The global pipe marking tape market is set for remarkable growth, with a compound annual growth rate (CAGR) of 9.8% during the forecast period from 2022 to 2032. Valued at USD 2.93 billion in 2022, the market is projected to reach a robust USD 6.91 billion by 2032. The rise in demand is attributed to …
Category Archives: Packaging Facts
Base Paper Market to Reach USD 360 Billion by 2032, Driven by Eco-Friendly Packaging and Enhanced Printing Quality
The global base paper market is set to grow steadily at a compound annual growth rate (CAGR) of 1.75% during the forecast period from 2022 to 2032. According to the latest report, the market is currently valued at USD 302.66 billion and is expected to reach USD 360 billion by 2032. Key drivers behind this …
Retort Machine Market Expected to Grow at 2.20% CAGR, Reaching USD 1.9 Billion by 2034 | FMI
The global retort machine market, valued at USD 1.5 billion in 2023, is projected to achieve a compound annual growth rate (CAGR) of 2.20% over the forecast period, reaching USD 1.9 billion by 2034. Retort machines are becoming increasingly crucial in the food packaging industry due to their ability to extend the shelf life of …
Plastic-Free Pack Market Expected to Reach USD 12.5 Billion by 2034 with a CAGR of 4.2%
Plastic-free Pack Market The global plastic-free pack market is projected to grow from USD 8.3 billion in 2024 to USD 12.5 billion by 2034, reflecting a compound annual growth rate (CAGR) of 4.2% over the forecast period. Rising environmental concerns, increasing government regulations on plastic use, and shifts in consumer preferences are key drivers behind …
Pallet Jacks Market Set to Grow to USD 1,509.6 Million by 2033, Driven by Electric and IoT Innovations
Pallet Jacks Market The global pallet jacks market is projected to expand from USD 1,112.5 million in 2023 to USD 1,509.6 million by 2033, with a steady compound annual growth rate (CAGR) of 3.1% over the forecast period. The growing adoption of electric pallet jacks, integration of Internet of Things (IoT) technology, and increased …
Oxygen Indicator Labels Market Set to Reach USD 989.3 Million by 2032, Driven by Demand for Freshness and Quality Assurance in Packaging
Oxygen Indicator Labels Market The global oxygen indicator labels market is projected to grow from USD 585.3 million in 2022 to USD 989.3 million by 2032, reflecting a compound annual growth rate (CAGR) of 5.4% over the forecast period. This rapid expansion is attributed to the increasing consumer demand for natural and organic products, alongside …
Push-Back Racking System Market Set to Grow at 7.5% CAGR, Projected to Reach USD 23 Billion by 2032
The global push-back racking system market is poised for substantial growth, with an anticipated compound annual growth rate (CAGR) of 7.5% from 2022 to 2032. The market, valued at USD 12.12 billion in 2022, is forecasted to exceed USD 23 billion by the end of the forecast period, driven by the increasing demand for efficient …
Push-In Plug Vials Market Projected to Reach USD 11.5 Billion by 2032, Growing at a CAGR of 5.2%
The global push-in plug vials market is poised for significant growth over the next decade, with an anticipated expansion at a compound annual growth rate (CAGR) of 5.2% during the forecast period from 2022 to 2032. The market, currently valued at USD 7.47 billion in 2022, is expected to reach USD 11.5 billion by 2032, …
Botanical Packaging Market Gains Momentum as Demand for Eco-Friendly Solutions Surges
The global botanical packaging market is experiencing a surge in demand, driven by growing momentum towards eco-friendly packaging solutions and increasing environmental concerns surrounding plastic usage. Organic packaging, including botanical packaging, is gaining prominence for its pivotal role in reducing carbon footprint, thus presenting a promising alternative to traditional plastic packaging. In recent years, manufacturers have been …
ESD Stackable Box Market Projected to Reach USD 296.6 Million by 2034 | FMI
The global market for electrostatic discharge (ESD) stackable boxes is on a steady growth trajectory, with the market expected to exceed USD 220.7 million by 2024. Fueled by the increasing demand for electronics and automotive components, the market is forecast to expand at a compound annual growth rate (CAGR) of 3%, reaching an estimated USD …
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