The global padded dividers market size is expected to be worth US$ 3.1 billion in 2022 and US$ 8.1 billion in 2032 in the world. Between 2022 and 2032, it is anticipated to expand at a compound annual growth rate (CAGR) of 11.3% . Over the assessment period, padded divider sales are expected to be driven by the e-commerce sector’s rapid rise and …
Monthly Archives: April 2024
Impact of Packaging: Driving Key Trends in the Candle Box Market, Expected to Reach US$ 5.80 Billion by 2033
By 2033, the candle box market is projected to grow from its 2023 valuation of US$ 3.48 billion to US$ 5.80 billion. The market is anticipated to develop at a compound annual growth rate (CAGR) of 5.4% during the course of the projected period. When a product is showcased in appealing packaging, it holds the potential to significantly sway the purchasing …
Brand Awareness and Customer Engagement: The Role of Custom Boxes in Modern Packaging Trends | Says FMI
The global custom boxes market is estimated to capture a valuation of US$ 48.34 billion in 2023 and reach US$ 74.36 billion by 2033. The global market is anticipated to register a CAGR of 4.4% during the forecast period. The global market is experiencing growth driven by a rising need for customized packaging solutions across diverse industries. Manufacturers are observing heightened demand for …
Rising Demand for Scented Trash Bags Fueled by Introduction of Smart Trash Cans | Says FMI
As per Future Market Insights, the global scented trash bags market is projected to reach a valuation of US$ 1.7 billion in 2022. Demand is forecast to increase at a 3.5% CAGR over the assessment period, pushing the market size to US$ 2.3 billion by 2032. Smart trash cans provide advanced features such as self-changing, self-sealing, and automatic garbage disposal, offering convenience and …
Automotive Belts Market Aims for US$ 21,136.4 Million by 2033 with 3.9% CAGR
The automotive belts market size is projected to surpass US$ 14,417.0 million in 2023 and is likely to attain a valuation of US$ 21,136.4 Million by 2033. The automotive belts market size is anticipated to thrive at a CAGR of 3.9% from 2023 to 2033. Production of automobiles has increased steadily worldwide, particularly in developing economies. …
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Plastic Vials Market is Expected to Grow at a 6.40% CAGR and Reach at a US$ 3.9 Billion by 2034 | FMI
The global plastic vials market is preparing for significant growth over the next decade, with projections indicating substantial expansion. Valued at US$ 2.1 billion in 2024, the market is forecasted to grow at a compound annual growth rate (CAGR) of 6.40%, reaching US$ 3.9 billion by 2034. This anticipated trajectory reflects a robust upward trend, indicating …
Sustainable Evolution: The Push Towards Eco-Friendly Packaging in the Soap Box Market | Says FMI
From 2023 to 2033, the soap boxes market is projected to grow at a consistent CAGR of 5.4%. According to forecasts, the soap box demand to advance from US$ 40.16 billion in 2023 to US$ 67.95 billion in 2033. Soap box manufacturers are adopting innovative strategies to meet evolving consumer demands for unique and sustainable products. Key players in the industry are introducing …
Train Seat Market Gains Momentum to US$ 3.4 Billion by 2033, 4.70% CAGR
The train seat market is projected to experience significant growth, with its value increasing from US$ 2.1 billion in 2023 to US$ 3.4 Billion by 2033, representing a CAGR of 4.70% during the forecast period. This growth is primarily driven by the expanding need for comfort and safety among passengers, leading to increased demand for …
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Food Packaging Market is Predicted to Grow Due to Increased Production and Consumption of Packaged Food Items
As per Future Market Insights’ (FMI) latest report, the global food packaging market value is forecast to rise from US$ 353.7 billion in 2023 to US$ 592.8 billion by 2033. Over the projection period from 2023 to 2033, global sales of food packaging sales are likely to soar at 5.3% CAGR. The global food packaging industry is poised for substantial growth as …
Cryogenic Boxes Market is Anticipated to Reach at a US$ 657.3 Million by 2032 | FMI
According to the study, the global cryogenic boxes market is expected to grow at a CAGR of 7.3% between 2022 and 2032. The market value is projected to increase from US$ 326.2 Million in 2022 to US$ 657.3 Million by 2032. The cryogenic boxes market was valued at US$ 305 Million at the end of 2021 and is anticipated to exhibit Y-o-Y growth of 7.0% in 2022 …