Market Size of Release Liners Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 16.10 Billion |
Market Size (2029) | USD 21.96 Billion |
CAGR (2024 - 2029) | 6.41 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Release Liners Market Analysis
The Release Liners Market size is estimated at USD 16.10 billion in 2024, and is expected to reach USD 21.96 billion by 2029, growing at a CAGR of 6.41% during the forecast period (2024-2029).
- The COVID-19 pandemic had a negative impact on the release liners sector. Global lockdowns and severe rules enforced by governments resulted in a catastrophic setback as most production hubs were shut down. Nonetheless, the business has been recovering since 2021 and is expected to rise significantly in the coming years.
- Over the short term, increasing demand for clean labels from the food and beverage industry and rising demand for premium hygiene products, and adoption of film-based liners in the medical sector are some of the factors driving the growth of the market studied.
- On the flip side, issues related to the disposal of release liner waste are expected to hinder the market's growth.
- However, expanding the packaging sector in emerging economies is anticipated to provide numerous opportunities over the forecast period.
- Asia Pacific region is expected to dominate the market and will also witness the highest CAGR during the forecast period.
Release Liners Industry Segmentation
Release liners are coated films that are mainly used to protect a sticky surface from releasing early. These are extensively used in several applications owing to their cleanliness and ease of removal. They mainly support laminated films, ceramics, cast foams, and coated adhesives. It has different substrates, such as film-based, paper-based, poly-coated-based, etc.
The market is segmented based on application and geography. By application, the market is segmented into labels, graphics, tapes, medical, industrial, and other applications. The report offers market size and forecasts for 15 countries across major regions.
For each segment, market sizing and forecasts have been done on the basis of revenue (USD) for all the above segments.
Application | |
Labels | |
Graphics | |
Tapes | |
Medical | |
Industrial | |
Other Applications |
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Release Liners Market Size Summary
The release liners market is poised for significant growth, driven by increasing demand across various sectors such as food and beverage, medical, and automotive industries. The market, which experienced setbacks due to the COVID-19 pandemic, has been on a recovery trajectory since 2021. The rising demand for clean labels in the food and beverage sector, coupled with the growing need for premium hygiene products and film-based liners in the medical sector, are key factors propelling market expansion. However, challenges related to the disposal of release liner waste may impede growth. The packaging sector's expansion in emerging economies presents numerous opportunities, with the Asia-Pacific region expected to dominate the market and exhibit the highest growth rate during the forecast period.
The labels segment is anticipated to lead the market, driven by increased demand from the packaged foods sector in emerging economies and the expanding retail sector globally. The focus on sustainable packaging and consumer demand for convenience foods further bolster the demand for release liners in labeling applications. In the Asia-Pacific region, particularly China and India, the automotive and medical sectors are significant contributors to market growth. Government initiatives and investments in these countries are expected to enhance the demand for release liners. The market is consolidated, with major players like Mondi, Dow, 3M, Loparex, and Ahlstrom actively expanding their capacities and introducing innovative products to meet the growing demand.
Release Liners Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Demand for Clean Labels in Food and Beverage Industry
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1.1.2 Rising Demand from Premium Hygiene Products and Adoption of Film-Based Liners in Medical Sector
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1.1.3 Other Drivers
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1.2 Restraints
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1.2.1 Issues Related to the Disposal of Release Liner Waste
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1.2.2 Other Restraints
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1.3 Industry Value-Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 Application
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2.1.1 Labels
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2.1.2 Graphics
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2.1.3 Tapes
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2.1.4 Medical
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2.1.5 Industrial
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2.1.6 Other Applications
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2.2 Geography
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2.2.1 Asia-Pacific
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2.2.1.1 China
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2.2.1.2 India
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2.2.1.3 Japan
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2.2.1.4 South Korea
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2.2.1.5 Rest of Asia-Pacific
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2.2.2 North America
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2.2.2.1 United States
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2.2.2.2 Canada
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2.2.2.3 Mexico
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2.2.3 Europe
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2.2.3.1 United Kingdom
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2.2.3.2 France
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2.2.3.3 Germany
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2.2.3.4 Italy
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2.2.3.5 Rest of Europe
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2.2.4 South America
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2.2.4.1 Brazil
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2.2.4.2 Argentina
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2.2.4.3 Rest of South America
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2.2.5 Middle-East and Africa
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2.2.5.1 South Africa
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2.2.5.2 Saudi Arabia
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2.2.5.3 Rest of Middle-East and Africa
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Release Liners Market Size FAQs
How big is the Release Liners Market?
The Release Liners Market size is expected to reach USD 16.10 billion in 2024 and grow at a CAGR of 6.41% to reach USD 21.96 billion by 2029.
What is the current Release Liners Market size?
In 2024, the Release Liners Market size is expected to reach USD 16.10 billion.