The digital printing packaging industry is experiencing remarkable growth, with a projected value of US$17,760.7 million by 2022 and US$29,206.9 million by 2032, boasting a CAGR of 5.1%. This impressive expansion is primarily fueled by the increasing demand for flexible packaging, driven by factors such as the adoption of digital printing technology, the growing desire …
Category Archives: Packaging Facts
Global Dunnage Packaging Market Set for Impressive Growth at a CAGR of 5.9% during 2023-2033, Creating Significant Incremental Opportunity
The global dunnage packaging market has been experiencing steady growth and is expected to continue expanding in the future. In 2022, the market’s value reached US$ 3.9 billion, and it is projected to reach US$ 6.8 billion by 2032, with a compound annual growth rate (CAGR) of 5.8% from 2022 to 2032. Dunnage packaging offers …
Global Anti-Counterfeit Packaging Market to Witness Impressive Growth Driven by Pharmaceutical Industry Adoption and Rising Consumer Awareness
The global anti-counterfeit packaging market is experiencing remarkable growth, with a projected value of US$ 137.4 billion in 2022 and a robust compound annual growth rate (CAGR) of 11.9%. By 2032, the market size is expected to soar to US$ 422.8 billion. The increasing adoption of anti-counterfeiting packaging solutions by brand owners is a key …
Growing Consumer Demand for Convenience Foods Drives Global Baking Molds & Trays Market Expansion
The baking trays and moulds market is expected to experience substantial growth, with an estimated value of US$ 840.9 million in 2023, projected to reach US$ 1,520.3 million in 2033, reflecting a 6.1% compound annual growth rate (CAGR) over the foreseeable future. The increasing popularity of convenience foods is a primary driver behind this expansion, …
Rising Demand for Eco-Friendly Pyramid Tea Bags Drives Growth in the Global Market
According to a report by Future Market Insights, the pyramid tea bags market is expected to undergo consistent growth from 2023 to 2033, with a projected compound annual growth rate (CAGR) of approximately 4.5%. The increasing popularity of ready-to-drink tea and the awareness of the health benefits associated with tea are key drivers behind the …
Global Stick Packaging Market to Reach US$2.0 Billion by 2032, Driven by Growing Demand for Single-Serve Powder Products
According to a study by FMI, the global stick packaging market is projected to grow steadily at a Compound Annual Growth Rate (CAGR) of 4.7% from 2022 to 2032, with sales reaching US$2.0 billion by 2032, up from US$1.3 billion in 2022. The top 5 companies are estimated to hold around 20-25% of the market …
Going Strong: Global BOPA Films Market to Reach $1.6 Billion by 2030 Driven by Diverse End-Use Industries
The BOPA films market is expected to grow steadily at a rate of 5.3% from 2022 to 2030, reaching a market value of approximately US$1.6 billion. Composed of biaxially oriented polyamide, these films offer numerous advantages, including lightweight, environmental friendliness, and excellent product protection during transportation. They are particularly suitable for packaging perishable goods, extending …
Rising Demand for Efficient Packaging: Global Micro Flute Paper Market to Reach $4.37 Billion by 2033
The global micro flute paper market is anticipated to witness substantial growth, with a steady CAGR of 5.1% expected from 2023 to 2033. By 2033, the market is projected to reach approximately US$ 4,371.51 million, compared to US$ 2,658.3 million in 2023. This growth is primarily driven by the increasing demand for micro flute paper …
Striking Growth Ahead: Global IV Infusion Bottle Seals & Caps Market Projected to Reach $283.9 Million by 2033
The IV infusion bottle seals and caps market is set to grow steadily at a CAGR of 5.4% from 2023 to 2033, reaching a value of US$ 283.9 million. This growth is fueled by several factors, including the aging population, increased per capita health spending, and rising demand for parenteral packaging solutions. The prevalence of …
Sustainable Packaging Solutions Drive Global Form-Fill-Seal Films Market to Reach $44.2 Billion by 2033
Form-Fill-Seal Films Market Set for Robust Growth: Driven by Pharma, Cosmetics, and Eco-Friendly Packaging Demand The form-fill-seal films market is poised for significant expansion, with projected valuations of US$26,875.8 million in 2023 and US$44,196.57 million in 2033. The growth is primarily fueled by surging demand in industries like cosmetics, personal care, and pharmaceuticals, with a …