The global steel drum market is projected to witness robust growth, with an anticipated CAGR of 5.6% from 2023 to 2033. By 2033, the market is expected to reach a valuation of US$ 20.8 billion, up from US$ 2.0 billion in 2024. Carbon steel or stainless steel is used to make the steel drum, a …
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Reconditioned Steel Drum Market Projected to Surpass US$ 3.1 Billion by 2034, Driven by eCommerce Growth and Technological Advancements
Reconditioned Steel Drum Market The global reconditioned steel drum market is set to witness substantial growth, with estimations forecasting a valuation exceeding US$ 3.1 billion by 2034, according to a recent report. Anticipated to register a robust compound annual growth rate (CAGR) of 4.5% until 2034, the market is projected to reach a valuation of US$ 2.0 …
Global Copier Paper Market Set to Reach US$ 17.6 Billion by 2033, Driven by Increasing Demand and Emerging Markets
The global copier paper market size is estimated to reach US$ 15.1 billion in 2023. The market is anticipated to record a CAGR of 1.6% between 2023 and 2033 and is expected to reach a valuation of US$ 17.6 billion by 2033. The global market is also driven by the increasing demand for printed materials for various …
Explosive Growth Forecast for IoT in Supply Chain Market: From $12.4 Billion in 2023 to $41.8 Billion by 2033
The global excitation systems market will be valued around US$3.1 billion by 2023. FMI predicts that the market will expand at a 4.6% CAGR between 2023 and 2033, reaching $4.8 billion by 2033. Excitation systems are in great demand because to the ongoing expansion of end-use industries such as oil and gas, electricity, mining, chemicals, …
Global Floating Covers Market to Reach USD 1.7 Billion by 2033, Growing at a CAGR of 4.9% | FMI
The United States floating covers industry is poised for substantial growth, with a projected valuation of US$ 261.1 million by 2033, showing a steady CAGR of 3.4%. The increasing demand for treated water in the pharmaceutical and beverage sectors, along with the urgent need for demineralized water to support industrial power generation, will drive market expansion. …
Fiber Drums Market to Reach USD 1.80 Billion by 2033, Growing at a CAGR of 5.7%
The United States is poised to maintain its dominant position in the global fiber drum market, with an estimated market size of US$ 239.2 million by the end of the forecast period in 2033, exhibiting a solid compound annual growth rate (CAGR) of 4.2% from 2023 to 2033. This continued leadership is attributed to the …
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Digital Textile Printing Market to Reach USD 8,897.3 Million by 2034, Growing at a CAGR of 12.1%
The global Digital Textile Printing Market is anticipated to reach a valuation of US$ 2,989.6 million in 2024, driven by focus on sustainable materials. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 12.1% between 2024 and 2034, and reaching a total valuation of approximately US$ 8,897.3 million by 2034. Core Concepts From 2019 to …
Heavy Duty Bag and Sack Market to Reach USD 18.1 Billion by 2033, Driven by Expanding Industrial Applications and Sustainability Initiatives
The heavy-duty bag and sack market valuation is US$ 12.7 billion in 2023. While in 2022, the market was valued at US$ 12.3 billion . The market is expected to grow at a CAGR of 3.6% from 2023 to 2033. The market size is estimated to reach US$ 18.1 billion by 2033. Heavy duty bags and sacks …
Ring Pull Cap Market Set to Grow from $374.9 Million to $557.1 Million by 2034, Driven by Rising Demand for Beverages and Sustainability Initiatives
According to recent analysis by FMI, the global ring pull cap market is set to experience significant growth, with its valuation reaching USD 374.9 million in 2024. The market is projected to expand at a CAGR of 3.90%, culminating in a valuation of USD 557.1 million by the end of the forecast period. Market Trends …
Pre-Made Pouch Packaging Market to Soar from US$10.81 Billion to US$16.63 Billion by 2033, Driven by Convenience and Sustainability Trends
The global pre-made pouch packaging market is set for significant growth, with its value expected to rise from USD 10,808.3 million in 2023 to an impressive USD 16,625.03 million by 2033. This represents a steady CAGR of 4.4% over the forecast period, driven by increasing demand for convenient and sustainable packaging solutions. Core Concepts in the Pre-Made …