The global barrier coatings in packaging market is poised to witness substantial growth, with an estimated valuation of US$ 11.1 billion by the end of 2023 and a projected valuation of US$ 28.8 billion by 2033. This growth is primarily driven by several factors. Firstly, there is a growing demand for high-quality packaging materials, particularly in the …
Category Archives: Packaging Facts
Transport Packaging Market Set to Reach US$ 42.76 Billion by 2032, Driven by Growing Emphasis on Safe Shipping and Supply-Demand Chain Protection
Packaging is required for the supply-demand chain as it can protect the goods from contamination during transportation and warehousing. In recent times, providing safe transportation has become an important aspect of packaging. Transport packaging mainly focuses on the packaging requirements for goods while they are transit, particularly while traveling by road or rail overland. As a result, …
Roll Forming Machines Market Poised to Reach US$ 16.76 Billion by 2032, Fueled by Rising Demand from the Packaging and Automobile Industries
The roll forming machines market has experienced significant growth recently, fueled by demand from industries such as automotive, construction, and manufacturing. These machines shape metal sheets or strips into specific forms with high accuracy and repeatability. The market is projected to grow at a value CAGR of 4.3% through 2032, reaching approximately US$416.76 billion, with an expected …
Global Wine Bags Market Surges to US$ 192.1 Mn by 2032, Driven by Sustainable Paper Material
The global wine bags market is expected to experience significant growth in the coming years, according to Future Market Insights (FMI) research. With a projected market valuation of US$118.4 million in 2021, the market is forecasted to achieve a compound annual growth rate (CAGR) of 4.5% and reach US$192.1 million by 2032. The demand for wine bags …
From Waste to Wonder: Exploring the Thriving Shredded Paper Filler Market by 2033
In 2023, the market for shredded paper filler is projected to reach a market value of $2.49 billion, and by 2033, it is projected to reach a market value of $5.2 billion, growing at a 7.6% CAGR. Sustainability has become a key consideration for businesses across industries. The Shredded Paper Filler Market provides an environmentally friendly packaging …
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Shining Strength: Unveiling the Growing Aluminum Bottles Market by 2033, Reaching US$ 72.4 billion
A detailed study on Aluminum Bottles market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future. The market for aluminium bottles is projected to reach a value of US$ 47.88 billion in 2023 …
Sealing Convenience: Unveiling the Growing Press-to-Close Zippers Market by 2029
A detailed study on Press-to-Close Zippers market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future. Press-to-close zippers, also known as press-and-seal zippers or slide seal zippers, are a revolutionary fastening solution that …
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Clearing the Air: Investigating the Dynamic Cigarette Filters Market in Next Ten Years
A detailed study on Cigarette Filters market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future. The cigarette filters market plays a crucial role in the tobacco industry, providing consumers with an additional …
Eco-Friendly Hydration: Exploring the Flourishing Biodegradable Water Bottles Market in Upcoming Years
The Rise of Biodegradable Water Bottles Market The Need for Sustainability As the global population continues to grow, so does the consumption of plastic products. Plastic bottles, in particular, contribute significantly to the ever-growing problem of plastic waste. These bottles take hundreds of years to decompose, causing severe environmental damage. The need for sustainable alternatives …
Trays Market to Reach $31.5 Billion by 2032, Driven by Strong CAGR and Growing Value Share in the Global Packaging Market
Trays are widely used as primary packaging materials due to their affordability, lightweight nature, durability, and suitability for various industries such as food chains, restaurants, and pharmaceuticals. These factors are the key drivers of growth in the trays market. The global tray market is projected to expand at a compound annual growth rate (CAGR) of 7.3% during …