The global semiconductor packaging market is expected to reach US$ 26.9 Billion in 2022. Sales are projected to increase at a 6.5% CAGR over the assessment period, with the market valuation reaching US$ 50.6 Billion by 2032. Semiconductor packaging refers to the process of enclosing semiconductor devices in a protective casing that ensures their reliability and functionality. …
Category Archives: Packaging Facts
Unfolding Success in Folding IBCs Market: Driven by US$ 528 million Value and Growing Adoption by 2027
The market for flexible intermediate bulk containers (IBCs), specifically folding IBCs, is expected to witness significant growth in the coming years. It is projected to achieve a compound annual growth rate (CAGR) of 4.8%, reaching a value of US$418 million by 2022 and further increasing to US$528 million by 2027. This growth can be attributed …
Gusseted Bags Market: Surging Demand and US$ 26 Billion Value by 2026, Fueling Packaging Efficiency and Flexibility
The gusseted bag market is expected to exhibit steady growth during the forecast period, with a projected compound annual growth rate (CAGR) of 2.8%. By the end of 2026, the market is estimated to generate sales of approximately US$26,008.8 million. Gusseted bags are well-known for their versatility in packaging applications. They have found widespread use …
Specialty Films Market: Unleashing Remarkable Growth and US$ 28 billion Value by 2026
The speciality films market is expected to experience rapid growth with a compound annual growth rate (CAGR) of 4.9% between 2022 and 2026. The increasing demand for speciality films is a significant driver behind this expansion, particularly in the food and pharmaceutical packaging sectors where barrier films are extensively used. Barrier films provide enhanced protection …
Shining Future of Metalized Barrier Films Market: Expanding Opportunities and US$ 3,463.1 million Market Value by 2032
According to the mentioned statement, 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$3.47 billion by the end of 2032. The market for metalized barrier films is expanding …
Bag-in-Tube Market: Innovating Packaging Solutions for Enhanced Preservation and US$ 17.8 Million Market Value
The bag-in-tube market is poised for substantial growth, particularly in the wine packaging sector, as indicated by a report from Future Market Insights. It forecasts a remarkable compound annual growth rate (CAGR) of over 13.1% for the global bag-in-tube market between 2022 and 2029. Several factors contribute to the growing popularity of bag-in-tube packaging. One …
Surging Demand Propels Gummed Tapes Market: Reaching US$ 1.9 Billion in Value by 2031
The gummed tapes market is projected to grow at a compound annual growth rate (CAGR) of nearly 6.2% from 2021 to 2031. Sales of gummed tapes are expected to almost triple during this period, indicating significant market expansion. Gummed tapes, also known as water-activated tapes, are adhesive tapes widely used in various packaging applications. The …
Driving Forces in Micro Perforated Films Packaging Market: Capturing US$ 2.28 billion Worth of Opportunities by 2033
The micro perforated films packaging market is expected to grow at a compound annual growth rate (CAGR) of 4.5% between 2023 and 2033. The market value is projected to reach approximately US$ 1.46 billion in 2023 and surpass US$ 2.28 billion by 2033. The market is experiencing rapid growth driven by the increasing demand for …
Explosive Growth in Filament Tapes Market: Unveiling Lucrative Opportunities and US$ 10,477.1 million Revenue by 2033
The global filament tapes market is estimated to have a value of USD 4.9 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.8% between 2022 and 2026, reaching a market value of USD 6.6 billion. Filament tapes are widely used across various industries due to their high …
Elevating Temperature Controlled Packaging Solutions: Unlocking Unparalleled Value and Innovation in the 2030 Market
The temperature-controlled packaging solutions market is a rapidly growing sector that addresses the need for efficient and secure transportation of temperature-sensitive items such as chemicals, food, beverages, pharmaceuticals, and biologics. These products require specific temperature ranges to maintain their effectiveness and safety during shipping and storage. Temperature-controlled packaging techniques include insulated shipping containers, refrigerated transport …