The Starch based Packaging Market is on a trajectory of substantial growth, with a projected market size estimated at approximately US$ 7,214.5 million in the year 2023. This upward momentum is expected to continue through the forecast period, ultimately reaching an impressive valuation of approximately US$ 13,416.0 million by the year 2033. This remarkable growth is underpinned …
Category Archives: Industrial News
3D Printed Packaging Industry Size Projected to Reach US$ 2,560.0 million by 2033: FMI Study
The global 3D Printed Packaging Industry size is projected to increase from US$ 1,210.0 million in 2023 to US$ 2,560.0 million by 2033. The market is likely to capture a significant CAGR of 7.8% during the forecast period. 3D printing technology has been transforming the packaging industry, providing a wide range of material options, including metal, …
Hemp-based Packaging Industry Size Projected US$ 782 million by 2033: In Depth Market Analysis
Hemp-based packaging is gaining momentum as a sustainable alternative to traditional packaging materials. The Hemp-based Packaging Industry size is projected to grow from US$ 224 million in 2023 to US$ 782 million by 2033. The sales are expected to increase at a significant CAGR of 13.3% during the forecast period. One of the primary benefits of hemp-based …
Sugarcane Packaging Market Projected to Grow at 13.3% CAGR by 2033: In Depth Industry Analysis
Sugarcane packaging is a sustainable and eco-friendly alternative to traditional petroleum-based plastics. The Sugarcane Packaging Market is projected to reach US$ 255.0 Million by 2023 and US$ 889.0 Million by 2033, expanding at a CAGR of 13.3% during the forecast period. Sugarcane packaging is biodegradable, compostable, and recyclable, making it an environment-friendly option. Sugarcane fibers or sugarcane-derived …
USA and Canada Packer Bottle Market Size Projected US$ 1.82 Billion by 2033: FMI Study
The USA and Canada Packer Bottle Market valuation will reach around US$ 1.13 billion in 2023. Overall sales of packer bottles in the country are set to rise at 4.7% CAGR from 2023 to 2033. By the end of 2033, the USA market will cross US$ 1.82 billion market. Packer bottles have become suitable packaging solutions for storing and transporting sensitive products such …
Sustainable Packaging Market Size Soars to US$ 490.5 Billion by 2034: In Depth Industry Analysis
The sustainable packaging market is poised for remarkable growth, with a projected value of US$ 285.3 billion by 2024, driven by a robust compound annual growth rate (CAGR) of 5.8% throughout the forecast period. Looking ahead, the market is expected to maintain this strong growth trajectory, surpassing the US$ 490.5 Billion mark by 2033. This presents …
USA and Canada Molded Fiber Pulp Packaging Market Analysis: Industry Size to Reach US$ 3.0 Billion by 2033
The USA and Canada molded fiber pulp packaging market is likely to reach a valuation of US$ 3.0 billion in 2033 from US$ 1.9 billion in 2023. Sales of molded fiber pulp packaging are projected to surge by 5.2% CAGR in the assessment period from 2023 to 2033. Organizations such as the Sustainable Packaging Coalition, a prominent advocate for sustainable packaging in North …
Advanced Packaging Market Growth: Industry Value Projected to Reach US$ 61.3 Billion by 2033
The advanced packaging market is poised for substantial expansion, with a projected compound annual growth rate (CAGR) of 7.2% expected between 2023 and 2033. In 2023, the market is anticipated to reach a valuation of US$ 30.5 billion, and it is projected to surge to a remarkable US$ 61.3 billion by the year 2033. This robust growth …
Medical Bags Market Size: Industry Value Projected to US$ 8 billion by the year 2031
The medical bags market is poised for remarkable growth, with a projected growth rate exceeding 8% throughout the forecast period, expected to culminate in a market valuation of approximately US$ 8 billion by the year 2031. These specialized bags are meticulously designed to ensure the safety and well-being of patients and are employed in various …
Meal Tray Sealing Machines Market Analysis: Industry Size Reaching to US$ 21.6 billion by 2031
The meal tray sealing machines market is poised for substantial growth, with projections indicating that it will reach a market value of approximately US$ 21.6 billion by the year 2031. This growth is expected to be sustained at a commendable Compound Annual Growth Rate (CAGR) of over 5% during the assessment period spanning from 2021 …