Germany Car Rental Industry to reach USD 4,400 million by 2017: Ken Research

Inclination in the growth of internet subscribers, preference for car-sharing and a rise in international tourist arrivals will lead to future growth.

New Delhi: 01/08/2013- Germany car rental industry has been undergoing a revolutionary change with the increase in car-sharing and online car renting, which are expected to drive the future of the industry. With an inclination in the construction of road networks and expansion in number of international tourist visits to Germany, the demand of cars for renting purpose would increase, thereby increasing the growth potential of car rental industry of Germany in future.

Carpooling and non-airport segment of the industry will be the major growth areas for the car rental companies in the Germany in the coming few years. The car sharing market in the country is anticipated to grow at a CAGR of 15.8% by members over the period 2013-2017. It is expected that by 2017, Germany’s car sharing market would grow at a rapid pace due to enhanced integration with third party mobility solution suppliers as well as surging partnerships with cooperatives, facilitating immense car sharing facilities among neighborhood communities.

In Germany, a pilot project has been started by the semiconductor manufacturer Infineon to replace regular pool vehicles with a corporate car sharing system. Corporate car sharing among employees is a more economical solution than company cars in regard to administration, travel and running expenses and maintenance. Thus, overall the car sharing market in the country is expected to showcase considerable growth in the coming five years. Despite some recent legal challenges to peer to peer car sharing, the range of sharing options is growing, as it makes easier for the travelers to skip taxis, traditional car rentals and car ownership.

According to research report, “Germany Car Rental Market Outlook to 2017: Car Pooling and Online Bookings to Drive Future Growth, Germany car rental market is estimated to grow at a CAGR of 4.17% over the period 2013-2017 because of recovery in the economy, growing off-airport car rental market and increasing business and leisure trips by German people. With an inclination in the construction of road networks and expansion in number of international tourist visits to Germany, the demand of cars for renting purpose would increase, thereby increasing the growth of car rental industry of Germany in future.

It is expected that by 2017, Germany’s car off-airport market would grow at a rapid pace due to the expansion of rental services to the suburban areas of Germany and aggressive geographic expansion plans by the major companies to open offices in off-airport locations, thus making it convenient for the travelers to rent a car near their place.

The report provides detailed overview on the Germany car rental market in India and aids readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, car rental companies to align their market centric strategies according to ongoing and expected trends in the future.

For more information on the industry research report please refer to the below mentioned link:

http://www.kenresearch.com/automotive--transportation/automobiles/germany-car-rental-market/389-100.html                                                                                                   

Traditional Chinese Medicine to Drive the Growth of Osteoporosis Drug Market in China: Ken Research

The target Population for traditional Chinese medicine is expected to account for 56% of the total treated osteoporotic patients in the year 2017. Rising disposable income, increasing awareness and preference among consumers to go the traditional way would drive this growth.

The Osteoporosis Drug Market in China in China reached a market size of USD 1,608.9 million in the year 2012 with the growing number of osteoporotic patients in the country. The number of osteoporotic patients in China was registered at 73.6 million in 2012. Majority of the growth in the osteoporotic drug segment has been driven by the traditional Chinese medicine which has steered the overall growth of this market by growing at a CAGR of 6.7% during 2007-2017. In the coming years this segment is further expected to propel and register a CAGR of 9.7% during 2012-2017. Xianling Gubao is a leading traditional Chinese medicine used for treatment of osteoporosis in China. High demand of traditional medicine can be attributed to the majority of the population in China residing in smaller towns and cities. Moreover high affordability and convenient availability have also significantly driven the growth of traditional medicine in the country. Additionally people in even urban areas now prefer to go the traditional way. For instance a significant portion of the revenues of Xianling Gubao in China comes from the leading hospitals in the country. These factors would continue to contribute to the growing drug market for osteoporosis in the country.

“High consumption and demand of traditional Chinese medicine Xianling Gubao has also been made a part of the reimbursement list in the state health insurance of China.”- According to the research report ‘China Osteoporosis Market Outlook to 2017– Traditional Chinese Medicine to Steer the Growth’ from Ken Research.

According to the report, market for the China Osteoporosis Market would be majorly driven by the growing osteoporosis patients in the country while the drug market would be dominated by the high demand for traditional Chinese medicine.

The report provides detailed overview on the osteoporosis market in China and aids readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, osteoporosis drug companies, diagnostic service providers, diagnosis equipment manufacturers and other stakeholders to align their market centric strategies according to ongoing and expected trends in future.

For more information on the industry research report please refer to the below mentioned link:

http://www.kenresearch.com/healthcare/pharmaceutical/china-osteoporosis-market/388-91.html

China Toys and Games Market to reach USD 70,302 million by 2017: Ken Research

Increasing popularity of mobile and social games to spur future growth

New Delhi: 07/19/2013- The role of toys and games has transitioned from parenting to tools of child learning and development. Parents nowadays are pre occupied with their professional life and hence, the role of toys and games has become more important. Toys and games play a crucial part in child’s development and increasing their overall proficiency. This has helped in the growth of toys and games market in China. Large variety of toys and games are available in China toys and games market presently. Construction and building toys and massively multi player online role playing games are the most popular categories of toys and games in China.

China is a gigantic market for toys and games. It is the largest toys manufacturer in the world with approximately 80% of the toys exports in the world being exported from China. The key growth drivers of this market are small size of families, significantly rising population and a growing affluence of the Chinese people. With the rising income levels and improvement in the quality of life, the demand for toys among the Chinese people have transformed. There is a shift from traditional, battery-operated toys, construction sets and decorative toys towards unique and innovative electronic toys, intelligent and educational toys as well as plush toys and decorative fabric toys. The market is driven by established retails and more consumers with high disposable income in the tier one markets as compared to the tier two and three markets. The overall toys and games market in China have will reach USD 70,302.9 million in 2017 registering a CAGR of 26.0% during 2013-2017.

According to the research report, it is expected that traditional toys in China will undergo fundamental changes in the future. In future, toy designers will add modern elements to traditional toys in order to give them a new charm. Preschool and educational toys will offer huge market potential in China in the near future. It is anticipated that China toy industry will develop into a more organized market in the near future. The industry would benefit from collaborations and alliances with foreign companies. The companies would come up with new brands of toys with unique features. This will steer up the competition between the domestic and overseas toy manufacturing companies in the china toys market.

China’s online game industry is evolving rapidly which emphasizes the need to adapt to new industry trends, including changes in game players’ preferences, new revenue models, new game content distribution models, new technologies and new governmental regulations. With the increasing social networking population in the country, more users are likely to get inclined towards social games which take the platform of social networking sites. The shift towards mobile gaming will also invite more companies to launch exciting mobile games which the player enjoys to play even on a small screen of a mobile. It presents immense evolution opportunity

The report “China Toys andGames Market Outlook to 2017- Advent of Mobile Online Games to Accelerate MarketGrowth” provides detailed overview on the toys and games market in China. This report helps reader to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in the coming years. The report will help industry consultants, toy manufacturing and gaming companies, suppliers and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

                                                                                     

For more information on the industry research report please refer to the below mentioned link:

http://www.kenresearch.com/media--entertainment/gaming-and-recreation/China-Toys-and-Games-Industry/386-94.html

Spas and Salons Set to Flourish Strongly across Qatar Until 2017: Ken Research

The health and wellness market in Qatar has grown consistently during 2006-2012 due to a combination of various factors such high disposable income, growing awareness among the population of the country and others. Spa and salon market is all set to drive the health and wellness market of Qatar with an expected CAGR of 29.2% during 2013-2017. The spa market would majorly be driven by the hotel spas. The tourism industry in Qatar has grown significantly with the tourism authority expecting this inflow to rise by 20% in the coming years. Willingness of the local population to spend on luxuries and their increased association of spa therapies with therapeutic advantages has resulted in bigger independent spas to establish in the country. Salons are present all over Doha providing a vast variety of services apart from doing ‘Just Hair’. Moreover specialty salons such as those designed especially for kids for fuel the further growth in this market. Cosmetics and fragrance market would continue to maintain its share in the overall health and wellness market of Qatar.

The health and fitness clubs market is highly unorganized with differentiated fee structure of personal trainer but it is expected that with more number of clubs opening in the cities, the rising market competition will bridge the gap between the membership fees and personal trainer fee in the country. The health and wellness market will continue to witness global brands entering these three segments during 2013-2017.

“With world soccer 2022 going to be held in the country, the Qatar hotel spa market is all set to surge in terms of high footfalls expected in the hotels. Market for the health and wellness in Qatar would be majorly driven by the high demand for the spas and salon services in the country. The contribution of hotel spas to the spa and salon market is expected to be around 84.5% in 2017" - According to the research report ‘Qatar Health and Wellness Industry Outlook to 2017 – Spa and Salon Market to Fuel the Industry Growth’ from Ken Research.