packaging

The market for aluminium bottles is predicted to grow at an 8.7% CAGR between 2021 and 2031, according to the most recent research from FMI. It is projected that the demand for these bottles would gradually increase over the short term, with a positive growth prognosis for the long term. Numerous bottle producers have already switched to using aluminium as a raw material in place of plastic as a result of the increased awareness of plastic pollution.

The global hand wrappers market is expected to register a market value of US$ 12.1 billion in 2023 and is projected to accumulate a valuation of US$ 19.5 billion by exhibiting a CAGR of 4.8 % in the forecast period 2023 to 2033. The hand wrappers market registered a CAGR of 4% in the historical period 2018 to 2022.

In 2023, the worldwide yogurt packaging market is projected to reach a market value of US$ 24.58 billion, and by 2033, it is projected to reach a market value of US$ 39.22 billion, with a CAGR of 4.7%. In the historical period from 2018 to 2022, the yoghurt packaging market experienced a CAGR of 3.5%.

Cryopreservation is a technique where biological constructs such as organelles, cells and tissues are preserved by cooling at low temperature. Advancements in biotechnology and medical science is likely to impact the demand for cryo box. Cryo boxes are designed to store and preserve the samples of biological material such as human and animal cells which need to be stored at extremely low temperature.

Biodegradable packing peanuts are types of loose fill packaging peanuts which are used as a protective packaging solution. Keeping in mind the harmful effects of loose fill packaging peanuts, manufacturers are now comes up with biodegradable packing peanuts. It is an environment friendly alternate solution to loose fill packaging peanuts.

Growth in packaging for the food & beverage industry owing to urbanization and busy lifestyles has led to the demand for single-use plastic packaging. Transparency, strength, flexibility, easy availability and low cost have led to the adoption of single-use plastic packaging across various industries.

Recent years have seen a dynamic shift in the manufacturing of the product and its packaging. Lidding Films manufacturers are mainly focusing on upgrading new technology and implementing it in packaging materials. Lidding Films are usually used for covering trays, tubs, bowls, cups, etc. due to the strength it possesses such as high tensile, heat resistance and stability. Lidding Films are also eco-friendly and are available in the biodegradable form which is helpful for protecting environmental

Newly released data from beverage cups market analysis shows that global demand of the overall beverage cups market is forecasted to expand at a value compound annual growth rate (CAGR) of 6% from 2021-2031 and reach millions of units by 2031.

As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Squeeze Pouch market is expected to grow at a healthy CAGR during the forecast period (2023-2033). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Squeeze Pouch in the coming 10 years.

As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Flexible Packaging Paper market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Flexible Packaging Paper in the coming 10-years.