The global frozen food packaging machines market is on a robust growth trajectory, with its size projected to reach USD 1,638.5 million in 2023 and is anticipated to surpass USD 2,618.6 million by 2033. The market is expected to grow at a steady CAGR of 4.8% during the forecast period. The increasing global demand for …
Category Archives: Packaging Facts
Global Pulp Molding Tooling Market Poised for Remarkable Growth, Projected to Reach USD 1,622.9 Million by 2033
The global pulp molding tooling market, valued at USD 923.5 Million in 2023, is set for a significant growth trajectory, with projections indicating it will surpass USD 1,622.9 Million by 2033, achieving a robust CAGR of 5.8% during the forecast period. This expansion is driven by the increasing demand for sustainable and eco-friendly packaging solutions …
Global Temperature-Controlled Vaccine Packaging Market Set to Exceed USD 2,016.9 Million by 2033, Driven by Innovations in Smart Packaging and Growing Demand for Vaccine Integrity
The global temperature-controlled vaccine packaging market is projected to witness remarkable growth, with market value expected to surge from USD 917.1 million in 2023 to over USD 2,016.9 million by 2033, at an impressive compound annual growth rate (CAGR) of 8.2% during the forecast period. This significant expansion underscores the critical importance of maintaining vaccine …
Global Aluminum Bottles Market to Double in Value by 2033, Driven by Surging Demand in Beverages and Customization Trends
The global aluminum bottles market is set for significant growth, with market value expected to rise from $7,238.3 million in 2023 to an impressive $14,690.1 million by 2033. According to Future Market Insights (FMI), the aluminum bottle industry is poised to expand at a robust compound annual growth rate (CAGR) of 7.3% over the forecast …
Smart Label Market is Predicted to Reach USD 21.1 Billion, Globally by 2034 at 10.3% CAGR: Future Market Insights, Inc.
The global smart label market value is expected to rise from USD 8.0 billion in 2024 to USD 21.1 billion by 2034. This estimated growth is expected to be driven by a promising CAGR of 10.3% in the smart label industry over the next decade. Increasing cognizance about the myriad benefits of using smart labels, especially for businesses, like real-time inventory tracking, enhanced …
Global Protective Packaging Market to be Worth USD 47.8 Billion by 2034: Future Market Insights, Inc.
The protective packaging market is expected to be worth USD 29.7 billion in 2024. By 2034, the market is projected to reach USD 47.8 billion. The adoption of protective packaging solutions in various industries is likely to expand at a CAGR of 4.70% from 2024 to 2034. The post-pandemic boom in the pharmaceutical industry is a significant driver for the rapid market …
Anti-counterfeit Pharmaceutical Packaging Market is Poised to Grow at a Healthy CAGR of 8.6% by 2033 | FMI
The anti-counterfeit pharmaceutical packaging market is estimated to be worth USD 108.1 billion in 2023 and is projected to be valued at USD 246.6 billion in 2033. Between 2023 and 2033, the market is expected to register a growth rate of 8.6%. Increasing awareness of patients and consumers about the risks of counterfeit medicines is driving the market growth. They are increasingly …
Compostable Plastic Packaging Material Market is Poised to Grow at a Healthy CAGR of 5.2% by 2033 | FMI
The global compostable plastic packaging material market was worth USD 1.89 billion in 2023 and is expected to reach USD 3.1 billion by 2033 at a CAGR of 5.2% between 2023 and 2033. With growing awareness regarding environmental hazards related to plastics, consumers are preferring eco-friendly packaging solutions. This is one of the major factors accelerating …
Global Dairy Product Packaging Market is Expected to Generate USD 43.1 Billion by 2034: Future Market Insights, Inc.
The global dairy product packaging market value is expected to rise from USD 33 billion in 2024 to USD 43.1 billion by 2034. This estimated growth is expected to be driven by a moderate CAGR of 2.7% in the dairy products packaging industry over the next decade. Within the dairy industry, producers seek to achieve product differentiation via packaging. Increasing …
Gas Cylinder Market to Reach USD 9.4 Billion, Globally by 2034 at 2.1% CAGR: Future Market Insights, Inc.
The gas cylinder market is expected to reach a value of USD 7.6 Billion in 2024, with projections indicating a growth to USD 9.4 Billion by 2034. The market is anticipated to experience a steady surge at a CAGR of 2.1%, from 2024 to 2034. The growing adoption of specialty gases in niche applications such as semiconductor manufacturing, pharmaceuticals, and scientific research …