The temperature-controlled pharmaceutical packaging solutions market is expected to grow at a CAGR of 7.8% during the projected period. By 2032, the market is estimated to reach $7.4 billion, compared to $4 billion in 2022. Currently, pharmaceutical products packaged in temperature-controlled containers account for 45% of the global market for temperature-controlled packaging. Historical data from …
Category Archives: Packaging Facts
Sealing Success: Unleashing the Potential of the Caps and Closures Market to reach US$ 157.0 billion by 2033
The global caps & closures market is estimated to be valued at US$ 89.9 billion in 2023. By 2033, the market valuation is anticipated to reach US$ 157.0 billion, with overall caps & closure sales exhibiting a CAGR of 5.7% between 2023 and 2033. Caps and closures serve as the gateway to a product, ensuring its integrity throughout its lifecycle. They are …
Enhancing Packaging Solutions: Unveiling the Dynamic MOPP Packaging Films Market Growth Rate 4.9% CAGR by 2033
The MOPP packaging films market is projected to register high demand, with the overall valuation reaching US$ 243.6 million in 2023. FMI also forecasts MOPP packaging films demand to increase at a steady 4.9% CAGR between 2023 and 2033. MOPP packaging films are widely used in the food and beverage, pharmaceutical, personal care, and industrial sectors. These …
Beyond Baking: Exploring the Flourishing Parchment Paper Market to Reach US$ 1,789 million by 2033
Discover the growing significance of the Parchment Paper Market as a versatile kitchen essential. Explore its various applications, benefits, and eco-friendly characteristics, and find out why it has become a staple for both professional chefs and home cooks alike. The market for parchment paper is anticipated to reach a value of US$ 1,064.2 million in 2023 and …
Preserving Assets, Guarding Against Corrosion: The Booming Corrosion Protection Tapes Market Amplify at a CAGR of 4.4% by 2031
The global corrosion protection tapes market is likely to join the bandwagon of exponential growth between 2022 and 2031 at a CAGR of 4.4%, reaching US$ 1.8 Billion by the year 2031. Corrosion protection tapes are specialized adhesive tapes designed to safeguard metal surfaces from corrosion. They provide a barrier that shields the metal from corrosive elements, …
Elevating Brand Identity: Unveiling the Thriving Hang Tags Market Expand at a CAGR of 5.1% by 2031
The global hang tags market is expected to account for US$ 2.8 Billion by the year 2031 at a CAGR of 5.1%. Hang tags are an essential component of product packaging and branding. These small labels, typically made of paper or cardboard, are attached to clothing, accessories, or other merchandise to provide information, reinforce branding, and enhance …
Safeguarding Workplace Safety: Unveiling the Promising Growth of the GHS Labels Market reaching US$ 2.3 Billion by 2030
The global GHS Labels Market is along the path of decent progression, reaching US$ 2.3 Billion by the year 2030 at a CAGR of 4.8% between 2022 and 2030. GHS labels, also known as Globally Harmonized System labels, are standardized labels used to communicate the hazards and precautions associated with chemicals and other hazardous substances. These labels …
Securing Global Health: Unleashing the Potential of the Vaccine Packaging Market Growth at a CAGR of 13.2% by 2030
The global vaccine packaging market is estimated at US$ 1.3 Billion in 2022 and is projected to reach US$ 3.5 Billion by 2030, at a CAGR of 13.2% from 2022 to 2030. The Vaccine Packaging Market encompasses a wide range of materials, designs, and technologies utilized to protect vaccines during storage, transportation, and distribution. The primary objective of vaccine packaging is to maintain …
Unveiling the Potential: Exploring the Growing Packaging Testing Market to rise to US$ 53,748.03 million by 2033
The packaging testing market is predicted to be worth US$ 16,099.87 million in 2023 and is likely to rise to US$ 53,748.03 million by 2033. Initially, the global market was expanding at a CAGR of 9.7% from 2018 to 2022. Packaging serves as the first line of defense for products, safeguarding them against external factors such as moisture, impact, temperature variations, and contamination. …
Sustainable Sipping: Unveiling the Eco-Friendly Straws Market Growth at a CAGR of 7.5% by 2033
Discover the growing Eco-Friendly Straws Market and how it offers a sustainable alternative to plastic straws. Explore the market trends, benefits, and FAQs surrounding this eco-conscious product choice. The market for eco-friendly straws is anticipated to grow geographically throughout the forecast period at a constant CAGR of 7.5%. The market is predicted to grow from its anticipated …