New Product Development
Integrity and high performance quality are necessary features for products supplied in the parenteral packaging market. The global IV bags market has emerged as a key market segment in the parenteral packaging market and is marked by supply of plastic materials used for intravenous therapy with principal application in hospital care. Patients suffering with diarrhea …
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As per FMI, the global eco-friendly paper plates market size is set to reach a valuation of US$ 1.8 Bn by 2032 and exhibit growth at a CAGR of 4.3% from 2022-2032. The market is anticipated to be valued at US$ 1.1 Bn in 2022. Due to shifting lifestyles and rising disposable income, especially in …
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The global foam pouch market is projected to grow from US$ 550.4 Mn in 2022 to US$ 892.7 Mn by 2032, exhibiting a CAGR of 5.0% throughout the forecast period. Rising usage of foam pouches across various industries for protecting fragile items is driving the global foam pouches market. Foam pouches have become ideal packaging solutions for …
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The global banding machine market is projected to grow from US$ 4.7 Bn in 2022 to US$ 7.5 Bn by 2032, exhibiting a CAGR of 4.7% during the forecast period (2022-2032). Rising adoption of banding machines in end-use industries like food & beverage, pharmaceutical, electronics, e-commerce, and logistics is providing a major impetus to the growth of …
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Registering a year-on-year (Y-o-Y) growth rate of 3.5%, the global pouch equipment market was valued at around US$ 2.9 Bn in 2021 and it is likely to touch a valuation of US$ 3 Bn in 2022. Furthermore, with rising adoption of pouch machines across various industries including food and beverages, pharmaceutical, chemical, and personal care, the overall pouch equipment sales are slated to …
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As per FMI, the global pallet banding machine market size is expected to grow from US$ 2921.0 Mn in 2022 to US$ 4704.7 Mn by 2032. Rapid expansion of packaging industry, growing demand for advanced packaging solutions, and innovations in pallet banding machines are some of the key factors proving impetus to the growth of pallet banding …
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The reusable water bottle market has been valued at US$ 8.9 billion in 2022, and it is expected to grow at a CAGR of 3.6 to reach US$ 12.7 billion by 2032. People are taking on the responsibility of reducing their contribution to the plastic problem as they become more aware of the environmental hazard. Furthermore, people’s …
The global cup carriers market is expected to reach a valuation of US$ 320.9 Mn in 2022. Sales are projected to gain traction at a 5.1% CAGR over the assessment period, with the market valuation reaching US$ 528.5 Mn by 2032. Cup carriers have grown popular due to their availability in different sizes and designs. In addition, …
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As per Future Market Insights (FMI), the box sealing machines often referred to as carton sealers, are used to close and seal cardboard boxes in packing lines. Box sealers provide end users with fast and efficient packaging technology. Leading companies around the world are introducing box sealers with advanced sealing technology, boosting the demand for carton sealers …
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According to Future Market Insights (FMI), the plastic liners market is expected to total US$ 7.2 Bn in 2032, expanding at a 4.8% CAGR during the forecast period (2022-2032). Plastic liners are the flexible packaging solution which are used for transporting bulk products from one destination to other. The plastic liners are used for protecting the bulk …
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