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Showing posts from September, 2022

Flow Wrap Packaging Market – Business Opportunities and Global Forecast to 2032

 The global flow wrap packaging market is projected to grow at a CAGR of 3.1% during the forecast period. This is expected to exceed US$ 26,996.4 million in 2022 to reach US$ 36,634.6 million by 2032. Manufacturers of packaging materials are working to address environmental concerns and encourage healthy lifestyles. This desire for sustainable packaging is a crucial factor propelling the worldwide flow wrap packaging market. Flow wrap machines are popular because of their ability to tightly and quickly wrap products. When it comes to food packing, these flow wrap machines are a must. Programmable and automated flow wrapping machines are another exciting advancement in the flow wrap packaging market. The rising market for horizontal flow wrap machines may be affected by the rising number of food and beverage businesses. Thus, they find further utility in contexts where high-quantity packaging options are needed. Flow wrap machine use is on the rise due to several factors impacting their

Compostable Foodservice Packaging Market Global Industry Overview and Competitive Landscape till 2029

 The global sales of compostable foodservice packaging is estimated at US$ 19.9 Bn in 2022 and is projected to reach US$ 28.8 Bn by 2029, with a  CAGR of 5.5% between 2022 to 2029.Among all the packaging types used in compostable foodservice packaging, trays and cups are anticipated to account for more than 45% out of total compostable foodservice packaging sold across the globe in the year 2022. The European region is anticipated to account for almost 1/3rd of the total sales of compostable foodservice packaging valued at US$ 6 billion in the year 2022. As per material type, almost ½ of the compostable foodservice packaging products are made up of paper & paperboard material throughout the forecasted period. Global sales of compostable foodservice packaging products made up of bio-degradable plastics are expected to grow 1.4X between 2022 and 2029. The global compostable foodservice packaging constitutes around 34% of the foodservice packaging market worth US$ 58 billion in 2022.F

Cardboard Flask Market Insights By Type, Industry, Application & End-User | FMI

 Beverage industry which is growing continuously has led to developments and innovations in the cardboard flask market. Countries that have high consumption of tea and coffee such as the USA, United Kingdom, China, Japan & India might impact the demand for cardboard flask. Cardboard flasks might not be predominant when it comes to the sale of these hot beverages in the brick and mortar store but E-commerce has hiked the demand for cardboard flask. The convenience and ease of ordering the hot beverages at their workplace and homes with advent of digitalization in developing countries such as India and China is likely to augment the demand for the cardboard flask market. Compared to its counterpart which is a traditional flask which were used by the brand owners to deliver the beverage to its customers, the cardboard flask provides more pros since its cuts down the cost of collecting and cleaning them. Thus, this is likely to positively impact the growth of the cardboard flask market

Tamper Proof Packaging Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2031

 Global Tamper proof packaging market is expected to grow at a CAGR of 7% to 8% during the forecast period (2021-2031). Increasing demand for tamper evident packaging in various end-use industries such as food & beverages, pharmaceutical, cosmetics & personal care industry and growing disposable incomes of consumers across the globe are boosting the market growth. With increasing incidences of counterfeit products especially in emerging Nations, there has been a rise in the demand for a form of packaging which is tamper-proof as well as intelligent. This has resulted in the adoption of intelligence tamper-proof packaging market which is a sign of authentic and real product present inside the packaging.  What is Driving Demand for Tamper Proof Packaging? The global tamper proof packaging market is driven by changing preference towards flexible packaging solutions, low cost of storage, low use of material, and low transport cost. Rising concerns regarding safety are fueling the m

Recycled Prescription Bag Market – Business Opportunities and Global Forecast to 2031

 Prescription Paper bags are light-weight, non-toxic, biodegradable, and recyclable, and are therefore becoming hugely popular among end users, starting from pharmaceutical to chemical industry.  With rising concerns regarding the safety of environment and marine animals, the demand for paper bags is increasing as more people are choosing eco-friendly packaging instead of polythene bags. Recycled Paper bags refer to the packaging bags made from recycled paper & paperboard materials. Paper bags are the best alternative to plastic bags, therefore causing the least damage to the environment Furthermore, recycled paper bags are made from locally available waste paper materials that saves the export cost. This makes manufacturing of paper bags cost-effective in turn making them highly affordable for consumers. What is Driving Demand for Recycled Prescription Bag? With the pharmaceutical industry transforming due to change in regulations and consumer preferences, the demand for paper bag

Die Cut Display Container Market- New Technological Development Projecting Massive Growth till 2026

 The die cut display container market is likely to record a CAGR of 12% through 2032. The market is expected to reach a valuation of US$ 23.38 Bn by 2032, up from US$ 7.53 in 2022.Market participants understood they had to respond right away in the complicated, rapidly shifting world of retail. They, therefore, work to create custom and off-the-shelf POS materials that are likely to capture clients' attention, result in a sale, and keep them in the forefront. Manufacturers and retailers are implementing a variety of approaches and methods to grow the die-cut display business. They gravitate toward die-cut display containers since they assist in saving money even while protecting the goods because of their reusable nature. As the majority of market participants focus on increasing recycling, decreasing waste, and lowering pollution, they embrace sustainability strategy and implement it throughout all of their POS procedures and solutions. Some of them also use metrics for circular

Strapping Supplies Market Analysis Report by Marketing Strategy, Promotions, New Product Launches and Emerging Trends by 2025

 The global strapping supplies market is estimated to create a value of US$ 4.6 Bn in 2022. The sales of the strapping supplies are projected to propel at 5.3% CAGR between 2022 and 2032. As per the study, the top 3 countries are estimated to hold around 30-35% of the market by 2022. In the strapping supplies market, the strapping machines are anticipated to hold significant portion as it improves efficiency in warehouse and increase the overall presentation of packaged products. The strapping machines segment is anticipated to hold around 46.2% of demand share in 2032. According to Future Market Insights (FMI), rise in demand for packaging straps among various industries such as construction, automotive, and others is anticipated to increase the sales of strapping supplies. The strapping supplies market is projected to grow at 1.7 times the current market value during the forecast period.   As per Future Market Insights (FMI), the overall strapping supplies market grew at a CAGR of 3

Global Catering and Food Service Market – Latest Research, Industry Analysis, Driver, Trends, Business Overview, Key Value, Demand And Forecast 2022-2032

 The online catering market place is projected to witness steady growth in the global market at a CAGR of 4.6% during 2022 and 2032. The online catering market place share is projected to be valued at US$ 76.3 Bn in 2022 and is forecasted to reach US$ 119.9 Bn by 2032. “The global expansion of online catering marketplace share is being driven by financial growth, more disposable income, increased food consumption, and improved internet penetration. The increase in adoption of online catering is due to the growing trend of ordering meals online and customers spending more money on food consumed outside the home around the world.” Online catering marketplace key players are focusing on expanding their services in every manner they can, including facilitating online catering services and reacting to the growing trend of food delivery to homes. This is one of the major factors driving the growth of online catering marketplace share. Furthermore, marketplaces assist local and small compani

Instant Dry Yeast Market: Worldwide Industry Analysis and New Market Opportunities Explored By 2022

 The global instant dry yeast market is expected to secure US$ 652.3 Million in 2022 and reach US$ 984.9 Million by 2032. During the forecast period, the market is anticipated to display a CAGR of 5.1%. The market registered a CAGR of 4.1% from 2016-21. The growth of the market can be attributed to the increasing demand for bakery products. The food segment is projected to account for the largest market share owing to the high consumption of bakery products. Increasing demand for naturally-extracted ingredients with rising consumption of naturally-extracted ingredients with the surging demand for clean-label and free-from products is likely to boost the instant dry yeast market. Expansion of the market can be attributed to various favorable initiatives taken by players. For instance, in January 2020, Lesassre Group set up a new baking center for its subsidiary, Lesaffre Ivoire, in Abidjan, Weste Africa. The company aims to offer innovative bread-making solutions. The initiative would

Dredging Market: Worldwide Industry Analysis and New Market Opportunities Explored By 2022

 The global dredging market is expected to reach a valuation of US$ 15.6 Bn in 2022.  As per the report, demand in the dredging market is slated to increase at a CAGR of 3.7%, reaching a valuation of US$ 22.3 Bn by 2032. By customer type, the government segment currently accounts for more than 40% share in the usage of dredging services for various activities such as coastal protection, trade activities, and mining projects. East Asia is anticipated to hold a dominant share of 29.6% in the global dredging market due to an increase in mining and trade activitiesSeaports need to carry out maintenance repeatedly due to soil erosion or soil degradation in the area. Hence, for the preservation of ports, increasing dredging maintenance activities will boost sales in the dredging market. The dredging market accounts for around 27% of the global underground mining market.Sales Analysis of Dredging Services from 2017 to 2021 Vs Market Projections for 2022 to 2032 From 2017 to 2021, sales in the

Vibration Control Systems Market: Worldwide Industry Analysis and New Market Opportunities Explored to 2031

 As the automotive industry has grown significantly over the past years, the demand for various type of vibration control systems such as automation control, motion control, vibration control, and others has increased substantially. With vibration control system manufacturers bringing in a flurry of products, Future Market Insights (FMI) expects outlook to be bullish during the period 2021-2031Historical & Future Outlook of Vibration Control System Market With the rise in demand from the industries with fast-paced growth such as oil & gas, utilities, transportation, and others, the requirement for vibration control system has grown over the past decade. While development of broad categories of products such as isolating pads, absorbers, and dampers, manufacturers has catered to the market growth, the macro-economic factors such as rise in per capita expenditure on utility, increase in governmental expenditure on key end-use industries, and others have further fueled sales. Acco

Gaskets and Seals Market Trends, Segmentation, Outlook, Industry Report to 2026

The global gaskets and seals market is anticipated to hold a market value of USD 102 Bn by 2026, while recording a CAGR of 5.4% during the assessment period.The growing need to enhance the performance of various engineering products is anticipated to augment the demand for gaskets and seals. Gaskets and seals are mainly designed to support manufacturers and ensure performance efficiency. These also help in complying with strict standards and specifications. The demand for static seals is anticipated to surge in the upcoming years owing to the urgent need to control emissions and reduce the risk of unexpected downtime. The increasing focus of major manufacturers on the development of dynamic seals with composite material designs to enhance the product’s functionality is another factor that is projected to boost the high performance gaskets and seals market in future years. APEJ is projected to dominate the global gaskets and seals market by exhibiting a CAGR of 6.8%, procuring a market

Dredging Market Trends 2022| Segmentation, Outlook, Industry Report to 2032

 The global dredging market is expected to reach a valuation of US$ 15.6 Bn in 2022.  As per the report, demand in the dredging market is slated to increase at a CAGR of 3.7%, reaching a valuation of US$ 22.3 Bn by 2032. By customer type, the government segment currently accounts for more than 40% share in the usage of dredging services for various activities such as coastal protection, trade activities, and mining projects. East Asia is anticipated to hold a dominant share of 29.6% in the global dredging market due to an increase in mining and trade activities sample request@ https://www.futuremarketinsights.com/reports/sample/rep-gb-4821 Emerging markets and developing countries, as well as domestic demand and investment rebound in industrialized economies, fueled growth in 2017. The predominance of the mega-cities, that have a population of more than 10 million people, is expected to increase in Asia Pacific. There are 39 megacities across the globe, with the majority of urban area

In-Depth Analysis of the COVID-19 Impact on Global Vibration Control Systems Market

 As the automotive industry has grown significantly over the past years, the demand for various type of vibration control systems such as automation control, motion control, vibration control, and others has increased substantially. With vibration control system manufacturers bringing in a flurry of products, Future Market Insights (FMI) expects outlook to be bullish during the period 2021-2031 With the rise in demand from the industries with fast-paced growth such as oil & gas, utilities, transportation, and others, the requirement for vibration control system has grown over the past decade. While development of broad categories of products such as isolating pads, absorbers, and dampers, manufacturers has catered to the market growth, the macro-economic factors such as rise in per capita expenditure on utility, increase in governmental expenditure on key end-use industries, and others have further fueled sales. sample request@ https://www.futuremarketinsights.com/reports/sample/re

Global Gaskets and Seals Market 2016 Growth, COVID Impact, Trends Analysis Report 2026

 The global gaskets and seals market is anticipated to hold a market value of USD 102 Bn by 2026, while recording a CAGR of 5.4% during the assessment period.The growing need to enhance the performance of various engineering products is anticipated to augment the demand for gaskets and seals. Gaskets and seals are mainly designed to support manufacturers and ensure performance efficiency. These also help in complying with strict standards and specifications. The demand for static seals is anticipated to surge in the upcoming years owing to the urgent need to control emissions and reduce the risk of unexpected downtime. The increasing focus of major manufacturers on the development of dynamic seals with composite material designs to enhance the product’s functionality is another factor that is projected to boost the high performance gaskets and seals market in future years. sample request@ https://www.futuremarketinsights.com/reports/sample/rep-gb-815 the growing need to enhance the per