The global hand held capping machines market expected 3.9% CAGR due to the growing demand during the forecast period. It is anticipated to be appraised at US$ 426.5 Million by 2032, up from US$ 290.9 Million in 2022. The increasing demand for Hand held Capping machines is poised for substantial growth, primarily driven by the …
Category Archives: Packaging Facts
Aluminum Foil Lids Market is Expected to Reach Approximately US$ 2.8 Billion by 2033 | FMI
The global aluminum foil lids market is anticipated to capture a valuation of US$ 1.8 billion in 2023 and reach US$ 2.8 billion by 2033. The global market is expected to secure a CAGR of 4.8% during the forecast period. Which Sectors are Fueling the Global Market? The global market is influenced by various sectors including: Food …
Sustainable Styling: FMI Study Reveals How the Eco-Friendly Foam Pouch Industry is Making Waves?
The global foam pouch market is expected to reach a valuation of US$ 941.37 million by 2033, growing at a CAGR of 5.0% between 2023 and 2033. The increasing adoption of foam pouches across various commercial and industrial sectors propels market demand. These innovative packaging solutions from polyethylene, polyurethane, and polystyrene provide excellent surface protection, …
Smart Labels Demand to Boost Growth Opportunities in the Labels Industry. Labels Market to Hit US$ 67.36 Billion by 2033.
The global labels market is anticipated to soar at a CAGR of 4.9% from 2023 to 2033, achieving a valuation of US$ 41.75 billion in 2023. By the end of 2033, the labels industry is projected to hit US$ 67.36 billion. Colorful Labels Ignite Market Growth Through Strengthened Demand The increased customer response to marketing …
Tape Dispenser Market Sticks to Growth Trajectory, Innovation Unlocks New Opportunities: Surging to US$ 7,926.82 Million by 2033
The global tape dispenser market is on a roll, projected to reach a whopping US$7.9 billion by 2033, fueled by a CAGR of 4.4%. This surge is driven by a combination of sustainability, automation, and a growing appetite for convenience across various industries. Sustainability Takes Center Stage Eco-conscious consumers and manufacturers are pushing the demand …
Adhesive Films Market: Projected Surge to US$ 29.8 Billion by 2033 with 4.6% CAGR Growth
The global adhesive films market is on track for significant expansion, reaching an estimated valuation of US$29.8 billion by 2033. This growth, projected at a CAGR of 4.6%, is fueled by several key trends. Handheld Dispensers and Polypropylene Films Lead the Way Handheld applicators, known for their convenience and compact size, are a popular choice …
Foamed Plastics Market Forecast: Targeting US$ 84.2 Billion by 2030 with 5.8% CAGR Amidst E-commerce Surge
The global foamed plastics market is on the rise, projected to reach US$ 84.2 billion by 2030. This translates to a compelling CAGR of 5.8% from 2022. E-commerce Fuels Packaging Demand The surge in e-commerce and third-party logistics services is a key driver of market growth. As online shopping for consumer goods continues to flourish, …
Navigating Growth: Dunnage Tray Market Targets US$ 2.6 Billion by 2029 with 4.3% CAGR
The global dunnage tray market is poised for a steady climb, with a projected value of US$ 2.6 billion by 2029. This translates to a CAGR of 4.3% between 2022 and 2029. Demand in Automotive Manufacturing Dunnage trays have witnessed significant demand, particularly in the automotive industry. These trays play a crucial role in safeguarding …
Bioplastic Packaging Bag Market Set to Skyrocket to US$ 49 Billion by 2033, Driven by Remarkable 14.6% CAGR
The global bioplastic packaging bag market is poised for explosive growth, with a projected CAGR of 14.6% from 2023 to 2033. This translates to a market value reaching US$ 49 billion by 2033, compared to US$ 12.5 billion in 2023. Sustainability Drives Demand for Bioplastic Packaging The market surge is driven by a growing global …
Prescription Bottles Market Poised for 6.0% CAGR Surge, Fueled by Sustainable Packaging Innovations and Focus on Medication Error Reduction
The global prescription bottles market is expected to witness robust growth, with a projected CAGR of ~6.0% from 2021 to 2031, according to Future Market Insights (FMI). This upsurge is attributed to several key factors. Sustainable Packaging and Patient Convenience Drive Market Growth: Sustainable Packaging Solutions: Growing emphasis on research and development in sustainable packaging solutions …