The giant bags market will be worth US$6.1 billion by 2023. Its growth would accelerate at a CAGR of 4.2% from 2023 to 2033. It would be worth more than $9.9 billion by 2033. Everywhere, plastic products have merged into daily life. Future Market Insights (FMI) claims that this has caused things to be produced …
Monthly Archives: May 2023
Growing Demand for Eco-Friendly Packaging Drives the Jute Bags Market to Reach US$ 1.9 Billion by 2032.
According to Future Market Insights (FMI), the popularity of jute bags is expected to rise due to its durability, affordability, and sustainability. It is expected that the jute bag market would expand steadily from 2022 to 2032. The market is expanding as more people use jute bags for a range of purposes, from carrying light …
Rapid Expansion of the FMCG Packaging Market Predicted to Reach US$ 778.7 billion by 2033.
Between 2022 and 2032, the global FMCG packaging market is anticipated to develop at a CAGR of 5.7%, with 1.8 times higher revenues. Almost half of all sales for consumer items, including food and hygiene products, are in packaging. The advent of e-commerce and online shopping, which has increased demand for durable packaging that can …
Strong Market Growth Anticipated for Pad Printing Machines, Valued at US$ 1,897.8 million by 2033.
The pad printing machines market is projected to grow between 2023 and 2033 at a CAGR of 5.3%, ending the assessment period with US$ 1,897.8 million. Using the printing technique known as pad printing, two-dimensional graphics can be made into three-dimensional objects. These instruments are widely used in the pad printing, toys and recreational products, …
Expanding Pharmaceutical Cold Chain Packaging Market Forecasted to Surpass US$ 60,100.9 million by 2033.
By 2022, the global pharmaceutical cold chain packaging market size was worth US$ 13,413 million growing from US$ 6,249.2 million in 2016. Over these years between 2016 and 2022 the market followed an average CAGR of 13.3% withstanding the pandemic lockdown and business disruptions. In the present year 2023, the net valuation of total demand …
Steady Growth Expected in the Paper Core Market, Projected to Reach US$ 4.9 billion by 2030.
The size of the global paper core market was expected to be US$ 3.4 billion in 2022, and it is anticipated to grow at a CAGR of 4.9% from 2022 to 2030, according to a new report by FMI. The market is being driven by an increase in demand for paper cores across a number …
Growing Popularity of Sustainable Packaging Fuels the Edible Water Pods Market, Expected to Reach US$ 284 million by 2033.
The edible water pods market is expected to reach a value of US$ 120 million in 2023 and is projected to surpass US$ 284 million by 2033, with a compound annual growth rate (CAGR) of 9.0% during the forecast period. Edible water pods have gained popularity as an eco-friendly alternative to plastic water bottles, providing …
Surging Demand for Sustainable Solutions Drives the Plant-Based Foam Market to Reach US$ 457.0 million by 2033.
In today’s notably evolving world, sustainability has become a paramount concern across industries. As consumers increasingly seek eco-friendly alternatives, one remarkable innovation that has gained significant attention is plant-based foam. The rise of plant-based foam signifies a shift toward sustainable and eco-friendly materials. With its renewable nature, versatile applications, and growing consumer demand, plant-based foam …
Expanding Demand for Low Migration Inks Propels the Market to Reach US$ 2.8 billion by 2033.
According to projections, the market for low migration inks is expected to reach a value of US$ 1.4 billion in 2023 and exceed US$ 2.8 billion by 2033. The market is set to exhibit a remarkable CAGR of 6.9% throughout the forecast period. Low migration inks are designed to minimize the migration of harmful or …
Rising Demand for Technical Textiles Market: Opportunities and Challenges in the Forecast Period
Demand for technical textiles will grow due to the increasing cases of soil erosions in mountainous region. According to data from European Union, more than 80% of all agricultural areas and natural grassland in European Union are expected to be affected by severe soil erosions in 2016. Technical textiles, also known as smart textiles or functional …