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 …
Monthly Archives: August 2022
Sachet Machine Manufacturers Market by Changing Consumer Preferences & Lifestyle Trends to Offer Lucrative Setting
Future Market Insights delivers key insights on the sachet packaging machines market in its published report, titled “Global Sachet Packaging Machines Market: Industry Analysis and Opportunity Assessment, 2022–2029.” In terms of revenue, the global sachet packaging machines market is estimated to expand at a CAGR of 5.8% during the forecast period, owing to numerous factors, about which FMI offers …
Returnable Transport Packaging Market Growth by Expansion of Chemical Industry Aiding
The global returnable transport packaging market will grow by 4.8% CAGR between 2021 and 2031. Government regulations favoring intercontinental trade along with concerns pertaining environment will bolster the demand for returnable transport packaging in various industries such as chemical, food & beverage, building & construction, and others. Returnable transport packaging includes IBC, pallets, crates, layer pads, drums, …
Collapsible Rigid Containers Market Large Investments and the Availability of Alternative Transportation Solutions to Affect Growth by 2028
The global collapsible rigid containers market was valued at US$ 1.36 Billion in 2018 and is projected to expand at a CAGR of 4.9%, during the forecast period. The market for collapsible rigid containers will be boosted greatly by bulk packaging applications in a variety of end-use sectors. Consumption in the chemical industry accounts for just under …
Trends in Insulated Corrugated Boxes Market Likely to Augment Sales by 2031
The insulated corrugated boxes market is set to witness a CAGR of 4.3% during 2021-2031. The surge in demand for lightweight and convenient packaging solutions in a variety of industries, as well as the rising e-commerce and offline retail sectors, can be attributed to the market increase. What is Driving Demand for Insulated Corrugated Boxes? The rise …
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Tourism Industry Big Data Analytics Market is Being Widely Adopted across the Travel and Tourism industry to acquire pertinent insights
The Big Data helps in analysing the traveller trends by collecting the information from different consumer centres and developing a specific marketing strategy for the target audience. Big Data technologies such as Hadoop and cloud-based analytics provide ample data storage space and presents information collected from a wide range of sources in a structured manner. Over the …
Golf Tourism Market is emerging as a favourite tourist option for people all across the world and the sector is likely to witness a good growth potential
Whether for entertainment, primary motivation or secondary activity, golf attracts thousands of travellers every year. Considering this enthusiasm for a sport, many global organisations and tour operators have started arranging golf tours, which is not only boosting the sport but also creating opportunities for tourism in that particular place. Golf is not only a revenue generator sport, …
Social Media and Destination Market Segment who Provide Extremely Reliable and User-Friendly Services
The marriage of social media and tourism is a success and observers believe that this honeymoon will continue. The influence of social media on tourism has spread like a wildfire and it will continue to grow in the years to come. The pact between social media and tourism has a long drawn effect on the entire growth …
Digital Travel Market is expected to reach US$ 1,618 Bn in 2032, at a 15% CAGR in 2022-2032
The digital travel market reached a valuation of US$ 400 Bn in 2022 and expected to reach US$ 1,618 Bn in 2032, at a 15% CAGR The digital travel domain across the world is basking with a slew of new customer friendly initiatives that are cementing their base in the extremely competitive travel and hospitality sector. Digital …
Software-Defined Data Center Market Growth, Analysis Report, Share, Trends and Overview 2022-2032
According to Future Market Insights’ analysis of the Software-Defined Data Center (SDDC) market, global sales of this technology were expected to reach US$ 39.4 billion in 2021. In 2022, the market is anticipated to increase by 17.3 percent. The greatest revenue-generating sector is anticipated to be hardware, which is anticipated to expand at a CAGR …