Press release
Shelf Liner Industry Is Poised To Expand At A Value CAGR Of Around 5% By 2032
The shelf liner market is witnessing increasing growth due to rising demand from hotels, restaurants, and catering industry; residential and commercial sector; corporate offices; laboratories; educational institutions; and several other end-use industries.Shelf liners are available in a variety of materials, such as plastic, rubber, foam, and fabric. Plastic shelf liners are the most popular type of shelf liner due to their low cost and ease of installation. They are also highly durable and can be easily wiped clean. Rubber shelf liners provide superior protection against moisture and scratches, while foam shelf liners offer cushioning for delicate items. Fabric shelf liners are often used in kitchens to add a decorative touch. The increasing demand for shelf liners from the residential sector is expected to drive the growth of the market during the forecast period.
The growing trend of home décor is driving consumers to invest in products that can enhance the look and feel of their homes. Shelf liners provide an easy way to add color and texture to shelves and drawers without having to replace them entirely. Additionally, rising awareness about hygiene is driving consumers to opt for shelf liners that can be easily wiped clean or replaced when needed. This is expected to further fuel the growth of the market during the forecast period.
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Key Takeaways from Shelf Liner Market Study
• By type, the meshed segment is foreseen to grow 2X than the smooth segment in 2020. On the other hand, the smooth segment will account for 2/5 of overall market share in 2020.
• By material, plastic is anticipated to grow in prominence, gaining 104 BPS over the course of the forecast duration.
• By end use, residential is projected to account for 30% of total sales in 2020 in the shelf liner market, and is anticipated to create an absolute $ opportunity of more than US$ 65 Mn during the forecast period of 2020-2030.
• The shelf liner market in East Asia is expected to grow by experiencing a value CAGR of nearly 8%, whereas, North America is projected to be valued 1.7X times than Europe, and is estimated to account for a major chunk of demand pie in the global shelf liner market by the end of the forecast period.
"With the outbreak of the COVID-19 pandemic, demand for cleaning materials and accessories has increased across the globe. Thus, growing awareness regarding cleanliness and hygiene will increase the sales of shelf liners over the forecast period,"says a Fact.MR analyst.
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COVID-19 Impact on Shelf Liner
The COVID-19 pandemic has had a significant impact on the shelf liner industry. With people spending more time at home, there has been an increased demand for shelf liners as people look to organize and declutter their homes. This has led to an increase in sales of shelf liners, as well as an increase in the variety of products available. Additionally, manufacturers have had to adjust their production processes to meet the increased demand, leading to higher costs and longer lead times for shelf liners. As a result, many retailers have had to raise prices or limit availability of certain products in order to keep up with demand.
Key Segments of Shelf Liner Market
Type
• Meshed
• Smooth
Material
• Plastic
• Rubber
• Paper
• Fabric
• Aluminium
Adhesion
• Self-adhesive
• Non-adhesive
End-Use
• Hotels, Restaurants, and Catering (HoReCa)
• Residential
• Corporate Offices
• Laboratories
• Educational Institutions
• Others
Sales Channel
• Direct Procurement
• Supermarkets and Hypermarkets
• Specialty Stores
• Convenience Stores
• Utensil Stores
• Others
Region
• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa (MEA)
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Key Players Focusing on Stimulating Growth
The report reveals some of the prominent key players in the shelf liner market place, including Shurtape Technologies LLC, Konrad Hornschuch AG, Kittrich Corporation, Seville Classics Inc, Pro-Mart Industries Inc., Warp Bros, Macbeth Collection, Youcopia Products Inc, Drymate (RPM Inc.), and Hills Point Industries LLC, among others
Find More Valuable Insights on Shelf Liner Market
Fact.MR, in its new offering, brings to fore an unbiased analysis of the global shelf liner market, presenting historical demand data (2015-2019) and forecast statistics for the period of 2020-2030. The study divulges compelling insights on the shelf liner market based on type (meshed and smooth), material (plastic, rubber, paper, fabric, and aluminum), adhesion (self-adhesive and non-adhesive), end use (hotels, restaurants and catering (HoReCa), residential, corporate offices, laboratories, education institutions, and others), and sales channels (direct procurement, supermarkets and hypermarkets, specialty stores, convenience stores, utensil stores, and others), across six regions.
For More Insights- https://www.einpresswire.com/article/557050105/demand-for-alumina-oxide-automotive-ceramics-market-is-expected-to-grow-at-a-cagr-of-5-over-the-forecast-period
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