String replacement in java, similar to a velocity template

Question

Is there any String replacement mechanism in Java, where I can pass objects with a text, and it replaces the string as it occurs.
For example, the text is :

Answer 1

My preferred way is String.format() because its a oneliner and doesn't require third party libraries:

String message = String.format("Hello! My name is %s, I'm %s.", name, age); 

I use this regularly, e.g. in exception messages like:

throw new Exception(String.format("Unable to login with email: %s", email));

Hint: You can put in as many variables as you like because format() uses Varargs