New Product Development
By 2031, the global multi-depth corrugated boxes market is expected to have grown by a respectable 6.4% CAGR, reaching US$ 1,614.2 Mn. These boxes are reduced in size to the needed dimensions, and the package’s height is modified to account for the size of the item within. The market for multi-depth corrugated boxes is expanding …
Continue reading “Multi-depth Corrugated Boxes Market to Witness a CAGR of 6.4% during 2022 to 2031”
In the upcoming years, it is projected that the about US$ 3.5 billion temperature-controlled packaging solutions market for the pharmaceuticals industry will experience rapid expansion. A recent analysis by Future Market Insights (FMI) estimates that the adoption of temperature-controlled packaging solutions for pharmaceutical items will generate global revenues at a CAGR of just under 8% …
Throughout the projected period, the North American PET blow moulder market is anticipated to expand significantly. PET, also known as polyethylene terephthalate, is a thermoplastic polymer that is frequently used in the manufacture of containers for packaging, including bottles and jars. By blowing air into a heated preform, the manufacturing technique of blow moulding creates …
Continue reading “North America PET Blow Molder Market to Reach US$ 57.3 million by 2026”
The Wall Decor Market is expected to reach US$ 70,985.9 Mn by 2027, likely to surge at a vigorous 4.0% CAGR during the assessment period. Projected to demonstrate a steady revenue growth of just-under 4% year on year in 2019, the total sales of wall décor will reportedly approach the valuation of US$ 52 Bn. Driven …
Continue reading “Wall Decor Market is Projected to Reach US$ 70.9 Billion by 2027 | Report by FMI”
The global tampon market is estimated to expand at a CAGR of over 6.0% throughout the forecast period of 2022-2032, reaching US$ 8.5 Billion by the end of 2032. Tampons are a type of feminine hygiene product that are meant to absorb menstrual blood flow. They are considered to be more comfortable and eco-friendlier than sanitary pads and are now available across several developed …
Continue reading “Tampon Market to be US$ 8.5 Billion by 2032 | Future Market Insights, Inc.”
FMI announces the release of its comprehensive market research report on the global Blister Packaging Market. The report provides a detailed analysis of the current state of the market, its key trends, drivers, challenges, and opportunities, and its future outlook. The global blister packaging market is projected to reach US$ 22.9 Bn by the year 2031 at …
The U.S. and Canada hot food vending machine market market is estimated to reach US$ 4.17 Bn in 2022 and is projected to surpass US$ 7.83 Bn by 2031. Sales of hot food vending machines in the U.S. and Canada increased at a CAGR of 7.2% from 2017 to 2021. Increasing number of self-checkout kiosk coupled with convenient payment options is boosting the demand …
The global bed linen market is likely to garner a revenue of about US$ 35.44 billion by 2032, up from US$ 20.36 billion in 2022, with a CAGR of 5.7% during the forecast period. Home décor is considered to reflect the status and taste of the owner who willingly spends money to decorate the house A good bed sheet matching with an aesthetic …
The market for bundling machines was valued US$ 3.7 billion in 2022, and it is anticipated to grow to US$ 6.9 billion between 2022 and 2032 at a staggering CAGR of 10.4%. As the name implies, bundling machines are used to package a variety of goods in a single wrap. Stretch films, shrink films, and …
According to FMI’s estimate, the global market for packaging films for boxes and cartons is expected to grow at a CAGR of 3.5% over the forecast period. The size of the industry is projected to rise from US$ 12.2 billion in 2023 to US$ 17.1 billion by the end of 2033. Box and carton packaging …
