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 …
Category Archives: Business
FMCG Packaging Market By Packaging Type (Protective Packaging, Paper-based Packaging, Flexible Packaging), End Use Industry (Food, Beverages, Cosmetics, Healthcare) & Region for 2022-2032
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 …
The old cardboard market will create new growth opportunities next year
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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Duct Tapes Market will Grow by 5.2% CAGR as Application Grows in HVAC, Building & Construction, and Other Industries
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 …
Increasing Digitalization to Impact the Demand for Copier Paper Across the World
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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Driven By Rising Demand For Effective Packaging Solutions, Steel Drums Market Will Rise At 5% CAGR Between 2021 And 2031
Steel drums have emerged as preferred rigid packaging solutions as they are increasingly used for transporting hazardous and non-hazardous material. According to a study by Future Market Insights (FMI), the steel drums market is forecast to register steady growth on the back of increasing applications in industries such as chemicals, food & beverages, petroleum & …
Global PET Preforms Market Is Expected To Reach Market Value Of US$ 22 Bn By End Of Forecast Period 2020-2030 And Exhibit A CAGR Of 3.8%
Rising at a CAGR of 3.8% in terms of value, the PET preforms market is forecast to rise at a steady pace between 2020 and 2030. Future Market Insights (FMI) in its latest study has forecast growth opportunities to spur especially with industries taking measures to reduce the harm done to ensure maximum safety of the environment. …
The Retail E-Commerce Packaging Market is estimated at US$ 16.8 Bn in 2022
Retail e-commerce packaging is gaining increased traction owing to expanding e-commerce sector. The cross border shopping has picked up steam and is pushing the growth of the e-commerce sector. This in turn has led to the emergence of innovative packaging solutions, thus giving a boost to the global retail e-commerce packaging market. Several key players in …
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Composite Cardboard Tubes Market is expected to register 5.7% CAGR between 2022 and 2026, up from 5.1% CAGR recorded during 2012-2021
Manufacturers across industries are focusing on new product development and product enhancement to grab major hold in the global market. Different types of products are being shipped across major revenue pockets in the globe. In addition, manufacturers are focusing on enhancing their visibility through branding and product promotions. This has triggered the use of attractive …
Child Resistant Bottles Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2022
Child resistant Bottles The U.S. Poison Prevention Packaging Act (PPPA) of 1970 defines child resistant packaging as – “Significantly difficult for children under five years of age to open or obtain a toxic or harmful amount of the substance contained therein within a reasonable time and not difficult for normal adults to use properly.” The risk associated with …