MRRSE has added a new research report on the "Release Liner Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024" to its collection.
Release liner market pressure-sensitive labeling technology-based release liners to witness continued increase in consumption
1. Release Liner Market - Pressure-sensitive Labeling
Technology-based Release Liners to Witness Continued
Increase in Consumption
Report Description
The demand for release liners is highly influenced by the
progress in the packaging industry. The growing preference
2. for innovative and quality packaging all over the world,
together with the rising investments in the pharmaceuticals
and the food and beverages industries, is likely to further
boost the global market for release liners over the
forthcoming years.
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Driven by a widespread usage of release liners in pressure
sensitive applications, the opportunity in this market is
expected to increase from US$10.0 bn in 2015 to US$17.0 bn
by 2024, rising at a CAGR 6.30% between 2016 and 2024.
3. During the same period of time, the consumption volume is
estimated to increase at a 4.30% CAGR.
Pressure-sensitive Labeling Technology-based Release Liners to
Witness Continued Increase in Consumption
Adhesive applied, pressure sensitive labeling, in-mold, and
sleeving are the prime labeling technologies utilized in
release liners. Thanks to the heightened need for packaging
for food and beverages and pharmaceutical products, the
consumption of pressure sensitive labeling-based release liners
has been greater than other liners. In terms of revenue, this
segment is projected to retain its dominance throughout the
4. forecast period and account for a share of more than 44% by
2024.
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The sleeving technology segment is also anticipated to gain
significant momentum in the coming years due to the high
level of efficiency provided by it to release liners. On the
other hand, the adhesive applied technology segment will
witness a decline in its market share over the forecast
period.
Asia Pacific to Continue as Global Leader
5. The worldwide market for release liners is spread across Asia
Pacific, the Middle East and Africa, Latin America, North
America, and Europe. Among these, Asia Pacific surfaced as
the leading regional market in 2015 with US$3.2 bn in
revenues. Researchers expect this regional market to remain
dominant over the forecast period. The presence of a large
pool of manufacturers, as well as vendors of release liner
products, in Asia Pacific is the key factor behind the growth
of this regional market. Apart from this, the increasing
construction of new manufacturing facilities in various Asian
countries, such as Indonesia and Malaysia is also projected to
boost the Asia Pacific markets for release liners over the
forthcoming years.
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The Middle East and Africa is also anticipated to exhibit a
healthy rise in the demand for release liners in the near
future, as the market is in its introductory phase in this
region. However, Latin America may have to experience a
stagnant rise in the years to come, as the regional market is
moving towards maturity. Since the markets in North America
and Europe have already matured, they are likely to witness
sluggish growth over the next few years.
7. Some of the leading manufacturers of release liners across the
world are Mondi Group, Avery Dennison Corp., 3M, Gascogne
Group, UPM, Rayven Inc., and Loparex Holding B.V.
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