According to recent market research conducted by FMI, the global thermoformed containers market is on a trajectory of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 4.6% from 2023 to 2033. In 2023, the market is expected to be valued at approximately US$ 19.9 billion, and by 2033, it is anticipated to reach a substantial …
Monthly Archives: January 2024
Industrial Paper Sacks Market Witnesses a 4.2% CAGR, Valued at US$ 5.4 Billion by 2033, Propelled by Rising Environmental Consciousness and Global Adoption of Bio-Degradable Solutions
The industrial paper sacks market is poised for a 4.2% CAGR, reaching US$ 3.6 billion in 2023 and projecting a value surpassing US$ 5.4 billion by 2033. Fueled by environmental concerns, plastic bans, and bio-degradable solutions, governments globally are advocating for paper packaging as a sustainable solution. Multiwall paper sacks, with their eco-friendly attributes, creative printing options, …
Fiber Drums Market to Hit US$ 1.80 Billion by 2033, Fueled by a 5.7% CAGR as Consumer Demand for Eco-Friendly Packaging Surges
The fiber drums market is poised to reach US$ 1.1 billion in 2023, with a projected CAGR of 5.7% till 2033. Essential for secure shipping in food, medicines, and chemical sectors, fiber drums align with the rising demand for sustainability. Environmental consciousness among consumers, driving the preference for eco-friendly packaging, propels the market’s growth. The lightweight, durable …
Packaging Foam Market Set to Reach US$ 12.3 Billion by 2033, Fueled by a 5.9% CAGR, Driven by Growing Emphasis on Sustainable Packaging and Product Safety
The global packaging foam market is anticipated to reach a valuation of US$ 6.9 billion in 2023, driven by a growing focus on product safety & protection. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 5.9% between 2023 and 2033, and reaching a total valuation of approximately US$ 12.3 …
Crowdsourced Testing Taps into the Collective Talent Pool to Create Unbeatable Software Solutions! FMI Anticipates the Market to Expand at a CAGR of 9.3% through 2033
According to a recent market analysis report by Future Market Insights, the crowdsourced testing market is experiencing rapid growth, with global sales estimated to reach US$ 2.90 billion in 2023. Projections indicate a strong CAGR of 9.3% from 2023 to 2033, suggesting that the market is poised to achieve a remarkable valuation of US$ 7.09 …
Transforming Business Efficiency: Contract Management Software Market Surges, Projected to Reach $2,448.7 Million by 2023
The global Contract Management Software Market has witnessed remarkable growth, reaching a valuation of approximately US$ 2,200.1 million in 2022. With a promising Compound Annual Growth Rate (CAGR) of 12.9% projected over the next ten years, the market is anticipated to achieve an impressive valuation of nearly US$ 2,448.7 million by the close of 2023. The global absolute dollar opportunity growth in contract …
PVDC Coated Film Market Set to Achieve US$ 13.1 Billion by 2033, Fueled by Barrier Properties, Extended Shelf Life, and Aesthetic Appeal
The global PVDC-coated film market is estimated to capture a valuation of US$ 9.6 billion in 2023 to reach up to US$ 13.1 billion by 2033. The global market is likely to register a CAGR of 3.1% during the forecast period. Request for a sample of this research report: https://www.futuremarketinsights.com/reports/sample/rep-gb-7364 Growth Opportunities: Increased Demand for Flexible Packaging: The rising demand for flexible packaging solutions, particularly …
Molluscs Market Sets Sail Towards US$ 98.54 Billion by 2032 | Future Market Insights
The molluscs market is expected to see a substantial CAGR of 4.5% and is projected to increase from US$ 60.72 billion in 2021 to US$ 98.54 billion by 2032. The growth of the global mollusc market is being driven by consumers’ preference for protein-rich diets over high-calorie foods. Due to the rising adoption of molluscs and the reduced risk of chronic illnesses, the molluscs market is anticipated to …
Gluten-Free Pizza Crust Market Eyes a Whopping US$ 5 Billion Valuation by 2032
The global gluten-free pizza crust market size is projected to be valued at US$ 3.3 Billion in 2022 and is expected to witness growth at 7% CAGR between 2022 and 2032. Increasing consumption of fast-food coupled with rising prevalence of gluten-intolerance is driving the demand in the market. The gluten-free pizza crust is used to prepare crisp and tender pizza dough, …
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Zinc Methionine Chelates Market Flourishes, Targeting US$ 27.3 Million by 2033 with a 6.7% CAGR
The zinc methionine chelates market was valued at US$ 13.6 Million in 2022 and is anticipated to increase at a CAGR of 6.8% over the course of the forecast period to reach US$ 26.2 Million by 2032. Consumer awareness of nutritional needs and deficiencies in animals is expected to drive feed additive consumption, which is expected to …