New Product Development
As per Future Market Insights (FMI), the demand in the food trays market is forecast to rise at a CAGR of 4.6% between 2022 and 2032, up from 2.2% CAGR registered in 2015-2021. Due to the advent of appealing, user-friendly applications, and tech-enabled driver networks, as well as evolving customer expectations, ready-to-eat food delivery has emerged as …
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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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Usage of tags has been drastically increased in brand promotions of products through printing technology. Future Market Insights (FMI) has forecast the tags market to grow by 5.2% CAGR between 2022 and 2032. Custom printing of bar codes help consumer to track products as per the information in accordance with their needs. Quality of printing …
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“As per the latest market analysis by Future Market Insights (FMI), the global rubber tapes market is projected to expand at a steady 4.4% CAGR, reaching US$ 1.4 Bn in 2032. Increasing demand for rubber tapes from the electronics and construction sectors is expected to boost sales by 1.6 times between 2022 and 2032.” Demand …
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As per a recent market study by Future Market Insights (FMI), sales in the global pallets market are projected to increase at a 5.6% CAGR, reaching US$ 10.4 Bn in 2032. Growth is attributable to the increasing consumption of pallets in food & beverages, pharmaceuticals, automotive sector. Consumer inclination towards product safety, bulk load transportation with minimum …
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Expansion of healthcare industry and need for solutions to control the loss in financials caused due to counterfeiting practices is propelling the demand in the drug delivery solutions market, finds Future Market Insights. As per the study, the healthcare industry witnessed a major decline over the past few years as pharmaceutical products are recalled for various …
Future Market Insights (FMI) has projected the baking molds & trays market to record 6.3% CAGR between 2021 and 2031. Due to increase in demand for sustainable packaging solutions globally, the wooden-based baking molds & trays are expected to outgrow the sales of plastic (CPET-based) baking molds & trays packaging solutions. A majority of food packaging companies …
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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 …
“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. ” An incessant rise in …
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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 …
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