New Product Development
As per the latest report, the global plastic bag market value is estimated to reach US$ 24,673.5 million in 2023 and US$ 34,424.5 million by 2033. Over the assessment period, sales of plastic bags are projected to rise at a 3.4% CAGR. Polyethylene (PE) remains the most widely used material among plastic bag manufacturers. This …
Continue reading “Plastic Bag Market is Expected to Reach at a US$ 34,424.5 Million by 2033 | FMI”
The candy and twisting paper market is expected to experience significant growth from US$ 184.8 million in 2024 to US$ 284.2 million by 2034. The demand for confectionery packaging for edibles is likely to increase at a CAGR of 4.40% during the forecast period. The growth of the candy and twisting paper market can be …
The global automotive key market value is forecast to increase from US$ 6,620.8 million in 2024 to US$ 14.1 Billion by 2034. The demand for automotive keys is projected to surge at a CAGR of 7.9% between 2024 and 2034. Key Takeaways The transponder keys segment in the product type category is expected to lead …
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The liquid packaging board market is estimated to record a valuation of US$ 10.4 billion in 2024. The sales of liquid packaging boards are anticipated to expand at a moderate CAGR of 2.7% through 2034. The market is expected to cross US$ 13.5 billion by 2034. The liquid packaging board industry is primarily driven by the increasing global emphasis on sustainability and environmental conservation. As …
The global potassium formate market is anticipated to attain a valuation of US$ 746.13 million in 2023 and is projected to accumulate over US$ 1190 million by 2033, exhibiting a CAGR of 4.7% during the forecast period. Potassium formate is gaining attention as a heat-transfer liquid in various industries. Also, the growing emphasis on sustainability …
The automotive e-tailing market is estimated to be worth US$ 76.4 billion in 2024 and is projected to be valued at US$ 268 billion by 2034. Between 2024 and 2034, the market is predicted to rise at a CAGR of 13.4%. Key Takeaways from the Market Report From 2019 to 2023, the automotive e-tailing market …
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The global cargo bike tire market is anticipated to attain a valuation of US$ 201.4 million in 2023 and is estimated to reach US$ 650 million by 2033. During the forecast period, a CAGR of 12.4% is expected for the market. Germany’s cargo bike tire industry is expected to increase rapidly, accounting for more than …
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During the forecast period, the atelocollagen market is projected to register a CAGR of 5.5%, increasing from US$ 7.8 billion in 2021 to reach a valuation of US$ 14 billion by 2032. Because atelocollagen makes your skin feel better, more people want to use it. They are using it in products that take care of …
The corrugated fiberboard market is set for significant expansion between 2023 and 2033, with a forecasted average Compound Annual Growth Rate (CAGR) of 5.9%. In 2023, the market is expected to commence at a valuation of US$ 105.9 billion, and by the year 2033, it is projected to claim a substantial market share of US$ 187.9 billion. …
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The global ambulance power inverter market is set to witness an impressive growth rate of 5.5% from 2022 to 2032. The ambulance power inverter market size is anticipated to reach a valuation of around US$ 112.17 Billion by the end of the year 2032 from the current valuation of US$ 64 Billion in 2022. According to …