The global sachet packaging market is expected to attain an impressive valuation of USD 9,814.3 million in 2023 and is projected to reach USD 17,381.9 million by 2033, expanding at a CAGR of 5.9% from 2023 to 2033. This growth is driven by several factors, including increasing demand for convenient and cost-effective packaging solutions across various industries …
Category Archives: food & beverages
Blow Fill Seal Technology Market is Expected to See a Growth of 6.8% CAGR by 2033 | Future Market Insights, Inc.
The projected trajectory of the global blow fill seal technology market foresees an estimated value of USD 3,246.7 million in 2023, poised to surge to an impressive USD 6,206.5 million by 2033. This upward trend signifies a robust sales revenue expansion, anticipating a notable CAGR of 6.8% throughout the forecast period. The burgeoning pharmaceutical industry, coupled with manufacturers increasingly embracing advanced sterilization technologies …
Bulk Container Packaging Market is Supposed to Rise at a CAGR of 6.2% from 2024 to 2034 | FMI
The bulk container packaging market is slated to have a valuation of USD 20.2 billion in 2024. The progress of the market is anticipated to record a significant growth of 6.2% from 2024 to 2034. By 2034, the valuation of the bulk container packaging industry is forecast to be USD 37.2 billion. The reinvigoration of the chemical, pharmaceutical, and other industries post-pandemic …
According to FMI Gummed Tape Market Size, Forecast, Analysis and Share Surpass USD 1,903.8 Million | 2034, At 3.7% CAGR
The global gummed tape market is set for robust growth, with its market size estimated to be worth USD 1,321 million in 2024 and projected to reach USD 1,903.8 million by 2034. According to the latest forecast, sales are expected to increase at a CAGR of 3.7% between 2024 and 2034. In 2023, the market generated USD …
Global Braille Cartons Packaging Market Poised for Growth: Key Trends and Insights
The global braille cartons packaging market is projected to grow significantly, rising from a valuation of USD 352.48 billion in 2022 to an estimated USD 631.24 billion by 2032, at a robust CAGR of 6% during the forecast period. Governments worldwide are implementing regulations mandating braille labeling on medicine packaging to improve accessibility for visually …
Global Trifold Packaging Market to Reach New Heights by 2032: Trends and Insights
The global trifold packaging market is expected to witness remarkable growth, expanding from USD 9.3 billion in 2022 to an estimated USD 16.65 billion by 2032, at a CAGR of 6% during the forecast period, according to a report by Future Market Insights (FMI). Trifold packaging, a unique and innovative clamshell design, is rapidly gaining …
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Twist Tube Market Set to Revolutionize Packaging: Trends and Growth Projections Through 2034
According to a new study by Future Market Insights, the global twist tube market is set to grow significantly, reaching a valuation of USD 237.0 million in 2023 and further expanding at a CAGR of 5.1% to achieve USD 389.8 million by 2033. The market’s upward trajectory is attributed to increasing adoption across industries seeking …
Tray Former Machines Market Poised for Robust Growth: Key Trends and Insights Unveiled
The global demand for tray former machines is on the rise, driven by increasing applications in the thermoform and flexible packaging industries. Tray former machines, a critical component of the packaging value chain, are evolving rapidly as manufacturers focus on integrating automation to boost productivity and reduce operational costs. Innovative features such as high-speed operation, …
Child Resistant Locking Pouches Market is Supposed to Rise at a CAGR of 11.5% by 2033 | Future Market Insights, Inc.
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 …
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 …