New Product Development
According to a new report by Future Market Insights (FMI), the global tray sealer machines industry is poised for significant growth, with sales expected to nearly double between 2022 and 2032. The market, valued at approximately USD 2.9 billion in 2022, is projected to reach USD 5.2 billion by 2032, growing at a CAGR of …
Continue reading “Tray Sealer Machines Market Set to Nearly Double by 2032, Predicts FMI Report”
A recent report from Future Market Insights (FMI) highlights the growing popularity of pasted valve bags in the packaging industry due to their cost-efficiency and suitability for granular products like grains, cement, pet food, fertilizers, and pharmaceutical products. These innovative bags, which are closed at both ends with an opening for easy filling, are quickly …
The electrophotography printing technology, a frontrunner in digital printing for packaging, is revolutionizing the packaging industry by enhancing efficiency, accelerating time-to-market, and enabling innovative marketing strategies. According to Future Market Insights, the industry is projected to grow at a robust Compound Annual Growth Rate (CAGR) of 8% from 2022 to 2032. With an estimated valuation …
The global corrugated box market net valuation is estimated to be around USD 140.4 billion in 2023. As per the market analysis report by FMI, it is anticipated to register a CAGR of 4.3% from 2023 to 2033 and reach an overall valuation of USD 213.9 billion by the end of the forecast period. Having faced the …
The Deblistering Machines Market is projected to experience steady growth in 2023, with its valuation surpassing USD 165.0 million. The market is forecasted to expand at a CAGR of 5.0% between 2023 and 2033, ultimately reaching a value of USD 270.0 million by the end of 2033. This growth can be attributed to the evolving dynamics of …
The aluminium foil containers market is anticipated to reach USD 3.8 billion in 2023 and post a CAGR of 5.5%. Over the forecast period, the valuation is expected to reach USD 6.5 billion. The aluminum foil containers market assists the food and beverage industry by providing packaging solutions useful for storing perishable foods without the need for …
The global thermoformed containers market is poised for significant growth, as per the latest research conducted by Future Market Insights (FMI). The market is projected to record a compound annual growth rate (CAGR) of 4.6% during the forecast period from 2023 to 2033. In 2023, the market size is expected to reach USD 19.9 billion, and by …
The global Transport Cases & Boxes market is expected to experience significant growth, with a projected market value of USD 1.7 billion in 2023, rising to USD 2.4 billion by 2033. This growth reflects a compound annual growth rate (CAGR) of 3.5% during the forecast period. The increasing demand for secure transportation and packaging solutions across diverse …
The global high barrier packaging films for pharmaceuticals market is set for significant growth, with its market size projected to surpass USD 812.5 million by 2033. The market, currently valued at USD 484.8 million in 2023, is expected to register a CAGR of 5.3% throughout the forecast period, as pharmaceutical companies increasingly invest in advanced packaging solutions. …
In 2019, the worldwide temperature controlled pharmaceutical container market was assessed to be around USD 3.5 billion. From 2019 to 2023, the global demand for temperature controlled containers in the pharmaceutical sector increased at a rate of 5.5% per year. In 2023, the entire market generated around USD 4.6 billion and is flexing to make it USD 4.8 billion in 2024. In the upcoming …
