Monday, January 25, 2021

Prominent Development In Trends Of Saudi Arabia Automotive And Spare Parts Logistics Market Outlook: Ken Research

Overview

The Automotive and spare parts logistics is the administration of the movement of parts or products that are necessitated by dissimilar producers from one domicile to another. The worldwide automotive spare parts logistics market is projected to enlarge owing to an augment in vehicle production around the globe. The Spare parts logistics service encompasses storage, post-production, and modifications comprising the technical conditions and/or pre-delivery inspections, which contain of several tests that are carried out beforehand delivery of automotive parts to the consumer. Finished vehicles are acknowledged by a precise number that is delivered by the vehicle manufacturer, which would support to recognize the parts location.

Whereas, in April 2016, Saudi Arabia proclaimed its Vision 2030 which comprises transforming the Kingdom into a favored logistics hub. Great investments in road infrastructure under Saudi Vision 2030, a 680 Km Saudi-Oman thoroughfare and the UAE-Saudi Mafraq-Ghuwaifat International Highway underway. Although, the government of Saudi Arabia is running on fresh multi-mode logistic stations and two newfangled railway lines to linkage GCC regions across the east & Yanbu-Jeddah across the west.

Major influencers of the automotive and spare parts logistics market

The effective augment in the vehicle registrations in both underdeveloped and developed countries coupled with prearranged warehousing activities of automotive is influencing the automotive and spare parts logistics market. Prominent growth in third-party logistics service vendors, which are offering integrated warehousing solutions comprising order entry system and warehouse management system, is predicted to boost the logistics industry. Enhancement in technology, comprising voice picking system and RFID, are probable to further foster the automotive and spare parts logistics market.

Saudi Arabia Automotive & Spare Parts Freight Forwarding Market

Freight forwarder bargains an assortment of services depending on their size, number of personnel, and number of branches. Growing auto exports to other Gulf countries & East African countries comprising Sudan, Libya, Djibouti and several others is motivating the requirement. Saudi Arabia launched fresh logistics zone during 2019 which is open to private investors across the Red Sea port city of Jeddah therefore, expanding the economy away from oil and generating more jobs for local Saudis. Road was witnessed as the most prominent freight mode across Saudi Arabia for automotive and spare parts logistics, followed by sea and air during the year 2019.

Moreover, the domestic freight had intervening share due to outsized association of vehicles & spare parts from the ports to the towns inside in KSA. Foremost export destinations of automotive & spare parts comprised GCC countries such as Bahrain, Jordan, the UAE and several others.

Growth is predicted to be majorly underwritten by economic & industrial activities linked with logistics services such as transportation of goods & warehousing. The KSA government focuses to aggressively propel and position 50 islands and 100 miles of Red Sea as a worldwide tourist destination. The amplification of Red Sea passage across Jeddah, minerals hub around the Yanbu, King Abdullah port and NEOM predict are also anticipated to inspire freight forwarding industry.

Comparative Scenario in Saudi Arabia Automotive & Spare Parts Logistics Market

Competition was witnessed to be exceedingly fragmented across both freight forwarding and warehousing sector along with the existence of both international and domestic players. Nevertheless, the local / domestic players have a greaterexistence in the market and were witnessed to compete on the basis of foremost clientele, revenue matrix, logistics networking, average pricing, technological improvement and value added services.

Saudi Arabia Automotive & Spare Parts Logistics Market Future Viewpoint and Predictions

The automotive and spare parts logistics is projected to witness negative growth during 2020, owing to lockdown measures, restriction on several businesses and ban on transportation in the preliminary phase. Requirement revival for the logistics services is projected to take close to 10-12 months, before the Industry will get back to customary levels. The government is scheduling to pump investment into economic regions and other industrial projects to boom up the logistics and transportation centers. KSA government is greatly encouraging the integration of multi-modal hubs around the country. FDI within logistics infrastructure improvement, constructing regional & international logistics service centers and developing the proficiency of trade routes can collectively support the region in fetching a hub over long term.

Key Segments Covered in KSA Automotive & Spare Parts Logistics Market:-

By Service Mix

Freight Forwarding

Warehousing

Value Added Services

KSA Automotive & Spare Parts Freight Forwarding Market:-

By Mode of Freight

Road Freight

Air Freight

Sea Freight

By Type of Transport

Domestic Freight

International Freight

By 3PL & Integrated Logistics

3PL Logistics

Integrated Logistics

By Cost Split

Last Mile

First Mile

By Automotive Segment

Vehicles

Spare Parts

By Sea Flow Corridors

Sudan

GCC

Egypt

Others

By Air Flow Corridors

Sudan

Egypt

Kuwait

Libya

Oman

UAE

Others

By Road Flow Corridors

Bahrain

Jordan

Lebanon

UAE

Kuwait

Oman

Others

KSA Automotive & Spare Parts Warehousing Market:-

By Business Model

Industrial / Retail

Container Freight / Inland Container Depots

By Cities

Jeddah

Riyadh

Dammam

Others

By Type of Warehouse

Closed Warehouse

Open Warehouse

Key Target Audience:-

International Domestic Freight Forwarders

Warehousing Companies

Logistics Companies

Logistics Consultants

Automotive OEMs

Automotive Dealers/Distributors

Spare Parts Manufacturers

Spare Parts Dealers/Distributor

Time Period Captured in the Report:-

Historical Period: 2014-2019

Forecast Period: 2019–2025

Companies Covered:-

Oriental Commercial & Shipping Co.

Hala Shipping Services

Gulf System

Uniworld Logistics

Abdui Global

NTF Logistics

Four Winds

KWE Transport

Glaube Logistics

Al Rashed Transport

Arabian Transport Co.

SITCO Logistics

Takhzeen Logistics

Kanoo Terminal

Agility Logistics

Al Khodari Sons & LV Shipping & Logistics Co.

BAFCO International

Wolf Transport

Almajdouie Logistics

GAC Logistics

JAS Logistics

Platinum Logistics

Kerry Logistics

Namma Cargo

Al Jabri Transport

Automotive & Spare Parts Companies Covered:-

Audi

Mercedes

Isuzu motors

Nissan

Kia Motors

Toyota

Hyundai

Mazda

General Motors

Mitsubishi

Ford

Changan

For More Information on the research report, refer to below link:-

Saudi Arabia Automotive & Spare Parts Logistics Market

Related Reports:-

Saudi Arabia Dry Logistics and Warehousing Market Outlook to 2025 – Warehousing Automation and Investment within Transport Infrastructure to Drive Market Revenue)

Philippines Logistics Market Outlook to 2024 (Sixth Edition)– By Sea, Land, and Air Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Agriculture), By End Users; By Cold chain market (Cold transportation and Cold storages)

UAE Logistics and Warehousing Market Outlook to 2025 – By Road , Sea and Air Freight Forwarding; Domestic and International Freight, Major Flow Corridors, Integrated and Contract Freight Forwarding; By Warehousing (Industrial / Retail, CFS / Inland Container Depot & Cold Storage, Agriculture), End Users (Manufacturing, Retail, Food and Beverage, Automotive, Oil and Gas, Healthcare), Type of Warehouses; By Courier Express & Parcel Market , and, E-commerce Logistics

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

Covid-19 Impact On Global Peptic Ulcer Drugs Market: Ken Research

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Gastrointestinal conditions such as gastritis, gastric ulcers, and duodenal ulcers or gastroesophageal reflux disease (GERD) are denoted as peptic ulcers. Drugs utilized to cure peptic ulcers comprise the drugs that deduct the secretion of gastric ulcers, such as antagonists of the PPI and H2 receptors, and acid neutralization agents such as antacids and antibiotics against H. Pylori. Such medications, however, are also utilized in conjunction with efficacious treatment.

According to the report analysis, ‘COVID-19 Impact on Global Peptic Ulcer Drugs Market by Disease Indication (Gastric Ulcers, Duodenal Ulcers, and Esophageal Ulcers); By Application (Hospital Pharmacies, Drug Stores, Retail Stores and Online Sales) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030’ states that the worldwide Peptic Ulcer Drugs Market the size was accounted at USD 4.9 billion during 2019 and is projected to reach USD 6.8 billion by 2030, accounting a CAGR of 3.17 % from 2020 to 2030. The prominent increase in the prevalence of peptic ulcers, growing the implementation of peptic ulcer drugs over surgery, interesting R&D through government policies, snowballing the number of generic producers of peptic ulcer drugs, enhancements in disease management, etc., are factors influencing the growth of the worldwide peptic ulcer market. Also, aspects such as the augmented prevalence of stress-induced ulcers owing to changing lifestyle and diet augmented smoking rates and broadminded geriatric population is anticipated to facilitate the enlargement of the worldwide market for peptic ulcer drugs.


In addition, the worldwide pandemic COVID-19 has become worldwide stress, not just for human lives, but also for industries around different industry verticals. The COVID-19 syndrome has infected numerous million people around the globe, with an augmenting number of active cases daily, the duration of the pandemic is still problematic to predict. Owing to the ongoing COVID-19 pandemic-an acute respiratory suffering syndrome triggered by the original coronavirus-the most unparalleled organizational and economic difficulties have arisen. Also, a substantial amount of time is required to establish and market efficacious treatment choices for this new COVID-19 pathogen. During the coming quarters of 2020 and 2021, such amalgamated difficulties of infection transmission and treatment are projected to delay the diagnosis and treatment of GI syndrome.

Decreases physician and hospital visits owing to prioritization of COVID-19 care for non-indispensable health issues would limit market development. Owing to the availability of COVID-19 vaccines, the market for peptic ulcer medications is projected to rebound to pre-pandemic market demand during 2021. This will characterize the COVID-19 pandemic in terms of recuperating developed and emerging regions. Also, local governments arrange healthcare services to meet the complications of COVID-19, which is also predicted to slow the pace of the requirement for peptic ulcer medications in the short term.

Moreover, the foremost driving aspects for the drug market for peptic ulcers are stress, ulcers caused by medications, growing incidence of H.Pyrroli infection, enhancements in food, augmentin cancer, usage of tobacco, and alcohol. Patent expiry, a reasonably good treatment regimen of proton pump inhibitors, H.Pyrolli resistance, severe market fragmentation in several businesses, and wide generic dissemination are constraining aspects in this market.

For More Information on the Research Report, refer to the below links: -

Global Peptic Ulcer Drugs Market Analysis

Related Report:-

Global Anti-Peptic Ulcer Drugs Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Effective Growth in Trends of Oral Biologics Biosimilars Market Outlook: Ken Research

 The oral biologics and biosimilar market contain of sales of oral biologics and biosimilar products and associated services utilized to treat chronic syndromes such as diabetes, arthritis, cancer. Biologics are drugs completed from living cells using exceedingly complex technology while biosimilars are generated to function similarly to biologics but are not matching to biologics. Biosimilars offer energetic properties as any licensed biologic drug. The oral biologics and biosimilar market encompass of biologics and biosimilar drugs taken orally for the besieged treatment of Alzheimer's, numerous sclerosis, HIV/AIDS and other solemn conditions.


According to the report analysis, ‘Oral Biologics & Biosimilars Market Global Report 2020-30’ states that the worldwide oral biologics & biosimilars market was worth USD 1.15 billion during 2019. It is expected to increase at a compound annual growth rate (CAGR) of 34.31% and reach USD 3.74 billion by 2023. The up-to-date trend in the oral biologics and biosimilar market is the manufacture of new insulin biosimilars. The foremost player’s functioning in the oral biologics and biosimilar market are participating in engendering a biosimilar copy of insulin. This is also ncouraging competition amongst various biosimilar constructors. Following the trend, Mylan, a USA reliant pharmaceuticals company, in partnership with the Biocon launched biosimilar insulin glargine named Semglee, during 2019 across Australia. Biocon is an Indian based biopharmaceutical company. During 2019, Oramed Pharmaceuticals, a Jerusalem based pharmaceutical company improved an oral insulin drug named ORMD-0801 to generate type 2 diabetes. Thus, corporates in the oral biologics and biosimilar market are participating in the trend of improving biosimilar of insulin to gain profit.

While, the stringent regulations imposed on authorization of biosimilar is projected to hinder the growth of oral biologics and biosimilar market in the review period. The governments of dissimilar regions impose different rules concerning the production and usage of biologics and biosimilars. Further, problems such as patent infringement or agreement issues limit the manufacturers of biologics and biosimilars from commercializing the government-approved biosimilars. The US Food and Drug Administration demands a double regulatory approval for biosimilars, limiting the usage of biosimilars as an interchangeable drug to biologics whereas, across Europe, the European Medicines Agency (EMA) supports biosimilars as interchangeable products for biologics. During February 2019, out of the total 17 approved biosimilars only 7 biosimilars involving 4 originating biologics could enter the US commercial market. The robust government policies for authorization of such drugs impact the producers in oral biologics and biosimilar market.

In addition, the rising predominance of chronic diseases such as arthritis, asthma, cancer is expected to be a foremost driver of the oral biologics and biosimilar market. Long working hours, restricted physical activity, insalubrious eating and drinking habits contribute to the commonness of chronic diseases and biologics are gradually used to treat these chronic syndromes. Biologics stimulate the immune system response against the cancer cells thus supporting the immune system to disregard the cancer cells from the body. According to a United Nations article, by 2030 the proportion of worldwide deaths owing to chronic diseases is probable to augment to 70% of total deaths. The worldwide burden of chronic disease is probable to reach nearly 60%. Therefore, the augment in the commonness of chronic diseases is projected to boost the requirement for biologics and biosimilars, thus propelling the biologics and biosimilar market.

For More Information, Click on the Link Below:-

Global Oral Biologics and Biosimilars Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Growing Insights Of Romania Agriculture Market Outlook: Ken Research

Romania has an agricultural capability of roughly 14.7 million hectares, of that solely 10 million are utilized as tillable land. In November 2008, an evaluation unconcealed that 6.8 million hectares don’t seem to be used. In 2018 Romania was the third biggest agricultural producer of the EU and created the biggest quantity of maize. The most issues encountered by Romanian agriculturists are a scarcity of major investments in agriculture, owing to problem in accessing on the market funds, fragmentation and erosion of soil, property-related lawsuits and obsolete technology.

According to the analysis, ‘Romania Agriculture Market Trends, Statistics, Growth, and ForecastsThe Romania government has been supportive the agriculture business with a variation of policies, attempting to stabilise the output and seeking ways to confirm the arena is rising healthily and sustainably. The Romania federal government has been extremely compassionate of agriculture for many years, and there’s broad political accord on the requirement for land, labour and tax reform to assist the arena reach its potential. Due to reassuring policies, the agriculture sector’s performance has been up steady within recent years. Romania keeps its initial rank within the world in terms of farming output, manufacturing giant quantities of rice, wheat, cotton, meat, poultry, eggs and fishery product. The new strategy involves a lot of efforts to confirm the provision of key farm product, promoting the supply-side structural reform and, a lot of significantly enhancing environmental protection still as pollution interference and waste treatment. Despite the fast development of Romania’s agriculture sector, issues emerge in reference to a range of aspects, together with the shrinking tillable land, the deteriorating ecological standing of atmosphere owing to the huge utilization of fertilisers and pesticides, and also the issue of food security. There’s in additiona lot of room to enhance in terms of rising the utilization of machinery and advanced technologies within the agriculture sector. The country has created efforts to integrate new agricultural technologies to enhance the sector’s proficiency and increase land productivity. The high expenditures and low-slung profits of agricultural production are the main internal inhibitors of Romania’s agriculture sector. They’re furthermore the first issue limiting the expansion of farmers’ income and resulting in reduction of the labour force in agriculture.

The government has adopted a variety of multi-year policies, like a pledge to double farmer incomes and become self-supporting in pulses over an unspecified short-run amount. However, reform has to go a lot of deeper, expressly considering the very fact that within the years to 2050, agriculture is anticipated to produce livelihoods for regarding half the rural population, even with current urbanisation within the country. Romania has taken economic growth seriously and wishes to feed its whetted desire for food. Romania’s agriculture area delivers livelihoods to households in rural areas. Along with forestry and fisheries, it’s one amongst the biggest contributors to Romania’s GDP. Furthermore, the Romania government has for many years actively supported the agriculture sector through mechanisms like fertilizer subsidies, and relaxed loaning conditions, amongst others, permitting farmers to possess a good estimation of their revenues and arrange for the following agricultural season consequently. Through a network of public establishments and varied programmes and schemes, Romania’s federal and regional authorities are trying to guard agricultural producers and boost production. Thus, it is predicted that the Romania Agriculture Market can increase within approaching years.

For More Information, refer to below link:-

Romania Agriculture Market

Related Report:-

Greece Agriculture Market Trends, Statistics, Growth, and Forecasts

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

Forthcoming Development of Uruguay Agriculture Market Outlook: Ken Research

 Agriculture has continually been of nice importance for Uruguay, as feeding the world’s largest population isn’t a straightforward task. Uruguay's main agricultural product are indigenous cattle meat, whole fresh cow milk, paddy rice, wheat, soybeans, grapes, greasy wool, indigenous chicken meat, indigenous sheep meat, and edible seed. There are 759,000 hectares of organic land in Uruguay and about 500 organic farms operative within the country. Uruguay could be a member of the Cairns cluster of exporters of agricultural product. Uruguay’s agriculture has comparatively low inputs of labour, technology and capital as compared with different countries.


According to the study, ‘Uruguay Agriculture Market Trends, Statistics, Growth, and Forecasts’ The Uruguay government has been supporting the agriculture commerce with a variety of policies, making efforts to stabilise the output and seeking methods in which to confirm the world is growing healthily and sustainably. The Uruguay federal government has been extremely reassuring of agriculture for many years, and there’s broad political accord on the requirement for land, labour and tax reform to assist the world reach its potential. Due to reassuring policies, the agriculture sector’s performance has been up steady within recent years. Uruguay keeps its initial rank within the world in terms of farming output, manufacturing massive quantities of rice, wheat, cotton, meat, poultry, eggs and fishery product. The new strategy concerns additional more efforts to confirm the availability the amount of key farm product, promoting the supply-side structural reform and, additional outstandingly, enhancing environmental protection further as pollution interference and waste treatment. Despite the fast development of Uruguay’s agriculture sector, difficulties emerge in relative to a spread of aspects, together with the shrinking tillable land, the deteriorating ecological status of atmosphere owing to the serious use of fertilisers and pesticides, and also the issue of food security. There’s in additionally a lot of space to boost in terms of accelerating the utilization of machinery and advanced technologies within the agriculture sector.

The country has created efforts to integrate new agricultural technologies to boost the sector’s potency and increase land productivity. The high prices and low profits of agricultural production are the foremost internal inhibitors of Uruguay’s agriculture sector. They’re in addition the first issue proscribing the expansion of farmers’ income and resulting in shrinking of the labour force in agriculture.

The government has adopted a variety of multi-year policies, like a pledge to double farmer incomes and become autonomous in pulses over an unspecified short-range period. However, reform has to go a lot of deeper, specifically considering the actual fact that within the future years, agriculture is anticipated to supply livelihoods for roughly half the rural population, despite in progress urbanisation within the country.

Furthermore, the factors driving the market are the plentiful tillable land and the Uruguay government in addition supporting actively for several years the agriculture sector through mechanisms like fertilizer subsidies, and relaxed disposal conditions, amongst others, permitting farmers to possess a good estimation of their revenues and set up for the consecutive agricultural season consequently. Through a network of public establishments and varied programmes and schemes, Uruguay’s federal and regional authorities are try to shield agricultural producers and boost production.

For More Information, Click on the Link Below:-

Uruguay Agriculture Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Covid-19 Impact On Global Oncology Drugs Market Outlook: Ken Research

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The Oncology is a ground of cancer science and care. Cancer is a sickness in which abnormal cells enlarge and divide uncontrolled. Drugs oncology is accommodating in the support of cancer diagnosis. Tobacco and smoking, infectious syndromes, genetic factors, carcinogens, bacterial infections, physical activity, dietary habits, and age are some of the sources of cancer. Blood cancer, endocrine cancer, prostate cancer, bone cancer, skin cancer, genitourinary cancer, gastrointestinal cancer, breast cancer, eye cancer, head and neck cancer, and gynecological cancer are all discrete forms of cancer that can be canned with oncology medicines.


According to the report analysis,  ‘COVID-19 Impact on Global Oncology Drugs Market By Indication (Lung Cancer, Stomach Cancer, Colorectal Cancer, Breast Cancer, Prostate Cancer, Liver Cancer, Esophagus Cancer, Cervical Cancer, Kidney Cancer, Bladder Cancer and Other Cancers); By Type (Chemotherapy, Targeted Therapy, Immunotherapy and Hormonal Therapy) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030’ states that the worldwide Oncology Drugs Market size was accounted at USD 86.67 billion during 2019 and is projected to reach USD 321.69 billion by 2030, dominating a CAGR of 13.12% from 2020 to 2030. The Technological innovation, augmented occurrence of dissimilar forms of cancers, augmented need for cancer research and development activities, and augmenting the concerns about great cancer death rates are propelling the oncology drug market. Furthermore, the launch of fresh cancer medicines and treatments and government funding for enhancing healthcare conditions are projected to propel the oncology drug market.

Whereas, the worldwide pandemic COVID-19 has become global stress, not just for human survives, but also for industries across different industry verticals. The COVID-19 disease has infected several million individuals globally, with an augmenting number of active cases daily, the duration of the pandemic is still problematic to envisage. The epidemic of COVID-19 has had an encouraging impact internationally on the requirement for oncology drugs. Concerning emergency COVID-19, some customer segments have qualified intensification in an ultimatum for medicines. Amongst the cancer patients in the midst of a lockout, panic purchasing of drugs has been seen. In this sector, the pharmaceutical establishments have dramatically supported their supply chain management, heightened their R&D capabilities, and invested more in their production management and superiority control.

Moreover, owing to increasing cancer awareness around the area and increasing R&D spending, the APAC oncology drug market has great growth potential. In addition, this area delivers tremendous opportunities for venture capitalists and investors, as the recognized markets are comparatively saturated. Also, some other aspects contributing to the growth of the cancer drug market in this location are the augment in disposable income; the augment in research, development, and innovation activities; and the intensification in awareness related to several cancers. Also, the widespread pervasiveness in countries such as Japan of certain cancers, such as stomach cancer, and the attendance of a large geriatric populace are influencing the market growth in this area.

For More Information on the Research Report, refer to the below links: -

Global Oncology Drugs Market Analysis

Related Report:-

Pharmaceutical Drugs Global Market Opportunities And Strategies To 2021 Including Musculoskeletal Disorders Drugs, Cardiovascular Drugs, Oncology Drugs, Anti-Infective Drugs, Metabolic Disorder Drugs, Central Nervous System Drugs, Genito-Urinary Drugs, Respiratory Diseases Drugs, Gastrointestinal Drugs, Hematology Drugs, Dermatology Drugs, Ophthalmology Drugs. Covering: Novartis AG, Sanofi S.A., Pfizer Inc. and Gilead Sciences Inc.

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

In-depth Analysis of the COVID-19 impact on India Career Skilling Industry: Ken Research

COVID-19 pandemic posed a huge threat on the lives & businesses across the globe. Number of cases reached 10.4 Mn in India as a result of this pandemic, making the country one of the most affected among others. In order to reduce the number of cases, government lifted lockdown restrictions in phases while the shutdown of operations took a toll on the country's economy. According to IMF projections, India’s GDP will contract by 10.3% during FY 2020-21, making India one of the biggest hit countries.

Economy Slowdown

The halt in most of the economic activities presented unforeseen outbreak and huge losses across all the major industries especially Logistics, Hospitality, Travel and Tourism. More than 50% companies are not yet fully operational in India and are still working on limited capacity and workforce they have. 10%-20% decline is still anticipated in the revenue for some of the companies in the country. Economic uncertainties like this have forced companies to lower down their costs and consider delaying long-term capital expenditure plans. Majority of the companies have implemented cost containment initiatives, some cancelled planned investments and others have made modifications in their investment plans to overcome the impact of the situation.

COVID-19 outbreak in India and at Global level was a major turning point in Education and Skill Development sector. According to data published by Centre for Monitoring Indian Economy (CMIE), one in four employees in India lost their jobs in just two months of the pandemic i.e. March-April 2020.

The outbreak that resulted in massive layoffs and pay cuts forced many graduates and working professionals in India to utilize the career skilling options and rethink on their career options. Fresh graduates who have just entered the corporate world or are just entering the workforce would need to constantly up-skill themselves as layoffs would be the maximum in their scenario.

Growth across different Ed-Tech Platforms

On the other hand, the pandemic resulted in an exponential growth in Internet usage among Indians. More than 40% of the population used to spend more than two hours a day on the Internet during these lockdown months. The percentage number was even higher among young population as a result of the realization of importance of online education systems and e-learning platforms. Education platforms like BYJU and Vedantu recorded double digit growth rate in terms of users and revenue on these platforms while Skilling platforms like Unacademy recorded 3 times growth in revenue in just one month of the lockdown period.

Growth in GIG Workforce

India is the leading country in the Online Labor Market with 24% share at global level in terms of workforce. 80% working adults believe that freelance work is a viable alternative to full-time employment and would consider taking up freelance work in the near future. Percent of Companies aiming to Hire GIG Workers have also increased in all the sectors as the current pandemic have opened a new GIG workspace as a result of the flexible timings in Work from Home scenario. Freelancing has become the next best opportunity for some of the graduates to enter as many campuses across the country are witnessing job offers being rescinded, specifically in Tier-2 & Tier-3 colleges.

Revival of New Job Opportunities & Sector Growth in India

Employment workforce across all the sectors is anticipated to grow in future, wherein a significant proportion of fresher hiring is estimated to happen across sectors such as FMCG/Retail and Pharma & Healthcare. Initiatives like “Make in India” and several others, increased number of domestic companies across various industry domains resulting in higher number of jobs in the marketing, sales and support, production roles.

The growth in job opportunities will create a high competition among graduates owing to low skill proficiency since finding an employment is still considered a challenge among them as they generally take more than 10 months to find an appropriate or desired job.

Future of Career Skilling Platforms

In the future, the career skilling platforms will foresee intense competition in terms of the optimal course structure in order to increase the number of enrollments or retain existing users. Sectors are also rapidly growing and are in need of professionals with good business aptitude and communications skills, interpersonal skills, basic technical skills and others. First time job seekers on the other hand across different education levels in the country have now understood the complexity & uncertain environment in the job industry and hence are thinking of acquiring new skill sets to make them stand out in the crowd and to increase their success rate to secure job in a post COVID world. Basis all these factors, the professional skilling market is anticipated to grow with a CAGR of 30%-35% on the basis of revenue during the forecast period 2019-2025.

Key Segments Covered:-

Demand Supply Gap (Number of Job Seekers and Jobs Available)

Target Addressable Market

Service Addressable Market

Service Obtainable Market


Online Ed-Tech Market (Revenue)

Higher Education

Professional Skilling

Technical Skills

Soft Skills


By Sectors (Employment Workforce)

IT & ITES

Retail & FMCG

Pharma & Healthcare BFSI

Manufacturing

Automobile

Telecom & Allied

BPO, KPO

Others


Companies Covered:-

Major Companies

Eruditus & Emeritus

NIIT

Simplilearn

Upgrad

Great Learning

Talentedge

Coursera

Jaro Education

Edureka

Hughes Global Education

Talent Sprint

Imarticus Learning

Udacity

Edx

Harappa

Mentorica


Key Target Audience:-

Career Skilling Companies

Professional Skilling Companies

Ed-Tech Companies

Independent Investors

Government Ministries

Industry Associations

Universities

Corporate Training Companies

Venture Capital Firms


For More Information on the research report, refer to below link:-

India Career Skilling Market


Related Reports:-

Working Professional & Ed-Tech/University Paradigm Analysis for Online Up-skilling/Re-Skilling Programs during COVID-19 period


India Ed-Tech Driven Career Programs Market Outlook to 2025 – Increasing Technological Capabilities of Ed-Tech Companies to Increase Program Enrolments and Spend in Future


Australia Executive Education Market Outlook to 2024 –Driven by Rising Popularity of Online Education and Launch of Innovative Programs

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

Great Advancement across Tanzania Agriculture Market Outlook: Ken Research

 Tanzania Agriculture is that the main part of Tanzania's economy. Tanzania had over 44 million hectares of tillable land with solely 33 percent of this quantity in cultivation. Virtually 70 percent of the poor population live in rural areas and most all of them are concerned within the farming sector. Land could be a very important quality in making food security, and among the nine main food crops in Tanzania are maize, sorghum, millet, rice, wheat, beans, cassava, potatoes, and bananas. The agricultural business makes an oversized contribution to the country's exchange earnings, with over US$1 billion in earnings from crop exports.


According to the study, ‘Tanzania Agriculture Market Trends, Statistics, Growth, and Forecasts’ The Tanzania government has been supporting the agriculture production with a quantity of policies, attempting to stabilise the output and seeking ways to make sure the area is rising healthily and sustainably. The Tanzania federal government has been extremely substantiating of agriculture for many years, and there’s broad political agreement on the necessity for land, labour and tax reform to assist the area reach its potential. Due to substantiating policies, the agriculture sector’s performance has been up steady within recent years. Tanzania keeps its original rank within the globe in terms of farming output, manufacturing massive quantities of rice, wheat, cotton, meat, poultry, eggs and fishery product. The new strategy involves a lot of efforts to make sure the provision of key farm merchandise, promoting the supply-side structural reform and, a lot of significantly, and enhancing environmental protection moreover as pollution interference and waste treatment. Despite the speedy development of Tanzania’s agriculture sector, issues emerge in relevance a range of aspects, together with the shrinking tillable land, the deteriorating ecological standing of atmosphere owing to the significant use of fertilisers and pesticides, and also the issue of food security. There’s in addition abundant area to boost in terms of increasing the utilization of machinery and new technologies within the agriculture sector.

The country has created efforts to integrate new agricultural technologies to boost the sector’s effectiveness and increase land productivity. The high prices and low profits of agricultural production are the most important internal inhibitors of Tanzania’s agriculture sector. They’re in addition the first issue obstructing the expansion of farmers’ income and resulting in shrinking of the labour force in agriculture.

The government has adopted a variety of multi-year policies, like a pledge to double farmer incomes and become self-sufficing in pulses over an unspecified short amount. However, reform has to go abundant deeper, particularly considering the actual fact that within the years to 2050, agriculture is predicted to supply livelihoods for regarding half the rural population, despite in progress urbanisation in the country.

The Tanzania government has for many years actively supported the agriculture sector through mechanisms like fertilizer subsidies, and relaxed disposition conditions, amongst others, permitting farmers to possess a good estimation of their revenues and set up for the future agricultural season consequently. Through a network of public establishments and numerous programmes and schemes, Tanzania’s federal and regional authorities are attempting to guard agricultural producers and boost production. Thus, it is expected that the Tanzania Agriculture Market can increase within upcoming years.

For More Information, Click on the Link Below:-

Tanzania Agriculture Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

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Friday, January 22, 2021

Global Municipal Firefighting Trucks Market Outlook: Ken Research

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The fire truck's primary role encompasses bringing firefighters to an emergency scene to smother the fire with water or with any chemical conformation. Moreover, they are remunerated by government agencies for medical emergency care and liberation operations. The Material innovation and technological improvements in the field of fire appliances and linked equipment have decreased the rate of fatality in accidents involving fire. Also, owing to the continuous technical improvement in the field, the department's requirement to continue upgrading their equipment and apparatus. As a result, the guidelines and regulations obligatory by organizations such as the National Fire Protection Association (NFPA) across the United States and the National Association of Fire Equipment around India are constantly being corrected.

According to the report analysis, ‘COVID-19 Impact on Global Municipal Firefighting Trucks Market: By Application(Residential Use, Commercial Use and Others); By Product Type(Pumper Trucks, Aerial Platform Trucks, Rescue Trucks and Others) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030’ states that the Fire trucks' requirement is increasing owing to the implementation of up-to-date and advanced technology, product modernization, and the usage of the new digital technologies and groundbreaking equipment that will support improve the fire truck's performance, power, and superiority. The growth of the market is projected to increase the requirement for fire protection among underdeveloped countries and the requirement for advanced firefighting equipment. Also, growing safety standards across the globe are projected to support requirements.


Moreover, the worldwide pandemic COVID-19 has become worldwide stress, not just for human lives, but also for industries crosswise different industry verticals. The COVID-19 disease has diseased several million people universally, with an accumulative number of active cases daily, the extent of the pandemic is still problematic to predict. The mandate for fire trucks should assume some relief because of the mitigation steps being taken by changed government bodies across regions. For example, with the Pandemic Emergency Obtaining Program, the European Union is lending sustenance to the automotive sector, which supports companies to buy commercial papers as well as sovereign bonds from commercial merchants along with member states while continuing their liquidity intact within the finance system. Furthermore, the EU has also unperturbed its strict automotive-related regulations and can develop the scale of any asset acquisition over a longer era of time.

Although, with the employment of contingency schemes and financial institutions gradually coming up with relief strategies, bearing in mind the effects of COVID-19 The fire truck industry will make a durable comeback. Despite the pandemic surge, growing awareness about fire protection and associated resources is also functioning in favor of the fire truck industry.

Whereas, the countries in the APAC region are, nonetheless, manufacturing hubs for many foremost players worldwide. Also, the growing need for advanced security infrastructure in residential buildings and industrial multiplexes is projected to increase market requirements. The fire trucks market across the MENA region is principally characterized by usage in applications such as corporates, manufacturing, airports, and the military. The European fire trucks are small in size and compact qualified to the trucks used around the United States. This can be owing to the existence of several narrow lanes inside European cities, as opposed to outsized roads found across the United States. Moreover, the infrastructure development in underdeveloped countries has led regulatory bodies to announce strict codes and standards to decrease infrastructure damage and losses that are estimated to accelerate market growth.

For More Information on the Research Report, refer to below links: -

Global Municipal Firefighting Trucks Market Analysis

Related Report:-

Global Municipal Firefighting Trucks Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Qatar Retail Restaurant Industry Outlook to 2025: Ken Research

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Industry Overview

60% a young population, 85% ex-pat population (led by Asian countries), and 2.1Mn tourist arrivals in 2019 position Qatar as a vibrant country among its GCC peers. Hence, Demographics skewed towards the young urban population; prefer the convenience of dining out against cooking at home frequently.

The Restaurant Sector In Qatar was earlier dominated by franchised American concepts is witnessing the development of several home-grown concepts driven by companies such as Food Service Company and more. The sector has flourished due to the presence of a variety of outlets in the country that serve cuisines from all across the world to all customer segments. Qatar Retail Restaurant Industry has decreased at a CAGR of 0.4% on the basis of revenue and a CAGR of 1.9% on the basis of the number of retail outlets over the period 2014-2020. The negative CAGR represents the impact of COVID-19 on the industry in 2020 but the market is expected to revive in the coming 1-2 years owing to FIFA World cup 2022. Major growth drivers of the Industry are largely young and urban population, rising disposable income of people, heavy tourist traffic, Construction of Malls, Purpose Built Entertainment Facilities and ongoing sporting events in the country.

Qatar Retail Restaurant Industry Segmentation

By Type of Outlet: Cafeterias accounted for the largest number of Restaurants with Casual Dining Outlets generated the largest revenue share. Fine Dining Restaurants earns Highest Profit Margin serving Clients with Authentic Cuisine, ambiance & Food Quality.  Casual Dining Outlets are the most preferred place for family outings serving Multi-cuisine Food & Decent Atmosphere. QSRs and Cafeterias are being extremely popular due to the presence of international Brand Franchise & New Home Grown Brands in Qatar.


By Geographical Location: The restaurants in Qatar are majorly concentrated in parts of Al Rayyan, Doha, Al Gharafa, Dafna, West Bay, Pearl Qatar, and more. Most Number of the outlets that are concentrated in Al Gharafa and Dafna/ West bay, Pearl Qatar earns higher revenue than other areas. Some of the Popular Outlets are Diet House, Coffee Time, Pool Grill, and Hwang & More.

By Franchise & Non-Franchise: The majority of Revenues in Qatar held by the Retail restaurant Industry is from Non-Franchised Outlets/ Standalone Outlets in Qatar. Cafes & Cafeterias account for the largest share in Franchised Outlets & Casual Dining in Non- Franchised Outlets basis Count in 2020.

Competition Overview

The retail Restaurant Industry is quite fragmented and No First-mover Advantage is evident in any type of Outlets in Restaurant Industry in Qatar. In this space, More than 2,000 Restaurants are competing basis multi-cuisines, end-user dedicated services, great ambiance & quality food, and more. The worth of Mouth has played an important role in expanding many outlets in Qatar such as The Cheesecake Factory, Asha’s, Volume Cafe. Moreover, Franchised American Brands such as Fat Burger, Starbucks is extremely popular, and many Qatari Groups such as Food Service Company is developing new In-house Restaurant Chains/ Brands.

Future Growth

The Retail Restaurant The industry is expected to flourish in Qatar with rising income levels and per capita expenditure levels of consumers. It is expected to witness a CAGR of 6.9% in terms of revenue during the forecast period 2020-2025F. The government as well as supporting the industry under Qatar National Vision 2030 to encourage local companies to expand into regional and international markets. Moreover, FWC the event in 2022 will allow ample opportunity for incumbents to increase the utilization rate of existing restaurants and develop more Cafes, Casual/Fine Dining, and QSRs near the newly opened stadiums and Malls especially designed for the FIFA World Cup in Qatar.

Key Target Audience: -

Restaurant Chains, Hotel Chains

Food Aggregators

Catering Companies, Real Estate Companies

Potential Market Entrants

Time Period Captured in the Report:

Historical Period – 2014-2020

Forecast Period – 2020-2025F

Companies Mentioned:

Casual Dining Outlets-

Asha’s

Biella

The Noodle House

The Cheesecake Factory

Yasmine Palace

Caravan Bukhara

Burj Al Hamam

Melenzane

Layali

Neo

L’wzaar Sea Food

PF Chang’s

Vapiano

Fine Dining Outlets-

La Mar

La Spiga

Hakkasan

Isaan

Nusr-Et

Market by Jean Georges

Cafes-

CAF

Starbucks

Volume Cafe

Café Vergnano

Rosemary Cafe

Coffee Beans and Tea leaf

Caribou Cafe

QSRs/Burger Chains-

Subah W Masa

Zaatar W Zeit

Elevation Burger

Fat Burger

McDonalds

KFC

Sandwich Factory

Five Guys

Hotel Chains

W Hotel

Intercontinental Doha

Wyndham Grand Regency Doha

Double Tree by Hilton

Ritz-Carlton Doha

Key Topics Covered in the Report: -

Socio-Demographic Outlook of Qatar

Snapshot on Food & Beverage Industry

Retail Restaurant Services Industry in Qatar (Market Size and Segmentation)

Competitive Landscape of Firms (Operational Performance, Financial Performance, Company Profiles)

Challenges and risk to the Retail Restaurants

Operating Model of Casual Dining Outlet in Qatar

Regulations and Certifications applicable to industry

For More Information on the research report, refer to the below link: -

Future Growth of Retail Restaurant Services Industry in Qatar

Related Reports by Ken Research: -

Qatar Catering Services Industry Outlook to 2024 (Third Edition) – Analyzing potential of incumbents to host World Cup 2022

Qatar Catering Services Market Outlook to 2022 - By Event Catering, Industrial, Education, Flight, Healthcare, Corporate and Other Catering

Saudi Arabia Canned Food Market Outlook to 2022 - by Product Categories (Canned Dairy, Canned Meat, Canned Fish, Canned Cooking Sauces, Canned Legumes and Beans and Canned Fruits and Vegetables), by Distribution Channels (Bakalas, Hypermarkets, Supermarkets, Others), by Regional Sales (Riyadh, Jeddah, Mecca-Medina, Dammam and Others), by End User (Hotels, Restaurants and Catering Companies, Fast Food Outlets and Retail Consumers)

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