The global pharmaceutical container market is likely to be valued at US$ 95.3 billion in 2023. The estimated CAGR of 6.1% from 2023 to 2033 suggests that the global pharmaceutical container market is expected to reach a valuation of US$ 172.4 billion by 2033. Pharmaceutical containers is witnessing robust growth driven by several key factors. Increasing global healthcare expenditure, coupled with the rising …
Category Archives: Packaging Facts
Steel Containers Market Projected to Reach US$ 155.12 Billion by 2032, Fueled by Diverse Industry Applications
The global steel containers market stood at US$ 115.43 Billion in the year 2022 and is expected to reach US$ 155.12 Billion by the year 2032 at a CAGR of 3% between 2022 and 2032. Stainless steel containers is experiencing a notable growth trajectory, driven by several key factors. Increased demand across various end-user industries such as …
Horticulture Film Market Envisions Growth Amid Agricultural Advancements by 2032
As per FMI Analysts, the global horticulture film market is estimated to be valued at US$ 10.89 Billion in 2022 and is projected to increase at a CAGR of 6.20% in the forecast period from 2022 to 2032. In the world of agriculture, innovation is key to maximizing yields and preserving resources. One such innovation …
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Growing Multi-pack Carriers Market: Trends, Future Outlook, and Insights | FMI Study
The multi-pack carriers market is likely to register a CAGR of 4.7% during the forecast period and is anticipated to reach a market share of US$ 2.45 Billion in 2032, from US$ 1.55 Billion in 2022. The multi-pack carriers market is experiencing significant growth as industries across the globe recognize the benefits of efficient, cost-effective, and environmentally …
Booming PET Hinged Containers Market: Trends and Future Outlook, Grow at a 6% to 7% CAGR by 2032
The global polyethylene terephthalate (PET) hinged containers market is estimated to project growth at a healthy CAGR of around 6% to 7% during the forecast period 2022 to 2032. The PET Hinged Containers Market is witnessing robust growth, driven by the increasing demand for convenient, durable, and eco-friendly packaging solutions. Polyethylene terephthalate (PET) is a highly versatile and recyclable plastic, making …
Booming Self-Sealing Ziplock Bags Market: Trends, Future Outlook, and Key Insights | FMI Study
The global self-sealing ziplock bags market is estimated to secure a market value of US$ 20.39 Billion in 2021 and US$ 20.79 Billion in 2022. The industry is expected to record a CAGR of 2% during the forecast period. The market is likely to reach US$ 25.34 Billion by 2032. The expansion of the market can be …
Growing Kraft Block Bottom Pouch Market: Trends and Future Outlook | FMI Study
The kraft block bottom pouch market is likely to record an average CAGR of 4% during the forecast period. The Kraft block bottom pouch market is currently valued at US$ 18 billion and is likely to reach US$ 27.7 billion by 2032 In the rapidly evolving world of packaging, the Kraft Block Bottom Pouch is emerging …
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Urbanization and Environmental Awareness Propel Refuse Bags Market Growth to US$ 5.1 Billion by 2033
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$2.5 billion worldwide. Refuse bags is projected to experience …
Demand for Masking Paper to Grow at a Steady CAGR of 5.42% by 2032, Driven by Rising Adoption Across Multiple Applications
The global demand for masking paper is projected to grow at a steady CAGR of around 5.42% during the forecast period from 2022 to 2032. Growth in the market is driven by the rising adoption of masking paper across various applications including painting, thermal spraying, and printing. Introduction The Masking Paper Market has seen substantial growth in …
Aluminum Foil Zipper Pouch Market to Reach US$ 21.55 Billion by 2032 with a Steady CAGR of 4% | FMI Study
The aluminum foil zipper pouch market is likely to register a CAGR of 4% during the forecast period and is anticipated to reach a market share of US$ 21.55 Billion in 2032, from US$ 13.46 Billion in 2020, as consumers are also inclining towards online modes of purchasing of packaged goods. In the dynamic world of packaging, …