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UK online retail, online travel market and online advertising market is expected to witness forecasted CAGR of 6.5% in terms of gross merchandise value, 1.9% in terms of gross transaction value and 7.9% in terms of online ad spent respectively which is an
March 13, 2020 Category: Technology 79 views
The total number of internet users within UK is likely to reach around 52.0 million by the year ending 2025. This will further lead to increase in demand for online shopping and online ticket booking in the country. UK online retail market & online movie ticket booking space is expected to grow along with a forecasted CAGR of 6.5% and 7.0% in terms of GMV and GTV respectively for the period 2018-2025. The total number of trips to abroad from UK is expected to grow at a CAGR of 1.9% to a value of 84.8 million by the year ending 2025. This is also expected to give a boost to the expenditure made on online travelling in UK. The online travel market is projected to grow at a CAGR of 1.9% in terms of GTV for the period 2018-2025. As per We Are Social Statistical Database, UK was evaluated with a total of 45.0 million active social media users therefore, making a social media penetration of 67% and 71.7 million mobile subscription users as of January 2019. The total increase in social media penetration within UK alongside positive growth in the smart phone penetration will further aid in increasing the popularity of digital platforms in the country. Robust Digital Infrastructure: The well developed digital infrastructure in the country owing to the high internet speed and good connectivity in UK will attract more users towards the digital platforms. The internet users are expected to increase at a CAGR of 2.3% during 2018-2025 leading to the increase in online activities of the people. It was also observed that a U.K. based consumer spends on an average of over GBP 42.0 per transaction to around GBP 110.5 per month transaction and this average is expected to increase over long term. Similarly, an average download speed in UK was evaluated around 49 Mbps where 51Mbps was easily attained in urban areas and about 32 Mbps for rural areas. Growing monthly data volume consumption from 190 GB in 2017 to 240 GB in 2018 indicates growth in future. Rising Tourism Expenditure in UK: The expectation of increasing inbound traffic in UK will surge the growth of online travelling industry. The tourism expenditure in UK is expected to grow at CAGR of 1.4% during 2018-2025 leading to the growth of number of travel packages and hotel bookings in UK. The country was ranked 7th in terms of inbound tourist traffic and spending. Approximately 37.9 million tourist arrivals have been registered with spending of around GBP 22.9 billion in the year 2018 and the same is expected to increase over long term. Growing Need for Customization: Rapid technological innovation in the country will create the demand for customization / personalization in the market owing to rapid increase in total social media users and smart phone users which are further expected to increase at a CAGR of 3.8% and 1.9%respectively during 2018-2025 in UK. Analysts at Ken Research in their latest publication “UK E-Commerce Market Outlook to 2025 - Online Retail (By Product Categories, By Desktop and Mobile Transaction Type, By Gender and By Mode of Payment); Online Travel (By Intermediary and Direct Online Sale and By Desktop and Mobile Booking Type); Online Advertising (By Desktop and Mobile Ad Spend, By Type of Advertising, By Type of Display Advertising, By Sectors and By Advertising Model); Online Movie Ticket Booking; Video Streaming; Music Streaming and Online Gambling” observed that the market in UK is at a growing stage and it will further witness growth owing to factors such as rising digital advertising spent, increase in number of websites on desktop and mobile and increasing penetration of smartphones across the country. UK E-commerce market including online retail, online travel, online advertising and entertainment space (movie ticket booking, video streaming, music streaming and gambling) is expected to register a positive CAGR of 6.5% in terms of gross merchandise value, 1.9% in terms of gross transaction value, 7.9% in terms of online ad spent, 7.0% in terms of gross transaction value, 8.3% in terms of subscription revenue, 24.2% in terms of subscription revenue and lastly, 7.8% in terms of gross gambling yield respectively during the forecast period 2018-2025. Key Segments Covered Online Retail Market: By Product Category Type (Apparel and Footwear, Beauty and Personal Care, Consumer Appliance, Consumer Electronics, Consumer Health, Food and Drink, Home Care, Home Improvement & Gardening, Homewares/Home Furnishings, Media Products, Personal Accessories and Eyewear, Pet Care, Traditional Toys and Games, Video Games Hardware and Other Internet Retailing) By Type of Device (Mobile and Desktop) By Gender (Female and Male) By Mode of Payment (Cash on Delivery, Debit + Credit Card and Net Banking and M-Wallets) Online Travel Market: By Categories (Intermediary Online Sales and Direct Online Sales) By Type of Device (Desktop Travel Sales and Mobile Travel Sales) By Intermediary Online Sales (OTA Online Sales to Residents and Other Travel Intermediaries Online Sales to Residents) By Intermediaries Corporate Business Online Sales & Intermediaries Leisure Online Sales By Direct Online Sales to Residents (Airlines Direct Online Sales, Lodging Direct Online Sales, Car Rental Online Sales and Other Transport Direct Online Sales) By Intermediary Corporate Business Online Sales (Air Online Sales Only, Lodging Online Sales Only, Car Rental Online Sales Only, Transport Online Sales Only and and Other Online Sales Only) By Intermediary Leisure Online Sales (Package Holidays Online Sales Only, Air Online Sales Only, Lodging Online Sales Only, Cruise Online Sales Only, Car Rental Online Sales Only, Other Transport Online Sales Only and Other Online Sales Only) Online Advertising Market: By Type of Device (Desktop and Mobile) By Type of Advertising (Paid Search, Display and Online Classifieds and Others include Affiliate Marketing, Email Marketing and Native Advertising) By Sectors (Retail and Consumer, Automotive, Financial Services, Hospitality, Entertainment and Media and Others include Technology, Education, Sports) By Type of Display Advertising (Social Media Advertising, Video Advertising and Others include Banner Ads and Sponsored Ads) By Model (Cost Per Click, Cost Per Mile and Cost Per Action) Online Movie Ticket Booking Market: By Type of Device (Desktop and Mobile) By Gender (Female and Male) Video Streaming Market: By Gender (Female and Male) By Age Group (15-30 years, 31-45 years and 46-55+ years) Music Streaming Market: By Gender (Female and Male) By Age Group (15-30 years, 31-45 years and 46-55+ years) Online Gambling Market: By Type of Device (Desktop and Mobile) By Age Group (21-40 years and 41-55 years) Key Target Audience Online Retail Companies Third Party Websites of Online Retail Online Travel Companies Online Advertising Agencies Online Advertising Platforms Cinema Theatres Third Party Movie Ticket Booking Websites Online Video Streaming Companies and Platforms Online Music Streaming Companies and platforms Online Gambling Companies Time Period Captured in the Report: Historical Period: 2013-2018 Forecast Period: 2018-2025F Companies Covered: UK Online Retail Market: Amazon.com Inc eBay Inc Tesco Plc J Sainsbury Plc John Lewis Partnership Plc UK Online Travel Market: TUI Travel Plc Booking.com Thomas Cook Group Plc Expedia Group Inc British Airways Plc UK Online Advertising Market: Online Advertising Agencies in UK Split An Atom Absolute Digital Crowd Bulldog Digital Media Soap Media Online Advertising Platforms in UK Google Facebook Instagram YouTube LinkedIn UK Online Entertainment Market UK Online Movie Ticket Booking Market: Odeon Cinema Showcase Cinema Reel Cinema Cineworld Cinema Vue Cinema UK Online Video Streaming Market: Netflix Amazon Prime Video NowTV Disney Life UK Online Music Streaming Market: Spotify Amazon Prime Music Apple Music Amazon Music Unlimited Standalone UK Online Gambling Market: Bet 365 Paddy Power Betfair Landbrokes Coral William Hills 888 Holdings Key Topics Covered in the Report UK E-Commerce Industry Overview UK Online Retail Market Market Overview and Genesis Business Models in UK Online Retail Market U.K. Online Retail Market Size, 2013-2018 UK Online Retail Market Segmentation, 2013-2018 Government Regulations in the U.K. Online Retail Market Growth Drivers of U.K. Online Retail Market Trends and Developments in U.K. Online Retail Market Issues and Challenges in UK Online Retail Market Competitive Landscape in U.K. Online Retail Market Company Profiles of Major NBO Companies (Amazon.com Inc, EBay Inc, Tesco plc, J. Sainsbury Plc and John Lewis Partnership plc) Operating in UK Online Retail Market U.K. Online Retail Market Future Outlook and Projections, 2018-2025F Failure Case Study Impact of Brexit on Online Retailers in UK Analyst Recommendations UK Online Travel Market Market Overview and Genesis Business Models in UK Online Travel Market U.K. Online Travel Market Size, 2013-2018 UK Online Travel Market Segmentation, 2013-2018 Competitive Landscape in U.K. Online Travel Market Company Profiles of Major Players (TUI Group, Booking Holding Inc, Thomas Cook Group Plc, Expedia Group Inc and British Airways Plc ) Operating in UK Online Travel Market U.K. Online Travel Market Future Outlook and Projections, 2018-2025F Success Case Study in UK Online Travel Market Impact of Brexit on Travel Industry In UK Analyst Recommendations UK Online Advertising Market Market Overview and Genesis Value Chain Analysis in UK Online Advertising Market U.K. Online Advertising Market Size, 2013-2018 UK Online Advertising Market Segmentation, 2013 & 2018 Competitive Landscape in U.K. Online Advertising Market Customer Profiles Company Profiles of Online Advertising Agencies (Split an Atom, Absolute Digital Media, Crowd, Bulldog Digital Media and Soap Media) Operating in UK Online Advertising Market Profiles of Online Advertising Platforms (Google UK, Facebook UK, YouTube UK, Instagram UK and Linkedin UK) Operating in UK Online Advertising Market U.K. Online Advertising Market Future Outlook and Projections, 2018-2025F UK Online Advertising Market Segmentation, 2018-2025F Success Case Study in UK Online Advertising Market Impact of Brexit on Online Advertising Industry In UK Analyst Recommendations UK Online Movie Ticket Booking Market Market Overview and Genesis U.K. Online Movie Ticket Booking Market Size, 2013-2018 UK Online Movie Ticket Booking Market Segmentation, 2013 & 2018 Competitive Landscape of U.K. Online Movie Ticket Booking Market Company Profiles of Online Movie Ticket Booking Companies U.K. Online Movie Ticket Booking Market Future Outlook and Projections, 2018-2025F Impact of Brexit On Online Movie Ticket Booking Industry In UK Analyst Recommendations UK Video Streaming Market Market Overview and Genesis Business Models in UK Video Streaming Market U.K. Video Streaming Market Size, 2013-2018 UK Video Streaming Market Segmentation, 2018 Competitive Landscape in UK Video Streaming Market Company Profiles of Subscription Based Video Streaming Companies U.K. Video Streaming Market Future Outlook and Projections, 2018-2025F Analyst Recommendations UK Music Streaming Market Market Overview and Genesis Business Models in UK Music Streaming Market U.K. Music Streaming Market Size, 2013-2018 UK Music Streaming Market Segmentation, 2018 Competitive Landscape in UK Music Streaming Market Company Profiles of Subscription Based Music Streaming Companies U.K. Music Streaming Market Future Outlook and Projections, 2018-2025F Analyst Recommendations UK Online Gambling Market Market Overview and Genesis U.K. Online Gambling Market Size, 2013-2018 UK Online Gambling Market Segmentation, 2018 Competitive Landscape in UK Online Gambling Market Company Profiles of Major Online Gambling Companies U.K. Online Gambling Market Future Outlook and Projections, 2018-2025F Impact of Brexit on Online Gambling Market In UK Analyst Recommendations For More Information on the research report, refer to below links: https://www.kenresearch.com/technology-and-telecom/it-and-ites/uk-e-commerce-market-outlook/321671-105.html Related Reports: https://www.kenresearch.com/media-and-entertainment/advertising/us-online-advertising-market-outlook-2025/274276-94.html https://www.kenresearch.com/media-and-entertainment/advertising/singapore-online-advertising-market-research-report/213483-94.html https://www.kenresearch.com/media-and-entertainment/advertising/oman-online-advertising-market/222336-94.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249
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Advancement In Pharmaceuticals Leads The Growth Of Flex Packing Coatings Globally Market Outlook: Ken Research
March 13, 2020 Category: news 74 views
According to the report analysis, ‘Global Flex Pack Coatings Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use’ states that in the worldwide flex pack coatings market there are several corporates which presently operating in the same domain for leading the fastest market growth and registering the effective value of market share around the globe during the forecast duration while increasing the applications of the flex pack coatings, advancing the technologies more positively of production, spreading the awareness related to the advantages of such, and studying and analyzing the regulations of the concerned government includes FPS Pty Ltd, Innovative FlexPak LLC, Flex Film Ltd, LEIPA Georg Leinfelder GmbH, Balmer Lawrie & Co. Ltd, Uflex, Bemis, Sigma Plastics Group, Sealed Air Corp, Berry Plastics Corp, DuPont, Winpak and several others. Generally, the flex pack coating are significantly utilized to label any packaged product. The utilization of the flex (flexible) pack coating supports manage the freshness and structural integrity of the material by safeguarding it throughout the transportation and storage. The effective growth in the requirement for packaging the solutions from the several end users industries namely pharmaceuticals, food and beverages, electronics, cosmetics and lubricants is promoting the growth of the worldwide flex pack coatings market. Not only has this, it also effectively assists in delivering the security to the contents by generating a barrier against moisture, gas, UV light, and several others. Meanwhile, the augmenting apprehension amongst the regulatory bodies around the globe associating plastic waste caused by the all-embracing usage of the flex pack coatings, performs as a restriction for the flex pack coatings market. The powerlessness of the flexible packaging to participate with the inflexible packaging in terms of product fortification from physical hazards can decrease its requirement. The interaction of the flex pack coating material exclusively in the situation of the oversensitive product can also be the aspect for restricting the growth of the flex pack coatings market. Whereas, the few of the aspects for the growth of the flex pack coatings market is the demand for packing the products through the lengthier shipping cycles and effective growth in the shelf lifespan of the product. Not only has this, the significant increase in the demand for lightweight and squeezed matters along with the augmented preference of e-commerce for acquiring goods is also propelling the flex pack coating market. However, the food and pharmaceuticals sectors are the most registering sectors in the flex pack coatings market globally. In addition, the Asia Pacific region controls a foremost share of the global market. The positive growth in population, augment in the requirement from the food and beverages, advancements in the pharmaceutical industry, and transformation in lifestyle in the region are anticipated to boom the market in Asia Pacific throughout the forecast duration. Furthermore, the effective advancements in pharmaceutical and food industries in underdeveloped regions such as China and India are increasing the requirement for the flex pack coatings in these regions. Therefore, in the near years, it is predicted that the market of flex packing coating will increase around the globe over the upcoming years more positively. For More Information, refer to below link:- https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/flex-pack-coatings/300145-101.html Related Reports:- https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/flex-pack-coatings/256254-101.html https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/flex-pack-coatings/232262-101.html https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/flex-pack-coatings/189177-101.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249
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UK E-Commerce Market is Driven by Surge in Digital Ad Spent, Rising Smartphone Penetration and Growth Amongst Youth Population: Ken Research
March 12, 2020 Category: Technology 77 views
“Growing digital penetration and technological innovation in the country has driven the growth of E-commerce market in UK” Increasing Digital Ad Spent in UK: Rapid adoption of internet in UK with 63.1 million users in 2018 has shifted the advertising spent of companies from traditional offline Ads to online ads. This leads to the growth of the E-commerce industry in UK. The sectors are focusing on maintaining their digital presence by creating their own website and spending huge amount on online advertisement to cater to a large amount of traffic. Also, the tech industry of UK is has grown 2.6 times faster as compared to other sectors in past five years thus, evaluated at GBP 180 billion in 2018. The growing size of the industry depicts the continuous technological innovation leading to the growth of digital ad spent in UK. Rising Smartphone Penetration: In accordance with We Are Social Statistical Database, UK was evaluated with total of 45.0 million active social media users therefore, making a social media penetration of 67% and 71.7 million mobile subscription users as of January 2019. The increasing usage of internet via Smartphone has surged the growth of E-commerce industry in the country owing to the convenience and ease of accessing the websites from anywhere along with high internet speed of around 27.55 Mbps and increasing number of mobile optimized websites in UK. Growth in Youth Population of UK: Millennial and young population is the major end user of digital platforms in UK. The increasing number of young online shoppers and solo travelers has majorly contributed towards growing consumption of online video and music streaming services and online travel market in UK. The youth population of UK is increasing with a CAGR of 0.7% during 2013-2018 thus, evaluated at 27.5 million in the year 2018. The well developed digital infrastructure and increasing penetration of internet in the country with 46.2 million users and 95% penetration rate in led to growth of E-commerce industry in the country. Analysts at Ken Research in their latest publication “UK E-Commerce Market Outlook to 2025 - Online Retail (By Product Categories, By Desktop and Mobile Transaction Type, By Gender and By Mode of Payment); Online Travel (By Intermediary and Direct Online Sale and By Desktop and Mobile Booking Type); Online Advertising (By Desktop and Mobile Ad Spend, By Type of Advertising, By Type of Display Advertising, By Sectors and By Advertising Model); Online Movie Ticket Booking; Video Streaming; Music Streaming and Online Gambling” observed that the market in UK is at a growing stage and it will further witness growth owing to factors such as rising digital advertising spent, increase in number of websites on desktop and mobile and increasing penetration of smartphones across the country. UK E-commerce market including online retail, online travel, online advertising and entertainment space (movie ticket booking, video streaming, music streaming and gambling) is expected to register a positive CAGR of 6.5% in terms of gross merchandise value, 1.9% in terms of gross transaction value, 7.9% in terms of online ad spent, 7.0% in terms of gross transaction value, 8.3% in terms of subscription revenue, 24.2% in terms of subscription revenue and lastly, 7.8% in terms of gross gambling yield respectively during the forecast period 2018-2025. Key Segments Covered Online Retail Market: By Product Category Type (Apparel and Footwear, Beauty and Personal Care, Consumer Appliance, Consumer Electronics, Consumer Health, Food and Drink, Home Care, Home Improvement & Gardening, Homewares/Home Furnishings, Media Products, Personal Accessories and Eyewear, Pet Care, Traditional Toys and Games, Video Games Hardware and Other Internet Retailing) By Type of Device (Mobile and Desktop) By Gender (Female and Male) By Mode of Payment (Cash on Delivery, Debit + Credit Card and Net Banking and M-Wallets) Online Travel Market: By Categories (Intermediary Online Sales and Direct Online Sales) By Type of Device (Desktop Travel Sales and Mobile Travel Sales) By Intermediary Online Sales (OTA Online Sales to Residents and Other Travel Intermediaries Online Sales to Residents) By Intermediaries Corporate Business Online Sales & Intermediaries Leisure Online Sales By Direct Online Sales to Residents (Airlines Direct Online Sales, Lodging Direct Online Sales, Car Rental Online Sales and Other Transport Direct Online Sales) By Intermediary Corporate Business Online Sales (Air Online Sales Only, Lodging Online Sales Only, Car Rental Online Sales Only, Transport Online Sales Only and and Other Online Sales Only) By Intermediary Leisure Online Sales (Package Holidays Online Sales Only, Air Online Sales Only, Lodging Online Sales Only, Cruise Online Sales Only, Car Rental Online Sales Only, Other Transport Online Sales Only and Other Online Sales Only) Online Advertising Market: By Type of Device (Desktop and Mobile) By Type of Advertising (Paid Search, Display and Online Classifieds and Others include Affiliate Marketing, Email Marketing and Native Advertising) By Sectors (Retail and Consumer, Automotive, Financial Services, Hospitality, Entertainment and Media and Others include Technology, Education, Sports) By Type of Display Advertising (Social Media Advertising, Video Advertising and Others include Banner Ads and Sponsored Ads) By Model (Cost Per Click, Cost Per Mile and Cost Per Action) Online Movie Ticket Booking Market: By Type of Device (Desktop and Mobile) By Gender (Female and Male) Video Streaming Market: By Gender (Female and Male) By Age Group (15-30 years, 31-45 years and 46-55+ years) Music Streaming Market: By Gender (Female and Male) By Age Group (15-30 years, 31-45 years and 46-55+ years) Online Gambling Market: By Type of Device (Desktop and Mobile) By Age Group (21-40 years and 41-55 years) Key Target Audience Online Retail Companies Third Party Websites of Online Retail Online Travel Companies Online Advertising Agencies Online Advertising Platforms Cinema Theatres Third Party Movie Ticket Booking Websites Online Video Streaming Companies and Platforms Online Music Streaming Companies and platforms Online Gambling Companies Time Period Captured in the Report: Historical Period: 2013-2018 Forecast Period: 2018-2025F Companies Covered: UK Online Retail Market: Amazon.com Inc eBay Inc Tesco Plc J Sainsbury Plc John Lewis Partnership Plc UK Online Travel Market: TUI Travel Plc Booking.com Thomas Cook Group Plc Expedia Group Inc British Airways Plc UK Online Advertising Market: Online Advertising Agencies in UK Split An Atom Absolute Digital Crowd Bulldog Digital Media Soap Media Online Advertising Platforms in UK Google Facebook Instagram YouTube LinkedIn UK Online Entertainment Market UK Online Movie Ticket Booking Market: Odeon Cinema Showcase Cinema Reel Cinema Cineworld Cinema Vue Cinema UK Online Video Streaming Market: Netflix Amazon Prime Video NowTV Disney Life UK Online Music Streaming Market: Spotify Amazon Prime Music Apple Music Amazon Music Unlimited Standalone UK Online Gambling Market: Bet 365 Paddy Power Betfair Landbrokes Coral William Hills 888 Holdings Key Topics Covered in the Report UK E-Commerce Industry Overview UK Online Retail Market Market Overview and Genesis Business Models in UK Online Retail Market U.K. Online Retail Market Size, 2013-2018 UK Online Retail Market Segmentation, 2013-2018 Government Regulations in the U.K. Online Retail Market Growth Drivers of U.K. Online Retail Market Trends and Developments in U.K. Online Retail Market Issues and Challenges in UK Online Retail Market Competitive Landscape in U.K. Online Retail Market Company Profiles of Major NBO Companies (Amazon.com Inc, EBay Inc, Tesco plc, J. Sainsbury Plc and John Lewis Partnership plc) Operating in UK Online Retail Market U.K. Online Retail Market Future Outlook and Projections, 2018-2025F Failure Case Study Impact of Brexit on Online Retailers in UK Analyst Recommendations UK Online Travel Market Market Overview and Genesis Business Models in UK Online Travel Market U.K. Online Travel Market Size, 2013-2018 UK Online Travel Market Segmentation, 2013-2018 Competitive Landscape in U.K. Online Travel Market Company Profiles of Major Players (TUI Group, Booking Holding Inc, Thomas Cook Group Plc, Expedia Group Inc and British Airways Plc ) Operating in UK Online Travel Market U.K. Online Travel Market Future Outlook and Projections, 2018-2025F Success Case Study in UK Online Travel Market Impact of Brexit on Travel Industry In UK Analyst Recommendations UK Online Advertising Market Market Overview and Genesis Value Chain Analysis in UK Online Advertising Market U.K. Online Advertising Market Size, 2013-2018 UK Online Advertising Market Segmentation, 2013 & 2018 Competitive Landscape in U.K. Online Advertising Market Customer Profiles Company Profiles of Online Advertising Agencies (Split an Atom, Absolute Digital Media, Crowd, Bulldog Digital Media and Soap Media) Operating in UK Online Advertising Market Profiles of Online Advertising Platforms (Google UK, Facebook UK, YouTube UK, Instagram UK and Linkedin UK) Operating in UK Online Advertising Market U.K. Online Advertising Market Future Outlook and Projections, 2018-2025F UK Online Advertising Market Segmentation, 2018-2025F Success Case Study in UK Online Advertising Market Impact of Brexit on Online Advertising Industry In UK Analyst Recommendations UK Online Movie Ticket Booking Market Market Overview and Genesis U.K. Online Movie Ticket Booking Market Size, 2013-2018 UK Online Movie Ticket Booking Market Segmentation, 2013 & 2018 Competitive Landscape of U.K. Online Movie Ticket Booking Market Company Profiles of Online Movie Ticket Booking Companies U.K. Online Movie Ticket Booking Market Future Outlook and Projections, 2018-2025F Impact of Brexit On Online Movie Ticket Booking Industry In UK Analyst Recommendations UK Video Streaming Market Market Overview and Genesis Business Models in UK Video Streaming Market U.K. Video Streaming Market Size, 2013-2018 UK Video Streaming Market Segmentation, 2018 Competitive Landscape in UK Video Streaming Market Company Profiles of Subscription Based Video Streaming Companies U.K. Video Streaming Market Future Outlook and Projections, 2018-2025F Analyst Recommendations UK Music Streaming Market Market Overview and Genesis Business Models in UK Music Streaming Market U.K. Music Streaming Market Size, 2013-2018 UK Music Streaming Market Segmentation, 2018 Competitive Landscape in UK Music Streaming Market Company Profiles of Subscription Based Music Streaming Companies U.K. Music Streaming Market Future Outlook and Projections, 2018-2025F Analyst Recommendations UK Online Gambling Market Market Overview and Genesis U.K. Online Gambling Market Size, 2013-2018 UK Online Gambling Market Segmentation, 2018 Competitive Landscape in UK Online Gambling Market Company Profiles of Major Online Gambling Companies U.K. Online Gambling Market Future Outlook and Projections, 2018-2025F Impact of Brexit on Online Gambling Market In UK Analyst Recommendations For More Information on the research report, refer to below links: https://www.kenresearch.com/technology-and-telecom/it-and-ites/uk-e-commerce-market-outlook/321671-105.html Related Reports: https://www.kenresearch.com/media-and-entertainment/advertising/us-online-advertising-market-outlook-2025/274276-94.html https://www.kenresearch.com/media-and-entertainment/advertising/singapore-online-advertising-market-research-report/213483-94.html https://www.kenresearch.com/media-and-entertainment/advertising/oman-online-advertising-market/222336-94.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249
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Growth In The Health Related Concern Leads The Feed Probiotics Globally Market Outlook: Ken Research
March 12, 2020 Category: news 63 views
According to the report analysis, ‘Global Feed Prebiotics Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use’ states that in the worldwide feed prebiotics market there are numerous corporates which recently functioning more actively for leading the fastest market growth and dominating the effective value of market share across the globe over the upcoming years more actively while increasing the applications of the feed prebiotics market, decreasing the price of the product, accepting the strategies and policies for enlarging the business premises and analyzing the strategies and regulations of the government includes Abbott Laboratories, Cargill, Beghin Meiji, Behn Meyer, BENEO-Orafti, CosucraGroupeWarcoing, FrieslandCampina Domo, Jarrow Formulas, Roquette Freres, Royal Cosun, Yakult Honsha and several others. The concentration on superiority, through wide-ranging investment in product Research and development, is the most implemented the effective strategy of the leading players around the world. The foremost investments are absorbed toward the product-line enlargements and the modernization of new products, for intensifying the purchaser base. The probiotics are the microorganisms that enjoy the health advantages when consumed in the demanded quantity and also effectively develops the immune system of the livestock. Whereas, the feed probiotics market is effectively increasing due to the effective growth in the consciousness among the customers related to the animal health coupled with the positive growth in the requirement for the quality introduce from the animals. The optimization of the probiotics in the animal have several advantages likewise the assistance of the digestive and immune system of the animals and also decrease the substantial dependency of the animals on the antibiotics. Based on the type, the market of feed prebiotics across the globe is segmented into Inulin, Fructo-Oligosaccharides, Galacto-Oligosaccharides and several others. However, on the basis of application, the worldwide feed prebiotics market is fragmented into Ruminant, Poultry, Swine, Aquaculture, Pet Food, Horses and numerous others. However, the Inulin has been demonstrated to be advantageous to aquaculture and it is comprehensively utilized as an additive in the feed for carp, shrimp, and tilapia. Through the procedure of fermentation, inulin develops vigorous intestinal microflora (bifidobacterium). The raw material for inulin, chicory root, is also effectively utilized as the raw materials for the other worthwhile businesses, like the coffee industry. Although, the research and development disbursement on inulin has continued great, the all-encompassing convention of inulin in animal feed, owing to its various positive possessions on animal nutrition, has led to unremitting growth of the inulin sector of the worldwide feed prebiotics market. The significant growth in the concerns related to the obesity are also supporting the market to increase, as sales of purposeful foods or complements which have prebiotics in them are augmenting. Prebiotics face the great requirement from the food and beverage industry, thus booming up the market. The effective growth in the apprehensions amongst consumers related to their health and effectively augmenting the emphasis on advancing the digestive health are organized accountable for the growth of the feed prebiotics market. Therefore, in the near years, it is predicted that the market of feed probiotics will increase around the globe over the upcoming years more significantly. For More Information, refer to below link:- https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/feed-prebiotics-market/300134-101.html Related Reports https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/feed-prebiotics-market/256098-101.html https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/feed-prebiotics-market/232251-101.html https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/feed-prebiotics-market/189160-101.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249
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Australia Hotel Mattress Market growth led by Rise in Hotels’ Customized Requirements, New Projects in Construction and Emergence of Advanced Bedding Technologies: Ken Research
March 12, 2020 Category: retail management 61 views
The report titled “Australia Hotel Mattress Market Outlook to 2025 – Hotel Supply Pipeline, New Bedding Technologies and Faster Hotel Refurbishments to Increase Hotel Bedding Spend in Future” by Ken Research suggested that in the overall accommodation segment, growth in demand for mattresses was led by hotels. Heightened concerns about guest comfort, emergence of new technologies and the objective of achieving similar comfort across global hotel properties led to growth in the hotel mattress industry in Australia. The revenue generated from sale of hotel mattresses is projected to grow at a CAGR of 6.3% during the period 2019-2025 The accommodation industry in Australia saw high investor attractiveness, as the country saw a record 45 hotel sale transactions in 2019, generating a transaction value of approximately AUD 2.0 billion. Vibrancy of the sale landscape, simulated frequent hotel refurbishments leading to growth in mattress industry Comfort Layers Preferred: Luxury, 5-star and Up-Scale hotel brands customize their mattress requirement by developing an exclusive bedding product. The mattress developed is generally supported by a spring base, along with 2-3 comfort layers with each having different properties to supplement comfortable sleep. Polyurethane foam is the most common comfort layer used, due to its wider availability and cheaper price. Other comfort layers gaining traction include memory foam, latex and gel-infused memory foam. Mattress manufacturers generally combine different grades of materials together to form multiple comfort fill layers as well. Emergence of Mattress Recycling: Aiming to reduce the large number of mattresses that are sent to landfills every year in Australia (approx. 1.25 Mn in 2019), organizations such as Soft Landing, Mattress Recycling Australia and Mattress Recycle Australia strive to provide door-to-door mattress collection and recycling services. While hotels are cognizant of the effect that non-recyclable mattresses have on the environment, they are not willing to pay extra for a recyclable mattress. Additionally, they fail to take responsibility for recycling their mattresses and believe it is part of the manufacturer’s job to do so. Predominance of Domestically Manufactured Materials: Mattress Manufacturing Companies promote their products on the basis of their domestic manufacturing base and use it to differentiate their products from low quality imported products. Additionally, GECA (Good Environmental Choice Australia) certified products are promoted, as they are recyclable and are not made up of environmentally-polluting materials. Foam providers including Dunlop Foams, Foamco, and Joyce Foam are GECA-certified and major mattress manufacturers in Australia generally source foam materials from them. Moreover it was witnessed that, companies present in the hotel mattress segment are generally family-owned and exist since more than 50 years in the industry. Key Segments Covered By Mattress Size King and Super King Queen Double Single By Mattress Comfort Level Medium Firm Plush By Mattress Support System Spring Foam Latex Hybrid Key Target Audience Mattress Manufacturing Companies Raw Material Manufacturing Companies Hotels Tourism Associations Accommodation Industry Associations Time Period Captured in the Report: Historical Period: 2014-2019 Forecast Period: 2019-2025 Companies Covered in Report: AH Beard Sealy SleepMaker (The Comfort Group) Comfort Sleep Bedding Sleepeezee Slumbercorp Other Commercial Bedding Mattress Companies Key Topics Covered in the Report Major Upcoming Hotel Projects in Australia Hotel Mattress Procurement Trends- End User Perspective Mattress Need Differing by Hotel Cadres Mattress Pricing Analysis Product Landscape of Major Bedding Industry Players Complimentary Bedding Products Analysis Comfort Layer Tech Used in Hotel Mattresses Why Luxury Hotels Create a Signature Bedding Brand? AH Beard’s Commercial Manager’s Take on the Hotel Mattress Industry in Australia Recommended Market Penetration Strategies Australia Hotel Mattress Industry Future Outlook to 2025 For More Information, refer to below link:- https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/australia-hotel-mattress-market-outlook-to-2025/321674-95.html Related Reports https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/australia-mattress-market/214917-95.html https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/thailand-mattress-market-outlook-/222339-95.html https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/south-africa-mattress-market/220049-95.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249
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Australia Hotel Mattress Market Outlook to 2025: Ken Research
March 11, 2020 Category: retail management 69 views
The report titled “Australia Hotel Mattress Market Outlook to 2025 – Hotel Supply Pipeline, New Bedding Technologies and Faster Hotel Refurbishments to Increase Hotel Bedding Spend in Future” provides a comprehensive analysis on the status of hotel bedding in Australia. The report covers various aspects including the importance of the sleep business, current scenario of the Australian accommodation industry, mattress needs by hotel cadres, bedding manufacturers ecosystem, hotels and resort hotspots in Australia, the current market size of the hotel mattress industry in Australia, hotel mattress procurement trends, market share by bed size, material type, comfort level, mattress pricing analysis, complementary hotel bedding products, type of comfort layers used in hotel mattresses, mattress recycling, branding of beds by hotels, mattress case studies, bottlenecks faced by hotel procurement teams, competitive landscape and interview with AH Beard’s Group Commercial Manager. The report concludes with market projections for future of the industry including forecasted industry size by value and volume and upcoming hotel projects and locations to target, market case studies along with recommended market penetration strategies for a new entrant. Australia Hotel Mattress Market Overview and Size: While the retail segment of the mattress industry was experiencing slow growth over the period, the hotel segment of the industry experienced strong growth, backed by a vibrant hotel development pipeline. Strong growth was also supplemented by a slew of new mattress material technologies such as memory foam, latex, gel infused foam, gel infused memory foam and hybrid materials. Moreover, the frequency within which hotels change their mattresses has been declining as they are paying more attention to guest comfort and are looking to change their bedding on a quicker basis, to stay in touch with the industry bedding trends as well. Australia Hotel Mattress Market Segmentation By Mattress Size (King and Super King, Queen, Double and Single): King and Super King size mattresses were seen to dominate hotel bedding market in Australia with majorly luxury and 5-star hotel brands going for the upper-most size of bedding as a tool to pitch across a comfortable sleeping experience to their guests. By Mattress Comfort Level (Medium, Plush and Firm): Hotels most prevalently bought a medium comfort level mattress for their beds in order to achieve a middle ground in the softness level of the bed. They don’t want to be at the other end of the spectrum when their guest demands an entirely firm or a plush bed, hence they generally go for a medium comfort level mattress By Mattress Support System (Spring, Foam, Latex and Hybrid): Hotels majorly went for a spring base mattress as guests did not want that sinking feeling in their bed. Hotels commonly went for a Pocket spring support system in their mattress accompanied with 2-3 comfort layers made up of memory foam/latex/gel infused foam. Hotel Mattress Procurement Trends- End User Perspective Hotels were generally found to procure mattresses directly from manufacturers and not through retailers such as Harvey Norman and David Jones, due to the inherent customization ability of the manufacturer. Moreover, they were identified to change their mattresses in a span of 7-8 years. Complementary bedding products such as toppers and bed bases were also largely demanded by hotels, apart from mattresses. Delivery time and after-sales service were identified as prime considerations for a hotel in the process of vendor selection. The option of directly selling bedding products to guests and consumers was majorly extended by luxury and premium hotels which had branded and signature bedding products as a part of their guest offering. Competitive Landscape of Major Players Operating in the Australia Hotel Mattress Market Competition stage within the Australia Hotel Mattress Market was observed to be highly concentrated with 4-5 major players such as AH Beard, Sealy and SleepMaker among others dominating the commercial segment in 2018-2019. Major players in the industry were identified to be home-grown companies and were pitching across domestically manufactured bedding products since 50+ years in the country. They were found to be competing on the basis of delivery timelines, price, after-sales service, national presence, mattress quality offered and product customization ability and product variants offered. Australia Hotel Mattress Market Future Outlook & Projections: The market is expected to grow at a high rate in future, with a strong hotel investment pipeline fuelling new demand for hotel mattresses. Additionally, repeat demand will be set forth from frequent refurbishments and rebranding of hotel properties in the country, as hotels look to enhance guest comfort and provide their guests with a good night’s sleep. The recent surge of boutique and independent hotel brands and properties in Queensland, New South Wales and Tasmania is set to spearhead demand for luxury and premium bedding products going forward. Key Segments Covered By Mattress Size King and Super King Queen Double Single By Mattress Comfort Level Medium Firm Plush By Mattress Support System Spring Foam Latex Hybrid Key Target Audience Mattress Manufacturing Companies Raw Material Manufacturing Companies Hotels Tourism Associations Accommodation Industry Associations Time Period Captured in the Report: Historical Period: 2014-2019 Forecast Period: 2019-2025 Companies Covered in Report: AH Beard Sealy SleepMaker (The Comfort Group) Comfort Sleep Bedding Sleepeezee Slumbercorp Other Commercial Bedding Mattress Companies Key Topics Covered in the Report Major Upcoming Hotel Projects in Australia Hotel Mattress Procurement Trends- End User Perspective Mattress Need Differing by Hotel Cadres Mattress Pricing Analysis Product Landscape of Major Bedding Industry Players Complimentary Bedding Products Analysis Comfort Layer Tech Used in Hotel Mattresses Why Luxury Hotels Create a Signature Bedding Brand? AH Beard’s Commercial Manager’s Take on the Hotel Mattress Industry in Australia Recommended Market Penetration Strategies Australia Hotel Mattress Industry Future Outlook to 2025 For More Information, refer to below link:- https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/australia-hotel-mattress-market-outlook-to-2025/321674-95.html Related Reports https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/australia-mattress-market/214917-95.html https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/thailand-mattress-market-outlook-/222339-95.html https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/south-africa-mattress-market/220049-95.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249
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Growing Awareness Level Drive The Emergency Ventilators Globally Market Outlook: Ken Research
March 11, 2020 Category: news 66 views
According to the report analysis, ‘Global Emergency Ventilator Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use’ states that in the worldwide emergency ventilator market there are several companies which recently performing the same domain for leading the fastest market growth and register the great value of market share during the review duration across the globe while increasing the comfort for the patients, advancing the technologies of treatment, establishing new technologies, investing the effective amount for developing the specification for the technologies and studying and analyzing the government rules and regulation includes WeinmannGeraete, Draeger Medical GmbH, Air Liquide Medical Systems S.A., Ambulanc(Shenzhen) Tech.Co.,Ltd, Henan Zosing Medical Instrument, Shanghai Medical Instrument, Jiuxin Medical Technology, AEONMED, NewTech Medical, B.N.O.S. Meditech Ltd, ResMed and several others. The ventilators are often utilized during the surgery when the patient is provided anesthesia, respirators suggest to put the patients to sleep without the interrupting normal breathing. It also diagnoses airway confrontation and irregular operating of the respiratory system. The miscarriage of the ventilators may result in the death so it is classed as a life-critical system and should be greatly dependable. The device is significantly utilized among the victims who have had suffered a spinal cord injury, stroke or neuromuscular syndromes or are suffering from a chronic obstructive pulmonary disease (COPD), hypoxemia and acute lung injury. The report also offers the detailed coverage related to the Emergency Ventilator industry and major market trends. The market research consist of historical and forecast market data, demand, application details, price trends, and company shares of the leading Emergency Ventilator by geography. The research report of emergency ventilators separations the market size, by volume and value, on the basis of application type and geography. Based on the type, the global market of emergency ventilator is segmented into Volume-controlled ventilation modes, Pressure-controlled ventilation modes, and Spontaneous breathing (non-invasive). Additionally, on the basis of application, the market is segmented into Adult, Child and Infant. Nonetheless, the efficient drivers, influencing the emergency ventilator market involve the growth in the geriatric populace, technological advancements and innovations in the portability and design and supportive government funding. Not only has this, the requirement for the emergency ventilators is augmenting with the growing number of the critically ill patients, great incidence of the chronic illness among the children, the prevalence of the lifestyle syndromes such as respiratory diseases, heart attack and the requirement for the ventilators in the emergency care. The significant growth in the target populace base demanding the long-term treatment for the chronic respiratory situations is predicted to influence the requirement. The significant advancement in the healthcare infrastructure in the underdeveloped region along with the positive growth in the awareness related to the present treatments for the chronic respiratory syndrome led to speedy acceptance of the mechanical ventilators in such regions booming up the complete market growth. Nonetheless, the positive growth in the government support, awareness level, disposable income, and private investment for safeguard and proficient cure of the respiratory diseases are predicted to influence the market over the review duration. Therefore, in the coming years, the market of the emergency ventilators will increase around the globe over the near future more significantly. For More Information, refer to below link:- https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/emergency-ventilator-market/300125-101.html Related Reports:- https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/pneumatic-emergency-ventilator/308163-97.html https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/emergency-ventilator-market/300125-101.html https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/emergency-ventilator-market/255871-101.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249
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Growth In Aerospace Leads Usage Of Emi Shielding Tapes Globally Market Outlook: Ken Research
March 11, 2020 Category: construction 74 views
According to the report analysis, ‘Global EMI Shielding Tapes Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use’ states that in the worldwide EMI shielding tapes market there are numerous companies which are recently performing more actively for leading the fastest market growth and accounting the great value of market share around the globe while increasing the productivity of the product, decreasing the price of tapes, delivering the better consumer satisfaction, effectively investing the money for technological advancement and spreading the awareness related to the such includes3M, Laird Tech, Parafix, Chomerics, Henkel, CoilcraftInc?, RTP Company, Tech-Etch, Schaffner Holding AG and several others. The conductive tapes are for EMI shielding. Such materials are effectively utilized to shield plastic housing, cables, and attachments against the undesirable electromagnetic signals. The tapes are also significantly optimized to close the seams in the electrical enclosures and faraday cages. In addition, the several EMI issues can be well solved conveniently by the usage of conductive tape. Some of the most primarily utilized materials are Mu-copper foil, reinforced Amucor foil and greatly conductive textile. All of such materials are exists with or without (conductive) self-adhesive and an optional insulation layer. Not only has this, the few EMI shielding tapes has superb shielding performance at low frequencies, can be soldered, and is convenient to fold into the desired shape. The repeated mergers & acquisitions, joint ventures & partnerships, product developments and enlargements among others are some of the foremost strategies that are taken up by the producers in order to create sure long term necessities in this market. The report of EMI Shielding tapes offers detailed and extensive coverage of EMI Shielding Tapes industry and main market advancements. The market research positively defined the historical and forecast market data, demand, application details, price trends, and company shares of the important EMI Shielding Tapes by geography. The report splits the market size, by volume and value, on the basis of application type and geography. Whereas, based on the type, the global market of EMI shielding tapes is segmented into metal foil and conductive cloth. However, on the basis of applications, the worldwide market of EMI shielding tapes is divided into aerospace and electronics. Although, depend on the geography, the market of EMI shielding tapes is categorized into Asia Pacific region, Europe, North America, Middle East and Africa and South America. However, it is anticipated that owing to the significant industrialization, rapid developments, effective increase in the disposable income, transformation in the living standard of people and growth in the population across the underdeveloped region such as India and China leads the demand for EMI Shielding tapes. Moreover, the Europe and North America are the leading markets for the aerospace thanks to fresh technological advancement and achievements gained during the review duration in the EMI shielding tapes. Therefore, in the upcoming years, it is anticipated that the market of EMI shielding tapes will increase around the globe over the near future along the effective contribution by the upcoming and competitive players. For More Information, refer to below link:- https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/emi-shielding-tapes/300126-97.html Related Reports:- https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/emi-shielding-tapes/255876-97.html https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/emi-shielding-tapes/232235-97.html https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/emi-shielding-tapes/187172-101.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249
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Rise in Demand for Vehicle Production Expected to Drive Global Carbon-Graphite Bushings Market: Ken Research
March 6, 2020 Category: news 73 views
According to study, “Global Carbon-Graphite Bushings Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global carbon-graphite bushings market are St Marys Carbon,Graphite Metallizing Corporation, Helwig Carbon Products, Federal Mogal Corporation, ROC Carbon Company, JTEKT Corporation, Trench Group, NTN Corporation, High Temp Bearings, Timken Company, USG GLEDCO. Carbon graphite bushing is a uniform, self-lubricating, solid, bushing and bearing material that offers superior performance in various applications. It combines the wears resistance, superior strength, and hardness with the natural lubricity of graphite. It is strong stable and acts inert for chemical and corrosive applications. It is appropriate for use in submerged and high-temperature bushings. It is available with multiple standard, styles, and custom-design options. Styles range are from simple sleeve bushings to more complex styles that includes notches, grooves or metal reinforced sleeves. It is beneficial in improving working conditions and increase the quality& productivity. It is used for low-speed shafting applications and also used for very critical applications where bearing failure may lead to severe consequences. It does not attract dust or foreign matter, which makes it a perfect approach for application. The key properties are included self-lubricating, resistance to chemicals, corrosion, and oxidation, low coefficient of friction, low coefficient of thermal expansion, non-galling, good thermal conductivity, compatible with food & pharmaceuticals, good mechanical strength, low density, excellent thermal shock, high temperature resistance and others. Based on type, carbon-graphite bushings market is segmented into carbon bushing and graphite bushing. Based on application, market is segmented into temperatures above 400° F, are as where conventional lubricants could contaminate product, corrosive environments, dusty environments, location is inaccessible for lubrication, food processing pumps, chemical pumps, cold & hot water pumps, process pumps in refineries, cryogenic applications and others. In addition, based on end-use industry, market is segmented into military industry, food industry equipment, automotive Industry, robotic industry, weapon industry, aeronautics & aviation industry and others. The carbon-graphite bushings market is driven by increasing demand for vehicle production, followed by rapid industrialization, increase in population, rise in disposable income and growth in economy. However, stringent government regulation may impact the market. Moreover, growth in technological advancement is a key opportunity for market. Based on geography, the North-America holds major share in global carbon-graphite bushings market owing to rise in production of cars in automotive sector in the region. The Eastern-European region is expected to witness higher growth rate due to unexpressed demand from the recession recovery as well as low-interest rates offered for car loans enriched the business of automobile industry over the forecast period. Additionally, the Asian-Pacific region is also expected to witness higher CAGR on account of growth in demand from end-use industries during the forecast period. In upcoming years, it is projected that future of the market will be bright as a result of rise in trend of robotics in the manufacturing and retail industry during the forecast period. For More Information, refer to below link:- https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/carbon-graphite-bushings/300096-101.html Related Reports:- https://www.kenresearch.com/energy-and-utilities/power/carbon-graphite-brush/314368-103.html https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/carbon-graphite-bushings/300096-101.html https://www.kenresearch.com/energy-and-utilities/power/carbon-graphite-brush/276298-103.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249
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Saudi Arabia Bags and Luggage Market Future Outlook: Ken Research
March 6, 2020 Category: retail management 73 views
How Is The Bags And Luggage Market Positioned In Saudi Arabia? What Are The Major Market Trends Driving The Industry? The retail sector in Saudi Arabia has been growing at a CAGR higher than ~% in the last few years. It was estimated at value around USD ~billion in 2018. The brick-and-mortar retailers are expected to gradually adopt the omni-channel business model to establish and maintain constant touch with its customers by adapting to changes in consumer buying pattern. However, the customers in Saudi Arabia prefer to buy the bags and luggage through offline channel rather than an online channel. The Saudi Arabia bags and luggage market consist of luxury bags, non luxury bags and luggage sold in Saudi Arabia through the online as well as the offline channel. Most of the bags and luggage sold in Saudi Arabia are imported from European and Asian countries. There are some manufacturers of luxury bags in Egypt and Turkey but they represent a very small share of the overall market. The numbers of brands operating in the market has grown over as the years. Many fashion brands foresee Saudi Arabia as one of the most lucrative market in the world due to very high purchasing power of the customers. Most of the bags manufacturers operate in Saudi Arabia through franchise model as it help them to reduce their financial and operational risk substantially. Some of the major retailers in the market are Splash, Lifestyle, Rubaiyat, Harvey Nicholas and others. The share of population belonging to 25-54 years of age is ~% of the total population. This age group is the target customers for most of the bags and luggage products. High per capita income which leads to high buying power is another major factor for high potential market. The favorable socioeconomic condition of Saudi Arabia leads to the growth of bags and luggage market. There has been an increase in supply of bags imported from neighboring countries such as Egypt and Turkey. The increase supply can be linked to growth of Egyptian and Turkish fashion designers. Egyptian brand Okhtein is an example, which sells luxury bags in Saudi Arabian market. What Are The Major Types Of Bags Selling In The Saudi Market? Handbags dominated the Saudi Arabian bags market generating nearly two third of the revenue in 2018. Bags have an extensive product reach which include backpacks, cross body bags, handbags, wallets and coin pouches and most of these bag types are used on a daily basis and are considered a necessity and hence have a comparable share in the overall market. The demand for bag packs has grown in the last few years especially due to rising number of laptop users and current trend. Major Brands have been continuously innovating their product to match the fast changing need of the customers. It has been observed that the number of people engaging in sports activities have been increasing in last few years. Gym bags are also getting very popular among young generation who loves to own specific accessories for specific purpose. The rise of athleisure trend has created an entirely new range of consumers. What Are The Major Types Of Handbags Trending In The Market? The Saudi Arabia handbag market is divided into three categories luxury, premium and economy. Premium category leads the market and is followed by luxury and economy category. Business bags have become a necessity for the people of Saudi Arabia, it has been observed that many customers have started to foresee business bags as a lifestyle statement which has prompted them to spend more. This shift in consumer behavior has resulted in increase demand for luxury business bags in the country. Cross body bags are not currently in fashion there is demand for these types of bags in the last five years. Some of the luxury brands have traditionally focused their marketing communication on ladies. However, a trend was noticed where some of the brands are targeting men especially through media advertising. Luxury segment is expected to register the fastest growth rate of ~% from 2018 to 2023. The economy segment will grow at the slowest rate of ~% in the above mentioned period. Key Segments Covered Market Segmentation of Bags Market Types of Bags Backpacks Business Bags Cross body Bags Duffel Bags Handbags Wallet Other Bags Type of Handbag Luxury Premium Economy By Distribution Channel Multi Brand Outlets (MBOs) Exclusive Brand Outlets (EBOs) Local Retailers Online Sales By Material Leather (inc faux and Suede leather) Non Leather By Region Central West South East North Market Segmentation of Luggage Market By Price Segment High (SAR 500) By Case Type Hard Case Soft Case By Region Central West South East North By Sales Channel Online MBOs EBOs Local Retailers Time Period Captured in the Report: Historical Period: 2013-2018 Forecast Period: 2019-2023E Companies Covered: Louis Vuitton (LVMH) Avon Products Inc. VF Corporation Samsonite international SA Adidas AG Nike Incorporated Herschel Supply Co. Hermes’s Marithé et François Girbaud Key Topics Covered in the Report Value Chain Analysis Market Size,2013-2018 Market Segmentation Trends and Developments Issues and Challenges Trade Scenario Porter’s Five Forces Analysis Competitive Scenario Company Profile of Major Players Future Market Size. 2018-2023 Future Market Segmentation, 2023E Analyst Recommendation Wallet Industry Saudi Arabia Backpack Market Saudi Arabia Business Bag Sales Saudi Arabia Luggage Turnover KSA Hard Case Luggage Sales KSA Imported Bag Sales Saudi Arabia Luxury Handbag Market KSA Saudi Arabia Bags and Luggage Market Saudi Arabia Bags and Luggage Industry Bags and Luggage Businesses Saudi Arabia Saudi Arabia Bags and Luggage Market Revenue Major Companies Bags Saudi Arabia Major Companies Luggage Saudi Arabia Saudi Arabia Bags Sales Saudi Arabia Luggage Revenue Handbag Market KSA Bags Luggage Distribution Channels Saudi Arabia Bags Sales in Riyadh Luggage Market in Saudi Arabia Bags Market Trends KSA Luggage and Bags Future Saudi Arabia Luggage and Bags Recent Developments Samsonite Saudi Arabia Market Avon Saudi Arabia Market Louis Vuitton Saudi Arabia Market Adidas Saudi Arabia Market Nike Saudi Arabia Inc. Market Capri Holding Company Bags Luggage and Bags Target Consumers Saudi Arabia Bags demand Saudi Arabia Luggage retailers Saudi Arabia Online Bags sales Saudi Arabia Bags importers Saudi Arabia For More Information on the research report, refer to below link: https://www.kenresearch.com/consumer-products-and-retail/luxury-goods/saudi-arabia-bags-and-luggage-market-outlook/235747-95.html Related reports https://www.kenresearch.com/consumer-products-and-retail/luxury-goods/rolling-luggage-bags/220454-95.html https://www.kenresearch.com/consumer-products-and-retail/textile-apparel-and-footwear/global-luggage-bags/170820-95.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249
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