Egg Carton Market The global egg carton market is witnessing steady growth, with estimates projecting a value of US$ 2,074.1 million in 2024 and a Compound Annual Growth Rate (CAGR) of 2.9% from …
Category Archives: Packaging Facts
Strapping and Banding Equipment Market Set for Astounding US$ 3,964.4 Million Valuation by 2033, Fueled by Efficient Packaging Solutions
The global sales of strapping and banding equipment grew consistently, with a noteworthy CAGR of 3.5% throughout the historical period. The global strapping and banding equipment market had a valuation of about US$ 2,376 million in 2022. The sales of strapping and banding equipment are anticipated to record a strong CAGR of 4.8% during the forecast period. By maintaining this lucrative …
Bulk Liquid Transport Packaging Market Poised for 3.5% CAGR Growth, Reaching US$ 1,959.77 Million by 2033
The bulk liquid transport packaging market is forecast to experience a growth of 3.5% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 1,388.35 million in 2023. The bulk liquid transport packaging solutions are deployed to accumulate and transport large volumes of liquid substrates like solvents and harsh chemicals. …
Waterproof Packaging Market Set for US$ 969.43 Billion by 2033, Fueled by Sustainable Solutions | Says FMI
The waterproof packaging market is anticipated to thrive at an average CAGR of 3.4% between 2023 and 2033. The market is expected to have a market share of US$ 969.43 billion by 2033, while it is likely to be valued at US$ 693.92 billion in 2023. Sustainable, water and oilproof packaging solutions are revolutionizing the waterproof packaging industry. The new products with intensive …
Aluminum Foil Lids Market Set to Reach US$ 2.8 Billion by 2033, Driven by Rising Demand for Flexible Packaging Solutions
The global aluminum foil lids market is anticipated to capture a valuation of US$ 1.8 billion in 2023 and reach US$ 2.8 billion by 2033. The global market is expected to secure a CAGR of 4.8% during the forecast period. Which Sectors are Fueling the Global Market? The global market is influenced by various sectors including: Food and Beverage Industry:One of the major drivers for …
Foam Pouch Market Poised for Growth to US$ 941.37 Million by 2033, Fueled by Increased Demand for Protective Packaging Solutions
The global foam pouch market is expected to reach a valuation of US$ 941.37 million by 2033, growing at a CAGR of 5.0% between 2023 and 2033. The increasing adoption of foam pouches across various commercial and industrial sectors propels market demand. Foam pouches have become ideal packaging solutions for protecting and safeguarding fragile items from scratches and other external forces. …
Thermochromic Labels Market Set to Thrive to US$ 781.14 Million by 2033 Driven by Innovation in Advanced Labeling Technology
The thermochromic labels market is anticipated to thrive at a healthy CAGR of 6.3% between 2023 and 2033. The market is expected to have a market share of US$ 781.14 million by 2033 while it is likely to be valued at US$ 424.03 million in 2023. Innovation is likely to be a critical success factor in the thermochromic labels industry, especially due to …
Global Insulated Tumblers Market Poised for Robust Growth, Driven by Consumer Preference for Safe and Convenient Packaging Solutions
Newly released data from market analysis indicates a significant surge in global demand for insulated tumblers, with a forecasted value compound annual growth rate (CAGR) of approximately 5.5% from 2021 to 2031. By 2031, the market is projected to reach millions of units, fueled by emerging trends and consumer preferences. Get a Sample PDF of …
Pipe Insulation Products Market is Expected to Reach an Evaluation of US$ 2,342.3 Million by 2032 | FMI
The global pipe insulation products market is projected to reach US$ 1,479.7 million in 2022. Based on the report, sales of Pipe Insulation Products will soar at a CAGR of 4.70% to reach an evaluation of US$ 2,342.3 million by 2032. The increased consumer awareness of the need for energy conservation is driving up demand for pipe …
Social Media Driving Growth: Metal Straw Market Set to Reach US$ 931.8 Million by 2034 | FMI
The metal straw market is anticipated to surpass US$ 749.5 million in 2024 and is likely to attain a valuation of US$ 931.8 million by 2034. The metal straw market size is projected to expand at a CAGR of 2.2% from 2024 to 2034. Social media platforms are becoming effective tools for influencing consumers’ attitudes, tastes, and decisions. Influencers and celebrities are powerful …