Global gable top liquid cartons market is expected to grow at a compound annual growth rate of 3.19% to reach a market size of US$3.761 billion by 2024 from US$3.115 billion in 2018. Gable top liquid cartons are used for flexible packaging of products and further prevents them from contamination and also promotes healthier shelf life coupled with rising beverage industry is anticipated to drive the market for gable top liquid cartons market in the upcoming years. Further, the efficiency and re Read more...
Global aluminum collapsible tubes market is expected to grow at a compound annual growth rate of 5.26% over the period 2019 to 2024 to reach a market size of US$1,831.313 million by 2024 from US$1,346.293 million in 2018. Aluminum collapsible tubes refer to the flexible containers used for the storage of products such as creams, gels, etc. These tubes assist in the prevention from external contaminants such as toxic gases, odour, dust, etc. which may hamper the quality of the substances that h Read more...
The hydration containers market is expected to grow at a compound annual growth rate of 4.33% to reach a market size of US$8,183.173 million by 2024 from US$6,345.509 million in 2018. Hydration containers are used for storage of fluids. Changing lifestyle coupled with growing disposable income is expected to drive the market for hydration containers. Further, rising sports industry is also a key factor boost the growth of the market. Additionally, technological advancements like introduction o Read more...
Global screw closure market is expected to grow at a compound annual growth rate of 4.31% to reach a market worth of US$41.733 billion by 2024 from US$32.398 billion in 2018. Screw closures are essential part of packaging as these help in improving the shelf life of the product and protect from external contamination. The increasing demand for bottled water across the globe is expected to drive the market for screw closures. Further the growing beverage industry is anticipated to create growth Read more...
The metal can (food and beverage) market is expected to foresee a growth at a CAGR of 1.71% to reach US$57.255 billion by 2024, from US$51.719 billion in 2018. The rising adoption of metal cans in the food and beverage industry is driving the growth of the global metal can (food and beverage) market in the forecast period. This is due to the fact that metal cans help in the prevention of food decomposition and thus preserve it for a long time. The changing lifestyle conditions of people owing to Read more...
North America aerosol cans market is projected to witness a CAGR of 2.58% during the forecast period to reach a total market size of US$16.848 billion by 2023, increasing from US$14.459 billion in 2017. Mature end-use industries coupled with the presence of global aerosol can manufacturers in the region contributes to the growth of North America aerosol cans market. High investment in R&D to manufacture environmental sustainable aerosol cans further supports the growth of aerosol cans mark Read more...
South America aerosol cans market is projected to witness the growth at a CAGR of 4.04% during the forecast period to reach a total market size of US$6.015 billion by 2023, increasing from US$4.472 billion in 2017. Growing industries like automotive, healthcare, food and beverage and others in this region are driving the demand for aerosol cans. Increasing number of cosmetics and pharmaceutical industry players in this region is further contributing to the market growth. Furthermore, rising de Read more...
The Europe aerosol cans market was valued at US$24.580 billion in 2017 and is projected to expand at a CAGR of 2.42% over the forecast period to reach US$28.376 billion by 2023. Aerosol is designed to dispense its liquid content as a mist or foam. Europe is the largest producer of aerosol globally due to the favorable business environment encouraging firms to establish manufacturing facilities in the region. The growing focus on personal care in Europe is anticipated to drive the aerosol can m Read more...
The Middle East and Africa aerosol cans market was valued at US$3.387 billion in 2017 and is projected to expand at a CAGR of 3.19% over the forecast period to reach US$4.090 billion by 2023. The rising demand for lightweight product coupled with modernizing retail trend drive the demand for aerosol can in Middle East and Africa (MEA). In addition, the trade agreement between Europe and MEA will further contribute to the market growth. Moreover, the increasing number of aerosol can regional pl Read more...
The Asia Pacific aerosol Cans market was valued at US$20.242 billion in 2017 and is projected to expand at a CAGR of 5.04% over the forecast period to reach US$27.188 billion by 2023. The Aerosol can market in the Asia Pacific region is driven by the emerging economies like India & China, wherein the number of the consumer with their purchasing power is increasing. Moreover, the government initiatives including FDI and free trade are further attracting the new players in this region. Read more...
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