The global elastic film market is set to grow significantly, projected to reach a market size of US$ 3.4 billion by 2034, up from US$ 2.5 billion in 2024, representing a compound annual growth rate (CAGR) of 2.9% over the next decade. Key drivers of this growth include heightened awareness of personal hygiene, the increasing …
Monthly Archives: November 2024
North America Plasma Bottle Market Poised for Growth Amid Rising Demand for Sterile Medical Packaging
The North American plasma bottle market is set for notable expansion, with demand anticipated to grow at a compound annual growth rate (CAGR) of 4% to 5% from 2022 to 2032. This growth is attributed to heightened emphasis on sterile medical packaging for storing and transporting blood components under stringent hygienic conditions, as well as …
Global Stability Test Chambers Market Set to Grow at 5.8% CAGR, Driven by Demand in Pharmaceuticals, Food, Electronics, and Construction
Future Market Insights (FMI) recently published a report on the global stability test chambers market, which was valued at USD 2.7 billion in 2018. The market is projected to expand at a compound annual growth rate (CAGR) of 5.8% from 2019 to 2027. Stability test chambers are crucial in various industries, including pharmaceuticals, electronics, food …
Oily Waste Can Market Expected to Reach USD 336.4 Million by 2034, Driven by Industrial Expansion and Stringent Waste Management Regulations
The global market for oily waste cans is on a steady growth path, projected to reach USD 336.4 million by 2034, up from USD 255.2 million in 2024. This growth, at a CAGR of 2.8%, reflects rising demand from industrial sectors, including oil and gas, pharmaceuticals, healthcare, and heavy-duty manufacturing, where proper disposal of hazardous …
Global Cupcake Box Market Projected to Reach USD 358.6 Million by 2034, Driven by Rising Demand Among Home Bakers and the Shift Toward Eco-Friendly Packaging
The global cupcake box market is on a steady growth trajectory, valued at approximately USD 249.4 million in 2024, and is anticipated to expand at a CAGR of 3.7%, reaching USD 358.6 million by 2034. A rise in the popularity of bakery products, coupled with the demand for personalized and sustainable packaging, is expected to …
Global Horizontal Flow Wrapping Machines Market to Reach USD 2.03 Billion by 2034 Driven by High Demand for Automated Solutions
The global horizontal flow wrapping machines market is projected to witness steady growth over the next decade, with an estimated increase from USD 1,573.6 million in 2024 to USD 2,034.1 million by 2034, driven by a CAGR of 2.6%. The industry, which recorded a revenue of USD 1,518.9 million in 2023, is expected to achieve …
Global pH Meter Market to Grow at Over 5% CAGR, Driven by Rising Demand in Chemical, Petrochemical, and Healthcare Sectors
In 2018, over 1.6 million pH meters were sold globally, with a projected 4.7% year-on-year growth in unit sales for 2019. Digital pH meters are expected to account for more than 85% of total sales. According to Future Market Insights (FMI), the global pH meter market is expected to grow at a compound annual growth …
Global Aquafeed Enzymes Market Set to Surpass USD 804.5 Million by 2034 | Future Market Insights, Inc.
According to Future Market Insights (FMI), the worldwide Aquafeed Enzymes market is valued at USD 483.0 million in 2024 and it is anticipated to reach USD 804.5 million by 2034. Over the next decade, global Aquafeed Enzymes demand is likely to increase at a CAGR of 5.2%. There’s an expanding potential of boosting aquafeed’s nutritional value through research and innovation. To develop breakthrough enzyme-based …
Pediatric Nutrition Market Benefits from Multifunctional Product Attributes, Indicates Future Market Insights, Inc.
The pediatric nutrition market is projected to surpass USD 3.9 billion in 2024 and to reach USD 5.3 billion in 2034. Demand for Pediatric Nutrition has a CAGR of 6.1% throughout the forecast period (2024 to 2034). Between 2024 and 2034, the pediatric nutrition market is poised for substantial growth. Several factors contribute to this trend. There is an increased awareness of child …
Global Feed Attractants Market Forecast to Achieve USD 15.9 Billion Valuation by 2034 | Future Market Insights, Inc.
The global feed attractants market size has an estimated market valuation of USD 6,988.4 Million in 2024 and is projected to grow at a CAGR of 8.6 % to reach a market valuation of USD 15,946.9 Million by 2034. A few key factors and trends are driving the growth of the feed attractants market. A major trend is a preference for natural and organic ingredients. There’s …