Among various industries using bag-in-box packaging solutions, the beverage sector has emerged dominant. According to a study by Future Market Insights, the beverages sector is expected to account for over 65% of sales in bag-in-box market. Within the beverages industry, the wine segment holds the largest share.Using bag-in-boxes for packaging wines are particularly handy when it comes …
Monthly Archives: March 2022
Aluminum Cans Market to Top US$ 53.3 Bn amid Growing Demand for Beverage & Food Packaging
Future Market Insights (FMI) in its latest research study estimated the demand for aluminum cans is expected to increase at 4.5% CAGR, surpassing US$ 112.3 Bn through 2031. Growing demand for beverage packaging is propelling the growth in the market. Increased demand for smaller pack sizes coupled with a preference for convenient packaging will boost the market. Furthermore, rising use of …
US Remains Top Consumer Market for Insulated Coolers, Premium Brands Continue to Focus on Hard Coolers
Accounting for nearly 80% of total sales of insulated coolers, developed regional markets continue to lead their way in the global insulated coolers market. North America will particularly remain the key consumer market, as the U.S. has been witnessing a rapid surge outdoor recreational and sports activities over the recent past. Sales of insulated coolers, popularly …
Steady Rise in Cup Filling Machines Installation, Dairy Products Remain Key Revenue Contributors: FMI Study
The global cup filling machines market is projected to witness an average yearly growth of 4% through 2029. The considerable growth in cup filling machines market is majorly driven by rising consumption of dairy products and technological advancement associated with packaging machinery. Exceptional efficiency of cup filling machines is promoting their popularity among food manufacturers and suppliers. …
Primary Metal Industry to Account for an Influx of Opportunities to VCI Packaging Market, Projects FMI
As per the recent research study of Future Market Insights (FMI), the global sales of VCI packaging was valued at ~US$ 600 Mn in 2018. According to the report, the global VCI packaging market is projected to expand at a CAGR of ~6% during the forecast period. According to FMI’s report, the rising export of primary metal & products …
Lightweight Trend in Automotive Industry Remains a Turning Point of Thermoplastic Tape Market Players, Says FMI
A new research report by Future Market Insights (FMI) on the thermoplastic tape market includes global industry analysis 2014 – 2018 and opportunity assessment 2019 – 2029. The report investigates the thermoplastic tape market and provides critical insights for the forecast period of 2019 – 2029. As per findings of the report, the global thermoplastic tape market …
IBC Rental Business Market Players Set their Sights on Low-capital End Users, FMI Study
The latest market research report by Future Market Insights on the IBC rental business includes global industry analysis 2014–2021, and opportunity assessment 2022–2029. The report studies the IBC rental business and provides critical insights for the forecast period 2019–2029. As per the findings of the report, the global IBC rental business is projected to experience significant growth …
Rising Emphasis on Frustration-free Solutions of Packaging to Bolster Sales of Self-adhesive Tear Tapes, FMI
A new market research report by Future Market Insights on the self-adhesive tear tapes market includes global industry analysis 2014–2021 and opportunity assessment 2022–2029. The report scrutinizes the self-adhesive tear tapes market and provides critical insights for the forecast period of 2022-2029. As per the findings of the report, the global self-adhesive tear tapes market is projected to …
Steel Drum and IBC Manufacturers Look for Expansion and Consolidation in China, Finds FMI Study
The global demand for steel drums & IBCs accounted for revenues equating US$ 16.3 Bn in 2022; FMI’s new study estimates growth to hover at 4% mark during the next decade. Increasing global trade and growing proclivity to invest in efficient transportation are supporting market growth, according to the authors of the report. Increasing focus on achieving cost-effectiveness …
Innovations in Industrial Paper Sacks to Be Centered Around Sustainability, Says FMI in its New Report
Environmentally sustainable industrial paper sacks are predicted to remain the most preferred, comprehensive, and state-of-the-art packaging solution for powered materials, as per a recent report by Future Market Insights (FMI), a multinational market intelligence firm. The global sales of industrial paper sacks is expected to generate approximately US$ 5.5 Billion, in 2019. Demand analysis indicates …