The global strip pack market is projected to secure a bearish CAGR of 5.2% during the forecast period, and attain a value of US$ 166.0 Mn by 2032. The current valuation of the market stands at US$ 275.7 Mn in 2022. The strip pack machines ate gaining considerable adoption as they perform the operation of packaging pre-formed …
Monthly Archives: March 2023
Rising Demand for Efficient Packaging Solutions Drives Growth of Stretch Films Packs Market By 2032
The global stretch film packs market is projected to secure a bearish CAGR of 3.3% during the forecast period, and attain a value of US$ 21,123.5 Mn by 2032. The current valuation of the market stands at US$ 15,312.0 Mn in 2022. Stretch Films Packs Market Insight- The shipping & logistics sector is growing on the backdrop …
Growing Demand for Sustainable and Durable Packaging Solutions Drives Presswood Pallets Market US$ 5.4 Billion by 2032
The global presswood pallets market size was valued at US$ 2.9 Bn in 2021. The presswood pallets market is anticipated to register 5.8% CAGR from 2022 to 2032 and reach a valuation of US$ 5.4 Bn by 2032. Presswood pallets, also known as molded wooden pallets or compressed wood pallets, are a popular alternative to traditional wooden pallets. These pallets are made …
Emission Control Catalyst Market Share to Hit US$ 29.5 billion by 2033 | Future Market Insights
The global emission control catalyst market share is expected to be valued at US$ 29.5 billion by 2033. The market is valued at US$ 13.1 billion as of 2023, and is expected to grow at a CAGR of 8.5% during the forecast period. The market is most likely to be driven by an increase in …
Automotive Steering System Market Share worth US$ 38.0 billion by 2033 | CAGR 4.6%
The global automotive steering system market share is expected to grow at an average CAGR of 4.6% from 2023 to 2033. The target market will accrue a revenue of US$ 38.0 billion by 2033 as opposed to US$ 24.1 billion in 2023. Historically, the market for automotive steering systems registered a CAGR of 2.3% from …
Automotive ADAS (Advanced Driver Assistance Systems) Market New Technology & Analysis Research Report by 2032
The Automotive ADAS (Advanced Driver Assistance Systems) Market will be worth US$ 131 billion by year 2032. The market is estimated to expand at a CAGR of 9.6% over the course of the forecast period. In 2021, the ADAS market was estimated to be worth US$ 29 billion. The market for Advanced Driver Assistance Systems …
Vehicle Electrification Market Growth, Business Opportunities and Global Forecast to 2032
The global vehicle electrification market growth is growing at a CAGR of 10.3% during the forecast period. Crucial Drivers Steering Vehicle Electrification Market Growth Increasing conventional fuel prices, as well as increased sales of electric vehicles, may accelerate vehicle electrification market growth. Consumer demand for more fuel-efficient vehicles, stricter emission standards, and increased environmental awareness …
Electric Cargo Bike Market Future Analysis, Demand by Regions and Opportunities with Challenges 2031
According to Future Market Insights (FMI), the global electric cargo bike market is projected to expand exponentially at CAGR of around 11.4% over the forecast period. Sales of electric cargo bikes is likely to exceed a valuation of US$ 545.2 Million by year 2031. Key Takeaway from Market Study Lithium-ion batteries are expected to hold …
Industrial Microbiology Market is expected to reach US$ 21.56 Billion by 2031
The global Industrial Microbiology market sales are forecast to reach a valuation of over US$ 21.56 Billion by 2031.The market is anticipated to grow at 4.95% CAGR between 2021 and 2031 owing to rising applications of industrial microbiology in agriculture, cosmetics, pharmaceutical industry, and food and beverages sectors. Increasing demand for safety and hygiene in food industry will encourage …
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Growing Demand for Efficient and Automated Packaging Solutions Drives Tube Sealing Machines Market By 2032
The tube sealing machines market is projected to rise to US$ 1.2 Billion in 2022. The tube sealing machines are estimated to reach US$ 1.8 Billion with a CAGR of 4.4% by 2032. A detailed study on tube sealing machines market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth …