Market Research Blog – Page 3169 – New Product Development

Option to Personalize Packaging Materials is Expected to Boost the Adoption of Digital Printing Packaging. | FMI

The digital printing packaging market is forecast to experience a growth rate of 5.1% over the estimated time, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 18,666.50 million in 2023 and is expected to be worth US$ 30,696.45 million by 2033.

The driving force behind the demand for digital printing is its eco-friendly aspect and the robust growth of commercial packaging. The use of digital printing lowers the environmental impact as it reduces the installation waste and requires no grids.

Packaging and printing help create the product’s identity to market the product effectively. Digital printing consists of graphics, texts, patterns, and other visual materials printed straight to the packaging materials like transfer films, papers, cardboard, and other materials. Several advantages of digital printing packaging, like its cost-effectiveness in creating small-and-medium-sized prints, boost its adoption in low-volume packaging.

Request a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-2188

Surging demand for personalized packaging solutions is dictating the forecast trends in the market. Digital printing facilitates easy and cost-saving packaging of products with distinct designs, materials, and products. Customization also helps companies improve their brand image, interact with their clients, and cater to shifting customer interests toward personalized products.

The digital printing packaging also helps with a brief time-to-market. Digital printing processes are frequently associated with fast setup, production processes, easy data exchange, and intense productivity. Thus, companies can produce small- and medium-sized prints and swiftly update their packaging for business and support.

Several standards, like food safety and labeling regulations, drive the packaging industry. It can be hard to meet these standards for digital printing businesses as some printing inks and technologies may not serve certain requirements. This factor can restrict the use of digital printing in industries with stringent regulations.

Get in Touch with Our Sales Team to Secure Your Copy of the Report Now! https://www.futuremarketinsights.com/checkout/2188

Top Highlights from the FMI’s Analysis of the Digital Printing Packaging Market

Countries in the Asia Pacific are expected to observe significant CAGR over the forecast period.
Australia’s digital printing packaging industry is expected to be the next go-to-market in the assessment period as players shift their base from matured markets like the United States and Europe.
In Latin America, businesses are expected to explore Mexico for upcoming market opportunities.

Developments in the Digital Printing Packaging Industry

In April 2022, Huhtamaki launched a Push Tab blister lid, a first-to-market PET blister lidding composed of a single material, sans any metal, to serve the healthcare sector. Push Tab blister lid works on the present packaging portfolio without compromising the speed. Therefore, the invention is projected to offer sustainable packaging solutions for the robustly expanding healthcare sector.
AutajonGroup revealed in September 2022 that the Californian firm ZappPackaging entered its Packaging Division. The acquired company is expected to invigorate the parent company’s operations in the United States, particularly in California.
Mondi Plc. Introduced myMomdi.net, a web platform for excellent print and design to differentiate its uncoated fine paper (UFP) brands. It briefs the printing and design industry professionals regarding high-quality paper brands, paper recommendations, multimedia content, and local distributor contact information.
Avery Dennison Graphics Solutions declared its partnership with Siser North America to venture into the crafter/DIY market. Siser has over 40 years of experience in the consumer craft industry as a leader in heat-transfer vinyl and an expert in modification and personalization.

Key Segments Profiled in the Digital Printing Packaging Industry Survey

By Print Technology Type:

Liquid Toner Electrophotography Printing
Nano-Graphic Printing
Inkjet Technology
Others (Dye tonner)

By Product Type:

Labels
Flexible Packaging
- Films & Wrap
- Bags & Sacks
- Pouches & Sachets
Corrugated Packaging
Folding Cartons
Bottles & Jars
Metal Cans
Others

By End User:

Food
Beverage
Alcoholic
Non-Alcoholic
Pharmaceutical
Personal care & cosmetics
Electronic comp.
Chemicals
Other (Automotive, etc.)

By Region:

North America
Europe
Latin America
Asia Pacific
The Middle East & Africa

About Future Market Insights Inc. (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Forecasting a 26.6% CAGR Propel the Electric Vehicle Reducer Market to US$ 20.9 Billion by 2033

The Electric Vehicle Reducer Market is expected to increase at a CAGR of 26.6% during the forecast period. The market size is anticipated to rise from US$ 1,974.7 Million in 2023 to US$ 20.9 Billion by 2033.

The main driver fuelling market expansion is the expansion of the electric car industry. Electric vehicles outperform conventional vehicles in terms of fuel economy, CO2 emissions, and maintenance, as well as the convenience of charging at home, a smooth ride, and lower engine noise.

Governments worldwide are focusing their efforts on combating climate change. As a result, electric vehicle component manufacturers are ramping up their investment in the production of electric vehicle components, which is expected to propel the global electric vehicle reducer market.

Request a Sample of this Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-15841

Tax exemptions, non-monetary benefits such as new car registration and carpool lane access, increasing vehicle range, active OEM participation, providing charging infrastructure in regular areas, and other factors can all contribute to the growth of the EV reducer market trends.

Existing players are heavily focused on innovation and the development of new components and technology in order to overcome disadvantages and strengthen their positions in the global market.

Key Takeaways from Market Study

Asia Pacific is expected to be the most profitable region during the forecast period, having dominated the global electric vehicle reducer market in 2021. Whereas India is showing the highest growth trajectory of 30.1% among other regions.
The United States dominates the North American electric vehicle reducer market with a share of9.3%. This proportion is due to rising demand for electric vehicles in the United States.
Concerning product type, the multi-stage type will continue to dominate the global electric car reducer market with a share of 68.4%.
China is the world’s largest electric vehicle market, accounting for nearly half, or 45%, of global electric vehicle sales and 1.8 million electric vehicles on road.
The UK government approved 200 electric buses in 2020 with the goal of making all buses totally electric by 2025, which may reduce CO2 emissions by roughly 7,400 tonnes annually.
MG Motors India launched the fourth edition of their Developer Programme and Grant (MGDP) as the country strives to generate 50% of its installed electricity capacity from non-fossil sources by 2030.

Competitive Landscape

Due to the presence of a large number of market players, the global electric vehicle reducer market is consolidated with high competition. Existing players are heavily focused on innovation and the development of new components and technology in order to overcome disadvantages and strengthen their positions in the global market. Some market participants are also investing in EV startups to expand their regional presence.

BorgWarner Inc.
Robert Bosch GmbH
ZF Friedrichshafen AG
GKN
GETRAG FORD Transmission GmbH
AVL GmbH
HOTA Industrial
Tsingshan Industry
Aichi Machine Industry
Magna International
SAGW
Zhuzhou Gear

Direct Purchase of this Report: https://www.futuremarketinsights.com/checkout/15841

Latest Developments in the Electric Vehicle Reducer Market

September 2023 – ZF Friedrichshafen AG (ZF) announced the production of its first 800V electric drive axle in Hangzhou’s Xiaoshan District. The development process was led by a local team from ZF’s Electrified Powertrain Technology division in Shanghai. ZF invested approximately $300 million in its Hangzhou manufacturing facility.
On August 10, BorgWarner announced that Hyundai Motor Company (HMC) had chosen its iDM146 integrated drive module (iDM) to power an additional A-Segment electric vehicle platform, with production set to begin in Q3 2024.

Key Segments Covered in the Electric Vehicle Reducer Market Report

Product Type:

Single-stage Type
Multi-stage Type

Vehicle Type:

Battery Electric Vehicles (BEVs)
Plug-In Hybrid Electric Vehicles (PHEVs)
Hybrid Electric Vehicles (HEVs)
Fuel Cell Electric Vehicle

Sales Channel:

Original Equipment Manufacturer (OEM)
Aftermarket

Author

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Anticipating a 21.7% CAGR to Propel the Electric Vehicle Insulation Market to US$ 43.8 Billion by 2033

The electric vehicle insulation market size is expected to be valued at US$ 43.8 Billion by 2033, up from US$ 6,145.1 Million in 2023. Sales of electric vehicle insulation are projected to grow at a CAGR of 21.7% over the estimated period, according to research by Future Market Insights.

Over the forecast period, market growth is anticipated to be driven by favourable government initiatives to encourage the usage of green cars. The industry will also be fuelled by a rise in demand for battery-powered EVs, which is caused by strict government rules on car emissions. Governments all around the world are offering incentives to encourage the use of electric cars since doing so cuts down on pollution and oil use.

Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-15858

The raw material manufacturers adopted forward integration to manufacture insulating products, resulting in an excessive amount of forward integration on the market. Companies in the electric vehicle insulation sector employ captive consumption to reduce production costs. The companies now have the opportunity to expand their reach and enter new application markets.

Market dominance is mostly in the control of major companies with extensive value chain integration. As the market is so sensitive to prices, firms frequently compare their prices. Because of increased consumer demand for improved energy efficiency and acoustic insulation as well as expanding consumer awareness of vehicle safety, the market is expected to rise favourably.

Key Takeaways from the Electric Vehicle Insulation Market

The United States is anticipated to have a 9.3% market share for electric vehicle insulation over the projected period. The United States is expected to keep up a steady rate of revenue growth.
With an estimated 11.2% market share over the forecast period, Germany is anticipated to be the largest market.
Europe is expected to see a moderate rate of revenue growth throughout the projected period. Initiatives and government support to increase creative activities linked to electric automobiles are predicted to play a major role in driving market revenue share.
Due to increased fuel prices, more government efforts, and an increase in the use of smart mobility services, the market for electric vehicle insulation in China is predicted to grow at a CAGR of 16.8%.
With a 0.6% market share in electric vehicle insulation, Japan is a significant participant in the Asia Pacific automotive industry.
The electric vehicle insulation market in India is expected to have one of the biggest development potentials, with a CAGR of 32.6% during the forecast period.
With a share of 41.6%, the segment of foamed plastic is predicted to dominate the market. The market for thermal interface materials used in electric car insulation is predicted to reach $300 million by 2033.
The BEV sector is predicted to rule the electric vehicle insulation over the forecast period.

Who is Winning?

Key companies are focusing on product development and strategic collaborations to expand their product portfolios and get a firm presence in the global market. The firms are also focusing on developing unique insulating solutions for vehicles, increasing competition. The market is active because electric car insulation businesses are investing a lot of money in research and development to produce hybrid insulation solutions.

Another area of focus is enhancing the functionality and longevity of products. Among the notable companies analyzed in the global market report are Saint-Gobain, BASF SE, Zotefoams Plc, 3M, Va-Q-tec AG, Elmelin Ltd, Pyrophobic Systems Ltd., Morgan Advanced Materials, Autoneum, Illinois Tool Works Inc., and Von Roll.

Elevate Your Business Strategy! Purchase the Report for Market-Driven Insights Today:
https://www.futuremarketinsights.com/checkout/15858

Recent Developments in the Electric Vehicle Insulation Market

Va-Q-tec AG, a German firm operating in the insulation sector, joined Hutchinson SA on March 8, 2021. To enhance the thermal management of aircraft and EVs, both firms will work together to produce a super-efficient insulating solution. Through the cooperation, Hutchinson products and VA-Q-tec VIPs are joined to carry out different Research and Development (R&D) projects for the production of energy-efficient batteries for the automobile sector and cabin insulation for the aviation industry.
Alpha-Liner, a wheelhouse outer liner with several functions that decreases tire noise and makes vehicles quieter and lighter, was introduced on July 8, 2019, by Autoneum, a Swiss firm that manufactures vehicle acoustic and thermal insulation.

Electric Vehicle Insulation Market Segmentation by Category

By Material:

Thermal Interface Material
Ceramic
Foamed plastic

By Insulation Type:

Acoustic
Thermal
Electrical

By Application:

Under the Hood & Battery Pack
Interior
Others

By End-use:

By Region:

North America
Latin America
Asia Pacific
Eastern Europe
Western Europe
Japan

Author

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Polyester Straps Market is Projected to Grow at a CAGR of 7.4%, Totaling Around US$ 2.1 Billion by 2033 | FMI

The global polyester straps market is anticipated to reach a valuation of US$ 1.0 billion in 2023, driven by shift towards sustainable packaging solutions. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 7.4% between 2023 and 2033, and reaching a total valuation of approximately US$ 2.1 billion by 2033.

One of the major factors contributing to the growth of the polyester straps market is the increasing demand from industries such as logistics, e-commerce, and construction. The sectors require reliable and high-performance strapping solutions to secure heavy loads, pallets, and bundles. Polyester straps provide excellent tensile strength and can withstand significant tension, making them ideal for securing heavy and bulky items. The lightweight nature of polyester straps makes them easy to handle and reduces transportation costs.

Request a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-3425

The technological advancements in strap manufacturing processes are propelling the growth of the polyester straps market. Manufacturers are investing in research and development to improve the properties and performance of polyester straps. Advanced manufacturing techniques and innovations in polymer engineering have led to the development of straps with higher tensile strength, better elongation characteristics, and improved resistance to external factors. The advancements are driving the adoption of polyester straps as they offer superior load containment, enhanced safety, and increased efficiency in packaging operations.

The globalization of trade and the expansion of the e-commerce industry are also significant drivers of the polyester straps market. There is a growing need for secure and reliable packaging solutions, with the increasing volume of goods being transported globally. Polyester straps provide strong and reliable bundling and palletizing options for the safe transportation of goods, ensuring that they reach their destination intact. The growth of e-commerce platforms and the rising demand for online shopping have further boosted the demand for polyester straps as they are essential for the secure packaging of products during shipping.

Key Takeaways from the Market Study

Global polyester straps market was valued at US$ 973 million by 2022-end.

From 2018 to 2022, the market demand expanded at a CAGR of 3.2%.
India is expected to hold a dominant CAGR of 8.5% during the forecast period.

By thickness, the 5mm to 15mm mm segment is expected to constitute a CAGR of 7.3% in 2033.
On the basis of application, bundling segment is expected to dominate the market with a CAGR of 7.2% in 2033.

From 2023 to 2033, polyester straps market is expected to flourish at a CAGR of 7.4%.
By 2033, the market value of polyester straps is expected to reach US$ 2.1 billion.

Get in Touch with Our Sales Team to Secure Your Copy of the Report Now! https://www.futuremarketinsights.com/checkout/3425

Advancements in packaging automation, across the globe is a major factor that is expected to propel the growth of the polyester straps market in the near future, remarks an FMI analyst.

Prominent players in the polyester straps market are Teufelberger holding ag, Samuel Strapping Systems, FROMM Packaging Systems Inc., Mosca GmbH, Industrial Yarns Pty Ltd., Linder GmbH, The Plastic Strapping Company Ltd, Northshore Strapping Company, Plastic Extruders Ltd., National Webbing Products, Campanini UGO S.P.A, Signor limited, Consent LLC, Narrowtex Pty (Ltd.), Universal Strapping Inc., Mil-Spec Packaging, Bowmer Bond Narrow Fabrics Limited, Nottingham Narrow Fabrics Ltd, DAE YANG STRAPS CO., LTD, and Johnson Plastics & Supply

Recent Developments:

In January 2022, Dynaric Inc. launched its advanced polyester strapping machine, equipped with cutting-edge technology for efficient and precise strapping operations. The machine offers fast strapping speed, high tension capability, and automatic tension adjustment, improving productivity and ensuring optimal performance in various packaging applications.
In September 2021, PAC Strapping Products, Inc. introduced its new line of polyester strapping with enhanced break strength and improved tensile properties. The new strapping products are designed to provide superior load containment and security for a wide range of applications, including palletizing, bundling, and unitizing.
In October 2021, Yongsun Industrial Co., Ltd. introduced its new range of embossed polyester strapping. The embossed surface of the strapping provides enhanced grip and friction, ensuring secure bundling and preventing slippage during transportation.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global polyester straps market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the polyester straps market, the market is segmented on the basis of thickness (below 0.5mm, 0.5mm-0.75mm, 0.76mm-1mm, and above 1mm), by packaging grade (hand grade polyester straps, and machine grade polyester straps), by width (5mm-15mm, 16mm-25mm, 26mm-35mm, and above 35mm), by breaking strength (up to 220kg, 221kg to 300kg, 301kg to 500kg, 501kg to 1,000kg, and above 1,000kg), by end-use industry (food & beverage, pharmaceuticals, electronics & electricals, automotive, construction & allied industries, paper & allied industries, textiles & apparels, chemicals & fertilizers, and others), and by application (heavy duty bailing, bundling, and palletizing), across five major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa (MEA)).

Key Segments Profiled In The Global Polyester Straps Market

By Thickness:

Below 0.5mm
0.5mm-0.75mm
0.76mm-1mm
Above 1mm

By Packing Grade:

Hand Grade Polyester Straps
Machine Grade Polyester Straps

By Width:

5mm-15mm
16mm-25mm
26mm-35mm
Above 35mm

By Breaking Strength:

Up to 220kg
221kg to 300kg
301kg to 500kg
501kg to 1,000kg
Above 1,000kg

By End Use Industry:

Food & Beverage
Pharmaceuticals
Electronics & Electricals
Automotive
Construction & Allied Industries
Paper & Allied Industries
Textiles & Apparels
Chemicals & Fertilizers
Others

By Application:

Heavy Duty Bailing
Bundling
Palletizing

Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
Middle East and Africa (MEA)

About Future Market Insights Inc. (FMI)

Contact Us:

Nandini Singh Sawlani

Quick-Service Restaurants and Fast Food Supply Chains to Look for Disposable Cups, Positioning the Market at US$ 21.1 Billion by 2033

In 2023, the market for disposable cups is anticipated to be worth US$ 11.6 billion worldwide. From 2023 to 2033, it is anticipated to surge at a CAGR of 6.2%. By 2033, the market is anticipated to be worth US$ 21.1 billion. In 2023, it is predicted that the top 3 nations would account for 40% to 45% of the market.

Owing to the quick pace of today’s lifestyle and constant need for mobility, disposable cups are useful. Customers prefer eating at restaurants, and the rate of beverages consumed away from home is steadily increasing.

They anticipate that caterers would support and provide speedy food delivery. Due to their busy lifestyles and demanding work schedules, they are finding online meal ordering to be highly convenient.

Packaging of disposable cups is thought to be tamper-proof by food service providers. They are capable of protecting the food from contamination while it is being transported. Disposable plastic cups are sturdy and affordable. Insulation in these cups can increase the delivery time for both hot and cold beverages.

Request a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-2639

For speedy delivery without worrying about spilling or leakage, disposable cups with lids and straw slots are convenient. Disposable cups are very convenient to transport and serve beverages. They don’t take up a lot of storage space.

As they are unbreakable, time-saving, and easy to clean, paper or disposable plastic cups are preferred by food service operators over glass ones. Numerous fast food restaurants, cafeterias, and food malls use disposable cups as a dependable, safe, and simple packaging solution. These can be delivered to clients quickly, which would expand the disposable cups market.

Key Takeaways from Disposable Cups Market

Less than 250 ml disposable cups by capacity is projected to hold a substantial disposable cups market share of 52% by 2033.
By material, the paper disposable cups segment is anticipated to accelerate at a CAGR of 0% between 2023 from 2033.
The beverages segment by application is expected to create an absolute dollar opportunity of US$ 7.0 million during the forecast period.
Europe followed by South Asia is estimated to generate high demand for disposable cups, accounting for around 44% of share by 2033.
Australia disposable cups market is projected to exhibit a CAGR of 0% from 2023 to 2033.

“Increasing demand for on-the-go snacking is projected to propel sales of tea, coffee, lemonade, and soft drinks worldwide. It is projected to drive disposable cups sales in the next ten years. Key companies are likely to develop new cups with innovative materials to attract a large consumer base,” says a lead Future Market Insights analyst.

Get in Touch with Our Sales Team to Secure Your Copy of the Report Now! https://www.futuremarketinsights.com/checkout/2639

Demand for Sustainable Packaging to Create New Growth Opportunities for Disposable Cups Manufacturers

Innovation is important because it aids businesses in market penetration, the creation of better prospects, and customer engagement. The disposable cup market offers significant potential for innovation to provide high-quality food service goods. Paper cups can help to get around few of the problems with plastic cups. It might also aid in expansion for throwaway cups.

For instance,

In July 2021, following single-use plastic ban in the European Union, Vegware updated their disposable cups’ design to comply with the single-use plastics directive.
In June 2021, Novolex launched a new manufacturing line to produce compostable cups from plant-based plastic (polylactic acid) which appears, behaves, and performs just like a traditional plastic cup.

Plastic Ban in Significant Regions is Expected to Deter Disposable Cup Sales

Single-use plastic damages wildlife, flora, and fauna. It also pollutes the environment and uses up vital natural resources in its production. Due to the massive amount of plastic waste in landfills and the ocean, several nations have outlawed single-use plastics.

Around 15 million metric tonnes of plastic debris are dumped into the ocean annually, according to Oceana Inc. Every minute, around two trucks worth of plastic trash are produced and dumped into the ocean. More than any other nation, the USA produces a substantial amount of plastic waste. Devastating effects may result from the rapid increase in terms of plastic manufacturing.

Expanded polystyrene products are no longer available and are even prohibited in Europe. Purpose of this new rule named Single-Use-Plastics (SUP), is to lessen negative effects that plastic has on both human health and the aquatic environment.

The order was incorporated into national law and became effective on July 3, 2021. Any nation that violates these duties will pay a price. Numerous countries are imposing restrictions on single-use plastics, which is impeding expansion of the disposable cup business.

Competition Landscape: Disposable Cups Market

Key players operating in the global disposable cups market are Pactiv LLC, Berry Global Group, Inc., Dart Container Corporation, Huhtamaki Oyj, Detpak (Detmold Group), Georgia-Pacific LLC, Greiner Packaging International GmbH, and Genpak, LLC.

Also, few of the other noticeable players in the market are Fuling Plastic USA, Inc., Churchill Container, ConverPack Inc., FrugalPac Limited, Go-Pak Group, Grupo Phoenix Capital Limited, CEE Schisler Packaging Solutions, F Bender Limited, SEDA International Packaging Group S.p.A., Duni Group Global, and Stanpac Inc. and others. Tier 1 players in the market hold 15 to 20% in the global disposable cups market.

Get Exclusive Insights into Disposable Cups Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global disposable cups market, analyzing historical demand from 2014 to 2022 and forecast statistics for 2023 to 2033. The study reveals growth projections on the disposable cups market on the basis of material type (paper, plastic, foam, bagasse), capacity (less than 250 ml, 250 to 750 ml, above 750 ml), application (food, beverage), sales channel (manufacturers, retail, distributors, online), and end use (commercial use, institutional use, household use) across seven regions of the globe.

Disposable Cups Market Outlook by Category

By Material Type:

Paper
Plastic
Foam
Bagasse

By Capacity:

Less than 250 ml
250 to 750 ml
Above 750 ml

By Application:

Food
- Spreads
- Sausages & Dressings
- Confectionary
- Dairy
  - Ice Cream
  - Yogurt
  - Drinks
Beverages
- Hot
- Cold

By Sales Channel:

Manufacturers (Direct Sales)
Retail
- Hypermarket
- Supermarket
- Convenience Stores
- Specialty Stores
Distributors
Online

By End Use:

Commercial Use
- Hotels & Cafes
- Full Service Restaurants
- Quick Service Restaurants
- Venues & Catering
- Mobile Food Vendors
- Bakery & Patisserie
Institutional Use
- Schools & Colleges
- Offices
- Hospitals
- Airports & Railways
Household Use

About Future Market Insights Inc. (FMI)

Contact Us:

Nandini Singh Sawlani

Lightweight Automotive Body Panels Market Share to Reach US$ 191.4 Billion by 2033

The lightweight automotive body panels market is projected to be valued at US$ 122,054.9 million in 2023 and is expected to rise to US$ 191.4 Billion by 2033. The sales of lightweight automotive body panels market are predicted to thrive at a significant CAGR of 4.6% during the forecast period.

The lightweight automotive body panels market is experiencing significant growth, primarily driven by the rising production of commercial vehicles and increasing demand from the logistics sector. Additionally, there is a growing market demand for economic and fuel-efficient vehicles, further bolstering the expansion of this market segment.

Request a Sample of this Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-1532

The automotive industry is witnessing a shift toward lightweight construction to address the challenges posed by stringent emission regulations and the need for sustainability. Lightweight body panels play a crucial role in achieving these goals, as they contribute to overall weight reduction, resulting in improved fuel economy and reduced environmental impact.

The rising demand for commercial vehicles, driven by the growing logistics sector, is a key factor propelling the market growth. With the expansion of e-commerce and last-mile delivery services, there is a surging need for efficient transportation solutions. Also, lightweight automotive body panels enable commercial vehicles to carry larger payloads while maintaining optimal fuel efficiency, offering cost savings for logistics companies.

The market is benefiting from the increasing consumer preference for economic and fuel-efficient vehicles. As fuel prices continue to rise and environmental consciousness grows, consumers are seeking vehicles that offer better fuel economy without compromising performance. Moreover, lightweight body panels contribute to reducing vehicle weight, leading to improved fuel efficiency and lower operating costs.

Advancements in material science and manufacturing technologies are likely to further enhance the performance and cost-effectiveness of lightweight automotive body panels, opening new opportunities for market players.

Material Type: Metals, specifically aluminum alloy and high-strength steel, are the most commonly used materials for manufacturing lightweight automotive body panels. Metals hold more than 31.4% share on a value basis in the global market due to their durability and lightweight properties.

Component Type: Door panels are expected to contribute significantly to the lightweight automotive body panels market, surpassing other component types. Further, the adoption of lightweight materials for door panels has gained traction as manufacturers aim to reduce vehicle weight and improve overall efficiency.

USA Market: The USA holds a significant share (more than 24.3%) in the global lightweight automotive body panels market. The market growth in the USA is propelled by the demand for fuel-efficient vehicles, the implementation of stringent carbon emission regulations, and the presence of key market players.

China Market: China’s lightweight automotive body panels market experienced notable growth with a CAGR of 5.2% in 2022. The market expansion is driven by the booming automotive industry, ongoing research and development efforts to develop innovative lightweight materials, the emphasis on reducing vehicle weight for improved efficiency, and favorable government support.

Key Companies Profiled

GORDON AUTO BODY PARTS CO. LTD
AUSTEM COMPANY LTD.
Gestamp
Plastic Omnium
Magna International Inc.
Stick Industry Co. Ltd.
Changshu Huiyi Mechanical & Electrical Co. Ltd.
KUANTE AUTO PARTS MANUFACTURE CO. LIMITED
Hwashin
FLEX-N-GATE CORPORATION
ABC Group, Inc.

Direct Purchase of this Report:
https://www.futuremarketinsights.com/checkout/1532

Key Segments Covered in Lightweight Automotive Body Panels Market Analysis

By Material Type:

Metals
- High-strength Steel
- Magnesium
- Aluminum
Polymers & Composites
- Carbon Fiber Reinforced Plastics
- Glass Fiber Reinforced plastics
- Other Polymer & Composite Materials

By Component Type:

Bumpers
Hood
Door Panels
Trunk Lids
Roof
Others

By Vehicle Type:

Light Commercial Vehicle
Heavy Commercial Vehicle

By Region:

North America
Latin America
Europe
East Asia
South Asia Pacific
Middle East & Africa

Author

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

The Lubricant Market to $20.4 Billion by 2033 Rising oil & gas activity and flexible packaging adoption fuel market growth

The global lubricant packaging market is projected to exceed US$ 12.05 billion in 2023 and reach US$ 20.4 billion by 2033. Advancing at a CAGR of 5.4% during the forecast period. The market expansion is aided primarily by the rising demand for oil and gas worldwide.

The surge in demand for flexible packaging among various packaging industries due to its low cost and convenience is expected to fuel market expansion. Furthermore, flexible packaging goods are substantially lighter than rigid plastic bottles, contributing to market growth.

The volatile costs of raw materials utilized in the sector, particularly petrochemical feedstock prices, may impede the expansion of the market on the whole.

Request a Sample of this Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-4228

The demand for lubricant packaging is likely to be dwindled by the environmental contamination created by plastic packaging forms. This may act as a hindrance to the need for lubricant packaging solutions.

The market for lubricant packaging is expected to experience significant development opportunities. Due to the rising leasing of lubricant packaging to small and medium-sized steel and metal companies in the GCC region.

SMEs preferred to lease a modest quantity of lubricants from a large manufacturer to cut expenses and prevent waste. The huge manufacturer is anticipated to take advantage of this opportunity to capitalize on it and meet the needs of the consumer.

Players in the global market have growth potential due to the accessibility and rising use of packaging alternatives including tubes and pouches. This feature is boosting the sales of these packaging solutions. This is anticipated to present growth opportunities for the lubricant packaging market.

Key Takeaways:

During the forecast period, the lubricant packaging industry in China is expected to secure an 8.4% CAGR.
The demand for lubricant packaging in India is predicted to advance at a 6.9% CAGR from 2023 to 2033.
The United Kingdom lubricant packaging industry is likely to move forward with a CAGR of 3.0% during the projected period.
North America dominated the market in lubricant packaging in 2022 with a share of 22.1% in the global market.
Europe lubricant packaging industry was one of the prominent ones with its share accounting for around 21.5% in 2022.
In 2022, the lubricant packaging market in the United States held a share of about 20.9% globally.
The Germany lubricant packaging market value share was estimated to be 4.5% in 2022.
The engine oil segment took hold of 32.8% share, being a substantial one in the market in 2022.

Competition Landscape in the Market

Leading manufacturers of lubricant packaging are focusing on spiking their production capacity. To meet the growing demand across diverse industries such as automotive, metalworking, oil & gas, power generation, and others.

Key players are expanding their product portfolio to cater to the growing demand in the market.

A few of the prominent players in the market include Mold Tek Packaging Ltd., Balmer Lawrie & Co. Ltd., Glenroy Inc., Time Technoplast Ltd., Grief Inc., CYL Corporation Berhad, Duplas Al Sharq LLC, Scholle IPN, Mauser Group B.V., Martin Operating Partnership L.P.

Numerous firms have implemented several business development tactics, including mergers and acquisitions, product launches, alliances and collaborations, and a spike in manufacturing capacity. To broaden their customer base and surge their market share.

Players in the market are investing more money in expanding their businesses and improving their products. Further catering to the lubricant packaging market growth.

Technological breakthroughs in the lubricant packaging industry are made possible by quick developments and intensive research efforts among manufacturing firms. These developments are anticipated to lead to profitable prospects in the market.

Pre-Book Report: https://www.futuremarketinsights.com/checkout/4228

Segmentation Analysis of the Lubricant Packaging Market

By Product:

Engine Oil
Transmission & Hydraulic Fluid
Process Oil
Metal Working Fluid
General Industrial Fluid
Gear Oil
Greases

By Material:

Metal
- Tin
- Steel
Plastic
- Polyethylene
- HDPE
LDPE
- Polyvinyl Chloride (PVC)
- Polyethylene Terephthalate (PET)
- Polystyrene (PS)
- Polypropylene (PP)
- Polyamide (PA)
Others

By End-use Industry:

Automotive
Metal working
Oil & Gas
Power Generation
Machine Industry
Chemicals
Other Manufacturing

By Region:

North America
Latin America
The Middle East and Africa (MEA)
Europe
Asia Pacific

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Glass Container Market is Anticipated at a CAGR of 5.2% During the Forecast Period by 2033 | FMI

The glass container market is estimated to secure a valuation of US$ 61.5 billion in 2023 and is anticipated to rise to US$ 102.5 billion by 2033. The market is projected at a CAGR of 5.2% during the forecast period.

The increasing demand for preserved food items and aesthetic looks is boosting the adoption of glass containers. The manufacturers are growing the food & beverages, pharmaceuticals, and hotel industries by increasing glass container production. Moreover, the growing infrastructure, urbanization, and disposable income are the important factors upsurging the market growth during the forecast period.

Increasing consumers’ preference to provide transparency and storing food ingredients drive the market size. The popularity of candle jars, glittering bottles, and other home DIY activities fuel market opportunities further. The rising demand for premium and standardized products are prominently increasing the adoption of the glass container.

Request a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-935

Manufacturers develop glass containers and bottles in various designs, and consequently, these latest and trending products flourish the market growth. Several dairy owners are rising the demand for glass containers to store milk to enhance the quality and long last freshness. The increasing investment by top companies, government initiative plans, and research & development activities are advancing market opportunities further.

High Standard Packaging by Manufacturers Surge the Market Opportunities

Manufacturers are developing high-quality products by providing premium packaging styles. The manufacturers are increasing the sales of glass containers through their aesthetic look and better packaging solution. They observe their consumers’ preference for highly standardized products, as many end-users are fond of product packaging styles.

The top companies are launching luxury wine bottles and several shapes and sizes of glass containers to acquire maximum profits through their artwork. On the flip side, the rising demand for cosmetic products is mushrooming the global glass container market opportunities.

Get in Touch with Our Sales Team to Secure Your Copy of the Report Now! https://www.futuremarketinsights.com/checkout/935

How Does the United States Dominate the Global Market?

The United States is registering a CAGR of 5%, with collecting a valuation of US$ 150 billion by 2033. The increasing consumption of alcoholic beverages and the growing production of glass containers drive the market in the United States. Around 86% of people above 18 years old population consume alcoholic beverages occasionally in the United States.

The prominent companies in the United States are Saxco International, Nestle, Carlsberg, MillerCoors, PepsiCo, and others. The United States captured a historical CAGR of 4.7% from 2017 to 2022.

Key Takeaways:

The glass containermarket is expected to have a valuation of US$ 102.5 billion by 2033.
With a CAGR of 5.2%, the global market increasing from 2022 to 2033.
The United States glass container marketis anticipated to expand at a significant CAGR of 5% through 2033.
In the historical period, the market secured a CAGR of 4.1% between 2017 and 2022.
In the historical period, the market captured US$ 59.1 billion between 2017 and 2022.
Germany is anticipated to record an impressive CAGR of 4.5% by 2033.

Who is Winning?

The key vendors are launching new products in the market by acquiring several marketing methodologies. These vendors invest their million dollar amount in research & development activities to carry out unique ideas and tactics to enhance market products. The marketing strategies adopted by these market players include partnerships, agreements, collaborations, and acquisitions.

Glass Container Market Segmentation by Category:

By Product Type:

Glass Bottle
Glass Jar
Glass Vial
Candle Glass Container

By Color:

Amber Glass Container
Blue Glass Container
Clear Glass Container
Frosted Glass Container
Other Colored Glass Container

By End-use Industry:

Cosmetic & Perfumes
Pharmaceuticals
Food Packaging
Beverage Packaging
Other Products

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
The Middle East & Africa (MEA)

About Future Market Insights Inc. (FMI)

Contact Us:

Nandini Singh Sawlani

Cuddly Companions: Stuffed and Plush Toy Market Poised for 7.3% CAGR Boom by 2034

The stuffed and plush toy market is expected to grow at a robust 7.3% annually, reaching a value of US$ 21.2 billion by 2034 from US$ 10.5 billion in 2024.

Plush and Profitable: Key Trends Shaping the Stuffed Toy Market

Here’s a glimpse into the trends driving this growth:

Uniquely You: Consumers are craving personalization, and the toy industry is responding. Custom-made plush toys and action figures are gaining traction, with manufacturers developing innovative offerings to meet this demand.

Get Recently Updated Report of Market as Sample Copy: https://www.futuremarketinsights.com/reports/sample/rep-gb-15716

Tech Meets Teddy Bears: Leading toymakers are pushing the boundaries by integrating technology into plush toys. GPS trackers and sensors are being incorporated to enhance safety and functionality, keeping these cuddly companions at the forefront of the market.
Nostalgia Reigns Supreme: Millennials and Gen Z are driving a resurgence in interest for action figures and vintage stuffed toys. This trend is fueling demand across the stuffed and plush toy market.
E-commerce Boom: The rise of online shopping platforms is making it easier than ever to discover and purchase a wider variety of stuffed toys, further boosting market growth.
Pop Culture Power: The enduring popularity of anime characters and classic cartoons among young audiences and millennials is creating a lucrative opportunity. Toymakers are actively seeking licenses for these beloved characters to capitalize on this trend.

A Comparative Landscape:

The stuffed and plush toy market is poised for significant growth compared to its close associates:

Cat’s Meow: The cat toy market is expected to expand at a healthy CAGR of 6.1% by 2034. A focus on eco-friendly and safe materials in new product launches is driving this segment.
De-stressing with DIY: The decompression toy market is fueled by the growing demand for customizable and creative options. DIY and personalized decompression toy kits are gaining popularity in this segment.

Dominant by Design:

Within the stuffed and plush toy market, the cartoon toys segment is a leader, projected to hold a market share of nearly 20% in 2024. This dominance can be attributed to:

The Power of TV: Popular animal-themed shows and the associated merchandising trends are creating a strong demand for cartoon toys.
Events and Promotions: Marketing initiatives like events and giveaway campaigns are effectively promoting cartoon toys to a wider audience.

The future of the stuffed and plush toy market looks bright, with innovation, personalization, and nostalgia fueling continued growth. As technology integrates with tradition and pop culture trends evolve, these cuddly companions are sure to remain a cherished part of childhood experiences for years to come.

Request the Full Report Methodology Now:
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-15716

Key Takeaways from the Stuffed & Plush Toys Market Study

Action figures and model play are anticipated to boost the growth of the stuff and plush toys market
In terms of material, natural/organic segment is expected to lead the growth in the stuffed & plush toys market.
Based on sales channel, hypermarkets and supermarkets are anticipated to grow at an increasing pace during the forecast period.
The online retail segment is anticipated to rise at a rapid rate in the stuff toys market over the upcoming decade.

“Stuffed and plush toy manufacturers are developing strategies to expand their product line to gain competitive edge. Some of the key companies are focusing on innovation to increase product durability and features through extensive investments.” Says an FMI analyst.

Who is winning?

Leading manufacturers of stuffed and plush toys are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of stuffed and plush toys market globally.

Major players present in the stuffed and plush toys market

J Sainsbury plc.
Hallmark Cards, Inc.
Nakajima USA, Inc.
Mattel, Inc.
Bandai Co., Ltd.
Lego System A/S
Hasbro, Inc.
Simba-Dickie Group
H. Scharrer & Koch GmbH
Spin Master Ltd.
Mary Meyer Corporation
Hamleys Global Holdings Limited.
Ganz, Inc.
GIANTmicrobes
Nici AG
Build-A-Bear Workshop, Inc.
Ty Inc.
Steiff Beteiligungsgesellschaft mbH.
The Boyds Collection, Ltd.
Suki Gifts International Ltd
Other (on request)

Global Stuffed and Plush Toys Market by Category

By Product Type:

Cartoon Toys
Traditional Stuffed Animals
Battery Operated
Action Figures & Model Play
Dolls & Playsets
Customizable Stuffed Animals
Special Feature Plush toys
Puppets

By Material Type:

Synthetic
Natural/Organic
Blended Material

By Price Range:

Low
Medium
High

By Sales Channel:

Hypermarkets/Supermarkets
Multi-brand Stores
Exclusive Stores
Hobby and Craft Stores
Online Retailers
Other Sales Channels

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Sheep Tilt Table Market Soars to US$ 1,100 million by 2033

The sheep tilt table market, though specialized, is experiencing a steady clip-clop towards growth. These seemingly simple tables play a crucial role in safely and efficiently handling sheep during various husbandry procedures like shearing, hoof trimming, and veterinary examinations. Let’s explore the current state of this niche market, exciting opportunities for manufacturers, and its promising future in the wool industry.

Current Scenario:

The global sheep tilt table market is estimated to be a niche market valued at around USD XX million (specific data might be limited due to niche market nature). However, it is projected to grow at a CAGR (Compound Annual Growth Rate) ranging from 4.8% to 5.5% by 2032. This measured growth is driven by several key factors:

Focus on Animal Welfare: Growing emphasis on animal welfare during sheep farming practices is prompting a shift towards using tilt tables for safer and more humane handling of sheep.
Improved Efficiency and Productivity: Tilt tables allow for faster and more efficient handling of sheep compared to traditional methods, leading to increased productivity on farms.

Get Exclusive Sample Copy of the Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-16481

Rising Labor Costs: In some regions, increasing labor costs are making automation in sheep farming more attractive, and tilt tables present a cost-effective solution.
Growing Demand for Wool and Meat: The global demand for wool and sheep meat is expected to remain steady, and efficient sheep handling practices will be crucial for meeting this demand.
Government Regulations: Stricter regulations regarding animal handling in some countries may mandate the use of equipment like tilt tables for sheep farming.

Challenges and Considerations:

Despite the positive outlook, some hurdles require attention:

Limited Market Awareness: Smaller sheep farms, particularly in developing economies, may not be aware of the benefits of tilt tables, hindering wider adoption.
Cost Considerations: The upfront cost of tilt tables, especially for smaller farms, can be a barrier to entry.
Farm Size and Applicability: Tilt tables might not be practical for all farm sizes or all sheep handling procedures.

Opportunities for Manufacturers:

Manufacturers can capitalize on these trends by focusing on:

Cost-Effective Designs: Develop innovative and affordable tilt table designs that cater to the budget constraints of smaller sheep farms.
Focus on Multi-functionality: Design tilt tables that can be used for various procedures beyond shearing, such as hoof trimming and veterinary checkups, increasing their overall value proposition.
Educational Outreach: Increase awareness among sheep farmers about the benefits of tilt tables for animal welfare, efficiency, and farm safety.
Customization and Scalability: Offer customization options for tilt tables to suit the specific needs and herd sizes of different farms.
Durability and Ease of Maintenance: Manufacture tilt tables with robust materials and simple designs for easy maintenance and long lifespans.

Future Scope:

The future of the sheep tilt table market appears promising, driven by several factors:

- Focus on Sustainable Farming: As sustainable farming practices gain traction, the focus on animal welfare will continue to drive the adoption of humane handling equipment like tilt tables.
- Technological Advancements: Potential advancements in automation and integration with sensor technology could lead to even more efficient and user-friendly tilt tables.
- Growth of Organic Wool Market: The rising demand for organic wool, which often emphasizes ethical animal treatment, could create a niche market for specialized tilt tables catering to organic farms.