According to the report titled “Compostable Plastic Packaging Material Market Global Industry Analysis 2013-2021 and Opportunity Assessment 2022-2028,” the global market for compostable plastic packaging material is projected to grow at a moderate CAGR of 5.1% during the forecast period of 2022-2028. Based on the data utilized in the analysis, the market is expected to …
Category Archives: Packaging Facts
Thriving Consumer Electronics Packaging Market in Europe: Surpassing US$ 35.4 billion by 2027
The consumer electronics packaging market is projected to grow at a CAGR of 9.8% from 2022 to 2027, reaching a value of US$35.4 billion. In 2021, the market was valued at US$20.2 billion, and by the end of 2027, it is expected to increase by 1.6 times. Consumer electronics packaging refers to the specialized production …
Sustained Growth in Europe’s Folding Boxboard Market: Valued at US$ 20.3 billion by 2032
The folding boxboard market is projected to generate total revenue of US$12.2 billion in 2022 and US$20.3 billion from 2022 to 2032, exhibiting a compound annual growth rate (CAGR) of 5.2%. According to a study conducted by Future Market Insights, in 2022, the segments of the folding boxboard market with basis weights of 201-300 GSM …
Rapid Surge in Europe’s Blister Packaging Market: Expected to Exceed US$ 26,940.0 million by 2033
The blister packaging market is expected to witness significant growth, with projections indicating it could reach a value of US$22.9 billion by 2031, primarily driven by the expansion of the pharmaceutical industry. Manufacturers prefer carded or clamshell blisters over flat-bottomed containers like tubs due to their ability to meet specialized requirements. According to Future Market …
Booming FIBC Market in Europe: Projected to Reach US$ 11.9 Billion by 2032
The shape of flexible intermediate bulk containers (FIBCs) is created by connecting strong sheets of heavy-duty PVC-covered polyester or nylon, and they are lifted using pallets. However, the need for more space-efficient and flexible packaging solutions led to the development of woven polypropylene bulk bags. FIBCs have undergone continuous improvements in terms of their structural …
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Explosive Growth in Europe’s Bulk Bags Market Insight Growth Analysis On Volume, Revenue, Share And Size Forecast To 2030
The Europe bulk bags market is poised for substantial expansion between 2022 and 2030, driven by the increasing demand for eco-friendly and sustainable packaging solutions in various industries such as agriculture, construction, chemicals, food, and beverage. Bulk bags, also known as flexible intermediate bulk containers (FIBCs), are designed for the storage and transportation of diverse …
Analyzing the Global Bag Closure Clips Market: Trends, Applications, and Secure Packaging Solutions by 2029
The market for bag closing clips is expected to reach US$ 194.7 million in 2022 and US$ 304.8 million in 2029, growing gradually at a CAGR of 5.6%. Bag closure clips accounted for around 1.2% of the global plastic closures market in 2021. Bag clips are becoming more popular in the food business. The bag closure clips …
Unveiling the Global Foamer Pump Market to Swell US$ 239.9 million by 2033: Trends, Applications, and Dispensing Innovations
In 2023, the market for foamer pumps is anticipated to be worth US$ 155.6 million. It is anticipated to increase between 2023 and 2033 at a consistent CAGR of 4.4%. By 2033, the value of the global market is projected to surpass US$ 239.9 million. The foamer pump market has witnessed remarkable growth in recent years, driven …
Exploring the Global Billing Paper Market Growth between 2023 and 2033 at CAGR of 5.9% : Trends, Digital Transformation, and Sustainable Solution
With a total revenue of US$ 897.1 million in 2023 and growing to US$ 1,536.5 million by 2033, the billing paper market is anticipated to witness significant demand. Also, according to FMI, sales of billing paper will grow steadily between 2023 and 2033 at a CAGR of 5.9%. Billing Paper Market refers to the industry …
Examining the Global Airless Pumps Market to exceed US$ 422 million by 2033: Trends, Applications, and Dispensing Innovations
A detailed study on Airless Pumps market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future. In 2023, sales of airless pumps are estimated to generate a total of US$ 251.5 million. Between 2023 …