The protective packaging market, poised to ascend from $29.7 billion in 2024 to $47.8 billion by 2034 at a 4.70% CAGR, caters to diverse industries. Retailers, encompassing both supermarkets and online platforms, lead consumption, relying on protective packaging to ensure products reach consumers in optimal condition. In the food and beverage sector, protective packaging plays a …
Category Archives: Packaging Facts
Global Anti-Counterfeit Pharmaceutical Packaging Market to Reach US$246.6 Billion by 2033, Driven by AI and QR Code Innovations
The anti-counterfeit pharmaceutical packaging market is estimated to be worth US$ 108.1 billion in 2023 and is projected to be valued at US$ 246.6 billion in 2033. Between 2023 and 2033, the market is expected to register a growth rate of 8.6%. Increasing awareness of patients and consumers about the risks of counterfeit medicines is driving the …
Lightweight and Bioplastic Innovations Propel Mobile Phone Accessories Packaging Market Towards US$5.1 Billion Valuation by 2034
Future Market Insights (FMI) has released an updated report on the mobile phone accessories packaging market, projecting significant growth opportunities and strategic insights for the decade ahead. The market is expected to reach a valuation of US$ 5.1 billion by 2034, reflecting a steady CAGR of 3.2%. Core Concepts in the Mobile Phone Accessories Packaging Industry Expected …
Retail E-commerce Packaging Market to Expand 5% Annually, Reaching US$28.7 Billion by 2033, Driven by Logistics Optimization and D2C Trends
The global retail e-commerce packaging market is poised for substantial growth, projected to reach US$ 28.7 billion by 2033 from US$ 17.6 billion in 2023, with a steady CAGR of 5.0%. This growth is driven by the proliferation of direct-to-consumer (D2C) brands revolutionizing the retail landscape and advancements in packaging technology. Core Concepts in the Retail E-Commerce Packaging …
Top Loading Cartoning Machine Market Projected to Exceed US$1 Billion by 2034, Driven by Technological Advances and Sustainability Trends
Future Market Insights (FMI) has released its latest report on the global top-loading cartoning machine market, forecasting a valuation of US$ 795.9 million in 2024. The market is projected to grow at a modest CAGR of 2% from 2024 to 2034, surpassing US$ 1 billion by the end of the forecast period. This growth trajectory indicates …
In-Mold Label Market to Reach US$1.5 Billion by 2034, Driven by Growth in Food Industry and Innovative Printing Technologies
The global in-mold label (IML) market is projected to experience steady growth over the next decade, with its value expected to climb from USD 1,133.9 million in 2024 to USD 1,501.8 million by 2034, growing at a compound annual growth rate (CAGR) of 2.8%. According to the latest industry analysis, the revenue generated by in-mold labels in …
Surface Protection Film Market to Hit US$ 2.3 Billion by 2034, Driven by Technological Advancements and Urbanization
The global surface protection film market is set to experience substantial growth, anticipated to increase from US$ 1.5 billion in 2024 to US$ 2.3 billion by 2034, at a steady CAGR of 4.6%. This growth is driven by advancements in technology, increasing demand from sectors such as construction, automotive, and electronics, and a rising focus on sustainable …
Global Drug Delivery Solutions Market Expected to Reach US$ 207.6 Billion by 2033, Driven by Advances in Personalized Medicine and Targeted Therapies
The global drug delivery solutions market is anticipated to reach a valuation of US$ 107.5 billion in 2023, driven by increasing investments in research and development. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 6.8% between 2023 and 2033, and reaching a total valuation of approximately US$ 207.6 …
Bag Closure Clips Market to Reach US$ 354.5 Million by 2033, Driven by Demand for Freshness and Innovations in Technology
The bag closure clips market is poised for significant growth, with an anticipated valuation of USD 205.6 million in 2023. Future Market Insights forecasts the market to grow at a steady compound annual growth rate (CAGR) of 5.6% between 2023 and 2033, reaching approximately USD 354.5 million by 2033. Core Concepts in the Bag Closure Clips Industry …
Global Packaging Testing Equipment Market Set to Reach US$ 7.15 Billion by 2033, Driven by Rising Demand for Packaged Goods and Emphasis on Product Safety
The packaging testing equipment market is on track to reach substantial growth, with projections indicating a market size of USD 3,905.4 million in 2023, expected to surpass USD 7,148.5 million by 2033. Future Market Insights forecasts a robust compound annual growth rate (CAGR) of 6.2% between 2023 and 2033 for packaging testing equipment. Packaging testing equipment plays …