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Airport Moving Walkways Global Market Report 2024 Global Market Analysis, Trends, Growth, Research And Forecast 2033
Airport Moving Walkways Global Market
According to The Business Research Company's, The anti stretch mark products market size has grown strongly in recent years. It will grow from $1.6 billion in 2023 to $1.74 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to rise in pregnancy rates, aging population, e-commerce growth, changing lifestyles, health and beauty awareness
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Market Drivers and Trends:
Increasing obesity issues is expected to propel the growth of the anti-stretch mark products market. Obesity refers to a medical condition that raises the risk of many more illnesses and health issues. Cardiovascular disease, diabetes, high cholesterol levels, high blood pressure, liver disease, sleep apnea, and certain malignancies. Obesity is a condition that can cause various skin changes, including the development of stretch marks. For instance, in 2022, according to the World Obesity Federation, the UK-based Federation that drives global efforts to reduce, prevent, and treat obesity, one billion people globally, including 1 in 5 women and 1 in 7 men, will be living with obesity by 2030. Therefore, increasing obesity issues are expected to boost demand for anti-stretch mark products during the forecast period.
Major companies operating in the anti-stretch mark products market are developing innovative products such as Noche y Día. Noche y Día is a brand that offers skincare products including anti-aging and anti-wrinkle creams, serums, and cleansers. For instance, in June 2023, Laboratorios Ximart, a Spain-based company develops and manufactures cosmetic, hairdressing, and personal hygiene products launched a new brand, Noche y Día launch a range of products designed to combat the most common skin problems. With a line that includes slimming anti-cellulite cream, slimming anti-cellulite cream with thermal action and toning anti-stretch mark cream. The brand has also set out to reduce the environmental impact associated with the use of plastic in packaging. In line with this eco-friendly vision, the cap on these new bottles has been carefully designed to reduce the use of plastic by 50%.
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Major Key Players of the Market:
Fujitec Co. Ltd; Hitachi Ltd.; Hyundai Elevator Co. Ltd.; Kone Corporation; Mitsubishi Electric Corporation; Otis Elevator Company; Schindler Holding AG; Stannah Lifts Holdings Ltd.; Thyssenkrupp AG; Toshiba Elevator and Building Systems Corporation; United Technologies Corporation; Wirtgen Group; Orona Group S. Coop.; VGSI Elevator LLC.; Teknic Elevators PPG Pvt. Ltd.; Sigma Elevator Company; Wittur Group; Canny Elevator Co. Ltd.; IFE Elevators Co. Ltd.; Doppler S.A.; SJEC Corporation; Wittur Group S.p.A.; Aljo Elevator; Express Lift Co. Ltd.; Shanghai STEP Electric Corporation; ZIEHL-ABEGG SE; LEHYER GmbH; VDA Group; Luceco Electric Company Ltd.; Ningbo Xinda Group Co. Ltd.
Airport Moving Walkways Market 2024 Key Insights:
• The airport moving walkways market size is expected to grow to $2.99 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%.
• Tourism Boom Fuels Growth In The Airport Moving Walkways Market
• Investment In Moving Walkways At Norfolk International Airport
• Asia-Pacific was the largest region in the airport moving walkways market in 2023.
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