New Product Development
Until a few years ago, pulp derived paper boasted dominance in the industry. However, the wheels of change are turning faster than expected, catapulting synthetic paper manufacturers to the fore. Future Market Insights (FMI) in a recent study highlights various advantages of synthetic paper over their pulp-derived counterparts. It forecasts a sales uptick, indicating impressive …
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The global disposable cutlery market is expected dispose off linear transition and move towards exponential transition between 2022 and 2031 at a CAGR of 4%, reaching US$ 2.4 Bn by the year 2031. Disposable cutlery has emerged as the most economical and efficient solution for both indoor and outdoor food service activities. Future Market Insights (FMI) in a …
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The global pallet wraps market stands at a net worth of US$ 5.9 Bn in 2022, and is projected to rise at a CAGR of 3.8% to end up with an estimated valuation of US$ 7.8 Bn by 2029. Future Market Insights, in its latest research study, delineates growth of pallet wraps market from 2022 to 2029 and outlines overarching trends upholding growth. According to …
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The global adhesive films market is expected to witness a steady CAGR of 5.5% during 2020-2030, according to a new report by ESOMAR-certified market research firm Future Market Insights (FMI). FMI has revised the projection of the adhesive films market, considering the COVID-19 induced sluggishness in automotive industry. Although a recovery is expected in 2021, the rebuilding process …
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Expanding at a CAGR of 4.4%, the global aluminum extrusions market is projected to increase from a valuation of US$ 121.1 Bn in 2022 to US$ 163.3 Bn by 2029. Over 2022-2029, the global aluminum extrusions market revenue is anticipated to grow at a CAGR of 4.4%, according to the report of Future Market Insights (FMI). Curtain walls and door & window …
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The pharmaceutical plastic packaging market is projected to progress to US$ 83.9 Bn by the year 2030 at a CAGR of 5.8% between 2022 and 2030. The global pharmaceutical plastic packaging market will reflect steady growth, supported by a surge in sales of pharmaceutical products to manage the coronavirus pandemic and a wide number of other chronic …
Progressing at a steady CAGR of 5.1% (2022-2030), sales of eco-friendly straws are anticipated to attain an estimated valuation of US$ 2.2 Bn by the end of 2030. At present, the global eco-friendly straws market is valued at US$ 1.5 Bn. According to FMI, the global eco-friendly straws market is anticipated to exhibit a positive growth trend through 2030, primarily driven by growing focus …
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Consumption of corrugated automotive packaging is projected to rise at a CAGR of 4.4% from 2022 to 2030, and the market is predicted to attain an estimated net worth of US$ 2.7 Bn by 2030. Currently, sales revenue from the corrugated automotive packaging market amount to US$ 1.8 Bn. According to a recent report by Future Market Insights (FMI) the market for corrugated …
Electrostatic Discharge, or ESD, are those plastic materials which help reduce static electricity, thereby protecting electrostatic sensitive devices. ESD packaging is being highly used to transport various consumer electronics as well as large computers and servers. A recent study published by ESOMAR-certified Future Market Insights on the global ESD packaging market establishes that the market is slated …
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Over the years, there has been a gradual shift from plastic-based products towards sustainable, environment-friendly products. As concerns regarding the adverse effects of plastic continue to mount, products derived from paper have emerged as a fitting alternative. In its new market study, Future Market Insights (FMI) has forecasted that the global foodservice paper bags market will record …
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