New Product Development
According to estimates, breathable film market worldwide would reach US$ 2.9 billion in 2023. In a detailed industry analysis, the global breathable films market is projected to thrive at a CAGR of 3.8% and reach US$ 4.2 billion by 2033. Various applications benefit from breathable films, including feminine hygiene, adult incontinence supplies, surgical drapes diapers, and adult incontinence …
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The global automotive brake friction products market is expected to create lucrative growth opportunities with an opulent CAGR of 4.8% during the forecast period from 2022 to 2032. The market was valued at around US$ 10.4 Bn in 2021 and is likely to reach a valuation of US$ 17.2 Bn by 2032. From 2017 to …
Back in the year 2022, the sales of pet care packaging were estimated to be around US$ 10.2 billion. As per the Global pet care packaging market analysis report, the overall market valuation is anticipated to register a CAGR of 4% during the forecast years. This report further predicts the rising of the net worth of the …
During the forecast period, the worldwide stick packaging market is anticipated to expand at a CAGR of 4.7%. (2022-2032). Market sales are anticipated to rise from US$ 1.3 billion in 2022 to US$ 2.0 billion by 2032. According to the survey, the top 5 businesses will control roughly 20–25% of the world market for stick packaging in …
Continue reading “Stick Packaging Market is expected to grow at a CAGR of 4.7% during 2022 to 2032”
The market for sport closures and caps, which was valued at US$ 1 billion in 2022, is expected to grow to US$ 1.5 billion by the end of 2030. This industry analysis predicts that sales of sports caps and closures Market will grow at a CAGR of 4.5% from 2022 to 2030. The demand for caps and …
The market for barrier coatings and functional additives is projected to reach US$ 2,254.4 million in 2022 and US$ 3,814.5 million in 2032, growing at a CAGR of 5.4%. The rise in demand for PET bottles that offer UV protection is credited with the growth. The COVID-19 pandemic has caused severe impacts on the global economy at …
In 2022, it is predicted that the market for pouch tapes will be worth US$ 956.3 million. The market share for pouch tapes is anticipated to reach US$ 1.2 billion by 2032, with a CAGR of 2.4% from 2022 to 2032. Due to increasing demand for pouch tapes from many new end-user verticals in recent years, the …
In 2022, the size of the worldwide aseptic paper for packaging market was estimated at US$ 9,346.4 Million. It is anticipated that technical innovation and the broadening range of applications would be the market’s main development factors. By the end of 2032, it is anticipated that global sales of aseptic paper for packaging would have grown at …
The market for thermal inkjet inks was expected to reach US$ 1152.3 Million in 2022. The market is predicted to reach over US$ 1896.3 Million by 2032, with a growing CAGR of 5.1% from 2022 to 2032, according to the report released by Future Market Insights. Because of its numerous uses across a variety of end user …
The global pouch equipment market size is anticipated to grow from US$ 3 Bn in 2022 to US$ 4.9 Bn by 2032, accelerating at a CAGR of 4.9% throughout the forecast period (2022-2032). Rising adoption of flexible packaging solutions like pouches, across various industries including food and beverages, cosmetics and personal care, pharmaceutical, and chemical is a key factor driving demand for pouch …