Market Research Blog – Page 3310 – New Product Development

Baby Strollers and Prams Market: Reflecting a CAGR of 5.9% by 2032, Catering to Growing Demand for Multi-functional Solutions

In 2022, the global baby strollers and prams market valued at US$ 4.68 billion is expected to soar to US$ 8.31 billion by 2032, reflecting a CAGR of 5.9%. The market was valued at US$ 4.42 billion in 2021. This increase in market value can be attributed to the rising demand from customers for multi-functional strollers.

The market is anticipated to benefit from the growing adoption of prams for safe baby travel and the rising travel trends among an expanding population during the forecast period. Market players are concentrating on manufacturing innovative products to meet consumer demands.

Request our report sample Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-8466

More parents are worried about keeping their babies safe and clean. This is making the worldwide business of baby care grow a lot in terms of how much people spend on it. Because of this, all over the world people now want more baby care stuff like diapers for little kids. This includes things to wash them and products such as pushchairs or prams made just for babies too. People have been buying baby strollers and prams, which are very important for taking care of babies, a lot.

Parents want more baby strollers and prams, so makers are thinking to make new products that fit the different wants of their customers. diapers, baby

Factors Hampering Baby Strollers and Prams Market

Affordability Issues in Developing Nations: The inability to afford baby strollers and prams in developing or underdeveloped nations is anticipated to hinder market growth.
Potential Boost from Online Retailing: The emergence of online retailing platforms is expected to provide a significant boost to the industry by offering more accessible purchasing options to consumers.
Rising Purchasing Power: The increasing purchasing power of consumers, particularly in emerging economies, is likely to further support market growth by offsetting affordability challenges.
Forecasted Market Expansion: Despite affordability issues, the market is expected to grow in size during the forecast period, fueled by the combined effect of online retailing and rising consumer purchasing power.

Request the Full Report Methodology Now: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-8466

Thus owing to above mentioned factors triggers the overall demand for global baby strollers and prams market.

Baby strollers and prams are one such products that facilitates such convenience and catering to the requirements of concerned parents. Moreover, there are government bodies that have taking steps with regards to babies’ safety. Regulatory bodies such as ASTM, CEN, and ACCC have enforced standards & regulations to ensure that baby strollers and prams protect babies from the known safety hazards that have caused accidents in the past.

Global Baby strollers and prams Market: Key Players

Dorel Industries Inc.
Pigeon Corporation
Newell Brands Inc.
Summer Infant Inc.
Beingmate Group Co. Ltd.
Artsana S.p.A.
Kolcraft Enterprises Inc.
Thule Group AB
Bugaboo International B.V.
Phil & Ted Most Excellent Buggy Co. Ltd
Peg Perego S.p.A
Baby Trend Inc.
iCandy World Ltd
Mamas and Papas Ltd
Me n Moms Pvt. Ltd
Bebecar-Utilidades Para CrianÇa, S.A.

Baby strollers and prams Market: Key Developments

In 2016, Newell Brands Inc. another key player in global baby strollers and prams acquired the business of Jarden Corporation for US$ 16 billion.
In 2014, Dorel Industries Inc., one of the key players in global baby strollers and prams announced the acquisition of juvenile business of Hong Kong- based Lerado Group specializing in the designing and manufacturing of infant products especially baby strollers and prams.

Gain Immediate Access to Detailed Market Insights: https://www.futuremarketinsights.com/checkout/8466

Key Segments Profiled in the Global Strollers and Prams Market

By Product:

Lightweight
Multi-optional System
Standard
Double/Triple
Jogging

By Age Group:

0-6 Month Infants
6-12 Month Infants
12-36 Month Infants

By Sales Channel:

Baby Boutiques
Specialty Stores
Modern Trade
Department Stores
Online Retailers
Other Sales Channels

By Region:

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

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 5000 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

Plastic Bag Market is Expected to Reach at a US$ 34,424.5 Million by 2033 | FMI

As per the latest report, the global plastic bag market value is estimated to reach US$ 24,673.5 million in 2023 and US$ 34,424.5 million by 2033. Over the assessment period, sales of plastic bags are projected to rise at a 3.4% CAGR.

Polyethylene (PE) remains the most widely used material among plastic bag manufacturers. This is attributable to its flexibility, durability, low cost, and other attractive features. The target segment is set to thrive at a 3.1% CAGR through 2033.

Plastic bags are consistently witnessing a high level of adoption by the pharmaceutical sector. This is because they provide a robust barrier against external factors, preserving the quality of medications.

Plastic bags also adhere to strict regulatory requirements for pharmaceutical packaging in terms of safety, labeling, and information. As a result, they are widely used by pharmaceutical companies, which would augment the market.

Request a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-18128

The healthcare and pharmaceutical sectors are also experiencing significant growth globally, driven by the increasing demand for medications, surging chronic diseases, and the need for innovative treatments. This will likely create new growth opportunities for plastic bag manufacturers.

As per data from the European Federation of Pharmaceutical Industries and Associations (EFPIA), the overall production of pharmaceuticals increased by over 50% in the last ten years. This growth is consequently having a positive impact on the market for plastic bags. Several manufacturers have also started providing sustainable plastic bags for pharmaceutical and healthcare applications owing to the evolving scenario of healthcare-based regulations.

Key Takeaways from the Plastic Bag Market Study-

The global plastic bag market is projected to reach a valuation of US$ 34,424.5 million by 2033.
By bag type, the garbage bag segment is set to hold a market share of 36.1% in 2033.
Based on material, the polyethylene segment is expected to total US$ 21,137 million by 2033.
By end-use, the retail segment is anticipated to hold a share of around 42.4% in 2033.
The United States plastic bag market value is set to reach US$ 4,215.7 million by 2033.
Sales of plastic bags in Japan will likely rise at a 3.9% CAGR between 2023 and 2033.
Plastic bag demand in India is projected to increase at a CAGR of 4.3% during the forecast period.

Get in Touch with Our Sales Team to Secure Your Copy of the Report Now! https://www.futuremarketinsights.com/checkout/18128

“The surging demand for convenience packaging solutions, driven by population growth and high disposable income, is positively influencing the plastic bag market. Besides this, the growing food service and healthcare sectors will positively impact plastic bag sales through 2033,” – says an analyst at Future Market Insights (FMI).

Manufacturers Offering Customized Products to Gain a Competitive Edge

The inclusion of custom products in the offerings of plastic bag manufacturers provides them with a distinct competitive advantage. By catering to the unique needs and preferences of customers, manufacturers can deliver tailored solutions that set them apart in the market. Moreover, this approach has not only enhanced customer satisfaction but also fostered stronger relationships and loyalty. Owing to these benefits, several key players would provide custom manufacturing.

For instance,

International Plastics is involved in the provision of custom manufacturing services for several end-use industries through its extrusion, printing, and converting technology.
AEP Group is involved in the provision of bagging services through which it custom manufactures plastic bags of varying capacities and features.

Rapid Economic Growth Presents Lucrative Opportunities for Manufacturers

The swift and significant penetration of end-use industries in developing regions is presenting lucrative opportunities for plastic bag manufacturers. As economies in these regions experience substantial growth and evolving consumer preferences, the demand for packaging solutions, particularly in sectors such as food and beverages, personal care, pharmaceuticals, and household products, is on the rise.

For instance,

As per data from the United States International Trade Administration, the personal care industry in China grew by around 10% in 2021.

The trend is further driven by a combination of factors, including increasing disposable income, urbanization, changing lifestyles, and a burgeoning middle-class population. For instance, data from the Intergovernmental Panel on Climate Change (IPCC) suggests that over 95% of all urbanization will take place in the developing world by 2030.

The shift in global goods production toward Asia is also leading to growing consumerism amongst the developing regions, thereby facilitating a change in lifestyle and consumption habits. Data provided by the Pew Charitable Trusts reveal that around 80% of the middle-class population is concentrated in developing nations.

Plastic bag manufacturers can exploit this shift and expand into the developing and emerging regions through acquisitions and facility expansions. Collaboration with local partners and distributors is another key strategy for manufacturers to establish a strong market presence in these regions.

Competitive Landscape

Berry Global Group, Inc., Bischof & Klein GmbH & Co. KG, Novolex Holdings, Inc., International Plastic Inc., AEP Industries Inc., ProAmpac LLC, CeDo Ltd., and Amcor Plc are prominent plastic bag manufacturers profiled in the report.

Key companies are adopting different strategies to boost their sales and expand their footprint. These include new product launches, mergers, partnerships, facility expansions, and adoption of sustainable materials. For instance,

In February 2022, ProAmpac LLC acquired Belle-Pak Packaging, an award-winning flexible packaging manufacturer of plastic medical and clinical bags.

Market Segmentation

By Print Type:

Flexographic
Typographic
Transparent

By Basis Weight:

Up to 40 GSM
41 to 60 GSM
Above 61 GSM

By Application:

Confectionery
Sweets
Chocolate
Gum
Cough Drop

By Region:

North America
Europe
Asia Pacific
Latin America
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

Candy and Twisting Paper Market is Expected to Record a Valuation of US$ 284.2 Million by 2034 | FMI

The candy and twisting paper market is expected to experience significant growth from US$ 184.8 million in 2024 to US$ 284.2 million by 2034. The demand for confectionery packaging for edibles is likely to increase at a CAGR of 4.40% during the forecast period.

The growth of the candy and twisting paper market can be attributed to the rising demand for anti-microbial packing materials. This trend is expected to continue as the demand for safe and hygienic packaging materials is rising. The report indicates that the growth in the market is primarily driven by the increasing demand for confectionery packaging solutions that offer enhanced protection and longer shelf life for edible products.

Request a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-18241

Achieving a perfect twist in wrapped candies requires a film with exceptional twist retention, machinability, thermal and mechanical properties, and high gloss. Polyphane Twist is a polyethylene film that wraps candies, chocolates, and other sweets.

A single wrapper twist sufficiently keeps the candy fresh, preserving its flavor, texture, and shape. The key advantages of polyphane twist films are their excellent dead fold, increased yield, attractive glossy appearance, and resistance to product or humidity-related reactions. Unlike other materials like cellophane, paper, and PVC, polyphane twist is a non-halogen material that can be recycled.

The growing awareness among consumers regarding sustainable packaging and the enforcement of strict regulations by various environmental protection agencies has resulted in the acceptance of eco-friendly packaging products. Significant modifications in corporate policies, trade regulations, government policies, and consumer preferences have led to a substantial move towards environmentally friendly solutions.

“Confectionary packaging is a fast-growing industry with substantial research and development to provide hassle-free wrapping. Both established companies and start-ups are setting the standards for enhanced packaging to meet the consumer’s demand. Moreover, the demand for wholesale paper bags in developing economies such as India and China is expected to increase due to urbanization and bans on plastic.” – opines an FMI analyst.

Get in Touch with Our Sales Team to Secure Your Copy of the Report Now! https://www.futuremarketinsights.com/checkout/18241

Key Takeaways from the Candy and Twisting Paper Market

The market captured a CAGR of 3.60% in the historical period between 2019 and 2023.
India is anticipated to dominate the global market by registering a 7.10% CAGR during the forecast period.
With a 6.50% CAGR, China is driving the global market by 2034.
Japan is anticipated to secure a CAGR of 3.50% in the global market during the forecast period.

Key Strategies

The improvement in candy wrapping materials and adherence to current candy packaging trends propel market growth. There is a high level of fragmentation in the candy and twisting paper market, with various significant players seeking innovative and advanced sweet packaging materials and processes. Candy manufacturers are also receiving increasing regulatory clearance and approvals to enhance their marketing portfolios. For the development of their market shares, key players have introduced temporary tattoos within the candy wrappers.

Recent Developments in the Candy and Twisting Paper Market

TerraCycle, an innovative recycling company, developed a Zero Waste Box in October 2023 for disposing of candy wrappers and sweets wrapping materials.
The Palmer Candy Company celebrated the 100th anniversary of Bing Candy’s creation in October 2023, replicating the original recipes and wrapping paper for the special occasion.

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

Asia Leads the Charge: Automotive Key Market to Reach US$ 14.1 Billion by 2034

The global automotive key market value is forecast to increase from US$ 6,620.8 million in 2024 to US$ 14.1 Billion by 2034. The demand for automotive keys is projected to surge at a CAGR of 7.9% between 2024 and 2034.

Key Takeaways

The transponder keys segment in the product type category is expected to lead the market, acquiring a valuation of US$ 6,476.5 million in 2024.
In the vehicle type category, LCV segment is expected to attain a valuation of US$ 1,414.4 million in 2024.
The OEM segment in the sales channel category is expected to lead the market, acquiring a valuation of US$ 6,267.2 million in 2024.
In 2024, the East Asia automotive key market is estimated to have an overall share of 41.0%.
The United States automotive key market to achieve a valuation of US$ 823.6 million in 2024.

“The increasing sales of vehicles and the development of security technology drive the continuous market expansion of automotive key. Essential automotive key vendors have avenues due to the expanding market, changing consumer tastes, and growing integration of smart features.” says an analyst at Future Market Insights.

Request Sample Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-18887

Technology developments and changing consumer tastes contribute to market expansion. Due to their increased security features and ease of use, keyless entry systems with proximity sensors and remote capabilities are becoming increasingly popular. With greater customization and theft protection, biometric authentication, such as fingerprint and facial recognition, is emerging.

Key designs are changing to accommodate new features like remote start and automated parking as the automotive key industry moves toward electrified and driverless automobiles. Keys are becoming more complex digital access tools as the automotive sector moves toward connectivity and digitalization. They interact with smartphone apps and vehicle-to-infrastructure communication networks. The automotive key market is expected to grow rapidly, emphasizing security, convenience, and integration with emerging technologies.

Regional Outlook

Due to its fast urbanization and growing middle class, which encourage greater car ownership, Asia Pacific currently dominates the car key market. The mature automotive market in North America is characterized by a desire for larger cars like trucks and SUVs, supported by low gas prices and consumer demand for roomy, adaptable vehicles. The move toward electric vehicles impacts the European automotive key market, compelling demand for cutting-edge keyless entry and start systems.

Competitive Landscape

There is intense competition in the automotive key industry, with key competitors developing novel concepts to take market share. While younger automotive key vendors upset the sector with innovative technologies and business strategies, established corporations use their extensive distribution networks and brand reputation to preserve dominance.

As automotive key manufacturers work to provide comprehensive solutions to satisfy changing customer demands, partnerships and cooperation among vendors amplify the scene. Regulatory requirements and technical breakthroughs shape the competitive strategies of leading automotive key suppliers, which also impact market dynamics.

Recent Developments

International Key Supply (IKS), a specialist supplier of automotive keys, remotes, and related accessories, was purchased by Automotive Keys Group (AKG) in April 2021 in collaboration with Management. AKG’s e-commerce presence was bolstered, and its product offers expanded through this calculated approach.
Strattec spent over US$ 9.8 million and US$ 10.8 million on research and development in 2020 and 2021, respectively. The company works on projects related to automotive access control through research and development. A key research focus is the growing role of vehicle access through electronic interlocks and other means of consumer-car permission data communication. Specialized data collection tools are also created to support ongoing quality improvements and more effective product development.

Elevate Your Business Strategy! Purchase the Report for Market-Driven Insights:
https://www.futuremarketinsights.com/checkout/18887

Key Segments

By Product Type:

Plastic and Metal Head Key
Transponder Key

By Vehicle Type:

2-Wheelers
3-Wheelers
Passenger Cars
- Compact
- Mid-Size
- SUV
- Luxury
LCV
HCV

By End Use:

OEM
Aftermarket

By Region:

North America
Latin America
Western Europe
Eastern Europe
East Asia
South Asia Pacific
The Middle East and Africa

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

Liquid Packaging Board Market is Anticipated to Rise at a CAGR of 2.7% through 2034 | FMI

The liquid packaging board market is estimated to record a valuation of US$ 10.4 billion in 2024. The sales of liquid packaging boards are anticipated to expand at a moderate CAGR of 2.7% through 2034. The market is expected to cross US$ 13.5 billion by 2034.

The liquid packaging board industry is primarily driven by the increasing global emphasis on sustainability and environmental conservation. As consumers become more conscious of their ecological footprint, there is a growing demand for packaging materials that are renewable, recyclable, and biodegradable. Additionally, regulatory initiatives to reduce plastic waste and promote sustainable packaging solutions further accelerate the adoption of liquid packaging boards in various industries.

Request a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-4420

Despite the growing demand for liquid packaging boards, the industry faces certain restraints that hinder its widespread adoption. One significant challenge is the higher cost associated with producing liquid packaging boards compared to traditional packaging materials.

Limitations in barrier properties and moisture resistance may restrict the use of liquid packaging board in certain applications, particularly those requiring extended shelf life or exposure to harsh environmental conditions. Furthermore, market fragmentation and lack of standardized manufacturing processes pose challenges for scalability and cost efficiency in the liquid packaging board industry.

The liquid packaging board industry presents promising opportunities for growth and innovation, particularly with the rising consumer preference for sustainable packaging solutions. Furthermore, strategic partnerships with recyclers and waste management facilities can facilitate the development of closed-loop recycling systems, thereby addressing sustainability concerns and creating a competitive advantage in the market. Moreover, the increasing adoption of eCommerce and home delivery services offers new avenues for the application of liquid packaging board in packaging solutions tailored for online retail channels.

One of the notable trends in the liquid packaging board industry is the integration of advanced technologies to improve product performance and functionality. Manufacturers are investing in innovative coating technologies and barrier solutions to enhance the moisture resistance, printability, and shelf-life extension of liquid packaging boards. There is a growing emphasis on customization and personalization in packaging design, driven by the need to differentiate products and enhance brand visibility on retail shelves. Moreover, the adoption of digital printing techniques enables cost-effective short runs and on-demand printing, catering to the evolving needs of brand owners and consumers for flexible packaging solutions.

Get in Touch with Our Sales Team to Secure Your Copy of the Report Now! https://www.futuremarketinsights.com/checkout/4420

Key Takeaways from the Market Study

The liquid packaging board industry in the United States is anticipated to rise at a CAGR of 1.6% through 2034.
The liquid packaging board industry in the United Kingdom is projected to rise at a CAGR of 1.1% through 2034.
China’s liquid packaging board industry is likely to witness expansion at a CAGR of 4.5% through 2034.
India’s liquid packaging board market is anticipated to expand at a CAGR of 5.5% through 2034.
Japan’s industry is anticipated to rise at a CAGR of 1.9% through 2034.

Competitive Landscape

The industry may witness further consolidation through mergers and acquisitions. This allows companies to expand their geographic reach, product portfolios, and production capacity. Additionally, strategic partnerships between manufacturers, raw material suppliers, or recycling companies can create a competitive edge by optimizing resource management and cost efficiency.

Sustainability is a crucial driver of competition. Companies that prioritize eco-friendly practices, such as using recycled content, implementing sustainable forestry practices, and developing biodegradable board options, can attract environmentally conscious consumers and businesses. Moreover, continuous innovation in areas like barrier technology, printability, and functionality of liquid packaging boards can create differentiation and cater to evolving customer needs.

Cost competitiveness remains a significant factor, especially in price-sensitive markets. Manufacturers must optimize their production processes, strategically source materials, and explore alternative materials to maintain affordability. Additionally, regional players in emerging markets with lower production costs can challenge established players, particularly in their local markets.

Recent Developments:

BillerudKorsnäs presented a new paperboard barrier technology with enhanced oxygen and grease resistance, making it ideal for packaging a broader range of liquid products, including sensitive oils and dairy alternatives.
Clearwater Paper has announced a strategic acquisition to enter the European market to expand its worldwide reach and market dominance in the liquid packaging board area.
Elopak remains a key player in the aseptic packaging area, having recently introduced new, lightweight aseptic carton designs that improve sustainability while retaining product integrity.

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

Potassium Formate Market on the Rise: CAGR of 4.7% to Propel Market to US$ 1190 Million by 2033

The global potassium formate market is anticipated to attain a valuation of US$ 746.13 million in 2023 and is projected to accumulate over US$ 1190 million by 2033, exhibiting a CAGR of 4.7% during the forecast period.

Potassium formate is gaining attention as a heat-transfer liquid in various industries. Also, the growing emphasis on sustainability has prompted end-use sectors to explore viable solutions for heating and cooling processes, making potassium formate a promising alternative.

Producers are now prioritizing heat transfer fluids based on potassium formate for refrigeration systems, replacing calcium chloride and other brine solutions due to their premium quality. Moreover, governments are also taking initiatives to support the refrigeration industry, promoting access to sustainable cooling solutions.

Request for a Sample of this Research Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-9834

In March 2019, the government of India launched the India Cooling Action Plan (ICAP), outlining measures to reduce cooling demand, transition to better refrigerants, improve energy efficiency, and adopt advanced technology over 20 years. Potassium formate-based refrigerated systems are gaining traction in the commercial sector due to their non-toxic and non-hazardous properties, offering a promising technology option.

The surging demand for safe and eco-friendly heat transfer fluids is propelling potassium formate’s significance in the growing refrigeration industry, leading to substantial market growth during the forecast period.

The market growth for potassium formate is driven by the continuous pressure on end-use industries to reduce operating costs, enhance efficiency, and boost productivity. This pressure impacts the supply chain, pushing end-use suppliers to invest in research and development to meet customer demands.

Key requirements from end-users, such as divergent needs for protection, agility, and efficacy of drilling fluids, lead to the incorporation of smooth fluids and high chemical strength in the drilling process.

The demand for potassium formate brine solutions is increasing due to their ability to effectively remove snow from aircraft surfaces without posing hazards, making them preferable over other alternatives on the market. Consequently, the growing demand for potassium formate in various applications acts as a driving force behind the market’s expansion.

Key Takeaways

The demand for potassium formate in China is projected to rise with a promising CAGR of 4.9% during the forecast period.
The market in North America is expected to thrive with a CAGR of 4.6% during the forecast period.
The United Kingdom market is anticipated to expand at a CAGR of 4.3% during the forecast period.

“Increasing pressure on end-use industries to reduce operating costs, enhance efficiency, and boost productivity is expected to drive the demand for potassium formate during the forecast period,”– comments an FMI Analyst

Competitive Landscape

The market for potassium formate is characterized by extreme competition, as key industry players are making significant investments to improve their manufacturing capabilities.

Recent Developments in the Potassium Formate Market

In September 2022, OCOchem, a developer of innovative electrochemical technologies, received an extension of its US$ 1.1 million contract from the United States Army.
In 2021, BASF SE launched a new range of potassium formate-based fluids for aviation de-icing and anti-icing applications, offering superior performance and environmental advantages over conventional sodium formate or potassium acetate fluids.
In August 2021, Perstorp Potassium Formate obtained fertilizer certification, meeting all the regulations outlined in EC 2002/2003.
In 2021, Merck KGaA introduced the Calsalix range, a new line of potassium formate-based fluids designed for the oil and gas industry’s drilling and completion applications.

Valuable Insights Available

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

To understand opportunities in the potassium formate market, the market is segmented based on form, application, and region.

Elevate Your Business Strategy! Purchase the Report for Market-Driven Insights:
https://www.futuremarketinsights.com/checkout/9834

Key Companies Profiled

BASF SE
Evonik Industries
Honeywell International Inc
Cabot Corporation
Addcon GmbH
Dynalene Inc.
Perstorp Holding AB
GELEST, INC
Tomiyama Pure Chemical Industries, Ltd.
ICL
TETRA Technologies, Inc.

Key Segments Profiled in the Potassium Formate Market Industry Survey

By Form:

Brine (Liquid)
Powder (Solid)

By Application:

Drilling Fluid
De-icing
Heat Transfer Fluid
Others (fertilizer, feed)

By Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
The Middle East and Africa

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

Automotive E-Tailing Market to Reach US$ 268 Billion by 2034 at a CAGR of 13.4%

The automotive e-tailing market is estimated to be worth US$ 76.4 billion in 2024 and is projected to be valued at US$ 268 billion by 2034. Between 2024 and 2034, the market is predicted to rise at a CAGR of 13.4%.

Key Takeaways from the Market Report

From 2019 to 2023, the automotive e-tailing market expanded at a CAGR of 16.9%.
Based on vehicle type, the passenger vehicle segment is expected to rise at a CAGR of 13.2% from 2024 to 2034.
The automotive e-tailing demand in China is predicted to grow at a CAGR of 13.9% through 2034.
In the United States, the automotive e-tailing industry is estimated to register a CAGR of 13.7% from 2024 to 2034.
The United Kingdom is projected to expand by a value CAGR of 14.7% between 2024 and 2034.
The automotive e-tailing market in Japan is anticipated to record a CAGR of 14.9% during 2034.

“The automotive e-tailing market is being propelled by increasing convenience of shopping online for automotive products, including parts, accessories, and tools.” – Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.)

Gain expert insights and supercharge your growth strategies. Request our market overview sample: https://www.futuremarketinsights.com/reports/sample/rep-gb-18908

Increasing internet penetration worldwide provides a broader consumer base with access to online platforms, facilitating the growth of e-tailing in the automotive sector.

The automotive industry’s ongoing digital transformation involves the adoption of online platforms for various aspects of the buying process, contributing to the growth of e-tailing. E-tailing offers consumers a convenient and time-efficient way to browse, compare, and purchase automotive products without the need to visit physical stores.

The prevalence of smartphones and the rise of mobile commerce enable consumers to shop for automotive products using mobile devices, contributing to the market’s growth.

E-tailers provide a wide range of automotive products, including original equipment manufacturer (OEM) parts, aftermarket accessories, tools, and maintenance items, meeting the diverse needs of vehicle owners. Growing environmental awareness leads to increased demand for eco-friendly automotive products, often available through e-tailing platforms, contributing to market growth.

Elevate Your Business Strategy! Purchase the Report for Market-Driven Insights:
https://www.futuremarketinsights.com/checkout/18908

Competitive Landscape

Market participants in the automotive e-tailing sector are actively engaging in collaborations with original equipment manufacturers (OEMs), aftermarket suppliers, and various industry stakeholders to broaden their product portfolios, ensuring a diverse and comprehensive inventory.

Strategic partnerships with logistics firms have been established to optimize supply chain operations, guaranteeing efficient management and timely deliveries. These players are committed to providing an expansive and varied product catalog, encompassing a wide array of automotive parts, accessories, and tools to cater to the diverse needs of their customers.

eBay’s automotive category allows sellers to list new and used automotive parts and accessories for buyers to purchase through an auction or fixed-price format.
Continental is a major automotive supplier known for tires, electronics, and other components. Continental’s products are available through various channels, including e-tailing platforms.
Delticom is a European e-commerce company specializing in tires and automotive accessories. Delticom operates online tire shops and automotive e-tailing platforms.

Key Companies Profiled

Flipkart
Wal-Mart Stores Inc.
O’Reilly Automotive Inc.
Robert Bosch GmbH
E-bay Inc.
Continental AG
Delticom AG
Alibaba Group Holding Ltd
AutoZone Inc.
Advance Auto Parts Inc.

Request Report Methodology:
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-18908

Report Scope

Attributes	Details
Estimated Market Size in 2024	US$ 76.4 billion
Projected Market Valuation in 2034	US$ 268 billion
Value-based CAGR 2024 to 2034	13.4%
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	Value in US$ billion
Key Countries Profiled	The United States Canada Brazil Mexico Germany The United Kingdom France Spain Italy Russia Poland Czech Republic Romania India Bangladesh Australia New Zealand China Japan South Korea GCC countries South Africa Israel

Automotive E-Tailing Market – Key Segments

By Vehicle Type:

Passenger Cars
Commercial Vehicles
Two-Wheeler

By Components:

Infotainment
Interior Accessories
Engine Components
Tires
Electrical Products

By Vendor:

OEM Vendor
Third-Party Vendor

By Product Label:

Branded
Counterfeit

By Region:

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

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)

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

Cargo Bike Tire Market to Reach US$ 650 Million by 2033 (Europe CAGR 12.3%)

The global cargo bike tire market is anticipated to attain a valuation of US$ 201.4 million in 2023 and is estimated to reach US$ 650 million by 2033. During the forecast period, a CAGR of 12.4% is expected for the market.

Germany’s cargo bike tire industry is expected to increase rapidly, accounting for more than 30% of Europe’s total. The region’s demand for cargo bike tyres is predicted to increase at a CAGR of 12.3% over the forecast period. The actual expansion has happened in the cargo bike sector, which is mostly independent of the government and the powerful automobile industry, and is driven by local efforts and tiny new enterprises.

Request a Sample of this Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-13694

Key Takeaways

Germany cargo bike tire market is expected to grow with a CAGR of 12.3% during the forecast period.
The demand for cargo bike tire in United States is expected to grow with a CAGR of 12.1% during the forecast period.
By product type, tubeless tire segment is projected to grow with a CAGR of 12.9% during the forecast period.

“Rising demand for eco-friendly transportation is expected to boost market growth during the forecast period,” comments an FMI analyst.

Competitive Landscape

The market for cargo bike tire is highly competitive, with numerous prominent industry players making substantial investments in increasing their manufacturing capabilities.

The key industry players Continental AG, Cheng Shin Rubber Ind Co., Ltd., The Goodyear Tire & Rubber Company, Trelleborg (Mitas), Michelin, Ralf Bohle GmbH (Schwalbe), Trek Bicycle Corporation, Hutchinson, Kenda Tires, PT. Inustri Karet Deli, Zhongce Rubber Group Company Limited, Ralson Tyres, Metro Tyre, Panaracer Corp, Vittoria S.p.A, WTB, HWA Fong Rubber Co., Ltd. (Duro Tires).

Some key developments in the cargo bike tire market are:

In May 2021, Schwalbe (Ralf Bohle) made history by introducing the Schwalbe Pick-Up, the world’s first tire designed exclusively for cargo bikes.
Continental AG introduced the Ultra Sport III in 2020, catering to bicycle enthusiasts seeking a high-quality yet affordable sport tire. This new product offers excellent traction and grip, delivering exceptional performance at a budget-friendly price point.
Radio Flyer introduced a compact folding cargo electric bike in November 2022.
In July 2022, Amazon made a significant announcement by introducing its inaugural fleet of electric cargo bikes, specifically designed to navigate the bustling streets of London.

Direct Purchase of this Report:
https://www.futuremarketinsights.com/checkout/13694

Key Segments Profiled in the Cargo Bike Tire Industry Survey

By Product Type:

Tube
Tubeless

By Tire Size:

Below 20
20-24
26
27.5
Others

By Cargo Bike Type:

Two-Wheeled
Three-Wheeled
Four Wheeled

By Sales Channel:

OEM
Aftermarket

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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
Browse All Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs

Atelocollagen Market: Projected to Register a CAGR of 5.5% by 2032, Unlocking Growth Potential in Biomedical Applications

During the forecast period, the atelocollagen market is projected to register a CAGR of 5.5%, increasing from US$ 7.8 billion in 2021 to reach a valuation of US$ 14 billion by 2032.

Because atelocollagen makes your skin feel better, more people want to use it. They are using it in products that take care of the skin naturally. Sources often find three varieties of atelocollagen: bovine, porcine, and shark. Besides these three, there is also a type of atelocollagen called tilapi.

The atelocollagen market is anticipated to show promising growth prospects during the forecast period as a result of growing competition. New competitors are offering a variety of options at reasonable pricing to fulfill the demand for atelocollagen, making it more accessible to customers in the global atelocollagen market.

Get your Sample Report to Boost Your Industry Knowledge for Valuable Insights! https://www.futuremarketinsights.com/reports/sample/rep-gb-10362

Market Dynamics

Atelocollagen is used in natural skin care products due to its hydrating agent property. In general, three types of atelocollagen are found by sources – bovine, porcine, and shark. Apart from these three, there is another type of atelocollagen seen as tilapi. These atelocollagen have a moisturizing effect and used in skin lotion, cream, beauty essences for the cosmetic industry.

In recent days, manufacturers are using atelocollagen into their products owing to its several benefits related to human skin. Apart from its skincare benefits, it is .also known for its high degree of purity and high plasticity, which make it a perfect cosmetic protein. Atelocollagen is biodegradable; it means it can easily use in the field of cosmetics, medical devices, and in medicine. Its high elasticity allows it to reengineer into different shares such as powder, gel, films, sponge-like structure etc.

Thus it can be easily used in different industries in different forms. These properties and features represent the benefits of using atelocollagen into different products and thus there has been a significant usage recorded into the industry in past few years.

Request the Full Report Methodology Now!
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-10362

Atelocollagen is also used in tissue regeneration which further rises the demand for atelocollagen across the globe. The players across the global are focused on an innovation such as cell tissue engineering in cosmetics and other applications. Manufacturers of atelocollagen are continuously investing into their R&D to come up with new products every time. Atelocollagen manufacturers have already contributed to a higher quality of life for millions by providing a wider usage of atelocollagen into several industries with their respective products.

Atelocollagen Market: Regional Outlook

Atelocollagen market has experienced a significant demand in the market owing to its features such as it can be shared in different forms i.e., powder, gel and presence of anti-aging and other skincare properties drive the demand of atelocollagen. Growing skincare concern among population boosts the sale of anti-aging and skin-repairing products, which further drives the demand for atelocollagen products.

The North America market is expected to hold the highest share among all other region followed by Europe. The Asia Pacific region is expected to grow at a significant pace due to the increasing demand from China, Japan, India, Korea, and other countries in this region. The Middle East & Africa is projected to contribute a significant share of the global market over the forecast period.

Atelocollagen Market: Key Players

Some of the major players in the atelocollagen market are Koken Co.,Ltd, Colway International S.A. , Integra LifeSciences, Innocoll GmbH, Sewon Cellontech Co., Ltd., Shengchi, Taike Bio, Collagen Solutions, Collagen Matrix, Symatese, Shuangmei, Maverick Biosciences, REPROCELL USA Inc., Stryker, interchim, Encoll, and DSM, and others.

Gain Immediate Access to Detailed Market Insights: https://www.futuremarketinsights.com/checkout/10362

Key Segments For Atelocollagen Market

Based On Sources

Bovine
Porcine
Shark
Other

Based On Form

Liquid
Gas
Gel

Based On Application

Cosmetics
Medicine
Medical Devices
Food & Supplements
Others

Based On Region

North America (USA, Canada)
Latin America (Mexico, Brazil)
Europe (Germany, United Kingdom, France, Italy, Spain, Poland, Russia)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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

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

Corrugated Fiberboard Market is Expected to Reach at a US$ 187.9 Billion by 2033

The corrugated fiberboard market is set for significant expansion between 2023 and 2033, with a forecasted average Compound Annual Growth Rate (CAGR) of 5.9%. In 2023, the market is expected to commence at a valuation of US$ 105.9 billion, and by the year 2033, it is projected to claim a substantial market share of US$ 187.9 billion. This growth trajectory signifies a robust market demand for corrugated fiberboard products and their diverse applications in various industries worldwide.

In 2021, there was a notable surge in the demand for combination flutes corrugated fiberboard, creating a substantial absolute opportunity amounting to US$ 24.4 billion, as reported by FMI. Furthermore, in 2022, the corrugated fiberboard market witnessed the top five key players collectively holding a market share that ranged between 10% and 15%. These statistics underscore the growing market demand for corrugated fiberboard products, particularly those utilizing combination flutes, as well as the competitive landscape within the industry.

Corrugated fiberboard is non-toxic and 100% reusable. It is lightweight and has excellent shock-absorbing capacity. The corrugated fiberboard sheet is made up of paper. Due to such benefits, fiberboard carton packaging is estimated to gain traction in the global market.

Get Exclusive Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-11345

Key features and aspects related to corrugated fiberboard:

Structure:
- Corrugated fiberboard consists of three layers: the corrugated medium and two liners. The corrugated medium provides strength and rigidity, while the liners serve as protective outer layers.
Composition:
- The liners of corrugated fiberboard are typically made from kraft paper, which is known for its strength and durability. The corrugated medium is made from fluted paper, and the combination of these materials creates a sturdy packaging material.
Flutes:
- The corrugated medium features a series of parallel ridges and valleys known as flutes. The flutes contribute to the strength of the material, providing cushioning, impact resistance, and structural support.
Variety of Flute Profiles:
- Corrugated fiberboard comes in various flute profiles, each offering different performance characteristics. Common flute profiles include A, B, C, E, and F, with variations in size and spacing to meet specific packaging requirements.
Strength and Durability:
- The corrugated structure of the fiberboard imparts strength and durability to the material. It can withstand stacking, compression, and external forces, making it suitable for protecting goods during transportation and storage.

Top Market Trends

As a testament to its commitment to sustainability, numerous manufacturers are embracing corrugated fiberboard as a key component of their packaging solutions. By doing so, they not only reduce their carbon footprint but also actively promote a greener and more environmentally responsible future.

Corrugated fiberboard stands out as an eco-friendly champion in the realm of packaging materials. Renowned for its exceptional recyclability and sustainability, corrugated fiberboard is a renewable resource that contributes significantly to environmental conservation efforts. This versatile material can be repurposed in various ways and effortlessly broken down for recycling. Impressively, it can undergo recycling processes up to 25 times, making it a true recycling champion, all while being capable of natural decomposition.

One of the standout features of corrugated fiberboard is its unique fluted structure, which imparts remarkable durability and strength. This structure serves as a formidable shield, safeguarding packaged items from potential external damage. Furthermore, its lightweight nature helps optimize shipping costs, making it an economical choice for businesses while still providing robust protection for their products.

Buy This Exclusive Report: https://www.futuremarketinsights.com/checkout/11345

Key Market Players:

Georgia-Pacific
W.E. Roberts
Stora Enso
Nuttall Packaging
Oji Holdings Corporation
Corrugated Packaging Alliance
Fencor Packaging Group Limited
Durham Box
ABBE CORRUGATED
Board24
Smurfit Kappa
Mondi
Jaineeket Enterprises
Shanghai Lehui Packaging and Printing Co., Ltd.

Competitive Landscape

The global corrugated fiberboard market is highly fragmented and competitive with the presence of several local and regional companies. Moreover, key players are focusing on mergers & acquisitions, expansions, collaborations, and partnerships to strengthen their positions in the market. They are also developing new corrugated fiberboards to attract a large consumer base.

Recent Developments:

In November 2021, Boix Machinery India participated in India Corr Expo to showcase its new products. Further, the company has expanded its production capacity and enhanced the stacking strength of its specialized corrugated boxes for fruit exports to lower the rejection of fruits due to bruising amid shipping.
2. In May 2021, Mondi confirmed that it has completed the acquisition of Olmuksan. This acquisition is going to help Mondi to strengthen its position in the fast-growing corrugated market of Türkiye, as Olmuksan has a diverse customer base and was a key player in the Turkey corrugated packaging industry.

Request Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-11345

Segmentation:

By Flute Type:

Flute A
Flute B
Flute C
Combination Flutes
Micro Flutes

By Board Type:

Single Wall
Double Wall
Triple Wall

By End Use:

Food & Beverages
E-commerce
Pharmaceuticals
Cosmetics & Personal Care
Electrical & Electronics
Automotive
Transportation & Logistics
Textile

By Regions Covered:

North America
- The United States
- Canada
Latin America
- Brazil
- Mexico
- Rest of Latin America
Europe
- Germany
- The United Kingdom
- France
- Spain
- Russia
- Rest of Europe
Japan
Asia Pacific Excluding Japan
- China
- India
- Malaysia
- Singapore
- Australia
- Rest of Asia Pacific Excluding Japan (APEJ)
Middle East and Africa
- GCC Countries
- Israel
- South Africa
- The Middle East and Africa (MEA)

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