Packaging Testing Market to Grow at 12% CAGR; Increasing Demand Drives Growth: FMI | SGS SA, Intertek Group Plc, Bureau Veritas SA, Eurofins Scientific SE, ALS Limited, TUV SUD AG

Future Market Insight (FMI) estimates that packaging testing revenues will increase significantly from 2021 to 2031, with worldwide revenues up 12.3% year over year in 2021. Driven by introduction of new standards and regulations to increase sale of packaging testing equipment, the packaging testing market is forecast to reach valuation of US$ 12.60 Billion by the end of 2021. Consumers are …

High Demand for Plastic Sport Caps and Closures Market | Key Players Covered-Berry Global Inc., Silgan Holdings Inc., Aptar Group, Inc., BERICAP Holding GmbH, Closure Systems International, Inc., UNITED CAPS

The global market for sport caps and closures market will expand at 4.5% CAGR through 2030, according to a new study by ESOMAR-certified firm Future Market Insights (FMI). The study opines that demand for advanced, eco-friendly products coupled with the development of innovative designs will drive the market to US$ 1.5 Bn by 2030. Having studied the impact of the COVID-19 …

Hermetic Packaging Market Players Eyeing Lucrative Defense Contracts: Study | AMETEK Inc., Amkor Technology Inc., Egide SA, Kyocera Corporation, Legacy Technologies Inc., Materion Corporation

Hermetic packaging market players are looking to consolidate their position by offering high-quality, yet cost-effective solutions to end-users, according to a new study by Future Market Insights. The market study tracks global hermetic packaging sales globally for the period 2020-2030 Hermetic packaging has acquired immense importance across the packaging industry. Over the years, hermetic packaging has …

Fungal Testing Kits Market is set to experience a significant growth of 10.4% CAGR from 2022 to 2030

Growing prevalence of superficial and systemic fungal infections have posed a significant challenge to healthcare providers across the world. Increasing prevalence of fungal infections of the skin, vagina and blood have prompted vendors to concentrate on developing swift and advanced molecular diagnostics in recent years. Techniques such as real-time testing have led to massive proliferation …

Pharmaceutical Solvents Market anticipated to reach US$ 5.29 Bn by the end of 2030

Future Market Insights in its market intelligence report on pharmaceutical solvents opines that the market’s success continues to witness a sharp rise with high expenditure on healthcare, new drug delivery systems and medicines. According to FMI’s analysis, the pharmaceuticals sector has witnessed 150% increase over the last decade. Poised to surpass US$ 3.43 Bn by …

Physiotherapy Equipment Market is set to expand at a CAGR of 7.2% during 2020-2030

According to FMI, the global physiotherapy equipment market is set to expand at a CAGR of 7.2% during 2020-2030. Rising geriatric population, combined with heightened levels of physical inactivity among the younger population is inducing several orthopedic and muscular disorders. Over 1 billion people worldwide lead extremely sedentary lifestyles according to the WHO. The increasing levels of physical …

Ion Exchange Resins Market to grow at 5.4% CAGR through 2026

While the global scenario of the ion exchange resins market reflecting the increasing use of ion exchange resins in power generation, followed by domestic wastewater treatment applications, the ion exchange resins market is subjected to a crunch due to the advent of alternative technologies that include electro deionization and reverse osmosis. The exceeding efficiency and advancement in …

Global Fine Hydrate Market expected to reach 951.1 Mn KT by 2031

In a recent market survey, Future Market Insights (FMI) has projected the global fine hydrates market size to total US$ 371.6 Mn in 2021, with sales growing at a robust 7.2% CAGR throughout the forecast period. Growing demand for fine hydrates for the production of thermoplastics, polyester resins, and engineered plastic from various end-use industries is expected to drive growth of …

Enteral Feeding Devices Market One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2030

As healthcare infrastructure has improved, life expectancy has raised its bar. While this is welcome news, the rapidly proliferating geriatric population has also led to increased incidence of age-related ailments, both malignant and non-malignant. Conditions such as cancer, multiple sclerosis, dementia and brain damage have increased multifold. For more insights into the market, request a …

Veterinary Imaging Market is likely to register a CAGR of 6.6% over the forecast period 2022-2030

Global veterinary imaging market revenues will reach US$ 3.37 Bn by 2030, according to a study by Future Market Insights (FMI). The research study analyzes veterinary imaging market growth through 2030, in over 20+ countries. The study also offers incisive insights on key strategies of some of the leading players in the market. According to the study, veterinary …