The global market for child resistant locking pouches has witnessed steady growth, with a net worth estimated at USD 1,231.4 million in 2022. In 2023, the market value is anticipated to rise to USD 1,307.75 million, driven by increasing awareness of child safety and the critical role of packaging in preventing accidental child poisonings. According to recent …
Category Archives: food & beverages
Strapping and Banding Equipment Market to be Worth USD 3,964.4 Million by 2033: Future Market Insights, Inc.
The global strapping and banding equipment market has demonstrated consistent growth, with a notable compound annual growth rate (CAGR) of 3.5% during the historical period. In 2022, the market was valued at approximately USD 2,376 million. Looking ahead, the market is expected to continue its upward trajectory, with a forecasted CAGR of 4.8%, reaching an impressive valuation …
Bulk Liquid Transport Packaging Market is Growing at a Strong CAGR of 3.5% by 2033 | FMI
The global bulk liquid transport packaging market is set to witness steady growth, with a projected compound annual growth rate (CAGR) of 3.5% during the forecast period from 2023 to 2033. According to market insights, the market is anticipated to expand from USD 1,388.35 million in 2023 to USD 1,959.77 million by 2033. Key Drivers of Market …
Waterproof Packaging Market is Expected to Reach a Valuation of USD 969.43 Billion by 2033 | FMI
The global waterproof packaging market is poised for steady growth, with an anticipated compound annual growth rate (CAGR) of 3.4% between 2023 and 2033. By 2033, the market is expected to reach a valuation of USD 969.43 billion, up from USD 693.92 billion in 2023, according to industry projections. The surging demand for moisture-resistant solutions across industries, …
Zero-waste Packaging Market is Expected to Generate USD 2,490.6 Million by 2033: Future Market Insights, Inc.
The zero-waste packaging market is forecast to reach USD 1,071.6 million in 2023. It is expected to register a phenomenal CAGR of 8.8% from 2023 to 2033. The report further expects this value to reach new heights by 2033, totalling USD 2,490.6 million. The increasing demand for environmentally friendly and sustainable packaging options is one of the …
Beverage Packaging Market 2024: Key Trends, Challenges, and Opportunities Shaping the Future
The global beverage packaging market is set to experience steady growth over the next decade, with an estimated valuation of USD 142.3 billion in 2024, and projections indicating a rise to USD 194.3 billion by 2034. This expansion is driven by a projected compound annual growth rate (CAGR) of 3.2%, following revenue generation of USD 138.6 billion …
Global Parenteral Packaging Market Set to Reach USD 20.1 Billion by 2034, Driven by Rising Demand for Injectable Drugs and Biopharmaceuticals
The global parenteral packaging market is expected to attain a valuation of USD 12,791.2 million in 2024, with a year-over-year (y-o-y) growth of 4.5%. The market is projected to continue expanding at a CAGR of 4.6% throughout the forecast period, reaching an estimated value of USD 20,115.6 million by 2034. The key drivers of this …
Rising E-Commerce and Consumer Preferences Shape the Future of North America Fresh Meat Packaging Market
The North American fresh meat packaging market is projected to attain a valuation of USD 724.4 million in 2023 and is expected to grow at a CAGR of 4% to reach USD 1,070.9 million by 2033, according to the latest report by Future Market Insights (FMI). The growth of the market is attributed to the …
Temperature Controlled Pharmaceutical Packaging Solutions Market Set for Robust Growth with Rising Demand for Cold Chain Logistics
The temperature controlled pharmaceutical packaging solutions market is projected to experience steady growth, reaching an estimated USD 7.7 billion by 2034, up from USD 4.6 billion in 2023. This growth represents a CAGR of 4.8% from 2024 to 2034, driven by the increasing demand for safe and reliable transportation of temperature-sensitive pharmaceutical products. Request for …
Key Trends and Emerging Technologies Shaping the Next Generation Packaging Market in 2023 to 2033
The global next generation packaging market is poised for significant growth, with a projected market valuation of USD 12,847.9 million in 2023. The market is set to expand at a CAGR of 6.43% from 2023 to 2033, reaching USD 23,952.9 million by 2033. This growth is driven by key trends in sustainability, smart packaging, and …