The global market for foldable steel containers is poised for substantial growth, with forecasts indicating a Compound Annual Growth Rate (CAGR) of 4.5% from 2023 to 2033. The market value is projected to increase from US$ 95.3 million in 2023 to US$ 148.0 million by 2033, reflecting a promising outlook for the industry. Foldable steel …
Category Archives: Packaging Facts
Global Rigid Box Market Poised for Growth, Valuation to Reach US$96.3 Billion by 2034 | FMI
The global rigid box market is poised for steady growth, with a projected valuation of US$96.3 billion by 2034. This translates to a CAGR of 1.8% from 2024, reflecting the increasing importance of premium packaging solutions. Request a Sample Report Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-9153 Key Drivers of the Rigid Box Market: Premiumization: Brands are increasingly leveraging rigid boxes to elevate …
Self-Fusing Silicone Tapes Market is Projected to Reach USD 1,106 Million by 2032 | FMI
The market for self-fusing silicone tapes is anticipated to reach USD 1,106 million by 2032 at a CAGR of 4.2% from USD 736 million in 2022 according to Future Market Insights. The electrical industry is undergoing significant development and is expected to witness positive growth over the forecast period. The developed and developing countries across the globe are spending a significant percentage of …
Aluminum Cans Market is Projected to Reach US$ 92.31 Billion by 2033 | FMI
According to Future Market Insight, the global aluminum cans market is projected to reach a value of US$ 92.31 billion by 2033, registering a CAGR of 4.7%. This is a significant surge from its estimated value of US$ 58.31 billion in 2023. Aluminum Cans Market Demand Analysis The rise of closed-loop recycling practices has opened a new opportunity for the rapid …
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Advancements in Coating Technologies Offer Opportunities in Barrier Coated Papers Market
The overall valuation of the global barrier-coated papers market was recorded at US$ 4,640.1 million in 2022. The global market is anticipated to rise at a CAGR of 4.6% during the years from 2023 to 2023. The global market is also expected to reach US$ 7,571.9 million by the year 2033. Manufacturers of the barrier coated papers market are taking relentless efforts to …
Rising Need to Eliminate Plastic Usage Drives Growth of Bagasse Tableware Products Market | Says FMI
According to Future Market Insights, the global bagasse tableware products market is projected to reach US$ 3.0 Billion in 2023. Furthermore, overall bagasse tableware product sales are likely to increase at 6.4% CAGR during the forecast period, reaching US$ 5.2 Billion by 2032. Innovative tableware solutions made from sugarcane residue are known as bagasse tableware products. These tableware solutions are eco-friendly, lightweight, strong, …
Integration of IoT Sensors Drives Transformation in IBC Rental Business Market, Expected to Reach at a US$ 2.2 Billion by 2033
The global IBC rental business market is anticipated to reach a valuation of US$ 1.27 billion in 2023, driven by increasing emphasis on sustainability & reusable packaging. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 5.7% between 2023 and 2033, and reaching a total valuation of approximately US$ 2.2 billion by 2033. One of …
Disposable Lids Market is Predicted to Grow at a CAGR of 4.5% During the Forecast Period 2033 | FMI
The disposable lids market is expected to reach a valuation of US$ 5 billion by 2033, according to a new analysis published by Future Market Insights (FMI). The market is predicted to grow at a CAGR of 4.5% during the forecast period. It is anticipated that the market would grow to US$ 3.2 billion in 2023. This estimation underscores a notable expansion in …
Self-Adhesive Tear Tape Market Thrives on Growing Need for Secure and Reliable Packaging Solutions
The self-adhesive tear tapes market is peojected a valuation of US$ 221.65 million in 2023 and is estimated to reach US$ 350.86 million by 2033. The market is securing a CAGR of 4.7% during the forecast period. The self-adhesive tear tape market is witnessing substantial growth driven by the expanding packaging sector. With a focus on providing secure, reliable, flexible, and easy-to-open packaging …
Shift Towards Eco-Friendly Solutions Spurs Growth of Compostable Foodservice Packaging Industry
The global market for compostable foodservice packaging is forecast to reach US$ 18.9 billion in 2023 and accelerate at a moderate CAGR of 4.5% during the assessment period (2023 to 2033). Overall compostable foodservice packaging sales are predicted to total a valuation of US$ 29.3 billion by 2033. Compostable foodservice packaging refers to environmentally friendly packaging made from various plant-based materials such as wood …