The global glass container market will exhibit 2.1% Y-o-Y growth in 2021, after contracting in 2020 due to disruptions caused by unprecedented COVID-19 outbreak. According to a new study by Future Market Insights (FMI), the near-term opportunities for the market will remain positive, especially as application in beverages packaging continues surging. The report also projected to market …
Monthly Archives: January 2022
Disposable Cutlery Market Development, Trends, Key Driven Factors, Segmentation And Forecast To 2021-2031
Disposable cutlery has emerged as the most economical and efficient solution for both indoor and outdoor food service activities. Future Market Insights (FMI) in a new study has forecast the market to exhibit 0.9% Y-o-Y growth in 2021, after exhibiting negative returns in 2020. Increasing consumption of food items outside of home, particularly at food service …
Paper Cups Market : The Trends Driving Growth by 4.5% CAGR and Shaping the Future 2031
Paper Cups Market is expected to surpass US$ 9210 Mn in 2021, at a CAGR of 4.5% between 2021 and 2031.Amidst banning of single use plastics across the globe and growing efforts to eliminate plastic from packaging has led to emergence of paper based packaging items as a feasible solution. This has lead to adoption of paper …
Steel Drums Market to increase rapidly by 2031| Emerging industries, Challenges and Threats Faced by Key Vendors
Steel drums have emerged as preferred rigid packaging solutions as they are increasingly used for transporting hazardous and non-hazardous material. According to a study by Future Market Insights (FMI), the steel drums market is forecast to register steady growth on the back of increasing applications in industries such as chemicals, food & beverages, petroleum & lubricants, healthcare & …
Sachet Packaging Market : Expected to reach highest CAGR by 2031
Sachet packaging market is expected to reach a valuation of 8.7 Bn in 2021. With increasing demand for small-sized and convenient packaging solutions, the sachet packaging market is set to experience a year-on-year (YoY) growth rate of 5.4% in 2021. Key Companies operating in the sachet packaging market are focusing on organic growth strategies such as product launches and product …
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Straw Market Growth Set to Surge Significantly During 2019 – 2029
The recent past has observed significant increase in the number of foodservice restaurants. This would remain among the leading factors driving consumption of straws at a global level. After bans on using single-use plastic straws, manufacturers are offering straws that can decompose and have less impact on the environment. Consumption of straws is anticipated to …
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Molded Fibre Pulp Packaging Market Current Impact to Make Big Changes 2021-2031
Molded fiber pulp packaging will gain traction due to the expanding application in the food and beverage industry. The sales of molded fiber pulp packaging is expected to grow at a CAGR of 5.1% between 2021 and 2031. In 2021, the U.S. market is expected to register 4.2% year on year growth after a period of sluggish sales on account of …
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Paper Bags Market Witness Highest Growth in Future 2030 : Big players are Ronpak, United Bags, Genpak Flexible
Driven by the rising focus on environment-friendly and sustainable packaging solutions, the demand for paper bags is poised to surge exponentially .Paper bags are light-weight, non-toxic, biodegradable, and recyclable, and are therefore becoming hugely popular among end users, starting from food & beverage to chemical industry. With rising concerns regarding the safety of environment and marine animals, …
Medical Mask Market reaching over US$ 9 Bn by the end of 2030, Exclusive Report By Future Market Insights
There has been an increasing demand for medical masks recently, creating an absolute opportunity for growth of the medical mask market. A new Future Market Insights (FMI) report reveals that the global medical mask market will experience a major upturn post 2020, and further reaching over US$ 9 Bn by the end of 2030. Medical facility …
Medical Ventilators Market is expected to exhibit a CAGR of 8.7% during the forecast period 2020-2030
Greater emphasis on ramping up the production to address a sudden increase in demand in the time of COVID-19 pandemic is accelerating the growth of medical ventilators market. The global medical ventilators market was valued at US$ 1.2 Bn in 2019 and is expected to exhibit a CAGR of 8.7% during the forecast period (2020-2030). Increase in …