New Product Development
Sustained consumption of petroleum and lubrication products by manufacturing and industrial sectors continues to drive demand for jerry cans at a global level. Despite emergence of intermediate bulk containers (IBCs) as a cost-competitive and space-conserving alternative, the demand for jerry cans remains healthy owing to high adoption by food & beverages and chemical industries. The …
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Molded fiber pulp packaging will gain traction due to the expanding application in the food and beverage industry. As per a study by Future Market Insights (FMI), the sales of molded fiber pulp packaging is expected to grow at a CAGR of 5.1% between 2021 and 2031. Molded fiber pulp packaging is accepted worldwide in protective packaging …
The global anti-counterfeit packaging market is slated to top US$ 137.4 Bn in 2022. With a favourable demand outlook, sales are projected to increase at a robust 11.9% CAGR, pushing the market size to US$ 422.8 Bn by 2032. To maintain the integrity of the original manufactured product throughout the supply chain, brand owners are adopting anti-counterfeiting packaging solutions. Anti-counterfeit packaging can …
According to Future Market Insights (FMI), the global coffee capsules market is projected to surpass US$ 9.8 Bn by the end of 2032. Due to the growing demand for non-alcoholic drinks, coffee capsules are gaining widespread acceptance among consumers in recent years. Coffee Capsules Market registering 4.9% CAGR during the forecast period (2022-2032) and to reach US$ …
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The global rolling papers market is estimated to reach a valuation of US$ 679 Mn in 2022. Sales are projected to grow at a steady 5.1% CAGR, with the market size reaching US$ 1.1 Bn by 2032. Traditionally, tobacco was smoked using paper scraps and leafs of different trees. However, paper scraps and leafs have gradually evolved into sophisticated and commercial rolling …
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This Overcaps Analysis market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in …
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According to Future Market Insights, metal IBCs market participants are continuously looking for the storage and shipping packaging options that are easily traceable. Metal IBC are available with the RFID or barcode data retrieving technology that helps the end users to track the shipment. These options work with smartphones, tablets and handheld scanners to collect and tracking …
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As per Future Market Insights, the global feeder containers market is slated to total a valuation of US$ 7.8 Bn in 2022. With sales growing at a 5.9% CAGR, the market size will surpass US$ 13.8 Bn by 2032. One of the primary drivers propelling the global feeder containers market is the growing usage of feeder containers due to their flexibility in transportation and …
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Future Market Insights predicts ampoules and vials are the most preferred products among sterile packaging industry manufacturers. The sterile Packaging Market is expected to reach US$ 38.1 Bn in 2022, likely to surge at a vigorous 9.2% CAGR during the assessment period. One of the key factors propelling the growth in the sterile packaging market is the growing demand for multi-compartment …
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As per Future Market Insights (FMI), the global PE films market is projected to reach a valuation of US$ 79.2 Bn by 2032, with sales growing at a CAGR of 4.3% over the forecast period. PE films are cheap, flexible and versatile that gives them a competitive edge in the packaging industry. Packaging films are manufactured by …
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