The packaging suction cup market is anticipated to grow at a CAGR of 6.8% from 2022 to 2032. Additionally, it is predicted that the global market for packaging suction cups will grow from US$ 8.4 billion in 2022 to US$ 16.22 billion in 2032. As smart labels and digital printing for packaging have grown in popularity, the …
Category Archives: Press Release
Bottle Filling Machines Market to Exceed US$ 1.9 Bn by 2032 Amid Rising Demand in Food & Beverage Industry
As per Future Market Insights (FMI), the global bottle filling machine market is projected to grow from US$ 1.28 Bn in 2022 to US$ 1.9 Bn by 2032, exhibiting a CAGR of 4% throughout the forecast period. Rising usage of bottles for storing and transporting various liquids and semi liquids, growing need for improving productivity across industries …
Spigot End Cap Market is forecasted to register a CAGR of 6.5% during the forecast period
The spigot end cap market is projected to grow at a CAGR of 6.5% over the forecast period, from a value of US$35.27 billion in 2022 to US$66.21 billion by 2032. Spigot end cap sales are anticipated to increase as a result of quick urbanisation, rising middle-class discretionary income, and growing private and public investment. …
Sales of VCI shrink films in the market is expected to rise at 5% to 6% value CAGR by 2032
During the forecast period of 2022–2032, the market for volatile corrosion inhibitor (VCI) shrink films is anticipated to grow at a healthy CAGR of 5%–6%. The need for VCI shrink films is predicted to increase due to the rapid use of protective films for wrapping valuable metal products, equipment, machinery, and other items across a variety of …
Sponge and Scouring Pads Market Sales to Rise Sustainably in the Household Sector
Sales of sponge and scouring pads market to grow over 4% in 2030. FMI studied 12 factor that influences sponge and scouring pads purchase and reached to the conclusion. The report offers an executive level blueprint of the market, uncovering the hidden opportunities and potential threats. According to FMI, commercial segment will account for the lion’s …
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Traffic Control Device Tape Market is expected to reach US$ 9.6 Billion in 2032
The market for traffic control device tape is expected to reach US$ 9.6 billion in 2032 and develop significantly between 2022 and 2032, with a CAGR of 5.2%. Sales of traffic control device tapes are anticipated to expand as a result of strict government regulations aimed at enhancing passenger safety and an urgent demand for operational effectiveness. …
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Vegan Cosmetics Market is Growing Due to Manufacture Focus on 100 percent Vegan and Cruelty Free Cosmetics
The global vegan cosmetics market is expected to surpass US$ 20 bn by 2030, likely to Grow Moderately during the assessment period -2030 . The market for vegan cosmetics will expand as a result of the fast shifting consumer preferences brought on by rising environmental concerns and the spiralling demand for cruelty-free and vegan cosmetics. In the upcoming …
Cavitated Films Market grows at a rate of 7% CAGR during the forecast period 2022 to 2032
The market for cavitated films is anticipated to grow strongly, with a CAGR of 7%. The market for cavitated films is expected to grow from its present value of US$ 3.45 million in 2022 to US$ 7.45 million by 2032. Due to its use in the food business for the packaging of ice cream, chocolates, and …
Volatile Corrosion Inhibitor Bags Market to grow at a CAGR of around 6.4% throughout the forecast period
Between 2022 and 2032, the demand for volatile corrosion inhibitor bags is anticipated to grow at a strong CAGR of roughly 6.4%. Growth can be attributed to the increasing usage of volatile corrosion inhibitor bags for preserving corrosion-sensitive products during storage and shipping in a variety of end use industries, including automotive, medical devices, and electronics. Manufacturers …
Garment Steamer Market – Electric Iron Appliances market is Approximately ~30%-40%
The garment steamer market is expected at a USD 1.93 billion in 2022 and is projected to reach USD 3.04 billion by 2030, at a CAGR of 6.0% from 2022 to 2030. Share of Garment Steamer market in its parent market (Electric Iron Appliances market) is approximately ~30%-40%. Currently, consumers have unrestricted access to information via both online and physical media. As …