In 2023, it is expected that the global Panel Level Packaging Market will be worth US$ 2.1 billion. By 2033, the market is projected to be worth about US$ 8.5 billion. It is anticipated to increase at an astounding rate of 14.9% CAGR from 2023 to 2033. Field-programmable gate arrays (FPGA), central processing units, graphics processing units, …
Category Archives: Packaging Facts
Europe Molded Fiber Pulp Packaging Industry Size Projected to Reach US$ 4.5 Billion by 2033: In Depth Analysis
According to Future Market Insights, Europe Molded Fiber Pulp Packaging Industry is estimated to be valued at US$ 2.6 billion in 2023. Total molded fiber pulp packaging sales across Europe are poised to surge at 5.7% CAGR between 2023 and 2033, taking the overall market valuation to US$ 4.5 billion by 2033. European firms are increasingly utilizing packaging solutions made from materials such …
Filtration Paper Market Size Projected to Reach US$ 3.6 Billion by 2032: In Depth Industry Analysis
In 2022, the global filtration paper market is poised to achieve a valuation of US$ 2.3 Billion, and it is anticipated to maintain a consistent growth trajectory, with a projected 4.6% CAGR, culminating in a market worth US$ 3.6 Billion by 2032. These specialized papers serve as essential purification tools in various research applications within the aforementioned …
Cable Trays Market Size Projected to Reach US$ 7.2 Billion by 2032: In Depth Industry Analysis
The global cable trays market is poised for substantial growth, with an expected valuation of US$ 4.7 billion in 2022. It is projected to maintain this growth momentum, expanding at a robust compound annual growth rate (CAGR) of 4.4% to reach a remarkable US$ 7.2 billion by 2032. Notably, the sales of cable trays are anticipated to …
Pillow Pack Packaging: Aesthetic Appeal Drives North American and Western European Adoption Forecast Up to 2027 | FMI
Introduction In today’s rapidly evolving world, the packaging industry is continuously seeking new ways to provide sustainable and visually appealing solutions. Among these innovations, the Pillow Pack Packaging Market stands out as an eco-friendly, versatile, and cost-effective option. This article delves into the details of Pillow Pack Packaging and explores the various trends and advancements shaping the …
Wet Glue Labelling Machines Market in Europe: Brewing Boom Spurs Growth, Anticipated To Reach US$ 7.2 Billion By 2032 | FMI Reports
According to a Future Market Insights report, the wet glue labeling machines market is projected to experience a steady 6% value Compound Annual Growth Rate (CAGR) from 2022 to 2032. The market is estimated to be valued at close to US$ 4 billion by the conclusion of 2022, and it is further expected to see …
Aluminum Beverage Bags Market: North America Leads in Growth, Expected To Cross US$ 76 Billion By 2032 | FMI Reports
The global market for aluminum beverage bags is projected to experience a steady Compound Annual Growth Rate (CAGR) of 4.5% throughout the forecast period. In 2022, it generated a revenue of approximately US$ 53 billion, and it is anticipated to surpass US$ 76 billion by 2032. The North American market is poised to exert a …
Insert Trays Market: Asia Pacific’s Rapid Growth Forecast Up to 2027 According to FMI Research
Insert Trays Market: A Brief Overview Before we dive into the intricacies, let’s grasp a quick understanding of the Insert Trays Market. Insert trays, also known as packaging trays, are designed to protect, store, and organize products during transit or display. They play a crucial role in various industries, including electronics, pharmaceuticals, food, and automotive, among …
Sorter Machines Market: Europe Takes the Lead in Market Share, Anticipated To Reach Us$ 7.58 Billion In 2032 | FMI
The sorter machines market is likely to register a CAGR of 5.9% during the forecast period, and is anticipated to reach a market share of US$ 7.58 Billion in 2032, from US$ 3.81 Billion in 2020, due to its capability to increase productivity through high capacity sorting. Europe is poised to lead the sorter machine market during the projected period, driven by …
Tipping Foils Market: North America’s Rapid Growth and Opportunities, Exhibit Growth At A CAGR Of Nearly 2% To 3% By 2032
The global tipping foils market is expected to experience a steady growth rate, with a CAGR of approximately 2% to 3% over the forecast period from 2022 to 2032. The rising trend among consumers to embrace high-security personal identification cards and contactless interfaces has led to a growing adoption of smartcards, driving the demand for …