Global underfill material market is expected to grow at a compound annual growth rate of XX% over the period 2019 to 2024 to reach a market size of US$XX billion by 2024 from US$XX billion in 2018. Simultaneously, the estimated volume of Underfill material is expected to increase from XX metric tonnes in 2018 to XX metric tonnes in 2024. Underfill material refers to the material used for the encapsulation process to protect and package chip scales, ball grid arrays, flip chip packages, etc. Unde Read more...
Global stock clamshell packaging market is expected to grow at a compound annual growth rate of XX% over the period 2019 to 2024 to reach a market size of US$XX billion by 2024 from US$XX billion in 2018. Simultaneously, the estimated volume of stock clamshell packaging is expected to increase from XX metric tonnes in 2018 to XX metric tonnes in 2024. Stock clamshell packaging is used to protect electronic products and other consumer items and also prevents the product from damaging while tra Read more...
Global spoon-in lid packaging market is expected to grow at a compound annual growth rate of 7.22% over the period 2019 to 2024 to reach a market size of US$460.779 million by 2024 from US$303.256 million in 2018. The growing innovation in packaging of products by manufacturers is a key factor responsible for the advent of spoon in lid packaging. The consumption of packed food and beverage is on a rise resulting in increased demand for packed products which is further expected to fuel the dem Read more...
The Silo Bags market is estimated to grow at a CAGR of 5.04% to reach a market size of US$770.338 million in 2024 from US$ 573.843 million in 2018.Silo bags are flexible and extended plastic bags used for packaging and protection of products in bulk like grains, fertilizers and forage. Silo bags protect the products from external damage as well as UV rays further enhancing the shelf life of the product. Additionally, it helps to retain the grain moisture content during the storage period. The Read more...
Inflatable Packaging is a type of flexible packaging used for void filling and protective packaging of goods which are prone to breakage while transportation and storage. The rising sales of products through online medium is a key factor augmenting the market growth for the inflatable packaging market. The growing e-commerce industry coupled with increasing preference for protective packaging is expected to boost the market growth of inflatable packaging in the upcoming years. Further, the growi Read more...
Electrostatic discharge packaging is a type of flexible packaging used for transportation and storage of electronics products. Electrostatic discharge packaging is used for products like integrated circuits which can break down if exposed to high voltage. The demand for ESD packaging is expected to grow owing to the rising utilisation of electronic products across the globe. The growing demand for electronic products such as smartphones, smart watches etc is anticipated to propel the market grow Read more...
Edible packaging refers to an alternative to conventional packaging wherein the packaging itself is safe for human consumption. The concept of edible packaging was created to eliminate waste that accumulates after consuming packaged food products. Besides from the perspective of eliminating waste, edible packaging can be utilised for multiple applications such as product quality, stability, safety, convenience for consumers, etc. the demand for edible packaging is expected to increase on account Read more...
Global cubitainers market is expected to grow at a compound annual growth rate of XX% over the period 2019 to 2024 to reach a market size of US$XX billion by 2024 from US$XX billion in 2018. Simultaneously, the estimated volume of cubitainers is expected to increase from XX metric tonnes in 2018 to XX metric tonnes in 2024. Cubitainers are plastic made bladders or semi rigid cubes which are used for packaging, storing and transporting of liquid products. It protects the liquid product from gases Read more...
Global cartooning machines market is expected to grow at a compound annual growth rate of 4.03% over the period 2019 to 2024 to reach a market size of US$4912.438 million by 2024 from US$3875.946 million in 2018. Cartooning Machines refers to a type of packaging machines used for the purpose of forming cartons. These machines are suitable for packing products into boxes with automatic loading. Products can be loaded into the machine infeed manually by the operator or automatically by a mechan Read more...
Global bagging machines market is expected to grow at a compound annual growth rate of 3.53% over the period 2019 to 2024 to reach a market size of US$3.792 billion by 2024 from US$3.079 billion in 2018. Bagging Machines are equipment used for packaging of products in a bag. The growing food & beverage industry coupled with rising preference for packaged foods is expected to be a key factor driving the bagging machines market. Further the growing pharmaceutical industry is also anticipate Read more...
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