Industrial Packaging Market worth $72.6 billion by 2025
The global industrial packaging market size is projected to grow from USD 58.8 billion in 2020 to USD 72.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.3% during the forecast year. According to the European Industrial Packaging Association (EIPA), “Industrial Packaging is, first and foremost, designed and manufactured to offer protection to the products during each phase of production...
New report examines the Pharmaceutical Packaging Equipment Market worth $10.4 billion by 2025
The growth of the global pharmaceutical packaging
equipment industry is driven by the rapidly growing generic and
biopharmaceutical markets, growth in OTC drug sales, rising need for flexible
and integrated packaging equipment, increased offshore manufacturing in the
pharmaceuticals market, and the introduction of regulatory standards on
packaging and stringent norms against counterfeiting.
The...
Sustainable Plastic Packaging Market is projected to grow at USD 117.3 billion by 2025, at a CAGR of 5.6%
The global sustainable plastic packaging market size is projected to grow from USD 89.0 billion in 2020 to USD 117.3 billion by 2025, at a CAGR of 5.6% during the same period. The market is projected to grow in accordance with the growth of various end-users of sustainable plastic packaging across the globe.
The sustainable plastic packaging industry has been growing as a result of stringent laws...
The COVID-19 impact on the Bag-in-Box Market
The report “Bag-in-Box Market by (Semi-liquid, Liquid), Capacity (<1 liter, 3-5 liters, 5-10 liters, 10-20 liters, >20 liters), Component (Bags, Boxes, Fitments), Tap (With tap, Without tap), End-use Sector ,Region – Global Forecast to 2024″ The global bag-in-box market size is projected to grow from USD 1.6 billion in 2019 to USD 1.9 billion by 2024, at a CAGR of 3.8% from...
COVID-19 impact on the Packaging Coating Additives Market
The report “Packaging Coating Additives Market by Function (Slip, Anti-Static, Anti-fog, Anti-block, Antimicrobial), Formulation (Water-based, Solvent-based, Powder-based), Application (Food, Industrial, Healthcare, Consumer), and Region – Global forecast to 2023″, The global packaging coating additives market is projected to grow from USD 688.4 million in 2018 to USD 874.5 million...
Amcor (Australia) and Berry Global Inc. (US) Key Players in the Cosmetic Packaging Market
The global cosmetic packaging market size is projected to grow from USD 49.4 billion in 2020 to USD 60.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.03% during the forecast year. The growth of this market is attributed to the change in the style of packaging, innovative & premium package designs, and boost in the demand for cosmetics due to the rising youth population.
The...
Barcodes are projected to be the largest market segment of the inventory tags
The inventory tags market size is projected to grow from USD 4.08 Billion in 2016, to reach USD 5.07 Billion by 2021, at a CAGR of 4.43%. The segments considered for this report are based on printing technology, label type, technology, end-use sector, and region. The segmentation based on technology consists of barcodes, RFID, and others. Label types include plastic labels, paper labels, metal...
The standard segment is estimated to dominate the pouches market in 2019
The global pouches market is projected to grow from USD 36.4 billion in 2019 to USD 46.1 billion by 2024, recording a CAGR of 4.8% during the forecast period. The rising demand for packaged food & beverages is projected to drive the pouches market.
The aesthetic appeal and cost-effectiveness of pouches are further projected to drive the growth of the market. Furthermore, the growing popularity...
Factors Driving the Water Soluble Packaging Market
According to MarketsandMarkets, the global water soluble packaging market is estimated to be valued at USD 2.8 billion in 2019 and is projected to reach USD 3.7 billion by 2025, recording a CAGR of 5.0%. The rising application of water soluble packaging in multiple industries and the growing environmental and sustainability concerns led to a surge in demand for biodegradable packaging. The rise in...
Avery Dennison Corporation (US) and CCL Industries Inc. (Canada) are leading players in Self-Adhesive Labels Market
The global self-adhesive labels market size is projected to grow from USD 46.5 billion in 2020 to USD 59.2 billion by 2025, at a compound annual growth rate (CAGR) of 4.9% during the forecast year. The growth is attributed to the change in style of labeling, innovative & sustainable labeling solutions, increasing urban population leading to the increase in demand for home & personal care...