Market Size of Drum Liners Industry
Study Period | 2020-2029 |
Market Size (2024) | USD 141.30 Million |
Market Size (2029) | USD 177.52 Million |
CAGR (2024 - 2029) | 4.67 % |
Largest Market | North America and Europe |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Drum Liners Market Analysis
The Drum Liners Market size is estimated at USD 141.30 million in 2024, and is expected to reach USD 177.52 million by 2029, growing at a CAGR of 4.67% during the forecast period (2024-2029).
Drum liners are made of plastic films like polyethylene or polypropylene and are used to collect, store, and handle garbage in various industries, such as chemicals, food, and coatings. They come in different shapes, like round or flat bottom, and sizes from 5 to 55 gallons. They are flexible, rigid, or semi-rigid based on their use. They fit well in steel, plastic, or fiber drums and can be tailored for different needs, like food-grade or anti-static liners.
These liners help industries package chemicals, food ingredients, and powders, making drum recycling easier and cutting costs. However, while they are popular, concerns about environmental impact are leading to more sustainable options. The demand for eco-friendly fiber drums is growing in the market, even though they may not work well with certain chemicals and need to be disposed of after one use. Drum liners may be the solution to make fiber drums more compatible and less wasteful. Moreover, the drum liner market is booming due to the rising need for flexible packaging and affordable liners. The variety of liners available is also driving this demand. However, the strict rules on using plastic in manufacturing have slowed down market growth. Fortunately, the development of eco-friendly and reusable plastics for making drum liners is opening up new opportunities for growth.