New Product Development
Recycled PET Packaging Market The global recycled PET packaging market is experiencing substantial growth, with a valuation of US$ 3.2 billion in 2023, poised to reach US$ 6.2 billion by 2033, representing a robust Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period. This growth is driven by increasing consumption of packaged food …
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The global dunnage tray market is poised for substantial growth, with sales projected to surge from USD 2 billion in 2024 to USD 2.9 billion by 2034, reflecting a Compound Annual Growth Rate (CAGR) of 3.6%. Several factors are driving this growth, including the increasing importance of dunnage trays in logistics and their ability to …
Future Market Insights (FMI) has recently updated its report on the global bespoke packaging market after thoroughly analyzing prevailing consumer purchasing behavior trends. According to the findings, sales of bespoke packaging products are currently valued at US$ 14.7 billion in 2024. Key Market Insights: Current Valuation: The bespoke packaging market holds a current valuation of US$ 14.7 …
Nylon Films Market The global nylon film market is on a trajectory of substantial growth, with an estimated value of USD 1,021.6 million in 2024 and projected to surpass USD 1,487.3 million by 2034, exhibiting a commendable CAGR of 3.8% over the forecast period. Biaxially Oriented Polyamide (BOPA) film, in particular, dominates the market with …
The global wooden cutlery market is poised for substantial growth, with a projected valuation of US$ 193.2 million in 2023, expected to expand at a CAGR of 4.8% between 2023 and 2033, reaching approximately US$ 308.8 million by 2033. The market is being primarily driven by shifting consumer preferences towards natural and organic lifestyle choices, …
The global timber wrap films market is projected to grow significantly over the next decade, with an estimated value of US$ 464.8 million in 2023. According to the latest market analysis report by Future Market Insights (FMI), the market is set to expand at a compound annual growth rate (CAGR) of 4.3%, reaching approximately US$ …
The meal kit delivery service market value is USD 16,798.1 million in 2023. The market is predicted to grow at a staggering pace, with a CAGR of 14.6% from 2023 to 2033. The value of the market at the end of the forecast period by 2033 is estimated to be USD 65,630.6 million. The demand for home-cooked meals has increased …
The portable air conditioner market in the USA and Canada is expected to reach nearly USD 231.2 million in 2022 and is forecasted to grow to USD 319.7 million by 2032, with a compound annual growth rate (CAGR) of 3.3% from 2017 to 2021. The market for portable air conditioners is driven by several key factors. Rising …
The global out-of-home coffee market is estimated at USD 23.2 Billion in 2022 and is projected to reach USD 36 Billion by 2032, at a CAGR of 4.5% from 2022 to 2032. Future Market Insights projects the out-of-home coffee market to remain steady, exhibiting growth at 4.5% CAGR between 2022 and 2032 in comparison to the CAGR of 3.3% posted between 2017 and 2021. The growing acceptance of branded …
The tampon market size is likely to be worth USD 5,895.9 million in 2024. The industry is set to surpass USD 9,881.7 million by 2034. The sales of tampons are predicted to expand at a CAGR of 5.3% through 2034. The tampon industry is predominantly propelled by factors such as increased awareness and acceptance of menstrual hygiene …