Category Archives: Business

According to FMI, the global eco-friendly straws market is anticipated to exhibit a positive growth trend through 2030, primarily driven by growing focus on sustainable manufacturing and consumption. The report opines that awareness about sustainable living and rising environmental protection concerns will influence investments in eco-friendly products, and straws as a category will benefit from it. Demand …

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Future Market Insights, in its new offering, outlines the growth trails of compostable foodservice packaging market for the period 2019 and 2029. According to the report, worldwide sales of compostable foodservice packaging reached approximately 6,400 thousand tons in 2018, equaling revenues worth US$ 16.7 Billion. As end users’ quest for sustainable packaging intensifies, manufacturers are likely to witness a period …

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Driven by the rising focus on environment-friendly and sustainable packaging solutions, the demand for paper bags is poised to surge exponentially, finds Future Market Insights (FMI) in a new study. Paper bags are light-weight, biodegradable, and cost-effective. Due to their intrinsic properties they also are considered eco-friendlier than plastic alternatives. Use of paper bags has …

Continue reading “Paper Bags Market is anticipated to grow at 4.1% CAGR during the forecast period from the year 2020 to 2030”

The global MOPP packaging films market revenue totaled US$ 204.7 Mn in 2020, according to ESOMAR-certified consulting firm Future Market Insights (FMI). 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 …

Continue reading “Increasing Applications of Adhesive Tapes and Wraps in the Packaging Industry will Augment Sales of MOPP Packaging Films: FMI”

The study conducted by FMI estimates that the beverage packaging market will expand 1.3 times of base year value during the forecast period which is expected to generate lucrative investment opportunities for the manufacturers. Beverage packaging market is expected to be steered by Asia Pacific region which is expected to hold prominent market share of 37.3% in 2022.  The beverage …

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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 applications which …

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FMCG Packaging Market Overview The global FMCG packaging market is projected to record a CAGR of 4.3% from 2022 to 2032. “Fast-moving consumer goods are the high volume, low priced items that are quickest to leave the supermarket shelves, which demands high volume of packaging.” Growing demand from e-commerce industry has been regarded as a vital factor that is …

Continue reading “FMCG Packaging Market By Packaging Type (Protective Packaging, Paper-based Packaging, Flexible Packaging), End Use Industry (Food, Beverages, Cosmetics, Healthcare) & Region for 2022-2032”

Old cardboard container: overview Corrugated cardboard has become one of the indispensable formats in the packaging industry. Factors that enhance the taste of corrugated cardboard include customizability and reusability. In addition, corrugated cardboard provides end users with an eco-friendly packaging solution. Old corrugated board containers are a rich source of wood pulp fiber and have established themselves as …

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According to Future Market Insights (FMI), the duct tapes market will grow by 5.2% CAGR between 2021 and 2031 as application increases in industries such as HVAC, building & construction, automotive, electrical & electronics, shipping & logistics, and others for repairing, sealing, coding, waterproofing, strapping, splicing and other purposes. For more insights into the market, request a …

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Future Market Insights (FMI) delivers key insights on the global copier paper market in its published report, titled “Copier Paper Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027”. Globally, the revenue generated from the sales of copier paper is estimated to be around US$ 14,278.9 Mn in 2018, and is projected to expand at a CAGR of 1.2%, during the …

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