Toy packaging must be safe, appealing, and simple to open, and it must include correct labelling and be child-resistant. Growth of the toys packaging market is projected to increase with increasing sales of toys. According to Future Market Insights (FMI), the toy packaging market is slated to grow at 4.9% CAGR between 2022 and 2032, surpassing US$ 9.8 Billion by 2022. …
Category Archives: Packaging Facts
Child-resistant Containers Market is Driven by Safety Regulations and Compliance | Says FMI
The global child-resistant containers market is anticipated to reach a valuation of US$ 21.8 billion in 2023, driven by safety regulations and compliance. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 6.5% between 2023 and 2033, and reaching a total valuation of approximately US$ 40.9 billion …
Sweet Scents & Sustainable Packaging: Perfume Pack Market to Bloom at US$ 3.6 Billion by 2032 | FMI
Anticipating a steady ascent, the global perfume pack market is set to witness growth at a Compound Annual Growth Rate (CAGR) of 4.7%, propelling its total market value from US$ 2.3 billion in 2022 to an impressive US$ 3.6 billion by the year 2032. The growing knowledge of perfume packs’ numerous benefits has led to an …
Bag Clips Market is Likely to Reach US$ 9.1 Billion by 2033, Rising at a CAGR of 6%: FMI Study
The global bag clips market is anticipated to reach a valuation of US$ 5.0 billion in 2023, driven by customization and branding opportunities. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 6.0% between 2023 and 2033, and reaching a total valuation of approximately US$ 9.1 billion …
Sustainable Sips: Eco-Friendly Tea Packaging Market to Brew US$ 10 Billion by 2032 | FMI
Eco-friendly tea packaging has become increasingly popular in recent years as consumers become more conscious of the environmental impact of their purchasing decisions. The tea industry has responded by offering more sustainable options for packaging their products. The global consumption of eco-friendly tea packaging stood at around US$ 6.2 Billion in 2021 and is slated to increase …
Tool Boxes Market Set to Boom at 8.3% CAGR: Invest in Asia’s Rise and Aluminum Innovation
The global tool boxes market was worth US$ 4.5 Billion in the year 2022 and is expected to reach US$ 6.8 Billion by the year 2032 at a CAGR of 8.3% between 2022 and 2032. The market for steel tool boxes is expected to thrive due to their capacity to offer enhanced security and a sturdy structure. …
B2B Luxury Packaging Market Booming to $17.9 Billion by 2033 Invest in Innovation and Customization | FMI
The luxury packaging market is not just about creating visually stunning packaging solutions for end consumers. It is also a business-to-business (B2B) concern, where manufacturers and suppliers of luxury packaging solutions cater to the needs and requirements of luxury goods brands. The global luxury packaging market looks poised to attain a valuation of US$ 10.4 billion in 2023. From …
Sustainable Packaging Boom: Water-Soluble Bags Market to Reach US$ 2.9 Billion by 2033 | FMI
The global water soluble bags market is expected to grow at a CAGR of 5.6%, reaching US$ 1.7 Billion in 2022. Against this backdrop, the market size will reach US$ 2.9 Billion by 2032. The water soluble bags market is anticipated to exhibit Y-o-Y growth of 5.3% in 2022 Water-soluble bags, also known as biodegradable bags, are a type of packaging material designed to dissolve …
Sustainable Innovation Drives Metal Packaging Market to US$ 239.4 Billion by 2033 Invest in Eco-Friendly Solutions
The global metal packaging market, anticipated to reach over US$ 239.4 billion by 2033, is witnessing transformative trends. Metal 3D printing emerges as a game-changer, enabling highly personalized and sophisticated designs, and fostering uniqueness and brand distinction. With a projected CAGR of 5.90% through 2033, this technology’s increasing accessibility allows firms to experiment and elevate their …
Biodegradable Films Market to Reach US$ 1.7 Billion by 2032 Invest in Sustainable Packaging Solutions | FMI
The market for biodegradable films is anticipated to expand at a CAGR of 5.6%. By 2032, the market value is anticipated to have grown from US$ 1,040.1 million in 2022 to US$ 1.7 billion. Globally, the biodegradable films market is expanding rapidly due to strict laws controlling the disposal of plastic waste and growing public awareness of …