Friday, September 14, 2018

Kuwait Fitness Service Market Future Outlook to 2022: Ken Research

The report titled “Kuwait Fitness Service Market Outlook to 2022 - by Revenue Stream (Gym and Personal Training), by Region, by Gender, by Membership Subscription, by Organized- Men’s Gym, Women’s Gym, Mixed Gym, CrossFit and Unorganized” provides a comprehensive analysis of Kuwait fitness service market introduction, genesis, market size in Kuwait. The report covers market segmentation (by revenue stream, membership subscriptions, regions, gender and market structure), organized gym market segmentation (men’s gym, women’s gym, mixed gym and crossfit), snapshot on personal training and yoga markets including their pricing analysis, consumer preferences, regional clusters, major services and competition scenario. Competitive landscape of major players including Platinum Health Club, Oxygen Gym, Peak Fitness, Pilates and More, Fitness First, Flex Fitness, Circuit Plus, Flare Fitness, Desert Fitness, Orange theory Fitness, Ras Al Salmiya, Spark Athletic Center, Al-Corniche and Inspire Fitness have been extensively covered including company overview, major business strategies, USP, financials, revenue streams, number of centers and various other parameters. The report also covers customer profiling and investment model along with analyst recommendation and macroeconomic variables highlighting the major opportunities and cautions prevailing in Kuwait.
The report is useful for existing fitness service providers, potential entrants, investors and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
Kuwait Fitness Service Market Size and Overview
Market Overview: The Kuwait Fitness Service market has grown owing to the rising number of expatriate population, increasing obese population, rise in health consciousness among the adults, growth of national income, changing lifestyle of people, innovative marketing strategies being implemented by the fitness centers in the country, higher demand for fitness services by women and the growing number of penetration of international fitness brands across the country. The market is currently placed in growth stage with strong possibility for further growth at a much rapid pace. Profitability associated with fitness services is highly correlated with multiple factors such as improving the effectiveness of fitness services provided, cost reduction related to equipment procurement, customer retention and relationships, having diversified services portfolio with trained professionals, flexible schedule of classes and use of latest gym equipments amongst various others.
A major contributing factor to the boost in revenue had been the addition of integrated fitness services such as, Yoga, Pilates and Swimming; all under one roof. Remaining factors which have supplemented growth include increase in the demand for personal training and increasing national disposable income of Kuwait amongst various others.
In terms of membership, the Kuwait fitness service market observed a robust double digit CAGR over 2012-2017.
The fitness services market in Kuwait has been witnessing an upward trend and has registered a positive CAGR during 2012-2017 in terms of number of fitness clubs.  The number of fitness centers in Kuwait has increased because of the expansion in the number of organized gyms, increase in the number of female specific fitness centers and increase in ease of doing business with the implementation of the new partnership law.
Kuwait Fitness Service Market Segmentation
By Revenue Stream: Membership fees have been the largest revenue generating segment in Kuwait in 2017. The revenue generated by Personal Training has particularly been benefitted by the continuous growth in the demand for qualified fitness professionals and certification courses in the country. New fitness centers mushrooming in majority of developing and developed cities, government’s indirect contribution to the market by construction of more number of parks, cycling lanes and running lanes to support and promote active lifestyle has contributed to change the mindset of the population to opt for fitness services.
By Market Structure: Unorganized sector has contributed majority share to the total revenue generated through fitness services in 2017. The remaining market share has been contributed by organized sector which includes various entities such as men’s gym, women’s gym, mixed gym and crossfit indulged in providing all kinds of fitness services. Unorganized centers have been better able to make use of this opportunity and enter the fitness industry because it is cheaper and for the fact that it is easier to set up an unorganized fitness center as compared to the organized one. Fitness First, Al Corniche, Circuit Plus have been some of the major organized players in 2017.
By Region: Hawalli has accounted for the maximum number of fitness centers because it is the commercial capital of the country. The major reason responsible for the concentration of fitness centers in Al Asimah has been the expanding business clusters in the region.  With Al Asimah being the capital governorate of the country, majority of fitness centers have emerged here. Majority of the urban and wealthy population reside in these regions. This set of audience usually opts for a healthy lifestyle and has the resources to spend on fitness services. These regions are followed by Al Ahmadi, Al Farwaniyah, Mubarak Al Kabeer and Jahra in terms of having higher number of fitness centers in 2017.
By Gender: The market for fitness services had been majorly driven by the country’s male population due to the societal norms associated with women in Kuwait. Men have been found to be more prone to changing lifestyle trends and fashion trends associated with fitness in Kuwait. Women have started becoming more conscious and it has been witnessed that there has been a surge in the number of women members at various fitness service centers in the country. The demand for female specific services and fitness centers has already started picking up and this trend is assumed to continue in the future.
Competitive Landscape
The industry is fragmented with the presence of several organized gym chains and number of unorganized fitness clubs in the country. These provide gym services along with supplementary facilities such as spa, sauna, swimming pool, showers, lockers and others. Few of the major organized players include Fitness First, Flex Fitness, Spark Athletic center, Flare Fitness, Oxygen Gym, Al Corniche, Palms Beach Club, C-Club, Platinum Health Club, Peak Fitness, Pilates and More, Desert Fitness, Circuit Plus, Orange theory Fitness. The major unorganized players have been Studio X, Hero Gym, Steam Gym, Trim Club, Hype Gym, Physique, Alta Fitness, VIE Fitness Studio and 20 7 Fitness Studio.
Future Outlook to Kuwait Fitness Service Market
Market Size: The Kuwait fitness service market revenue has been anticipated to grow registering a robust CAGR of close to 9% during 2017 to 2022. This revenue generation will be supported by the increasing number of membership which is expected to grow with a double digit CAGR of close to 10% during 2017 to 2022.
Key Segments Covered
Market Segmentation by Market Structure (Organized & Unorganized)
By Revenue Stream
By Membership subscription
Number of Centers
Market Segmentation By Gender (Male & Female)
Market Segmentation By Revenue Stream (Membership Subscription & Personal Training)
Market Segmentation By Membership Subscription (12 Months, 6 Months, 3 Months and Others)
Market Segmentation By Region
Key Target Audience
Men’s Fitness Service Centers
Women Fitness Service Centers
Mixed Fitness Service Centers
CrossFit Centers
Major Fitness Equipment Manufacturers
Investors 
Time Period Captured in the Report:
2012-2017 – Historical Period
2018-2022 – Future Forecast
Companies Covered:
Kuwait Organized Fitness Services Providers: Fitness First, Flex Fitness, Ras Al Salmiya, Orange Theory Fitness, Rush Gym, Circuit plus, Spark Athletic Center, Al Corniche, C-Club, Palms Beach Club, Inspire Fitness, Oxygen Gym, Active Fitness, Platinum Gym, Peak Fitness, Sweat Studios, Pilates And More, Flare Fitness, Desert Fitness
Kuwait Unorganized Fitness Services Providers: Alta Fitness, Hero Gym, Steam gym, Studio X, Physique, Trim Club, Marina Fitness Center, Jumeriah Fitness Center, La Femme, Hype Gym, Hiltonia, Gold's gym, Lady Power, Keep Fit Gym, iFitness and others
Key Topics Covered in the Report
Kuwait Fitness Service Market Introduction
Kuwait Fitness Service Market Size, 2012-2017
Kuwait Fitness Service Market Segmentation by Revenue Stream (Gym and Personal Training)
Kuwait Fitness Service Market Segmentation by Market Structure (Organized Sector Including Men’s Gym, Women’s Gym, Mixed Gym and CrossFit and Unorganized Sector)
Kuwait Fitness Service Market Segmentation by Gender (Male and Female)
Kuwait Fitness Service Market Segmentation by Regions (Al Asimah, Al Farwaniyah, Al Ahmadi, Hawalli, Jahra and Mubarak Al-Kabeer)
Kuwait Fitness Service Market Segmentation by Membership Subscription (1 Month, 3 Months, 6 Months and 1 Year)
Kuwait Fitness service Total Addressable Market and Penetration Rate
Growth Drivers in Kuwait Fitness Service Market
Major Challenges Faced in Kuwait Fitness Service Market
Investment Model for Establishing a Gym in Jabriya, Kuwait
Kuwait Fitness Service Market Customer Profiling (By Income, By Age, By Gender, Decision Making Parameters and Pain Points)
Snapshot of Personal Training in Kuwait Fitness Service Market (Overview and Genesis, Market Size, Distribution channel, Major Services, Regional Clusters, Competition, Pricing, Consumer Preferences, Challenges, Future)
Snapshot of Yoga in Kuwait Fitness Service Market (Overview and Genesis, Major Services, Regional Clusters, Competition, Pricing, Consumer Preferences, Challenges, Future)
Company Profiles of Major Players (Fitness First, Flex Fitness, Circuit Plus, Spark Athletic Center, Flare Fitness, Desert Fitness, Platinum Health Club, Oxygen Gym, Pilates and More, Peak Fitness, Orange theory Fitness, Inspire Fitness and Ras Al Salmiya)
Market Shares and Strength and Weakness of Major Players
Future Outlook to Kuwait Fitness Service Market
Analyst Recommendations
Macroeconomic factors affecting Kuwait Fitness Service Market
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Increase In The Usage Of Artificial Intelligence (AI) In The Health Care Industry Market Outlook: Ken Research


Healthcare industry is becoming more effective and profit making market in the recent trend with the extensive development in the technology. Technology is playing efficient role in this market as the dangerous diseases only can be identified with the help of several tests which can be done with the help of advanced technology. According to the report analysis, ‘Health Care Industry Analysisstates that the technology of artificial intelligence is growing rapidly in this market and AI technologies are cropping up to help people streamline administrative and clinical health care processes. With the help of AI technology the fraud can also be detected in this industry with the help of cyber cells. Moreover, with the help of AI, the dose of immunosuppressant drugs can be correctly determined to administer to organ patients. In the recent past years, the AI technique breaking the clinical trials in California and with the more development in the coming years the AI technology is very much prevailing in this industry.

Artificial intelligence technology is currently using in the various industry but the usage of AI in the health care industry is different and having a positive impact in many cases. Managing medical records and other such data is important for both the service provider and service receiver moreover, analyzing information is the most widely used application of artificial intelligence. In addition, with this technology the repetitive jobs can be done as analyzing tests, CT scans, X-rays and other tasks can all be done faster and more accurately by robots. In the recent trend, the smartphone’s webcam is partnered with AI to independently confirm that patients are taking their prescriptions on time or not and help them more significantly to manage their daily routine. In addition, with the help of AI technology the process of scanning can spot vascular and cancer diseases as soon as they become danger and instruct the patients related to health issues. According to the report analysis, ‘Health Care Business Review states that with the more innovations in this technology it will lead the market growth more significantly and make the market more competitive as AI is offering various advantages to the health care industry and the innovation in the technology pushes the more solutions to save time, increase in accuracy will be possible and it will also lower down the costs and others.
In North America, the use of artificial technology is growing very rapidly and makes the market fruitful for the investors as well as all the clinical player of this market. In addition, Europe health care market is also doing more development in the application of artificial intelligence technology and leads to the market growth. Furthermore, Asia Pacific region is also dominating the market with the huge market share and doing effective development which is very much profitable for the consumers.

General Vision, Inc., NVODIA Corporation, IBM Corporation, Next IT Corp., Microsoft Corporation, Google, Inc., Stryker Corporation, iCarbonX, Enlitic, Inc., Medtronic Plc., Oncora Medical, Inc and others are the major players of this market. Whereas, in US Google, Inc., is a leading player in the AI in healthcare market followed by Intel Corporation and Microsoft Corporation. However, IBM Corporation is also dominating the market with the more development in the applications of AI technology. With the existence of numerous players in the market, market has been transformed into highly competitive in nature and providing the various opportunities to both investors and existing key players. Therefore, it is expected that in the coming years the market of the AI in healthcare market will grow with the more experiments and development in the technology.

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Rising Demand Of Peer To Peer Sharing Cab Services In Europe Market Outlook : Ken Research


Car rental industry is a multibillion dollar industry and still undergoing with the major changes from various factors such as new innovations and providing more applications to the consumer. With the increase in the prices of fuel the rental car shares are becoming increasingly popular. Recent research indicates that in the U.S. using car sharing services saves consumers anywhere between USD 14 to 43 per month. Car share technology uses an automated and membership based system to offer an affordable transportation solution. According to the report analysis, ‘Car Rental Market Research Reportssuggests that car share technology with in vehicle rental market has the capability to decrease the amount of traffic on the roads and save the money of the passengers. Moreover, both Hertz Global Holdings and Avis Budget Group reached substantial financial results last year and it is also expected that in the coming years both the companies are accomplished the positive outcome with the more development in the car rental industry.
Car sharing surge the benefits of auto mobility to individual without bearing the cost and effort of car ownership. Therefore, car sharing has pursuing seen double digit growth over the recent last few years, especially in the metropolitan cities where major portion of population are passing on the costs of car ownership. Moreover, corporate car sharing users are becoming an unavoidable source of additional business for stationary car sharing providers. In Europe this car sharing technology is growing rapidly and most prominently in the Germany and France. Well known providers such as car2go and DriveNow are already introduced, not only in the major cities in Germany or France whereas, all across Europe, the US, and Asia Pacific region. In addition, the developing countries in the Asia Pacific region are being catered the huge market share with the more development in the technology of car sharing and lead the significant market growth to the car rental industry. According to the report analysis, ‘CAR RENTAL INDUSTRY RESEARCH AND MARKET REPORTS’ states that the car rental industry is expected to grow with the more innovation in the technology of the car sharing and in Europe has seen a positive development of the car sharing in terms of number of cars and number of users in the recent past years. In addition, peer to peer car rental makes a majority of the car sharing market which is forecasted to grow in the coming years at a CAGR of over 20% for the period 2017-2024.
In the Asia Pacific region it is expected that the industry of car rental is going to grow rapidly with more development in the various models of the car sharing technology such as Peer-to-Peer car sharing, Stationary car sharing and Free-Floating car sharing. Not only has this, Europe is also working efficiently for acquiring the handsome amount of share in the market with the more innovations in the models.
Moreover, many of the companies are working in this sector of market whereas Enterprise is dominating the huge market share with the efficient working followed by Uber. The Turo in the US and iCarsclub in Singapore are functioning in this market with more different characteristics whereas in the recent trend, Europe accounts for about 50% of the global car sharing market. Therefore, the market of car rental industry will most prominently increase in Europe and grow across the globe with growing concern related to traffic control.
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Thursday, September 13, 2018

India Used Two Wheeler Market is Continued to be Highly Fragmented with Competition from Local Dealers, Small Mechanics and Individual Sellers: Ken Research


Over the past few years, scooters have successfully made a comeback in the Indian market with the launch of gearless and electric scooters in India, especially gaining attention of the youth of India.

The report titled India Used Two Wheelers Market Outlook to 2023 – By Unorganized and Organized Sector, By C2C and B2C Distribution Channel, By Stock Piece and Customized Two Wheelers; By Motorcycles and Scooters” by Ken Research suggested a growth at a noteworthy CAGR of 21.2% in terms of sales volume in India used two wheelers market in the upcoming years till the year ending 2023E.


The two wheelers industry in India can be categorized among motorcycles, scooters and mopeds. Two wheelers in India can be seen as an alternative to walking, riding bicycle and public transit systems. Presently, India is the largest producer and manufacturer of two wheelers in the world followed by China. Rising fuel prices is one of the primary growth drivers for two-wheelers due to their higher fuel efficiency. Even in terms of exports, two-wheelers produced in India are the proud products of the “Make-in-India” initiative where nearly seven in ten automobiles delivered out of India are two-wheelers.

In India, emergence of organized online marketplaces for used two wheelers such as Droom, CredR, BikeDekho, BikersHighway and others have given a boost to two wheeler sales via online portals. The players have realized the potential of this market and have been attempting to tap the potential by offering quality products at reasonable rates. Also, in the online space, OLX and Quikr have allowed dealers to list products, but some kind of trust factor has to be given to the customer so that they can rely on the product. Companies now are focusing towards arranging a facility where any user can come back if they have any problems/issues/concerns with the product. The rising aspirations of Indian masses coupled with the ease of viewing and comparing vehicles on automobile platforms and online classified portals has added to the growth of used two-wheeler sales in the country.

Keywords:-
Used Two Wheelers Market in India
India Used Two Wheelers Market
Two Wheeler Aftermarket Industry
India Two Wheeler Sales
India Used Two Wheelers Sales
Used Two Wheelers Services in India
India Used Two Wheelers Segment
Used Commuter Bike on Sale
Type of Used Two Wheelers in India
B2C Channel Used Two Wheeler Sales
C2C Channel Sales Used Two Wheeler
Imported Used Two Wheeler Market
Online Sales Two Wheeler
Used Scooter Sales in India
Used Bike Market in India
Financing Used Two Wheelers
Regulations Two Wheeler Industry
Used Two Wheelers Future Outlook India

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Increasing Use of Cloud Computing Technology in the Logistics Industry Market Outlook: Ken Research

Logistics can be summarized as having the right type of the product or service at the right place, at the right time and in the exact condition. The activities of logistic market can majorly accelerate the economic growth and productivity growth. Moreover, the increase in the growth of the global logistic market is directly related to the current economic growth and the development of international trade such as transportation, material handling, security, packaging, integration of information and others. The transportation and security of the material plays an essential role in ease of doing trade processes. According to the report analysis, ‘LOGISTIC AND SHIPPING MARKET RESEARCH REPORT’ states that the global logistic market industry has grown significantly while logistic have become an essential part of the business economic system.
The logistic market involves transactions which can be done by many parties and occurring many times outside the office. Therefore, for doing effective transactions in the new era trading partner using the technology of cloud computing. The traditional way of doing transaction sometimes results high cost and time consuming process whereas the cloud computing eliminate the presence of middle man and reduce the cost and less time consuming technique. Cloud computing for logistic industry management involves effective handling of the supply chain system from the point of origin to the point of consumption is covered. Moreover, cloud computing applications have the potential to provide vast efficiency and flexibility options for the logistic industry. The key players, which are currently expanded operations to New York, Amsterdam, and Hong Kong uses smart processes to increase transparency, cut transaction costs and satisfy a growing consumer preference for crowd-sourced delivery options. Furthermore, the user of cloud computing technique can quickly switch between applications and the complexity in managing applications is reduced. The key player of cloud computing market is doing more establishments with the ability to quickly launch new applications which can make the market of logistic more secured from the theft and fraud. The main goal of enabling more advancement in the technology of cloud computing is virtualization. The performance of cloud computing is m    onitored by the IT experts from the service providers. According to the report analysis, MARKET RESEARCH REPORT FOR LOGISTICS’ suggests that the introduction of new innovation in the cloud computing technique is providing better safeguard and cater more investors as the cloud computing provide more data in real-time which is accessible.
With the extensive usage of cloud computing due to the effective applications market is growing significantly around the globe therefore, the global logistic market has been divided into four main regions which include North America, Europe, Asia Pacific region and rest of the globe. The Asia Pacific region is expected to grow at the highest CAGR in the coming years followed by North America and Europe. China, Japan, Australia, Indonesia and India are the major markets in the Asia Pacific region whereas China has dominated the largest logistics market due to the presence of a large manufactures and huge population in the country. In Europe, Germany, the U.K. and France are the major countries for logistics markets. Moreover, in the recent few years, the rise of e-commerce has added to the transport boom and seen a significant growth across the industry’s value chains as a whole.
XPO Logistics Inc., DHL International GmbH, Ceva Holdings LLC, C.H. Robinson Worlwide, Inc., Schenker AF, DTDC Express Limited and others are the some major key players which are currently performing in this market whereas in India DTDC Express Limited dominating the huge market share and in U.S. XPO Logistics Inc., acquire huge share in the market of logistics. European companies such as Schenker AG and DHL International GmbH is also expected to grow in the coming years with the handsome amount of share in the market. Some of the companies are benefitted with the acquisition & mergers and joint ventures.
With the existence of numerous players in the market of logistics lead to competition and opportunities to the new entrants in the market. New entrants make the market more effective and profit making with the more development in the technology and globalization coupled with the population growth. Therefore, the market of logistics is expected to grow globally in the coming years over the decades with the more development in the economy.
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