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Future Market Insights (FMI), in its new study, outlines the growth prospects of the sachet packaging market for the forecast period, 2021-2031. According to the report, worldwide sales of sachet packaging reached 999 billion units in 2021, equaling revenues worth US$ 8.7 Bn. On-the-go culture continues to attest the convenience quotient of sachet packaging over other formats, …
Continue reading “Sachet Packaging Market Important Changes in Industry Dynamics during 2021-2031”
Blow fill seal (BFS) technology is highly sought-after as a preferred packaging solution in pharmaceutical manufacturing. It utilizes a single integrated machine to produce formulated drugs aseptically without any human intervention. According to Future Market Insights (FMI), the BFS technology market is set to reach US$ 2.6 Bn by the end of 2021. Overall growth forecast …
Driven by their industrious applications in heavy engineering operations, masking tapes are highly sought-after components in automotive, construction, aerospace, and other industries. As per a new study by Future Market Insights (FMI), the masking tapes market is set to exhibit 3.9% CAGR in 2021, as operations across industries resume post prolonged lockdown amid COVID-19. Masking tapes developed …
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Global bulk container packaging sales are set to grow at 3.1% in 2021, up from a modest 1.8% growth witnessed in 2020, according to latest insights presented by Future Market Insights (FMI). Bulk container packaging demand remained lackluster in 2020, mimicking the broader sluggishness in global economy. However, as revival commences, bulk container packaging manufacturers can expect …
Continue reading “Bulk Container Packaging Market Estimated to Expand at a Robust CAGR By 2031”
Over the last few years, packaging bottles have emerged as a convenient packaging solutions, especially for pharmaceutical, food, chemical industries among others. According to a report by Future Market Insights (FMI), packer bottles market is expected to surpass US$ 5.31 Bn by 2031. Packer bottles are light in weight, small in size, and cost effective packaging solutions …
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The lubricant packaging market is projected to record a CAGR of ~5% during 2019-2029, majorly driven by the sales of automobiles, despite increasing prevalence of electric vehicles in the transport sector. An incessant rise in number of passenger vehicles worldwide has translated into rewarding opportunities for the lubricant packaging manufacturers. However, it is pertinent to note that …
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The global gummed tapes market is estimated to expand at 6.2% CAGR between 2021 and 2031, find Future Market Insights (FMI). These tapes are most preferred for sealing heavy equipment, furniture, and other bulky items to reduce the risk of damage during the transportation of the products. Sales of these tapes are expected to burgeon on the back of …
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Increasing focus on food safety and consumer preference for pre-packaged convenience foods is fuelling the demand for dual ovenable lidding films. According to a recent report by Future Market Insights (FMI), the market will rise at a 5.6% CAGR surpassing a US$ 134.8 Mn valuation in 2031. Dual ovenable lidding films are an essential packaging solution that is …
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Demand for industrial packaging in the Middle East and Africa is likely to remain robust owing to the improving situation of international trade. In addition, global trade of industrial products has grown three-fold over the past decade. Bio-chemical products and food-grade ingredients are amongst few of the most traded items around the world. In the …
Continue reading “MENA Industrial Packaging Market to Witness a Healthy Growth by 2027”
Future Market Insights delivers vital insights on the digital printing packaging market, in its published report, which includes global industry analysis during the forecast period 2021-2031 In terms of revenue, the global digital printing packaging market is projected to expand at a CAGR of ~6.5% during the forecast period, owing to numerous factors, regarding which, FMI offers thorough insights and forecasts …