Packaged Food Market Projected to Surpass USD 62 Trillion by 2033, Driven by Transparency and Innovative Packaging Solutions

Packaged Food Market The global packaged food market size is projected to reach a valuation of US$ 62.11 trillion by 2033, with an anticipated compound annual growth rate (CAGR) of 4.3% through the same period, starting from its 2023 valuation of US$ 40.79 trillion. Transparency in manufacturing processes and prioritization of labeling are becoming essential for packaged …

Global Jumbo Bags Market Booming: Set to Reach US$ 9.9 Billion by 2033 at CAGR 4.2%

Jumbo Bags Market The global jumbo bags market is poised for substantial growth, with projections indicating a valuation of US$ 6.1 billion in 2023. Forecasted to expand at a Compound Annual Growth Rate (CAGR) of 4.2% from 2023 to 2033, jumbo bags sales are predicted to exceed US$ 9.9 billion by 2033. Market Drivers: The expanding building …

Global HDPE Bottle Market Booming: Set to Reach US$74.7 Billion by 2033 | FMI

The global High-Density Polyethylene (HDPE) bottle market is on track for steady growth, with a projected valuation of US$74.7 billion by 2033. This expansion, fueled by a CAGR of 3.5%, reflects a growing focus on sustainability and the increasing adoption of e-commerce. Sustainability Takes Center Stage Consumers and brands alike are prioritizing eco-friendly solutions. This trend is …

Global Compostable Plastic Packaging Material Market to Reach US$ 3.1 Billion by 2033

Compostable Plastic Packaging Material Market The global compostable plastic packaging material market is on track to achieve remarkable growth, with a projected value of US$ 1.89 billion in 2023, expected to surge to US$ 3.1 billion by 2033. This growth trajectory represents a robust Compound Annual Growth Rate (CAGR) of 5.2% between 2023 and 2033, driven by …

VCI Films Market to Reach USD 346.7 Million by 2034, Driven by Diverse Applications Across Industries

The global VCI film market is advancing at a sluggish CAGR of 2.8% from 2024 to 2034. In 2024, the valuation is standing around USD 263.1 million and is projected to expand to USD 346.7 million by 2034. Rising application of VCI films across diverse industries including automotive, electronics, and healthcare is a key factor driving growth …

Mailer Boxes Market Surges as Demand for Sustainable Packaging Solutions Drives Growth to US$ 7.57 Billion by 2033

The global mailer boxes market is anticipated to capture a valuation of US$ 3.85 billion in 2023 and reach US$ 7.57 billion by 2033. The global market is estimated to register a CAGR of 7.0% during the forecast period. The fact that mailer boxes can be recycled after use and are generally constructed from recyclable materials makes them environmentally friendly. Therefore, personalized mailer …

Bottle Carriers Market Propelled by Rising Alcohol Consumption and Millennial Demand to Reach US$ 895 Million by 2032

As per Future Market Insights (FMI), the global bottle carriers market size is anticipated to reach a valuation of US$ 895 Million by 2032. It stood at around US$ 546 Million in 2021 and is projected to exhibit growth at a CAGR of 4.7% from 2022 to 2032. Rapid growth in alcoholic beverage consumption in various parts of the world with rising disposable income in developing …

Food Clamshells Market Soars as Demand for Secure Packaging Solutions Drives Growth to US$ 2.46 Billion by 2033

In 2023, the global food clamshells market is expected to be worth US$ 1.57 billion. Food clamshell demand is expected to climb at a 4.6% CAGR between 2023 and 2033, hitting US$ 2.46 billion by 2033. Clamshells are in the same group as skin and blister packs regarding packaging materials. These simple-to-seal containers are ubiquitous and have become …

Blow-Molded Bottles Market Set for Robust Expansion with a 4.8% CAGR, Anticipated to Hit US$ 151.2 Billion by 2033

The global demand for blow-molded bottles had strong growth, as evidenced by a noteworthy CAGR of 4.2% from 2018 to 2022. Furthermore, FMI surveyed that this growth trend raised the market’s worth to over US$ 90.3 billion by the end of the survey period in 2022. By the end of this year, 2023, it is anticipated that …

Global Flexible Plastic Packaging Market Expected to Reach US$ 171.6 Billion by 2033, Fueled by Post-Pandemic Demand and Sustainability Initiatives

The global flexible plastic packaging market continues to witness significant growth, with projections estimating a value of US$ 108.3 billion in 2023, surging to US$ 171.6 billion by 2033. The market is expected to grow at a robust Compound Annual Growth Rate (CAGR) of 4.7% during the forecast period, driven by various factors including the …