The speciality films market is poised for rapid growth, with a projected compound annual growth rate (CAGR) of 4.9% between 2022 and 2026. The increasing demand for speciality films, particularly in the food and pharmaceutical packaging sectors, is a significant driver behind this expansion. Barrier films, a type of speciality film, offer enhanced protection against …
Category Archives: Packaging Facts
Metalized Barrier Films Market Poised to Exceed US$ 3,463.1 million by 2032, Driven by Rising Demand for Sustainable Packaging Solutions
According to the provided information, the global metalized barrier films market was valued at US$1.9 billion in 2021. It is projected to grow at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2032, reaching a value of US$3.47 billion by the end of 2032. The expansion of the metalized barrier films market …
Rapid Surge in Bag-in-Tube Market Expected to Reach US$ 17.8 Million by 2029
According to a report by Future Market Insights, the bag-in-tube market is poised for substantial growth, particularly in the wine packaging sector. The report forecasts a remarkable compound annual growth rate (CAGR) of over 13.1% for the global bag-in-tube market between 2022 and 2029. The increasing popularity of bag-in-tube packaging can be attributed to several …
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Explosive Growth Projected for Gummed Tapes Market, Surpassing US$ 1.9 Billion by 2031
The gummed tapes market is predicted to exhibit a robust compound annual growth rate (CAGR) of approximately 6.2% from 2021 to 2031. This growth indicates a substantial expansion of the market, with gummed tape sales expected to nearly triple during the same period. Gummed tapes, also referred to as water-activated tapes, are adhesive tapes widely …
Efficiency and Sustainability Unleashed: Form-Fill-Seal (FFS) Films Market to Exceed US$ 44196.57 million by 2033
The form-fill-seal films market is projected to undergo substantial growth in the foreseeable future, with estimations suggesting it will reach a value of US$ 26,875.8 million in 2023 and US$ 44,196.57 million in 2033. This growth is primarily attributed to the increasing demand for form-fill-seal films across various industries, including cosmetics, personal care, and pharmaceuticals. The pharmaceutical …
Unleashing Innovation: Packaging Foam Market Projected to Reach US$ 12.3 billion by 2033
The packing foam market was estimated to be worth US$ 6.6 billion in 2022, and it is anticipated to grow at a CAGR of 5.7% from 2022 to 2026. Given the growing demand for electronic goods and the increasing use of protective packaging, the electronics industry is anticipated to be the biggest consumer of packing foam. The …
Redefining Protection and Style: Consumer Electronics Packaging Market to Surpass US$ 35.4 billion by 2027
The consumer electronics packaging market is experiencing significant growth and is projected to increase from US$ 22.2 billion in 2022 to US$ 35.4 billion in 2027, with a compound annual growth rate (CAGR) of 9.8% over that period. According to an analysis by Future Market Insights (FMI), the consumer electronics packaging sector generated $20.2 billion in sales …
Explosive Growth Expected: Pulp Molding Machines Market to Reach US$ 1.1 billion in 2033
The pulp molding machine market is projected to reach a valuation of US$ 740.5 million in 2023 and is expected to grow at a CAGR of 3.7% to reach a valuation of US$ 1.1 billion by 2033. The market growth is driven by the increasing demand for eco-friendly and sustainable packaging solutions. One of the key factors …
Revolutionizing Packaging: Thin Wall Plastic Containers Market Soars to US$ 55.53 billion by 2031
According to Future Market Insights (FMI), the thin-walled plastic containers market is estimated to be valued at US$32.2 billion in 2021. Over the period from 2021 to 2031, the global sales of thin wall plastic containers are expected to grow at a compound annual growth rate (CAGR) of 5.6%. The dominance of North America in the thin-walled …
Fueling Growth and Innovation in the Jerry Cans Market, Anticipated to Reach US$ 3.5 billion by 2033
According to Future Market Insights (FMI), the global jerry cans market is projected to experience a significant compound annual growth rate (CAGR) of 4.6% from 2023 to 2033. This growth is attributed to several factors, with the increasing use of oil and lubricants being a major driver for the expansion of the jerry can industry. The demand …