New Product Development
The recent past has observed significant increase in the number of foodservice restaurants. This would remain among the leading factors driving consumption of straws at a global level. After bans on using single-use plastic straws, manufacturers are offering straws that can decompose and have less impact on the environment. Consumption of straws is anticipated to …
Continue reading “Straw Market Expected to Witness High Growth by 2029”
The global glass container market will exhibit 2.1% Y-o-Y growth in 2021, after contracting in 2020 due to disruptions caused by unprecedented COVID-19 outbreak. According to a new study by Future Market Insights (FMI), the near-term opportunities for the market will remain positive, especially as application in beverages packaging continues surging. The report also projected to market …
Continue reading “Glass container market to Witness a Healthy Growth by 2031”
In 2018, over 1 million tons of aluminum foil containers were sold globally; sales are likely to proliferate at a moderate y-o-y of over 4% in 2019, as per FMI’s latest research. Shifting consumer patterns toward effective and sustainable formats has been identified as a key sales influencer of aluminum foil containers. As per FMI’s analysis, demand …
Continue reading “Aluminium Foil Containers Market to Witness Stunning Growth by 2027”
Tray sealing machines are widely used in the food industry to pack and seal fresh food products. These machines are used to make spill-proof and leak-proof packaging. According to Future Market Insights, the tray sealing machine market will cross US$ 2.7 Bn by 2021, at a CAGR of 6% The consumption of tray sealing machines is estimated …
Continue reading “Tray Sealing Machines Market to Witness a Healthy Growth by 2031”
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 …
Continue reading “Blow Fill Seal (BFS) Technology Market Prospects and Growth Assessment 2031”
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 …
Continue reading “Returnable Plastic Crates Market Prospects and Growth Assessment 2029”
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, …
Continue reading “Gift Boxes Market Revenue Growth Predicted by 2027”
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”