#Airless Packaging Market Analysis

[pearlsmith25]

Airless Packaging Market: The Future of Packaging Sustainability

The airless packaging market has been experiencing significant growth and innovation in recent years. As consumer preferences shift towards sustainable and efficient packaging solutions, airless packaging has emerged as a key player in the packaging industry. This article explores the dynamics, trends, and factors driving the growth of the airless packaging market.

Market Overview

Airless packaging market, as the name suggests, is a type of packaging that eliminates the need for air to dispense the product. Unlike traditional pump or aerosol packaging, airless packaging relies on a vacuum system to dispense the contents. This innovative approach offers several advantages, making it an attractive choice for various industries, including cosmetics, pharmaceuticals, skincare, and food.

Key Drivers of Growth

Preservation of Product Integrity: Airless packaging provides an airtight environment that minimizes exposure to air and contaminants. This extends the shelf life of products, particularly in the skincare and cosmetics sectors, where the efficacy of active ingredients is crucial.

Sustainability: With growing environmental concerns, consumers are seeking sustainable packaging solutions. Airless packaging reduces product waste, as it allows users to access almost every drop of the product, reducing the need for single-use packaging and contributing to a reduction in plastic waste.

Hygiene and Safety: In the age of hygiene-conscious consumers, airless packaging ensures that the product remains uncontaminated and safe for use. This feature is particularly vital for pharmaceuticals, where sterility is paramount.

Customization and Branding: Airless packaging offers brands a unique canvas for creativity. The design and functionality of airless packaging can be customized to reflect the brand's identity and values, making it a powerful marketing tool.

Market Trends

Growing Demand in Cosmetics and Skincare: The cosmetics and skincare industry has witnessed a surge in demand for airless packaging due to its ability to preserve the integrity of high-end products. Brands are increasingly adopting airless containers to differentiate themselves in a competitive market.

Pharmaceutical and Medical Applications: Airless packaging is gaining traction in pharmaceuticals, as it ensures precise dosing, reduces contamination risks, and enhances patient safety. This trend is expected to continue with the increasing demand for pharmaceutical and medical products.

Sustainable Packaging Solutions: Environmental concerns are driving the adoption of airless packaging across various industries. As consumers become more conscious of their ecological footprint, brands are switching to airless packaging to demonstrate their commitment to sustainability.

Technological Advancements: Continuous innovation in airless packaging technology is expanding its applicability. Manufacturers are developing advanced dispensing systems and materials that enhance user experience and product performance.

Challenges

While the airless packaging market demand shows immense promise, it also faces certain challenges:

Cost: Airless packaging can be more expensive to produce compared to traditional packaging solutions, which may deter some brands from adopting it.

Recycling: Recycling airless packaging can be more complex due to its multi-component design, potentially creating challenges in waste management and recycling processes.

Education: Consumers and businesses need to be educated about the benefits and proper use of airless packaging to fully realize its potential.

Conclusion

The airless packaging market is on an upward trajectory, driven by the demand for product preservation, sustainability, and innovative packaging solutions. As industries such as cosmetics, skincare, pharmaceuticals, and food continue to embrace airless packaging, manufacturers and brands must work together to overcome challenges and capitalize on the opportunities presented by this transformative packaging technology. With its ability to enhance product shelf life, reduce waste, and meet the demands of a changing market, airless packaging is poised to remain a prominent player in the packaging industry for years to come.

[marketsndata]

Japan Cosmetics Packaging Market Analysis 2030

Japan Cosmetics Packaging market is a dynamic and thriving sector that plays a crucial role in the country’s cosmetics industry. With a strong focus on quality, innovation and aesthetics, the market is driven by several factors contributing to its growth and development. Sustainable packaging and traditional & cultural values also play a significant role in Japan cosmetics packaging market. Japan has a rich tradition of skincare and beauty products, and the cosmetics packaging market has evolved alongside it to meet the unique demands of Japanese consumers. Due to a considerable consumer base, who is looking for various beauty and personal care products, Japan cosmetics packaging market is showing an impressive growth rate. It is forecasted to grow at 5.14% CAGR between FY2024 and FY2031.

Japan cosmetics packaging market is expected to reach USD 3.69 billion in FY2031 from USD 2.47 billion in FY2023, driven by a shift from luxurious and elegant packaging for high-end products to functional and convenient designs for everyday use. With a deep-rooted culture of meticulous attention to detail and a commitment to excellence, the Japan cosmetics packaging market continues to drive innovation and shape the overall consumer experience in the cosmetics industry.

Japan is frequently referred to as one of the packaging design leaders in the sector, from designing packaging that provides a unique experience in opening the product to adding minor detailing in design that is helpful to disabled and visually challenged people to improve their user experience.

Minimalism and Simplicity

Japanese packaging and product design has a long history, and J-beauty goods are frequently created by precise packaging and graphic designers. The typical Japanese consumer is highly focused on design and demands aesthetically beautiful things, work well, and deliver the product. Japanese consumers appreciate minimalist and functional designs that offer simplicity and convenience. Japan cosmetics packaging market often focuses on clean lines, sleek designs and practical features that enhance the user experience. Functional packaging elements, such as pumps, airless containers and easy-to-use dispensers, are in high demand. Along with simplicity and minimalism, Japanese packaging techniques like origami and furoshiki with natural materials are still preferred.

The “Folded with Love” campaign from Shiseido urges visitors to share beauty with their loved ones. The campaign is inspired by origami, the Japanese art of folding paper.

Sustainable and Eco-Friendly Packaging

Sustainability is a significant trend in the Japan cosmetics packaging market. Consumers are increasingly conscious of environmental issues and seek products packaged in eco-friendly materials. Recyclable, biodegradable, and renewable packaging materials and reduced packaging waste are gaining popularity. Brands are also adopting eco-friendly practices in their packaging manufacturing processes.

Kao Corporation, a Japanese cosmetics company, has revealed new sustainability plans to eliminate plastic packaging waste by 2040.

As part of its vision for “Conscious Beauty,” the Japanese company Shiseido is the most recent cosmetics company to commit to reducing the amount of plastic in its packaging. Shiseido has shifted its attention to ethical solutions as consumer desire for businesses to improve, including utilizing ecological packaging, is rising. Shiseido to collaborate with papermaker James Cropper to implement its responsible packaging strategy.

Innovative Packaging Solutions and Differentiation

The Japan cosmetics packaging market is highly competitive, with numerous domestic and international cosmetics brands vying for consumer attention. Packaging plays a crucial role in brand positioning and product differentiation. To stand out, brands continuously seek innovative packaging designs, materials, and technologies that offer unique and eye-catching features. Japanese customers are very open to innovation and enjoy experimenting with new things, admiring fresh aesthetics and buying goods that will simplify their life. While there are some Japanese market-specific packaging patterns for cosmetics like refill solutions, innovated in Japan, and Monodoses.

Drinks giant Kirin Holdings Company has partnered with Japanese cosmetics company, Fancl, to transform waste from the brewing process into packaging material for cosmetics. Fancl has collaborated with Kirin’s Institute for Packaging Innovation Research to create more environmentally friendly plastic for its cosmetic products. The objective was to develop an alternative to PET, a plastic made from petroleum, which was used to package refills for Fancl’s powder foundation.

Focus on Quality Packaging

The Japan cosmetics packaging market is known for its focus on high-quality materials and finishes. Brands emphasize using premium materials, such as glass, high-quality plastics and metal accents, to create a luxurious and upscale image. The use of special finishes like metallic, matte or glossy effects adds an element of sophistication to the packaging. In the latest trend, pack weight to product weight ratios are gradually declining, packs are becoming smaller and yet more value is added to the pack. Because of the ageing population, cosmetics are promoted to an older demographic that requires more consumer-friendly, easy-to-use characteristics. Generally, more utility and beauty product packaging are getting simpler to open and use, which is essential for the elder market.

Impact of COVID-19

Implementing a lockdown to curb the spread of the deadly virus disrupted the market and caused a halt to operations in several manufacturing facilities. To ensure product integrity, there has been an increased emphasis on hygiene practices, such as tamper-evident seals and protective packaging. The pandemic reinforced the importance of sustainability in packaging practices. Consumers are increasingly conscious of the environmental impact of packaging waste, leading to a higher demand for eco-friendly and sustainable packaging solutions.

Brands that prioritize sustainability in their packaging choices will likely gain favour among environmentally conscious consumers. Japan cosmetics packaging market is expected to adapt to new consumer demands and explore innovative packaging solutions to meet the market’s evolving needs in the post-pandemic era.

Download Sample Report

Japan Cosmetics Packaging Market: Report Scope

“Japan Cosmetics Packaging Market Assessment, Opportunities, and Forecast, FY2017-FY2031F” is a comprehensive report by Markets and Data that provides an in-depth analysis and assessment of the current scenario of the Japan cosmetics packaging market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, COVID-19 impact, opportunities, and forecasts (FY2024-FY2031). Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business model, competitive intelligence, etc.

Click here for full report- https://www.marketsandata.com/industry-reports/japan-cosmetics-packaging-market

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[shubhampawrainfinium]

"Cosmetic Jars: Innovation in Packaging or Just a Luxurious Waste?"

Introduction

The cosmetic jars packaging market is integral to the beauty and personal care industry, offering both functionality and aesthetic appeal. These jars, designed to store and protect a wide range of cosmetic products, from creams and lotions to powders and gels, play a critical role in product presentation and preservation. As the beauty industry continues to evolve with growing consumer demands for innovation and sustainability, the market for cosmetic jars packaging is experiencing significant shifts. This report delves into the key dynamics, regional trends, market segmentation, competitive landscape, and future outlook for cosmetic jars packaging.

Market Dynamics

Drivers

Rising Demand for Personal Care Products: Increasing consumer interest in skincare and beauty products is driving the demand for cosmetic jars. The growth in the personal care sector is fueled by a rising awareness of skincare benefits and the expansion of product ranges.

Innovation in Packaging Materials: Advances in packaging materials, such as the development of lightweight and durable plastics, glass, and sustainable materials, are enhancing the appeal and functionality of cosmetic jars. Innovations like airless pumps and biodegradable materials are gaining traction.

Growth of E-Commerce: The surge in online beauty and personal care sales is boosting demand for packaging solutions that ensure product safety during transit and offer an attractive unboxing experience. E-commerce platforms require packaging that meets both aesthetic and functional criteria.

Challenges

Regulatory Compliance: Compliance with various regulations related to packaging materials, such as restrictions on certain plastics and requirements for labeling, can be complex and costly for manufacturers. Ensuring that packaging meets international standards is crucial for market access.

Sustainability Pressures: There is increasing pressure to adopt environmentally friendly packaging solutions. Consumers and regulators are pushing for reduced plastic usage and improved recyclability, which can be challenging for traditional packaging designs.

Cost of Innovation: Investing in new materials and innovative designs can be costly. Companies must balance the benefits of advanced packaging features with the need to maintain cost-effectiveness and profitability.

Opportunities

Sustainable Packaging Solutions: There is a growing opportunity to develop eco-friendly packaging options, such as recyclable, biodegradable, or reusable jars. Companies that prioritize sustainability can capture the growing market segment focused on environmental responsibility.

Customization and Personalization: Offering customizable and personalized packaging options can attract brands looking to differentiate their products. Tailored packaging solutions that align with brand identities and consumer preferences present significant growth potential.

Technological Advancements: Incorporating technology into packaging, such as smart packaging that includes QR codes or NFC technology for product information, offers opportunities to enhance consumer engagement and provide added value.

Sample Pages of  Report: https://www.infiniumglobalresearch.com/reports/sample-request/1703

Regional Analysis

North America: The North American market is driven by high consumer spending on premium and innovative cosmetic products. The U.S. and Canada are leading markets, with a strong focus on sustainability and packaging innovation.

Europe: Europe is a key market for cosmetic jars packaging due to stringent regulations on packaging materials and a strong emphasis on eco-friendly solutions. Major markets include Germany, France, and the UK, where demand for sustainable packaging is high.

Asia-Pacific: The Asia-Pacific region is experiencing rapid growth, driven by increasing disposable incomes and a burgeoning beauty industry. Countries like China, India, and Japan are significant markets, with rising demand for both traditional and innovative packaging solutions.

Latin America: The market in Latin America is expanding due to growing middle-class populations and increasing interest in personal care products. Brazil and Mexico are key markets, with opportunities for both high-end and affordable packaging solutions.

Middle East and Africa: The market is developing with rising urbanization and a growing beauty industry. The demand for cosmetic jars is increasing, driven by both local and international brands expanding their presence in the region.

Market Segmentation

By Material:

Glass

Plastic

Metal

Other (e.g., bamboo, ceramic)

By Type:

Jars with Lids

Airless Pumps

Twist-Off Jars

Screw-On Jars

By Application:

Skincare

Haircare

Makeup

Others

Competitive Landscape

Market Share of Large Players: Major players like Amcor, AptarGroup, and Gerresheimer dominate the market, holding significant shares due to their extensive product portfolios and global reach.

Price Control: Large players often have control over pricing due to economies of scale and established market presence. However, competition from smaller firms and emerging brands can influence pricing strategies.

Competition from Small and Mid-Size Companies: Smaller and mid-sized companies are increasingly challenging established players by offering innovative designs, niche products, and competitive pricing. These companies often focus on specialized markets and customization.

Key Players:

Amcor

AptarGroup

Gerresheimer

Albea

Silgan Holdings

Report Overview: https://www.infiniumglobalresearch.com/reports/global-cosmetic-jars-packaging-market

Future Outlook

New Product Development: Investment in new materials and innovative packaging designs will be crucial for staying competitive. Companies that innovate and offer unique features will likely capture a larger market share.

Sustainable Products: The focus on sustainability is expected to grow, with consumers and brands increasingly prioritizing eco-friendly packaging options. Companies that develop and promote sustainable packaging solutions will be well-positioned to meet evolving market demands.

Conclusion

The cosmetic jars packaging market is poised for growth, driven by increasing demand for personal care products, innovations in packaging materials, and the rise of e-commerce. While challenges such as regulatory compliance and sustainability pressures exist, opportunities in customization, technological advancements, and sustainable solutions present significant potential for market expansion. Companies that embrace these trends and adapt to changing consumer preferences will be well-positioned to thrive in this dynamic sector.

[tritonmarketresearchamey]

Tire Aftermarket, Tire Replacement Market: A Competing Shift

A flat tire is among the several inconveniences vehicle owners aim to avoid. Whether due to valve system damage or blowout due to over-inflation, the absence of a proper tire can severely damage the wheel and trigger tire replacement. This drawback has instigated several tire producers to invest in R&D to develop high-performance, fuel-efficient tires, opening avenues for the global tire aftermarket, tire replacement market.

Additionally, integrating systems like anti-lock braking systems, electronic power control, and tire pressure monitoring systems has upheaved the demand for tire aftermarket services. Our estimates have gathered that the global market is set to gain revenue worth $93.38 billion by 2028, rising at a CAGR of 4.43% during the forecast years 2022-2028.

Developments in Aftermarket Services

Wait, did you say airless tires? Instead of air, tires are now integrated with a network of spokes that keeps the wheels rigid while giving them a see-through appearance. Each year, around 20% of tires are trashed due to puncture or uneven wear, stimulating manufacturers like Michelin to launch UPTIS airless automobile tire design that results in lower raw material and waste consumption. In this regard, the company has teamed up with GM to introduce UPTIS by 2024.

Besides, the tires’ ability to bear high weight and absorb shocks is anticipated to support the growth of the 16-18-inch rim size category. Numerous players have opted for this size since it offers additional grip, braking performance, and ride comfort, a major driving force for the tire aftermarket, tire replacement market.

The Green Initiative: With the average crude oil price rising from $39.68 in 2020 to $97.64 in 2022 and the rising carbon footprint, the demand for energy-efficient tires has boosted the tire replacement market. Besides, advances in tire energy efficiency can decrease global fuel consumption by around 5% in passenger vehicles, per the International Council on Clean Transportation. This has led low rolling resistance tires to gain immense traction among consumers to lower their total carbon footprint.

Considering this trend, in January 2023, Goodyear revealed a demonstration tire made of 90% sustainable materials, including carbon black and soybean oil. While it stated the need for further collaboration to bring 90% sustainable tires into the market, the company plans to sell them with 70% sustainable material in 2023. Our analysis indicates that the radial tire type captures the highest share in the market as it has lower rolling resistance, achieving greater fuel efficiency.

Labeling Culture: Labeling has emerged as a viable solution to differentiate products from packaging to tires. However, governments are striving to implement standards to eliminate redundant performance classes from the scale. For instance, the label design will be changed in the US with snow and ice grip symbols. The European Commission also introduced Euro 7 standards for particle emission from tires and brakes to ensure cleaner vehicular movement and air quality across the region.

Other than this, the Indian government mandated new standards in 2021 to enhance fuel efficiency and braking impact on wet roads. Earlier in 2022, Michelin became the first tire brand to receive a 4-star rating by the Bureau of Energy Efficiency, India, under the new star labeling program. Such steps by government bodies to promote sustainability are set to be a growth enabler for the Asia-Pacific tire aftermarket, tire replacement market.

Electric Vehicle: Revving Up the Ride

Over the course of a decade, electric vehicle sales soared to reach around 7 million units in 2021. Fueled by the falling costs of lithium-ion batteries, the rising EV sales have revolutionized the automotive industry and the tire sector. Furthermore, since the additional weight of batteries in EVs lead to enhanced stiffness, the demand for cutting-edge tires has accelerated. As a result, companies like Bridgestone have unveiled ENLITEN Technology that decreases tire rolling resistance by 30% and weight by 20% to expand EV driving range and reduce environmental impact. Therefore, the EV industry is attractive for expanding the tire aftermarket, tire replacement market.

 

FAQs:

Q1) What are the types of tires in the aftermarket, tire replacement market?

There are two major types of tires, namely, radial and bias, in the tire aftermarket, tire replacement market.

Q2) Which region will witness the fastest growth during the forecast period?

Asia-Pacific tire aftermarket, tire replacement is anticipated to witness the fastest growth, attaining a CAGR of 5.09% during the forecast period 2022-2028.

[imarcmarketreport]

Hand Cream Market Size, Share, Report and Forecast 2024-2032

IMARC Group's report titled "Hand Cream Market Report by Product (Repair Hand Cream, Anti-Aging Hand Cream, Whitening Hand Cream, Overnight Hand Cream, and Others), Age Group (Generation X, Baby Boomers, Millennials, Generation Z), Demographic (Male, Female), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Pharma and Drug Stores, Online Stores, and Others), and Region 2024-2032". The global hand cream market size reached US$ 466.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 736.8 Million by 2032, exhibiting a growth rate (CAGR) of 5.1% during 2024-2032.

Global Hand Cream Market Trends:

Older individuals are more prone to dryness and loss of elasticity in their skin, making hand creams an essential part of their daily grooming routine. Besides this, manufacturers cater to this demographic by offering anti-aging hand creams formulated with ingredients like collagen, retinol, and hyaluronic acid to improve skin texture and reduce wrinkles.

Apart from this, the increasing focus on improved skincare solutions among individuals is impelling the market growth. People are seeking products that not only keep their hands moisturized but also address concerns, such as fine lines, age spots, and overall skin texture. In addition, rising preferences for clean and sustainable beauty products among the masses is bolstering the market growth.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/hand-cream-market/requestsample

Factors Affecting the Growth of the Hand Cream Industry:

Innovative Packaging:

Key manufacturers are exploring new packaging options to enhance user experience, improve product functionality, and align with evolving preferences of individuals. Airless pump dispensers are becoming increasingly popular for hand creams due to their ability to preserve product integrity and prevent contamination. These dispensers utilize a vacuum mechanism that pushes the product upward and minimizes air exposure and oxidation. Moreover, various hand cream brands are offering refill pouches or cartridges that can be easily inserted into reusable containers, reducing plastic waste while promoting eco-friendly practices. Refillable containers often feature sleek and customizable designs that appeal to eco-conscious individuals.

Health and Hygiene Concerns:

Frequent handwashing and sanitizer use can strip the skin of its natural oils, leading to dryness and irritation. Hand creams offer a solution by replenishing moisture and restoring the barrier function of the skin. Individuals are prioritizing products that not only hydrate but also provide antibacterial or antiviral properties, further reinforcing the role of hand creams in maintaining skin health and preventing infections. Moreover, the rising awareness among individuals about maintaining hand hygiene is propelling the market growth. People are becoming aware about regularly sanitizing and moisturizing their hands to prevent the spread of germs and maintain skin health.  

Environmental Factors:

The growing demand for hand creams due to the changing weather conditions and increased pollution levels is offering a positive market outlook. Apart from this, dry and harsh weather can cause skin dryness and irritation, thereby necessitating the use of moisturizing hand creams. Additionally, increasing preferences for skincare products that offer protection against environmental stressors are contributing to the market growth. Besides this, the rising utilization of hand creams that have antioxidants, such as vitamins E and C, that can combat free radicals while mitigating the effects of pollution on the skin is impelling the market growth.

Leading Companies Operating in the Global Hand Cream Industry:

Australian Native Botanicals

Beiersdorf AG

Coty Inc.

Glossier Inc.

Johnson & Johnson

Marks and Spencer plc

Sanofi S.A.

Shiseido Company Limited

The Clorox Company

The Procter & Gamble Company

Unilever plc

Hand Cream Market Report Segmentation:

By Product:

Repair Hand Cream

Anti-Aging Hand Cream

Whitening Hand Cream

Overnight Hand Cream

Others

Repair hand cream represented the largest segment as it provides enhanced care for damaged or severely dry hands.            

By Age Group:

Generation X

Baby Boomers

Millennials

Generation Z

Generation X accounted for the largest market share due to the rising skincare concerns.   

By Demographic:

Male

Female

Female exhibits a clear dominance in the market on account of the increasing focus on personal care.  

By Distribution Channel:

Supermarkets and Hypermarkets

Specialty Stores

Pharma and Drug Stores

Online Stores

Others

Supermarkets and hypermarkets hold the biggest market share as they offer a wide range of hand cream products under one roof.  

Regional Insights:

North America: (United States, Canada)

Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America: (Brazil, Mexico, Others)

Middle East and Africa

Asia Pacific enjoys the leading position in the hand cream market due to the rising number of online shopping platforms.        

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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[packaging2]

Exploring the Pump & Dispenser Market: Trends, Drivers, and Business Overview by 2030

The global pump and dispenser market is projected to grow steadily between 2022 and 2030, with a compound annual growth rate (CAGR) of 4.3%. By 2030, the market is anticipated to reach a value of US$ 12.4 billion.

The growth is driven by various factors, including the demand for customized pumps and dispensers in end-user industries such as pharmaceuticals, homecare, cosmetics, personal care, and food and beverage. These industries seek high-end results and are increasingly adopting pumps and dispensers for their applications.

Pumps and dispensers offer several advantages, such as being lightweight, easy to dispense, and chemical resistant, making them suitable for a wide range of applications. Leading manufacturers in the market are also focusing on sustainability by introducing products made from bioplastics and 100% recycled materials to cater to environmentally conscious consumers.

For More Insights on this Market, Get A Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-6663

However, the market growth of pumps and dispensers is expected to be limited by certain industry factors, including fluctuating raw material prices of polypropylene (PP) and high-density polyethylene (HDPE). These price fluctuations can impact the overall market dynamics and pose challenges for manufacturers.

The market has witnessed some notable developments, including the introduction of airless pumps, which provide significant dispensing options. In April 2022, Novvia Group acquired Southern Container, LLC, a distributor of packaging products, indicating the ongoing activities and mergers within the industry.

According to an analysis by Future Market Insights, the market for pumps and dispensers is expected to experience a surge of 390 basis share points (BPS) in H1-2022 (O) compared to H1-2021. However, when comparing the projected H1-2022 and the outlook period, a rise of 20 BPS has been observed. This growth is attributed to the high-end features of pumps and dispensers, including their lightweight nature, chemical resistance, and ease of dispensing.

View Full Report@ https://www.futuremarketinsights.com/reports/pump-and-dispenser-packaging-market

[rohittriton]

Tire Aftermarket, Tire Replacement Market: A Competing Shift

A flat tire is among the several inconveniences vehicle owners aim to avoid. Whether due to valve system damage or blowout due to over-inflation, the absence of a proper tire can severely damage the wheel and trigger tire replacement. This drawback has instigated several tire producers to invest in R&D to develop high-performance, fuel-efficient tires, opening avenues for the global tire aftermarket, tire replacement market.

Additionally, integrating systems like anti-lock braking systems, electronic power control, and tire pressure monitoring systems has upheaved the demand for tire aftermarket services. Our estimates have gathered that the global market is set to gain revenue worth $93.38 billion by 2028, rising at a CAGR of 4.43% during the forecast years 2022-2028.

Developments in Aftermarket Services

Wait, did you say airless tires? Instead of air, tires are now integrated with a network of spokes that keeps the wheels rigid while giving them a see-through appearance. Each year, around 20% of tires are trashed due to puncture or uneven wear, stimulating manufacturers like Michelin to launch UPTIS airless automobile tire design that results in lower raw material and waste consumption. In this regard, the company has teamed up with GM to introduce UPTIS by 2024.

Besides, the tires’ ability to bear high weight and absorb shocks is anticipated to support the growth of the 16-18-inch rim size category. Numerous players have opted for this size since it offers additional grip, braking performance, and ride comfort, a major driving force for the tire aftermarket, tire replacement market.

The Green Initiative: With the average crude oil price rising from $39.68 in 2020 to $97.64 in 2022 and the rising carbon footprint, the demand for energy-efficient tires has boosted the tire replacement market. Besides, advances in tire energy efficiency can decrease global fuel consumption by around 5% in passenger vehicles, per the International Council on Clean Transportation. This has led low rolling resistance tires to gain immense traction among consumers to lower their total carbon footprint.

Considering this trend, in January 2023, Goodyear revealed a demonstration tire made of 90% sustainable materials, including carbon black and soybean oil. While it stated the need for further collaboration to bring 90% sustainable tires into the market, the company plans to sell them with 70% sustainable material in 2023. Our analysis indicates that the radial tire type captures the highest share in the market as it has lower rolling resistance, achieving greater fuel efficiency.

Labeling Culture: Labeling has emerged as a viable solution to differentiate products from packaging to tires. However, governments are striving to implement standards to eliminate redundant performance classes from the scale. For instance, the label design will be changed in the US with snow and ice grip symbols. The European Commission also introduced Euro 7 standards for particle emission from tires and brakes to ensure cleaner vehicular movement and air quality across the region.

Other than this, the Indian government mandated new standards in 2021 to enhance fuel efficiency and braking impact on wet roads. Earlier in 2022, Michelin became the first tire brand to receive a 4-star rating by the Bureau of Energy Efficiency, India, under the new star labeling program. Such steps by government bodies to promote sustainability are set to be a growth enabler for the Asia-Pacific tire aftermarket, tire replacement market.

Electric Vehicle: Revving Up the Ride

Over the course of a decade, electric vehicle sales soared to reach around 7 million units in 2021. Fueled by the falling costs of lithium-ion batteries, the rising EV sales have revolutionized the automotive industry and the tire sector. Furthermore, since the additional weight of batteries in EVs lead to enhanced stiffness, the demand for cutting-edge tires has accelerated. As a result, companies like Bridgestone have unveiled ENLITEN Technology that decreases tire rolling resistance by 30% and weight by 20% to expand EV driving range and reduce environmental impact. Therefore, the EV industry is attractive for expanding the tire aftermarket, tire replacement market.

FAQs:

Q1) What are the types of tires in the aftermarket, tire replacement market?

There are two major types of tires, namely, radial and bias, in the tire aftermarket, tire replacement market.

Q2) Which region will witness the fastest growth during the forecast period?

Asia-Pacific tire aftermarket, tire replacement is anticipated to witness the fastest growth, attaining a CAGR of 5.09% during the forecast period 2022-2028.

[growthofcarsharingmarket]

The global market for airless packaging is growing significantly with a CAGR of 4.2%. Airless packaging is becoming increasingly popular as a way to reduce product waste, extend shelf life, and provide a more user-friendly packaging experience in response to increasing consumer demand.

[sagar-kinagi]

Airless Packaging Market

[kbvresearch]

Latest release published on KBV Research News

Latest press release on:

Airless Packaging Market to reach a market size of $6.1 billion by 2023

According to a new report Global Airless Packaging Market, published by KBV research, the Global Airless Packaging Market size is expected to reach $6.1 billion by 2023, rising at a market growth of 6.4% CAGR during the forecast period.

The Europe market holds the largest market share in Global Bottles & Jars Market by Region in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 5.1 % during the forecast period. The North America market is expected to witness a CAGR of 6.2% during (2017 – 2023) in Global Bags & Pouches Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 8% during (2017 – 2023) in Global Tubes Market.

The Plastics market holds the largest market share in Global Airless Packaging Market by Material Type in 2016 and would continue to be a dominant market till 2023. The Glass market is expected to witness a CAGR of 6.6% during (2017 – 2023).

The Personal Care market holds the largest market share in Global Airless Packaging Market by End User in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 5.9 % during the forecast period. The Healthcare market is expected to witness a CAGR of 6.8% during (2017 – 2023). Additionally, The Home Care market would garner market size of $1,381.4 million by 2023.

Full Report: https://kbvresearch.com/airless-packaging-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Airless Packaging Market have been discussed in the report with the elaborated company profiles of A-B-C Packaging Machine Corporation, Albéa Group, AptarGroup, Inc., Fusion Packaging, HCP Packaging (Shanghai) Co. Ltd., Libo Cosmetics Company, Ltd., LUMSON SPA, Quadpack Industries SA, Raepak Ltd., and Silgan Holdings Inc. (Silgan Dispensing Systems Business).

Global Airless Packaging Market Size Segmentation

By Packaging Type

Bottles & Jars

Bags & Pouches

Tubes

Others

By Material Type

Plastics

Glass

Others

By End User

Personal Care

Healthcare

Home Care

Others

By Geography

North America Airless Packaging Market

US Airless Packaging Market

Canada Airless Packaging Market

Mexico Airless Packaging Market

Rest of Global Airless Packaging Market

Europe Airless Packaging Market

Germany Airless Packaging Market

UK Airless Packaging Market

France Airless Packaging Market

Russia Airless Packaging Market

Spain Airless Packaging Market

Italy Airless Packaging Market

Rest of Europe Airless Packaging Market

Asia Pacific Airless Packaging Market

China Airless Packaging Market

Japan Airless Packaging Market

India Airless Packaging Market

South Korea Airless Packaging Market

Singapore Airless Packaging Market

Malaysia Airless Packaging Market

Rest of Asia Pacific Airless Packaging Market

LAMEA Airless Packaging Market

Brazil Airless Packaging Market

Argentina Airless Packaging Market

UAE Airless Packaging Market

Saudi Arabia Airless Packaging Market

South Africa Airless Packaging Market

Nigeria Airless Packaging Market

Rest of LAMEA Airless Packaging Market

Companies Profiled

A-B-C Packaging Machine Corporation

Albéa Group

AptarGroup, Inc.

Fusion Packaging

HCP Packaging (Shanghai) Co. Ltd.

Libo Cosmetics Company, Ltd.

LUMSON SPA

Quadpack Industries SA

Raepak Ltd.

Silgan Holdings Inc. (Silgan Dispensing Systems Business)

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Exhaustive coverage of Global Airless Packaging Market

Highest number of market tables and figures

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Related Reports:

North America Airless Packaging Market (2017-2023)

Europe Airless Packaging Market (2017-2023)

Asia Pacific Airless Packaging Market (2017-2023)

LAMEA Airless Packaging Market (2017-2023)

[tritonmarketresearch]

Tire Aftermarket, Tire Replacement Market: A Competing Shift

Tire AftermarketA flat tire is among the several inconveniences vehicle owners aim to avoid. Whether due to valve system damage or blowout due to over-inflation, the absence of a proper tire can severely damage the wheel and trigger tire replacement. This drawback has instigated several tire producers to invest in R&D to develop high-performance, fuel-efficient tires, opening avenues for the global tire aftermarket, tire replacement market.

Additionally, integrating systems like anti-lock braking systems, electronic power control, and tire pressure monitoring systems has upheaved the demand for tire aftermarket services. Our estimates have gathered that the global market is set to gain revenue worth $93.38 billion by 2028, rising at a CAGR of 4.43% during the forecast years 2022-2028.

Developments in Aftermarket Services

Wait, did you say airless tires? Instead of air, tires are now integrated with a network of spokes that keeps the wheels rigid while giving them a see-through appearance. Each year, around 20% of tires are trashed due to puncture or uneven wear, stimulating manufacturers like Michelin to launch UPTIS airless automobile tire design that results in lower raw material and waste consumption. In this regard, the company has teamed up with GM to introduce UPTIS by 2024.

Besides, the tires’ ability to bear high weight and absorb shocks is anticipated to support the growth of the 16-18-inch rim size category. Numerous players have opted for this size since it offers additional grip, braking performance, and ride comfort, a major driving force for the tire aftermarket, tire replacement market.

The Green Initiative: With the average crude oil price rising from $39.68 in 2020 to $97.64 in 2022 and the rising carbon footprint, the demand for energy-efficient tires has boosted the tire replacement market. Besides, advances in tire energy efficiency can decrease global fuel consumption by around 5% in passenger vehicles, per the International Council on Clean Transportation. This has led low rolling resistance tires to gain immense traction among consumers to lower their total carbon footprint.

Considering this trend, in January 2023, Goodyear revealed a demonstration tire made of 90% sustainable materials, including carbon black and soybean oil. While it stated the need for further collaboration to bring 90% sustainable tires into the market, the company plans to sell them with 70% sustainable material in 2023. Our analysis indicates that the radial tire type captures the highest share in the market as it has lower rolling resistance, achieving greater fuel efficiency.

Labeling Culture: Labeling has emerged as a viable solution to differentiate products from packaging to tires. However, governments are striving to implement standards to eliminate redundant performance classes from the scale. For instance, the label design will be changed in the US with snow and ice grip symbols. The European Commission also introduced Euro 7 standards for particle emission from tires and brakes to ensure cleaner vehicular movement and air quality across the region.

Other than this, the Indian government mandated new standards in 2021 to enhance fuel efficiency and braking impact on wet roads. Earlier in 2022, Michelin became the first tire brand to receive a 4-star rating by the Bureau of Energy Efficiency, India, under the new star labeling program. Such steps by government bodies to promote sustainability are set to be a growth enabler for the Asia-Pacific tire aftermarket, tire replacement market.

Electric Vehicle: Revving Up the Ride

Over the course of a decade, electric vehicle sales soared to reach around 7 million units in 2021. Fueled by the falling costs of lithium-ion batteries, the rising EV sales have revolutionized the automotive industry and the tire sector. Furthermore, since the additional weight of batteries in EVs lead to enhanced stiffness, the demand for cutting-edge tires has accelerated. As a result, companies like Bridgestone have unveiled ENLITEN Technology that decreases tire rolling resistance by 30% and weight by 20% to expand EV driving range and reduce environmental impact. Therefore, the EV industry is attractive for expanding the tire aftermarket, tire replacement market.

[packaging2]

Cosmetic Jars  Market  Industry Research, Segmentation, Key Players Analysis and Forecast to 2032

The cosmetic jars market is a rapidly growing industry that offers packaging solutions for a wide range of cosmetic products. Cosmetic jars are widely used for the storage and packaging of a variety of cosmetic products, such as creams, lotions, moisturizers, and other beauty products. The cosmetic jars market offers a wide range of options, including different sizes, shapes, materials, and closures, to meet the diverse needs of consumers and manufacturers.

By 2022, the market for cosmetic jars is expected to be worth US$ 4.1 billion. By 2032, the market will be worth US$ 6.7 Bn, with demand increasing at a 4.9% CAGR. In 2022, the top 3 countries' combined cosmetic jar sales are anticipated to account for 30–35% of the global cosmetic jar market.

One of the major drivers of the cosmetic jars market is the increasing demand for cosmetic products worldwide. As consumers become more conscious about their appearance, the demand for high-quality and effective cosmetic products is on the rise. This has led to the growth of the cosmetic jars market, as manufacturers are looking for innovative packaging solutions to differentiate their products from competitors.

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Another key factor driving the cosmetic jars market is the growing trend towards sustainable packaging solutions. Consumers are increasingly looking for eco-friendly products that are made from sustainable materials and are easily recyclable. This has led to the development of new materials for cosmetic jars, such as bioplastics and other sustainable options. Manufacturers are also exploring new ways to reduce the environmental impact of their packaging, such as using renewable energy sources and implementing recycling programs.

The cosmetic jars market is also benefiting from the increasing popularity of online sales channels. With the growth of e-commerce, consumers are increasingly purchasing cosmetic products online. This has led to a higher demand for cosmetic jars that are easy to use and transport, such as travel-sized jars and jars with convenient closures. Manufacturers are also exploring new ways to improve the online shopping experience for customers, such as offering customizable packaging options and personalized labeling.

In terms of materials, the cosmetic jars market offers a wide range of options, including glass, plastic, metal, and ceramic. Glass jars are popular for their high-end appearance and durability, while plastic jars are popular for their lightweight and affordability. Metal and ceramic jars are also popular for their durability and aesthetic appeal. Manufacturers are also exploring new materials for cosmetic jars, such as biodegradable and compostable materials, to meet the growing demand for sustainable packaging solutions.

In terms of closures, the cosmetic jars market offers a variety of options, including screw caps, snap-on caps, flip-top caps, and pump dispensers. Manufacturers are also exploring new closure options, such as airless pumps and dropper caps, to meet the evolving needs of consumers.

Geographically, the cosmetic jars market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific is the largest market for cosmetic jars, due to the high demand for cosmetic products in countries such as China, Japan, and India. North America and Europe are also significant markets for cosmetic jars, due to the high disposable income and strong consumer demand for cosmetic products.

Overall, the cosmetic jars market is a rapidly growing industry that offers a wide range of packaging solutions for cosmetic products. With the increasing demand for sustainable packaging options and the growth of online sales channels, the cosmetic jars market is expected to continue to expand in the coming years.

[topindustry-analysis]

Environmentally Degradable Refuse Sacks Market 2028 Status and Development Trends

Environmentally Degradable Refuse Sacks Market Report offers an industry-wide analysis of the market, including precise assessment of the demand for the Environmentally Degradable Refuse Sacks Market and accurate market insights that allow readers to identify the existing opportunities and threats and optimize their investments. It offers the global sector across key regional markets and gives an extensive investigation and statistical analysis of vital market elements. The study also performs an elaborate industry-wide competitive analysis, highlighting the major companies in the Environmentally Degradable Refuse Sacks Market that regulate a substantial portion of the global market share and infers beneficial prospects and hurdles to help the reader invest wisely. For Exclusive Sample Report https://www.reportsanddata.com/sample-enquiry-form/4656 Major Companies Profiled in The Report:

Berry Plastic Corporation

The Clorox Company

The Glad Product Company

Four Star Plastics

Berry Global Inc.

Mirpack TM

Primax d.o.o

International Plastics, Inc.:

NOVPLASTA, s.r.o

DAGOPLAST AS

Market Dynamics:

As the coronavirus pandemic spreads and its humanitarian impact grows, companies that help meet basic necessities, such as providing food and other key commodities to customers securely, are becoming increasingly impacted. The USD 900 billion per year global packaging business is on the front lines, with food packaging being its major area of activity. The coronavirus outbreak has already resulted in some of the biggest drops in demand for certain types of packaging in recent memory, while speeding growth for others—such as packaging for e-commerce goods, which are quickly becoming lifelines in this new world. Many packaging companies are facing new hurdles as a result of these changes.

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The analysis objectives of the report are:

To know the Environmentally Degradable Refuse Sacks Market size by pinpointing its sub-segments.

To study the important players and analyze their growth plans.

To analyze the amount and value of the Global Solvent Environmentally Degradable Refuse Sacks Market, depending on key regions

To analyze the Environmentally Degradable Refuse Sacks Market concerning growth trends, prospects, and also their participation in the entire sector.

To examine the Environmentally Degradable Refuse Sacks Market size (volume & value) from the company, essential regions/countries, products and application, background information.

Primary worldwide Environmentally Degradable Refuse Sacks Market manufacturing companies, to specify, clarify, and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis, and development plans for future.

To examine competitive progress such as expansions, arrangements, new product launches, and acquisitions on the market.

Access Full Report details @ https://www.reportsanddata.com/report-detail/environmentally-degradable-refuse-sacks-market Key Questions Answered in this Research Study:

What is the global production, production value and consumption value?

Who are the global key manufacturers of the market? How are their operating situation?

What are the types and applications of market?

What is the market share value of each type and application?

What are the upstream raw materials and manufacturing equipment?

What is the manufacturing process?

Economic impact on the market and development trends of market.

What will be the market size and the growth rate be in 2028?

Similar Research reports by Reports and Data of Consumer Packaging Industry:

Airless Packaging Market, By Packaging Type (Bags & Pouches, Bottles & Jars, Tubes), By Material Type (Plastic, Glass), By End-Use (Personal Care & Home Care, Healthcare, Food & Beverages), and by Region Forecast to 2028

Personal Care Packaging Market By Product Type, By Material Type (Plastic, Glass, Metal, Paper, Others), By Packaging Type (Plastic Bottles & Containers, Glass Bottles & Containers, Metal Containers, Folding Cartons, Corrugated Boxes, Tubes & Sticks, Caps & Closures, Pumps & Dispensers, Others), By Application, And By Region Forecast to 2028 Flexible Packaging Market Size, Share & Analysis, By Raw Material (Paper, Aluminum Foil, Plastic, Bioplastic), By End-Use Industry (Food & Beverage, Pharmaceutical), And By Region, Forecast To 2027

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.