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LATEST NEWS

Global Packaging Machinery Market to reach USD 59.30 Billion by 2021


Global packaging machinery demand is anticipated to rise nearly 8.2% per annum through 2021 to touch USD 59.30 Billion, expanding at a compound annual growth rate (CAGR) of more than 5.6% by 2021.

Growing Use of Intermodal Freights Transport Directly Supports Global Container Fleet Market, Growth Rate Expected at a CAGR of 3.19% through 2021

Shipping containers are large containers that can withstand handling and transportation of goods varying from dry goods to hazardous liquids. Almost 80% of the global merchandize trade is seaborne. Of this, the container fleet market holds the largest market share, accounting for more than 50% of the market and more than one third of the global trade. One of the major reasons for such a high market share is the high efficiency provided by container fleets as compared with other modes of transport such as rail cars, aircraft, and trucks.

Growing Use of Intermodal Freights Transport Directly Supports Global Container Fleet Market, Growth Rate Expected at a CAGR of 3.19% through 2021

Shipping containers are large containers that can withstand handling and transportation of goods varying from dry goods to hazardous liquids. Almost 80% of the global merchandize trade is seaborne. Of this, the container fleet market holds the largest market share, accounting for more than 50% of the market and more than one third of the global trade. One of the major reasons for such a high market share is the high efficiency provided by container fleets as compared with other modes of transport such as rail cars, aircraft, and trucks.

REFLEX project helps drive development of recycling options for flexible packaging

The results of significant research to enable further developments towards establishing recycling options for flexible plastic packaging delivered by the two-year REFLEX R&D project were unveiled at the K Show in October 2016.

Fruit Packaging Liners Market - Global Industry Analysis, Growth, Trends, Forecast 2024

Growth of global fruit packaging liners market is driven by demand for efficient packaging; global fruit packaging liners market is segmented on the basis of fruit liner types, materials, fruits and region

Multi-sensory Packaging Market - Global Industry Analysis, Growth, Trends, Forecast 2024

Growth of global multi-sensory packaging market is driven by the demand for innovative packaging technologies from various end-user industries to make their products more appealing to consumers