The global wine box market is anticipated to be valued at US$ 1,112.5 million in 2022 and to increase at a compound annual growth rate (CAGR) of 5.1% from 2022 to 2032, reaching US$ 1,829.5 million by that year. Wine boxes are increasingly in demand due to the rising global demand for bottled wine and …
Category Archives: Packaging Facts
Rising Demand for Efficient Packaging Drives Global Packaging Automation Market Growth to Swell US$ 161.66 billion by 2033.
Over the forecast period, the market for packaging automation is anticipated to grow at a moderate rate of 8.05%. In 2023, the packaging automation market is expected to be worth US$74.53 billion. Demand for packaging automation is anticipated to peak at US$ 161.66 billion by 2033. The market for packaging automation is anticipated to benefit …
Global Filtration Paper Market Outlook on Application, Latest Segmentations And Key Players by 2032
The global filtration paper market is projected to reach a value of US$ 3.6 Billion by 2032, with the market growing at a steady CAGR of 4.6% from 2022 to 2032. Climbing up from a value of US$ 2.2 Billion in 2021, the target market is set to reach an estimated US$ 2.3 Bn in 2022. …
Growing Demand for Leak-Proof Containers Drives Plunger Stopper Market Growth to US$ 223.2 Million by 2032
The global Plunger stopper market size is expected to grow from US$ 128.1 Million in 2022 to US$ 223.2 Million by 2032, with overall sales rising at 5.7% CAGR throughout the forecast period. The plunger stopper market is one of the fastest-growing markets in the global packaging industry. A plunger stopper is used in syringes to ensure that a vaccine contained in the …
Rising Demand for Sustainable Packaging Drives Growth of Biodegradable Lids Market to Surpass US$ 416.6 Million by 2032
The global biodegradable lids market is set to reach a valuation of US$ 241.6 Million in 2022, and further expand at a CAGR of 5.6% in the forecast period from 2022 to 2032. The market is projected to reach a valuation of US$ 416.6 Million by the end of 2032. The biodegradable lids market has been gaining significant traction in recent years due …
Corking the Wine Industry: Trends and Insights into the Wine Cork Market to reach US$ 92.2 Million by 2032.
The global wine cork market is set to enjoy a valuation of US$ 59.3 Million in 2022, and further expand at a CAGR of 4.5% to reach US$ 92.2 Million by the year 2032. Consumers prefer to buy wines with cork stoppers. Cork demand has increased due to a larger proportion of wine being sealed with …
Mushroom Packaging Market: Sustainable and Innovative Solutions for Packaging Industry With 7.2% CAGR by 2032
The global mushroom packaging market is projected to reach a value of US$ 115.7 Million by 2032, with the market growing at a healthy CAGR of 7.2% from 2022 to 2032. Valued at US$ 55.5 Million in 2021, the target market will likely reach an estimated US$ 57.9 Million by 2022. Driven by elevated demand from …
Revolutionizing Packaging with Fiber Lids: Trends, Innovations, and Opportunities in the Market by 2032
The global market for fibre lids is anticipated to reach a valuation of US$ 41.8 million in 2022 and continue to grow at a CAGR of 5.6% to reach US$ 72.0 million by the year 2032, according to research from Future Market Insights. With the top 5 suppliers controlling 25–30% of the worldwide market for fibre lids …
Stronger Together: Exploring the Ultra High Bond (UHB) Tape Market and Its Applications to reach US$ 1,423.4 Million by 2032
The ultra high bond (UHB) tape market would generate US$ 948.4 Million in revenue in 2021, according to the FMI estimate. The global ultra high bond (UHB) tape market is anticipated to reach US$ 1,423.4 Million by 2032, growing at a CAGR of 3.8% during the forecast period due to the rising need for reinforcing solutions …
Fiber-Based Packaging Market: Sustainable Solutions for Modern Packaging Needs to US$ 437,124.3 Million by 2032
The global fiber based packaging market is forecasted to be appraised at US$ 437,124.3 Million by 2032, up from US$ 319,012.7 Million in 2022, advancing at a CAGR of 3.2% during the forecast period. The demand for fiber-based packaging has increased in recent years due to several factors. One key driver is the growing awareness of the …