The global demand for tray former machines is on the rise, driven by increasing applications in the thermoform and flexible packaging industries. Tray former machines, a critical component of the packaging value chain, are evolving rapidly as manufacturers focus on integrating automation to boost productivity and reduce operational costs. Innovative features such as high-speed operation, …
Category Archives: Service & Utilities
Press Release: Decision Intelligence Market for 2024 to 2034
The global Decision Intelligence Market for 2024 to 2034 is set to revolutionize industries, empowering organizations to leverage data-driven insights for enhanced decision-making. Valued at USD 12.1 billion in 2024, the market is poised to reach an impressive USD 64 billion by 2034, exhibiting a robust CAGR of 18.1% over the forecast period. This exponential …
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Beverage Packaging Market 2024: Key Trends, Challenges, and Opportunities Shaping the Future
The global beverage packaging market is set to experience steady growth over the next decade, with an estimated valuation of USD 142.3 billion in 2024, and projections indicating a rise to USD 194.3 billion by 2034. This expansion is driven by a projected compound annual growth rate (CAGR) of 3.2%, following revenue generation of USD 138.6 billion …
Global Parenteral Packaging Market Set to Reach USD 20.1 Billion by 2034, Driven by Rising Demand for Injectable Drugs and Biopharmaceuticals
The global parenteral packaging market is expected to attain a valuation of USD 12,791.2 million in 2024, with a year-over-year (y-o-y) growth of 4.5%. The market is projected to continue expanding at a CAGR of 4.6% throughout the forecast period, reaching an estimated value of USD 20,115.6 million by 2034. The key drivers of this …
Rising E-Commerce and Consumer Preferences Shape the Future of North America Fresh Meat Packaging Market
The North American fresh meat packaging market is projected to attain a valuation of USD 724.4 million in 2023 and is expected to grow at a CAGR of 4% to reach USD 1,070.9 million by 2033, according to the latest report by Future Market Insights (FMI). The growth of the market is attributed to the …
Temperature Controlled Pharmaceutical Packaging Solutions Market Set for Robust Growth with Rising Demand for Cold Chain Logistics
The temperature controlled pharmaceutical packaging solutions market is projected to experience steady growth, reaching an estimated USD 7.7 billion by 2034, up from USD 4.6 billion in 2023. This growth represents a CAGR of 4.8% from 2024 to 2034, driven by the increasing demand for safe and reliable transportation of temperature-sensitive pharmaceutical products. Request for …
Key Trends and Emerging Technologies Shaping the Next Generation Packaging Market in 2023 to 2033
The global next generation packaging market is poised for significant growth, with a projected market valuation of USD 12,847.9 million in 2023. The market is set to expand at a CAGR of 6.43% from 2023 to 2033, reaching USD 23,952.9 million by 2033. This growth is driven by key trends in sustainability, smart packaging, and …
Operational Technology Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2034
The operational technology market was projected to be valued at USD 13.7 billion in 2023. By the end of 2024, the sector is expected to be valued at US$ 16 billion. Over the course of the projection period, the operational technology market is expected to grow at a pace of 18.90% CAGR, with a valuation of …
Data Catalog Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2024-2034
With a predicted value of US$ 1.1 billion by 2024, the data catalog market is poised to achieve a significant worth. The growing awareness of and insights into the data catalog industry are the main factors propelling the expansion. Due to the trend’s predicted CAGR of 23.5% from 2024 to 2034, new possibilities within the market are …
Mobile Marketing Industry Set to Surge: Projected to Hit USD 1,440.9 Million by 2034 with a CAGR of 22.8%
In 2024, the mobile marketing industry is projected to bring in USD 184.5 million. Forecasts state that in 2034, the market would be valued USD 1,440.9 million. In 2024, the market is expected to grow at a compound annual growth rate (CAGR) of 22.8%. Businesses frequently utilize smartphones for mobile marketing, which involves sending clients personalized, …