The global packaging jars market is projected to have a moderate-paced CAGR of 2.9% during the forecast period. The current valuation of the market is US$ 33,040.4 Million in 2022. The market value of the packaging jars market is anticipated to reach a value of US$ 43,974.3 Million by the year 2032. The need for packing jars is anticipated …
Category Archives: Packaging Facts
Booming Growlers Market Set to Reach US$ 726 million by 2033 as Craft Beer Enthusiasts Embrace Portable Brewing
According to FMI’s analysis, the growlers market is projected to grow at a CAGR of 2.7% during the forecast period. By the end of 2033, the market size is expected to reach US$ 726 million, up from US$ 556.2 million in 2023. The increasing use of growlers is driven by the rising beer consumption patterns …
Rapid Surge Expected in Elastic Laminates Market, Projected to Reach US$ 8.4 billion by 2028
The global elastic laminates market is set to exceed the US$ 6 billion mark in 2022, experiencing a growth rate of 5.4% over the period from 2022 to 2028. According to a study by FMI, manufacturers of personal hygiene products currently dominate the market, accounting for approximately 85% of the market share. Among the various …
Industrial Paper Sacks Market to Reach US$ 5.4 billion by 2033, Driven by Growing Demand and Sustainability Trends
The industrial paper sacks market is expected to witness steady growth during the forecast period, with a projected compound annual growth rate (CAGR) of 4.2%. The market is anticipated to expand from its estimated value of US$ 3.6 billion in 2023 to reach a value of US$ 5.4 billion by 2033. The increasing adoption of …
Explosive Growth Predicted for Direct-to-Shape Inkjet Printers Market, Valued at USD 6.6 billion by 2030
The global direct-to-shape inkjet printers market is expected to experience significant growth in the coming years. With a projected valuation of US$ 3.8 billion in 2022, the market is anticipated to grow at a compound annual growth rate (CAGR) of 7.2% and reach a value of US$ 6.6 billion by 2030. The rise in sales …
Surging Demand Propels Heavy Duty Bags & Sacks Market to US$ 16.6 billion by 2028
Heavy duty bags and sacks are extremely strong and versatile. Compared to other bags, heavy duty bags and sacks have a number of advantages due to their low thickness and strong strength. Heavy-duty bags and sacks are capable of holding a lot of things. As a result, these strong bags and sacks are widely used …
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Growing Pharmaceutical and Food Industries Drive Blow-fill-seal Equipment Market to Exceed US$ 7.7 billion by 2028
The blow-fill-seal equipment market is projected to grow at a compound annual growth rate (CAGR) of 5.9% during the forecast period of 2022 to 2028. The market growth is driven by the rapid expansion and progress of the packaging industry, along with increasing applications in various end-use industries. The demand for blow-fill-seal equipment, which is …
Automation Advancements Propel Global Palletizers Market to Surpass USD 3.4 billion by 2028
The palletizers market is expected to demonstrate strong growth over the assessment period, with a projected compound annual growth rate (CAGR) of 4.7%. By 2022, the market is estimated to reach USD 2.6 billion. Palletizers are efficient material handling solutions, and they are anticipated to be the primary driver of market growth from 2022 to …
Rising Emphasis on Sustainable Supply Chain Drives Returnable Plastic Crates Market to Reach USD 2.4 Billion by 2029
The returnable plastic crates market is expected to witness substantial growth in the coming years. Currently valued at USD 1.6 billion in 2022, the market is projected to reach USD 2.4 billion by 2029, representing a compound annual growth rate (CAGR) of 5.6% from 2022 to 2029. Returnable plastic crates offer several advantages over traditional …
Increasing Demand for Convenient Cleaning Solutions Drives Water Soluble Pods Packaging Market to Exceed US$ 621.6 million by 2028
The global water soluble pods packaging market is expected to experience significant growth in the coming years. In 2022, sales in the market are projected to reach US$ 244.6 million, and by 2028, the market size is estimated to reach US$ 621.6 million, growing at a healthy compound annual growth rate (CAGR) of 16.4%. One …