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Showing posts from December, 2024

Snack Food Packaging Industry : Notable Developments and Geographical Outlook 2025 to 2035

 The snack food packaging industry is expected to rise from USD 19.5 billion in 2025 to USD 28.5 billion by 2035, with a steady CAGR of 4.3% during the forecast period. The industry generated USD 18.0 billion in revenue in 2024, demonstrating its quick and constant growth. The rising need for customized packaging for savory snacks is a fundamental driver of this expansion. This segment, which includes chips, pretzels, and popcorn, is expected to dominate the food type category, accounting for more than 45% of industry share by 2035. The requirement to retain the texture, flavor, and crispiness of these snacks necessitates the use of creative packaging methods that protect them from moisture and air exposure, which can degrade their quality. Get the Complete Story— Read More About Our Latest Report ! The robust growth of the snack food packaging industry reflects a rising consumer preference for convenience foods and the evolving expectations of packaging durability, func...

Aluminum Extrusion Market Insights, Deep Analysis of Key Vendor in the Industry 2033

 The  aluminium extrusion market  is anticipated to have grown from USD 126.67 billion in 2023 to USD 195.48 billion by 2033. Aluminum scrap can be completely recycled into new aluminum extrusions. The development of aluminum is being fuelled by the use of green activities. Aluminum extrusion is a manufacturing process where aluminum alloy material is forced through a shaped die to create objects with a specific cross-sectional profile. This process allows for the creation of complex shapes and designs with high precision. It is widely used in various industries, including construction, automotive, aerospace, and electronics, due to aluminum’s light weight, strength, and corrosion resistance. Get the Complete Story— Read More About Our Latest Report ! Aluminum Extrusions are becoming Popular due to their Excellent Performance Aluminum is a light metal that weighs around one-third that of steel or copper. Aluminum extrusions are suitable for the construction industry ...

Sachet Packaging Machines Market Insights, Deep Analysis of Key Vendor in the Industry 2024 to 2034

 The  sachet packaging machine market  is poised for significant growth, with the global market size estimated to be worth USD 611.7 million in 2024 and projected to reach USD 822.4 million by 2034. The market is expected to expand at a steady CAGR of 3.0% from 2024 to 2034, according to the latest industry analysis. In 2023, the market generated revenue of USD 597.7 million, with a projected year-on-year growth rate of 2.3% in 2024. The Vertical Form Fill Seal product type is expected to dominate the market during the assessment period, capturing almost 90% of the total market share. VFFS machines are highly favored for their production efficiency, compact design, and minimal floor space requirement, making them an essential component in manufacturing environments where space is at a premium. The versatility of these machines allows for seamless integration into production lines, further boosting their appeal. See How Things Have Changed:  Access the Old Source for ...

Growlers Market : Global Industry Analysis, Size, Share, Growth, Trends by 2033

 The global  growlers market  is poised for steady growth, with FMI’s latest analysis predicting a compound annual growth rate (CAGR) of 2.7% over the forecast period. The market, currently valued at USD 556.2 million in 2023, is expected to reach USD 726 million by the end of 2033. This growth is driven by shifting consumer preferences, particularly an increasing demand for diverse and high-end alcoholic beverages. In both developed and developing countries, beer consumption trends reveal a growing interest in products that deliver unique taste, freshness, and premium quality. The younger generation’s evolving purchasing habits are a key catalyst for market expansion. With a strong appetite for innovative and superior products, this demographic is reshaping the growlers market. Additionally, improved living standards and economic growth in emerging regions are anticipated to further enhance the market’s trajectory in the coming years. Get the Complete Story— Read More Ab...

Returnable Transport Packaging Market Comprehensive Shares, Historical Trends And Forecast By 2033

 The global  Returnable Transport Packaging (RTP) market  is projected to experience significant growth, securing an estimated valuation of USD 27.81 billion in 2023, with a forecasted rise to USD 45.73 billion by 2033. This expansion reflects a compound annual growth rate (CAGR) of 5.1% over the next decade, driven by increasing demand for sustainable and reusable packaging solutions. Key factors contributing to the market’s growth include the rising demand for recycled and reused goods, particularly in response to growing global concerns over waste reduction. RTP solutions, such as dunnage bags, intermediate bulk containers (IBCs), layer pads, plastic crates, and drums, are gaining traction across various industries, including retail, food & beverages, logistics, chemicals, and building & construction. Uncover Detailed Findings— Access the Full Report Today ! As transportation and trading activities expand worldwide, waste management challenges have intensified,...

Deblistering Machines Market Assessment and Key Insights Analyzed Till 2033

 The  Deblistering Machines Market  is projected to experience steady growth in 2023, with its valuation surpassing USD 165.0 million. The market is forecasted to expand at a CAGR of 5.0% between 2023 and 2033, ultimately reaching a value of USD 270.0 million by the end of 2033. This growth can be attributed to the evolving dynamics of the global pharmaceutical sector, which increasingly requires faster manufacturing and packaging solutions to cater to diverse pharmaceutical products. The adoption of automated and advanced manufacturing and packaging equipment in the pharmaceutical industry is expected to play a pivotal role in driving the demand for deblistering machines in the near future. See How Things Have Changed:  Access the Old Source for This Report ! Deblistering machines, known for their compact size and durability, are designed to extract tablets or capsules from blister packs, making them reusable. These machines simplify operations and are widely utiliz...

Thermoformed Containers Market | Scope of Current and Future Industry 2033

 The global  thermoformed containers market  is poised for significant growth, as per the latest research conducted by Future Market Insights (FMI). The market is projected to record a compound annual growth rate (CAGR) of 4.6% during the forecast period from 2023 to 2033. In 2023, the market size is expected to reach USD 19.9 billion, and by 2033, it is anticipated to achieve a valuation of USD 31.6 billion. Thermoformed containers are manufactured through a thermoforming process that involves heating rigid plastics or closed-cell foams to a pliable temperature, allowing them to be molded into various shapes using pressure and vacuum forming techniques. Understand the Evolution:  Request the Previous Source for This Report ! These containers are witnessing growing adoption across multiple industries due to their notable attributes, including lightweight, durability, water resistance, cost-effectiveness, and reusability. Products such as clamshells, blisters, trays ...

Transport Cases & Boxes Market Expectations & Growth Trends Highlighted Until 2033

 The global  Transport Cases & Boxes market is expected to experience significant growth, with a projected market value of USD 1.7 billion in 2023, rising to USD 2.4 billion by 2033. This growth reflects a CAGR of 3.5% during the forecast period. The increasing demand for secure transportation and packaging solutions across diverse industries is expected to drive this market expansion. The demand for transport cases and boxes is surging due to their essential role in protecting sensitive and high-value items during transit. Industries such as defence, medical devices, photography, music equipment, and electronics are increasingly relying on transport cases to safeguard critical components like sensors, communication systems, and other fragile equipment. Transport cases provide robust protection, preventing damage from impact, moisture, dust, and temperature fluctuations. Find Out More— Read the Complete Report  for Full Insights! The widespread use of transport cases...

Tray Sealing Machines Market Expectations & Growth Trends Highlighted Until 2034

 The global market for  tray sealing machines  is expected to witness consistent growth, with sales projected to reach USD 5.9 billion in 2024, growing at a compound annual growth rate (CAGR) of 3.5% over the forecast period and ultimately reaching USD 8.2 billion. In 2023, the market generated revenues of USD 5.7 billion and is projected to show a year-over-year (Y-o-Y) growth rate of 2.8% in 2024. A major growth driver is the rising demand for automated tray sealing machines, which are rapidly gaining popularity. These automated systems are expected to account for more than 60% of the industry share by 2024. The appeal of automation lies in its benefits: it reduces manufacturing errors, enhances production efficiency, and lowers production costs by minimizing the need for a large workforce. Furthermore, the ongoing shift toward automation, fueled by the adoption of AI and machine learning technologies, is expected to accelerate the market’s growth trajectory. Explore th...

Disposable Cutlery Market Expectations & Growth Trends Highlighted Until 2033

 As per the recent market research conducted by FMI, the global  disposable cutlery market  is expected to value USD 2.6 billion by 2033. In 2023, the market size is anticipated to be USD 1.6 billion. The CAGR during the forecast period is projected to be at 4.9%. The COVID-19 pandemic has taught the world to focus more on hygiene. Owing to this, the food sector has been laying lots of emphasis on cleanliness. This has led to an increase in the demand for disposable cutlery as these are hygienic and wrapped when sold by manufacturers. The manufacturers in the market are making use of biodegradable products to put a check on land pollution. Moreover, biodegradable disposable cutleries are affordable as compared to their non-biodegradable counterparts. Gain Comprehensive Knowledge— Read the Entire Report Now ! The cloud kitchen market has been witnessing massive growth over the past few years. The USD 65 billion worth of cloud kitchen market presents huge opp...

Copier Paper Market 2023 Comprehensive Shares, Historical Trends And Forecast By 2033

 In 2023, the global  copier paper market  is projected to achieve a size of US$ 15.1 billion. With an anticipated Compound Annual Growth Rate (CAGR) of 1.6% between 2023 and 2033, the market is forecasted to escalate to US$ 17.6 billion by 2033. This growth trajectory underscores a gradual but steady expansion in demand for copier paper over the forecasted period. Factors such as sustained office and educational activities, alongside the emergence of environmentally sustainable paper products, are expected to contribute to the market’s upward trajectory, catering to the evolving needs of consumers and businesses alike. Playing a crucial role in the paper industry, the global copier paper market serves as a fundamental segment, extensively utilized for photocopying and printing purposes. Its expansion is primarily fueled by the increasing need for printer and copier paper, catering to diverse sectors including education, corporate, and personal use. Dive Into Historical D...

Drum Liner Market 2024 Expectations & Growth Trends Highlighted Until 2034

 According to the updated report from Future Market Insights (FMI), the global  drum liner market  is projected to experience steady growth, with a CAGR of 4.00% through 2034. Valued at USD 525.6 million in 2024, the market is expected to surge to a valuation of USD 801.2 million by 2034. Drum liners are gaining significant traction across various industries due to their compatibility with steel, plastic, and fiber drums. Their ability to enhance safety and meet the certification standards of the EU and FDA is expected to further boost their demand. Special types of drum liners, including anti-static and barrier foil liners, are playing a critical role in expanding their use in sectors such as chemicals, paints, and food. Dive Into Historical Data:  Get the Old Report Source Now ! Demand for Flexible Packaging Solutions Drives Growth The increasing demand for flexible packaging solutions is a key driver behind the growth of the drum liner market. Industries handling ...

Produce Packaging Market Key Players, End User, Demand and Consumption by 2033

 The  produce packaging market  is anticipated to enjoy robust demand, with a total value of USD 34,470.9 million in 2023 increasing to USD 44,447.6 million by 2033. Between 2023 and 2033, FMI expects the sales of produce packaging to expand at a 2.6% CAGR. Changing eating habits and lifestyles may cause people to buy more packaged goods, which could have a big effect on the produce packaging. A rise in the amount of disposable income per person and a rise in the population is expected to help increase the demand for the product because of its high barrier properties, long shelf life, and safety for the consumer. People want natural, high-quality foods that haven’t been processed much or at all, don’t contain preservatives, and last longer. Food is packaged for many reasons, such as to keep out dirt and bugs, to make it easier to carry, and to control how much food is eaten. Sustainable packaging helps reduce food waste and loss by preventing food-borne diseases, and chem...

Duct Tape Market : Notable Developments and Geographical Outlook 2024 to 2034

 According to Future Market Insights, the  duct tape market  is poised for significant growth, with its size expected to increase from USD 4.9 billion in 2024 to USD 8.0 billion by 2034. Over the next decade, a moderate 5.1% CAGR in the demand for duct tape is projected to drive the expansion, which had seen a CAGR of 3.0% between 2019 and 2023. The duct tape market is experiencing growth due to increased demand from packaging and construction industries. As industries expand and construction projects surge, the need for reliable sealing and bonding solutions like duct tape continues to rise. Urbanization and industrialization lead to more repairs and strapping needs, boosting the demand for duct tape. Unlock the Past:  Get the Previous Source for This Report Today ! Duct tapes also play a crucial role in both industrial applications and home renovation projects. There has been a notable surge in the sales of duct tap...

PET Stretch Blow Molding Machines Market Insights, Deep Analysis of Key Vendor in the Industry 2033

 As per a recently published report by Future Market Insights (FMI), sales of  PET stretch blow molding machines market  are anticipated to reach USD 760.0 Million in 2023 and exhibit a considerable CAGR of 2.9% from 2023 to 2033. The market is likely to be valued at USD 978.4 Million by the end of 2033. The beauty and cosmetics industry has substantially grown in the last two to three years. Use and application of skincare and haircare products are increasing, and customer base of these products is rising day by day. Sales of beauty and skin care products have multiplied in recent times. Growth of the e-commerce segment has also supported beauty care product sales by delivering directly to the consumer. Involvement of social media these days is also helping the skincare and haircare market to grow by directly relating to consumers. Social media has successfully increased awareness about various skincare and haircare products, which is set to...

Plastic Caps & Closures Market | Current and Future Demand, Analysis, Growth and Forecast By 2033

 The global  plastic caps & closures market  size is slated to surpass a valuation of USD 45,913.6 million in 2023. FMI anticipates the market is estimated to attain a valuation of USD 76,953.0 million by 2033. The market is predicted to showcase a CAGR of 5.3% from 2023 to 2033. For packing and closing various kinds of bottles, tubes, containers, and jars, plastic caps, and closures provide a reliable and secure packaging option. Thermoplastic and thermoset plastics are the materials used to make plastic caps and closures. Plastic caps and closures are great for packaging a range of carbonated and non-carbonated beverages as well as industrial items since they are lightweight and recyclable. Gain Comprehensive Knowledge— Read the Entire Report Now ! The increasing number of millennials in emerging nations and their increasing disposable incomes drive the consumption of carbonated and non-carbonated drinks. Due to shifting inclinations toward healthy lifestyles, the m...

Bioplastics For Packaging Market : Key Players, Applications, Outlook, SWOT Analysis And Forecasts 2033

 The  bioplastics for packaging market  is forecast to expand at 10.3% CAGR over the estimated time, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 11.6 billion in 2023 and USD 30.9 billion by 2033 The demand for bioplastics solutions to package products is expected to be driven by government initiatives to lower ecological waste, particularly plastic packaging waste, and better the waste management processes. Governments across the globe are creating restrictions on the use of traditional plastics, which is pushing the growth of bioplastic as a steady substitute in the packaging industry. Developing economies, such as India, strongly rely on single-use plastics. These economies have been observing a vigorous phase-out of single-use plastics due to legislation surrounding the ban on single-use plastics. The country is projected to observe heavy developments in bioplastics for the packaging industry, in line with the goals ...

Specialty Film Market 2024 | Current and Future Demand, Analysis, Growth and Forecast By 2034

 The estimated market size for the global  specialty film market  in 2024 is USD 22.9 billion. It is expected to jump from this to USD 28.8 billion by 2034. The forecasted market progress is sluggish, at a CAGR of 2.30%. However, due to various assertive market forces, the subject market estimates a better growth rate than the historical period. The food industry’s substantial growth is the subject market’s primary driver. It is identified that the growing industry demands wrapping and packaging films. This describes the necessity of good wrapping films that can fulfill the industry’s demand. Hence, this drives the market under consideration. Explore In-Depth Analysis— Click Here to Access the Report ! Consumers prefer packaged food, which surges the demand for foils and packing material. This makes food storage and transportation easier, creating lucrative market expansion opportunities for the subject market. Also, the availability of ...