The global hermetic jars market is anticipated to grow significantly, with a projected value of USD 4.9 billion by 2031, up from USD 2.9 billion in 2021. Driven by an increasing compound annual growth rate (CAGR) of 5.3% over the forecast period, hermetic jars are rapidly becoming the preferred choice for consumers and industries alike, …
Category Archives: Packaging Facts
Global 2 Seal Pouches Market Surges to Reach USD 27.2 Billion by 2031, Driven by Demand for Versatile and Cost-Effective Packaging Solutions
The global market for 2 seal pouches is poised for significant expansion, with sales estimated at USD 15.8 billion in 2021 projected to reach USD 27.2 billion by 2031. This growth, supported by a compound annual growth rate (CAGR) of 5.6%, highlights the rising demand for effective, compact packaging solutions that meet the needs of …
Global Vacuum Chamber Pouches Market Soars, Projected to Reach USD 3.2 Billion by 2031 Amid Rising Demand in Food & Beverage Sector
The global vacuum chamber pouches market reached a valuation of USD 1.9 billion in 2021 and is projected to expand to USD 3.2 billion by 2031, growing at a CAGR of 5.5% from 2021 to 2031. Increasing demand from the food & beverage industry has driven sales of these pouches, which are expected to reach …
Dual Flap Dispensing Closure Market to Reach USD 576.8 Million, Globally by 2033 at 4.2% CAGR: Future Market Insights, Inc.
The net revenue generated by the utilization of dual flap dispensing closures for packaging was around USD 369.7 million in 2022. Furthermore, the revenue estimates for the global dual flap dispensing closure industry are pegged at USD 382.3 million in 2023. Dual flap dispensing closure sales are expected to flourish at a CAGR of 4.2% from 2023 …
Fibre Film Market to Reach USD 846.85 Million, Globally by 2033 at 4.1% CAGR: Future Market Insights, Inc.
The fibre film market is forecasted to exhibit a 4.1% CAGR through 2033. The industry’s size is predicted to increase from USD 566.62 million in 2023 to USD 846.85 million by 2033. Fibre film is the holy grail of the flexible film industry. The unique construction of fibre films with polymer fibre technology allows it to deliver …
Global HDPE Crate Market is Expected to Generate USD 1.9 Billion by 2033: Future Market Insights, Inc.
The HDPE crate market foresees its current market valuation at USD 1.4 billion in 2024 and is predominantly considered to surge at a valuation of USD 1.9 billion by 2034, projected at a CAGR of 3%. The boom in the e-commerce sector is augmenting the HDPE crate market. With the rightward push in online shopping, a magnified …
According to FMI Wooden Crate Market Size, Forecast, Analysis and Share Surpass USD 1.5 Billion| 2034, At 3.5% CAGR
The global wooden crate market will reach a valuation of US$ 1.1 billion in 2024, driven by culinary innovation and chef endorsements. The trend is set to create new opportunities for the market, leading to a projected CAGR of 3.5% between 2024 and 2034, and reaching a total valuation of approximately US$ 1.5 billion by 2034. As …
Hinged Lid Tins Market is Predicted to Reach USD 10.8 Billion, Globally by 2032 at 3.7% CAGR: Future Market Insights, Inc.
The global hinged lid tins market is set to experience significant growth over the next decade, with the market size projected to reach USD 10.8 billion by 2032, according to industry reports. The market is expected to exhibit a compound annual growth rate (CAGR) of 3.7% between 2022 and 2032. In 2022, the market is estimated to …
Oral Dosage Powder Packaging Machines Market Expected to Grow to USD 687.4 Million by 2031
The global market for oral dosage powder packaging machines is estimated to be valued at USD 501.7 million in 2021 and is projected to reach USD 687.4 million by 2031. This growth translates to a compound annual growth rate (CAGR) of 3.2% over the forecast period from 2021 to 2031. The revenue generated in 2020 …
Plastic Caulk Tube Market Forecasted to Reach USD 5.7 Billion by 2031 Driven by Construction and Renovation Demand
The global plastic caulk tube market, valued at USD 3.3 billion in 2021, is projected to grow at a CAGR of 5.5%, reaching USD 5.7 billion by 2031. The market is experiencing robust growth driven by the expansion of construction and renovation activities, as well as the need for convenient and durable adhesive and sealant …