According to a study conducted by Future Market Insights (FMI), the multi-component injection molding technology market is expected to grow at a CAGR of 9% from 2022 to 2032. The market is projected to be valued at US$ 3 billion in 2022 and is estimated to reach US$ 7.1 billion by 2032. Multi-component injection molding has witnessed …
Category Archives: Packaging Facts
Get Business Insights on the Biodegradable Packaging Market for 2022 to 2032
According to research conducted by Future Market Insights (FMI), the global biodegradable packaging market is expected to experience substantial growth in the coming years. In 2022, the market is projected to reach a valuation of US$ 448.2 billion and is further anticipated to expand at a compound annual growth rate (CAGR) of 6.1% during the period of …
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Remarkable Growth and US$ 7.9 Billion Revenue Surge Predicted in Confectionery Flexible Packaging Market by 2030
The confectionery flexible packaging market for sweets is expected to reach $5.9 billion in 2022, with a projected compound annual growth rate (CAGR) of 3.2%. By 2030, the market for flexible packaging for sweets is anticipated to reach US$ 7.6 billion. The expansion of the confectionery flexible packaging market is driven by improved food processing …
Steady Growth and US$ 126.6 billion Revenue Projection Anticipated in Tapes Market by 2033
Based on the provided information, the tapes market is projected to grow at a compound annual growth rate (CAGR) of 4.8% during the anticipated period. The demand for masking and pressure-sensitive tapes is driving rapid growth in this market. Between 2015 and 2021, the global tapes market expanded at a CAGR of 3.4%. This growth …
Rapid Expansion and US$ 1,520.3 million Revenue Projection Expected in Baking Molds and Trays Market by 2033
According to forecasts, the baking trays and moulds market is expected to generate US$ 840.9 million in 2023 and reach US$ 1,520.3 million by 2033, with a projected compound annual growth rate (CAGR) of 6.1%. The recent growth in the baking trays and moulds market can be attributed to the increasing popularity of convenience foods. …
Exponential Rise and US$ 400.2 million Revenue Surge Anticipated in Pyramid Tea Bags Market by 2033
According to the Future Market Insights report, the pyramid tea bags market is poised for consistent growth between 2022 and 2030, with a projected compound annual growth rate (CAGR) of around 4.5%. The report highlights several factors that contribute to this positive outlook and suggest untapped opportunities for further expansion. One key driver of the …
Sustained Momentum and US$ 1,575.9 Million Revenue Surge Foreseen in Foodservice Paper Bags Market by 2032
According to market analysts, the foodservice paper bag market is projected to continue its growth trajectory in the coming years. The forecast suggests that the market will reach a value of US$ 958.4 million in 2022 and exhibit a compound annual growth rate (CAGR) of 5.1% from 2022 to 2032, ultimately reaching US$ 1,575.9 million …
Enhancing Enjoyment: Exploring the Booming Cup Sleeves Market to reach US$ 45.82 Billion by 2032
The global cup sleeves market was worth US$ 28.62 Billion in the year 2020 and is expected to reach US$ 45.82 Billion by the year 2032 at a CAGR of 4% between 2022 and 2032. Cup sleeves have become an essential accessory in the beverage industry. These sleeves are typically made from insulating materials like cardboard or …
Thriving Growth and US$ 2.0 Billion Revenue Projection Expected in Stick Packaging Market by 2032
The global stick packaging market is expected to exhibit a steady growth rate with a CAGR of 4.7% during the forecast period from 2022 to 2032. Sales in the market are projected to rise from US$ 1.3 billion in 2022 to US$ 2.0 billion by 2032. According to a study by FMI, the top 5 …
Significant Upsurge and US$ 14.89 billion Revenue Surge Forecasted in Healthcare and Laboratory Labels Market by 2033
The global healthcare and laboratory labels market is poised to achieve a value of US$ 14.89 billion by 2033, exhibiting a CAGR of 4.5% during the period from 2023 to 2033. The market’s growth is primarily driven by the increasing demand for pharmaceutical products and the introduction of new products in the healthcare industry. Among …