The global fast food containers market size reached US$ 45.5 Billion in 2021 and is likely to reach a valuation of US$ 47.5 Billion in 2022. Furthermore, with increasing usage across sectors such as hotels, restaurants, retail foods chains, and canteens, the overall fast food container sales are slated to grow at a CAGR of 5.3%, totaling US$ 79.8 Billion by 2032. The …
Category Archives: Packaging Facts
Nature’s Innovation: Exploring the Green Revolution of Cassava Bags in the Market by 2032
With a projected CAGR of 7.6% during the forecast period, the global cassava bags market is expected to witness substantial growth. By 2022, the market revenue is estimated to reach US$ 62.2 Million, and it is anticipated to further expand to US$ 129.4 Million by 2032, reflecting a significant revenue increase. The Rising Popularity of …
The Rising Demand for Shipping Industrial Chemicals Led to Increasing Bulk Bags, the Market by 2030
The Europe bulk bags market is set to experience substantial growth from 2020 to 2030, fueled by the rising demand for eco-friendly and sustainable packaging solutions across various industries, including agriculture, construction, chemicals, food, and beverage. Bulk bags, also known as flexible intermediate bulk containers (FIBCs), are specifically designed for storing and transporting bulk materials such …
Robust Growth Propels the Jumbo Bags Market to Reach US$ 9.9 billion by 2033
The jumbo bags market is poised for significant growth, with Future Market Insights (FMI) predicting it to reach a value of US$6.1 billion by 2023. In the following decade, the market is projected to maintain a compound annual growth rate (CAGR) of 4.2%, surpassing $9.9 billion by 2033. The widespread production and use of plastic …
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Surging Demand Drives the Beverage Crates Market to a Valuation of US$ 543.9 million by 2030
The beverage crates market is witnessing gradual growth, driven by the increasing demand for bottled water, beer, wine, fruit juices, and other beverages. Future Market Insights (FMI) predicts that the global beverage crates market will expand at a compound annual growth rate (CAGR) of 4.9% from 2022 to 2030, reaching a value of US$543.9 million. …
Expanding Horizons of the Anti-counterfeit Cosmetic Packaging Market with a Projected Worth of US$ 83.23 billion by 2033
The global anti-counterfeit cosmetic packaging market, which focuses on detecting and preventing fake products, is anticipated to witness strong compound annual growth at a rate of 8.9%. It is projected to grow from $35.48 billion in 2023 to $83.23 billion in 2033. Several factors contribute to the robust growth of the anti-counterfeit cosmetic packaging market …
Healthcare and Laboratory Labels Market to Experience Robust Growth, Expected to Reach US$ 14.89 billion by 2033, Driven by Increasing Focus on Safety and Compliance in Healthcare Sector
The global healthcare and laboratory labels market is projected to reach a value of US$14.89 billion by 2033, with a compound annual growth rate (CAGR) of 4.5% from 2023 to 2033. The market’s growth is primarily fueled by the increasing demand for pharmaceutical products and the introduction of new products in the healthcare industry. Among …
Collation Shrink Films Market to Witness Significant Growth, Projected to Surpass US$ 6.5 billion by 2030, Fueled by Growing Packaging Industry and Increasing Demand
The collation shrink films market is poised for robust growth, with a projected compound annual growth rate (CAGR) of 5.9% from 2022 to 2030. By 2030, the market is expected to reach a valuation of US$6.5 billion. This growth is primarily attributed to the increasing demand for collation shrink films across diverse industries, including food …
Labeling Equipment Market Poised to Reach a Value of US$ 6,011.9 million by 2033, Driven by Automation and Technological Advancements
In recent years, the labelling equipment market has witnessed rapid growth due to the increasing demand for labeling solutions across various industries including food and beverage, pharmaceuticals, and cosmetics. Labelling equipment refers to tools used for applying labels on goods or packaging, serving purposes such as branding, product identification, and compliance labeling. According to Future …
Polypropylene Packaging Films Market to Reach a Value of US$ 54022.3 million by 2033, Propelled by Growing Demand and Advancements in Packaging Industry
The polypropylene packaging films market is currently witnessing significant growth and is projected to reach a value of US$ 31,314.94 million in 2023 and US$ 54,022.3 million by 2033. This growth is driven by several factors, including the increasing focus on sustainability in consumer behavior. Consumers are now seeking packaging materials that are renewable, biodegradable, …