Wednesday, July 26, 2023

The Global Respiratory Devices Market is poised to become a USD 27 Bn Market by 2027. Will the projections justify growth? : Ken Research

 The market will be growing at the rate of 8.5% owing to increasing adoption of miniaturized respiratory devices & rising cases of respiratory illnesses, says a report by Ken Research

Global Respiratory Devices Market Ecosystem

The Global Respiratory devices market is highly fragmented in nature, with the presence of many international players as well as local players. Some of the major players in the industry include Philips Healthcare, ResMed, Drager & Medtronic.

Global Life Enhancing Medical Devices Industry

1. “Illnesses being a growth factor?:” With rising cases of respiratory problems, companies are now realizing the huge potential it holds for the respiratory devices market.

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Infectious respiratory diseases directly drive demand for respiratory care. COVID-19 is the most recent example of these diseases. The pandemic has resulted in a surge for demand for personal protective equipment & ventilators, among others. The demand for ventilators has also grown due to the prevalence of other diseases, resulting in government & industry support for these devices.

2. “Home healthcare devices market providing a boost:” With an increasing trend towards adoption of home healthcare devices, miniaturized respiratory devices have become a need rather than a want.

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The rapid growth in global geriatric population, rising incidents of chronic diseases (including COPD & asthma), alongside the cost advantage of home care devices & services are the key factors driving the global respiratory devices market. As per WHO, a total of 251 Mn cases of COPD were diagnosed globally. The high growth potential in emerging markets, healthcare decentralization & the evolution of miniaturized devices are some of the major factors that are expected to provide significant opportunities to players operating in the respiratory home healthcare market.

By Type of Product

  • Inhalers
  • Respiratory Consumables
  • Nebulizers
  • Oxygen Concentrators
  • Positive Airway Pressure Devices
  • Spirometer

By End-User

  • Hospitals
  • Clinics
  • Others

By Geography

  • Asia Pacific
  • Middle East
  • North America
  • Australia
  • South America
  • Europe

Time Period Captured in the Report:

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

For More Insights On Market Intelligence, Refer To The Link Below: –

Global Respiratory Devices Market Outlook to 2027

Related Reports By Ken Research: –

US Medical Devices Market Outlook to 2027

India POCT Market Outlook to 2027F

The global smart home security systems market is expected to reach USD 55 Bn by 2027. Will Global Smart Home security system market stand on this expected figure?

 The smart home security market is highly fragmented due to low entry barriers. The major players in the market are ADT Inc., Honeywell International Inc., Johnson Controls International PLC, Hangzhou Hikvision Digital Technology Co. Ltd, and Abode Systems Inc., among others. Further strategic partnerships and innovations are the driving force for the industry, and the market is evolving faster in terms of technology and features.

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IMPACT OF COVID-19 ON THE MARKET

With the shift to working from home, people spent more time at home. Therefore, fewer cases of home burglaries were recorded. However, as these fewer cases of robbery and assaults are witnessed due to social distancing, spending more time at home has also led to increased mental health emergency calls.

The outbreak of COVID-19 has led to an additional motivation and incentive for voice control in the home, which has, in turn, driven awareness and adoption of a range of additional smart home devices and applications. Therefore, a shift in spending toward technology-enabled services for home consumption has increased. Since integrated voice control function in smart devices is particularly important, as it enables people to refrain from touching common surfaces, such as door handles, light switches, and thermostats, smart doorbells and video cameras are also ensuring its users receive deliveries without face-to-face exposure with people outside of the home. Such a change of habit and emphasis on online shopping could support increased smart home adoption long after the coronavirus pandemic is over.

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Increasing Competition Globally

Essence Group, a global security solutions provider, announced a partnership with the Portuguese smart access supplier Chaviarte. As an expansion strategy for Essence into the Portuguese market for its WeR@Home security and home management platform, Chaviarte's existing security hardware is expected to be integrated into the latter's core business door lock and entry systems.

Vivint collaborated with Chamberlain Group to offer better control and monitoring of smart homes and garages via a single app. myQ by Chamberlain Group (CGI) offers garage door opener brands. This is expected to help Vivint secure all vital access points to a typical smart home.

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

  • IT Companies
  • Tech Giants
  • Government Bodies
  • Home Décor Brands
  • Retail Chains
  • Smart Device Wholesalers
  • Investors

Time Period Captured in the Report:

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

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

Global Smart Home Security Market Outlook to 2027

Related Reports:

China Cyber Security Market Outlook to 2027F

South Korea Digital Locks Market Outlook to 2027

Tuesday, July 25, 2023

How has Covid-19 changed the growth story of the Qatar Digital Fitness Services Market? : Ken Research

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The fitness market in Qatar has witnessed strong growth with a considerable expansion in the number of boutique and budget fitness centers directly contributing to the economy. The rise in Personal Disposable Income, High Rates of Obesity, Rising Awareness about Health & Fitness, Increased Investment in Ladies Fitness Centres, Government Initiatives, and to overcome health issues such as diabetes and cancer have been the major key factors that drive the demand for fitness services centers in Qatar.
However, the global pandemic impacted the growth of the industry. But soon the market picked up pace as people started shifting to online mode to work out. This shift gave rise to the digital fitness service industry in Qatar. Here is a key insight into how COVID-19 carved the way for the digital fitness service market to thrive in Qatar.

1. Qatar Fitness Services Market is a largely under-penetrated market with less than 3.0% of the population actively participating in a Fitness Centers

fitness market in Qatar

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2. But Initiatives such as National Sports Day and Annual sponsored fitness events like Ooredoo Marathon are taken up by the Government to Raise Awareness About Healthy Lifestyle and Physical Activity

fitness market in Qatar

3. Presently, majority of the Population in Qatar, irrespective of age group participate actively in Regular Physical Activities such as Walking, Cycling & Gymming in Public Parks, Fitness Centers or at Home

fitness market in Qatar

4. However, gyms, studios, and fitness centers had to be shut as they became an “immediate suspect” for COVID-19 infection which impacted the Qatar Fitness service market

fitness market in Qatar

5. But, Fitness club owners grappling with declining memberships quickly caught on by offering on-demand and livestream group workouts through their own websites or with the help of social media

fitness market in Qatar

6. Brick and Mortar fitness centres are facing competition from online weight loss programs owing to growing prominence of social marketing and platforms that have started online fitness tutorials

fitness market in Qatar

7. As a result, the Qatar Digital Fitness Market has witnessed a tremendous growth of ~51% CAGR over the past few years

fitness market in Qatar

Some of the Intelligence Curated by Ken Research in Fitness Services Market Space:

  • France Fitness Services Market Outlook to 2027F driven by increase in health & fitness consciousness & the rise of boutique fitness
  • Belgium Fitness Services Market Outlook to 2027F By Type of Market (Organized Market, Unorganized Market), By Source of Revenue (Membership Fee, Personal Training), By Payment Method (Card, Cash, Bank Transfer, Digital wallet, Others), By Subscription Period (1 Month, 3 Month, 6 Month, 12 Month)
  • Germany Fitness Services Market Outlook to 2027F driven by increase in health & fitness consciousness & innovation in fitness industry
  • Bahrain Fitness Services Market Outlook to 2027F By Type of Market (Organized Market, Unorganized Market), By Source of Revenue (Membership Fee, Personal Training), By Payment Method (Card, Cash, Bank Transfer, Digital wallet, Others), By Subscription Period (1 Month, 3 Month, 6 Month, 12 Month)
  • China Fitness Market Outlook to 2027F By Market Structure (Organized, Unorganized) By Revenue Stream (Membership, Personal Trainer, Supplementary Services) By Subscription (3 months, 6 months, 1 year, Others) By Gender (Male, Female)

To Know more about this Whitepaper, Visit this link:-

 Qatar Digital Fitness Services Market

Netherlands EV Equipment Market generated over USD 500 Mn in 2022. Will Netherland support the EV Equipment Market growth trajectory? Ken Research

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Electric Vehicle Equipment Market in Netherlands is a moderately consolidated with highly competitive rivalry among the competitors. Netherlands EV Charging Equipment industry is catered by the domestic and international players. Allego and EV Box together contribute majority of the market share in 2022. CPO’s are battling against each other to offer multiple products, expand manufacturing units in multiple locations.

Netherlands EV Charging Equipment Market

1.Tesla and Volkswagen OEM has the highest number of car registrations of 97,255 followed by Audi with 17,911 passenger cars registered in 2022.

Netherlands EV Charging Equipment Market

  • Netherlands has become Tesla’s biggest market in Europe as Tesla model 3 and Tesla model S are among Europe’s best-selling electric vehicle models, both in terms of vehicles in operation and new car registrations. The major reason is higher tax benefit on BEV passenger cars and wide charging network of Tesla for Electric vehicle in Netherlands.
  • Volkswagen has shift its focus to electric cars only, from 2033 the company will only produce electric cars in Europe. Top sold Models for Electric cars are Volkswagen’s new ID.3 model and Volkswagen Golf in Netherlands.

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 2.EV Charging Equipment market is one of the fastest growing markets in the Netherlands with rising players owing to the government policy to make all new vehicles zero emission by 2030

Netherlands EV Charging Equipment Market

  • In 2010 the Netherlands was the first market in the world to launch mass-produced e-vehicles and Formula E-Team became operational.
  • The Formula E-Team continues in this umbrella deal with the aim of having 15,000 to 20,000 e-cars in operation by 2015, including a properly functioning infrastructure with sufficient national coverage.
  • Major challenges include high costs for installation & maintenance and less EV drivers in comparison to Electric vehicle infrastructure.

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Market Taxonomy

By Type of Electric Vehicles Vehicle

  • 4W
  • 2W

By Application

  • Public Charging Station
  • Home Chargers
  • Private Charging Station
  • Portable Chargers

By Types of Chargers

  • AC Charger- Slow Charger
  • DC Charger- Fast Charger

By Type of Charging station

  • Private Charging Stations
  • Public Charging stations
  • Semi-Public Charging Stations
  • Fast Charging station

By Application

  • 4W

By Geographic Demand

  • west
  • South
  • East
  • North

By distribution channels for 4W chargers

  • Tender
  • Distributors
  • Direct sales

Major Players Mentioned in the Report:

  • Vattenfall
  • Total Energies
  • Alfen
  • Allego
  • Fastned
  • New Motion
  • Tritium
  • EVIT

Key Target Audience

  • Electricity Supplier
  • EV Manufacturers
  • EV Charging Equipment Manufacturers
  • EV Charging System Operator
  • Demand side Transport Operators
  • Government Bodies

Time Period Captured in the Report:

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

For More Insights On Market Intelligence, Refer to the Link Below: –

Netherlands EV Charging Equipment Market Outlook to 2027

Related Reports by Ken Research: –

India EV Charging Equipment Market Outlook to FY2026

UAE Electric Vehicle Charging Equipment Market Outlook to 2026

UK EV Charging Equipment Market Outlook to 2027

Global Respiratory Devices market which grew at a robust CAGR from 2017-2022 & is forecasted to grow steadily from 2022-2027: Ken Research

 What is the Size of Global Respiratory devices Industry?

Global Respiratory devices Market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD ~ Bn by 2027. The Global Respiratory Devices Market is largely driven by rising cases of respiratory illness such as COPD & Asthma. There has been a change in the demand for respiratory devices in recent years, supported by the quickly developing product development trends. Furthermore, the market for respiratory devices is growing because of factors such as inorganic growth strategies conducted by companies to promote their product.

The growing preference among customers for home healthcare devices is boosting the worldwide Respiratory devices market. The Respiratory devices companies have shifted their emphasis to providing home-based   products which includes is not only beneficial for people with COPD & asthma but also serves as first hand care in care of emergency. The market is expanding because of the increased focus on implementing technology to enhance the customer experience and minimize healthcare failure.

Investment Respiratory Devices Market

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Global Respiratory devices Market by Product type

The Global Respiratory Devices Market is segmented by Product type into Inhalers, respiratory consumables, nebulizers, oxygen concentrators. There is a preference towards inhalers as of now due to the rising cases of asthma amongst younger population.

Global Respiratory devices Market by End user

Global Respiratory devices Market is segmented by end user type into Hospitals, Clinics & others. Hospital segment has been covering a major segment of the market owing to growing public private partnerships & improving health infrastructure.

Global Respiratory devices Market by region

The Global Respiratory Devices Market is segmented by region into North America, Europe, Asia Pacific, Middle East, South America. North America held the largest share of market in 2019 while Asia Pacific is expected to capture a large share of market in upcoming years.

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Competition Scenario in Global Respiratory devices Market

The Global Respiratory devices market is a highly competitive and diverse industry with many major players operating in the region. Here are some of the leading catering companies in the global Respiratory devices Market. Top players include Medtronic, Philips Healthcare, ResMed including others. The market is largely driven by active inorganic growth strategies, innovative technologies & increasing investment scenario.

What is the Expected Future Outlook for the Respiratory devices Market Across the globe?

The Global Respiratory Devices Market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

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The Global Respiratory Devices Market is driven by customers' growing preference for home based miniaturized respiratory devices is driving growth in the Global Respiratory devices services market. The growing preference among customers for home healthcare is boosting the worldwide organic Respiratory devices market. The Respiratory devices companies have shifted their emphasis to providing innovative products which is good for usual healthcare as well as emergency. The market is expanding because of the increased focus on implementing technology to enhance the customer experience and minimize healthcare failure.

In addition to this, companies are involving themselves in active growth strategies in order to prevent healthcare failure. Although factors such as consumer hesitation with regards to product ingredients may hamper the market growth, the increasing popularity of home-based devices is clearly driving market growth. Our researchers examined the data with 2022 as the starting point, as well as the key drivers, trends, and challenges. A comprehensive analysis of drivers will assist businesses in refining their marketing strategies in order to gain a competitive advantage.

For More Insights On Market Intelligence, Refer To The Link Below: –

Global Respiratory Devices Market Outlook to 2027

Related Reports By Ken Research: –

US Medical Devices Market Outlook to 2027

India POCT Market Outlook to 2027F

Philippines' Economic Boom Ignites Home Finance Revolution: Unlocking The Door To Affordable Homeownership, Reaching A CAGR Of 12.0% By 2027. Will Philippines Stand On This Expected Figure? Ken Research

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The Philippines House Finance market is concentrated. The nature of competition is high. Philippine home finance market by banks making it moderately consolidated with competitive rivalry among the competitors. Some of the popular players are Bank of the Philippine Islands, Security Bank, Banco de Oro (BDO), Metro Bank, East West Bank, LANDBANK of the Philippines, Philippine National Bank and China Bank Corporation.

Philippines Home Finance Market

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1. Philippines' Economic Boom Ignites Home Finance Revolution: Unlocking the Door to Affordable Homeownership.

Philippines Home Finance Market

PHILIPPINES GDP GROWTH FORECAST

The development of the home financing market is significantly influenced by overall economic growth and stability. When the economy is booming, individuals have more money to spend and more confidence in making long-term commitments like house purchases. Demand for house loans is increased by a healthy economy with growing salaries and employment possibilities that encourage more people and families to think about buying a home.

2. Prepayment Surge in Philippines' Home Loans Signals Accelerated Path to Debt-Free Homeownership

Philippines Home Finance Market

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Covid-19 and increase in POGOs led to a lot of fluctuations in the real estate market before 2022, but as the market has started to recover the average repayment rate is back at 11%.

Pag-IBIG also recorded a higher performing loans ratio of 89.96% in October, 2022.

3. Attractive offers by lenders luring Filipino’s to go for house financing

Philippines Home Finance Market

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With more banks, non-bank lenders and other financial institutions entering the market, borrowers are now able to access more financing options. This increased competition has resulted in more competitive interest rates, lower origination fees, and a wider range of loan products.

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

Philippines Home Finance Market

Related Reports By Ken Research

Global Auto Finance Market Outlook to 2027

Mexico Car Finance Market Outlook 2027F

A Concrete Chemistry: India’s Construction Chemicals Market to witness a booming trend with a 12.1% CAGR (2022-2028) : Ken Research

 A booming construction sector alongside government aid to be the backbone of India’s Construction Chemicals Market, says a report by ken Research

The India Construction Chemicals market is highly fragmented in nature, with the presence of many international players as well as local players. Some of the major players in the industry, are Pidilite, Asian Paints, Sika, Fosroc, Aqua Prof and Fibrex.

India Construction Additives Market

  1. Government driven boom: Railways, Roads & Energy Projects Propel Infrastructural Activities, creating Lucrative Opportunities for India’s Construction Chemical Market.

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The Indian Government’s strategic initiatives, including the National Infrastructure Pipeline (NIP) alongside the Production Linked Scheme (PLI), are propelling the infrastructure sector & encouraging the Indian construction Industry to reach around INR 2.0 Tn by 2025. Moreover, with demand for residential properties surging with the support of schemes such as Pradhan mantri Awas Yojana Urban (PMAY-U), Pradhan Mantri Gramin Awas Yojana (PMAY-G), the Tamil Nadu Housing Board Scheme (TNHB) alongside government’s reduction of GST taxes on housing from 12% to 5% has significantly increased investment in residential sector which is ultimately boosting the construction chemicals market

  1. Rising Construction Sector, M&A Activities, and Government Support Propel India's Construction Chemicals Market in Southeast Asia.

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The India construction chemicals market is experiencing a significant boost due to increased investments in the commercial and residential infrastructure sectors, as well as strategic collaborations with government organizations. This industry has always been characterized by active mergers and acquisitions, as companies recognize the importance of inorganic growth strategies to maintain a competitive edge across various segments. By leveraging these opportunities, players in the construction chemicals sector are able to expand their market presence, capitalize on emerging trends, and enhance their product portfolios to cater to the evolving needs of the construction industry.

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

  • Construction Companies
  • Engineers
  • Industrial & Commercial Companies
  • Distributers & Retailers
  • Infrastructure Consultants & Research Institutions

 Time Period Captured in the Report:

  • Historical Period: 2017-2022
  • Base Year: 2022
  • Forecast Period: 2022-2028

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

India Construction Chemicals Market Outlook to 2028

Related Reports:

Malaysia Construction Chemical Market Outlook 2027F

Vietnam Construction Chemical Market Outlook to 2027F

Indonesian Construction Chemicals Market Outlook to 2025

The Middle East Catering Services Market was valued at USD 2.7 Bn in 2021. Will Middle East continue to support Catering market players domestically and internationally in future? : Ken Research

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The Middle East catering market is a highly competitive and diverse industry with many major players operating in the region. Here are some of the leading catering companies in the Middle East. Top players such as Shaqab, Zad, Amwaj, Qatar Caterers and Contractors in Middle East Catering Market hold major market share. The market is largely driven by rising demand for healthier fresh food and international cuisine and rising culture of on-site catering.

Middle East Catering Market

1.Incline towards healthy food and beverages is now a major trend among the masses in Middle East.

Middle East Catering Market

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The Middle East catering market is a diverse and rapidly evolving industry, with several trends shaping its growth and development. One of the most significant trends in the Middle East catering market is the increasing demand for healthy and sustainable food options.

As people in the Middle East become more health-conscious, there has been a growing preference for fresh and healthy foods that are made with locally sourced, organic ingredients. Caterers are responding to this trend by incorporating more fresh fruits and vegetables, whole grains, and lean proteins into their menus.

2.Middle East Inflight Catering Market Trends

Middle East Catering Market

Currently, full-service carriers are dominating the inflight catering market, and though their market growth rate is lower than that of low-cost carriers, they are expected to continue dominating the market. On account of the rising competition and the lower operating costs, due to the reduction in oil prices, full-service airlines have been rapidly upgrading their inflight catering, along with aircraft interior and services. This has freed up a lot of liquidity with the carriers. There are many FSCs in the Middle East that are known for providing the best passenger amenities. They are Qatar Airways, Singapore Airlines, ANA All Nippon Airways, Cathay among others. Few airlines have started providing customized menus and onboard chefs to better serve the business and first-class passengers. The growing full-service carrier routes and new partnerships of the airlines with local restaurants in these regions are the major factors that are likely to support the growth of the segment during the forecast period.

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Market Taxonomy

By Services Type

  • Contractual
  • Non-Contractual

By End-Users

  • Healthcare
  • Corporates
  • Education
  • Hospitality
  • Industrial
  • In-flight
  • Others

By Region

  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • Saudi Arabia
  • United Arab Emirates
  • Yemen

By Basis of Applications

  • Wedding Catering
  • Corporate Catering
  • Social Events Catering
  • Others

Key Target Audience

  • Airline Catering Companies
  • Fine Dining Caterers
  • School Caterers
  • Hotels
  • Industrial Caterers
  • Government Bodies
  • Facility Management Companies
  • Industries
  • Schools
  • Hospitals

Time Period Captured in the Report:

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

Major Players Mentioned in the Report:

  • Qatar Aircraft Catering Company (QACC)
  • Integral Food Services
  • Shaqab
  • Qatar Star Services
  • Yemek Doha
  • Sodexo Teyseer
  • Newrest Gulf
  • Tamimi Group
  • Compass Group
  • PDC Tamween
  • Zad Catering Services
  • Amwaj
  • Crompton Catering
  • Food Services Company

For More Insights On Market Intelligence, Refer to the Link Below: –

Middle East Catering Market Outlook to 2027

Related Reports by Ken Research:

 Global Catering and Food Service Contractor Market 2019 by Company, Regions, Type and Application, Forecast to 2024

India Catering Services Market Outlook to 2027F By Event Catering, Industrial, Education, Flight, Healthcare, Corporate, and Other Catering

Australia Catering Services Market Outlook To 2027F By Event Catering, Industrial, Education, Flight, Healthcare, Corporate, and Other Catering

Monday, July 24, 2023

Unlocking The Potential: How Digital Freight Aggregator Platforms And The South Africa CEP Market Will Drive Growth In The Logistics Industry, And What Lies Ahead? : Ken Research

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The Logistics Market in South Africa highly fragmented with highly competitive rivalry among the competitors. Some of the popular Logistics brands like DHL, UPS, Value Logistics, Bidvest, One Logix, Titan Cargo and many more compete on the basis of type of fleet, warehousing space, freight volume, clients, and more.

South Africa Supply Chain Industry

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1. Revolutionizing the Freight Industry: How Digital Freight Aggregator Platforms Deliver Efficient Freight Matching, Better Profitability, Smarter Operations, and Greater Service Quality.

South Africa Supply Chain Industry

Digital freight aggregator platforms offer standardized shipping order posting for shippers, and quick quote options from reliable truckers. Truckers can easily find shipments while on the go, without waiting at logistics parks, resulting in higher income and utilization rates. Shippers enjoy lower shipping costs and more transparent pricing as they can interface directly with truckers, and software supports both shippers and truckers with transportation management systems and data-driven algorithms. The platforms act as an escrow agent, ensuring secure transactions, and provide customer service and dispute resolution protocols.

2. DSV, Schenker, and Rhenus Group lead the way in modernizing South Africa's logistics industry with new state-of-the-art warehouses and storage facilities.

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DSV consolidates Gauteng operations in South Africa to create Africa's largest centralized facility near O.R. Tambo International Airport. The new logistics center covers 130,000 m² of buildings and offers supply chain solutions under one roof. Rhenus Group expands its warehousing space in Durban with a new storage warehouse of 7,700 m², strengthening its local capabilities and creating new jobs. Truworth signs a deal to build a new 53,000 m² Western Cape distribution center in Cape Town, which includes a modern warehouse and storage facilities.

South Africa Supply Chain Industry

To Know About Bonded Warehouses in South Africa: Click Here

3. Revving Up: How Online Retail, Swift Deliveries, and Tech are Fueling the Explosive Growth of the CEP Market in South Africa.

South Africa Supply Chain Industry

Online retail in South Africa surged by 35% in 2022, spurring demand for home deliveries. The rapid growth of smartphone usage is also driving e-commerce. Courier companies can enhance competitiveness and reduce shipping costs by offering fast, one-day, and same-day delivery options. Firms like Bidvest, Fastway, and The Courier Guy are already providing same-day delivery services. Integration of technology into products, parcels, delivery networks, and warehouses is improving the ROI for CEP companies. The adoption of RFID tags enables real-time tracking and value-added services.

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

South Africa Transportation Market

Related Reports by Ken Research:-

Indonesia Logistics Market Outlook to 2027

Singapore Logistics Industry Outlook to 2028

Ignite Your Engines: Explore how the Tech Trends will Shape the Automotive Industry in KSA! : Ken Research

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With a strategic roadmap to reduce oil dependency and curb imports, KSA is stepping on the accelerator to rev up domestic manufacturing and turbocharge industrial development. With a notable decline in import volume during the period of 2016-2021, KSA's government initiatives to build in-house manufacturing capabilities have been gaining traction. As a result, the automotive industry in KSA is experiencing a remarkable growth ride.

Curious to delve deeper into the exciting journey of KSA's automotive market? Read more to uncover the key growth drivers that are sculpting the future of the industry. Discover the strategies, innovations, and potential that lie ahead.

1. To reduce dependence on oil & imports, KSA has made a Strategic framework to develop domestic manufacturing & facilitate industrial development

KSA Automotive Market

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2. As a result, Industrial clusters and the private sector are increasingly investing in the production of advanced mobility materials and vehicle parts

KSA Automotive Market

3. Four Key Trends are Re-Shaping the Automotive Industry with Serious Implications on OEMs and Suppliers in KSA

KSA Automotive Market

4. Further, Huge export opportunities are available in KSA with the establishment of the automotive industrial clusters, helping in filling demand in Africa & other GCC countries as well

KSA Automotive Market

Some of the Intelligence Curated by Ken Research in Automotive Market Space:

  • UK EV Charging Equipment Market Outlook to 2027 Driven by Rising Demand for Eco-friendly Transport and Strong Government Policies and Incentives
  • India MBO Two Wheelers Market Outlook to 2027 Driven by economic recovery after COVID and increasing demand for 2Ws is helping the MBOs players to sustain their market position in the high fragmented market structure
  • USA EV & EV Charging Equipment Market Outlook to 2027 Driven by growing market driven by government support and customer drive towards cost-efficient mobility
  • Global Used Vehicle Market Outlook to 2027 Driven by Type of Market Structure, by Type of Vehicle, by Age of vehicle, by kms Driven and by Region
  • Vietnam Car Rental Market Outlook to 2027F Driven by Increasing Internet Penetration Rate, Tourism and Urbanization

To Know more about this Whitepaper, Visit this link:-

KSA Automotive Market