The Drum Liner Market is being driven by Growth of global chemical warehousing and storage market
The Drum Liner Market is expected to grow at a CAGR of 3.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 102.6 million. In the drum liner market, sustainability is prioritized throughout the entire value chain, from raw material sourcing to the recovery of used end-products. Manufacturers are committed to reducing landfills by utilizing recycled materials, such as natural resins and man-made polymers, which are easily recyclable. The production process employs thermoforming, blow molding, and heat-sealing techniques with minimal energy consumption and carbon emissions. Customized drum liners are produced to meet end-users' specific requirements, ensuring efficiency and waste reduction. By implementing sustainable practices at every stage, drum liner manufacturers are reducing their environmental footprint and contributing to a more eco-friendly industry.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
241 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.4% |
Market growth 2025-2029 |
USD 102.6 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
3.2 |
Key countries |
US, China, India, Japan, Germany, France, UK, Italy, Canada, and Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Drum Liner Market encompasses plastic films such as Polyethylene, Polypropylene, and Polyester, primarily used in Flexible Packaging. Emerging economies present significant Revenue Pockets for this industry. Flat bottom Drums with Elastic Liners are popular for transporting Chemicals and Flammables, Adhesives, Inks and Coatings, Food Products, and Cosmetic Materials. Flexible materials like Elastic Drum Liners offer advantages in terms of cost-effectiveness and ease of use.
In the complex and diverse drum liner market, various stakeholders play pivotal roles in ensuring the production and distribution of high-quality liners. The supply chain encompasses raw material suppliers, who provide essential inputs such as HDPE, LDPE, PET, PP, and PVC. Furthermore, metal container raw material providers, including steel, aluminum, and tin, as well as glass container raw material suppliers, offering borosilicate, neutral glass, soda-lime-silica glass, treated soda-lime glass, de-alkalized soda-lime glass, and regular soda-lime glass, contribute significantly to the market. These inputs are then utilized in the research, development, manufacturing, and distribution stages to meet the demands of diverse industries, ultimately reaching end-users through various channels.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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