According to a recent report by Future Market Insights, the global oven bags market is valued at USD 795.9 million in 2024 and is expected to grow at a modest compound annual growth rate (CAGR) of 3.2% over the next decade. The market is projected to reach USD 1.09 billion by 2034, driven by evolving …
Category Archives: food & beverages
Innovation and Sustainability Drive Growth in the On-the-Go Pots Market: Key Trends and Future Projections
The global on-the-go pots market, valued at USD 117.3 million in 2022, is forecasted to grow at a compound annual growth rate (CAGR) of 4.1% during the forecast period, reaching a projected USD 175.3 million by 2032. This growth is largely driven by the increasing demand for recyclable, convenient, and innovative packaging solutions, particularly within …
Global Medical Device Packaging Market to be Worth USD 65.26 Billion by 2033: Future Market Insights, Inc.
The global medical device packaging market is expected to be worth USD 38.57 billion in 2023, rising to USD 65.26 billion by 2033. The adoption of medical device packaging is expected to surge at a stable CAGR of 6.1% over the forecast period. The medical device packaging market is experiencing significant growth driven by several key factors. …
Consumer Electronics Packaging Market Poised for Steady Growth with 4.5% CAGR Through 2034 | Future Market Insights, Inc.
The global consumer electronics packaging market size is estimated to be around USD 19.6 billion in 2024. It is projected to exhibit a CAGR growth of 4.5% over the forecast period, with an estimated valuation of USD 30.4 billion in 2034. With the continuous introduction of new electronic devices and gadgets, there is a constant demand for innovative packaging solutions to protect these products …
Marking and Coding Equipment Market is Expected to Progress at a CAGR of 2.3% from 2024 to 2034 | FMI
The marking and coding equipment market is expected to be valued at USD 1,147.9 million in 2024. The progress of the market is projected to be consistent over the period from 2024 to 2034, with a CAGR of 2.3%. By 2034, the market value is forecasted to hit USD 1,455.1 million. Marking and coding equipment demand is being propelled by the simultaneous rise …
Bubble Wrap Packaging Market is Poised to Grow at a Healthy CAGR of 3.1% from 2024 to 2034 | FMI
In 2024, the bubble wrap packaging industry is expected to be valued at an impressive US$ 3.1 billion . The bubble wrapping sector is predicted to grow rapidly and reach US$ 4.2 billion by 2034, exhibiting a CAGR of 3.1% through 2034. E-commerce and conventional hypermarkets are becoming increasingly prevalent, and the retail industry is changing dramatically. …
Active, Smart, and Intelligent Packaging Market is Growing at a Strong CAGR of 8.3% from 2024 to 2034 | FMI
The global active, smart, and intelligent packaging market is poised for remarkable expansion, with an estimated valuation of USD 26.6 billion in 2024 and projected to reach USD 59.1 billion by 2034. This growth represents a compound annual growth rate (CAGR) of 8.3% over the forecast period from 2024 to 2034. Core Concepts in the Active, Smart, …
Medical Devices Secondary Packaging Market is Expected to Reach a High Valuation of USD 20,914 Million by 2033 | FMI
The global medical device secondary packaging market is expected to be worth USD 12,409.8 million in 2023, rising to USD 20,914 million by 2033. The adoption of medical device secondary packaging is expected to surge at a stable CAGR of 6.1% over the forecast period. The medical device secondary packaging market is experiencing significant growth driven …
Pharmaceutical Secondary Packaging Market Set to Reach USD 72,010 Million by 2033, Driven by Rising Demand for Safety and Compliance
The global pharmaceutical secondary packaging market is poised for substantial growth, with its valuation projected to rise from USD 41.95 billion in 2023 to USD 72.01 billion by 2033. This impressive expansion is underpinned by a robust compound annual growth rate (CAGR) of 6.2% over the forecast period, reflecting the increasing demand for innovative packaging …
Europe’s Temperature Controlled Packaging Solution Market to Reach USD 6.9 Billion by 2033 at a 7.3% CAGR | FMI
According to Future Market Insights’ latest report, Europe temperature controlled packaging solutions market is forecast to be valued at USD 3.9 billion in 2023. Total sales of temperature-controlled packaging solutions across Europe are slated to increase at 7.3% CAGR between 2023 and 2032, taking the market valuation to USD 6.9 billion by 2033. Increasing export of temperature-sensitive products such as food & beverages …