Skip to main content

Packaging Foams Market Trends Forecast & Analysis by 2024


The global PackagingFoams market is estimated to register a CAGR of 6.1% between 2018 and 2024. The growing demand of packaging foams from developing country and growing huge investment in packaging industry from top manufacturer is supporting the packaging foams market growth. The regions covered in this report are North America, Europe, Asia-Pacific and Rest of the World. In terms of Value and Volume, Asia-Pacific is expected to show highest CAGR between 2018 and 2024. This growth is mainly due to high economic growth and followed by growing consumer goods business in the Asia-Pacific region.
Packaging foam provide cushioning effect to protect fragile items during shipment. Increasing digitalization drive the on-lineshopping trend which simultaneousness increases the demand of packaging foam. In transport, there are chances of getting things damaged due to dropped, kicked etc. Packaging foam overcome these incidences. These foams are placed inside a shipping box. Polystyrene (PS), Poly Vinyl Chloride (PVC), Polyutherene (PU) and others are material types used in foam packaging.

Read More

Labels:

Comments

Post a Comment

Popular posts from this blog

Regenerative Medicine Market is Expected to Reach USD 74831.35 Million by 2024 | CAGR 22.27%

Regenerative Medicine Market is valued around USD 16148.16 Million in 2017 and expected to reach USD 74831.35 Million by 2024 with the CAGR of 22.27%. Increased in bone and joint surgeries and increased prevalence of neurodegenerative, orthopedic, oncology, and genetic diseases are the key drivers for Global Regenerative Medicine Market. Regenerative medicines are those medicines which are used to repair, regenerate, and replace the tissues or organs damaged due to disease, injury or natural aging. These medicines help in the restoration of natural functioning of the organs and tissues. Regenerative medicines are used in the treatment of various disorders such as orthopedic, neurodegenerative, oncology and others. Regenerative medicines can also be used for the treatment of various chronic and genetics disorders, it also helps in the treatment of organ transplant which has reduced the rejection cases to a major extent. So, during the study of Global regenerative medicine market, we ...
Post a Comment
Read more

Automated Test Equipment (ATE) Market is expected to reach USD 4192.4 Million By 2025 with a CAGR of 3.02%

Automated Test Equipment (ATE) Market is valued at USD 3403.2 Million in 2018 and expected to reach USD 4192.4 Million By 2025 with a CAGR of 3.02% over the forecast period. Growing demand for automobiles and consumer electronics with high quality of products is the major factor driving the growth of Global Automated Test Equipment (ATE) Market. Automated test equipment is a machinery designed to perform multiple tests on different devices for proper functionality and to achieve higher performance. It also perform stress testing without having human interaction and this test equipment contains different types of components such as control hardware, sensors and software which helps to collect and analyze the final test results. An ATE uses automated information technology and control systems to perform tests and calculate a design under test (DUT). Automated test equipment considered as a most significant technique for high volume testing. Automated Test Equipment (ATE) Market rep...
Post a Comment
Read more

Pressure Ulcer Treatment Market is expected to reach USD 64206.40 Million by 2025 CAGR of 4.81%

Pressure ulcer treatment market is valued around USD 47149.62 Million in 2018 and expected to reach USD 64206.40 Million by 2025 with the CAGR of 4.81% over the forecast period.  Increase in geriatric and obese population and increased awareness among people are the key drivers for Global Pressure Ulcer Treatment Market. Pressure ulcers are most prevalent among persons with limited mobility. Prolonged, unrelieved pressure over a bony prominence interrupts blood flow to the tissues, leading to tissue necrosis and eventual development of an ulcer. Pressure ulcers can develop on any part of the body such as hip, knees, elbow and others. Its treatment options include different mattress, pain killers, antibacterial drugs and other reliant treatments available in the market. During the study of global pressure ulcer treatment market, we have considered wound type and application to analyze the market. Global pressure ulcer treatment market report is segmented on the basis of wound ...
Post a Comment
Read more