New Product Development
Plastic rigid IBCs are containers used to store and transport various bulk material from one place to another, typically from the manufacturing plant to warehousing or even departmental stores. They are largely used in various end user industries for storage and transportation applications. The global plastic rigid IBC market is influenced by aspects such as rising demand …
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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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In terms of value, the global filament tapes market is projected to increase at a CAGR of over 7% during the forecast period (2020-2026), owing to various factors, regarding which, FMI offers vital insights in detail in this report. Rise in infrastructural development, increasing purchasing power of consumers, and rapid growth of the e-Commerce sector …
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Technology upgradation has major contribution towards increasing sales of micro perforated films packaging across the globe. Future Market Insights (FMI) in a new study has forecast the market to rise on expanding packaging industry, resilient ecommerce, and growing food delivery sector. Advent of laser technology with advanced features such as laser power control, laser-pulse confirmation, and in-line …
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The North America fresh meat packaging market is expected to grow at 3.1% CAGR surpassing the market valuation of US$ 788 million in 2021. The growth can be attributed to availability of customization in clear meat packaging and high demand for convenient packaging solutions among urban population. Competition in the North America market for fresh meat packaging is expected soar. FMI …
Molded wood pallets are 35% lighter than conventional hardwood pallets and are durable enough for reuse, which increases their preference over other molded wood pallets. As per a new study by Future Market Insights (FMI), molded wood pallets sales will increase at 5.8% CAGR between 2021 and 2031, enabling overall valuation to surpass US$ 4.5 Bn …
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On the back of their superior water resistance, grease & oil resistance, and compliance with food standards, barrier coated papers continue to gather preference for packaging and printing applications. Projected for a promising CAGR of more than 4% during 2022 – 2029, a new Future Market insights (FMI) report anticipates the market to receive a major boost from …
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The demand witnessed in the global precision stainless steel market is increasing at a rapid pace. With its use across various sectors including industrial, civil, mechanical, and others increasing, Future Market Insights (FMI) has forecast the precision stainless steel market is to reach US$ 3.2 Bn dollars by 2029. Precision stainless steel comes in many varieties and …
With soaring oil & petrochemical prices, the transportation and storage of valuable gases is translating into lucrative profit margins and high value growth for companies. The adoption of gas cylinders continues to gain traction in such critical operations. Future Market Insights foresees a robust growth for the global gas cylinders market in the years ahead. …
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The global metal cans market is expected to foresee substantial growth in the coming years owing to the rising use of these can in the packaging of food and beverages, mainly in the packaging of non-aerated and aerated beverages. The rise the portfolio of personal products is expected to naturally augment the global metal cans market. The …
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