New Product Development
The Glass is the most widely used packaging material for the pharmaceutical industry. Most of the primary packaging products, such as bottles, ampoules, vials, syringes, etc., in the industry are made up of the glass material. Pharmaceutical tubing is used as a raw material by the pharmaceutical packaging companies to manufacture primary packaging products. The …
Continue reading “Vital Foundations: Pharmaceutical Glass Tubing Market by 2027”
The molded fiber trays market will register steady growth at 5% CAGR between 2022 and 2032. Molded fiber trays are sustainable packaging solutions manufactured by using recycled materials. These recycled materials include waste newspapers, papers, cardboard, and others. Molded fiber trays are manufactured from recycled content and are recyclable, biodegradable, and compostable which adds to their various …
According to Future Market Insights, the global dunnage packaging market is projected to expand at a CAGR of 5.8%, exceeding US$6.8 billion by 2032. The growth is supported by the growing trend of inter-oceanic trade and increased import-exports between countries. The shipment of products needs adequate security and protection along with the safe delivery of goods …
The global thermal labels market is slated to grow by 4.8% CAGR as demand for eco-friendly packaging solutions grows across various industries. As per Future Market Insights (FMI), the increasing awareness among the masses and suppliers regarding sustainability is leading to shift towards environment-friendly packaging solution including thermal labels. According to the study, direct thermal labels …
Continue reading “Heating up Efficiency: Thermal Labels Market Achieves US$ 1,420.5 Million by 2032”
The global bags market is expected to grow by 3.9% CAGR between 2022 and 2032. As per Future Market Insights (FMI), plastic bags will account for 70% of sales in the global bags market. However, demand in the paper bags segment is poised to surge at a high pace. The surging adoption of paper bags is attributable to the demand …
Continue reading “Carrying Convenience: Bags Market Thrives with US$ 49.2 Billion Value in 2032”
Future Market Insights (FMI) predicts the global packaging bins market size to top US$ 3 Bn in 2032, up from US$ 2 Bn in 2022. Driven by surging demand for bulk packaging, the market is poised to grow by 4.4% between 2022 and 2032. Bulk bins are packaging solutions used for storing and transporting bulk materials/contents. These …
The rubber tapes market was worth US$ 914.3 Million in the year 2022 and is expected to reach US$ 1.41 Billion by the year 2032 at a CAGR of 4.4% between 2022 and 2032. The automotive vertical is growing by leaps and bounds even in the emerging economies. This, in turn, calls for growing adoption of adhesive …
Continue reading “Elastic Growth: Rubber Tapes Market Exceeds US$ 1.4 Billion in 2032”
Sales of barrier tape are predicted to bring in a revenue of US$ 1.13 billion in 2023. By 2033, the barricade tape market is anticipated to reach US$ 1.74 billion, expanding at a CAGR of 4.4% from 2023 to 2033. Numerous variables, including a rise in infrastructure development and construction projects, are driving up demand for safety tools. This can …
Continue reading “Safety First: Barricade Tape Market Surges to US$ 1.74 billion by 2033”
The industrial chemical packaging market is projected to expand at a steady pace, registering growth at 4.0% CAGR between 2021 and 2031, as per the a survey conducted by Future Market Insights. Due to the unprecedented outbreak of COVID-19, restrictions imposed by regulatory authorities have negatively impacted the sales of industrial chemical packaging solutions. However, in the coming years spike …
Due to the surge in demand for bottled water, beer, wine, fruit juices, and other uses, the beverage crates market is gradually growing. According to a recent analysis by Future Market Insights (FMI), the worldwide beverage crates market is anticipated to expand at a CAGR of 4.9% between 2022 and 2030, reaching US$ 543.9 million. …
