The global corrosion protection tapes market is likely to join the bandwagon of exponential growth between 2022 and 2031 at a CAGR of 4.4%, reaching US$ 1.8 Bn by the year 2031. Corrosion protection tapes are surface protection tapes infused with anti-corrosive materials which are covered around metal components suitable for wide-ranging usage in various industries. According …
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Demand for Shrink Sleeve Label Applicators Market by Expansion of Food & Beverage Industry Growth
FMI Shrink sleeve label market report projects this industry to reach a high valuation during the forecast period of 2021-2031, which will be represented by a graph of positive growth, with a noteworthy CAGR. the growth is further boosted by an increase in applications in quick-service-restaurants (QSR). “Owing to such heightening beverage sales, manufacturers are focusing on …
Intermediate Bulk Container (IBC) Market sales Demand for Agro Products, Chemicals, Personal care, Paints & Dyes Industry
Sales of container containers have increased significantly across industries such as FMCG, chemicals, paints and petroleum. Future Market Insights (FMI) forecasts intermediate bulk container (BIC) sales to grow at a CAGR of 6.8% by 2031. There are many products that are not traded in different regions due to the lack of effective packaging types for transporting them. Intermediate …
Pyramid Tea Bags Market is Expected to Reach US$ 380.5 Mn by 2030, Expanding at a CAGR of 4.5%
The growing trend for ready-to-drink tea has been complementing the rising consumption of pyramid tea bags. Future Market Insights (FMI) in its recent report has identified the scope for expansion of the pyramid tea bags market. The report forecasts the market to register a steady expansion at around 4.5% CAGR between 2022 and 2030. The benefits …
Anti-counterfeit Cosmetic Packaging Market to Spur Business Growth By Rising Investments in Advancements by 2027
Expanding at a CAGR of 8.7%, the global anti-counterfeit cosmetic packaging market is projected to increase from a valuation of US$ 32.6 Bn in 2022 to US$ 49.5 Bn by 2027, according to a recently published study by ESOMAR-certified market research company Future Market Insights (FMI). As global cosmetic consumption rises, unscrupulous entities are looking to flood the market with counterfeit, duplicate and …
U.S Packaging Testing Market Boosting Largest Sales by Food and Pharmaceutical Drugs Industry
Future Market Insight (FMI) estimates that packaging testing revenues will increase significantly from 2021 to 2031, with worldwide revenues up 12.3% year over year in 2021. Driven by introduction of new standards and regulations to increase sale of packaging testing equipment, the packaging testing market is forecast to reach valuation of US$ 12.60 Billion by the end of 2021. Consumers are …
Sachet Machine Manufacturers Market by Changing Consumer Preferences & Lifestyle Trends to Offer Lucrative Setting
Future Market Insights delivers key insights on the sachet packaging machines market in its published report, titled “Global Sachet Packaging Machines Market: Industry Analysis and Opportunity Assessment, 2022–2029.” In terms of revenue, the global sachet packaging machines market is estimated to expand at a CAGR of 5.8% during the forecast period, owing to numerous factors, about which FMI offers …
Returnable Transport Packaging Market Growth by Expansion of Chemical Industry Aiding
The global returnable transport packaging market will grow by 4.8% CAGR between 2021 and 2031. Government regulations favoring intercontinental trade along with concerns pertaining environment will bolster the demand for returnable transport packaging in various industries such as chemical, food & beverage, building & construction, and others. Returnable transport packaging includes IBC, pallets, crates, layer pads, drums, …
Collapsible Rigid Containers Market Large Investments and the Availability of Alternative Transportation Solutions to Affect Growth by 2028
The global collapsible rigid containers market was valued at US$ 1.36 Billion in 2018 and is projected to expand at a CAGR of 4.9%, during the forecast period. The market for collapsible rigid containers will be boosted greatly by bulk packaging applications in a variety of end-use sectors. Consumption in the chemical industry accounts for just under …
Trends in Insulated Corrugated Boxes Market Likely to Augment Sales by 2031
The insulated corrugated boxes market is set to witness a CAGR of 4.3% during 2021-2031. The surge in demand for lightweight and convenient packaging solutions in a variety of industries, as well as the rising e-commerce and offline retail sectors, can be attributed to the market increase. What is Driving Demand for Insulated Corrugated Boxes? The rise …
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