The liquid filling machine market is on a promising trajectory, with projections indicating a steady growth rate of 2.70% CAGR, leading to an anticipated market valuation of USD 1.2 billion by 2034. As of 2024, the market is valued at USD 987.7 million, underscoring its significant expansion potential over the next decade. Driving Factors Behind …
Category Archives: Packaging Facts
Water Soluble Bag Market Projected to Reach USD 1.31 Billion by 2034 with 2.70% CAGR
Water Soluble Bag Market The global water soluble bag market is witnessing significant growth, with a projected valuation of US$ 1,006.8 million in 2024. As sustainability becomes a focal point for consumers and businesses alike, the market is expected to reach a valuation of US$ 1,314.2 million by 2034, showcasing a compound annual growth rate (CAGR) of …
Recycled Paper Demand Boosts Old Corrugated Container Market: Sales Expected to Surge 1.6x by 2033
The global old corrugated containers (OCC) market size is estimated to be valued at US$ 41.4 billion in 2023. Old corrugated container sales are anticipated to reach US$ 65.7 billion by 2033. The market will likely expand at a CAGR of 4.7% during the forecast period 2023 to 2033. Corrugated packaging producers are set to use recycled …
Global Metal Packaging Market to Surpass USD 239.4 Billion by 2033, Driven by Technological Innovations and Sustainability Trends
Metal Packaging Market According to recent insights from packaging analysts, the global metal packaging market is on a trajectory of substantial growth, with projections indicating a valuation surpassing USD 239.4 billion by 2033. With a current valuation of USD 124.9 billion in 2023, the market is expected to exhibit a robust compound annual growth rate …
Global Biodegradable Film Market Projected to Reach USD 1,880.7 Million by 2034, Driven by Sustainability Initiatives
The biodegradable film market is slated to have a valuation of USD 1,258.4 million in 2024. The packaging industry is thriving as a result of the industrial boom, especially in Asian nations. However, the packaging industry also has to face up to the reality of a significant amount of products being used in packaging being harmful to the …
Global Tobacco Packaging Market to Reach USD 20.2 Billion by 2034 Amidst Regulatory Shifts and Product Innovation
The global tobacco packaging market is on track to achieve a significant milestone, with its value expected to reach USD 15.5 billion by 2024 and further expand at a CAGR of 2.7%, reaching USD 20.2 billion by 2034. This growth is fueled by continuous product innovation, evolving consumer preferences, and the increasing adoption of tobacco …
Global Flow Wrap Market Poised to Reach USD 7.1 Billion by 2034 Despite Modest Growth Rate
The global Flow Wrap Market is projected to reach a valuation of USD 7.1 billion by 2034, growing at a CAGR of 3.70% over the next decade. Despite the modest growth rate, this market is anticipated to witness significant value expansion from its current valuation of USD 4.9 billion in 2024, presenting substantial opportunities for …
Global Bottles Market Set for Robust Growth, Projected to Reach USD 188.7 Billion by 2033
The global bottle market is on a trajectory of significant growth, with an anticipated market valuation of USD 113.6 billion by the end of 2023. This momentum is expected to continue, with the market projected to expand at a robust compound annual growth rate (CAGR) of 5.2%, reaching approximately USD 188.7 billion by 2033. Changing …
Global Multiwall Bags Market Poised for Steady Growth, Expected to Reach USD 24.42 Billion by 2033 | FMI
The global multiwall bags market is on a trajectory of steady growth, with a projected average Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period. By 2023, the market is expected to reach a revenue of approximately US$ 15.57 billion, and it’s anticipated to surpass US$ 24.42 billion by 2033. According to an analysis by FMI, …
Global Rigid IBC Market Poised for Significant Growth, Set to Reach USD 33,974 Million by 2034 | FMI
The global rigid intermediate bulk container (IBC) market is forecast to experience robust growth over the next decade. According to recent market analysis, the global rigid IBC market is expected to exhibit a year-on-year (y-o-y) growth rate of 5.0% in 2024, reaching a valuation of USD 19,531 million. The market is projected to grow at …