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 designed to remain on the surface of a drawer or shelf, and help in protecting them from scratches, moisture, and stains. Rapidly rising preference for shelf liners for use in the residential sector is bringing high growth prospects for the expansion of the shelf liner market size during the forecast period.
However, concerns over the COVID-19 pandemic have restricted the short-term growth of the market. In a new study, Fact.MR has estimated that, the global shelf liner market will create an absolute dollar opportunity of US$ 215 Mn over the forecast period of 2020 to 2030.
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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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Key Segments of Shelf Liner Market
- Hotels, Restaurants, and Catering (HoReCa)
- Corporate Offices
- Educational Institutions
- Direct Procurement
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Utensil Stores
- North America
- Latin America
- East Asia
- South Asia
- Middle East & Africa (MEA)
Research Methodology –https://www.factmr.com/connectus/sample?flag=RM&rep_id=2725
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.
Report Benefits & Key Questions Answered
- Shelf Liner Market Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
- Shelf Liner Market Historical volume analysis: The report provides a comparison of Shelf Liner Market historical sales and projected sales performance for 2021-2031.
- Shelf Liner Market Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Shelf Liner Market It carefully gauges the impact of changing healthcare needs of key demographics globally
- Shelf Liner Market Consumption by demographics: The report investigates consumer behavior affecting Shelf Liner Market demand outlook for the assessment period. Effect of their keenness for digital trends on Shelf Liner Marketis carefully analyzed
- Post COVID consumer spending on Shelf Liner Market Consumption: Healthcare industry has been largely influenced by COVID-19 pandemic. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Shelf Liner Market growth.
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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