The Shipping Container Liners Market is being driven by Growing seaborne trade
The Shipping Container Liners Market is expected to grow at a CAGR of 3.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 257.9 million. The pharmaceutical sector is anticipated to witness a significant growth in cold chain logistics via sea freight during the forecast period. Traditionally, this industry relies heavily on air freight and trucking for transportation needs, with less than 10% of their volume being transported via ocean freight. While air freight offers swift delivery, its high cost is a significant challenge for pharmaceutical companies, which typically allocate 5% to 10% of their revenue to logistics expenses. Amidst escalating price pressures from governments and intensifying competition from the generic medicine market, optimizing logistics costs through ocean freight is an attractive proposition for pharmaceutical firms.
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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 |
230 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.8% |
Market growth 2025-2029 |
USD 257.9 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
3.5 |
Key countries |
US, China, Germany, Japan, UK, India, South Korea, Canada, Italy, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Shipping Container Liner Market encompasses the production, materials, and applications of liners used to protect and secure goods inside containers. Key aspects include container liner material durability, thickness, and weight, as well as ventilation, insulation, cleaning, repair, and replacement. Cost, recycling, innovation, technology, standardization, certification, safety, regulations, and certification are also significant factors.
The container liner market is characterized by a complex supply chain, involving various stakeholders from raw material suppliers to intermodal transport providers, freight shipping companies, and end-users in maritime logistics. Raw materials for container production include metals such as steel, aluminum, and tin for metal containers, borosilicate, neutral glass, soda-lime-silica glass, treated soda-lime glass, de-alkalized soda-lime glass, and regular soda-lime glass for glass containers, and high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyethylene terephthalate (PET), polypropylene (PP), and polyvinyl chloride (PVC) for plastic containers. Each stage of the supply chain plays a crucial role in ensuring the timely delivery of high-quality container liners to meet the demands of the freight shipping industry.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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