The global glass container market is poised for substantial growth, with a projected valuation of US$ 102.5 billion by 2033, exhibiting a robust Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. This growth is driven by various factors, including rising disposable income, urbanization, and consumers’ preference for aesthetics, as well as increasing …
Category Archives: Packaging Facts
Polycoated Paper Packaging Market Set for Robust Growth; Global Demand Projected to Increase Significantly During 2021-2031
The global poly-coated paper packaging market is forecasted to experience substantial growth from 2021 to 2031, propelled by increasing demand across various industries such as food and beverages, building and construction, chemicals, cosmetics, and automotive. This growth is not only evident in developed regions but also in developing countries, with the Asia Pacific region emerging …
Industrial Filling Machine Market is Expected to Reach at a US$ 18.1 Billion by 2033 | FMI
The global industrial filling machine market is anticipated to reach a valuation of US$ 12.2 billion in 2023, driven by rising demand from food & beverage industry. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 4.0% between 2023 and 2033, and reaching a total valuation of …
Refuse Bags Market is Projected to Reach at a US$ 5.1 Billion by 2033 | FMI
The global refuse bags market size is expected to increase at a compound annual growth rate (CAGR) of 6.8% between 2023 and 2033. According to projections, the market value will rise from US$ 2.7 billion in 2023 to US$ 5.1 billion in 2033. In 2022, the trash bag market was estimated to be worth US$2.5 …
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Bundling Machine Market is Expected to Reach at a USD 5,721.3 Million by 2034 | FMI
In 2024, the global bundling machine market is estimated to be worth USD 4,095 million and is expected to reach USD 5,721.3 million by 2034. The industry’s sales revenue is projected to grow at a compound annual growth rate (CAGR) of 3.4% over the forecast period. In 2023, bundling machines generated USD 3,979.5 million in …
Vaginal Applicators Market is Expected to Reach US$ 8.56 Billion by 2032 | FMI
The global vaginal applicators market size is expected to reach US$ 8.56 Billion in 2032. The vaginal applicators market is growing rapidly. As per FMI Analysts, the global vaginal applicators market is estimated to be valued at US$ 5.01 Billion in 2022 and is projected to increase at a CAGR of 5.5% in the forecast period from …
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Tool Box Market is Projected to Surpass a Valuation of US$ 1,978.1 Million by 2034
The tool box market size is estimated to reach a valuation of US$ 1,560.4 million in 2024. The market is set to surpass US$ 1,978.1 million by 2034. The adoption of tool box is predicted to experience a moderate CAGR of 2.4% through 2034. The increasing demand from various sectors, such as automotive, construction, and …
Switched reluctance Motors Market Surges to US$ 1039.1 million by 2033
The global switched reluctance motor market size is likely to be valued at US$ 564.1 million in 2023. The increasing demand for energy-efficient and cost-effective motors driving market growth. The market is estimated to garner US$ 1039.1 million in 2033, recording a CAGR of 6.3% from 2023 to 2033. The increasing demand for high-speed motors from different …
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ID Card Printers Market to Reach US$176.4 Million by 2033, Driven by Increased Adoption Across Various Industries
The global ID card printers market is on track to experience steady growth in the coming years, with projections indicating a Compound Annual Growth Rate (CAGR) of 4.2% between 2022 and 2032. Estimated at US$ 116.9 million in 2023, the market is anticipated to expand to a total valuation of US$ 176.4 million by 2033, …
Returnable Packaging Market to Reach US$248 Billion by 2034, Driven by Growing Demand for Sustainable Solutions
The global returnable packaging market is on track to witness substantial growth in the coming decade, with projections indicating a robust Compound Annual Growth Rate (CAGR) of 6.7%. Valued at US$ 129.7 billion in 2024, the market is anticipated to surge to US$ 248.0 billion by 2034, driven by a convergence of environmental consciousness, cost-saving …