#Airless Packaging Market Forecast
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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.
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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-Â https://www.marketsandata.com/industry-reports/japan-cosmetics-packaging-market
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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.
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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.
#Tire Aftermarket#Tire Replacement Market#Automotive & Transportation#Automotive Components#triton market research#market research reports
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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. Â
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. Â Â Â Â Â Â Â Â Â Â Â
By Age Group:
Generation X
Baby Boomers
Millennials
Generation Z
Generation X accounted for the largest market share due to the rising skincare concerns. Â Â
By Demographic:
Male
Female
Female exhibits a clear dominance in the market on account of the increasing focus on personal care. Â
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. Â
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. Â Â Â Â Â Â Â
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.
Contact Us:
IMARC Group
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Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
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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.
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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.
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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.
For More Insights on this Market, Get A Sample Report https://www.futuremarketinsights.com/reports/sample/rep-gb-14618
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.
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#Airless Packaging#Airless Packaging Market#Airless Packaging Market Analysis#Airless Packaging Market Analysis in Developed Countries#Airless Packaging Market by Application#Airless Packaging Market by Type#Airless Packaging Market Development#Airless Packaging Market Forecast#Airless Packaging Market Future Innovation#Airless Packaging Market Future Trends
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Asia-Pacific Airless Packaging Market – Industry Trends and Forecast to 2026
Airless packaging is a type of packaging method which is designed in such a way that normal air does not get in contact with the product kept inside and helps in maintaining the quality and shelf life of the product. The airless packaging products are used to store dry foods for a long period of time. There are many types of airless packaging that are widely used such as pouches, bottles, bag, tubes and others. The most commonly used material for airless packaging is glass and plastics.
https://www.databridgemarketresearch.com/request-a-sample/?dbmr=asia-pacific-airless-packaging-market
#Airless Packaging Market#Airless Packaging Market share#Airless Packaging Market size#Airless Packaging Market trends#Airless Packaging Market news#Airless Packaging Market report#Airless Packaging Market growth#Airless Packaging Market forecast
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Airless Packaging Market Key Players ABC Packaging Ltd., Alb?a, AptarGroup, Inc., Fusion Packaging, HCP Packaging , Libo Cosmetics Company, Ltd. and Other Major Players
As per the research conducted by KD Market research, the report titled “ Airless Packaging Market ” provides current as well as future analysis of the market by evaluating the major applications, advantages, trends, and challenges. The report dives deeper to produce useful insights into Airless Packaging Market such as major global regions and key competitors and strategies that can be used for the entry-level player too.
The global airless packaging market size was $4,046.0 million in 2016, and is projected to reach $5,938.0 million in 2023, growing at a CAGR of 5.9%. Airless packaging systems offer precise dosage, high evacuation rate, low wastage & contamination of the content, improved product shelf life, restricts backflow of air due to the presence of pump dispensing system.
Request sample Copy of this Report @ https://www.kdmarketresearch.com/sample/3407
Factors such as increase in cosmetics products, rise in sales of homecare products, growth in demand for high end products, and surge in demand for high quality products propel the demand for airless packaging products. Moreover, the low wastage & less contamination attributes of airless packaging have stimulated the growth of global airless packaging market. In addition, government regulations for reducing pollutants and increased awareness about natural & organic products have supplemented the expansion of the airless packaging market. However, high cost of manufacturing these products is a major challenge faced by the players operating in the industry.
Growing demand for innovative & new design options and increasing inclination towards green products offer promising opportunities for players in the airless packaging industry. Moreover, increase in demand for Halal certification products provides lucrative business opportunity to the players.
The global airless packaging market is segmented based on packaging type, material type, end user, and geography. Based on packaging type, the market is categorized into bags & pouches, bottles & jars, tubes, and others. The bottles & jars segment would dominate the global market throughout the study period owing to its widespread usage, and handy & tamper proof attributes. Based on material type, the market is categorized into plastics, glass, and others. The plastic segment accounts for the maximum market share due to its light weight, easy availability, low cost, and ability to be molded in various shapes & sizes. The end-user segment includes personal care, healthcare, homecare, and food & beverages.
The global airless packaging market is analyzed across geographical regions namely North America (U.S., Canada & Mexico), Europe (UK, Germany, France, & Others), Asia-Pacific (China, India, Japan, & others) and LAMEA (Latin America, Middle East, & Africa). Asia-Pacific is expected to dominate the market throughout the forecast period, and is projected to grow at the fastest rate, followed by LAMEA. The key players profiled in this report are ABC Packaging Ltd., Alb?a, AptarGroup, Inc., Fusion Packaging, HCP Packaging, Libo Cosmetics Company, Ltd., Lumson SPA, Quadpack Industries, Raepak Ltd., and Silgan Dispensing Systems.
KEY BENEFITS FOR STAKEHOLDERS
-The study provides an in-depth analysis of the global airless packaging market and current trends and estimations to elucidate the imminent investment pockets.
-Information about key drivers, restrains, and opportunities and their impact analyses on the airless packaging market size are included in the study.
-Porter?s Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
-The quantitative analysis of the global market from 2016 to 2023 is provided to determine the market potential.
KEY MARKET SEGMENTS
By Packaging Type
-Bags and Pouches -Bottles and Jars -Tubes -Others
By Material Type
-Plastic -Glass -Others
By End User
-Personal care -Healthcare -Homecare -Food & Beverage
By Region
-North America -U.S. -Canada -Mexico -Europe -UK -Germany -France -Rest of Europe -Asia-Pacific -China -India -Japan
Rest of Asia-Pacific -LAMEA -Latin America -Middle East -Africa
KEY MARKET PLAYERS PROFILED IN THE REPORT
-ABC Packaging Ltd. -Alb?a -AptarGroup, Inc. -Fusion Packaging -HCP Packaging -Libo Cosmetics Company, Ltd. -Lumson SPA -Quadpack Industries -Raepak Ltd. -Silgan Dispensing Systems
Browse full Research Report with toc@ https://www.kdmarketresearch.com/report/3407/airless-packaging-market-amr
Table of Content
CHAPTER 1: INTRODUCTION
1.1. REPORT DESCRIPTION 1.2. KEY BENEFITS FOR STAKEHOLDERS 1.3. KEY MARKET SEGMENTS 1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research 1.4.2. Primary research 1.4.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE 3.2. KEY FINDINGS
3.2.1. Top investment pockets 3.2.2. Top winning strategies 3.2.3. Top Winning Strategies, By Year, 2014-2018* 3.2.4. Top Winning Strategies, By Development, 2014-2018* 3.2.5. Top Winning Strategies, By Company, 2014-2018*
3.3. PORTER’S FIVE FORCES ANALYSIS 3.4. KEY PLAYER POSITIONING, 2017 3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Low wastage, and increased shelf life and quality 3.5.1.2. Recycling of products 3.5.1.3. Increase in demand for high quality premium products
3.5.2. Restraint
3.5.2.1. High cost of manufacturing 3.5.2.2. Little scope for product differentiation
3.5.3. Opportunity
3.5.3.1. Innovative designs and offerings of various manufacturers advancement in technology
CHAPTER 4: AIRLESS PACKAGING MARKET, BY PACKAGING TYPE
4.1. MARKET OVERVIEW
4.1.1. Market size and forecast, by type
4.2. BAGS & POUCHES
4.2.1. Key market trends, growth factors and opportunities 4.2.2. Market size and forecast, by region 4.2.3. Market size and forecast, by country
4.3. BOTTLES & JARS
4.3.1. Key market trends, growth factors and opportunities 4.3.2. Market size and forecast, by region 4.3.3. Market size and forecast, by country
4.4. TUBES
4.4.1. Key market trends, growth factors and opportunities 4.4.2. Market size and forecast, by region 4.4.3. Market size and forecast, by country
4.5. OTHERS
4.5.1. Key market trends, growth factors and opportunities 4.5.2. Market size and forecast, by region 4.5.3. Market size and forecast, by country
CHAPTER 5: AIRLESS PACKAGING MARKET, BY MATERIAL TYPE
5.1. MARKET OVERVIEW
5.1.1. Market size and forecast, by service
5.2. PLASTICS
5.2.1. Key market trends, growth and opportunities 5.2.2. Market size and forecast, by region 5.2.3. Market size and forecast, by country
5.3. GLASS
5.3.1. Key market trends, growth factors and opportunities 5.3.2. Market size and forecast, by region 5.3.3. Market size and forecast, by country
5.4. OTHERS
5.4.1. Key market trends, growth factors and opportunities 5.4.2. Market size and forecast, by region 5.4.3. Market size and forecast, by country
CHAPTER 6: AIRLESS PACKAGING MARKET, BY END USER
6.1. MARKET OVERVIEW
6.1.1. Market size and forecast, by type
6.2. PERSONAL CARE
6.2.1. Key market trends, growth factors and opportunities 6.2.2. Market size and forecast, by region 6.2.3. Market size and forecast, by country
6.3. HEALTHCARE
6.3.1. Key market trends, growth factors and opportunities 6.3.2. Market size and forecast, by region 6.3.3. Market size and forecast, by country
6.4. HOMECARE
6.4.1. Key market trends, growth factors and opportunities 6.4.2. Market size and forecast, by region 6.4.3. Market size and forecast, by country
6.5. FOOD & BEVERAGES
6.5.1. Key market trends, growth factors and opportunities 6.5.2. Market size and forecast, by region 6.5.3. Market size and forecast, by country
CHAPTER 7: AIRLESS PACKAGING MARKET, BY REGION
7.1. MARKET OVERVIEW
7.1.1. Market size and forecast by region
7.2. NORTH AMERICA
7.2.1. Key market trends, growth factors and opportunities 7.2.2. Market size and forecast, by packaging type 7.2.3. Market size and forecast, by material type 7.2.4. Market size and forecast, by end user 7.2.5. Market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. U.S. market size and forecast by packaging type 7.2.5.1.2. U.S. Market size and forecast, by material type 7.2.5.1.3. U.S. Market size and forecast, by end user
7.2.5.2. Canada
7.2.5.2.1. Canada market size and forecast, by packaging type 7.2.5.2.2. Canada market size and forecast, by material type 7.2.5.2.3. Canada market size and forecast, by end user
7.2.5.3. Mexico
7.2.5.3.1. Mexico market size and forecast, by packaging type 7.2.5.3.2. Mexico market size and forecast, by material type 7.2.5.3.3. Mexico market size and forecast, by end user
7.3. EUROPE
7.3.1. Key market trends, growth factors and opportunities 7.3.2. Europe market size and forecast, by packaging type 7.3.3. Europe market size and forecast, by material type 7.3.4. Europe market size and forecast, by end user 7.3.5. Europe market size and forecast, by country
7.3.5.1. Germany
7.3.5.1.1. Germany market size and forecast, by packaging type 7.3.5.1.2. Germany market size and forecast, by material type 7.3.5.1.3. Germany market size and forecast, by end user
7.3.5.2. France
7.3.5.2.1. France market size and forecast, by packaging type 7.3.5.2.2. France market size and forecast, by material type 7.3.5.2.3. France market size and forecast, by end user
7.3.5.3. UK
7.3.5.3.1. UK market size and forecast, by packaging type 7.3.5.3.2. UK market size and forecast, by material type 7.3.5.3.3. UK market size and forecast, by end user
7.3.5.4. Rest of Europe
7.3.5.4.1. Rest of Europe market size and forecast, by packaging type 7.3.5.4.2. Rest of Europe market size and forecast, by material type 7.3.5.4.3. Rest of Europe market size and forecast, by end user
7.4. ASIA-PACIFIC
7.4.1. Key market trends, growth factors and opportunities 7.4.2. Asia-Pacific market size and forecast, by packaging type 7.4.3. Asia-Pacific market size and forecast, by material type 7.4.4. Asia-Pacific market size and forecast, by end user 7.4.5. Asia-Pacific market size and forecast, by country
7.4.5.1. Japan
7.4.5.1.1. Japan market size and forecast, by packaging type 7.4.5.1.2. Japan market size and forecast, by material type 7.4.5.1.3. Japan market size and forecast, by end user
7.4.5.2. China
7.4.5.2.1. China market size and forecast, by packaging type 7.4.5.2.2. China market size and forecast, by material type 7.4.5.2.3. China market size and forecast, by end user
7.4.5.3. India
7.4.5.3.1. India market size and forecast, by packaging type 7.4.5.3.2. India market size and forecast, by material type 7.4.5.3.3. India market size and forecast, by end user
7.4.5.4. Rest of Asia-Pacific
7.4.5.4.1. Rest of Asia-Pacific market size and forecast, by packaging type 7.4.5.4.2. Rest of Asia-Pacific market size and forecast, by material type 7.4.5.4.3. Rest of Asia-Pacific market size and forecast, by end user
7.5. LAMEA
7.5.1. Key market trends, growth factors and opportunities 7.5.2. LAMEA market size and forecast, by packaging type 7.5.3. LAMEA market size and forecast, by material type 7.5.4. LAMEA market size and forecast, by end user 7.5.5. LAMEA market size and forecast, by country
7.5.5.1. Latin America
7.5.5.1.1. Latin America market size and forecast, by packaging type 7.5.5.1.2. Latin America market size and forecast, by material type 7.5.5.1.3. Latin America market size and forecast, by end user
7.5.5.2. Middle East
7.5.5.2.1. Middle East market size and forecast, by packaging type 7.5.5.2.2. Middle East market size and forecast, by material type 7.5.5.2.3. Middle East market size and forecast, by end user
7.5.5.3. Africa
7.5.5.3.1. Africa market size and forecast, by packaging type 7.5.5.3.2. Africa market size and forecast, by material type 7.5.5.3.3. Africa market size and forecast, by end user
CHAPTER 8: COMPANY PROFILE
8.1. ABC PACKAGING LTD
8.1.1. Company overview 8.1.2. Company snapshot 8.1.3. Operating business segments
8.2. ALBA BEAUTY HOLDINGS S.A.
8.2.1. Company overview 8.2.2. Company snapshot 8.2.3. Operating business segments 8.2.4. Business performance 8.2.5. Key strategic moves and developments
8.3. APTARGROUP, INC.
8.3.1. Company overview 8.3.2. Company snapshot 8.3.3. Operating business segments 8.3.4. Business performance 8.3.5. Key strategic moves and developments
8.4. FUSION PACKAGING
8.4.1. Company overview 8.4.2. Company snapshot 8.4.3. Operating business segments 8.4.4. Key strategic moves and developments
8.5. HCP PACKAGING (SHANGHAI) CO. LTD.
8.5.1. Company overview 8.5.2. Company snapshot 8.5.3. Operating business segments 8.5.4. Key strategic moves and developments
8.6. LIBO COSMETICS CO., LTD.
8.6.1. Company overview 8.6.2. Company snapshot 8.6.3. Operating business segments
8.7. LUMSON SPA
8.7.1. Company overview 8.7.2. Company snapshot 8.7.3. Operating business segments 8.7.4. Key strategic moves and developments
8.8. QUADPACK INDUSTRIES, SA
8.8.1. Company overview 8.8.2. Company snapshot 8.8.3. Company snapshot 8.8.4. Operating business segments 8.8.5. Operating business segments 8.8.6. Business performance 8.8.7. Key strategic moves and developments
8.9. RAEPAK LTD
8.9.1. Company overview 8.9.2. Company snapshot 8.9.3. Operating business segments 8.9.4. Key strategic moves and developments
8.10. SILGAN HOLDINGS INC. (SILGAN DISPENSING SYSTEMS)
8.10.1. Company overview 8.10.2. Company snapshot 8.10.3. Operating business segments 8.10.4. Business performance 8.10.5. Key strategic moves and developments
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Asia-Pacific Airless Packaging Market is Projected to Register a Healthy CAGR of 5.8% in the Forecast to 2026. Key Player| Berk Company, LLC, Sonoco Products Company, ALBEA, Silgan Holdings Inc., AptarGroup, Inc, HCT Group.
Airless Packaging Market is a type of packaging method which is designed in such a way that normal air does not get in contact with the product kept inside and helps in maintaining the quality and shelf life of the product. The airless packaging products are used to store dry foods for a long period of time. There are many types of airless packaging that are widely used such as pouches, bottles, bag, tubes and others. The most commonly used material for airless packaging is glass and plastics.
Global Airless Packaging Market is expected to register a substantial CAGR of 5.8% in the forecast period of 2019-2026. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2019 to 2026.
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Competitive Analysis: Asia-Pacific Airless Packaging Market
Some of the major players operating in this market are Berk Company, LLC, Sonoco Products Company, ALBEA, Silgan Holdings Inc., AptarGroup, Inc, HCT Group, East Hill Industries, LLC, Cospack America Corp, Viva Group, LUMSON SpA, Rieke, HCP Packaging, FUSIONPKG, RPC Group Plc, TricorBraun, WWP, RAEPAK LTD, BALL CORPORATION, Ningbo Gidea Packaging Co.,Ltd and Amcor plc.
High Temperature Elastomer Market Size, Status and Forecast 2026
 Market Overview
 Manufacturers Profiles
 Airless Packaging Sales, Revenue, Market Share and   Competition by Manufacturer
 Airless Packaging Market Analysis by Regions
 North America Airless Packaging by Countries
 Europe Airless Packaging by Countries
 Asia-Pacific Airless Packaging by Countries
 South America Airless Packaging by Countries
  Middle East and Africa Airless Packaging by Countries
  Airless Packaging Market Segment by Type
 Airless Packaging Market Segment by Application
 Airless Packaging Market Forecast
 Sales Channel, Distributors, Traders and Dealers
 Research Findings and Conclusion
 Appendixes
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Market Segmentation: Asia-Pacific Airless Packaging Market
Asia-Pacific airless packaging market is segmented into five notable segments which are packaging type, material type, category, distribution channel and end-user.
On the basis of packaging type, the market is segmented into rigid plastics, flexible plastics
On the basis of material type, the market is segmented into plastic, glass and others
On the basis of category, the market is segmented into premium and mass
On the basis of distribution channel, the market is segmented into supermarkets, hypermarkets, specialist retailers, convenience stores and e-commerce
On the basis of end-user, the market is segmented into personal care and home care, healthcare, food & beverages and others
Competitive Landscape: APAC Airless Packaging Market
Global Asia-Pacific Airless Packaging Market By Packaging Type (Rigid Plastics, Flexible Plastics), Material Type (Plastic, Glass, Others), Category (Premium, Mass), Distribution Channel (Supermarkets, Hypermarkets, Specialist Retailers, Convenience Stores, E-Commerce), End-User (Personal Care and Home Care, Healthcare, Food & Beverages, Others), Country (China, India, Japan, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific) – Industry Trends and Forecast to 2026. Airless packaging is a type of packaging method which is designed in such a way that normal air does not get in contact with the product kept inside and helps in maintaining the quality and shelf life of the product. The airless packaging products are used to store dry foods for a long period of time. There are many types of airless packaging that are widely used such as pouches, bottles, bag, tubes and others. The most commonly used material for airless packaging is glass and plastics. Over the years, there has been much advancement in the packaging styles of many different industries. Earlier, the packaging products were made only from artificial materials but now, there are new technologies emerging which involve the usage of natural and plant based raw materials for the manufacturing of packaging products. Improved shelf life and quality of products through airless packaging is leading to growth in demand for Asia-Pacific airless packaging market.Â
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Djibouti Tire Market Size, Share, Forecast 2023-2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects Djibouti tire market size to grow at a CAGR of 7.20% during the forecast period between 2023 and 2029. The increasing sales of passenger, luxury, and electric vehicles (EVs) as a result of quick urbanization and rising consumer spending power are the main factors fueling the growth of Djibouti tire market. The increasing emphasis on driver and passenger safety as well as the rise in fatal traffic accidents are driving demand for premium quality tires with a longer operational life, improved stability and reliability, and high puncture resistance. Major players are introducing variations that are airless, light, and 3D printing. To lessen the impact they have on the environment and conserve a significant amount of the energy required to produce new tires, a lot of effort is being put into recovering and recycling old tires. To deliver packages on time, more logistics and transportation tasks are being completed. This in turn is encouraging market growth. An increase in agricultural production is also expected to create significant growth opportunities for the industry.
Djibouti Tire Market – Overview
A tire is a circular, ring-shaped auto part that houses a wheel rim and is inflated with compressed air. It is made from wire, silica, carbon black, steel, natural or synthetic rubber, and other materials. It transfers the weight of the car from the axle to the ground and provides stability by reducing vibrations and improving shock absorption. It improves the performance, mileage, passenger safety, and wear and tear of the vehicle. Depending on the type of vehicle, it is now frequently available in a variety of sizes and variants.
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Growth Drivers
Technology Advancements
Tire producers are creating a system known as "Contact Area Information Sensing" (CAIS), which entails mounting a sensor to the interior wall of the tire and tracking how it interacts with the road's surface. The system analyses the road's condition to determine whether it is dry, wet, slushy, fresh snow-covered, or icy, and then transmits that information in real time to the driver via a digital screen. CAIS technology, which is currently used by tire manufacturers, could advance if it could share data with other vehicles that are similarly networked. This might allow the car to expect what the car in front will do.
Challenge:
Fluctuations in Raw Material Prices
Oil prices, fluctuating raw material prices, higher input costs brought on by the scarcity of natural rubber, and other factors all put pressure on the Djibouti tire market. Furthermore, almost all raw materials are crude derivatives, which makes them reliant on crude oil's price. Raw materials used in their production, primarily synthetic and natural rubber, account for the majority of the cost of making tires. Recently, crude oil prices have risen significantly everywhere. It is expected that the price of synthetic rubber and other crude derivatives used in the production of tires will increase in the coming years.
Impact of COVID-19 on Djibouti Tire Market
The value of the passenger tire sector was significantly reduced in 2020 as a result of the coronavirus pandemic. The expansion of the passenger tire market was hampered by the temporary suspension of tire production as a result of disruptions in the supply chain for raw materials and temporary shutdowns of production lines in a variety of industries, including the automotive and automobile industries. Due to the forced production halts at big businesses like Bridgestone and Goodyear, sales of passenger tires decreased.
Djibouti Tire Market – By Demand Category
Djibouti tire market is divided into two demand categories: OEM and Replacement. The OEM (Original Equipment Manufacturer) segment currently holds a higher market share, and this trend is expected to continue throughout the forecast period (2023–2029). OEMs are currently investing in R&D to develop lightweight, environmentally friendly tires that meet regulatory standards. OEM tires are always of the highest quality and can be used for a wide range of applications. Because of its design goals of being quiet, durable, and useful on the road, it performs admirably outside of the showroom. OEM segment is expected to control a large portion of the market in the coming years.
Competitive Landscape
Djibouti tire market is fiercely competitive, Major players in the market include Mantrac Group, Bridgestone, SPORTRAK TIRE GROUP LIMITED, MRF, Michelin, CEAT Limited, APOLLO TYRES LTD, Kilotreads (Paarl) (PTY) Ltd, Yokohama Tires, and Dudhia Tires Manufacturers. companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the Djibouti tire market.
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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.
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