The global sanitary food and beverage packaging industry is projected to experience substantial growth, reaching an estimated USD 40.72 billion in 2023 and surpassing USD 52.55 billion by 2033. This growth is expected to occur at a compound annual growth rate (CAGR) of 2.6% during the forecast period from 2023 to 2033, according to a …
Monthly Archives: January 2025
Rigid Food Containers Industry on Track for Strong Growth Driven by Demand for Convenient and Sustainable Packaging
The global rigid food containers industry is expected to grow steadily from an estimated USD 179.8 billion in 2024 to USD 217.2 billion by 2034, driven by increasing demand for packaged, ready-to-eat, and disposable food packaging solutions. Over the next decade, the market is projected to expand at a compound annual growth rate (CAGR) of …
Global Glass Bottles Industry Positioned for Expansion: Trends, Growth Drivers, and Future Outlook
The global glass bottles industry is on track for significant growth, with a projected increase from USD 40.2 billion in 2023 to USD 70.2 billion by 2033. This expansion represents a compound annual growth rate (CAGR) of 5.7% from 2023 to 2033, according to the latest insights from Future Market Insights (FMI). The rising awareness …
Packaging Barrier Film Industry Poised for Robust Growth: Key Trends and Projections for the Coming Decade
Packaging Barrier Film Market The global packaging barrier film industry is projected to reach a value of USD 18.8 billion in 2024, with steady growth anticipated over the next decade. From 2024 to 2034, the industry is expected to expand at a consistent compound annual growth rate (CAGR) of 2.7%, culminating in an industry value …
Laminated Tubes Industry Poised for Steady Growth, Projected to Reach USD 2.1 Billion by 2033
The global laminated tubes industry is on track to achieve a valuation of USD 1.12 billion in 2023, with forecasts indicating a steady growth trajectory. From 2023 to 2033, the industry is set to grow at a consistent compound annual growth rate (CAGR) of 6.3%, which will propel the industry to a projected worth of …
Refrigeration and Air Conditioning Compressors Market Forecast: Rising at a 3% CAGR by 2033, Reaching USD 47.2 Billion
The market for refrigeration and air conditioning compressors is expected to grow at a CAGR of 3% over the forecast period. The market is expected to be worth USD 35.1 billion by 2023, and USD 47.2 billion by 2033. Which End-use Industries are Influencing the Global Market? Several end-use industries influence the global market as follows: Residential …
Industrial Hose Assembly Market Poised for Remarkable Growth: Expected CAGR of 5.6% and Projected Value of USD 39,058.45 million by 2034
The global industrial hose assembly Industry Size is value in 2019 was USD 18,879.8 million. The imposition of lockdowns led to a decline in manufacturing activity in 2020 and 2021 dropping down the average CAGR to 2.6% between 2019 and 2023. The global industrial hose assembly market is holding a valuation of USD 22,651.4 million …
Hydraulic Gear Pumps Market: Anticipated Growth to USD 2,932.5 million by 2034, Fueled by a Steady CAGR of 3.7%
The Hydraulic Gear Pumps Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Hydraulic Gear Pumps market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Hydraulic Gear Pumps. It furnishes intricate revenue …
Aerial Work Platforms Market Anticipating a 6.1% CAGR and Projected Valuation of USD 19.43 Billion by 2033
The Aerial Work Platform Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—offers invaluable insights and a meticulous analysis of the Aerial Work Platform market. This comprehensive report delves into the core of the subject matter, diligently examining the driving forces, market dimensions, and predictive data pertaining to Aerial Work …
Global Residual Current Circuit Breaker Market to attain a Value of USD 4,718.6 million by 2033, rising at a 6.7% CAGR
The global residual current circuit breaker market is anticipated to reach a valuation of USD 2,467.0 million in 2023, driven by surge in data centers. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 6.7% between 2023 and 2033, and reaching a total valuation of approximately USD …