New Product Development
FIBCs were rugged sheets made up of heavy-duty PVC coated polyester or nylon are combined together to get the shape of containers and lifted using pallets. With increasing demand for low space consuming flexible packaging, these FIBCs paved the way for woven polypropylene bulk bags. Although FIBCs are primarily used to ship hazardous chemicals only, owing to constant innovations …
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The global mailers market is expected to reach a valuation of US$ 3.0 Bn in 2022. With sales growing at a 5.1% CAGR, the market valuation will reach US$ 4.9 Bn by 2032. Packaging companies across the globe are using mailers as a reliable and protective solution while shipping products. Padded mailers are generally made from polyethylene, kraft paper, and fiber-based materials. …
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The global PET packaging market is slated to reach a valuation of US$ 77.2 Bn in 2022. Expanding at a steady 4.9% CAGR, the market valuation is set to top US$ 124.1 Bn by 2032. PET Packaging Market Size 2022 US$ 77.2 Bn PET Packaging Market Size 2032 US$ 124.1 Bn PET Packaging Market Value-based CAGR (2022-2032) 4.9% PET Packaging Market …
The global tableware market is expected to reach a valuation of US$ 44.5 Bn by 2022, with sales growing at a 5.6% CAGR over the forecast period. Changing purchasing behavior influenced by the developing domestic segment and increasing urbanization will drive the sales of tableware. People in cities are progressively adopting a western lifestyle in several emerging economies, driving the tableware …
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As per Future Market Insights (FMI), the demand in the food trays market is forecast to rise at a CAGR of 4.6% between 2022 and 2032, up from 2.2% CAGR registered in 2015-2021. Due to the advent of appealing, user-friendly applications, and tech-enabled driver networks, as well as evolving customer expectations, ready-to-eat food delivery has emerged as …
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The global tapes market is growing at a CAGR of 4.8% in the forecast period. Surging demand for masking and pressure sensitive tapes will result in high growth of the market. During 2015-2021, the global tapes market grew at a CAGR of 3.4%. The period saw the arrival of new market participants and product advancements, which fueled …
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Usage of tags has been drastically increased in brand promotions of products through printing technology. Future Market Insights (FMI) has forecast the tags market to grow by 5.2% CAGR between 2022 and 2032. Custom printing of bar codes help consumer to track products as per the information in accordance with their needs. Quality of printing …
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“As per the latest market analysis by Future Market Insights (FMI), the global rubber tapes market is projected to expand at a steady 4.4% CAGR, reaching US$ 1.4 Bn in 2032. Increasing demand for rubber tapes from the electronics and construction sectors is expected to boost sales by 1.6 times between 2022 and 2032.” Demand …
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As per a recent market study by Future Market Insights (FMI), sales in the global pallets market are projected to increase at a 5.6% CAGR, reaching US$ 10.4 Bn in 2032. Growth is attributable to the increasing consumption of pallets in food & beverages, pharmaceuticals, automotive sector. Consumer inclination towards product safety, bulk load transportation with minimum …
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Expansion of healthcare industry and need for solutions to control the loss in financials caused due to counterfeiting practices is propelling the demand in the drug delivery solutions market, finds Future Market Insights. As per the study, the healthcare industry witnessed a major decline over the past few years as pharmaceutical products are recalled for various …