The industrial pails market is anticipated to undergo significant growth in the coming years, with an average compound annual growth rate (CAGR) of 4.6% from 2022 to 2032. By the end of this period, the market is estimated to reach a value of approximately US$12.1 billion. The growth of the industrial pails market can be …
Monthly Archives: June 2023
Future of Automotive Wheel Coatings Market: Innovations and Advancements on Vehicle Performance and Maintenance
The global automotive wheel coatings market is expected to increase at a 3.1% CAGR from 2022 to 2032. The global marketplace is estimated to be worth US$ 737.6 billion by the end of 2022, and US$ 1,001.4 billion by the end of 2032. The growth of the market is attributed to the decorative and performance coatings made …
Surging Demand for Folding IBCs Propels Global Market to Reach US$ 527 million by 2027
The flexible intermediate bulk containers (IBCs) market, specifically folding IBCs, is expected to experience significant growth in the coming years, with a projected compound annual growth rate (CAGR) of 4.8%. It is anticipated to reach a value of US$418 million by 2022 and increase to US$528 million by 2027. The growth in the folding IBC …
Gusseted Bags Market Set to Surpass US$ 26 billion by 2026, Driven by Increased Demand for Convenient and Versatile Packaging Solutions
The gusseted bag market is expected to exhibit steady growth during the forecast period, with a projected compound annual growth rate (CAGR) of 2.8%. By the end of 2026, the market is estimated to generate sales of approximately US$26,008.8 million. Gusseted bags are versatile packaging solutions that find extensive use in various food products, particularly …
Robust Growth Anticipated in Specialty Films Market, Valued at US$ 28 billion by 2026
The speciality films market is poised for rapid growth, with a projected compound annual growth rate (CAGR) of 4.9% between 2022 and 2026. The increasing demand for speciality films, particularly in the food and pharmaceutical packaging sectors, is a significant driver behind this expansion. Barrier films, a type of speciality film, offer enhanced protection against …
Metalized Barrier Films Market Poised to Exceed US$ 3,463.1 million by 2032, Driven by Rising Demand for Sustainable Packaging Solutions
According to the provided information, the global metalized barrier films market was valued at US$1.9 billion in 2021. It is projected to grow at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2032, reaching a value of US$3.47 billion by the end of 2032. The expansion of the metalized barrier films market …
Rapid Surge in Bag-in-Tube Market Expected to Reach US$ 17.8 Million by 2029
According to a report by Future Market Insights, the bag-in-tube market is poised for substantial growth, particularly in the wine packaging sector. The report forecasts a remarkable compound annual growth rate (CAGR) of over 13.1% for the global bag-in-tube market between 2022 and 2029. The increasing popularity of bag-in-tube packaging can be attributed to several …
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Explosive Growth Projected for Gummed Tapes Market, Surpassing US$ 1.9 Billion by 2031
The gummed tapes market is predicted to exhibit a robust compound annual growth rate (CAGR) of approximately 6.2% from 2021 to 2031. This growth indicates a substantial expansion of the market, with gummed tape sales expected to nearly triple during the same period. Gummed tapes, also referred to as water-activated tapes, are adhesive tapes widely …
Wine Fermentation Equipment Market is expected to grow at a CAGR of 4.0% during 2023 to 2033
The wine fermenting equipment market is anticipated to expand at a CAGR of 4.0% from 2023 to 2033. By the end of 2033, the market is anticipated to have increased from US$ 1,468.2 million in 2023 to US$ 2,173.3 million. The process of turning grape juice into wine is known as wine fermentation. Alcohol and …
Rubber Extruder Market Set to Witness an Uptick Size US$ 4,021.5 billion to 2032: Future Market Insights, Inc.
By 2032, the size of the global rubber extruder market is anticipated to be US$4,021.5 million. The market for rubber extruders is expanding quickly. The global rubber extruder market is anticipated to reach US$ 2,399.5 Million in 2022 and is expected to grow at a CAGR of 5.3 percent over the course of the forecast period, according to FMI analysts. Due to …