Global Shelf Liner Industry Creates an Absolute Dollar Opportunity of USD 215 Million by 2030
The shelf liner market is growing more and more due to increasing demand from the hotel, restaurant and catering industries. residential and commercial sectors; corporate offices; laboratories; educational institutions; and several other end-use industries.
Shelf liners are designed to remain on the surface of drawers and shelves, helping to protect against scratches, moisture, and dirt.The rapidly growing popularity of shelf liners for use in the The increasing size of the shelf liner market brings high growth prospects.
However, concerns over the COVID-19 pandemic have limited the short-term growth of the market. In a new study, Fact.MR estimates that the global shelf liner market will create an absolute dollar opportunity of $215 million over his 2020-2030 forecast period.
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Key takeaways from shelf liner market research
- By type, the mesh segment is expected to grow twice as much as the smooth segment in 2020. Meanwhile, the smooth segment will account for his 2/5 of the total market share in 2020.
- By material, plastics is expected to grow significantly, gaining 104 BPS during the forecast period.
- Residential is projected to account for 30% of total shelf liner market revenue in 2020 by end-use, creating an absolute opportunity of over US$65 million over the 2020-2030 forecast period expected to be
- East Asia's shelf liner market is expected to grow at a CAGR of nearly 8% in value, while North America is projected to be worth 1.7 times that of Europe, accounting for the majority of the European demand pie. estimated to occupy Global Shelf Liner Market by the end of the forecast period.
“The outbreak of the COVID-19 pandemic has increased the demand for cleaning products and accessories worldwide. Thus, increased awareness of cleanliness and hygiene will drive the sales of shelf liners during the forecast period. probably,” said a Fact.MR analyst.
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Major segments of the shelf liner market
type
- mesh
- Smooth
material
- plastic
- rubber
- paper
- fabric
- aluminum
adhesion
- self adhesive
- non-adhesive
End use
- Hotels, restaurants and catering (HoReCa)
- Residential
- main office
- Institute
- educational institution
- others
Sales channel
- direct procurement
- supermarkets and hypermarkets
- specialty shop
- convenience store
- tool shop
- others
region
- North America
- latin america
- Europe
- east asia
- South Asia
- Oceania
- Middle East and Africa (MEA)
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