Shoe Packaging Market boosting the growth through 2024

Shoe packaging varies from brand to brand, product to product. Casual shoes are available in packages that attract young consumer demographics, while shoe packaging for formal shoes involves elegant box designs and compartments. Likewise, product quality and materials in shoe packaging businesses also differ. Some shoe manufacturers demand for easy-to-dispose satchels, while others will look for sturdy boxes with ergonomic designs. Manufacturers in the global shoe packaging market are, thus, compelled to cater to such diversity, without downgrading the quality of their offerings. 

Shoe Packaging Market: Market Dynamics

The global market for shoe packaging is expected to witness dynamic growth on the account of – consumer preferences, emergence of sustainable packaging materials, and need for cost-effective designs. In developed countries, many consumers are attracted towards shoes that come in urbane handbags. Such preferences are profitable for growth of shoe packaging market in these regions. Manufacturers of shoe packaging products are also witnessing favorable support from emergence of sustainable materials. Government policies that are promoting the use of eco-friendly packaging is also observed as a driving force for growth of shoe packaging businesses.

Growth of global market for shoe packaging is likely to remain concentrated in the APEJ region. Countries such as China and South Korea are observed as global manufacturing hubs, while vast consumer base in India is also strengthening the presence of APEJ region on the global shoe packaging market. Rapid industrialization in developing regions is also boosting the demand for shoe packaging, while developed markets are witnessing active participation from prominent global players.

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North America’s shoe packaging market is expected to emerge as a lucrative region, primarily due to proactive consumer lifestyles that are fuelling the sales of shoes across the US and Canada. Demand for shoe packaging in Western Europe and Latin America is expected to remain stable, while the Middle East and Africa (MEA) region will have a pale imprint on the growth of global shoe packaging market during the forecast period.

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Skin Glossing Pencil Packaging Market boosting the growth through 2024

North America is estimated to remain dominant in the global skin glossing pencil packaging market, followed by Eastern Europe and Western Europe. Market growth in these regions is attributed to presence of big cosmetic brands and high income of population. The global skin glossing pencil packaging market in APEJ and Latin America is anticipated to exhibit the fastest growth during the forecast period, owing to the influence of western culture on growing urban population. The growth of the global skin glossing pencil packaging market in MEA will be sluggish during the forecast period. 

Skin glossing pencils refer to multi-purpose beauty products, which can be used on eyes, face as well as other body parts as a highlight. A rise in number of working women has significantly driven the sales of beauty products. With technology becoming an indispensable part of the cosmetic industry, various innovations and advancements have led towards increasing demand for beauty products such as skin glossing pencils. The growth of e-commerce has shifted consumers’ preferences from time-consuming products to easy-to-apply cosmetics, where skin glossing pencils have been gaining immense traction.

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These factors have further necessitated provision of innovative packaging solutions for these personal care products. It is imperative for cosmetic packaging to dictate method of application of the product. Packaging for skin glossing pencils are also being utilized to enhance brand visibility, reduce brand recall, and increase sales.

Global Skin Glossing Pencil Packaging Market – Market Dynamics

Manufacturers of skin glossing pencils as well as packaging solutions providers are focusing on intensifying their measures to use effective packaging materials for the purpose of protective wrapping, and to provide striking features on packets. The growth of the global skin glossing pencils packaging market is primarily attributed to rising availability of innovative packaging solutions across the globe. In addition, rising beauty-conscious population, coupled with increasing disposable incomes will further boost growth of the market.

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Bulb Packaging Market – New Investments Expected to boost the Demand by 2025

Packaging plays an indispensable role in protection of products across various industries in the overall shelving and supply chain processes. Electronic products, for example – light bulbs, are delicate in nature and need specific packaging for ensuring damage protection from shocks and stress. Bulb packaging is not only known for protecting light bulbs against physical damages, but also in providing information about products and manufacturing companies to customers. Packaging of light bulbs offers information including lumen intensity, power demand, efficiency class, energy class, and average lifespan in hours.

Damage resistant packaging lowers chances of damages to bulbs, improving fill rate of suppliers.  When lying on shelf, or during a transit, light bulbs are likely to lose their functionality. This is making manufacturers to supply bulb packaging which are sturdy, damage resistant, and have high-grade qualities.

Growth of the global light bulb packaging market is primarily attributed to installation capacity around the globe pertaining to lighting requirements. Light bulbs installed are needed to be changed post-completion of their lifespan, which is driving demand for light bulb packaging globally. While incandescent bulbs are witnessing a robust decline in adoption, CFL and LED light bulbs hold major shares of the global bulb packaging market.

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Global Market for Bulb Packaging: Market Dynamics

Rapid growth of urbanization and soaring population, particularly across APEJ countries, are factors estimated to propel demand for lighting products, thereby fostering growth of the global bulb packaging market. Demand for LED bulbs is witnessing a rise owing to its performance with high efficiency. LED bulbs will account for half of the global demand for light bulbs during the forecast period.

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Virgin Paper Packaging Market – Latest Trends and Key Drivers Supporting Growth through 2024

The rise of recycled paper has largely been borne out of the globally increasing concern over the increasing rates of deforestation needed to produce enough paper for the world’s needs. Recycling of paper is also the prime reason for the steady drop in the overall demand for virgin paper, or paper that has been directly manufactured from trees and primary raw materials and has not involved the use of recycled paper. This is mostly regular paper made from freshly cut trees, commonly renamed as virgin paper. It should also be noted that the processing and manufacturing cost of virgin paper can be greater than that of recycled paper over time.

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However, at the moment, due to the relative size of both markets and therefore the overall availability of high manufacturing capacities, virgin paper or regular paper is cheaper than recycled paper. In the coming years, however, the cost of each is expected to shift adversely due to the overall savings in critical resources that can be brought about by using recycled paper.

The current quality of virgin paper is also better than most types of recycled papers. Over time, this is expected to change due to increasing developments in manufacturing of quality recycled papers. At the same time, virgin papers are valuable in a large number of fields in packaging and personal hygiene, creating a greater focus on these areas by manufacturers of virgin paper.

The paper packaging industry has witnessed a significant growth over the past decade owing to the preference for high quality packaging products and growing awareness about eco-friendly packaging materials that act as a substitute for plastics. High-quality packaging products such as the virgin paper packaging allows highlighting the brand value of products through visually appealing qualities.

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The virgin paper is a high-quality packaging material in terms of strength, printability, brightness and opacity. Virgin paper is manufactured without any mixture of recycled content primarily from the pulp of pine, spruce or fir. The global paper stream has to be replenished with the new pulp for manufacturing paper packaging products at regular interval or through recycling of the paper in order to sustain market supply.

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Automotive Natural Gas Vehicle Market boosting the growth through 2026

A natural gas vehicle (NGV) is a vehicle that runs on alternative fuels, like compressed natural gas (CNG) and liquefied natural gas (LNG). In natural gas powered vehicle, power is being generated by combustion of methane (CH4) and oxygen (O2) into carbon di oxide (CO2) and water (H2O). Natural gas are generally used in buses, trucks, cars and bikes. The handling cost of natural gas vehicle is higher than that of petrol and diesel because it requires special tank for storage.

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Due to the increase in prices and depletion of crude oil resources, many countries have started initiating to increase the production and use of natural gases in commercial transportation. Cost of natural gases is lesser than that of petrol and diesel and it is also available abundantly. Natural gas vehicles are good for environment as they emits less carbon di oxide and nitrogen gas. Governments of many countries has taken initiative to educate people about the natural gas vehicles and its benefits.

Automotive Natural Gas Vehicle Market – Drivers and Restraints

In the present scenario the market penetration of the natural gas vehicle is less, because the average price of NGV is higher than that of petrol diesel vehicle. Due to the scarcity of fossil fuel resources in future it is expected that the market penetration of the natural gas vehicles will increase globally. Demand of vehicles is increasing day by day as per capita income of people is increasing, but the petrol and diesel sources are depleting with it, this is also a major reason for continuous increase in prices of petrol and diesel from past 8-10 years. It gives opportunity for the natural gas vehicles. Original equipment manufacturers (OEM’S) are generally promoting their products to increase the demand of the NGV by displaying their high fuel efficiency and ecofriendly behavior

Improper fueling infrastructure, requires high cost for storing these gases and customized storage tanks as they are highly pressurized gases. Global automotive natural gas vehicle market is expected to show significant growth during the forecast period.

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Automotive Natural Gas Vehicle Market – Segmentation

Automotive natural gas vehicles market is segmented based upon fuel type, vehicle type and region. According to the fuel type automotive natural gas vehicle market is bifurcated into compressed natural gas (CNG) and liquefied natural gas (LNG). CNG is easier to produce and can be created at individual fueling stations to be easily dispensed to fleet vehicles that can use either modified gasoline or diesel engines or CNG-specific engines. LNG is an excellent way to transport large volumes of natural gas. On the Basis of Vehicle type NGV is bifurcated on Passenger vehicles and commercial vehicles. Passenger vehicles are further divided into Hatchback, sedan and SUV/MUV, passenger vehicles is having major market share in NGV’s as the demand of passenger vehicles are high.

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Automotive Silicone Elastomer Market Remains Hot through 2026, Reports TMR

Automotive silicone elastomer have high quality, versatile properties, and are used in different automotive applications such as interiors, drivetrain, and electronic and electrical systems. Silicone elastomer base polymer working in intense heat, they protect against aggressive substance, or they act as seals, vibration dampers, conductors, or insulators due to their versatile properties.

Rise in demand for fuel-efficiency, stringent emission norms by government bodies across the globe, and stringent regulations regarding pollution and energy consumption are prompting OEMs to focus on weight reduction. These factors are likely to drive the demand for automotive silicone elastomer during the forecast period. Likewise, rise in demand for high-efficiency and lightweight material in the automotive industry, in order to enhance the performance of the vehicle, and high rate of adoption of highly reliable materials from OEMs are likely to boost the demand for automotive silicone elastomer during the forecast period.

The global automotive silicone elastomer market can be segmented based on application, location, vehicle type, and region. Based on applications the automotive silicone elastomer market can be segregated into EV battery seals, airbags, engine gaskets, headlamps, ignition cables, radiator seals, vibration damping, shock absorber, and others. An engine plays an important role in the vehicle. It requires high power to operate different components of the vehicle. High performance gaskets are required, which operate flawlessly under extreme conditions, in order to achieve high performance from the engine. Consequently, demand for engine gasket is likely to remain high during the forecast period, which in turn is likely to boost the demand for silicone elastomer during the forecast period.

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Based on vehicle type, the automotive silicone elastomer market can be segmented into passenger vehicle and commercial vehicle. The passenger vehicle segment is anticipated to drive the automotive silicone elastomer market during the forecast period owing to the increasing production of passenger vehicles across the globe. Major OEMs are emphasizing on continuous research and development on new exterior and interiors of vehicles in order to enhance the performance of passenger vehicles by weight reduction.

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Automotive Solar Film Market boosting the growth through 2026

Automotive solar films are applied on windows of cars, buses coaches, trucks etc. Automotive solar films protect the interiors of vehicles from the intensity of the Sun’s harmful UV rays, which can cause skin discoloration, this is the key attribute for growth of the product over the past few years. Solar films are made of plastic, resins and glue. Increase in demand of vehicles in market and increase in temperature due to global warming may lead to a demand for automotive solar film. In addition, use of enhanced multilayer nanotechnology to make solar films from polyester, acrylic, and polyethylene is expected to drive the demand. The major restraints for the solar film’s market is the selection of window, installation and its application process.

An automotive solar film market is being segmented on the basis of types, vehicle type, and region and sales channel. Based on type, the global automotive solar film market can be segmented into dyed, metalized, and ceramic. Dyed window films, are economical and are used to reduce light and UV rays. Dyed window films are colored so they reduce more light. Metallic particles are embedded in metalized window films. These particles strengthen the window, making it shatterproof. Ceramic films are high-quality films. These films have ceramic particles which are nonmetallic and nonconductive.

Based on vehicle type, the automotive solar film market can be bifurcated into passenger vehicles and commercial vehicles. The passenger vehicles segment can be divided into hatchback, sedan, and SUV/MPV. Increase in the demand of passenger vehicles can lead to the demand of automotive solar film market and it is expected to grow during the forecast period. The commercial vehicles segment can be categorized into LCV and HCV. In terms of sales channel, the global automotive solar film market can be segregated into OEM and aftermarket. Increase in demand for vehicles is projected to increase the demand for solar films.

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OEM’s use automotive solar films to protect the interior, upholstery from the sunrays they generally use the dyed window films in the vehicles. Based on region the automotive solar film market can be segmented into five geographic landscapes such as Europe, South America, North America Asia Pacific, and Middle East. The demand for automotive solar film is expected to grow in Asia Pacific because the demand for vehicles is significant and the temperature in past year has also increased which can lead to increase in demand of the automotive solar film market in the forecast period.

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