The market for kraft envelopes is anticipated to be worth US$ 884.3 million in 2022 and US$ 995.4 million by 2032. During the projection period of 2022-2032, the market is anticipated to grow at a CAGR of 1.2%. The global courier, express, and package industries are growing more rapidly each year as a result of globalisation. This …
Category Archives: Packaging Facts
Farming Sacks & Totes Market is Likely to Reach US$ 17.56 Billion by 2032 | FMI
The farming sacks & totes market is likely to record a promising CAGR of 3.4% during the forecast period. The market is currently valued at US$ 13 Billion and is likely to reach US$ 17.56 Billion by 2032. In the realm of agriculture, efficiency and productivity are paramount. Every aspect of the farming process, from planting …
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Interlocking Boxes Market is Expected to Grow at a CAGR of 5.3% to be Valued at US$ 76,212.0 Million by 2032
Global interlocking boxes market demand is anticipated to be valued at US$ 45,312.0 Million in 2022, forecast to grow at a CAGR of 5.3% to be valued at US$ 76,212.0 Million from 2022 to 2032. Growth is attributed to the growth in the cosmetic and personal care market. In today’s dynamic business landscape, packaging plays a …
Rapid Growth Projected: Vial Box Market to Surge at 6.1% CAGR, Crossing US$ 12.85 Billion by 2032
The vial box market is expected to expand its roots at an average CAGR of 6.1% during the forecast period (2022 to 2032). The global market holds an estimated revenue of US$ 7.54 Billion in 2022 and is likely to cross US$ 12.85 Billion by the end of 2032. The global vial box packaging market is geographically …
Global Flex Pack Coatings Market to Reach US$ 5,684.5 Million by 2032 with 4.7% CAGR | FMI Study
The global flex pack coatings market is expected to be valued at US$ 3,591.1 Million in 2022. During the forecast period ranging from 2022 to 2032, a CAGR worth 4.7% is expected for the market, with an expected market valuation of 5,684.5 Million. The flex pack coatings market has been witnessing remarkable growth in recent years, driven by …
Construction, Industrial, and Agriculture Sectors Drive Growth in Pipe Insulation Products Market to Reach US$ 2,342.3 Million by 2032
The global pipe insulation products market is projected to reach US$ 1,479.7 million in 2022. Based on the report, sales of Pipe Insulation Products will soar at a CAGR of 4.70% to reach an evaluation of US$ 2,342.3 million by 2032. The global pipes industry is majorly driven by the construction, industrial, and agriculture sectors. In the …
Growth of the Sustainable Plastic Packaging Market: Consumer Demand for Recyclable Packaging Solutions
The sustainable plastic packaging market is expected to be valued at US$ 106.4 billion in 2024. The market is projected to progress at a respectable rate over the forecast period, with a CAGR of 5.9%. By 2034, the value of the market is forecasted to reach US$ 189.0 billion. Sustainability measures are significantly impacting the …
Sealing and Strapping Packaging Tape Market Set to Reach US$ 37.6 Billion by 2034: A Comprehensive Analysis and Forecast
The sealing and strapping packaging tape market is expected to be valued at US$ 23.2 billion in 2024. The market is projected to progress at a CAGR of 4.9% from 2024 to 2034. By 2034, the market value is forecasted to hit US$ 37.6 billion. The burgeoning packaging sector is on the lookout for cost-friendly packaging solutions. Sealing and strapping packaging tape …
Foam Market Expansion Forecasted: From US$ 109.6 Billion in 2024 to US$ 179 Billion by 2034, Fueled by Automotive and eCommerce Demand
The foam market is poised for significant growth, with its size expected to increase from US$ 109.6 billion in 2024 to US$ 179 billion by 2034. Over the next decade, a moderate 5.0% CAGR in the demand for foams is projected to drive the expansion, which had seen a CAGR of 6.0% between 2019 and 2023. Increased demand from the automotive industry is a significant driver. …
Corrugated Bulk Bin Market: Projected to Surpass US$ 23.6 Billion by 2034 with a Focus on Sustainable Packaging Solutions
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 for bulk packaging. The market is witnessing significant …