The global cans market is on a trajectory of substantial growth, with a projected market size of US$ 54.23 billion by 2033, driven by a robust compound annual growth rate (CAGR) of 3.9%. This remarkable expansion showcases the growing demand for cans across various industries, including food and beverages, and underscores the industry’s resilience and …
Category Archives: Packaging Facts
Sealing Freshness: The Growing Global Market for Food Clamshells, Projected to Reach US$ 2.46 Billion by 2033 with 4.6% CAGR
In 2023, the global food clamshells market is expected to be worth US$ 1.57 billion. Food clamshell demand is expected to climb at a 4.6% CAGR between 2023 and 2033, hitting US$ 2.46 billion by 2033. RFID labels and QR codes are increasingly used on food clamshells because they simplify product tracing and tracking. Intelligent packaging …
Direct Thermal Printing Films Market: Printing Profits in a Growing Retail World by 2033
The global direct thermal printing films market is estimated to secure a valuation of US$ 219.76 million in 2023 and reach US$ 328.44 million by 2033. The global market is anticipated to capture a CAGR of 4.1% during the forecast period. How are Manufacturers Bringing New Opportunities in the Global Market? Manufacturers bring new opportunities …
Elevating Retail Excellence: Floor Displays Market Set to Surpass US$ 4,390.5 Million by 2033 with 5.4% CAGR
In 2023, the market for floor displays is projected to reach a value of US$ 2,594.8 million. By 2033, it is anticipated that the market would have grown at a CAGR of 5.4%, with a closing value of US$ 4,390.5 million. The industry expanded at a value CAGR of 4.7% over the historical period from …
Banding Machines Market Gains Momentum, predicted to Reach US$ 7.79 Billion by 2033 with 4.7% Growth
In 2023, it’s predicted that the market for banding machines would be worth about $4.92 billion. Additionally, the market value for banding machines is expected to reach US$ 7.79 billion by 2033 due to growing adoption from sectors including food & beverage, electronics, e-commerce, logistics, pharmaceuticals, etc. The overall demand for banding machines is predicted …
Elevating Packaging Solutions: Pre-Printed Tape Market on Track to Reach US$ 55.4 Billion by 2033 with 3% CAGR
The global pre-printed tape market is anticipated to reach a value of US$ 41.2 billion in 2023 and is expected to grow at a CAGR of 3% from 2023 to 2033, according to FMI Analysts. By the conclusion of the projected period in 2033, the global market share is anticipated to reach US$ 55.4 billion. …
Global Track and Trace Packaging Market Set to Reach US$ 4,204.65 Million by 2033 with 5.7% CAGR
With a predicted CAGR of 5.7% from 2022 to 2032, the global track and trace packaging market is expected to reach US$ 4,204.65 million in value by 2033, up from US$ 2,415.35 million in 2023. A major worry across many industrial sectors worldwide is preventing the counterfeiting of delicate and vulnerable items, and this is …
Chilling Growth Prospects: Cold Form Foil Market to Double in Size, Reaching US$ 5.1 Billion by 2033 with a 6.1% CAGR
The market for cold form foil is anticipated to rise from US$ 2.8 billion in 2023 to US$ 5.1 billion by 2033, exhibiting a CAGR of 6.1% over the course of the forecast period. Because cold-form foil has a high compliance rate, the packaging requirements for the pharmaceutical business have a significant impact on the …
Industrial Pails Market: Packaging Solutions for Durability and Efficiency, Achieve A Substantial Worth Of US$ 12.1 Billion by 2032
Introduction In the world of industrial packaging, the Industrial Pails Market stands as a crucial player, offering a versatile and reliable solution for various businesses. These robust containers are vital for the storage and transportation of liquids, powders, and other materials across a wide range of industries. In this comprehensive guide, we will delve deep into the …
Transit Packaging Market: Safeguarding Goods for a Seamless Journey, Surpassing US$ 239.5 Billion By 2033
Introduction Transit Packaging Market has evolved significantly over the years, becoming an indispensable part of the logistics and supply chain industry. Its primary purpose is to protect products during transportation, ensuring that they arrive at their destination in perfect condition. Let’s explore this market in detail and understand how it contributes to the seamless movement of …