With a projected Compound Annual Growth Rate (CAGR) of 4.7%, the global perfume pack market is poised for substantial growth. The market value is anticipated to witness a notable upswing, escalating from US$ 2.3 billion in 2022 to a projected US$ 3.6 billion by 2032. This optimistic trajectory reflects a consistent demand for innovative and …
Category Archives: Business
Steel Containers Market Soars: Anticipated to Reach US$ 155.12 Billion by 2032 | FMI
According to analysts at FMI, the global steel containers market is appraised at US$ 115.43 billion in 2022, with a projected upward trajectory, expecting a Compound Annual Growth Rate (CAGR) of 3.0% in the forecast period spanning from 2022 to 2032. This outlook suggests a sustained expansion in the market, driven by the versatile applications …
Wicketed Bagging Machines Market Anticipating Robust Growth at a 4% to 5% CAGR by 2032 | FMI
Projected to experience robust growth, the global wicketed bagging machines market is anticipated to demonstrate a compelling Compound Annual Growth Rate (CAGR) ranging from nearly 4% to 5% throughout the assessment period spanning from 2022 to 2032. This indicative growth underscores the increasing demand for efficient and automated bagging solutions across various industries. The market’s …
Disposable Food Containers Industry Reaching at Remarkable Value of US$ 29.21 Billion by 2033: In Depth Report by FMI
The disposable food containers industry is a dynamic sector within the broader packaging industry that specializes in the production and supply of containers designed for single-use purposes in the foodservice and food retail sectors. These containers are used to package and transport a wide range of food and beverage items, providing convenience and hygiene for …
Zero-waste Packaging Market worth US$ 2,490.6 Million by 2033: Exclusive Report by FMI
The zero-waste packaging market is a dynamic sector within the broader packaging industry that is dedicated to minimizing environmental impact and waste generation. Zero-waste packaging aims to create a circular economy by designing packaging solutions that are sustainable, reusable, recyclable, or compostable, with the ultimate goal of eliminating or significantly reducing waste in the entire …
Aluminum Tubes Market Projected US$ 1,415.44 Million by 2033: A Comprehensive Report by FMI
The aluminum tubes market is a sector within the packaging industry that focuses on the production, distribution, and application of tubes made from aluminum. Aluminum tubes are versatile and widely used for packaging various products across different industries due to their inherent properties such as lightweight, corrosion resistance, malleability, and recyclability. These tubes serve as …
Banding Machine Market Projected to US$ 7.79 Billion by 2033: Exclusive Report by FMI
Banding machines, also known as banders or strapping machines, are automated packaging equipment designed to securely bind together products or packages using bands or straps. These machines play a crucial role in various industries by providing a reliable and efficient method of bundling, reinforcing, or securing items for storage, transportation, or presentation. Banding machines use …
Track and Trace Packaging Market Set to Hit US$ 4,204.65 Million by 2033: In Depth Report by FMI
Track and trace packaging refers to the implementation of technologies and systems to monitor, trace, and record the movement and authenticity of products throughout the supply chain. This includes the use of various technologies, such as barcodes, RFID (Radio-Frequency Identification), QR codes, and serialization, to track the production, distribution, and delivery of goods. The primary …
Antimicrobial Packaging Ingredients for Food Packaging Market Anticipated US$ 4,281 million by 2033: In Depth Report by FMI
Antimicrobial packaging involves the incorporation of active substances or ingredients with antimicrobial properties into packaging materials to inhibit or prevent the growth of microorganisms, including bacteria, mold, and yeast. These antimicrobial packaging ingredients help extend the shelf life of food products, enhance safety, and reduce the risk of contamination. The global Antimicrobial Packaging Ingredients for Food …
Plastic Shrink Wrap Market Anticipated US$ 4.67 billion by 2033: Exclusive Report by FMI
Plastic shrink wrap, also known as shrink film or shrink wrap, is a versatile packaging material made from polymer plastic that shrinks when heat is applied, tightly conforming to the shape of the items it covers. This wrapping process provides a secure and protective barrier around products, enhancing their stability, durability, and tamper resistance. The …