Global Fanfold Market Projected to Reach USD 15.1 Billion by 2034, Driven by E-Commerce and Technological Advancements | Future Market Insights, Inc.

August 27, 2024 5:00 AM

According to the estimations derived by FMI analysts, over the projection period, the fanfold market is predicted to register a CAGR of 4.6%, from USD 9.8 billion in 2024 to a worth of USD 15.1 billion by 2034.Due to rising applications in a variety of sectors and developments in packaging and printing technologies, the global fanfold market is anticipated to grow significantly over the ensuing decade.Because more people are buying online and...

Read more

Will Ongoing Sustainable Trends Bottle the Glass Liquor Bottle Industry? Explore Market Trends with FMI

August 27, 2024 2:00 AM

The global glass liquor bottle market is growing rapidly, with a value of USD 5.2 billion in 2023 and an expected 3.4% CAGR growth from USD 5.4 billion in 2024 to USD 7.5 billion in 2034. This growth is driven by the premiumization of alcoholic spirits, a growing demand for eco-friendly packaging, and the popularity of craft distilleries and premium spirit brands.Glass bottles are preferred over plastic and metal packaging due to their inert...

Read more

Global Sorter Machines Market Set to Reach USD 1.9 Billion by 2034, Driven by E-Commerce Boom, Warehousing and Logistics Automation | FMI

August 26, 2024 2:30 PM

The global sorter machines market is on a steady growth path, with sales estimated to reach USD 1,457.5 million in 2024 and projected to increase to USD 1,902.4 million by 2034. The market is expected to expand at a compound annual growth rate (CAGR) of 2.7% during the forecast period between 2024 and 2034. In 2023, the revenue generated by sorter machines was USD 1,419.1 million, with an anticipated year-over-year (Y-o-Y) growth rate of 2.1% in...

Read more

Die-cut Box Market is Booming with a Focus on Eco-friendly Materials like Paper and Bioplastics, Customizable and Sustainable Options Drive Growth in Consumer Packaging Says Future Market Insights, Inc.

August 23, 2024 2:00 AM

The die-cut box market share is estimated to reach USD 28.6 billion through 2034. Eliminating the usage of plastic for a more sustainable environment is anticipated to push the demand for die-cut packing in the future. The demand stood at USD 22.1 billion in 2024 and is set to exhibit a CAGR of 2.6% from 2024 to 2034.Offering specialized solutions for a range of products, the die-cut box market is a sizable segment of the packaging industry. For...

Read more

Global Feeder Container Market Set to Reach USD 11.3 Billion by 2034, Driven by Surge in Demand for Temperature-Controlled Transport | Future Market Insights, Inc.

August 22, 2024 1:00 PM

The global feeder container market is on track to achieve significant growth, with estimated sales projected to reach USD 11.3 billion by 2034. This expansion represents a steady rise from the estimated USD 7.8 billion in 2024, reflecting a CAGR of 3.7% over the forecast period from 2024 to 2034. The revenue generated by feeder containers in 2023 was USD 7.6 billion, with a forecasted year-over-year growth of 2.5% in 2024.The market is...

Read more

Global OPP Pouches Market to Reach USD 12.3 Billion by 2034, Projected to Grow at a CAGR of 2.6% | Future Market Insights, Inc.

August 22, 2024 1:00 AM

The global sales of OPP pouches are poised for steady growth, with an estimated market value of USD 9.6 billion in 2024. This figure is projected to climb to USD 12.3 billion by 2034, reflecting a CAGR of 2.6% over the forecast period from 2024 to 2034. The demand for OPP pouches is driven by their wide application in various industries, particularly in food and beverage packaging, where their durability, transparency, and moisture resistance...

Read more

E-commerce Proliferation in Developing Economies to Help the Velvet Lamination Film Market Expand! Explore Market Trends and Opportunities with FMI

August 21, 2024 1:00 AM

The global velvet lamination film market has experienced substantial growth, reaching a size of USD 117.9 million in 2023. Looking ahead to the forecast period from 2024 to 2034, the market is expected to exhibit a steady 4.2% CAGR, with the total market value projected to surge from USD 123.7 million in 2024 to USD 186.2 million by 2034.Velvet packaging has become increasingly popular in a multitude of industries due to its sophisticated feel....

Read more

Global Heat Transfer Paper Market to Reach USD 713.1 Million by 2034, Driven by Personalized Fashion and Cost-Effective Printing Solutions | Future Market Insights, Inc.

August 20, 2024 5:00 AM

The size of the global heat transfer paper market is predicted to increase steadily, from USD 541.1 million in 2024 to USD 713.1 million by 2034. Based on the most recent industry data, the market is anticipated to grow at a compound annual growth rate (CAGR) of 2.8% between 2024 and 2034. Revenues of USD 525.3 million were generated by the market in 2023, indicating the growing demand for affordable, customized printing solutions across a range...

Read more

CCL Industries Announces Record Results for 2024 Second Quarter

August 8, 2024 5:30 PM

CCL Industries Inc. (TSX:CCL.A)(TSX:CCL.B)("the Company"), a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, today reported 2024 second quarter results.Sales for the second quarter of 2024 increased 12.2% to $1,845.6 million, compared to $1,644.5 million for the second quarter of 2023, with organic growth of 8.5%, acquisition-related growth of...

Read more

Rapid Growth of eCommerce Sector Catapults Sales in the Dairy Container Market; FMI Analysts Predict Market Valuation to Surpass USD 38.4 billion by 2034

August 7, 2024 3:30 AM

The dairy container market is valued at USD 27.7 billion in 2024 and is anticipated to surpass a valuation of USD 38.4 billion by 2034. The dairy container market expansion is estimated at a CAGR of 3.30% from 2024 to 2034.The way people buy dairy products is changing due to the explosive growth of e-commerce and online grocery shopping. An increasing number of people are utilizing online channels for their shopping requirements due to the ease...

Read more

Is Rising Consumption of Packaged Food Items Scoring Big Bets in the Gusseted Bag Market? FMI Reveals with Statistics

August 6, 2024 3:20 AM

The gusseted bags market has been growing rapidly in recent years, with its valuation reaching an estimated USD 4.4 billion in 2024. The market is expected to progress at a CAGR of 3% through 2034, with its valuation surpassing USD 6.1 billion by 2034.One of the major drivers of this growth is the increasing demand for eco-friendly packaging solutions. Consumers are becoming more environmentally conscious and are looking for sustainable and...

Read more

Five Star Holding Extends International Sustainability and Carbon Certification (ISCC) PLUS Certifications for PE Recycling

August 2, 2024 9:00 AM

Adding certification at both Polytex and StarPak facilities for PE-based certified-circular (recycled) content packagingHOUSTON, TX / ACCESSWIRE / August 2, 2024 / Five Star Holding, a leader in sustainable packaging solutions, announced that Polytex Fibers has extended its Polypropylene certification to include certified-circular Polyethylene materials. StarPak has also received the ISCC Plus certification for PE processing at its Houston,...

Read more

Global Industrial Pail Market witnessed growth at a CAGR of 1.90% and Reached USD 1.8 billion by 2034 | Future Market Insights, Inc.

August 1, 2024 6:00 AM

The industrial pail market is projected to reach a value of around USD 1.8 billion by 2034, registering a CAGR of 1.90%, indicating significant growth potential.The industrial pail market is primarily driven by the pharmaceutical and chemical industries, which demand lightweight, cost-effective packaging solutions. The increasing use of industrial pails for bulk liquid handling is expected to provide new opportunities for producers.The demand...

Read more

Rising Shift toward Sustainable Lifestyles Surges Growth in the Bamboo Straw Market; FMI Analysts Predict Industry Valuation to Surpass USD 7.7 Billion by 2034

July 25, 2024 10:30 AM

The bamboo straw market is anticipated to surpass USD 4.8 billion in 2024 and is likely to attain a valuation of USD 7.7 billion by 2034. The bamboo straw market size is projected to expand at a CAGR of 5.0% from 2024 to 2034.The trend of consumers embracing more sustainable lives is becoming increasingly prevalent. Customers are actively looking for goods that minimize their impact on the environment. To take advantage of this trend, companies...

Read more

Heat Induction Cap Liner Market to Reach USD 862.4 Million with a Steady CAGR of 2.6% by 2034 | Future Market Insights, Inc.

July 22, 2024 2:50 AM

The global heat induction cap liner market value is expected to rise from USD 664.1 million in 2024 to USD 862.4 million by 2034. This estimated growth is expected to be driven by a CAGR of 2.6% in the heat induction cap liner industry over the next decade.Consumption of bottles is rising due to the growing global demand for bottled water. Bottle packaging format has necessitated the demand for heat induction cap liners to guarantee product...

Read more

CCL to Hold Live Webcast Call to Discuss 2024 Second Quarter Results, Friday, August 9, 2024, at 11:00am ET

July 18, 2024 5:00 PM

CCL Industries Inc. (TSX:CCL.A, CCL.B), a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, will be releasing its 2024 Second Quarter Earnings Results on Thursday, August 8, 2024 at 5:30pm and holding a live webcast on Friday, August 9, 2024 at 11:00am ET to answer questions in connection with our press release.The press release and webcast...

Read more

Polypropylene Woven Bag and Sack Market Size is Estimated at US$ 4.0 billion in 2024 and forecasted to reach US$ 6.1 billion with a CAGR of 4.2% between 2024 to 2034

July 16, 2024 6:30 AM

The global polypropylene (PP) woven bag and sack market value is expected to rise from US$ 4.0 billion in 2024 to US$ 6.1 billion by 2034. This estimated growth is expected to be driven by a consistent CAGR of 4.2% in the polypropylene woven bag and sack industry over the next decade.Polypropylene woven bags and sacks manufacturers are responding to the increasing demand for PP woven bags and sacks from multiple industries like chemicals,...

Read more

Confectionery Flexible Packaging Market to Reach USD 13.2 billion by the Year 2034 End | Future Market Insights, Inc.

July 16, 2024 1:00 AM

The confectionery flexible packaging market value is expected to rise from USD 9.8 billion in 2024 to USD 13.2 billion by 2034. This market is analyzed to surge ahead at a CAGR of 3.10% over the next decade.The "on-the-go snacking" concept is being increasingly adopted by consumers, especially those who inhabit urban spaces. This trend has kicked in the sales of smaller pack sizes, which the consumers purchase to portion control and monitor...

Read more

Germany's Wheeled Bin Industry to Reach USD 439.4 Million by 2034, Driven by Surge in Recycling Facilities | Future Market Insights, Inc.

July 11, 2024 3:20 AM

Germany's wheeled bin industry is valued at USD 323.1 million in 2024. This figure is projected to climb to USD 439.4 million by 2034, reflecting a CAGR of 3.1% during the forecast period. The rising number of recycling facilities in Germany is one of the prominent reasons for boosting the production of wheeled bins, especially for plastic and paper recycling.As Germany is prioritising environmental sustainability and waste management, the...

Read more

Will Apps and Websites Help the Food Basket Market Grow? FMI Predicts the Industry to Cross USD 17.5 billion by 2034

July 10, 2024 2:00 AM

The food basket market is valued at USD 11.9 billion in 2024, is expected to reach USD 17.5 billion by 2034. The industry is forecast to sustain a CAGR of 3.9% in the next decade. Consumer convenience has led to the growth of food baskets, with the general populace being the largest consumers. Businesses offer complete meal options, making them convenient for travel. The Western culture has also influenced the market, with premium food and...

Read more