The global carbon steel IBC market is anticipated to reach a value of US$ 2.6 Bn in 2022 and continue to grow at a CAGR of 5.4% to reach US$ 4.4 Bn by the year 2032, according to research from Future Market Insights. With the top 3 nations predicted to control between 30 and 35 percent of …
Category Archives: Packaging Facts
Corrugated Fiberboard Market Reaching a value of US$ 175.7 Billion by 2032: Size, Share, Trends, and Forecast Analysis
Over US$ 94.1 Billion was the estimated size of the worldwide corrugated fiberboard market in 2021. Sales of corrugated fiberboard are anticipated to grow at a respectable CAGR of 5.8% from 2022 to 2032, reaching a value of US$ 175.7 Billion by that year. Corrugated Fiberboard has been a popular choice for packaging materials for many years …
Global Liquid Packaging Bag Market: Trends, Growth Factors, and Forecast Analysis 2022-2032
By 2032, the market for liquid packaging bags is projected to grow significantly, from US$ 1,054.4 million in 2022 to US$ 1,733.9 million. The market is anticipated to exhibit a CAGR of 5.1% over the course of the forecast period. The liquid packaging bag market has seen significant growth in recent years, driven by increasing demand for …
Coffee Bags Market: Trends, Growth, and Forecast 2022-2032
The market for coffee bags was valued at about US$ 561.1 million in 2021, growing by 4.4% year over year. Coffee bag sales are anticipated to reach US$ 585.6 Million in sales by 2022 and rise at a 5.1% CAGR from 2022 to 2032. The coffee bags market is a rapidly growing industry, with increasing demand for innovative, eco-friendly, …
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Surging Demand for Eco-friendly Packaging Drives Molded Fiber Bowls Market, Estimated to Reach US$ 297 million by 2032
The global molded fiber bowls market is projected to reach a valuation of US$ 196.9 Mn in 2022, with sales growing at a 4.2% CAGR over the forecast period. Molded fiber bowls have gained traction in the foodservice sector as a handy, cost-effective and biodegradable packaging solution. Apart from functional characteristics such as low prices and cleanliness, …
Dynamic Packaging Supplies Market Expected to Exceed US$ 399.5 Billion by 2032, Fueled by the Growing Packaging Industry and E-commerce Boom
As per the study at FMI, the packaging supplies market is valued at US$ 248 billion in 2022 and is expected to reach US$ 399.5 billion by 2032, growing at a 4.9% CAGR. The new markets penetrating through the e-retail spaces, enlarging their spaces in the new marketplaces consumes carious type of packaging according to the product. Packaging supplies vendors focus …
Growing Trays Market to Reach US$ 31.5 Billion by 2032, Driven by Increased Demand for Sustainable and Convenient Packaging Solutions
Trays are a common primary packaging material since they are inexpensive, lightweight, and long-lasting and can be used by food chains, restaurants, pharma, etc. These are primary drivers in the trays market. During the forecast period (2022 to 2032), the worldwide tray market is anticipated to expand at a CAGR of 7.3%. According to projections, the …
Expanding Stretch Sleeve Labels Market Poised to Surpass US$ 11.8 Billion by 2032, Redefining Packaging Solutions with Versatility and Branding
The stretch sleeve labels are the specific type of ready-to-use labels which are applied to the containers without the use of any adhesives. These stretch sleeve labels are made from different plastic materials based on their requirements such as polythene terephthalate glycol (PETG), and others. These labels have wide applications in various industries such as food, beverage, …
Robust Growth of Anti-counterfeit Packaging Market Expected to Reach US$ 422.8 Billion by 2032, Combating Counterfeit Products Worldwide
The global anti-counterfeit packaging market is slated to top US$ 137.4 Bn in 2022. With a favourable demand outlook, sales are projected to increase at a robust 11.9% CAGR, pushing the market size to US$ 422.8 Bn by 2032. To maintain the integrity of the original manufactured product throughout the supply chain, brand owners are adopting anti-counterfeiting packaging solutions. Anti-counterfeit …
Syringe Filling Machine Market: An Overview of Current Trends and Future Growth by 2032
The syringe filling machine Market forecasted to registering 3.5% CAGR during the forecast period (2022-2032) and to reach US$ 213.8 Million by 2032. Survey Conducted by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Syringe Filling Machine Market over the Assessment Period …