Release Liners Market

Release Liners Market Size (2024-2029):

The Global Release Liners Market was worth US$ 100.90 billion in 2023 and is anticipated to reach a valuation of US$ 164.34 million by 2029 and it is predicted to register a CAGR of 8.47% during the forecast period 2024-2029.

Market Overview:

The growth rate in the release liners market is attributed to the rising consumption of food and beverages, the construction sector, and digital printing. The market is driven by the heavy implications of digital printing in many countries. This setup is very economic and requires low setup time and thus it attracts different industry verticals. In addition to this, the trend for conventional printing is declining, and digital printing also produces less waste which aligns it perfectly with the environment-friendly norms of different governments. The increased penetration of liner-less labels is a big threat to the industry. Liner-less labels expunge the usage of release liners and do the same job, thus liner-less labels may be proven to be a restraining factor for the industry.

The release liners market is segmented by substrate paper-based, and film-based. The film-based segment is expected to dominate the market during the forecasted period as companies are adopting more cost-effective solutions by reducing the usage of paper and thus utilizing film-based release liners.  Based on the printing process, flexography held the largest market share by the end of 2019. This is because of its superior properties that include a quick-dry mechanism. Maintenance associated with flexography is also low.

Market Drivers & Restraints:

The rising call from the end-use businesses creates a call requirement for the production of release liners, therefore driving the global industry. The film release liners’ unique adhesive rate and stable release performance make them the major driving factor in the development of the worldwide industry in the forecast period. The major players in the release liner industry continue to focus on growing substrates employed in liner production. This promises high opportunities as there is a broad range of substrates in the liner industry at present. The global release liner market is highly influenced by several factors that include the rising call for it from the food & beverage and construction businesses, the rising adoption of digital printing, and the rising use of smart labels in RFID. Apart from these factors, the high call from growing economies of Asia-Pacific due to the rising end-user businesses in the region is estimated to trigger worldwide release liner industry expansion in the coming future. The rising use of differential release liners is the prevailing trend observed worldwide.

Escalating calls from the end-user business for better labeling is driving the global release liner industry. In addition to that, with the escalating funds in the food and pharmaceutical industry, the call for good quality packaging is determined to rise, in turn, the call for release liner is estimated to escalate. Also, with the escalating population together with increasing international business, the call for quality packaging and labeling is estimated to rise, further escalating the demand for release liner products in the global business. An increasing call for an industrial label, which plays a significant role in the complete packaging industry and in the supply chain of a product is majorly boosting the industry expansion of release liners. Increasing consumption of packaged food due to its benefits like a ready-to-eat option, instant cooking, and ease of eating is boosting the call for release liners in the food & beverage industry that in turn is estimated to support the industry expansion. The growing cosmetic, pharmaceutical, automotive, and personal care product industries in advancing regions are furthermore estimated to boost the industry expansion of the release liners.

Owing to the rising worries over the waste derived from the release liners, makers are adopting linerless technology to make labels and tapes. This technology gets rid of waste and decreases the price related to label-making. This can act as a restraint to the expansion of the industry. Stringent government norms and rules on the basis of environmental sustainability are estimated to hamper the industry expansion of the release liners. Most of the release liners are made up of HDPE and PVC materials, which are dangerous to the environment and can affect the health of people as well. 

Market Opportunities:

Recycling of release liners and adoption of PDMS-based release liners are estimated to offer opportunities to players in the global release liners market in the future. Increasing technological developments by makers to develop next-generation release liners are estimated to boost the industry expansion of release in the determined time. Therefore, escalating technological development together with the rising application is estimated to boost the industry expansion of release liners. The rise in the expansion of production facilities in order to meet the increasing call for release liners is estimated to boost the industry expansion in the future. 

Market Challenges:

Strict EU regulations and FDA rules have a ban on the employment of toxic chemical substances like PVC that is estimated to negatively affect the industry expansion of the release liners in the coming years.

RELEASE LINERS MARKET REPORT COVERAGE

Market Segmentation:

Release Liners Market - By Substrate Type:

• Polyolefin Coated
• Clay Coated
• Glassine/Calendared Kraft Paper

The film release liners are expected to be the fastest-growing sector among all the substrate types. The superior caliper control of the film release liners makes it suitable for top speed dispensing applications and has a high subsequent adhesive rate and stable release performance.

Release Liners Market - By Application:

• Labels
• Pressure-Sensitive Tapes
• Hygiene

The labels industry had the largest market share of the mentioned applications and is anticipated to lead the market in the aforementioned forecast period. The release liners are used in printing and converting in the labels industry as a carrier of the label laminate.

Market Regional Analysis:

The Global Release Liners Market Report includes the segmentation of regions:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

In terms of region, Asia-Pacific (APAC) is supposed to dominate the market during the outlook period. The cheap labor associated with many Asian countries is surfacing many investment opportunities for key market players. As of 2019, the Asia Pacific region accounted for more than 39% of the total market across the globe. North America is the second-largest market, growing at a CAGR of 4 % during the past few years.

Market Key Players:

1. 3M Company (US)
2. Gascogne Laminates (France)
3. Loparex (US),
4. Mondi Group (Austria)
5. Ahlstrom-Munksjo (Sweden)
6. UPM (Finland)
7. Eastman Corporation (US)
8. Polyplex Corporation Ltd. (India)
9. LINTEC Corporation (Japan)
10. Sappi Limited (South Africa)
11. Rayven Inc(US)
12. SilTech(Canada) 

Market Recent Developments:

• Mondi Group, one of the leading producers of release liners has registered an increase of 1333.33% in short interest from a total of 300 shares to 600 shares average volume as of released in February of 2019.