The direct to garment printing market is expected to witness significant growth and reach a market value of approximately US$ 861.2 million in 2024. The development of this market is being driven by the rapidly changing fashion trends and the increasing need for manufacturers to keep up with these trends to remain competitive. Direct-to-garment printing is a popular textile …
Category Archives: Packaging Facts
Pharmaceutical Boom Fuels Expansion of Cryogenic Labels Market: Projected to Grow at a CAGR of 6.20% by 2034
The use of cryogenic labels has been on the rise in recent years, especially in the healthcare sector. With the increasing reliance on biobanks and the rise of precision medicine, the demand for cryogenic labels has reached an all-time high. Their applications are not just limited to medicine and academia as they are now being used in …
Consumer Shift Towards Eco-Friendly Packaging Boosts the Paper Cup Lids Industry, Grow at a CAGR of 3.9% by 2033
The global paper cup lids market is anticipated to reach a valuation of US$ 32.7 billion in 2023, driven by increased focus on branding. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 3.9% between 2023 and 2033, and reaching a total valuation of approximately US$ 47.9 billion by …
Global Heat Transfer Film Market Poised for Significant Growth, Projected to Reach USD 4.4 Billion by 2034
Heat Transfer Film MarketThe global heat transfer film market is experiencing substantial growth, with sales projected to grow from US$ 2.6 billion in 2024 to US$ 4.4 billion by 2034, at a compound annual growth rate (CAGR) of 5.6%. This market expansion is driven by the efficiency, adaptability, and diverse applications of heat transfer films across industries …
Global Wine Barrel Market to Reach USD 6.4 Billion by 2034, Driven by Increasing Popularity of Wine Consumption and Focus on Sustainability
Wine Barrel Market Future Market Insights (FMI) has released an updated analysis of the global wine barrel market, revealing promising growth prospects over the next decade. The market, valued at US$ 4.2 billion in 2024, is expected to expand at a compound annual growth rate (CAGR) of 4.3%, reaching US$ 6.4 billion by 2034. Market Trends …
Global In-Mold Label Market Projected to Reach USD 1,501.8 Million by 2034, Driven by Rising Demand in the Food Industry and Advancements in Injection Molding Technology
In-mold Label Market The global in-mold label (IML) market is poised for substantial growth, with projections to reach USD 1,501.8 million by 2034, growing at a CAGR of 2.8% from 2024. In 2023, the market saw revenues of USD 1,097.1 million, marking a year-over-year growth of 3.2% in 2024. The future of the in-mold label market is …
Global Folding Boxboard Market to Reach US$ 20.3 Billion by 2032, Driven by Strong Demand for Lightweight and Durable Packaging Solutions
Folding Boxboard Market The global folding boxboard market is experiencing significant growth, projected to reach US$ 20.3 billion by 2032, up from US$ 12.2 billion in 2022, marking a robust CAGR of 5.2% during the forecast period from 2022 to 2032. This growth is driven by increasing adoption across various industries, including food & beverage and pharmaceuticals, …
Perfume Pack Market to Expand at 4.7% CAGR, Reaching USD 3.6 Billion by 2032
The perfume pack market is set for steady growth, with projections indicating a compound annual growth rate (CAGR) of 4.7%. From a market value of USD 2.3 billion in 2022, the market is anticipated to reach USD 3.6 billion by 2032, driven by increasing demand for innovative and aesthetically appealing packaging solutions. Perfume packaging plays …
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Horticulture Film Market Poised to Reach USD 19.55 Billion by 2032, Driven by Strong CAGR of 6.20%
The horticulture film market is experiencing rapid growth, with projections indicating a robust compound annual growth rate (CAGR) of 6.20% from 2022 to 2032. Estimated at USD 10.89 billion in 2022, the market is expected to expand significantly and reach USD 19.55 billion by 2032. Horticulture films play a critical role in modern agriculture by …
Luxury Packaging Market Set to Grow, Expected to Reach USD 17.9 Billion by 2033 at a 5.5% of CAGR
The luxury packaging market is poised for significant growth, projected to achieve a steady compound annual growth rate (CAGR) of 5.5% from 2023 to 2033. Starting at USD 10.4 billion in 2023, the market is anticipated to expand to USD 17.9 billion by 2033, driven by increasing demand for sophisticated and visually appealing packaging solutions. …