New Product Development
The demand for blister packaging is set to reach 5.18 thousand tonnes in 2021, according to a new study by ESOMAR-certified market research and consulting firm, Future Market Insights. Higher preference for blister packaging over carton boxes in pharmaceutical industry continues to fuel demand primarily. Blister packaging sales are also complemented by growing demand from food, consumer …
Continue reading “Blister Packaging Market Estimated to Expand at a Robust CAGR By 2031”
Blow fill seal (BFS) technology is highly sought-after as a preferred packaging solution in pharmaceutical manufacturing. It utilizes a single integrated machine to produce formulated drugs aseptically without any human intervention. According to Future Market Insights (FMI), the BFS technology market is set to reach US$ 2.6 Bn by the end of 2021. Overall growth forecast …
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Nestable crates are expected to be dominant in the returnable plastic crates market, capturing around half of the market share over the forecast years. The stackable nature of these crates enables users to make efficient use of floor area. Lightweight, easy handling, and economical cost are other attributes that make nestable crates the preferred choice among …
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Multinational companies are expected to focus on Middle-East region as growing demand for polypropylene woven bags and sacks is expected from construction and building industry of the region. However sales of polypropylene woven bags and sacks across agricultural industries is anticipated to overshadow sales in the construction and building industry. Environmental hazards related to PE …
The demand of the gift boxes is high because food and beverage products such as chocolate, ice-crème, sweets, wine, and toys are consumed globally. Food products look more lucent and attractive if they are packed within gift boxes. Gift boxes are also used for packaging many other products such as jewelry, electronic gadgets, toys, sculpture, personal care products, …
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Packaging industry has transformed into one of the most important industries all around the world. Packaging serves multiple functions, namely physical protection, product marketing, tamper evidence, theft protection, durability, and portion control. A lot of innovation has taken place in the realm of packaging allowing the packaging of products to witness advanced functionality and design.Through …
Continue reading “Fiber Based Packaging Market to Witness a Healthy Growth by 2026”
Shrink sleeves labels are one of the most durable and ideal labels for products that are exposed to severe moisture and friction. The major benefits in favor of shrink sleeve labels are 360 degree design coverage, full color, abrasion and moisture resistance, and wide compatibility. As no adhesives are used in the shrink sleeve labels, this property …
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The ecofriendly cotton bags are anticipated to overtake plastic bags in the retail sector during the forecast period. Increasing availability of decorated cotton bags is inciting people to increasingly adopt cotton bags. Cotton bags have high printability & shelf appeal as compared to plastic bags. Plastic Bags Ban is projected to Fuel the Demand for …
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As per Future Market Insights (FMI), the global layer pads market is poised to expand at 5.6% CAGR, topping the shipment of ~750’000 Tonnes between 2021 and 2031. The market is expected to register year-on-year growth of 5.4% in 2021. Growing preference for sustainable layer pads to protect the good during transit will propel the sales of layer pads. In response to …
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Zipper pouches will emerge as top-selling packaging solutions in the packaged food industry in the coming decade. In its latest study Future Market Insights (FMI) predicts sales to expand at a CAGR of 5.3% between 2021 and 2031. The overall valuation of the market is projected to surpass US$ 2.1 Bn by the end of …
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