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 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 market for global green & bio-based plastic additives is expected to grow at a CAGR of approximately 5% globally during the forecast period. Growing demand for bio-based plastics for packaging applications and other reasons are driving the market growth. The impact of COVID-19 and reasons are expected to hinder the market...
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 Biodegradable Packaging Market was valued at USD 89.57 billion in 2019 and is expected to reach a value of USD 121.38 billion by 2025 at a CAGR of 5.3% over the forecast period (2020-2025). The Biodegradable Packaging solutions are finding increasing application in packaging owing to its low environmental impact, growing focus on recyclability...
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 UAE corrugated board packaging market was valued at USD 1.24 billion in 2019, and it is expected to reach USD 1.577 billion by 2025, registering a CAGR of 4.26%, during the forecast period. Corrugated board is a structure formed by one or more corrugated elements (known as medium or fluting) attached to one or more flat elements, called...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Vacuum Packaging Market Report The market has been growing in line with the food products packaging industry. The increase in consumption of processed and packaged food is one of the major driving factors, which is affecting the demand for...
The plastic caps and closures market was valued at 1683.73 billion units in 2019 and is expected to reach 2095.21 billion units by 2025, at a CAGR of 5.62% over the forecast period 2020 - 2025. Heat induction cap liner could be used on the variety of bottles made up of different plastic materials such as PP, PVC, HDPE etc, which protects the...
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...