The United States boasts a thriving steel drum market, with a substantial market size expected to reach US$ 1.6 billion by 2033, reflecting a robust CAGR of 3.6% from 2023 to 2033. This impressive growth is primarily attributed to the presence of key industry players that supply steel drums across the United States. Prominent companies …
Monthly Archives: October 2023
Empty Capsules Industry’s Remarkable Journey Towards US$4.9 Billion in 2033 | Reveals by FMI
The global market for empty capsules is on a promising growth trajectory, with projected sales set to reach an impressive US$2.3 billion by 2023. This expansion is expected to persist with a steady compound annual growth rate (CAGR) of 7.9% from 2023 to 2033, culminating in a market value of US$4.9 billion. The surging demand for empty …
United States Floating Covers Industry Set for Growth: Projected to Reach US$ 261.1 Million by 2033
The United States floating covers industry is poised for substantial growth, with a projected valuation of US$ 261.1 million by 2033, showing a steady CAGR of 3.4%. The increasing demand for treated water in the pharmaceutical and beverage sectors, along with the urgent need for demineralized water to support industrial power generation, will drive market …
Global Peptide Therapeutics Industry on a Steady Upward Trajectory: Exploring the 10.8% CAGR and US$106 Billion Outlook for 2023 to 2033 | FMI Insights
The Global Peptide Therapeutics Industry has surged to a staggering valuation of US$38 billion in 2023 and is poised to reach an impressive US$106 billion by 2033. This remarkable growth is being driven by a robust compound annual growth rate (CAGR) of 10.8% over the forecast period. Notably, peptide therapeutics currently dominate 53.7% of the …
Convenient Packaging Solutions Fuel United States Aluminum Aerosol Cans Market, Achieving a 4.0% CAGR and US$ 1.6 Billion Valuation
The United States takes center stage in the aluminum aerosol cans market, projected to achieve a robust 4.0% compound annual growth rate (CAGR) with a valuation of US$ 1.6 billion during the forecast period. The driving force behind this growth is the increasing consumer spending on cosmetic brands, largely attributable to the high standard of …
North America Leads Global Vending Cups Market with Anticipated Valuation of US$542.7 Million by 2033
The North American market is poised to lead the global vending cups market, with a projected valuation of US$ 542.7 million from 2023 to 2033. This dominance can be attributed to the region’s increasing number of events, including popular sports events like football and cricket, as well as a rising trend of social gatherings. Furthermore, …
United States to Maintain Dominance in Global Fiber Drum Market, Forecasted at $239.2 Million by 2033 with 4.2% CAGR
The United States is poised to maintain its dominant position in the global fiber drum market, with an estimated market size of US$ 239.2 million by the end of the forecast period in 2033, exhibiting a solid compound annual growth rate (CAGR) of 4.2% from 2023 to 2033. This continued leadership is attributed to the …
Rising Demand for Personalization Spurs Growth of Direct-to-Shape Inkjet Printers in the U.S., Set to Dominate North America
Highly effective promotional campaigns that offer personalized and customized products are playing a pivotal role in driving the demand for direct-to-shape inkjet printers in the United States. According to an analysis by FMI, the U.S. is poised to dominate North America, accounting for a substantial 85% of total sales until 2030. This dominance is propelled …
E-commerce Boom Drives HDPE Bottle Market Expansion in France, Capturing 3.3% Global Market Share
In France, the flourishing e-commerce sector has provided a significant boost to the HDPE bottle market. Accounting for 3.3% of the global HDPE Bottle industry share in 2023, the country has harnessed the durability and damage resistance of HDPE bottles, making them a preferred choice for online sales. French businesses are utilizing HDPE bottles as …
Explosive Growth Predicted: United States Leads the Way in Packaging Foam Market in North America with a 23.1% Share
The Packaging Foam Market in the United States is poised for significant growth, driven by a combination of factors that make the country the most lucrative market in North America. With leading packaging industry giants, ongoing technological advancements, a growing focus on sustainability, and increased consumer spending on everyday products, the United States is expected …