The Global Release Liner Market is Expected to Grow 6.5% by 2024.
According to researchers at Transparency Market Research (TMR), the global release liner market size, valued at USD 12.4 billion in 2019, is projected to expand at a CAGR of 6.5% from 2020-2024, in accordance with increased technological advancement, investments and demand for quality packaging in the retail sector, which has witnessed a significant increase.
A release liner is a plastic or paper-based film coated to produce a releasing effect and prevent the surfaces of separate materials from bonding together. These liners are printable and available in a variety of colors. Companies continue to produce sustainable and bio-based release liners and increase focus on sustainability. Challenges in the market include the availability of alternatives such as liner-less labels and environmental regulations imposed by various industries on HDPE and PVC materials, which are hazardous to the environment and the main component of release liners. TMR says the medical and automotive sectors and escalating government support for industrialization in countries like India and China could assist in growth factor for the release liner market.
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