The global paper napkin making machine market is set to experience steady growth, with market size projected to increase from USD 136.7 million in 2023 to USD 187.4 million by 2033. This growth, occurring at a modest CAGR of 3.2% over the forecast period, is underpinned by a variety of factors including the global shift …
Category Archives: Packaging Facts
Demand Surge in Key Industries Drives Industrial Pail Market: Expected Expansion to USD 1.8 Billion by 2034 Despite Sluggish Growth Rate
Industrial Pail Market Future Market Insights (FMI), a leading provider of market intelligence and consulting services, has released a comprehensive analysis of the industrial pail market, forecasting a moderate Compound Annual Growth Rate (CAGR) of 1.90% from 2024 to 2034. The market is anticipated to grow from USD 1.7 billion in 2024 to approximately USD 1.8 …
Metal Can Market Poised for Steady Growth: Projected to Reach USD 49.3 Billion by 2034 with 2% CAGR Amid Rising Environmental Awareness and Innovation
The global metal can market is poised for steady growth, with a projected expansion from USD 40.4 billion in 2024 to USD 49.3 billion by 2034, representing a compound annual growth rate (CAGR) of 2%. Key trends and highlights from the metal cans market report underscore the increasing popularity of metal cans packaging driven by social, …
Polyester Straps Market Poised for 7.4% CAGR Growth, Expected to Hit US$ 2.1 Billion by 2033
The global polyester straps market is anticipated to reach a valuation of US$ 1.0 billion i n 2023, driven by shift towards sustainable packaging solutions. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 7.4% between 2023 and 2033, and reaching a total valuation of approximately US$ 2.1 billion …
Global Disposable Cups Market Set for 6.2% CAGR Growth, Reaching US$21.1 Billion by 2033 Amid Quick Service Restaurant Boom
In 2023, the market for disposable cups is anticipated to be worth US$ 11.6 billion worldwide. From 2023 to 2033, it is anticipated to surge at a CAGR of 6.2% .By 2033, the market is anticipated to be worth US$ 21.1 billion . In 2023, it is predicted that the top 3 nations would account for 40% to …
Global Glass Container Market to Reach US$89.3 Billion by 2034, Driven by Beverage Industry and Eco-Friendly Initiatives
The global glass container market, currently valued at USD 63.8 billion, is on a promising growth trajectory, anticipated to reach USD 89.3 billion by 2034. This robust growth is driven by a compound annual growth rate (CAGR) of 3.4% over the forecast period. In 2023, the market’s valuation stood at USD 61.3 billion, and it …
Global Protective Packaging Market Projected to Reach US$ 47.8 Billion by 2034, Driven by Food, Pharma, and E-commerce Sectors
The protective packaging market, poised to ascend from $29.7 billion in 2024 to $47.8 billion by 2034 at a 4.70% CAGR, caters to diverse industries. Retailers, encompassing both supermarkets and online platforms, lead consumption, relying on protective packaging to ensure products reach consumers in optimal condition. In the food and beverage sector, protective packaging plays a …
Global Anti-Counterfeit Pharmaceutical Packaging Market to Reach US$246.6 Billion by 2033, Driven by AI and QR Code Innovations
The anti-counterfeit pharmaceutical packaging market is estimated to be worth US$ 108.1 billion in 2023 and is projected to be valued at US$ 246.6 billion in 2033. Between 2023 and 2033, the market is expected to register a growth rate of 8.6%. Increasing awareness of patients and consumers about the risks of counterfeit medicines is driving the …
Lightweight and Bioplastic Innovations Propel Mobile Phone Accessories Packaging Market Towards US$5.1 Billion Valuation by 2034
Future Market Insights (FMI) has released an updated report on the mobile phone accessories packaging market, projecting significant growth opportunities and strategic insights for the decade ahead. The market is expected to reach a valuation of US$ 5.1 billion by 2034, reflecting a steady CAGR of 3.2%. Core Concepts in the Mobile Phone Accessories Packaging Industry Expected …
Retail E-commerce Packaging Market to Expand 5% Annually, Reaching US$28.7 Billion by 2033, Driven by Logistics Optimization and D2C Trends
The global retail e-commerce packaging market is poised for substantial growth, projected to reach US$ 28.7 billion by 2033 from US$ 17.6 billion in 2023, with a steady CAGR of 5.0%. This growth is driven by the proliferation of direct-to-consumer (D2C) brands revolutionizing the retail landscape and advancements in packaging technology. Core Concepts in the Retail E-Commerce Packaging …