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...
During the pandemic, Thailand has seen a huge surge in sales through e-commerce channels throughout most areas, as well as a boost in off-trade food and beverage consumption as businesses and horeca establishments closed and consumers continue to remain cautious about social gathering. Packaging in Thailand report offers insight into...
The global LED packaging market size is estimated to be USD 17.6 billion in 2021 and is projected to reach 22.1 billion by 2026, at a CAGR of 4.6% during the forecast period. The market has a promising growth potential due to several factors, including the risen demand for IoT-enabled lighting fixtures and smart lighting solutions, surged...
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 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 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 electronic shelf label market is estimated to be worth USD 826 million in 2021 and projected to reach USD 2,092 million by 2026, at a CAGR of 20.4%. The digitalization of stores and prevalence of retail automation trend, cost-effective and less time-consuming alternative to paper labels, high demand for price optimization among retail...
The system in package (SiP) technology market was valued at US$ 13,756.20 billion in 2019 and is projected to reach US$ 22,013.45 billion by 2027. The system in package (SiP) technology market is expected to grow at a CAGR of 8.4% during the forecast period of 2020 to 2027. The global system in package (SiP) technology market has been...
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...