New Product Development
The global countertop market is slated to reach a valuation of US$ 709.7 Bn in the year 2026 and exhibit a moderate CAGR during the period of forecast. The global countertop market is exhibiting a steady growth throughout the world due to a rise in the disposable incomes and a rise in the employment levels, especially in …
Continue reading “Countertop Market Size, Share & Forecast | US$ 709.7 Billion by 2026”
The FMI team also calculated that overall bulk bag sales in Asia Pacific excluding Japan are expected to reach US $855 million in 2021. The combined market share of bulk bags in Eastern and Western Europe is predicted to reach over 35.0% in 2021. The incremental prospects for these regions are estimated to total US$ …
Future Market Insights forecasts a comparison and review analysis of the dynamics of the medication pouch inspection systems market, which is primarily influenced by a variety of industry factors as well as a few definite influences such as high capital investments for maintaining and installing medication pouch inspection systems, which are expected to stymie market …
The market for biodegradable plastic packaging material is anticipated to reach USD 2.4 billion by 2028, growing at a CAGR of 4.5% from 2013 to 2021. It is currently valued at USD 1.8 billion. The market for compostable plastic packaging material is expected to grow at the fastest rate, with the top companies controlling 25% to 30% …
The market for rotomolded containers is anticipated to exceed US$ 4.5 billion in 2022 and grow to US$ 5.7 billion by 2027 at a CAGR of 4.9%. Sales of rotomolded containers in the region are anticipated to account for 50% of the global market, thanks to rising manufacturing activity in North America and Western Europe. Furthermore, it …
The market for composite cardboard tubes is anticipated to reach a value of more than US$ 2 billion in 2026, growing at a CAGR of 5.7% from 2022 to 2026. The market is expected to rise over the forecast period due to an increased focus on branding and product promotion. Due to their strength and durability, composite …
Future Market Insights’ forecast study foresees a substantial growth for the global gas cylinders market during the assessment period, 2017-2026. Over this period, it has been forecasted that the global gas cylinders market will register a robust expansion at an estimated 8% CAGR in terms of value. The report further projects that the global sales of gas …
The global paper napkin-making machine market is anticipated to reach a valuation of US$ 183.1 Mn in 2032, with sales growing at a stagnant CAGR of 3.3% from of 2022 to 2032. Valued at US$ 128.3 Mn in 2021, the paper napkin-making machine is predicted to reach an estimated US$ 132.5 Mn in 2022. Escalating demand for …
The market for transit packaging is expected to be worth US$ 62.7 billion in 2022 and US$ 102.1 billion by 2026, growing at a CAGR of 10.4% between 2022 and 2026. Nowadays, transit packaging solutions hold a 27% market share for packaging used in international e-commerce. For the evaluation period of 2022 to 2026, sales of cartons …
According to Future Market Insights, the global pharmaceutical packaging market is likely to be valued at US$ 101.1 billion in 2023. By 2033, the market valuation is expected to reach a colossal valuation of US$ 206.6 billion by 2033, with overall pharmaceutical sales surging at 7.5% CAGR throughout the assessment period (2023 to 2033). Growing demand for pharmaceutical products due to increasing …
