New Product Development
In 2021, the market for Presswood pallets was estimated to be worth US$ 2.9 Bn. From 2022 to 2032, the presswood pallets market is projected to grow at a 5.8% CAGR and reach a value of US$ 5.4 Bn. The demand for Presswood pallets is expected to increase over the next ten years, with the top …
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The reusable water bottle market has been valued at US$ 8.9 billion in 2022, and it is expected to grow at a CAGR of 3.6 to reach US$ 12.7 billion by 2032. People are taking on the responsibility of reducing their contribution to the plastic problem as they become more aware of the environmental hazard. Furthermore, people’s …
The global carbon tapes market is expected to reach a valuation of US$ 35.8 Bn in 2022. With sales growing at a 4.5% CAGR over the assessment period, with the market size reaching US$ 55.7 Bn by 2032. Carbon tapes are flat material tapes that are made from carbon fiber bearing high strength. Carbon tapes are popular …
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From 2022 to 2032, the market for strapping tapes is anticipated to grow at a moderate CAGR of 4.4%. The strapping tapes market share is anticipated to grow from its current valuation of US$ 21.7 Billion in the year 2022 to a net worth of US$ 33.4 Billion over this forecast period. The packaging sector has expanded …
The market for molded pulp packing machines is anticipated to be worth US$ 570.8 million in 2022 and to grow at a CAGR of 3.4% to US$ 797.1 million by 2032. Trays are expected to continue being the most popular end use segment in the market for molded pulp packaging equipment. The increased demand for trays used …
As per FMI, the global corrugated fiberboard market is expected to be valued at US$ 175.7 Bn in 2032 and exhibit growth at a CAGR of 5.8% in the forecast period from 2022 to 2032. Corrugated fiberboard has gained immense popularity due to its usefulness in the e-commerce industry. Rapid development of digital printing technology is also …
By 2032, the market for liquid packaging bags is projected to grow significantly, from US$ 1,054.4 million in 2022 to US$ 1,733.9 million. The market, which was valued at 4.3% from 2016 to 21, is anticipated to exhibit a CAGR of 5.1% during the forecast period. The rising demand for packaged, ready-to-eat food is to …
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The global Proteinase K Market is expected to be worth US$ 48.5 million in 2032, with sales increasing at a 6.5% CAGR from 2022 to 2032. The target market was worth US$ 24.4 million in 2021 and is expected to be worth US$ 25.9 million by the end of 2022. Increased consumer awareness of the …
According to a Future Market Insights (FMI) study, the GCC Syringes and Needles Market was valued at US$ 525.4 Million in 2020 and is expected to reach US$ 1.33 Billion by 2031, growing at an 8.8% CAGR from 2021 to 2031. GCC countries have been prioritizing their healthcare sector owing to the increasing population along …
The global Molecular Cytogenetics Market demand is anticipated to reach US$ 2,761.9 million in 2022, with a predicted CAGR of 8.9% from 2022 to 2032. The advancement is credited to changing techniques for disease diagnosis, rising amounts of government support in various jurisdictions, and increased public knowledge of viral infections. From 2016 to 2021, the …