New Product Development
The baby diaper market is estimated to reach a valuation of US$ 63.67 Bn. Baby diapers sales will rise consistently. FMI forecasts the market to exhibit 5% CAGR between 2021 and 2031. According to a study by Future Market Insights (FMI), some of the leading manufacturers are focusing on ensuring bio-degradability in order to ensure products …
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Global colored gemstones market is estimated to grow at a healthy CAGR of over 5.7% during the study forecast period 2021-2031, exhibiting a positive recovery from period of muted growth in 2020, according to a latest study by Future Market Insights. The research study tracks colored gemstones market in 20+ countries, offering a lucid analysis on …
As per Future Market Insights (FMI), the strapping supplies market is expected to witness growth at a CAGR of 5.3% during the forecast period 2022-2032. Growth in the market is primarily attributed to growing demand for sterile and safe packaging in industries such as warehousing, electronics, food & beverage, and others. The strap is applied either manually …
Demand for laminated tube closures is expected to reach US$ 129.8 million in 2022 and is projected to increase at a CAGR of 3.6% to US$ 184.8 million between 2022 and 2032. Growth is linked to the packaging industry’s continuing improvement. A CAGR of 2.8% was seen for the laminated tube closure market from 2016 to 2021. …
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As per Future Market Insights (FMI), the polystyrene packaging is expected to gain immense traction, registering a CAGR of 4.4% between 2022 and 2032. Sales are expected to increase from US$ 23 Bn in 2022 to US$ 35.5 Bn in 2032. This is due to its ability to adapt based on the different requirements. Transparency that is …
The end-of-line packaging market was valued at US$ 5.125 billion in 2022, and it is expected to grow at a CAGR of 4.3% to US$ 7.978 billion by 2032. The growing adoption of end-of-line packaging to reduce packaging costs and improve packaging systems in various end-use industries is propelling the global end-of-line packaging market future trends. The rapid …
The organic cosmetics market to grow at CAGR of 5.0% throughout the forecast period 2021-2031. Natural claims have sparked the sustainability quotient in addition to being significant product purchase drivers when paired with product efficacy claims and brand identity. Customers now demand total transparency from cosmetics producers regarding their sourcing practises, goods, ingredients, and environmental practises. As …
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The global carbon tapes market is expected to reach a valuation of US$ 35.8 Bn in 2022. With sales growing at a 4.5% CAGR over the assessment period, with the market size reaching US$ 55.7 Bn by 2032. Carbon tapes are flat material tapes that are made from carbon fiber bearing high strength. Carbon tapes are popular …
The value of pet grooming market is poised to total US$ 1.3 Bn in 2022. Growing trend of pet humanization across the globe is spurring demand for pet grooming products, which is expected to boost sales at a healthy 6.2% CAGR. Against this backdrop, the market valuation will reach US$ 2.5 Bn by 2032. While supply shortages affected market’s capital performance …
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As per FMI, the global metal banding machine market size is projected to reach a valuation of US$ 1 Bn by 2032 and witness growth at a healthy CAGR of 3.9% from 2022 to 2032. A metal banding machine is a device that uses a stainless steel strap to wrap a product in a huge container. These …
