The global marking and coding equipment market is estimated to value US$ 1.3 billion in 2022 and is projected to reach US$ 1.8 billion by 2027, at a CAGR of 5.6%. According to a Future Market Insights (FMI) analysis of the in-mold label market, global in-mold label consumption will rise 3.2% year over year (YoY) to reach US$ 1.1 Bn in …
Monthly Archives: May 2023
Barrier Shrink Bags Market are anticipated to register a CAGR of 5.9% from 2023 to 2033
In the current year 2023, the barrier shrink bag market is anticipated to reach approximately US$ 2,112.3 million. According to market analytical data, global market sales are expected to grow at a CAGR of 5.9% between 2023 and 2033. By 2033, the market is projected to continue to grow and reach a value of US$ …
Future of Soft Touch Polyurethane Coatings Market: Trends and Forecasts
Driven by adoption of ultra violet (UV) curable polyurethane (PU) dispersion coatings and growing preference for water based formulations, the soft touch polyurethane coatings market is forecast to reach valuation of US$ 6430 million by the end of 2021. As per newly released data by Future Market Insights (FMI), global sales of overall soft touch polyurethane coatings market enjoyed year-on-year (YoY) growth of 3.50% in 2021 to …
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In-mold Labels Market rising at a CAGR of 3.3% from 2023 to 2033 and reaching US$ 1,568.1 million
The global in-mold labels market is expected to attain a valuation of US$ 1,133.4 Million in 2023 and is projected to reach US$ 1,568.1 Million by 2033, trailing a CAGR of 3.3% during the forecast period. The market is being driven by various factors, including the growing demand for labels in food packaging, the increasing desire among …
Produce Packaging Market is rising to US$ 44,447.6 million by 2033 with Impressive Growth in future
The produce packaging market is anticipated to enjoy robust demand, with a total value of US$ 34,470.9 million in 2023 increasing to US$ 44,447.6 million by 2033. Between 2023 and 2033, FMI expects the sales of produce packaging to expand at a 2.6% CAGR. Changing eating habits and lifestyles may cause people to buy more packaged goods, …
Ziplock Products Market – China Holds Around 61.7% Share of the East Asia Market | Says FMI
The ziplock products market is anticipated at US$ 2.2 Billion in 2022 and is projected to reach US$ 4.5 Billion by 2032, at a CAGR of ~7.5% from 2022 to 2032. To capitalize on the growing demand from a wide range of industries, ziplock products manufacturers are using innovative technology such as lamination and eco-friendly materials. As food items include food grade …
Blowing Torch Market in the Butane Segment Currently Accounts for Over 32% of the Global Market
The global blowing torch market size is expected to reach US$ 318.5 Million in 2022 and further grow at 4.8% CAGR during the forecast period from 2022 to 2032. Moreover, sales of blowing torches in the global market are projected to surpass a valuation of US$ 510.1 Million by 2032. Demand in the market is especially high for gas blowing torches due to …
Leading players in the Metal Bellows Market are Estimated to Account for Approximately 10-15% of the Total Market Share
The global metal bellows market size is expected to reach US$ 1,968 Million in 2022. Furthermore, with rising adoption across various industries, the overall demand for metal bellows is projected to grow 6% CAGR from 2022 to 2032, totalling a market valuation of US$ 3,550 Million by 2032. Bellows come through as ‘flexible seats’, mainly due to the fact that they have a …
Demand for Pet Hotels Market is Likely to Grow at a CAGR of 8.4%, through 2032 | FMI
The global pet hotel market is predicted to reach a value of US$ 9679.1 Million by 2032, with sales growing at a robust CAGR of 8.4% from 2022 to 2032. Predicted to reach an estimated US$ 4320.6 Million in 2022, the target market is fueled by shifting and prevailing trends for premium pet services. The growing awareness of veterinary health further aids the …
European Hydration Backpack Market Share Currently Stands at 38% of the Global Market Share | FMI
The global hydration backpack market size is expected to reach US$ 388 Million and is projected to grow at a CAGR of 12%. Due to increased participation in sports and recreation activities, the global market will reach a value of US$ 5735 Million by the year 2033. Several health concerns regarding plastic usage and bottled water have led to consumers switching to eco-friendly …