The global release liners market size is expected to reach $162.4 billion by 2030, according to a new study from Research and Markets.
According to the study, the market for release liners is expected to rise due to manufacturers using emerging technology developments to create next-generation release liners for various developing industries.
For instance, in May 2022, Mondi certified its base paper for its full line of glassine-based release liners. By switching to certified base paper, Mondi is said to be enhancing traceability and collaborating with suppliers who responsibly manage forests in keeping with its objective to ensure zero deforestation throughout its supply chain.
Furthermore, the raising investment in the advancement of release liners is also assisting the market to grow.
In June 2022, Lecta introduced Linerset Glassine, a super-calendered material for siliconization. Lecta has upgraded its Line 8 paper plant in Condat, France, by investing more than 80 million euros in expenditure to produce release liners for siliconization.
Therefore, these technological developments and the increasing investment in the design of release liners for various sectors are assisting the producers in creating goods that are fueling market expansion.
Additionally, technology advancements like RFID, QR codes, NFC, and bar codes provide product information, instructions, discount coupons, and prices. This will increase the product’s global market penetration and expand the market’s potential throughout the ensuing years.
In the near future, growing digitization will emphasize the expansion of the release liners market even more. Release liners are expected to experience strong market growth because of the expanding cosmetics, pharmaceutical, automobile, and personal care product industries in developing nations.