As per Future Market Insights (FMI), the polystyrene packaging is expected to gain immense traction, registering a CAGR of 4.4% between 2022 and 2032. Sales are expected to increase from US$ 23 Bn in 2022 to US$ 35.5 Bn in 2032. This is due to its ability to adapt based on the different requirements. Transparency that is …
Monthly Archives: September 2022
End-of-Line Packaging Market is likely to be valued at US$ 7.9 Bn during forecast period 2022 – 2032
The end-of-line packaging market was valued at US$ 5.125 billion in 2022, and it is expected to grow at a CAGR of 4.3% to US$ 7.978 billion by 2032. The growing adoption of end-of-line packaging to reduce packaging costs and improve packaging systems in various end-use industries is propelling the global end-of-line packaging market future trends. The rapid …
Organic Cosmetics Market is to Grow at CAGR of 5% in 2031 | Impact of COVID-19
The organic cosmetics market to grow at CAGR of 5.0% throughout the forecast period 2021-2031. Natural claims have sparked the sustainability quotient in addition to being significant product purchase drivers when paired with product efficacy claims and brand identity. Customers now demand total transparency from cosmetics producers regarding their sourcing practises, goods, ingredients, and environmental practises. As …
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Carbon Tapes Market to Surpass US$ 55.7 Bn by 2032 Amid High Demand from the Aerospace Sector
The global carbon tapes market is expected to reach a valuation of US$ 35.8 Bn in 2022. With sales growing at a 4.5% CAGR over the assessment period, with the market size reaching US$ 55.7 Bn by 2032. Carbon tapes are flat material tapes that are made from carbon fiber bearing high strength. Carbon tapes are popular …
Sales of Pet Grooming Products is Expected to Reach US$ 1.3 Bn in 2022
The value of pet grooming market is poised to total US$ 1.3 Bn in 2022. Growing trend of pet humanization across the globe is spurring demand for pet grooming products, which is expected to boost sales at a healthy 6.2% CAGR. Against this backdrop, the market valuation will reach US$ 2.5 Bn by 2032. While supply shortages affected market’s capital performance …
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Metal Banding Machine Market to Expand 1.5x by 2032 as Adoption of Industry 4.0 Rises Worldwide
As per FMI, the global metal banding machine market size is projected to reach a valuation of US$ 1 Bn by 2032 and witness growth at a healthy CAGR of 3.9% from 2022 to 2032. A metal banding machine is a device that uses a stainless steel strap to wrap a product in a huge container. These …
Packaging Suction Cups Market is anticipated to register a CAGR of 6.8% during the forecast period
The packaging suction cup market is anticipated to grow at a CAGR of 6.8% from 2022 to 2032. Additionally, it is predicted that the global market for packaging suction cups will grow from US$ 8.4 billion in 2022 to US$ 16.22 billion in 2032. As smart labels and digital printing for packaging have grown in popularity, the …
Bottle Filling Machines Market to Exceed US$ 1.9 Bn by 2032 Amid Rising Demand in Food & Beverage Industry
As per Future Market Insights (FMI), the global bottle filling machine market is projected to grow from US$ 1.28 Bn in 2022 to US$ 1.9 Bn by 2032, exhibiting a CAGR of 4% throughout the forecast period. Rising usage of bottles for storing and transporting various liquids and semi liquids, growing need for improving productivity across industries …
Spigot End Cap Market is forecasted to register a CAGR of 6.5% during the forecast period
The spigot end cap market is projected to grow at a CAGR of 6.5% over the forecast period, from a value of US$35.27 billion in 2022 to US$66.21 billion by 2032. Spigot end cap sales are anticipated to increase as a result of quick urbanisation, rising middle-class discretionary income, and growing private and public investment. …
Sales of VCI shrink films in the market is expected to rise at 5% to 6% value CAGR by 2032
During the forecast period of 2022–2032, the market for volatile corrosion inhibitor (VCI) shrink films is anticipated to grow at a healthy CAGR of 5%–6%. The need for VCI shrink films is predicted to increase due to the rapid use of protective films for wrapping valuable metal products, equipment, machinery, and other items across a variety of …