Peppermint Tea Market Report (2020-2030), Business Plan Strategy, New Solutions, Key Segments, Potential Targets

Transparency Market Research delivers key insights on the global peppermint tea market. In terms of revenue, the global peppermint tea market is estimated to expand at a CAGR of ~ 8% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global peppermint tea market.

The global peppermint tea market is broadly affected by several factors, including shift in consumer preferences in terms of flavored tea. Thus, rising consumption of peppermint tea in different segments is propelling the global market for peppermint tea.

Peppermint Tea Market: Dynamics

Consumer shift toward flavored tea from traditional tea is influencing consumers to opt for peppermint tea, especially the millennial, as they consider it to be a healthy choice. Currently, peppermint tea is gaining popularity among users, owing to its multiple health benefits and enhanced taste. In addition, ease of availability in the form of dried leaves, loose leaf, or in paper bags is likely to encourage its demand from users.

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The increasing popularity of blended peppermint tea, owing to its ability of infusion from fruits, spices, and herbs is likely to appeal to users and enhance the sale of tea products. In India, China, Japan, and Sri Lanka, the presence of a strong consumer base for traditional tea is projected to promote the growth of the peppermint tea market. These factors are also driving the expansion of the global tea market in recent years.

The unblended tea segment of the global peppermint tea market is likely to remain popular due to its rising popularity among consumers. In addition, these types of tea are considered to be natural tea wherein majority of the raw material is peppermint and green tea. However, the development of new blends by suppliers having better combinations with mint is estimated to appeal to users. These types of tea are enriched with different ingredients such as spices, herbs, and fruits for a unique taste and fragrance.

Peppermint Tea Market: Prominent Regions

The global peppermint tea market is likely to remain popular in the U.S and China, due to the presence of a strong consumer base for herbal tea and preference for mint based products. In North Africa, peppermint tea is also referred to as Moroccan mint tea.  This seems to be a popular choice among users from the past few centuries, as it found to be a native tea of North Africa. The majority of consumers prefer this type of tea rather than other herbal teas in the region. Nonetheless, rising popularity of herbal and flavored tea, especially, peppermint tea among users is projected to boost the growth of the market all over the globe.

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Peppermint Tea Market: Key Players

Key players operating in the global peppermint tea market are Associated British Foods plc, Tata Consumer Products, Unilever N.V., The Hain Celestial Group, Orientis Gourmet SAS, R.C. Bigelow Inc., Dilmah Ceylon Tea Co. Plc, Yamamotoyama Co. Ltd., Harney & Sons Tea Company, and The Republic of Tea.

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Agriculture Tire & Tire Cord Market By Application, Production, Revenue & Forecast To 2030

According to the report, the global agriculture tire & tire cord market is projected to surpass US$ 14.9 Bn by 2030, expanding at a CAGR of ~5% during the forecast period, owing to rise in mechanization rate of farming and increase in use of tractors across the globe. Developing countries depend heavily on agriculture, and their growing populations are fueling the demand for high farm yield.

Consequently, governments and international organizations have been initiating various schemes to promote mechanization in the agriculture sector. China, India, and the U.S. hold a key share of the agriculture tire & tire cord market globally, owing to the presence of a larger number of in-use tractors and high sales of new tractors in these countries.

Expansion of Agriculture Tire & Tire Cord Market

Population boom around the world is boosting the demand for better agriculture yield, which is a key factor propelling the global agriculture tire & tire cord market. Attractive financing options on purchase of new tractors and subsidies on agricultural tractors and equipment by governments are driving the demand for agriculture tires.

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Government stimulus such as Common Agriculture Policy (CAP) by European Union (EU) for EU member countries, funding by Food & Agriculture Organization (FAO) & other African food organizations in Middle East & Africa are providing financial support to develop and help purchase agriculture machinery for farms in these regions, which in turn is estimated to propel the agriculture tire & tire cord market. Rapid urbanization and economic expansion have fueled the demand for utilization of harvesters, combines, and tractors. The shift from subsistence to larger commercial farming has necessitated the use of tractors, which in turn is boosting the demand for agriculture tires.

Regional Analysis of Agriculture Tire & Tire Cord Market

In terms of region, the global agriculture tire & tire cord market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific held a leading share of the global agriculture tire & tire cord market with China and India witnessing significantly high sales of tractors and a large number of tractors in use.

North America accounted for a considerable share of the global agriculture tire & tire cord market in 2019, owing to high rate of mechanization of farms in the U.S. and consumer awareness about periodic replacement of tires. The market in Middle East & Africa is projected to expand at a notable growth rate during the forecast period, owing to an increase in income among farmers and government subsidies boosting the adoption of agricultural machinery, which, in turn, is driving the demand for agriculture tires.

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Prominent players operating in the global agriculture tire & tire cord market include Balkrishna Industries Limited (BKT), Bridgestone Corporation, Continental AG, MICHELIN, Mitas, China National Rubber & Tire Co., Titan International, Inc., Trelleborg AB, Sumitomo Rubber Industries Ltd., and Pirelli & C. S.p.A.

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Luxury Shuttle Bus Market 2027 In-Depth Coverage And Various Important Aspects

According to the report, the global luxury shuttle bus market is projected to surpass US$ 6 Bn by 2030, expanding at a CAGR of ~9% during the forecast period, owing to the increase in adoption of public transport services and the rise in the number of shuttle services among various sectors such as aviation, corporate, and tourism. The global luxury shuttle bus market is prominent in most developed countries; however, increasing influence of governments to adopt public transportation services for commute is anticipated to drive the market for luxury shuttle buses.

Expansion of Luxury Shuttle Bus Market

Transportation services have been expanding, as governing bodies have been consistently emphasizing on the adoption of bus services for daily commute across the globe, including North America, to fight against air pollution and traffic congestion issues. The rise in awareness among society about the aforementioned issues is driving the preference for a large bus instead of using multiple smaller vehicles.

The demand for luxury shuttle buses is primarily increasing for sightseeing, daily commute for workplace, and interstate travel. Luxury shuttle buses are integrated with amenities and hence, are as comfortable as a personal vehicle. The increase in trend of weekend trips has significantly fueled the luxury shuttle bus market. Additionally, smart move by travel service providers to roll out luxury bus services on the most popular weekend routes around popular cities is further propelling the luxury shuttle bus market.

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Luxury Shuttle Bus: Market Segmentation

In terms of application, the demand for luxury shuttle bus has been significantly high on longer routes, which is generally preferred by tourist. This led the tourism coaches segment to hold a major share of the global market. The market for luxury buses and coaches has been volatile; however, an increase in focus on expansion of public transportation system and a rise in investment by government bodies to promote public transport system are likely to propel the global luxury shuttle bus market.

Regional Analysis of Luxury Shuttle Bus Market

The global luxury shuttle bus market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America and Europe witness high penetration of luxury shuttle buses, owing to high demand among consumers and presence of good transportation infrastructure for bus travel; however, Asia Pacific is a prominent market for luxury shuttle bus, owing to high production and higher consumer base in the region.

China is a notable market for luxury buses as all the leading manufacturers have high capacity expansion in the country. On the other hand, China is a leading manufacturer of electric buses across the globe, owing to the presence of all resources and high focus on vehicle electrification in the country. The market for the luxury shuttle bus is likely to expand at a higher growth rate in developing countries due to the increase in per capita income and improvement in lifestyle, which ultimately is leading to higher spending on luxury and leisure, thus driving the demand for luxury shuttle buses.

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Luxury Shuttle Bus Market: Key Players

Prominent players operating in the global luxury shuttle bus market include ARBOC Buses, CNH Industrial N.V., Daimler AG, Federal Coach, Forest River, Grech Motors, Isuzu Motors Ltd., Kamaz, Krystal Shuttle Buses, KSIR Bus, LGE Coachworks, Proterra, Scania AB, Tata Motors, Toyota Motor Corporation, and Volkswagen AG.

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Demand Planning Solutions Market 2020 | Strategic Assessment by Top Players Like Business Forecast Systems, Inc., Cognizant Technology Solutions Corp

Transparency Market Research delivers key insights on the global demand planning solutions market. In terms of revenue, the global demand planning solutions market was valued at ~US$ 3 Bn in 2019 and is expected to expand at a CAGR of ~16% from 2020 to 2030. The market is expected to cross US$ 14.5 Bn by the end of the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global demand planning solutions market.

According to the report, the global demand planning solutions market will continue to be influenced by a range of macroeconomic and industry-specific factors. The demand for hardware and software-based business solutions has been affected by the increasing lockdown situation due to COVID-19. Hence, the demand for commercial demand planning solutions is expected to decrease with the low return on investment among different industries and high adoption of work from home models across all companies.

Demand Planning Solutions Market: Dynamics

Manufacturing industries are increasingly demanding planning platforms and enterprise analytics platforms to enhance the performance of the supply chain management process. Companies are adopting demand planning solutions to understand changing market demands, production capabilities, and distribution network issues by analyzing previous data. Demand planning solutions offer demand forecasting by using clustering algorithms, statistical and mathematical functions, machine learning technology, and automated data forecasting techniques.

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Demand planning solutions help to enhance customer planning by using the predictive analytics process to understand future trends and resource requirements for production planning and revenue targets. Demand planning is majorly used in supply chain management and operation to maintain the demand and supply of the products according to changing demands of customers. The increasing adoption of advanced planning and analytics software and tools among different industries is expected to drive the demand for demand planning solutions during the forecast period.

Enterprises are seeking demand planning solutions to improve promotion planning collaboration and accuracy with flexible promotional modeling. It also helps companies to track the return of investment against ineffective promotions. Demand planning solutions help to manage product lifecycle stages in real-time that helps to maintain the product and supply chain of specific products.

Companies are using planning and forecasting platforms to maintain the production and supply of the products during their seasonal demand. Companies are launching new products to fulfill customer demand by analyzing the changing customer behavior and increasing demand for new features and products from customers. The demand planning solution helps to predict future trends and required changes in the product by analyzing previous data and current supply chain records. Thus, increasing demand for product portfolio management and new product launch planning platforms is likely to help boost the market growth of demand planning solutions during the forecast period.

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Demand Planning Solutions Market: Prominent Regions

The demand planning solutions market in North America is expected to expand during the forecast period, owing to presence of key market players, technological advancements, and growth of consumer spending in business solutions in the region. The demand planning solutions market in Europe is projected to witness favorable growth during the forecast period, due to significant rise in industrial investment in demand planning solutions and increasing number of demand planning solutions providers in major region. Asia Pacific will continue to be at the forefront of global demand with the increasing demand for demand planning solutions in the region, which is expected to grow at a higher rate throughout the forecast period.

Demand Planning Solutions Market: Key Players

Key players operating in the global demand planning solutions market include Alloy Technologies, Inc., Aspire Systems, Avercast, LLC., Blue Ridge Solutions Inc., Business Forecast Systems, Inc., Cognizant Technology Solutions Corp, Demand Works Company, Demantra (Oracle Corporation), GAINSystems, Inc., GMDH, LLC., International Business Machines Corporation, John Galt Solutions, Inc., Logility, Inc., MRPeasy, NETSTOCK Operations limited, RELEX Oy, SAP SE, and Syncron AB.

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Bubble Wrap Packaging Market 2020 | Worldwide Opportunities, Driving Forces, Future Potential 2026

A bubble wrap is a type of packaging used by the manufacturers to cover delegate and malleable product. It is made from transparent plastic material and consist of regularly spaced air-filled hemispheres, or bubbles. This acts as a cushion to packaged products. It generally comprises two-layered polyethylene film, with air entrapped inside to form bubbles and this is primarily used to protect product during transportation.

An upcoming Transparency Market Research report on the bubble wrap packaging market promises to cover all essential details that could help bolster growth in the future. The report covers key trends, challenges, geographical distribution, and the competitive landscape of the global bubble wrap packaging market.

Bubble Wrap Packaging Market: Notable Developments

Some of the notable developments in the bubble wrap packaging market are-

Key players are focusing to enhance the quality of the bubble wrap packaging in order to increase the application of bubble wrap packaging. To achieve this, they are launching temperature-controlled bubble wraps, and high-grade bubble wraps to gain a competitive edge.

Apart from this, Automated Packaging Systems launched new AirPouch protective packaging materials in the market. As per the company, this material has twin pillow, this offer extra protection to the products.

In addition to this, players are focusing on several stretegies  such as acquisitions and mergers, business expansions and collaboration to increase their dominance in the bubble warp packaging market.

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Some of the key players operating in the global bubble wrape packaging market are Pregis Corporation, FROMM Packaging Systems Inc., Polyair Inter Pack Inc., Free-Flow Packaging International, Inc., Automated Packaging Systems, Inc., Inflatable Packaging, Inc., and Omniverse Foster Packaging Group.

Bubble Wrap Packaging Market: Key Growth Dynamics

There are several packaging options available across the globe, among all the options demand for bubble wrap packaging is expected to remain high. This is mainly because of its ability to safeguard elemental property of product. Apart from this, blooming retail industry is one significant factor expected to drive the growth of the bubble wrap packaging market. This is because, bubble wrap in primarily used in retail industry to protect  products like  electronics, gift items and other at the time of transportation.

Moreover, continuous expansion of online shopping has spurred demand for flexible protective packaging products. Major players in the market are shifting their focus toward reducing pilferage during transportation of goods, which in turn is significantly influencing demand for bubble wrap packaging.

On the flipside, easy availability of cheaper substitute of the bubble wrap is expected to hamper the growth of the bubble warp packaging market. Along with this, bubble wrap is made from plastics and stringent governmental regulation over the use of plastic in another factor damping the prospects of the bubble wrap packaging market in the forecast period.

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However, to overcome this bubble wrap packaging market are focusing on eco-friendly products such as versatile foam packaging, and recycle paper. This is expected to drive the global bubble wrap packaging market in the coming year.

Bubble Wrap Packaging Market: Regional Outlook

On the basis of geography, Asia Pacific is expected to dominate the global bubble wrap packaging market during the forecast period. This is mainly because of the increasing penetration of the internet in the region. The booming e-commerce industry coupled with increasing purchasing power of people, particularly in India and China, are offering a significant push to the global bubble wrap packaging market in the coming year.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Electric Excavator Market 2020 Determined By Manufacturing Summary, Business Profile And Estimate To 2027

Electric excavator is an electrically powered heavy construction equipment that is used to dig holes and trenches, and for material handling, mining, construction, forestry mulching, general grading, river dredging, drilling shafts, driving piles, and other such applications. It comprises a dipper, bucket, boom, and a cab on a rotating platform. The electric excavator is powered by a massive kilowatt-hour battery pack, instead of a conventional internal combustion engine, and is considered as low or zero-emission equipment vehicle, as no carbon dioxide, nitrogen oxide, or other particulate matter is released into the atmosphere. The global electric excavator market has been expanding significantly for the last couple of years. It is likely to expand at a noteworthy pace in the near future.

Electric excavator Market – Competitive Landscape

• Recently, Caterpillar Inc. formed a joint venture with Pon Equipment in an effort to electrify construction machinery and introduced an all-electric 26-ton excavator, which contains a giant 300 kilowatt-hour battery pack. The company believes that the electric excavator outcome would offer a better experience toward reduction of noise and air pollution at construction or operating sites.
• Volvo Construction Equipment (Volvo CE), the Sweden-based company, recently showcased its new range of electric compact machine, ECR25 excavator, a complete electric excavator fitted with lithium-ion batteries, onboard chargers, and an electric motor to power the hydraulics of the machine.

Caterpillar Inc.

Established in 1925, Caterpillar Inc. with headquartered in Deerfield, U.S. The company is a major manufacturer of construction and mining equipment. It diverse product portfolio includes 21 brands.

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SENNEBOGEN

Founded in 1952, SENNEBOGEN with headquartered in Straubing, Germany. The company develops and manufactures cranes, electric excavators, telehandlers, material handlers, as well as base carriers. The company has been implementing material handlers in conjunction with electric drives for the last 25 years, and this experience accentuates the company status as a leader in innovation.

J C Bamford Excavators Ltd.

Established in 1945, J C Bamford Excavators Ltd. with headquartered in the Rocester, United Kingdom. The company is a leading manufacturer of construction and agricultural equipment. Its diverse product portfolio includes around 300 types of machinery.

IHI Compact Excavator Sales Corp.

Incorporated in 1994, IHI Compact Excavator Sales Corp. with headquartered in Kentucky, U.S. IHI Compact Excavator Sales is the largest supplier of IHI mini excavators, crawler carriers, and track loaders around the world.

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Electric Excavator Market Dynamics

Evolution in industry and booming infrastructure coupled with surging pollution are driving demand for electric excavator

Rapid transformation and evolution of several industries in conjunction with booming infrastructure across the globe, especially in developing countries, have fueled the demand for electric excavator. Moreover, surge in urban and metropolitan building sites, which requires high performance, more compact, and environment-friendly solutions, is anticipated to drive the electric excavator market in the near future

Furthermore, transportation pollution is a key factor driving the adoption of electric excavators, as traditional excavators emit harmful gases that are injurious to both humans and the environment. These factors are likely to boost the demand for electric excavator in next couple of years.

Manufacturers designing electric excavator to work for numerous applications

Electric excavators are designed and manufactured by equipment and machinery manufacturers to be employed in a variety of applications, ranging from river dredging and digging holes to demolition of unwanted infrastructure to construction. Manufacturers are constantly developing battery packs and electric motors to enhance the power of the electric excavator in order to cater to multiple applications.

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Higher cost of battery to hamper the electric excavator market

The battery, which is a vital component of any electric mobility, accounts for around 40% of the total cost of electric mobility. The high cost of the battery has been recognized as a major challenge to the commercialization of electric excavators in mainstream consumer applications. Additionally, higher maintenance cost of electric excavators is also anticipated to hamper the electric excavator market in the near future.

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Automotive Crankcase Ventilation System Market Share, Growth Rate, Forecast To 2030

 

• The automotive crankcase ventilation system enables the venting of unwanted gases leaked from the combustion chamber through the crankcase seals. The system comprises a crankcase ventilation valve, breather, and a tube that feeds vacuum from the manifold.
• Automotive crankcase ventilation is a vital system of the vehicle and is a standard equipment fitted by automakers, thereby it holds a large market potential

Key Drivers of Global Automotive Crankcase Ventilation System Market

• Increase in consumer purchase parity and the demand for mobility among consumers is boosting the demand for vehicles, which is the major driver of the global automotive crankcase ventilation system market. Expansion of the automotive industry in developing regions such as Latin America & Middle East & Africa is projected to drive the global crankcase ventilation system market during the forecast period
• Increasing stringency in vehicular emission is fueling the development of the crankcase ventilation system with use of baffles, oil separators, and filters to minimize the emission released in the environment. Automakers are being compelled to adopt advanced systems to comply with emission norms, which is projected to boost the development of advanced crankcase ventilation system and in turn boost the market in terms of revenue.

Challenges to Global Automotive Crankcase Ventilation System Market

• Increase in trend of battery electric vehicles is estimated to negatively impact the demand for automotive crankcase ventilation system. However, hybrid vehicles use internal combustion engine and still contribute to the demand for automotive crankcase ventilation system.

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Passenger Vehicle to Hold Majority Share of Automotive Crankcase Ventilation System Market

• The passenger vehicle segment is anticipated to hold a dominant share of the global market owing to its higher volume of production

Aftermarket Segment to Gain Market Share

• System components such as breather and PCV valve often breakdown and are replaced in aftermarket. Rising awareness among consumers pertaining to vehicle maintenance and increased stringency in emission regulations requiring proper working of valves and breather to minimize pollution is anticipated to boost the aftermarket demand for components and drive the automotive crankcase ventilation market.

Asia Pacific to lead Global Automotive Crankcase Ventilation System Market

• Asia Pacific held a leading share of the global automotive crankcase ventilation system market in 2019 owing to high volume production of vehicles in China, India, Japan, and South Korea
• Asia Pacific is followed by Europe and North America with the market in Latin America projected to expand at a rapid pace during the forecast period due to expansion of foreign automakers in Mexico and Brazil, which is estimated to boost demand for the automotive crankcase ventilation.

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Key Players Operating in Global Automotive Crankcase Ventilation System Market

The global automotive crankcase ventilation market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the global automotive crankcase ventilation market are:

• Continental AG
• Cummins Inc.
• MAHLE GmbH
• Parker Hannifin Corp.
• Robert Bosch GmbH
• Alfdex AB
• MANN+ HUMMEL International GmbH & Co. KG
• Metal Textiles Corp.

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