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The Caps & Closures Market is expected to grow at a rate of 5.37% CAGR, reaching a market size of US$99.899 billion in 2030 from US$76.925 billion in 2025. Caps and closures are used to seal a container, generally containing different types of liquid. They offer multiple advantages to the packaging industry. These are easy to install and open, preventing leaks and environmental exposu
The global pharmaceutical packaging market is expected to grow at a CAGR of 6.87%, reaching a market size of US$155.857 billion in 2030 from US$111.766 billion in 2025. The growth of the pharmaceutical packaging market is driven by the increasing demand for drug delivery devices, technological advancements, and a reduction in the packaging cost with the advancement in technology. A rise in the demand for reusable
The packaging machinery market is expected to grow at a CAGR of 5.19%, reaching a market size of US$65.115 billion in 2030 from US$50.572 billion in 2025. Growing automation, demands for efficiency, and strict adherence to quality standards are reasons the packaging machinery market is increasing. Demand for environment-friendly packing materials has risen partly because consumer tastes are changing towards such products. On the oth
The Telemedicine Market is expected to grow from USD 132.669 billion in 2025 to USD 259.911 billion in 2030, at a CAGR of 14.40%. Some of the factors driving growth in the market are increasing government expenditure in healthcare, favorable industry regulations, focus on privacy, and the new trend of personal healthcare. Telemedicine is a small segment of e-health and has been witnessing high growth over the past few years. It is estimated that in the coming years wi
The medical sensors market is expected to grow at a CAGR of 5.70%, reaching a market size of US$3.140 billion in 2030 from US$2.384 billion in 2025. Medical sensor’ demand is driven by major factors such as rising healthcare costs and the latest trend of home healthcare. The use of these sensors has surged across various geographies due to technological advancements. Healthcare professionals are also recommending them more fre
The intelligent packaging market is expected to grow at a CAGR of 7.29%, reaching a market size of US$14.965 billion in 2030 from US$10.529 billion in 2025. The need for machine-readable data to be incorporated into packaging has given rise to the introduction of intelligent or smart packing systems. Intelligent packaging is a part of the communication system capable of providing knowledge and information about a product. Some major
The active packaging market was estimated at US$19.614 billion in 2025, growing at a CAGR of 5.74% to reach US$25.926 billion in 2030. Active packaging entails the addition of specific agents into packaging systems to maintain the quality and shelf-life of a product. Meanwhile, smart packaging can monitor the condition of enclosed foodstuff while it is in transit or storage, thereby delivering information about it
The automated material handling market is expected to grow at a CAGR of 6.42%, reaching a market size of US$30.821 billion in 2030 from US$22.576 billion in 2025. The Automated material handling market involves the utilization of automated solutions, equipment, and computer programs to transfer, store, and manage heavy materials or goods in a different facility like
The active, controlled and intelligent packaging market is expected to grow from USD 19.351 billion in 2025 to USD 26.669 billion in 2030, at a CAGR of 6.63% during the forecast period.
The flexible packaging market is expected to grow at a CAGR of 4.21%, reaching a market size of US$298.708 billion in 2030 from US$243.014 billion in 2025. Any box or element of packaging whose structure can be changed easily is considered flexible packaging. It is used to safeguard the market products and distribute a wide range of items in consumer and industrial sectors. Lightweight bags or pouches are sealed using heat or pressu
The aseptic packaging market is expected to grow at a CAGR of 8.08%, reaching a market size of US$122.947 billion in 2030 from US$83.412 billion in 2025. Aseptic packaging involves filling sterile products into sterile containers in an environment like aseptic chambers. This method of packaging has resulted in an increased demand for aseptic packaging products in the food, beverage, and healthcare sectors. The growing food and bever
The global gas turbine market is expected to grow from USD 24.189 billion in 2025 to USD 30.024 billion in 2030, at a CAGR of 4.42%. Gas turbines are used to convert natural gas or energy to mechanical energy which can be used to power aircraft, electrical generators, pumps, gas compressors, tanks, ships, and heaters. The growing global electricity demand is a major