According to Future Market Insights, the package tensioner market is expected to develop at a 4.8% CAGR between 2022 and 2032, reaching a worth of US$ 1.6 Bn by then (FMI). Many packaging industries utilise the cord strap packaging tool known as a packaging tensioner to firmly seal the strap for a longer shelf life. …
Monthly Archives: April 2023
Insulated Shipping Boxes Market to Exceed US$ 4 billion by 2032, Driven by Growing Demand for Temperature-Controlled Packaging Solutions in Food and Pharmaceutical Industries
From 2022 to 2032, the market for insulated shipping boxes is anticipated to develop at a CAGR of 8% to 9%, reaching a value of around US$ 4 Bn. This Insulated Shipping Boxes market study carefully analyses the business methods, key strategies, and respective market shares of some of the most important firms in this …
Industrial Magnetrons Market is Expected growing at an impressive 4.9% CAGR during Forecast 2022 to 2026
The worldwide industrial magnetrons market size is assessed to set out a gradual freedom of US$ 4.72 Billion toward the finish of 2022. Developing use of magnetron innovation across the assembling area in industrial warming hardware is supposed to work with the development in the market. Future Market Bits of knowledge’s as of late arranged …
Smart Water Grid Market is anticipated to grow at a CAGR of 16.8% to reach US$ 101,248.3 million during Forecast 2022 to 2032
The worldwide smart water grid market was esteemed at around US$ 18,664.5 Million out of 2021 and is supposed to develop at a CAGR of 16.8% to arrive at US$ 101,248.3 Million by 2032. Smart water grid innovation is supposed to fill in prominence because of its expense adequacy, effectiveness, significant investment reserve funds, and …
Industrial Robots Market is Expected to Reach a valuation of US$ 55.66 Billion during Forecast 2022 to 2032
An as of late distributed concentrate by FMI expects the worldwide industrial robots market to increase at a 12% CAGR from 2022 to 2032. Toward the finish of the said evaluation time frame, a valuation of US$ 55.66 Billion is normal for the market. Expanding adaption of industrial robots in end client ventures, for example, …
Transformer Monitoring System Market to Display Impressive Growth of 8.9% CAGR from 2022 to 2032
In 2022, the global transformer monitoring system market will be worth US$ 2,785.2 million. It is predicted to increase between 2022 and 2032 at a compound annual growth rate of 8.9%, reaching US$ 6,539.2 Million by the end of that year. It is predicted to grow between 2022 and 2032 at an estimated 8.9% CAGR, …
Aircraft Ground Support Equipment Market is Projected to Grow at a Strong CAGR of over 6.5% by the end of 2031
The global aircraft ground support equipment market is anticipated to grow at a CAGR of 6.5% between 2021 and 2031, reaching a market volume of roughly 27,000 units by the end of 2031, according to Future Market Insights (FMI), an ESOMAR-certified consulting firm. Ground support equipment is in high demand as a result of new …
Global Plastic Resins Market to Surpass US$ 1186 Billion by 2032, Driven by Increasing Demand from Packaging and Automotive Industries
The base materials for making a variety of plastic items are called plastic resins. They are extensively employed in a variety of sectors, including textiles, packaging, automotive, construction, and electronics. During the coming years, the market for plastic resins is anticipated to expand rapidly due to the rising need for plastic items. Polyethylene, polypropylene, polyvinyl …
Alcohol Packaging Market to Reach US$ 69,235.6 million by 2032, Driven by Rising Consumption of Alcoholic Beverages and Demand for Sustainable Packaging Solutions
The sizable and developing global alcohol packaging market makes it feasible to transport and store alcoholic beverages in a safe and efficient manner. The market is being driven by the premiumization trend and the increase in alcohol consumption, as consumers are willing to pay more for packaging that is of higher quality and features more …
BOPP Bags Market to Surpass US$ 28 Billion by 2032 , Fueled by Growing Demand for Flexible Packaging in Food and Agriculture Industries
The global BOPP bag market is projected to expand at a CAGR of 4% to 5% between 2022 and 2032. Sales of BOPP bags are projected to reach US$28 billion by 2032. The market for BOPP bags is anticipated to grow significantly in the coming years as a result of the increasing need for packaging …