Day: March 16, 2021

New York, March 16, 2021 (GLOBE NEWSWIRE) — The global temperature monitoring systems market size is expected to reach USD 6.6 billion by 2028 at a CAGR of 4.2%, according to a new report by Reports and Data. The surging demand for non-contact-based temperature monitoring devices, the growing e-commerce activities, and increasing adoption in the food & beverage, pharmaceutical, and manufacturing sectors for product safety and quality preservation are among the factors majorly supporting the growth of the global temperature monitoring systems market. The rising importance of temperature monitoring systems in storage facilities and warehouses, the expanding transportation & logistics industry, and a significant surge in export & import activities worldwide have further propelled the global market growth. The rising...

New York, March 16, 2021 (GLOBE NEWSWIRE) — The global pet food packaging market is expected to value USD 19.72 billion by end of 2028 from USD 10 billion in 2020, expanding at a CAGR of 4.5% over the forecast period. This growth of the market is attributable to the factors such as increasing inclination of people toward pet adoption coupled with willingness to pay for adopting better convenience for them. However, rising concerns over use of plastic and rising pollution level due to unorganized plastic waste management globally are key factors restraining growth of the pet food packaging market.Nonetheless, the key players are increasingly introducing more sustainable packaging. Increasing adoption of more sustainable packaging to comply with government norms and consumer demands is estimated to fuel growth of the pet food packaging...