The rice paper stand up pouch market is estimated to reach a value of US$ 153.40 million in 2024. With these trends gaining traction and becoming more widely adopted, sales of rice paper stand up pouches have the potential to reach a significant valuation of US$ 257.20 million by 2034. This represents a steady compound …
Category Archives: Packaging Facts
Global Multi-Head Filling Machines Market Set to Reach US$ 6.9 Billion by 2033, Driven by Automation and Industry 4.0 Integration
The global multi-head filling machines market is poised for substantial growth, with a projected value of US$ 6.9 billion by 2033, representing a compound annual growth rate (CAGR) of 5.6% from 2023 to 2033. This surge in market value is attributed to various factors driving the demand for multi-head filling machines, particularly the expansion of …
FIBC Market is Expected to Reach at a US$ 12.6 billion by the End of 2033
The FIBC market is forecast to expand at 5.4% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 7.5 billion in 2023. Growth in developing economies is one of the vital factors, which is propelling international trade. The increase in exports and imports between countries that require quality packaging …
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Tapes Market is Expected to Grow at a CAGR of 4.9% During the Forecast Period by 2033 | FMI
The tapes market is expected to experience significant growth, with a projected value of US$ 78.5 billion in 2023, increasing to US$ 126.6 billion by 2033. The demand for tapes is driven by various factors, including the need for protective packaging to ensure damage-free transportation. However, fluctuations in raw material costs have negatively impacted the business operations …
Cosmetic Dropper Market is Estimated to Hold a Industry Value of US$ 100.4 Million by the End of 2032 | FMI
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. As awareness of sustainability grows, there’s a notable shift towards eco-friendly packaging, particularly in the beauty and cosmetics …
Eco-Friendly Fashion Choices Fuel Woven Bag Market Expansion, Projected to Reach at a US$ 9.9 Billion by 2034
According to Future Market Insights, the woven bag market is poised for significant growth, with its size expected to increase from US$ 6.5 billion in 2024 to US$ 9.9 billion by 2034. Over the next decade, a moderate 4.2% CAGR in the demand for woven bags is projected to drive the expansion, which had seen a CAGR of 3.0% between 2019 and 2023. The woven …
Cosmetic Jar Market is Expected to Increase at a CAGR of 4.9% During the Forecast Period by 2033 | FMI
The global cosmetic jar market size is anticipated to reach US$ 7,020 million by 2033. It attained a valuation of around US$ 4,338 million in 2023. The market is estimated to showcase a CAGR of 4.9% during the assessment period from 2023 to 2033. Sales of cosmetic products are rising due to increased penetration of e-commerce across rural and semi-urban areas. Increased cross-border …
Beauty and Personal Care Industry Boom Fuels Surge in Pump and Dispenser Market Sales, Reach US$ 14,732.1 Million by 2033
The global pump & dispenser market value is projected to expand from US$ 9,173.1 million in 2023 to US$ 14,732.1 million by 2033. Over the assessment period, global pump & dispenser demand is predicted to rise at a CAGR of 4.9%. The need to increase the consumer experience of the product is one of the prominent trends impacting the pump and dispenser …
Bright Future Projected for Hang Tag Applicators Market as Hang Tags Gain Popularity
The hang tag applicators market is on the rise, driven by the increasing popularity of hang tags over traditional sticking tags. Hang tags have become a necessity for various end-use products, serving as a means to provide detailed product information and display pricing. What sets hang tags apart is their convenience in removal without causing damage to …
Global Foldable Steel Containers Market Set to Expand, Projected to Reach US$ 148.0 Million by 2033
The global market for foldable steel containers is poised for substantial growth, with forecasts indicating a Compound Annual Growth Rate (CAGR) of 4.5% from 2023 to 2033. The market value is projected to increase from US$ 95.3 million in 2023 to US$ 148.0 million by 2033, reflecting a promising outlook for the industry. Foldable steel …