The growing demand for HM Liner Bags in construction can be attributed to their remarkable properties, such as being lightweight, sturdy, and durable. These bags, made from resilient plastic materials, are ideal for construction applications due to their waterproof and high-strength features. They are also recyclable, which supports sustainability goals.
Country-wise
Country-wise, the demand for HM Liner Bags is rising in countries like the United States, Germany, Japan, India, and Thailand. In the United States, the demand is estimated at a 1.50% CAGR till 2034, driven by the preference for convenient packaging and eco-friendly materials. In India, the market is predicted to expand at a 4.60% CAGR through 2034, driven by the growth of online shopping and the need for packaging solutions that are easy to use and affordable.
The market is also driven by the increasing focus on sustainability, with companies adopting recyclable materials and bioplastics to reduce waste and pollution. Additionally, the growing e-commerce industry is expected to boost the demand for plastic bags & sacks, including HM Liner Bags, as they are used for shipping and delivering a wide range of products ordered online.
Overall, the growing demand for HM Liner Bags in construction can be attributed to their unique properties, increasing focus on sustainability, and the growth of e-commerce and industrial/commercial applications.
Construction
The growing demand for HM Liner Bags in construction can be attributed to their remarkable properties, such as being lightweight, sturdy, and durable. These bags, made from resilient plastic materials, are ideal for construction applications due to their waterproof and high-strength features. They are also recyclable, which supports sustainability goals.
The industrial/commercial segment holds the leading market share in 2024, with a value share of 54.80%. Globalization of trade is causing a higher demand for liner bags and other packaging solutions. Increasing focus on product safety and protection is aiding this trend. Industries like automotive, electronics, pharmaceuticals, and manufacturing need to safeguard their products from external environmental factors. As such, liner bags are being demanded for industrial/commercial end-use.
Country-wise, the demand for HM Liner Bags is rising in countries like the United States, Germany, Japan, India, and Thailand. In the United States, the demand is estimated at a 1.50% CAGR till 2034, driven by the preference for convenient packaging and eco-friendly materials. In India, the market is predicted to expand at a 4.60% CAGR through 2034, driven by the growth of online shopping and the need for packaging solutions that are easy to use and affordable.
Market
The market is also driven by the increasing focus on sustainability, with companies adopting recyclable materials and bioplastics to reduce waste and pollution. Additionally, the growing e-commerce industry is expected to boost the demand for plastic bags & sacks, including HM Liner Bags, as they are used for shipping and delivering a wide range of products ordered online.
Additional Factors Contributing to the Growing Demand:
- Infrastructure Development: The increasing investment in infrastructure development projects, such as road construction, building construction, and renovation, is driving the demand for HM Liner Bags.
- Government Regulations: Governments are implementing regulations to reduce plastic waste and promote sustainable packaging, which is driving the demand for eco-friendly HM Liner Bags.
- Innovations in Material Technology: Advances in material technology have led to the development of stronger, lighter, and more durable HM Liner Bags, making them more appealing to construction companies.
Overall, the growing demand for HM Liner Bags in construction can be attributed to their unique properties, increasing focus on sustainability, and the growth of e-commerce and industrial/commercial applications. Read More…
