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Global bulk container packaging sales are set to grow at 3.1% in 2021, up from a modest 1.8% growth witnessed in 2020, according to latest insights presented by Future Market Insights (FMI). Bulk container packaging demand remained lackluster in 2020, mimicking the broader sluggishness in global economy. However, as revival commences, bulk container packaging manufacturers can expect …
Continue reading “Bulk Container Packaging Market Estimated to Expand at a Robust CAGR By 2031”
The global gummed tapes market is estimated to expand at 6.2% CAGR between 2021 and 2031, find Future Market Insights (FMI). These tapes are most preferred for sealing heavy equipment, furniture, and other bulky items to reduce the risk of damage during the transportation of the products. Sales of these tapes are expected to burgeon on the back of …
Continue reading “Gummed Tapes Market : Technological Growth Map over Time”
The PET blow moulder market in the United States is likely to be driven by dynamic developments in the packaging sector and an increase in the number of bottled consumer products.–In 2016, the United States had a revenue share of just over 70% in the North American PET blow moulder market, and it is predicted to …
The market for polyester straps is anticipated to reach US$ 1,389 Mn by 2027, at a CAGR of 7.4% from 2022 to 2027, from an estimated US$ 973 Mn in 2022. According to the study’s research of the different packaging grade types, hand grade polyester straps will make up about 58 percent of all polyester straps sold …
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Future Market Insights’ latest report on North America’s silo bags market indicates that undulating prices of raw materials such as polyethylene films is curbing the production of silo bags. The study conducted by Future Market Insights estimates that the 60 meter and 75 meter lengths of silo bags are estimated to cumulatively account for around 90% of market share in 2022 …
The global glass container market will exhibit 2.1% Y-o-Y growth in 2021, after contracting in 2020 due to disruptions caused by unprecedented COVID-19 outbreak. According to a new study by Future Market Insights (FMI), the near-term opportunities for the market will remain positive, especially as application in beverages packaging continues surging. The report also projected to market …
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According to an assessment by Future Market Insights, the global Confectionery Packaging market was valued at nearly US$9,200Mn in 2017 and is expected to reach a value of nearly US$13,200Mn by 2027 Future Market Insights has published a new report titled ‘Confectionery Packaging Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027′ studying the …
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A new forecast study by Future Market Insights reveals such trends will continue to drive the demand for specialty films globally. According to the findings from the report, the global specialty films market is poised to expand at a CAGR of 4.9%, representing steady revenue growth during the forecast period, 2017-2026. The study projects that by the …
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FMI foresees increasing demand for PET packaging over its glass counterparts as the key growth driver of stretch blow molding machines. Witnessing a sluggish Y-o-Y growth of 3.1% through 2022, the global stretch blow molding machines market, is expected to reach a valuation of nearly US$ 845.9 Million through the same period. In a new research …
During this period, the market is poised to expand at a moderate CAGR of 4.3% as a range of factors are likely to restrain the production and sales of printing machines Future Market Insights’ exclusive study on the global printing machines market delivers a forecast on how the demand for printing machines will shape up in the …