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Future Market Insights (FMI) predicts an impressive 23% CAGR for the global online grocery market. The market is expected to reach US$ 2778.4 billion by 2032, up from US$ 350.55 billion in 2022. In its latest report, FMI studies the scope for expansion of the market across the globe and examines investment feasibility in key segments. Online grocery shopping has been popular among …
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“End users’ knowledge about the harmful impacts on non-degradable packaging materials on the environment and ecosystem is spreading across the world, which is among the primary drivers of the global market for biodegradable packaging. ” A mounting number of manufacturers in the packaging industry are making a move towards the use of unique biodegradable materials …
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“One of the crucial factors that increases the preference towards stainless steel foil is the extended shelf life provided by the products. A large number of end use industry face problems related to damage, decay, spoilage, etc. due to exposure to humidity and air, which have resulted in the need for packaging solution like stainless …
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“Cement packaging is primarily done in bags and sacks. These bags and sacks can be made out of paper or plastic.” Paper cement packaging bags are usually heavy-duty bags and sacks that are manufactured using multiple layers of paper and can be coated with layers of plastic films to provide a barrier against moisture. However, …
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As per Future Market Insights, the global scented trash bags market is projected to reach a valuation of US$ 1.7 Bn in 2022. Demand is forecast to increase at a 3.5% CAGR over the assessment period, pushing the market size to US$ 2.3 Bn by 2032. Sales of scented trash bags are projected to gain traction over the forecast period due to growing focus on …
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Premium brands are focusing on developing consumer-centric products to cater to the growing need for luxury premium products. They are also focusing on developing interactive packaging as it influences their customers and which are sustainable. This is expected to create remunerative growth prospects for paper boxes manufacturers. According to Future Market Insights, the demand for paper boxes …
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According to Future Market Insights, metal IBCs market participants are continuously looking for the storage and shipping packaging options that are easily traceable. Metal IBC are available with the RFID or barcode data retrieving technology that helps the end users to track the shipment. These options work with smartphones, tablets and handheld scanners to collect and tracking …
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According to the latest industry survey, rising demand for packaging products having sterile barriers has resulted in the expansion of the global sterile packaging market. Over the forecast period, the global sales of sterile packaging are anticipated to grow 2.4X between 2022 and 2032. The sterile packaging market is estimated to reach US$ 38.1 Bn in …
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The window coverings market size is valued at US$ 22.2 Billion in 2022, with the market projected to register 4.1% CAGR and top a valuation of US$ 28.4 Billion by the end of 2028. The window coverings market is being driven by an increase in consumer spending on home decor as a result of continuously rising living standards and rising purchasing power. As designs advance, …
As per newly released data by Future Market Insights (FMI), the down and feather market is estimated at ~USD 7,567.3 Million in 2023 and is projected to reach ~USD 16,175.3 Million by 2033, at a CAGR of 7.9% from 2023 to 2033. Consumers are increasingly choosing sustainable and environment-friendly products, which has led to an increase in demand for down and …
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