With an estimated valuation of approximately US$ 47.2 million in 2023, the North American silo bags market is poised for steady growth, projected to exhibit a Compound Annual Growth Rate (CAGR) of 5% until 2033, according to FMI’s analysis. The comprehensive report anticipates a substantial increase, forecasting the market’s value to reach US$ 76.9 million …
Category Archives: Packaging Facts
Temperature Controlled Packaging Solution Market Anticipated CAGR of 8.1% by 2033 | FMI
Envisioned to be worth US$ 13.4 billion in 2023, the Temperature Controlled Packaging Solution Market is set for significant growth, with projections anticipating a valuation of US$ 29.2 billion by 2033, as indicated by the market research report. The demand for temperature-controlled packaging solutions is poised to exhibit a noteworthy Compound Annual Growth Rate (CAGR) …
North America Fresh Meat Packaging Market: Forecasted Surge to US$ 1,070.9 Million by 2033 | FMI
Anticipated to achieve a valuation of US$ 724.4 million in 2023, the North America fresh meat packaging market is poised for further growth, reaching a projected US$ 1,070.9 million by 2033. According to FMI’s research, there is an expected increase in fresh meat packaging demand in North America, marked by a robust Compound Annual Growth …
Prescription Bottles Market Anticipating 6.0% CAGR approx. by 2031: A Comprehensive Report by FMI
Prescription bottles are containers designed specifically for the storage and dispensing of prescription medications. These bottles play a critical role in ensuring the safety, integrity, and proper administration of pharmaceutical products. The design and materials used in prescription bottles are carefully chosen to protect the medications from external factors that could compromise their efficacy. The prescription …
Bagasse Bowls Market Anticipating 5.8% CAGR by 2031: In Depth Research Report by FMI
Bagasse bowls are a type of disposable tableware made from bagasse, which is the fibrous byproduct left over after extracting juice from sugarcane. These bowls are part of a broader trend toward sustainable and eco-friendly packaging solutions. Bagasse, being a natural and renewable resource, is an environmentally friendly alternative to traditional disposable bowls made from …
Corrugated Bubble Wrap Market Growing at 10% of Huge CAGR by 2031: In Depth Research Report by FMI
Corrugated bubble wrap represents a potential advancement in packaging materials, combining the protective qualities of traditional bubble wrap with the structural integrity of corrugated materials. This type of packaging innovation is designed to provide enhanced protection for fragile items during shipping and handling. The packaging industry is constantly evolving to meet the demands of various …
Plastic Syringe Market Soars: Envisioning a Robust CAGR of 5.3% by 2033 | FMI
Anticipated to reach a notable US$ 6.1 billion by 2033, the disposable syringe market is positioned for robust growth, projecting a steady Compound Annual Growth Rate (CAGR) of 5.3% from 2023 to 2033. The surge in disease incidence and the escalating demand for disposable syringes within the healthcare sector are key drivers propelling the growth …
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Wooden Boxes Market Flourishes: Projecting a Robust CAGR of around 7.1% by 2032 | FMI
Anticipated to hit approximately US$ 9 billion in 2022, the global wooden boxes market is poised for substantial growth. Fueled by the escalating adoption of wooden boxes across a range of end-use industries such as food and beverage packaging, automotive packaging, and electrical and electronics packaging, the market is projected to exhibit a robust Compound …
Hot Fill Packaging Market Soars: Projections Point to a 4.5% Growth Rate by 2032 | FMI
Envisioned to reach a substantial market value of US$ 82 billion by 2032, the global hot fill packaging market projects a growth rate of 4.5% throughout the forecast period from 2022 to 2032. As of 2022, the market is poised to achieve US$ 52.8 billion, reflecting a year-on-year (Y-o-Y) growth rate of 3.5%, up from …
Corrugated Bin Boxes Market Set to Hit US$ 38,439.8 Million by 2033: A Comprehensive Report by FMI
The corrugated bin boxes market is a vital and dynamic segment within the broader packaging industry, specializing in the manufacturing and distribution of corrugated cardboard boxes designed specifically for storage and organization. Corrugated bin boxes are characterized by their sturdy construction, versatility, and suitability for various industries and applications. These boxes are crafted from corrugated …