The global woven bags market continues its upward trajectory, having been valued at approximately US$ 5.8 Billion in 2021, with a year-over-year (Y-o-Y) growth of 3.2%. Projections indicate steady growth, with woven bags sales expected to increase at a CAGR of 4.3%, reaching a valuation of US$ 9.2 Billion by 2032. Woven bags currently hold …
Category Archives: Packaging Facts
Global Kraft Paper Market Set to Flourish, Anticipated Revenue of US$ 16.8 Billion in 2024 Expected to Surge to US$ 21.2 Billion by 2034
The global kraft paper market is poised for substantial growth, with an estimated revenue of US$ 16.8 billion projected for 2024. According to insights from our paper domain experts, the kraft paper industry can anticipate a steady Compound Annual Growth Rate (CAGR) of 2.4% through 2034, culminating in a forecast valuation of US$ 21.2 billion …
Future of Peanuts Packaging: Industry worth US$ 2.1 Billion by 2032
Peanuts packaging refers to the various methods and materials used to package peanuts for storage, transportation, and retail sale. Peanuts are a popular snack enjoyed by people worldwide, and packaging plays a crucial role in preserving their freshness, flavor, and quality. Here are some key aspects and considerations related to peanuts packaging: The global Peanuts Packaging …
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Sustainable Solutions: Eco-Friendly Approaches to Sterile Barrier Packaging
Sterile barrier packaging is a specialized type of packaging designed to maintain the sterility of medical devices, pharmaceutical products, and other healthcare items throughout their distribution and use. It provides a protective barrier against contamination by microorganisms, moisture, and other environmental factors, ensuring the integrity and safety of the packaged items. The global sterile barrier packaging …
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Green Printing: The Benefits of Eco-Friendly Inks
Eco-friendly inks, also known as sustainable or environmentally friendly inks, are printing inks that are formulated with components that have minimal impact on the environment compared to traditional petroleum-based inks. These inks are designed to reduce environmental pollution, conserve natural resources, and promote sustainability throughout the printing process. The Eco-friendly Inks sector is poised for robust and …
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The Rise of Packaging Automation: Transforming Industries Worldwide
Packaging automation refers to the use of automated systems and technologies to streamline and optimize packaging processes in various industries. These automated solutions are designed to increase efficiency, improve productivity, reduce labor costs, and enhance overall packaging quality. The global Packaging Automation sector is poised for steady growth, with a projected compound annual growth rate (CAGR) of …
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Liquid Carton Packaging Set to Reach Volume of US$ 34.93 Billion by 2032: A Promising Growth Projection
Expected to demonstrate strong growth, the liquid carton packaging is projected to achieve a compound annual growth rate (CAGR) of 5.8% throughout the forecast period, increasing from US$ 20.42 billion in 2022 to a valuation of US$ 34.93 billion by 2032. This upward trajectory indicates significant opportunities for market expansion, driven by factors such as …
Medical Transport Box: Sales Projection Indicates Surge at a 5.6% CAGR by 2034 | FMI Reports
Expected to witness substantial growth, the medical transport box is anticipated to be valued at US$ 696.6 million in 2024, with a projected increase to US$ 1,201.3 million by 2034. Over the forecast period from 2024 to 2034, the market is poised to experience a significant surge, boasting a compound annual growth rate (CAGR) of …
Eco-Friendly Enclosures: Exploring Sustainable Food Clamshell Options
Food clamshells, also known simply as clamshells or food containers, are a type of packaging commonly used in the food service industry to package and serve a variety of food items. These containers are typically made from plastic, biodegradable materials such as PLA (polylactic acid), or fiber-based materials such as paperboard or bagasse. Clamshell containers …
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Industrial Chemical Packaging: Predicted to Rise by US$ 197.52 Billion in 2033, Fueled by Innovation of Packaging
Anticipated to maintain a steady growth trajectory, the industrial chemical packaging sector is forecasted to expand at a compound annual growth rate (CAGR) of 4.0% by the year 2033. Insights from FMI suggest that the revenue share of the market is poised to increase significantly, climbing from US$ 133.58 billion in 2023 to US$ 197.52 …