Tag: market expansion

According to Towards Packaging consultants, the global upcycled materials in packaging market is expected to witness significant growth during the forecast period from 2025 to 2034. Driven by evolving industry trends, increasing demand, and technological advancements, the market is projected to expand at a steady pace, highlighting its rising importance across various sectors worldwide.

Burlingame, CA, July 02, 2025 (GLOBE NEWSWIRE) -- The global automotive bumper market is estimated to be valued at USD 21.27 Bn in 2025 and is expected to reach USD 28.37 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 4.2% from 2025 to 2032. The growth of the automotive bumper market is driven by the increasing global production of automobiles. Rising concerns over passenger safety are further fueling demand for automotive bumpers. Additionally, advancements in bumper design and materials aimed at improving aesthetics and enhancing damage resistance during low-speed collisions are expected to support market expansion. The rising sales of electric vehicles, along with a focus on reducing vehicle body weight, are also set to create new opportunities for lightweight bumpers in the market.

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