Kuwait Retail Pharmacy Market Research Report And Outlook: Ken Research

How Kuwait Retail Pharmacy Market is Positioned?

Kuwait retail pharmacy market is in its growing stage and has increased at a CAGR of ~% majorly due to increasing population, surge in pharmaceutical imports, and growing prevalence of diseases such as Obesity, infectious and chronic ailments such as cancer within the country. It has been observed that the trend towards preventive healthcare witnessed a rise in line with an increase in healthcare awareness during the review period, thus supporting expansion of the cosmetics and food supplements along with the OTC segment and increasing demand for vitamins and supplements, weight loss formulations, and smoking cessation aids has led the retail pharmacy market positively. On the other hand, growth in healthcare sector has resulted in widespread of both standalone and pharmacy chains in the country. However, with respect to the expanding population of Kuwait, the market is still underserved especially in terms of affordability of specialty drugs and generic medicines in the country as of 2017.

People across Kuwait are facing several health care issues due to sedentary lifestyle and increasing consumption of canned food and abrupt eating habits, such as obesity, diabetes, and other cardiovascular diseases, which are demanding for technologically advanced healthcare infrastructure.

In addition to this, the Kuwait retail pharmacy market in terms of revenue has increased from KD ~ million in 2012 to KD ~million in 2017. The retail pharmacy market has augmented due to increasing healthcare facilities, innovation in pharmaceutical manufacturers and clinical laboratory services, expansion and increasing demand of pharmacy retail chains across the country.

What Types of Pharmacies are in Kuwait?

Pharmacy chains are the major dominating category under types of pharmacy in Kuwait. Pharmacy chains accounted ~% share in the number of pharmacies in the country. In Kuwait, people largely prefer to purchase drugs and private label goods from well-known pharmacy chains majorly due to trust on branded retail pharmacy outlets.

Independent Pharmacies remains the second most leading pharmacy stores in Kuwait in terms of number and in 2017 independent pharmacies accounted ~% share in the overall pharmacies in the country followed by Hospitals/clinic based pharmacies which accounted a mere share of ~% in terms of number of pharmacies in Kuwait. This is majorly due to these pharmacies are majorly present either inside the hospital campus or to a nearby clinics of a doctor.

What Major Types of Drugs Prevail’s in Kuwait retail Pharmacy Market?

Cosmetics dominated Kuwait retail pharmacy market with a massive revenue share of ~% in the year 2017. Increasing expatriate population in the country, surge in the sale of baby care products and higher price of the medicinal products are the key growth drivers for dominance of cosmetics sale in Kuwait retail pharmacy market.

In Kuwait, it has been observed that the major target audience for cosmetic products is from the female segment of the population. However, in Kuwait retail pharmacy market, food supplements (vitamins) captured revenue share of ~% in the year 2017. The major growth factor for food supplements market was growing awareness among consumers about personal well-being. Moreover, introduction of first five year plan namely Kuwait National Programme for healthy living (2013-2017) has further motivated the people to perform daily exercise and to take health supplements to stay fit. On the other hand, sale of drugs accounted the remaining ~% share in revenue under segment type of drugs in Kuwait retail pharmacy market in 2017. Major drugs which drive the sale of retail pharmacy include OTCs, specialty drugs and prescribed drugs and others.

Key Segments Covered:-

Market Segmentation:-

By Type of Pharmacy (Pharmacy Chains, Independent Pharmacies and Hospital/Clinic Based Pharmacies)

By Type of Drugs (Cosmetics, Food Supplements and Drugs)

By Revenue Split (KD 500 to KD 2,000, KD 2,000 to KD 4,000 and KD 5,000 to KD 10,000)

By Type of Sales Channels (Offline and Online)

Key Target Audience:-

Hospitals

Pharmaceutical Manufacturers

Pharmaceutical Distributors

Pharmacy Chains

Health Care Associations

Time Period Captured in the Report:-

Historical Period – 2012-2017

Forecast Period – 2018-2022

Companies Covered:-

Royal Pharmacy

Pharmazone

YIACO

Ali-Abdulwahab Al-Mutawa

Boots Pharmacy

Al-Hajery

Aster

Dowa

PharmaTee

For More Information on the research report, refer to below link:-
Kuwait Retail Pharmacy Market

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Indonesia Pharmacy Retail Market Outlook to 2022 - by Pharmacies & Drugstores and By Region (Central Java, East Java, West Java, North Sumatra, Jakarta and Others)

India Pharmacy Retail Market Outlook to 2020 - Growth Driven by Surge in OTC Drugs Sales and Expansion of Online Pharmacies

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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Rise in New Construction Projects Expected to Drive Vietnam Steel Comprehensive Industry: Ken Research

Steel is an alloy of carbon and iron with a small percentage of other metals for instance nickel, chromium, cobalt, molybdenum, aluminum, tungsten etc. It is a hard ductile & malleable solid. There are several different types of steel categorized on the basis of the type of metal used and the percentage content of the metal in the specific type of steel. Some commonly used types of steels are stainless steel, high carbon steel, mild carbon steel and medium carbon steel. Stainless steel is the most resistant and generally used steel of all the types. It contains 11 percent chromium and some amount of nickel. High carbon steel is basically composed of carbon and iron with a more percentage of carbon in it than the iron. Mild steel is composed of iron and carbon but it has a very low percentage of carbon. Medium carbon steel has a normal percentage of carbon that means that they are not as strong as the mild carbon steel and neither are they as hard the high carbon steel.

The key advantages are included repetitive use, speed of erection, ease of repair, expanding existing structures, quality of construction and adaptation of prefabrication etc. Apart from this, few of the limitations are subjected to bulking, corrosion and expensive fireproof treatment.

According to study, “Vietnam Steel Comprehensive Report Q4/2019” the key companies operating in the Vietnam steel industry are Hoa Phat Joint Stock Company, Italy Steel Joint Stock Company, Hoa Sen Group, DANA Iron and Steel Joint Stock Company, Thai Nguyen Iron And Steel JSC, Nam Kim Steel Joint Stock Company, Pomina Steel Corporation, SMC Steel Company Limited, Hoa Sen Group, Tienlen Corporation, Vietnam Germany Steel Pipe JSC, Thien Nam Trading Import Export JSC, Dai Thien Loc Corporation (DTL).

Based on type, Vietnam steel industry is segmented into long steel and flat steel. Flat steel products include slabs, cold-rolled coils, hot-rolled coils, tinplate, coated steel, and heavy plate. The flat steel segment is anticipated to witness higher growth rate owing to rise in use in numerous applications including construction, heavy machinery, tubes, pipes, appliances, and packaging during the forecast period. Based on product, market is segmented into structural steel, bright steel, iron steel wire, welding wire/rod, ropes, braids, pre-stressing steel, and others. The structural steel segment dominates the market due to rise in use of structural steel in construction applications primarily in building frames of buildings and bridges. In addition, based on application, market is segmented into building & construction, metal products, electrical appliances, domestic appliances, welding wire/rod, domestic appliances, metal products, mechanical equipment, automotive and others. The building & construction sector is anticipated to exhibit substantial growth rate as a result of growth in residential construction activities during the forecast period.

The Vietnam steel industry is driven by increase in infrastructural activities both in the residential and commercial construction followed by rise in industrialization & surge in infrastructure investment in emerging cities, growth in urban population and growth in adoption of steel in the electrical appliances, automotive, and other end-use industries. However, volatile price of raw materials may impact the market. Moreover, relaxed credit policy in country and high recyclability of steel scrap are key opportunities for market. Furthermore, eliminate the excess capacity is a major trend for market.

In Q4/2019, Vietnam steel industry was grown-up owing to increase in investment by many enterprises. In upcoming years, it is predicted that future of the market will be bright on account of rise in new construction projects and better disbursement situation during the forecast period.

For More Information, Click on the Link Below:

Vietnam Steel Comprehensive Industry

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Vietnam Steel Comprehensive Report Q2/2018

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Prominent Usage Of Ammonium Paratungstate Globally Market Outlook: Ken Research

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According to the report analysis, ‘Global Ammonium Paratungstate(APT) Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use’ states that in the worldwide ammonium paratungstate (APT) market, there are several companies which presently functioning more actively for leading the fastest market growth and dominating the great value of the market share globally during the forecast duration while increasing the application, decreasing the cost, advancing the technologies of production, employing the young workforce and spreading the applications of such includes EMEC (Egypt), Force Chem Technologies (US), Halliburton (US), Innospec, Inc. (US), Janus Energy Resources (US), Kosta Oil Field Technologies, Inc. (US), LLC FLEK (Russia), NALCO Champion (US), Newpark Resources, Inc. (US), Schlumberger Limited (US), M-I SWACO (US), Rocanda Enterprises Ltd. (Canada), Roemex Limited (UK), Akzo Nobel Surface Chemistry (US), AES Arabia Ltd. (Saudi Arabia), Baker Hughes Incorporated (US), Caradan Chemicals, Inc. (Canada), Clariant (Switzerland), Croda International Plc. (UK), Deep South Chemicals, Inc. (US) and several others.

The Ammonium paratungstate is a snowy colored sparkling salt of tungsten and ammonium. It is easily reached in the powder discrepancy. Commonly, the ammonium paratungstate is attained by unraveling tungsten from several ores. It is presented from the ammonium solution of tungstic acid. Successively the preparation of ammonium, the paratungstate is excited till the anticipated decomposition temperature reaches 600⁰C in order to announce the tungsten oxide and tungsten elemental powder. The Tungsten powder is expressively utilized in more than a few applications such as tungsten alloys, bars, and wires.

In addition, based on the type, the worldwide market of ammonium paratungstateis sectored into Neutralization, Tungsten Acid Method and Thermal Decomposition Method. However, the sector of the application involvesTungsten Metal, Alloy Steel, and Ceramic Industry. Furthermore, The effective growth in requirement for the tungsten alloys in the construction of greater cutting tools, drilling, and mining equipment is estimated o encouragement the ammonium paratungstate market throughout the review period.

Nonetheless, the operative growth in the requirement for the widespread intermediate products, such as ammonium paratungstate, for the establishment of the tungsten derivatives because of its outstanding chemical and physical reimbursements is a foremost aspects prophesiedto propel the ammonium paratungstate market in the coming future. 

Based on region, the worldwide ammonium paratungstate market can be catergorized in to North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. However, the Asia Pacific region is anticipated to constitute protruding share of the ammonium paratungstate market across the globe throughout the forecast duration. Presenceof outsizedamount of end-user industries such as automotive, mining, and metal is influencing the market in the region. Meanwhile, the market of ammonium paratunstate is predicted to observe noteworthy incongruence in terms of demand and supply, unambiguously from tungsten manufacturers, owing to the improbableness of the international prices of ammonium paratungstate. This is anticipated to restrict the requirement for the ammonium paratungstate in the upcoming future.

Although, the effective growth in the consumption of the ammonium paratungstate in automotive and metal industries is also a principal aspects anticipated to enhancement the requirement for the ammonium paratungstate during the calculated period. China is also probable to continue a prevailing region for ammonium paratungstate throughout the upcoming future. Hence, it is predicted that during the near years, the market of ammonium paratungstate will augment more significantly over the upcoming future.

For More Information, refer to below link:

Global Ammonium Paratungstate(APT) Market

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Ammonium Paratungstate(APT) Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

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Global Ammonium Paratungstate(APT) Market Status and Future Forecast 2015-2024

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com
+91-9015378249

Driven by Demand from Gas Industry and High Value Pipes, Israel Plastic Pipe and Fitting Market is Expected to Reach USD 640 Million by 2023: Ken Research

PE, PP and UPVC pipes are widely used in construction industry. Commercial infrastructure development in terms of area increased by 71.4% from 2016 to 2017. This led to increase in demand for such pipes in the country.

In 2017, around 24 thousands of new dwellings were sold in Israel leading to increased demand of PVC and CPVC pipes for plumbing and electrical conduits. Residential development like these helped in improvement of demand for PVC and CPVC pipes in the country.

Analysts at Ken Research in their latest publication “Israel Plastic Pipe and Fitting Market Outlook to 2023-By Type of Pipe (UPVC, CPVC and PVC, PE, PP and Others); By Type of End User Application (Irrigation, Water Supply and Sewage, Plumbing, Chemical and Oil and Gas and Others) and By Market Structure (Organized and Unorganized)” believe that investing in latest technologies, improving value added services, stricter credit policies, improve relationship with oil and gas sector, setting achievable sustainable goals and investing in research and development in recycling techniques will help the manufacturers gain a foothold in the market.

The market is expected to register a positive CAGR of more than 11% in terms of revenue during the forecast period 2018-2023. The market is further expected to be driven by the growth of industrial sector in the country.

Growth of the Gas Sector: The gas industry in Israel has grown at very fast pace and  is fueled by successful exploration of offshore gas reserves like Tamar gas field and Leviathan gas field in the last few years. This has resulted in many infrastructure projects in the industry leading to increase in demand for plastic pipes and fittings.

High Water Loss in Water Distribution Grid: Israel faces high water scarcity due to which the water conservation techniques become very important for the EPC and O&M companies engaged in pipe laying and maintenance. According to OECD guidelines for prevention water loss under an environmental directorate published in 2011 under the name Policies to Support Eco-innovation in Israel, the water supply companies should take full responsibilities for water losses of more than 8% in pipe grids in industrial, domestic as well as agriculture sector.

Wide Implementation of Precise Irrigation Techniques: Precise irrigation techniques have gained significant growth in the last few years. These techniques use PVC, UPVC and PE pipes for transportation of water and chemicals to the fields. The pipes used in these techniques have an average replacement period of less than year leading to high replacement demand for such pipes.

Infrastructure Growth: The infrastructure growth in Israel is one of the biggest drivers behind the usage of plastic pipe and fitting market in Israel. Industrial as well as real estate sector is equally responsible for the growth of the market. High value large diameter products are in demand from industries whereas small diameter products are in demand from real estate sector. Industrial infrastructure growth was primarily in the gas, mining and quarrying sector. Most commonly used plastic pipes are made of PE resin which are mainly used for carrying slurry and other type of waste. Growth in the real estate sector has led to increase in demand for almost all types of pipes for applications such as water supply, sewage, plumbing and others.

Key Segments Covered:-

Market Segmentation

By Type of Pipe (UPVC, CPVC and PVC, PE, PP and Others)

By Type of End User Application (Irrigation, Water Supply and Sewage, Plumbing, Chemical and Oil and Gas and Others)

By Market Structure (Organized and Unorganized)

By Domestic Manufacturing and Imported

Key Target Audience:-

Irrigation Companies

Pipeline EPC companies

Real Estate Developers

HVAC EPC Companies

Telecommunication Companies

Government Entities

Plastic Pipe Manufacturers

Time Period Captured in the Report:

Historical Period – 2013-2018

Forecast Period – 2018-2023

Companies Covered:-

Huliot Piping System

Hameshavek Trading and Engineering ltd

Uniflex

Palgal

Pexgol

Plassim

Bambi Plast

Alonim M.M. S Ltd

Metzer

Ramallah Plastic Pipe Co.

Saltech

Palad HY Industries ltd.

A.S. PLAST

Avrot Industries Ltd

Key Topics Covered in the Report:-

Introduction on Israel Plastic Pipe and Fitting Market

Value Chain

Market Size by Revenue (2013-2018)

Plastic Pipe and Fitting Market Segmentation by Type of Pipe, by Type of End User Application, by Type of Market Structure

SWOT Analysis for Israel Plastic Pipe and Fitting Market

Competition Scenario in the Industry

Company Profiles of Major Players in the Market

Growth Drivers, Trends and Developments in the plastic pipe and fitting Market

Issues and Challenges in the Israel Plastic Pipe and Fitting Market

Pricing Scenario in the Industry

Future Outlook for the Market (2018-2022) Including Estimated Market Size in Terms of Revenue and Market Segmentation by Type of Pipes, by type of end user application and by Market Structure

For More Information, refer to link below:-

Israel Plastic Pipe and Fitting Market

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Jordan Plastic Pipes and Fittings Market Outlook to 2022- By Type of Pipes (uPVC, PVC AND CPVC, PE and others) and Type of End Use Applications (Irrigation, Water Supply And Sewage, Plumbing, Chemical And Oil and Others)

Oman Plastic Pipe and Fitting Market Outlook To 2022 - By Type Of Pipe (UPVC, CPVC and PVC, PE, Others) and By End User Application (Irrigation, Water Supply & Sewage, Plumbing, Chemical & Oil, Others)

Qatar Plastic Pipes And Fittings Market Projections To 2022- By Type Of Pipes (UPVC, CPVC, PE, PP and Others) And Type Of End Use Applications (Irrigation, Water Supply And Sewage, Plumbing, Chemical, Oil And Gas And Others)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Positive Macroeconomic Indicators are Expected to Support Vietnam Economy: Ken Research

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Macroeconomic studies the behavior & performance of economy. It focuses on fluctuations in the gross domestic product (GDP), business cycle phases, employment rate and rate of inflation, level of government debt, money supply, and short-term & long-term effects of trends and changes in the measures. Macroeconomics study that have different areas of research different disciplines understanding the long-run economic factors of growth followed by accepting the causes & consequences of short-run fluctuations in national income. Corporations and government analyze macroeconomic simulations for formulating of economic along with monetary and fiscal policy.

According to study, “Vietnam Macroeconomic Comprehensive Report Q4/2019” macroeconomics is the system connects the countless policies, resources, and technologies that leads to economic development happen. Aggregate demand & supply, saving inflation/deflation, economic growth unemployment trade cycle and international trade economic planning (Fiscal policy/Monetary Policy) are some of major concerns for any nation. It also explains the working of economy behavior of entities like firms, households and the government. It assists in preparing economic plans for development in international comparison. Policy-makers formulating macro-economic policies such as monetary policy, fiscal policy, industrial policy, exchange rate policy, income policy, etc. The economic dynamism and complicated inter connection among macroeconomic variable, such as price level, income, output and employment also governs the economic development.

Macroeconomic factors are critical in shaping landscape within factors (such as labor and capital) and product markets operations. They also have a critical influence on decisions associated to companies which produce, employment, export or import goods. The factors also examine household decisions to invest in infrastructure, education and many other aspects of development. These long-term trends are compounded by the fact that the external conditions faced by economies in the regions become less favorable.

Macroeconomic guidelines comprise of taxes, government spending and borrowing, exchange rate determinants, and monetary and credit rules. The main objective of effective macroeconomic policies is to decrease doubt and risk in economic decision-making. An unchanging macroeconomic situation enhances predictions for growth and enhanced living standards.

Macroeconomics factors studies the difficulties related to employment and unemployment. Functions of money and theories relating to it, banks and other financial institutions part of its study. Macroeconomics studies trade among different countries. Theory of international trade, tariff, protection etc. is subjects of great meaning to macroeconomics. Some of the key developing challenges in general economic management comprise of the accurate collection of statistics and data, the improvement of economic growth and structural revolution in a rapidly-changing world, developing appropriate fiscal management strategies, and the special cases of countries rich in natural resources and those affected by any conflicts. Rise in economic standards provides the basis for expanding incomes and employment and the resources needed by government financing programs for social uplift. Such growth is most effective when it provides opportunities to all segments to participate in the growth progression, and sustainable in ensuring that takes from nature whatever is required and should not disadvantage future generations.

Vietnam's tying up of ASEAN Economic Community (AEC), Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), EU-Vietnam Free Trade Agreement (EVFTA) are some of the key free trade agreements in the recent time creating new opportunities to further stimulate exports. The preferential tax as well as other supported sources has also led to attracting new FDIs in different sectors.

For More Information, click on the link below:-

Vietnam Macroeconomic Market Research Report

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PESTLE Insights: Macroeconomic Outlook Report - Italy

PESTLE Insights: Macroeconomic Outlook Report - India

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Ken Research

Ankur Gupta, Head Marketing & Communications

ankur@kenresearch.com

+91-9015378249

Market Research Subscription for Corporates: Ken Research

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Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249