The global old corrugated containers (OCC) market size is estimated to be valued at US$ 41.4 billion in 2023. Old corrugated container sales are anticipated to reach US$ 65.7 billion by 2033. The market will likely expand at a CAGR of 4.7% during the forecast period 2023 to 2033. Corrugated packaging producers are set to use recycled …
Category Archives: Business
Global Metal Packaging Market to Surpass USD 239.4 Billion by 2033, Driven by Technological Innovations and Sustainability Trends
Metal Packaging Market According to recent insights from packaging analysts, the global metal packaging market is on a trajectory of substantial growth, with projections indicating a valuation surpassing USD 239.4 billion by 2033. With a current valuation of USD 124.9 billion in 2023, the market is expected to exhibit a robust compound annual growth rate …
Global Biodegradable Film Market Projected to Reach USD 1,880.7 Million by 2034, Driven by Sustainability Initiatives
The biodegradable film market is slated to have a valuation of USD 1,258.4 million in 2024. The packaging industry is thriving as a result of the industrial boom, especially in Asian nations. However, the packaging industry also has to face up to the reality of a significant amount of products being used in packaging being harmful to the …
Global Tobacco Packaging Market to Reach USD 20.2 Billion by 2034 Amidst Regulatory Shifts and Product Innovation
The global tobacco packaging market is on track to achieve a significant milestone, with its value expected to reach USD 15.5 billion by 2024 and further expand at a CAGR of 2.7%, reaching USD 20.2 billion by 2034. This growth is fueled by continuous product innovation, evolving consumer preferences, and the increasing adoption of tobacco …
Global Flow Wrap Market Poised to Reach USD 7.1 Billion by 2034 Despite Modest Growth Rate
The global Flow Wrap Market is projected to reach a valuation of USD 7.1 billion by 2034, growing at a CAGR of 3.70% over the next decade. Despite the modest growth rate, this market is anticipated to witness significant value expansion from its current valuation of USD 4.9 billion in 2024, presenting substantial opportunities for …
Brilliant Black BN Colors Market Set to Reach USD 6.7 Million by 2032, Growing at a 2.7% CAGR | FMI
The global Brilliant Black BN Colors market size, valued at USD 5.11 million in 2022, is projected to reach USD 6.7 million by 2032, expanding at a steady CAGR of 2.7% during the forecast period from 2022 to 2032, according to the latest analysis by Future Market Insights (FMI). By volume, the market reported a consumption …
Fat Replacers Market Projected to Grow to USD 4.5 Billion by 2032, Expanding at a 6.2% CAGR | FMI
The fat replacers market is expected to witness growth at a CAGR of 6.4% over the forecast period, reaching a valuation of US$ 4.5 Bn by 2032. Though consumers are well versed with risks of consuming fats daily, people find it hard to cut down on their fat intake because fat makes meals flavourful and tempting. Under …
Global Bottles Market Set for Robust Growth, Projected to Reach USD 188.7 Billion by 2033
The global bottle market is on a trajectory of significant growth, with an anticipated market valuation of USD 113.6 billion by the end of 2023. This momentum is expected to continue, with the market projected to expand at a robust compound annual growth rate (CAGR) of 5.2%, reaching approximately USD 188.7 billion by 2033. Changing …
Global Multiwall Bags Market Poised for Steady Growth, Expected to Reach USD 24.42 Billion by 2033 | FMI
The global multiwall bags market is on a trajectory of steady growth, with a projected average Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period. By 2023, the market is expected to reach a revenue of approximately US$ 15.57 billion, and it’s anticipated to surpass US$ 24.42 billion by 2033. According to an analysis by FMI, …
Global Earphone and Headphone Market Poised for Explosive Growth, Projected to Reach $198.42 Billion by 2034
The global earphone and headphone market is estimated at US$ 22.3 Bn in 2022, and is projected to close in on a valuation of US$ 35.2 Bn by 2028, expanding at a CAGR of 7.9% over the 2022 to 2028 assessment period. Future Market Insights has recently published a market research report titled “Earphone and Headphone Market – Global Industry Analysis 2013 – 2017 …