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According to a recent market analysis by Future Market Insights (FMI), sales in the mechanical locks market are expected to reach a valuation of approximately US$ 6.5 Bn, expanding at 4% CAGR over the forecast period 2021 to 2031. Growing demand for two-way and tubular mechanical locks, along with rising safety concerns, especially in commercial spaces are key factors …
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According to a recent market analysis by Future Market Insights (FMI), sales in the global traditional toys and games market are slated to reach US$ 90 Bn in 2021, expanding at a 4% CAGR over the forecast period 2021-2031. The demand for traditional toys and games gained traction as countries imposed lockdown to contain the COVID-19 outbreak. While supply-chain disruptions …
As per Future Market Insights (FMI), the global laundry care market is estimated to reach a valuation of US$ 25 Bn – US$ 35 Bn in 2021. The market is poised to register growth at 5% CAGR through 2021-2031. Growing preference for liquid detergents because they clean delicate fabrics better without damaging them and offer enhanced compatibility with washing machines …
Such staggering statistical figures attest that India serves as one of the most lucrative countries in the world when it comes to the global mobile phone accessories market revenue growth. India will continue to be one of the largest consumer base for mobile phones and accessories, not just in Asia-Pacific region but across the globe. According to …
According to FMI, East Asia will continue to hold the leading share in the global market for beverage crates. COVID-19 has resulted in temporary decline in growth of the global food & beverages industry causing sales of beverages crates to decelerate. However, it is poised to recover steadily as sales pick up with the recovery …
As per FMI’s analysis, the IBC liners market is projected to expand at nearly 5% value CAGR through 2030, reaching US$ 1.2 Bn in revenue. Prominent players operating in the global IBC liners landscape include Amcor Plc, Sealed Air Corporation, Peak Packaging Ltd, Nittel GmbH & Co KG, Composite Containers LLC, Paper Systems Inc, Arena …
ESOMAR-certified market research company Future Market Insights (FMI) recently published its tape dispensers market report, bringing to fore key insights influencing future growth prospects from 2020-2030. The market is being penetrated by smart technologies, owing to the need for efficient and precise packaging solutions. Amid COVID-19, the landscape is slated to register a downturn of -0.2% in …
Increasing demand for recyclable and biodegradable packaging has fueled the demand for packaging testing for different packaging materials under different conditions. Pharmaceutical drugs and food and beverage manufacturers are employing packaging testing to fulfill the complex packaging standards to build brand reputation. These factors are emerging as the key growth drivers in packaging testing market. …
Continue reading “Packaging Testing Market Report Covers Future Trends with Research 2022”
The trend of shifting manufacturing from Europe & North America to Asia Pacific (APAC) region, especially to India, Bangladesh, Thailand, Malaysia and China is expected to influence the dynamics of the global induction sealing machines market. Due to their counterfeit protection, tamper evidence and leak-proof features, induction sealing machines are creating their space in majority of packaging …
Continuous inkjet printer market: Introduction- Printer is a widely used peripheral device used for the purpose of creating readable document through computer graphics. Continuous inkjet printer is among the oldest printing technology, which is continuing its dominance where speed and reliability is needed. In continuous inkjet printer, the individual drops of ink is electronically controlled to …
