The global non-corrugated boxes market is projected to experience substantial growth during the forecast period, with a valuation of US$ 56.9 billion in 2022, expected to reach US$ 114.0 billion by 2032 at a CAGR of 7.2%. The sales of non-corrugated boxes are anticipated to be driven by the top 5 companies holding a significant …
Category Archives: Packaging Facts
Explosive Growth in Trays Market: Global Sales to Surpass US$ 31.5 Billion by 2032
Because they are affordable, lightweight, and durable, trays are frequently utilised as major packaging materials by food chains, eateries, pharmaceutical companies, etc. These are the main factors influencing the trays market. The trays market is expected to grow globally between 2022 and 2032 at a CAGR of 7.3%. The market is expected to increase in …
Rapid Surge in Packaging Supplies Market: Expected to Reach US$ 399.5 billion by 2032
According to the study conducted by FMI, the packaging supplies market is projected to be valued at US$ 248 billion in 2022 and is expected to reach US$ 399.5 billion by 2032, growing at a CAGR of 4.9%. The expansion of new markets, particularly in the e-retail sector, has led to increased demand for various …
Booming Demand for Eco-friendly Packaging: Molded Fiber Bowls Market to Exceed US$ 297.2 million by 2032
The information you provided highlights the projected growth and drivers of the global molded fiber bowls market. Molded fiber bowls have gained popularity in the foodservice sector due to their convenience, affordability, and eco-friendly nature. The market is expected to reach a valuation of US$ 196.9 million in 2022, with sales growing at a 4.2% …
Rising Popularity of BOPP Bags: Global Market to Reach US$ 28 billion by 2032
The global BOPP bags market is expected to grow at a CAGR of around 4% to 5% between 2022 and 2032, with sales estimated to reach US$ 28 billion by 2032. BOPP bags, made from biaxially oriented polypropylene, offer superior durability and recyclability, which has led to increased demand in industries such as food and …
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Revolutionary Advancements in Medical Technology Propel Plasma Bottle Market is estimated to project growth at a CAGR of around 4% to 5% during 2022 to 2032
The global plasma bottle market is expected to experience steady growth during the period from 2022 to 2032, with a projected CAGR of around 4% to 5%. This growth can be attributed to the increasing focus on the development of innovative sterile medical packaging solutions for the storage of body fluids, particularly plasma, in various …
Stretch Sleeve Labels Market Expected to Reach US$ 11.8 Billion by 2032, Driven by Growing Demand for Flexible and Cost-effective Packaging Solutions in Various Industries.
Stretch sleeve labels are a particular kind of pre-printed label that adheres to containers without the need of adhesives. According to their specifications, these stretch sleeve labels are created from various plastic materials, including polythene terephthalate glycol (PETG) and others. Numerous businesses, including those in the food, beverage, pharmaceutical, personal care & cosmetics, homecare, and …
Anti-counterfeit Packaging Market to Witness Robust Growth, Estimated to Reach US$ 422.8 Billion by 2032, Propelled by Rising Concerns Regarding Product Authentication and Brand Protection.
The global anti-counterfeit packaging market is experiencing significant growth and is projected to reach a substantial market size by 2032. This growth can be attributed to various factors driving the demand for anti-counterfeit packaging solutions. One of the key drivers is the need for brand owners to maintain the integrity of their products throughout the …
Global Drug Delivery Solutions Market Projected to Surpass US$ 181.9 billion by 2031, Driven by Increasing R&D Investments and Growing Demand for Targeted and Patient-Friendly Delivery Systems
In addition to anti-counterfeit technologies, track and trace technologies are also gaining prominence in the drug delivery solutions market. These technologies enable pharmaceutical manufacturers to track the movement of their products throughout the supply chain, ensuring transparency and reducing the risk of counterfeiting. By implementing track and trace technologies, manufacturers can have better control over …
Metallized PET Cartons Market to Witness Substantial Growth, Projected to Reach US$ 288.1 million by 2033, Fueled by Rising Demand for Sustainable and Eye-Catching Packaging Solutions
The global metallized PET cartons market is projected to experience steady growth in the coming years, driven by various factors. According to FMI estimation, the market is expected to reach a value of US$ 185.1 million in 2023, with a projected CAGR of 4.5% during the forecast period, ultimately reaching US$ 288.1 million by 2033. …