The global splicing tapes market is anticipated to expand at a steady 4.8% CAGR between 2022 and 2032, according to Future Market Insights (FMI). The market for splicing tapes is anticipated to generate sales worth US$ 603 million in 2022. The increasing use of paper splicing tapes in industrial sectors is supporting market expansion. As …
Monthly Archives: May 2023
Bulletin Boards Market is Primarily Dependent on the Growth of Education Sector | Report by FMI
The global bulletin boards market is predicted to register a growing substantially double-digit CAGR of 5.3% by garnering a market value of US$ 523 Million. Bulletin boards which generally use to display information to wider audience, is considered as an essential product for school/colleges, corporate offices and in sports events. The growing usage and demand for bulletin boards in school/colleges, corporate offices …
Adult Incontinence Products Market is Likely to Cross ~US$ 26.46 Billion by the End of 2032 | Report by FMI
The Adult Incontinence Products Market is likely to hold the global market at a moderate CAGR of ~7.7% during the forecast period. The global market holds a forecasted revenue of ~US$ 12.6 Billion in 2022 and is likely to cross ~US$ 26.46 Billion by the end of 2032. The adult incontinence products market hold a major market share in developed countries such as North America, Europe, …
Strong Momentum: Packing Paper Market Forecasted to Exceed US$ 72.4 Billion in 2032
The packing paper market is expected to grow at a CAGR of 4.8% from USD 45.3 billion in 2022 to USD 72.4 billion by 2032. The COVID-19 pandemic has had a significant impact on businesses and manufacturing industries worldwide, including the packing paper market. Extended lockdowns and disrupted supply chains have led to a decrease …
Thriving Demand: Tobacco Packaging Market Anticipated to Reach US$ 19.3 billion by 2032
The worldwide tobacco packaging market is expected to reach US$ 14.1 billion in 2022, with sales projected to grow at a CAGR of 3.2% and surpass US$ 19.3 billion by 2032. The market growth is attributed to factors such as increasing urbanization and the popularity of cigarettes among the youth. Additionally, the high-stress levels, increased …
Rapid Expansion: Paper Masking Tapes Market Projected to Surpass US$ 3.6 billion by 2033
The paper masking tapes market is expected to exhibit a CAGR of 5.7% between 2023 and 2033. By 2033, the market is projected to surpass a valuation of US$ 3.6 billion, while it is estimated to be valued at US$ 2.1 billion in 2023. The market growth is driven by the increasing electrification and advanced …
Explosive Growth: Intelligent Packaging Market Expected to Reach US$ 56.0 billion by 2033
The global intelligent packaging market is expected to reach a size of US$ 23.6 billion in 2023, with sales projected to grow at a CAGR of 9.0% between 2023 and 2033. By the end of 2033, the total market valuation is forecast to reach US$ 56.0 billion. The market growth is driven by the increasing …
Rapid Growth in the Global Caps and Closures Market Expected to US$ 157.0 billion by 2033
The global caps and closures market is projected to experience substantial growth from 2023 to 2033. The market size is expected to increase from US$ 89.9 billion in 2023 to US$ 157.0 billion by 2033, at a compound annual growth rate (CAGR) of 5.7% during this period. Several factors contribute to this growth, including the …
Beard Grooming Products Market is Anticipated to Show Promising Growth Prospects During the Forecast Period by 2032
The beard grooming products market is likely to hold the global market at a moderate CAGR of ~8.6% during the forecast period. The global market holds a forecasted revenue of ~US$ 32.1 Billion in 2022 and is likely to cross ~US$ 34.8 Billion by the end of 2032. The continuous evolution of consumer demographics and lifestyles has resulted in a significant change in …
Salon Chairs Market is Likely to Hold the Global Market at a Medium CAGR of 5.3% Over the Forecast Period by 2032
The salon chair market is likely to hold the global market at a moderate CAGR of ~5.3% during the forecast period. The global market holds a forecasted revenue of ~US$ 9.2 Billion in 2022 and is likely to cross ~US$ 15.4 Billion by the end of 2032. The trending convergence of all-purpose salon chairs, which have more adoption rate, is further anticipated to create remunerative …