New Product Development
According to FMI research, during the forecasted period, the global thermoformed trays market is predicted to reach a valuation of US$ 6.8 Bn in 2022 and is expected to grow at a CAGR of 4.4% and anticipated to reach a valuation of US$ 10.4 Bn till the year 2032. Plastics have become an important part of the packaging in today’s world. In the …
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The global fiber based packaging market is forecasted to be appraised at US$ 437,124.3 Million by 2032, up from US$ 319,012.7 Million in 2022, advancing at a CAGR of 3.2% during the forecast period. The fiber based packaging market is likely to grow owing to the shift in the approach of buying and producing/selling products by consumers …
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The global electrostatic discharge (ESD) packaging market is set to enjoy a market valuation of US$ 1.9 Bn in 2022, and is further expected to accelerate at a CAGR of 5.3% between 2022 and 2032, reaching around US$ 3.1 Bn by 2032. Rising need for protecting electro-sensitive products or devices during shipping and transportation is a key factor driving demand for electrostatic discharge …
Industrial Pails & Drums Market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future. As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Industrial Pails & Drums Market …
The global high density polyethylene (HDPE) bottles hold a forecasted share of US$ 52533.5 million in 2022 and are likely to surpass US$ 73390.9 million by 2032, moving ahead with a CAGR of 3.4% during the forecast period. As explained in a new research study presented by Future Market Insights, the global HDPE bottles market will demonstrate passive growth over the next few years; however, increasing …
Future Market Insights (FMI) predicts the global market for security holograms to expand at 5.3% CAGR between 2021 and 2031. Overall sales of security holograms are expected to total US$ 8.1 Bn by 2031. Increasing focus on security and authentication along with surging demand for anti-counterfeit devices to prevent the sales of counterfeit products will strengthen growth …
The global heat transfer paper market garnered a market value of US$ 580.6 Million in 2022 and is expected to accumulate a market value of US$ 871.6 Million by registering a CAGR of 4.2% in the forecast period 2022-2032. Growth of the heat transfer paper market can be attributed to penetration of automation and customization in the heat paper market. The market for …
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The intelligent packaging market revenue totaled US$ 17.8 Bn in 2020, according to Future Market Insights. The overall market is expected to reach US$ 46.7 Bn by 2031, expanding at a CAGR of 9.0% for 2021-31. Packaging has consistently improved in the last few years. Packaging technology has become smarter to act as a catalyst for improving the shelf life of the packed …
The global FIBC market is expected to top a valuation of US$ 7.1 Bn by the end of 2022, with a CAGR of 5.3% during the forecast period (2022-2032). The global FIBC market is estimated to hold 1/3rd value share of the global IBC market worth of US$ 22 Bn in 2022. FIBCs were rugged sheets made up of heavy-duty PVC coated polyester …
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The global Caps and Closures market size is expected to be valued at US$ 68.58 Billion in 2022. With the increasing demand for various food products and alcoholic and non-alcoholic beverages, coupled with the increase in disposable income levels of consumers in emerging economies, the overall demand for Caps and Closures is projected to grow at a CAGR of 5.5% between 2022 and 2032, …