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The QR code labels market to reach US$ 3.5 billion by 2033, growing at an 8.7% CAGR between 2023 and 2033. By 2023, the QR code market may be worth US$1.5 billion. One of the main drivers to propel market revenue growth is the growing adoption of QR code labels for safe and rapid payments, the availability of a …
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According to Future Market Insight, the global market for compostable foodservice packaging is forecast to reach US$ 18.9 billion in 2023 and accelerate at a moderate CAGR of 4.5% during the assessment period (2023 to 2033). Overall compostable foodservice packaging sales are predicted to total a valuation of US$ 29.3 billion by 2033. Rising demand for eco-friendly and sustainable packaging solutions across diverse …
According to a recent projection by FMI, sales of molded wood pallets market are estimated to increase from US$ 2.70 billion in 2023 to US$ 4.66 billion in 2033. The molded wood pallets market is projected to develop at a CAGR of 5.6% during the forecast period. The market value is increasing due to factors including the advantageous …
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The heavy-duty corrugated packaging market is predicted to register a valuation of US$ 20.9 billion in 2023 and is projected to rise to US$ 34.04 billion by 2033. The market is capturing a CAGR of 5% during the forecast period. The market is influenced by several factors, including: Growing demand for e-commerce:With the rise of e-commerce, there …
Future Market Insights (FMI) delivers vital insights on the pre-made pouch packaging market, in its published report titled, ‘Pre-made Pouch Packaging Market: Global Industry Analysis 2014-2018 and Opportunity Assessment 2022-2029’. In terms of revenue, the global pre-made pouch packaging market Sales is projected to expand at a CAGR of over 4.4% during the forecast period, owing to numerous factors, regarding which, …
Worldwide bag closure sales are valued at around US$ 205 Mn for 2022. The global bag closures market is poised to expand at 5.7% CAGR and reach US$ 311 Mn by the end of 2030. Consumers’ growing preference for reusable packaged foods has sparked a surge in demand for bag closures in recent years. Growing demand for bread and confessional products presents …
The MRI Transport Market is predicted to be valued at US$ 2,453.72 million in 2022, rising to US$ 5,297.39 million by 2032. MRI transport demand is predicted to expand at a 6.2% CAGR during the projection period. With the latest insights and statistics from the biggest pharmaceutical and healthcare device manufacturers across the globe, FMI …
The Skin Grafting System Market is estimated to grow from US$ 884.83 Million in 2022 to US$ 1,773.4 Million by 2032. The market for skin grafting systems is expected to expand at a 7.2% CAGR between 2022 and 2032. “The rising incidence and prevalence of burn injuries, technological advancements in dermatomes, and skin cancer are …
The global Glaucoma Treatment Market is worth US$ 5.8 Billion as of now and is expected to reach US$ 8 Billion by the year 2033 at a CAGR of 3.2% between 2023 and 2033. The present scenario is such that an extensive research is being conducted regarding prostaglandin analogs, which has resulted in shift toward …
The global Micropump Market is predicted to register a CAGR of 18.4% over the forecast period, according to FMI’s analysis. The industry’s market value is anticipated to increase from US$ 2.4 billion in 2023 to US$ 12.8 billion by 2033 end. The widespread application of micropumps due to their capability to effectively handle incredibly small …