“As per the latest report by Future Market Insights (FMI), the global gusseted bags market is expected to witness sluggish growth. During the forecast period, the market is projected to expand at a CAGR of 2.8%. ” The global gusseted bags market is also projected to reach US$ 26 Bn revenue by the end of …
Category Archives: Packaging Facts
Gas Cylinders Market Expected to Witness High Growth by 2026
“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 …
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Luxury Rigid Boxes Market Is Set to Experience Revolutionary Growth by 2030
Luxury rigid boxes market is projected to reach over US$ 5.4 Bn by 2030, as per the new market study published by the ESOMAR recognized research firm Future Market Insights. Luxury rigid boxes have been an ideal solutions for product premiumization. They add to the appearance and aesthetics, boosting sales of the beauty and personal care …
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Molded Fiber Pulp Packaging Market Estimated to Expand at a Robust 5.1 %CAGR By 2031
Molded fiber pulp packaging will gain traction due to the expanding application in the food and beverage industry. As per a study by Future Market Insights (FMI), the sales of molded fiber pulp packaging is expected to grow at a CAGR of 5.1% between 2021 and 2031. Molded fiber pulp packaging is accepted worldwide in protective packaging applications which …
Variable Data Printing Market Expectations and Growth Trends Highlighted Until 2030
The expansion of retail industry and increasing expenditure on labelling and tagging across all products is driving the variable data printing (VDP) market. Future Market Insights states that the healthcare and food and beverage sectors will remain exceptionally important to growing usage of variable data printing as consumers seek clear, detailed labelling. The product labelling segment …
Micro Flute Paper Market Estimated to Expand at a Robust CAGR By 2030
In its new market study, Future Market Insights (FMI) estimates micro flute paper market to grow at 5.1% CAGR (value) through 2030. The report attributes the growth of the market to increasing demand for shelf-ready packaging (SRP) at retail stores, hypermarkets supermarkets, and other sales and distribution outlets, coupled with the advanced physical properties of micro flute …
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Recycled PET Market Share and Growth Factors Impact Analysis 2029
The recycled PET Market is benefiting from the increasing consumption of packaged food products and carbonated and non-carbonated drinks across the world. This trend is particularly being witnessed more in the developing economies of East Asia and South Asia. Moreover, consistent adoption of an extensive range of recycled PET packaging solutions such as clamshells & containers, bottles …
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Cheese Packaging Market to Surpass US$ 5 Bn Mark by 2029
Demand for cheese packaging is set to account for a market value of over US$ 5 Bn towards the end of 2029. Majorly driven by the fast food sector and on-the-go food products manufacturers, demand for processed cheese continues to be on an upward trend. This would remain a prominent booster to the growth of cheese …
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Nylon Films Market to Cross US$ 1 Billion by 2023
The gradually increasing demand for nylon films is attributed to their growing preference for packaging perishable products such as frozen food. The key driver behind this growth is enhanced shelf life and oxygen barrier properties that differentiate nylon films over other packaging films. Moreover, nylon films are also suitable for a wide range of industries …
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Aluminum Cans Market to Top US$ 53.3 Bn amid Growing Demand for Beverage & Food Packaging
Future Market Insights (FMI) in its latest research study estimated the demand for aluminum cans is expected to increase at 4.5% CAGR, surpassing US$ 112.3 Bn through 2031. Growing demand for beverage packaging is propelling the growth in the market. Increased demand for smaller pack sizes coupled with a preference for convenient packaging will boost the market. Furthermore, rising use of …