The anti-counterfeiting packaging market is projected to grow at a CAGR of 11.98% to reach US$169.847 billion by 2025. The rising incidents of counterfeiting of products are causing a concern among the end-user industries and brands to make use of efficient and effective anti-counterfeiting technologies to minimize losses and enhance their market position According to the data provided by the organizations such as theOrganization for Economic Cooperation and Development (OECD) and EU&rsquo Read more...
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 the Read more...
Global cartoning machines market is expected to grow at a compound annual growth rate of 4.03% to reach a market size of US$4,912.438 million by 2024 from US$3,875.946 million in 2018. Cartoning Machines refers to a type of packaging machines used for the purpose of forming cartons. These machines are suitable for packing products into boxes with automatic loading. Products can be loaded into the machine infeed manually by the operator or automatically by a mechanical unit. The demand for these Read more...
The global adhesive dispensing system market is projected to grow at a CAGR of 2.90% to reach US$ 1,717.582 million by 2026, from US$ 1,405.633 million in 2019. The boost in the market growth is attributable to the fact that there is increasing adoption of adhesive dispensing solutions among various end-user industries with the major demand coming from industries such as packaging, aerospace and defense, and pharmaceutical among others. In addition, the increasing participation by market players Read more...
Semiconductor packaging material market is projected to grow at a CAGR of 1.16% during the forecast period, reaching the total market size of US$27.675 billion from US$25.826 billion in 2018.Semiconductor packaging material is used for the protection of ICs and semiconductors from corrosion and other factors. Growth in the market of communication, smartphones, and tablets is boosting the growth of the semiconductor market growth. Moreover, growth in the electronics sector and surging demand s Read more...
Thin and ultra-thin films market is projected to grow at a CAGR of 2.87% during the forecast period, reaching a total market size of US$12.637 billion in 2024 from US$10.666 billion in 2018.Thin films are materials which have a thickness ranging from nanometer to micrometer. Thin and ultra-thin films are made using ultra-thin chemical and physical deposition techniques using gas-phase precursors and plasma processes. The demand for thin and ultra-thin films is growing due to the high demand for Read more...
The food blister packaging market is projected to grow at a CAGR of 4.61%, rising from US$2264.795 million in 2018 to reach US$2969.080million in 2024. Food packaging over the years has undergone various revolutionary changes in terms of shape, end user and even material used. Increasing disposable income and rising household spending in developing economies like China, India, and Brazil is expected to drive the growth of the market during the forecast period. According to the Organisation for E Read more...
The consumer goods blister packaging market is projected to grow at a CAGR of 5.37% during the forecast period. Blister form of packaging is widely used for consumer goods as it not only provides the products with a range of options for creating visually appealing and texturally pleasing experience but also allow consumers to view the product before making a decision of purchase. Rapid urbanization couple with growing disposable income expands the purchasing power of the consumers which furth Read more...
The pharmaceutical blister packaging market is projected to grow at a CAGR of 5.33%, rising from US$5079.192million in 2018 to reach US$6934.617 million in 2024. As with most other packaged goods, pharmaceuticals need reliable and speedy packaging solutions that deliver a combination of product protection, quality, temper evidence, patient comfort and security needs. Growing healthcare and pharmaceutical industry is the major driving factor that is boosting the blister packaging market growth Read more...
The global thermoformed blister packaging market is projected to grow at a CAGR of 5.13% during the forecast period. Thermoformed blister packs are commonly used for packaging food, consumer goods, and pharmaceutical products. It holds a major share in the market on account of its ease of production and cost-efficiency. Widespread adoption of thermoformed blister packaging technology in food and personal care industry in both developed and developing region has resulted in the increased deman Read more...
