Rigid Packaging Container Market Set to Reach USD 275.2 Billion by 2034, Driven by Industrial Demand and Sustainable Packaging Trends

The latest market intelligence report from Future Market Insights (FMI) reveals that the global rigid packaging container market is poised for significant growth over the next decade. Valued at USD 204.8 billion in FY 2024, the market is projected to expand at a CAGR of 3%, reaching a valuation of USD 275.2 billion by 2034.

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FMI predicts Rising trade and pauperization trends to propel the global rigid packaging market to USD 275.2 billion by 2034 with a 3% CAGR.

Lip Balm Tube Market to Grow at a Robust CAGR of 5.9%, Reaching USD 4.7 Billion by 2034

The global lip balm tube market is set to reach USD 2,765.4 million in 2024, with projections to expand to USD 4,657 million by 2034. This represents a robust compound annual growth rate (CAGR) of 5.9% over the forecast period. As consumer awareness of lip care increases and the need for convenient, portable lip protection grows, the demand for lip balm tubes is anticipated to rise significantly.

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Global Sack Fillers Market to Reach USD 6.63 Billion by 2033, Driven by Automation and Growing Packaged Food Consumption

The global sack fillers market is set for significant growth, with a projected valuation of USD 6.63 billion by 2033, up from USD 4.27 billion in 2023. According to a recent market research report, the market is expected to expand at a compound annual growth rate (CAGR) of 4.5% from 2023 to 2033.

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Global Absorbent Cover Market Poised for Growth, Expected to Reach USD 3.2 Billion by 2034 | FMI

The global absorbent cover market is projected to grow significantly, reaching an estimated value of USD 2.3 billion in 2024 and anticipated to register a compound annual growth rate (CAGR) of 3.4% through 2034, ultimately reaching USD 3.2 billion. This growth is fueled by increasing patient care activities in the healthcare industry, particularly in elder and infant care segments, alongside rising demand for eco-friendly packaging solutions.

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Absorbent Cover Market size is estimated to reach from USD 2.3 billion in 2024 to USD 3.2 billion by 2034 and is projected to reach a CAGR of 3.4% in 2034