Wednesday, June 6, 2018

UAE Fitness Services Market Research Report to 2022: Ken Research

Research Methodology – Market Definitions
UAE Fitness Services Market Definition: Fitness Services include all the services provided by the fitness industry such as gym, yoga, martial arts, swimming, zumba, dance based fitness classes (aerobics) and others. Revenue includes the membership revenue generated by all the subscribers from all the fitness centers in UAE. The revenues are computed for both online and offline registration. Personal Training Fee is also included as part of market revenue.

Assistant Instructor Level 1: An Assistant Instructor is usually a new recruit in the process of acquiring a fitness qualification. At Level 2 or 3, Assistant Instructors have the competence to provide basic assistance to exercise participants in the gym. They will be able to assist with safety, maintenance of equipment and promoting exercise and physical activity. They will also be able to safely give a demonstration of the use of gym equipment and stretching. Finally they will have some basic knowledge of anatomy and physiology and can give basic advice to improve performance. An Assistant Instructor will work under supervision at all times and can not work independently to deliver sessions or design programmers.

Group Fitness Instructor Level 2: A Group Fitness Instructor has the competence to independently instruct group exercise sessions. They will be able to apply the core elements of a Level 2 instructor to their work including: health screening, principles of anatomy and physiology, motivation, healthy lifestyles, health and safety and customer service.

Group Fitness Instructor (Freestyle) (Level 2): A Group Fitness Instructor (Freestyle) will focus on the delivery of exercise sessions to a group to music, normally in the studio environment. They will have competency in the planning, selection, sequencing and progression of exercises and appropriate music, and instructing and monitoring client to ensure safe conduct of activities. They will be able to plan original choreography for sessions.

Gym Instructor: A Gym Instructor can independently plan and supervise exercise in the gym. They will be able to apply the core elements of a Level 2 instructor to their work including: health screening, principles of anatomy and physiology, motivation, healthy lifestyles, health and safety and customer service.
Aqua Fitness Instructor: An Aqua Fitness Instructor has the competence to plan, deliver and evaluate water based fitness activities. They will be able to apply the core elements of a Level 2 instructor to their work including: health screening, principles of anatomy and physiology, motivation, healthy lifestyles, health and safety and customer service. They will also be able to understand and apply knowledge of aquatic exercise environments, their benefits and limitations,
exercise techniques, and related equipment, exercise progressions, and stretching used in water based classes.

Research Methodology – Market Definitions
Personal Trainer (Level 3): A Personal Trainer has the competence to design and implement holistic short, medium and long term exercise programmers for a range of clients with a range of exercise goals. They will be able to apply the core elements of a Level 3 Advanced Instructor including conducting health screening, applying the principles of exercise science to programme design, supporting long term behavior change and applying motivational techniques, promoting health and safety and providing customer service.

Pilates Teacher: A Pilates Teacher is able to design, manage and adapt a series of mat Pilates sessions for apparently healthy adults of all ages and deliver Pilates sessions. They will be able to apply the core elements of a Level 3 Advanced Instructor including conducting health screening, applying the principles of exercise science to programme design, supporting long term behavior change and applying motivational techniques, promoting health and safety and providing customer service.

Level Wise Definition of Instructors Certified under REPs
Level 1: Level 1 is an Assistant instructor. They are usually new recruits in the process of acquiring their formal fitness qualification. A registered member will supervise their work at all times. Note: Level 1 is not to be used for instructors who are working as independent trainers but are not qualified at a higher level. Level 1 is for assistant instructors who are not designing programmers or working independently.

Level 2: Instructors, who are able to work independently to promote physical fitness and to plan and teach sessions. There are gym, exercise to music (Group) and aqua aerobics instructors at level 2.

Level 3: Advanced instructors, who are able to devise and deliver programmers to meet individual or group fitness needs. Personal trainers, Yoga, and Pilates teachers are at level 3.

Organized Market these companies include those gyms which are operating on Franchisee model or COCO model across the country. Organized centers are obliged to follow the norms set by the fitness center companies such as gym standards, membership fee and others. The companies which have two or more fitness centers across UAE and earn a gross revenue of AED 1 million and above have been considered in the organized market.

Unorganized Market Unorganized Market includes those fitness centers which have only one fitness centers across UAE. These fitness centers majorly have their own norms, regulations, fee structure and others.

Research Methodology – Consolidated Research Approach
Hypothesis Creation: The research team has first framed a hypothesis about the market through analysis of existing industry factors obtained from magazines, journals, fitness centre websites and Register of Exercise Professional REPs.

Hypothesis Testing: The research team conducted computer assisted telephonic interview (CATI) with several industry professionals including gym trainers, top and middle management of the companies and other stakeholders. The analyst at Ken Research collated their insights on the market onboard and to seek justification to the hypothesis framed by the team.

Sanity Checking @ Decision Tree Analysis: Data has been collected and verified through cross-sanity checking the opinion and facts received from interview with the hypotheses framed from public databases. The team has verified the data by conducting both bottom-to-top and top-to-bottom analysis.

Future Forecasting via Poll Opinions and Statistical Tools: Multi-Factor regression was conducted on the lag variables by identifying the independent and quantifiable variables directly affecting the market. The forecasting was done by using SPSS statistical tools. The variables were checked for multi-co-linearity and other bias that could be present in the model. The conclusion from the regression was then double-checked by conducting poll opinions.

Interpretation and Proofreading: The final analysis will then be interpreted in the research report by our expert team well versed with the Fitness Services Market.

Research Methodology – Market Sizing and Limitation – Fitness Services Market
Market Sizing:
Initially, we have mapped out all the organized players/companies in the industry which have more than two fitness centers across UAE, earning a gross revenue of AED 1 million and above.
Secondly, we have reached out to various fitness centers of these organized chains to get the details of various types of memberships, membership fee, number of active clients/memberships, preference of memberships, number of personal trainers, sessions taken by personal trainer in one day, fees of personal trainer and services provided by the fitness centers to calculate the revenue of the centers and organized market.

Then we have built a bottom to top approach from the strata sample of 27 organized centers and 40 unorganized centers to identify average revenue per organized and unorganized center, average membership per center and other data points related to the market.

Lastly, we have reached out to various industry experts to revalidate our assumptions, conclusion, final estimated value and data.

Limitation:
To convert a potential client, the gym might have conveyed a low membership fee or have not quoted any additional fee that they may charge. We have tried to validate the membership fee and trainer fee by reaching out to the management and validating it from companies' website and other secondary sources.

As a potential customer we had reached out to various centers to know the membership (1 year, 6 months, 3 months & 1 month) preference of various members. The fitness centers might be bullish with the numbers to make a client subscribe for the whole year.

Various companies have an option that customers can avail one session and pay for the same by booking the sessions online and visit the gym to know the facilities. It is not possible to map out this revenue stream and for the same we have excluded this from our market size.

Research Methodology –Variables (Dependent and Independent)
Variables Considered:
Household Disposable Income An increase in disposable income of the people will lead to increase in accessibility of fitness services which will positively affect the revenue of the UAE fitness services market.

Fitness Target Population: An increase in fitness targeted population will fuel the demand for fitness services market. As proportion of target population increases UAE fitness service market will increase positively.

Forecast Modelling:
The report applies Correlation and Regression analysis methods to forecast the future of the UAE Fitness Services Market. The capabilities of SPSS and predictive analytics software have been leveraged to determine the relevant indicators used for forecasting this industry.

In the present case, fitness services market revenue has been taken as the dependent variable and other variables such as household income, fitness target population and number of fitness centers have been taken as independent variables.

For more information on the research report, refer to below link:

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Global Rafting Equipment Market Research Report to 2022: Ken Research

How the Global Rafting Equipment Market is Positioned in the Review Period?
During the review period 2012-2017, the market displayed a stable and steady growth at an annual growth rate of ~%. The growth was supported by factors such as growing awareness of a healthy lifestyle, rising popularity of rafting, growing interest of people in soft adventure sports and others.
During this period 2012-2017, an increased emphasis on water sports by various government bodies, especially tourism boards were visible especially in the leading markets like Americas and Europe. The tourism boards of countries like US, France, Germany and others have put high efforts to promote rafting and other similar water sports activities in an attempt to increase the revenue generated from the tourism industry.
Moreover, changing lifestyles, with more people taking up some form of recreational sporting activity, along with an increase in recreational expenditure, have helped in increasing the popularity of outdoor sports that includes rafting. People have taken up rafting professionally with rising popularity & awareness.
The major customer segment of the market comprise of individual customers. The market is affected by challenges including increased cost of inflatable rafting boats leading to preference for rentals, high degree of risk, unfavorable weather conditions and others.
Improved promotional campaigns were being run by governments and tour operators in various countries in both leading and growing markets, which are adding to the popularity and growth of rafting equipment market.
Increasing participation in the sport led to a rise in the number of water sports tournaments worldwide, further fueling growth in the market. For instance, the United States Rafting Association Championships divides the country into three regions: Western, Central and Eastern. Each region follows the rules of the International Rafting Federation (IRF) in competitions to determine a winner. The champions from the regions then race at the USRA National Championship Race, which then determines the US team for the World Rafting Championships.
Which is the Best Selling rafting Equipment?
The global rafting equipment market was dominated by the revenue generated through the sale of protective gear as of 2017. It accounted for a share of ~% in the overall consumer expenditure in the market. The protective gear includes helmets, rescue throw bags and personal floatation devices or PFDs.
The major factor that supports this segment to stand out among the other rafting equipment is its bulk sales. These are bought by rafting participants and water sporting institutes.
Rafting accessories accounted for a share of ~% in 2017. Rafting accessories includes products such as rafting paddles and dry bags. Rafting paddles are designed on account of various parameters of an individual like heights, abilities and budget and also on the basis of the kind of rafting being practiced.
Which Region has Contributed Highest DAMONG Rafting Equipments?
The global rafting equipment market was dominated by the region Americas with a share of ~% in the year 2017. The region occupies the largest share in the market owing to the presence of well-established water sports infrastructure and the presence of rafting enthusiasts in the region. In the recent years, rafting has been regarded as a recreational activity in the region.
In 2017, the region Europe accounted for the second largest share of ~% in the rafting equipment market. The presence of increased number of water sporting sites across Europe makes it the second-largest revenue contributor to the global rafting equipment market.
The region accounted for the third largest share of ~% in the market, which is regarded as a low share in comparison to the other two regions. Though the region has a presence of significant number of natural water bodies, it is experiencing a slow growth rate in the rafting equipment market.
Middle East and Africa has accounted for the lowest share of ~% in the rafting equipment market in 2017. Rafting is not a popular sport in the region; it has relatively low participation rates and very less facilities available.
Rafting EQUIPMENTS Market - Competitive Landscape
Competition in the global rafting equipment market is highly fragmented due to the presence of large number of regional players. In the Americas, the competition in the concentrated however, majority of market leaders have substantial control in terms of good market and brand share in 2017. Majority of manufacturing facilities are based in this region leading to large exports to countries such as UAE, South Africa and India. Similarly is the scenario in Europe.
The major players in the market carry out both manufacturing as well as trading. Competition in APAC and Middle East & Africa is still in the growing phase & highly fragmented. There are about 4 major rafting equipment manufacturers operating in the global market.
Majority of manufacturing clusters of these major manufactures are located in North America and Europe. The players in the market compete on the basis of prices, product performance (durability & sturdiness), geographic presence, variety in product portfolio in terms of different sizes, material, width, capacity, texture and colors available and association with famous sportsmen/sports teams/event sponsoring for brand endorsements. The major strategy followed by the players in the market is the expansion of product lines which is perceived to enable the leading players in the market to maintain their dominance in the market.
Rafting Equipments Market - Future Projections 
Supported by the growing popularity of the sport and rising awareness among the people regarding the health benefits associated with rafting the global rafting equipment market is expected grow at a CAGR of ~% during the forecast period 2018-2022E. The presence of ample amount of water bodies across the world largely supports the growth in the rafting equipment market.
The market is expected to be dominated by the region Americas owing to growing participation rates and health concerns. In the recent years the region is witnessing an increase in the participation rates paddle sports include paddling, canoeing, kayaking, rafting and stand-up paddle boarding.
High cost of the inflatable boats is expected to raise the preference for rentals over owning during the forecast period. The rental stores are expected to gain popularity among the people as they offer additional services like professional advice in choosing the rafts for the customers.
Companies Cited in the Report
List of Companies                             Companies Covered in the Report
Wing Inflatables
HYSIDE Inflatables                  Major Players in the Global Rafting Equipment Market
SOTAR
NRS
Maravia
AIRE
Key Factors Considered in the Report
Comprehensive analysis of Global Rafting Equipment Market and its segments
Listed major players and their positioning in the market
Identified major industry trends and developments in last few years and assessed the future growth of the industry
Government initiatives and regulations in Global Rafting Equipment Market
For more information on the research report, refer to below link:
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Ankur Gupta, Head Marketing & Communications
+91-9015378249

Hungary Real Estate Market Research Report-Ken Research


How is Real Estate Market Performing in Hungary?

Hungary real estate market contributes a substantial share in Hungary’s overall GDP with infrastructure projects accounting for highest spending. The growth in Hungary real estate market has been driven by four major segments namely- residential, commercial, retail and hotel sectors. Out of all the segments, residential segment has dominated the Hungarian real estate market. In Hungary some of the major cities which have seen the development of real estate sector have been Budapest, Debrecen, Szeged, Miskolc, Pecs and Gyor. The real estate market has witnessed growth in residential market at a CAGR of ~% during the period 2012-2017. But the major decline in retail market has led to plunge in the overall real estate market value.


In 2015, Hungary real estate market witnessed a major setback due to plaza ban has led to decline in construction of retail real estate property in Hungary. Low interest rates throughout the European market makes the real estate environment to grow; this also tends to improve the preferences for nonresident to invest in Hungarian property and also makes the prices to appreciate for housing projects. Boost in migration of people into Hungary during the period 2012-2017.  As number of people migrated in 2012 was ~ and in 2015 it reaches to ~. Whereas, ~ people migrated in 2016, turns out to be key reason for expansion of residential property.

What is the Major Segment in Hungary Real Estate Market?
Hungary Residential Real Estate Market has performed exceptionally well in response to increasing demand for homes by growth in number of immigrants, increasing tourists density in the country and reduction in VAT rate by ~% on new construction of building has all together grows demand for residential construction in Hungary. Most expensive streets for residential construction in Hungary are Orom Street which has land price of USD ~ per square meter, Ormodi Street in District 12 has the second highest land price as USD ~ per square meter. Whereas, Gyogy square Balatonfured has land price as USD ~ per square meter as of 2015. Major dwellings constructed in Hungary are in other towns and country towns as price of land is low as compared to price of land in Budapest. Hungary residential real estate market is supported by economic growth and influence of increasing expat population. Overall residential market volume has increased from ~ million square meters in 2012 to ~ million square meters in 2017 at a CAGR of ~% during the period 2012-2017. Residential real estate market prices are very high and active. A large number of residential properties are being dealt at the moment in Budapest.

How Does The Commercial Real Estate Market OPERATE In Hungary?
Hungary Commercial Real Estate Market majorly comprises of office space that has witnessed a growth during 2012-2017 as many multinational companies established themselves in Hungary, attracted by the strong business activities and robust economic growth. Occupancy rate has increased from ~% in 2012 to ~% in 2017 for commercial office space.
The commercial rental market is mainly concentrated in Budapest, where the SSC (shared service centers) and BPO sector with the introduction of major companies like British Telecom and others hold the majority of transactions in its commercial market. In Budapest, commercial real estate market is the most dominating market, contributing highest to the rental value. Grade-A office rent has increased from USD ~ per square meter per month in 2012 to USD ~ per square meter per month in 2017.
Major commercial projects operations in Hungary are, East - West Business centre project based on modern office, Green house project based on sustainable development, Nordic light “A” class project and many others. Currently, due to market and intensive economical boom, rates for commercial property will remain sky-scraping.

Snapshot On Online Hungary Real Estate Market
In Hungary, online property portals are increasingly becoming a tool for research on buying, selling or leasing residential, commercial, retail and other kind of properties. Revenue for these portals is derived by offering a packaged deal to brokers, developers and professional agents, as well as several online property agents. The basic business model for these portals is to charge commission once the property is bought or sold. The online property market in Hungary has been dominated by a few real estate portals such as Themovechannel.com, Primelocation.com and Zoopla.CO.UK, Mybudapest.home.com, Alberlet.hu, Hungarianhouses.com, Tranio.com, Budapestrent.com, Flat-Rent-Hungary.com and Mhomes.hu.

The sales proportion of real estate properties through online market has consistently grown owing to rising internet penetration, growing demand of internet among youngsters, surging youth population and opportunities by government infrastructure investments. The online market is anticipated to be vibrant during the upcoming years, boosted by growing number of property portals.

How Competition Scenario Works In Hungary Real Estate Market?
Hungary real estate market has been dominated by the increase in demand for residential dwellings and commercial office buildings along with construction of hotels due to significant increase in tourist arrival in the country. Major real estate players such as Skanska, Trigranit are some of the largest international real estate players in Hungary which are majorly involved in the construction of both residential and commercial office buildings majorly in Budapest region as it is the capital of the country and has large number of residents living in this region.
Local real estate players of Hungary include Budapest Real Estate Plc, Graphisoft Park real estate development, Pannonian Exchange Plc, Appeninn Holding Asset Management, Futureal Group and its subsidiary Cordia real estate. They usually operate in construction of commercial office building and asset management. However, Cordia real estate particularly deals in residential construction in Hungary.

Major foreign investors has been investing in construction of commercial office buildings and retail shopping centers as Hungary real estate market has scope for development and land prices are cheap as compared to other European countries and to generate high return on their initial investment for long term period. Trigranit sold Class “A” 70,400 square meters of complex which was comprised by four office buildings within the Millennium City Center in Budapest for USD ~ million, which is still recorded as the greatest official deals in the terms, value and gross leasable area.

What Are Future Estimations About Hungary Residential Real Estate Market And Its Segments?
The future for residential real estate market in Hungary has been explained through three major cases namely Base Scenario, Worst Scenario and Best Scenario.
According to Base Scenario: Hungary residential real estate market volume has been anticipated to increase from ~ million square meters in 2018 to ~ million square meters in 2022 at CAGR of ~%during the period 2018F-2022F. It has been expected that low interest rates on mortgage loan and improved labour market position will maintain constant demand for residential houses in Hungary.
According to Worst scenario: Hungary residential real estate market volume has been projected to increase at a slower rate from ~ million square meters in 2018 to ~ million square meters in 2022 at CAGR of ~% during the period 2018F-2022F. In future it has been anticipated that reduced VAT rate will be effective till 2019. Moreover, VAT has been expected to increase in future which will affect real estate market adversely.

According to Best Scenario: Hungary residential real estate market volume has been projected to increase in future from ~ million square meters in 2018 to ~ million square meters in 2022 at CAGR of ~% during the period 2018F-2022F. In future it has been expected that growth in income level and non- refundable housing scheme subsidy from Hungarian government attracts more investment in residential sector.

What Are Future Estimations About Commercial Real Estate MARKET of Hungary?
The future for commercial real estate market in Hungary has been explained through three major cases namely Base Scenario, Worst Scenario and Best Scenario.

According to Base Scenario: Hungary’s commercial real estate market total leasing volume has been projected to increase from ~ thousand square meters in 2018 to ~ thousand square meters in 2022 at CAGR of ~% during the period 2018F-2022F. In future it has been expected that reduction in corporate tax rate by ~% will attract foreign investors as Hungary has been ranked first in trading across borders which makes it a prime location for foreign companies to start their business in Hungary and get access to trade freely across the borders.

According to Worst Scenario: Hungary’s commercial real estate market total leasing volume has been anticipated to decline from ~ thousand square meters in 2018 to ~ thousand square meters in 2022 at negative CAGR of ~% during the period 2018F-2022F. In future it has been expected country’s ease of doing business ranking will increase which would declines the rate of investment for MNC’s and other major industries in future which will bring down the commercial leasing activity in Hungary.

According to Best Scenario: Hungary’s commercial real estate market total leasing volume has been projected to increase from ~ thousand square meters in 2018 to ~ thousand square meters in 2022 at CAGR of ~% during the period 2018F-2022F. It is expected that in future around more than 100 companies are looking forward to invest in Hungary due to economic stability, growth and free trade access across borders.

What would be the Future for Retail Real Estate Market in Hungary?
According to Base Scenario: Hungary’s retail real estate market volume has been anticipated to increase from ~ thousand square meters in 2018 to ~ thousand square meters in 2022 at CAGR of ~% during the period 2018F-2022F. It has been expected that major retail brand stores will be set up in Hungary as retail sales are increasing due to increasing growth in tourist arrivals in the country. On the other hand, Etele Plaza in City Center will be delivered in 2018-2019 which is situated in Budapest and it would be third largest mall of Hungary.

According to Worst scenario: Hungary’s retail real estate market volume has been expected to decline from ~ thousand square meters in 2018 to ~ thousand square meters in 2022 at CAGR of ~% during the period 2018F-2022F. Major shift has been expected in mode of purchasing products in future as people prefer to buy online rather than retail stores. It has been expected that Plaza ban can be again implemented by the Hungarian government in near future.

According to Best Scenario: Hungary’s retail real estate market volume has been expected to increase from ~ square meters in 2018 to ~ square meters in 2022 at CAGR of ~% during the period 2018F-2022F. In future it has been anticipated that construction of high street market and malls will increase as people have become trendy and have variety in choice to capture larger market share more number of company outlets can establish their business in Hungary.

What will be the future for Hotel Real Estate in Hungary?
According to Base Scenario: Hungary’s hotel real estate market generation of gross income from accommodation fee has been expected to increase from USD ~ million in 2018 to USD ~ million in 2022 at CAGR of 11.9% during the period 2018F-2022F. In future it has been anticipated that major pipeline projects which are under construction in Hungary will generate higher revenue as they are mostly five star and four star grading hotels which focuses majorly on higher spending visitors. Hungary is hosting UEFA EURO Football Championship 2020 and European Aquatics Championship in 2020 which would lead to increase in number of tourist’s arrival in Hungary and contribute to generate high revenue from accommodation fees.

According to Worst Scenario: Hungary’s hotel real estate market generation of gross income from accommodation fee has been expected to  grow from USD ~ million in 2018 to USD ~ million in 2022 at CAGR of ~% during the period 2018F-2022F. It has been anticipated that major new construction of hotels in future will took place in country side as Budapest is already occupied. Whereas, hotels in country side has low rental rates which will generate lower income for hotel sector in Hungary.

For more information on the research report, refer to below link:
https://www.kenresearch.com/manufacturing-and-construction/real-estate/hungary-real-estate-market/149544-97.html

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+91-9015378249

Saudi Arabia Canned Food Market Driven by Increasing Number of Hotels, Restaurants and Fast food Outlets, a Rising Number of Modern Retail Outlets and Growth in the number of Hajj and Umrah Pilgrims: Ken Research


Analysts at Ken Research in their latest publication Saudi Arabia Canned Food Market Outlook to 2022 - by Product Categories (Canned Dairy, Canned Meat, Canned Fish, Canned Cooking Sauces, Canned Legumes and Beans and Canned Fruits and Vegetables), by Distribution Channels (Bakalas, Hypermarkets, Supermarkets, Others), by Regional Sales (Riyadh, Jeddah, Mecca-Medina, Dammam and Others), by End User (Hotels, Restaurants and Catering Companies, Fast Food Outlets and Retail Consumers)believe that investing in packaging innovations can help canned food manufacturers to alleviate health concerns of consumers over cans and their linings. Tying up with hotels, restaurants and fast food outlets, all of which generally purchase canned food in larger quantities, will also enable greater revenue from canned food for companies.
Canned dairy is the leading product category with the highest revenue share of the market by value. In CY'2017, bakalas had the maximum revenue share, owing to their easy accessibility and high number of bakalas in Saudi Arabia. The sales of canned foods are concentrated in urban areas, especially major cities such as Riyadh, Dammam, Jeddah and Mecca-Medina. Out of these, Mecca-Medina holds the largest revenue share by value as of CY'2017 because this region receives high amount of religious tourism at the time of Hajj and Umrah during which demand for canned foods is extremely high.
An increase in the focus on the tourism industry by Saudi Arabia leading to growth in number of hotels and restaurants and increasing number of bakalas, hypermarkets and supermarkets have driven the growth of the canned food market in Saudi Arabia.
Canned food is in high demand by institutional and retail consumers because it is quicker to prepare and easier to store as compared to fresh food. Saudi Arabia has also been focusing on the tourism industry in the recent years in order to reduce its dependence on the oil industry. For this, it has been initiating several construction projects for hotels. Due to the government’s advertising campaigns, the number of tourists visiting Saudi Arabia has been increasing. This has been a major contributor to the growth of the canned food market as hotels and restaurants are the largest end-user of canned food. A rise in the number of modern retail outlets such as hypermarkets and supermarkets which are becoming prevalent in urban areas has meant that increased shelf space is available for canned food products. This has increased the sale of canned food because a larger number of options are now available to consumers. The canned food manufacturers are also engaging in various marketing activities such as advertising on television and digital media to expand and enhance their presence in the market.
For more information about the research report, refer to below link:
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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91-9015378249