Tuesday, October 23, 2018

Governance, Risk and Compliance - The New Zealand Insurance Industry : Ken Research


Ken Research’s Governance, Risk and Compliance- the New Zealand Insurance Industry provides an overview of the insurance regulatory framework in New Zealand. It gives the latest key changes, and changes expected in the country's insurance regulatory framework. The report provides key regulations and market practices related to different types of insurance product in the country and rules and regulations pertaining to key classes of compulsory insurance, and the scope of non-admitted insurance in New Zealand. The key parameters including licensing requirements, permitted foreign direct investment, minimum capital requirements, solvency and reserve requirements, and investment regulations and details of the tax and legal systems in the country are detailed in the report. The insurance market in New Zealand is focused on paying the claims of damages of the Christchurch earthquakes of 2011. Even the New Zealand court continues to hear cases on earthquake – related litigated claims. Many of the claims relate to Policy interpretation of insuring clauses, Extensions and exclusions, the interpretation of the statutory provisions underpinning the cover provided by the Earthquake Commission (EQC) (a state-owned natural disaster insurer) and a relatively new wave of litigated claims has emerged, involving claims against insurers and construction professionals arising out of allegedly inadequate repairs undertaken to Christchurch earthquake damaged buildings. The effect of climate change has hit New Zealand and has affected the insurance market, which proved to be expensive for the insurers due to weather – related losses, especially in 2017. This trend is expected to continue due to the country’s population concentrated in coastal areas. Insurers have adapted to the environmental changes from offering indemnity – based natural disaster over to only sum- insured policies.New Zealand insurance market continues to grow with many new local and international entrants. This has led to new product lines from across the spectrum with offshore backing from overseas insurers. There has been innovation in the market in terms of new product lines, insurtech, environmental liability and risk involved in the use of unmanned aerial vehicles.
The Reserve Bank of New Zealand (RBNZ) is the regulatory body that regulates the insurers as under Insurance Act of 2010, which lays the rules and framework to carry out insurance business in New Zealand. This Act applies to every ‘person’ carrying out the business in insurance- a company, association of persons. To carry out insurance business, the person is required to obtain licence from the Reserve Bank of New Zealand, which will be issued upon satisfying certain conditions.
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Premium Spirits and Cocktails to Bolster UK Spirits Market: Ken Research

The UK spirits market is revolving around entertaining consumers coupled with insatiable desires for experiences and social media sharing events. Increasing modernization, notably the cocktail culture is a major factor driving the UK’s spirits market either at markets or via social media. The spirits sector in the UK is the second largest within on and off-trade while witnessing a strong growth, ahead of total Beer, Wine & Spirits (BWS). Premium spirits account for the largest share within the spirits market. Over 65% of UK’s spirits growth is driven by gin, however, non-flavored vodka is the biggest category by value, with blended whiskey, flavored spiced rum, non-cream liqueurs, and American whiskey is also witnessing a strong growth.
The increasing establishment of micro-distilleries has led to the introduction of a wide range of craft gins. English gin has motivated the growth for new micro-distilleries in recent years, launching an exclusive range of craft gin brands. Given that gin has a relatively fast distillation time and brands focussing on millennials for steady growth. Large manufacturers are focussing on micro-distilleries for mergers and acquisitions which indirectly bolster smaller brands in the large market such as partnership of LoneWolf Spirits with Global Brands Ltd. UK populations’ healthy lifestyle trend has increased competition for non-alcoholic drinks and a large number of non-alcoholic drinks are designed and marketed as a substitute for spirits. TeeTotal G’n’T and Borrego are the leading non-alcoholic spirits products available in the UK.
UK’s spirits market is witnessing a minimal growth in the vodka category, while the tequila & mezcal category is expected to register the fastest value and volume growth over the next few years. Various spirits available in the UK are brandy, gin & genever, liqueurs, rum, specialty spirits, tequila & mezcal, vodka, and whiskey. The major distribution channels in UK spirits market are hypermarkets, supermarkets, department stores, convenience stores, food & drinks specialists, cash & carries and warehouse clubs, general merchandise retailers, vending machines, e-retailers, on-trade, and other general retailers. Hypermarkets and supermarkets account for a major share in the distribution of spirits and consumers aged above 55 years account for the highest consumption of spirits in the UK.
According to the study “Country Profile: Spirits in the UK”, the leading competitors within the UK’s spirits market are Diageo plc, Bacardi Limited, Brown-Forman Corporation, Russian standard corporation, Czar, Loch Lomond group, Pernod Ricard SA, The Edrington group limited, William grant & sons ltd., Glen Catrine bonded warehouse and Suntory holdings ltd. Diageo plc, Pernod Ricard SA and Bacardi limited are the leading market players in the UK spirits sector. Smirnoff is one of the leading brands in the UK spirits sector. Spirits manufactured in the UK utilize glass as their package materials along with rigid plastics, rigid metal, and others in the forms of bottles and cans.
Premiumisation is a key driver in UK’s spirits market with premium brands accounting for a larger share within the spirits market. The major challenge in UK’s spirits sector is the increasing demand for health-conscious drinks that are categorized as luxury drinks. The country’s spirits market is a complex mix of consumer requirement, leading brands, and distributor. Premium spirits have become more valuable over the recent years compared to alcohols and this trend will continue over the next few years.
Key topics covered in this report:-
  • UK Spirits Industry Market Report
  • UK Spirits Industry Market Analysis
  • UK Speciality Spirits Industry Analysis
  • UK Spirits Industry Forecast
  • UK Spirits Industry Leading Players
  • UK Spirits Industry Growth Analysis
  • UK Spirits Industry Gross Revenue
  • UK Spirits Industry Product Categories
  • UK Spirits Industry Fragmentation
  • UK Spirits Industry Packaging Materials
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Hydropower to Dominate the Canada Power Market : Ken Research


According to study, “Canada Power Market Outlook to 2030, Update 2018 - Market Trends, Regulations, and Competitive Landscape” some of the major companies that are working in the Canada power market are Hydro-Quebec, Ontario Power Generation Inc, BC Hydro, TransAlta Corporation, Manitoba Hydro-Electric Board, Crown Corporations.
The power market in Canada has played a significant role in the economic and political life of the country.The market varies from province to province in country. Each province controls the electricity generation, intra-provincial electricity transmission, electricity distribution and market structure within its borders.Five provinces and territories generated the vast majority oftheir electricity from hydro. The 66% of power comes from renewable sources. By the end of 2017, the Canada had total installed power generation capacity of 135gigawatts (GW).
The primary sources of power generated are hydro power, nuclear energy, coal, natural gas, wind power and solar power. The renewable energy accounts forthe significant contribution in the country’s energy matrix such as hydro, wind, solar and biomass. Hydropower can provide unique flexibility and energy storage capacity and also can help control floods and store water for irrigation. Canada is the world’s second largest producer of hydroelectricity, accounts for about 60 percent of the overall capacity.
Despite various policies and programs in support ofrenewables, new capacity additions in Canada have beenlimited as a result of low growth in electricity demand andthe long operating life of existing facilities. Cost concernsand local opposition have also limited the growth opportunities. Canada exports nearly 10% of its power to USA and the majority of exports come from hydropower.This helps eliminate millions of tons of CO2 emissions each year.
In Canada, there are many regulatory authorities of power market, which are; national energy board (NEB), Ontario energy board (OEB), Canadian nuclear safety commission and Alberta utilities commission. NEB federal agency has jurisdiction over electricity exports and inter-provincial electricity transmission. OEB regulates all electricity market participants, including Hydro One (grid operator), Ontario Power Generation, and the Independent Electricity System Operator, as well as a myriad generators, transmitters, distributors, wholesalers, and retailers: it also actively regulates retail natural gas distribution and sales. Canadian nuclear safety commission federal agency regulates safety at nuclear power plants and research facilities and the use of nuclear materials such as radionuclide. Additionally, Alberta Utilities Commission regulates retail natural gas distribution and sales in addition to electricity sector activities.
Adoption of new technologies can be encouraged by climate policies, such as carbon pricingor other options, which improve the competitiveness of low or non-emitting technologies.Canadian Electricity Association members generate, transmit and distribute electrical energy to industrial,commercial, residential and institutional customersacross Canada every day.The industry is adapting to the major technologicalchanges including greater use ofinformation technology, smart grid applications,renewable technology integration, electrificationof transportation and the development of moredecentralized forms of generation.
In 2017, Canada’s installed wind energy capacity was 12,796 megawatts (MW) enough to power over 3.8 million homes, which has grown by an average of 15% annually. In 2018, Canada is the world’s ninth largest producer of wind power.There are 297 wind farms in country.It is estimated that, total investment in the power generation sector will be reached US$290 billion by 2030.  In the upcoming years, electricity demand will continue to grow with the conservation efforts promoting of hydropower industry.
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Monday, October 22, 2018

Canada Plastic Pipes and Fittings Market Driven by Increase in Acceptance of Plastic Pipes in Various End-User Industries and Growing Infrastructure Projects: Ken Research

In 2016, vertical aquaponic farming was first introduced in Quebec province. The facility was built in Montreal Jean-Talon market. Controlled irrigation techniques are now being widely being implemented across Canada. This has resulted in a demand for plastic pipes which is used in various controlled irrigation techniques.
Canada plastic pipe and fitting market are in its late growth stage. The market has registered a five-year CAGR of a single digit from 2012 to 2017. In this period, that the market competition was gradually getting consolidated as mergers and acquisitions were frequently observed in the market. Technological advancements in plastic pipes have led to the subsequent development of Oriented PVC pipes (PVC-O) in Canada and as well as the higher adoption of PE pipes. Infrastructure projects undertaken by the public and private sector have increased in value over the last few years and construction of housing projects across various regions such as Eastern, Western and Atlantic region resulted in the growth of the plastic pipes and fittings market in the country.
IPEX Inc, ADS Canada, ISCO Canada, Aqua Q, Dura-Line, Uponor Infra are some of the players in organized sector of plastic pipe and fittings in Canada. These companies manufacture high-grade plastic pipes with a diverse product portfolio and have a wide presence in the market with strong partnerships with major plastic pipe distributors. The players in the unorganized market mostly manufacture PVC pipes only of lower grade and have a regional presence. The products imported in the country mostly include plastic fittings which are not manufactured on a large level within the country. Regions such as Eastern Canada and Western Canada accounted for the majority of the share in terms of demand in Canada plastic pipes and fittings market due to increased demand for house dwelling units in past few years and also due to the surging expenditure on various infrastructural and developmental activities and similar stimulus programs led by the federal and state governments in the past few years. These regions have high population concentration and the region also accounts for the majority of the migration into the country.
According to Ken Research report titled Canada Plastic Pipes and Fitting Market Outlook to 2022 - By PVC, UPVC, CPVC, PE (HDPE, MDPE, LDPE, PEX), PP, ABS, PVDF, PB Pipes, By Application (Water Supply and Sewage, Plumbing, Chemical and Oil & Gas and Irrigation infrastructure growth, increase in number of households and the introduction of products specifically for end-user industries who have started to adopt plastic pipes are some of the major growth drivers in Canada plastic pipe and fitting market. On the other hand, the advent of a housing bubble in some regions (Toronto and Ontario) of the country might act as major restraints in the growth of the market in the future.
Key Segments Covered
By End User Application:-
  • Water Supply and Sewage
  • Irrigation
  • Plumbing
  • Chemical, Oil & Gas, Mining and Industrial
  • Other (Cable Protection, HVAC and other related industries)
By Type of Pipes:-
  • PVC (CPVC and UPVC)
  • Polyethylene (PE) (HDPE, MDPE, LDPE)
  • Others (Include Polypropylene pipes, ABS, Polyvinylidene fluoride (PVDF), PB Etc.)
By Type of Market Structure
  • Organized Sector
  • Unorganized Sector
Key Target Audience
  • Plastic Resin Suppliers
  • Plastic Pipe and Fitting Manufacturing Companies
  • Oil and Gas Industry
  • Government Bodies and Industry Associations
  • EPC Companies
  • Agriculture Sector Companies
 Time Period Captured in the Report:-
2012-2017 – Review Period
2017-2022 – Future Forecast
 Major Companies Covered:
IPEX Piping Systems, ISCO, Uponor Infra, ADS, Aqua Q, Polytubes, Dura-Line, CanPlas Plastics, Royal Building Products, Zenith Plastics, Rezplast Manufacturing Ltd, PVC Industrial Products Next Polymer and Bow Plastic and others.
 Key Topics Covered in the Report:-
Canada Plastic pipes manufacturing

Canada CPVC Pipes Fittings

Canada HDPE Pipes Fittings

Plastic Pipe Manufacturers in Canada

Canada Plumbing pipes System

Pipes Sewage System in Canada

Raw Materials for Plastic Pipes

CPVC in Canada Construction Projects

PPR Pipes and Fittings Canada

PVC resins Trade Canada

Plastic Resins Import in Canada

Canada UPVC Pipes and Fittings Import

Canada PVC Pipes and Fittings Production

Plastic Pipes Applications Canada

Plumbing Industry Statistics Canada

Canada ABS Pipes and Fittings

Canada MDPE Pipes and Fittings Industry

Profit Margins Plastic Fittings Manufacturers Canada

Profit Margins Plastic Pipes Manufacturers Canada


Plastic Pipes Manufacturing in Canada
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Changing Landscape Of Global Screw Compressor Rental Market Outlook: Ken Research


With the growing population the manufacturing and construction is growing more effectively and the current scenario of screw compressor represents the significant growth in the recent trend. The screw compressors compress air because of the uninterrupted revolving motion of its constituents. The screw compressor can supply air at a continuous delivery pressure with minimum changeability. In the market the screw compressor is split differently which includes the basis such as type, portability and stage. Whereas, on the basis of stage the screw processor is segment into oil-injected screw compressor and oil-free screw compressors and by portability, stationary screw compressors and portable screw compressors moreover, by stage is segmented in single-stage screw compressor and multi-stage screw process. With the extensive applications and classification and by the effective working of key players the market of screw compressor has grown more effectively in the recent trend.

According to the report analysis, ‘Global Screw Compressor Rental Market Research Report - Forecast to 2023’ states that in this domain some of the major key players which are currently functioning in this sector more actively for attaining the highest growth in the market share and for defeating the demand of potential buyers majorly includes Caterpillar Inc., Ingersoll Rand plc., Aggreko plc., United Rentals Inc., Metro Air Compressor, Lewis Systems, Stewart & Stevenson LLC, Atlas Copco AB, KaeserKompressoren SE, Air Energy Group LLC, CAPS Australia, BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG, and several others. Moreover, the key players are adopting the effective technologies for dominating the effective share in the market and enhancing the usage of the product at a reasonable price. Moreover, by the effective working of the key players the market is becoming more competitive and profitable by which the investors are willing to support the market financially which further, lead the market growth more significantly in the coming years.


The screw compressors do not have any valves, which decreases the chances of malfunctioning and support the compressor to function at high speeds with huge volumes of air. Moreover, the portable screw compressor held the huge share of the market in 2017, which is majorly because of the portability. The construction segment is also dominating the market of this more effectively. Therefore, in the coming years it is expected that the global market of screw compressor will grow more significantly over the decades with the effective working of key players.

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Resistant Hypertension and It’s Treatments: Ken Research


Resistant hypertension is defined as high blood pressure. It remains above goal in spite of the concurrent use of three anti hypertensive agents of different classes.These anti hypertensive agents are angiotensin-converting enzyme inhibitor, a calcium channel blocker and a diuretic. All these agents are prescribed at optimal dose amounts. It is a significant cause of morbidity and mortality worldwide. Some symptoms of resistant hypertension are severe headaches, anxiety, shortness of breath and nosebleeds.
There are some causes of resistant hypertension such as primary causes and secondary causes. Primary causes are related with both patient and physician. High sodium intake, lack of life style adherence and poor adherence are some causes of patient related whereas progressive renal insufficiency, sub clinical volume over load and inadequate use of diuretics are causes of physician related. Renal artery stenosis, thyroid diseases, intracranial tumours and Cushing’s syndrome are some secondary causes of resistant hypertension.

According to study, “Resistant Hypertension Global Clinical Trials Review, H1, 2018” some of the major companies that are working in the resistant hypertension are ViforPharma AG, Novartis AG, Johnson & Johnson, IMMD Inc, Gilead Sciences Inc, Pfizer Inc, Metabolic Research Institute Inc, Idorsia Pharmaceutical Ltd, C. H. BoehringerSohn AG & Co KG, Accelovance Inc.

The major factors contributing to hypertension are lifestyle factors, drug related causes and volume overload. Some lifestyle factors are obesity, excess alcohol intake, excess dietary sodium and cocaine & amphetamines misuse. Drug related factors are herbal supplements, liquorice, sympathomimetic agents and contraceptive harmones. Additionally, volume overload factors are high salt intake, inadequate diuretic therapy and progressive renal insufficiency. There are some risk factors are included in resistant hypertension such as diabetes, older age, high baseline blood pressure, black race, chronic kidney disease and obesity etc.

The evolution of resistant hypertension is directed toward many terms, which are confirming true treatment resistance, identification of causes contributing to treatment resistance or including secondary causes of hypertension and documentation of target-organ damage etc.

Some treatments available for resistant hypertension are non-pharmacologic intervention, drug intervention and device therapy. Non-pharmacologic intervention do not involve medications: it included weight loss, regular exercise, moderation of alcohol & caffeine and a high fiber or low fat or low salt diet. A drug intervention is a process that helps a drug addict recognize the extent of their problem. Some drugs spironolactone, clonidine, nebivolol, labetalol, carvedilol CR, eplerenone, guanfacine, reserpine, methyldopa, doxazosin, terazosin, hydralazine, minoxidil and ISMN. Device therapy is defined by two techniques, which are renal sympathetic denervation and carotid baroreflex activation. Renal sympathetic denervation significantly reduces blood pressure in patients with resistant hypertension: it is characterized by increased sympathetic activity such as left ventricular hypertrophy, heart failure, metabolic syndrome, obstructive sleep apnea and atrial fibrillation.

There are many tests are used in investigation of resistant hypertension such as renal echocardiogram, thyroid stimulating hormone, urine analysis (protein, erythrocytes, leukocytes), transthoracic echocardiogram, 12-lead electrocardiogram, complete blood count, ambulatory blood pressure monitoring, renal artery duplex, plasma rennin or aldosterone levels, plasma glucose and 24-hour urine assessment (aldosterone, sodium and albumin).

It is estimated that patients with resistant hypertension are almost 50% more likely to experience an adverse cardiovascular event compare with three or fewer antipertensive agents. Resistant hypertension in adolescents is increasing in frequency. Clinical trial data from Simplicity radio frequency catheter systems have created much interest in the role of the renal nerves in hypertension and other cardiovascular conditions.

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Thailand Logistics and Warehousing Market is Expected to Reach Around THB 2.5 Trillion by the Year Ending 2022: Ken Research

  • The military government in Thailand aims to position the country as the gateway to ASEAN and has announced to support the logistics sector by strengthening the infrastructure and implementing trade-friendly policies.
  • Ministry of Transport’s Infrastructure Development Plan (2015-2022) approved by the cabinet calls for an investment of at least THB 1.8 trillion (USD 51 billion) for 20 mega-projects in all modes of transportation, covering roads, rail, air transport and ports throughout Thailand.
Thailand has signed multiple free trade agreements (FTAs) with large economies like China, US, India, and others and as a WTO member since 1995 has been open to foreign firms operating and manufacturing from Thailand thus helping it to have a trade surplus over the years. Growing investments by the government in logistics infrastructure and enhancing economy presents a highly favorable environment presents highly favorable freight forwarding and warehousing market in the country. For instance- Thailand’s agreements with the ASEAN community have led to an increase in cross-border freight transportation via roadways and ports without any major limitations. Roadways have gained attraction in Thailand due to its superior road network, thus becoming the first preference for moving freight within the country with a vast presence of local freight forwarders coupled with trucking fleet operators. Further, it has become a manufacturing hub for various industries including automotive, retail, pharmaceutical and agriculture.
In addition to this, express services are likely to become more significant in the near future as Thailand’s economy becomes increasingly integrated owing to rapid growth in international trade services. Growth in the E-commerce industry will drive the express delivery market owing to the rising demand of this service for the B2C business segment.  In addition, given the benefits of reduced delivery time, the growing preference of just-in-time approach for inventory to reduce inventory costs, the need to minimize loss of sale opportunities, and the rising end-consumer demand for quality logistics services, express delivery services are increasingly becoming the preferred mode of logistics for a large number of users in the country.
Ken Research in their latest publication Thailand Logistics and Warehousing Market Outlook to 2022 – By Freight Forwarding, Express Logistics, E-commerce Logistics and Warehousing Services (Industrial/ Retail Freight, Container Freight, Cold Storage, Agricultural and Others), Third Party Logistics believe that increasing the number of channel points, strengthening infrastructure connections, improving service quality in terms of training the personnel and promoting railways for freight transportation will have a positive impact on market.
Thailand logistics market is expected to register a positive CAGR of 3.9% during the forecast period 2017-2022.
Keywords Covered In This Report:-
  • Thailand Logistics Cost
  • Thailand Logistics Market
  • Thailand Freight Industry
  • Transport Infrastructure in Thailand
  • Road Freight Market in Thailand
  • Road Transport Market Thailand
  • Express Delivery Market Thailand
  • International Freight Market Thailand
  • Logistics Cost as a Percentage of GDP Thailand
  • Number of Freight Forwarders in Thailand
  • List of Freight Forwarders in Thailand
  • 3PL players in Thailand
  • Shipping Fleet Thailand
  • Trucking Industry Thailand
  • Government Regulations Thailand Logistics
  • Thailand Transport Infrastructure
  • Express Logistics Market in Thailand
  • E-Commerce logistics Market in Thailand
  • Warehousing Market in Thailand
  • Thailand Warehousing Market
  • Warehousing Business in Thailand
  • Current Situation of Warehousing in Thailand
  • Container Freight Warehouses in Thailand
  • Warehousing Services in Thailand
  • Warehousing Services in Bangkok
  • Domestic Warehousing Companies
  • List of Warehousing Service Providers in Thailand
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The report titled "Philippines Logistics and Warehousing Market Outlook to 2023 - By Freight Forwarding, Warehousing, Express Logistics, E-commerce Logistics, Third Party Logistics, Balikbayan Box Segment" provides a comprehensive analysis of logistics and warehousing services, express delivery, e-commerce logistics, 3PL and Balikbayan box industry. The report also covers the overall competitive landscape; government role and regulations, SWOT analysis, growth drivers, trends and developments. The report concludes with future projections and analyst recommendations highlighting the major opportunities and cautions.
The reports cover overall size and future outlook of Indonesia logistics, freight forwarding, warehousing, cold chain, 3PL, and express market in terms of value, segmentation on the basis of service mix, by geography and by type of industries. The report also covers value chain analysis for logistics market, comparative analysis of Indonesia logistics market with few APAC countries and global logistics market. The report also covers the competitive landscape of the industry and comprehensive profile of leading and emerging players operating in the market.
The report focuses on Vietnam freight forwarding market by normal and express delivery, by freight movement (sea freight, road freight, air freight, and rail freight), by international and domestic freight forwarding and by flow corridors (Asia Countries, European Countries, American and African Countries); Vietnam warehousing market by number of warehouses (Southern Vietnam and other regions), by end users (retail, electronic devices, textile and footwear, wooden products and others), by international and domestic companies and by business model (industrial freight/retail, container freight, cold storage, agriculture and others). The report further provides insight on Vietnam express delivery market by international and domestic express, by air and ground express and by market structure (B2C, B2B and B2C) along e-commerce logistics business by channel (3PL companies and e-commerce merchants), by speed of delivery (2 day delivery, 1 day delivery, same day delivery, within 2 hours and delivery beyond 2 days), by area of delivery (intercity and intracity) and by payment method (cash on delivery and others). The report provides statistics on Vietnam 3PL market by freight forwarding and warehousing and by international and domestic companies.
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Ankur Gupta, Head Marketing & Communications
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