The ASEAN and Gulf Countries MAP & VSP packaging market is predicted to reach a combined US$ 3,841.0 million worth in 2032, according to a report released by Future Market Insights (FMI). Modern packaging methods like vacuum skin packing (VSP) and modified atmosphere packaging (MAP) are largely designed to increase the shelf life of perishable …
Category Archives: Packaging Facts
Europe Molded Fiber Pulp Packaging Market to Reach US$ 4.5 billion by 2033
Future Market Insights predicts that the European moulded fibre pulp packaging market will be worth US$ 2.6 billion in 2023. Between 2023 and 2033, sales of all moulded fibre pulp packaging are expected to increase across Europe at a rate of 5.7% CAGR, valuing the industry at US$ 4.5 billion. One of the main factors …
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Global Reconditioned IBC Market to Surpass US$ 8,015.4 million by 2032
Large vessels known as intermediate bulk containers (IBCs) are frequently used to transport and store goods including raw materials, bulk hazardous chemicals, petrochemical products, etc. The market for intermediate bulk containers has been driven by the rapid development in demand for ocean transportation containers due to expanding global trade. New, strict requirements as a result …
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Global Rigid Food Packaging Market Expected to Reach US$ 317.7 billion by 2033
According to Future Market Insights, the global market for rigid food packaging is expected to reach US$ 317.7 billion in 2033, up from the US$ 197.5 billion that has not yet been tallied in 2023. The market is anticipated to increase significantly between 2023 and 2033, with a 4.9% CAGR. One of the most significant …
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Global Dosage Spoon Market Expected to Reach US$ 486.1 Million by 2033, Driven by Increasing Demand for Accurate and Convenient Medication Administration
By the end of 2033, the global dosage spoons market is anticipated to have grown from US$ 279.3 Mn in 2023 to US$ 486.1 Mn. During the predicted period from 2023 to 2033, the market is expected to rise steadily at a CAGR of 5.7%. According to a recent FMI report, the top 5 dosage …
Global ID Card Printers Market Projected to Reach US$ 176.4 Million by 2033, Driven by Growing Need for Secure Identification Solutions
The size of the global ID card printers market is anticipated to increase from US$ 116.9 Mn in 2023 to US$ 176.4 Mn by 2033. Between 2023 and 2033, the overall demand for automatic printers is projected to increase at a 4.2% CAGR. A major driver propelling the global market ahead is the expanding use …
Global Active Packaging Market Expected to Reach US$ 64.71 Billion by 2033, Driven by Growing Demand for Food Safety and Longer Shelf Life
The global active packaging market is anticipated to grow at an average annual rate of 9.49% during the forecast period, according to data released by FMI. The market is currently valued at US$ 26.13 billion in 2023. By 2033, it’s expected that the market for active packaging would be worth more than US$64.71 billion. The …
Global Cold Seal Paper Market Projected to Reach US$ 1,349.2 Million by 2032, Driven by Growing Demand for Convenient and Sustainable Packaging Solutions
The cold seal paper market is anticipated to reach US$ 812.7 million in 2022 and grow at a 5.2% CAGR from 2022 to 2032. By the end of 2032, the market is projected to be worth US$ 1,349.2 Mn. By the end of 2022, the top 5 corporations are anticipated to control between 20 and …
Global Personalized Packaging Market to Reach US$ 60.39 billion by 2033, Driven by Rising Demand for Customized Products
Future Market Insights estimates that the personalized packaging market will be valued US$36.10 billion in 2023. Throughout the forecast period, the market is expected to grow at a CAGR of 5.28%. The demand for customised packaging has expanded as a result of its many applications across many industries. Manufacturers frequently employ customised packaging to improve …
Convenient and Secure Packaging Solutions Drive Global Self-adhesive Tear Tape Market Growth US$ 292.3 Million by 2029
The self-adhesive tear tapes market is estimated at US$ 211.7 Million in 2022 and is projected to reach US$ 292.3 Million by 2029, at a CAGR of 4.7% from 2022 to 2029. The self-adhesive tear tapes market generated US$ 202.2 Mn in revenue in 2021, according to FMI. By the end of 2029, the global market for …