In 2023, it is anticipated that the market for screw capping machines will be worth USD 2.1 billion. By 2033, the screw capping machines market is estimated to exceed USD 3.0 billion. A CAGR of 3.7% is expected for growth during the predicted period.
Automation in capping machines has significantly driven the screw capping machine industry in recent years. Screw capping machines are...
Over the next ten years, the market for tarpaulin sheets in Asia Pacific & Europe is anticipated to expand at a CAGR of 4.4% and 2.7%, respectively. Asia Pacific will likely surge from USD 3,079.5 million in 2023 to USD 4,354.5 million in 2031.
Europe is projected to elevate from USD 2,078.7 million in 2023 to USD 2,571.3 million in 2031. At the end of 2022, Asia Pacific had a...
The United States label release liner industry is projected to witness significant growth over the coming years, with market value anticipated to rise from USD 1,828.9 million in 2023 to USD 2,681.7 million by 2031, representing a robust compound annual growth rate (CAGR) of 4.9% during the forecast period.
Label release liners essential components in the packaging and labeling...
The water-based inks market is projected to reach a value of USD 9,120.0 million in 2023 and is expected to exceed USD 12,415.0 million by 2033. The market is capturing a CAGR of 3.1% during the forecast period.
Water-based inks are gaining popularity as a sustainable alternative to solvent-based inks due to their environmental friendliness.
Drivers for the demand for water-based...
The bag-in-box packaging market in the USA and Canada is projected to reach USD 473.0 million by 2033, growing at a 5.1% CAGR from 2023 to 2033.
Environment friendly, sustainable, convenient, and protective packaging solutions are being increasingly demanded by various industries. Some of these industries are beverage, food, and others, that require bag-in-box packaging solutions....
Japan’s polypropylene packaging films market is anticipated to reach USD 883.5 million by 2023. Through 2033, Japan’s overall sales of polypropylene packaging film will increase at a 2.1% CAGR. The Japan market will be worth more than USD 1,090.9 million by the end of 2033.
Rising applications of polypropylene packaging films in industries such as food & beverage and...
The carbon-negative packaging market is projected to experience significant growth. It is estimated to reach a value of USD 77.0 Million in 2023 and is projected to increase to USD 145.0 Million by 2033. The sales of carbon-negative packaging are predicted to expand at a substantial compound annual growth rate (CAGR) of 6.5% during the forecast period.
In recent years, the importance...
The USA barrier coated paper market value is set to expand from USD 1,620.8 Million in 2023 to USD 2,515.1 Million by 2033. Overall barrier coated paper sales in the country will soar at 4.5% CAGR from 2023 to 2033.
Growing demand for eco-friendly protective packaging solutions across industries such as food, pharmaceutical, and electronics will drive the USA market.
Paper-based...
The mailer packaging market is securing a valuation of USD 26.7 billion in 2023 and is projected to reach USD 98.98 billion by 2033. The market is likely to capture a CAGR of 14% during the forecast period.
The Mailer Packaging Market refers to the industry segment that focuses on the design, production, distribution, and use of mailer packaging. These are packaging solutions...
The global plastic dielectric films market, valued at approximately USD 1,192.2 million in 2023, is poised for significant growth, with projections indicating a CAGR of 4.1%. By 2033, the market is expected to achieve a valuation of USD 1,748.98 million, driven by emerging trends and increasing demand for advanced electronic components across various industries.
Key Trends Driving Market...
According to Future Market Insights (FMI), Japan food cling film market size is forecast to reach USD 29.6 million in 2023. Overall food cling film sales in Japan will soar at 3.8% CAGR from 2023 to 2033. The total market valuation in Japan at the end of 2033 is set to reach USD 43.0 million.
Burgeoning demand for food-grade packaging is a prominent factor...
Growth in the Oceania digital textile printer market is anticipated to surge between 2023 and 2033 at a CAGR of 4.3%. By 2033, its value is projected to be over USD 150 million. By 2023, the market is likely to surpass a valuation of about USD 98.4 million.
According to Future Market Insights (FMI), it is anticipated that the growing e-commerce distribution sphere would increase...
Sugarcane packaging is a sustainable and eco-friendly alternative to traditional petroleum-based plastics. The Sugarcane packaging market is projected to reach USD 255.0 Million by 2023 and USD 889.0 Million by 2033, expanding at a CAGR of 13.3% during the forecast period.
Sugarcane packaging is biodegradable, compostable, and recyclable, making it an environment-friendly option....
The cornstarch packaging market is expected to see tremendous growth in the coming years. In 2023, the market size is projected to be valued at USD 233.0 million, and it is anticipated to rise to USD 1,145.0 million by 2033. The sales of cornstarch packaging are expected to expand at a remarkable CAGR of 17.3% during the forecast period.
Unlike traditional packaging materials like...
The bamboo cups market is expected to grow significantly in the coming years. The size of the market is projected to be valued at USD 48 Million in 2023 and is expected to rise to USD 190 Million by 2033, with a significant CAGR of 14.7% during the forecast period.
The growing demand for bamboo cups is driven by the desire for more sustainable and eco-friendly alternatives to plastic...
The nanotechnology packaging market is anticipated to expand significantly in the coming years, with a projected value of USD 17,210.0 Million in 2023 rising to USD 87,412.0 Million by 2033. This growth is driven by various factors, including the continual breakthroughs in nanomaterials and packaging technology that offer countless opportunities for innovation and expansion.
One of...
Hemp-based packaging is gaining momentum as a sustainable alternative to traditional packaging materials. The hemp-based packaging market size is projected to grow from USD 224 million in 2023 to USD 782 million by 2033. The sales are expected to increase at a significant CAGR of 13.3% during the forecast period.
One of the primary benefits of hemp-based packaging is that it is...
FMI has projected the seaweed packaging industry to reach a valuation of USD 682.1 million in 2023 and expected to rise to USD 1,224.5 million by 2033, with a significant compound annual growth rate (CAGR) of 6.0% during the forecast period. The seaweed packaging industry is gaining traction due to concerns over plastic waste and the need for more sustainable alternatives.
Seaweed is...
The global 3D printed packaging market size is projected to increase from USD 1,210.0 million in 2023 to USD 2,560.0 million by 2033. The market is likely to capture a significant CAGR of 7.8% during the forecast period.
3D printing technology has been transforming the packaging industry, providing a wide range of material options, including metal, plastics, and even food.
As...
The global starch-based packaging industry is projected to witness substantial growth, with its valuation expected to rise from USD 7,214.5 million in 2023 to USD 13,416.0 million by 2033, achieving a CAGR of 6.4% during the forecast period. The increasing adoption of starch-based packaging as a sustainable alternative to conventional plastic is a key factor driving this growth....
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