The global intelligent packaging market is primed for remarkable expansion, with projections indicating a surge from US$ 23.6 billion in 2023 to an estimated US$ 56.0 billion by the end of 2033, representing a robust Compound Annual Growth Rate (CAGR) of 9.0% over the forecast period. Key Market Insights: Accelerated Sales Growth: Intelligent packaging sales …
Category Archives: Packaging Facts
Disposable Plates Market is Anticipated to Cross a value of US$ 9.35 Billion by 2033 | FMI
The disposable plates market is anticipated to expand its roots at an average CAGR of 6.2% between 2023 and 2033. The market is projected to have a market share of US$ 9.35 billion by 2033 while it is likely to be valued at US$ 5.12 billion in 2023 – The restored food and beverages industry, and the application of new, light, and environmentally …
PE Resins Market Expands in Asia Pacific with High Concentration of Manufacturers | Says FMI
The global PE resins market is forecast to expand at 3.3% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 1,43,622.2 million in 2023. The high concentration of resin manufacturers in the Asia Pacific has made the market more competitive. It is another factor boosting the expansion of polyethylene …
Global Oxo-Biodegradable Bags Market to Reach US$ 1.11 Billion by 2032, Fueled by Environmental Concerns and Rising Consumer Awareness
The global oxo-biodegradable bags market is poised for significant growth, with Future Market Insights (FMI) projecting an average CAGR of 5.4% during the forecast period. In 2022, the market was valued at US$ 0.81 billion, and it is anticipated to reach a valuation of US$ 1.11 billion by the year 2032. Oxo-biodegradable bags have gained …
Frozen Food Packaging Market is Expected to Reach at a US$ 2.0 Billion by 2033 | FMI
The frozen food packaging market is projected to be valued at US$ 900 million in 2023 and grow to US$ 2.0 billion by 2033. The market is estimated to capture a CAGR of 8.3% during the forecast period. The rising demand for sustainable and excellent packaging are driving the adoption of frozen food packaging. The rising fast-paced lifestyle, urbanization, modernization, and busy schedules …
Plastic Rigid IBC Market Soars as Rising Demand for Bulk Packaging Surges Globally, Grow at a CAGR of 4.9% by 2033
The globalplastic rigid IBC market is estimated to register a CAGR of 4.9% during the forecast period. The global market is likely to predict a valuation of US$ 5.9 billion in 2023 and reach up to US$ 9.5 billion by 2033. This optimistic trajectory is attributed to increasing demand for efficient and sustainable industrial packaging solutions. Rising Demand for Bulk Packaging: The rapidly …
Increasing Demand for Smart Packaging Drives Growth in Rigid Food Containers Market
The global rigid food containers market is expected to grow at a compound annual growth rate (CAGR) of 4.8% from 2022 to 2032, with a valuation of US$ 195.7 billion in 2022. By 2032, it is projected that the market will reach US$ 314.2 billion. By the end of 2032, the top 3 nations in the world …
Recycled Paper Usage Fuels Paper Edge Protectors Market Expansion: Reach at a US$ 4.56 Billion by the End of 2033
The market for paper edge protectors is anticipated to grow at a significant CAGR of 4.5% and reach a valuation of US$ 4.56 billion by the end of the forecast period (2023 to 2033). The growth is likely to be driven by the increasing demand for the safe transportation of goods, especially from the pharmaceutical and food industries. One of the …
Rising Popularity of Freshly Crafted Beer Drives Growlers Market Growth, Reach at a US$ 726 Million by 2033
Global sales of the growlers market are estimated to reach US$ 556.2 million in the year 2023. The market is expected to be worth US$ 726 million by 2033, registering an average CAGR of 2.7% between 2023 and 2033. The growing market popularity of freshly crafted beer is on the rise, due to its freshness and scarce prevalence of preservatives. These attributes, along …
Composite Cardboard Tubes Market Driven by Surging Demand from eCommerce & Online Retail Sectors
The global composite cardboard tubes market is anticipated to reach a valuation of US$ 1.7 billion in 2023, driven by growing demand for luxury packaging. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 6.0% between 2023 and 2033, and reaching a total valuation of approximately US$ 3.1 billion by 2033. The rapid growth …