According to a recent market analysis published by Future Market Insights (FMI), the pharmaceutical cold chain packaging market is projected to experience a significant growth rate, with a compound annual growth rate (CAGR) of 14.8%. By 2033, it is estimated that the market will reach a value of US$ 60,100.9 million. The driving force behind this growth …
Category Archives: Packaging Facts
Plastic Corrugated Sheets Market Set to Reach $2.60 Billion by 2033, Driven by Versatile Applications and Lightweight Properties
According to a recent market analysis conducted by Future Market Insights (FMI), the plastic corrugated sheets market is poised to grow at a Compound Annual Growth Rate (CAGR) of 6.2%. By 2023, the market is projected to reach a value of US$1.42 billion, with an estimated value of US$2.60 billion by 2033. The market’s growth can be …
Steady Growth Ahead: Stretch Wrappers Market to Reach $710.4 Million by 2031, Driven by E-commerce Expansion and Demand for Automated Packing Solutions
The stretch wrappers market is forecasted to exhibit steady growth in the coming years, with a projected Compound Annual Growth Rate (CAGR) of 5.6% and an estimated value of US$710.4 million by 2031. This growth will be propelled by various factors, including the rapid expansion of the e-commerce sector, a rising demand for automated packing solutions, and …
Pharmaceutical Unit Dose Packaging Market to Reach $136 Billion by 2033, Driven by Emphasis on Product Traceability and Safety
Market projections indicate that the pharmaceutical unit dose packaging market is set to experience substantial growth, with an estimated value of $34.2 billion in 2023 reaching $136 billion in 2033. This represents a compound annual growth rate (CAGR) of 14.8%. The expansion of the market is primarily driven by the increasing importance placed on product traceability and …
Unveiling the Brilliance: Exploring the Retail Glass Packaging Market in Europe and Middle East and Africa by 2032
The Middle East and Africa retail glass packaging market is projected to witness steady growth with a CAGR of 6.2% by 2032. It is expected to experience a substantial increase in revenue from US$ 1.8 billion in 2022 to US$ 3.2 billion by the end of 2032. The retail glass packaging market in Europe is …
Protective Cushioning Redefined: Unveiling the Flourishing Packaging Peanuts Market by 2032
With a projected CAGR of 4.9% during the forecast period (2022 to 2032), the global packaging peanuts market is expected to witness significant growth. By 2022, the market is estimated to reach a valuation of US$ 1.3 billion, and it is anticipated to exceed US$ 2.1 billion in total sales by the end of 2032. …
Preserving Tradition: Exploring the Evolving Wine Cork Market by 2032, Evaluating US$ 92.2 Million at a CAGR of 4.5%
The global wine cork market is set to enjoy a valuation of US$ 59.3 Million in 2022, and further expand at a CAGR of 4.5% to reach US$ 92.2 Million by the year 2032. The Wine Cork Market refers to the industry involved in the production, distribution, and sale of wine corks. These small, cylindrical stoppers made …
Green Sealers: Pioneering the Sustainable Revolution in the Fiber Lids Market by 2032
By 2022, the global fiber lids market is projected to reach a valuation of US$ 41.8 Million, and it is anticipated to witness substantial growth at a CAGR of 5.6% throughout the forecast period, eventually reaching US$ 72.0 Million by 2032. Fiber lids are lightweight and versatile packaging solutions that are primarily used for sealing …
Embracing Sustainability: Exploring the Thriving Fiber-Based Packaging Market by 2032, Extend to US$ 437,124.3 Million
With a projected CAGR of 3.2% during the forecast period, the global fiber-based packaging market is expected to witness remarkable growth. By 2032, the market is anticipated to reach a valuation of US$ 437,124.3 Million, showcasing significant progress from its value of US$ 319,012.7 Million in 2022. The Fiber Based Packaging Market encompasses a wide …
Protecting Perfection: Unveiling the Growing High Barrier Film Packaging Market by 2033
By 2023, the global high barrier packaging films market is poised to exceed US$ 18.5 billion, demonstrating a steady CAGR of 3.9% during the forecast period from 2023 to 2033. With this growth trajectory, the market is anticipated to reach a substantial value of US$ 33.6 billion by 2033. High barrier film packaging is a …