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 Cushion: Exploring the Growing Plant-Based Foam Market, US$ 457.0 million by 2033
The plant-based foam market is anticipated to be worth US$ 220.0 million in 2023 and US$ 457.0 million by 2033. During the projection period, plant-based foam sales are expected to grow at a substantial CAGR of 7.6%. Plant-based foam, also known as bio-based foam, is a type of foam material that is derived from renewable plant sources …
Innovative Solutions for Complex Products: Multi Component Injection Moulding Technology Market to Reach US$ 7.1 Billion by 2032
According to a study conducted by Future Market Insights (FMI), the multi-component injection molding technology market is expected to grow at a compound annual growth rate (CAGR) of 9% from 2022 to 2032. By 2022, the market is projected to be valued at US$ 3 billion, and it is estimated to reach US$ 7.1 billion …
Dissolving Boundaries: Unveiling the Innovations in the Water-soluble Packaging Market Expand US$ 4,786 Million by 2033
The Water-Soluble Packaging Market is projected to reach US$3,220 Million in 2023 and be worth US$ 4,786 Million by 2033 with a CAGR of 4.0%. The Water-soluble Packaging Market has witnessed tremendous growth in recent years, driven by the increasing demand for eco-friendly packaging alternatives. Water-soluble packaging refers to materials that dissolve or disintegrate upon contact with …
Exploring the Dynamic Pressure Sensitive Tapes and Labels Market generate US$170.85 billion by 2033
In 2022, the market for pressure-sensitive tapes and labels generated $90 billion in total revenue. The market is expected to generate US$170.85 billion in sales by 2033, growing at a respectable CAGR of 6% over the forecast period. Pressure sensitive tapes and labels are adhesive materials that adhere to surfaces upon application of pressure. These versatile solutions …
Beyond Conventional: Unlocking the Potential of the Advanced Packaging Market With CAGR 7.2% by 2033
The global advanced packaging market is anticipated to be valued at US$ 30.5 billion in 2023 and reach US$ 61.3 billion by 2033. It is likely to exhibit a considerable CAGR of 7.2% between 2023 and 2033. The Advanced Packaging Market encompasses a wide range of sophisticated packaging techniques that go beyond traditional methods. It involves the …
Aerosol Dispensing Systems Market Set to Cross $V Billion by 2023: Surging Demand for Convenient Packaging Solutions and Eco-friendly Formulations
Packaging has become an essential aspect of the modern world, driven by the rising demand for convenient and user-friendly products. Aerosol dispensing systems have emerged as an effective packaging solution, providing a convenient way to dispense liquefied or compressed gas propellants. These systems, typically made of plastic or glass, are utilized for dispensing a wide range of …
Envelope Market Projected to Reach US$ 2.67 billion by 2033: Growing Demand for E-commerce and Direct Mail Marketing Boosting Sales
The global envelope market is anticipated to reach a value of US$ 2 billion by 2022, with a CAGR of 3.0% from 2022 to 2032. Paper envelopes are projected to hold a market share of over 70% and reach US$ 1.6 billion by 2032. The increasing demand for packaging and mailer services for various goods is driving …
Shrink Sleeve Labels Market to Exceed US$ 28.47 billion by 2032: Rapid Growth in Packaging Industry and Increased Product Visibility Driving Demand
The shrink sleeve labels market is expected to grow at a CAGR of 6% until 2032, reaching a value of US$ 28.47 billion compared to US$ 15.90 billion in 2022. This growth is driven by the increasing adoption of polymer films and anti-counterfeiting features. Manufacturers are now using dual-chambered shrink sleeves with two compartments, providing a more …
Mobile Cases and Covers Market to Surpass US$ 42,881.3 million by the year 2033: Rising Smartphone Adoption and Fashion Trends Fueling Demand
The global mobile cases and covers market is poised for substantial growth in the coming years, with a projected size of US$ 42,881.3 million by 2033 and a CAGR of 5.8% between 2023 and 2033. This growth is primarily driven by evolving lifestyle trends and the increasing disposable incomes of consumers. To safeguard their smartphones and ensure …