Thursday, March 12, 2020

UK E-Commerce Market is Driven by Surge in Digital Ad Spent, Rising Smartphone Penetration and Growth Amongst Youth Population: Ken Research

“Growing digital penetration and technological innovation in the country has driven the growth of E-commerce market in UK”

Increasing Digital Ad Spent in UK: Rapid adoption of internet in UK with 63.1 million users in 2018 has shifted the advertising spent of companies from traditional offline Ads to online ads. This leads to the growth of the E-commerce industry in UK. The sectors are focusing on maintaining their digital presence by creating their own website and spending huge amount on online advertisement to cater to a large amount of traffic. Also, the tech industry of UK is has grown 2.6 times faster as compared to other sectors in past five years thus, evaluated at GBP 180 billion in 2018. The growing size of the industry depicts the continuous technological innovation leading to the growth of digital ad spent in UK.


Rising Smartphone Penetration: In accordance with We Are Social Statistical Database, UK was evaluated with total of 45.0 million active social media users therefore, making a social media penetration of 67% and 71.7 million mobile subscription users as of January 2019. The increasing usage of internet via Smartphone has surged the growth of E-commerce industry in the country owing to the convenience and ease of accessing the websites from anywhere along with high internet speed of around 27.55 Mbps and increasing number of mobile optimized websites in UK.

Growth in Youth Population of UK: Millennial and young population is the major end user of digital platforms in UK. The increasing number of young online shoppers and solo travelers has majorly contributed towards growing consumption of online video and music streaming services and online travel market in UK. The youth population of UK is increasing with a CAGR of 0.7% during 2013-2018 thus, evaluated at 27.5 million in the year 2018. The well developed digital infrastructure and increasing penetration of internet in the country with 46.2 million users and 95% penetration rate in led to growth of E-commerce industry in the country.

Analysts at Ken Research in their latest publication UK E-Commerce Market Outlook to 2025 - Online Retail (By Product Categories, By Desktop and Mobile Transaction Type, By Gender and By Mode of Payment); Online Travel (By Intermediary and Direct Online Sale and By Desktop and Mobile Booking Type); Online Advertising (By Desktop and Mobile Ad Spend, By Type of Advertising, By Type of Display Advertising, By Sectors and By Advertising Model); Online Movie Ticket Booking; Video Streaming; Music Streaming and Online Gamblingobserved that the market in UK is at a growing stage and it will further witness growth owing to factors such as rising digital advertising spent, increase in number of websites on desktop and mobile  and increasing penetration of smartphones across the country. UK E-commerce market including online retail, online travel, online advertising and entertainment space (movie ticket booking, video streaming, music streaming and gambling) is expected to register a positive CAGR of 6.5% in terms of gross merchandise value, 1.9% in terms of gross transaction value, 7.9% in terms of online ad spent, 7.0% in terms of gross transaction value, 8.3% in terms of subscription revenue, 24.2% in terms of subscription revenue and lastly, 7.8% in terms of gross gambling yield respectively during the forecast period 2018-2025.

Key Segments Covered
Online Retail Market:
By Product Category Type (Apparel and Footwear, Beauty and Personal Care, Consumer Appliance, Consumer Electronics, Consumer Health, Food and Drink, Home Care, Home Improvement & Gardening, Homewares/Home Furnishings, Media Products, Personal Accessories and Eyewear, Pet Care, Traditional Toys and Games, Video Games Hardware and Other Internet Retailing)

By Type of Device (Mobile and Desktop)
By Gender (Female and Male)
By Mode of Payment (Cash on Delivery, Debit + Credit Card and Net Banking and M-Wallets)

Online Travel Market:
By Categories (Intermediary Online Sales and Direct Online Sales)
By Type of Device (Desktop Travel Sales and Mobile Travel Sales)
By Intermediary Online Sales (OTA Online Sales to Residents and Other Travel Intermediaries Online Sales to Residents)

By Intermediaries Corporate Business Online Sales & Intermediaries Leisure Online Sales
By Direct Online Sales to Residents (Airlines Direct Online Sales, Lodging Direct Online Sales, Car Rental Online Sales and Other Transport Direct Online Sales)

By Intermediary Corporate Business Online Sales (Air Online Sales Only, Lodging Online Sales Only, Car Rental Online Sales Only, Transport Online Sales Only and and Other Online Sales Only)

By Intermediary Leisure Online Sales (Package Holidays Online Sales Only, Air Online Sales Only, Lodging Online Sales Only, Cruise Online Sales Only, Car Rental Online Sales Only, Other Transport Online Sales Only and Other Online Sales Only)

Online Advertising Market:
By Type of Device (Desktop and Mobile)
By Type of Advertising (Paid Search, Display and Online Classifieds and Others include Affiliate Marketing, Email Marketing and Native Advertising)

By Sectors (Retail and Consumer, Automotive, Financial Services, Hospitality, Entertainment and Media and Others include Technology, Education, Sports)

By Type of Display Advertising (Social Media Advertising, Video Advertising and Others include Banner Ads and Sponsored Ads)

By Model (Cost Per Click, Cost Per Mile and Cost Per Action)

Online Movie Ticket Booking Market:
By Type of Device (Desktop and Mobile)
By Gender (Female and Male)

Video Streaming Market:
By Gender (Female and Male)
By Age Group (15-30 years, 31-45 years and 46-55+ years)

Music Streaming Market:
By Gender (Female and Male)
By Age Group (15-30 years, 31-45 years and 46-55+ years)

Online Gambling Market:
By Type of Device (Desktop and Mobile)
By Age Group (21-40 years and 41-55 years)

Key Target Audience
Online Retail Companies
Third Party Websites of Online Retail
Online Travel Companies
Online Advertising Agencies
Online Advertising Platforms
Cinema Theatres
Third Party Movie Ticket Booking Websites
Online Video Streaming Companies and Platforms
Online Music Streaming Companies and platforms
Online Gambling Companies

Time Period Captured in the Report:
Historical Period: 2013-2018
Forecast Period: 2018-2025F

Companies Covered:
UK Online Retail Market:
Amazon.com Inc
eBay Inc
Tesco Plc
J Sainsbury Plc
John Lewis Partnership Plc

UK Online Travel Market:
TUI Travel Plc
Booking.com 
Thomas Cook Group Plc
Expedia Group Inc
British Airways Plc

UK Online Advertising Market:
Online Advertising Agencies in UK
Split An Atom
Absolute Digital
Crowd
Bulldog Digital Media
Soap Media

Online Advertising Platforms in UK
Google
Facebook
Instagram
YouTube
LinkedIn

UK Online Entertainment Market
UK Online Movie Ticket Booking Market:
Odeon Cinema
Showcase Cinema
Reel Cinema
Cineworld Cinema
Vue Cinema

UK Online Video Streaming Market:
Netflix
Amazon Prime Video
NowTV
Disney Life

UK Online Music Streaming Market:
Spotify
Amazon Prime Music           
Apple Music
Amazon Music Unlimited Standalone

UK Online Gambling Market:
Bet 365
Paddy Power Betfair
Landbrokes  Coral
William Hills
888 Holdings

Key Topics Covered in the Report
UK E-Commerce Industry Overview
UK Online Retail Market
Market Overview and Genesis
Business Models in UK Online Retail Market
U.K. Online Retail Market Size, 2013-2018
UK Online Retail Market Segmentation, 2013-2018
Government Regulations in the U.K. Online Retail Market
Growth Drivers of U.K. Online Retail Market
Trends and Developments in U.K. Online Retail Market
Issues and Challenges in UK Online Retail Market
Competitive Landscape in U.K. Online Retail Market
Company Profiles of Major NBO Companies (Amazon.com Inc, EBay Inc, Tesco plc, J. Sainsbury Plc and John Lewis Partnership plc) Operating in UK Online Retail Market
U.K. Online Retail Market Future Outlook and Projections, 2018-2025F
Failure Case Study
Impact of Brexit on Online Retailers in UK
Analyst Recommendations

UK Online Travel Market
Market Overview and Genesis
Business Models in UK Online Travel Market
U.K. Online Travel Market Size, 2013-2018
UK Online Travel Market Segmentation, 2013-2018
Competitive Landscape in U.K. Online Travel Market
Company Profiles of Major Players (TUI Group, Booking Holding Inc, Thomas Cook Group Plc, Expedia Group Inc and British Airways Plc ) Operating in UK Online Travel Market
U.K. Online Travel Market Future Outlook and Projections, 2018-2025F
Success Case Study in UK Online Travel Market
Impact of Brexit on Travel Industry In UK
Analyst Recommendations

UK Online Advertising Market
Market Overview and Genesis
Value Chain Analysis in UK Online Advertising Market
U.K. Online Advertising Market Size, 2013-2018
UK Online Advertising Market Segmentation, 2013 & 2018
Competitive Landscape in U.K. Online Advertising Market
Customer Profiles
Company Profiles of Online Advertising Agencies (Split an Atom, Absolute Digital Media, Crowd, Bulldog Digital Media and Soap Media) Operating in UK Online Advertising Market
Profiles of Online Advertising Platforms (Google UK, Facebook UK, YouTube UK, Instagram UK and Linkedin UK) Operating in UK Online Advertising Market
U.K. Online Advertising Market Future Outlook and Projections, 2018-2025F
UK Online Advertising Market Segmentation, 2018-2025F
Success Case Study in UK Online Advertising Market
Impact of Brexit on Online Advertising Industry In UK
Analyst Recommendations

UK Online Movie Ticket Booking Market
Market Overview and Genesis
U.K. Online Movie Ticket Booking Market Size, 2013-2018
UK Online Movie Ticket Booking Market Segmentation, 2013 & 2018
Competitive Landscape of U.K. Online Movie Ticket Booking Market
Company Profiles of Online Movie Ticket Booking Companies
U.K. Online Movie Ticket Booking Market Future Outlook and Projections, 2018-2025F
Impact of Brexit On Online Movie Ticket Booking Industry In UK
Analyst Recommendations

UK Video Streaming Market
Market Overview and Genesis
Business Models in UK Video Streaming Market
U.K. Video Streaming Market Size, 2013-2018
UK Video Streaming Market Segmentation, 2018
Competitive Landscape in UK Video Streaming Market
Company Profiles of Subscription Based Video Streaming Companies
U.K. Video Streaming Market Future Outlook and Projections, 2018-2025F
Analyst Recommendations

UK Music Streaming Market
Market Overview and Genesis
Business Models in UK Music Streaming Market
U.K. Music Streaming Market Size, 2013-2018
UK Music Streaming Market Segmentation, 2018
Competitive Landscape in UK Music Streaming Market
Company Profiles of Subscription Based Music Streaming Companies
U.K. Music Streaming Market Future Outlook and Projections, 2018-2025F
Analyst Recommendations

UK Online Gambling Market
Market Overview and Genesis
U.K. Online Gambling Market Size, 2013-2018
UK Online Gambling Market Segmentation, 2018
Competitive Landscape in UK Online Gambling Market
Company Profiles of Major Online Gambling Companies
U.K. Online Gambling Market Future Outlook and Projections, 2018-2025F
Impact of Brexit on Online Gambling Market In UK
Analyst Recommendations

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

Growth in Demand from Paint Industry Expected to Drive Global Cobalt Carbonate (CAS 513-79-1) Market: Ken Research

Cobalt carbonate is an inorganic mineral or compound, also known as spherocobaltite. It is the derivative of the cobalt carbonyl and several other salts. It acts as an anti-caking agent and helps in the metabolism of the human body. It is insoluble in cold and hot water but soluble in acids. It is used as a dietary supplement, as a plating chemical or substance, and as a cathode material in batteries. It is also used in animal feeds as inorganic metal salts which may be deficient in the minerals and elements necessary for healthy development & growth, so by adding cobalt carbonate to livestock’s feeds can assistance the correct amount of vitamin needed to keep the animals developing normally or healthy. It is a vital material for jet engines and gas turbines in the aerospace industry. It is used in batteries, catalysts, alloys, tool materials, pigments, magnets, and soaps among others. It is very helpful in providing required vitamins to livestock and therefore it is used in their feeds. The extensive scope of applications of cobalt carbonate makes it a preferred product in the market. The key features are included enhanced shelf life, precisely processed, and convenience in mixing with other compounds.

According to study, “Global Cobalt Carbonate (CAS 513-79-1) Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global cobalt carbonate (CAS 513-79-1) market are Zhangjiagang Huayi Chemical, Ganzhou Tengyuan Cobalt Industrial, Cixi Feilan Non-ferrous Metals, Galico Cobalt & Nickel Material, Tirupati Industries, Zhejiang Huangyan Jiangkou Chemical, Jyoti Dye-Chem, Huanghua Jinhua Addtives, Jiangxi Tungsten Industry.

Based on type, cobalt carbonate (CAS 513-79-1) market is segmented into CO% > 45% and CO% ≤ 47%. Based on source type, market is segmented into synthetic and natural. Based on product type, market is segmented into dry powder and wet solid. Dry powder segment is expected to exhibit substantial growth rate owing to increase in demand from paints industry during the forecast period. Based on application, market is segmented into paint pigments, intermediates, agriculture chemicals, paint additives, and coating additives. In addition, based in end-use industry, market is segmented into automotive industry, chemical industry, paint industry, agriculture industry, aerospace industry, pharmaceutical industry and food industry.

The cobalt carbonate (CAS 513-79-1) market is driven by rise in use in paints & pigments, followed by rise in production of gas turbines & jet engines in aerospace manufacturing, rapid urbanization and increase in usage in the manufacturing of agriculture chemicals. However, high costs of cobalt carbonate may impact the market.

Based on geography, cobalt carbonate (CAS 513-79-1) market is segmented into five major regions including North America, Asia-Pacific, Europe, Latin America and Middle East & Africa region. The Asian-Pacific region holds major share in market owing to rise in industrialization, growth in product demand from developing countries and increase in per capita income in the region. Whereas, the European and North-American regions are estimated to witness higher growth rate due to growth in consumption of cobalt carbonate in the automotive industry over the forecast period.

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Rise in Demand from Pharmaceutical Industries Expected to Drive Global Dihydropyridine Market: Ken Research


Dihydropyridine or DHP is arterial-specific vasodilators of peripheral resistance arteries that causes generalized vasodilation, including the intestinal, renal, cerebral, and coronary vascular beds. It is often called calcium-channel agonists and calcium-channel activators. It is particularly well known in pharmacology as L-type calcium channel blockers, which is used in the treatment of hypertension. It has high vascular selectivity thus it is primarily employed to control the vascular resistance and arterial pressure. It includes various drugs such as Cilnidipine, Amlodipine (Norvasc), Felodipine (Plendil), Verapamil (Calan, Isoptin, Covera, Verelan), Nicardipine (Cardene), Nisoldipine, Diltiazem (Cardizem, Tiazac, Dilacor), Isradipine, Nifedipine (Procardia, Adalat) and others. All these drugs are very easy to identify as its drug names end with ‘pine’. These drugs cause noteworthy dilation of blood vessels & relatively little effect on the heart muscle or heart rate. They are most beneficial for treating hypertension. Amlodipine drug holds major share in market owing to rise in preference by the physician or consultant towards amlodipine over the other drugs. Common side effects of dihydropyridine group of calcium channel blockers include dizziness, flushing, headache, and foot & ankle swelling. The most common side effect of both diltiazem and verapamil is constipation, which can occur in up to 25 percentage of people treated with these drugs.

According to study, “Global Dihydropyridine Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global dihydropyridine market are Shenzhen Simeiquan Biotechnology Co. Ltd., Weifang Union Biochemistry Co., Ltd., Boc Sciences, Yuyao Tuqiang Chemical Co., Ltd., Angene International Limited, Skyrun Industrial Co., Ltd., Triveni Chemicals, Haihang Industry Co., Ltd., Neostar United Industrial Co., Ltd.

Based on type, dihydropyridine market is segmented into purity 98%, purity 99% and other. Based on distribution channel, market is segmented into retail pharmacies, hospitals and others. Based on treatment, market is segmented into hypertension, anti-obesity, angina pectoris, pregnancy, and others. Hypertension often referred as an elevated blood pressure, which is one of the major causes associated with heart diseases. In addition, based on application, market is segmented into veterinary drugs, pharmaceutical and others.

The dihydropyridine market is driven by growth in expansion of the pharmaceutical industry, followed by easy availability of drugs at low cost and increase in research & development (R&D) activities related to cardiovascular diseases. However, side-effects associated with dihydropyridine such as headache etc. may impact the market. Moreover, rise in percentage of the obese population is a key opportunity for market.

Based on geography, the North-American region dominates the dihydropyridine market owing to rise in concern over diseases related to obesity and increase in the geriatric population in the region. Whereas, the European and Asian-Pacific regions are expected to exhibit substantial growth rate due to change in lifestyle and rise in obesity among the young population leads to hypertension or anxiety disorders over the forecast period. In upcoming years, it is predicted that future of the market will be bright on account of growth in demand from pharmaceutical industry during the forecast period.

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

Rise in Demand from Pharmaceutical Industries Anticipated to Drive Global Cysteine Market over the Forecast Period: Ken Research

Cysteine is a sulfur containing amino acid that derives its uniqueness from chemically reactive hydroxyl group. It provides stability to proteins through building disulfide bridges. It is primarily obtained from feathers. Feathers are heated with hydrochloric acid to obtain cysteine.  It is also extracted from bristles, human hair and hooves of swine. It has the similar structure as that of serine, but with one of its oxygen-atom is substituted by sulfur. It is mainly used in the production of cysteine derivatives S-(carboxymethyl)-L-cysteine and N-acetyl-L-cysteine in the pharmaceutical industry. It is also employed as processing supplementary for refolding genetically engineered protein active molecules, such as it is used in the production of human insulin. Additionally, it is used as anti-aging agent in the cosmetic industry. Cysteine has various applications for instance it is used in the production of flavors, used for flouting up the disulfide bonds in the hair’s keratin, also in the field of personal care.

According to study, “Global Cysteine Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global cysteine market are Ajinomoto North America Inc., Donboo Amino Acid Co. Ltd, CJ Haide, Merck KGaA, Nippon Rika Industries Corporation, Ningbo Zhenhai Haide Biochem Co. Ltd, Shine Star (Hubei) Biological Engineering Co. Ltd., Wuhan Grand Hoyo Co. Ltd, Wacker Chemie AG, Wuxi Bikang Bioengineering Co. Ltd.

Based on production process, cysteine market is segmented into synthetic process and natural process. Based on grade type, market is segmented into tech grade, food grade and pharma grade. Based on application, market is segmented into anti-aging agent, flavor enhancer, conditioner, reducing agent and others.  In addition, based on end-use industries, market is segmented into cosmetic industry, food & dietary supplement industry, and pharmaceutical industry. In the food & dietary supplement industry segment, it is used as an intermediate for process flavorings. It is mainly used in meat flavorings and roast aromas.

The cysteine market is driven by rise in demand from the bakery industries, followed by increase in spending power, growth in population, rise in the consumption of meat, growth in industrialization, increase in awareness about health and rise in demand from pharmaceutical industries. However, harmful effects of cysteine on human body and rise in concerns related to animal-sourced cysteine may impact the market. Moreover, high growth potential in emerging economies is a key opportunity for market.

Based on geography, the Asian-Pacific region holds major share in cysteine market owing to growth in economy and rise in consumption of products in the region. Whereas, the North-American and European regions are predictable to witness higher growth rate due to rise in demand for dough conditioning application along with other applications over the forecast period. In upcoming years, it is estimated that future of the market will be bright as a result of growth in improvement in health standards of the customers and rise in expansions by the key players during the forecast period.

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Ankur Gupta, Head Marketing & Communications
+91-9015378249