According to FMI’s analysis, the kegs market would expand at a CAGR of 4.5% during the forecast period. The estimated market size for the sector is expected to rise from US$ 939 Million in 2023 to US$ 1.5 Billion by 2033. Kegs have played an essential role in the beverage industry for centuries. They offer a practical …
Category Archives: Packaging Facts
Sustainable Solutions: Exploring the Growing Market of Compostable & Biodegradable Refuse Bags by 2033
The compostable & biodegradable refuse bags market is predicted at a valuation of US$ 318.1 million in 2023 and is expected to reach US$ 653.0 million by 2033. The market is likely to register a CAGR of 7.5% during the forecast period. The increasing demand for eco-friendly plastic alternatives and pollution control favors the adoption …
Covering with Confidence: Unveiling the Market Potential of Tarpaulin Sheets for Versatile Protection by 2033
According to Future Market Insights’ latest report, the global tarpaulin sheets market is projected to reach a massive valuation of US$ 13.0 billion in 2033, with overall sales exhibiting a CAGR of 4.7% throughout the assessment period. In 2023, the overall market size is estimated to touch a valuation of US$ 8.1 billion. Increasing demand …
Elevating Aesthetics: Exploring the Vibrant Heat Transfer Films Market for Enhanced Surface Decoration by 2028
It is predicted that the market for heat transfer films would develop at a CAGR of 5.9% from 2022 to 2028, reaching US$ 2.3 billion by 2022. The need for heat transfer films is rising across a range of end-use sectors, including textiles, automotive, and packaging, which is driving the market. Heat Transfer Films Market: A Brief …
Securing Efficiency: Unveiling the Pallet Stretch Wrapping Machines Market for Effective Packaging Solutions by 2027
The market for pallet stretch wrapping machines is estimated to be worth USD 412.5 million in 2022 and to grow to USD 509.9 million by 2027 at a CAGR of 4.3%. Pallet stretch wrapping machines are automated devices designed to securely wrap palletized loads with stretch film. They efficiently secure goods on pallets, preventing shifting, damage, and …
Safeguarding Goods on the Move: Navigating the Transit Packaging Market by 2033, Securing 13% of CAGR With US$ 239.5 billion
The CAGR for the growth of the worldwide transit packaging market is predicted to be 13%. By 2033, the market valuation is anticipated to have increased from US$ 70.86 billion to US$ 239.5 billion. Transit packaging refers to the protective materials and techniques used to safeguard products during transportation. Its primary goal is to minimize the risk …
Revolutionizing Coffee Convenience: Unveiling the Thriving Coffee Capsules Market and its Brewing Success by 2033
The global coffee capsules market is expected to grow significantly, with a projected value of US$ 243.3 million in 2023, increasing to US$ 396.3 million by 2033. The demand for coffee capsules is driven by various factors. Consumers are drawn to the convenience and ease of use that coffee capsules offer, allowing them to quickly …
Versatile and Sustainable: Exploring the Growing Demand and Innovations in the PET Packaging Market by 2033
The market for PET packaging is anticipated to be worth US$ 81.2 billion in 2023 and US$ 130.4 billion by 2033. Throughout the projection period, PET packaging sales are anticipated to grow at a CAGR of 4.9%. The PET Packaging Market is experiencing significant growth due to its excellent properties, such as transparency, lightweight, and recyclability. Let’s …
The Backbone of Logistics: Unveiling the Dynamic Pallets Market and its Essential Role in Supply Chain Management by 2033
According to the global pallets market survey report by FMI, the market reached a valuation of US4 6,036 million back in 2022. As per the new market analysis report, the total sales of pallets in the year 2023 are estimated to be around US$ 6,386.1 million. Throughout the forecast years from 2023 to 2033, the …
Hanging Elegance: Unraveling the Stylish and Versatile Hang Tags Market for Branding and Product Identification by 2033
The hang tags market is predicted to be worth US$ 1,861.0 million in 2023 and rise to US$ 3,148.8 million by 2033. Demand initially expanded at a market CAGR of 3.3% between 2018 and 2022. The visual appearance and finishing of hang tags are significantly influenced by the print quality. Printing on hang tags enhances …