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The global market for molded wood pallets is expected to expand quickly in 2023, with yearly revenue growth of 2.0%. Sales of molded wood pallets are expected to rise from US$ 2.70 billion in 2023 to US$ 4.66 billion by 2033, according to a recent FMI projection. Over this period, the market for molded wood pallets …
Continue reading “Molded Wood Pallets Market Grows on Efficiency and Global Trade Expansion”
The market for paper Edge Protectors is expected to achieve a valuation of US$ 4.56 billion by the end of the projected period (2023 to 2033) at a noteworthy compound annual growth rate of 4.5%. The growing need for safe goods transportation, particularly from the food and pharmaceutical industries, is probably what will fuel the rise. …
Projected from 2023 to 2033, the aluminum extrusion market predicts a 4.6% compound annual growth rate (CAGR) and a steady growth trajectory, rising from US$ 126.67 billion in 2023 to US$ 195.48 billion by 2033. This increase is a sign of the growing need for aluminum extrusion in a variety of industries due to its sustainability, …
Continue reading “Aluminum Extrusion Market Growth Driven by Urbanization and Lightweight Trends”
The global cupcake liner market is poised for substantial growth, projected to reach a revenue of US$ 149.2 million by 2034, driven by key trends shaping consumer preferences and industry dynamics. The increasing use of cupcake liners in various celebratory occasions, the popularity of bite-sized cupcakes over traditional wedding cakes, and the influence of innovative …
The global cigarette inner liner market is on a trajectory to reach a valuation of US$ 120.0 million by 2034, propelled by various factors and hindered by certain challenges. The market is set to grow at a moderate CAGR of 3.80% during the forecast period. Key drivers include the mounting health concerns leading to a …
The bag market is estimated to be worth US$ 34.1 billion in 2023 and is projected to be valued at US$ 50.3 billion in 2033. between 2023 and 2033, the industry is expected to register a growth rate of 3.9%. Bags are one of the most cost-effective packaging solutions available. They are economical to produce, lightweight, and efficient for containing and transporting a …
Over the projected period, the global unidirectional tape (UD) market is anticipated to experience significant growth, with a compound annual growth rate (CAGR) of 12.3%. This surge is forecasted to elevate the market value from US$ 316 million in 2024 to a substantial US$ 1010 million by 2034. With an increase in the production of …
The tapes market is expected to experience significant growth, with a projected value of US$ 78.5 billion in 2023, increasing to US$ 126.6 billion by 2033. The building & construction sector is showcasing impressive growth in Asia Pacific. The sector includes industrial construction, real estate, and repair & maintenance along with other industries. Expansion of the building …
According to the global pallets market survey report by FMI, the market reached a valuation of US4 6,036 million back in 2022. As per the new market analysis report, the total sales of pallets in the year 2023 are estimated to be around US$ 6,386.1 million. Throughout the forecast years from 2023 to 2033, the global demand for pallets …
Continue reading “Pallets Market is Expected to Expand at a 5.3% CAGR by 2033 | FMI”
The global market for corrosion protection tapes is expected to experience significant growth from 2022 to 2031, with a compound annual growth rate (CAGR) of 4.4%, resulting in a valuation of US$ 1.8 billion by 2031. The corrosion protection tape market is experiencing a significant boost due to ongoing innovations in materials and adhesive technologies. These advancements are enhancing the performance …