Between 2022 and 2032, the global Fast-Moving Consumer Goods (FMCG) packaging market is projected to grow at a compound annual growth rate (CAGR) of 5.7%, resulting in 1.8 times higher revenues. Packaging plays a crucial role in the FMCG industry, accounting for nearly half of all consumer product sales, including food and hygiene items. The …
Category Archives: Packaging Facts
Blossoming Beauty: The Flourishing Flower Box Market to inflate a CAGR of 5.2% by 2032
Throughout the forecast period, the flower box market is anticipated to have a CAGR of 5.2%. The flower box industry is anticipated to gain momentum and increase in value from US$ 2.57 billion in 2022 to US$ 4.27 billion in 2032. Given that flower boxes offer good packaging options for flowers, sales of these products are expected …
Elevating Sensory Experience: The Growing Soft Touch Lamination Film Market at a CAGR of 4.9% by 2032
The global soft touch lamination film market size is expected to reach US$ 3.2 Billion in 2022 and exhibit growth at a CAGR of 4.9% in the forecast period from 2022 to 2032. It is anticipated to be valued at US$ 6.1 Billion in 2032. The operational principles, key strategies, and relative market positions of some of …
Pad Printing Machine Market Expected to Reach US$ 1,897.8 million by 2033
The pad printing machines market is projected to experience steady growth with a compound annual growth rate (CAGR) of 5.3% between 2023 and 2033, reaching a valuation of US$1,897.8 million by the end of the assessment period. Pad printing machines are widely utilized in various industries including pad printing, toys and recreational products, medical equipment, …
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Pharmaceutical Cold Chain Packaging Market Worth US$ 60,100.9 million by 2033
According to the information provided, the global pharmaceutical cold chain packaging market experienced significant growth between 2016 and 2022. The market size increased from US$6,249.2 million in 2016 to US$13,413 million in 2022, with an average compound annual growth rate (CAGR) of 13.3% during this period, even in the face of the pandemic lockdown and …
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Global Security Holograms Market Surges to US$ 8,633.6 million by 2033
According to the latest estimate by Future Market Insights (FMI), the security holograms market is expected to reach a value of US$5,233.2 million in 2023. The sales of security holograms are projected to exceed $8,633.6 million by 2033, exhibiting a compound annual growth rate (CAGR) of 5.1% during the forecast period. The primary driver behind …
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Machine Glazed Kraft Paper Market to Reach US$ 14.5 billion by 2030
According to Future Market Insights (FMI), the machine glazed kraft paper market is expected to witness significant growth in the forecast period of 2022-2030. The analysis suggests that the industry will expand by 1.6 times within this timeframe, with an estimated total value surpassing US$14.5 billion by 2030. The growth of the food and beverage …
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Global Jumbo Bags Market Valued at US$ 9.9 billion by 2033
The giant bags market is projected to experience significant growth in the coming years due to the increasing concern over plastic waste and the implementation of stricter regulations on plastic garbage management. The market is expected to be worth US$6.1 billion by 2023, with a compound annual growth rate (CAGR) of 4.2% from 2023 to …
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Secure and Sustainable: The Thriving Paper Band Market Boost US$ 9.2 Billion from 2022 to 2032.
Global paper band demand is anticipated to be valued at US$ 6.1 Billion in 2022, forecast to grow at a CAGR of 4.1% to be valued at US$ 9.2 Billion from 2022 to 2032. Paper bands, also known as paper straps or paper tape, are flat strips of paper that are used to secure various products, packages, …
Double the Convenience: Exploring the Dual Flap Dispensing Closure Market grow at a CAGR of 7.2% by 2032
Global dual flap dispensing closure market demand is anticipated to be valued at US$ 4.3 Billion in 2022, forecast to grow at a CAGR of 7.2% to be valued at US$ 8.6 Billion from 2022 to 2032. Dual Flap Dispensing Closure Market A dual flap dispensing closure is a packaging solution that combines the functionality of a flip-top …