According to Stratistics MRC, the Global Flow Wrap Machines Market is accounted for $2804.89 million in 2020 and is expected to reach $4304.62 million by 2028 growing at a CAGR of 5.5% during the forecast period. Growing concern among manufacturers with regards to product safety and increasing product attractiveness are the major factors propelling the …
According to Stratistics MRC, the Global Biodegradable Paper and Plastic Packaging Market is accounted for $8.05 billion in 2020 and is expected to reach $26.75 billion by 2028 growing at a CAGR of 16.2% during the forecast period. Increasing vector borne diseases being caused by single use plastics, growing consumer awareness towards eco-friendly products and …
According to Stratistics MRC, the Snack Food Packaging Market is accounted for $17.32 billion in 2020 and is expected to reach $28.24 billion by 2028 growing at a CAGR of 6.3% during the forecast period. Rise in consumption of ready-to-eat food, rising consumer awareness regarding the healthy lifestyles and growing number of nuclear families coupled …
According to Stratistics MRC, the Global Timber Wrap Films Market is accounted for $687.71 million in 2020 and is expected to reach $1,047.45 million by 2028 growing at a CAGR of 5.4% during the forecast period. Growing demand for storage, loading, and transportation of timber are driving the market growth. However, timber isn’t preferred for …
According to Stratistics MRC, the Global Airless Packaging Market is accounted for $5.30 billion in 2020 and is expected to reach $9.81 billion by 2028 growing at a CAGR of 8.0% during the forecast period. Factors such as growing demand for cosmetic products and rising disposable income are driving the growth of the market. However, …
According to Stratistics MRC, the Global Sealing and Strapping Packaging Tapes Market is accounted for $19.12 billion in 2020 and is expected to reach $32.60 billion by 2028 growing at a CAGR of 6.9% during the forecast period. Factors such as growing packaging industry and increasing demand for secondary packages are driving the growth of …
According to Stratistics MRC, the Global Tissue Paper Converting Machines Market is accounted for $1.10 billion in 2020 and is expected to reach $1.89 billion by 2028 growing at a CAGR of 7.0% during the forecast period. Factors such as increasing urbanization, rise in disposable income, and growing demand for tissue papers are driving the …
According to Stratistics MRC, the Global Octabin Market is accounted for $341.24 million in 2020 and is expected to reach $608.59 million by 2028 growing at a CAGR of 7.5% during the forecast period. Factors such as the growing packaging industry across the globe, rising demand for high storage capacity packaging, and increasing demand from …
According to Stratistics MRC, the Global Packaging Techniques Market is accounted for $1,58,686.88 million in 2020 and is expected to reach $1,86,657.35 million by 2028 growing at a CAGR of 2.0% during the forecast period. Rising demand for fresh and high-quality food products, growing demand for hygienic food packaging, and rising shift toward convenient food …
According to Stratistics MRC, the Global IGBT & Thyristor Market is accounted for $5.30 billion in 2020 and is expected to reach $8.84 billion by 2028 growing at a CAGR of 6.6% during the forecast period. Demand for the replacement of aging power infrastructure, increasing adoption of electric motors and increasing adoption of renewable energy …