New Product Development
Medical tray sealers as the name suggest are used to seal the trays. Each medical tray sealer machine is designed to meet consumer requirements with regard to tray and product infeed, discharge of packs, labelling and quality inspection. Medical Tray Sealers market is segmented on the basis of machine type into- Automatic and semi-automatic medical …
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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 …
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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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The global PE resins market is estimated to value at USD 152.3 Billion in 2022 and is expected to reach USD 181.5 Billion by 2027, at a CAGR of 3.6% from 2022 to 2027. As per the fact based research report titled “PE Resins Market: Global Industry Analysis (2012-2021) and Opportunity Assessment (2022-2027)” crafted by Future Market Insights, the global market is anticipated …
According to the report forecasts, global sales of consumer electronics packaging is estimated to be valued at US$ 14,105.8 Mn by 2017 end and this is projected to reach US$ 35,393.3 Mn by 2027. Sales revenue is expected to expand at a CAGR of 9.6% during the forecast period (2017–2027). The commoditisation of consumer electronics …
Continue reading “Consumer Electronics Packaging Market Sales Revenue to Cross US$ 35.4 Bn by 2027”
Increasing hygiene awareness and advanced packaging technologies play a key role in growth of the barrier shrink bags market. Barrier shrink bags reduce chances of package failure and provide extra barriers for moisture, ensuring retention of aroma, and reduction of spoilage. Barrier shrink bags are thus an excellent packaging solution for protecting fresh meats from …
Retail e-commerce packaging is gaining increased traction owing to expanding e-commerce sector. The cross border shopping has picked up steam and is pushing the growth of the e-commerce sector. This in turn has led to the emergence of innovative packaging solutions, thus giving a boost to the global retail e-commerce packaging market. Several key players in …