With a favorable demand outlook, the global MOPP packaging films market is expected to reach US$ 367.7 Mn by 2031, growing at a CAGR of 5.2% over the forecast period. Sales of MOPP packaging films were dampened due to the outbreak of COVID-19 pandemic. However, with expedited vaccine drives and improvements in supply chains, FMI projects steady recovery of the market in …
Category Archives: Business
Textile Transfer Papers Market to Grow at 6.4% CAGR by 2031 due to Heightened Demand in Fashion & Sportswear Segment
The global textile transfer paper market is projected to grow at a positive rate of 6.4% CAGR during the forecast period of 2021 to 2031. Textile paper transfer market was expected to reach an estimated value of US$ 695.2 Mn in 2021. In terms of volume, the market is anticipated to expand at a 5.9% CAGR. The …
Europe Meat Packaging Market to exhibit a CAGR of 3.5% By 2031
The meat packaging market is expected to register positive growth through 2021, with the overall valuation forecast to reach US$ 6.9 Bn. Future Market Insights projects meat packaging sales to increase at 4.7% CAGR between 2021 and 2031. The revenue from the meat packaging market totaled US$ 6.7 Bn for 2020, according to FMI. The demand for fresh meat products will be highest among …
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Bag-on-Valve Laminates Market is expected to be worth US$ 225.3 Mn by the year 2022
The global bag-on-valve laminates market is bound to display a gracious growth between 2022 and 2031 at a CAGR of 5.4%, reaching US$ 372 Mn. The bag-on-valve laminates market with a market value of over US$ 219 Mn in the year 2019 is anticipated to grow at an astonishing CAGR of ~5.5% during the forecast period on …
Hang Tags Market Growth By Rising Demand of E-commerce, Clothing, Retail And Food & Beverages Industry
Hang tags are now used in a variety of businesses outside textiles and apparel, including food, hospitality and travel, and beauty and personal care. This will enable sales in the hang tag market, according to a study by Future Market Insights (FMI). By 2021, the market is expected to be worth US$ 1.7 billion. Hang tags …
Signage Market is set to exhibit growth at a CAGR of 6.3% During 2022 to 2031
The global signage market is slated to witness a CAGR of 6.3% between 2022 and 2031, reaching US$ 63.3 Bn by the year 2031. The retail industry is witnessing structural changes along with the adoption of refined strategies that will have a direct impact on the demand for signages. Highly fragmented market and increasing competition for offline stores from …
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Rain Barrels Market is expected to reach US$ 2 Bn in 2022, likely to surge at a vigorous 5.7% CAGR
It is anticipated that the global market for rain barrels would see a boom, growing at a CAGR of 5.7% between 2022 and 2030 to reach US$ 3.3 billion. The need for rain barrels to store rainwater is expected to increase significantly over the course of the forecast period due to steady demand from well-known industries such …
Coffee Filter Paper Market is extrapolated to reach a Value of US$ 247.1 Bn by 2030
ESOMAR-certified consulting firm Future Market Insights’ coffee filter paper market report expects a significantly positive outlook through 2022, expected to surpass nearly US$ 877.3 Mn. Rising demand for incorporating sustainable packaging solutions is primarily underpinning expansion prospects. Furthermore, FMI projects a CAGR of nearly 4.9% through 2030. Global coffee consumption increased by 1.3% in FY 2020-22, as …
Vaccine Packaging Market is projected to reach US$ 3.5 Bn by 2030, at a CAGR of 13.2%
According to FMI, the vaccine packaging market produced approximately US$ 1.1 Bn in total sales in 2021. The global market for vaccine packaging is expected to increase three times from its current value by the end of the forecast period in 2030. The market for vaccine packaging is expected to reach US$ 3.5 Billion by 2030, at …
Beverage Crates Market is expected to surpass US$ 543.9 Mn by 2030, likely to Grow Moderately at 4.9% CAGR
The worldwide beverage crates market is scheduled to witness a really good CAGR of 4.9% somewhere in the range of 2022 and 2030, arriving at US$ 543.9 Mn. The beverage crates market is extending consistently attributable to the ascent sought after in different applications like filtered water, brew, wine, organic product juices, and others. A new report …