Global pyramid tea bags market is expected to be valued at US$ 257.7 million in 2023 and to reach a valuation of US$ 400.2 million by 2033. The demand for pyramid tea bags is estimated to grow at a steady 4.5% CAGR. The demand for organic and herbal teas has been on the rise in …
Category Archives: Packaging Facts
Unbleached Softwood Kraft Pulp Market is Projected to Expand at 4.6% CAGR by 2033 | FMI
The unbleached softwood kraft pulp market is predicted to be worth US$ 1,481.5 million in 2023, and rise to US$ 2,322.84 million by 2033. Initially, the global market was expanding at a CAGR of 4.6% during 2018 to 2022. Unbleached sack kraft paper’s popularity is a key factor in the market. The industry’s market share …
Demand for Precision Stainless Steel Market is Anticipated to Grow at a Steady 4.2% CAGR by 2033 | FMI
The precision stainless steel market is anticipated to be worth US$ 2,488 million in 2023 and US$ 3,754.29 million in 2033. Precision stainless steel demand is anticipated to increase steadily at a CAGR of 4.2%. The precision stainless steel market presents several opportunities, including growing demand for high-quality stainless steel products across various industries, increasing …
Aluminum Foam Market is Projected to Reach at a US$ 68.02 Million by 2033 | FMI
The global market for aluminum foam is expected to grow at a 4.5% compound annual growth rate (CAGR) from 2023 to 2033, reaching US$ 68.02 million. Aluminum foam is expected to gain popularity because of its low density, excellent crush strength, and resistance to corrosion. It is also lightweight. Furthermore, the capacity of aluminum to …
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Packaging Testing Market is Estimated to Reach US$ 53,748.03 Million During the Forecast Period 2033 | FMI
The packaging testing market is predicted to be worth US$ 16,099.87 million in 2023 and is likely to rise to US$ 53,748.03 million by 2033. Initially, the global market was expanding at a CAGR of 9.7% from 2018 to 2022. Trade liberalization, advancements in communication and transportation technologies, and the expansion of multinational corporations in …
Synthetic Paper Market is Projected to Reach at a US$ 1,724.6 Million by 2032 | FMI
The global synthetic paper marketindustry size is expected to surge at a CAGR of 6.2%. The market value is projected to increase from US$ 1,002.7 million in 2023 to US$ 1,724.6 million by 2032. The market was valued at US$ 937 million at the end of 2022. It is anticipated to exhibit y-o-y growth of 7.0% …
Rigid Packaging Containers Market is Projected to Reach at a US$ 308.7 Billion by 2032 | FMI
The global rigid packaging containers market is poised to begin at a value of US$ 208.6 billion in 2022 and is expected to exhibit a steady 4.0% compound annual growth rate (CAGR), ultimately reaching US$ 308.7 billion by 2032. The surge in chemical production in China stands as a pivotal catalyst propelling the demand for …
Global Luxury Rigid Box Market is Expected to Increase at a CAGR of 3.8% over the Forecast Period 2034 | FMI
The luxury rigid box market is expected to be valued at US$ 4,277.9 million in 2024. The market is projected to progress at a CAGR of 3.8% from 2024 to 2034. By 2034, the market value is forecasted to hit US$ 6,200.7 million. The luxury rigid box market has been witnessing a significant increase in …
Molded Fiber Pulp Packaging Market is Predicted to Reach US$ 15.1 Billion by 2034 | FMI
In 2024, the molded fiber pulp packaging market is forecasted to attain a value of US$ 9.0 billion, marking an increase from its 2023 valuation of US$ 8.6 billion. Over the period spanning from 2024 to 2034, the market is expected to experience a compound annual growth rate (CAGR) of 5.4%, culminating in a projected …
Sterile and Antiviral Packaging Market is Anticipated to Reach US$ 37.9 Billion by 2030, at a CAGR of 5.3% | FMI
The Global Sterile and Antiviral Packaging Market is assessed at US$ 25 Billion in 2022 and is projected to arrive at US$ 37.9 Billion by 2030, at a CAGR of 5.3% from 2022 to 2030. According to the most recent review directed by FMI, the worldwide deals of sterile and antiviral packaging is supposed to show …