New Product Development
Consumer perception of packaging is slowly changing. Attractive packaging is gaining more popularity among consumers, which has resulted in development of more innovative and attractive packaging designs by the manufacturers. Flip top caps and closures are clean and effective in controlling flow of liquid, allow direction pouring of the product for consumer friendly experience and …
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The growing demand of gift wrapping products and strengthening of the packaging industry are the key drivers of the global adhesive transfer tapes market. However, a large number of pressure-sensitive adhesive transfer tape manufacturers are facing the brunt of the regulatory restrictions imposed on the use of harmful chemicals and the emissions created during manufacture. …
According to the industrial automation market analysis by Future Market Insights (FMI), the market is poised to attain a CAGR of 7% during the forecast period 2022-2032. The industrial automation market growth can be attributed to rising demand for real-time data analysis across geographies and increased adoption of cutting-edge technology across end-use industries to improve performance. The significance of predictive …
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The Stacker Cranes Market is expected to grow at a CAGR of 7%, from an estimated USD 976 million in 2021 to USD 2022.48 million in 2032. Attributes Details Stacker Crane Market CAGR (2022 – 2032) 7% Stacker Crane Market (2032) US$ 2 Bn Stacker Crane Market Attraction Growing need for smart logistics to remain a key driver. “The …
The demand for cold chain packaging solutions has increased significantly with the growing requirement from the food, beverages, and pharmaceutical industries. Growing consumer inclination toward cosmetics and personal care products has further fueled the sales of cold chain packaging. According to the Future Market Insights (FMI), the global cold chain packaging market is anticipated to grow at …
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Over the forecast period, the global biocomposites market is predicted to increase at an exponential rate of 16%. Valued at US$ 25 Bn in 2021, the biocomposites market is anticipated to reach US$ 128 Bn by 2032. The increased research and development efforts for composite materials and biocomposite uses and benefits such as recyclability, lightweight, and cost-effectiveness are driving …
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As per the plain bearing market report by FMI, the global market is expected to be worth US$ 10 billion in 2021 and US$ 17 billion by 2032, growing at a modest CAGR of 5% over the forecast period. The rise of plain bearing applications is propelling the market forward. In addition, increased infrastructure spending, emerging technological projects, and heavy machinery development in China, India, the United States, …
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Future Market Insights has released an exclusive research report, which shows that the ductless heating and cooling systems market is expected to grow at a CAGR of 8%, reaching US$ 228 Billion by 2032 from US$ 98 Billion in 2021. The pandemic impacted negatively on every business, including the ductless heating and cooling systems market. However, non-residential development encountered the most …
As per a new market research report on the electrical digital twin market published by Future Market Insights, the sales of electrical digital twin will advance at a CAGR of 12 percent from US$ 0.9 billion in 2021 to US$ 3.13 billion in 2032. The increased acceptance of innovative technologies such as IoT and cloud for digital twin applications and …
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Global sales in the telescopic masts market are projected to be appreciated at over US$ 374.0 Mn in 2022, growing at a 4.3% CAGR over the projection period. According to Future Market Insights (FMI), the rising usage of telescopic masts in the military sector is driving the market. Military vehicles are provided with small portable telescopic or pneumatic masts for …
Continue reading “Global Telescopic Masts Market to reach a value of USD 603.1.1 Mn by 2032: FMI”