In 2022, the worldwide vaginal applicators market is expected to reach a valuation of approximately US$ 5.01 billion, with a projected compound annual growth rate (CAGR) of 5.5% from 2022 to 2032. The Asia-Pacific region has experienced a notable surge in the disposable income of its middle-class population, resulting in increased purchasing power. This socioeconomic …
Category Archives: Packaging Facts
The Scent of Success: Germany and Spain’s Perfume Packaging Markets, With An Impressive US$ 3.6 Billion By 2032 Globally | FMI Study
Anticipating a steady ascent, the global perfume pack market is set to witness growth at a Compound Annual Growth Rate (CAGR) of 4.7%, propelling its total market value from US$ 2.3 billion in 2022 to an impressive US$ 3.6 billion by the year 2032. Germany Leads in Perfume Packaging: The German perfume packaging market is …
Steel Containers Market Expected To Reach US$ 155.12 Billion In 2032: Regional Growth Dynamics and Projections | FMI Study
With a rapid pace of expansion, the global steel containers market is projected to achieve an impressive valuation of US$ 155.12 billion by the year 2032. Asia Pacific (Excluding Japan) – A Lucrative Steel Containers Market: The Asia Pacific Excluding Japan (APEJ) region is poised to become a highly profitable market for the steel containers …
Plant Based Packaging Market Growth: Industry Demands, Regional Insights, Size, Opportunities and Key Players by 2031
Global sales of Plant Based Packaging Market are on an upward trajectory, with an expected growth rate of 6.7% in 2021. However, the overall ten-year compound annual growth rate (CAGR) maintains a positive outlook from 2021 to 2031. The rise in demand for plant-based packaging can be attributed to several factors. Notably, plant-based packaging boasts …
Pharmaceutical Container Market Projected To Reach A Valuation Of US$ 172.4 Billion By 2033 | FMI Study
The global pharmaceutical container market is projected to reach a valuation of US$ 172.4 billion by 2033, with an estimated CAGR of 6.1% from 2023 to 2033, starting from its expected value of US$ 95.3 billion in 2023. Pharmaceutical containers are specially designed to meet the needs of the pharmaceutical sector and include containers like …
Wicketed Bagging Machines Market in Europe: Innovations Driving Growth, With An Estimated CAGR Of Approximately 4% To 5% By 2032
Embracing a steady rise, the global wicketed bagging machines market is projected to experience notable demand growth, with an estimated Compound Annual Growth Rate (CAGR) of approximately 4% to 5% throughout the assessment period from 2022 to 2032. Europe’s Promising Wicketed Bagging Machine Market: Future Market Insights anticipates Europe to be a highly opportunistic market …
Elastic Films Market: South Asia’s Feminine Hygiene Drive and North America’s Baby Care Boost by 2032 | FMI Study
Over the span of 2022 to 2032, the global elastic films market is expected to witness robust growth, with a steady compound annual growth rate (CAGR) ranging from approximately 6% to 7%. South Asia’s Elastic Films Market: Future Market Insights highlights South Asia as a highly lucrative market for elastic films from 2022 to 2032. …
Biodegradable Food Packaging Market Size Set to Reach US$ 355 Billion by 2033: Key Trends and Forecasts
The global biodegradable food packaging market size is poised for substantial growth, with an estimated market value of US$ 216.35 billion expected in 2023. Looking ahead, this market is anticipated to exhibit a commendable CAGR of 5.08% during the forecast period from 2023 to 2033, reaching a significant valuation of US$ 355 billion. During the …
Strapping Equipment Market Aiming To Surpass US$ 2.7 Billion By 2032: Riding the Wave of Indian Exports and Japanese Automotive Growth
The strapping equipment market witnessed robust growth in 2021, reaching a valuation of US$ 1.6 billion with a year-on-year growth of 4%. Projections indicate a steady rise in sales at a CAGR of 4.6%, aiming to surpass US$ 2.7 billion by 2032. Indian Exports Driving Demand: Data published by the Directorate General of Foreign Trade …
Rapid Growth Anticipated in the Bamboo Cups Market with a 14.7% CAGR through 2033 | FMI Study
The bamboo cups market is expected to grow significantly in the coming years. The size of the market is projected to be valued at US$ 48 Million in 2023 and is expected to rise to US$ 190 Million by 2033, with a significant CAGR of 14.7% during the forecast period. The growing demand for bamboo cups …