Over the projected period (2022 to 2032), the bakery products market is anticipated to expand at a CAGR of 4.2% and reach a value of US$ 354.6 Billion. The market is anticipated to be driven by rising consumption of processed foods and a shift in consumer preferences towards easy-to-use food and drink products. The demand for frozen bakery goods is…
The UV-stabilized films market is experiencing robust growth, projected to reach a noteworthy valuation of US$ 56.54 billion by 2033, with an anticipated CAGR of 5.1%. Fueled by escalating demand across diverse industries such as construction, packaging, food, automotive, and agriculture, these films offer unparalleled protection against UV radiation. The surge in popularity of eco-friendly packaging further…
The market for crown closures is anticipated to be worth US$ 1,096.1 million in 2023 and US$ 1,389.47 million in 2033. Throughout the projection period, sales of crown closures are anticipated to grow at a CAGR of 2.4%. The last steps in the packing process are crown closures. The integrity of the final product depends on them…
The global collapsible rigid containers market is poised for substantial growth, with a projected market valuation of US$ 1.70 billion in 2023 and an anticipated Compound Annual Growth Rate (CAGR) of 4.9% between 2023 and 2033, ultimately reaching around US$ 2.74 billion by 2033. This market’s robust revenues are expected to be concentrated in the top three…
The global solar microinverter market is poised to achieve an impressive Compound Annual Growth Rate (CAGR) of 18.1% from 2022 to 2032, projecting a valuation surpassing US$ 5,716.0 million by the end of the decade. This remarkable surge not only mirrors the increasing adoption of solar energy but also underscores the pivotal role that microinverters play in…
The screw compressor market is positioned to achieve a projected value of US$ 20.8 billion by 2032, sustaining a consistent annual growth rate of 3.5%. This growth is primarily driven by the pervasive influence of automation trends, propelling the industry to unprecedented heights. A significant contributing factor to the market’s evolution is the increasing demand for oil-free…
Gift paper, also known as wrapping paper or gift wrap, is a decorative paper used to wrap gifts and presents for various occasions such as birthdays, holidays, weddings, and other celebrations. It adds aesthetic appeal and a personal touch to gifts, enhancing the overall presentation and creating anticipation for the recipient. The global gift paper market is…
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The global switching reluctance motors market is expected to be worth US$ 530.7 million in 2022. During the evaluation period, demand for switching reluctance motors is projected to remain high. This is owing to expanded use in various end-use sectors, which would generate US$ 1039.1 million in 2033, with a CAGR of 6.3% from 2023 to 2033….
Corrugated fiberboard, commonly known as corrugated cardboard, is a versatile and widely used packaging material composed of three layers: an inner fluted layer sandwiched between two outer liner layers. This construction provides strength, durability, and cushioning properties, making corrugated fiberboard suitable for various packaging applications across industries. The corrugated fiberboard market is set for significant expansion between…
Read More “Corrugated Fiberboard Market Rising to US$ 187.9 Billion by 2033” »
The packaging machine heaters market will be valued at US$ 5.2 billion by 2022, globally. Prospects for packaging machine heaters are expected to stay strong during the review period. This is because of increased technological advancements and wider adoption in various applications, resulting in US$ 7.4 billion by 2033 at a CAGR of 3.5% from 2023 to 2033, according to Research…
