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According to a detailed study by Future Market Insights (FMI) it has been estimated that the decorative paint market value is expected to surpass US$ 57.8 Bn in 2021. Growing construction of residential, commercial, and institutional buildings is expected to drive market growth. The market is likely to witness a growth of 4.3% CAGR during …
Continue reading “Decorative Paints Market Worth US$ 87.8 Bn By 2031 | CAGR 4.3% – By FMI”
As per FMI, the global metal closures market is anticipated to grow from US$ 28.4 Bn in 2022 to US$ 50.8 Bn by 2032, with the overall sales rising at around 6% CAGR throughout the forecast period. Rising demand for metal closures from various end-use industries including food & beverages, pharmaceutical, cosmetics & personal care, etc., is a key factor driving growth in …
As per FMI, the global cans market is projected to reach US$ 51.6 Bn in 2032 and exhibit growth at a CAGR of 3.8% in 2022-2032. The market is estimated to reach a valuation of over US$ 35.6 Bn in 2022. Cans are best suited for preserving food as it prevents growth of microorganisms that cause foodborne illnesses. Being 100% recyclable, food cans …
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The global industrial filtration market is expected to secure US$ 56,834.1 Million in 2032 while expanding at a CAGR of 5.7%. The market is likely to hold a value of US$ 32,789 Million in 2022. From 2016-2021, the market displayed a growth rate of 4.1%. Industrial filtration serves the purpose of continuously filtering out the unwanted effluents by means of heavy duty filter media and …
As per FMI, the global blow molded bottles market size is likely to reach US$ 144.3 Bn by the end of 2032. It is anticipated to exhibit growth at a CAGR of 4.8% during 2022-2032 and is projected to be valued at US$ 90.3 Bn by the end of 2022. Blow molding is a process where inflation and heating is done to create hollow products. …
Continue reading “Blow Molded Bottles Market : Value Chain, Stakeholder Analysis and Trends by 2032”
Impact of COVID-19 on the Healthcare Industry The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period …
The corrugated fanfold market is estimated at a CAGR of 4.3% during the forecast period. The market is likely to be valued at US$ 10,456.7 Mn in 2022 and is anticipated at US$ 15,930.9 Mn by 2032. The cost-effective and green packaging solution is the utmost priority; hence the demand for corrugated fanfold packaging has been a …
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As per Future Market Insights (FMI), the global tea packing machine market size is estimated to be valued at US$ 811.4 Mn in 2022. Furthermore, with rising production and consumption of tea globally along with increasing need for improving production efficiency in manufacturing facilities, the overall sales of tea packing machines are slated to grow at 5.7% between 2022 and 2032, …
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A wood fibre craft offers the greatest strength and unadulterated beauty. Paper made from chemical pulp is used to prepare craft bags throughout the crafting process. Grocery packaging typically consists of plan craft bags. There are typically two types of craft bags on the market: white and brown. Craft bags are mostly used to transport lightweight items …
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Packaging is the innovation driven industry. Today packaging has not just remained a way to store and transport goods from one location to another. Electronics entered into all the aspects of human life, and the new technologies like Internet of Things (IoT) are the emerging ones. This change has led the rapid growth of electronics …
