The global banding machine market is poised for significant growth, with an anticipated valuation of around USD 4.92 billion in 2023. Driven by rising adoption across diverse industries such as food & beverages, electronics, e-commerce, logistics, pharmaceuticals, and more, the demand for banding machines is projected to increase at a robust CAGR of 4.7% between 2023 …
Category Archives: Packaging Facts
Global Pre-Printed Tape Market Expected to Reach USD 55.4 Billion by 2033, Driven by Technological Advancements and Attractive Packaging
The global pre-printed tape market is estimated to be valued at USD 41.2 billion in 2023, with a projected increase at a CAGR of 3% during the forecast period from 2023 to 2033. By the end of the forecast period, the market share is expected to reach USD 55.4 billion, driven by factors such as attractive …
Pouch Tapes Market to Reach USD 1.24 Billion by 2033 Driven by Demand from New End-User Verticals
The global pouch tapes market is projected to reach a valuation of USD 1.24 billion by 2033, growing from USD 979.25 million in 2023 at a CAGR of 2.4% during the forecast period from 2023 to 2033, according to the latest report. Market Overview: The pouch tapes market is expected to see substantial growth due …
Global Poultry Packaging Market to Reach USD 3.85 Billion by 2033 with Rigid Packaging Leading the Way
The global poultry packaging market is projected to reach a valuation of USD 3.85 billion by 2033, expanding at a CAGR of 4.0% from USD 2.6 billion in 2023, according to the latest analysis by Future Market Insights (FMI). This growth is driven by increasing demand for nutritious poultry products and the preference for rigid …
Aseptic Paper for Packaging Market to Reach USD 15.82 Billion by 2033, Driven by Technological Innovation and Expanding Applications
The global aseptic paper for packaging market is projected to witness substantial growth, reaching a valuation of USD 15,818.84 million by 2033 from USD 9,804.37 million in 2023, with a CAGR of 4.9% during the forecast period (2023-2033), according to a recent analysis. This growth is attributed to expanding applications and continuous technological innovation in …
Wrap-Around Cartoners Market Expected to Reach USD 2,017.9 Million by 2034, Growing at a CAGR of 2.6%
The global wrap-around cartoners market is projected to expand significantly, with an estimated market size of USD 1,561.1 million in 2024 and anticipated growth to USD 2,017.9 million by 2034. This growth translates to a compound annual growth rate (CAGR) of 2.6% over the forecast period from 2024 to 2034. In 2023, the revenue generated …
Self-Laminating Tags Market Expected to Reach USD 145.35 Billion by 2032, Registering a CAGR of 4.8%
The global self-laminating tags market is projected to witness robust growth, with an estimated compound annual growth rate (CAGR) of 4.8% from 2022 to 2032. The market, valued at approximately USD 90.95 billion in 2022, is anticipated to reach USD 145.35 billion by 2032. This growth is driven by the increasing application of self-laminating tags …
Absorbent Booms & Socks Market to Grow at a CAGR of 10.6%, Reaching USD 4.7 Billion by 2032
The global absorbent booms & socks market is poised for impressive growth, with an expected compound annual growth rate (CAGR) of 10.6% over the forecast period. The market, currently valued at USD 1.7 billion, is anticipated to reach USD 4.7 billion by 2032, driven by the increasing demand for effective spill containment solutions and the …
Conductive Fluted Sheets Market to Reach USD 127 Billion by 2032, Driven by Expansion in the Electronics and Protective Packaging Sectors
The global conductive fluted sheets market is poised for robust growth, projected to reach a market value of USD 127 billion by 2032, from USD 78.5 billion in 2021, registering a compound annual growth rate (CAGR) of 4.45% during the forecast period from 2022 to 2032. The rising demand in the electronics and protective packaging …
Sterilization Tunnel Market to Soar at a CAGR of 13% Through 2032, Driven by Pharmaceutical Advancements and Packaging Innovations
The global sterilization tunnel market is projected to experience robust growth, registering a compound annual growth rate (CAGR) of 13% during the forecast period from 2021 to 2032. The market, valued at USD 12 billion in 2021, is anticipated to reach an impressive valuation of USD 46.03 billion by 2032. This expansion is primarily attributed …