As per Future Market Insights (FMI), the global jerry cans market is projected to witness a notable CAGR of 4.6% during the forecast period (2023 to 2033). A considerable growth in the jerry cans market is driven by increasing consumption of petroleum and lubricant products. As per the study, key players are focusing on new innovative packaging to increase …
Category Archives: Packaging Facts
Global PE Resins Market Projected to Reach US$ 143,622.2 Million by 2023, Growing at 3.3% CAGR
The global PE resins market is forecast to expand at 3.3% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 1,43,622.2 million in 2023. A surge in globalization has also increased the export and import activities, thus boosting PE resins consumption. Additionally, modifying consumer purchasing behavior and surging proclivity …
Global Medical Device Packaging Market to Achieve US$ 65.26 Billion by 2033, Driven by a 5.4% CAGR
The global medical device packaging market is anticipated to grow from US$ 38.57 billion in 2023 to US$ 65.26 billion by 2033, reflecting a compound annual growth rate (CAGR) of 5.4%. Rising investment in the healthcare sectors as well as increased healthcare expenditure is expected to further augment the market growth of medical device packaging during …
Global Seed Paper Bag Market Poised for Steady Growth, Reaching US$ 213.20 Million by 2034
The seed paper bag market is set to grow steadily, driven by increasing consumer demand for sustainable and eco-friendly packaging solutions. According to recent forecasts by industry analysts at Future Market Insights, the market is projected to achieve a compound annual growth rate (CAGR) of 2.70%, reaching a valuation of US$ 144.10 million by the …
Global Packaging Coating Market Set to Reach US$ 9.2 Billion by 2034, Anticipates Future Market Insights
Packaging Coating Market Future Market Insights has released a comprehensive report indicating that the global packaging coating market is set to achieve a valuation of US$ 5.4 billion by 2024, with forecasts projecting a substantial rise to US$ 9.2 billion by 2034. This anticipated growth trajectory reflects a notable Compound Annual Growth Rate (CAGR) of 5.4% during …
Bag-in-Tube Market to Reach US$ 8.7 Million by 2034, Driven by Increasing Demand for Innovative Wine Packaging Solutions
The bag-in-tube market is anticipated to be worth US$ 5.6 million in 2024. The market is projected to reach US$ 8.7 million by 2034. The market is further expected to advance at a CAGR of 4.5% during the forecast period 2024 to 2034.. A key driver of this growth is the rising demand for innovative and convenient packaging solutions, particularly in the wine industry. …
Global Layer Pads Market to Reach US$ 2,111.8 Million by 2033, Driven by Rising Demand for Efficient Packaging Solutions
As of 2023, the market size of the global layer pads is anticipated to be valued at US$ 1,309.8 million and is expected to reach US$ 2,111.8 million by 2033. This market is projected to grow at a CAGR of 5.6% from 2023 to 2033. The increasing demand for efficient and reliable packaging solutions across various industries, such as food and beverage, pharmaceuticals, …
Blister Packaging Market to Reach US$ 55.1 Billion by 2034, Driven by Rising Demand Across Pharmaceuticals and Consumer Goods Sectors
The global blister packaging market is set for substantial growth, with sales projected to reach US$ 29.3 billion in 2024, expanding from a market size of US$ 27.6 billion in 2023. The market is anticipated to exhibit a year-over-year growth of 6.1% in 2024. Over the forecast period, revenue is expected to grow at a …
Sustainability Trends Fuel Expansion of Sachet Packaging Market Leading to US$ 17,381.9 Million by 2033
The global sachet packaging market is expected to attain an impressive valuation of US$ 9,814.3 million in 2023 and is projected to reach US$ 17,381.9 million by 2033, expanding at a CAGR of 5.9% from 2023 to 2033. This growth is driven by several key factors, including the increasing demand for convenient, single-use packaging solutions across various industries such as food and …
Prebiotic Coffee Market Valuation Set to total US$ 229.5 million by 2034 Amid Escalating Awareness About Gut Health
As per Future Market Insights, the global prebiotic coffee market value is estimated to reach US$ 110.3 million in 2024 to US$ 229.5 million by 2034. Global prebiotic coffee demand is forecast to surge at a steady CAGR of 4.7% throughout the forecast period. Demand is anticipated to remain high for sugar-free prebiotic coffee owing …