The 3D printed footwear market is expected to grow at a compound annual growth rate of 21.77% to reach a market size worth US$3,296.967 million by 2027. This market was valued at US$830.630 million in 2020.

The advancing technologies have digitalized the world and have transformed the way we live. The technological changes have further evolved the 3D printing, enabling the manufacturers to produce the lifestyle articles, including shoes, jewelry, clothes, and many more, cost-effectively. 3D printing is an additive manufacturing process of designing and making a three-dimensional solid product from a digital file. This innovative technology enables the production of complex shapes while minimizing the consumption of raw materials when compared with traditional manufacturing procedures. 3D printing has revolutionized the way shoes look. The application of 3D printing in customizing trendy boots and shoes has enabled the quicker molding of footwear while enhancing the shape and design of footwear to meet the changing aesthetic demands of the consumers. The 3D Printed Footwear is trifurcated based on technology, material, and application.  

Analysts anticipate that factors like evolving demand for customized footwear, rising penetration of digital manufacturing, and strategic developments deployed by the key players will drive the market onward. 

Today, the fashion business is linked with quick change, and it is often referred to as “Fast Fashion.” This notion necessitates a higher level of adaptability, reactivity, and flexibility from the organization in response to the market’s constant and rapid evolution. Enterprises are meeting these changes by incorporating consumers into their optimized network. This led to a paradigm shift wherein the consumers become a part of the designing process, as the companies design the products close to the customers’ preferences. And 3D technology has made this process further easy. It is a more accessible, efficient, personalized, on-demand manufacturing model, replacing the previous large-scale and centralized industrial pattern, which is conducive to lower labor costs in low-end manufacturing. Simultaneously, 3D printing technology eliminated the time-consuming, complex mold development and manufacturing procedure. With the advancing technologies, the printing efficiency and quality are expected to improve, even more, shortening the manufacturing cycle of footwear while increasing the speed of product iteration. Furthermore, many pioneer brands like Nike, Adidas, and others have also incorporated 3D printing into their manufacturing operations to produce trendy and aesthetic footwear. Subsequently, many 3D printed footwear lines have been launched by the shoemakers, including Alphaedge, Futurecraft, 4D Run, Flyprint, and many more. 

Furthermore, the strategic launches and partnerships deployed by the key players are further adding impetus to the market growth. In October 2021, for instance, Heron Preston and Zellerfeld collaborated to create a completely 3D printer sneaker by Heron01. The partnership between the two reflects the collision between advancing technology, fashion, and design. While in January 2019, Adidas teamed up with Yohji Yamamoto, a Japanese fashion designer, to design a 3D printed sneakers, Y-3 Runner, and launched the fully designed product in the April of that year. Several such developments are expected to boost the market growth.

According to regional analysis, the 3D printed footwear market in North America and the Asia Pacific is expected to hold a significant share during the projected period. 

The global 3D printed footwear market is segmented into five regions based on geography: North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. Of these regions, the North America and Asia Pacific regions are expected to hold a dominant share in the forecasted period, according to analysts. Rapid urbanization and increased demand for western brands globally are the factors affecting the market. The increased demand for customized shoes, increased disposable income, changing customer preferences, and well-established e-commerce segments are a few of the factors attributing to the growth of the market in the regions. Furthermore, the presence of many pioneers and multinational shoemaker brands in North America is yet another factor contributing to the growth of the market size in the said region.

The limited resources and weak outcomes are expected to restrain the growth of the 3D Printer Footwear market.

Though 3D printing enables mass production of footwear, the current production output is still low and has much room for improvement. The raw materials that could be used to produce 3D printed footwear are also quite limited. Furthermore, like 3D printing, which prints the products layer-by-layer technology, the products created are still comparatively weaker than the traditionally manufactured components. Furthermore, due to this layering technology, only components of the footwear can be produced. Thus, there is still a lot of intermediatory work to create the final finished footwear. The production quality also needs to be improved to be able to produce complete 3D printed shoes straight out of the printer. Also not mention, the current 3D printers and software are quite expensive and also necessities skilled labor to operate the machine. 

Covid-19 Insights

The global pandemic had a negative impact on the 3D Printed Footwear market. The mandated lockdowns, surge in infected cases, and social distancing had led to the closure of many production units, either partially or wholly. At the same time, many retail stores were also forced to shut down and observed lesser foot traffic even after re-opening. The surge of active infected cases proportionally affected the staffing in the industries, further affecting productivity. Not to mention, China, the epicenter of the pandemic, is a key supplier of raw materials and other accessories for the shoes. Furthermore, economic recession across the globe has caused many consumers to become frugal and reduce their spending on accessories. This led to the increased storage of articles in the inventories due to the less demand.

3D Printed Footwear Market Scope:

The global beauty drinks market is anticipated to grow at a compound annual growth rate of 8.27% over the forecast period to reach a market valuation of US$1,676.638 million by 2029, from US$961.450 million in 2022.

Beauty drinks are nutritional drinks that promote anti-ageing, brighten the skin, and diminish the appearance of acne, scars, and pigmentation. These beverages aid in skin detoxification since they are made with botanical extracts of vegetables and fruits and are enriched with important amino acids, vitamins, minerals, and antioxidants. Additionally, the increased demand for beauty drinks is due to a significant shift in consumer lifestyles globally. Globally, the requirements and expectations of aging customers are evolving, as evidenced by an increase in demand for specialized solutions that enhance and beautify the outward appearance. They can also aid in skin tightening and the maintenance of healthy nails and hair. Hence, the market size is anticipated to surge in the next five years.

Technological advancements have enabled the foods and drinks, pharmaceutical, and personal care businesses to combine, with the borders that separate each industry becoming increasingly blurred. One important result of this has been the emergence of beauty beverages that claim to improve attractiveness organically and from within.

The increasing awareness of nutricosmetics in addition to the rising trend of retail sales with the implementation of digitalization is the primary key factor in expanding the market share during the forecast period.

Collagen peptides, which stimulate organic collagen-producing cells and decrease premature wrinkles are commonly included in beauty beverages. There is a growing demand for beauty beverages such as collagen-based drinks due to increased knowledge of beauty drinks that provide healthy aging benefits with a concentration on the face, scalp, and nail beauty.

This is because rising consumer knowledge of the advantages of collagen peptides and tripeptides incorporated in human nutrition has gained momentum in both the nutrition and cosmetic industries, leading to the global rise of nutricosmetic solutions.

Furthermore, protein beauty drinks are likely to have a significant proportion of the market over the projection because they are protein-rich components that play a vital role in skin care regimens, which is driving market expansion. It helps to rejuvenate the consumer’s complexion from the inside out when taken regularly. Protein-rich beauty beverages provide various anti-aging advantages, including improved hair and skin, joint restoration, and gut healing.

The market size is estimated to grow with the extensive product launches by beauty companies

Several companies have introduced products and have partnered with other companies to expand their operations which in turn will lead the market to drive revenue in addition to attracting consumers. For instance, Oriflame Cosmetics collaborated with design studio Butterfly Cannon to develop Wellness Aqua Glow in May 2020. Aqua Glow, a beauty drink combining Ceramosides and lingonberries, was the focus of the cooperation. Swedish chemists created the drink to “supplement skin care procedures and promote moisture from the inside out.” Similarly, Sappe PCL announced two new beauty beverages with a less sweet mix that assist enhance immunity while also enhancing skin complexion in October 2021. Beauty Booster includes chlorophyll, zinc, vitamin E, and vitamin B5 to aid in detoxification and immunity while also providing skin benefits. Beauti Immu-C includes 200% beta-glucan, zinc, and vitamin C to aid in the battle against free radicals, increase immunity, and improve skin.

The rising consumer awareness along with the increasing rate of the aging population will surge the market share in the next five years

Beauty beverages contain antioxidant-rich substances such as botanical extracts from fruits and other herbs, minerals, and vitamins. The majority of beauty beverages are consumed by beauty-conscious customers who lead busy lives. During the projection period, a growing population of health-conscious customers, along with high levels of disposable income in developing countries, is likely to create new development prospects. The increased consumer awareness of anti-ageing goods and healthy beverages has resulted in the creation of several new drink categories, such as functional and beauty drinks. In industrialized nations, customers prefer functional beverages with additional vitamins and minerals to their equivalents, including carbonated soft beverages.

Moreover, the increasing number of aging populations will drive the market trend to surge by generating demand for anti-ageing beauty drinks all around the world. According to UN figures, the number of individuals aged 60 and more will exceed 2.1 billion by 2050, more than double the figure of 962 million in 2017. Furthermore, the number of persons aged 80 and up is expected to triple between 2017 and 2050, from 137 million to 425 million.

According to analysts, the Asia-Pacific region is expected to witness positive market growth in the upcoming years.

Based on Geography, the global beauty drinks are classified as North America, South America, the Middle East, Africa, Europe, and Asia Pacific. Due to consumer awareness and market competitiveness among companies, the market share for this region is predicted to witness a surge. For instance, in September 2020, VANI-T and U-TONIC, two South Australian firms, announced a world-first partnership, a collagen-infused beauty kombucha. The Lumiere Collagen Beauty Elixir is a novel hybrid product that combines beauty and science. Along with the kombucha, VANI-T is introducing a collagen herbal beauty tea mix, which is another first in the collagen wellness category. VANI-T is an Australian luxury tanning, beauty, and wellness firm that serves millions of customers worldwide. Their organic spray tanning formulations are based on indigenous plants and organic components from Australia. U-TONIC is recognized for producing scientifically blended beverages made from 100% natural ingredients, to improve people’s physical and mental health through its ‘functional’ beverage line.

COVID-19 Insights

The COVID-19 virus epidemic had a detrimental influence on market expansion in 2020, owing to higher rates of unemployment, social distancing as well as lockdown precautions, and lower consumer spending globally. At the height of the epidemic, customers prioritized basic commodities and products, resulting in lower total expenditure on beauty products. Marketing costs have decreased globally, as have the postponement and rescheduling of product launches, as well as other related considerations. Furthermore, industrial units were shut down, adding to the already minimal customer preferences.

Global Beauty Drinks Market Scope:

The global vehicle emission sensor market is projected to grow at a CAGR of 2.01% during the forecast period to reach US$4.496 billion by 2027, from US$3.911 billion in 2020.

Located in the exhaust pipe of vehicles, a Vehicle emission sensor is a highly sensitive device that is used to detect and measure the concentration of exhaust gas emitted by the internal combustion engine of vehicles. These sensors are used for control as well as diagnostic purposes as modern-day engines are required to control a wide range of parameters for the smooth functioning of automobiles such as fuel injection amount, air flow, EGR, engine temperature, exhaust oxygen content, and many more. On a wider basis, oxygen sensors and nitric oxide sensors are used to detect the emission gases from modern-day vehicles.

The augmenting automobile demand due to rising disposable income and the growing air pollution concerns has accelerated the vehicle emission sensor demand during the forecast period.

As the market for automobiles in the world is growing the environmental concerns attached to the rising number of automobiles are increasing simultaneously. Owing to higher disposable income and the necessity to travel from one place to another have boosted the demand for automobiles in the past few years. As per the ACEA (European Automobile Manufacturers Association), a total of 79.1 million motor vehicles was produced in 2021 in the world, the statistics say that the number has increased by 1.3% from the previous year. Additionally, rising innovations and technological advancements are attracting new customers to the automobile market.

Furthermore, in the past few years, the demand for electronic vehicles has surged as they are environmentally safe alternatives to their traditional counterparts. EVs significantly help the environment by the reduction in greenhouse gas emissions. Also, EVs are safer alternatives in the automobile industry. For instance, rising innovation in the EV sector is driving the demand for EVs across the world. In December 2021, Model Y of Tesla was awarded IIHS Top Safety Pick+. The Model Y cars are built for North American markets to provide high-end safety to the drivers, passengers, and pedestrians.  Furthermore, EVs can offer rapid charging capability, high-resolution intelligent displays, part assistance cameras, environment-friendly components and many more are boosting the demand for automobiles.

The global air pollution concerns are also rising which is creating alarming demand to keep an eye on vehicle emissions. According to the World Health Organization, the greatest health risk is air pollution. Additionally, the Ambient (outdoor) air pollution report published by WHO in September 2021 states that air pollution is the root cause of stroke, lung diseases, and both chronic and acute respiratory diseases, including asthma. The outdoor air pollution is mainly caused due to industries, transport, and urban planning among others. And with the rising number of transport vehicles, motor vehicles, etc. the risk of air pollution is rising every year. Hence, the need to regulate the emissions by vehicles is surging.

The rising government initiatives to control the air quality are boosting the demand for vehicle sensors.

The increasing efforts by numerous independent organizations to reduce air pollution and vehicle emission have opened the eyes of governments across the world. Organizations like ICCT (The International Council on Clean Transportation) are taking a step forward to provide technical and scientific analysis to environmental regulators. The EPA (Environment Protection Agency) has reported in its June 2022 report that a typical passenger vehicle emits about 4.6 metric tons of CO2 per year. Such rising environmental concerns across the globe have encouraged government initiatives to monitor the emissions from vehicles. For instance, in India, the Bharat Stage (BS) Norms set by the Central Pollution Control Board of India mandate all vehicle manufacturers to sell only those vehicles which comply with BS norms. The BS-VI- which is applicable from 2020 allows only 10ppm of sulfur. So, these vehicle sensors help to keep track of the emissions from the vehicles and ultimately contribute to compliance with legal emission limits.

Additionally, these vehicle emission sensors are also mandatory in many cases. For instance, under the ODB-II regulation, the O2 sensors are mandatory on all cars manufactured since 1981. The regulation also states that all cars made in 1996 and after are required to have a second oxygen sensor that is located below the catalytic converter. The O2 sensors are used to monitor how much-unburned oxygen is present in the exhaust.

The market is anticipated to prosper as a result of rising market competition

The rising demand for these vehicle emission sensors is also boosting the market competition as companies like IMR Environmental Equipment, Inc. Cubic Sensor and instruments, and SenSic AB have launched their vast range of NOx sensors in the market. For example, IMR offers Model 1440FL portable- Exhaust Gas Analyzer which is designed to measure exhaust gases on Forklift Trucks, Generators, cars, and machinery which are powered by gas or diesel engine. On the other hand, Cubic offers Model NOx Sensor- 5WK96616F which can be used to detect the content of nitrogen oxides in engine exhaust. These NOx sensors by Cubic are used for catalyst management in vehicles that have gasoline or diesel engine. These market players are benefiting through the higher sale of automobiles and thus, the market competition offering vehicle emission sensors in the market is also rapidly increasing.

The increasing growth of the automotive industry in the Asia Pacific region is supporting the global vehicle emission sensor market growth

With the growing economies like India and China, the Asia-Pacific region is expected to boost the demand for automotive causing an increase in the demand for vehicle emission sensor market. In 2021, the Asia-pacific region produced a total of 4,67,32,785 units as per the OICA statistics report. China is a dominant position in the Asia-pacific automotive market.

COVID-19 Insights

The pandemic harmed the global vehicle emission sensor market, owing to the significant impact of COVID-19 on the automotive industry. During the pandemic, consumer behavior focused more on necessities than luxury goods, hence the overall automotive sector felt the impact of the COVID-19 pandemic in terms of sales. For instance, the Ford-2020 annual report indicated an overall decrease in the sale of vehicles to the dealerships in 2020. The total vehicles sold to the dealership was 5,386 thousand units in 2019 which fell to 4,187 thousand units in 2020. Major factors like disposable income, epidemic severity, and travel restrictions led to declining demand for automobiles which in turn lowered the demand for vehicle sensor market from the end-user industry. 

Global Vehicle Emission Sensor Market Scope:

The Frozen Fruit market is expected to grow at a compound annual growth rate of 6.81% to reach a market size worth US$7.163 billion by 2029. This market was valued at US$4.517 billion in 2022.

Frozen fruits are sugar-free alternatives that can be mixed into smoothies, yogurt, and other dishes. They have a long shelf life, come in convenient portion sizes, and are pre-peeled and prepared. They are typically harvested at their peak ripeness and hold a significant portion of the processed food segment. Furthermore, several frozen products have more nutritional value than any other form of preservation and, in some cases, even higher nutritional values than fresh products, according to the Food and Agriculture Organization of the United Nations. Typically, no chemicals are used in their production. As a result, consumers looking for a healthy breakfast option or a healthy snack prefer frozen fruits.

According to the United States Department of Agriculture, fruits such as pears and apples can be stored under controlled conditions for up to 12 months before being sold. Other fruits, on the other hand, cannot be stored for such a long time. As a result, the frozen fruit market is expected to expand in the coming years. Furthermore, they have a longer shelf life than fresh fruits, allowing retailers to plan time and resulting in fewer losses due to product deterioration or damage during transportation.

Furthermore, according to the Peruvian Association of Mango Producers and Exporters, Peru is the world’s third largest exporter of mangoes. Fresh mango accounts for nearly 60 percent of exported mango, while frozen mango accounts for 20 percent of Peruvian tropical frozen fruit exports to Europe. Furthermore, according to the Aegean Exporters’ Association, Turkey’s fresh fruit and vegetable exports increased by 20 percent this year, from $777 million to $936 million. According to the same data source, the United States and European countries are the leading frozen fruit exporters.

The prevalence of consumer health awareness to decrease the sugar intake in the diet is further adding impetus to the frozen fruit market growth.

According to the International Diabetes Federation, there are 537 million people living with diabetes today, with 700 million expected to be diagnosed by 2024. As a result of the increasing prevalence of diabetes and other diseases, consumers have become more concerned about their diets, particularly their sugar intake. As a result, there are numerous sugar substitutes on the market, but not all of them provide the necessary vitamins and nutrients. Frozen fruits are unprocessed and contain almost all the essential nutrients, such as fiber, antioxidants, vitamins, and minerals. They are picked at their ripest point and frozen to preserve nutrients without the addition of sugar or additives.

Frozen fruits can also be used as a sugar substitute in other industries. Tropical frozen fruits, for example, are commonly used in yogurts and other milk-based beverages in the dairy and ice cream industries. Similarly, tropical frozen fruits are used in the beverage industry to make juices and smoothies.

Several businesses have also increased their operations and investments in this market.

• In 2021 – Greenyard Frozen UK and Tesco entered into a partnership to provide consumers with a wide variety of frozen fruits, vegetables, and herbs. Greenyard has been supplying frozen produce to Tesco for over 35 years and is delighted to have been awarded a supply agreement for the entire range of frozen fruits, vegetables, and herbs. With around 25 premium quality frozen fruit stock-keeping units, Tesco will be able to offer its customers the widest frozen fruit portfolio.

• 2021 – Chilean soft fruit conglomerate Hortifrut merged its frozen berry export business with Alifrut, the country’s largest processor and exporter of frozen fruits and vegetables. Hortifrut’s global commercial platforms combined with Alifrut’s industrial and commercial expertise as a multi-product frozen processor in the new company. The two companies stated that the agreement would promote the development and international growth of their main consumer markets, which include the United States, Europe, Asia, and Oceania. ????

• 2021 – Nature’s Touch Frozen Foods, a supplier of frozen fruits and vegetables to Canada and the United States, invested US$40.3 million in Warren County in 2021. Nature’s Touch built a 126,000-square-foot building.

• 2022 – Hortifrut announced the opening of a new distribution center in Ireland, as well as collaboration in India, to help the company expand its reach. This was done to participate directly in emerging consumer trends and to keep European and Asian expansions on track, where they anticipate the most future growth.

According to analysts, the European region is expected to occupy the dominant share of the market in the upcoming years. 

According to the European Association of Fruits and Vegetable Processors Organization, the industry accounts for an average of 6% of the total food processing industry in Europe, with frozen fruits accounting for a significant share.

Smoothies’ growing popularity as a convenient and healthy sugar substitute option has influenced consumer preference for this market. As a result, they prefer frozen fruits, which has an impact on market growth in the European region. Germany, Poland, the United Kingdom, the Netherlands, and other developing countries are the primary suppliers.

COVID-19 Insights

COVID-19 had a positive impact on the global frozen fruit market. Consumer preference for this market increased during this period due to the longer self-life and health benefits. Furthermore, according to the 2021 American Frozen Food Institute, sales of frozen fruit increased by nearly 30 percent during the first year of the coronavirus pandemic, while sales of frozen vegetables increased by about 15 percent.

Frozen Fruit Market Scope: