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The vehicle tracking system market size is estimated to be valued at US$ 22 billion in 2022 and is anticipated to reach US$ 78.04 billion by 2032, at a CAGR of 13.5% during 2022-2032. Due to factors such growing customer concern over the security and safety of automobiles and growing use of cutting-edge technology, the demand for …
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Coiled Tubing Market is expected to reach US$ 2.57 Bn in 2032, likely to surge at a vigorous 3.4% CAGR during the forecast period of 2022 – 2032 | FMI. Coiled Tubing is a continuous tubing made of steel or composite material which is used in Oil and Gas Industries for conveyance or deployment applications. They …
The global isothermal boxes for vaccines market is estimated at US$ 178.6 Mn in 2022 and is projected to reach US$ 269.4 Mn by 2028, at a CAGR of 7.1% from 2022 to 2028.The isothermal boxes for vaccines market revenue totaled US$ 167.2 Mn for 2021, according to FMI. The overall isothermal boxes for vaccines market is anticipated to expand 1.6x times the current market …
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As per the latest study by Future Market Insights (FMI), sales will continue growing in the market at a ten-year compound annual growth rate (CAGR) of 5.0% annually, through 2031. Revenue generated in the cling film market is expected to increase by 3.0% in 2021. Between 2021 and 2031, the market valuation is expected to double reaching US$ 1.9 billion. Consumer preference …
The global Linerless Labels Market is likely to reach US$ 2.5 Bn by the year 2029 at a CAGR of 4.9% between 2022 and 2029. The global linerless labels market was valued at US$ 1.40 Bn in 2018, and is expected to witness a CAGR of 4.2% during the forecast period of 2022-2029. North America and Asian regions are expected to hold collective …
Sales in the global water soluble pods packaging market are slated to top US$ 244.6 Mn in 2022. Expanding at a healthy 16.4% CAGR, the market size is projected to total US$ 621.6 Mn by 2028. Increasing sustainability and environmental concerns is set to propel the sales in water soluble pods packaging market. Also, the implementation of stringent norms by governments …
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The market for flatback tapes is anticipated to reach USD 1.5 billion by 2027, at a CAGR of 5.9% from 2022 to 2027, from an estimated USD 1.1 billion in 2022. According to Future Market Insights’ Annual Market Analysis of the flatback tapes market, the silicon and rubber sectors will bring in a combined total of USD …
North America leads the thin wall plastic containers market as a result of increasing demand for plastic containers in food and beverage industry. The North America market is set to register a CAGR of around 4.1% during the forecast period. As the world is transitioning towards sustainable packaging solutions, the demand for thin wall containers is on …
By 2022, the market for metallized films is anticipated to be dominated by plastic in the material segment by a margin of more than 90%. Polymer metal films are lightweight, affordable, and give packaging a shiny, metallic sheen. Additionally, during the years 2022–2028, this material market is anticipated to draw potential incremental prospects worth US$1.5 billion. According …
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The global blow-fill-seal equipment market is projected to expand at a CAGR of 5.9% by the end of the forecast period (2022-2028). Growth in the market is underpinned by rapid development and advancement in packaging industries, coupled with rising application in diverse end-use sectors. Increasing demand for aseptic packaging in the pharmaceutical industry is projected to be a critical …
