The barrier packaging market is on a steady growth trajectory, with a projected CAGR of 5.5% from 2022 to 2032. This market is set to reach a substantial value of US$ 10.7 billion by 2032, compared to its worth of US$ 6.2 billion in 2022. The surge in demand for packaged food products, driven by …
Monthly Archives: September 2023
Stevia Market Gearing Up for Sweet Success, Anticipated to Achieve USD 708.1 Million by 2032
The global stevia market is expected to be worth USD 355 million in 2022, rising to USD 708.1 million by 2032, at a 7.2% CAGR from 2022 to 2032. By the end of 2022, the stevia market is estimated to account for 12.7% of the total natural sweetener market. Stevia is a natural sweetener with no calories that is obtained …
Double Coated Film Tapes Market Set for Robust Growth with a Projected CAGR of 6.8% by 2032, Valued at US$ 3.47 Billion
The double-coated film tapes market is projected to grow at a CAGR of 6.8% by 2032. By 2032, the market, which is currently worth US$ 1.8 billion, is anticipated to be worth US$ 3.47 billion. Due to their high demand, major players still utilize high-performance double-coated film tapes. Businesses are focusing on the tape used for foam …
Pouches Market Poised for Remarkable Expansion, Estimated to Reach US$ 69.28 Billion by 2032, Driven by Practicality and Affordability
The market for utility pouches worldwide is anticipated to grow from a value of US$40.56 billion in 2022 to US$40.5 billion in 2032 at a predicted CAGR of 5.5%. Its value is projected to increase to US$ 69.28 billion by 2032. The market’s growth can be ascribed to the rise in pre-packaged food and beverage demand as …
Cloud Services Market Soars: Valued at US$ 564.4 Billion in 2022, Anticipated to Reach US$ 4.4 Trillion by 2033
In a remarkable turn of events, the Cloud Services Market is on a trajectory of unprecedented expansion, according to the latest industry analysis. With a valuation of US$ 564.4 billion in 2022, this dynamic market is forecasted to maintain an impressive growth rate of 20.5% CAGR, surging from US$ 678.8 billion in 2023 to a staggering US$ …
Child Resistant Locking Pouches Market on the Rise: Projected to Reach US$ 2,386.54 million by 2033
The global child-resistant locking pouches market, valued at approximately US$ 1,231.4 million in 2022, is poised for further growth, with an expected valuation of US$ 1,307.75 million in 2023. This upward trend is driven by the increasing prominence of child-resistant/adult-friendly package testing, a response to the concerning incidence of accidental child poisonings on a global …
Strapping and Banding Equipment Market to Surpass US$ 3,964.4 million by 2033, Fueled by Increasing Demand for Package Safety
The global strapping and banding equipment market is experiencing robust growth, with a valuation of approximately US$ 2,376 million in 2022. This growth is expected to continue at a healthy CAGR of 4.8% throughout the forecast period, culminating in an estimated market value of US$ 3,964.4 million by 2033. Future Market Insights (FMI) predicts that …
Advancements in Pharmaceutical Technology Propel the Global Capsule-Filling Machines Market to Reach US$ 939.43 million by 2033
The global capsule-filling machines market is witnessing significant growth, driven by various factors, including advancements in pharmaceutical technology and the increasing prevalence of chronic diseases. This market is expected to reach a valuation of US$ 588.35 million in 2023, with further growth projected. Between 2023 and 2033, the demand for capsule-filling machines is anticipated to …
Global Printed Boxes Market Set to Reach US$ 34.2 Billion by 2033, Fueled by Growing Demand for Customized Packaging Solutions
The global printed box market is on a robust growth trajectory, driven by a diverse range of factors. With a valuation of approximately US$ 20.4 billion in 2022, the market is expected to reach US$ 21.4 billion in 2023, and this upward trajectory is projected to continue with a healthy CAGR of 4.8% until 2033, …
Global Floor Displays Market to Reach $4.4 Billion by 2033, Driven by Growing Demand for Innovative Merchandising Solutions
The global pre-printed tape market is on a growth trajectory, driven by several key factors. The demand for pre-printed tape is witnessing an upsurge due to the emphasis on attractive packaging, the need for product differentiation, and technological advancements in the printing industry. Pre-printed tapes, also known as custom-printed tapes, offer a comprehensive solution by …