The gummed tapes market is poised for substantial growth, with a projected 6.2% CAGR from 2021 to 2031, indicating a nearly twofold increase in sales. Future Market Insights’ comparative analysis underscores the market’s dynamics, influenced by industry factors and specific drivers such as the cost-effectiveness of pressure-sensitive tapes in light packaging applications compared to paper …
Monthly Archives: December 2023
Insulated Shipping Boxes Anticipated to Reach US$7.3 Billion by 2033 with an Impressive 8.5% CAGR, Fueled by Innovation in Insulation Technology
The global insulated shipping boxes market is anticipated to reach a valuation of US$ 3.2 billion in 2023, driven by pharmaceutical cold chain management. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 8.5% between 2023 and 2033, and reaching a total valuation of approximately US$ 7.3 billion by …
Toy Packaging Market on the Rise: Projected to Reach US$ 15.9 Billion by 2032 with a 4.9% CAGR, Fueled by Growing Global Demand
The global toy packaging market, valued at approximately US$ 9.4 billion in 2021, is set to witness a robust CAGR of 4.9% through 2032, reaching an estimated valuation of US$ 15.9 billion. Recent data indicates a 3.1% YoY growth in 2021, with notable increases in the boxes segment at a 2.8% CAGR and the pouches …
Electric Submersible Pumps Forecasted to Surpass US$ 12.1 Billion by 2033, Riding the Wave of Deep-Well Fluid Extraction
The global electric submersible pumps market registered an astonishing CAGR of 5.3% in the historical period between 2018 and 2022. The global electric submersible pumps market will likely total US$ 12.1 billion by 2033. It is estimated to record a steady CAGR of 3.6% in the review period 2023 to 2033. It is expected to reach US$ 8.5 billion in 2023 The electric submersible …
Child-Resistant Containers Market Poised for Remarkable Growth: Estimated at US$40.9 Billion by 2033 with 6.5% CAGR, Fueled by Consumer Demand for Safety and Convenience
The global child-resistant containers market is anticipated to reach a valuation of US$ 21.8 billion in 2023, driven by safety regulations and compliance. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 6.5% between 2023 and 2033, and reaching a total valuation of approximately US$ 40.9 billion by 2033. …
5G Chipset Market Set for Exponential Growth: Projections to Reach US$180 Billion by 2032
The global 5G Chipset Market is slated to witness an unprecedented surge, with a projected annual growth rate of 25.5% Year-on-Year (Y-o-Y), reaching a staggering valuation of US$180.0 billion by 2032. This astronomical growth is substantiated by several key factors. The escalating demand for cellular Internet of Things (IoT) connectivity, coupled with an increasing need for high-speed …
Enterprise Video Market reached a valuation of US$ 21.23 Billion in 2022 and expected to reach US$ 77.32 Billion in 2032 | Future Market Insights, Inc.
The enterprise video market is worth USD 21.23 billion in 2022 and is expected to grow at a 13.8% CAGR from 2022 to 2032 and reach US$ 77.32 billion by 2032. The increased application of enterprise video solutions across organisations to improve collaboration among their global workforces is primarily responsible for the enterprise video market growth. Several …
Smart Grid Technology Market: Thriving at 19.6% CAGR, Expected to Reach US$ 2.5 Trillion by 2033
The global smart grid technology market is set to witness remarkable growth, with a robust compound annual growth rate (CAGR) of 19.6% projected between 2023 and 2033, according to a recent market analysis conducted by Future Market Insights (FMI). The study indicates that the market is positioned to capture a substantial market share, estimated to reach a …
Spatial Light Modulator Market Trends: Rapid Growth Forecasted to Reach US$2.2 Billion by 2033 – FMI
With significant expansion, the global market for spatial light modulators (SLMs) is expected to reach US$ 617 million in 2023. With sales expected to expand at an average annual growth rate of 13.7% between 2023 and 2033, this trend is expected to continue with impressive speed. By the end of the forecast period in 2033, Future Market …
5G Security Market Projected to Reach US$ 12.5 Billion by 2032, with Impressive CAGR of 26.4%: Future Market Insights Report
The global 5G security market, valued at US$ 1.2 Billion in 2022, is set to experience remarkable growth, reaching an estimated US$ 12.5 Billion by the year 2032. These findings emerge from a comprehensive research study conducted by Future Market Insights, showcasing a robust Compound Annual Growth Rate (CAGR) of 26.4% spanning the years 2022 to …