The frozen food packaging market is projected to be valued at US$ 900 million in 2023 and grow to US$ 2.0 billion by 2033. The market is estimated to capture a CAGR of 8.3% during the forecast period. This growth is driven by several key factors, including increasing consumer demand for convenience and ready-to-eat meals, advancements in packaging technology, and heightened awareness of …
Category Archives: Packaging Facts
Drivers Behind the Growth of the Plastic Rigid IBC Market: Estimated to Register a CAGR of 4.9% by 2033
During the forecast period, the plastic rigid IBC market is expected to maintain a steady Compound Annual Growth Rate (CAGR) of 4.9%, projecting an estimated value of US$ 5.9 billion in 2023, with the potential to grow to US$ 9.5 billion by the year 2033. The increasing demand for efficient and cost-effective bulk packaging solutions in various industries, including chemicals, food and …
Global Metalized Barrier Films Market to Reach US$ 2.9 Billion by 2034 Amidst Growing Food and Beverage Industry
The global metalized barrier films market size was valued at US$ 2.3 billion in 2024 and is anticipated to reach US$ 2.9 billion by 2034. The market is estimated to witness a CAGR of 2.7% from 2024 to 2034. The globalization of the food and beverage industry and emergent health concerns among consumers have led to a shift in the market. The major …
Embedded Hypervisor Market Set to Reach USD 25.34 Billion by 2033 at a 7.7% of CAGR
The global embedded hypervisor market is poised for significant growth, with forecasts indicating sales reaching USD 12.03 billion in 2023 and projected to escalate to USD 25.34 billion by 2033. This growth reflects a steady compound annual growth rate (CAGR) of 7.7%, driven by the increasing adoption of virtualization technologies across diverse industries. Embedded hypervisors …
VCI Shrink Film Market is Projected to Grow at a CAGR of 4.50%. by 2034 | FMI
The VCI shrink film market is expected to be valued at US$ 99.5 million in 2024. The market’s progress is projected to invigorate moderately from 2024 to 2034, with a CAGR of 4.50%. By 2034, the market value is forecasted to reach US$ 154.6 million. The escalating need to prevent corrosion of metal products is …
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Forecasted Growth: Breathable Tape Market Size Expected at US$ 8 Billion by 2032
The global breathable tape market is on track to achieve a substantial size, with a projected valuation of US$ 8 Billion by the year 2032. This growth trajectory is underpinned by the rising clinical awareness and a surge in the prevalence of injuries, which are expected to drive robust demand for breathable tape in the coming years. …
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Global Traffic Control Device Tape Market to Reach US$ 9.6 Billion by 2032: Growth Forecast
The global traffic control device tape market size is anticipated to be valued at US$ 9.6 Billion in 2032 and exhibit immense growth at a CAGR of 5.2% in the forecast period from 2022 to 2032. The traffic control device tape market is gaining significant traction, driven by increasing road safety awareness and stringent government regulations. These tapes, essential for marking lanes, …
Firefighter Tape Market is Anticipated to be Valued at US$ 7.2 Billion by 2032
The global firefighter tape market size is expected to reach US$ 4.8 Billion in 2022. Increasing number of fire breakout incidents across the globe is set to boost the firefighter tape market in future years. As per FMI, sales of firefighter tapes are anticipated to be valued at US$ 7.2 Billion in 2032 and exhibit growth at a CAGR of 2.9% in the forecast …
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Yorker Spouts Market Expected to Grow at 5% CAGR by 2032 | FMI Study
The yorker spouts market is set to experience substantial growth, with a projected Compound Annual Growth Rate (CAGR) of approximately 5% over the forecast period spanning from 2022 to 2032. The Global Market Anticipated US$ 1.3 Billion by 2032. The growing popularity and sales of yorker spouts can be attributed to their versatility and diverse range of …
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Cavitated Films Market Forecasted to Achieve Strong 7% CAGR During Forecast Period by 2032
In recent years, the cavitated films market has witnessed significant growth owing to their wide range of applications in the packaging industry. These films, known for their unique properties such as lightweight, high strength, and excellent barrier properties, have become increasingly popular among manufacturers seeking sustainable and cost-effective packaging solutions. In this blog post, we …