As per a new report by Future Market Insights (FMI), the global wire harness tape market is likely to be valued at US$ 417.4 Mn by the end of 2033 from US$ 249.1 Mn in 2023. It is estimated to expand at a CAGR of 5.3% throughout the mentioned time frame. The automotive industry’s relentless pursuit of vehicle electrification, coupled with an increasing …
Category Archives: Packaging Facts
Food Grade Bottles Market Growth: Industry Size Rising to US$ 4.6 Billion by 2032
According to Future Market Insights, the global Food Grade Bottles Market is expected to reach US$ 3.0 Bn in 2022 and further grow at 4.3% CAGR between 2022 and 2032. Overall sales of food grade bottles are expected to total US$ 4.6 Bn by 2032. Rising demand for rigid containers such as bottles in the beverage industry along with design innovation by the food grade bottle …
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Raffia Tape Stretching Line Market: Growth Centers in Asia Pacific and Latin America, Forecast to 2027 | FMI Reports
Introduction In the fast-paced world of packaging and industrial materials, the Raffia Tape Stretching Line Market has emerged as a significant player. This market encompasses machinery and technology designed to produce high-quality raffia tapes, widely used in various applications, including packaging, agriculture, and construction. In this article, we will delve into the depths of the …
Global Carton Folding and Gluing Machine Market: Geographical Dynamics and Opportunities, Estimated To Reach A Value Of Nearly US$ 858.5 Million By 2032
During the forecast period spanning from 2022 to 2032, the carton folding and gluing machine market is expected to experience steady growth, with a moderate Compound Annual Growth Rate (CAGR) of 4%. The market share for carton folding and gluing machines is projected to increase substantially, reaching an estimated value of nearly US$ 858.5 million …
Tinplate Packaging Market Size Soars to US$ 240.22 billion by 2033: In Depth Industry Analysis
The global tinplate packaging market is poised for substantial growth, with a projected market value of US$ 156.65 billion in 2023. Over the forecast period from 2023 to 2033, the market is expected to exhibit notable expansion, reaching a market valuation of US$ 240.22 billion, characterized by a steady compound annual growth rate (CAGR) of …
Global Household Aluminum Foil Market Growth Drivers and Key Markets, Forecast to 2027 | Research By FMI
Introduction Welcome to the world of household aluminum foil, a versatile and indispensable product found in nearly every kitchen. Whether you use it to wrap leftovers, roast a turkey, or create fun DIY crafts, aluminum foil is a part of our daily lives. But there’s much more to it than meets the eye. In this …
Conical Bags Packaging Market Growth Driven by Granules and Powders Across Regions, Expected To Be Valued At US$ 193.5 Million By 2032 | FMI Reports
Conical bags packaging is set to witness a substantial surge in demand, with a projected compound annual growth rate (CAGR) of 7.5% during the forecast period. By 2032, the market is anticipated to reach a valuation of US$ 193.5 Million, exhibiting remarkable growth from its 2022 value of US$ 398.81 Million. The global conical bags …
Rotary Sealers Market: Dominance of North America and Western Europe, Forecast to 2027 | Research By FMI
A Closer Look at Rotary Sealers Market Rotary Sealers Market has been transforming the packaging landscape. What are Rotary Sealers, you ask? These are advanced packaging machines designed to efficiently seal various types of containers. Whether it’s for food, pharmaceuticals, or industrial applications, Rotary Sealers are becoming indispensable. The global rotary sealers market is poised …
Pharmaceutical Cold Chain Packaging Market in the US and Germany: A Comparative Overview, Anticipated To Reach US$ 60,100.9 Million By 2033 | FMI Reports
Newly released data by Future Market Insights (FMI) projects the global pharmaceutical cold chain packaging market to register a CAGR of 14.8% and to reach US$ 60,100.9 million by 2033.. The United States stands as a prominent hub for pharmaceutical and healthcare organizations, hosting numerous industry leaders. It also ranks among the thriving markets for temperature-sensitive healthcare …
Cap and Closure Market in South Korea and the UK: Embracing Sustainability Trends, Anticipated To Reach US$ 135.3 Billion By 2033 | FMI Reports
The cap and closure market is likely to hold a valuation of US$ 135.3 billion by 2033. As of 2023, the market value is estimated to reach US$ 79.8 billion. As the pharma industry foresees growth, the caps and closures market, too, is expected to grow by 5.4% from 2023 to 2033. South Korea’s Sustainable …