Over the assessment period of 2022-2032, the essential oil container market is anticipated to grow at a high CAGR range of 7.5% to 9.5%. The markets for chemicals, food and drink, personal care, cosmetics, and personal care products have significantly contributed to the increase in demand for essential oils. This in turn is a significant …
Category Archives: Packaging Facts
Increasing Demand for Sustainable and Hygienic Packaging Boosts Fresh Produce Trays Market US$ 221.61 Billion by 2032
The fresh produce trays market is expected to register a CAGR of 5% during the forecast period, up from US$ 136.05 Bn in 2022 to reach a valuation of US$ 221.61 Bn by 2032. Due to the movement in customer preference from plastic packaging to a sustainable solution in order to appeal to a region’s ecologically conscious …
Rising Need for Secure and Durable Packaging Drives High Impact Corrugated Boxes Market to reach US$ 95.5 Billion by 2032
The high impact corrugated boxes market is likely to record a strong CAGR of 3% during the forecast period. The high impact corrugated boxes market is currently valued at US$ 69 Bn in 2022 and is likely to reach US$ 95.5 Bn by 2032. The high impact corrugated boxes market is expected to grow rapidly in the coming years, driven by increasing demand for eco-friendly packaging solutions, …
Growing Demand for Aromatherapy and Personal Care Products Propels Essential Oil Containers Market Growth by 2032
The essential oil container market is expected to register a healthy CAGR range of 7.5% to 9.5% during the assessment period of 2022-2032. Pharmaceuticals, personal care, cosmetics, food and beverages, and chemicals markets have increasingly contributed to the rising demand for essential oils. This is, in turn, a major factor responsible for expanding the essential oil …
Explosive Growth in Online Retailing Drives Global Retail E-Commerce Packaging Market US$ 21.4 billion by 2027
The global retail e-Commerce packaging market stands at US$ 16.8 billion as of now and is expected to reach US$ 21.4 billion by the year 2027 at a CAGR of 5% between 2022 and 2027. e-Commerce is turned out to be one of the prominent choices for buying goods since the last few years. This asks for sturdy packaging solutions for sustaining handling …
Advancements in Manufacturing Technologies Fuel Global Technical Films Market Growth US$ 47.4 Billion by 2027
According to Future Market Insights, the global technical films market is anticipated to reach a value higher than US$ 47.4 Bn by the end of the year of assessment from a value of around US$ 36.6 Bn in 2022. The technical films market is estimated at US$ ~36.6 Bn in 2022 and is projected to reach US$ ~47.4 Bn by 2027, …
Increasing Consumption of Packaged Beverages Drives Global Beverage Cartoners Market Growth US$ 898.9 Million by 2027
The global beverage cartoners market is estimated at US$ 707.7 Mn in 2022, and is projected to expand at a CAGR of 4.9% to reach a valuation of US$ 898.9 Mn by 2027. The global Beverage Cartoners Market is projected to grow significantly in the coming years due to increasing demand for packaged drinks and the growing need for efficient packaging solutions. Cartoners are machines that …
Rising Demand from Material Handling and Logistics Industry Boosts Global Pallets Market
The global pallets market is expected to reach a valuation of US$ 6.0 Bn in 2022, expanding at 5.6% CAGR over the forecast period. Plastic pallets are predicted to become the most popular pallets, accounting for 41% of the market, according to the survey. In order to ensure safe and contaminant-free product handling during transit, …
Robust Growth in End-use Industries Propels the Global Rotomolded Containers Market By 2027
The market for rotomolded containers is anticipated to exceed US$ 4.5 billion in 2022 and grow to US$ 5.7 billion by 2027 at a CAGR of 4.9%. Sales of rotomolded containers in the region are anticipated to account for 50% of the global market, thanks to rising manufacturing activity in North America and Western Europe. Furthermore, it …
Advancements in Material Technology Drive Membrane Boxes Market Growth With US$ 410.3 Million By 2032
The membrane boxes market reached a valuation of US$ 264.2 Mn in 2022 and expected to reach US$ 410.3 Mn in 2032, at a 4.5% CAGR. In the course of recent years, the packaging industry is encountering a hearty development, and the packaging manufacturers propel new packaging arrangements. Producers are additionally looking to upgrade the consumer base by customization so as to …