FMI Research Report

Trays are a common primary packaging material since they are inexpensive, lightweight, and long-lasting and can be used by food chains, restaurants, pharma, etc. These are primary drivers in the  trays market . One of the primary growth factors for the trays market is its increasing awareness about the use of hygienic packaging solutions for various food packaging applications. Preference for ready-to-eat food has emerged as a key factor for two fold sales of the trays. Additionally, hygiene is the prime concern among consumers and therefore the demand for trays with MAP and intelligent technology based packaging are gaining significant traction. The ready meals trays ensure long-lasting and cost-effective packaging material when compared to other options. Trays having partition helps to store variety of products within one packaging format and eliminates requirement of multiple packaging. This increases cost-effectiveness of packaging for the end users. Based on these factors the ...

The global  waterproof packaging market  is anticipated to grow from  US$ 671.1 Bn  in 2022 to  US$ 950.9 Bn  by 2032, exhibiting a growth rate of  3.5% CAGR  between 2022 and 2032. Growing demand for protective packaging solutions across industries like food & beverages, electronics, and pharmaceutical is driving growth in the waterproof packaging market. Over the years, growing need for protecting and maintaining the quality of the commodity for a longer period has prompted industries to use waterproof packaging. This type of packaging enables them to prevent the moisture from penetrating inside the packages. The waterproof packaging helps in protecting the product at any temperature which results in a quality product. It is being increasingly utilized by industries like food and beverages, electronics, and cosmetics to protect sensitive products. Thus, rapid expansion of these industries will eventually boost the growth of waterproof packag...

  The spigot end cap market is projected to grow at a CAGR of 6.5% over the forecast period, from a value of US$35.27 billion in 2022 to US$66.21 billion by 2032. Spigot end cap sales are anticipated to increase as a result of quick urbanisation, rising middle-class discretionary income, and growing private and public investment. Additionally, the durable and corrosion-resistant end use of spigot end caps for building and construction is driving up demand for them. Over the forecast period, this aspect is anticipated to enhance the spigot end cap market. The fact that spigot end caps require less maintenance after being employed in a protective application is another factor boosting sales. The market share for spigot end caps is also growing as a result of the rising demand for spigot end cap piping solutions in irrigation. The growing need for safe packaging solutions for spigot end caps in the building and construction sector is also anticipated to offer potential opportuni...

As per FMI, the global  reusable packing market  is set to be valued at  US$ 177.0 Bn  by 2032 and exhibit growth at a healthy CAGR of  5.5%  from 2022–2032. The market stood at  US$ 98.5 Bn  in 2021. Reusable packing has gained immense popularity due to its multiple applications, cost-efficient nature, as well as ability to reduce environmental waste. During their entire life span, reusable packing materials can be used multiple times. Reusable packing has numerous economic and sustainability benefits. There are several product categories in the field of reusable packing such as pallets, crates, boxes, dunnage, and drums. This type of packaging has applications in both customer and industrial usage. Manufacturers are striving to build strong and durable products, which can be used multiple times. Rapid expansion of the e-commerce business and rising internet penetration rate in emerging economies are projected to drive the global market. Moreover...

  Trolley bags are especially designed for the people, those who are fighting with limited strength, dexterity, stamina, or eyesight. Thereby, trolley bags are designed for easy carrying the luggage during travelling as well as these are more comfortable compared to regular travelling bags. Future Market Insights offers a report on global trolley bags market, including key aspects of the market as well as segments and others. The report highlights the factors that are influencing the growth of the market as well as trends operating in the market. Further, various parameters are considered while analyzing the market and estimating the dynamics of the market over the forecast period. The report also consists of strategies of the leading market players to remain at forefront position in the market. The report includes complete study of the global trolley bags market complied by expert’s team from packaging industry along with research consultants and trade analysts. The...