Release Liner Market – Lucrative Opportunities Across Globe

The global release liner market is highly competitive in nature with a presence of several players operating in it across the globe, states a new market research report by Transparency Market Research. The key players in the global market are emphasizing on development of new product in order to enhance their product portfolio and market penetration across the globe. Furthermore, the leading players in the market, namely Rayven Inc., Mondi Group, 3M, Loparex Holding B.V., Avery Dennison Corp., UPM, and Gascogne Group are expected to invest in research and development activities to encourage their growth throughout their forecast period. In addition to this, the rising number of mergers and acquisitions and strategic collaborations are anticipated to generate potential growth opportunities for the market players throughout the forecast period.

In the last few years, Asia Pacific led the global release liner market and is estimated to continue with its dominance throughout the forecast period. The high growth of this region can be attributed to the presence of a large number of manufacturers and vendors. In addition to this, the rising construction of new manufacturing units is also one of the key factors expected to accelerate the growth of the Asia Pacific market in the coming years.

Moreover, the rising contribution from Malaysia and Indonesia are estimated to offer growth opportunities in the coming years. Furthermore, the Middle East and Africa is predicted to register a promising growth throughout the forecast period, thanks to the growing demand for release liners across diverse application segments.

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Among the major segments of the labeling technology, pressure sensitive labeling is estimated to account for more than 44% of the global market in the next few years. The high growth of this segment can be attributed to the rising need for packaging for food and beverages and pharmaceuticals. On the flip side, the sleeving segment is estimated to gain traction throughout the forecast period, thanks to the high level of efficiency that is being offered by the release lines.

Rising Demand for Digital Label Printing Technology to Accelerate Growth

The rapid development of the packaging industry is one of the key factors estimated to encourage the growth of the global release lines market in the next few years. The rising preference of consumers for high-quality and innovative packaging has resulted in a significant rise in the demand for release liners across the globe. Furthermore, the increasing investment in the food and beverages and pharmaceutical industries is considered as another major factor estimated to enhance the growth of the global market in the coming few years.

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Release Liner Market – Technology-based Release Liners to Witness Continued Increase in Consumption

As per the estimations of a fresh intelligence study by Transparency Market Research (TMR), the demand in the global release liner market will expand at a notable CAGR of 6.30% during the forecast period of 2016 to 2024. By the end of the forecast period, 2024, the report has projected the opportunities in release liner market to be worth US$17.0 bn across the globe, which is significantly higher than its evaluated valuation of US$10.0 bn in 2015.

One of the featured aspect of this TMR report is its section on competitive landscape and how it will pan out in the near future. The report detects intense battle among many vendors operating in the global release liner market, making the scenario fragmented. That being said, a few players do hold a position of strength, such as UPM, Loparex Holding B.V., Rayven Inc., Avery Dennison Corp., and Gascogne Group.

Based on labeling technology, the market for release liner market has been segmented into adhesive applied, pressure sensitive labeling, in-mold, and sleeving, with the segment of pressure sensitive labeling projected to constitute 44.0% of the overall demand by the end of the forecast period. This is primarily a reflection of factors such as increased need for packaging for pharmaceuticals and food and beverages. On the other hand, sleeving technology is also anticipated to gain considerable momentum in the near future owing to high level of efficiency provided by it to release liners. Region-wise, Asia Pacific currently serves the maximum demand, with the demand worth projected to reach a valuation of US$3.2 bn by the end of 2015. Presence of large pool of manufacturers and increasing construction of new manufacturing facilities are a few factors driving the demand of release liner from APAC.

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Advent of digital label printing technology, increasing usage of release liners in premium hygiene products, growing demand for film-based liners in medical industry, and escalating emphasis on improved labelling in various end-use industries are some of the key factors favoring the global release liner market. The report notes that the escalation in demand for release liner across the globe has been prognosticated to be on the cards owing to the growing importance of better labeling in a broad scope of end-use sectors. In addition to that, increased investments for the enhancement of packaging quality in the food and pharmaceutical sectors may prove to be a boon for the market in the near future. Moreover, the regions of Asia Pacific and the Middle East and Africa may offer a strong traction to the demand in the world release liner market as the region is emerging from its preliminary phase. Although the market has obtained some incremental improvements in the recent time, there could still be room for true innovation as marked on the part of downgauged substrates, radiation curing, and lower platinum silicone content. Other innovations that have been envisaged to take shape in the latter years of the forecast period could be fully compostable liner and adhesive and compostable films.

On the other hand growing preference for shrink sleeve labels over pressure sensitive labels, need for adequate processes to dispose release liner waste, and low purchasing power of several manufacturers are a few factors obstructing the prosperity of the global release liner market. Nevertheless, the vendors operating in this market will gain new opportunities from Pdms-based release liners for industrial applications.

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