Competitive Landscape- Plastic Caps and Closures Market Global Forecast to 2025
The global plastic caps and closures market size is projected to grow from USD 44.3 billion in 2020 to USD 57.0 billion by 2025, at a CAGR of 5.2% between 2020 and 2025. The major driving factors of the market include an increase in demand for bottled water, need for convenience, concerns about product safety & security, product differentiation & branding, and decreasing package sizes.
The...
Pharmaceutical Packaging Market – Global Forecast to 2023
The pharmaceutical packaging market size was USD 79.0 billion in 2018 and is projected to register a CAGR of 6.0% between 2019 and 2024.
How is the growing demand for primary pharmaceutical packaging creating an opportunity for market growth?
Primary pharmaceutical packaging comes in direct contact with the medicine or drug. They generally include plastic bottles, glass bottles, pre-filled syringes,...
Global $85+ Billion Food Service Packaging Market Outlook to 2022 – Surge in Need for Convenience Food
The food service packaging market size is estimated to grow from USD 65.36 Billion in 2017 to USD 84.33 Billion by 2022, at a CAGR of 5.23%. The global food service packaging market is projected to witness decent growth in the next few years due to the changes in consumer demand patterns. The growth in demand for ready-to-eat food, quick service restaurants, and the popularity of using convenient...
Returnable Packaging Market – Global Forecast to 2023
Returnable packaging is defined as an environment-friendly and cost-effective alternative to one-way packaging products. According to the Returnable Packaging Association (RPA), packaging comprising reusable pallets, racks, bulk containers, hand-held containers, and dunnage used for the effective and safe movement of products throughout their supply chains is called returnable packaging. It is typically...
Bottles & Jars are projected to play crucial role in the growth of Global PET Packaging Market
The market for PET Packaging is segmented, on the basis of pack type, into bottles & jars, bags & pouches, trays, lids/caps & closure, and others, which includes cups and clamshells.
The bottles & jars segment is estimated to account for the largest share in the market for PET packaging and this trend is projected to follow during the forecast period. The PET bottles & jars...
Carpets & Rugs Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2022
The Global Carpets & Rugs Market projected to reach USD 112.69 billion by 2022, at a CAGR of 4.2%. The carpets & rugs market is growing rapidly in accordance with the growth in the interiors sector of the construction market, globally. The rising interest of comsumers toward interior decoration in residential and non-residential sectors has largely contributed to the growth of the carpets...
Medical Packaging Films Market : Prominent Leaders and Recent Developments
The medical packaging films market is projected to reach USD 7.1 billion by 2023, at a CAGR of 4.87%. Increasing incidences of chronic conditions, growing expenditure on healthcare facilities, surge in demand for bioplastic material, and rising demand for bi-axially oriented films are factors that are projected to drive the growth of the medical packaging films market over the coming years.
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Oxygen Scavengers Market : Increased demand for fresh and quality packaged food is major growth driver
The Oxygen Scavengers Market is projected to reach USD 2.41 billion by 2022, at a CAGR of 5.1% from 2017 to 2022. The increasing demand for high-quality packaged food is one the major drivers for the growth of oxygen scavengers market. Factors, such as increasing disposable income and changing lifestyle of the middle-class population in emerging countries are expected to fuel the demand for packaged...
Growing Demand of Liquid Packaging in Asia-Pacific Region
Rise in population, income level, and higher disposable income are the reasons for growing demand of liquid packaging in Asia-Pacific
The market size for liquid packaging is projected to reach USD 370.75 billion by 2021, registering a CAGR of 5.4% between 2016 and 2021. Growing demand for liquid packaging from the major end-use industries such as food & beverages, non-food, and industrial...
Polypropylene Market: New Product Developments and Agreements are the Key Strategies Adopted by the Major Players
The polypropylene market size is projected to reach USD 99.17 Billion by 2022, at a CAGR of 5.6% between 2017 and 2022.
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Polypropylene is a thermoplastic polymer which is used in a variety of applications, and is produced by the combination of the propylene monomer with catalysts. It is majorly...