According to Future Market Insight, the global power over Ethernet (PoE) solutions market is projected to reach a value of USD 2.5 billion by 2033, registering a CAGR of 9.2%. This is a considerable increase from its present value of USD 1.0 billion in 2023. The increasing demand for cost-effective communication is primarily driving market growth. Implementing …
Category Archives: Business
Global Grant Management Software Market: Key Players Empowering Non-profits and Businesses with a 10.3% CAGR Forecast by 2033 | Future Market Insights, Inc.
The grant management software market is predicted to be worth US$ 2,522.1 million in 2023 and rise to US$ 6,742.4 million by 2033. The global industry was expanding at a CAGR of 8.2% from 2018 to 2022. SMEs are becoming prevalent in developing nations and are likely to utilize software-based automated solutions. As SMEs place huge emphasis …
Elastic Film Market Set to Reach US$ 3.4 Billion by 2034, Driven by Rising Demand for Hygiene, Baby Care, and Sustainable Packaging Solutions
The global elastic film market is set to grow significantly, projected to reach a market size of US$ 3.4 billion by 2034, up from US$ 2.5 billion in 2024, representing a compound annual growth rate (CAGR) of 2.9% over the next decade. Key drivers of this growth include heightened awareness of personal hygiene, the increasing …
North America Plasma Bottle Market Poised for Growth Amid Rising Demand for Sterile Medical Packaging
The North American plasma bottle market is set for notable expansion, with demand anticipated to grow at a compound annual growth rate (CAGR) of 4% to 5% from 2022 to 2032. This growth is attributed to heightened emphasis on sterile medical packaging for storing and transporting blood components under stringent hygienic conditions, as well as …
Oily Waste Can Market Expected to Reach USD 336.4 Million by 2034, Driven by Industrial Expansion and Stringent Waste Management Regulations
The global market for oily waste cans is on a steady growth path, projected to reach USD 336.4 million by 2034, up from USD 255.2 million in 2024. This growth, at a CAGR of 2.8%, reflects rising demand from industrial sectors, including oil and gas, pharmaceuticals, healthcare, and heavy-duty manufacturing, where proper disposal of hazardous …
Global Cupcake Box Market Projected to Reach USD 358.6 Million by 2034, Driven by Rising Demand Among Home Bakers and the Shift Toward Eco-Friendly Packaging
The global cupcake box market is on a steady growth trajectory, valued at approximately USD 249.4 million in 2024, and is anticipated to expand at a CAGR of 3.7%, reaching USD 358.6 million by 2034. A rise in the popularity of bakery products, coupled with the demand for personalized and sustainable packaging, is expected to …
Global Horizontal Flow Wrapping Machines Market to Reach USD 2.03 Billion by 2034 Driven by High Demand for Automated Solutions
The global horizontal flow wrapping machines market is projected to witness steady growth over the next decade, with an estimated increase from USD 1,573.6 million in 2024 to USD 2,034.1 million by 2034, driven by a CAGR of 2.6%. The industry, which recorded a revenue of USD 1,518.9 million in 2023, is expected to achieve …
Thin Insulation Market to Grow as Demand for Energy-Efficient, Space-Saving Insulation Solutions Surges Across Industries | FMI Reports
The thin insulation market is projected to grow at a compound annual growth rate (CAGR) of 5.5% from 2023 to 2033, reaching a market value of USD 2.3 billion by 2023. By the end of 2033, the market is expected to reach USD 4 billion. The global Thin Insulation Market is poised for steady growth …
Recycled Plastic Packaging Market Set to Double by 2034, Reaching USD 61.2 Billion
The global recycled plastic packaging market is experiencing rapid growth, projected to increase from an estimated USD 28.9 billion in 2024 to surpass USD 61.2 billion by 2034. This expansion, characterized by a robust compound annual growth rate (CAGR) of 7.8%, underscores the escalating global efforts toward sustainability and advancements in recycling technologies. Core Concepts in …
Global Protective Wrapping Paper Market to Reach USD 7.08 Billion by 2034, Driven by Demand for Premium, Sustainable Packaging Solutions
Protective Wrapping Paper Market The global protective wrapping paper market is poised for impressive growth, registering a CAGR of 5.9% from 2024 to 2034. The market, valued at USD 4,343.7 million in 2024, is projected to reach a remarkable USD 7,077.7 million by the end of the forecast period. The surge in demand is driven by …