The medical packaging film market is expected to grow at a CAGR of 6.07% over the forecast period to reach a total market size of US$8,132.406 million by 2025, increasing from US$5,710.362 million in 2019. As with most other packaged goods, pharmaceuticals need reliable and speedy packaging solutions that deliver a combination of product protection, quality, tamper evidence, patient comfort, and security needs. Increasing availability for biotechnology-based inject-able drugs is fueling Read more...
The global palletisation films market is expected to grow at a compound annual growth rate of 3.78% to reach a market size of US$8.536 billion by 2024 from US$6.832 billion in 2018. Palletisation films are made up of polythene plastics which stretch tightly over the product and are used for packaging of the same. These films are highly elastic & fl Read more...
The Thermoformed Shallow Tray market is estimated to grow at a CAGR of 5.63% to reach a market size of US$1841.174 million in 2024 from US$ 1325.44 million in 2018.Thermoformed shallow trays are containers used for packaging of various consumer goods. The key industry driving the demand for thermoformed shallow tray packaging are the food and beverage, electronics, pharmaceuticals and cosmetics among others. Growing food and beverage industry along with rising consumption of packed food is exp Read more...
The global release liner market is expected to grow at a CAGR of 4.14% to reach a market value of US$14.674 billion by 2024 from US$11.501 billion in 2018. Release liners refer to the protective plastic or film sheets used to as carriers of a sticky substrate to prevent it from prematurely sticking to surfaces. The demand for release liners is expe Read more...
The global high barrier packaging market is expected to witness a CAGR of 4.89% over the forecast period to reach US$6.951 billion by 2024 from US$5.220 billion in 2018. High Barrier Films are packaging materials used to preserve the freshness and quality of a product. These are used to prevent the product from water, moisture, gas or light. The ri Read more...
The PVC Adhesive Tape market is projected to grow at a CAGR of 2.38% during the forecast period. The market size is expected to be US$2.847 billion by 2024 from US$2.472 billion in 2018. Polyvinyl Chloride (PVC) adhesive tapes are designed for electronic and electrical applications. These tapes offer electrical isolation and offer long-lasting adhesiveness to avoid slippage and uncovering of electrical joints. The demand for these tapes will increase during the forecast period owing to the gro Read more...
The high-density polyethylene (HDPE) packaging market is estimated to be valued at US$34.085 billion in 2018 and is projected to grow further in the coming years. HDPE is a thermoplastic made out of petroleum. It is one of the most widely used forms of plastic. Also used to make plastic containers and bottles to improve the shelf life of products. HDPE packaging also provides solutions for the packaging of chemicals for both household and industrial purposes. Read more...
The global low density polyethylene (LDPE) packaging market is projected to grow at a CAGR of 4.95% during the forecast period to grow to US$27.879 billion by 2023 from US$20.866 billion in 2017. LDPE is prepared from gaseous ethylene under very high pressure and high temperature in the presence of oxide initiators which generate a polymer structure with both long and short branches. These branches prevent the molecules from being packed closely together in a hard, crystalline and stiff ar Read more...
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