Wednesday, June 21, 2017

Asia Pacific Nutraceuticals Market Outlook to 2021: Ken Research

The report titled “Asia Pacific Nutraceuticals Market Outlook 2021 – Extensive Customer Base Coupled with Rising Disposable Income in India and China to Foster Growth” provides a comprehensive analysis of nutraceuticals market in Asia-Pacific region. The report focuses on overall market size for Asia Pacific nutraceuticals market, market segmentation on the basis of Dietary Supplements, Functional Foods and Beverages, sub-segmentations on the basis of Dietary Supplements by Type of Supplements, Functional Foods and Beverages by Food Category and market segmentation by countries (China, Japan, India, Australia, Korea, Thailand, Vietnam). The report also covers competitive landscape and market share of major players in nutraceuticals market, countries’ import and export scenario, major government regulations and future projections for nutraceuticals market in each country. The report concludes with market projection for future and analyst recommendation highlighting the major opportunities and cautions.
Asia Pacific Nutraceuticals Market
Asia Pacific nutraceuticals market has been recorded as USD ~ million in 2011 and USD ~ million in year 2016, exhibiting growth at a CAGR of ~ % during the period. The changing lifestyles and increasing preferences towards healthy style of eating are acting as major driving forces for Asia Pacific nutraceuticals market. The changing lifestyle which includes excessive consumption of junk food, smoking and alcohol has resulted in imbalance in nutritional requirements, leading to high demand for nutraceuticals in the region. In addition to that, people in Asia Pacific region have diverted their attention towards preventive healthcare rather than curative healthcare, which requires regular consumption of dietary supplements and functional foods to improve immune system against diseases.
Asia Pacific Nutraceuticals Market Segmentation
Asia Pacific Nutraceuticals market is segmented on the basis of three major segments- by dietary supplements, by functional foods and beverages market and by countries. The dietary supplements segmentation is sub-segmented on the basis of types of supplements. Functional Foods and beverages market is further sub-segmented on the basis of food category.
By Dietary Supplements, and Functional Foods and Beverages
Functional foods and beverages segment dominated the Asia Pacific nutraceuticals market with revenue share worth ~% by the year ending 2016. Increasing consumer awareness about health and fitness in the Asia Pacific region is a major driving force which has boosted the demand for functional foods and beverages market. Additionally, elevating consumption of processed food in developing economies such as India and China and rising GDP, which allows users to purchase expensive functional foods and beverages, is further assisting the segment to generate high revenue. On the other hand, dietary supplements have been observed to capture remaining share of the market with growth recorded at a CAGR of ~% in between 2011 and 2016. Increased consumption of junk food, smoking and alcohol has resulted in deficiency of various nutrients in the bodies of Asian people, which has resulting in various lifestyle diseases which majorly includes cardiac disorder, obesity, and diabetes. As a preventive measure of these diseases and for management purpose, doctors in the region are highly prescribing nutraceuticals for completing nutritional requirement of the body and for improvisation of immune system, hence driving the market.
Dietary Supplements Segmentation by Type of Supplements
Vitamins and minerals dominated the market with revenue share of ~% in 2016, driven by rising health consciousness among the ageing population and high incidence rate of vitamin deficiency in the region. The herbal supplements market followed vitamins and minerals with revenue share of ~% in 2016 and is witnessed to showcase a high growth, supported by the fact that many herbal companies are strongly promoting their products for beauty enhancement and health improvement. Korea Ginseng is major example of the same. However, rising prevalence of digestive disorders owing to increased consumption of junk food has resulted in high demand for probiotics in the region, with segment recording growth at a CAGR of ~% in between 2011 and 2016.
Functional Foods and Beverages Market Segmentation by Food Category
Health segment dominated the functional food and beverages market with a revenue share worth ~% in Asia-Pacific functional foods and beverages market in year 2016. Rising health consciousness among the Asia-Pacific countries is urging the manufacturers of functional foods to meet the transforming demand of growing nutrition. Manufacturers are introducing functional fortified foods for specific target audience which is helping them in generating extra revenue from the segment. The example of this can be omega 3 fortified foods for heart health problems. The digestive segment followed health functional foods and beverages market by capturing revenue share worth ~% of Asia Pacific region in 2016. It has been witnessed that the segment is continuously growing at a CAGR of ~% for the projected period of six years from 2011 to 2016 majorly due to rising prevalence of digestive disorders in the region.
By Countries
China dominated the Asia Pacific nutraceuticals industry by grabbing revenue share worth ~% of the overall market by the year ending 2016 majorly due to growing and increasing consumer demand for natural/herbal products that promote healthy living lifestyle and for treating diseases. Additionally, the large presence of customer base in the country coupled with rising disposable income to purchase expensive nutraceuticals is further driving the market in the country. Japan followed China in the Asia Pacific nutraceuticals market by capturing revenue share worth ~% of the overall market in 2016 which is backed by growing demand for joint health and weight loss supplements such as konnyaku, non-caloric fiber for weight loss in the country. Other major countries in the region, India and Australia captured revenue share of worth ~% and ~% in the total market in year 2016 respectively.
Asia Pacific Nutraceuticals Market Future Outlook & Projections
Asia Pacific nutraceuticals market is expected to showcase growth at a CAGR of ~% during the forecast period of four years from 2016 to 2019 owning to the rising demand of dietary supplements in various countries such as China, Japan and Korea and increasing lifestyle shift of consumers towards preventive therapies. Rising disposable income coupled with growing knowledge and awareness about health and fitness are also witnessed as some of the major driving forces for expanding nutraceuticals demand in Asia Pacific countries. Rising population in various countries including India and China, which has provided huge customer base in the region to the market players operating in the market is expected to further assist the companies generate high revenue during the forecast period. The dietary supplements market in Asia Pacific region is expected to grow at a CAGR of ~% for the projected period of six years from 2016 to 2021 majorly due to high sale of vitamins and minerals, containing micronutrients which are intended to aid human body function smoothly and enhance mental health.
Key Topics Covered in the Report:
Introduction to Asia Pacific Nutraceuticals Market, 2011-2016
Nutritional Supplement Industry Trends
Asia Pacific Dietary Supplements Market
Asia Pacific Nutraceuticals Market Size, 2011-2016
Asia Pacific Nutraceuticals Market Segmentation by dietary supplements, food & beverages and countries
Vitamin and Supplement Industry Analysis
Asia Pfizer Revenue Nutritional Supplements
Dietary Supplements segmentation by type of supplements
Foods and Beverages Market Segmentation by Product Category
Vitamin and Supplements Market
Dietary Supplements Industry Growth
China Nutraceuticals Market
Prebiotics Market Asia
Japan Nutraceuticals Market
Sports Nutrition Market Asia
Health Supplements Market Asia
India Nutraceuticals Market
Australia Nutraceuticals Market
Growth Global Dietary Supplements Market Asia
Nutraceuticals Market Asia Pacific Industry Analysis
Korea Nutraceuticals Market
Thailand Nutraceuticals Market
Asia Nutraceutical Market
Supplement Sales Statistics
Vietnam Nutraceuticals Market
Major Trends and developments
Analyst Recommendations
Competitive Landscape of Major Players in Asia Pacific Nutraceuticals Market
Asia Pacific Future Outlook and Projections, 2017-2021
For further reading click on the link below:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Tuesday, June 20, 2017

Consumers have Tendency to buy Breakfast Cereals at Discounted price in Malaysia: Ken Research

The traditional breakfast in Malaysia is steamed rice mixed with an egg and cucumber-onion relish or maybe puffed bread with curry. Breakfast cereals have started making its way into the Malaysian homes and have a huge potential to grow. Diet patterns of western countries are now being widely adopted by people in the country, which boosts the sales of breakfast cereals. Higher disposable income with the people has increased the consumption of cereals. They are very easy to prepare and are a healthier alternative, so the urban population has been increasingly shifting towards consuming cereals. They contain high fibre content and low calories and are good for weight loss. Many new variants for infants are now present in the breakfast cereal market, which contain high nutritional value and are becoming popular.
According to the market research report "Breakfast Cereals in Malaysia", cereal Partners Worldwide is one of the leading companies in breakfast cereals market and has been able to capture the largest market share in the industry. The company is a joint venture between Nestle and General Mills, provides a variety of breakfast cereals, and flakes for the children. It has been undertaking aggressive marketing campaigns, which have now made Cereal Partners Worldwideis a well-known name in the Malaysian household. The company’s campaigns have been encouraging the people to take care of their health and eat healthy food.In the Malaysian food industry, the most commonly used and effective distribution channels are hypermarkets and supermarkets and the companies have been fully utilising these channels.
Breakfast cereals are not considered a necessary item. Other breakfast meals such as cakes, bread or pastries are considered relatively cheaper to the cereals by the consumers as they had become price conscious. In response to this, some of the companies offered discounts in order to make sales. Therefore, there had been a tendency in the consumers to buy breakfast cereals only when they can get it at a discounted price. In addition, the primary focus of breakfast cereals is on children who have a weak purchasing power. This limits the growth rate of the industry.
One of the key strategies to expand the cereal market will be to make the consumers aware of the benefits of breakfast cereals and gain their acceptance by educating them. Right marketing of the products can have a huge impact on the sales and can increase revenues. Breakfast cereals are considered healthy and the market is expected to grow, as consumers are likely to consume more of these products. Discounts on cereals will continue in order to encourage sales. These breakfast cereals are quick and very easy to make and are fit for the fast-paced lifestyle of the people thereby showing growth opportunity. Instant breakfast cereals offered by various companies are very convenient as some of them can be prepared just by adding hot water. They are increasingly being adopted by busy service class people as well as students who are short of time.
Key Topics Covered in the Report:
Malaysia Breakfast Cereals Market Research Report
Malaysia Breakfast Cereals Market Size
Malaysia Breakfast Cereals Market
Malaysia Breakfast Cereals Trade Market
Malaysia Breakfast Cereals Retail Market
Malaysia Breakfast Cereals Production Output
Malaysia Breakfast Cereals Import Volume
Malaysia Breakfast Cereals Export Volume
Malaysia Breakfast Cereals Market Future Outlook
Malaysia Breakfast Cereals Market Competition
Online Sales of Cereals in Malaysia
For further reading click on the link below:
Related reports:
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Increasing Demand for Ride Sharing and Two-Wheeler Transport Services and Rising Consolidation to Positively Impact On-Demand Services in Indonesia: Ken Research

The On-Demand Economy is defined as an economic activity created by technology companies that fulfill consumer demand through the immediate provisioning of goods and services. Supply is driven through an efficient digital web layered on top of infrastructure networks. Ride Sharing Apps in Indonesia, On-demand Laundry Market, On Demand Grocery Market, Indonesia Online Food Market, Go-Jek Market Share Indonesia, Jakarta Grab Indonesia Market Share, On-demand local services startup investment,
The advent of superior technology has allowed the immediate access messaging, e-mails, media and other online functionality through smartphones, giving new generation customers an entitlement to fast, convenient and efficient experiences.
The new on-demand businesses have successfully leveraged technology while utilizing existing infrastructure. Major players operating in this industry and have successfully managed to convert peoples habit into daily routine. Over the last two years, on-demand services have grown into several new verticals and have branched out beyond transportation services. On-Demand service providers have expanded their scale of operations and portfolio of services to include food delivery, groceries, laundry, AC servicing, house cleaning and housemaids. The on-demand economy is revolutionizing consumer behavior across developing countries with the number of companies and their penetration into various markets is expanding at an accelerating pace.
Expansion of on-demand services to underdeveloped cities, easing regulation by the government towards start-ups, rising youth population and  lucrative cash back and promotional discounts by major players will have a positive impact on the on-demand services market in Indonesia.
The report titled “Indonesia On-Demand Services Market - Increasing Internet and Smartphone Penetration and the Advent of Superior Technology to Foster Future Growth” by Ken Research suggested a robust CAGR of 40.0% in revenue of the on-demand services market in Indonesia by FY’2021with transport services and supermarket and grocery products driving the revenues in the future.
Topics Covered In the report
  • Ride Sharing Apps in Indonesia,
  • On-demand Laundry Market,
  • On Demand Grocery Market,
  • Indonesia Online Food Market,
  • Go-Jek Market Share Indonesia,
  • Jakarta Grab Indonesia Market Share,
  • On-demand local services startup investment,
For further reading click on the link below:
https://www.kenresearch.com/technology-and-telecom/it-and-ites/indonesia-on-demand-services-market/116748-105.html
Related Reports by Ken Research
Philippines Online Classifieds Market Outlook to 2021 - Growing Real Estate Market & Demand For Used Cars to Gain Traction In Future
India Online Fashion Market to 2021 - Elevating Sales in Tier II And Tier III Cities is Expected to Fuel The Market In Future
Brazil E-Commerce Market Forecast to 2020 - Growing Internet Penetration and Last Mile Delivery to Shape Future Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Location: France

Mass Merchandiser Channel Lead the Market for Consumer appliances in the South Africa: Ken Research

The manufacturers and retailers of consumer appliance markets all over the world are facing the challenge of changing retail owing to the disruptive change brought about by the dominance of internet as an information and sales channel. This has shifted patterns from traditional formats to omni-channels and brought about a surge in innovation rates with “smart homes” and “smart appliances” being the next big things. It then comes as no surprise that this progressively competitive market is fairly enterprising and ‘Small and Major Domestic Appliance’ manufacturers and retailers are trying to understand which market trends remain constant and which ones change over time because these trends influence consumer purchases and as a result affect overall profitability of the individual brands.
According to the report titled “Consumer Appliances in South Africa”, South Africa's consumer appliance market continued to see positive volume growth in 2016 despite the various challenges that the country faces. Various socioeconomic and economic challenges as well as structural challenges impede economic growth in the country and inflationary pressures, exchange rate volatility and poor export performance all further add to the strain as mass households face increasing financial burdens. Consumers continue to seek “value for money” in all consumer markets, including the consumer appliances market, as household debt to income ratios remain at an all-time high.
The sales in this market are led by mass merchandisers owing to their wide product portfolios and expansive product penetration but retailers specializing in electronics, appliances and drugstores also continue to optimize the available opportunities; private labels continue to raise competition in the entry-level market for small appliances; market players are expanding their portfolios to include leading international brands; players are working to improve their e-commerce presence because of rapid growth in the sales of consumer appliances through internet retailing (albeit from a very low base because store-based retailing channels continues driving the overall market owing to consumer preferences for experiential shopping) and so on.
The expansion of product choice owing to the extensive penetration of private-label products is likely to be appreciated by value-conscious consumers. Market players are working to influence consumer choice through hefty marketing and advertising campaigns, and are aligning themselves with international trends and developments influencing the demand for consumer appliances.
Key Topics Covered in the Report:
South Africa Consumer Appliances Market Research Report
South Africa Consumer Appliances Market Size
South Africa Consumer Appliances Industry Analysis
South Africa Consumer Appliances Trade Market
South Africa Consumer Appliances Retail Market
South Africa Consumer Appliances Production Output
South Africa Consumer Appliances Import Volume
South Africa Consumer Appliances Export Volume
South Africa Consumer Appliances Market Future Outlook
South Africa Consumer Appliances Market Competition
Home Appliances Market South Africa
Refrigerator Demand South Africa
Led Television Market South Africa
South Africa Household Appliances Market
For further reading click on the link below:
Related reports:
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Drifty Fashion Trends Driving The Luxury Eyewear Industry Demand In Argentina-Ken Research

In 2016, the supply of luxury eyewear was extremely limited in spite of the removal of import merchandise barriers. While travelling abroad, people with high purchasing power tend to buy luxury eyewear products because of its extensive supply and versatility in its variety available. People tend to buy luxury eyewear merchandise at airport since shops cater exclusive brands like Cartier and Gucci and have easy access.




According to the market research report "Luxury Eyewear in Argentina", in coming years, the market for optics and eyewear will show optimum growth in future. Enhancement in awareness of the damage caused by the UV rays, the demand of sunglasses and its frames have become a major fashion trend for people. There is advancement in technology and innovation in branded glasses, which have better protection from harmful sunrays, dust, and water and appeal to customers for their fine quality and style. People with higher income use eyeglass as a part of facial accessory and wear the matching sunglasses with variety of outfits as it highlights their personality. The top most players of luxury eyewear market are Essilor, Luxottica, Carl Zeiss, Safilo, Marcolin and Marchon.
The population aged over 45 years on an average has poor eye vision and there is an increase in bad eye vision in young children as well because of excessive usage of electronic devices like tablets, smart phones, etc. therefore, the demand for eye glasses has increased. Also because of increase in population of Argentina and worldwide, several new possibilities as well as opportunities for eye glass manufacturer and retailers have mushroomed. Modern day changing life style encourages individuals to purchase lenses, sunglasses and frames according to fashion trends. Fashion trends for eyewear are continuously changing which leads to an increase in sales of different brands and those brands have to cope up with its changing fashion trends simultaneously.
The development of technology of eye care industry is also increasing at a faster pace from the evolution of eyeglass to soft contact lenses in order to meet the demand of customers. Selling of prescription glasses or contact lenses with expanded production capacity, advanced anti-dumping measures, phytosanitary barriers and rising quality standards has led to increase in demand for luxury eyewear in Argentina in future period and it would lead to boost the sales.
The eyewear market is segmented on the basis of product type, end users and mode of sale. On the basis of product type market is segmented into prescription glasses or spectacles, sunglasses and contact lenses. On the basis of end users it is segmented into comprised retail and online stores. In 2014, in the basis of end users, men’s segment dominated the market but it is estimated that in future women demand for sunglasses and contact lenses will increase rapidly. Especially for female segment the manufacturers are producing new variety of luxury eyewear in forecast years.
Topics Covered in the report
  • Argentina Luxury Eyewear Market Research Report
  • Argentina Luxury Eyewear Market Size
  • Argentina Luxury Eyewear Market
  • Argentina Luxury Eyewear Trade Market
  • Argentina Luxury Eyewear Retail Market
  • Argentina Luxury Eyewear Production Output
  • Argentina Luxury Eyewear Import Volume
  • Argentina Luxury Eyewear Export Volume
  • Argentina Luxury Eyewear Market Future Outlook
  • Argentina Luxury Eyewear Market competition
  • Argentina Contact Lenses Market Research Report
  • Argentina Contact Lenses Market Size
  • Argentina Contact Lenses Market growth
  • Argentina Contact Lenses Market Trends
  • Argentina Contact Lenses Industry
  • Argentina Contact Lenses volume demand
  • Argentina premium Eyewear market research report
  • Argentina premium Eyewear market
For further reading click on the link below:
https://www.kenresearch.com/consumer-products-and-retail/luxury-goods/luxury-eyewear-argentina/112239-95.html
Related reports:
North America Luxury Bag Market by Manufacturers, Countries, Type and Application, Forecast to 2022
Global Pianoforte Market by Manufacturers, Countries, Type and Application, Forecast to 2022
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Location: France

Monday, June 19, 2017

Reliable Baby Foods Brands to Lead Growth in Malaysian Baby Food Market: Ken Research

The food production industry in Malaysia is well-developed but its baby food production industry is still developing. The growth in baby food market in Malaysia has risen sharply over the past few years and has been comparatively steady in volume terms, despite minor fluctuations. The Malaysian birth rate is decreasing slowly and by the year 2020, the birth-rate will further decline. Malaysia’s baby food market is dominated by the multinational brands such as Danone, Nestle and Dutch Lady.
The baby food market in Malaysia is expected to grow rapidly and is desirable due to the swift urbanization, decreased rate of unemployment and increase in working women in almost all the developing sectors. Parents are not willing to compromise in quality of the baby foods and are more eager to spend on quality products. With the number of infants is decreasing, the number of toddlers aged between one and three will be increasing. With the increase in the disposable incomes, parents are likely to get attracted to the available convenient baby foods. Baby food market was least affected by the economic recession because the parents were reliable only on few particular baby food brands.
In order to reduce the expense of baby foods, parents are encouraged the benefits of breastfeeding as it are the best milk for their baby. The government and non-governmental organizations organized many held events to encourage breastfeeding.
According to the market research report "Baby Food in Malaysia", the major factors considered in Malaysia while purchasing baby foods are trusted brand that provides good overall nutrition with safe ingredients/processing along with organic/all natural foods contents. Their friends, well-wishers, family or baby health experts and online resources such as social media recommend majority of the Malaysian consumers, parenting websites, parenting magazines about tips on which baby food to purchase. The sales of baby food have increased annually in terms of both volume and value except in 2012. The total volume sold in 2016 was 12% higher than in 2010 and value in 2016 was 96.5% higher than in 2010, equivalent to an increase of 71% at constant 2010 prices. Malaysia's strong economic performance has made commercial baby food accessible to an increasing number of parents. The rising number of births has further stimulated sales. The market is dominated by baby milks, which account for 90% of retail sales. Cereals represented 6.4%, Wet meals accounted for just 1.2% of market value. Other baby food, now consisting of rusks and snacks, took 2.6% of market value.
The baby food market anticipates a productive growth in the coming years with increase in birth rates. Most of the baby foods are packed in attractive pouches, which are flexible and easy to handle. Today’s busy parental lifestyles demand for more conveniently packed baby food, which are easy to transport. The packets are provided with plastic spouts that help in self-feeding and independence among babies. The future developments in the organic baby foods may benefit in the baby food market growth.
The baby foods are categorized as infant formula, baby foods, and others. Majority of the infant formula consist of infant milk formula and stage-wise milk formulas. Baby foods are prepared, and dried foods packed with nutrition. The other category of baby foods are drinks, biscuits, rusks or dried bread, snacks, cereals, fruit & vegetables, foods and other solids. The baby food is easily accessible to the Malaysians’ due to country’s strong economic performance.
The competitors in Malaysia other than Danone, Nestle and Dutch Lady are Mead Johnson, Abbott, FrieslandCampina, Heinz, Bellamy, Topfer, HiPP, Perrigo, Arla, Holle, Fonterra, Westland Dairy, Pinnacle, Meiji, Yili, Biostime, Yashili, Feihe, Brightdairy, Beingmate, Wonderson, Synutra, Wissun, Hain Celestial, Plum Organics, DGC, and Ausnutria Dairy Corporation (Hyproca). There is a rapid growth in baby foods market annually in terms of both volume and value. The rise in birth rate has increased the baby food market and the baby milk formulas, cereals, wet meals, and others dominate the consumption market. It is estimated that in the coming years, the baby food market will grow but with rise in prices.
Key Topics Covered in the Report:
Malaysia Baby Food Market Research Report
Malaysia Baby Food Market Size
Malaysia Baby Food Industry
Malaysia Baby Food Retail Market
Online Baby Food Sales Malaysia
Malaysia Baby Food Production Output
Malaysia Baby Food Import Volume
Malaysia Baby Food Export Volume
Malaysia Baby Food Market Future Outlook
Malaysia Baby Food Market Competition
Baby Cereal Market Malaysia
Infant Formula Market Malaysia
Malaysia Dry Baby Food Market Research
Malaysia Baby Food Market Regulations
For further reading click on the link below:
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Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Increasing Internet and Smartphone Penetration and Growing Requirement for Customer Convenience to Foster Future Growth of Indonesia On-Demand Services Market: Ken Research

  • The on-demand economy is revolutionizing consumer behavior across developing countries with the number of companies and their penetration into various markets expanding at an accelerating pace.
  • The advent of international and domestic transport and delivery companies including Uber and Go-Jek have further streamlined the on-demand services market in the country
  • Increasing Demand for Ride Sharing and Two-Wheeler Transport Services and Technological Advancements through Mergers and Acquisitions


The On-Demand Economy is defined as an economic activity created by technology companies that fulfill consumer demand through the immediate provisioning of goods and services. Car Rental Apps in Indonesia, On demand helicopter services, Taxi Apps Market in Indonesia, Food Delivery Startups in Indonesia,
Industry Growth On Demand Services, Ride Sharing Apps in Indonesia, On-demand Laundry Market, On Demand Grocery Market, Indonesia Online Food Market, On-Demand Services in Indonesia, Go-Jek Market Share Indonesia, Jakarta Grab Indonesia Market Share, On-demand local services startup investment, Indonesia on-demand laundry app The rising number of individuals making everyday purchases through smartphones will drive the revenue of the on-demand services market in the country. On-demand service providers are faced with many challenges in this market, the most crucial constraint being thin margins. Given their business model and substantial labor needs, reducing margins translates to less profit per transaction. For on-demand service providers, profitability requires significant growth in scale of operations in densely populated areas.
Another important element that on-demand companies need to address to stay ahead of the competition is effective communication. When a customer expects services to be rendered in a fast manner, on-demand companies can’t afford to keep them waiting. In addition, on-demand services must be near users, as proximity is a major logistical issue. As the on-demand economy matures, more successful companies will consume smaller ones. Companies with large capital backing will continue to handle multiple on-demand services at once while pure play companies will look to focus on a single service segment to garner a bulk customer base.
Ken Research in its latest study, “Indonesia On-Demand Services Market Outlook to 2021” suggests that Go-Jek, Grab and Uber Indonesia will continue to dominate this space. However, these players will witness rising competition from emerging players including Seekmi, HappyFresh and Alfacart in the coming years.
Indonesia On-Demand Services Market is projected to achieve a positive CAGR of 40.0% during the period 2016-2021. A major factor that will further augment revenues of the on-demand economy and incentivize more companies to enter this space will be the increasing VC funding coupled with companies further developing their own payments gateway.
Topics Covered in The Report
  • Car Rental Apps in Indonesia,
  • On demand helicopter services,
  • Taxi Apps Market in Indonesia,
  • On-demand transport services revenue ,
  • Food Delivery Startups in Indonesia,
  • Industry Growth On Demand Services,
  • Ride Sharing Apps in Indonesia,
  • On-demand Laundry Market,
  • On Demand Grocery Market,
  • Online Grocery Market Indonesia,
  • Indonesia Online Food Market,
  • On-Demand Services in Indonesia,
  • Go-Jek Market Share Indonesia,
  • Jakarta Grab Indonesia Market Share,
  • On-demand local services startup investment,
  • Indonesia on-demand laundry app
For further reading click on the link below:
https://www.kenresearch.com/technology-and-telecom/it-and-ites/indonesia-on-demand-services-market/116748-105.html
Related Reports by Ken Research
Philippines Online Classifieds Market Outlook to 2021 - Growing Real Estate Market & Demand For Used Cars to Gain Traction In Future
India Online Fashion Market to 2021 - Elevating Sales in Tier II And Tier III Cities is Expected to Fuel The Market In Future
India Hyperlocal Market Outlook to 2020 - Driven by Surge in Number of Startups and Series of Funding

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Location: Brazil
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