New Product Development
Anticipated to exhibit substantial growth, the global plastic jar packaging market is forecasted to be worth US$ 27,051 million in 2023, with projections indicating a surge to US$ 35,309.19 million by 2033. The market is poised for a consistent rise, boasting an estimated 2.7% Compound Annual Growth Rate (CAGR). This growth trajectory is underpinned by the persistent …
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Projected to attain a valuation of US$ 4.56 billion by 2033, the paper edge protectors is anticipated to escalate from an estimated US$ 2.91 billion in 2023, indicating a Compound Annual Growth Rate (CAGR) of 4.5% over the period from 2023 to 2033. This growth trajectory underscores the increasing demand for paper edge protectors across various industries, …
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From 2023 to 2033, the aluminum extrusion market is projected to expand at a Compound Annual Growth Rate (CAGR) of 4.6%, climbing from US$ 126.67 billion in 2023 to US$ 195.48 billion by 2033. This growth trajectory reflects the widespread utilization of aluminum extrusions across various industries, including construction, automotive, aerospace, and electronics. As a lightweight, durable, …
Nylon Films Market The global nylon film market is on a trajectory of substantial growth, with an estimated value of USD 1,021.6 million in 2024 and projected to surpass USD 1,487.3 million by 2034, exhibiting a commendable CAGR of 3.8% over the forecast period. Biaxially Oriented Polyamide (BOPA) film, in particular, dominates the market with …
The global timber wrap films market is projected to grow significantly over the next decade, with an estimated value of US$ 464.8 million in 2023. According to the latest market analysis report by Future Market Insights (FMI), the market is set to expand at a compound annual growth rate (CAGR) of 4.3%, reaching approximately US$ …
The global market for customization and personalization in travel is experiencing rapid growth and is projected to reach a value of USD 620.71 million by 2032. According to analysts from FMI, the market was valued at USD 126.56 million in 2022. It is anticipated to expand significantly, with a compound annual growth rate (CAGR) of 17.8% during the forecast …
Sales of sachet packaging machines are currently valued at US$ 563.8 Million in 2022. The global sachet packaging machines market is projected to progress at a steady CAGR of 5.8% and attain a valuation of US$ 867.4 Million by the end of 2029. Manufacturers of multiple products are looking to provide their offerings in small quantities so …
The global growlers market is predicted to register a CAGR of 2.7% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 556.2 million in 2023 to US$ 726 million by 2033 end. The adoption of growlers is projected to increase over the forecast period. This is supported by the …
The market for silicone films is estimated to be around US$ 1.1 billion in 2024. It is projected to exhibit a CAGR of 5.00% over the forecast period, with an estimated market size of US$ 1.8 billion by 2034. The demand for silicone films is increasing across various industries such as electronics, automotive, and medical …
The corrugated bulk bin market is anticipated to reach a valuation of US$ 14.3 billion in 2024. The industry is projected to be worth US$ 23.6 billion by 2034, expanding at a CAGR of 5.1% between 2024 and 2034. The market is experiencing notable growth, propelled by its versatility in delivering cost-effective and sustainable solutions …