Tuesday, January 28, 2020

Australia Mattress Market Revenue is expected to Reach over AUD 800 Million by the year ending 2023: Ken Research

  In Australia, the Number of Hotel rooms and hospital beds will increase at a CAGR of 1.3% and 2.3% respectively during the period FY’2018-FY’2023E. It will positively increase the demand for mattresses in the country.
  •  Rise in number of Tourists, as well as people going for camping, trekking and traveling in caravans, will result in a rise in mattress sales.
  •  The rising awareness about healthy sleep is a major favorable factor driving mattress sales.
 Increase in number of Tourists: In the future, it is expected that the number of tourists visiting Australia will lead to an increase in the demand for mattresses especially from the hotel chains. Customized mattresses will be largely demanded as Australia is one of the major tourist destinations for outings and camping sites therefore rise in demand for mattresses for caravans, tents and trekking will positively boost the mattress market.
New Technological Innovations: In Australia, it is expected that in future there will be increasing demand for a temperature-controlled mattress which can sense the room temperature and automatically adapt to it by altering its own temperature. Another innovation expected in mattress technology is the self-cleaning mattress; which will use technology such as a vacuum cleaner to get rid of dust particles on its own.
Australia Mattress Market
Raising Awareness about Good sleep: Good sleep includes sleeping with proper posture. The Australian population is becoming more aware of the adverse effects of bad sleep. People are becoming aware that a good mattress can alleviate lower back pain issues. Therefore, raising awareness about good sleep will further augment the growth of the mattress market in Australia.
 Analysts at Ken Research in their latest publication Australia Mattress Market Outlook to 2023- By Size (King, Queen, Double, Single), By Type (Spring – Pocket and Inner Spring, Foam & Latex and Others), By Distribution Channel (Retail and Direct), By Price (Mass, Economy and Premium), By Organized and Unorganized Segment” believed that the Australia mattress market will increase due to rising demand for camping and caravan mattress, surge in a number of Hospital beds and growth in a number of hotels.
The market is expected to register a positive CAGR of 3.5% in terms of revenue during the forecast period FY’2018-FY’2023E.
Key Segments Covered:-
By Size of Mattress
King and Super Kingsize
Queen size
Double size
Single size
By Type of Mattress
Spring
Foam and Latex
Others
By Type of Spring Mattress
Pocket Spring
Inner Spring
By Distribution Channel
Retail
Direct
By Price Segment
Mass
Economy
Premium
By Market Structure
Organized
Unorganized
By Type of Manufacturing
Domestic Manufacturing
Imports
Key Target Audience
Mattress Fabric Ticking Companies
International Manufacturers
Mattress Retailers
Private Equity Investors
Online Portals
Time Period Captured in the Report:-
Historical Period: FY’2013-FY’2018
Forecast Period: FY2019-FY’2023
Companies Covered:-
Dyer Holdings Pty Ltd (Sealy)
A H Beard Holdings Pty Ltd
Australia Comfort Group Holdings Pty Ltd.
Fantastic Holdings Limited
Makin Mattresses Pty Ltd
Sleepeezee Bedding Australia
Regal Sleep Solutions
Vanrest Beds Direct
Slumberest Pty Ltd
Koala
Onebed
Ergoflex
Ecosa
Greywing
Sleep Republic
Sleeping Duck
Sommuto
Key Topics Covered in the Report:-
Box beds Mattress Market Australia
Mattress Sale in Australia Market
Waterbeds Market Australia
Ecosa Mattresses Sales Australia
Australia Super King size mattress Market
Orthopedic Mattress Market Australia
Mattress Warranty in Australia Market
Koala Mattress Sales Australia
Sealy Mattresses Sales Australia
Mattress for Luxury Hotels Australia
Mattress for camping and tents Australia
Mattresses for Caravan Australia
Pocket spring Mattress Australia
Innerspring Mattress Australia
Mattress for Hospital beds Australia
Mattress for Hotels Australia
For More Information, Refer To Below Link:-
Australia Mattress Market Outlook
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Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Increase in Number of Regulations in Industries Expected to Drive Global Climate Chamber Market: Ken Research

Climate Chamber is an environmental testing device used for numerous types of testing for instance research & development testing, production testing, accelerated stress testing, reliability testing, prototype evaluation, failure analysis, and any other application where environmental replication is needed. It is artificially replicates the situations under which materials, machinery, devices or components might be exposed.
According to study, “Global Climate Chamber Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global climate chamber market are ESPEC, Angelantoni Test Technologies S.R.L., Thermotron Industries, Cincinnati Sub-Zero Products, Inc., Climats, Binder GmbH, Thermal Product Solutions, Weiss Technik UK, Russells Technical Products, Memmert GmbH + Co. Kg, Envsin Instrument Equipment Co. Ltd., Scientific Climate Systems, Climatic Testing Systems, Inc., CM Envirosystems Pvt. Ltd., Hastest Solutions Inc., Bahnson Environmental Specialties, LLC, Hanse Environmental Inc., Eckel Noise Control Technologies, Presto Group, Konrad Technologies GmbH. The key companies operating in the market are involved in new product development to increase the quality & reliability of the existing product.
Based on type, climate chamber market is segmented into walk-in chambers, bench-top chambers, temperature & humidity chamber, thermal shock chambers, specialty chambers and others (altitude chambers, AGREE chambers, HALT & HASS chambers, salt & spray chambers, sand & dust chambers and remote conditioners). The temperature & humidity chambers as a standard or catalog product used for basic temperature cycling, steady-state stability testing, and accelerated stress testing of components or products associated with industries. Based on test requirement, market is segmented into dynamic climate chambers and constant climate chambers. In addition, based on application, market is segmented into electronics, aerospace, pharma & bio, electronics and others (building & construction, electricity, oil & gas, water, and marine).
The climate chamber market is driven by increase in number of regulations in industries for instance aerospace & defense, and automotive, followed by growth in supportive government initiatives and increase in requirement of monitoring effects of various stress factors. However, high development cost associated with environmental test chambers and shorter product life cycle & fast-changing testing requirements may impact the market. Moreover, rise in Innovations in Connectivity & Smart Technologies is a key opportunity for market.
Based on geography, the North-American region holds major share in climate chamber market, followed by European region owing to accelerating pharmaceutical & food industries and growth in supportive government regulations in the region. The market players operating in the region are strengthening their businesses by attaining supplier companies of sub-products required for environmental test chambers. Whereas, the Asian-Pacific region is estimated to exhibit higher CAGE due to rise in government investments in related industrial sectors, for instance aerospace over the forecast period. In near future, it is predicted that the market will be reached at rapid pace on account of rise in adoption of food safety & quality assurance mechanisms for instance Total Quality Management (TQM) that includes ISO 22000, ISO 9000, Hazard Analysis & Critical Control Points (HACCP), Good Manufacturing Practices (GMP), and Good Hygienic Practices (GHP) by the food processing industry during the forecast period. The worldwide market is projected to grow at a CAGR of approximately 2.5% over the next five years, will reach US $740 million in 2024, from US $640 million in 2019.
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Ankur Gupta, Head Marketing & Communications
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Nigeria Freight Forwarding Industry Analysis: Ken Research

How Nigeria Freight Forwarding Market Evolved?
Logistics is vital for the economic performance of any economy.  Nigeria, like other African countries, has structural issues such as logistics infrastructure and cumbersome customs procedures at the seaports.
Freight forwarders specialize in arranging to ship merchandise on behalf of its shippers. They usually provide a full range of services such as tracking inland transportation, negotiating freight charges, freight consolidation, cargo insurance, and filing of insurance.
The Lagos Port Complex and Tin can Port in Lagos is the largest commercial ports in Nigeria. MMIA is the major commercial airport in Nigeria, situated in the capital city of Lagos. Therefore, Lagos is the commercial and trading hub of Nigeria.
Nigeria Freight forwarding industry was evaluated to grow from USD ~ million in 2013 to USD ~ million in the year 2018 at a compounded annual growth rate (CAGR) of ~% during the period. In 2016, Nigeria was hit by a very bad recession where it had a setback because oil prices fell down from ~ a barrel in 2014 to below ~ in 2016. This affected the country’s logistics sector and fall to a growth rate of almost ~% in 2016-2017 but finally came out of recession in 2018.
In 2018, Nigeria has achieved rank 145 in the Ease of Doing Business Index and rank 112 in the Logistic Performance Index.
Nigeria Freight Forwarding Market
The increasing middle class and urban-educated population have pushed the demand for shopping centers and e-commerce in Lagos and urban counties of Nigeria. This is increasing the demand for logistics from such platforms.
Nigeria Freight Forwarding Market Segmentation
By Mode of Freight
Sea Transport dominates the freight forwarding market as all the imports and exports are done by sea. Road transport is important for last-mile delivery in e-commerce and transporting goods to other neighboring African countries but suffered from the poor condition of roads. Air transport is not very popular in cargo transportation and used mostly for passengers. Rail Transport is expected to grow with the introduction of SGR in Nigeria.
By Type of Freight
International freight forwarding accounted for larger revenues share in overall Nigeria Freight Forwarding Market, accounting for a share of ~% in the year 2018.
By Flow Corridors
Over the past decade, Europe has replaced Asia as the major trading partner of Nigeria with a share in overall share of ~% in international freight. ~%. Asian countries such as China and India are major trading partners with Nigeria.
By End Users
The major end-users of freight forwarding services in Nigeria include the Food and Beverage, Industrial and Retail sectors with a share of ~% and ~% respectively. The F&B sector also creates a demand for cold transportation for perishable items. Increasing Nigerian local food products and shipping structures manufacturing in the country have triggered the demand for logistics and warehousing services.
By Contract and Integrated:
Third-Party Logistics in Nigeria has been thriving in the Nigeria Freight Forwarding Market with a share of ~% in overall market revenue.
Competitive Scenario in Nigeria Freight Forwarding Market
  • The Nigeria Freight Forwarding the market is highly scattered with over ~ freight local forwarding companies registered under the Council for Freight Forwarders in Nigeria. The market is scattered and constitutes of a number of multi-service logistics firms, specialized freight forwarders, and local transporters/truckers. While multi-service firms are mostly international, almost all transporters/truckers are local and regional.
  • The industry is at a growth stage in terms of parameters in terms of adoption of technology, efficient utilization, diversification of its service but the logistics cost charged is very high due to the dearth of proper infrastructure in the country. The cost of transporting 40 ft containers and 20 ft containers to warehouses has increased ~ % in the past few years.
Companies Cited in the Report:-
DHL
BHN Logistics
Bollore Logistics
ABC Transport
UPS (United Postal Services)
Redstar Logistics
Maersk Line
MSC (Mediterranean Shipping Company)
TSL Logistics
Nigeria Freight Forwarding Future Outlook and Projections
Nigeria's freight forwarding market is projected to grow at a CAGR of ~% during the forecast period 2018-2023 owing to the country’s plans to turn itself into the trading and manufacturing hub of Africa.
The revenue from the freight forwarding market in the country is anticipated to grow from USD ~ million in 2018 to USD ~ million by the year ending 2023.
The key growth drivers for the market include the rising demand for products through online purchases which has augmented the E-commerce market. The increasing international trade volumes and domestic manufacturing are expected to increase the demand for freight forwarding services.
The increasing year on year investment by the government of Nigeria on infrastructural and development projects such as the Trans African Highway, Lagos-Kano SGR, Lekki Deep Sea Port and improving the air transport network is also witnessed to positively impact the market. Due to such reasons, new firms continue to enter the market despite any tariff or trade barriers.
Key Segments Covered:-
Nigeria Freight Forwarding Market
By Mode of Freight
Road Freight
Rail Freight (Volume and Revenue)
Air Freight (Airfreight in Nigeria (Volume- Imports and Exports of Cargo and Mail By Airports)
Sea Freight (Volume By Import –Export And Cargo Type, Logistic cost, Container Freight Rates, CARGO duty, General Cargo Delivery Charges, And Ship Dues)
By Type of Freight
International Freight Revenue
Domestic Freight Revenue
By Flow Corridors
Asian Countries
European Countries
Middle East
America
African Countries
By Contract and Integrated
Contract Logistics Revenue
Integrated Logistics Revenue
By End-User
Food and Beverages
Industrial and Retail
Automotive
Others (Chemical products, fertilizers, pharmaceutical products, perfumes, etc)
Companies Covered:-
DHL
BHN Logistics
Bollore Logistics
ABC Transport
UPS (United Postal Services)
Redstar Logistics
Maersk Line
MSC (Mediterranean Shipping Company)
TSL Logistics
Key Target Audience
Freight Forwarding Companies
E-Commerce Logistics Companies
3PL Companies
Consultancy Companies
Express Delivery Logistics Companies
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023
Key Topics Covered in the Report:-
Nigeria Transportation Major Companies
Inland Container Depot Niagara
Road Freight Industry Nigeria
E-Commerce Logistics Companies in Nigeria
Third-Party Logistics in Nigeria
International Freight Companies in Nigeria
Nigeria Freight Forwarders
Nigeria exports Revenue
Nigeria logistics and warehousing services
International trade of Nigeria
Nigeria ECOWAS Agreement
Nigeria Container Freight Rates
Cargo Shipping Cost to Nigeria
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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Monday, January 27, 2020

Rise in Incidence of Hospital Acquired Infections Anticipated to Drive Global Disposable Lead Wires Market: Ken Research

Disposable lead wires are wires, usually decontaminated after patient use. It reduces risk of cross contamination between patients. It directly connected to the electrode that allows doctors to change the electrode without replacing the entire lead wire set.
The key advantages are included affordability, lower risk of contamination, ease of use, and easy availability.
According to study, “Global Disposable Lead Wires Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global disposable lead wires market are Carlisle Medical Technologies, 3M Company, BD and Company, Conmed Corporation, Mindray Medical International Ltd., Curbell Medical Products Inc., Schiller AG, Medtronic Plc., OSI System Inc., Welch Allyn Inc.. The key companies are frequently focusing on producing low priced products and implement better pricing strategies.
Based on machine type, disposable lead wires market is segmented into 3 lead wires, 5 lead wires and others. Based on materials, market is segmented into Thermoplastic Polyurethane (TPU), Thermoplastic Elastomer (TPE) and others. The TPU material provides some benefits such as biocompatibility, low-temperature elasticity, bio-stability, and abrasion resistance, which makes them the best material for manufacturing of lead wires. Additionally, TPE provides many benefits for instance high cost efficiency, stability, compatibility, and high insulation properties. The segment is projected to register exponential growth owing to its adoption & applicability in a wide range of applications during the forecast period. In addition, based on end-use, market is segmented into clinics, hospitals, long term facilities and ambulatory & home care. Clinics segment holds major share in market due to rise in demand for remote patient monitoring services and growth in awareness amongst end-users. Ambulatory care centers are estimated to witness higher growth rate because of rise in significance of disposable lead wires in patient monitoring during the forecast period.
The disposable lead wires market is driven by rise in prevalence of cardiovascular diseases, followed by increase in incidence of hospital acquired infections (HAIs), rise in usage of Electrocardiography (ECG) equipment & accessories, increase in disposable income, rise in awareness pertaining to associated advantages with the usage of disposable lead wires, growth in technological advancement and increase in demand for disposable devices. However, Lack of reimbursement policies may impact the market. Moreover, rise in number of government initiatives to stimulate the incorporation of patient safety procedures in hospital settings is a key opportunity for market.
Based on geography, the North-American region holds major share in disposable lead wires market owing to growth in mortality & morbidity associated with cardiovascular disease among the populations resulting from heart disorders and rise in expenditure on healthcare in the region. The Asian-Pacific and European regions are projected to witness higher CAGR due to presence of local players, growing geriatric population in numerous developing & developed nations and unmet patient needs over the forecast period. In upcoming years, it is estimated that future of the market will be bright as a result of Introduction of advanced technology for instance different lead systems for accurate patient monitoring during the forecast period.
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Ankur Gupta, Head Marketing & Communications
+91-9015378249

Growing Trends in the Worldwide Integration Software as a Service Market Outlook: Ken Research

The integration software as a Service is an effective innovation where in the benefits, data, procedure and application programs are integrated. The integration allows the enterprises to decrease the multifaceted nature of their functions and better link with cloud services. The integrations also save the duration by delivering the typical platform to several benefits.

According to the report analysis, ‘Global Integration Software as a Service Market 2019 by Company, Regions, Type and Application, Forecast to 2024’ states that in the integration software as a service there are numerous corporates which presently performing for leading the highest market growth and registering the great value of market share while increasing the application of such system or software, decreasing the cost of software, spreading the awareness related to the benefits of such and studying the competency of the competitors while DBSync, Zapier, Microsoft, IBM, Mulesoft, Bedrock Data, Okta (Azuqua), IFTTT and several others.

Not only has this, the large players in the worldwide integration software as a service market are scheduling for acquiring the small companies and planning for establishing the new applications and implementing the policies and strategies of joint ventures, mergers and acquisition and partnership for ruling across the globe and generating the high value of market share. Nonetheless, the small players in the integration software as a service market are positively functioning for being prominent and leading during the short of span of time while increasing the applications of such system, doing the technological advancements, studying the vigorous regulations of the government and employing the smart and young work force.

The effective growth in the investments by the key market players in system integration solutions, has suggestively eliminated redundancies and positively obstructed the IT infrastructure. Positive increment in the requirement for eradicating multiplicity, heterogeneity, and evolving distinctiveness of imperative applications and infrastructures is also predicted to power the system integration market over the review period.

The efficient increase in the necessity of advanced systems to augment the technique toward sending, creating, and managing enterprise applications across the globe has been a significant aspect influencing the market rise. In addition, the present advancements in big data, distributed computing, and Internet of Things (IoT) within the organizations' processes have also paved the way for greater advancement of integration software as a service systems.

While the acceptance of integration software as a service will be principal in the IT and telecommunications industry, contributors in the healthcare and education sectors will also indicate augmented the interests towards integration systems. Hospitals and healthcare service merchants are predicted to accept the integration software as a service for integration of documentation processes and supplies management. Pharmaceutical corporates are demanded to execute integration software as a service for consolidating their manufacturing with medicate advancement functions. For the education business, integration software as a services will allow schools to streamline and establish their daily functions, and hold the access to information and data through integrated platforms.
Therefore, in the near years, it is predicted that the market of integration software as a service will increase around the globe over the upcoming years more progressively.

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Ken Research                                   
Ankur Gupta, Head Marketing & Communications
+91 9015378249