New Product Development
Expanding at a CAGR of 4.4%, the global aluminum extrusions market is projected to increase from a valuation of US$ 121.1 Bn in 2022 to US$ 163.3 Bn by 2029. Over 2022-2029, the global aluminum extrusions market revenue is anticipated to grow at a CAGR of 4.4%, according to the report of Future Market Insights (FMI). Curtain walls and door & window …
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The global pallet wraps market stands at a net worth of US$ 5.9 Bn in 2022, and is projected to rise at a CAGR of 3.8% to end up with an estimated valuation of US$ 7.8 Bn by 2029. Future Market Insights, in its latest research study, delineates growth of pallet wraps market from 2022 to 2029 and outlines overarching trends upholding growth. According to …
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The global adhesive films market is expected to witness a steady CAGR of 5.5% during 2022-2030, according to a new report by ESOMAR-certified market research firm Future Market Insights (FMI). FMI has revised the projection of the adhesive films market, considering the COVID-19 induced sluggishness in automotive industry. Although a recovery is expected in 2021, the rebuilding process …
The global disposable cutlery market is expected dispose off linear transition and move towards exponential transition between 2022 and 2031 at a CAGR of 4%, reaching US$ 2.4 Bn by the year 2031. Disposable cutlery has emerged as the most economical and efficient solution for both indoor and outdoor food service activities. Future Market Insights (FMI) in a …
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Cans are an efficient packaging solution for the storage of different type of goods in various industries. Paint cans are used to store paint, colorants, and other water-based substances. It is generally made up of different materials including metal and plastic. Recent technological advancement noticed in the paint cans market is the growing popularity of …
In the recent years, flexible food packaging have seen significant rise in innovation due to technological advancement. One such type of flexible packaging is flexible packaging paper which has witness upsurge in the demand. Flexible packaging paper is mainly used for packaging of several food items such as confectioneries, snacks, coffee, sugar, etc. In addition, …
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Mounting environmental concerns over recycling / safe disposal of packaging containers have headed to the emergence of new regulations / policies, thus mandating companies to recover their packaging products. However, re-use of this containers especially steel drums with the previous residues may lead to cross contamination. This has led key bulk industrial packaging manufacturers to …
Liquid cartons have made steady progress over the last five years, and are forecast to grow at a significant rate. A liquid packaging carton is a container which enables the safe transportation and storage of liquid products such as juice, milk etc. Liquid packaging is primarily used for packaging Fast-moving consumer goods (FMCG). The liquid …
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The market for bioplastics used in packaging is anticipated to reach USD 16.6 billion by 2027, with a CAGR of 9.5 percent from 2013 to 2021, and is now valued at USD 10.5 billion in 2022. According to the FMI analysis, the market for bioplastics used in packaging would grow by 1.7 times its value …
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The disposable plates market saw lucrative growth in 2021, with worldwide value up 6% year over year. The global disposable plates market is estimated at US$ ~4.8 Billion in 2022 and is projected to reach US$ ~6.4 Billion by 2027, at a CAGR of 5.9% from 2022 to 2027. In terms of product type, the plastic segment is estimated to account for the largest market share of …
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