The Cap and Closure Market is estimated to reach a valuation of USD 81.1 billion in 2024. The industry is projected to be worth USD 137.2 billion by 2034, rising at a CAGR of 5.3% between 2024 and 2034. The dynamic market is witnessing significant growth driven by diverse industries and evolving consumer preferences. Caps and closures play a critical …
Category Archives: Packaging Facts
Security Holograms Market is Supposed to Rise at a CAGR of 5.1% through 2033 | Future Market Insights, Inc.
According to FMI’s latest study, the security holograms market is anticipated to be valued at USD 5,233.2 million in 2023. Security hologram sales are estimated to exceed USD 8,633.6 million by 2033, rising at a CAGR of 5.1% during the forecast period. The increasing demand for anti-counterfeiting devices to tackle the threat of counterfeiting is driving …
Glassine Paper Market is Expected to Reach a High Valuation of USD 4.99 Billion by 2033 | Future Market Insights, Inc.
The global glassine paper market is expected to experience strong growth in 2023, with revenues projected to rise by 3.2% yoy. The glassine paper market is poised for even greater expansion, with revenue expected to nearly double in the next decade. By 2033, the global market for glassine paper is estimated to reach USD 4.99 …
Shaping the Future of Packaging: Growth and Trends in the Flexible Plastic Packaging Industry
The flexible plastic packaging industry is experiencing robust growth, fueled by the increasing demand for lightweight, cost-effective, and versatile packaging solutions in sectors like food, beverages, pharmaceuticals, and consumer goods. Future trends highlight a shift towards sustainable materials, with a focus on biodegradable, recyclable, and compostable plastics to address environmental concerns. Innovations in barrier technologies, …
Global Demand for Reliable Storage: Insights into the Intermediate Bulk Container (IBC) Industry
The Intermediate Bulk Container (IBC) industry is experiencing significant growth, driven by the rising demand for safe and efficient storage and transportation solutions across various sectors, including chemicals, food and beverages, pharmaceuticals, and agriculture. Future trends focus on the development of more durable, lightweight, and eco-friendly materials, such as recyclable plastics and composite materials. Additionally, …
Innovating Waste Reduction: Key Trends in the Pulp Molding Machines Industry
The pulp molding machines industry is expanding due to increasing demand for sustainable, eco-friendly packaging solutions. Industries such as food and beverage, electronics, and consumer goods are driving growth by adopting molded pulp products as alternatives to plastic. Future trends include advancements in machine automation, faster production speeds, and innovations in mold designs for enhanced …
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Driving Packaging Automation: Innovations in the Box and Carton Overwrapping Machines Industry
The box and carton overwrapping machines industry is growing rapidly, fueled by demand for efficient, secure, and visually appealing packaging in sectors like food, pharmaceuticals, and cosmetics. Future trends include the integration of automation, IoT-enabled smart machines, and robotics for enhanced productivity and precision. Additionally, the focus on sustainable packaging solutions is driving innovations in …
Global Bag Closures Market to be Worth USD 385.1 Million by 2033: Future Market Insights, Inc.
The global bag closures market is experiencing significant growth, with a valuation of USD 217.1 million in 2023 and an anticipated market size of USD 385.1 million by 2033, according to recent industry insights. Driven by rising demand across various sectors including food, bakery, and industrial applications, the market is expected to grow at a …
Industrial Electronics Packaging Market is Expected to Reach a Strong Valuation of USD 2,906.73 Million by 2033 | FMI
According to a comprehensive analysis by Future Market Insights (FMI), the global industrial electronics packaging market is projected to witness a CAGR of 4.1% during the forecast period from 2023 to 2033. The market size, valued at USD 1,944.9 million in 2023, is anticipated to reach USD 2,906.73 million by the end of 2033. The …
Global Elastic Laminate Market Size and Share Worth USD 7.3 Billion by 2034 at a 2.7% CAGR: Future Market Insights, Inc.
According to a recently updated research report by Future Market Insights (FMI), the global elastic laminate market is poised to achieve a valuation of USD 5.6 billion by the end of FY 2024. This steady growth is attributed to the rising adoption of elastic laminates by manufacturers of adult incontinence products, diapers, and feminine hygiene …