New Product Development
The folding boxboard market, valued at US$ 12.2 Billion in 2022, is poised for substantial growth, projected to reach US$ 20.3 Billion by 2032, boasting a robust CAGR of 5.2% from 2022 to 2032. The exponential growth of the e-commerce industry, both in developed and developing economies, is poised to unlock significant opportunities for folding …
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The global paper packaging market is poised for substantial growth, projected to achieve a remarkable valuation of US$ 3,83,867.8 million by the culmination of 2023. With a steady CAGR of 4.1% anticipated between 2023 and 2033, the market is forecasted to surge to an impressive US$ 5,73,705.45 million by 2033. This surge is fueled by …
The future outlook for the Cohesive Packaging Market appears promising, with a projected valuation of US$2.8 billion by 2032, showcasing a robust Compound Annual Growth Rate (CAGR) of 6.6% between 2022 and 2032. Paper cohesive packaging emerges as the frontrunner, expected to dominate with a substantial market share of nearly 58.6% in 2032, reflecting a preference for …
Future Market Insights suggests that the growing consumption of packaged food and consumer goods will boost the demand for paper packaging in the coming years. Suitability of corrugated boxes, cartons, and paper bags to pack a large variety of products from different end-use industries such as electrical & electronics, food & beverages, healthcare, homecare, building …