Global grout bags market demand is anticipated to be valued at US$ 3.8 Billion in 2022, forecast to grow at a CAGR of 2.57% to be valued at US$ 4.9 Billion from 2022 to 2032. The anticipated growth of the Grout Bags Market in the forecast period is driven by the favorable properties of these bags, characterized by user-friendly features and minimal mess. …
Category Archives: Packaging Facts
Simplified Functionality Drives Demand for Dual Flap Dispensing Closures in Food and Beverage Industries | Says FMI
The net revenue generated by the utilization of dual flap dispensing closures for packaging was around US$ 369.7 million in 2022. Furthermore, the revenue estimates for the global dual flap dispensing closure industry are pegged at US$ 382.3 million in 2023. Dual flap dispensing closure sales are expected to flourish at a CAGR of 4.2% from 2023 to 2033. Following this moderate growth …
Tape Backing Materials Market is Projected to Grow at 5% to 6% CAGR by 2032 | FMI
The tape backing materials market is anticipated to expand at a CAGR of roughly 5% to 6% from 2022 to 2032. With a revenue share of roughly 60% to 70% from 2022 to 2032, polypropylene is anticipated to become the most popular material on the global market. The expansion of the global market is anticipated to be …
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Tear-tab Lids Market is Likely to Reach US$ 49.20 Billion by 2032 | FMI
With expectations of a robust 4% Compound Annual Growth Rate (CAGR) throughout the forecast period, the tear-tab lids market, which is presently valued at US$ 30 billion in 2021, is poised for substantial growth, anticipated to soar to a notable US$ 49.20 billion by 2032. The tear-tab lids market is poised for expansion in the forecast …
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Rigid Trays Market is Projected to Reach at a CAGR of 3.9% by 2032 | FMI
The global rigid trays market is forecasted to be appraised at US$ 85,986.3 million by 2032, up from US$ 58,650.8 million in 2022, advancing at a CAGR of 3.9% during the forecast period. Rigid packaging plays an important role in overall packaging market. Rigid trays can be used for fresh foods as well as processed foods. Rigid …
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Robotic Aseptic Syringe Filler Capper Market is Expected to Reach at a US$ 3,650.2 Million by 2032 | FMI
The global robotic aseptic syringe filler capper market size is projected to be worth US$ 3,650.2 million by 2032. Growing quickly is the demand for robotic aseptic syringe filler capper. With a predicted valuation of US$ 2,419.1 million in 2022, the global robotic aseptic syringe filler capper market is expected to grow at a compound annual growth rate (CAGR) of …
Food and Beverage Sector Leads Fibre Film Market Growth in Next Decade | Says FMI
The fibre film market is forecasted to exhibit a 4.1% CAGR through 2033. The industry’s size is predicted to increase from US$ 566.62 million in 2023 to US$ 846.85 million by 2033. Fibre film is the holy grail of the flexible film industry. The unique construction of fibre films with polymer fibre technology allows it …
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Global Wooden Crate Market to Reach a Valuation of US$ 1.5 Billion by 2034, FMI Projection
The global wooden crate market will reach a valuation of US$ 1.1 billion in 2024, driven by culinary innovation and chef endorsements. The trend is set to create new opportunities for the market, leading to a projected CAGR of 3.5% between 2024 and 2034, and reaching a total valuation of approximately US$ 1.5 billion by …
Bi-metal Cans Market is Expected to Reach a Valuation of US$ 45.5 Billion by 2032 | FMI
With a projected Compound Annual Growth Rate (CAGR) of 5.6% throughout the forecast period, the global bi-metal cans market is poised for significant expansion. Starting at a market value of US$ 25 billion in 2021, it is forecasted to surge to an impressive US$ 45.5 billion by 2032. The sales of bi-metal cans are poised for growth, …
Unsupported Single Coated Tape Market is Expected to Reach at a US$ 10.9 Billion by 2033 | FMI
In 2023, the projected revenue for the global Unsupported Single Coated Tape Market stands at US$ 7.1 billion. Suppliers in the unsupported single coated tape industry are anticipated to experience a steady Compound Annual Growth Rate (CAGR) of 3.5% throughout the next decade, leading to an expected valuation of US$ 10.9 billion by 2033. A crucial asset …