New Product Development
The bag-in-box market value is estimated at US$ 4.0 Bn in 2022 and is projected to reach US$ 6.6 Bn by 2031, at a CAGR of 5.7% from 2022 to 2031. The bag-in-box packaging format accounts for 12% of global alcohol packaging market worth US$ 36 billion in 2022. As per the FMI analysis, bag-in-box solutions having capacity between 151 to 750 liters and above 751 Liters are expected to account for …
Continue reading “Bag-in-Box Market is expected to reach US$ 4 Bn in 2022”
The market for machine-glazed kraft paper is anticipated to reach US$ 14.5 Billion by 2030, at a CAGR of 6% from US$ 9.3 Billion in 2022. A recent FMI estimate projects that during the forecast period, the market for machine glazed kraft paper would produce an additional potential of US$ 5.4 Bn. According to FMI estimate, the …
Continue reading “Machine Glazed Kraft Paper Market is worth US$ 9.3 Bn in 2022”
The global coffee filter paper market is bound to grow on a reverberating note between 2022 and 2030, reaching US$ 877.8 Mn by the year 2030, at a CAGR of 4.9%. Rising demand for coffee as a part of routine has created a significant demand for coffee filter paper in the last couple of years. Manufacturers are …
The global thermal insulation packaging market is set out to reach US$ 247.1 Bn by the year 2030 at a substantial CAGR of 17.2% between 2022 and 2030. Global supply chains have created the need for thermal insulation packaging. Distribution of food and beverages and pharmaceuticals have intensified the demand for reliable thermal insulation packaging solutions. …
Continue reading “Thermal Insulation Packaging market is expected to be worth US$ 68.3 Bn”
According to projections, the market for shrink sleeve label applicators would be worth US$ 1.1 billion globally in 2022 and US$ 1.6 billion by 2030, growing at a CAGR of 5.0%. According to Future Market Insights’ annual market estimate, the food and beverage categories will collectively generate US$ 614 million in sales from shrink sleeve label applicators …
The collapsible sleeve containers market is projected to record 6.4% growth from 2025 to 2026. End-users such as automotive, agriculture & ancillary industries, textile & handicraft, and others are asking for new customized collapsible sleeve containers for experiencing quality results. Collapsible sleeve containers are largely taking over bulk containers due to their high-end features like being …
Continue reading “Collapsible Sleeve Containers Market is expected to be worth US$ 4.7 Bn by 2027”
The market for tape dispensers might be described as developing, growing at a CAGR of 4.4% from 2022 to 2030 to reach US$ 7.3 billion. In 2030, the market for tape dispensers is anticipated to expand by 5.3% year over year. The development of technologically advanced tape dispensers and the desire for them over traditional tape dispensers …
Continue reading “Tape Dispenser Market is expected to be worth US$ 5.2 Bn by the year 2022”
The global precision stainless steel market is looking forward towards growing on a steady note between 2022 and 2029, reaching US$ 3.2 Bn by the year 2029 at a CAGR of 3.4% from 2022 to 2029.The precision stainless steel market is likely to record 4.5% growth by the year 2025. Prominent verticals such as automotive, aerospace, building …
Continue reading “Global Precision Stainless Steel Market is expected to be worth US$ 2.4 Bn”
The hong kong tourism market size is expected to reach US$ 41.5 Mn in 2032, likely to surge at a vigorous 10% CAGR during the forecast period of 2022 – 2032. he tourism industry is a major contributor to the economy of Hong Kong. Since 2014, growth of tourists from China has decreased, due to which the …
Continue reading “Hong Kong Tourism Market is Likely to Secure A CAGR of 10% Through 2032”
The food tourism sector to reach a valuation of US$ 865.71 Bn in 2022. Sales are projected to increase at a 16.6% CAGR, with the market size reaching US$ 4,009.77 Bn by 2032. The food tourism sector is expected to grow steadily over the forecast period. This is due to a variety of reasons including the rise of cultural integration trends across …
