Unidirectional Tapes Market is estimated at US$ 203.5 Mn in 2022, likely to surge at a vigorous 10.6% CAGR

The Unidirectional Tapes Market revenue is estimated to reach US$ 203.5 Million by 2022, according to Future Market Insights (FMI). The overall unidirectional tapes market is expected to reach US$ 559.3 Million by 2032, growing at a CAGR of 10.6% for 2022-32. The automotive and aerospace & defense industries support the market growth by exhibiting consistently high demand for unidirectional tapes. Furthermore, the …

Food Trays Market is expected to reach US$ 1.0 Bn in 2022, likely to surge at a vigorous 4.6% CAGR

The food tray market size stood at US$ 1.0 Bn in 2021 and is expected to total US$ 1.7 Bn by the year 2032, accelerating at a CAGR of 4.6% from 2022 till 2032. 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 a vital business. Surge in …

Pails Market will consistently Gain from Suring Plastic Pails Sales, Exhibiting 4.3% CAGR through 2032

Future Market Insights (FMI) has predicted the pails market to register 4.3% CAGR between 2022 and 2032. Overall sales of pails is slated to total US$ 2.91 Bn by the end of the assessment period. The consistently rising demand for plastic pails is expected to create conducive environment for the global pails market growth.   Plastic pails are …

Rigid Intermediate Bulk Containers (RIBC) Market size is projected to reach US$ 16.7 Bn in 2022, expanding at a steady 5.8% CAGR

The adoption of intermediate bulk containers offers improved performance and cost effectiveness as compared to traditional containers, which in turn is driving the expansion of the market. As per FMI, total sales in the RIBC market are projected to represent 72% of the global intermediate bulk container market worth US$ 23 Bn in 2022.  With a favorable demand outlook, Asia Pacific that …

Pallets Market is expected to reach a valuation of US$ 6.0 Bn in 2022, expanding at 5.6% CAGR over the forecast period

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 efforts, and easy inventory tracking is expected to boost the market. The global pallets market is expected to reach a valuation of US$ 6.0 Bn in 2022, expanding at 5.6% CAGR over the forecast period. Pallets …

Global sales of Bag Closure Clips are projected to exhibit a CAGR of 5.6% over the forecast period 2022-2029

The market for bag closing clips is expected to reach US$ 194.7 million in 2022 and US$ 304.8 million in 2029, growing gradually at a CAGR of 5.6%. In 2021, sales of bag closure clips were around 1.2% of the worldwide plastic closures market. The use of bag clips is expanding in the food business. The visibility …

Wood Panel Market is Set to Witness Steady Growth in 2031 | FMI

The wood panel market is set to witness steady growth during 2021-2031. Rapid expansion of the construction industry in recent years has positively influenced global market trends, owing to economic improvement in both developed and developing economies. As a result, the wood panel market is set to witness a CAGR of 6.1%-6.9%. What is Driving Demand for …

Resin Pigments Market Share is Set to Witness a CAGR of 4.0% in 2031 | FMI

The resin pigments market share is set to witness a CAGR of 4.0% during 2021-2031. Resin pigments are some sort of resin pigment colorant which existed in the form of liquid. Liquid pigment can be applied in any vehicle and mixed to create any shade or color. It widely used by resin artist s for color dyeing. …

Drop Cloth Market is Set to Witness a CAGR of 4.0% in 2031 | FMI

The drop cloth market is set to witness a CAGR of 3.0% during 2021-2031. A drop cloth is a protective sheet (made of fabric or plastic) used to cover floors and furniture by painters. The growing popularity of home restorations is increasing demand for drop cloths, which are mostly used by painters while painting houses.  What is …

Market of Temporary Tattoos is Expected to Grow at a CAGR of 7.7% in 2031 | FMI

The tattoos have been a means of human expression. The fad of getting tattooed, on the other hand, started in the recent decade. The players in the market are focused on providing advanced and clinically hygienic tattoos. The market is set to witness a CAGR of 7.7% in -2031. During the projected period, the spike in desire …