In the past decade, the packaging and food sectors have experienced remarkable growth in both developed and developing countries. Food, being an essential source of nutrients for sustaining life and growth, is susceptible to contamination and degradation at various stages of the food chain—chemical, physical, or biological. Contamination of food can lead to food poisoning, …
Category Archives: Packaging Facts
Addressing Packaging Waste Crisis: Global Efforts to Curb Plastic, Paper, Glass, and Metal Waste Drive Sustainable Packaging Solutions
The packaging waste recycling market is an industry that aims to reduce waste and promote sustainability by collecting, sorting, processing, and recycling various types of packaging materials. These materials include paper, cardboard, plastic, glass, and metal from consumer goods, commercial packaging, and industrial packaging. In recent years, the market for recycling packaging waste has experienced …
Rapid Surge in Bag-in-Tube Market: Expected to Reach US$ 17.8 Million by 2029, Driven by Strong CAGR of 13.1% and Growing Demand in Asia Pacific and Western Europe
The bag-in-tube market is projected to experience substantial growth, particularly in the wine packaging sector, according to a report by Future Market Insights. The global bag-in-tube market is forecasted to achieve a remarkable compound annual growth rate (CAGR) of over 13.1% between 2022 and 2029. The rising demand for bag-in-tube packaging can be attributed to several factors. …
Global Duct Tape Market to Reach US$ 7.27 Billion by 2032, Driven by Wide Range of Applications and Technological Advancements in Lightweight Materials
The duct tape market is anticipated to experience consistent growth, with an average compound annual growth rate (CAGR) of 5.1% between 2022 and 2032. This growth can be attributed to several factors that drive the demand for duct tape across various industries and among different consumer groups. The construction industry plays a pivotal role in the expansion …
Expanding Global Pharmaceutical Packaging Market to Surpass US$ 206.6 billion by 2033, Fueled by Rising Demand for Product Protection and Preservation
According to Future Market Insights, the global pharmaceutical packaging market is poised for significant growth in the coming years. This growth is primarily driven by the projected increase in pharmaceutical sales, which is fueled by factors such as rising disease prevalence and growing health awareness. A notable trend in the pharmaceutical packaging industry is the development of …
Technological Advancements Drive Global Stretch Films Market to Reach US$ 3.7 Billion by 2030, Fueled by Growing Demand for Flexible Packaging Formats
According to a report by Future Market Insights, the stretch film market is expected to experience gradual expansion between 2022 and 2030, with a compound annual growth rate (CAGR) of 4.7%. By the end of this period, the market is projected to reach a value of US$ 3.7 billion. The growth of the stretch film market can …
Global Intermediate Bulk Container (IBC) Market Set to Surpass US$ 46.2 Billion by 2033, Driven by Rising Demand Across Industries and Cross-Border Trade Expansion
According to Future Market Insights, the global intermediate bulk container (IBC) market is expected to experience significant growth, with a rise in market value from US$ 23.8 billion in 2023 to US$ 46.2 billion by 2033. The demand for IBCs is projected to grow at a compound annual growth rate (CAGR) of 6.9% during the period from …
Driving Efficiency and Protection: Exploring the Intermediate Bulk Container (IBC) Liner Market
Introduction The Intermediate Bulk Container (IBC) Liner Market is a rapidly growing industry that has revolutionized the way bulk liquids are packaged and transported. With its innovative design and advanced features, IBC liners offer a cost-effective and efficient solution for various industries, including chemicals, food and beverages, pharmaceuticals, and more. In this article, we will …
Unbleached Softwood Kraft Pulp Market: Sustainable Solutions and Emerging Opportunities
Introduction In today’s environmentally conscious world, the demand for sustainable and eco-friendly products is on the rise. Industries are actively seeking alternatives that reduce their carbon footprint without compromising on quality and performance. One such solution that has gained significant attention is unbleached softwood kraft pulp. This article dives deep into the Unbleached Softwood Kraft …
Exploring the Thriving Precision Stainless Steel Market: Key Trends and Growth Opportunities
Introduction In today’s rapidly evolving industrial landscape, the demand for precision stainless steel has been on the rise. The Precision Stainless Steel Market plays a crucial role in meeting the diverse needs of industries ranging from automotive to aerospace. This article explores the intricacies of the market, its growth prospects, and the unparalleled advantages it …