Tuesday, January 24, 2023

Increase in smartphone and internet penetration, Government support, young demographic composition and financial literacy is expected to drive KSA BNPL Industry: Ken Research

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  • Online mode of payment will continue to dominate the BNPL industry in KSA due to Sharia compliant which promotes digital payments when compared to offline mode.
  • Covid-19 pandemic lead to substantial growth in the e-commerce industry, with 2.5 times faster than growth before the pandemic, leading to increasing online transactions in KSA.
  • Increasing demand for extra credit line with less stringent KYC procedures without relying on CIBIL scores will be traction for consumers for utilization of BNPL services.

Surging Consumer base: With increasing participation from fintech companies in BNPL ground, its user base is making equally big strides. A major chunk of Saudi Arabian consumers has used BNPL payment methods such as Tamara in 2021 when compared to previous years, with more customers exploring the BNPL services. In just one year, the Middle East region has witnessed an upsurge in the number of companies offering BNPL solutions.

Growing Retailers: With the diminishing Covid-19 impact, the return of the offline shopping mode is being witnessed. BNPL players are not going let the opportunity pass by. They have already started collaborating with leading retailers to offer BNPL at physical stores at checkout points as a point-of-sale financing tool. The growing e-commerce market has pushed the retailers to go for different mode of user-friendly payment mechanisms.

Expanding Partnerships:  BNPL entities are making their mark by creating value for merchants and offering straightforward financial products to customers. BNPL giant Tamara works with global retail leaders like Adidas, IKEA, L’Occitane, , as well as top regional brands like Namshi, Abyat, Faces, Niceone, and , across the GCC. In just one year, the Middle East region has witnessed an upsurge in the number of companies offering BNPL solutions.

Moving to easy cashless credit: Increasing adoption of cashless society with emergence of digital payments fueled by surging working age class will derive the traction of BNPL industry among the users in KSA. With increasing demand for extra credit line with less stringent KYC procedures without relying on CIBIL scores will be traction for consumers for utilization of BNPL services.

The ReportKSA Buy Now Pay Later Market Outlook to 2027- Driven by digitalization, government support as a part of Saudi vision 2030 increasing Genz & millennials population due to influx of expatriates coupled with shifting preference towards easy interest free extra credit line sources” by Ken Research provides a comprehensive analysis of the potential Buy Now Pay Later industry in Saudi Arabia. People shifting from credit cards to BNPL as unlike credit cards, BNPL companies provide easy credit checks which are solely not based upon the CIBIL score, hence providing easy access to the services. Buy Now Pay Later Market in KSA recorded a positive CAGR on the basis of revenue generated in between 2022P and 2027E.

ksa-buy-now-pay-later-market

Key Segments Covered in KSA BNPL Market:-

Market Size of Buy Now Pay Later in KSA

on the basis of Revenue, 2019-2022P

on the basis of Number of Transactions, 2019-2022P

on the basis of Average Order Value, 2019-2022P

Market Segmentation By mode of payment

Online

Offline

Market Segmentation By end user

Ecommerce Giants

Physical Retailers

Travel and entertainment Merchants

Food Merchants

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Market Segmentation By age group

Below 24

24-36

36-50

Above 50

Key Target Audience:-

Bankers and associations

Government associations

Corporates

Investment firms

Government Bodies & Regulating Authorities

Fintech companies

Venture capitalists

Time Period Captured in the Report:-

Historical Year: 2019-2021

Base Year: 2022

Forecast Period: 2023– 2027F

Companies Covered:-

Tabby

Spotii

Tamara

Cashew

PostPay

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Key Topics Covered in the Report:-

BNPL Industry positioning

Socio demographic Outlook of Saudi Arabia

Economic Landscape and Expatriate Population of Saudi Arabia

Overview of Global BNPL Industry

Presence of Global BNPL Players

Disruptors of Credit card Globally

Case Studies of Leading Global BNPL Providers

Trends of BPNL Industry

Market size of BPNL

BNPL transaction process

Key Features and developments in KSA BPNL

Ecosystem of Major Entities in Buy Now Pay Later Industry in KSA

SWOT Analysis of KSA BNPL

Issues and Challenges in KSA BNPL

Investment Analysis of players in BNPL Space

Role of Government and regulations in KSA BNPL

Porter’s Five force Analysis in KSA BPNL

Market Size of Buy Now Pay Later in KSA on the basis of Revenue,  Number of Transactions and Average Order Value, 2019-2022P

Market Segmentation by mode of payment, by end user, and by age group

Future Market Size of Buy Now Pay Later in KSA on the basis of Revenue

Future Market Segmentation by Mode of Payments, by end user and by age group

Future Market Size of BNPL in KSA

Industry Speaks

Analyst Recommendations

Research Methodology

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

KSA Buy Now Pay Later Market

Related Reports by Ken Research:-

India Buy Now Pay Later Market Outlook to 2026: Cascading Growth driven by one-click payment ease, unmatched expediency among lending solutions and free of cost deferment of payments, coupled with rising adoption by Merchant Payments due to increase in Customer Conversion and Sales Value

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

Global Anti-Drone System market revenue to reach US$ 6000 Bn by 2028: Ken Research

 Global Anti-Drone System Market by End-User

The Global Anti-Drone System market is segmented by End-User into Government, Military & Defense, Commercial and Others.

The military & defense segment held the largest market share of the global Anti-Drone systems market in 2022, owing to the increasing government initiatives to adopt counter-drone to monitor terrorist activities.

The rapidly increasing number of terror attacks and illegal activities worldwide has fueled demand for anti-drone machines, which assist in safeguarding the area by preventing unauthorized drones from accessing.

Growing concerns about the security risks posed by uncooperative and unregistered drones to both military and civilian entities were also likely to propel the anti-drone technology market forward.


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Competition Scenario in Global Anti-Drone System Market

The Global Anti-Drone Systems market is highly competitive with ~100 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche tech offerings, such as radio frequency (RF) analyzers, acoustic sensors, optical sensors, radar, GPS Spoofers, high-power microwave (HPM) devices, and more.

Country-Niche players comprise about ~45% of the competitors, while regional players hold a share of ~35%. However, most of the regional and country players are either suppliers of components or assembling partners of global players. Some of the major players in the market include Israel Aerospace Industries Ltd., Leonardo S.P.A, Rafael Advanced Defense Systems Ltd., Droneshield Ltd., Liteye Systems, Inc., Dedrone, DeTect Inc., MBDA, Battelle Memorial Institute, Saab Ab, Boeing, DroneDefense and among others.

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Key Topics Covered in the Report

  • Snapshot of the Global Anti-Drone Systems Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Anti-Drone Systems Market
  • Historic Growth of the Overall Global Anti-Drone Systems Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Anti-Drone Industry
  • Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
  • Covid-19 Impact on the Overall Global Anti-Drones/Counter Drones Market
  • Future Market Forecast and Growth Rates of the Total Global Anti-Drone Systems Market and by Segments
  • Market Size of Technology, Application, and End User Segments with Historical CAGR and Future Forecasts
  • Analysis of the Global Anti-Drone Systems 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

Notable Key Players Mentioned in the Report

  • Israel Aerospace Industries Ltd.
  • Leonardo S.P.A.
  • Rafael Advanced Defense Systems Ltd.
  • Droneshield ltd
  • Liteye Systems, Inc.
  • Dedrone
  • DeTect Inc.
  • MBDA
  • Battelle Memorial Institute
  • Saab Ab
  • Boeing
  • DroneDefense

Notable Emerging Companies Mentioned in the Report

  • Mydefence Communication
  • QinetiQ
  • Raytheon Technologies Corp.
  • SRC Inc.
  • TeleRadio Engineering Pte Ltd.
  • Thales Group
  • ETECT, INC.
  • SKYLOCK

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

  • Drones Manufacturers
  • Drone Components Manufacturers
  • Defense Hardware Companies
  • Drone Solution Service Providers
  • Aerospace Equipment Companies
  • Defense Technology and Software Providers
  • Federal Aviation Administration (FAA)
  • Government Ministries and Departments of Defense
  • PE and VC Firms focused on Defense Sector
  • Startups in Defense Sector
  • Startups in Aerospace Sector
  • Aerospace and Defense Technology Research Organizations
  • Aerospace and Defense Regulatory Organizations

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 Anti-Drone Systems Market

Germany Hyperscale Data Centre Market is in the Growing Stage, Driven by Continuous Efforts of the Government to Improve Digital Economy to Undertake Technological Advancements: Ken Research

New business models are likely to emerge including pay-per-use utility model, built to suit, etc. Location and design, easy scalability, security, infrastructure, sustainable practices and reliable partner are the key determinants for Cloud Services and Hyperscale Data Centre demand.

Covid Led Growth: In the second half of 2020 the corporate organizations used remote working techniques, while educational institutions leveraged technologies such as e-learning and digital collaboration, resulting in surging amounts of data. The high demand for video on-demand services resulted in increasing data traffic. The industry saw an increase in viewing of online and digital content, which was aided by the extensive use penetration of the internet and consumer electronic devices.

Rising Government Support: Continuous efforts of government to improve digital economy of the country has supported companies to undertake technological advancements. The industry is moving towards variety of technological advancement related to IoT and AI. These technologies ensure growth in terms of competitiveness and better customer services.

Role of IOT Devices and Data Traffic: Growing prevalence of IOT devices and increasing data traffic has supplemented demand for data center demand. The increase in the Internet of Things (IoT) devices in the various industries is speculated to propel the growth of the market. The rapidly increasing data traffic is increasing the data storage demand that is resulting in the increasing adoption of hyperscale data center.

IT Sector as Major End User Industry: Advent of mobile data and subscriptions, coupled with their rapid usage, has increased data traffic growth leading Technology. Demand for data centers in Germany is driven by local and international businesses’, growing adoption of cloud-based services, and is underpinned by technological advances. Thus, making IT sector major end user industry for Data Centers in Germany in revenue terms.

Analysts at Ken Research in their latest publication- “Germany Hyperscale Data Center Market Outlook to 2027- Driven by the growing adoption of remote work and surging demand of cloud computing solutions” by Ken Research provides a comprehensive analysis of the potential of the hyperscale data center market in Germany. Growing volume of big data and Low costs to enterprises are expected to contribute to the market growth over the forecast period.

Germany Hyperscale Data Center Market

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Key Segments Covered

  • Segmentation By End Users:
  • Enterprises
  • Cloud Providers
  • Segmentation By Industry Users:
  • Technology
  • BFSI
  • Telecom
  • Healthcare
  • others
  • Segmentation By Type of Solutions provided:
  • Storage
  • Network
  • Server

Key Target Audience

  • Data Centers Service Providers
  • Telecom Companies
  • Governments
  • Cloud Providers
  • Information Technology Companies
  • Telecommunication Service Providers
  • Enterprises

Time Period Captured in the Report:

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

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Companies Covered:

Supply Side Companies

  • Vantage Data Center
  • CyrusOne
  • Equinix
  • Iron Mountain
  • Cloud HQ
  • Stack infrastructure
  • Interxion

Demand Side Companies

  • Amazon web services
  • Oracle
  • IBM
  • Microsoft

Key Topics Covered in the Report

  • Executive Summary
  • Country Overview of Germany
  • Market Overview of Hyperscale Data Center in Germany
  • Market Size of Hyperscale Data Center Industry in Germany on the basis of Volume and Revenue, 2017-2022P
  • Market Segmentation of Hyperscale Data Center Industry in Germany, 2022P(By End Users and Industry Users, and By Solutions Provided)
  • Industry analysis
  • Growth Drivers of Hyperscale Data Center Market
  • Government Rules and Regulations in Germany Hyperscale Data Center Market
  • Issues and Challenges and Trends in Germany Hyperscale Data Center Market
  • TAM, SAM, SOM of Germany Hyperscale Data Center Market
  • Demand Analysis of Germany Hyperscale Data Center Market
  • Competitive Landscape
  • Value Chain Analysis
  • Market Segmentations; Competition; Future Market Size, 2027)
  • Competition Landscape
  • Cross Comparison of Major Companies on the basis of Data Centers, Location, Employees, Revenue and Certifications
  • Strengths and Weakness of Major Players in Germany Hyperscale Data Center Market
  • Future Outlook and Projections, 2022P-2027F
  • Future Market Segmentation(By End Users and Industry Users, and By Solutions Provided)
  • Analyst Recommendations
  • Research methodology

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

Future Outlook of Germany Hyperscale Data Center Market

Related Reports by Ken Research: –

South Africa Hyperscale Data Center Market Outlook to 2027

Malaysia Data Center Market Outlook to 2026

Indonesia Data Center Market Outlook to 2026

Monday, January 23, 2023

KSA Fintech Market Outlook to 2027: Ken Research

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KSA Fintech Market is in the growing stage, being driven by Government Initiatives and availability of modern technologies. Fintech Market in KSA has various players. Total number of Fintechs in KSA is 147.

 Key Market Findings:                   

  • The demographics outlook of KSA is changing with young generation being more tech-savvy and embracing innovation in the services.
  • A strong indicator of growth in this market is rise of new industry verticals like digital banking, crowd lending, infrastructure rise in digital payments and innovations in the capital market of KSA.
  • The surging growth is because of many government initiatives and regulations like Digital Banking, Open Banking etc.

KSA Fintech Market

Current Market Positioning: The industry is moving towards digital advancement and technologies such as AI and ML to improve capabilities. Other government regulations and initiatives are being introduced in the region to support the development of Fintech industry like Digital Banks, Open Banking.

Rising Investment Activity: The investment activity in the Fintech Industry is also increasing every year with many Fintech players forging partnerships with international Fintech players, Investors and other companies in order to expand into nearby markets, add to the existing product lines and achieve innovation to capture more market.

Increasing Convergence in The Fintech Industry: KSA Fintech Market is experiencing convergence of sector, increase in SME lending via Online Platforms and development of new Technologies. The competition to Fintech firms is increasing due to many non-financial sector firms like Telecom, Media etc. incorporating financial solutions on their platforms. This shows the increasing convergence in the Fintech Industry.

The Dominance of Payments and Currency Exchange: Payments and Currency Exchange will continue to dominate the market share of 23% in the KSA Fintech Market with a GTV of more than USD 20 Bn in 2027. Lending and Finance will have a share of 21% in the KSA Fintech Market with a GTV of USD 21.25 Bn in 2027. Lending and Finance experienced a rise in share from 19% in 2022 owing to increasing popularity of crowdlending among SME’s and rising requirements of finance by individuals.

Analysts at Ken Research in their latest publication- “KSA Fintech Market Outlook to 2027- Driven by the government regulations and initiatives and the growing adoption of technology among the residents ” by Ken Research provides a comprehensive analysis of the potential of the fintech market in KSA. Rising Investment Activity and Increasing Convergence in The Fintech Industry are expected to contribute to the market growth over the forecast period.

KSA Fintech Market is expected to grow at a robust CAGR over the forecasted period 2022P-2027F.

Key Segments Covered

  • Segmentation by service vertical:
  • Payments and Currency Exchange
  • Lending and Finance
  • Business tools
  • Personal financing
  • Private fundraising
  • Capital market
  • Infrastructure
  • Segmentation by Region:
  • Riyadh
  • Khobar
  • Dammam
  • Jeddah
  • Segmentation by Investment Stage:
  • Series A
  • Series B and above
  • Early (Pre-seed, Seed)
  • Undisclosed

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Segmentation by Company Stage:

  • Testing License
  • Active
  • Idea stage
  • Pre-commercial

Key Target Audience

  • Banks and Financial Institutions
  • Cash Reconciliation Companies
  • Payment Aggregators
  • Payment Network Companies
  • Payment Interface Companies
  • M-Wallet Companies
  • Young First-Generation Entrepreneurs
  • Payment Gateway Companies
  • PoS Terminal Companies
  • M-PoS Terminal Companies

Time Period Captured in the Report:

  • Historical Period: 2017-2022P
  • Base Year: 2022P
  • Forecast Period: 2023F–2027F

Companies Covered:

Payments and Currency Exchange-

  • stc pay
  • Tweeq
  • CLICK PAY
  • geidea
  • NearPay
  • neo leap
  • Surepay
  • PayTabs
  • FOODICS
  • noon payments
  • CASHIN
  • HYPER PAY

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Lending and finances-

  • Tamara
  • tabby
  • tamam
  • FORUS
  • Lendo

Private Fundraising-

  • FALCOM TOJÁ
  • Buthoor
  • OSOOL & BAKHEET FUND
  • Manafa

Business Tools & Information Provision­-

  • Foodics
  • Flexxpay
  • Penny
  • wosul

Payment System Operators –

  • Visa
  • Apple pay
  • American Express
  • Google pay

Key Topics Covered in the Report

  • Executive Summary
  • Global Fintech Market Overview
  • MENA Fintech Market Overview
  • Overview of KSA Fintech Industry (Number of Fintechs and Fintech Ecosystem Enterprise Value, 2022)
  • Market Size of KSA Fintech Market on the basis of GTV and Volume of Transactions, 2022
  • Market Size of different Service Verticals of KSA Fintech Market on the basis of Volume of Transactions, 2022
  • Market Segmentation(by service vertical, by region, by Company Stage and Investment Stage)
  • Industry analysis
  • SWOT Analysis of KSA Fintech Market
  • Growth Drivers of KSA Fintech Market
  • Trends and Developments in KSA Fintech Market
  • Value Chain Analysis
  • Market Segmentations; Competition; Future Market Size, 2027)
  • Competition Landscspe
  • Future Trends and the Way Forward
  • Analyst Recommendations
  • Case study
  • Covid impact
  • Research methodology 

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

KSA Fintech Market Outlook to 2027

Related Reports

KSA Personal Finance Market Outlook to 2026F

UAE Auto Finance Market Outlook to 2026F

The France crop protection chemicals 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

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The France 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 France Crop protection market for its products, services, and continuous product developments are Bayer CropScience, Syngenta, UPL Limited, Corteva Agriscience, Sumitomo Chemical, and Novozymes among others.

The France crop protection chemicals market is projected to witness a CAGR of ~ % during the forecast period FY’22 & FY’27.

  • As of 2022, insecticides remain the most popular chemical crop protection medium. In the upcoming years, the scope for introduction of herbicide-tolerant seeds could see a dramatic shift in the use of chemical crop protection products.
  • In 2016, France banned the usage of synthetic pesticide, such as neonicotinoid pesticides, which are reported to plunge the bee’s population. Bee is crucial for pollination of crops, and continuous usage of synthetic pesticide would result in the bee’s population. Bee is crucial for pollination of crops, and continuous usage of synthetic pesticide would result in the decrease of a number of bees, thereby lowering yield of crops.

Increasing demand for agricultural productivity: The world population is seeing an uptick in the ongoing scenario. France, following the ongoing global trend is witnessing a decrease in arable land, which is further coupled with the increasing population. These two factors work in the favour of the market and create the need for better yields, which drives the market growth. Moreover, increasing demand for healthy food choices has also resulted in the crop growers being compelled to grow crops in a healthier way.

Covid-19 Impact: The pandemic was a worldwide phenomenon which affected almost every industry vertical in some way or the other. The Crop protection Chemical market was no exception to this. The market was affected moderately as the agricultural practices never really came to a halt. But the negative effect was felt with respect to the supply chain and manufacturing process which was created due to lockdowns and travels restrictions.

Analysts at Ken Research in their latest publication, France Crop protection Market Outlook 2027F- Driven by government regulations & technological innovations by Ken Research observed that France Crop protection Market is in a growth phase & is expected to witness a growth rate of ~% in the upcoming years owing to a ban on synthetic pesticides & increasing demand for agricultural productivity. It is to be noted that the France 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.

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

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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

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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

UPL Limited

Syngenta

Sumitomo Chemicals

Corteva Agriscience

Key Topics Covered in the Report:-

Executive Summary of France Crop Protection Market

Market Size of France Crop Protection Market

Market Segmentation of France Crop Protection Market

SWOT Analysis of France Crop Protection Market

Trends and Developments in France Crop protection Market

Regulatory Bodies of France Crop Protection Market

Overview of France Crop Protection Challenges and restrains

End User Analysis of France Crop Protection Market

Competitive Analysis of France Crop protection Market

Future Outlook of France Crop Protection Market

COVID-19 Analysis of France Crop Protection Market

Analyst Recommendations

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

France Crop Protection Market

Related Reports by Ken Research:-

Nigeria Crop Protection Market Outlook 2027F

Brazil Crop protection Market Outlook to 2027F

Netherland Crop Protection Market Outlook to 2027F

Increasing Disposable Income and Favorable Government Policies Regarding Real Estate Development and Surging Urbanization Rate are driving the France Mattress Market Growth Ecosystem of Mattress Market in France: Ken Research

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The mattress market in France is expected to register the fastest growth during the forecast period, due to the increasing income level and the surging infrastructural development and is a highly fragmented market with several key players. Few of which are Tempur Sealy International Inc, Dreamcloud, Treca, Simmons, Epeda, Dunlopillo etc.

Key Findings

  • France mattress market players sell the highest number of innerspring mattresses as these products offer ample cooling, bounce, and edge support.
  • In the coming years, the demand for latex mattresses will be driven by the rising number of people with chronic back pain, while the bed-in-a-box concept is making memory foam variants popular.
  • Due to the presence of numerous companies, the industry is highly fragmented, which is why the number of product launches, mergers and acquisitions, and partnerships is rising.

France King Size Mattress Market

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Healthcare and hospitality sectors to provide impetus to the mattress market: The commercial sector is expected to register a higher revenue during the forecast period, based on end use. Proliferating healthcare and hospitality sectors are the significant factors driving the market growth in this category. To capitalize on the rising mattresses demand from the healthcare industry, major players are launching specialized mattresses suitable for multifunctional hospital beds. Similarly, with the growth in the tourism sector, premium and customized mattresses are expected to witness huge demand from the hospitality sector in the coming years.

Demand for Personalized Mattresses Is a Key Market Trend: The consumer preference for customized mattresses is one of the major trends being observed in the market. As the physical dynamics of every customer, such as height and weight, are different, customization offers better support during sleep for different body types. In addition, with most mattresses available in standard sizes, they do not always fit perfectly in customized bed frames; hence, in such cases, a customized mattress is preferred.

Surging urbanization rate will drive the market growth: Migration is a major reason for the rising population in urban areas, which is driving the real estate industry. In France, urbanization is an ongoing phenomenon, both in terms of urban land expansion and increasing population share. According to the World Bank, the urban population’s growth rate of the EU was ~% in 2023. It is expected to drive the demand and production of mattresses across the region including France.

Analysts at Ken Research in their latest publication France 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 (Online, Offline) and By End User (Commercial, Hospitals, Residential).”Geographically, France generated the largest revenue in the European mattress market in 2021, 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: -

France Mattress Market

By Type of Mattress

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

By Size

  • Full
  • King
  • Queen
  • Twin

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By Business Model

  • Lease
  • Outright Sale

By Distribution Channels

  • Online
  • Offline

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

Companies Covered:

Leading companies

  • Dreamcloud
  • Treca
  • Simmons
  • Epeda
  • Tediber
  • Zenpur
  • Nectar
  • Dunlopillo
  • Simba
  • Emma
  • Tempur
  • Hypnos
  • Dormeo
  • Silentnight
  • Relyon
  • Leesa
  • Hyde And Sleep
  • Sleepeezee
  • Harrison Spinks
  • Vispring
  • John Lewis
  • Dreams

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Key Topics Covered in the Report

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

Future Outlook of France Mattress Market

Related Reports by Ken Research: -

Brazil Mattress Market Outlook To 2027F

Australia Hotel Mattress Market Outlook to 2025

Nigeria Mattress Market Outlook to 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.

Nigeria Mattress Market

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.

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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

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: Ken Research

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France Mattress Market Outlook to 2028F: Ken Research

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Focus on rising disposable income, tourism, favorable government policies and rising healthcare and hospitality sectors in the market are major factors contributing towards development of Mattress Market in France.

Impact of pandemic on the mattress market: The COVID-19 pandemic negatively impacted the supply chains of numerous sectors in France and led to the reduced trade of a number of products, including mattresses, as a consequence of the closure of manufacturing facilities globally. The halt in the tourism industry impacted hotels, which further negatively impacted the market for mattresses in Europe. However, the increasing number of people confined to their homes for an extended period could drive the demand for mattresses over the next few years.

France Mattress Market

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Innerspring and King-Size Mattresses Dominated the Market: The innerspring category accounted for the largest share in the French mattress market in 2023, based on product. This is because innerspring mattresses are highly preferred, as they cater to a variety of consumers preferring bounce, cooling, and strong edge support.

Moreover, king-size mattresses held a large share in the market in 2023, based on size. This is majorly attributed to their huge availability and growing use in metropolitan areas of large cities.

Increasing Disposable Income and Favorable Government Policies have driven the market growth: The disposable income of households grew in France in total by ~% between 2018 and 2023. Thus, the rising disposable income has a positive influence on the demand for mattresses, as they are one of the basic necessities for humans. Further, several governments have considered homeownership as an important policy goal and have, consequently, incentivized it by creating mortgage interest payments (a deductible expense for the purpose of income tax).

Analysts at Ken Research in their latest publication France 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 (Online, Offline) and By End User (Commercial, Hospitals, Residential).”Geographically, France generated the largest revenue in the European mattress market in 2021, 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: -

France Mattress Market

By Type of Mattress

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

By Size

  • Full
  • King
  • Queen
  • Twin

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By Business Model

  • Lease
  • Outright Sale

By Distribution Channels

  • Online
  • Offline

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

Companies Covered:

Leading companies

  • Dreamcloud
  • Treca
  • Simmons
  • Epeda
  • Tediber
  • Zenpur
  • Nectar
  • Dunlopillo
  • Simba
  • Emma
  • Tempur
  • Hypnos
  • Dormeo
  • Silentnight
  • Relyon
  • Leesa
  • Hyde And Sleep
  • Sleepeezee
  • Harrison Spinks
  • Vispring
  • John Lewis
  • Dreams

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Key Topics Covered in the Report

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

Future Outlook of France Mattress Market

Related Reports by Ken Research: -

Brazil Mattress Market Outlook To 2027F

Australia Hotel Mattress Market Outlook to 2025

Tractors dominated the France Agriculture Equipment Industry due to farmer’s preference for its versatile nature: Ken Research

 The Agriculture Equipment Market in France saw a severe drop in the first half of 2020 but the market started to gain traction again in the second half of the year.

France Agriculture Equipment Market Overview: The France Agriculture Equipment Market is currently at the growth stage and the market is highly consolidated with top six players having majority of the market shares. The France Agriculture Equipment Market expanded as a result of the country's increasing urbanization, rising standard of living and rising labor costs. France has one-third of all agricultural land in Europe. According to Crop Trust (France), nearly 93% of the farms, are middle-range and large-scale projects. Companies operating in the French Agricultural Equipment Market are concentrating on growing their market shares, primarily through acquisitions and R&D investments, as well as supply chain optimization.

Tractors dominated the France Agriculture Equipment Market: Nearly 30% of the French market for Agriculture Equipment was occupied by tractors. Tractors are versatile pieces of machinery that can operate with a variety of implements, including harrows, ploughs, and sprayers. One of the key factors driving the tractor industry is the growing use of high-tech equipment in agricultural tasks like plowing the field, etc. The lack of available farm laborers, the ease of access to loans and funds, the moderate penetration, and the shortening replacement cycles are all positive indicators of the demand for tractors and agricultural equipment.

Impact of Covid-19 on France Agriculture Equipment Market: The COVID-19 pandemic presented the French Agriculture Equipment Industry with a number of production facility-related challenges, and rapidly shifting customer demand and behavior compelled the industrial players to discover fresh approaches for the growth of their companies. Tractor registrations in France dropped in the first half of 2020 compared to the same period in 2019. The decline for landscaping tractors was slightly less. Tractor registrations in 2020 were roughly ordinary compared to the previous ten years. In France Agriculture Equipment Market, agricultural tractors saw a major decline in 2020. However, the nation's sales in the second half were robust. Thus, by the end of the year, French tractor sales had practically climbed in terms of units.

Analysts at Ken Research in their latest publication France Agriculture Equipment Market Outlook to 2027F- By Tractor (Less than 50 HP, 50 to 79 HP, 80 to 99 HP, 100 to 120 HP and Above 120 HP), By Harvesting Machinery (Combine Harvesters, Forage Harvesters and Other Harvesting Machinery), By Plowing and Cultivating Machinery (Plows, Harrows, Cultivators and Tillers and Other Plowing and Cultivating Machinery) observed that France Agriculture Equipment Market is expected to showcase considerable growth in the coming five years. In the upcoming years, it is predicted to expand more rapidly owing to introduction of smart farming techniques such as precision farming and digital farming. The Agriculture Equipment Market in France is expected to grow at a CAGR of ~% over the forecasted period 2022P-2027F.


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Key Segments Covered in the report

France Agricultural Equipment Market

By Tractor

  • Less than 50 HP
  • 50 to 79 HP
  • 80 to 99 HP
  • 100 to 120 HP
  • Above 120 HP

 By Plowing and Cultivating Machinery

  • Plows (Disc Plow and M.B Plow)
  • Harrows
  • Cultivators and Tillers
  • Other Plowing and Cultivating Machinery

 By Planting Machinery

  • Seed Drills
  • Planters
  • Spreaders
  • Other Planting Machinery

 By Harvesting Machinery

  • Combine Harvesters
  • Forage Harvesters
  • Other Harvesting Machinery (Root Crop Harvesting Machinery and Fruit and Vegetable Harvesting Machinery)

 By Haying and Forage Machinery

  • Mowers
  • Balers
  • Other Haying and Forage Machinery

 By Irrigation Machinery

  • Sprinkler Irrigation
  • Drip Irrigation

 Key Target Audience

  • Existing Agricultural Equipment Companies
  • New Market Entrants- Domestic OEMs
  • New Market Entrants- Foreign OEMs
  • Agricultural Equipment Financing Companies
  • Government Bodies
  • Investors & Venture Capital Firm
  • Agricultural Equipment Manufacturers
  • Agricultural Equipment Distributors
  • Agricultural Equipment Associations

Time Period Captured in the Report:

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

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Companies Covered:

  • CLAAS France SAS
  • Lely France
  • John Deere SAS
  • CNH Industrial Österreich GmbH
  • Kubota Europe SAS
  • AGCO Distribution SAS
  • Same Deutz-Fahr France
  • Artec Pulverisation (Kuhn Group)
  • Yanmar Co. Ltd
  • Kuhn Group
  • Netafim Ltd

Key Topics Covered in the Report

  • Executive Summary
  • Country Overview of the France
  • Overview and Genesis of Agriculture Equipment Market in France
  • Ecosystem of France Agriculture Equipment Market
  • Market Segmentations of Agriculture Equipment Market in France
  • Snapshots on different Agriculture Equipment Markets in France
  • SWOT Analysis of France Agriculture Equipment Market
  • Growth Drivers of France Agriculture Equipment Market
  • Trends and Developments of France Agriculture Equipment Market
  • Challenges of France Agriculture Equipment Market
  • Competitive Analysis of Agriculture Equipment Market in France
  • Future Outlook and Projections of Agriculture Equipment Market in France

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

Future Outlook of France Agriculture Equipment Market

Related Reports by Ken Research: –

South Africa Agricultural Equipment Market Outlook to 2025

Indonesia Agriculture Equipment Market Outlook to 2025

Indian Used Agricultural Equipment Market Outlook to 2026

Bio-Based Lubricants, Government Initiatives and Rapid Growth in Construction Sector are expected to provide a boost to the Mexico Lubricant Market: Ken Research

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The Mexico Lubricants Market is moderately consolidated, with the top companies occupying major share. The major players in this market are Bardahl, BP Plc (Castrol), ExxonMobil Corporation, Roshfrans and Royal Dutch Shell Plc. Mexico’s Lubricants market is expanding as a result of increasing automotive sales, a rise in research and development in the sector, marketing activities, and also strategic partnerships and collaborations with other players.

  • Engine oils form the leading product type is dominating owing to their high-volume requirements and low drain interval. They are used for high-temperature and high-pressure applications.
  • The expected recovery of commercial vehicle sales and production in the country is likely to drive the demand for transmission oils during the forecast period.

Surging demand for bio-based lubricant: In the near future, it is projected that the market would grow due to the introduction of cutting-edge lubricants with superior features, like bio-based lubricants. Some of the biggest manufacturing businesses have already introduced a number of novel lubricants. The market will have many new potentials to grow as a result of the rising demand for eco-friendly and bio-based lubricants. The lubricant market is expected to rise significantly in the next years due to the increased demand for lubricant that is made using non-toxic, renewable materials that have low Sulphur levels.

Growth of end-user industries: The industry's expansion is anticipated to be fueled by rising demand from Mexico's automotive industry as well as the expansion of end-user industries like construction, manufacturing, plastics, machinery & equipment, and metallurgy. The need for lubricants in the nation is also anticipated to increase in the future due to the adoption of higher-quality synthetic and semi-synthetic lubricants. The Mexican lubricant sector is anticipated to boost spending on R&D, marketing, and strategic alliances and partnerships with other participants, OEMs, and auto insurance in order to expand market penetration.

Favorable Government Initiatives: Government policies like the promotion of bio-based lubricants are driving growth in the Mexico lubricant market. The Mexico government has implemented various policies and initiatives aimed at promoting environmental sustainability and reducing the environmental impact of lubricants. One of these initiatives is the promotion of bio-based lubricants, which are derived from renewable resources and have a lower environmental impact than traditional mineral oil-based lubricants. For instance, the government is offering tax breaks and other incentives to companies that produce or use bio-based lubricants, with the goal of increasing the adoption of bio-based lubricants in the country.

Analysts at Ken Research in their latest publication Mexico Lubricants Market Outlook to 2027F- Segmented by Origin (Mineral, Synthetic & Semi-Synthetic), By Lubricant Type (Automotive & Industrial), By Automotive Lubricants (By Product Type, By End-Users & By Distribution Channels) and By Industrial Lubricants (By Product Type, By End-Users & By Distribution Channels) by Ken Research observed the potential of Lubricant Market in Mexico at a rebounding stage from the economic crisis after pandemic. The rising government policies and rapid industrialization, trade agreements and foreign investment 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 2022-2027F owing to the rise in economy of the country and new government policies.

Key Segments Covered in the report:-

Mexico Lubricant Market

Mexico Lubricants Market Segmentations

By Type of Lubricant:

Industrial Lubricant

Automotive Lubricant

By Grade of Lubricant

Mineral

Semi-Syntenic

Synthetic

Mexico Industrial Lubricants Market Segmentations

By Type of Industrial Lubricant

Hydraulic Fluid

Grease

Gear Oil

Metalworking Fluid

Others (Turbine Oil, Compressor Oil, etc.)

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By End Use of Industrial Lubricant

Construction and Mining

General Manufacturing

Metal Production

Power Generation

Food Processing

Others (Agriculture, Medical, etc.)

By Distribution Channel

Dealer Network

Direct Sales Premium

Unorganized Sector

Mexico Automotive Lubricants Market Segmentations

By Type of Automotive Lubricants         

Heavy-Duty Diesel Engine Oil

Passenger Vehicle Motor Oil

Transmission Fluids

Hydraulic Oil

Greases

Gear Oils

By End Use of Automotive Lubricant

Commercial Vehicles

Passenger Cars

Motor Cycles

Marine

Others (Aviation, Railways, etc.)

By Distribution Channel

Dealer Network

OEM Workshops/Service stations/Local Workshops

Supermarkets/ Hypermarkets

Online

Key Target Audience:-

Lubricants Manufacturers

Lubricants Distributors Refining Companies

Construction and Mining Industry

General Manufacturing Industry

Metal Production Industry Base-oil Companies

Additive Companies

Metal Production Industry

Power Generation Industry

Food Processing Industry

Agriculture Industry

Medical Industry

Automotive OEMs

Automotive Dealerships

Government Agencies

Consulting and Advisory Firms

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Time Period Captured in the Report:-

Historical Period: 2017-2022

Base Year: 2022

Forecast Period: 2022-2027F

Companies Covered:-

Bardahl

BP PLC (Castrol)

Chevron Corporation

ExxonMobil Corporation

Mexicana de Lubricantes S.A. de C.V.

Raloy

Roshfrans

Royal Dutch Shell Plc

Total Energies

Valvoline Inc.

Gulf

Shell

Key Topics Covered in the Report

Mexico Industrial and Automotive Overview

Ecosystem, Business Cycle and Genesis Mexico Lubricants Market

Market Sizing Analysis and Segmentation of Mexico Lubricants Market, 2017-2022

Mexico Industrial Lubricants Market Segmentation, 2022

Mexico Automotive Lubricants Market Segmentation, 2022

Industry Analysis Mexico Lubricants Market

End User Analysis of Mexico Lubricants Market

Competitive Framework of Mexico Industrial and Automotive Lubricant Market

Future Market Size and Future Segmentation of Mexico Industrial and Automotive Lubricant Market, 2022-2027F

Market Opportunity and Analyst Recommendations

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

Mexico Lubricants Market

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