The multi-depth corrugated boxes market is expected to witness significant growth, with a projected compound annual growth rate (CAGR) of 6.4% between 2022 and 2031. By 2031, the market is anticipated to reach a value of US$1,614.2 million. The increasing demand for trading activities, packaging services, and transportation is expected to drive the sales of …
Category Archives: Packaging Facts
Temperature Controlled Packaging Solutions for Pharmaceuticals Market Set to Exceed is Expected to Witness a CAGR of 7.8% by 2028
The global temperature-controlled packaging solutions market in the pharmaceutical industry witnessed significant growth in 2018, reaching a size of approximately US$3.5 billion. This market is expected to continue expanding at a compound annual growth rate (CAGR) of 7.8% from 2018 to 2028. One of the key drivers of this growth is the challenge of delivering …
Sustainable Sipping: Bamboo Straws Market Soars, Projected to Reach US$ 7.3 Million by 2032
According to Future Market Insights, the global bamboo straws market is predicted to grow significantly in the coming years. In 2022, the market was valued at US$4.3 million, and it is projected to reach US$7.3 million by 2032, with a compound annual growth rate (CAGR) of 5.3%. Bamboo straws are crafted from authentic bamboo stalks …
Revolutionizing Convenience: Cup Carriers Witness Exponential Growth, Surpassing US$ 528.5 Million Market Value by 2032
The cup carriers market is projected to experience significant growth in the coming years. With an expected increase in sales throughout the assessment period at a Compound Annual Growth Rate (CAGR) of 5.1%, the market is predicted to be worth US$528.5 million by 2032, compared to its valuation of US$320.9 million in 2022. Cup carriers …
Embracing Sustainability: Kraft Paper Market to Reach US$ 19,821.4 Million by 2032, Leading the Packaging Revolution
The global kraft paper market is projected to grow at a CAGR of 2.2% and reach a value of US$19.82 billion by 2032, compared to its current value of US$15.94 billion. Kraft paper is gaining popularity as a packaging material due to its minimal environmental impact. It is produced using the kraft process and various …
From Nature to Innovation: Cellulose Fiber Market to Surpass US$ 5,772.7 Million by 2032, Transforming the Textile Industry
The global cellulose fiber market is expected to exhibit a compound annual growth rate (CAGR) of 4.2% from 2022 to 2032. It is estimated that the market will have a value of US$3,825.6 million in 2022 and is projected to reach US$5,772.7 million by 2032. The market growth can be attributed to the shift of …
Shaping the Future: Plastic Resins Market Poised to Exceed US$ 1186 Billion by 2032, Reshaping Industries
The plastic resins market is projected to reach a market valuation of US$764 billion by 2022, with a moderate CAGR of 4.5% from 2022 to 2032. By the end of 2032, the market size is expected to be approximately US$1,186 billion. The demand for plastic resins is being driven by the increasing need for packaged …
Sealing Success: Alcohol Packaging Market Reaches US$ 69,235.6 Million from 2022 to 2032, Uncorking Opportunities for Growth
The alcohol packaging market is expected to witness substantial growth, reaching a value of US$69.23 billion in 2032. It is projected to grow at a CAGR of 3.9% from its current value of US$47.23 billion in 2022. Alcohol packaging involves the encapsulation and protection of alcoholic beverages for storage, distribution, and consumption purposes. Glass is …
Expanding Horizons: The Growing Vaginal Applicators Market Surpasses US$ 8.56 Billion in 2032
The vaginal applicators market is expected to experience significant growth, reaching a value of US$ 8.56 billion by 2032. Between 2022 and 2032, it is projected to have a modest compound annual growth rate (CAGR) of 5.5%. The market’s value has already increased from US$4.75 billion in 2021 to US$5.11 billion in 2022. Several factors …
Sustainable Expression: Unveiling the Growing Eco-Friendly Inks Market expand at a CAGR of 5.8% by 2032
By 2032, The industry is expected to consistently expand at a 5.8% CAGR. According to FMI, the eco-friendly inks market is expected to grow its revenue share from US$ 4.3 billion in 2022 to US$ 7.5 billion by 2032. The Eco-friendly Inks Market is witnessing significant growth as industries worldwide embrace sustainable practices and environmentally friendly …