As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Ribbed Closures market is expected to grow at a healthy CAGR during the forecast period (2017-2027). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales of Ribbed Closures in the coming …
Monthly Archives: August 2023
Enhancing Product Protection: Corrugated Wrap Around Packaging Offers Strength for Tetra Packs, Bottles, and Gable Tops
Corrugated wrap-around packaging, often referred to as wraps, offers a seamless fit for automatic production lines, streamlining manufacturing processes. These boxes are crafted through die-cut packaging techniques that envelop the corrugated material, ensuring optimal strength and protection. This packaging solution is particularly well-suited for safeguarding delicate items like tetra packs, bottles, and gable tops. Corrugated …
North America Leads Global Glass Decanters Market, Fueled by High Wine Consumption and Purchasing Power
The global glass decanters market is set to experience a steady Compound Annual Growth Rate (CAGR) of 3% during the forecast period, with an estimated valuation of US$ 427.73 billion by 2032, marking a notable increase from the US$ 318.27 billion recorded in 2022. Leading the market, North America owes its prominence to its status …
Peanut Butter Market Projections: Reaching USD 7.9 Billion by 2032 | Future Market Insights
The Peanut Butter market is worth USD 5.0 billion in 2022 and is expected to rise at a CAGR of 4.7% during the forecast period, reaching USD 7.9 billion by 2032. Making peanut butter from dry-roasted peanuts results in a high-protein, low-calorie snack. You can substitute it for dairy butter. Toast, crackers, and many other meals can be …
Canned Foods Market Envisioned to Attain US$ 25.6 Billion by 2033, Sustained by Shifts in Consumer Lifestyles and a Growing Preference for Long-Lasting Food Storage Solutions
The Canned Foods Market is witnessing steady growth, with a projected value-based CAGR of 4.2% from 2023 to 2033. Starting with a market share of US$ 16.3 billion in 2022, it is expected to grow to US$ 17 billion by 2023 and further to US$ 25.6 billion by 2033. The convenience, longer shelf life, and increasing demand for …
Inclusion Bags Market Poised for Expansion: Estimated to Reach US$ 590.75 Million by 2033 with 2.4% CAGR
The Inclusion Bags market is experiencing the fastest growth, driven by the rising demand for sustainable and convenient packaging solutions in various industries. Inclusion bags, also known as pouches or sachets, are versatile packaging options that provide a convenient way to incorporate small items or samples into larger product packaging. Inclusion bag sales worldwide are …
Postbiotic Supplements Market to Surge with a Striking 11.5% CAGR, Projected to Reach US$ 28.3 Million by 2032
The Postbiotic Supplements Market is witnessing rapid expansion, projected to reach US$ 28.3 million by 2032, with an impressive CAGR of 11.5%. These supplements are gaining popularity due to their potential to improve gut health and overall well-being. The increasing consumer awareness regarding the importance of postbiotics is driving market growth. Byproducts of the fermentation cycle that probiotics carry …
Challenges and Opportunities in Hand-Held Capping Machines Market: Initial Costs and Technological Advancements Shape Future Growth Trajectory
The global hand-held capping machines market is poised for a steady Compound Annual Growth Rate (CAGR) of 3.9% during the forecast period. This growth trajectory is expected to propel the market’s valuation from US$ 290.9 million in 2022 to an estimated US$ 426.5 million by 2032. The escalating demand for hand-held capping machines can be …
Anticipated Incremental Opportunity of US$ 278.7 Million: Positive Growth Trajectory Forecasted for Thermochromic Labels Market from 2023 to 2033
The thermochromic labels market is on track to achieve robust growth, projected at a healthy Compound Annual Growth Rate (CAGR) of 6.3% from 2023 to 2033. The market’s anticipated value of US$ 781.14 million by 2033 signifies significant expansion compared to its estimated US$ 424.03 million valuation in 2023. The demand for thermochromic labels is …
Wet Pet Food Market Predicted to Reach US$ 37.7 Billion by 2033, as Pet Owners Embrace Premium and Nutritious Dietary Choices for Their Beloved Companions
The global wet pet food market is expected to be worth US$22.6 billion in 2023. Furthermore, with the increasing popularity of pets globally, the overall demand for wet pet food is expected to expand at a 5.5% CAGR from 2023 to 2033, achieving a market worth of US$ 37.7 billion by 2033. Investors have taken note of this …