New Product Development
Steel drums have emerged as preferred rigid packaging solutions as they are increasingly used for transporting hazardous and non-hazardous material. According to a study by Future Market Insights (FMI), the steel drums market is forecast to register steady growth on the back of increasing applications in industries such as chemicals, food & beverages, petroleum & lubricants, healthcare …
Continue reading “Steel Drum Market Future Strategies and Growth Forecast till 2031”
Paper cups are used in food and beverage, household and institutional sectors. Their high utility across the spectrum can be attributed to their low-weight, eco-friendly nature, cost-effectiveness, and high recyclability. According to a Future Market Insights (FMI) report, the market is expected to surpass US$ 9210 Mn in 2021, at a CAGR of 4.5% between 2021 and …
Continue reading “Paper Cups Market to Reap Excessive Revenues by 2021-2031”
The global digital textile printing market is anticipated to clock a remarkable CAGR of 16.3% over 2022-2029, as suggested by a new Future Market Insights (FMI) report. This astonishing market growth is majorly driven by increasing penetration of the printing sector in developing markets such as China, Mexico, and India, and technological advancements that have taken place …
The global PET Preforms market is meant to witness a CAGR of 3.9% between 2022 and 2030, reaching US$ 21.9 Bn. Rising at a CAGR of 3.9% in terms of value, the PET preforms market is forecast to rise at a steady pace between 2022 and 2030. Future Market Insights (FMI) in its latest study has forecast growth opportunities …
The global glass container market will exhibit 2.1% Y-o-Y growth in 2021, after contracting in 2020 due to disruptions caused by unprecedented COVID-19 outbreak. According to a new study by Future Market Insights (FMI), the near-term opportunities for the market will remain positive, especially as application in beverages packaging continues surging. The report also projected to market …
Continue reading “Glass Container Market Size, Share, Growth Trends, and Forecast Analysis to 2031”
Increasing urbanization and middle class population with surge in literacy rates in the developing countries such as India, China, and Brazil will create the huge demand for paper products such as newsprint, packaging, and writing paper. Also, changing consumer preferences towards convenient packaging solutions along with sustainability in mind will diminish the demand for plastic …
Continue reading “Paper Recycling Market to Garner Brimming Revenues by 2028”
Due to the increased purchasing power of individuals and improved living standards, the personal care and cosmetics market is at its peak, and expected to witness fast-paced growth during the forecast period. Hair care packaging products are segmented on the basis of the form of the hair products. Hair oil is a prominent segment in …
Continue reading “Hair Care Packaging Market Analysis by Size, Share, Growth, Trends up to 2028”
Bisphenol A (BPA) coatings are highly used in food processing industries, baby food bottles, can liners and others. Concerns have raised regarding the use of BPA in food can liners and water bottles due to their harmful effects on human health. BPA-free coatings are gaining ground on the backdrop of growing regulations against the use …
Continue reading “BPA-free Coatings Market Estimated to Expand at a Robust CAGR By 2028”
The global demand for the food industry is showcasing an upward trend with agricultural products being high in consumption demand across North America and APEJ market. This has correlated the demand across packaging market, especially in food bags packaging segment. Traditionally flat bags were the primary choice of food product packaging but which advancement in material usage …
Continue reading “Leno Bags Market Demand, Scope and Future Estimation until 2027”
The flow wrap machines market is expected to reach US$ 422 Million in 2032, and is likely to surge at a CAGR of 3.9% during the forecast period. Packaging has become an indispensable solution owing to the growing concern among manufacturers with regards to product safety and increasing product attractiveness. Flow wrap machines provide effective packaging solution to products with various …