The increased need for bulk packaging solutions, including box liners, has been a direct result of these developments. Consequently, the global box liners market is poised to thrive at an impressive Compound Annual Growth Rate (CAGR) of 5.9% over the decade from 2023 to 2033. By the year 2033, it is anticipated to exceed the …
Category Archives: Packaging Facts
Bio-medical Packaging Market Projected US$ 727.35 Million by 2033: A Comprehensive Report by FMI
The global Bio-medical Packaging Market is projected to witness substantial growth in the coming decade, with an estimated value of US$ 727.35 million by 2033. This represents a significant increase from the US$ 391.45 million recorded in 2023, showcasing a robust compound annual growth rate (CAGR) of 6.4% over the forecast period. A growing number of individuals …
Capsule Filling Machines Market worth US$ 939.43 Million by 2033: Comprehensive Report by FMI
The global usage of capsule-filling machines extends across all regions, effectively catering to the pharmaceutical market’s demands. Notably, manufacturers worldwide are offering automatic capsule filling machines due to their exceptional speed and high filling rates, meeting the industry’s need for efficiency and productivity. The global capsule filling machines market is poised to reach a value of US$ …
Hand held Capping Machines Market Anticipated US$ 426.5 Million by 2032: Comprehensive Study Report
While the initial cost of these machines remains relatively high, there are additional expenses associated with delivery systems, posing a potential hindrance to the overall growth of the global market. Nevertheless, manufacturers are countering these challenges by implementing strategic measures and diversifying their product portfolios through continuous technological advancements. This forward-looking approach is expected to …
Automotive Labels Market worth US$ 11.6 Billion by 2033: Comprehensive Research Report by FMI
The automotive labels market expands steadily with a CAGR of 4.3% in 2023, with market value rising from US$ 7.6 billion in 2023 to US$ 11.6 billion in 2033. This 10-year period shows a significant increase in the industry’s trajectory and potential for long-term growth in the automobile labeling sector. The automobile labels market is an important …
Gusseted Bags Market Soaring: Envisioned to Reach US$ 26 Billion by 2026 | FMI
Gusseted bags are lightweight bags that have extra pieces of material attached to their sides or bottom or both, allowing them to expand while accommodating bulkier items. Attributed to this, these bags are extensively being used for packaging and storing food products, especially dry food products. Side gusseted segment is projected to hold the lion’s …
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PET Stretch Blow Molding Machines Market: A Valuation of US$ 978.4 Million on the Horizon by 2033 | FMI
As per a recently published report by Future Market Insights (FMI), sales of PET stretch blow molding machines are anticipated to reach US$ 760.0 Million in 2023 and exhibit a considerable CAGR of 2.9% from 2023 to 2033. The market is likely to be valued at US$ 978.4 Million by the end of 2033. PET stretch blow …
PE Resins Market Poised for Remarkable Growth: Projected to Reach US$ 198,712.3 Million by 2033 | FMI
With an estimated value of US$ 143,622.2 million in 2023, the global PE resins market is poised for substantial growth, projected to reach a staggering US$ 198,712.3 million by 2033. Anticipated to maintain a steady trajectory, this market is expected to exhibit a compound annual growth rate (CAGR) of 3.3% from 2023 to 2033. The increasing role …
Drum Liners Market on the Horizon: Projected to Reach a Valuation of US$ 688.3 Million by 2030 | FMI
Embracing a comprehensive approach, the global drum liners market is poised for substantial growth from 2022 to 2030. With a projected CAGR of 3.9%, the market’s value is set to reach an impressive US$ 688.3 Million by 2030, catering to the increasing demand for efficient and reliable containment solutions. The market for drum liners sees North America …
Edible Films and Coatings Market Set to Exceed US$ 4,871.0 Million by 2033, Riding on a Steady CAGR of 8.2% | FMI
The edible films and coatings market is anticipated to expand from US$ 2,210.0 million in 2023 to over US$ 4,871.0 million by 2033 at a CAGR of 8.2%. Rising as a sustainable substitute for conventional non-biodegradable packaging, edible films and coatings have garnered attention. Comprising materials like proteins, polysaccharides, lipids, and natural composites sourced from plants, animals, …