New Product Development
The global iron oxide market is anticipated to reach a value of US$ 3,775 Mn in 2032, with the market growing at an average CAGR of 4.1% from the forecast period of 2022 to 2032. Driven by escalating consumption in paints & coatings, plastic manufacturing, and construction industries, the iron oxide market is expected to …
Continue reading “Iron Oxide Market Size and Share: Key Players and Their Strategies for Growth”
The global commercial grain market is expected to reach $2,662.2 billion by 2033. Between 2023 and 2033, total commercial grain mill sales are expected to grow at a 4.7% CAGR. Increasing bakery and confectionery product consumption, increased use of various types of flour in the thriving fast food industry, and rising consumer spending are some of …
Steady growth registered by the veneer sheets market is attributable to consistently rising demand from commercial and residential construction. In a new study, FMI has forecast the market to reach US$ 33.37 Billion by 2021. Growth forecasts continue to stay positive, albeit moderate because some of the established markets have been reaching maturity. For instance, despite …
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The beer bottling kit market is anticipated to expand at a CAGR of 6.2% during the forecast period. Sales in the market are expected to reach US$ 3,051.6 Million in 2033, up from US$ 1,672.2 Million in 2023. Beer bottling kits are being extensively used by breweries to cater to the growing demand for craft beer and draught beer across the globe. As …
Wood charcoal is a highly versatile and widely used fuel source that has been utilized by civilizations for centuries. It is derived from the burning of wood in a controlled environment with limited oxygen supply, resulting in the removal of volatile compounds and leaving behind a carbon-rich substance. Wood charcoal possesses several advantageous properties, making …
The molded fiber trays market will register steady growth at 5% CAGR between 2022 and 2032. Molded fiber trays are sustainable packaging solutions manufactured by using recycled materials. These recycled materials include waste newspapers, papers, cardboard, and others. Molded fiber trays are manufactured from recycled content and are recyclable, biodegradable, and compostable which adds to their various …
According to Future Market Insights, the global dunnage packaging market is projected to expand at a CAGR of 5.8%, exceeding US$6.8 billion by 2032. The growth is supported by the growing trend of inter-oceanic trade and increased import-exports between countries. The shipment of products needs adequate security and protection along with the safe delivery of goods …
The global thermal labels market is slated to grow by 4.8% CAGR as demand for eco-friendly packaging solutions grows across various industries. As per Future Market Insights (FMI), the increasing awareness among the masses and suppliers regarding sustainability is leading to shift towards environment-friendly packaging solution including thermal labels. According to the study, direct thermal labels …
Continue reading “Heating up Efficiency: Thermal Labels Market Achieves US$ 1,420.5 Million by 2032”
The global bags market is expected to grow by 3.9% CAGR between 2022 and 2032. As per Future Market Insights (FMI), plastic bags will account for 70% of sales in the global bags market. However, demand in the paper bags segment is poised to surge at a high pace. The surging adoption of paper bags is attributable to the demand …
Continue reading “Carrying Convenience: Bags Market Thrives with US$ 49.2 Billion Value in 2032”
Future Market Insights (FMI) predicts the global packaging bins market size to top US$ 3 Bn in 2032, up from US$ 2 Bn in 2022. Driven by surging demand for bulk packaging, the market is poised to grow by 4.4% between 2022 and 2032. Bulk bins are packaging solutions used for storing and transporting bulk materials/contents. These …
