Companies need to plan competitive strategies with a focus on extending their offerings beyond the core products to ensure business sustainability in Philippines Lubricants Market: Ken Research

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1. Commercial Vehicles accumulated for a significant demand as a major Lubricant end user industry in Philippines in 2021

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In 2021, the total volume of motorcycles and scooters sold in the Philippines reached ~1.4 Mn units reflecting an increase in sales in comparison to total sales volume of ~1.21 Mn in 2020. Moreover, an increase in the sales of commercial vehicles in the country has largely contributed to the growth in overall lubricant consumption.

In addition to this, passenger vehicles have been the second largest consumers of lubricants in the Philippines 2021. The sales of passenger vehicles in the country registered significant growth. Furthermore, the presence of other vehicles in the Philippines are comparatively much more than the aircrafts and railways operating and visiting the country. Thus, these segments have a limited demand for lubricants.

2. The Philippines Lubricants Market generated high revenue in 2021 owing to the country’s high oil imports

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The boosting economy of the Philippines has been supported by the growth of revenues generated by the manufacturers offering lubricant oils to various customers across automotive and industrial sectors.

At present, the Philippines Lubricant Market is at growth stage with establishment of many national and international companies such as Phoenix, Shell, Chevron and more. It is highly dependent on crude oil import from other nations. Surprisingly crude oil prices continued to soar in May 2022 amid supply concerns and the prolonged Russia-Ukraine war.

3. Online Channel sales by companies are expected to attributed majority of share out of the total sales for automotive lubricants followed by Dealer Network in 2026F

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The global pandemic has led consumers to migrate from in-store purchasing to online which includes online purchase of industrial as well as automotive lubricants from online platforms hence online channel are expected to have comparatively more market share than dealers and distributors.

Dealers Network are expected to expand their business via online and in-shop channels to offer both local and branded lubricants in distinguished quantities demanded by the customers.

Nigeria Mattress Market is forecasted to grow further into ~% opportunity by 2028F: Ken Research

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Focus on increase in per capita income on home care, affordability of mattresses, favorable government policies and expansion of healthcare and hospitality sectors in the market are major growth drivers contributing towards the development of Mattress Market in Nigeria. 

Impact of Pandemic on the mattress market: The COVID-19 pandemic has had a strong impact on the sleeping mattress market. However, with the presence of online shopping as well as doorstep delivery sleeping mattress market witnessed a pace in demand over the mid-months of 2020. In addition, barriers to movements of goods have forced the market to depend on domestic production and local manufacturing. Also, many consumers seek comfort in their homes. Owing to this, the demand for sleeping mattress surged, keeping the market afloat during the year-long pandemic period.

Innerspring and King-Size mattresses dominated the market: Spring mattress was observed as the most popular type of mattress and under the spring category, the pocket spring type was the most selling type in the country. The remaining market share was captured by foam and latex and other mattress segment in Nigeria during 2018-2023P. Moreover, King size and super king size mattress segment was observed to dominate the Nigerian mattress market during the year 2023P because of large physique and good height of the male population. The remaining market share was collectively captured by queen size, double size and single mattress segments.

Market Structure of Nigeria’s mattress industry: Organized market in Nigeria represents the popular mattress manufacturers majorly operating in the urban areas of the country that distribute their products through a structured distribution channel. Organized market players are known for producing high quality mattress by using spring, foam, premium foam combinations and other quality materials. Organized sector dominated the mattress market owing to the significant presence of both local and the international players. Unorganized sector had limited penetration in the country’s mattress market during 2023.

Analysts at Ken Research in their latest publication “Nigeria Mattress Market Outlook to 2028F- By Type of Mattress (Alternating Pressure Mattress, Gel, Hybrid Mattress, Innerspring, Latex Mattresses, Memory Foam), By Size (Full, King, Queen, Twin), By Business Model (Lease, Outright Sale), By Distribution Channel (Retail and Direct) and By End User (Commercial, Hospitals, Residential).”Geographically, Nigeria generated a large revenue in the African mattress market in 2023, owing to the high demand for mattresses in the medical and hotel industries in the country. Consumers are prioritizing sleep as a crucial factor contributing to high-energy levels, happiness, and productivity. Further, growing awareness regarding mattress types and brands, and growth in e-commerce and online retail sectors are projected to expand the mattress industry in the country in the long run. The market is expected to grow at a CAGR of ~% during 2023-2028F owing to the above-mentioned factors.

Key Segments Covered in the report

Nigeria Mattress Market

• By Type of Mattress

• Alternating Pressure Mattress
• Gel
• Hybrid Mattress
• Innerspring
• Latex Mattresses
• Memory Foam

• By Size

• Full
• King
• Queen
• Twin

• By Business Model
• Lease
• Outright Sale

• By Distribution Channels
• Retail
• Direct

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• By End User
• Commercial
• Hospitals
• Residential

Key Target Audience

• Mattress Raw Material Producers
• Mattress Manufacturers, Importers and Trader
• Investors
• Distributors / Retailers / Stockists
• Mattress Specialist Retailers
• Hotels
• Tourism Associations
• Mattress Internet Retailers
• E-Commerce companies
• Investors
• Industry Associations
• Consulting Agencies
• Government Bodies & Regulating Authorities

Time Period Captured in the Report:

• Historical Period: 2018-2023P
• Base Period: 2023P
• Forecast Period: 2023P-2028F

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Companies Covered:

Leading companies

• Euro products Nigeria ltd
• Mouka Foam
• Polly Foam
• Teju Industries
• Vitafoam Nigeria ltd
• Vono Products Plc
• ARCO Foam
• Bode Foam Industries ltd
• Climax Industries ltd
• Dunpillo products Nigeria ltd
• Harafoam & Chemicals ltd
• Mercury Foam & Icon Furniture
• Royal Foam Products
• Unifoam ltd
• Winco Foam

Key Topics Covered in the Report

• Executive Summary
• Research Methodology
• Nigeria Mattress Market Introduction and Value Chain Analysis
• Nigeria Mattress Market Size, 2018-2023P
• Nigeria Mattress Market Segmentation, 2023P
• Trade Scenario in Nigeria Mattress Market (Import and Export), 2018-2023P
• Decision Making Process before purchasing Mattresses in Nigeria
• Trends and Developments in Nigeria Mattress Market
• Issues and Challenges in Nigeria Mattress Market
• Porter's Five Forces Analysis for Nigeria Mattress Market
• Regulatory Framework in Nigeria Mattress Market
• 4 P’s Analysis in Nigeria Mattress Market
• Comparative Landscape in Nigeria Mattress Market
• Nigeria Mattress Market Future Outlook and Projections, 2023P-2028F
• Analyst Recommendations
• Industry Speaks
• Research Methodology

For more information on the research reports, refer to below link:

Nigeria Mattress Market Outlook to 2028F

Related Reports:

Brazil Mattress Market Outlook To 2027F

Australia Hotel Mattress Market Outlook to 2025 

Global Bed Mattress Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Saudi Arabia Residential, Hospitality and Commercial Furniture Market Outlook to 2023

Net Promoter Score Is a Great Way to Track Change Over Time: Ken Research

 While different businesses aim for customer loyalty and customer satisfaction to rise revenue, it is very rare to get good results if you don’t have promised employees. Turnover is an enormous cost and it takes on average the equivalent of 6–9-month worth of salary to find and train a new employee. Research also presents that organizations with extremely promised employees have an augment in sales. Their enthusiasm rubs off on their co-workers carrying enhanced productivity and better experiences for clients, therefore the augment in revenue. The key for company leaders is understanding employee engagement levels and knowing how to advance them. The traditional once-a-year employee survey commonly doesn’t suffice anymore. But how do you get begun?

The Net Promoter Score is reliant on short loyalty surveys designed to map the status of the concerned one in general or in precise transactions. It may also be utilized internally to get insights into employee relations. The types are utilized to benchmark customer’ or employees’ experiences to determine areas of advancement.

• Employee Net Promoter Score: It follows the same construct as the Net Promoter System for measuring customer loyalty. It is reliant on a survey question posed to employees on a scale of zero to how probably worth recommending your organization as a place to work.
• Supplier Net Promoter Score: Supplier NPS is a supplier experience metric that enables you to measure how loyal and employed your suppliers are. It's reliant on the Net Promoter Score (NPS), which is one of the most prominent metrics used to measure customer loyalty.
• Consumer Net Promoter Score: Customer Net Promoter Score is a proven methodology for measuring customer loyalty through first-hand feedback. It s a popular customer experience metric owing to it being effective, simple, and correlated to revenue growth.
• Brand Awareness Net Promoter Score: It carries you a speedy perspective on what customers who are familiar with your brand think about it. It can aid you to figure out your brand recall value of provide you with an understanding of how individuals first heard about it.

Why is the Net Promoter Score crucially imperative to businesses?

• To aid businesses to evaluate customer loyalty: It aids businesses to survey the proportion of customers’ loyalty to the company’s products or services and willingness to recommend them to other individuals. According to studies, the cost of retaining an old customer is less than that of finding a new one, and the profit from an old customer is much greater than that from a new one.
• To assist businesses to determine their position in customers’ minds, thereby making new strategies or appropriate moves. NPS not only aids to determine the number of loyal customers but also reflects the complete image of consumer satisfaction, thus assisting companies to adjust their business and marketing strategies to encounter customer requirements.
• It is convenient to benchmark against competitors: NPS is an international recognized system, which makes it easier for you to benchmark against competitors and track your progress equalled to the rest of your industry. Finding benchmarks within your local geographic region is also a simple matter.

We Carry Seamless and Meaningful Insights for The Future Growth: Ken Research

Market spaces are very exciting in nature. In an attempt to cope with these constant eccentricities, market participants are frequently in requirement to research and consulting studies. We take the conceit in serving our clients with the maximum superiority with necessities tailored to excerpt cost-effectiveness. We propose subscription services to our clients and deliver unrestricted admittance to syndicated and ad-hoc research studies in amenableness with this service.

Dossier 360 is a first-class subscription platform that successfully bargains a comprehensive grouping of over 10,000+ Premium Industry Reports, Press Releases, Speculation and Economy news, 30,000+ equity and private enterprise reports, Due Diligence Reports plaid from 100+ Renowned International Publishers and Sources. The podium proposes an entrance to the biggest assembly of relevant and genuine news and business content entailing global news, company news, industry apprises, country analysis, overriding information, and public records. In addition, the Dossier360 proposes a streamlined and instinctual interface that makes it serene for the user to enter the subscription platform.

Subscription-based market research services can be a fool-proof and cost-efficient substitute to individual Automotive Research Report Subscription purchasing, making your job calmer, more informative, and most of all, more talented. Pursue reading to learn about the accurate benefits Syndicated Research Report Subscription Services can deliver for you and your business.

• Tailored Solution: The team of Ken Research at Dossier 360 will function with you to build the subscription that happenstances your requirements from our widespread variability of research products.
• Instant Access: Subscription Services provide you instant admittance to a library of Subscription Based Intelligence Report or any industry-precise market research reports. In addition, a subscription permits you to attain admittance to a selection of our extensive product range focused on your industry. Simply outline your area of interest and requirement and we will help you to create a subscription that best suits your demands.
• Get Customized Insights: With our Logistics Research Report Subscription Services, you have the selection of personalization so you can be poised you are getting precisely the information you demand.

Although, Ken Research specializes in the in-between to a large magnitude, robust turnaround market research ventures and surveys in the industries, challenging corporates, market size, technologies, and occasions. Not only this, team at Ken Research also isolate the scenes and built administrative contact lists for both domestic and nationwide markets. With us, Market research reports subscription database you admirably obtain the industry benchmarks, statistics, industry financial proclamation averaged, revenue determinations, market structure, company lookouts, and comparisons. You can positively elect from the generous of industries, we updated frequently and can download straightaway in the PDF form after gaining the subscription blueprint.

Our experts promise to carry seamless and meaningful insights for future growth and opportunities with a research commencement to assist you in winning a clear picture of the market. An acquaintance in market research expressions our team to inaugurate well-versed decisions and endorsements for discouraging perils and indorse a path of supportable growth. 

The Oman crop protection market size is anticipated to expand at a substantial CAGR in the upcoming years owing to increasing requirement for solutions to improve agricultural productivity: Ken Research

 The Oman crop protection chemicals market is moderately fragmented with major global and national players occupying almost half of the market. The key players operating in the market are not only competing based on product quality and promotion but are also focusing on strategic moves to hold larger market shares. The major companies dominating the Oman Crop protection market for its products, services, and continuous product developments are Bayer CropScience, BASF, DuPont, Dow Agrosciences, Marrone Bio Innovations among others.

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• The Oman crop protection chemicals market is projected to witness a CAGR of ~ % during the forecast period 2022 to 2027F.

• Advent of new agricultural technologies & increasing population growth rate with rise in calorie intake per capita has not only fuelled the overall demand for food grains but has also resulted in an increase in the demand for agricultural pesticides.
• The diminishment of agricultural land, the need to increase agricultural productivity & other factors related to the spheres of agriculture.

Sustainable Agricultural Practices: Climate change has compelled the governments to start adopting sustainable practices in every sphere including the agricultural scenario. Organic pesticides are something that are expected to capture the market in the upcoming years even though currently their usage & overall demand & supply is not up to the level expected. This will not only help the farmers grow crops that are eco-friendly but will also ensure that the soil has a long life.

Dry Climate: Even though the market has a profitable potential, the farmers are not able to export a huge portion of their crops to western countries. This is because of the pesticides used by them. The irony to this is the fact that the majority of the manufactures of those chemicals are based in Europe and North America. The dry climate of the region, coupled with the lack of natural irrigation has forced the farmers in the region to rely on the use of crop protection chemicals for a better yield. Thus, by the end of the forecasted period, the regional market is likely to reach a value of USD ~ Billion. The diminishment of agricultural land, the need to increase agricultural productivity, and other factors related to the spheres of agriculture, economy and society are driving the market in Oman.

Analysts at Ken Research in their latest publication, “Oman Crop protection Market Outlook 2027F- Driven by government regulations & technological innovations” by Ken Research observed that Oman Crop protection Market is in a growth phase & is  expected to witness a growth rate of ~% in the upcoming years owing to an increasing demand for agricultural productivity. It is to be noted that the Oman crop protection chemicals market is moderately fragmented with major global and national players occupying almost half of the market with companies competing not only on the basis of product quality and promotion but also on the basis of strategic moves with the aim of capturing a larger market share.

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Key segments covered

By Type of Chemicals FY’22 & FY’27

• Synthetic
• Biopesticide

By Type of product FY’22 & FY’27

• Herbicide
• Insecticide
• Fungicide
• Others

By Type of Crop FY’22 & FY’27

• Grains & Cereals
• Pulses & Oilseeds
• Commercial Crops
• Others

Key Target Audience

• Crop Protection Companies
• Crop Protection Associations
• International Investors
• Chemical Companies
• International Crop Protection Companies
• Venture Capitalist Firms
• Agrochemical Manufacturers
• Raw Material Suppliers
• Research & Development Institutes
• Government Bodies & Regulating Authorities

Time Period Captured in the Report:

• Historical Period: FY’17- FY’22P
• Base Year: FY’22P
• Forecast Period: FY’22P – FY’27F

Companies Covered:

• Bayer Crop Science
• BASF
• DuPont
• Dow Agrosciences
• Marrone Bio Innovations

Key Topics Covered in the Report:

• Executive Summary of Oman Crop Protection Market
• Market Size of Oman Crop Protection Market
• Market Segmentation of Oman Crop Protection Market
• SWOT Analysis of Oman Crop Protection Market
• Trends and Developments in Oman Crop protection Market
• Regulatory Bodies of Oman Crop Protection Market
• Overview of Oman Crop Protection Challenges and restrains
• End User Analysis of Oman Crop Protection Market
• Competitive Analysis of Oman Crop protection Services
• Future Outlook of Oman Crop Protection Market
• Covid Analysis of Oman Crop Protection Market
• Analyst Recommendations

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

Future Outlook of Oman Crop Protection Market

Related Reports by Ken Research: –

Nigeria Crop Protection Market Outlook to 2027F

Brazil Crop Protection Market Outlook to 2027F

Netherland Crop Protection Market Outlook to 2027F

The Pakistan Logistics Market is expected to grow owing to attention of various multinational companies and advanced technologies: Ken Research

 Pakistan Logistics Market is at growing stage and has fragmented market with about 300+ Logistics Company. The industry has witnessed an emergence of more than 50 players over the past years with Fed Ex and DHL emerging as market leaders.

Key Findings

• Government initiated Vision 2025 to create an efficient, competitive and environmentally friendly logistics system in accordance with regional and international perspectives which will boost the Pakistan Logistics Industry.

• Development of six logistics corridors, including major transport and cargo systems, such as roads and rivers linking to border gates and ports will stimulate economic growth of the country.

Emerging needs for the supply chain: Pakistan’s logistic industry is still very young, but one with great potential. With many multinational companies recognizing that possibility, an opportunity for Pakistan’s logistic sector to grow is a given. A constant need for supply chain management is rising rapidly, which, if adequately shaped, will stand firm in the coming future. Its need is something that cannot be avoided. Thus, over time, more and more companies will notice the importance of the supply chain and logistics factors and adapt to the model. That being said, in the coming years, Pakistan’s logistics industry is bound to grow in leaps and bounds.

Paving the way with Agro-industry: Another aspect that will guarantee the growth of the logistics industry in Pakistan is its agro-industry. Pakistan is a country that depends primarily on agriculture. It is also a given that the agricultural sector relies heavily on the logistics industry. With modern technologies being introduced in the logistics industry, its demand will increase in the farming industry. This will perhaps be a parallel advancement— as the logistics industry will grow, its demand in the agro-industry will grow alongside, thus growing both the industry simultaneously.

Focus on export: The scenario of export in Pakistan is not strong. This is the reason why the government is focusing a lot on that section. However, to make export stronger, a good part of it would need to depend on the logistics and supply chain industry. This creates an excellent opportunity for the logistics industry. Companies that recognize this opportunity will be able to pave a good path for the logistics industry, thus setting deep roots for it in the coming years.

Analysts at Ken Research in their latest publication “Pakistan Logistics Market Outlook to 2027F- Segmented by Type of End Users by revenue(Food and Beverage, Industrial & Construction, Retail, Automotive and Engineering, and Others), Type of Warehousing Space(Tech/ Non-Tech, Organized/ Unorganized, and Racked/ Unracked), Type of Domestic/ International Shipments” by Ken Research observed that logistics market is an emergent transportation and warehousing market in Pakistan at a growing stage from the economic crisis after pandemic. The rising government policies and demand for logistics services, CPEC along with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a ~% CAGR during 2022P-2027F owing to the rise in economy of the country, increasing regional connections and new government policies.

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Key Segments Covered in the report:

Pakistan Logistics Market

• Pakistan Freight Market
• Pakistan Warehousing Market
• Pakistan CEP Market

Pakistan Freight Market:

• By End-Users
• Food and Beverages
• Industrial & Construction
• Retail (Garment, Cosmetics)
• Automotive & Engineering
• Others (include telecom, Horticulture)

By Domestic/International

• Domestic
• International

By type of Mode

• Sea
• Road
• Air
• Rail

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By 3PL/Integrated

• 3PL
• Integrated

By Type of Fleet

• Small Fleet Operators
• Medium Fleet Operator
• Large Fleet Operators

Pakistan Warehousing Market:

By Warehouse Space

• Tech Enabled Warehouse Space
• Non-Tech Warehouse Space

By Warehouse Space

• Organized Warehouse Space
• Unorganized Warehouse Space

By Warehouse Space

• Racked Warehouse Space
• Unracked Warehouse Space

By Business Model

• Industrial / Retail
• ICD/ CFS
• Cold Storage

By Area

• Closed
• Open

By 3PL/Integrated

• 3PL
• Integrated

By End-Users

• Food and Beverages
• Industrial & Construction
• Retail (Garment, Cosmetics)
• Automotive & Engineering
• Others (including telecom, Horticulture)

By Region

• Karachi
• Lahore
• Islamabad

Pakistan CEP Market:

By Domestic/International

• Domestic
• International

By Business Model

• B2B
• B2C
• C2C

By Type of Shipment

• Same Day
• Next Day
• Two Days
• More than 2 Days

Key Target Audience:

• E-commerce Companies
• Third-Party Logistic Providers
• Potential Market Entrants
• Freight Forwarding Companies
• Warehousing Companies
• Cold Storage Companies
• Industry Associations
• Consulting Agencies
• Government Bodies & Regulating Authorities

Time Period Captured in the Report:

• Historical Year: 2017-2022P
• Base Year: 2022P
• Forecast Period: 2022P– 2027F

Companies Covered:

• Sprint Packers n Movers
• Bismillah Logistics Pvt. Ltd
• Speedaf Logistics Pakistan
• KMW Domestic & International Courier & Cargo (Pvt.) Limited
• Atlas Logistics
• PK Logistics & Supply Chain Management (Pvt) Ltd.
• Simply Logistic Services
• MAERSK
• DHL Express
• Fed Ex
• Hertz
• XPO
• Blue EX

Key Topics Covered in the Report:

• Overview of Pakistan Logistics Infrastructure
• Trends and Developments in Logistics Industry in Pakistan
• SWOT Analysis in Logistics Industry in Pakistan
• Government Initiatives in the Pakistan Logistics Industry
• Issues & Challenges in Pakistan Logistics Market
• Impact of Covid-19 & Military Coup in Pakistan
• Ecosystem of Major Entities in Pakistan Logistics market
• Freight Aggregator Market Along with Business Models
• Technological Innovations in Warehousing Industry
• Pakistan Logistics Current and Future Market Size and Market Segmentations
• Competition Landscape in Freight Warehousing & CEP Market in Pakistan

For more information on the research reports, refer to below link: –

Future Outlook of Pakistan Logistics Market

Related Reports by Ken Research: –

USA Logistics Industry Outlook to 2026

Australia Logistics Market Outlook to 2025

Germany E-Commerce Logistics Market Outlook to 2026F

 

Germany Car Rental Market is expected to grow owing to shifting consumer preferences, inter travel between the cities with sightseeing in the tourist spots: Ken Research

 Germany Car Rental Market is at growing stage and has moderately fragmented market with about 10-12 organized rental car providers. The Car Rental Market in the Germany has seen emergence of more players over the past 5 years. SIXT SE, Enterprises Holdig Inc., Europcar, and AVIS are market leaders in Germany.

Key Findings

• In July 2022, Sixt announced that it is expanding its electric vehicle (EV) lease offerings in Germany. The Company has now German-made Tesla Model Y Performance available for lease to the users of the electric vehicle in Germany.
• Growth rate of total car rental market is going to increase over the period as car leasing becomes easier, and market penetration rates increase in the country.
• The tourism sectors in cities are expanding, which is expected to have a beneficial impact on the Indonesian car rental market growth.

Technological Advancement: Technological advancement and digitalization are factors assisting market players to stay ahead of the competition. Car rental services are often complemented by websites, allowing online reservations and car rental offices are primarily located near airports or busy city areas. Alongside the basic rental of a vehicle, car rental agencies typically offer extra services, such as GPS navigation systems, insurance, and entertainment systems.

Long Term Car Renting to Gain Momentum: Considering the fact of the cost associated with buying a new vehicle and its maintenance, the longer-term car renting market is expected to witness elevated demand during the forecast period. With the outbreak of the COVID-19 pandemic, the demand fell drastically as most of the offices shifted their work to a work-from-home policy, and tourists were not allowed in the country to restrict the virus from spreading. However, with the gradual opening of the economy and businesses, the demand is returning to the market, and it is expected that the market may grow at a high rate during the forecast period and because of these things market is coming back to its feet with new trends and development.

Support for sustainable travel boosts interest in train and bus transport: With broader challenges confronting all travel operators during the pandemic, car rental companies have suffered many of the same losses as other modes of transportation, such as airlines and trains, as a result of pandemic-driven demand for private travel options to non-urban destinations. However, as normal travel patterns resume in the coming years, car rental companies will face more direct competition from other modes of ground transportation, such as trains and buses, which will also seek a larger share of the more localized domestic and regional trips that are likely in the coming years, given the longer-term challenges facing long-haul travel.

Analysts at Ken Research in their latest publication “Germany Car Rental Market Outlook to 2027F- Segmented by Market Structure (Organized Market and Unorganized Market), By Type of Vehicles (Small Cars/Hatchbacks, Sedans, SUV and Others, By Ice/EV (Ice (Internal Combustion Engine) And Electric Vehicles, By Cities (Berlin, Hamburg, Munich and Others), By Mode of Booking (Online and Offline), By Client (Business and Leisure and By Pick-Up (On-Airport and Off-Airport).” observed the potential of the Car Rental Market in Germany. The expansion of the tourism industry with rising foreign tourists in Germany and On- Demand for transportation, the rising internet population in the country, and increasing demand from customers along with government incentives on electric vehicles are expected to contribute to the market growth over the forecast period. The Germany Car Rental Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

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Key Segments Covered in the report

Germany Car Rental Market

By Market Structure:

• Organized market
• Unorganized market

By Type of Vehicles:

• Small Cars/ Hatchbacks
• Sedans
• SUVs
• Others

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By ICE/EV:

• ICE (Internal Combustion Engine
• Electric Vehicles

By Cities:

• Berlin
• Hamburg
• Munich
• Others

By Mode of Booking:

• Online
• Offline
• By Client:
• Business
• Leisure

By Pick-up:

• Off-Airport
• On-Airport

Key Target Audience

• Car Rental Service Providers
• Car Rental Companies aiming to establish in Germany
• Germany’s automotive industries
• Government Bodies & Regulating Authorities
• Venture Capitalist targeting the car rental market
• Automotive industry association
• Car Manufacturers
• Existing Car Rental Companies
• OEM Dealerships
• New Market Entrants
• Investors
• Car Rental Associations

Time Period Captured in the Report:

• Historical Year: 2017-2022
• Base Year: 2022
• Forecast Period: 2022– 2027F

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Companies Covered:

• Europcar
• Sixt
• Avis
• Hertz
• Alamo
• Buchbinder
• Budget

Key Topics Covered in the Report

• Overview, Operating Models and Company Profile of the Automotive Industry in the Germany, 2022
• Overview, Genesis and Ecosystem of Car Rental Market in Germany, 2022
• Business Cycle, Timeline, and Value Chain Analysis of Car Rental Market in Germany
• Germany Car Rental Market Sizing, 2017- 2022P
• Market Segmentations of Car Rental Market in Germany (by Market Structure, by Type of Vehicle, by ICE/ EV, by Mode of Booking, by Pick-up, by Client, by cities), 2022
• SWOT Analysis and Growth Drivers of Germany Car Rental Market
• Government regulations of Germany Car Rental Car Electrification Market
• Trends, Developments and Challenges of Germany Car Rental Market
• Competitive Analysis of Car Rental Market in Germany
• End User Analysis of Car Rental Market in Germany
• Future Outlook and Projections of Car Rental Market in Germany, 2022-2027F
• Market Opportunities and Analyst Recommendations

For more information on the research reports, refer to below link: –

Future Outlook of Germany Car Rental Market

Related Reports by Ken Research: –

Netherlands Car Rental Market Outlook to 2027F

Saudi Arabia Car Rental and Leasing Market Outlook to 2023

South Africa Car Rental and Leasing Market Projections to 2023

Global Remote Patient Monitoring Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

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What is the Size of Global Remote Patient Monitoring Industry?

Global Remote Patient Monitoring market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Remote Patient Monitoring Market is largely driven by the rising usage of digital technologies in the healthcare sector.

Remote patient monitoring services are predicted to become more prominent as the occurrence of chronic diseases such as diabetes, cancer, heart disease, and hypertension rises, among other conditions. By providing early warning signs and progress indicators, remote monitoring systems support medics in initiating treatment as soon as feasible for chronic diseases.

Patients and doctors frequently struggle with inexperience with new procedures and are reluctant to abandon their current (traditional) procedures. The inexperience with technology that elderly persons may have hinders them from using telehealth and telemedicine services.

The COVID-19 pandemic put a massive strain on overburdened and understaffed hospitals and healthcare systems around the world. The use of remote patient monitoring technologies during the pandemic allowed patients to stay safe in their own homes while easing the burden on hospitals, emergency rooms, and front-line medical staff. It had a positive effect on the market.

Global Remote Patient Monitoring Market by Component Type

The Global Remote Patient Monitoring Market is segmented by Component type into Devices and Software & Services.

The device segment dominated the market in 2022, the high growth rate is attributed to the rise in chronic diseases like diabetes, Chronic Obstructive Pulmonary Disease (COPD), blood pressure, and mental health along with the rising need for home monitoring devices.

The versatility of the devices, specifically the monitor's section, to track clinical data prior to and following surgery, diagnose symptoms, and prevent complications, contributes to their dominance of the market. Furthermore, advanced features additionally enable early diagnosis and broader applicability of the devices, such as wireless communication and iPad compatibility.

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Global Remote Patient Monitoring Market by Product

The Global Remote Patient Monitoring Market is segmented by Product into Vital Sign Monitors and Special Monitors

The vital sign monitors witnessed the highest market share in 2022, due to the extensive adoption of these monitors in recent years.

With the help of a vital sign monitor, a patient's Electrocardiogram (ECG), non-invasive blood pressure, body temperature, respiration rate, and brain activity can be properly monitored. This product's popularity is anticipated to expand throughout the forecast period as a result of the integration of many vital sign monitors into a single system, which will result in higher adoption.

Since devices are frequently used, vital sign monitors are predicted to expand at the fastest rate during the projected period.

Global Remote Patient Monitoring Market By End - User

The Global Remote Patient Monitoring Market is segmented by End-User into Hospitals and Clinics, Home Care Settings & Long-Term Care Centers, Ambulatory Care Centers, Passive Exoskeletons, Payers, Patients and Others.

Hospitals and Clinics segment accounted for the highest market share in 2022, owing to advancements in RPM monitoring technology, and an increase in the number of RPM services offered by hospitals and clinics.

This is primarily due to medical facilities that can utilize remote monitoring to cut back on the use of expensive services like the Emergency Department (ED) and to lower expenditures associated with healthcare.

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Global Remote Patient Monitoring Market By Applications

The Global Remote Patient Monitoring market is segmented by Applications into Cancer, Cardiovascular Diseases (CVD), Diabetes, Sleep Disorder, Weight Management & Fitness Monitoring, Bronchitis, Infections, Virus, Dehydration, Hypertension and Others

Cardiovascular disease has emerged as the main application category as a result of the disease's increased occurrence. During the projected period, it is anticipated that the aging population and the prevalence of chronic diseases will have a substantial impact on growth globally.

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Global Remote Patient Monitoring Market: Ken Research

Global players and investors are rapidly expanding the BNPL industry in KSA through investment, funding, and acquisition: Ken Research

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1.  The Covid-19 epidemic is a catalyst for energizing and opening up the BNPL market in the nation, together with external investments made in the sector

Recent years have seen a substantial increase in digital transactions in Saudi Arabia. Which is one of the main causes for the rise of digital credit lending in the nation, including BNPL. The ideal fintech innovation, BNPL, was created in response to consumer demand for alternatives to the debt-based credit card system.  BNPL participants in the region are implementing solid CX business strategies together with alliances with top regional banks, like the Saudi National Bank (SNB). Moreover, these companies are making their mark by adding value and providing customers with simple financial products.

2. The KSA market for buy now pay later has seen substantial growth by the end of 2022 and a CAGR of 135% between 2019 and 2022

The buy Now pay later industry in KSA generated several million dollars in revenue in 2022, expanding at a CAGR of 135% from 2019 to 2022P. Many residents lost their jobs as a result of the COVID-19 outbreak, leaving them to rely primarily on their savings. As a result, there was a greater need for an additional credit line, which the BNPL services could satisfy. Prior to a few years ago, the bulk of the region's population was underserved by financial services companies. Even though individuals are well-banked, credit card penetration was at an all-time low, which helped BNPL gain popularity quickly when it first started in the area.

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3. With an expanded consumer base and collaborations with merchants and retailers, BNPL players have seen a surge in the country in a short period of time

The number of businesses providing BNPL solutions in the Middle East has increased in only one year. Its user base is advancing at a rate that is commensurate with the amount of activity taking place there. When compared to prior years, a sizable portion of Saudi Arabian consumers used BNPL payment methods like Tamara in 2021, and more clients are now investigating BNPL services. Moreover, the impact of COVID-19 is starting to lessen, which is causing the offline shopping mode to reemerge. Players in the BNPL won't let the chance go by. They have already begun collaborating with top retailers to offer BNPL at checkout points in real locations as a point-of-sale financing option.

4.  The expansion of the BNPL business in KSA faces significant challenges from credit recovery combined with excessive client expenditure supported by persistently high competition

Issuers of BNPL services run the danger of not being able to recoup loan sums if customers don't repay on time. Although there is a carry-over fee associated with the late amounts, consumers may continue to incur additional costs. With this, the regulators are concerned about the increased risk to consumers and the rapid growth of the BNPL sector, due to these methodologies' assessment of unsecured credit risk and impulsive purchases rise. In addition, the BNPL industry in KSA is also highly competitive. There are few major players operating in the landscape, which implies that other players cannot purely constrain themselves as BNPL player to operate in the market. Companies in the nascent or growth stage need to figure out multiple revenue streams and different methods of financing such as a card, cashback, and loans or quick financing. Moreover, companies have to adopt interest free model in order to adhere to Sharia Laws.

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KSA Buy Now Pay Later Market

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UAE Buy Now Pay Later Industry Outlook to 2027: Driven by adoption of cashless society, increasing Genz & millennials population coupled with shifting preference towards easy interest free extra credit line sources

Increase in Lubricants demand due to growth in Industrial use and rising vehicles sales in automotive industry in the country is driving Lubricants Market in Philippines: Ken Research

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Focus on Consumer pain points, Growing end-user industry and Entry of Online portals in the market are major factors contributing towards development of Lubricants Market in Philippines.

Growing Industrial Sector: Surging construction and mining industry in the Philippines has resulted in enhanced application of lubrication in the construction & mining machinery being used in the country. Other industrial sectors such as manufacturing, metal production, power generation, and more have been growing in the Philippines. This has led to installing more machinery and equipment required by the market players operating in the construction, manufacturing, agriculture, mining, iron and steel, electricity and healthcare sector.

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Escalating Automotive Industry: The boosting sales of automobiles in the country have significantly led to the increased consumption of automotive lubricants than industrial lubricants. The increased sales were also supported by the continuous improvement in the refining process of the existing players and the upgradation of refineries by the lubricant’s giants operating in the country. The expanding network of dealers and distributors has also been considered among the most preferred distribution channels to purchase automotive lubricants in the country.

Price of Lubricants and Counterfeit poses major challenges in the country: One of the biggest challenges in the market is the changing prices of finished products and raw materials, which in turn impacts the margins earned by the sellers of lubricants in the Philippines. The prevalence of counterfeit lubricants is also prevalent in Philippines as in other ASEAN countries, in both domestic as well as export market. This significantly affects the participation of players who can provide quality lubricant to end users in Lubricants Market in Philippines.

Covid-19 Impact: The shortage of raw material and labor, the shutdown of factories, and other operational difficulties under COVID-19 safety protocols resulted in the contraction of packaging product sales during the initial months of the pandemic in the country. While the Power and Transport Sector faced major setback during pandemic, the consumption rate of oil and lubricants remains positive in Industrial and Non-Energy Use Sectors in Philippines.

The report titled “Philippines Lubricants Market Outlook to 2026F– Driven by Growth in Crude Oil Import and Rising Sales of Commercial Vehicles in the Country” by Ken Research provides a comprehensive analysis of the potential of Lubricants in Philippines. The report also covers overview and genesis of the industry, market size in terms of revenue generated; market segmentation by type, by grade, by end use, by distribution; growth enablers and drivers, trends and developments challenges and bottlenecks; regulatory framework; end user analysis; competitive landscape including competition scenario, market shares of major players on the basis of revenue generated. The report concludes with future market projections of each product segmentation and analyst recommendations.

Key Segments Covered: -

Philippines Lubricants Market:

By Type, on the Basis of Sales Volume (Mn Lts): 

• Industrial Lubricant
• Automotive Lubricant

By Grade, on the Basis of Sales Volume (Mn Lts):

• Mineral
• Semi-Syntenic
• Synthetic

Philippines Industrial Lubricants Market:

By Type, on the Basis of Sales Volume (Mn Lts):  

• Hydraulic Fluid
• Grease
• Gear Oil
• Metalworking Fluid
• Others (Turbine Oil, Compressor Oil, etc.)

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By End Use, on the Basis of Sales Volume (Mn Lts): 

• Construction and Mining
• General Manufacturing
• Metal Production
• Power Generation
• Food Processing
• Others (Agriculture, Medical, etc.)

By Distribution Channel, on the Basis of Sales Volume (Mn Lts): 

• Dealer Network
• Direct Sales

Philippines Automotive Lubricants Market:

By Type, on the Basis of Sales Volume (Mn Lts): 

• Heavy-Duty Diesel Engine Oil
• Passenger Vehicle Motor Oil
• Transmission Fluids
• Hydraulic Oil
• Greases
• Gear Oils

By End Use, on the Basis of Sales Volume (Mn Lts): 

• Commercial Vehicles
• Passenger Cars
• Motor Cycles
• Marine
• Others (Aviation, Railways, etc.)

By Distribution Channel, on the Basis of Sales Volume (Mn Lts): 

• Dealer Network
• OEM Workshops/Service stations/Local Workshops
• Supermarkets/ Hypermarkets
• Online

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Key Target Audience

• Lubricants Manufacturers
• Lubricants Distributors
• Base-oil Companies
• Additive Companies
• Refining Companies
• Construction and Mining Industry
• General Manufacturing Industry
• Metal Production Industry
• Power Generation Industry
• Food Processing Industry
• Agriculture Industry
• Medical Industry
• Automotive OEMs
• Automotive Dealerships
• Government Agencies
• Consulting and Advisory Firms

Time Period Captured in the Report:

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

Companies Covered:

Lubricants Manufacturers

• Petron Corporation
• Pilipinas Shell Petroleum Corporation
• Caltex (Chevron Philppines)
• Phoenix Petroleum Philippines, Inc.
• SEAOIL Philippines Inc.
• Unioil Petroleum Philippines Inc.
• Liquigaz Philippines Corporation
• Castrol Philippines Inc.
• Total Energies Philippines

Key Topics Covered in the Report

• Philippines Lubricants Market Overview
• Ecosystem of Philippines Lubricants Market
• Business Cycle and Genesis of Philippines Lubricants Market
• Value Chain Analysis for Philippines Lubricants Market
• Growth Enablers in Philippines Lubricants Market
• Bottlenecks and Challenges in Philippines Lubricants Market
• Philippines Lubricants Market Regulations
• End User Analysis of Philippines Lubricants Market
• Vendor Evaluation and Selection Process in Philippines Lubricants Market
• Covid-19 Impact on Philippines Lubricants Market
• Competitive Landscape in Philippines Lubricants Market
• Product Portfolio of Major Players Philippines Automotive Lubricants Market
• Market Opportunity and Analyst Recommendations

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

Future Outlook of Lubricants Market in Philippines

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