The global trays market recorded steady growth, rising from US$ 12.8 billion in 2024 to US$ 16.6 billion by 2034. This accent in tray sales could be allotted to the consumers leveraging convenient packaging solutions. For instance, with goods placed in trays, consumers find it easy to store or transport food products conveniently. Over the past decade, the tray market has …
Category Archives: Packaging Facts
Rising Consumer Demand Propel Cosmetic Dropper Market Towards US$ 134.7 Million by 2032
The global cosmetic dropper market is poised for significant growth, with a projected CAGR of 4.8% between 2022 and 2032. This translates to a market value reaching US$ 134.7 Million by 2032, up from US$ 84.5 Million in 2022. The growth of the cosmetic dropper market has been remarkable, driven by various factors contributing to its expansion. …
Tourism Industry Big Data Analytics Market: Projected to Reach USD 486.6 Billion by 2033 – Year-on-Year Growth Trend Analysis
The global tourism industry’s utilization of big data analytics is projected to surge, with Future Market Insight estimating a market value of USD 486.6 billion by 2033, growing at a CAGR of 8%. This marks a significant increase from the projected value of USD 225.4 billion in 2023. The substantial growth and relevance of this market can be attributed …
Wrapping Tissues Market Projected to Reach US$ 2.15 Billion by 2032, Sustaining a 4.1% CAGR
The global wrapping tissues market, valued at US$ 1.38 billion in 2021, is projected to grow at a year-over-year rate of 4.3%, reaching US$ 1.44 billion in 2022. Looking ahead, the market is expected to maintain a compound annual growth rate (CAGR) of 4.1% from 2022 to 2032, ultimately achieving a valuation of US$ 2.15 …
Securing the Foundations: Sustainable Solutions in Cement Packaging Market by 2034
The cement packaging market is poised for steady growth, with a projected compound annual growth rate (CAGR) of 3.6% anticipated between 2024 and 2034. Starting from a valuation of US$ 2.8 billion in 2024, the market is forecasted to expand to US$ 4 billion by 2034. Cement, the essential ingredient that forms the backbone of …
Collapsible Jerry Can Market: Drivers, Opportunities, and Projected Growth to US$ 6.72 Billion by 2032
The global collapsible jerry can market is expected to generate a revenue of US$ 6.72 billion by 2032, with the demand growing at a slow CAGR of 3% from 2022 to 2032. Valued at US$ 4.9 billion in 2021, the market rose to US$ 5 billion in 2022. This steady growth can be attributed to the elevated demand for compact and bulk packaging solutions. Further, …
Unveiling the Potential: Bundling Machines in Today’s Manufacturing Landscape 2034
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 …
High Recyclability and Versatility of White Top Testliners Driving their Demand in Various Industries | FMI Study
The white top testliner market is expected to grow at a CAGR of 2.0% from 2024 to 2034. The market is estimated to be valued at US$ 35.1 billion in 2024 and reach a value of US$ 42.8 billion by 2034. The demand for corrugated packaging is driving the growth of the white top testliner …
Hypodermic Syringes Market to US$ 4.66 Billion by 2032: Insights into Key Growth Drivers and Industry Trends | FMI
The global hypodermic syringes market is anticipated to witness an evaluation of US$ 4.66 billion by 2032, rising from US$ 3.51 billion in 2022. The target market is slated to grow at a sluggish CAGR of 3.2% from 2022 to 2032. A surge in dosing errors associated with syringes in the healthcare sector coupled with favorable government initiatives will drive the growth of …
Protein Purification Resin Market: Innovations, Biotech Advancements, and Rising Demand Propel Growth to US$ 13.8 Billion by 2032
The global protein purification resin market is expected to generate a valuation of US$ 13.8 billion by 2032, with sales growing at a stellar CAGR of 9.3% from 2022 to 2032. Valued at US$ 5.7 billion in 2022, the market is shaped by increasing spending on research and development efforts as well as an upsurge in governmental and non-governmental funds in …