- According to Transparency Market Research’s latest market report on the release liner market for the historical period 2014-2019 and forecast period 2020-2024. Increasing demand for convenient and durable labels ensuring proper adhesion is the primary driver for the release liner market.
- Globally, the revenue generated by the release liner market has been estimated to be ~US$ 12.4 Bn in 2019 and is projected to expand at a CAGR of 6.5% in terms of value during the forecast period of 2020-2024
Release Liner Market to Observe High Adoption of Film-based Labels
- The growing adoption of labels for beverage packaging, particularly in wine packaging is anticipated to drive the demand for global release liner market across the globe
- In addition, the demand for film-based liners, including polyethylene terephthalate (PET), polypropylene (PP), and polyethylene (PE) is significantly high as compared to glassine, polyolefin-coated, and calendared Kraft release paper for these applications. This can be attributed to high demand for clear labels or no-label look labels, due to their high aesthetic appeal and thinner caliper material.
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- However, the availability of competitive solutions such as liner-less labels might restrict the growth of the global release liner market to an extent.
Companies Focusing on Manufacturing Low Silicone Transfer Release Liners
- Leading manufacturers operating in the global release liner market such as Loparex and UPM Raflatac are developing release liners, which require low silicone transfer during manufacturing processes. These liners allow for a low coating weight of silicon. Lower coat weights helps companies to reduce cost and make drying easier to accomplish.
- Another advantage of low silicon transfer liners is that they achieve a stable release of the labels, allowing them to come off predictably and uniformly time after time
Release Liner Market: Key Findings
- Among different substrate materials, the film segment is expected to witness high growth over the forecast period followed by glassine segment. Rising demand for release liner from pharmaceutical, food & beverages, health, and personal care sector is expected to fuel the growth of the segment over the forecast period.
- Revenue contribution of pressure-sensitive along with sleeving labeling technology to the global release liners market is estimated to account for more than 55% share by 2020.
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- Pressure-sensitive label stock segment is expected to generate significant revenue throughout the forecast period, and account for nearly 54% of the global market in 2020
- The Asia Pacific region is anticipated to be the most lucrative market for release liners in terms of incremental opportunity and CAGR, and the sales revenue in this region is expected to increase at a CAGR 7.4% over the forecast period.
