Expanding at a CAGR of 5.1% from 2023 to 2033, the global UV stabilized films market is set to rise from a valuation of US$ 34.38 billion in 2023 to US$ 56.54 billion by the end of 2033. Packaging film used to protect the product from harmful UV rays is referred to as UV stabilized films. The method aids in maximizing the quantity of light …
Category Archives: Packaging Facts
Global Rigid Sleeve Boxes Market Set to Reach US$ 5.5 Billion by 2032, Driven by Luxury Packaging Demand
The global rigid sleeve boxes market is experiencing rapid growth, with a projected valuation of US$ 4 billion by 2022. Sales of rigid sleeve boxes are expected to generate an incremental opportunity exceeding US$ 5.5 billion by 2032. Fueled by increasing customer preference for luxury packaging solutions, the market is forecasted to expand at a …
Global Corrugated Box Machines Market to Surge at 5.0% CAGR, Reaching US$ 1,624 Million by 2032 | FMI
The global corrugated box machines market is poised for significant growth, with a projected Compound Annual Growth Rate (CAGR) of 5.0% during the forecast period from 2022 to 2032. The market value is anticipated to rise from US$ 992 million in 2022 to US$ 1,624 million by 2032, representing a substantial expansion. Market Insights In …
Global Packaging Supplies Market Set to Surge with CAGR of 4.9% by 2032 | FMI
The global packaging supplies market is poised for substantial growth, with an anticipated Compound Annual Growth Rate (CAGR) of 4.9% between 2022 and 2032. Valued at US$ 248.3 billion in 2022, the market is projected to reach US$ 399.5 billion by 2032. Key Drivers of Growth Rising e-commerce platforms and diverse packaging options are driving …
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Slitter Rewinder Machines Market is Anticipated to Reach at a US$ 1.7 Billion by 2033 | FMI
With a projected Compound Annual Growth Rate (CAGR) of 3.6% between 2023 and 2033, the slitter rewinder machines market is expected to witness substantial growth, increasing from US$ 1.2 billion in 2023 to US$ 1.7 billion in 2033. This growth trajectory reflects the expanding demand for slitter rewinder machines across various industries, driven by factors such as increased automation, efficiency enhancements, …
Snap-On Closures Market Amid Rising Environmental Concerns, Reach at a US$ 23.7 Billion by 2033
The global snap-on closures market is expected to record a CAGR of 4.6% from 2023 to 2033. In 2023, the market size is anticipated to reach US$ 15.1 billion. By 2033, the numbers are projected to cross US$ 23.7 billion. Over the covering and cap, a marketer would aim to effectively communicate the advantages of these items. The advantage of snap-on …
Stretch Blow Molding Machines Market Trends: Exploring the Influence of Rising Beverage Consumption
The stretch blow molding machines market is expected to expand its roots at an average CAGR of 3.4% between 2023 and 2033. The market is anticipated to cross a market share of US$ 1.2 billion by 2033 while it is likely to be valued at US$ 871.9 million in 2023. The consumption of bottled beverages such as non-alcoholic & alcoholic beverages, soft drinks, …
Packaging Foam Market is Projected to Grow at a CAGR of 5.9% by 2033, Totaling Around US$ 12.3 Billion | FMI
The global packaging foam market is anticipated to reach a valuation of US$ 6.9 billion in 2023, driven by growing focus on product safety & protection. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 5.9% between 2023 and 2033, and reaching a total valuation of approximately US$ 12.3 billion by 2033. One of the …
Global Packaging Bins Market Poised for Steady Growth, Fueled by Rising Demand for Eco-Friendly Solutions
The global packaging bins market is on track to witness steady growth, with projections indicating an average Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period. The market is expected to reach a revenue of US$ 3.17 billion by 2033, reflecting a notable expansion from the anticipated revenue of US$ 2.04 billion in …
Global Tags Market Poised for Significant Growth US$ 19,510.4 Million by 2033, Driven by Consumer Convenience and Technological Innovations
The global tags market is set to witness substantial growth, with projections indicating a valuation surpassing US$ 19,510.4 million by 2033, marking a notable Compound Annual Growth Rate (CAGR) of 5.4% from 2023 to 2033. This surge is propelled by evolving consumer preferences for convenience and product design, coupled with technological advancements reshaping the tags …