New Product Development
Asia Pallets Market The pallet market in Asia is poised for remarkable growth, with projections indicating a surge in market value from US$ 18,285.1 million in 2023 to an impressive US$ 32,179.0 million by 2033, representing a robust Compound Annual Growth Rate (CAGR) of 5.8%. This anticipated expansion, as outlined in recent market analysis, underscores the burgeoning …
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The global smart packaging market is experiencing remarkable growth, with a projected valuation of USD 24.6 billion in 2023 and an estimated CAGR of 4.5% from 2023 to 2033, ultimately reaching USD 38.3 billion. This surge in demand for smart packaging is primarily attributed to evolving consumer lifestyles, advancements in printing technologies, and the growing emphasis …
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AI in Packaging Market The global AI in packaging market is poised for exponential growth, with estimations indicating a significant increase from US$ 1,790.8 million in 2024 to a staggering US$ 23,415.2 million by 2034. Projected to surge at an impressive compound annual growth rate (CAGR) of 29.3% between 2024 and 2034, the market is witnessing …
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The global screw capping machine market is on track for significant growth, projected to reach US$ 2.1 billion in 2023 and surpass US$ 3.0 billion by 2033, with a compound annual growth rate (CAGR) of 3.7% during the forecast period. This expansion reflects the increasing adoption of automation in manufacturing and the rising demand for …
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Water-based Inks Market The global water-based inks market is on a robust growth trajectory, with a projected market size of USD 9,120.0 million in 2023 and an expected rise to USD 12,415.0 million by 2033, representing a compound annual growth rate (CAGR) of 3.1% during the forecast period. This steady growth underscores the increasing adoption …
The global glass container market is expected to grow from an estimated USD 63.8 billion in 2024 to USD 89.3 billion by 2034, with sales increasing at a compound annual growth rate (CAGR) of 3.4% over the forecast period. In 2023, the market was valued at USD 61.3 billion, and it is anticipated to exhibit a year-over-year growth …
The protective packaging market is expected to be worth USD 29.7 billion in 2024. By 2034, the market is projected to reach USD 47.8 billion. The adoption of protective packaging solutions in various industries is likely to expand at a CAGR of 4.70% from 2024 to 2034. The post-pandemic boom in the pharmaceutical industry is a significant driver for the rapid market …
The anti-counterfeit pharmaceutical packaging market is estimated to be worth USD 108.1 billion in 2023 and is projected to be valued at USD 246.6 billion in 2033. Between 2023 and 2033, the market is expected to register a growth rate of 8.6%. Increasing awareness of patients and consumers about the risks of counterfeit medicines is driving the market growth. They are increasingly …
The North America fresh meat packaging market is expected to attain a valuation of USD 724.4 million in 2023 and is projected to reach USD 1,070.9 million by 2033, rising at a CAGR of 4% during the forecast period. This growth is driven by several key factors, including rising consumer demand for fresh, high-quality meat products and the increasing preference for convenient and …
The temperature-controlled pharmaceutical packaging solutions market is poised for substantial growth, with an estimated market share of USD 4.8 billion in 2024, projected to surge to a global market valuation of USD 7.7 billion by 2034. The market is anticipated to grow at a commendable Compound Annual Growth Rate (CAGR) of 4.8% from 2024 to 2034. Demand …
