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acuum packaging plays an important role in preventing bacterial growth on dry and fresh food items, thus, improving their shelf life by at least 50%. The global vacuum packaging market is expected to expand at a stellar CAGR throughout the forecast period, 2020-2030. Growing consumer awareness for hygienic and good-quality food packaging has fueled the need for …
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As per FMI, the global processed meat packaging market size is projected to increase at a CAGR of 4.8% from 2022 to 2032. It was valued at around US$ 1.4 Bn in 2021. Fast-paced lifestyles and an increasing number of salaried workers have raised the consumption rate of ready-to-eat food products, which is expected to spur market expansion. FMI mentions that …
The global wood pallets market Share is projected to grow from US$ 2.3 Bn to US$ 3.8 Bn by 2032, with the overall demand increasing at 5.4% CAGR throughout the forecast period. Rising adoption of wooden pallets across various end-use industries and growing popularity of recyclable pallets due their environmental benefits are some of the key factors driving growth in the global wood …
Global plastic bottles market size is anticipated to grow from US$ 60.2 Bn in 2021 to US$ 97 Bn by 2032, with overall plastic bottle sales rising at 5.5% CAGR throughout the forecast period. Rising usage of plastic bottles for packaging beverages, drugs, cosmetics, and homecare products due to their low cost, high strength, and impact resistant features will continue to provide impetus …
The overall rubber tapes market is projected to develop at a reliable 4.4% CAGR, showing up at US$ 1.4 Bn in 2032. Extending interest for rubber tapes from the equipment and advancement regions should help bargains by 1.6 times some place in the scope of 2022 and 2032. Interest for substantial sticky material is supposed to increment …
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According to a market study by Future Market Insights (FMI), the demand for plastic punnets increased among end users with growing consumption of packaged fresh food. However, due to growing environmental concern, manufacturers and end users are adopting sustainable packaging formats to preserve nature and ensure maximum product shelf life. To capitalize on this existing trend, some …
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Corrugated bin boxes are made from the corrugated board, which is a preferred packaging material, because of its sustainability, recyclability and versatile features. Manufacturers are getting influenced by this high-performance material and therefore are preferring corrugated materials over other conventional materials. Corrugated bin boxes are manufactured from natural renewable resources, consuming high percentages of recovered fibers …
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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 …
The global crates market is projected to grow from US$ 5.2 Bn in 2022 to US$ 9.2 Bn by 2032, exhibiting a CAGR of 5.9% throughout the forecast period. Rising usage of crates across numerous end-use industries such as food & beverages, pharmaceuticals, automotive, and logistics is a key factor driving growth in the global crates market. Crates are huge, robust containers that are useful …
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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