The global Automotive Interior Leather Custom Industry is anticipated to surpass a valuation of USD 32,000 million, attaining a CAGR of 5.1% during the forecast period (2017-2023), Market Research Future (MRFR) claims in its latest report.
Automotive interior leather enhances the ambiance of a vehicle and offers maximum comfort for a better driving experience. Leather used for automotive interior assists in reducing fatigue and engine vibrations inside the vehicle, besides improving its aesthetic appeal. Increasing preference of consumers for retrofitting of vehicles with leather upholstery is highly supporting the growth of the market. The current boom in the automotive manufacturing industry, coupled with the soaring demand for artificial leather, is poised to accelerate the market growth in the foreseeable future. Consumer inclination towards artificial leather has augmented the market growth over the forecast period. The latest trend of bio-based leather is likely to unfold immense growth opportunities for the market. Buyer inclination towards fake cowhide in the car business is likely to fuel the market growth over the conjecture time frame. Several improvements made in bio-based cowhide will unfurl immense development and open doors for the market. Segmental Analysis The Automotive Interior Leather Custom Industry is segmented on the basis of material, vehicle type, and application. By material, the Automotive Interior Leather Custom Industry is segmented into genuine leather, synthetic leather, and others. Of these, genuine leather is extensively used in automotive interiors. It is considered a by-product of the meat industry and has a high proliferation, especially in premium vehicles. For instance, Land Rover, Rolls-Royce Motor Cars, and Bayerische Motoren Werke AG (BMW) are the major end users of genuine leather. By vehicle type, the Automotive Interior Leather Custom Industry is segmented into commercial vehicle and passenger vehicle. Of these, interior leather finds application in passenger vehicles. The growth can be credited to the surging economy, high standard of living, and increasing income of the consumers. The need for safe and comfortable commute will encourage the market’s growth in the passenger vehicle segment. The Automotive Interior Leather Custom Industry, by application, is segmented into seats, upholstery, cockpit, dashboard, and others. Of these, the upholstery segment will dominate the market across the globe. Automotive upholstery comprises utilization of skill set and skilled knowledge regarding the use of machinery and specialized materials. Recovering of seats and reupholstering and trims of a vehicle’s interior are the major applications of upholstery. Regional Frontiers Geographically, the Automotive Interior Leather Custom Industry spans across Europe, Asia Pacific, North America, and the Rest of the World (RoW). Considering the global scenario, Asia Pacific will remain the largest region owing to the constantly booming automotive sector in the region. The existence of manufacturers in developing countries like India and China is further contributing to the regional market’s growth. With improving standard of living, the necessity to own a car has increased, which has further encouraged the market growth in the region. The ever-increasing population and rapid economic growth are some of the other major factors encouraging the market growth in the region. China is considered the largest market for synthetic leather in the APAC. The automotive industry is witnessing a boom in the country. Factors encouraging the growth of automotive interior leather in the country are the high availability of resources, increasing penetration of luxury cars, and easy accessibility to the latest technologies. Competitive Dashboard The players dominating the global Automotive Interior Leather Custom Industry include Toyota Boshoku Corporation (Japan), Johnson Controls Inc (U.S.), Toyoda Gosei Co., Ltd. (Japan), Lear Corporation (U.S.), Gst Autoleather, Inc. (U.S.), Faurecia S.A. (France), BASF SE (Germany), DK Leather Corporation Berhad (Malaysia), Grammer AG (Germany), and Alea Leather Specialist Inc / Sunguard Group (U.S.). Read More : https://www.docdroid.net/1AwRMmN/food-packaging-market-growth.pdf https://www.sharepresentation.com/sagark18/cosmetic-packaging-market-share https://www105.zippyshare.com/v/XwHwXDYR/file.html https://www.rapidshare.com.cn/72zHe3f https://www.wattpad.com/848094902-retail-ready-packaging-boxes-market-global-trends
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Global Electric Bus Market Size To Rise With Government Initiatives To Curb Pollution Levels3/12/2020 The global Active RFID Tags market is set to experience a strong 7.6% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The global Active RFID Tags market is mainly driven by the growing demand for accurate location reporting in a number of end use industries, including logistics and transportation, retail, and healthcare.
Active RFID Tags are a modernized version of the barcode and can be attached to any object for the purpose of identification and/or tracking. The added functionality of Active RFID Tags over barcodes has made them popular in a number of end-use industries, as barcodes do not provide tracking and location reporting services. The growing demand for Internet of Things technology is likely to make the incorporation of Active RFID Tags easier across the industrial spectrum, leading to steady growth of the global Active RFID Tags market over the forecast period. The growing logistics and transportation industry is likely to be one of the major drivers for the global Active RFID Tags Market over the forecast period. The growing demand for long-distance shipping of packaged items has led to the need for accurate tracking, which has led to a growing demand for RFID technology. This is likely to remain an important driver for the global Active RFID Tags market over the forecast period, as the use of Active RFID Tags also improves the safety of the vehicle and driver in question. Segmentation The global Active RFID Tags market is segmented on the basis of type, application, and region. By type, the global Active RFID Tags market is segmented into passive, active, and semi-passive Active RFID Tags. Passive tags accounted for the largest share in the global Active RFID Tags market in 2016 and are likely to remain a leading market segment due to their low cost and uncomplicated operating mechanism. Passive Active RFID Tags lack a power source of their own, leading to significantly lower costs than active Active RFID Tags. By application, the global Active RFID Tags market is segmented into healthcare, retail, automotive, logistics and transportation, and others. The logistics and transportation segment is expected to be the leading revenue generator over the forecast period due to the growing demand for security in the transportation sector. The healthcare sector is also likely to emerge as a key consumer of Active RFID Tags due to the growing use of Active RFID Tags in patient identification and other healthcare processes. Regional Analysis North America is likely to remain the dominant regional market for Active RFID Tags over the forecast period due to the strong development of the RFID technology in the region and the growing demand for advanced Active RFID Tags from the region’s end users. Many leading players in the global Active RFID Tags market are situated in North America, giving the region an advantage in terms of quick and widespread distribution of advances in Active RFID Tags. Competitive Analysis Leading players in the global Active RFID Tags market include Tageos, CoreRFID Ltd., GAO RFID Inc., RF Code Inc., NXP Semiconductors N.V., Atmel Corporation, The Tag Factory, Smartrac N.V., Invengo Information Technology Co. Ltd., Impinj Inc., Omni-ID Ltd., Honeywell International Inc., HID Global Corporation, Confidex Ltd., and Alien Technology. Players in the global Active RFID Tags market are likely to concentrate on product development and advancement over the forecast period, as the demand for extra functionality in Active RFID Tags is increasing. Mergers and acquisitions with relatively smaller, emergent players in the market are also likely to be a popular strategy for players in the global Active RFID Tags market. Read More : https://www.bloglovin.com/@sagarkinagi/active-rfid-tag-market-2020-analysis-overview-4717821 http://www.onfeetnation.com/profiles/blogs/custom-shrink-sleeve-labels-market-2020-analysis-and-overview https://sites.google.com/view/mrfr/iso-shipping-container-market-size https://www.feedsfloor.com/packaging-and-printing/corrugated-packaging-industry-2020-size-share-growth-trends-and-analysis-till http://www.briefingwire.com/pr/flexible-plastic-packaging-market-size-to-raise-worth-to-usd-129-billion-by-2023 Imperative Need for Sustainable Packaging to Boost the Global Green Packaging Market Growth3/5/2020 Overview
Market Research Future (MRFR) reports that the global Green Packaging Market Growth is projected to exhibit a CAGR of 5.42% during the forecast period (2017-2023). Green packaging is more sustainable and eco-friendly. Stringent government regulations regarding use of plastics will propel manufacturers to opt sustainable packaging options over conventional packaging. Preference for sustainable packaging materials, increase in urbanization, and rising hygiene concerns strive to establish this market globally. Green packaging solutions are extensively used in the food service industry. Thus, popularity of the food industry backed by increasing number of restaurants and diners is likely to be key sources driving demand over the forecast period. Efforts by brand owners and packaging firms to encourage recycling will support the market growth worldwide. On the flip side, restraining market growth factors are high cost of production and unstable prices of raw materials. But growing awareness among consumers about benefits of green packaging along with government campaigns to adopt eco-friendly alternatives can drive the growth of the Green Packaging Market Growth. Benefits of green packaging are waste reduction, increased recycling, energy conservation, and increased use of renewable materials. Advent of trends in Green Packaging Market Growth has further boosted the sales, namely customer-focused packaging which involves prevalence of portion control in food products for health-conscious customers. Production of flexible green packaging making it easy to store, reseal, open, and extend the shelf life of the product being purchased. Segmentation The Green Packaging Market Growth is segmented on the basis of packaging and application. By packaging, the market is segmented into recycled content and degradable packaging. Recycled content packaging is highly favorable globally due to increasing urbanization. Apart from this, the manufacturing process of recycled content packaging is highly efficient and helps in minimizing the detrimental impact of factories on the environment. These factors can drive the recycled content packaging segment growth. Based on application, the market is segmented into food & beverage, healthcare, personal care, and others. Personal care and beauty companies have been using green packaging in order to make packaging more sustainable. Moreover, green packaging keeps the personal care product stay fresh for a long time with an extended shelf-life. These factors have propelled the personal care Green Packaging Market Growth to great heights. The food and beverage packaging segment has a significant share in Green Packaging Market Growth owing to high demand for dairy products. Also, increasing demand for raw milk, yogurt, cheese, and other dairy products accelerates the growth of this segment in the global market. Regional Analysis Geographically, the segments of Green Packaging Market Growth are North America, Europe, Asia Pacific, and Rest-of-the-World (RoW). MRFR analyzes that North America is leading the Green Packaging Market Growth with the United States being the leading contributor. Immense demand from industrial and manufacturing sectors in this region positively impacts the market. Moreover, rising awareness among consumers coupled with green packaging adopted across various industries such as fast moving consumer goods (FMCG) and personal body care can open new avenues for the Green Packaging Market Growth in this region. The Asia Pacific region, on the other hand, is estimated to be the fastest growing market due to favorable government policies can facilitate the large-scale use of eco-friendly packaging in many countries in the region, thus allowing the Green Packaging Market Growth to create a stronghold in the region. Presence of large consumer base as well as growing government focus on adoption of eco-friendly solutions. Furthermore, manufacturers are becoming increasingly aware of the negative impact of non-biodegradable packaging and turning to green packaging for their products. For instance, L’Oreal and Alibaba Group in China are making a joint effort to reduce waste by using green packaging for all L’Oreal products sold in China. Key Vendors The key vendors in the global Green Packaging Market Growth are Mondi Plc. (South Africa), WestRock Company (U.S.), BASF SE (Germany), and Sonoco Products Company (U.S.). The market is highly competitive due to presence of many multinational, regional, and local vendors. It is worth noting that local vendors compete in terms of cost owing to their inability to compete with international vendors in terms of features, quality, and range of offerings. Subsequently, growing number of vendors are focusing on innovation to gain an established position in the market space. Read More : https://www.sharepresentation.com/sagark18/global-automotive-metal-stamping-market http://www.freeprnow.com/pr/automotive-piston-market-2020-share-cagr-trends-analysis-and-forecast-to-2023 https://www.evernote.com/shard/s313/sh/8f4ec034-a207-81f6-62fd-75ed6d2f4b97/8a2094ccfbca44e6e8fa7435661052fc https://www.evernote.com/shard/s313/sh/446c0ef8-1420-b649-3f3a-1e49e89db0e7/ff18e4cc9f820c50f16e7fc2c869bbb3 http://www.briefingwire.com/pr/3d-printing-in-automotive-industry-to-surpass-usd-2-500-mn-by-2023 |
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October 2020
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