The wine barrels market is estimated to value at US$ 4.1 billion in 2022 and is projected to reach US$ 5.7 billion by 2029, at a CAGR of 4.8% during the forecast period. The wine barrel market is a niche industry that provides a necessary component for the wine industry. Wine barrels are primarily used for the aging and storage of wine. They provide a …
Category Archives: Packaging Facts
Active, Smart And Intelligent Packaging Market Worth US$ 43.3 Billion by 2027 With CAGR 9.8%
The Global Active, Smart and Intelligent Packaging Market is estimated at US$ 27.1 Bn in 2022 and is projected to reach US$ 43.3 Bn by 2027, at a CAGR of 9.8% from 2022 to 2027. The global packaging industry has witnessed rapid innovations in the last few years owing to rising consumer preferences for advanced packaging solutions. To cater to frequently changing consumer …
Robotic Aseptic Syringe Filler Capper Market to Reach US$ 3,650.2 Million By 2032
The global robotic aseptic syringe filler capper market size is expected to reach US$ 3,650.2 Million in 2032. The robotic aseptic syringe filler capper market is growing rapidly According to FMI Analysts, the global market for robotic aseptic syringe fillers and cappers is expected to reach US$ 2,419.1 million in 2022 and grow at a CAGR of 4.2% from …
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Global Trash Can Liners Market will surpass US$ 543.54 Million by 2032 at a CAGR of 4.5% till 2033
The trash can liners market is expected to record a CAGR of 4.5% during the forecast period 2022-2032, up from US$ 350 Million in the year 2022 to reach a valuation of US$ 543.54 Million by 2032. How is the Competitive Landscape in the Trash Can Liners Market The trash can liners have a wide range of applications in people’s day-to-day lives such as restaurants, offices, …
At CAGR of 5.6%, Bi-metal Cans Market Size Worth US$ 45.5 Billion by 2032
The global bi-metal cans market is anticipated to record a CAGR of 5.6% during the forecast period. It is expected the market value will go up from US$ 25 Bn in 2021 and reach a valuation of US$ 45.5 Bn by 2032. The unique dual benefits of bi-metal cans above conventional single-metal cans are what are responsible for their increased popularity. In bi-metal …
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Global Hinged Lid Tins Market Size to Grow to About US$ 10.8 Billion by 2032
The global hinged lid tins market size is projected to be valued at US$ 10.8 Billion in 2032 and exhibit considerable growth at a CAGR of 3.7% in the forecast period from 2022 to 2032. In 2022, it’s anticipated to reach US$ 6.1 billion. The market is anticipated to be driven by hinged lid tins’ attractive look and high bearing capacity. …
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Plastic-Free Packs Market is Anticipated to Reach a valuation of US$ 8,000.8 million by 2032 at 8.1% CAGR
The global plastic-free packs market is projected to reach US$ 8,000.8 million by 2032, up from US$ 3,671.8 million in 2022, advancing at a CAGR of 8.1% during the forecast period (2022-2032). The packaging industry is emphasising the use of plastic substitutes like metal, paper, or glass, which is driving demand for plastic-free packaging because these materials are easily biodegradable …
The Global On-The-Go Pots Market to Show Positive Growth at CAGR of 4.1% During the Forecast Period 2032
The global on-the-go pots market is anticipated to be valued at US$ 117.3 in 2022, forecast to grow at a CAGR of 4.1% during the forecast period. The market is expected to project a revenue of US$ 175.3 Mn in 2032. Excellent printing quality and sustainable material used to manufacture certain food packaging commodities surge the adoption of on-the-go pots. Increasing demand for recyclable, …
Lubricant Packaging Market to Witness Stunning Growth by 2029
“The lubricant packaging market is projected to record a CAGR of ~5% during 2019-2029, majorly driven by the sales of automobiles, despite increasing prevalence of electric vehicles in the transport sector. An incessant rise in number of passenger vehicles worldwide has translated into rewarding opportunities for the lubricant packaging manufacturers. ” An incessant rise in …
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Bulk Container Packaging Market to Grow at Robust CAGR by 2031
“Global bulk container packaging sales are set to grow at 3.1% in 2021, up from a modest 1.8% growth witnessed in 2020, according to latest insights presented by Future Market Insights (FMI). ” Bulk container packaging demand remained lackluster in 2020, mimicking the broader sluggishness in global economy. However, as revival commences, bulk container packaging …
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