Vietnam Agricultural Machinery Market, Vietnam Agricultural Machinery Industry: Ken Research

How is the Vietnam Agricultural Equipment Market Positioned?

Overview: Mechanization levels in Vietnam have increased considerably over the period 2014-2020. Soil preparation and harvesting for all the major cops in the country are more mechanized now compared to 2014. Mechanization levels are expected to incline further over the next few years and reach a benchmark level by the year 2030. Mekong Delta and Red River Delta are the most mechanized areas of the country as of 2020.

Vietnam imports majority of machinery and equipment for agriculture, mainly from China, Japan, and Korea. The competitiveness of domestic machines is also low because the cost is higher than imported products. Also, due to lack of solid basis in metallurgy, the domestic players are not able to provide the same quality as that of Japanese and Korean players.

Market: Market for agricultural machinery in Vietnam has enhanced by a CAGR of ~% over the period 2014-2020. Sales for new Combine Harvesters, Transplanters, Tractors and implements were recorded at ~ in Vietnam during 2020. Sales revenue amounted to VND~ million in 2020.

Increasing demand for food, reduction in post harvest losses, shortage of labour, extreme climatic conditions and signing of free trade agreement with various countries are the main reasons behind positive growth in agricultural machinery revenue. However, the agriculture in the country is constantly affected by drought and salt water intrusion which hampers the growth of this market.

Vietnam Agricultural Machinery Market Segmentation

By Product Type: Tractors market dominated the agricultural equipment industry in Vietnam in 2020 on the basis of value and volume. This is majorly due the fact that their use is not limited to agriculture and can be used for transport of agri-produce as well.

Tractor Market By Type: Majority of the market is dominated by 2 wheel tractors in terms of volume, majorly due to their low price. However 4 wheel tractors with lower HP are replacing the hand tractors.

Tractor Market By Power: The market for agricultural tractors has witnessed a gradual change over the period 2014-2020. Use of tractors 12 HP or below has declined over the period 2014-2020 while use of larger tractors has increased during this period. Tractors of power between 12 HP to 35 HP has accounted for the largest share.

By Region of Tractor Sales: Demand for 2W tractor was observed to be highest in Northern Midlands and Mountains. Red River Delta experienced decline in demand due to increasing fragmentation of land in the region which inhibits farmers to purchase new equipments.

Combine Harvester Market By Region: Mekong Delta has the highest number of Combine Harvester owing to higher land holding farm size. Other regions prefer to rent a combine harvester owing to its high price.

Rice Transplanter Market By Region: Mekong Delta has the highest number of Rice Transplanters owing to higher land holding farm size.

Implements Market By Type: Demand for tractor implements is complimentary to the sale of 2W & 4W tractors since majority of farmers procure implements along with tractors. Rotavator & Ploughs are the most preferred and demanded tractor implement as they help in seedbed preparation and ploughing of land.

Competition Scenario In Vietnam Agricultural Equipment Market

The Vietnam agricultural equipment market is concentrated among top 2 major manufacturers (Kubota and Yanmar) accounting for ~% of the sales volume for 4W Tractors, ~% of the sales volume for 2W Tractors, ~% for Combine Harvesters and ~% for Rice Transplanters in 2020. Both domestic as well as foreign companies have entered the market over the past five years to tap the potential in this sector. These players compete on parameters Product Portfolio, Distribution Network, Pricing, Discounts, and Geographical Location, value Added Services, Collaborations & Partnerships and After Sales Service.

Vietnam Agricultural Machinery Market Future Outlook and Projections

The agricultural machinery market in Vietnam is expected to grow at a CAGR of ~% on the basis of revenue and ~% on the basis of volume over the forecast period 2020-2025. However, the growth was slightly constrained in the year 2020due to the COVID-19 pandemic. This is likely to effect the growth in the year 2021 as well. Market has been anticipated to pick up from 2022 and growth significantly over the period 2022-2025. Companies are expected to focus on wider distribution network including expansion to northern midland and mountains and invest in research and development to come up with innovative products. The forecast period is also expected to witness collaboration or acquisitions among foreign and domestic players in the industry.

Key Segments Covered:-

By Product Type

Tractors (2W and 4W)

Combine Harvesters

Rice Transplanter

Implements

By Tractor Segment

Upto 12 Hp

Between 12-35 Hp

Above 35 Hp

By Region of Sales

Mekong Delta

Red River Delta

Northern Midlands and Mountains

North Central and Central Coast

Central Highlands

South East

By Implement Segment

Rotavator

Plough

Harrow

Fertilizer Spreaders

Others

Companies Covered:-

Kubota Vietnam

Yanmar Vietnam

VEAM (Vietnam Engine and Agricultural Machinery Corporation)

Thaco (LS Mtron)

Key Target Audience:-

Agricultural Equipment Companies

New Market Entrants- Domestic OEMs

New Market Entrants- Foreign OEMs

Agricultural Equipment Financing Companies

Government Bodies

Investors & Venture Capital Firms

Agricultural Equipment Manufacturers

Agricultural Equipment Distributors

Agricultural Equipment Associations

Time Period Captured in the Report:-

Historical Period – 2014-2020

Forecast Period – 2021-2025

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

Vietnam Agricultural Machinery Market

Related Reports:-

Thailand Agricultural Machinery Market Outlook to 2025 – Agriculture Tractor Market (By Type: 2W and 4W Tractors, By Power: 8HP-15HP, 20HP-35HP, 36HP-47HP, 48HP-75HP, 75HP-100HP, 100HP-120HP and Above 120HP), Combine Harvester Market (By Power: 70HP & Below, 75HP-105HP and Above 105HP), By Rice Transplanters (By Rows: 4Row, 6Row and 8Row), Agriculture Implements Market

Philippines Agricultural Equipment Market Outlook to 2023- By Product Type (Tractors, Combine Harvesters, Planters, Seeders and Tillage Equipments and Tillage Equipment), By Tractor Segment (Upto 60 Hp, Between 61-130 Hp and above 130 Hp), By Production (Imported and Domestically Manufactured) and By Region (Luzon, Visayas and Mindanao)

Europe Agriculture Equipment Market Outlook to 2023 - By Type (Tractors, Harvesting Equipment, Soil Preparation and Cultivation Equipment, Haymaking Equipment, Crop Protection Equipment, Transport and Handling Equipments and Other Agricultural Equipment); and By Major Countries (Germany, France, Italy, UK, Poland, Spain and Others)

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

Rise in Outbreak of Airborne Diseases Expected to Drive Global Masks Market: Ken Research

 Mask is an object generally worn on the face, for protection, performance, disguise, or entertainment. They prevent the spread of infection between the diseased and healthy population. Mask market comprises of the revenue generated by the company’s manufacturing the surgical face masks and N95 respirators by the sale of these products. Surgical masks are loose fitting, generally disposable devices which are frequently used in the healthcare settings for protecting doctors and other medical staff from the risk of infections.  These surgical masks are single-use items and are disposed after being used once. N95 respirator mask is defined as personalized protective respiratory device that protects from the airborne and liquid contamination. N95 masks are largely used in the industrial or healthcare sector, to protect workers from a variety of respiratory and airborne diseases. N95 type masks are designed to filter at least 95% of airborne particles.

As per study, “Masks (N95 Respirators and Other Surgical Masks) Global Market Report 2020-30: Covid 19 Implications and Growth” the key companies operating in the global masks market include Smith and Nephew, 3M Company, Molnlycke Healthcare, Johnson and Johnson, Medline Industries, DUKAL Corporation, DYNAREX, Key Surgical, CM, Winner, ZHONGT,  CK-Tech, Pitta Mask, Piaoan, Ammex, Gofresh, Tianyushu, Rimei among others. Key manufacturers are focusing attention on the aural effects of disposable surgical masks, since this aspect of masks is typically ignored by many manufacturers. In order to avoid the supply shocks, manufacturers should review care patterns of individuals at high risk of Corona-Virus (COVID-19) such as those with existing respiratory diseases.

Based on type, masks market is bifurcated as common grade surgical mask, N95 respirator and others (comfort masks/dust masks). Surgical mask, also known as medical mask, procedure mask, or face mask, is intended mainly for healthcare professionals during surgeries and medical procedures. These masks are primarily designed to protect the wearer to contract the infections. Additionally, N95 masks or respirators offer better protection against the particulate matter and airborne bacteria & viruses. In addition, based on end-user, market is bifurcated as industrial, individual, hospitals & clinics and others.

The masks market is driven by increase in efficiency in the prevention of hospital-acquired infections (HAIs), followed by growth in geriatric population, rise of online pharmacies, surge in epidemic or pandemic outbreaks and growth in improvement of healthcare infrastructure & services. However, increase in trend of noninvasive & robot-assisted surgeries and rise in concerns toward disposal may impact the market. Moreover, growth in technology integration is a key opportunity for market. Furthermore, rise in shift towards disposable devices in developed countries is a major trend for market.

Based on geography, the Asia-Pacific is a leading region in global masks market owing to high air pollution levels coupled with impact of the COVID-19 pandemic across the region. The Europe and North-America regions are estimated to witness higher growth rated due to high importance of cleanliness and increase inn number of surgical procedures over the forecast period. It is expected that future of the global masks market will be optimistic on account of increase in the number of people suffering from respiratory diseases during the forecast period.

For More Information, Click on the Link Below:-

Global Masks Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Evolving Cyber Threat Ecosystem and Increased Focus on Cybersecurity by SMEs will lead to growth in Information Security Ecosystem in Vietnam: Ken Research

The COVID-19 situation aggravated the vulnerability of the country to cyber threats as a lot of employees accessed malicious links while operating in remote working situations.

Organizations and public enterprises have increased their investment in information security systems on the back of increased awareness towards the importance of data security. Companies are also expected to increase the appointment of IT professionals in dedicated cybersecurity roles.

Frequent cloud migration is also expected to improve the demand for services such as Cloud Security, as organizations look to secure their servers and databases.

Advanced Cybersecurity Solutions expected to gain prominence- With the threat of new and sophisticated cyber threats expected to go up in the future, advanced solutions such as Security Investigation and Event Management, Security Orchestration, Automation, and Response and Security Operations Center will be gaining more adoption in the future.

Vietnam’s Improving Position in Global Cyberspace: A strong local product infrastructure, regulatory infrastructure in place and a high demand from end users would be pushing Vietnam’s place in global cybersecurity rankings and improving the country’s position in global geo-politics as well. Currently ranking at 50 in ITU’s Global Cybersecurity Rankings 2018, Vietnam aims to enter the group of top 40 countries by 2025 and the top 30 countries by 2030. The Ministry of Information and Communications in the country issued the national digital transformation program to achieve the goal.

Consolidated Solutions expected to gain popularity: With a large segment of the end user enterprises and SMEs sourcing cybersecurity solutions from 10+ companies and receiving lot of threats alerts, the ecosystem would adapt towards including a consolidated product solution encompassing threat detection, analysis, response and mitigation. Hence, companies would focus upon developing consolidated solutions in the future.

Analysts at Ken Research in their latest publication “Vietnam Cybersecurity Market Outlook to 2025 By Solution Source (Foreign/Imported Solutions and Domestic Solutions), By End User (Banking and Finance, Government/Public Sector, Aerospace & Defense, IT & Telecom, Retail & E-Commerce, Healthcare and others), By Solution type (Standalone Products, Managed Security Services and Professional Services), By Standalone Product Type (Firewall, Antivirus, End Point Security, IPS/IPD, SIEM,  Security Gateways and Others), By Managed Security Services Type (SOC, Network Security, Application Security, Email Security, Cloud Security, Mobile Security, Content Security and Others), By Professional Services Type (Penetration Testing, Security Audit, Cybersecurity Consulting, Security Training and Others)” observed that Vietnam is destined to improve its position in the global cybersecurity infrastructure rankings, in the future. The government has put in place a strong institutional framework to regulate threats, manage information security operations and promote local collaboration in the field of information security. Technology enhancement will also impact the market growth positively in the future. Market revenues are expected to register a CAGR of 16.9% during the period of 2019 to 2025.

Key Segments Covered:-

By Solution Source (Foreign/Imported Solutions and Domestic Solutions).

By End User (Banking and Finance, Government/Public Sector, Aerospace & Defense, IT & Telecom, Retail & E-Commerce, Healthcare and others).

By Solution type (Standalone Products, Managed Security Services and Professional Services).

By Standalone Product Type (Firewall, Antivirus, End Point Security, IPS/IPD, SIEM, Security Gateways and Others).

By Managed Security Services Type (SOC, Network Security, Application Security, Email Security, Cloud Security, Mobile Security, Content Security and Others).

By Professional Services Type (Penetration Testing, Security Audit, Cybersecurity Consulting, Security Training and Others.

Companies Covered:-

Viettel Cyber Security

FPT Information System

CyStack

CMC Cybersecurity

Bkav

Fortinet

KasperSky

Juniper Networks

Cisco

Check Point

Trend Micro

Key Target Audience:-

Cybersecurity companies

Banks, Healthcare companies, Retail Companies, E-commerce Platforms, Government Departments

Government Associations

Industry Associations

Time Period Captured in the Report:-

Historical Period: 2014-2019

Forecast Period: 2020-2025

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

Vietnam Cybersecurity Market

Related Reports:-

Philippines Electronic Security Market Outlook to 2024-Emergence of Technology Integrated Electronic System and Growth in Infrastructure Projects

Europe Cyber Security Industry Outlook to 2023 - By Solutions (Firewall, Intrusion detection system, Antivirus, Identity and Access Management, Encryption, Data Loss Prevention, UTM, Disaster Recovery and Others (IoT Devices), By Industry Verticals (Banking & Finance, Government, IT & Telecom, Retail, Healthcare, Energy & Power, Private User and Others), By Security Deployed (Network Security, Application Security, End-Point Security, Mobile Security, Content Security and Cloud Security)

Middle East Cyber Security Market Outlook to 2022 - By Solutions (Firewall, Intrusion Detection System, Antivirus, Identity and Access Management, Encryption, Data Loss Prevention, Unidentified Threat Management, Disaster Recovery) and By Region

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Growth in Deployment of Micro-Grids Expected to Drive Global Lead Acid Batteries Market: Ken Research

 Lead acid battery is the oldest sort of battery-powered battery, with an extremely low energy-to-weight ratio & a low energy-to-volume ratio. Its capacity to supply high surge currents implies that the cells have a generally large power-to-weight ratio. Lead-acid batteries are extensively used in many applications including motive, automotive and stationary applications. They are broadly used owing to cranking property of the battery that offers the power with short span. Nowadays, lead acid batteries are also used for diverse applications in various end-use industries such as telecommunication and uninterruptible power supply (UPS). These batteries are generally segmented into wet cells or flooded batteries and Sealed Acid Batteries (SLA). Among these, the flooded cells segment is expected to witness higher growth rate due to least cost per amp-hour make and cost-efficient solution that makes these flooded cells useful in igniting & lighting in the automotive industry.

Referring to the study, “Lead Acid Batteries Global Market Report 2020-30: Covid 19 Impact and Recovery” some of the major organizations that are currently working in the global lead acid batteries market include EnerSys; Exide Industries; GS Yuasa; Chaowei Power; Crown Battery; NorthStar; Hitachi Chemical; Narada Power; Panasonic; Camel Power; HBL Power Systems; Exide Technologies; Teledyne Technologies; HOPPECKE; C&D Technologies; East Penn; Hankook AltasBX; Rolls Battery; Johnson controls; Yokohama Industries; Clarios; XUPAI Battery; Okaya Power; First National Battery; Leoch International Technology; Harbin Coslight Power; Exide technologies; Enersys; Amara Raja Power System

On the basis of battery type, lead acid batteries market is defined by motive and stationary. Additionally, on the basis of end-user, market is defined by industrial, residential, commercial and transportation.

The lead acid batteries market is driven by surge in research & development (R&D) activities in the automotive lead-acid battery industry, followed by rise in demand for uninterruptible power source (UPS) systems & vehicles, growth in deployment of micro-grids, growth in construction of data centers, execution of hybrid power systems in telecom towers, increase in government initiatives for electric vehicles and surge in demand from the automotive, power, telecom, and healthcare industries in emerging economies. However, strict lead emission standards may impact the market. Moreover, growth in applications in a vehicles & technological advancements in lead acid battery is a key opportunity for market. Furthermore, rise in legislative support for battery recycling is a major trend for market.

Based on regional analysis, the Asia-Pacific region holds major share in global lead acid batteries market due to development of e-mobility projects in most major nations, large gap in supply-production of electricity, continuous increase in demand for a reliable source of energy and lack of grid infrastructure across the region. The Europe and North-America regions are likely to witness higher CAGR owing to rise in need for alternative energy source over the forecast period. It is anticipated that future of the global lead acid batteries market will be optimistic because of growth in adoption of lead-acid batteries in electric vehicles coupled with increase in government initiatives to promote the electric vehicles during the forecast period.

For More Information, Click on the Link Below:-

Global Lead Acid Batteries Industry

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Global Lead-Acid Battery (Lead-Acid Batteries) Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Global Lead-Acid Battery (Lead-Acid Batteries) Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Increasing Online Shoppers Coupled with Growing Middle Class Population has Stimulated Growth in Philippines E-Commerce Logistics Market: Ken Research

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Rising Government Support: Recognizing the importance of e-commerce for the Philippines economy, the country’s Department of Trade and Industry (DTI) has developed the Philippines E-Commerce Roadmap 2016-2020. Its primary goal is to get online business activities to account for 25% of the country’s GDP by 2020, up from 10% in 2015. The government is committed to seeing through this roadmap and has made headway especially in the areas of:

• Infrastructure - improving Internet access, eGovernment systems, eBanking, ePayment, tax systems, consumer protection, and logistics
• Investments - supporting and promoting opportunities such as foreign direct investment and capital flows
• Innovation - helping digital startups enter the commercial market

Continued Dominance of Cash-Based Transactions: One of the reasons behind the relatively slow uptake of e-commerce in the country in the past few years is the continued dominance of cash-based transactions. According to the Philippines’ central bank, cash accounted for 99% of all local transactions as of January 2018. In addition, with the Philippines being an archipelago of more than 7,600 islands, logistics naturally presents a challenge you will have to prepare for when serving customers in this country. Consumers living in the sprawling capital of Metro Manila enjoy access to huge shopping malls, flagship brick-and-mortar stores, and even quick delivery from large marketplaces like Lazada and Shopee. Moreover, the Philippines have one of the slowest and most expensive internet connections in Southeast Asia. 87% of Filipino merchants sell products on social media. Facebook also drives traffic and engagement on Lazada, Shopee, and Zalora.

Impact of COVID-19 on the Philippines E-Commerce Logistics Market: COVID-19 has positively impacted the growth of the e-commerce market in the Philippines. Lockdowns and quarantines have reduced people's mobility, with traffic plunging by as much as 80% in the Philippines. Lockdowns have increased online consumer activity, with the sector’s top players witnessing an increase of more than 2 to 3 million visits a month on apps and websites. E-commerce platform Lazada, Alibaba’s most high-profile and costliest investment outside China, had 30.74 million visits per month in the 2nd quarter of 2020, an increase of 3.98 million visits from the 1st Qtr of this year which saw 26.76 million visits per month. Fashion e-commerce sites have taken the biggest hit region-wide as clothing and apparel become less of a priority while people are staying home. However, visits to sites selling electronics goods, however, have increased by 59% in 3^rd Qtr of 2020. The Philippines is known to survive with cash-based transactions and brick-and-mortar stores, but perhaps the rising trend of online shopping in the country due to Covid-19 will allow the country’s digital world to catch up to its more developed Southeast Asian neighbors. This trend will see e-commerce players to continue to grow and present potential opportunities for emerging local merchants.

Analysts at Ken Research in their latest publication “Philippines E-Commerce Logistics Market Outlook to 2025 - Driven by Growth in Internet Penetration along with Introduction of New Age Technologies by Logistics Players” observed that the e-commerce and e-commerce logistics market in the Philippines has a great potential to grow supported by emerging e-commerce players in the country. The covid-19 outbreak has further accentuated the growth of the market by shifting major retailers to online platforms for sustenance in the market. Philippines E-Commerce Logistics Market is expected to grow at a CAGR of 29.0% on the basis of a number of shipments delivered over the forecast period 2020-2025.

Key Segments Covered: -

By Channel

3PL Players

E-Commerce Merchants

By Type of Shipments

Domestic Shipments

International Shipments

By Area of Delivery

Intercity

Intracity

By Mode

Air Shipments

Ground Shipments

By Delivery Period

Same Day Delivery

1-2 Day Delivery

3-4 Day Delivery

More than 4 Day Delivery

By Type of Products

Consumer Electronics & Media

Fashion & Accessories

Foods & Personal Care

Home Care & Furniture

Toys & Baby Products

Others (Video Games, Digital Music, Pet Care, Home Gardening, etc.)

By Payment Mode

Cash on Delivery

Credit Cards

Others (Debit Cards, Paypal, GPay, SMART Money, etc.)

Captive and 3PL E-Commerce Warehousing

Warehousing Concentration in Philippines

E-Commerce Logistics Companies Covered

LEL Express

J&T Express

NinjaVan

Lalamove

Entrego

GoGo Xpress

LBC Express

Shopee Xpress

2GO Express

Air21

JRS Express

E-Commerce Marketplace Platform Covered

Lazada

Shopee

Zalora

Key Target Audience

3PL Logistics Companies

Integrated Logistics Companies

E-Commerce Marketplace Platform

Retail Companies

Logistics/Supply Chain Industry Associations

Time Period Captured in the Report:-

Historical Period – 2019-2020

Forecast Period – 2020-2025

Key Topics Covered in the Report: -

Philippines E-Commerce Market Overview

Cross Comparison- Major E-Commerce Players in Philippines

Philippines E-Commerce Logistics Market Overview

Cost Component for Philippines E-commerce Logistics Industry

Philippines E-Commerce Logistics Market Size

Philippines E-Commerce Logistics Market Segmentation 2020

Philippines E-Commerce Warehousing Landscape

Philippines E-Commerce Warehousing Clusters

Philippines E-Commerce Warehousing Rentals

Philippines E-Commerce Warehousing Cost Analysis

Philippines E-Commerce Shipments Pricing Analysis

Philippines E-Commerce Logistics Market Growth Drivers

Philippines E-Commerce Logistics Market Trends & Developments

Philippines E-Commerce Logistics Market Government Role and Initiatives

Philippines E-Commerce Logistics Market Logistics Constraints

Philippines E-Commerce Logistics Market SWOT Analysis

Competitive Landscape of Philippines E-Commerce Logistics Market

Philippines E-Commerce Logistics Market Cross Comparison

Philippines E-Commerce Logistics Market Pricing Analysis

Future Market Size and Segmentations, 2020-2025F

Covid-19 Impact on Philippines E-Commerce Logistics Market

Analyst Recommendations

Case Studies

For More Information On the Research Report, Refer to the Below Link: -

Philippines E-Commerce Logistics Market

Related Report by Ken Research: -

India E-Commerce Logistics Market Outlook to 2025-Driven by Changing Shopping Patterns and Increasing Demand of Fast Delivery Services

Competition Benchmarking of Top Logistics Players in Indonesia in Transportation, Warehousing, Cold Chain, 3PL, Express, E-Commerce, Automotive, Pharma and Retail Logistics

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

Global Printing Market | Global Printing Industry | Global Printing Market Research Report: Ken Research

 Printing is the process for reproducing images and texts. It is often carried out as a wide-scale industrial process, and is a vital part of publishing & transaction printing. The printing market is categorized into various types: publication printing, commercial printing, industrial printing and packaging printing. Publication printing includes book printing, newspaper printing, magazine printing and high volume work in the specific market. Commercial printers generally print huge range of products from stationery to brochures, magazines and catalogs. Industrial printing includes printing on the panels, textiles, wallpaper and floor tiles. Functional or decorative printing on products like dashboards, watches are also come in this category. Packaging printers specialize in the printing all kinds of packaging for instance cartons, bags, tags, cans and labels.

As per study, “Printing Global Market Report 2020-30: Covid 19 Impact and Recovery” the key companies operating in the global printing market include World Color Press Inc, Quad/Graphics Inc, Deluxe Corporation, Elite Flyers, Consolidated Graphics Inc.

Based on type, printing market is segmented as commercial screen printing, commercial printing (except screen & books) and books printing. Commercial printing includes promotional products, advertising, security, transactional mail and others. In addition, based on technology, market is segmented as rotogravure printing, flexography printing, offset printing, digital printing and others. Rotogravure is also known as gravure, a technique in which an image is fixed into a printing cylinder. Gravure is utilized for high volume work for instance magazines, newspapers and packaging. In flexography flexible printing plate is used that extends the range of substrates that can be printed on. Flexography is primarily used for packaging and labels and also to a lesser amount for newspapers. Moreover, numerous different printing technologies like inkjet and xerography are frequently referred to as digital printing. Digital printing offer new possibilities including variable data printing, in which every printed copy is different from the previous one.

The printing market is driven by widespread use of high-quality printed packaging material for advertising & branding, followed by growth in advertising needs of enterprises and steady demand for physical hardbound books. However, continuous change in technology, lack of awareness among consumers and acceptance of tablets, PCs, smart-phones, and others may impact the market. Moreover, increase in number of new market entrants in this industry is a key opportunity for market. Furthermore, use of digital inkjet printer and rise in adoption of cloud-based printing technologies are major trends for market. Increase in use of digital inkjet printer is on the rise in this market owing to its faster printing rate as compared to the traditional printers.

Based on regional analysis, global printing market is segmented into North-America, Asia-Pacific, Europe and rest of the world. The Asian-Pacific region is a prevalent region in global market owing to rise in demand for promotional materials from the retail and food & beverage industries across the region. The Europe and North-America regions are anticipated to witness higher growth rate due to extensive technological proliferation over the forecast period.

For More Information, Click on the Link Below:-

Global Printing Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Global Telecom Service Assurance Market Outlook: Ken Research

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The Telecom Service Assurance (TSA) is the procedure by which unchanging policies and procedures are obligatory to safeguard the quality of service for subscribers.  The Telecom service assurance decreases the perils of maintenance. The service assurance practice supports CSPs to detect network faults and fix such issues in an appropriate manner to decrease service downtime. In order to proactively perceive, diagnose and address service quality degradations or system failures before subscribers are impacted, the procedure demands the policies and processes.  Telecom service assurance supports the management of dynamic digital resources in the value chain and enables the collection of information from the other systems and congregated networks obtaining the IT infrastructure, cable access domains, and fixed-mobile operators.

According to the report analysis, ‘Telecom Service Assurance: Market Segments: By Solution (Products and Services); By Operator Type (Fixed Operator and Mobile Operator); By Deployment Mode (On-Premises and Cloud); By Organization Size (Large Enterprises and SMEs); and Region – Global Analysis of Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030’ states that the effective augment in the telecom service assurance market share is owing to the effective growth in mobile subscriber base worldwide. An augment in the usage of smartphones leads to incredible growth in wireless data traffic, and there is a demand for telecom service assurance solutions to maintain this increased traffic volume. Also, exponential growth in the global internet protocol (IP) traffic and cloud traffic, and growing complexities in the communication network ecosystem by the Internet of Things (IoT) and 5G technologies are projected to suggest the huge market opportunities for telecom service assurance (TSA) vendors during the coming years.

Telecom service assurance has augmented both the service provider and the service user's resourcefulness. By managing and advancing the quality of service, TSA has majorly developed the consumer experience. Strong convenience and reach, multilingual approach, sound clarity, and no call drop are some foremost advantages that have developed the flexibility and feasibility for the consumers. Due to such factors, the telecom service assurance market is propelled speedily.

Not only has this, but the efficient increase in demand for 5G services in the future is also a foremost reason for the growth in several regions, comprising India, China, and Indonesia. The significant growth in population and progressive augment in living standards have spurred the region's requirement for telecom service assurance. The implementation of telecom service assurance has decreased the maintenance cost and alteration cost to communication service providers (CSPs). Automating the business processes with effective end-to-end event treating taking into account resource, service, and customer perspectives has promoted the telecom service provider to eradicate the labor cost. An augment in the number of cellular/ mobile subscribers is projected to be a major growing force for the growth of the industry, along with apprehension over data privacy. Therefore, in the near years, it is predicted that the market of telecom service assurance will increase around the globe more positively over the forthcoming years.

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

Global Telecom Service Assurance Market Growth Rate

Related Report: -

Global Telecom Service Assurance 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

Entry of International Bakeries along with increasing Westernized Cultures and Growth in Consumer spending has fuelled the market growth: Ken Research

Technical innovation in bakery equipment to result in efficient delivery of a variety of artisanal baked products at scale.

Change in Demographics: Millennial and Gen Z generations (~34 Million, accounting for 35% of the population of Vietnam) are more exploratory and prefer convenient, ready-to-eat sweet dishes such as pastries, cakes and puddings.

Proliferation of Food Tech Apps: Online food delivery apps such as Now, Grab and Goviet is convenient for consumers and creates opportunities for many restaurants, small eateries and housewives to offer bakery products to consumers.

Small Indulgences: Smaller portion sizes are an ideal way to convert special occasion products like cakes and puddings into everyday indulgences combined with the convenience of on-the-go packages. Smaller or single serve primary packaging products saw increasing demand and remained more popular and common in puddings than large or family sized formats.

Seasonal Fluctuations: In-store bakery sales typically peak at the holiday seasons such as Tet, as the demand for cakes, puddings and other specialty desserts experiences triple-digit lifts versus off-peak, everyday item sales. Players usually have to bear the loss during the off-peak season.

Availability of Pudding Mix/Pudding Powders: The availability of instant pudding mix and pudding powders in supermarkets, groceries and other retail shops are causing threat to modern bakery stores. Value-conscious customers are gravitating towards the offerings of supermarkets for buying instant pudding mix while consumers concerned with health and quality are increasingly purchasing high-margin products from artisanal bakeries.

The report titled “Vietnam Pudding Market Outlook to 2025F – Driven by Robust Population of Millennial Consumers along with Proliferation of Food Tech Apps” by Ken Research suggested that the pudding market is further expected to grow in the near future owing to increase in consumer spending and  ease of availability.  Presence of numerous small and large bakeries competing in terms of prices and variants along with the introduction of healthy variants are increasing the sales. The market is expected to register a positive six year CAGR of 6.0% in terms of revenue during the forecast period 2020-2025F.

Key Segments Covered in Vietnam Pudding Market:-

By Distribution Channel

Standalone Sops (Bakery/Confectionery)

Online

HORECA’s

By Tier 1 and Tier 2 Cities Sales

Tier 1 Cities

Tier 2 Cities

Key Target Audience:-

Pudding Manufacturers

Pudding Mix Manufacturers

Consultancy Companies

Bakeries/Confectioneries

Hotels and Restaurants

Time Period Captured in the Report:-

Historical Period: 2015-2020

Forecast Period: 2020–2025

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

Vietnam Pudding Market

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