a CAGR of 3.70%
through 2034.
-- The cap liner market in India is estimated to rise at a 4.70% CAGR
through 2034.
-- The cap liner market in Thailand has the potential to increase at 2.90%
CAGR through 2034.
-- The Spanish cap liner market is predicted to rise by 2.50% CAGR through
2034.
-- The cap liner market in South Korea is very likely to grow at a CAGR of
1.90% through 2034.
Competitive Landscape
-- Cap liners are highly prominent in the global packaging industry, and
many companies entered the market during its early stages.
-- The demand for cap liners saw a significant increase due to the
expansion of the packaging industry, especially with the rise of
e-commerce in developing and developed countries.
-- Selig Sealing Inc., Amcor, DuPont Teijin Films, M.F.I. Capliners,
Bluemay Weston Limited, B&B Cap Liners LLC, Pres-On Corporation, and
Multipack Labels are some of the key players in the global cap liners
market.
-- These companies have established themselves on a global level with a
loyal consumer base across industries.
-- The companies are investing heavily in exploring sustainable and
eco-friendly ways of manufacturing cap liners to cater to the demands of
eco-conscious businesses and consumers.
-- The companies are also experimenting with branding opportunities by
making the cap liners interactive and engaging.
Purchase now [https://www.futuremarketinsights.com/checkout/4451] and gain full access to the Cap Liner Industry report, featuring comprehensive Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives.
Recent Developments:
-- In January 2024, TekniPlex launched recyclable paper-based liners for
bottles and jars, promoting sustainability and tamper evidence features.
-- In April 2021, Amcor introduced IMPRESSIONS, a technology co-developed
with MGJ, enabling customizable closure liners with CMYK color printing
for enhanced consumer engagement.
-- In May 2018, Eagle Packaging and Anheuser-Busch switched to Eastman
168(TM) non-phthalate plasticizer, improving the safety and freshness of
13 billion beer bottles annually.
About the Author:
Ismail Sutaria [https://www.linkedin.com/in/ismail-sutaria-b597ab8b/] (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail's strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor's Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show - Rise of the Intelligent Packaging [https://ind01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.futuremarketinsights.com%2Fevent%2Fthe-rise-of-intelligent-packaging&data=05%7C01%7Cronak%40futuremarketinsights.com%7Ca58a655bf5af47a9a34a08dbaa13068c%7C2c2d44fb6cf54387be6e654b04c062fc%7C0%7C0%7C638290770906057080%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=LiMwujSre7A8RcXzXG0VzvJcao5LgmIzDuW%2F15iFDa0%3D&reserved=0]. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
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