The insulated coolers market is estated at USD 699 Mn in 2022 and is projected to reach USD 1,094 Mn by 2029, at a CAGR of 6.6% from 2022 to 2029. The global insulated coolers market constitutes around 3.5% of the Cold Chain Packaging market worth US$ 22 Bn in 2022. The study conducted by FMI estimates that the insulated coolers market will expand 1.6 times of base year value during the …
Category Archives: Business
Padded Mailers Market is expected to reach US$ 2.5 Bn in 2031 | Future Market Insights, Inc.
The global padded mailers market are projected to total US$ 1.7 Bn in 2021. With sales growing at a 5% CAGR, the market valuation is forecast to reach US$ 2.5 Bn by 2031. Padded mailers are manufactured using the thick sheets of paper or cardboard which is pasted inside the mailer. Corrugated material not only adds strength …
Paper Pallet Market is projected to rise at ~5.6% CAGR during the forecast period 2022 – 2029
The global paper pallets market is currently valued at around US$ 633 million, and is anticipated to progress at a CAGR of 5.6% to reach US$ 983 million by 2029. Banking on superior design and performance parameters when compared with wooden pallets, paper pallets continue to be a strong potential contender holding the future of pallet industry. Though accounting …
Global Wooden Cutlery Market is estimated to witness significant rise during the forecasted period 2022 – 2029
In the wooden cutlery market, direct sales and E-retail segments are collectively generating revenue of US$ 138 Mn in 2022, according to the annual market analysis conducted by Future Market Insights. Demand for food service outlets is expected to reach US$ 107 Mn in 2022, according to the latest Future Market Insights (FMI) study. The market value is expected to …
IBC Rental Business Market is projected to expand at a CAGR of 5.7% during the forecast period 2022-2029
The market for IBC rentals is anticipated to reach US$ 1,790.0 Mn by 2029, at a projected CAGR of 5.7% from US$ 1,218.0 Mn in 2022. According to FMI, the IBC rental industry market will generate US$1,218.0 Mn in total revenue in 2022. By the end of 2029, it’s anticipated that the market for IBC rentals as …
Rotational Moulding Machines Market is expected to reach US$ 1,089.5 Mn in the year 2029
The Rotational Moulding Machines Market is estimated at US$ 890 Mn in 2022 and is projected to reach US$ 1,089 Mn by 2029, at a CAGR of 2.9% from 2022 to 2029. The global rotational moulding machines market forms around 1-2% of the global packaging machinery market worth US$ ~58 Bn in 2021. As per the FMI analysis, the industrial and manufacturing witnessing astonishing growth in the recent decade …
Steel Drums & IBCs Market to Display Impressive Growth of 4.8%, East Asia is termed as the most lucrative and emerging market
The market for steel drums and IBCs is projected to reach a market value of US$ 16 billion by 2022 and to grow at a CAGR of 4.8% from 2022 to 2029 to reach US$ 23 billion. Steel drums and IBCs are anticipated to account for roughly 23% of the US$70 billion global industrial packaging …
Oil Packing Machine Market is projected to reach a valuation of US$ 225.6 Mn in 2022
The global oil packing machine market is set to enjoy a market valuation of US$ 225.6 Mn in 2022, and register a CAGR of 4.3% to reach US$ 344.6 Mn by 2032. The challenges associated with the packaging are productivity, efficiency and quality control. Several key trends are influencing the packaging industry. In recent years, packaging machinery manufacturers are embracing …
Sales of Flow Wrap Packaging Industry to increase at a CAGR of 3.1% from 2022-2032
Throughout the forecast period, the market for flow wrap packaging is anticipated to expand at a CAGR of 3.1%. By 2032, this is anticipated to have increased to US$ 36,634.6 million from US$ 26,996.4 million in 2022. Packaging material producers are attempting to address environmental issues and promote healthy living. The demand for environmentally friendly …
Dual Chamber Dispensing Bottles Market is likely to project a CAGR of 3.9% during the forecast period
Due to the rising demand throughout the course of the forecast period, a CAGR of 3.9% is predicted for the global market for dual chamber dispensing bottles. It is projected to increase in value from US$ 107.6 Mn in 2022 to US$ 157.7 Mn by 2032. Dual chamber dispensing bottles are predicted to become more popular …