The can sleeves market is expected to witness a healthy compound annual growth rate (CAGR) of 6.3% through 2032, driven by the increasing demand for chilled soft drinks, energy drinks, and silicone beer can covers among the millennial population. Can sleeves find application in various sectors, including hotels, restaurants, cafes, offices, and more. Neoprene can sleeves, in...

Industry analysts forecast a continuous expansion of the foodservice paper bags market in the upcoming years. The market is projected to achieve a compound annual growth rate (CAGR) of 5.1% from 2022 to 2032, reaching a substantial value of US$1,575.9 million by the end of 2032, compared to an estimated US$958.4 million in 2022. By the end of 2022, it is anticipated that the top...

The global prescription bottles market is poised for steady growth, driven by several factors. One key driver is the continuous research and development activities focused on sustainable packaging solutions. As sustainability becomes increasingly important, pharmaceutical companies are exploring eco-friendly materials and packaging designs for prescription bottles. Another factor...

The global box sealing machines market has been witnessing significant growth, driven by the increasing demand for efficient packaging solutions in various industries. Carton sealers, also known as box sealing machines, play a crucial role in closing and sealing cardboard boxes quickly and effectively. With the introduction of advanced sealing technology, the demand for these machines...

The global box sealing machines market has been witnessing significant growth, driven by the increasing demand for efficient packaging solutions in various industries. Carton sealers, also known as box sealing machines, play a crucial role in closing and sealing cardboard boxes quickly and effectively. With the introduction of advanced sealing technology, the demand for these machines...

The disposable food containers market is expected to undergo rapid growth, with a projected Compound Annual Growth Rate (CAGR) of 4.9%. This growth is primarily fueled by the rising consumer demand for convenience and the expansion of the food service industry. The Asia Pacific region is anticipated to hold over 35% of the market share by the end of the forecast period. Several key...

The global retail paper bags market is experiencing significant growth, with a projected compound annual growth rate (CAGR) ranging between 7% and 9% during the assessment period from 2021 to 2031. This growth is primarily fueled by the rising adoption of sustainable packaging solutions across various industries. Paper bags, known for their lightweight, non-toxic, biodegradable, and...

The disposable egg trays market is experiencing significant growth, with global revenues expected to increase by nearly 6% year over year in 2021. According to a forecast by FMI (Future Market Insights), the market is projected to almost double in size between 2021 and 2031. Disposable egg trays are typically made from paper pulp and are used for storing eggs from poultry farms....

The packaging bins market is on a steady growth trajectory, projected to achieve an average Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period. By 2023, it is expected to reach a revenue of US$ 2.04 billion, with further growth anticipated to cross US$ 3.17 billion by 2033. The market demonstrated an upward trend from 2020 to 2021, with revenues increasing by 3.5%...

The sustainable packaging market is projected to reach a valuation of US$ 266.4 billion in 2023, with a steady compound annual growth rate (CAGR) of 7.2% expected throughout the forecast period, leading to a market worth US$ 533.9 billion by 2033. A significant driver of the sustainable packaging industry is the increasing consumer preference for environmentally friendly packaging...