UAE Car Rental Market Size 2021 Upcoming Trends, Covid-19 Impact Industry Growth, Demand and Forecast Research Report to 2027: Ken Research

Car rental refers to renting cars for short periods of time, usually from a few hours to a few weeks, through car rental companies or car rental companies. The car rental market is usually organized with various local branches of the car rental companies, and these agencies are primarily located near airports & busy urban areas and also allow online & offline reservations.

The car rental and leasing industry in the United Arab Emirates, which has become an international commercial and tourist destination in recent years, will continue to grow and significantly increase the growth of the car rental and leasing industry. Despite the elevated level of car-ownership in the UAE, the car rental & leasing industry is primarily driven by leisure and business tourism. The UAE tourism sector has grown rapidly in recent years. Numerous buyers are also in favor of renting / leasing a car rather than owning one, so greater interest is expected from car rental companies in expanding their vehicle fleets. Increasing use of smartphones, growing adoption of car rental management software, and increasing preference of online booking of cars due to various purposes such as cashless transactions and e-signing contracts is expected to provide productive growth opportunities for car rental providers working in the industry.

According to study, “The UAE Car Rental, Leasing and Limousine Market Outlook to 2025 (Second Edition) - Driven by Reviving Tourism, altered Customer Preference from Public Transport to Personal Cars owing to Covid-19” renowned companies that are presently working in the UAE car rental market include Nirvana Travel and Tourism, Thrifty Rent a Car, Massar Car Rental, Hertz, Budget Rent a Car, Diamondlease, Fast Rent a Car, Leaseplan, Europcar, Diamondlease, AutoRent, Avis Limousine, National Transport, Dubai Taxi Corporation, German Limousine, Sharjah Roads and Transport Authority, Royal Falcon Limousine, Dubai Exotic Limousine, Transguard Limousine, Cityway Limousine, Elite Class Limousine Services, Insaf Limousine, Avis Limousine, Global Wings Limousine, Onak Limousine, Private Limousine, Hot Wheels Limo, Niceway Limousine and among others. Players are very focused on upgrading the size of their fleet to meet the growing demand. Therefore, the supply gap offers good opportunities for the players. Technology is also used to improve the consumer experience. These include the use of GPS, advanced music systems, and device connection. This paves the way for remarkable growth in the global car rental market over the forecast period.

Based on types of car, market can be segregated as standard car, premium car, large-sized car and ultra luxury car. Based on business type, market can be segregated as event business and non-event business. Based on source of payment, market can be segregated as corporate payments and direct from corporate. Based on duration of rental, market can be segregated as 0 to 1 month, 1 to 6 month and 6 to 12 month. In addition, based on purpose of limousine, market can be segregated as corporate and leisure.

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Increase in number of tourists, followed by lower cost of travel, rise in trend towards electric car rentals, rise in demand from the local markets, growth in digitalization, increase in preference for short-term rentals, growth in number of inbound & domestic travelers and reducing oil prices & lower per capita income are some major factors, which are responsible for growth of the market. However, various regulatory challenges and maintenance & repair work challenges may impact the market.

The UAE Car Rental Market is heavily influenced by tourists and office businesses. With the growing popularity of a technology-based platform and the introduction of new customer-centric services, the government is offering initiatives to promote the market. In addition, with the emergent economy in the United Arab Emirates, car-rental companies on high demand, car rentals have become even more accessible & sustainable. Rising populations, especially in larger cities, are leading to a lack of space, and rising fuel prices and taxes have drawn people to sustainability. Eco-friendly or environment friendly vehicles like electric vehicles (EVs) are being adopted as the UAE car rental market is moving towards the eco-friendly solutions.

Dubai is largest market for car rental & leasing services in the county. In addition, Abu Dhabi is focused on dropping its oil dependency. This is expected to expand the business environment and attract new business travelers, which will boost the car rental and leasing market. It is predicted that future of the market will be bright as a result of increase in consumer preference over luxury & hybrid vehicles with advanced technology during the forecast period.

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UAE Car Rental Market Research Report

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Global Bisphenols S Market Growth Rate, Size, Share, Trends and Forecast 2027

 

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Bisphenols are synthetic/artificial organic chemicals family, generally used in the production of polycarbonate-type plastics & epoxy resins as well as developers for thermal papers. There are various types of bisphenols. Bisphenols A (BPA) and Bisphenols S (BPS) are most commonly used Bisphenols. Both BPS and BPA are regulated, but the use of BPA is generally restricted in lots of countries because of extensive research. As a result, manufacturers have increasingly started to replace BPA with BPS. BPS is a special type of organic compound, which is considered a better alternative to BPA because it has been scientifically/logically proven to be less harmful. The key advantage of BPS is that it is less acidic as compared to the BPA. As the awareness of this product increases, the supply of the product is in excess compared to the generated demand.

BPS product has various applications as polymer modifiers, flame retardants, heat sensitive developers, thermosetting resins, water soluble resins and also for the production of different intermediates. Most of the demand for BPS is usually generated by heat-sensitive developers that are used in the manufacture of thermal paper caused by increase in online shopping and consumption in labeling in the food and beverage industry, which is consequently driving the market of bisphemols S. Additionally, BPS is also used for packaging of baby bottles, lining of canned food & drinks, dental implants, plastic containers, helmets, plastic bowls and mobile phones. BPS is also gaining momentum owing to its use as an additive in brake fluid and as a sealing material.

As per analysis, “Global Bisphenols S Market, 2021-2027” the key companies operating in the global Bisphenols S market include Nantong Botao Chemical Co., Ltd., Chung Hwa Chemical Industrial Works, Ltd. (CHCIW), Zhangjiagang Gangda New Material Technology Co., Ltd., BASF SE, Haining Huangshan Chemical Industry Co., Ltd., Nisso Metallochemical Co., Ltd., Jiangsu Aolunda High Tech. Industry Co., Ltd., Dharamsi Morarji Chemical Company Limited (DMCC), Chongqing Qiutian Chemical Co., Ltd., Jiangyin Changsheng Chemical Industry Limited Company, Volant-Chem Corp., Konishi Chemical Ind., Co., Ltd., Nicca Chemical Co., Ltd., Solvay S.A., Dafeng Huada Chemical Co., Ltd, Nantong Baisheng Chemical Co., Ltd. and among others. Leading manufacturers use BPS as an intermediary in the sulphone polymers to accommodate to the growing demand for thermoplastics from aerospace, automobile, and electronics sectors.

The demand for BPS in the European market has recently increased exponentially as the health hazards from bisphenol increase; environmental authorities in Europe gradually impose a ban on the consumption of BPA. In North America region, BPS is listed as an indirect food additive for use as a monomer in the production of polyethersulfone resins. The Asia-Pacific BPS market is anticipated to grow at a high growth rate as the region has emerged as a hub of polymers, plastics and electronics manufacturing during the forecast period.  It is projected that future of the global Bisphenols S market will be bright as a result of rise in consumer demand and growth in industrialization during the forecast period.

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Global Bisphenols S Market Growth Rate 2021-2027

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Growth in Adoption of Advanced Surgical Techniques Expected to Drive Global Cerebral Embolic Protection Devices Market: Ken Research

Cerebral embolic protection devices (CEPD) reduce the risk of strokes after Tran catheter aortic valve replacement (TAVR). These devices are designed to prevent debris from the intervention from getting into the cerebral vessels. These devices are generally developed to reduce the risk of Cerebrovascular accident (CVA) & silent emboli. They have been revealed to be effective in filtering debris and increasing the volume of ischemic embolic lesions, thereby decreasing the risk of CVA. These devices are mesh filters that prevent the embolic material from entering the carotid arteries. There are numerous cerebral embolic protection devices that differ in pore size, deployment location and chemical composition.

As per analysis, “Cerebral Embolic Protection Devices Market: Current Analysis and Forecast (2021-2027)” the key companies operating in the global cerebral embolic protection devices market include Keystone Heart, Boston Scientific, Edward Life sciences and among others. High torque ability, Cutting-edge design, and improved ability to capture plaque debris represent significant growth opportunities for manufacturers operating in the global Embolic Protective Devices market. Strategic mergers & acquisitions in the emerging markets with high growth potential in order to expand geographic coverage in countries with large patient populations but without adequate public services is a growing trend among the major players operating in the global.

In terms of product type, cerebral embolic protection devices market is categorized as keystone hearts triguard device, clarets sentinel system and Embrella embolic deflector. The triguard device is an involuntary system designed to bypass cerebral embolism during TAVR while allowing maximum blood flow to the brain and is the only bypass device that covers all 3 cerebral vessels. The clarets sentinel system is generally designed to capture the debris dislodged during TAVR. This system comprises of a dual filter system that is inserted through the right brachial or radial access to the left and brachiocephalic common carotid artery. Additionally, the Embrella Embolic Deflector is a special type of filter designed to deflect debris that migrates to the brain during the positioning & implantation of the TAVR valve. In addition, in terms of the end-user, market is categorized as hospitals and others.

Rise in geriatric population, followed by increase in prevalence of cardiovascular diseases, growth in health care investments and surge in adoption of advanced surgical techniques are some major factors, which are responsible for growth of the cerebral embolic protection devices market. Apart from this, certain limitations associated with each of the product types is a major hindering factor for market.

By geographic analysis, the North-America is a prevalent region in global cerebral embolic protection devices market owing to growth in healthcare infrastructure and increase in healthcare investment across the region. The Asia-Pacific and Europe regions are estimated to witness higher growth rate due to growth in adoption of newly developed products and large number of patients with cardiovascular diseases demanding low-cost products over the forecast period. It is likely that future of the global cerebral embolic protection devices market will be bright as a result of rise in demand for technologically advanced products coupled with rise in reimbursement coverage for cardiologic anomalies during the forecast period.

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Global Cerebral Embolic Protection Devices Market

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Global Switchgear Monitoring System Market Outlook: Ken Research

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Switchgear is utilized to de-energize equipment and to clear downstream faults. The control system for the switchgear is utilized to track switchgear functions in substations and transformers. A central component of electrical power systems, the Switchgear monitoring system is optimized both to disperse electrical power and to selectively discrete the electrical loads. The switchgear control system tracks the circulation in the power transmission system of electric current and heat build-up. In precise, the switchgear monitoring system supports to detection of an unusual augment in temperature at a precise location that may specify the corrosion or some other form of imperfection.

According to the report analysis, ‘Switchgear Monitoring System Market: By Component (Hardware, Software, and Services); By Voltage (High Voltage and Medium Voltage); By End-User (Energy and Utilities, Manufacturing, Banking, Financial Services, and Insurance, Information Technology and Telecommunications and Others); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030’ states that the effective growth in requirement for safeguarding and safeguarding the delivery of electricity grid systems amongst the energy and utility industries is a foremost factor propelling global market development. The growing requirement for continuous switchgear observing across several verticals of the industry is also one of the foremost factors propelling the growth of the target market. Intelligent switchgear monitoring systems have augmented the performance and decreased industrial downtime, thereby propelling the development of the around the globe market for switchgear monitoring systems around dissimilar industrial verticals.

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 Switchgear Monitoring System Market: Key Players

• ABB
• Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, and SWOT Analysis.

•  Eaton
•  General Electric
•  KONCAR - Electrical Engineering Institute, Inc
•  Mitsubishi Electric Corporation
•  Schneider Electric
•  sensor
•  Siemens
•  Tiara Vibrasindo Pratama
•  Trafag AG

 Significant requirement for the switchgear monitoring system has been seized by the arrival of voltage regulations. For sending wholesale power over long distances, HVDC transmission systems are more favoured, with rarer power losses. It is probable that the improvement of the HVDC transmission system will create the growth choices for the global market for switchgear monitoring systems. Increasing investments in renewable energy production are the other aspects that are projected to increase requirement for switchgear monitoring systems. Infrastructure innovations worldwide are probable to create requirement for the market for switchgear systems. Complex and costly infrastructure requirements voltage regulations to proficiently distribute electricity, which has further created the requirement for the market for switchgear monitoring systems. Technologically, the improved electric insulation switchgear monitoring system has obtained the market interest and will augment requirement in the near future.

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In addition, the implementation of smart and undynamic electrical infrastructure is being fuelled by growing digitalization in the power industry. It is also underwriting to the improvement of new data centers and communication hubs. The energy consumption rate has been augmented by this. For the continuous functions of these data hubs, a more proficient energy network is therefore demanded, as policymakers are progressively relying on real-time data analysis for their decisions. In turn, throughout the forecast era, this is predicted to augment the utilizations of switchgear monitoring systems. Increasing preferences for the implementation of switchgear systems due to an growing inclination towards renewable energy resources, which underwrites to decreasing the carbon emissions and smart energy is propelling the growth of the target market.

Switchgear Monitoring System Market report also contains analysis on:

Switchgear Monitoring System Market Segments:

• By Component:
  • Hardware
  • Software and Services
• By Voltage:
  • High Voltage
  • Medium Voltage
• By End-User:
  • Energy and Utilities
  • Manufacturing
  • Banking, Financial Services, and Insurance
  • Information Technology and Telecommunications
  • Others
• Switchgear Monitoring System Market Dynamics
• Switchgear Monitoring System Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints

·         FAQs on Switchgear Monitoring System Market

• Which segment is anticipated to hold the largest market share?
• At what CAGR is the market anticipated to grow between 2020 and 2030?
• Who are the key players in the Switchgear Monitoring System Market?
• What could be the challenging factors in the growth of the Switchgear Monitoring System Market?
• What are the growth drivers for the Switchgear Monitoring System Market?

Related Report: -

Global Switchgear Monitoring System Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027

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Future Growth Of Starch Derivatives Market: Ken Research

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In order to amend its properties, starch derivatives are created by enzymatically, mechanically, or chemically giving out native starch. In dissimilar industries, starch derivatives are utilized. It is utilized in the food and beverage industry as a thickener and stabilizer, in the pharmaceutical industry as a tablet folder, in cosmetics as an emulsifier, and in animal feed as a fiber additive. Flocculation, film-forming, adhesiveness, pH stability advancement and shear stability, acid stability, and procedure tolerance improvement are also other operations of starch derivatives. Starch derivatives are utilized in the pharmaceutical field as the tablet binder, as a food and beverage stabilizer and thickener, as a fiber filler in animal feed, and as an emulsifier in the cosmetic industry. In addition to such, adhesiveness, flocculation, film-forming, shear stability, pH stability advancements, procedure tolerance improvement, and acid stability are some more essential applications of starch derivatives.

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 According to the report analysis, ‘Starch Derivatives Market: By Product (Maltodextrin, Cyclodextrin, Glucose Syrups, Hydrolysates, Modified Starch, and others); By Raw Material (Corn, Wheat, Cassava, Potato, and Other); By Application (Food and Beverage, Feed, Paper Industry, Pharmaceutical Industry, Bioethanol, Cosmetics and Other); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030’ states that the market is majorly driven by a wide spectrum of submissions of starch and its derivatives around the different end-user sectors. The growth of the industry is probable to be propelled by strict regulations promoting the usage of natural ingredients around several industries, comprising pharmaceuticals, textiles, fermentation, and cosmetics.

Starch Derivatives Market: Key Players

• Archer Daniels Midland Company
• Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, and SWOT Analysis.

• Cargill Incorporated
• Royal Avebe U.A (Avebe Nutrition)
• Ingredion Incorporated
• Beneo
• Roquette
• Tate & Lyle PLC

The underlying requirement for starch-based adhesives is paper and packaging and is projected to experience healthy growth during the near future. The requirement for bio-based and biodegradable adhesives is projected to propel ever-increasing regulatory demands for low-emission adhesives, which, in turn, is projected to foster the market for starch and its derivatives. Owing to aspects such as increasing R&D spending, along with fluctuations in raw material prices, the requirement for starch derivatives has seen proficient growth. Besides, increasing public health and wellness issues, along with a shifting desire for a healthy appetite, are foremost to advance the market.

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Populace growth, growing requirement for convenience foods and beverages in underdeveloped countries, and an augment in per capita incomes are among the foremost factors propelling the growth of the global market for starch derivatives. Besides, starch holds an essential position in the segments of glue processing, textile finishing and weaving, bio-fuel, and fermentation. A striking inflow of capital is projecting to be observed by the industry, as starch introducers are extending their commitment to advancing the quality of their goods to have an advantage over their rivals. It is also projected that the usage of these derivatives in the personal care sector as a drug coating and animal feed would deliver the potential scope for market growth during the coming years. Therefore, in the near years, it is predicted that the market of starch derivatives will increase around the globe more effectively over the near future.

Starch Derivatives Market report also contains analysis on:

Starch Derivatives Market Segments:

• By Product:
  • Maltodextrin
  • Glucose syrup
  • Cyclodextrin
  • Hydrolysates
  • Modified starch
  • Others
• By Raw Material:
  • Corn
  • Cassava
  • Potato
  • Wheat
• By Application:
  • Food & beverages
  • Cosmetics
  • Paper
  • Pharmaceuticals
  • Feed
  • Others
• Starch Derivatives Market Dynamics
• Starch Derivatives Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints

·         FAQs on Starch Derivatives Market

• Which segment is anticipated to hold the largest market share?
• At what CAGR is the market anticipated to grow between 2020 and 2030?
• Who are the key players in the Starch Derivatives Market?
• What could be the challenging factors in the growth of the Starch Derivatives Market?
• What are the growth drivers for the Starch Derivatives Market?

Related Report: -

Starch Derivatives Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

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Global Compounding Pharmacies Market Research Report: Ken Research

 The Compounding Pharmacies market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Compounding Pharmacies Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Compounding Pharmacies market. The report focuses on well-known providers in the global Compounding Pharmacies industry, market segments, competition, and the macro environment.

Under COVID-19 Outbreak, how the Compounding Pharmacies Industry will develop is also analyzed in detail in Chapter 1.7 of the report.

In Chapter 2.4, we analyzed industry trends in the context of COVID-19.

In Chapter 3.5, we analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets.

In Chapters 6 to 10 of the report, we analyze the impact of COVID-19 on various regions and major countries.

In chapter 13.5, the impact of COVID-19 on the future development of the industry is pointed out.

A holistic study of the market is made by considering a variety of factors, from demographics conditions and business cycles in a particular country to market-specific microeconomic impacts. The study found the shift in market paradigms in terms of regional competitive advantage and the competitive landscape of major players.

Key players in the global Compounding Pharmacies market covered in Chapter 4:

Cantrell Drug Company

Wedgewood Village Pharmacy

PharMEDium Services

Village Compounding Pharmacies

Institutional Pharmacy solutions

Pencol Compounding Pharmacy

Fresenius Kabi

ITC Compounding Pharmacy

DoughteryaEURs Pharmacy

LorraineaEURs Pharmacy

Triangle Compounding Pharmacies

Fagron

Mcguff Compounding Pharmacy Services

Rx3 Compounding Pharmacy

B.Braun Medical

In Chapter 11 and 13.3, on the basis of types, the Compounding Pharmacies market from 2015 to 2026 is primarily split into:

Pain medications

Hormone replacement therapy

In Chapter 12 and 13.4, on the basis of applications, the Compounding Pharmacies market from 2015 to 2026 covers:

Ophthalmology

Urology

Oncology

Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2026) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10, 13:

North America (Covered in Chapter 6 and 13)

United States

Canada

Mexico

Europe (Covered in Chapter 7 and 13)

Germany

UK

France

Italy

Spain

Russia

Others

Asia-Pacific (Covered in Chapter 8 and 13)

China

Japan

South Korea

Australia

India

Southeast Asia

Others

Middle East and Africa (Covered in Chapter 9 and 13)

Saudi Arabia

UAE

Egypt

Nigeria

South Africa

Others

South America (Covered in Chapter 10 and 13)

Brazil

Argentina

Columbia

Chile

Others

Years considered for this report:

Historical Years: 2015-2019

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2020-2026

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Global Compounding Pharmacies Market

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Global Groundnut Oil Market, Global Groundnut Oil Industry, Covid-19 Impact Global Groundnut Oil Market: Ken Research

 For most of us, the groundnut has been an accurate companion throughout the snack-time hunger, sheer boredom and casual strolls in the park. Fried, roasted, boiled or salted, they delight the taste buds in the substantial manner. They are an appropriate source of protein and fibre and are certainly a healthier substitute for oily snacks. The goodness of such legumes can be consumed in a wholly dissimilar form as well – groundnut oil also well known as peanut oil. Oil is extracted by tenacious harvested groundnuts and is then utilized for the determination of cooking.

According to the report analysis, ‘Global Groundnut Oil Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)’ states that Adani Wilmar Limited, Trittemman foods, Suneor SA (Senegal), Golden, Archer Daniels, Transtell goup, Kemas Innovative Global Limited, Olam International and many more are the foremost entities which recently operating in the global groundnut oil market more effectively for leading the highest market growth and registering the great value of market share around the globe during the review duration while delivering the better consumer satisfaction, increasing the applications and benefits of such, decreasing the associated prices of such, spreading the awareness connected to the benefits and features of such, employing the young and active personnel, analysing the strategies and policies of government as well as similar entities, implementing the policies and strategies of enlargement and profit making, establishing the several research and development programs and improving the qualitative and quantitative measures of such.

Additionally, the foremost aspects that are predicted to boom the growth of the groundnut oil market during the review duration are the effective growth in the improvement of the processed food industry in the advanced developed and underdeveloped region. Not only has this, the effective growth of the knowledge concerning the functional benefits of groundnut oil amongst the consumers is further predicted to foster the growth of the groundnut oil market.

Furthermore, the positive growth in the trend of groundnut oil because they are economic in comparison to the other products accessible is further predicted to cushion the growth of the groundnut oil. On the other hand, the easy convenience of the substitute products likewise sunflower oil and soybean oil is further anticipated to limit the growth of groundnut oil market during the timeline period.

The effective improvement of online selling in the advancing nations will further deliver the prospective choices for the growth of the groundnut oil market during the review duration. Whereas, the augment in the producing expenditure might further challenge the growth of the groundnut oil market during the review duration.

Groundnut oil is great in mono-saturated fat and low in the saturated fat which is considered to help in inhibition of heart diseases and lower cholesterol levels. The oil also supports in the inhibition of cancer owing to which it is obtaining preference amongst the health-conscious customers and propelling the market in return. Therefore, in the near years, it is predicted that the market of groundnut oil will increase around the globe more proficiently over the upcoming years.

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Global Groundnut Oil Market

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Global Corkscrew Market, Global Corkscrew Industry, Covid-19 Impact Global Corkscrew Market: Ken Research

 According to the report analysis, ‘Global Corkscrew Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)’ states that the corkscrew market is predicted to augment during the review duration higher consumption of wine, increasing globalization and increase in disposable income.

Lucky Shot, Cork Pops, Farfalli, Ghidini Cipriano, Boelter Brands, Franmara, Zwilling, OXO, Patrick Srl, nineware and many more are the key companies which recently operating in the global corkscrew market more actively for leading the highest market growth and registering the great value of market share during the review duration while increasing the applications and features of such, employing the young and active personnel, delivering the better consumer satisfaction, analysing the strategies and policies of government as well as similar entities, implementing the policies of profit making and expansion strategies, decreasing the associated prices of such, establishing the several research and development programs, improving the qualitative and quantitative measures of such, and spreading the awareness connected to the benefits and applications of such.

Based on the types, the global corkscrew market is fragmented into basic corkscrew, wing corkscrew, sommelier knife, twin-prong cork puller, lever corkscrew, mounted corkscrew and several others. Whereas, from the basic T shaped corkscrew to the sommeliers knife and electric corkscrew, these have become a prominent kitchen tool. Based on the applications, the global corkscrew is segmented into wine bottles, beer bottles and several others. It is predicted the wine bottles sub segment register the great value of market share owing to improving lifestyles and increasing adoption of wine craft.

Moreover, the consumption of wine was earlier restricted to the western regions, however, due to increasing globalization, several regions around the globe have begun producing wine. The popular trend of wine consumption has thus resulted in implementation of tools likewise corkscrew openers. Also, such trends have been broadly by sommeliers around the luxury restaurants and dine-outs. A comparable trend is predicted to progressively take over the upper middle and middle assortment restaurants and hotels. Such trends are probable to foster the market for the corkscrew openers.

However, the ratio of corked bottles to capped bottles is proficiently low, and is predicted to remain low. This lesser utilization of containers/bottles with corks is dominantly propelled by the price in terms of maintenance of corked bottles, which can adversely influence the requirement for corkscrews.

In addition, the proficient traction of the luxury wine restaurants and same locations proposing exclusive wine experiences are probable to suggest growth opportunity, specifically for the tools precisely structured for sommeliers. Moreover, the effective growth in tourism and business travel has concluded in intense cultural exchanges, thus the hospitality industry is taking the keen interest in training sommeliers with the wine opening approaches and tools. Such trends are probable to influence opportunities for the global corkscrew market. Therefore, in the near years, it is predicted that the market of corkscrew will increase around the globe more effectively over the near future.

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Global Corkscrew Market

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UAE Market Outlook– Driven by increasing working population and introduction of new age technologies by players: Ken Research

UAE market is on the strong and sustainable growth trajectory. Whereas, the economy has faced volatility during the recent past years due to the effective growth in foreign direct investment, augment in investments in infrastructure, negative repercussions of the worldwide economic slowdown, 100% ownership in the certain segment and fall in the oil prices.

At Ken Research, the UAE Market Research Reports on e-commerce logistics market delivers an all-inclusive analysis of e-commerce logistics services in the UAE. The UAE Industry Market Reports covers various aspects comprising the market size (by number of orders and revenue), return rate, industry cycle, timeline, market separation by channel (e-commerce merchants and 3PL companies), by domestic and international shipments, by zone of delivery (intercity and intracity), by mode (ground, air & sea shipments), by delivery duration duration (same day delivery, 1-3 day delivery, and more than 3 day delivery), by type of products and by payment mode (cash on delivery, credit & debit cards and several others). 

The UAE enjoys several advantages that make it ideal for e-commerce growth. Its customer demographic entails of a young internet-savvy populace, with high social media usage. Appreciation in the number of smart phones around the country, high consumer confidence, moving consumer preferences, etc. has increased the growth of e-commerce leading surging requirement for e-commerce logistics as well around the country. Dubai, Abu Dhabi and Sharjah have emerged as the foremost hub for demand and supply of the e-commerce logistics. The COVID-19 pandemic has also pushed the requirement in the market as the requirement for social distancing has forced individuals to rely on online shopping. The growth in the E-commerce orders for logistics has been majorly propelled with an increment in internet affinity and requirement for value added services.

Moreover, UAE Market Growth Reports also covers the complete competitive landscape and growth drivers and trends and government role and guidelines. The UAE Market Analysis Report completes with market projection for future for the market, Covid-19 effect, analysts’ take on the future and case studies prominence the major opportunities. 

Nonetheless, the reports on UAE experiential learning provides the UAE market overview and size basis revenue and a number of subscribers of the activity kit subscription industry across UAE, supply ecosystem analysis, subscriber profile basis several socio-demographic variables, market separation, business model analysis, revenue torrent analysis competition benchmarking, porter five force analysis, BCG Matrix analysis, COVID impact, future prognoses and projected trends & challenges.

UAE country research reports also provides the market revenue of the K12 E-Learning Industry, along with revenue by grade and paid user profile by unalike socio-demographic variables. The report talks about new trends observed in the industry along with UAE market entry strategies & future manners forward for K12 E-Learning to move ahead. The UAE market analysis report discusses detailed competition analysis in e-learning and achieves with analyst recommendations conveying a go-to-model for the industry.  

In addition, the activity kit industry experienced double-digit revenue and subscriber growth during the review period. Moving lifestyle with a growing number of dual working parents and rising screen time of kids, has led to the require of self-engaging, enjoyable and educational solution such as activity kits.

Moreover, the high internet penetration, growing working populace, and an augmenting the number of single families have led to the growth of e-grocery services around the UAE.  The number of organizations offering grocery delivery services in the UAE has augmented over the years. Companies have enlarged their product portfolios from food & beverages to household supplies, baby food, fresh food, fish & meat, and several other product categories. Based on the region, the Dubai and Abu Dhabi mapped as foremost cities based on demand and supply of online grocery services. This is majorly owing to the concentration of populace in these regions. Working professionals, who are the foremost end-users of online grocery delivery services, are concerted around Dubai and Abu Dhabi. Companies are projected to aim on enlarging tie ups with suppliers & grocery stores to fulfill consumer orders. The demand is projected to be propelled by upcoming technologies such as Drone Delivery, Warehouse Automation, Voice Ordering and several others. Market consolidation is projected in future as players with heavy financial backing and better brand value will obtain the small players.

Not only has this, the UAE has a robust freight forwarding market possessing to the strategic geographical position on the trans-continental trade route and multi-modal connectivity around the UAE. Sea freight registers the freight forwarding market in terms of volume owing to the expansion of sea ports and improvement of free zones. Industry and retail is the foremost end user in terms of revenue around the freight forwarding market of UAE.

UAE Warehousing Market has augmented at a consistent rate during 2013-2019 because of increment in investments around the economy in the manufacturing segment. Warehouses are majorly located near the free zone to confirm the fast delivery and proficient movement of products around the borders. The warehousing companies require to obtain the license for handling precise products such as pharmaceuticals. Warehousing market has started implementing the advanced technology such as WMS, block chain, RFID tags to confirm efficient functions. Along with warehousing, the requirement for value added services has also augmented in the UAE.

UAE E-commerce Logistics Market has observed exponential growth due to the increasing technological improvements, favorable consumer demographics and efficient mobile and internet penetration. High dependence of foreign trade is also a major reason for e-commerce growth across UAE. Government has also helped the growth of e-commerce through advancement of free zones for e-commerce industries.

The logistics industry is probable to observe the entry of new players and new mergers and acquisition amongst the players. The growing requirement of perishable products in the country will consequently increase the requirement for fast delivery affecting cold chain markets of UAE. In addition to this, growing investments in the manufacturing segment aiming to encourage the economic diversification will pave a path of growth trajectory for logistics and warehousing market of the UAE.

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UAE Market Research Reports

Related Reports

The UAE Car Rental, Leasing and Limousine Market Outlook to 2025 (Second Edition) - Driven by Reviving Tourism, altered Customer Preference from Public Transport to Personal Cars owing to Covid-19

UAE Online Grocery Delivery Market Outlook to 2025- Driven by Increasing Working Population, Introduction of Express Delivery and Regional Expansion

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Ankur Gupta, Head Marketing & Communications

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Global Food Service Equipment Market Anticipate To Foster Owing to Increase in the Food Service Industry: Ken Research

Equipment likewise washing, cooking, storage and handling equipment are utilized in the food service industry for the preparation and storage of food products for the commercial determination. Due to the proficient growth in the hospitality industry and augmented usage of temperature-optimized storage equipment for perishable food have augmented the entire requirement for the food service equipment around the globe. Not only has this, the effective growth in demand for time proficient, decreased labour for food preparation, affordable is delivering the ample growth opportunity for the food service equipment supplier.

According to the report analysis, ‘Food Service Equipment Market: Current Analysis and Forecast (2021-2027)’ states that speedy urbanization and augment in the disposable income have been booming the food service equipment industry. Not only has this, the effective growth in awareness concerning the usage of eco-friendly, energy proficient equipment has been motivating the food service industries for implementation of smart and proficient equipment. To add on, to improve the consumer observation, market players are functioning on incorporating artificial intelligence in foodservice equipment.

Transforming food consumption patterns, augmented requirement for takeaways, and the enlarging hospitality segment are some of the foremost propelling the market. Not only has this, aspects such as growing digitalization, the requirement for sustainable and eco-friendly equipment, and stringent customer safety norms are expected to generate promising growth opportunities for the market during near future. The market has speedily evolved in accordance with the transforming requirements of clients for outfitting their kitchen spaces. Transforming social customs, coupled with the technological progressions, have created a dynamic marketplace for the equipment utilized in the end-use sector.

The requirement has progressively augmented in response to the development of numerous casual restaurant chains around the North America and Europe. Corporates are mandated to sell the certified and tested commercial kitchen appliances according to the safety rules laid by numerous regulatory bodies around the globe. Such protection standards focus to generate a guarded surrounding for both the restaurant operators and customers.

For a better understanding of the market for food service equipment, the report delivers a detailed analysis for foremost economy comprising North America, Europe, Asia Pacific and Rest of the World. Whereas, the North America constitutes the foremost major market for the food service equipment industry and created revenue of USD xx million during 2020 due to the augmented implementation of the technologically advanced equipment in the food service industry. However, the Asia Pacific economy would augment at the greatest CAGR throughout the review duration owing to transformation in consumer lifestyles in the regions such as China & India and growing food service centre in such regions.

Improvement of the hospitality industry and augment in the usage of temperature-controlled storage equipment for perishable and administered food items has propelled the food service equipment market requirement in commercial kitchens. Moreover, augment in the food service industry, coupled with the increasing requirement for multi-functional, efficient, space & time saving, and decreased labor propels the food service equipment market growth.

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Global Food Service Equipment Market

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