New Product Development
Barcode labels are used for quick data storing and retrieving. Barcode labels include a representation of the company and product-related information in line and number format. They consist of small black parallel lines of varying widths and gaps which allow companies to obtain real-time data. Some barcode labels are comprised of numbers and pictures which …
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According to Future Market Insights (FMI), the utility cases market is projected to surpass US$ 54.1 Bn, expanding at a 4% CAGR between 2022 and 2032. Due to increasing efforts of product manufacturers to develop novel goods, the utility cases market is expected to rise steadily in the coming years. The utility cases manufacturers are stepping up …
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The global tableware market is expected to reach a valuation of US$ 44.5 Bn by 2022, with sales growing at a 5.6% CAGR over the forecast period. Changing purchasing behavior influenced by the developing domestic segment and increasing urbanization will drive the sales of tableware. People in cities are progressively adopting a western lifestyle in several emerging economies, driving the tableware …
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The global bottles market is expected to reach a market valuation of US$ 108.0 Bn by the year 2022, accelerating at a CAGR of 5.0% by 2022-2032. Future Market Insights (FMI) has predicted the bottles market size to top US$ 108 Bn in 2021. The packaging industry produced 146 million tonnes of plastic and waste generation by the industry was 141 …
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The global tapes market is growing at a CAGR of 4.8% in the forecast period. Surging demand for masking and pressure sensitive tapes will result in high growth of the market. During 2015-2021, the global tapes market grew at a CAGR of 3.4%. The period saw the arrival of new market participants and product advancements, which fueled …
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Future Market Insights (FMI) predicts the global packaging bins market size to top US$ 3 Bn in 2032, up from US$ 2 Bn in 2022. Driven by surging demand for bulk packaging, the market is poised to grow by 4.4% between 2022 and 2032. Bulk bins are packaging solutions used for storing and transporting bulk materials/contents. These …
Future Market Insights (FMI) predicts the global sales in the jar market to top US$ 61 Bn in 2032 from US$ 42.2 Bn in 2022. Jars are the rigid packaging solution made from plastic, glass, metal, or paper material that are durable and cost-effective. They are used in different industries such as food & beverages, pharmaceuticals, cosmetics …
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The overall rubber tapes market is projected to develop at a reliable 4.4% CAGR, showing up at US$ 1.4 Bn in 2032. Extending interest for rubber tapes from the equipment and advancement regions should help bargains by 1.6 times some place in the scope of 2022 and 2032. Interest for substantial sticky material is supposed to increment …
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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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According to Future Market Insights (FMI), the global syringes market is expected to surpass a valuation of US$ 49.2 Bn by the end of 2032. Availability of syringes in different capacities such as small volume syringe, medium volume syringe, and large volume syringe is propelling the demand in the market. These syringes are used by various end …
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