The North American flexible packaging market was valued at USD 40.14 billion in 2020 and is expected to reach USD 48.39 billion by 2026 and grow at a CAGR of 3.16% over the forecast period (2021-2026). Technological innovation, sustainability trepidations, and attractive economics are among the reasons for the remarkable growth of flexible...
Market Overview: The global barrier materials market grew at a CAGR of around 6% during 2015-2020. Barrier materials refer to various packaging and enclosure solutions designed to minimize or prevent the permeability of gases, liquids or radiation. They are effective against oxygen, nitrogen,...
The Saudi Arabian plastic packaging market was valued at USD 8.59 billion in 2020, and it is projected to reach USD 11.93 billion by 2026, registering a CAGR of 5.6% during the period of 2021-2026. Most of the manufacturers are introducing additional functionalities of EVOH films for packaging. Functionalities, such as cost-effectiveness and...
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...
KEY FINDINGS The Japan tackifier market is anticipated to record a CAGR of 5.05%, during the forecast period. The increasing demand for electric vehicles, the augmenting packaging sector, and the growing construction industry, are among the key factors projected to drive the country’s market growth. The base year considered...
Major players in the bag-in-box containers market are Smurfit Kappa Group, DS Smith, Liqui Box Corporation, CDF Corporation, Optopack Ltd, Scholle IPN, Amcor Ltd., Arlington Packaging, Parish Manufacturing Inc, and TPS Rental Systems Ltd. The global bag-in-box containers market is expected to grow from $3.37 billion in 2020 to $3.59...
The luxury packaging market was valued at USD 16.65 billion in 2020 and is expected to reach USD 22.37 billion by 2026 and grow at a CAGR of 4.8% over the forecast period (2021-2026). The cannabidiol or CBD packaging trend is spreading immensely in the lifestyle and beauty markets. The market for luxury products made from the non-psychoactive...
The water soluble films market is estimated to grow from USD 364 million in 2020 to USD 476 million by 2025, at a CAGR of 5.5%. The water soluble films market is driven mainly by growing pharmaceutical industry. However, is high cost is expected to restrain the market growth. The major application of flame retardants is in detergent...
The personal care packaging market was valued at USD 24.49 billion in 2020 and is expected to reach a value of USD 31.9 billion by 2026, at a CAGR of 4.78% during the forecast period from 2021 to 2026. Personal care packaging is essential for the beauty and cosmetic industry since it adds to the visual appeal and contributes to increasing...
The global edible films and coating market was valued at USD 2,659.59 million in 2020, and it is projected to witness a CAGR of 7.64% during the forecast period, 2021-2026. The COVID-19 pandemic has resulted in the generation of opportunities for many private players to emerge in the markets, in order to cater to the inflated demand...