The Vietnam cold storage sector is expected to grow with strong traction, likely driven by import and export orders for medicines and vaccines: Ken Research

 1. Cold storage demand in Vietnam is high with 90% occupancy rate at nearly all facilities with highest share from export industry rather than for domestic consumption

The occupancy rate in the cold storage market has been increasing owing to undersupply of cold storage warehouses, especially in the major cities and ports where demand for cold storage is exceeding the supply. The occupancy rate is high due to need for preserving seafood, agricultural products, and fresh food. Although highest share of cold storage is in southern Vietnam, it is still overloaded with the increasing demand for food and essential goods for nearly 9.0 million people in Ho Chi Minh City.

2. Vietnam cold chain market is anticipated to grow owing to increase in trade, food delivery expansions and infrastructural projects in future

With huge investment in cold storages and rising power prices & labour cost in the country along with rising automation and tech advancements in the country, storage cost is expected to increase in the future. Logistics players like Lineage, Transimex, Hung Vuong Corporation and others are to expand cold storage infrastructure facilities to accommodate the boom in demand for fresh produce and meat, driving the market growth.

3. Advanced sortation systems like drones, IoT, automated guided vehicles are some of the few emerging technologies in Vietnam Cold Chain Market

Automated Guided Vehicles (AGVs) are portable machines that navigate themselves through floor stickers, radio waves, vision cameras, wires, magnets, or lasers. In future many warehouses will be able to use drones to track their inventory. This will give warehouses of all sizes the ability to conduct comprehensive inventory counts and audits at the drop of a hat. The IoT can help warehouses to reduce risk and avoid mistakes or accidents that can create losses in the supply chain by early detection.

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Key Segments Covered in the report

Vietnam Cold Chain Market

• By End User
  • Meat and Seafood
  • Fruits and Vegetables
  • Dairy and Bakery
  • Vaccination and Pharmaceuticals
  • Others

• By Ownership
  • 3PL Cold Chain Facilities
  • Owned

Vietnam Cold Storage Market

• By Temperature Range
  • Frozen
  • Chillers
  • Ambient

• By Automation
  • Non-automated Pallets
  • Automated Pallets

• By End User
  • Meat and Seafood
  • Fruits and Vegetables
  • Dairy and Bakery
  • Vaccination and Pharmaceuticals
  • Others

• By Major Cities
  • Ho Chi Minh
  • Hanoi Capital
  • Binh Duong
  • Long An
  • Other

Vietnam Cold Transport Market

• By Truck Type
  • Reefer Vans/Trucks
  • 20-foot reefers
  • 40-foot reefers and others

• By Mode of Transportation
  • Land
  • Sea
  • Air
  • In Land Water ways

• By Location
• International
• Domestic

• By Vicinity
• Inter-city
• Intra-city

• By End User
  • Meat and Seafood
  • Fruits and Vegetables
  • Dairy and Bakery
  • Vaccination and Pharmaceuticals
  • Others

Key Target Audience

• Cold Storage Companies
• Cold Chain Companies
• Cold Transport Companies
• Captive Cold Storage Companies
• Captive Cold Chain Companies
• Logistics Companies
• Non-captive Companies
• Cold Chain Associations
• Logistics Associations
• Private Equity Firms
• Venture Capitalists

Time Period Captured in the Report:

• Historical Period: 2016-2021
• Base Year: 2021
• Forecast Period: 2021-2026F

Companies Covered:

• Lineage
• Transimex
• Hung Vuong Corporation
• AJ Total Vietnam
• Mekong Logistics
• ARC Bing Duong
• ABA Cooltrans
• Emergent cold storage
• SK Cold Storage
• Lotte logistics
• Konoike
• Hong Lai Group
• New Land Logistics
• Thang Long Logistics
• Crane Worldwide Logistics
• ALS Avaition Logistics
• Arctic Wolf
• Vinafco

Key Topics Covered in the Report

• Country Overview and Infrastructure Analysis of Vietnam
• Vietnam Cold Chain Market Overview and Genesis
• Vietnam Cold Chain Industry Supply Ecosystem
• Business Cycle and Genesis of Vietnam Cold Chain Market
• Vietnam Cold Chain Market, 2016-2021
• Vietnam Cold Chain Market Segmentation (by Cold Storage and Cold Transport, by Ownership and by End Users)
• Vietnam Cold Storage Market, 2016-2021
• Vietnam Cold Storage Market Segmentation (by Automation, Temperature Range, by End Users and by region)
• Vietnam Cold Transport Market Overview, 2016-2021
• Vietnam Cold Transport Market Segmentation (by Type of Reefer Truck, by Mode of Transportation, by Location & Vicinity and by end users)
• SWOT Analysis of Vietnam Cold Chain Market
• Competition Scenario of Vietnam Cold Chain Market
• Growth drivers of Vietnam Cold Chain Market
• Technological Advancements in the Vietnam Cold Chain Market
• Issues and Challenges in the Vietnam Cold Chain Market
• Recent Trends in the Vietnam Cold Chain Market
• End User Analysis of Vietnam Cold Chain Market
• Future Outlook of Vietnam Cold Chain Market, 2021-2026F
• Future Outlook of Vietnam Warehousing Market, 2021-2026F
• Future Outlook of Vietnam Cold Storage Market, 2021-2026F
• Future Outlook of Vietnam Cold Transport Market, 2021-2026F
• Market Opportunities and Analyst Recommendation

For more insights on the market intelligence, refer to the link below: –

Vietnam Cold Chain Market: Ken Research

Related Reports by Ken Research: –

Philippines Cold Chain Market

Malaysia Cold Chain Market

South Africa Cold Chain Market

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The Increase in Demand for Perishables, Changes in Consumption Patterns, and the pandemic hit are driving the South Africa Cold Chain Market: Ken Research

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1. Logistics and Shipping Industry was one of the worst-hit industries during the COVID-19 lockdown

Due to the restriction on movement imposed during COVID-19, South Africa experienced a significant decline in the GDP growth rate. Job losses and pay cuts were observed during the pandemic year across industries along with the increasing preference of employees to work in a remote working environment. The advent of COVID-19 negatively impacted the financial condition of consumers and therefore, changes were seen in consumption patterns post Covid-19, and people have become more health conscious.

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2. However, the pandemic has helped the cold chain market to grow as the requirement for pharmaceuticals and healthy food like citrus fruits has increased

As a result of the Covid-19 pandemic, a considerable section of the global population has changed their eating patterns. An increase in retail spending can be seen due to an increase in the disposable income of the country’s population which will drive the development of cold storage and positively affect the market growth. The demand for citrus fruits and vegetables has been increasing as a result of the shift in consumption habits toward vitamin C.

3. With the advanced Technology, Increasing Storage and Transportation Facilities and tying up with End User Companies will prove to be beneficial for Cold Chain Companies in near future

Adopting automation and modern technologies, upgradation of cold transportation fleet, and increase in the number of cold storage warehouses in the country will prove to be beneficial for cold chain companies. The cold chain market is expected to be fueled by increasing demand for temperature-controlled products in the country, the entry of several new players, and government initiatives and programs. This will tremendously increase the cold chain business in the country.

For more insights on the market intelligence, refer to the link below: -

South Africa Cold Chain Market Outlook to 2026F: Ken Research

Covid Recovery and Promotion of EVs Fueling Demand for Auto Finance in Qatar: Ken Research

 1. Banks dominate the Qatar Auto Finance market owing to lower interest rate and flexible repayment tenors

The Qatar Auto Finance Market is consolidated with Banks having major share in the market. Banks are providing 100% and 80% finance for electric and hybrid car/vehicles to Qatari customers and expats to reward them for making an environmentally-friendly choice. This is expected to attract the consumers to opt for auto financing in the country.

2. Qatar Central Bank infused capital as part of Covid-19 Recovery Measures

Under the Vision 2030, the Qatar Government plans on reducing the oil dependency and looking forward towards the adoption as well as manufacturing of Electric Vehicles. Qatar National FinTech Taskforce was set up in 2017 to create a strong and sustainable FinTech ecosystem. As part of the FinTech Strategy, QCB has launched “sandbox” technology for computer security. As part of Covid-19 measures, QCB also infused capital into MSMEs of systemically important sectors to neutralize impact of Covid-19. Some other government policies include annual inspection of every car in Qatar and Expats importing a car must have Residence Permit.

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3. Digital Currency and Neo-Banking Qatar Auto Finance Market is expected to Generate Revenue of more than QR 18,000 Mn in 2026F

Qatar has been improving its financial and banking system due to revenues generated from natural gas and oil reserves. Compressed natural gas (CNG) vehicles, electric vehicles (EVs), and liquefied petroleum gas (LPG) vehicles are expected to show substantial market penetration in the near future, which boost the demand for natural gas in the long-term.

4. Use of advanced technology is the next evolution for Qatar Auto Finance Market

When customers shop for a car, they need information about two things: the car itself and how to finance it. A tighter online integration of information gathering for car buying and car financing can help move a consumer to the next stage of the purchasing process. The solution is an interactive online interface embedded with AI. The online experience must extend seamlessly into the dealership.

For more insights on the market intelligence, refer to the link below: -

Qatar Auto Finance Market Outlook to 2026F: Ken Research

Malaysia’s Quick Commerce market majorly consists of food delivery, followed by grocery delivery and last mile logistics: Ken Research

 1. Malaysia is one of the most profitable SEA regions to approach due to strong E-commerce penetration and rising expenditure.

Malaysia has the third highest E-commerce penetration amongst SEA countries at 82.9%. The movement restriction order also saw walk-in stores close for a period of time to limit physical interactions and mitigate the spread of COVID-19. As a result, Malaysians have turned to online commerce.

2. Expensive product registration, as well as product availability and seasonality, are important challenges for enterprises wishing to operate in the region.

For SMEs with no current relationships or presence in Malaysia, and no supply chains into China, a few access points exist, but full-scale entry into the market remains difficult. Two primary factors complicate entry. The main religions in Malaysia are Islam, Buddhism and Christianity. Therefore, Chinese New Year, Hari Raya, Eid, Prophet's Ascension and Ramadan are all causes for shopping and celebration, as are global events such as Single’s Day. Malaysia, as with many Asian countries, love a bargain. With such frequency of sales, over time, shoppers have been trained to wait for price drops.

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3. A young population, technological advancement, and changing purchasing habits have become the backbone of Malaysia's rapid commerce growth.

Smartphones will become an increasingly important driver of online sales, Consumer purchasing habits are evolving, supported by the Malaysian Government’s National E-commerce Strategic Roadmap, which seeks to promote growth in online retail and attract investment in the sector from global players. Malaysia’s e-commerce sector is growing, with consumers beginning to warm up to the idea of technology-enabled payment systems, from traditional internet banking to mobile financing.

Key Segments Covered in the report: –

Malaysia Quick Commerce Market Segmentation on Demand Grocery

By Products Category

• Beauty & Personal care
• Packaged Food & Beverages
• Staples
• Fruits & Vegetables
• Others

By Region

• Metro & Tier I
• Tier II & below

By Business Model

• Dark Store Model
• Marketplace Model

By Customer’s Gender

• Male
• Female

By Delivery Time

• 0-30 mins
• 30-45 mins
• 45- 1 hour
• 1-2 hours

By Order Value

• 0-50
• 50-100
• 100-200
• 200-1000

By Customer’s Age

• 16-24
• 25-34
• 35-44
• 45-54
• 55+

Malaysia Quick Commerce Market Segmentation on Demand Logistics

By B2B/B2C & C2C

• B2B
• B2C
• C2C

By B2C End User

• Grocery
• Flowers
• Shoes
• Fresh Fruits & Vegetables
• Others

By Regions

• Urban Areas
• Tier 2 and Rural Areas

By Average Delivery time taken

• 0-30 mins
• 30-45 mins
• 45 mins – 1 hr.
• 1 hr.- 2hr

Malaysia Quick Commerce Market Segmentation on Demand Food Delivery

By Region

• Urban Areas
• Tier 2, 3, Rural Areas

By Average Delivery Period

• Under 30 Minutes
• 30-45 Minutes
• 45-60 Minutes

By Gender

• Male
• Female

By Age Group

• 18-24
• 25-34
• 35-44
• 45 above

By Frequency of ordering

• Everyday
• 2-3 times a week
• once a week
• every 2 weeks
• once a month
• once every 6 months
• once a year
• less than once a year

By Cuisine type

• Fast Food
• Malay
• Beverages
• Chinese
• Others

Key Target Audience

• Quick Commerce Players
• Ecommerce Companies
• E-grocery Companies
• Logistics Companies
• Cold Chain Companies
• Investors & Venture Capitalists

Time Period Captured in the Report:

• Historical Period: 2017/22-2021
• Forecast Period: 2022-2027F

Companies Covered:

• Food Panda
• GrabFood
• Oddle
• Quicksent
• Airasia
• Pandamart
• GrabMart
• Happyfresh
• Lala Move
• Borzo
• GrabExpress
• Pickupp

Key Topics Covered in the Report

• Country Overview Malaysia
• Ecosystem of Major players in the Malaysian Quick Commerce Market, 2022
• Business Cycle and Genesis of Malaysia Quick Commerce Market
• The Rise of Rapid Delivery (Quick Commerce)
• Customer Journey: Traditional E-Commerce VS On-Demand Logistics
• E-commerce statistics in Malaysia as compared to other regions
• E-commerce penetration in Malaysia
• E-commerce trends in Malaysian states
• E-commerce vs Quick Commerce
• Business Model Canvas of Quick Commerce businesses
• On Demand Food Delivery Market in Malaysia
• Market Segmentation for On Demand Food Delivery Market in Malaysia
• Competition Analysis for On Demand Food Delivery Market in Malaysia
• Future Forecast for On Demand Food Delivery Market in Malaysia
• On Demand Grocery Delivery Market in Malaysia
• Market Segmentation for On Demand Grocery Delivery Market in Malaysia
• Competition Analysis for On Demand Grocery Delivery Market in Malaysia
• Future Forecast for On Demand Grocery Delivery Market in Malaysia
• On Demand Last Mile Logistics Market in Malaysia
• Market Segmentation for On Demand Last Mile Logistics Market in Malaysia
• Competition Analysis for On Demand Last Mile Logistics Market in Malaysia
• Future Forecast for On Demand Last Mile Logistics Market in Malaysia
• Industry Analysis
• Regulations: Product Registration and Certification
• Challenges in Market
• Growth Drivers of the Malaysian Quick Commerce Market
• Growth driven by Covid-19 pandemic
• Malaysian Government’s National E-commerce Strategic Roadmap
• Sub-segments of the Malaysian Government’s Digital Free Zone
• Diversification Opportunity to Other Categories
• Technologies to Leverage in the Malaysian Quick Commerce Market
• Strategies followed by Food Delivery Player in SEA’s
• New Technologies

For more insights on the market intelligence, refer to the link below: –

Malaysia Quick Commerce Market: Ken Research

Related Reports by Ken Research: –

India Quick Commerce Market Outlook to FY’27F

KSA Online B2B Grocery Market Outlook to 2026F

Vietnam Online Grocery Market Outlook to 2026

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3 Key Insights on Competitive Landscape in the Global Green Chemicals Market: Ken Research

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Regional Players Dominate the Market Holding nearly 40% of Revenue Share Despite the Presence of about 200 Competitors Comprising Global Players, Regional Players, and Country-Niche Players find a recent market study on the Global Green Chemicals Market by Ken Research.

Green chemicals or bio-based chemicals are renewable and eco-friendly substances primarily driven from bio-based raw materials related to plants or animals. Green chemicals are designed to maintain the ecological balance as it helps reduces the harmful impact on the environment regarding disposal, transportation, packaging, processing, fabrication, and others.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

1. Country-Niche players constitute ~40% of the Total Number of Competitors and hold ~25% of the Total Market Revenue

A comprehensive competitive analysis conducted during the Research Study found that the global green chemicals market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players who have their niche in the green chemicals market. The regional players comprise ~35% in terms of the number of companies and hold about 40% of the market share. Key players in the market are focused on product launches and offering value-added services to gain significant market share.

2. Leading Players Investing Heavily in the Production of Green Chemicals

Detailed comparative analysis of key competitors available within the Research Study shows that key players such as Cargill, Incorporated, Mitsubishi Chemical Group Corporation, and BASF SE among others are highly focused on offering green chemicals for various industries. Furthermore, market players are engaged in R&D activities and are investing heavily in the production of green chemicals to fulfill the demand of the end-users.

• In October 2021, Sekab, a Sweden-based advanced biofuels and biochemical manufacturer invested EUR 9.95 million to expand its production facility of green chemicals.

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3. Increased Government Initiatives Promote Green Chemicals Market Growth and Development

• Governmental bodies are taking initiatives such as the European Technology Platform for Sustainable Chemistry (SusChem) and International Sustainable Chemistry Collaborative Centre (ISC3) to promote the adoption of green chemicals.
• In February 2017, the United Nations Industrial Development Organization (UNIDO) and its partners launched a new green chemistry initiative to deploy green chemistry technologies and approaches and to increase awareness regarding green chemicals.

Key Topics Covered in the Report:-

Snapshot of the Global Green Chemicals Market

Industry Value Chain and Ecosystem Analysis of the Green Chemicals Market

Market size and Segmentation of the Global Green Chemicals Market

Historic Growth of the Overall Global Green Chemicals Market and Segments

Competition Scenario of the Green Chemicals Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Green Chemicals Industry

Overview, Product Offerings, and Strategic Developments of Key Competitors

COVID-19 Impact on the Overall Global Green Chemicals Market

Future Market Forecast and Growth Rates of the Global Green Chemicals Market and by Segments

Market Size of End-User/End-User Segments with historical CAGR and Future Forecasts

Analysis of the Green Chemicals Market in Major Regions

Major Production / Consumption Hubs in the Major Regions

Major Production/Supply and Consumption/Demand Hubs in Each Region

Major Country-wise Historic and Future Market Growth Rates of the Total Green Chemicals Market and Segments

Overview of Notable Emerging Competitor Companies within Each Major Region

Major Companies Mentioned in the Report:-

Cargill, Incorporated

Mitsubishi Chemical Group Corporation.

BASF SE

DuPont

DSM

Evonik

 Plantic

Bayer Material Science AG

Verdant Law

Arkema

Notable Emerging Companies Mentioned in the Report

Bio-Kleen Products, Inc.

Palmer Industries, Inc.

Thermafiber, Inc.

Vertec BioSolvents Inc.

Total Corbion PLA

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Green Chemicals Manufacturers

Chemical Manufacturers

Bio-Alcohol Manufacturers

Packaging Manufacturers

Research & Consulting Firms

Research and Development Associations

Investment Banking & Financial Institutes

Research & Development Institutes for Green Chemicals

Green Chemicals Providers

Green Chemicals Research Organizations

Green Chemicals Suppliers

Investors in Green Chemicals Start-ups

Green Chemicals Distributors

Government Ministries and Departments of Chemical Industry

Chemical Industry Regulatory Bodies

Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2022E-2028F

For more insights on the market intelligence, refer to the link below:-

Global Green Chemicals Market

Rising End-Users awareness, Improving technology and Government’s strong initiatives regarding Infrastructure will boost Kuwait Facility Management Market after the Covid’s impact: Ken Research

 1. The Kuwait hotel and restaurant sector is suffering from a shortage in the number of specialized workers including delivery services, due to the continued closure and prevention of recruitment from abroad.

The hospitality industry is undergoing a pivotal digital transformation. In the hotel sector, the full customer journey has been digitized; from researching venues and destinations to making price comparisons and purchases. Kuwait’s hospitality market is smaller when compared to some of its GCC neighbors, but slow and steady seems to be the mantra of the country’s hoteliers. The number of hotel keys in Kuwait approached to 89,000 by the end of 2021. Also, Hilton Kuwait Resort and Jumeirah Messilah Beach Hotel & Spa have had notable arrivals in the recent months.

2. Lack of awareness amongst end users, Labor issues, return of migrants to home countries during COVID-19, are major challenges for Kuwait Facility Management Market

In Kuwait, FM is considered as an expense and not as something that helps support the core business and increase revenues over the lifecycle of the business. A decrease in employment rate of migrant population or reduction in wages is likely to have a direct impact on industry. Most of labors engaged in construction and related sectors are working on temporary work visas.

3. Kuwait Vision 2035, Technological advancement, Increased Public Spending on infrastructure and Sustainability are major growth factors driving the Kuwait Facility Management Market

Restore the regional leadership role of Kuwait as a financial and commercial hub, and reviving the pivotal role of the Kuwaiti private sector in the leadership of development. Rapid real estate development in terms of smart city development, new infrastructure developments, and focus on tourism and hospitality promotion are the supporting factor for commercial facility management services revenue.

Key Segments Covered in the report: –

Kuwait Facility Management Market

By Type of Service

• Soft Service
• Hard Service

By Hard Service

• Electromechanical Services
• Operations and Maintenance Services
• Fire Safety and Security Systems

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By Soft Service

• Housekeeping
• Security
• Landscaping
• Others

By Integrated Facility Services, Bundled Services and Single Services

• Bundled services
• Single services
• Integrated facility management (IFM)

By End User

• Commercial
• Industrial
• Residential

By Personnel

• In-House Personnel
• Outsourced Personnel

Key Target Audience:-

• Factories
• Plants and Industries
• Hotels
• Hospitals
• Malls
• Companies and offices
• Tourism Agencies
• Government Bodies & Regulating Authorities
• Facility Management companies
• Real estate companies

Time Period Captured in the Report:-

Historical Period: 2016-2021

Forecast Period: 2021-2026F

Companies Covered:-

• Kharafi National
• United Facility Management
• EFS Facility Management Services
• Fawaz Group
• O&G Engineering W.L.L.
• EcovertFM Kuwait
• Al Mazaya Holding Company
• Al-Awsat United Real Estate Co.
• ONE FM
• PIMCO
• Gulf Engineering Company K.S.C.C

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Key Topics Covered in the Report:-

• Executive Summary: Kuwait Facility Management Market, 2016-2026F
• Kuwait Facility Management Market Size by Revenue, 2016-2026F
• Kuwait Population Analysis, 2021
• Kuwait Demographic Analysis, 2021
• Kuwait Oil and Non-Oil Quarterly Real GDP growth,2017-2020
• Business Cycle and Genesis of Kuwait Facility Management
• Business Acquisition Process in Kuwait Facility Management Market
• Supply Side Ecosystem
• Kuwait Real Estate Market Overview, 2021
• Kuwait Rental Market Overview, 2021
• Kuwait Housing Loan Market, 2021
• Kuwait Hospitality Market Overview, 2021
• Kuwait Retail Market Overview, 2021
• Supply Side Ecosystem – Maintenance (Hard FM)
• Supply Side Ecosystem – Cleaning and Security
• Supply Side Ecosystem – Waste Management
• Supply Side Ecosystem – Integrated FM
• Kuwait Facility Management Market Segmentation
• SWOT Analysis of Kuwait Facility Management Market
• Key Growth Drivers in Facility Management Market in Kuwait
• Trends and Developments in Kuwait Facility Management Market
• Kuwait Facility Management Market Major Technological Trends, 2021
• Regulatory Landscape of Kuwait Facility Management Market
• Types of Contracts in Kuwait Facility Management Market
• Competition Scenario in Kuwait Facility Management Market
• Cross Comparison of Major Projects in Kuwait Facility Management Market
• Market Sizing Analysis of Kuwait Facility Management Market, 2021-2026F
• Best Practices for Improving Facility Services
• Operational Strategies for Facility Management Market in Kuwait
• Growth Strategies of Kuwait Facility Management Market

For more insights on the market intelligence, refer to the link below: –

Kuwait Facility Management Market Analysis

Related Reports by Ken Research: –

Qatar Facility Management Market Outlook

Chile Facility Management Market Outlook

Vietnam Facility Management Market Outlook

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Rising Dental Awareness, Dental Tourism, Lower Dental Services Cost and Government’s Strong Initiatives in Healthcare System will boost the Dental Service Market in India: Ken Research

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1. The India Dental Market is expected to grow at a CAGR of 10% for FY’2022-FY’2027F due to increasing number of dental colleges and labs in the country

The rising Dental consciousness among the Indian population, along with the growing purchasing power, is expected to contribute to the market growth over the forecast period. Dental services market is anticipated to witness significant growth over the forecast period due to the improvements in already existing services along with introduction of new improved technologies.

2. The expansion of coverage, services, and rising spending by both public and private entities are all contributing to the rapid growth of the Indian healthcare industry

The Healthcare Market in India is expected to reach USD 372 Bn by 2022, driven by rising income, better health awareness, lifestyle diseases and increasing access to insurance. Moreover, in Union Budget 2022-23, INR 86,200.65 Cr ($ 11.28 Bn) was allocated to MoHFW. In March 2021, the Parliament passed the National Commission for Allied & Healthcare Professions Bill 2021, which aims to create a body that will regulate and maintain educational and service standards for healthcare professionals. The Indian government is planning to o introduce a credit incentive programme worth INR 500 Bn ($ 6.8 Bn) to boost the country’s healthcare infrastructure.

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3. Number of dentists will increase in the future due to an increase in the number of colleges and government initiatives to revise the curriculum

Changes in lifestyle and diet have caused several health issues in India, including those related to dental health. The dental services market growth will be influenced by the rise in periodontitis and teeth decay. In addition, a rise in demand for aesthetic and cosmetic dentistry will also help the market grow. In recent years, dentistry has come up as a rewarding career. People have started recognizing dental disorders and with the advancement in science and technology, the treatment has become specialized. Therefore, the demand of dentists has been slowly and steadily increasing in the Indian market.

For more insights on the market intelligence, refer to the link below:-

India Dental Services Market

Thailand Lubricants Market - Size, Share, Covid-19 Impact & Forecasts Up to 2026: Ken Research

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How Is Lubricant Market Positioned in Thailand

Thailand Lubricant market sales has grown over the period 2016-2021, supported by the increase in Average Price for Lubricants Per Liter in the country. Players in Thailand Lubricant Market are primarily engaged in marketing and distribution of petroleum products to end users’ customers, provide storage facilities, and other allied services. Many Market Players have Retail Station Dealerships to deliver long-term value to their retailers and other stakeholders. A wide network of OEM workshops, dealers and distributors, supermarkets and online stores used to sell the lubricants to the end users with varied margins.

The COVID-19 outbreak led to a notable dip in lubricants consumption, where motorcycle lubricant consumption recorded the highest dip. COVID-19-related restrictions led to declined maintenance requirements from several industries. The major impact was observed in the automotive industry.

The competition was observed to be concentrated in Lubricant with PTT Oil and Retail and The Shell company of Thailand contributing the maximum market share. Key competitive parameters include price, USP (Unique Selling Point), product portfolio, customer acquisition and promotional strategies, future plans and major clients.

Thailand lubricant Market Overview and Segmentation

Thailand Lubricant Market has been experienced growth with 2.1% CAGR (2016-2021) The boosting economy of Thailand has been supported by the growth of revenues generated by manufacturers offering lubricant oils to various customers across automotive and industrial sectors.

Market Segmentation of Thailand Lubricant Market

By Type: The boost in the sales of automobiles in the country has significantly led to an increase in the consumption of automotive lubricants over industrial lubricants. The increased sales were also supported by the continuous improvement in the refining.

By Grade: The Thailand Lubricant Market is dominated by Mineral as people in Thailand prefer using Mineral over other grade of lubricants.

Thailand Industrial Lubricant Market Overview and Segmentation

Market Overview:

The harsh condition of handling equipment in both industries has triggered the demand for lubricants by the operators.  Thailand’s manufacturing output for 2021 has seen a significant growth from 2020. Lubricants have important application in manufacturing sector as it ensures durability and efficiency of machines.

Market Segmentation of Industrial Lubricant Market

By Type: Hydraulic Fluid dominated the industrial lubricants market share followed by Grease, with second largest share. Hydraulic oils differ from conventional lubricants for their characteristics which include rust and corrosion inhibition, filterability, oxidation and hydrolytic stability and anti-wear performance.

By End Use: Construction accounted for majority of share in this segment as major end user for industrial lubricants followed by General Manufacturing. The harsh condition of handling equipment in both industries has triggered the demand for lubricants by the operators.

By Distribution: Dealer network dominated the market share in comparison to Direct Sales. Most of the lubricants consumed by the Thailand industrial sector have been supplied by a widespread network of authorized and local distributors across various regions of the country.

Thailand Automotive Lubricant Market Overview and Segmentation

Market Overview:

An increase in the sales of commercial vehicles in the country has largely contributed to the growth in overall lubricant consumption. The increasing number of ships and boats being visiting the country has thus led to the growth in consumption of automotive lubricant recently.

Market Segmentation of Automotive Lubricant Market

By Type: Heavy Duty Engine Oil dominated the industrial lubricants market in this segment as the major type of lubricants followed by Passenger Vehicle Motor Oil. Heavy Duty lubricants are largely needed by commercial vehicles and light trucks which need to generate enough power as they are largely used in transport and logistics.

By End Use: Commercial Vehicles accounted majority of share in this segment as major end user for automotive lubricants followed by Passenger cars. An increase in the sales of commercial vehicles in the country from 2019 to 2021 has largely contributed to the growth in overall lubricant consumption.

By Distribution: Service Stations/Local Workshops dominated the market share followed by OEMs with second largest share. Service Stations/Local Workshops dominated the market share followed by OEMs with second largest share.

Comparative Landscape in Thailand Lubricant Market

The competition in lubricant market was observed to be Concentrated. Top players in the market are PTT Oil and Retail & The Shell Company of Thailand Limited. PTT and Shell are leaders because of their high distribution network, presence of local blending plant and high brand value. All other players such as Chevron, Idemitsu, BP-Castrol, Eneos, Siam-Pan Group and more are niche players focusing on small segment in the market. Bangchak and BP-Castrol are visionaries in the market as they have potential to become challengers in future. There are no challengers in the market as market players except PTT and Shell Thailand have comparatively low share.

Thailand Lubricant Market Outlook and Projections

The health Tech market is projected to grow at single digit CAGR (2021-2026F). Factors such Growing population, developing infrastructure, rising disposable incomes, growing middle class, and growing prevalence of chronic diseases are major factors for growth in the region. The Eastern Economic Corridor development plan for the oleochemical industry is also prominent growth driver and will drive the Thailand Lubricant Market in the near future.

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Time Period Captured in the Report:

• Historical Period: 2016-2021
• Forecast Period: 2021-2026F

Companies Covered:

• PTT Oil and Retail
• The Shell Company of Thailand
• Bangchak Corporation
• BP-Castrol (Thailand)
• Esso (Thailand)
• Idemitsu Lubricants (Thailand)
• Siam Pan Group
• Chevron Thailand
• Thai Petroleum &Trading
• Valvoline

Key Topics Covered in the Report

• Thailand Lubricants Market Overview
• Ecosystem of Lubricants Market
• Business Cycle and Genesis of Thailand Lubricants Market Overview
• Value Chain Analysis for Thailand Lubricants Market
• SWOT Analysis for Thailand Lubricants Market
• Porter’s Five Forces Analysis Thailand Lubricants Market
• Growth Drivers in Thailand Lubricants Market
• Bottlenecks and Challenges in Thailand Lubricants Market
• Trends and Developments in Thailand Lubricants Market
• Government Regulations
• End User Analysis of Thailand Lubricants Market
• Covid-19 Impact on Thailand Lubricants Market
• Competitive Landscape in Thailand Lubricants Market
• Strengths and Weaknesses of the Major Players in Thailand Industrial Lubricant market
• Strengths and Weaknesses of the Major Players in Thailand Automotive Lubricant market
• Cross Comparison of Major Players in Thailand Industrial Lubricant Market
• Cross Comparison of Major Players in Thailand Automotive Lubricants Market
• Product Portfolio of Major Players in Thailand Industrial Lubricants Market
• Product Portfolio of Major Players Thailand Automotive Lubricants Market
• Detailed Analysis on Thailand Lubricants Market (Market Size and Segmentation, 2016-2022; Future Market Size and Segmentation, 2022-2026F)
• Detailed Analysis on Thailand Industrial Lubricants Market (Market Segmentation, 2016-2022; Future Market Segmentation, 2022-2026F)
• Detailed Analysis on Thailand Automotive Lubricants Market (Market Segmentation,2016- 2022; Future Market Segmentation, 2022-2026F)
• Market Opportunity and Analyst Recommendations

For more insights on the market intelligence, refer to the link below: -

Thailand Lubricant Market Outlook to 2026: Ken Research

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3 Key Insights on Competitive Landscape in the Global Biophotonics Market: Ken Research

 Despite Presence of about ~200 Competitors Comprising a Large Number of Country-Niche Players and Regional Players, Few Global Players Dominate the Market, finds a recent market study on Global Biophotonics Market by Ken Research

The study of optical processes in biological systems, both naturally occurring and in bioengineered materials, is known as biophotonics. Imaging and sensing cells and tissue are particularly important aspects of this field. Injecting fluorescent markers into a biological system to track cell dynamics and drug delivery is one example.

“Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study”

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Global Players that Constitute ~20% of Total Number of Competitors Hold the Largest Market Revenue Share, While Regional Companies Represent 30% Share in Terms of the Competitors

A comprehensive competitive analysis conducted during the Research Study found that the Global Biophotonics market is highly competitive with ~200 players, including globally diversified players, regional players, and a large number of country-niche players with their niche in advancement in medical technology for multiple end-user industries. The majority of the top 20 global biopharmaceutical companies, including Affymetrix Inc., Andor Technology, BD (Becton, Dickinson and Company), Carl Zeiss AG, maintained their leading positions in the forecasted period. The majority of the country’s players offer end-to-end solutions that assist clinicians and scientists in better diagnosing diseases, discovering new and more personalized drugs, and performing disease assessments. Some of these who successfully evolve to create pharma and diagnostics solutions often get acquired by large global players seeking to grow and diversify quickly.

Country-Niche Players' and Organization’s Ongoing Efforts to Provide Life Sciences Solutions to End-User Industries Are Driving Their Revenue Growth In This Market.

Detailed comparative analysis of key competitors available within the Research Study shows that numerous biotechnology, and pharmaceuticals companies such as Oxford Instruments Plc, Carl Zeiss AG, Andor Technology, and more are highly focused on providing a significant number of healthcare solutions and advanced techniques that can be used across end-user industries. Furthermore, numerous companies and organizations are aggressively investing in advanced computation, data analytics, and increased R&D activities.

• In March 2021, Zeiss expanded its presence in North America by launching new research and development, production, sales, and customer service center in the United States with an investment of US$ 180 million. The new site will incorporate the X-ray Microscopy business, along with the ZEISS Microscopy Customer Center, to provide support for opportunities in materials research, life sciences, and industrial applications.
• In November 2021, Oxford Instruments launched BC43, a compact microscopy device. This device can provide real-time 3D imaging to users. 

Increasing Government Initiatives, Strategies in the Healthcare Sector contributing to the development of the biophotonics market.

During the acute phase of the ongoing covid-19 pandemic, clinicians faced several challenges, including timely diagnosis and hospitalization, effective utilization of intensive care facilities, selection of appropriate therapies, monitoring, and timely discharge. A prompt and precise diagnosis has several implications for the patient, the healthcare institution, and public health and administrative personnel. Amid the ongoing pandemic, healthcare systems are evolving to meet the growing infection rate worldwide. Manufacturers of optical systems and optoelectronics saw an increase in market growth during this destructive phase of the Covid-19 pandemic as they provided additional, objective information that significantly improved these aspects of patient care.

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Key Topics Covered in the Report

• Snapshot of Global Biophotonics Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of Global Biophotonics Market
• Historic Growth of Overall Global Biophotonics Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global Biophotonics Industry
• Overview, Product Offerings, and SWOT Analysis of Key Competitors
• Covid-19 Impact on the Overall Global Biophotonics Market
• Future Market Forecast and Growth Rates of the Total Global Biophotonics Market and by Segments
• Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
• Analysis of Global Biophotonics Market
• Major Production/Supply and Consumption/Demand Hubs within Each Region
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Region

Major Companies Mentioned in the Report

• Affymetrix Inc.
• Andor Technology
• BD (Becton, Dickinson and Company)
• Carl Zeiss AG
• Olympus Corporation
• Hamamatsu Photonics K.K
• Zecotek Photonic Inc.
• Idex Corporation
• IPG Photonics
• Oxford Instruments Plc

Notable Emerging Companies Mentioned in the Report

• Lumicks
• Creoptix
• ThnikCyte
• PhotoPharmics
• Impedimed
• Norlase
• Vivosight
• Speclipse

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Biotechnology - Therapeutics and Diagnostics Companies
• Pharmaceutical Companies
• Manufacturers of Diagnostic Kits and Instruments
• International Agency for Research on Cancer (IARC)
• Neural Regeneration Research Organizations
• Research Drug Monitoring Authorities
• AI Solution Providers for Drug Discovery
• Medical Devices manufacturers
• Government Ministries and Departments of Healthcare

Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022-2028F

For more insights on the market intelligence, refer to the link below: –

Global Biophotonics Market: Ken Research

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Key Insights on Competitive Landscape in Global Disposable Gloves Market: Ken Research

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Few Diverse Global Players Dominate the Market Holding ~40% of Revenue Share Despite Presence of about 200 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study on Global Disposable Gloves Market by Ken Research.

Gloves are pieces of clothing that cover a part of our hands. These are use-and-throw products, which can reduce the spread of infection. Natural rubber latex, nitrile, and vinyl are the widely used varieties of disposable gloves. Although Disposable gloves are majorly used in the healthcare industry, including hospitals, clinics, Dental, EMS, and others, since the outbreak of the Covid19 pandemic, awareness of disposable gloves has spread across other industries as well. Many such industries have started using gloves as a mandatory precaution, including the food processing industry, restaurant chains, chemical industry, automobile aftermarket, and more.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Global Players Who Comprise 10% in Terms of Number of Competitors Hold Dominant Revenue Share

Competitive Analysis by the research study found that the Global Disposable Gloves Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in disposable gloves manufacturing and distributing for specific segments. The large global players, even though comprise just about 10% in terms of the number of companies, hold ~40% of the market revenue share followed by regional players which account for ~35% of the market revenue. Most of the country-niche players are having their headquarters in Malaysia, Asia Pacific region.

Specialist Players within Global Disposable Gloves Market Earn a Major Chunk of their Overall Revenues from this Segment

Detailed Comparative Analysis of Key Competitors done within the research study revealed that for specialist players such as Kossan Rubber, and Rubberex, the companies’ gloves businesses generate ~88% and ~95% of their global revenues. While for diverse players these can be anywhere in the range of 50% to 60% as per the analysis done in the study on the Global Disposable Gloves Market. All leading global competitors are having a strong presence in the Global Disposable Gloves market and offer comprehensive Disposable Gloves solutions to all major industries including healthcare, clinics, dispensaries, food processing, chemical factor, and any other industrial site.

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• In April 2022, Ontario London Government invested in constructing 120,000 square foot facility that would manufacture medical-grade nitrile gloves. Manikheir Canadar Inc., under this contract, would manufacture approximately 500 million medical-grade nitrile gloves annually for up to 10 years.
• The Department of Defense in collaboration with the Department of Health and Services awarded various contracts that amounted to US$226.3 million to companies for manufacturing nitrile and medical gloves.

During and Post-COVID Pandemic, Gloves Gained a Huge Market due to the Rapidly Spreading Covid19 virus and Increasing Awareness among Peoples

The pandemic helped the disposable gloves market to grow. Analysis of the latest available industrial data shows that sales volume growth for nitrile disposable gloves saw an improvement of 23.6% from 2020 to 2021, with approximately 1.2 billion pieces sold in 2021 versus 970.5 million pieces in 2020. Also, the average glove selling price increased from US$53/1000 pieces to US$73/1000 pieces from 2020 to 2021. Gloves are an important component of the PPE (Personal Protective Equipment) kit. As per the UNICEF reports, since the start of the pandemic, UNICEF has shipped more than 653.4 million items of PPE to 140 countries as part of its Covid19 response programs.

Increased adoption of Disposable Glove Globally Leading to Major Industry-Wide Developments, Acquisitions, Collaborations, and Deal-Wins

• In March 2022, American Nitrile, LLC, announced a strategic partnership with Orion Infrastructure Capital (OIC) to construct its manufacturing facility in Grove City. Under this agreement, OIC will provide US$105 million to support the completion of 12 production lines with an aggregate capacity of 3.6 billion nitrile gloves per year.
• In March 2021, Hartalega Holdings Bhd planned to invest US$1.7 billion to build 16 new manufacturing plants over the next 20 years. Hartalega currently operates with 12 manufacturing units and aims to increase the annual production of gloves by 95 billion by 2027.

Key Topics Covered in the Report: -

• Snapshot of Global Disposable Gloves Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Disposable Gloves Market
• Historic Growth of Overall Global Disposable Gloves Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global Disposable Gloves Industry
• Overview, Product Offerings, and SWOT Analysis of Key Competitors
• Covid 19 Impact on the Overall Global Disposable Gloves Market
• Future Market Forecast and Growth Rates of the Total Global Disposable Gloves Market and by Segments
• Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
• Analysis of Global Disposable Gloves Market
• Major Production / Consumption Hubs in the Global Disposable Gloves
• Major Production/Supply and Consumption/Demand Hubs in Each Major Regions
• Major Region-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Region

Major Companies Profiled in the Report: -

• Ansell Ltd
• Hartalega
• Top Glove Bhd
• Rubberex
• Kossan Rubber Industries
• Cardinal Health Inc
• Sempermed
• Sri Trang Gloves
• Care Plus
• Supermax Corporation Berhad
• Synthomer Plc
• Comfort Rubber Gloves Industries

Notable Emerging Companies Mentioned in the Report: -

• Cullinan Gloves
• Sara Health Care Pvt Ltd.
• Amkay Products Pvt Ltd.
• Medlis Healthcare Pvt Ltd
• Anhui Tianyuan Latex Technology Co.
• Dentopia Sdn Bhd.
• American Nitriles
• LifeMedz

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report:-

• Disposable gloves manufacturer companies
• Disposable gloves distributors
• Disposable gloves material supplier companies
• Potential investors in disposable gloves companies
• Disposable gloves association
• Utilities sector organizations
• Healthcare sector companies
• PPE manufacturing companies
• Research & development institutes
• PE and VC Firms in Healthcare
• Consulting companies in the health and hygiene sector
• Disposable gloves component providers
• Nitrile and latex gloves manufacturers
• Government and research organizations
• Investment banks & funds
• Investors and financial community professionals
• Healthcare Regulatory Authorities

Time Period Captured in the Report: -

• Historical Period: 2019-2021
• Forecast Period: 2022-2030F

For more insights on the market intelligence, refer to the link below: -

Global Disposable Gloves Market: Ken Research