Insert Trays Market: A Brief Overview Before we dive into the intricacies, let’s grasp a quick understanding of the Insert Trays Market. Insert trays, also known as packaging trays, are designed to protect, store, and organize products during transit or display. They play a crucial role in various industries, including electronics, pharmaceuticals, food, and automotive, among …
Monthly Archives: October 2023
Sorter Machines Market: Europe Takes the Lead in Market Share, Anticipated To Reach Us$ 7.58 Billion In 2032 | FMI
The sorter machines market is likely to register a CAGR of 5.9% during the forecast period, and is anticipated to reach a market share of US$ 7.58 Billion in 2032, from US$ 3.81 Billion in 2020, due to its capability to increase productivity through high capacity sorting. Europe is poised to lead the sorter machine market during the projected period, driven by …
Phthalate and Non-Phthalate Plasticizers Industry Set for Robust 4.8% CAGR Growth by 2033
The global phthalate and non-phthalate plasticizers industry is poised for substantial growth, with market estimates projecting a remarkable expansion from US$ 14,432.6 million in 2023 to a robust US$ 22,968.9 million by 2033. This impressive uptrend is driven by an anticipated 4.8% compound annual growth rate (CAGR) that will persist throughout the coming decade. The …
Tipping Foils Market: North America’s Rapid Growth and Opportunities, Exhibit Growth At A CAGR Of Nearly 2% To 3% By 2032
The global tipping foils market is expected to experience a steady growth rate, with a CAGR of approximately 2% to 3% over the forecast period from 2022 to 2032. The rising trend among consumers to embrace high-security personal identification cards and contactless interfaces has led to a growing adoption of smartcards, driving the demand for …
High-Silica Zeolite Industry Expected to Grow at a CAGR of 1.2%, Reaching US$ 1.37 Billion Market Share by 2032
The high-silica zeolite industry is poised for modest growth with a projected compound annual growth rate (CAGR) of 1.2% during the forecast period. By 2032, it is expected to reach a market share of US$ 1.37 billion, up from US$ 1.22 billion in 2022, reflecting a steady yet gradual expansion in this sector. The high-silica …
Global Vegan Protein Powder Market Projected to Reach US$ 9.07 Billion by 2033 Meeting Demand for Plant-Based Protein Powders Across Europe, the USA
According to Future Market Insight, the Global Vegan Protein Powder Market will reach US$ 9.07 billion by 2033, registering a CAGR of 7.4%. This anticipated growth signifies a remarkable upsurge from its projected worth of US$ 4.63 billion in 2023. There has been a discernible increase in the global population opting for vegetarian and vegan diets. People switch to plant-based diets for …
Topical Applicators Market: North America’s Emerging Opportunities, Forecast To Grow At A CAGR Of 5.57% By 2032 | FMI Study
Global Topical Applicators Market demand is anticipated to be valued at US$ 3.2 Billion in 2022, forecast to grow at a CAGR of 5.57% to be valued at US$ 5.5 Billion from 2022 to 2032. North America is emerging as an opportunistic market for topical applicators, primarily due to its well-developed pharmaceutical industry and the increasing prevalence of skin infections and diseases. The …
Europe’s Dominance in the Global VCI Paper Market: Key Drivers, Anticipated To Rise To US$ 696.5 Million By 2032
According to the FMI report analysis, the global VCI paper market is projected to reach a valuation of US$ 600.3 million in 2022, exhibiting a slow CAGR of 1.5% until 2032. The sales of VCI paper are anticipated to rise to US$ 696.5 million by 2032. The North American VCI (Volatile Corrosion Inhibitor) paper market …
Global Chickpea Protein Market Set to Reach US$ 165.1 Million by 2033 Meeting Rising Demand for Plant-Based Protein Across Europe, the USA
The global chickpea protein market is predicted to register a CAGR of 5.1% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 100.9 million in 2023 to US$ 165.1 million by 2033 end. Growing consumer demand in the food industry is expected to drive up consumption of chickpea protein. …
Edible Collagen Casing Market: Germany’s Dominance in Europe, Reach A Valuation Of US$ 2.5 Billon By 2032 | FMI Reports
The edible collagen casing market is projected to register a CAGR of 6% during the forecast period, up from US$ 1.3 Billion in 2021 to reach a valuation of US$ 2.5 Billon by 2032. Germany has solidified its position as a key player in the edible collagen casing market within Europe. The country’s well-established meat and sausage industry, renowned for its quality products, …