In July 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In the first half of 2025, Russia maintained the highest interest rate at 18 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at 0 percent in July 2025. In contrast, Russia maintained a high inflation rate of 8.8 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

Over the five years through 2025-26, revenue is expected to mount at a compound annual rate of 8.9% to £1.6 billion. Growing health consciousness is pushing up sales for the Japanese and sushi restaurant industry, with people becoming increasingly more vigilant about their food. The unique Japanese diet is rumoured to be linked to healthy ageing and longevity, which many of the industry’s key markets are prioritising. A growing Japanese diaspora, cultural diversity and the willingness of the population to explore new cuisines and foods boost restaurant bookings and sales as people crave new experiences. Online food ordering and delivery platforms like Deliveroo have become integral to the dining industry and a key driver of strong sales, particularly after the pandemic. Many restaurants have adopted new business models, like dark kitchens and delivery-only kitchens, to meet the growing demand for convenient and fast food delivery. Amid cost-of-living pressures and prevailing economic uncertainties, some people are reigning in dining out and prioritising saving money where they can. Many customers are also embracing the trend of hybrid work to minimise expenditure, which has led to a significant drop in customer footfall in business district outlets. These changes, combined with the inflated purchase costs faced by restaurants, have strained their profitability. Yet, sustained interest in the industry’s fresh and healthy food offerings bolsters sales. Also, with the recent trend of mandated office days, on-the-go sushi restaurants have experienced an uptick in sales. These establishments have increasingly integrated technology, like kiosk ordering and automation in food production, to streamline operations and enhance customer satisfaction. In 2025-26, revenue forecast to climb by 4.5%. Over the five years through 2030-31, revenue is anticipated to climb at a compound annual rate of 4.1%, reaching £1.9 billion. Despite ongoing challenges like rising food inflation and labour shortages, Japanese and sushi restaurants are actively implementing cost-saving strategies. They are readjusting their menus and supply chains to keep costs to a minimum, aiming to mitigate the impact of increasing operating expenses. Growing health concerns will continue to drive expansion in the industry, with young, ethically-minded consumers sustaining the industry's long-term growth. Consumers expect more than high-quality food – a unique customer experience is vital to stand out. Gen Z is set to dominate in the coming years, bringing new values and markets, focusing on healthy eating and brand authenticity.

Snapshot img

Automotive Seat Belt Pretensioner Market Size 2024-2028

The automotive seat belt pretensioner market size is forecast to increase by USD 5.27 billion at a CAGR of 6.9% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing demand for safety features in various vehicle segments. The market is witnessing increased adoption in SUVs and is expanding into low-cost, compact vehicles and commercial vehicles. However, the market growth is not without challenges. One major obstacle is the perception that seat belts, including pretensioners, are uncomfortable safety devices. This perception may hinder market penetration, particularly in regions where affordability and comfort are prioritized over safety. Another challenge is the regulatory landscape, with varying safety standards across different countries and regions.
Companies must navigate these complexities to ensure compliance and maintain a competitive edge. To capitalize on market opportunities, automotive manufacturers and suppliers must focus on enhancing the comfort and design of seat belt pretensioners, while also addressing regulatory requirements. By doing so, they can effectively meet consumer demands for safety and comfort, ultimately driving market growth.

What will be the Size of the Automotive Seat Belt Pretensioner Market during the forecast period?

Request Free Sample

The market continues to evolve, driven by advancements in vehicle safety technologies and the increasing demand for enhanced occupant protection. Inertial reels and belt tensioners are integral components of these systems, working in unison to optimize safety performance during a collision. Vehicle connectivity plays a crucial role in the seamless integration of pretensioner systems, enabling real-time monitoring and activation. Lightweight materials, such as advanced polymers and composites, are increasingly utilized in the production of pretensioners, ensuring optimal functionality while reducing overall vehicle weight. Pelvic restraint systems, incorporating pretensioners, are gaining popularity as they offer improved injury prevention and occupant kinematics.
Crash safety remains the primary focus, with sensor technology and occupant kinematics playing essential roles in understanding the dynamics of collisions and optimizing the pre-tensioning mechanism's performance. Safety standards, such as Euro NCAP and ECE regulations, set stringent requirements for pretensioner systems, necessitating rigorous compliance testing, including durability, performance, and cost optimization. Innovations in Autonomous Vehicles and electric vehicles are driving the development of electric pretensioners and gas generators, while driver assistance systems and seat belt retractors continue to refine the overall driving experience. The ongoing integration of inflation systems, belt locking, and load limiters further enhances the market's dynamism.
Quality control and occupant protection remain top priorities, with advanced materials and passive safety systems ensuring optimal performance under various conditions. The market's continuous evolution reflects the industry's commitment to enhancing vehicle safety and improving overall road safety.

How is this Automotive Seat Belt Pretensioner Industry segmented?

The automotive seat belt pretensioner industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  PC
  CV


Technology Specificity

  Mechanical
  Pyrotechnic
  Electric


Sales Channel

  OEM
  Aftermarket


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    The Netherlands
    UK


  Middle East and Africa

    UAE


  APAC

    Australia
    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Application Insights

The pc segment is estimated to witness significant growth during the forecast period.

The market is witnessing significant growth due to the increasing adoption of safety features in passenger cars. Seat belt pretensioners, which are a part of restraint systems, work in conjunction with inertial reels and belt tensioners to optimize belt force during a crash. These systems employ pyrotechnic devices and gas generators for rapid belt tightening, providing better pelvic restraint and chest restraint for occupants. The integration of sensor technology and vehicle connectivity enhances the functionality of seat belt pretensioners. Advanced materials and passive safety systems, such as load limiters and force limiters, ensure optimal performance during crash testing, including Euro NCAP and ECE regulations.

Lightweight materials and cost optimization are essential conside

View data of the frequency at which one unit of currency purchases domestically produced goods and services within a given time period.

Snapshot img

Automotive Tire Market Size 2025-2029

The automotive tire market size is forecast to increase by USD 59.7 billion, at a CAGR of 7.3% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing sales of passenger vehicles worldwide. This trend is expected to continue as the global automotive industry expands. However, the market faces challenges due to the environmental impact of tire manufacturing. The production process contributes to greenhouse gas emissions and the disposal of used tires poses environmental hazards. Another key trend shaping the market is the development of airless tires. These tires offer advantages such as improved durability, reduced maintenance, and enhanced safety.
However, their adoption is currently limited due to high production costs and technological challenges. Companies in the automotive tire industry must navigate these challenges while capitalizing on the growing demand for passenger vehicles to remain competitive. Strategies such as investing in research and development, implementing sustainable manufacturing practices, and exploring partnerships and collaborations can help companies address these challenges and capitalize on market opportunities.

What will be the Size of the Automotive Tire Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample

The market is a dynamic and evolving landscape, shaped by various factors including advancements in material science, vehicle dynamics, and consumer preferences. Natural rubber, a key component in tire manufacturing, continues to be a focal point of research and development, with innovations in polymer chemistry leading to improved tire performance and longevity. Tire alignment and suspension systems play crucial roles in optimizing vehicle handling and ensuring safety. Carbon black, a major additive in tire production, enhances tire durability and resistance to wear and tear. Tread pattern and tire construction are essential factors in determining tire performance across various driving conditions, from wet and dry roads to off-road terrains.

Inflation pressure, a critical element in tire safety, continues to be a focus area for tire manufacturers and retailers. Wet grip and dry grip are essential performance metrics, with ongoing research aimed at reducing rolling resistance and improving fuel efficiency. The tire industry caters to diverse sectors, including construction equipment, heavy-duty trucks, light trucks, passenger vehicles, and agricultural machinery. Tire retailers and wholesalers play a vital role in ensuring the availability and accessibility of tires for consumers. Tire tread depth, tire rotation, and tire wear are essential considerations for maintaining tire safety and longevity. Braking performance, tire lifespan, and tire safety are key concerns for tire manufacturers and consumers alike.

How is this Automotive Tire Industry segmented?

The automotive tire industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  Aftermarket
  OEM


Vehicle Type

  Passenger vehicle
  Commercial vehicle
  Electric vehicle


Season

  Summer Tires
  Winter Tires (Studded and Non-Studded)
  All Season Tires


Section Width

  230 mm


Tire Type

  Radial Tire (Tube and Tubeless)
  Bias Tire


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Distribution Channel Insights

The aftermarket segment is estimated to witness significant growth during the forecast period.

In the automotive industry, tire replacement is a crucial aspect of vehicle maintenance, especially as they age. The aftermarket sector caters to consumers seeking to enhance their vehicle's performance and safety by providing a wide array of tire options. This segment allows for customization based on individual preferences, driving habits, and budget constraints. Seasonal changes and varying weather conditions drive demand for specialized tires, such as winter or all-terrain, in the aftermarket. Performance enthusiasts and consumers prioritizing handling, traction, and aesthetic appeal often turn to the aftermarket for high-performance or specialty tires. Material science advancements, including the use of carbon black, natural rubber, and Synthetic rubber, influence tire manufacturing.

Tire construction, tread pattern, and tire compounds impact tire wear, rolling resistance, braking performance, and noise levels. Tire rotation, tire balancing, and w

Snapshot img

Dunnage Air Bags Market Size 2024-2028

The dunnage air bags market size is forecast to increase by USD 197.89 million at a CAGR of 5.47% between 2023 and 2028.

The market is experiencing significant growth, driven primarily by the surge in e-commerce industries and the increasing demand for cost-effective solutions to protect goods during transportation. However, market expansion is not without challenges. Regulatory hurdles impact adoption, as stringent regulations governing the use of dunnage air bags in various industries necessitate rigorous testing and certification processes. Furthermore, supply chain inconsistencies temper growth potential, as suppliers struggle to meet the increasing demand for these products. Counterfeit dunnage air bags also pose a significant challenge, as their presence in the market undermines the credibility of legitimate manufacturers and can lead to safety concerns.
Companies seeking to capitalize on market opportunities must navigate these challenges effectively, focusing on regulatory compliance, supply chain transparency, and product authentication to ensure customer trust and long-term success.

What will be the Size of the Dunnage Air Bags Market during the forecast period?

Request Free Sample

Dunnage air bags, a type of protective packaging solution, play a crucial role in mitigating impact during transportation of various goods, particularly in the context of international trade. These air bags, filled with wood foam or other foam materials, help equalize forces and compensate for voids in packaging. The use of these bags in reusable plastic-based containers is gaining traction due to their compacting capabilities, reducing the need for excessive packaging and promoting sustainable practices. The electrical & electronics and consumer durables sectors are major consumers of dunnage air bags, ensuring the safe transport of sensitive goods.
In the healthcare sector, these bags are essential for maintaining the integrity of liquid substrates during transit. Railcars and logistics networks also benefit from the use of dunnage air bags, which help prevent frictional forces and ensure proper positioning of goods. Foam materials derived from shale resources are increasingly being used in the production of these air bags due to their cost-effectiveness and recyclability. As online shopping continues to grow, the demand for efficient and reliable protective packaging solutions, such as dunnage air bags, is expected to increase. Inflation and inflation-related costs are key factors driving the market for these bags.
Overall, the dunnage air bag market is an essential component of the transportation and logistics industries, providing effective cushioning and positioning solutions for various sectors.

How is this Dunnage Air Bags Industry segmented?

The dunnage air bags industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Material

  Poly-woven dunnage air bags
  Kraft paper dunnage air bags
  Vinyl dunnage air bags


End-user

  Automotive
  Food and beverage
  Electronics
  Consumer goods
  Others


Geography

  North America

    US


  Europe

    Germany
    UK


  APAC

    China
    Japan


  Rest of World (ROW)

By Material Insights

The poly-woven dunnage air bags segment is estimated to witness significant growth during the forecast period.

Dunnage air bags, fabricated from robust woven polypropylene material, are a type of specialized packaging solution designed to secure cargo within shipping containers during transit. These air bags, inflated with air, fill void spaces between the cargo and container walls, mitigating potential damage from shifting and impact. Widely adopted in the transportation of large items like furniture, appliances, and fixtures within the electrical & electronics, consumer durables, and industrial chemicals industries, these bags offer crucial stability and support. Foam materials, such as wood foam and corrugated plastic, are alternative options for void filling, providing equalization of forces and cushioning.

In the context of e-commerce growth and online shopping, dunnage air bags ensure the safe transportation of fragile items, maintaining their freshness and positioning during transit. Moreover, sustainable practices are increasingly prioritized, with biodegradable materials and recyclable packaging solutions gaining traction to minimize environmental impact. In the realm of industrial logistics networks, railcars and transportation vehicles rely on these air bags for efficient cargo securing and reduction of in-transit vibration. Reusable packaging, such as returnable packaging and reconditioning infrastructure, further enhances the circular economy and reduces co

Snapshot img

Bias Tire Market Size 2024-2028

The bias tire market size is forecast to increase by USD 6.33 billion at a CAGR of 4.4% between 2023 and 2028.

The market is experiencing significant growth, driven primarily by the increasing demand in the agriculture equipment industry. This sector's reliance on bias tires is due to their superior traction and durability, making them an essential component for heavy-duty farming applications. Additionally, the rise of online retailing in the tire industry is expanding market reach and accessibility, enabling consumers to purchase tires more conveniently. However, the market's growth is not without challenges. Environmental concerns related to bias tire manufacturing activities, including the release of volatile organic compounds and the consumption of natural resources, are becoming increasingly prominent. Companies seeking to capitalize on market opportunities must invest in sustainable manufacturing processes and innovations to meet evolving consumer demands and regulatory requirements. By staying abreast of these trends and challenges, businesses can effectively navigate the strategic landscape and position themselves for long-term success in the market.

What will be the Size of the Bias Tire Market during the forecast period?

Request Free SampleUnderstanding the Dynamics and Trends in the Tire Market The tire market encompasses various product offerings, including tire management software, mud-terrain tires, all-terrain tires, high flotation tires, and tubeless tires, among others. Innovations in tire technology have led to advancements in tire performance optimization, tire automation, tire efficiency, and tire sustainability. Tire manufacturers focus on improving tire manufacturing processes, tire data analysis, and tire modeling to enhance product quality and meet evolving consumer demands. Tire distribution and logistics have gained significance due to the increasing adoption of e-commerce platforms and the need for efficient supply chain management. Tire efficiency and tire cost optimization are crucial factors driving market growth. Run-flat tires, tire inflation systems, and tire pressure management systems are gaining popularity due to their ability to improve fuel efficiency and reduce operational costs. Advanced tire materials and tire simulation technologies enable tire life extension and better tire monitoring systems. Tire warranty and tire sustainability are also essential considerations for tire buyers. Market dynamics and trends indicate a growing focus on tire automation, tire performance optimization, and tire efficiency, as businesses seek to enhance operational efficiency and reduce costs. Tire manufacturers and distributors must stay abreast of these trends to remain competitive in the market. Keywords: tire market, tire technology, tire innovation, tire manufacturing, tire distribution, tire efficiency, tire automation, tire sustainability, tire warranty, tire cost optimization, tire materials, tire simulation, tire monitoring.

How is this Bias Tire Industry segmented?

The bias tire industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. TypeBias belted tiresGeneral bias tiresDistribution ChannelOEMAftermarketGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaEgyptKSAOmanUAEAPACChinaIndiaJapanSouth AmericaArgentinaBrazil

By Type Insights

The bias belted tires segment is estimated to witness significant growth during the forecast period.Bias belted tires, a unique amalgamation of bias and radial tire designs, are distinguished by their belt construction. These tires incorporate a belt, typically made of steel or fiberglass, placed above and beneath the tread, diagonally aligned with the tread center line. The belt reinforces the tire area, enhancing stability and performance. This specialized tire design includes additional belt plies beneath the tread, which strengthen the tire's structure. In heavy-duty applications, such as construction equipment, agricultural machinery, and mining equipment, bias belted tires offer advantages. They provide improved ride comfort, better fuel efficiency, and increased load capacity. The tires' belted construction also ensures tire safety by preventing punctures, while adhering to tire regulations and standards. Tire technology advancements have led to the development of radial belted tires, which offer superior handling and longer tread life compared to their bias belted counterparts. However, bias belted tires continue to play a significant role in the market due to their unique characteristics and applications. Bias belted tires are used in various tire types, including agricultural tires, truck tires, and industrial tires. Their sidew

Snapshot img

Motorcycle Airbag Jacket Market Size 2025-2029

The motorcycle airbag jacket market size is valued to increase USD 246.8 million, at a CAGR of 16.9% from 2024 to 2029. High adoption rate of protective gear will drive the motorcycle airbag jacket market.

Major Market Trends & Insights

North America dominated the market and accounted for a 32% growth during the forecast period.
By Product - Airbag vest segment was valued at USD 100.80 million in 2023
By Type - Cord segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 215.27 million
Market Future Opportunities: USD 246.80 million
CAGR : 16.9%
North America: Largest market in 2023

Market Summary

The market represents a significant segment in the motorcycle safety equipment industry, driven by the high adoption rate of protective gear to ensure rider safety. Core technologies, such as self-contained airbag systems, continue to evolve, offering enhanced protection against various types of impacts. According to industry reports, the self-contained airbag jacket market is projected to experience robust growth due to its ability to provide advanced safety features. However, the high purchasing cost limits its adoption among budget-conscious consumers. Regulations, including mandatory safety standards, are driving the market forward, with Europe and North America leading the way in adoption. Despite challenges, the market presents numerous opportunities for growth, particularly in emerging markets where motorcycle sales are on the rise. For instance, the Asia Pacific region is expected to witness significant growth due to increasing disposable income and rising awareness about road safety.

What will be the Size of the Motorcycle Airbag Jacket Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Motorcycle Airbag Jacket Market Segmented and what are the key trends of market segmentation?

The motorcycle airbag jacket industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductAirbag vestAirbag jacketTypeCordCordlessCoatingNeoprene coatedSilicone coatedNon-coatedNeoprene coatedSilicone coatedNon-coatedFabric TypeNylonPolyesterOthersNylonPolyesterOthersEnd-UserRecreational RidersRacing ProfessionalsCommutersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaUAEAPACChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW)

By Product Insights

The airbag vest segment is estimated to witness significant growth during the forecast period.

Motorcycle airbag jackets represent a significant advancement in rider protection systems, integrating safety features such as impact sensors, protective padding, and airbag inflation systems. HELITE and Ixon are leading companies in this market, offering technologically advanced airbag jackets. These jackets feature mechanical trigger systems, ensuring rapid inflation times and gradual deflation technology for optimal rider comfort and protection. The CO2 canisters are optimally designed for reusability, enhancing the jackets' durability. The market for motorcycle airbag jackets has experienced notable growth, with adoption increasing by 25% in the past year. Moreover, industry experts anticipate a 30% expansion in market size within the next five years. Ergonomic design principles are essential in the development of these jackets, ensuring a snug fit and flexibility for riders. Airbag volume and deployment pressure are crucial factors, with manufacturers focusing on improving both for enhanced protection against falls and collisions. Material tensile strength and fabric breathability are essential considerations in the jacket's construction. Seam strength and jacket ventilation systems are also essential for rider comfort and overall functionality. The airbag deployment system relies on an electronic control unit and a collision detection algorithm to ensure precise impact force distribution and impact threshold detection. Wearable airbag technology continues to evolve, with a focus on improving impact absorption, airbag pressure regulation, and impact attenuation. Durability testing and safety certification standards are integral to the market, ensuring that motorcycle airbag jackets meet the highest crash protection and abrasion resistance requirements. The inflation mechanism and sensor sensitivity are critical components, with manufacturers continually refining these elements to enhance rider safety and comfort. The flexibility and comfort of the jackets are essential, as they must accommodate various rider sizes and preferences while offering uncompromised protection.

Request Free