New Product Development
According to a market study by Future Market Insights (FMI), the demand for plastic punnets increased among end users with growing consumption of packaged fresh food. However, due to growing environmental concern, manufacturers and end users are adopting sustainable packaging formats to preserve nature and ensure maximum product shelf life. To capitalize on this existing trend, some …
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Corrugated bin boxes are made from the corrugated board, which is a preferred packaging material, because of its sustainability, recyclability and versatile features. Manufacturers are getting influenced by this high-performance material and therefore are preferring corrugated materials over other conventional materials. Corrugated bin boxes are manufactured from natural renewable resources, consuming high percentages of recovered fibers …
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As per FMI, the global cans market is projected to reach US$ 51.6 Bn in 2032 and exhibit growth at a CAGR of 3.8% in 2022-2032. The market is estimated to reach a valuation of over US$ 35.6 Bn in 2022. Cans are best suited for preserving food as it prevents growth of microorganisms that cause foodborne illnesses. Being 100% recyclable, food cans …
The global crates market is projected to grow from US$ 5.2 Bn in 2022 to US$ 9.2 Bn by 2032, exhibiting a CAGR of 5.9% throughout the forecast period. Rising usage of crates across numerous end-use industries such as food & beverages, pharmaceuticals, automotive, and logistics is a key factor driving growth in the global crates market. Crates are huge, robust containers that are useful …
As per Future Market Insights (FMI), the global tea packing machine market size is estimated to be valued at US$ 811.4 Mn in 2022. Furthermore, with rising production and consumption of tea globally along with increasing need for improving production efficiency in manufacturing facilities, the overall sales of tea packing machines are slated to grow at 5.7% between 2022 and 2032, …
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A detailed survey conducted by Future Market Insights (FMI) offers compelling insights into key drivers and opportunities facilitating growth expansion of the global foamer pump market. It studies the market across various segment in terms of pump type, material, and applications. The report also uncovers the hidden growth prospects in the foamer pump market size for the …
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Future Market Insights (FMI), Dubai: As per FMI, the global intelligent packaging market size is estimated to top US$ 19.7 Bn in 2021. Suring applications of intelligent packaging solutions across cosmetics, personal care, healthcare, and consumer goods industries is augmenting the demand in the market. On account of this, the market is anticipated to exceed US$ 46.7 Bn by 2031, expanding at …
In a recent market survey, Future Market Insights (FMI) has projected the demand in the security bags market to grow by 8% CAGR between 2021 and 2031. The overall security bags market size is expected to total US$ 419 Mn in 2021. Growing public sector investments in the development of secure packaging solutions are expected to push sales of security bags …
Masking tapes are highly sought-after components in the automotive, construction, aerospace, and other industries due to their productive usage in heavy engineering activities. The masking tapes market is expected to grow at a 3.9 percent CAGR in 2021, according to a new analysis by Future Market Insights (FMI), as operations across industries restart following the COVID-19 …
The global lubricant packaging market is predicted to reach a value of US$ 15.5 Bn by 2029, with the market growing at a moderate CAGR of 5.2% from 2022 to 2029. In 2022, the target market will likely reach an estimated US$ 11.4 Bn. Heightened demand for flexible and strong packaging solutions for different usage in multiple industry …
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