The global straw market is poised for significant growth, reaching an estimated US$32.2 billion by 2033, according to a new industry report. This translates to a projected CAGR of 5.3% over the forecast period. Key Drivers of Straw Market Growth: Smart Packaging Solutions: The rise of smart packaging that utilizes disposable, biodegradable straws is a major …
Category Archives: Packaging Facts
PE Films Market is Expected to Increase Due to the E-commerce and Food & Beverage Expansion | Says FMI
As per Future Market Insights (FMI), the global PE films market is projected to reach a valuation of US$ 79.2 Billion by 2032, with sales growing at a CAGR of 4.3% over the forecast period. PE films are cheap, flexible and versatile that gives them a competitive edge in the packaging industry. Packaging films are manufactured by …
Jars Market is Estimated to Expand at a US$ 64.3 Billion by 2033
The global jars market is forecasted to expand at 3.9% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 43.8 billion in 2023. The emergence of direct-to-consumer and e-commerce sales channels has transformed the engagement style of businesses with their customers. Owing to surging demand …
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Booming Food & E-commerce Drive US$ 552 Million German Adhesive Films Market by 2033 | FMI
The German market for adhesive films is poised for substantial growth, with an anticipated potential value of US$ 552.4 million during the projected time frame. This expansion is directly related to Germany’s thriving food and beverage sector, which is the country’s fourth-largest industry according to Germany Trade and Invest (GTAI). This tendency is further supported by …
Aging Population & Regulations Drive US$ 14.89 Billion Healthcare Label Market | FMI
The global healthcare and laboratory labels market is expected to expand at an impressive rate; its worth is expected to reach US$ 14.89 billion by 2033 from US$ 9.59 billion in 2023. The market is anticipated to expand at a consistent compound annual growth rate (CAGR) of 4.5% from 2023 to 2033, propelled by the introduction …
Vending Cup Market Heats Up for Convenient, Hygienic Beverages: Poised to Reach US$3.1 Billion by 2033
The global vending cup market is brewing with steady growth, expected to reach US$3.1 billion by 2033. This expansion, fueled by a CAGR of 3.2%, highlights the increasing demand for convenient and hygienic beverage solutions. Beyond the Standard Cup Vending cups are meticulously designed to function flawlessly within vending machines, ensuring a smooth and jam-free …
Paper Cup Market Heats Up: Projected to Reach US$14 Billion by 2033, Driven by Sustainability and Convenience
The global paper cup market is brewing with opportunity, expected to reach a value of US$14 billion by 2033. This steady growth, fueled by a CAGR of 4.4%, reflects a rising preference for eco-friendly and convenient packaging solutions. Biodegradable Boom Consumers and manufacturers alike are prioritizing sustainability. This trend is propelling the paper cup market, …
Direct-to-Shape Inkjet Printer Market Set for Steady Growth, Reaching US$ 4 Billion by 2034
The global direct-to-shape (DTS) inkjet printers market is poised for steady growth, with a projected valuation of US$4 billion by 2034. This expansion, fueled by a CAGR of 2.3%, highlights the increasing demand for personalized packaging and eco-friendly printing solutions. Printing on Demand: A Boon for Customization Consumers today crave unique experiences, and DTS inkjet …
Pharmaceutical Plastic Bottle Market Booming at 10.5% CAGR, Reaching US$97.1 Billion by 2033
The global pharmaceutical plastic bottle market is poised for significant growth, with a projected net worth exceeding US$97.1 billion by 2033. This surge, driven by a CAGR of 10.5%, reflects the increasing demand for safe and convenient packaging solutions in the pharmaceutical industry. Cost-Effective and Functional Packaging Pharmaceutical plastic bottles offer a compelling combination of …
HDPE Bottle Market Poised for Growth with Sustainability Push and E-commerce Boom, Expected to Reach US$74.7 Billion by 2033
The global High-Density Polyethylene (HDPE) bottle market is on track for steady growth, with a projected valuation of US$74.7 billion by 2033. This expansion, fueled by a CAGR of 3.5%, reflects a growing focus on sustainability and the increasing adoption of e-commerce. Sustainability Takes Center Stage Consumers and brands alike are prioritizing eco-friendly solutions. This …