The global Fast-Moving Consumer Goods (FMCG) packaging market is projected to experience substantial growth over the next decade. According to a recent analysis by Future Market Insights (FMI), the market is expected to expand at a compound annual growth rate (CAGR) of 5.8% during the forecast period, starting from a revenue base of USD 443.1 …
Category Archives: Packaging Facts
Global Punnet Market Set for Robust Growth, Projected to Reach USD 1.8 Billion by 2033 | FMI
The size of the worldwide punnet market is anticipated to expand significantly between 2023 and 2033. The global market is predicted to achieve a valuation of US$ 1,102.3 million in 2023, according to the research report released by Future Market Insights. By 2033, its value is anticipated to reach US$ 1,795.5 million. From 2023 to 2033, the …
Flatback Tape Market Set to Reach USD 2.0 Billion by 2034: Projected 5.5% CAGR Driven by Digitalization, Elastic Tapes, and Online Grocery Growth
The global flatback tape market is set for substantial growth, with projections indicating it will reach a value of USD 2.0 billion by 2034. The market, currently valued at USD 1.2 billion in 2024, is anticipated to grow at a compound annual growth rate (CAGR) of 5.5% over the next decade. This surge is driven by …
Octabin Market Projected to Grow to USD 378.8 Million by 2034: 2.5% CAGR Driven by Sustainable Packaging Trends and Expanding eCommerce
In 2024, the global octabin market is valued at USD 364.2 million and is anticipated to grow at a steady CAGR of 2.5% from 2024 to 2034, reaching USD 378.8 million by the end of the forecast period. Octabins, known for their versatility in bulk packing, cost-effectiveness, durability, and adaptability, are increasingly preferred in various industries, particularly …
Paper Napkin Making Machine Market Set for Gradual Expansion: Increasing Environmental Awareness and Hospitality Sector Demand Drive Market Growth
The global paper napkin making machine market is set to experience steady growth, with market size projected to increase from USD 136.7 million in 2023 to USD 187.4 million by 2033. This growth, occurring at a modest CAGR of 3.2% over the forecast period, is underpinned by a variety of factors including the global shift …
Demand Surge in Key Industries Drives Industrial Pail Market: Expected Expansion to USD 1.8 Billion by 2034 Despite Sluggish Growth Rate
Industrial Pail Market Future Market Insights (FMI), a leading provider of market intelligence and consulting services, has released a comprehensive analysis of the industrial pail market, forecasting a moderate Compound Annual Growth Rate (CAGR) of 1.90% from 2024 to 2034. The market is anticipated to grow from USD 1.7 billion in 2024 to approximately USD 1.8 …
Metal Can Market Poised for Steady Growth: Projected to Reach USD 49.3 Billion by 2034 with 2% CAGR Amid Rising Environmental Awareness and Innovation
The global metal can market is poised for steady growth, with a projected expansion from USD 40.4 billion in 2024 to USD 49.3 billion by 2034, representing a compound annual growth rate (CAGR) of 2%. Key trends and highlights from the metal cans market report underscore the increasing popularity of metal cans packaging driven by social, …
Polyester Straps Market Poised for 7.4% CAGR Growth, Expected to Hit US$ 2.1 Billion by 2033
The global polyester straps market is anticipated to reach a valuation of US$ 1.0 billion i n 2023, driven by shift towards sustainable packaging solutions. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 7.4% between 2023 and 2033, and reaching a total valuation of approximately US$ 2.1 billion …
Global Disposable Cups Market Set for 6.2% CAGR Growth, Reaching US$21.1 Billion by 2033 Amid Quick Service Restaurant Boom
In 2023, the market for disposable cups is anticipated to be worth US$ 11.6 billion worldwide. From 2023 to 2033, it is anticipated to surge at a CAGR of 6.2% .By 2033, the market is anticipated to be worth US$ 21.1 billion . In 2023, it is predicted that the top 3 nations would account for 40% to …
Global Glass Container Market to Reach US$89.3 Billion by 2034, Driven by Beverage Industry and Eco-Friendly Initiatives
The global glass container market, currently valued at USD 63.8 billion, is on a promising growth trajectory, anticipated to reach USD 89.3 billion by 2034. This robust growth is driven by a compound annual growth rate (CAGR) of 3.4% over the forecast period. In 2023, the market’s valuation stood at USD 61.3 billion, and it …