The global VCI paper market is likely to be valued at US$ 600.3 million in 2022 and is predicted to secure a sluggish CAGR of 1.5% through 2032. The sales of VCI paper are expected to grow at a value of US$ 696.5 million by 2032. VCI paper, also known as anti-corrosion paper, is a specially treated packaging material designed to inhibit corrosion …
Category Archives: Packaging Facts
Packaging Supplies Market: Robust Growth Expected, Valued at US$ 399.5 billion by 2032, Fueled by Rising Demand for Safe and Sustainable Packaging Solutions
As per the study at FMI, the packaging supplies market is valued at US$ 248 billion in 2022 and is expected to reach US$ 399.5 billion by 2032, growing at a 4.9% CAGR. The new markets penetrating through the e-retail spaces, enlarging their spaces in the new marketplaces consumes carious type of packaging according to the product. Packaging supplies vendors focus …
Thriving Trays Market: Global Industry to Reach US$ 31.5 Billion by 2032, Driven by Increasing Demand for Convenient and Eco-Friendly Packaging Solutions
Trays are a common primary packaging material since they are inexpensive, lightweight, and long-lasting and can be used by food chains, restaurants, pharma, etc. These are primary drivers in the trays market. During the forecast period (2022 to 2032), the worldwide tray market is anticipated to expand at a CAGR of 7.3%. According to projections, the …
Stretch Sleeve Labels Market: Projected to Expand at a CAGR of 7.1% and Reach US$ 11.8 Billion by 2032, Driven by Growing Demand for Innovative and Sustainable Packaging Solutions
The stretch sleeve labels are the specific type of ready-to-use labels which are applied to the containers without the use of any adhesives. These stretch sleeve labels are made from different plastic materials based on their requirements such as polythene terephthalate glycol (PETG), and others. These labels have wide applications in various industries such as food, beverage, …
Combatting Counterfeits: Anti-counterfeit Packaging Market to Reach US$ 422.8 Billion by 2032, Fueled by Rising Concerns of Product Authentication and Consumer Safety
The global anti-counterfeit packaging market is slated to top US$ 137.4 Bn in 2022. With a favourable demand outlook, sales are projected to increase at a robust 11.9% CAGR, pushing the market size to US$ 422.8 Bn by 2032. To maintain the integrity of the original manufactured product throughout the supply chain, brand owners are adopting anti-counterfeiting packaging solutions. Anti-counterfeit packaging can …
Revolutionizing Healthcare: Drug Delivery Solutions Market Set to Surpass US$ 181.9 billion by 2031, Propelled by Advanced Technologies and Patient-Centric Approaches
The global drug delivery solutions market size was valued at US$ 94.3 Bn in 2021 and is projected to reach US$ 181.9 Bn by the end of 2031, exhibiting growth at 6.8% CAGR between 2021 and 2031. Expansion of healthcare industry and need for solutions to control the loss in financials caused due to counterfeiting practices is …
Metallized PET Cartons Market: Booming at a CAGR of 4.5% to Reach US$ 288.1 million by 2033, Driven by Growing Demand for Attractive and Sustainable Packaging Solutions
The projected growth of the global metallized PET cartons market is expected to be steady, driven by various factors. According to Future Market Insights (FMI), the market is estimated to reach a value of US$185.1 million in 2023, with a projected compound annual growth rate (CAGR) of 4.5% during the forecast period, ultimately reaching US$288.1 million by …
Plastic Healthcare Packaging Market: Thriving at a CAGR of 5% to Surpass US$ 40,306.8 million by 2033, Driven by Increasing Adoption of Convenient and Hygienic Packaging Solutions in the Healthcare Industry
The plastic medical packaging market is projected to reach a value of US$24,768.7 million in 2023 and US$40,306.8 million in 2033, with a compound annual growth rate (CAGR) of 5% over the forecast period. The market for plastic healthcare packaging is expected to witness significant growth due to the increasing demand for safe and hygienic packaging for …
Container Liner Market: Global Industry to Soar to US$ 1,403.6 million by 2033, Fueled by Rising Demand for Efficient and Cost-effective Bulk Transportation Solutions
According to a report by Future Industry Insights (FMI), the container liner market is expected to grow at a compound annual growth rate (CAGR) of 4.6% between 2023 and 2033. The container liner market is anticipated to reach a total value of US$891 million in 2023, with positive growth expected throughout the forecast period. Container liners are …
Pharmaceutical Unit Dose Packaging Market: Rapid Growth Expected, Valued at US$ 136 billion by 2033, Driven by Increasing Focus on Medication Safety and Convenience
According to market projections, the pharmaceutical unit dose packaging market is expected to grow from its current value of US$34.2 billion in 2023 to reach US$136 billion in 2033, representing a compound annual growth rate (CAGR) of 14.8%. The expansion of the pharmaceutical unit dose packaging market is driven by the increasing importance of product traceability and …