Metal Can Market The global metal can market is anticipated to witness consistent growth throughout the forecast period, expanding at a CAGR of 2%. The market value is expected to rise from USD 40.4 billion in 2024 to USD 49.3 billion by 2034, driven by a combination of social, economic, and environmental factors that are …
Category Archives: Packaging Facts
Confectionery Packaging Market Poised for Growth, Expected to Reach USD 17.50 Billion by 2033 with a CAGR of 4.4%
The global confectionery packaging market is poised for significant expansion, fueled by increasing demand for lightweight, protective, and visually appealing packaging solutions among confectionery manufacturers. According to forecasts, the market is expected to grow at an average compound annual growth rate (CAGR) of 4.4% during the forecast period, reaching a revenue of US$ 11.37 billion in 2023 and …
Nylon Films for Liquid Packaging Market Set for Steady Growth, Valued at USD 432.5 Million in 2024 and Projected to Exceed USD 604.3 Million by 2034
The dietary preferences of urban populations are shifting significantly, leading to a rising reliance on packaged food. In response to this trend, manufacturers are increasingly adopting nylon films, known for their strong barrier properties and superior strength and durability compared to alternative materials. The nylon films for liquid packaging market is expected to grow steadily …
Global Plastic Caps & Closures Market Set to Surpass USD 76.9 Billion by 2033, Driven by Robust Growth in Beverage Sector
Plastic Caps & Closures Market The global plastic caps and closures market is poised for significant growth from 2023 to 2033, according to a research report published by Future Market Insights. The market is expected to surpass a valuation of USD 45,913.6 million in 2023 and reach an estimated USD 76,953.0 million by 2033, exhibiting …
Global PET Stretch Blow Molding Machines Market Expected to Reach USD 978.4 Million by 2033, Driven by Automation and Production Efficiency
The global PET stretch blow molding machines market is poised for significant growth, projected to gain a valuation of USD 760.0 million in 2023 and expand at a CAGR of 2.9% from 2023 to 2033. By the end of the forecast period, the market is anticipated to register a valuation of USD 978.4 million. Notably, …
Global Specialty Film Market Set to Reach USD 28.8 Billion by 2034, Driven by Rising Demand in Food and Beverage Packaging
.The global specialty film market is anticipated to grow steadily, with a projected CAGR of 2.30%, reaching USD 28.8 billion by 2034. This growth trajectory reflects a rise from an estimated USD 22.9 billion in 2024 and a current market valuation of USD 21.1 billion in 2023. Several key factors are contributing to this modest …
Global Labels Market Projected to Reach USD 67.36 Billion by 2033, Driven by Rising Demand for Pressure-Sensitive and Smart Labels
Labels Market The global labels market is poised for substantial growth, with an expected valuation of USD 41.75 billion in 2023. The market is forecasted to accelerate at a CAGR of 4.9% from 2023 to 2033, potentially reaching USD 67.36 billion by the end of the forecast period. Key Market Drivers Pressure-Sensitive Labels (PSL) Segment …
Global Technical Films Market Set to Reach USD 64.5 Billion by 2033, Driven by Demand for Lightweight Materials in Automotive and Aerospace Industries
The global technical films market is projected to experience significant growth, with its value expected to increase from USD 38.5 billion in 2023 to USD 64.5 billion by 2033, exhibiting a compound annual growth rate (CAGR) of 5.3% over the forecast period. This growth is largely fueled by the increasing focus on safety and protection across various …
Global Wine Barrel Market to Reach USD 6.4 Billion by 2034 Amid Rising Demand for Artisanal and Organic Wines
Wine Barrel Market The global wine barrel market is set to experience significant growth over the next decade, with a projected CAGR of 4.3% during the forecast period from 2024 to 2034. According to recent industry analysis, the market is expected to increase from USD 4.2 billion in 2024 to USD 6.4 billion by 2034. …
Paper Bag Market to Reach USD 8.7 Billion by 2034 Amid Surging Demand for Eco-Friendly Packaging Solutions
Paper Bag Market The global paper bag market is on a robust growth trajectory, with its valuation expected to rise from USD 5.6 billion in 2024 to USD 8.7 billion by 2034, marking a steady CAGR of 4.3% over the forecast period. The surge in demand for eco-friendly packaging solutions across various industries is a key factor …