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As per FMI, the global cans market is projected to reach US$ 51.6 Bn in 2032 and exhibit growth at a CAGR of 3.8% in 2022-2032. The market is estimated to reach a valuation of over US$ 35.6 Bn in 2022. Cans are best suited for preserving food as it prevents growth of microorganisms that cause foodborne illnesses. Being 100% recyclable, food cans …
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As per FMI, the global blow molded bottles market size is likely to reach US$ 144.3 Bn by the end of 2032. It is anticipated to exhibit growth at a CAGR of 4.8% during 2022-2032 and is projected to be valued at US$ 90.3 Bn by the end of 2022. Blow molding is a process where inflation and heating is done to create hollow products. …
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The corrugated fanfold market is estimated at a CAGR of 4.3% during the forecast period. The market is likely to be valued at US$ 10,456.7 Mn in 2022 and is anticipated at US$ 15,930.9 Mn by 2032. The cost-effective and green packaging solution is the utmost priority; hence the demand for corrugated fanfold packaging has been a …
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As per Future Market Insights (FMI), the global tea packing machine market size is estimated to be valued at US$ 811.4 Mn in 2022. Furthermore, with rising production and consumption of tea globally along with increasing need for improving production efficiency in manufacturing facilities, the overall sales of tea packing machines are slated to grow at 5.7% between 2022 and 2032, …
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A wood fibre craft offers the greatest strength and unadulterated beauty. Paper made from chemical pulp is used to prepare craft bags throughout the crafting process. Grocery packaging typically consists of plan craft bags. There are typically two types of craft bags on the market: white and brown. Craft bags are mostly used to transport lightweight items …
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Packaging is the innovation driven industry. Today packaging has not just remained a way to store and transport goods from one location to another. Electronics entered into all the aspects of human life, and the new technologies like Internet of Things (IoT) are the emerging ones. This change has led the rapid growth of electronics …
The global digital label printing market will grow at a significant CAGR throughout 2020-2030. Factors such as cost-effectiveness, less labor requirement, and reduced waste production are enabling broader adoption of digital label printing. Such benefits of digital label printing are making them commonplace in various sectors such as food & beverages, cosmetics, and pharmaceuticals. Further, FMI finds that …
Fast food containers are the type of food packaging containers that are made from various manufactured and synthetic materials, including metal (aluminium foil), paper and paperboard, plastics, and more. Fast food container packaging involves a significant amount of food packaging material that ends up in landfills, composting, recycling and litter. These boxes are safely used to store and pack different …
As per FMI, the global ice cream packaging market size is likely to reach US$ 1,215.6 Mn by the end of 2032 and expand at a CAGR of 4.0% from 2022-2032. Customers are nowadays purchasing ice creams based on appeal, impulse, and brand perception, which has emerged as the key factor for growth. Packaging for ice creams needs to be both attractive …
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As per FMI, the global reusable packing market is set to be valued at US$ 177.0 Billion by 2032 and exhibit growth at a healthy CAGR of 5.5% from 2022-2032. The market stood at US$ 98.5 Bn in 2021. Reusable packing has gained immense popularity due to its multiple applications, cost-efficient nature, as well as ability to …