New Product Development
By the end of 2022, the egg cartons market is anticipated to be worth US$13,578 million. The market for egg cartons is predicted to reach US$ 23,259.1 Mn by 2032, with sales increasing at a modest CAGR of 5.5% from 2022 to 2032. Worldwide attention is being drawn to packaging solutions. Also, there is an …
Continue reading “Cracking the Egg Carton Market: Trends and Projections for 2022 to 2032”
The drone delivery services market is projected to grow at an astounding CAGR of 33% between 2022 and 2032, when it is projected to reach a value of US$ 5,596.0 Mn. The market for drone delivery services is expanding from its expected value of US$ 322.2 Mn in 2022 because of benevolent government regulations and …
The market for medication pouch inspection systems is anticipated to reach a value of US$ 37 million in 2022 and to grow at a CAGR of 7.6% to reach US$ 59.3 million by the end of 2029. Future Market Insights projects a comparison and review analysis of the market dynamics for medication pouch inspection systems, which are …
It is predicted that the market for heat transfer films would develop at a CAGR of 5.9% from 2022 to 2028, reaching US$ 2.3 billion by 2022. The need for heat transfer films is rising across a range of end-use sectors, including textiles, automotive, and packaging, which is driving the market. Heat transfer films are …
The market for pallet stretch wrapping machines is estimated to be worth USD 412.5 million in 2022 and to grow to USD 509.9 million by 2027 at a CAGR of 4.3%. The market for pallet stretch wrapping machines is anticipated to expand rapidly over the next few years as demand for effective and affordable packaging …
The market for flatback tapes is anticipated to reach USD 1.5 billion by 2027, at a CAGR of 5.9% from 2022 to 2027, from an estimated USD 1.1 billion in 2022. The report states that faltback tapes have very limited applications as these tapes are mostly used in sectors such as automotive, paper industry, electronics, …
The market for composite cardboard tubes is anticipated to reach a value of more than US$ 2 billion in 2026, growing at a CAGR of 5.7% from 2022 to 2026. The cylinder-shaped packaging materials known as multi-layer cardboard tubes, also known as composite cardboard tubes, are made from many layers of paperboard. These tubes are …
The market for packaging dairy products will likely grow at a CAGR of 4.5% between 2022 and 2030, reaching US$ 43.6 Bn by that point. Due to rising dairy product demand and improvements in packaging technology, the global market for dairy products packaging is expanding quickly. The dairy industry has recently shifted towards more practical …
At a CAGR of 5% from 2022 to 2029, the market for high barrier packaging films for pharmaceuticals is anticipated to reach US$ 651.2 Mn by 2029. According to a recent Future Market Insights (FMI) analysis, China, India, and Mexico are expected to have the strongest markets. The market’s development prospects are further boosted by …
The market for transit packaging is anticipated to be worth US$ 62.7 billion in 2022 and US$ 102.1 billion by 2026, growing at a CAGR of 10.4% between 2022 and 2026. Nowadays, transit packaging solutions hold a 27% market share for packaging used in international e-commerce. For the evaluation period of 2022 to 2026, sales …
