The global demand for steel drums & IBCs accounted for revenues equating US$ 16.3 Bn in 2022; FMI’s new study estimates growth to hover at 4% mark during the next decade. Increasing global trade and growing proclivity to invest in efficient transportation are supporting market growth, according to the authors of the report. Increasing focus on achieving cost-effectiveness …
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Degassing Valve Market to Expand by 4.9% CAGR amid Surging Consumption of Coffee and Flexible Packaging Worldwide: FMI
As per a recent market analysis by Future Market Insights (FMI), the global degassing valve market size is projected to top US$ 140 Mn in 2022. With sales growing at a 4.9% CAGR, the market size will total US$ 215.7 Mn in 2031. Degassing valves are used for emitting/degassing the carbon dioxide and air inside various bags and pouches. With their exceptional functionality, these …
Freshness Indicator Labels Market Latest Research, Industry Analysis, Driver, Trends, Business Overview, Key Value, Demand
Freshness Indicator Labels Market: An Overview Labels are widely used to convey certain information, such as product composition, nutritional properties, weights, and measures, to the consumers. The role of freshness indicator labels is even provide the information on the quality of the packed food and a warning on certain spoilage level of product. Thus, the freshness …
APEJ to Dominate the Global Gusseted Bags Market during the Forecast Period 2022 – 2026
As per the latest report by Future Market Insights (FMI), the global gusseted bags market is expected to witness sluggish growth. During the forecast period, the market is projected to expand at a CAGR of 2.8%. The global gusseted bags market is also projected to reach US$ 26 Bn revenue by the end of 2026. Gusseted bags …
Beverage Sector to Account for Over 65% Bag-in-Box Sales as it Continues Exhibiting Demand for Sustainable Packaging:Study
Among various industries using bag-in-box packaging solutions, the beverage sector has emerged dominant. According to a study by Future Market Insights, the beverages sector is expected to account for over 65% of sales in bag-in-box market. Within the beverages industry, the wine segment holds the largest share.Using bag-in-boxes for packaging wines are particularly handy when it comes …
Increasing Demand from Printing and Publication Industry to Improve Growth Prospects for Glassine Paper Market
The global glassine paper market is fragmented in nature with the presence of key market players in the U.S., Germany, Italy, China, and Japan. The glassine paper market is anticipated to offer lucrative opportunities to new entrants for expansion in developing nations such as India, Brazil, Malaysia in the upcoming years. Increasing demand for glassine paper for …
Bag Making Machine Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027
Bag Making Machine Market Overview Nowadays bag making machine is manufactured by manufacturer keeping in mind that to utilize high grade raw material and innovative techniques in compliance with the international quality norms and standards. Bag making machines are of excellent construction, all parts are arranged in a most accessible way, making operation and adjustments …
Dispersion Coating Market : Global Industry Analysis 2015-2019 and Opportunity Assessment 2020-2030
Dispersion Coatings Market: Overview Paper packaging has key attributes such as sustainability, recyclability, lighter alternative to heavy packaging formats and multi-application areas. This has led to shift the focus from plastics, glass and metal in the packaging systems. The increasing packaging trends such as economical and environment-friendly packaging has a positive impact on the paper …
Flexible Plastic Packaging Market To Grow At 5% CAGR; Increasing Demand For Reusable Packaging from Fast Moving Consumer Goods
Driven by shifting consumer preference from traditional packaging products to stand-up pouches and re-closable packaging, the flexible plastic packaging market is forecast to reach valuation of US$ 98 Billion by the end of 2021, finds Future Market Insights (FMI) in a study The flexible plastic packaging market with its material segment, product segment, and packaging segment will generate sales …
IBC Rental Business Market Players Set their Sights on Low-capital End Users, FMI Study
The latest market research report by Future Market Insights on the IBC rental business includes global industry analysis 2014–2021, and opportunity assessment 2022–2029. The report studies the IBC rental business and provides critical insights for the forecast period 2019–2029. As per the findings of the report, the global IBC rental business is projected to experience significant growth …