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Expansion of Construction Sector to Support the Global Sack Paper Market

Date: 8, September 2021 | Category: Transportation & Logistics

The global sack paper market is expected to record a value of US$38.32 billion in 2025, rising at a CAGR of 4.39%, for the time period of 2021-2025. Factors such as expansion of biodegradable packaging industry, growth in grocery retail sales, upsurge in courier services, accelerating demand for agricultural fertilizer, rapid urbanization and growing public awareness about the hazards of single ..

Growing E-Commerce Sector to Drive Global Contract Logistics Market

Date: 10, August 2021 | Category: Transportation & Logistics

The global contract logistics market is forecasted to reach US$315.67 billion in 2025, growing at a CAGR of 5.45% for the period spanning from 2021 to 2025.

Factors such as growing e-commerce industry, increasing food and beverages demand, improving consumer confidence index, rising urbanization levels and rising focus on green supply chain are expected to drive the market growth. However ..

Rise in Adoption of Industrial IoT Supports Growth in Global Warehouse Automation Market

Date: 1, August 2021 | Category: Transportation & Logistics

The global warehouse automation market is likely to record growth at a CAGR of 13.60% during the period spanning 2021-2025, and reach US$30.99 billion in 2025. Growth in the global warehouse automation market was supported by several factors like surging adoption of industrial IoT, rising urbanization and growing e-commerce sales. The market is predicted to experience growth in the future years ..

Rising Demand for Shipping Containers Support the Global Container Shipping Market

Date: 25, February 2021 | Category: Transportation & Logistics

The global container shipping market is predicted to reach US$10.93 billion in 2025, progressing at a CAGR of 8.49% over the period 2021-2025. The factors such as growing population, accelerating economic growth, rising demand for shipping containers, increasing steel production and rapid urbanization would drive the growth of the market. However, the market growth would be challenged by mounti ..

Escalating Oil Demand Boosted the Crude Tanker Market

Date: 8, September 2020 | Category: Transportation & Logistics

The global crude tanker fleet size is anticipated to reach 423 million dead weight tonnes (DWT) in 2020, as compared to 389 million dead weight tonnes (DWT) in 2018. The growth in the crude tanker market has been driven by fluctuating crude oil prices, rising oil demand and increasing urban population. The market faced challenges like fluctuating crude oil production and the US shale revolution ..

Increasing Government Initiatives to Drive Global Shipbuilding Market

Date: 13, April 2020 | Category: Transportation & Logistics

The global shipbuilding new orders reached 42.74 million GT in 2019. The factors such as increasing sea-borne trade, accelerating economic growth, growing energy consumption and rising demand of eco-friendly ships are expected to drive the market. However, growth of the industry would be challenged by the environmental regulations, risk of cyber breaches and trade wars. A few notable ..

Increasing Beer and Wine Production Boosting European Glass Packaging Market

Date: 11, April 2020 | Category: Transportation & Logistics

European glass packaging market is predicted to reach US$19.0 billion in 2024, witnessing growth at a CAGR of 4.89% during the period spanning 2020-2024. The market growth was driven by various factors like increasing demand for alcoholic and non-alcoholic beverages, rising beer production in Europe, growing wine trade and increasing recycling rate of glass packaging. The market is expected to ..

Rising Demand for Flexible Packaging to Drive the Global BOPET Film Market

Date: 31, March 2020 | Category: Transportation & Logistics

The global BOPET film market is expected to record a value of US$24.84 billion in 2024, growing at a CAGR of 6.83%, during 2020-2024. The factors such as rising demand for plastic packaging, accelerating manufacturing of electronic products, grow ..

Upsurge in Drug Counterfeiting Incidents Supports the Global Track & Trace Market

Date: 21, March 2020 | Category: Transportation & Logistics

The global track & trace market is estimated to reach US$4.58 billion in 2024, growing at a CAGR of 16.46% for the period spanning 2020-2024. The growth of the market has been driven by an increasing population, accelerating economic growth, expanding urbanization, upsurge in drug counterfeiting incidents and swelling demand of medical devices. Some of t ..