Increasing Demand for Carton Packaging to Drive the Germany Consumer Packaging Market
Published: Sep 2020
Germany consumer packaging market is estimated to grow at a CAGR 4.2% during the forecast period. Increasing demand for carton packaging is encouraging the growth of the market. As per the German Packaging and Environment Association (AGVU), nearly 43% of paper production in Germany goes into packaging.
Trend Towards Sustainable Packaging to Drive the European Consumer Packaging Market
Published: Sep 2020
The European consumer packaging market is estimated to grow at a CAGR of 4.8% during the forecast period. The rising demand for highly sustainable packaging across end-user industries is creating a scope for the growth of the market. Food and beverage and cosmetic firms are continuously working towards replacing their product packaging with 100% recyclable packaging solutions.
Booming E-commerce Industry to Reflect Positively on the Asia-Pacific Consumer Packaging Market
Published: Sep 2020
Asia-Pacific consumer packaging market is estimated to grow at a significant CAGR of 7.0% during the forecast period. China is the leader in B2C e-commerce sales across the globe. In 2018, total B2C e-commerce sales in the country were 1,361 billion, which accounted for 31.0% of global B2C e-commerce sales. Rising internet penetration is the major cause of the growth of the e-commerce industry in the country.
Sustainable Packaging Innovations to Reflect Positively on the Global Consumer Packaging Market
Published: Sep 2020
The global consumer packaging market is anticipated to grow at a CAGR of 5.1% during the forecast period (2020-2026). Rising inclination towards sustainable packaging is contributing to the increasing innovations in the consumer packaging sector. Diageo plc, Unilever plc, Nestlé S.A., and the Coca Cola Co. are some major food and beverage and personal care companies that are replacing their product packaging with 100% recyclable packaging.
Stringent Vehicle Emission Regulations to Drive the US Automotive Ceramics Market
Published: Sep 2020
The US automotive ceramics market is estimated to grow at a CAGR of 5.6% during the forecast period. Stringent vehicle emission regulations are one of the factors driving the US automotive ceramics market. The Tier 3 Motor Vehicle Emission and Fuel Standards program is part of a broad approach to decrease the effect of motor vehicles on public health and air quality.
Emerging Focus on Electric Vehicles Manufacturing to Drive the UK Automotive Ceramics Market
Published: Sep 2020
UK automotive ceramics market is estimated to grow at a CAGR of 5.0% during the forecast period. The UK automakers are significantly focusing on electric vehicles (EVs) manufacturing owing to the expanding sales of electric vehicles. In the UK, there several producers of electric vehicles, which include Jaguar Land Rover (JLR), Nissan, PSA’s Vauxhall, BMW Mini, and Toyota.
Rising Automotive Industry to Reflect Positively on the North American Automotive Ceramics Market
Published: Sep 2020
North American automotive ceramics market is estimated to grow at a CAGR of 5.2% during the forecast period. The growing automotive industry is the major factor contributing to the growth of the market. As per the International Trade Administration, the US has one of the largest automotive markets across the globe.
Emerging R&D on Electric Vehicles to Offer an Opportunity for European Automotive Ceramics Market
Published: Sep 2020
The European automotive ceramics market is estimated to grow at a CAGR of 5.2% during the forecast period. In July 2020, The German Government declared that it would invest over $1.7 billion in battery cell research and production, opening with nearly $354 million funding awarded to Varta, a battery company.
Stringent Vehicle Emission Regulation to Reflect Positively on Asia-Pacific Automotive Ceramics Market
Published: Sep 2020
Asia-Pacific automotive ceramics market is estimated to grow at a significant CAGR of 6.8% during the forecast period. Stringent vehicle emission regulation is one of the crucial factors driving the growth of the market. On June 28, 2018, the Ministry of Ecology and Environment (MEE) of the People’s Republic of China launched the final rule for the China VI emission standard for heavy-duty vehicles. This emission standard was implemented in two phases.
Emerging Demand for Electric Vehicles to offer an Opportunity for the Global Automotive Ceramics Market
Published: Sep 2020
The global automotive ceramics market is estimated to grow at a CAGR of nearly 5.5% during the forecast period. The emerging demand for electric vehicles is primarily contributing to the growth of the market. Increasing strict emission regulations is leading to an emerging adoption of electric vehicles that supports reducing fuel cost and lowers emission.