Wednesday, January 25, 2023

Global Refractories market expected to record a CAGR of ~ 5% during the forecast period (2017-2028): Ken Research

 What Is The Size Of Global Refractories Industry?

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

The Refractories market is witnessing robust growth owing to the growing demand for refractories in the iron and steel industry. The refractories market is majorly driven by factors such as global urbanization, industrialization, increasing demand for automotive industries, and a rise in demand for iron and steel in the construction industry.

The growth of the construction industry was in full swing before the COVID-19 pandemic hit its development. Despite a slowdown faced for a period of nearly six to eight months, the industry has revived quite positively.

It is expected that India’s construction industry to grow at ~% CAGR from 2019-2028. Apart from India, China, the Philippines, and several other Middle Eastern countries are expected to showcase more than an ~% growth rate. For the Philippines, the construction industry accounts for nearly ~% of the country’s GDP. The use of automation, and advanced construction techniques have been contributing to its growth along with a high demand for iron and steel.

The refractory products are important for all high-temperature processes in the making of metals, cement, glass, and ceramics. The lockdown in various countries led to supply chain disruption, hindering the market’s growth rate.

Global Refractories market Revenue

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Global Refractories market by Product type

The Refractories Market is segmented by Product type on the basis of Non-Clay Refractories (magnesite brick, zirconia brick, silica brick, chromite brick and other products.) and Clay Refractories (high alumina, fireclay, insulating).

Clay Refractories segment held the largest market share in 2022 of the Global Refractories Market, owing to its low cost compared to the non-clay segment.

Many clay products and refractory manufacturing companies are using robotics and automation to improve plant efficiency and productivity. For, instance according to Boston Consulting Group (BCG), millions of industrial robots are expected to be deployed by 2025, thus indicating a rise in automation and robotics technology

The global Refractories market has been segmented on the basis of Form into Bricks & Shaped and Monolithic & Unshaped.

The Bricks and Shaped segment held the largest market share in 2022 of the Global Refractories Market.

Bricks are used to form an insulation layer inside ovens and kilns and are replaced periodically to meet the insulation ratings set by the customer. It is required in the metal and non-metal industries. This is one of the major factors for the brick and shaped segment to dominate the global refractories market by form.

Iron and steel manufacturing, cement manufacturing, and glass production prefer shaped refractories for thermal insulation purposes in incinerators, furnaces, and reactors. Steel is utilized more in vehicle production as compared to glass, hence an increase in brick and shaped segments.

Global Refractories market by Alkalinity

The Refractories Market is segmented by Alkalinity on the basis of Acidic, Basic & Neutral.

The basic segment held the largest market share in 2022 of the Global Refractories Market.

The basic refractory material contains magnesia, dolomite, and limestone and is stable to alkaline material but reacts to acid. The most commonly used basic refractory brick is magnesite brick. As it is resistant to alkaline slag and iron slag, therefore, is applied to the converter lining and furnace bottom.

The rising demand for magnesite in the construction industry due to its excellent adhesive, fire resistance, and high bonding strength is escalating the demand for basic refractories in recent times.

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Key Topics Covered in the Report

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

 Leading Companies Mentioned in the Report

  • RHI Magnesita
  • Vesuvius PLC
  • Shinagawa Refractories Co., Ltd.
  • Krosaki Harima Corporation
  • Saint Gobain SA
  • IMERYS
  • Chosun Refractories
  • Puyang Refractories Group Co., Ltd.
  • IFGL Refractories Ltd.
  • Refratechnik
  • Resco Products
  • Morgan Advanced Materials

Notable Emerging Companies Mentioned in the Report

  • Haripriya Refractories Pvt. Ltd.
  • Universal Refractories, Inc.
  • Possehl Mexico, SA DE CV
  • Continental refractories Private Ltd.
  • Alsey Refractories Company
  • Christy Refractories Company L.L.C.
  • Wuxi Nanfang Refractories Co., Ltd.

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

  • Refractories Manufacturers
  • Research and Development Institutes/In-house Researchers
  • Mining Companies
  • Packaging Companies
  • Raw Material Production Companies
  • Industrial Equipment & Machinery Manufacturers
  • Recycling organizations
  • Banking and Financial Service Providers
  • Iron and Steel Industry Participants
  • Cement Industry Participants
  • Ceramic Industry Participants
  • Energy and Chemical Industry Participants
  • Refractories Industry Association
  • Government Department of Heavy Industries
  • Ministry of Power

Time Period Captured in the Report

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

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

Global Refractories Market

Thailand Is the 22nd Largest Market for E-Commerce with Current Y-O-Y Growth Rates Of 16%, Even Higher Than USA: Ken Research

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Thailand E-Commerce Logistics Market Ecosystem

Thailand E-Commerce Logistics Market is in the growing stage, the growth of Thailand’s logistics sector is also being supported by booming exports with automotive, agribusiness, chemicals and electronics being in-demand industries at the moment.

Key Market Findings:

  • Increase in international shipment is expected in 2026F compared 2021. Consumers are increasingly turning to cross-border e-commerce as per capita incomes rise and access to international brands increases.
  • AI and a horde of other devices like drones, electric vehicles, automated systems, high-tech security and efficient management systems have made the processes much easier for logistics companies as well as their clients.
  • Companies in the e-commerce segment are battling against each other to acquire and retain clients, expand geographical presence, expand service offerings and improve unit economics to increase margins.

Thailand E-Commerce Logistics Market

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Technology advancement: This helps to boost E-Commerce as easier and more secure digital payment options can make the online shopping experience more convenient for both customer and merchant online payments also allow for more flexible delivery arrangements like the living parcel to lockers since the consumer does not need to be present to make the payment.

Internet-Savvy Consumers Comfortable with making Online Purchases: Given Thailand's mobile phone penetration rate of 98% and smartphone penetration at 71% in 2021, it is no surprise that smartphone users dominate E-Commerce activities. ETDA notes that generation why those now around 17 to 36 years old spent most of the time online last year especially on Facebook Instagram Twitter in Pantip from where the make all their transactions.

Platform Integration: E-Commerce platforms face a major challenge in integrating a critical mass of multiple user bases, i.e. sellers and buyers. Often, a platform's perceived value rests largely on this factor. High delivery failure rates due to lack of order and delivery consolidation between retailers.

Analysts at Ken Research in their latest publication Thailand E-Commerce Logistics Market Outlook to 2026F- Driven by Change in Consumption Pattern of Consumers, Government Initiatives and Innovation of Advanced Technologies” by Ken Research observed that Thailand E-commerce Logistics Market is in a growing phase. Technology will have a huge role to play in the sector as applications and AI, horde of other devices like drones, electric vehicles, automated systems, and high-tech security are some of the factors that will contribute to the Thailand E-commerce Logistics Market growth over the period of 2021-2026F. It is expected that Thailand's E-commerce Logistics Market will grow at a CAGR of 9.5% for the above-forecasted period.

Key Segments Covered in the report: -

Thailand E-commerce Logistics Market

By Delivery

  • Same Day
  • Next Day
  • Two day

By International and domestic:

  • Domestic
  • International

By Mode of Payment

  • Cash
  • Online

By Shipment Weight

  • 0 -1 Kg
  • Greater than 6 Kg
  • 3 – 6 Kg
  • 1 – 3 Kg

By Age Distribution

  • (17 – 36 Years)
  • (37 – 50 Years)
  • (51 and above)

By E-Commerce Value

  • B2G
  • B2B
  • B2C

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By Booking Mode

  • Online
  • Offline

By Product Category

  • Mobile & Electronics
  • Fashion
  • Beauty
  • Lifestyle & Hobby
  • Health & Wellness
  • Home & Living
  • Toys
  • Mom & Baby
  • Automotives
  • Sports
  • Others

Key Target Audience

  • E-Commerce Companies aiming to establish in Thailand
  • Thailand E-Commerce logistics industries
  • Government Bodies & Regulating Authorities
  • E-Commerce Industry
  • Logistics industry
  • Shipping company
  • Warehousing Companies
  • E-Commerce users
  • Industry Associations

Time Period Captured in the Report:

  • Historical Period: 2017-2021
  • Base Period: 2021
  • Forecast Period: 2022-2026F

Companies Covered:

  • Kerry Express
  • Lazada Logistics
  • J&T Express
  • Flash Express
  • Eleven Street
  • Tarad
  • Weloveshopping
  • Look Si

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Key Topics Covered in the Report

Ecosystem of major entities in Thailand e-commerce logistics market

Overview of Thailand logistics infrastructure and dependent market

Market overview & genesis

Logistics business model

Value chain analysis e-commerce logistics

Thailand E-commerce Logistics Market Size, 2019 - 2022

Segmentation by type of shipment and type of company on the basis of revenue

Segmentation by mode of shipment & delivery period on the basis of revenue

Segmentation by modes of payment & type of product on the basis of revenue

Factors influencing partnership decision with logistics provider

Cost component analysis for logistics provider

SWOT analysis of Thailand e-commerce logistics market

Trends & development of Thailand e-commerce logistics market

Growth driver of Thailand e-commerce logistics market

Issues and challenges of Thailand e-commerce and e-commerce logistics market

Government regulations for Thailand e-commerce logistics market

Impact of covid-19 on Thailand e-commerce and e-commerce logistics

Key elements of the recovery phase for companies from pandemic

Cross-comparison of major players in Thailand e-commerce logistics market

Brand awareness

Strength & weakness of major players in Thailand e-commerce logistics market

Future Outlook

Analyst recommendation

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

Future Outlook of Thailand E-Commerce Logistics Market

Related Reports by Ken Research: -

Germany E-Commerce Logistics Market Outlook to 2026F

Iraq E-Commerce Logistics and Warehousing Market Outlook to 2026F

Australia E-commerce Logistics Market is expected to grow at a CAGR of 10% over the forecasted period 2021-2026F: Ken Research

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  • Burgeoning Demand for Last-mile Delivery Services: To fulfil the need for instant gratification via efficient delivery of goods to consumers has propagated the demand for last mile delivery services.
  • Multitude of Payment Options: Advent of BNPL, payment wallet, short-term credit lines, and others have stimulated the e-commerce growth. Subsequently, propagating logistics business.
  • Technological Advances: Integration of AI, warehouse automation systems, analytics, etc., have helped logistic players to predict demand and forecast supply.

Rising Demand of Door-to-door Parcel Pickup & Delivery Services: In door-to-door parcel pickup-up & delivery, the logistic provider is involved in every stage of delivery, from packaging, sorting, custom clearance, handling until final delivery point. Service providers offer the option of same day, overnight delivery, domestic or International, documentation, safe transfers, etc. Sendel is a key service provider, while other emerging players are forming partnerships to maximize their reach. Zoom2U formed agreement with Greyhound Australia to utilize Greyhound buses to move parcels across Sydney, Melbourne, Brisbane and Adelaide.

Trucking Services through Online Marketplace: Numerous online truck aggregating service providers, such as Ofload, Shippit, FreightExchange, Loadshift, among others are bridging gap between truck owners and load generators (end-users). Users can book full truck load, on-demand services, refrigerated freight, palletization, shipment tracking, and many more.

Government Initiatives: Australian government is expected to bring regulatory framework for cryptocurrency (Bitcoins), digital wallets (Google pay, Apple pay), and buy now, pay later (BNPL) providers (Afterpay). It would bring standardization in digital payments methods, after which more businesses would utilize the services. In 2022, talks with the Indian government to sign Comprehensive Economic Cooperation Agreement (CE­PA), comprising digital trade and foster bilateral trade b/w Australia & India. This would accelerate demand for goods & thereby require sophisticated logistics support.

Analysts at Ken Research in their latest publication Australia E-Commerce Logistics Market Outlook to 2026- Driven by rapid integration of automation technology & changing consumer shopping habits by Ken Research observed that Australia E-commerce Logistic Market is in the Growing Phase as the Rising demand for Door Step Delivery, Increase in Digitisation, reducing cost of packaging and Government Initiatives, these are expected to contribute to the market growth over the forecast period. The Australia E-commerce Logistics Market is expected to see high growth rate over the forecasted period 2022-2026F.

australia-ecommerce-logistics-market

Key Segments Covered

Australia E-Commerce Logistics Market (Revenue, Shipment, Average Cost and No of Orders and more)

By Type of Shipment (By Shipment), 2021 & 2026F

Domestic shipments

International shipments

By Time Duration (By Shipment), 2021 & 2026F

Same Day

2-4 Days

More than 4 days

By Delivery Area (By Shipment), 2021 & 2026F

Interstate

Intrastate

By Delivery Area (By Shipment), 2021 & 2026F

Intercity

Intracity

By Mode of transport (By Shipment), 2021 & 2026F

Ground

Air & Sea

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By Payment Method (By Shipment), 2021 & 2026F

Cash On Delivery

Online Payment

By Orders (By Shipment), 2021 & 2026F

Accepted Orders

Rejected Orders

Key Target Audience

E-commerce Companies

Third Party Logistics Companies

Potential Market Entrants

E - Retailers

Integrates Logistics Companies

Logistics/Supply Chain Industry Associations

Time Period Captured in the Report

Historical Period: 2016-2020

Base Year: 2021

Forecast Period: 2022– 2026F

Companies Covered

Australia Post

DHL

FedEx

Linfox

Toll group

DB Schenker

Couriers Please

UPS

Mainfreight

Aramex

DTDC

E-store logistics

StarTrack

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Key Topics Covered in the Report

Socio-Economic Outlook of Australia

Internet Penetration of Australia

Overview of Retail Purchases and Categories of Online Shoppers in Australia

Demand Infrastructure- Ecosystem of Major E-Commerce Players and Sellers

Global Retail Industry Compared to Australian Market

Australia E-commerce Logistics Market Size, 2016-2021

Australia E-Commerce Logistics Market Segmentation by Domestic/ International Shipments, 2021

Australia E-Commerce Logistics Market Segmentation by Time Duration, 2021

Australia E-Commerce Logistics Market Segmentation by Delivery Area and Ground or Air and Sea Transport, 2021

Australia E-Commerce Logistics Market Segmentation by Payment Method and Accepted and Returned Orders, 2021

Australia E-Commerce Logistics Market Growth Drivers

SWOT Analysis of the industry

Trends and Developments in the Industry

Issues and challenges in the industry

Several Technological Disruptions in Australia E-commerce Logistics Industry

Key Challenges for E-Commerce Logistics Providers in Australia

Challenges for E-Commerce Players in Australia

Government Rules and Regulations in Australia E-Commerce Market

Government initiatives in the industry

Impact of Covid-19 on Australia’s E-commerce Logistics

Snapshot of E-commerce Warehousing

Demand Analysis

Cross Comparison- Major Online E-Commerce Players

Competitive Landscape Basis Major Ecommerce Logistic Players in Australia

Cross Comparison of major Ecommerce Logistic Companies on the basis of Business Landscape

Recent Mergers and Acquisitions in E-commerce Logistics Market in Australia

Investment Analysis of Logistics Tech Startups

Future Outlook

Analyst Recommendations

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

Australia E-Commerce Logistics Market

Related Reports By Ken Research:-

Singapore E-Commerce Logistics Market Outlook to 2026F

UAE E-Commerce Logistics Market Outlook to 2025

India E-Commerce Logistics Market Outlook to 2025

Australia Crop Protection Market is expected to grow at a robust CAGR, owing to the rising demand for bio-pesticides and the adoption of herbicide-resistant crops by farmers: Ken Research

 Australia Crop Protection Market is in the growing stage, owing to the pest pressures, rising use of bio-based crop solutions, rising demand for bio-pesticides and the adoption of herbicide-resistant crops by farmers. The Crop Protection Industry in Australia is consolidated with key players such as Syngenta AG, Bayer AG, Corteva AgriScience, BASF SE, United Phosphorus Ltd etc.

Australia Crop Protection Market

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Key Market Findings:

  • Australia Crop Protection Market was valued at USD ~ in 2021 and is projected to grow to USD ~ by 2027F, registering a CAGR of ~% during the forecast period (2022-2027F).
  • New product launches, mergers and acquisition, and partnerships are the major strategies adopted by the leading companies in the market. These companies are also focusing on investing in innovations, collaborations, and expansions in order to increase their market share.

Rise in Adoption of Bio-pesticides: Bio-pesticides generally only impact the target pest and other organisms that are closely related to it, as opposed to regular synthetic pesticides, which can also be damaging to other organisms. Therefore, they are inherently less toxic than standard synthetic pesticides. Although the bio-pesticide segment only contributed a small fraction of the revenue earned by the crop protection industry, it is anticipated to grow significantly in Australia over the course of the projected period. These factors increase the appeal of bio-based products among Australian farmers who engage in sustainable farming. During the forecasted period, the crop protection market in the area is likely to be driven by the need for such goods. With the rising demand for bio-pesticides, most major crop protection companies are developing and marketing products containing non-synthetic ingredients derived from plants, microbes, or minerals.

Sugarcane Sector contributing to the Australia Crop Protection Market: Sugarcane was the highest produced crop in Australia in 2021. Along with wheat and cotton, sugarcane is one of the most popular and widely cultivated plants in the region. However, the production of sugarcane is often restricted by dangerous diseases, such as red rot, sour rot, and rust. In Australia, the sugarcane industry makes extensive use of pesticides to avoid or reduce losses caused by such circumstances. Products from several companies, including Syngenta and Bayer, are largely intended to control these diseases. Use of crop protection chemicals is crucial to maintain sugarcane production growth. The Australia Crop Protection Market will therefore be driven by demand from sugarcane growers during the course of the projected period.

Analysts at Ken Research in their latest publication “Australia Crop Protection Market Outlook to 2027F - By Origin (synthetic, bio-based), By Type (herbicides, insecticides, fungicides, nematicides, molluscicides and others), By Application (grains and cereals, pulses and oilseeds, fruits and vegetables, commercial crops, and others)” observed that Australia Crop Protection Market is expected to showcase considerable growth in the upcoming five years. In these years, it is predicted to expand more rapidly due to increase in demand for bio-pesticides and the adoption of herbicide-resistant crops by farmers. The Crop Protection Market in Australia is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

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Key Segments Covered in the report

 By Origin

  • Synthetic
  • Bio-based

 By Type

  • Herbicides
  • Insecticides
  • Fungicides
  • Nematicides
  • Molluscicides
  • Others

 By Application

  • Grains and Cereals
  • Pulses and Oilseeds
  • Fruits and Vegetables
  • Commercial Crops
  • Others

 Key Target Audience

  • Government Bodies and Regulatory Authority
  • Agrichemical Companies
  • Biotechnological Companies
  • Pesticide Manufacturers
  • Fintech Companies
  • Investors and Financiers
  • Chemical Companies
  • Venture Capitalist
  • New Market Entrants

 Time Period Captured in the Report:

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

Companies Covered:

  • Syngenta AG
  • Bayer AG
  • Corteva AgriScience
  • BASF SE
  • United Phosphorus Ltd
  • ADAMA Agricultural Solutions
  • FMC Corporation
  • Nufarm Ltd
  • Sumitomo Chemicals
  • American Vanguard Corporation

 Key Topics Covered in the Report

  • Australia Crop Protection Market Overview
  • Australia Crop Protection Market Segmentation
  • Ecosystem of Australia Crop Protection Market
  • Market Share of Major Players in Australia Crop Protection Market
  • Industry Analysis of Australia Crop Protection Market
  • Value Chain of Crop Protection Market in Australia
  • Key Challenges of Australia Crop Protection Market
  • End User Analysis of Australia Crop Protection Market
  • Key Growth Drivers of Australia Crop Protection Market
  • SWOT Analysis of Australia Crop Protection Industry
  • Future Outlook of Australia Crop Protection Market
  • Trends and Development of Australia Crop Protection Market

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

Future Outlook of Australia Crop Protection Market

Related Reports by Ken Research: –

South Africa Crop Protection Market Outlook to 2022

Indonesia Agrochemicals Market Outlook to 2025

Europe Agriculture Equipment Market Outlook to 2023

Tuesday, January 24, 2023

Philippines Dental Services Market is expected to grow at a CAGR of 5.9% over the forecasted period 2021-2026F: Ken Research

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Philippines Dental Services Market is currently in a growing stage owing to rise in urban population, government initiatives, general awareness and upgradation in technology. Upcoming technologies such as Cloud-based software, Robotics and advancements in present technologies such as 3D Printing and Laser dentistry will fuel to the market growth.

  • Dental services market is anticipated to witness significant growth over the forecast period due to the improvements in already existing services along with introduction of new improved technologies, including dental caps, dentures and drills.
  • In the coming future, the market is expected to be dominated by the Dental clinics; however, the hospitals are expected to contribute to the growth of overall market. Dental Clinics market size in terms of revenue is expected to grow with a CAGR of 6.4%, 2021-2026F.
  • The rising Dental consciousness among the Filipinos, along with the growing purchasing power, is expected to contribute to the market growth over the forecast period.

Rise in Dental Tourism: Philippines is an attractive destination for dental tourists due to low prices for dental services. The market was affected during Covid 19 due to cross-border restrictions, however, post-Covid, dental tourism has returned to normal and has contributed to the market revenues.

Introduction of New Improved Technologies: The market for dental services is predicted to develop significantly throughout the forecast period as a result of improvements made to currently offered services as well as the introduction of new and enhanced technology, such as drills, dental caps, and dentures. The demand for proper training and education on digital dentistry solutions from professionals and students is rising, which will further boost the effectiveness of the nation's dental care sector. With the development and improvement in traditional technologies, doctors will be able to spend more time on responsibilities relevant to patient care and contribute to the continued expansion of the dental services industry in the Philippines.

Increasing Urban Population opting for Orthodontic treatments: Although most of the population of the Philippines currently lives in remote and rural areas, the country is witnessing major population migration from rural to urban areas. This shift is expected to continue to increase, contributing to the increased utilization of dental services in these regions. The Philippines is considered the selfie capital of the world and wearing braces is very common in the country, especially among teenagers, which is expected to drive the growth of the dental services market in the country.

Analysts at Ken Research in their latest publication Philippines Dental Services Market Outlook to 2026F – Driven by Rising Oral Health Awareness, Growing Economy and Dental Tourism in the Philippines observed that the Dental Services market is an emergent healthcare market in the Philippines at a rebounding stage from the economic crisis after the pandemic. The rise in the prevalence of dental diseases and orthodontics treatments is expected to contribute to market growth over the forecast period. The Philippines Dental Services Market is expected to grow at a CAGR of 5.9% over the forecasted period 2021-2026F, due to a rise in dental tourism, a rise in urban population and an upgradation in technology.

philippines-dental-services-market

Key Segments Covered:-

Philippines Dental Services Market

By Types of Services

General Dentistry

Orthodontics

Oral Surgery

Periodontics

Endodontics

Cosmetic Dentistry

Prosthodontics

Dental Implants

Pediatric Dentistry and Others.

By Revenue Division:

Domestic

International Tourist

By End Users:

Dental Clinics (Organized + Unorganized)

Hospitals (Public + Private)

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By Dental Clinics:

Unorganized Dental Clinics

Organized Dental Clinics

By Cities:

Manila

Davao

Cebu

Iloilo

Others

Key Target Audience

Dental Service Providers

Dental Equipment Distributors

Dental Equipment Manufacturers

Dental Clinics

Hospitals

Healthcare Companies

Pharmaceutical Companies

Tourism Agencies

Market Research and Consulting Firms

Government Bodies & Regulating Authorities

Time Period Captured in the Report:

Historical Period: 2018-2021

Base Year: 2021

Forecast Period: 2022– 2026F

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Companies Covered:-

Dental Services Providers

MetroDental

GAOC

Smile Makers Dental

Urban Smiles

NovoDental

Whitehouse Dental Clinic

Affinity Dental

Dental World Manila

Green Apple Dental

DentaGem

BrightSmile Avenue Dental

Elevate Dental

Key Topics Covered in the Report

Philippines Healthcare Overview

Philippines Dental Services Market Overview

Ecosystem of Philippines Dental Services Market

Business Cycle and Genesis of Philippines Dental Services Market

Market Sizing Analysis of Philippines Dental Services Market: Revenue, 2018-2021

Philippines Dental Services Market Segmentation (By Type of Services, By End Users, By Dental Clinics, By Revenue Division, By Cities), 2021

End User Analysis of Philippines Dental Services Market

Industry Analysis of Philippines Dental Services Market

SWOT Analysis of Philippines Dental Services Market

Key Growth Drivers in Dental Service Market in Philippines

Trends Driving Adoption Of Digital Innovation

Major Challenges and Bottlenecks in Philippines Dental Services Market

Regulatory Framework in Philippines Dental Services Market

Competition Framework for Philippines Dental Services Market

Market Share of Major Dental Services Providers in Philippines Dental Services Market

Cost Sheet of Major treatments and Price List of major Players

Impact of Covid-19 on Philippines Dental Care Market

Future Outlook and Projections of the Industry, 2021-2026F

Market Opportunity and Analyst Recommendations

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

Philippines Dental Services Market

Related Reports By Ken Research:-

Vietnam Dental Services Market Outlook To 2023

Singapore Dental Services Market Outlook to 2026F

India Dental Services Market Outlook to FY’2027F

The Clinical Laboratories Market in Vietnam expected to grow at a CAGR of ~10.4% owing to Rising with Health-Tech, Backing from Global Funds and Angels and Government Policies: Ken Research

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Vietnam Clinical Laboratories Market is at growing stage and has moderately fragmented market with about 10-12 organized lab chains and 7-8 Private Hospital Chains. The Clinical Laboratories Market in the Vietnam has seen emergence of more than 20-30 players over the past 5 years. Medic-Lab and Diag Laboratories are market leaders for Independent Lab Chains and Hoan My and FV Hospital for Private Hospitals.

  • The Post-Covid comorbidities would contribute to major part of Testing revenue for the next 12-24 months in the market. Tests like D-dimer, Embolism, Myoglobin shall be essential.
  • The behavioral trend among patients in Vietnam has changed and they have grown more concerned about their health which could drive revenues in the future.
  • Privatization of Healthcare would imply that Healthcare becomes more expensive and thereby drive Revenue for the overall market in Vietnam.

Brand Building Initiatives: In order to differentiate their offerings, quality, and test accuracy, all major diagnostic retailers are investing in their brand building & marketing campaigns. Advertisement campaigns, healthcare camps, and wellness & preventive test packages are being launched under their own brands. Considering the competitive nature of the market, they focus on repeat sales and turning referrals into owned clients.

Emergence of Startups: The Healthcare segment in Vietnam has seen the emergence of a number of startups offering pharmaceutical delivery, online consultation and health check-ups and other services. The clinical laboratories may associate with the likes of eDoctor, Hello BacSi for doctor referrals on diagnostic tests. The angels and VCs have also recently shown interest in the Vietnam Health-Tech market which could mark high growth for the sector.

Change in Consumption Habits: The general population’s consumption habits now include Healthcare as an essential component. More people are enrolled in the Social Health Insurance program and Private Health Insurance as well owing to the rising income. They are availing better facilities at the Private Hospitals and best Clinical Laboratories available.

Analysts at Ken Research in their latest publication Vietnam Clinical Laboratories Market Outlook to 2027F- Driven by Private Hospitals driving the future of Healthcare and Clinical Tests in Vietnam by Ken Research observed that Clinical Laboratories market is an emergent healthcare market in Vietnam at a growing stage from the economic crisis after pandemic. The rising government policies and consumption habits of Vietnamese patients, growth of Health-Tech and digital adoption along with rise of new technologies is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 10.4% CAGR during 2022-2027F owing to Increasing Awareness, Rising Disposable Income and new government policies.

vietnam-clinical-lab-market

Key Segments Covered in the report

Vietnam Clinical Laboratories Market

By Type of Labs

Independent Labs

Private Hospital Labs

Public Hospital Labs

By Independent Labs

Organized Labs

Unorganized Labs

By Private Hospital Labs

In-House Labs

Third Party Tie-Ups

By End-User

Corporate Clients

Walk-Ins

Doctor Referrals

Online Referrals

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By Payor

Out-of-Pocket

Corporate Insurance

Private Insurance

Universal Health (Vietnam Govt.)

By Type of Tests

Pathology

Radiology

By Region

Northern

Southern

Central

By Age

0-20

20-40

40-60

Above 60

Key Target Audience

Clinic Service Providers

Clinic Equipment Distributors

Clinic Equipment Manufacturers

Clinics

Hospitals

Healthcare Companies

Pharmaceutical Companies

Tourism Agencies

Government Bodies & Regulating Authorities

Market Research and Consulting Firms

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Time Period Captured in the Report:

Historical Period: 2016-2022P

Base Period: 2022P

Forecast Period: 2023F-2027F

Companies Covered

Medic-Lab

Diag Laboratories

Chemedic Joint Stock Company

Labo TH Vietnam

FV Hospital

HONG NGOC

Vin Mec

Omron

Abbott

Terumo

Siemens

Key Topics Covered in the Report

Cross Comparison of Clinical Laboratories Market in Vietnam with Other Countries

Ecosystem of Clinical Laboratories Market in Vietnam

Evolution of Independent Clinical Laboratories Market in Vietnam

Value Chain of Clinical Laboratories Market in Vietnam

Market Size of Clinical Laboratories Industry in the Vietnam on the basis of Revenue, 2017-2022P

Market Segmentation of Clinical Laboratories Market in Vietnam, 2022P

Trends and Developments in Vietnam Clinical Laboratories Market

Key Challenges in Vietnam Clinical Laboratories Market

SWOT Analysis: Vietnam Clinical Laboratories Market

Growth Drivers of Vietnam Clinical Laboratories Market

Impact of Covid-19 on Vietnam Clinical Laboratories Market

Vietnam Clinical Laboratory Setup Procedure

Next Generation Laboratory Technology Trends

Competition Scenario for Vietnam Clinical Laboratories Market

Market Positioning Analysis for Clinical Laboratories Market in Vietnam

Market and Competitor Analysis by comparing Industry Growth

Pricing Analysis of Market players

Future Outlook and Projections, 2023E-2026E

Analyst Recommendations

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

Vietnam Clinical Laboratories Market

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Philippines Clinical Laboratory Market Outlook to 2027F

Indonesia Clinical Laboratory Market Outlook to 2026F (Second Edition)

KSA Robo-Advisory Market is expected to grow 5x, generating USD ~3.5Bn by 2026F owning to rising digital transformation, emergence of new players and Government Initiatives: Ken Research

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  • Robo-Advisors provides a low-cost alternative to traditional investing, eliminating the human labor, lower overheads with little-to-no minimum investments required making it an attractive market for investors.
  • With advent of new technology, better algorithms, better user-experience, millennial & Gen-Z adaptation of newer technology, Robo-Advisory market is expected to grow in future.
  • Banks are expected to take the lead in robo-advisory industry, banks would do well due to cost-effectiveness, trust, ease of movement of money, captive base & larger credibility to give their customer an easy, simple and much better experience.

Government Initiatives: The government is developing regulations to ensure a business environment that fosters both investor confidence and prudent risk management by regulated entities. Financial Sector Development Program, one of the 12 executive programs has been launched by government which is consolidated from Vision 2030, whose goal is to diversify the financial sector and to make it more efficient in order to enable financial institutions to support the private sector. Saudi Arabian Monetary Authority (SAMA) and Capital Market Authority (CMA) unveiled the FinTech Saudi project in April 2018, in accordance with the Saudi Arabia’s Vision 2030 to encourage entrepreneurship and develop financial technology (FinTech) infrastructure.

Emergence of New Players: Recently, KSA based Investment Advisory Firm Sarwa acquires a temporary or experimental Fintech license from Saudi’s Capital Markets Authority (CMA). The fin-tech startup offers customers an easy way to invest their savings in various low-cost index funds. Another example is of Derayah Capitals which becomes the first bank in the region to launch a Robo-Advisory Investment App, Derayah Smart. This idea came from the interest of the Financial Sector Development Program and Vision 2030 in savings and investment.

Digital Transformation: KSA is racing towards digital transformation, supporting tech innovation and entrepreneurship. The Kingdom is pouring hundreds of billions of dollars into an economic transformation, known as Vision 2030. Recently, Crown Prince Mohammed bin Salman, launched investments worth $6.4 billion in building the future technologies.

KSA Robo-Advisory in Wealth Management Market

Analysts at Ken Research in their latest publication KSA Robo-Advisory in Wealth Management Market Outlook to 2026F- Driven by influx of AI technology along with growing demand for financial inclusion and affordability in financial planningby Ken Research observed that KSA Robo Advisory market is in the nascent phase. The With Digital Transformation, Emergence of New Players, Minimal investment and Government Initiatives, are some of the factors that will contribute to the KSA robo-advisory market growth. It is expected that KSA robo-advisory market will grow at a CAGR of ~52% for the 2022-2026F forecasted period.

Key Segments Covered: -

KSA Robo Advisory Market

By Type (by Revenue), 2022 & 2026F

  • Hybrid Robo Advisors
  • Pure Robo Advisors

By End-User (by Revenue), 2022 & 2026F

  • Retail Investor
  • High Net Worth Individuals

By Age-group (by Revenue), 2022 & 2026F

  • 19-28 years
  • 29-38 years
  • 39-45 years
  • 45+ years

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By Region (by Revenue), 2022 & 2026F

  • Riyadh
  • Makkah
  • Eastern Region
  • Others

Key Target Audience: -

  • Government and Institutions
  • New Market Entrants
  • Investors
  • Wealth Management Companies
  • Robo-Advisory Companies
  • Investment Banks
  • Investors

Time Period Captured in the Report: -

  • Historical Period: 2019-2021
  • Base Year: 2022
  • Forecast Period: 2022 – 2026F

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Companies Covered: -

  • Abyan Capital
  • Derayah Capital
  • Tamra Capital
  • Haseed

Key Topics Covered in the Report: -

  • KSA Country Overview
  • KSA Population Analysis
  • KSA Wealth Management Market Overview
  • Ecosystem of KSA Robo-Advisory in Wealth Management Market
  • Timeline of Major Players in KSA Robo-Advisory in Wealth Management Market
  • Business Cycle and Genesis of KSA Robo-Advisory in Wealth Management Market
  • Value Chain Analysis/ Existing Business Model
  • KSA Robo-Advisory in Wealth Management Market Size
  • KSA Robo-Advisory in Wealth Management Market Segmentation by Type and End User, 2022
  • KSA Robo-Advisory in Wealth Management Market Segmentation by Region, 2022
  • End User Profiling by Age of Customer, 2022
  • Decision Making Parameters of End Users in KSA Robo-Advisory in Wealth Management Market
  • Customer Pain Points in KSA Robo-Advisory in Wealth Management Market
  • Key Factors Influencing Robo-Advisory Services Purchasing Decisions and Cost Components
  • Porter’s Five Forces Analysis of KSA Robo-Advisory in Wealth Management Market
  • Growth Drivers of KSA Robo-Advisory in Wealth Management Market
  • Trends and Developments in KSA Robo-Advisory in Wealth Management Market
  • Issues and Challenges in KSA Robo-Advisory in Wealth Management Market
  • Government Rules and Regulations in KSA Robo Advisory in Wealth Management Market
  • Covid-19 Impact on KSA Robo Advisory in Wealth Management Market
  • Competition scenario of key players based on Revenue, 2022
  • Cross Comparison of Major Players in KSA Robo-Advisory in Wealth Management Market
  • Outlook and Future Projections for KSA Robo-Advisory in Wealth Management Market
  • Analyst Recommendations

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

KSA Robo-Advisory in Wealth Management Market

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UAE Robo-Advisory in Wealth Management Industry Outlook to 2027: Driven by influx of AI technology along with growing demand for financial inclusion and affordability in financial planning

Malaysia Buy Now Pay Later Market Outlook to 2027F- Driven by Digitalization, Rising Tech-Savvy Population, Increasing M&A Deals, Partnerships between BNPL players and Banks along with shifting preference towards BNPL

Australia Remittance Market Outlook to 2027F- By International Remittance Flow Corridor (Inbound and Outbound Countries and Point of Contact), By Domestic Remittance Flow Corridor (Urban to Rural, Urban to Urban, and others)

France Remittance Market Outlook to 2027- By Inbound & Outbound Remittance, By Channels (Banks, MTOs, M-wallets and Others), By Inflow & Outflow Remittance Corridors, By Point of Contact (Branch Pick-up, Mobile Payment & Online Transactions, Prepaid Cards)

Increasing Digitisation, Positive Outlook for E-Vehicles, Revision of Down payments, Expanding Population and Lower Interest Rates will drive Indonesia Auto Finance Market: Ken Research

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Increasing Digitization: Multi-finance companies today offer convenient facilities in terms of online presence. Automotive Financing Companies are increasingly moving towards higher technological advancements to improve operational profits as well as customer experience, which includes digital installment payment system, zero or very less face-to-face dealing, and simpler procedure, e.g. - Kredit Pintar. Car dealerships are expected to increasingly bring the experience of car shopping online by range of ways such as providing digital showrooms as well as e-finance. In the past, 5 – 10 years, Indonesia is witnessing a new wave of digital enhancements with several new fin-tech platforms for aggregation, peer – to – peer lending and more coming in the market. Some of the most well-known of these start- ups are- broom, cermati etc.

Revision of down payment rates: Financial authority of Indonesia (OJK) has allowed lower down payment rates for multi finance companies and banks whose NPF is less than 1%. This is expected to increase the demand for Auto loans tremendously in future.

Low Interest Rates: Credit lending companies have lowered the interest rates to increase the loan taking capacity of customers; further supported by the Government’s efforts to increase financial support SMEs as SMEs contribute to major share of the total GDP of Indonesia. And also, the policies to take credit have been relaxed significantly to ease the process; strict regulations and verification of long-list of documents have been reduced.

Expanding urban population: Growing urban population and the increasing buying capacity as well as the awareness of the consumers has made automobile as well as auto finance industry to grow hand-in-hand.

Growth of E-vehicles: That Indonesian EV sector is still in its infancy but these also show that market interest has grown significantly. Electrum, a joint venture company between Indonesia decacorn Gojek and energy firm TBS Energi Utama (TBS), synergize to accelerate the development of the most complete and integrated electric vehicle ecosystem in Indonesia. Numerous policies have been issued by the government, to further boost the EV sector, such as Positive Investment List (PIL) as per which the companies that participate in development of EV sector are eligible to benefits like ease of attaining business licenses and leveraging various tax incentives.

Analysts at Ken Research in their latest publication Indonesia Auto Finance Industry Outlook to 2026 - Driven by growing digital penetration, evolving vehicle ownership characteristics and rebates by the Government amidst systematically regulated vehicle ownership and financing policies by the regulatory authorities by Ken Research observed that Indonesia Auto Finance Market is in the Growing Phase with Banking Institutions and NBFCs leading the Market and Online Aggregators Platforms entering the Market. Increasing Digitisation, Positive Outlook for E-Vehicles, Revision of Down payments, Expanding Population and Lower Interest Rates, are expected to contribute to the market growth over the forecast period. The Indonesia Auto Finance Market is expected to see high growth rate over the forecasted period 2021-2026F.

indonesia-auto-finance-market

Key Segments Covered:-

Indonesia Auto Finance Market

By Category of Lenders (by Credit Dispersed), 2021 & 2026F

Captive Financing Companies

Banks

NBFCs

By Type Of Vehicles (by Credit Dispersed), 2021 & 2026F:

Two Wheelers

Three Wheelers

Four Wheelers

By Type of Ownership (by Credit Dispersed), 2021 & 2026F:

Used Cars

New Cars

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By Category of Vehicles (by Credit Dispersed), 2021 & 2026F:

Passenger Vehicles

Commercial Vehicles

By Duration of Loan (by Credit Dispersed), 2021 & 2026F:

1 Year

2 Year

3 Year

3+ Years

By Geographical Location (by Credit Dispersed), 2021 & 2026F:

Rural & Semi Urban

Urban

Metropolitan

Key Target Audience:-

Banks and its Subsidiaries

NBFCs

Captive Finance Companies

Government and Institutions

Automobile Companies

Car Dealers

Government and Institutions

Existing Auto Finance Companies

OEM Dealerships

New Market Entrants

Investors

Auto mobile Associations

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Time Period Captured in the Report:-

Historical Period: 2016-2020

Base Year: 2021

Forecast Period: 2022– 2026F

Companies Covered:-

Bank CIMB Niaga

Bank Rakyat Indonesia

Danamon Bank (Adira Dinamika Finance)

Mandiri Bank (Mandiri Tunas Finance)

Megabank (WOM)

Bank Negara Indonesia

BCA Bank

Bank Jasa Jakarta

Cekaja

ACC Finance

Oto Multiartha

Radana Bhaskara

Adira Finance

Indomobil Multi Jasa

Mitsui Auto Finance

Mandiri Tunas Finance

Rabana Investindo

Maybank Finance

Mobil88

OLX Indonesia

Mobil123

Carmudi

Oto.com

Diamond Smart Auto

Carro

Key Topics Covered in the Report:

Demographic overview and major industries of Indonesia

Economic Overview of Indonesia

Trade Scenario of Indonesia

Indonesia Automotive Market – Vehicle sales

Indonesia Automotive Market - Major OEM brands basis passenger cars sales

Indonesia Auto Finance Ecosystem

Indonesia Auto Finance Market Value Chain Analysis

Major Types of auto loans available in the Indonesia Auto Finance Market

Growth Drivers of Indonesia Auto Finance Industry

Decision making Parameters for selecting Auto loan Vendor

SWOT Analysis of the industry

Trends and Developments in the Industry

Issues and challenges in the industry

Government initiatives in the industry

COVID-19 Impact on the Indonesia Auto Finance Industry

Customer Journey

Indonesia Auto Finance Market Sizing

Indonesia Auto Finance Market Segmentation

Indonesia Automotive Finance Aggregator

Indonesia Auto Finance Market - Future Sizing

Indonesia Auto Finance Market - Future Segmentation

Digital Disruptions in the Indonesia Auto Finance Industry

Analyst Recommendations

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

Indonesia Auto Finance Industry

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Vietnam Auto Finance Market Outlook to 2026F– Driven by Digital Penetration and Dominance of Banks along with a Shift in Consumer Preference form 2W to 4W

Qatar Auto Finance Market Outlook to 2026F– Driven by Increasing Vehicle Prices and Low-Interest Rate In The Country

KSA Auto Finance Market Outlook to 2026F– Driven by Women Entering the Market, Growing Private Entities and Initiatives by the Government

Egypt Facility Management Market Size, Growth Rate & Outlook to 2026F: Ken Research

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  • Residential units would be a major booming segment to focus on due to the rising younger population, ex-pats, and government-sponsored affordable housing programs to the poor population.
  • In coming years, the entry of many new companies in the industry is expected, especially real estate developers and international players with more advanced technology assisted service delivery.
  • Rapid real estate development in terms of smart city development, new infrastructure developments, and focus on tourism and hospitality promotion are the supporting factor for commercial facility management services revenue.

Growing Industrial Sector: FM services in Industrial sector is expected to grow the highest during the period 2021-2026F. In future, it is anticipated that the demand for commercial office spaces will increase constantly, which will be the key contributor to the growth of this sector. Outsourcing is expected to witness a growth during the period 2021-2026F. This is resulting due to adoption of light business model, which will enable firms to enter new markets at a faster rate.

Technological Advancements: Various techniques can be used in innovation and technology can be used to better the FM industry in Egypt. The integration of technology will lead to more quality services bring provided such as observation of the external envelope of the building and checking the damage which will be difficult to reach manually. Technological Advancements leads to lesser dependence on labor, improved quality of services and cost reduction.

Focus on Green Building Management & Energy Efficiency: Green buildings aim at increasing the efficiency of resource usage while minimizing its negative impact on humans and surroundings. Efforts are being made to identify relationships between green building key management practices and green building performance. Structural and non-structural approaches are being adopted for energy management so as to achieve cost reduction in the building operations.

Egypt Facility Management Market

Analysts at Ken Research in their latest publication Egypt Facility Management Market Outlook to 2026F-Driven By Rising End-Users Awareness, Improving Technology and Government’s Strong Initiatives regarding Infrastructureby Ken Research observe that the Facility Management market is an emergent market in Egypt at a rebounding stage from the economic crisis after the pandemic. The rising government policies and demand for facility services, distinctive strategic location along with government are initiatives expected to contribute to the market growth over the forecast period. The market is expected to grow with a double digit CAGR during 2021-2026F owing to the rise in the economy of the country, increasing consciousness towards looks, and new government policies.

Key Segments Covered in the report: -

EGYPT Facility Management Market

By Type of Services

  • Soft Services
  • Hard Services

By Soft Services

  • Housing keeping
  • Security
  • Landscaping
  • Others

By Hard Services

  • Electromechanical Services (including HVAC)
  • Operations and Maintenance Services
  • Fire Safety and Security Systems

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By Service Type

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

By End user Sector

  • Commercial (Includes Offices, retail, infrastructural)
  • Residential
  • Industrial

By Personal Type

  • Outsourced Personnel
  • In-House Personnel

Key Target Audience: -

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

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Time Period Captured in the Report: -

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

Companies Covered: -

  • JLL
  • HASSAN ALLAM
  • CFM
  • EFS Facilities Services
  • Qatar British Business Forum
  • IFMA
  • KHARAFI NATIONAL
  • ENOVA
  • EGYFMA
  • MEFMA

Key Topics Covered in the Report: -

  • Egypt Real Estate Market Overview, 2021
  • Major Real Estate Giga Projects in Egypt
  • Egypt Facility Management Market Ecosystem
  • Business Cycle, Genesis, and Timeline of Egypt Facility Management Market
  • Value Chain & Vendor Selection Process of EGYPT Facility Management Market
  • Business Acquisition Process in Egypt Facility Management Market
  • Egypt Facility Management Market Size, 2021
  • Egypt Facility Management Market Segmentation, 2021
  • SWOT Analysis of the Egypt Facility Management Market
  • Key Growth Drivers in Facility Management Market in Egypt
  • Trends and Developments in Egypt Facility Management Market
  • Major Challenges Faced by the Egypt Facility Management Market
  • Competition Framework for Egypt Facility Management Market
  • Future Outlook and Projections of the Industry, 2021-2026F
  • Market Opportunities and Analyst Recommendations

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

Egypt Facility Management Market

Related Reports by Ken Research: -

Kuwait Facility Management Market Outlook to 2026F- Driven by Rising End-Users Awareness, Improving Technology and Government’s Strong Initiatives regarding Infrastructure

Vietnam Facility Management Market Outlook to 2023 - By Single, Bundled and Integrated Services; By Soft Services (Housekeeping, Security, Landscaping and Others) and Hard Services (Electromechanical Services, Operations and Maintenance Services, Fire Safety and Security Systems), By End User Sectors (Commercial, Industrial, Hospitality, Residential, Infrastructure and Others)

Indonesia Facility Management Market Outlook to 2023 - By Single, Bundled and Integrated Services; By Soft Services (Housekeeping, Security, Landscaping and others ) and Hard Services (Electromechanical services, Operations and Maintenance Services, Fire Safety and Security Systems), By End User Sectors (Industrial, Commercial, Residential, Infrastructure and others)

The Australia Crop Protection Industry has grown steadily in the last five years owing to the technological innovations in the industry and rising use of bio-based crop solutions: Ken Research

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The Crop Protection Market in Australia saw a steady growth in the period of 2017-2021, and the market is expected to grow at a robust CAGR in the forecasted period.

Australia Crop Protection Market Overview: The Australia Crop Protection Market is currently at the growth stage owing to the technological innovations in the industry, pest pressures, rising use of bio-based crop solutions, rising demand for bio-pesticides and the adoption of herbicide-resistant crops by farmers as well as government initiatives. The market is consolidated with ~ players owning the majority of the market.

Insecticides Dominate the Crop Protection Market in Australia: One of the major contributors to the nation's Crop Protection Market in Australia is insecticides. Wheat and Cereals are the major crops grown in the country. Therefore, insecticides are the most commonly used agrochemicals to protect these crops. The Australian government is encouraging the expansion of bio-insecticide goods over conventional pesticide products due to increased environmental harm incidents and organic farming.

Impact of Covid-19 on Australia Crop Protection Market: Australia implemented a nationwide lockdown during the COVID-19 pandemic to prevent the virus's spread. However, the Federal Minister for Agriculture deemed Australia’s food production and supply chain as an essential service, with assurances that there will be no stoppage in agricultural supply lines, transportation, and logistics despite state-imposed border closures; thus pesticides were continually delivered to farms. As a result, the COVID-19 pandemic did not have a significant impact on the Australian Crop Protection Market.

Crop Yields Depend on Agrochemicals: Among the major cereals grown in Australia which include wheat, barley, oats, canary and triticale, insects such as cutworm, armyworm, mites, heliciverpa, and aphids are commonly known pest species that cause yield loss for these crops. Therefore, insecticides are the most commonly used agrochemicals in cereals and grains in the country. Barley like any other cereals can be damaged by a wide range of insect pests. Aphids are the primary insect pest affecting barley in the northern growing region of Australia. Research has shown that the main impact of aphids in the northern region is through their feeding activity, which reduces barley yields. Therefore, to reduce the infestation of diseases and pest, many farmers in Australia rely on agrochemicals to protect their crop from pests, weeds and diseases.

Analysts at Ken Research in their latest publication Australia Crop Protection Market Outlook to 2027F - By Origin (synthetic, bio-based), By Type (herbicides, insecticides, fungicides, nematicides, molluscicides and others), By Application (grains and cereals, pulses and oilseeds, fruits and vegetables, commercial crops, and others)” observed that Australia Crop Protection Market is expected to showcase considerable growth in the coming five years. In the upcoming years, it is predicted to expand more rapidly due to increase in demand for bio-pesticides and the adoption of herbicide-resistant crops by farmers. The Crop Protection Market in Australia is expected to grow at ~% CAGR over the forecasted period 2022-2027F.


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Key Segments Covered in the report

 By Origin

  • Synthetic
  • Bio-based

 By Type

  • Herbicides
  • Insecticides
  • Fungicides
  • Nematicides
  • Molluscicides
  • Others

 By Application

  • Grains and Cereals
  • Pulses and Oilseeds
  • Fruits and Vegetables
  • Commercial Crops
  • Others

 Key Target Audience

  • Government Bodies and Regulatory Authority
  • Agrichemical Companies
  • Biotechnological Companies
  • Pesticide Manufacturers
  • Fintech Companies
  • Investors and Financiers
  • Chemical Companies
  • Venture Capitalist
  • New Market Entrants

 Time Period Captured in the Report:

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

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Companies Covered:

  • Syngenta AG
  • Bayer AG
  • Corteva AgriScience
  • BASF SE
  • United Phosphorus Ltd
  • ADAMA Agricultural Solutions
  • FMC Corporation
  • Nufarm Ltd
  • Sumitomo Chemicals
  • American Vanguard Corporation

 Key Topics Covered in the Report

  • Australia Crop Protection Market Overview
  • Australia Crop Protection Market Segmentation
  • Ecosystem of Australia Crop Protection Market
  • Market Share of Major Players in Australia Crop Protection Market
  • Industry Analysis of Australia Crop Protection Market
  • Value Chain of Crop Protection Market in Australia
  • Key Challenges of Australia Crop Protection Market
  • End User Analysis of Australia Crop Protection Market
  • Key Growth Drivers of Australia Crop Protection Market
  • SWOT Analysis of Australia Crop Protection Industry
  • Future Outlook of Australia Crop Protection Market
  • Trends and Development of Australia Crop Protection Market

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

Future Outlook of Australia Crop Protection Market

Related Reports by Ken Research: –

South Africa Crop Protection Market Outlook to 2022

Indonesia Agrochemicals Market Outlook to 2025

Europe Agriculture Equipment Market Outlook to 2023