In 2023, it is anticipated that the market for screw capping machines will be worth USD 2.1 billion. By 2033, the screw capping machines market is estimated to exceed USD 3.0 billion. A CAGR of 3.7% is expected for growth during the predicted period.

Over the next ten years, the market for tarpaulin sheets in Asia Pacific & Europe is anticipated to expand at a CAGR of 4.4% and 2.7%, respectively. Asia Pacific will likely surge from USD 3,079.5 million in 2023 to USD 4,354.5 million in 2031.

Europe is projected to elevate from USD 2,078.7 million in 2023 to USD 2,571.3 million in 2031. At the end of 2022, Asia Pacific had a market worth of USD 2,953.5 million, and in 2023, it is anticipated to rise by 4.3% year over year. Europe had a market value of USD 2,026.0 million in 2022, and 2.6% year-over-year growth is expected in 2023.

The United States label release liner industry is projected to witness significant growth over the coming years, with market value anticipated to rise from USD 1,828.9 million in 2023 to USD 2,681.7 million by 2031, representing a robust compound annual growth rate (CAGR) of 4.9% during the forecast period.

The water-based inks market is projected to reach a value of USD 9,120.0 million in 2023 and is expected to exceed USD 12,415.0 million by 2033. The market is capturing a CAGR of 3.1% during the forecast period.

The bag-in-box packaging market in the USA and Canada is projected to reach USD 473.0 million by 2033, growing at a 5.1% CAGR from 2023 to 2033.

Environment friendly, sustainable, convenient, and protective packaging solutions are being increasingly demanded by various industries. Some of these industries are beverage, food, and others, that require bag-in-box packaging solutions. Bag-in-box products have lower carbon footprints than their plastic and glass competitors.