The stretch wrappers market is expected to show steady growth in the coming years, with a projected CAGR of 5.6% and reaching a value of US$710.4 million by 2031. This growth will be driven by several factors, including the expanding e-commerce sector, increasing demand for automated packing solutions, and the cost-effectiveness of stretch wrapping. One …
Category Archives: Packaging Facts
Surging Demand Propels Pallet Wraps Market to US$ 9.12 billion in 2033
The pallet wraps market is expected to reach a valuation of US$ 9.12 billion by 2033, registering a CAGR of 4% from 2023 to 2033. The growth of the pallet wraps market is attributed to the increasing demand for safe and secure transportation of goods. Pallet wraps are used to secure and protect goods during …
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Sustainable Sturdy Solutions – A Multi-Billion-Dollar Boom in the Wood Pallets Market by 2032
The growing need for packaging and logistics services across numerous industries, including manufacturing, retail, and e-commerce, is driving the growth of the wood pallet market. The wood pallets market is predicted to grow at a CAGR of 5.4% between 2022 and 2032 and reach US$ 3.8 billion. The market is being pushed by a number …
Vintage Elegance and a Billion-Dollar Vintage in the Wine Packaging Market by 2022 to 2032
Wine packaging will become more widespread as global booze use rises. Wine packaging market are expected to grow between 2022 and 2032 at a CAGR of 5.4%, according to Future Market Insights. Contemporary businesses have recently recognised the need to export items made in their nation as well as import commodities that are in high …
Pioneering Innovation and a Trillion-Dollar Leap in the FMCG Packaging Market by 2023 to 2033
Between 2022 and 2032, the global FMCG packaging market is anticipated to develop at a CAGR of 5.7%, with 1.8 times higher revenues. Almost half of all sales for consumer items, including food and hygiene products, are in packaging. The advent of e-commerce and online shopping, which has increased demand for durable packaging that can …
Unleashing the Potential – A Billion-Dollar Surge in the Pad Printing Machine Market by 2023 to 2033
According to Future Market Insights (FMI), the global pad printing machine market is set to experience significant growth in the coming years. FMI estimates that the market size will reach US$ 1,136.7 million in 2023, with a projected Compound Annual Growth Rate (CAGR) of 5.3% from 2023 to 2033, eventually reaching US$ 1,897.8 million by …
Expanding Horizons and Multibillion-Dollar Growth in the Pharmaceutical Cold Chain Packaging Market by 2023 to 2033
The pharmaceutical cold chain packaging market is predicted to grow at a CAGR of 14.8% and reach US$ 60,100.9 million by 2033, according to data that Future Market Insights just published (FMI). The global pharmaceutical cold chain packaging market is driven by healthcare vertical pressure for cold chain packaging for the vaccine and biopharma industries. …
Securing the Future: US$ 4.2 Billion Market Potential in Security and Vulnerability Management, Projected CAGR of 11.3% by 2027 | FMI
The security and vulnerability management market is anticipated to reach US$ 4.2 billion by the end of 2027, growing at a CAGR of 11.3% from its estimated value of US$ 2.5 billion in 2022. 5% of the world’s cybersecurity market is devoted to goods and services for security and vulnerability management. Important products in this industry include …
Contract Packaging Market Soars to US$ 75,038.1 Million by 2032, Empowering Seamless Supply Chain Solutions
In 2022, the size of the worldwide contract packaging market was estimated at US$ 45,198.5 Million. The market’s main development engine is anticipated to be the widening array of applications. The entire demand for contract packaging is anticipated to reach about US$ 75,038.1 Million by the end of 2032, growing at a strong CAGR of …
Revolutionizing Packaging: Digital Label Printing Market to Reach US$ 17,662.6 Million from 2022 to 2032, Redefining Branding and Customization
Global digital label printing market is projected to be worth US$ 10,538.1 million in 2022 and to increase at a CAGR of 5.3% to US$ 17,662.6 million between 2022 and 2032. The global textile industry’s ongoing developments are responsible for the growth of the digital label printing market. A printing technique called “digital label printing” …