The barrier films market size is projected to grow from USD 3.1 billion in 2020 to USD 4.1 billion by 2025, at a CAGR of 5.3%. The barrier films market is witnessing high growth owing to increasing consumer preference for packed & processed food, use of barrier films in end-use industries and gowing electronics industry. Barrier films are...
China’s demand for Packaging has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption...
The retort pouch packaging market is expected to grow at a CAGR of 5.61% during the forecast period from 2020 to 2025. Moreover, the increasing demand for packed food is influencing the growth of this market. - Additionally, a higher number of consumers have shown a preference for on-the-go packaging solutions, which have led to the...
The green packaging market registered a value of USD 266.7 billion in 2020 and is expected to be 404.96 billion in 2026 to register a CAGR of 7.4% over the forecast period from 2021 to 2026. Concerns about environmental impacts caused by these plastic bottles continue to increase across the food and beverage industry, leading to several companies...
The global Insulated packaging market is estimated to be USD 11.9 billion in 2020 and is projected to reach USD 15.8 billion by 2025, at a CAGR of 6.7% from 2020 to 2025. Insulated packaging finds applications in various end-use industries such as food & beverages, pharmaceuticals, industrial, cosmetics and others due to its unique properties....
The blister packaging market size is projected to grow from USD 24.1 billion in 2020 to USD 34.1 billion by 2025, at a CAGR of 7.2%. The blister packaging market is witnessing high growth owing to downsizing of packaging and requirement of fewer resources in blister packaging. Blister packaging is a transparent, portable packaging material,...
The global corrugated bulk bins market size is projected to grow from USD 11.6 billion in 2020 to USD 15.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.2%. The global corrugated bulk bins industry has witnessed high growth primarily because of the increasing demand for food and pharmaceutical products worldwide, especially...
The COVID-19 pandemic has ended nearly three decades of uninterrupted growth in Poland. Following 2019’s growth of 4%, GDP has declined by 5% in 2020. Unemployment has risen and the labour market has been severely impacted by lockdown measures and a drop in demand. Wages are set to continue to fall over the forecast period. Packaging...
COVID-19 and measures to contain it have not had a huge impact on packaging trends in South Africa, though same changes are notable. For example, previously unpackaged items such as baked bread has been increasingly packed in inexpensive plastic wrap or bags to comply with stricter health and hygiene regulations during the pandemic. Packaging...
The insulated packaging market was valued at USD 13.47 billion in 2019 and is expected to reach a value of USD 18.68 billion by 2025, registering a CAGR of 5.71% over the forecast period (2020 – 2025). Insulation packaging is vital for combating energy losses during transportation and storage. Some of the significant characteristics of insulated...