New Product Development
Trays are widely used as primary packaging materials due to their affordability, lightweight nature, durability, and suitability for various industries such as food chains, restaurants, and pharmaceuticals. These factors are the key drivers of growth in the trays market. The global tray market is projected to expand at a compound annual growth rate (CAGR) of …
Continue reading “Booming Demand Projected: Trays Market to Reach US$ 31.5 Billion by 2032”
Stretch sleeve labels are a type of ready-to-use labels that are applied to containers without the need for adhesives. These labels are commonly made from plastic materials such as polyethylene terephthalate glycol (PETG) to suit different requirements. Stretch sleeve labels find wide applications in industries like food, beverage, pharmaceuticals, personal care & cosmetics, homecare, and …
The size of the global carbonic maceration market is anticipated to be US$ 445.2 million in 2023 and to increase at a 6.2% CAGR over the course of the forecast period, reaching US$ 812.5 million by 2033. One of the main factors propelling the global carbonic maceration market is the increasing demand for various natural …
The CAGR for the global cocoa maker market between 2023 and 2033 is predicted to be 3.3%, indicating steady growth. The size of the global market was US$ 2,055.4 million in 2022, and it is predicted to reach US$ 2,123.2 million in 2023. The market is anticipated to surpass a valuation of US$ 2,937.6 million …
Continue reading “Cocoa Maker Market Set to Soar, Predicted to Reach US$ 2,937.6 million by 2033”
The size of the global dairy filtration systems market is anticipated to increase from US$ 2,231 Million in 2023 to US$ 3,565 Million by 2033, with annual sales increasing at a 4.8% CAGR from 2023 to 2033. The market for dairy filtration systems is a mature one, driven by rising government standards for safety and …
The net worth of the market share of pharmaceutical plastic bottles is predicted to grow from US$ 35.8 Billion in 2023 to over US$ 97.1 Billion by 2033. This is expected to further drive the market share and register a CAGR of 10.5% between 2023 and 2033. The pharmaceutical plastic bottles market has witnessed significant growth in recent years, and this trend is …
The global metallized films market is expected to hit a market value of more than US$ 4 Billion by 2022, and is expected to reach US$ 5.6 Billion expanding at a CAGR of 5% from 2022-2028. Metallized films, also known as metallized plastic films, are created through a process known as metallization. In this process, a thin layer of metal, typically aluminum, is …
A recent report by Future Industry Insights (FMI) predicts that the container liner market will witness a steady growth rate of 4.6% annually from 2023 to 2033. The projected growth indicates positive prospects for the container liner market, which is valued at US$891 million in 2023. Container liners are extensively used in multiple industries for …
According to projections from a report, the plastic medical packaging market is expected to grow at a compound annual growth rate (CAGR) of 5% over the forecast period, reaching a value of US$24,768.7 million in 2023 and US$40,306.8 million in 2033. The increasing demand for safe and hygienic packaging solutions in the healthcare industry is …
The global metallized PET cartons market is projected to experience steady growth, driven by several factors. According to Future Market Insights (FMI), the market is expected to reach a value of US$185.1 million in 2023, with a compound annual growth rate (CAGR) of 4.5% during the forecast period. By 2033, the market is estimated to …
