The global baffle bag market is anticipated to reach a value of US$ 547.4 million in 2023 and continue to grow at a CAGR of 6.0% to reach US$ 978.5 million by the year 2033, according to research from Future Market Insights. Type C bags are anticipated to continue dominating the worldwide baffle bag market in terms …
Monthly Archives: November 2023
Paper-Based Consumer Bags Market Poised to Reach US$ 4.9 Billion by 2032, Fueled by a 4.7% CAGR and Growing Preference for Eco-Friendly Packaging
The global market for paper-based consumer bags is anticipated to reach US$ 3.1 billion in value in 2022 and grow at a CAGR of 4.7% to reach US$ 4.9 billion by the year 2032, according to data from Future Market Insights. The top 5 companies are anticipated to control between 15% and 20% of the industry by …
Securing Pharmaceuticals: The Evolving Landscape of Carton Serialization Technology, Unveiling a Global Demand Surge with a 3.7% CAGR Projected to Reach US$ 4.17 Billion by 2032
As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Carton Serialization Machine market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Carton Serialization Machine in the …
Floral Flavor Market Petals to Prosperity, Projected to Reach US$ 26,827.2 Million by 2033
During the forecast period, the worldwide floral flavour market is expected to grow at a moderate pace of 5%. In 2023, the market is currently valued at US$ 16,390 million. The floral flavour market is expected to reach a high of US$ 26,827.2 million by the year 2033. Future Market Insights experts have observed a historical CAGR of 2.2% for …
Packing Boxes Market Projected to Reach US$ 230.37 Billion by 2033 with a Steady 5% CAGR, Driven by the Surge in Online Sales and Customized Cardboard Packaging
The packing boxes market is expected to maintain a steady Compound Annual Growth Rate (CAGR) of 5% until 2033. This anticipated growth will see the industry size expand from US$ 141.44 billion in 2023 to reach US$ 230.37 billion by 2033. Prior to this, the packing boxes industry experienced a CAGR of 2.5% from 2018 to …
Cold Chain Packaging Market Forecasted to Soar to US$ 103.7 Billion by 2033, Fueled by a Remarkable 14.8% CAGR and Dominance of Top 5 Market Players
In the USA, the growing trend of purchasing groceries online is set to drive the demand for cold chain packaging, expected to dominate 80% of the market by 2023, as reported by Future Market Insights. Online retailers, meeting the packaged food needs of customers, will necessitate effective perishable goods packaging. Additionally, regulations like the sanitary transportation rule …
Straw Market Set to Reach US$ 32.2 Billion by 2033, Fueled by Smart Packaging Solutions and the Rising Popularity of Paper Straws
The United States is poised to play a significant role in the global reusable straw market, with a projected market size of US$ 4.6 billion by 2033. This robust growth can be attributed to the surging popularity of reusable straws, driven by an increasing number of manufacturers and suppliers. Americans are increasingly embracing the trend of natural and …
Flexible Plastic Packaging Market Poised to Reach US$ 171.6 Billion by 2033, Fueled by Post-Pandemic E-commerce Boom and Sustainable Innovations
The United States is poised to play a pivotal role in the rising sales of flexible plastic packaging Market, particularly within the thriving food and beverage industry. It is anticipated to capture a substantial market share of 16.2%, amounting to a total value of $4,648 million in 2023. The Census Bureau of the Department of Commerce’s 2021 quarterly …
Future Market Insights Forecasts a 5.5% CAGR as Lightweight Aluminum Foil Containers Gain Momentum in Single-Serve Packaging Worldwide
The United States is set to maintain its supremacy in the forecast period, with surging demand for the aluminum foil Containers market driven by increased production of EV batteries and a growing preference for fast food chains and e-commerce orders. The market is projected to reach a substantial value of US$1.2 billion, accompanied by a noteworthy compound annual growth …
Drone Sensor Market is Likely to Total US$ 4.1 Billion by 2033 | Says Future Market Insights
By 2033, the global drone sensor market is expected to generate US$ 4.1 billion in revenue, up from US$ 716.5 million in 2023. During the projection period, FMI predicted that the market will grow at a respectable CAGR of 18.9%. Drones are gaining popularity as a tool for gathering detailed aerial data and imagery for a variety …