The global splicing tapes market is anticipated to expand at a steady 4.8% CAGR between 2022 and 2032, according to Future Market Insights (FMI). The market for splicing tapes is anticipated to generate sales worth US$ 603 million in 2022. The increasing use of paper splicing tapes in industrial sectors is supporting market expansion. As …
Category Archives: Packaging Facts
Strong Momentum: Packing Paper Market Forecasted to Exceed US$ 72.4 Billion in 2032
The packing paper market is expected to grow at a CAGR of 4.8% from USD 45.3 billion in 2022 to USD 72.4 billion by 2032. The COVID-19 pandemic has had a significant impact on businesses and manufacturing industries worldwide, including the packing paper market. Extended lockdowns and disrupted supply chains have led to a decrease …
Thriving Demand: Tobacco Packaging Market Anticipated to Reach US$ 19.3 billion by 2032
The worldwide tobacco packaging market is expected to reach US$ 14.1 billion in 2022, with sales projected to grow at a CAGR of 3.2% and surpass US$ 19.3 billion by 2032. The market growth is attributed to factors such as increasing urbanization and the popularity of cigarettes among the youth. Additionally, the high-stress levels, increased …
Rapid Expansion: Paper Masking Tapes Market Projected to Surpass US$ 3.6 billion by 2033
The paper masking tapes market is expected to exhibit a CAGR of 5.7% between 2023 and 2033. By 2033, the market is projected to surpass a valuation of US$ 3.6 billion, while it is estimated to be valued at US$ 2.1 billion in 2023. The market growth is driven by the increasing electrification and advanced …
Explosive Growth: Intelligent Packaging Market Expected to Reach US$ 56.0 billion by 2033
The global intelligent packaging market is expected to reach a size of US$ 23.6 billion in 2023, with sales projected to grow at a CAGR of 9.0% between 2023 and 2033. By the end of 2033, the total market valuation is forecast to reach US$ 56.0 billion. The market growth is driven by the increasing …
Rapid Growth in the Global Caps and Closures Market Expected to US$ 157.0 billion by 2033
The global caps and closures market is projected to experience substantial growth from 2023 to 2033. The market size is expected to increase from US$ 89.9 billion in 2023 to US$ 157.0 billion by 2033, at a compound annual growth rate (CAGR) of 5.7% during this period. Several factors contribute to this growth, including the …
Safeguarding Innovation: The Dynamic Biopharmaceuticals Packaging Market and its Vital Role in Healthcare expected to Reach US$ 44 billion by 2033
A detailed study on Biopharmaceuticals Packaging 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. The global biopharmaceutical packaging market is anticipated to accumulate a market value of US$ 18.87 billion in 2023 and …
Efficiency and Sustainability in Transit: The Thriving Paperboard Mailer Market exhibiting a CAGR of 11.4 % by 2033
A detailed study on Paperboard Mailer 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. The global paperboard mailer market is anticipated to accumulate a market value of US$ 12.5 billion in …
“Unlocking the Frozen Potential: Exploring the Cryogenic Capsules Market’s Cutting-Edge Applications exhibiting a CAGR of 5.7 % by 2033
A detailed study on Cryogenic Capsules 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. The global cryogenic capsules market is anticipated to accumulate a market value of US$ 7.1 billion in 2023 and …
Nourishing Growth: The Flourishing Fertilizer Bags Market and its Sustainable Solutions garner a valuation of US$ 42 billion by 2033
A detailed study on Fertilizer Bags 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. The global fertilizer bags market is anticipated to accumulate a market value of US$ 25.19 billion in 2023 and …