Just another WordPress site
The global lubricant packaging market is projected to exceed US$ 12.05 billion in 2023 and reach US$ 20.4 billion by 2033. Advancing at a CAGR of 5.4% during the forecast period. The market expansion is aided primarily by the rising demand for oil and gas worldwide. The surge in demand for flexible packaging among various packaging industries due to …
Continue reading “Rising Global Demand for Lubricants Propels Growth in Packaging Market | FMI”
The global lubricant packaging market is projected to exceed US$ 12.05 billion in 2023 and reach US$ 20.4 billion by 2033. Advancing at a CAGR of 5.4% during the forecast period. The market expansion is aided primarily by the rising demand for oil and gas worldwide. The surge in demand for flexible packaging among various packaging industries …
The global lubricant packaging market is poised for an extraordinary surge, with projections estimating a valuation of US$ 12.06 billion in 2023, and a staggering US$ 20.4 billion by 2033, demonstrating a robust Compound Annual Growth Rate (CAGR) of 5.4%. This meteoric rise comes as a response to escalating demands in oil and gas sectors …
Increasing sales of heavy commercial vehicles are expected to boost the demand for lubricant packaging, states Future Market Insights (FMI). Demand for lubricant in bulk is increasing the sales of packaging product such as pails, cans, and bottles. Lubricant Packaging Market is expected to reach US$ 11.4 Bn in 2022, likely to surge at a vigorous 5.2% …
