North America Container Liner Market - 2022-2029

Market Overview

The North America container liner market size was worth US$ XX million in 2021 and is estimated to reach US$ XX million by 2029, growing at a CAGR of 3.4% during the forecast period (2022-2029).

The most cost-effective method for transporting large quantities of dry, free-flowing goods is container liners. Regarding the requirements for packaging bulk shipments of goods, commodities and other items, they are necessary. It is normal for commodities to come into touch with natural materials like oil, dust, air, soil, etc., while transported from one geographic place to another. The quality of the goods may be ruined and the commodities may frequently become inappropriate if there is sufficient contamination.

Any dry food, including wheat, rice, coffee, pulses, sugar and other foods, can be packaged using container liners. Container liners provide a cost-effective, protective and value packaging solution for packing that is safe and free of contamination.

Market Dynamics

The market in the region is anticipated to be driven by trade activities in North America and the benefits of container liners. Nevertheless, the shaky international trade practices could hamper the expansion.

Growing trade activities in North America

In addition, UNCTAD said in its report on the evaluation of marine transport for 2019 that the yearly percentage change in the volume of exports from U.S. was 4.2% and the volume of imports was 5.3%, demonstrating the expansion of trade activity in this area.

According to a survey by Cushman & Wakwfield, intermodal traffic in U.S. climbed by up to 5.5% in 2018, setting a record for the fifth year in a row with high volumes. Both domestic and international freight are included in this book. Moreover, overall TEU (twenty-foot equivalent unit) inbound traffic to the top North American container ports increased by around 6.0% from 2017 and loaded outgoing volumes by about 2.0%. It displays the growth rate of container liners necessary for safe packaging.

The advantages of safety and reusability of container liners

Sometimes it is ineffective to ship some materials exclusively in containers. Applying container liners helps make shipping these commodities much simpler, faster and more economical. These liners are best used when transporting food, seeds, powders and minerals. One major benefit of container liners is that they are a relatively affordable solution that aids in reducing cross-contamination. Shipping businesses must clean the inside of the container between each transit if the container liners are not utilized or they must use a single container for only one type of item because powder and food products might contaminate the surface of containers.

The highly unstable international trade activities

Due to their detrimental effects on trade activities, market imbalances brought on by fluctuating dollar prices, pressure on rates brought on by trade conflicts and new environmental air-emission control measures are limiting market expansion. The delivery of gigantic container ships consistently, the ongoing COVID-19 epidemic and weak trade growth put extra pressure on freight rates in 2020 and prior years.

Nearly 2% of global marine trade was impacted by U.S. and China's tariff war in 2018 and the first few months of 2019. It also impacted markets for associated services and goods depending on bilateral trade. However, by mid-2019, increased trade tensions and greater expenses brought on by the new 2020 International Maritime Organization (IMO) regulation on sulfur fuel restrictions had an adverse influence on the market of North America.

COVID-19 Impact Analysis

Agricultural seeds, grains, fertilizers and other dry bulk goods like sand, ash and silica, which have been in lower demand during the pandemic, are typically transported in containers lined with rubber or plastic. COVID-19 has significantly impacted the volume of imports into North America due to transportation constraints.

The volume of imports has significantly changed in the top 20 U.S. ports. Lockdowns in the world economy also caused supply and demand interruptions, negatively affecting industries. A Goldman Sachs analysis claims that the second quarter of 2020 saw a staggering 24% decline in U.S. GDP, impacting freight movement worldwide. The COVID-19 pandemic caused a sharp decline in container shipments at Mexican ports in 2020.

Segment Analysis

By end-user, the North America container liner market is segmented into agriculture, chemicals, building & construction, food industry, mining and others.

The expanding building & construction

Container liners are additionally used to securely transport granular building materials without causing the containers' corrosion. It packages various materials, including asbestos, cement, clay, coal and other powder-type building supplies. The region's expansion of container liners is driven by rising demand for cutting-edge building construction and commerce activity.

Many types of container liners and loading and unloading techniques are employed for the shipping of building and construction items. For instance, free-flowing granular, powder, pellet or flaked materials are transported using front spout or backfill container liners. The liner can be loaded or discharged with one or both doors open.

Geographical Analysis

The rise in trade activities in U.S.

U.S. container liner market is expanding due to rising international trade activities and dependence on Asian nations for certain chemical and food items. As the second-most active nation in international trade, U.S. container shipping sector is the primary end-user of container liners.

For instance, U.S. is the second-largest exporter of containerized freight, having shipped roughly 11.9 million TEUs (twenty-foot equivalent units) of cargo abroad in 2014. To protect the cargo during transportation, the frenzied commercial activity also boosts demand for container liners in U.S., supporting the industry's expansion.

Competitive Landscape

Due to the existence of both domestic and international businesses, the container liner industry is concentrated. The key market participants are utilizing various growth methods, including new launches, acquisitions and partnerships, to boost the container liners market in the region.

Major North America container liner market companies include RLX Soultions Inc., Millennium Circuits Limited, Protek Cargo, Inc., NACB Group, United Bags, Inc., CDF Corporation, A-Flex, Clariant AG, Aimtron Electronics Pvt., Ltd. and Norseman Inc.

Grief Inc.

Overview: Greif is a market leader in the industrial packaging industry and is working to achieve its mission of becoming the greatest customer service organization in the world for this industry. Steel, plastic, fiber drums, intermediate bulk containers, refurbished containers, flexible products, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes, cores and a variety of specialty goods are all produced by the company. In addition, the business produces packaging accessories and offers filling, packaging and other services to various sectors.

Product Portfolio: Greif container liners provide an economical, protective and value-added packaging option that allows for the safe and contaminant-free transportation of goods. Container liners made of polypropylene and polyethylene are intended to transform any ISO shipping container into a bulk transport system for dry flowable goods, including powders, granules and food items. Greif offers lightweight, user-friendly woven liners for containers that carry dry bulk goods that are quick and simple to install.

Key Development: Greif, Inc. stated in April 2020 that it had successfully sold the Consumer Packaging Group ("CPG") business to Graphic Packaging Holding Company for US$85 million in cash.

Why Purchase the Report?

• Visualize the composition of the North America container liner market segmentation by material, type, capacity, application, end-user and country, highlighting the critical commercial assets and players.
• Identify commercial opportunities in the North America container liner market by analyzing trends and co-development deals.
• Excel data sheet with thousands of North America container liner market-level 4/5 segmentation points.
• Pdf report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players.

The North America container liner market report would provide access to an approx: 48 market data table, 65 figures and 202 pages.

Target Audience 2022

• Container Liner Providers/ Buyers
• Industry Investors/Investment Bankers
• Energy and Utilities & Research Institutes
• Emerging Companies
• Packaging Equipment Manufacturers