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 presents and …
Monthly Archives: August 2023
Rapid Expansion of FIBC Market Expected, with a Projected Value of US$ 11.9 Billion by 2032
To create the shape of the FIBCs, strong sheets of heavy-duty PVC-covered polyester or nylon were connected, and the containers were then lifted using pallets. Due to the rising need for flexible packaging that takes up less space, these FIBCs made woven polypropylene bulk bags conceivable. Due to continual structural and design improvements, FIBCs are primarily …
Europe’s Bulk Bags Market by 2030, Driven by Growing Industrial Applications
The Europe bulk bags market is expected to expand significantly between 2022 and 2030. Demand for eco-friendly and sustainable packaging solutions is anticipated to increase across a number of industries, including agriculture, construction, chemicals, food, and beverage. Bulk bags, often referred to as flexible intermediate bulk containers (FIBCs), are created for the storage and transportation of a …
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Silica for S-SBR Market Set for Impressive Growth: Anticipated to Surpass US$ 1.8 Billion by 2033 with a 7.3% CAGR
Based on the market research conducted by FMI, the global Silica for S-SBR Market is projected to record a CAGR of 7.3% from 2023 to 2033. The market size in 2023 is expected to be US$ 861.8 million. By 2033, the valuation is anticipated to reach beyond US$ 1.8 billion. The manufacturers in the footwear market …
Booming Demand for Luxury Rigid Boxes Drives Global Market to US$ 5.4 billion by 2030
The luxury rigid box market is anticipated to generate US$ 4.0 billion in 2022 and US$ 5.4 billion in 2030, with a forecasted CAGR of 3.9%. Jewellery, cosmetics, and other expensive items are commonly wrapped in upscale rigid boxes. Thanks to their excellent product protection and high-quality construction, these boxes are perfect for both carrying and storing …
Strong Expansion Foreseen in the Global BOPP Packaging Tapes Market, Valued at US$ 29,719.2 million by 2033
Current market analysis predicts that during the next several years, the global BOPP packaging tapes market will grow quickly. It is anticipated that between 2022 and 2029, the market, which consists of a wide range of sticky tape materials used in packaging applications, will increase at a CAGR of 4.5% and reach US$ 23.8 billion. …
Rapid Surge in the Global Straw Market Projected, Surpassing US$ 32.2 billion by 2033
During the projected period, a CAGR of 5.3% is anticipated for the worldwide straw market. In 2023, the market is anticipated to be worth US$19.2 billion. By 2033, it is anticipated that the figure will exceed $32.2 billion. The number of foodservice restaurants has significantly increased in recent years. This would continue to be one of …
Explosive Growth Expected in the Global Paper Packaging Market, Reaching US$ 5,73,705.45 million by 2033
The global paper packaging market is predicted by FMI to expand at a robust CAGR of 4.1% over the projected period. The industry is anticipated to have increased from US$ 3,83,867.8 million in 2023 to US$ 5,73,705.45 million by the end of 2033. As supermarkets and hypermarkets grow more prevalent, it is anticipated that sales of paper …
Unveiling the Strength and Versatility: Exploring the Strapping Tapes Market by 2033, Reaching a net worth of US$ 35.2 Billion
Introduction Strapping tapes have become an essential part of modern packaging solutions across various industries. Their versatility, strength, and adhesive properties make them an ideal choice for securing and bundling products during transportation and storage. In this article, we will delve into the Strapping Tapes Market, exploring its dynamics, key players, applications, and future growth …
Promising Growth Prospects: Global Microcrystalline Cellulose Market to Flourish at 6.3% CAGR during Forecast Period
The global Microcrystalline Cellulose Market is projected to create opulent growth opportunities over the evaluation period by registering a CAGR of 6.3% from 2023 to 2033. The global market value is expected to grow from US$ 974.7 million in 2023 to US$ 1,794.1 million by 2033 end. The growth of the market is attributed to its …