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 new study has forecast the market to exhibit 0.9% Y-o-Y growth in 2021, after exhibiting negative returns in 2020. Increasing consumption of food items outside of home, particularly at food service …
Category Archives: Packaging Facts
Paper Cups Market : The Trends Driving Growth by 4.5% CAGR and Shaping the Future 2031
Paper Cups Market is expected to surpass US$ 9210 Mn in 2021, at a CAGR of 4.5% between 2021 and 2031.Amidst banning of single use plastics across the globe and growing efforts to eliminate plastic from packaging has led to emergence of paper based packaging items as a feasible solution. This has lead to adoption of paper …
Steel Drums Market to increase rapidly by 2031| Emerging industries, Challenges and Threats Faced by Key Vendors
Steel drums have emerged as preferred rigid packaging solutions as they are increasingly used for transporting hazardous and non-hazardous material. According to a study by Future Market Insights (FMI), the steel drums market is forecast to register steady growth on the back of increasing applications in industries such as chemicals, food & beverages, petroleum & lubricants, healthcare & …
Sachet Packaging Market : Expected to reach highest CAGR by 2031
Sachet packaging market is expected to reach a valuation of 8.7 Bn in 2021. With increasing demand for small-sized and convenient packaging solutions, the sachet packaging market is set to experience a year-on-year (YoY) growth rate of 5.4% in 2021. Key Companies operating in the sachet packaging market are focusing on organic growth strategies such as product launches and product …
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Straw Market Growth Set to Surge Significantly During 2019 – 2029
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 …
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PET Preforms Market Deep Analaysis of Price, Revenue, Gross Margin 2020-2030
Rising at a CAGR of 3.8% in terms of value, the PET preforms market is forecast to rise at a steady pace between 2020 and 2030. Future Market Insights (FMI) in its latest study has forecast growth opportunities to spur especially with industries taking measures to reduce the harm done to ensure maximum safety of the environment. …
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High Barrier Film Packaging Market Size ,revenue ,worldwide forecasting from 2020 to 2030
Hectic routine and the resulting convenience products requirement, along with the microwave cooking popularity has contributed to rising use of microwave-able retort ready meals packed in stand-up pouches and trays. Flexible packaging solutions including, retort pouches, reseal able zippers, and spouts are replacing rigid pack designs, such as glass jars and metal tins. Customers’ growing …
Digital Textile Printing Market Growth Set to Surge Significantly During 2019 – 2029
The global digital textile printing market is anticipated to clock a remarkable CAGR of 17% over 2019-2029, as suggested by a new Future Market Insights (FMI) report. This astonishing market growth is majorly driven by increasing penetration of the printing sector in developing markets such as China, Mexico, and India, and technological advancements that have taken place …
Blow Fill Seal (BFS) Technology Market 2021 – Research Activities, Technology Adoption and Industry Statistics Analysis Till 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 …
Glass Container Market tremendous growth, opportunity, trends with key players : Saverglass Group, BA Glass, Hindusthan National Glass
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 …