Wednesday, May 21, 2014

India Nutraceuticals Industry Market Size Report- Ken Research

India Nutraceuticals Industry Outlook to 2018 - Rising Health Consciousness to Steer Growth provides a detailed analysis of the industry covering various aspects including market size in terms of revenues and market segmentation on the basis of major types such as dietary supplements and functional food and beverages. The report also includes competitive landscape and profiles of the major players operating in the industry. The future projections are included to provide an insight on the prospects in the India nutraceuticals industry.

The nutraceuticals market in India is growing at a rapid rate over the period of last seven years. This growth rate can be attributed to rise in health consciousness, increasing awareness about the various types of nutraceuticals available in the market and willingness of people to spend on health fortifying food and additives. In terms of revenue, the nutraceuticals industry of India has showcased a rapid growth at a ~% CAGR over the period. The revenues have grown from USD ~ million in FY’2006 to USD ~ billion in FY’2013.

India nutraceuticals market is dominated by the functional food and beverages segment which accounted for ~% share in FY’2013. However, the industry has witnessed the rapid growth of the dietary supplements market, propelled by increasing awareness amongst people to guard themselves against chronic diseases. The sales of vitamins have dominated the dietary supplements market over the years, with minerals supplements closely following behind. The marketplace has witnessed increasing consumer interest for the energy and sports drinks in recent years, largely propelled by a growing demand from the young and affluent professionals.

While the functional food and beverages market is highly cluttered with a host of small and big players, Amway has been a dominant player in dietary supplements market for the past few years which accounted for ~% share in the overall revenues of the dietary supplements industry. Dabur India and Ranbaxy constitute other major players with a percentage contribution of ~% and ~% respectively.

The nutraceuticals market of India is still underpenetrated, with a major presence in urban parts if the country. The vast population base of India has presented wide prospects for the nutraceuticals market to flourish over the years. Busier lifestyles of the urban middle class population have encouraged increasing consciousness about health and fitness, which are likely to be the major driving force behind the growth of the nutraceuticals industry in the future The revenues of the nutraceuticals industry are expected to increase at a CAGR of ~% to reach USD ~million by FY’2018.
  
Key Topics Covered in the Report:
·         The market size of the India nutraceuticals industry, functional food and beverages and dietary supplements markets on the basis of revenues
·         Market segmentation of the India Nutraceuticals industry on the basis of types of products
·         Market segmentation of the Functional Food And Beverages on the basis of product form
·         Market size of Functional Food market by revenues
·         Market segmentation of Functional Food by ingredients, food items and benefits
·         Market size of Functional Beverages market by revenues
·         Market segmentation of Functional Beverages by types
·         Market segmentation of Dietary Supplements by Ingredients
·         Government Rules and Regulations
·         Import and export of Nutraceuticals in India
·         Trends and Developments prevailing in the functional food & beverages, dietary supplements and overall nutraceuticals industry
·         Competitive landscape, market shares and detailed company profiles of the major players in the functional food & beverages and dietary supplements markets

·         Future outlook and projections of the India functional food & beverages, dietary supplements markets and overall nutraceuticals industry on the basis of revenues



Contact Person- Ankur Gupta
Email Id- ankur@kenresearch.com


Tuesday, May 20, 2014

India Vocational Training Industry Research Report- Ken Research

The Indian vocational training market has continued to evolve through government policies and regulations. Industrial cooperation and private partnerships have also been major factors contributing to the continuous growth of the vocational training market in India.

Public Private Partnership has led to a major scheme initiated by the DGET, Ministry of Labor and Employment that is upgrading some of the ITI’s into Centers of Excellence (COE). The policy reforms employed by the government have not only made vocational education an important part of the education system but has also carved out a path of growth for it in the future. 

Additionally, the huge investments from the government in the vocational training market have attracted several private players which would lead to more public private partnerships in the vocational training market. Apart from the central government, vocational training has become the primary focus of the state government as well. The vocational training industry in India has experienced an average annual growth rate of 25.2% over the period FY’2008-FY’2013.

The courses offered in the vocational training market are spread across different sectors. Some of the major sectors are English Training, Retail, Wellness & Healthcare, Hospitality and others. One of the most promising sectors for vocational training is the Wellness and Healthcare sector. The sector presently contributes 20% to the total revenue of vocational training market in India. The major reason for its growth has been the increasing demand for manpower in this sector which has led to the popularity of courses such as spa therapy and skin therapy. The Indian Wellness sector is highly influenced by the west and would continue to grow at a rapid rate in the years to come.

The inclusion of vocational training policy reforms in the twelfth five year plan by the Government of India would also lead to the growth and overall development of the vocational training market. Furthermore, the reforms also keep a check on the developments in the vocational market and helps regulating the market on the whole. Along with this, the up gradation of the different schemes employed in line with the current market trends and demand would also lead to a fast growth of the vocational training market in future times.

It is expected that the increase in the number of public private partnerships on account of heavy investments from the government of India and the growing popularity of the wellness and healthcare sector would lead to a rise in the revenue and the coverage of the Vocational Training Market in India”, according to the report published by Ken Research.

The report titled India Vocational Training Market Outlook to 2018- Driven by Rising Demand for Skilled Manpower” provides detailed overview of the market past and future performance of Vocational training market and helps 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, vocational Institutes, education service providers to align their market centric strategies according to ongoing and expected trends in the future.


Contact Person: Ankur Gupta


Monday, May 19, 2014

Australia LNG Industry Research Report: Ken Research



The Australian LNG industry is poised to become a leader in Global LNG industry by 2018 with its seven new under construction LNG projects, largely driven by creation of better investment  climate by the Government and positive investment outlook of major Oil&Gas companies in LNG industry of Australia.

Due to vast natural gas reserves in Australia, interest of major global and domestic Oil & Gas companies to leverage this excess capacity had resulted in formation of infrastructure for LNG exports to important gas consumer markets. These gas markets particularly in Asian countries are good opportunity for LNG business since their emerging economies had outpaced the domestic energy demand-supply balance and due to geographic proximity of Australia, the LNG export industry can flourish in long term prospects. 

The world’s first largest Floating LNG project will also go online, thereby leading the technological innovation and initiating a cost effective alternative to LNG terminals. Regasification capacity developments in Asian countries will make positive scope for Australian LNG export industry since these facilities will drive the LNG import countries to enter into long term gas sales agreements. LNG pricing will be a major talking point in the Australia LNG industry due to emergence of Henry Hub pricing in the US which would make the LNG projects stakeholders to focus on competitiveness and market accessibility in long term.

According to the research report published by Ken Research, “Australian LNG industry in the future would be majorly driven by the high demand of LNG volumes by Asian gas consumer markets such as Japan, China, South Korea and Taiwan”.

The report Australia LNG Industry Outlook to 2018 - Upcoming LNG Projects to Drive the Future Growth’ provides detailed overview on the LNG industry of Australia and the business side of this industry. This report helps reader to identify the ongoing trends, existing and upcoming LNG projects profile, developments in the Australia LNG industry and anticipated growth in future due to major upcoming LNG projects. The report will help petroleum industry consultants, global and domestic natural gas companies, electric utilities sector and other stakeholders to align their market centric strategies by gaining perspectives from this comprehensive report on LNG industry of Australia.


Contact Person- Ankur Gupta

Email id- ankur@kenresearch.com

Friday, May 16, 2014

North America Nutraceuticals Industry Report: Ken Research

North America was the second largest nutraceutical market in the world in 2012, after Asia-Pacific. The revenues of the nutraceutical industry of the US have contributed the leading share in the overall proceeds of the nutraceutical market in North America over the years. However, the share of the US has showcased a rapid decline in the recent years, however a brisk rate of development in the nutraceuticals sector in Canada have been observed. A distinctive feature of nutraceuticals industry in North American region is the strict standards for manufacturing, labeling and marketing of dietary or nutritional supplements followed.

The demand from rapidly ageing population in the US and Canada has provided impetus to the revenues of the North America nutraceuticals industry in recent years. The impending risk of chronic diseases and maintenance of health in old age have been the major health concerns over the past few years; which has resulted in increased expenditure of healthy food products including functional food & beverages and dietary supplements.

The health and wellness trends are spreading at a rapid pace in the North American territory. The growing preferences towards healthy food and nutritional supplements, strengthened by increasing discretionary incomes and improving economic environment, are expected to provide momentum to revenues in the market. The growth in the North American market will be led by a growing number of people switching towards fortified food and beverages in the coming years. The manufacturers are expected to introduce customized products, ranging across the ages and genders. The introduction of gender-specific supplements will be more common, as the firms begin to address several health issues.

“The revenues of the major markets of Asia-Pacific region are expected to reach a cumulative figure of USD 146 billion by 2017”- According to Research Analyst, Ken Research


The report “North America Nutraceuticals Industry Outlook to 2017 - Increasing Demand from Ageing Population to Drive Growth” provides detailed overview on the nutraceuticals market in the North America region from various perspectives. The report encloses a comprehensive analysis of the various segments of the market reflecting the present scenario and future growth affected by changing industry dynamics in coming years. Additionally, the report also entails information about the market structure, segmentation and rational analysis of the macroeconomic factors, along with the profiles of the major market players of the nutraceuticals industry in different countries. The report will help industry consultants, nutraceuticals companies and other stakeholders align their market centric strategies according to ongoing and expected trends in future.

India Furniture Market Research Report- Ken Research

Rising contribution of home furniture led to drive the market demand

The Indian furniture market has showcased a transitional phase from the production of conventional items such as chairs, tables and beds to recliners, bean bags and other modular furniture products. The market also encompasses a wide range of product lines used in offices, hotels, hospitals, living room, bedroom, dining room and others. The furniture industry in India is highly fragmented with nearly 85% of the furniture sales belong to the independent vendors and small scale manufacturers and the remaining portion being contributed by branded retailers and manufacturers in furniture space. However, the rising urban lifestyle of people coupled with increasing spending capacity of Indian population has led to a growth in the organized retail segment of the furniture space in India.

In the organized retail segment, the market is occupied by the leading companies such as Godrej Interio, Home centre, Nilkamal, Durian Furniture, Style Spa among others, which have over the years grabbed significant positioning in the domestic market. Furthermore, the entry of international brands and increasing brand awareness amongst Indian inhabitants in the recent years has led to the emergence of furniture retailing in India. An increasing trend of hiring onsite carpenters for home and commercial furniture has been witnessed in the country over the years. Trust factor, low price and close monitoring are some of the major factors which drive people to the carpenters rather than purchasing from a branded showroom.
Home furniture is considered as a basic necessity in a household. It is the largest segment of the furniture market in the country and it has been witnessing a consistent rise from the last few years. There were a number of factors which has escalated the demand for home furniture items in the country in the recent years.

The rising number of residential housing complex launches, increasing demand for high end furniture items in the households due to rising spending capacity has aided the growth of home furniture market in the last few years. Furthermore, the ingress of "Ready to Live" furniture solutions for new residential schemes and housing projects have been gaining massive traction in the last few years, thereby, driving the sales of home furniture in the country.

The growing number of residential projects in the country coupled with inclining disposable incomes of India population will impel the demand of furniture items”, according to the Research Analyst, Ken Research.

The report “India Furniture Market Outlook to 2018 - Online Furniture Sales Gaining Traction” provides detailed overview on the furniture market across India and helps 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, retail and consumer goods experts, furniture manufacturers and suppliers and other stakeholders align their market centric strategies according to ongoing and expected trends in future.



Contact Person- Ankur Gupta

Email Id- ankur@kenresearch.com

Thursday, May 15, 2014

India Men’s Apparel and Footwear Market Report: Ken Research

Future Growth Led by Inclining Contribution of Men’s Denim wear and Casual Footwear.
India Men’s Apparel Market 

The men’s apparel and footwear industry has showcased a stupendous progress over the period of 2006-2012. The growth of the apparel and footwear market in India has been driven by a rising awareness of international brands and increasing trends of fashion amongst the male segment of the population. Furthermore, India’s enlarging male population has provided a strong impetus to the demand for men’s apparel and footwear in the recent years. Over the past few years, India has been showcasing a gradual rise in the number of middle class population. The urban middle class section of the population of India has been the largest buyer of men’s apparel and footwear with increasing spending capacity due to rising disposable income in the recent years.

India men’s apparel and footwear market has showcased an upward thrust in terms of growth, inclining at the rate of ~% in 2012. During this year, the men’s apparel and footwear market registered revenues worth USD ~ million, growing from USD ~ million in 2011. Traditionally men used to wear suits, sherwani’s and traditional long coats during special festive occasions and celebrations which have been now replaced with western style jackets and collared shirts. The male population in the country is inclined more towards the purchase of clothes for a specific purpose. The apparel industry in the country has provided a wide variety of clothes for different occasions and purpose to the people.

According to the research report “India Men’s Apparel and Footwear Market Outlook to 2017” by Ken Research, the India Men’s apparel and footwear market would grow at a considerable CAGR, exceeding USD 43,372.3 million by 2017.

“Indian men’s shirt market has been historically dominated by the local players. However, the organized market for men’s shirts in the country has witnessed a revamp with the arrival of leading global apparel manufacturers as well as increasing joint ventures with domestic players in apparel space”, according to the Research Analyst, Ken Research.


The report provides detailed overview on the men’s apparel and footwear market in India and  helps 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, apparel and footwear manufacturers, retailers and other stakeholders align their market centric strategies according to ongoing and expected trends in future.

Wednesday, May 7, 2014

Increasing Number of Public Private Partnerships to Increase Revenue and Coverage of the Vocational Training Market in India: Ken Research

Public Private Partnership has led to a major scheme initiated by the DGET, Ministry of Labor and Employment that is upgrading some of the ITI’s into Centers of Excellence (COE). The policy reforms employed by the government have not only made vocational education an important part of the education system but has also carved out a path of growth for it in the future. Additionally, the huge investments from the government in the vocational training market have attracted several private players which would lead to more public private partnerships in the vocational training market. Apart from the central government, vocational training has become the primary focus of the state government as well. The vocational training industry in India has experienced an average annual growth rate of 25.2% over the period FY’2008-FY’2013.

The courses offered in the vocational training market are spread across different sectors. Some of the major sectors are English Training, Retail, Wellness & Healthcare, Hospitality and others. One of the most promising sectors for vocational training is the Wellness and Healthcare sector. The sector presently contributes 20% to the total revenue of vocational training market in India. The major reason for its growth has been the increasing demand for manpower in this sector which has led to the popularity of courses such as spa therapy and skin therapy. The Indian Wellness sector is highly influenced by the west and would continue to grow at a rapid rate in the years to come.

The inclusion of vocational training policy reforms in the twelfth five year plan by the Government of India would also lead to the growth and overall development of the vocational training market. Furthermore, the reforms also keep a check on the developments in the vocational market and helps regulating the market on the whole. Along with this, the up gradation of the different schemes employed in line with the current market trends and demand would also lead to a fast growth of the vocational training market in future times.
“It is expected that the increase in the number of public private partnerships on account of heavy investments from the government of India and the growing popularity of the wellness and healthcare sector would lead to a rise in the revenue and the coverage of the Vocational Training Market in India”, according to the report published by Ken Research.

The report titled India Vocational Training Market Outlook to 2018- Driven by Rising Demand for Skilled Manpower” provides detailed overview of the market past and future performance of Vocational training market and helps 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, vocational Institutes, education service providers to align their market centric strategies according to ongoing and expected trends in the future.


Contact Person: Ankur Gupta
Email Id: ankur@kenresearch.com

Thursday, January 9, 2014

India Hearing Impairment Market



For More Details Please Click On Following Link:
Contact Person: Ankur Gupta
Designation: Head-Marketing & Communication
E-mail: ankur@kenresearch.com
Contact: 01147017199, +91 9015378249

Wednesday, November 27, 2013

Bahrain Insurance Industry Outlook to 2017 - Expected Continued Dominance By Motor Insurance Segment



TABLE OF CONTENTS

1. Bahrain Insurance Market Introduction and Size by Gross Written Premiums, 2007-20129

2. Bahrain Insurance Market Segmentation by Life and Non-Life, 2007-2012

3. Bahrain Life Insurance Market

3.1. Bahrain Life Insurance Market Introduction and Size, 2007-2012

3.2. Market Share of Major Players in Bahrain Life Insurance Market, 2008-2012

3.3. Future Projections for Bahrain Life Insurance Market, 2013-2017

4. Bahrain Non-Life Insurance Market

4.1. Bahrain Non-Life Insurance Market Size, 2007-2012

4.2. Bahrain Non-Life Insurance Market Segmentation by Motor, Accident & Liability, Fire, Marine & Transport, Medical and Others, 
        2007-2012

4.3.         Future Projections for Bahrain Non-Life Insurance Market, 2013-2017

5.         Bahrain Motor Insurance Market

5.1.         Bahrain Motor Insurance Market Introduction and Size, 2007-2012

5.2.         Market Share of Major Players in Bahrain Motor Insurance Market, 2008-2012

5.3.         Future Projections for Bahrain Motor Insurance Market, 2013-2017

6.         Bahrain Fire, Property and Liability Insurance Market

6.1.         Bahrain Fire, Property and Liability Insurance Market Introduction and Size, 2007-2012

6.2.         Market Share of Major Players in Bahrain Fire, Property and Liability Insurance Market, 2008-2012

6.3.         Future Projections for Bahrain Fire, Property and Liability Insurance Market, 2013-2017

7.         Bahrain Medical Insurance Market

7.1.         Bahrain Medical Insurance Market Introduction and Size, 2007-2012

7.2.         Market Share of Major Players in Bahrain Medical Insurance Market, 2008-2012
    
7.3.         Future Projections for Bahrain Medical Insurance Market, 2013-2017

8.         Bahrain Engineering Insurance Market

8.1.         Bahrain Engineering Insurance Market Introduction and Size, 2007-2012

8.2.         Market Share of Major Players in Bahrain Engineering Insurance Market, 2008-2012

8.3.         Future Projections for Bahrain Engineering Insurance Market, 2013-2017

9.         Bahrain Marine and Aviation Insurance Market

9.1.         Bahrain Marine and Aviation Insurance Market Introduction and Size, 2007-2012

9.2.         Market Share of Major Players in Bahrain Marine and Aviation Insurance Market, 2008-2012

9.3.         Future Projections for Bahrain Marine and Aviation Insurance Market, 2013-2017

10.         Bahrain Miscellaneous Financial Loss Insurance Market

10.1. Bahrain Miscellaneous Financial Loss Insurance Market Size and Future Projections, 2007-2017

10.2. Market Share of Major Players in Bahrain Miscellaneous Financial Loss Insurance Market, 2008-2012

11.         Bahrain Other Insurance Market

11.1. Bahrain Other Insurance Market Size and Future Projections, 2007-2017

11.2. Market Share of Major Players in Bahrain Other Insurance Market, 2008-2012

12.         Government Regulations in Bahrain Insurance Market

13.         Bahrain Insurance Market Future Outlook and Projections, 2013-2017

14.         Company Profiles of Major Players in Bahrain Insurance Market

15.         Macroeconomic Factors

15.1. Population, 2007-2017

15.2. Healthcare Expenditure, 2007-2017

15.3. GDP at Current Prices, 2007-2017

15.4. Number of Registered In-use Vehicles, 2007-2017

15.5. Air Cargo Received, 2007-2017

15.6. Bank Lending for Construction, 2007-2017

16.         Appendix

16.1. Market Definition

16.2. Abbreviations

16.3. Research Methodology

                Data Collection Methods

                Approach

                Variables (Dependent and Independent) 

                Multi Factor Based Sensitivity Model

                Final Conclusion

16.4. Disclaimer

LIST OF FIGURES


Figure 1: Bahrain Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2012

Figure 2: Bahrain Insurance Market Segmentation by Life and Non-Life on the basis of Gross Witten Premiums in Percentage, 2007-2012

Figure 3: Bahrain Life Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2012

Figure 4: Bahrain Life Insurance Market Future Projections on the basis of Gross Written Premiums in USD Million, 2013-2017

Figure 5: Bahrain Non-Life Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2012

Figure 6: Bahrain Non-Life Insurance Market Segmentation on the basis of Gross Written Premiums in Percentage, 2007-2012

Figure 7: Bahrain Non-Life Insurance Market Future Projections on the basis of Gross Written Premiums in USD Million, 2013-2017

Figure 8: Bahrain Motor Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2012

Figure 9: Bahrain Motor Insurance Market Future Projections on the basis of Gross Written Premiums in USD Million, 2013-2017

Figure 10: Bahrain Fire, Property and Liability Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2012

Figure 11: Bahrain Fire, Property and Liability Insurance Market Future Projections on the basis of Gross Written Premiums in USD 

                Million, 2013-2017

Figure 12: Bahrain Medical Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2012

Figure 13: Bahrain Medical Insurance Market Future Projections on the basis of Gross Written Premiums in USD Million, 2013-2017

Figure 14: Bahrain Engineering Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2012

Figure 15: Bahrain Engineering Insurance Market Future Projections on the basis of Gross Written Premiums in USD Million, 2013-2017

Figure 16: Bahrain Marine and Aviation Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2012

Figure 17: Bahrain Marine and Aviation Insurance Market Future Projections on the basis of Gross Written Premiums in USD Million, 

                2013-2017

Figure 18: Bahrain Miscellaneous Financial Loss Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2017

Figure 19: Bahrain Other Insurances Market Size on the basis of Gross Written Premiums in USD Million, 2007-2017

Figure 20: Bahrain Insurance Market Future Projections on the basis of Gross Written Premiums in USD Million, 2013-2017

Figure 21: Bahrain Population in Million, 2007-2017

Figure 22: Bahrain Healthcare Expenditure in USD Million, 2007-2017

Figure 23: Bahrain GDP at Current Prices in USD Million, 2007-2017

Figure 24: Bahrain Number of Registered In-use Vehicles in Million, 2007-2017

Figure 25: Bahrain Air Cargo Received in Million Kg, 2007-2017

Figure 26: Bahrain Bank Lending for Construction in USD Million, 2007-2017

LIST OF TABLES


Table 1: Loss Ratio of Major Segments in Bahrain Insurance Market in Percentage, 2010 and 2011

Table 2: Retention Ratio of Major Segments in Bahrain Insurance Market in Percentage, 2010 and 2011

Table 3: Market Share of Major Players in Bahrain Life Insurance Market on the Basis of Gross Written Premiums in Percentage, 2008-

                2012

Table 4: Gross Written Premiums by Major Players in Bahrain Life Insurance Market in USD Million, 2008-2012

Table 5: Market Share of Major Players in Bahrain Motor Insurance Market on the Basis of Gross Written Premiums in Percentage, 2008-

                2012

Table 6: Gross Written Premiums by Major Players in Bahrain Motor Insurance Market in USD Million, 2008-2012

Table 7: Gross Premiums of Major Players in Bahrain Fire Insurance Market in USD Million, 2008-2012

Table 8: Gross Premiums of Major Players in Bahrain Property Insurance Market in USD Million, 2008-2012

Table 9: Gross Premiums of Major Players in Bahrain Liability Insurance Market in USD Million, 2008-2012

Table 10: Market Share of Major Players in Bahrain Medical Insurance Market on the Basis of Gross Written Premiums in Percentage, 

                2008-2012

Table 11: Gross Written Premiums by Major Players in Bahrain Medical Insurance Market in USD Million, 2008-2012

Table 12: Market Share of Major Players in Bahrain Engineering Insurance Market on the Basis of Gross Written Premiums in                 

                Percentage, 2008-2012

Table 13: Gross Written Premiums by Major Players in Bahrain Engineering Insurance Market in USD Million, 2008-2012

Table 14: Market Share of Major Players in Bahrain Marine and Aviation Insurance Market on the Basis of Gross Written Premiums in 


                Percentage, 2008-2012

Table 15: Gross Written Premiums by Major Players in Bahrain Marine and Aviation Insurance Market in USD Million, 2008-2012

Table 16: Market Share of Major Players in Bahrain Miscellaneous Financial Loss Insurance Market on the Basis of Gross Written 

                Premiums in Percentage, 2008-2012

Table 17: Gross Written Premiums by Major Players in Bahrain Miscellaneous Financial Loss Insurance Market in USD Million, 2008-2012

Table 18: Market Share of Major Players in Bahrain Other Insurances Market on the Basis of Gross Written Premiums in Percentage, 

            2008-2012

Table 19: Gross Written Premiums by Major Players in Bahrain Other Insurances Market in USD Million, 2008-2012

Table 20: Competitive Landscape of Major Players in Bahrain Insurance Market

Table 21: Gross Premiums Underwritten by Major Players in Bahrain Insurance Market in USD Million, 2007-2011

Table 22: Net Profit before Tax of Major Players in Bahrain Insurance Market in USD Million, 2007-2011

Table 23: Correlation Matrix for Bahrain Fire, Property and Liability Insurance Market

Table 24: Regression Coefficients Output


Executive Summary

The report titled ‘Bahrain Insurance Industry Outlook to 2017 - Expected Continued Dominance By Motor Insurance Segment’ provides a comprehensive analysis of the various aspects such as market size, segmentation, trends and developments and future projections of life and various non-life insurance segments such as motor, fire, property and liability, medical, engineering, marine and aviation; miscellaneous financial loss. The report provides the market share in major segments and company profiles of major players present in the market.

Bahrain is a dynamic insurance market in the Middle East region and contributes 1.6% to the gross premiums underwritten. The market is comprised of conventional insurance and Takaful firms which include 27 locally incorporated firms and 11 overseas insurance firms which are branches of foreign companies carrying out insurance business in Bahrain. The insurance sector of Bahrain has reflected consistent positive growth during last five years where the gross premiums underwritten in the country have expanded from USD ~ million in 2007 to USD ~ million in 2012 by increasing at a CAGR of 11.3% during 2007-2012. The positive growth achieved by the insurance sector of the country can be attributed to high paced growth of the general insurance segment which has increased at a CAGR of 12.5% during 2007-2012.  

The non-life insurance dominates the insurance market of the country with a contribution of 77.4% to the gross premiums generated in the country in the year 2012. The life insurance accounts for the rest of 22.6% of the insurance premiums underwritten. The share of the non-life insurance has increased notably during 2007-2012 by 4.1%, while the share of life insurance has declined by the same percentage.

The non-life insurance market of Bahrain is categorized into motor; fire, property and liability; medical; engineering; marine and aviation; miscellaneous financial loss and others. Motor insurance is the largest segment which contributes 32.1% to the gross premiums underwritten in the non-life insurance market of Bahrain. This is followed by fire, property and liability which represent 23.3% of the non-life premiums generated in the country. Medical is the third largest non-life insurance category and contributes 21.8% to the market.

The motor insurance market of Bahrain has expanded at a CAGR of 4.9% during 2007-2012, where the insurance premiums underwritten have grown from USD ~ million in 2007 to USD ~ million in 2012. The growing population, rising number of vehicles and large expatriate population have been the key drivers of the motor insurance market of Bahrain during 2007-2012. Motor insurance market of Bahrain is highly fragmented with large number of players present in this segment. The top four players which include Bahrain National Insurance Co., Gulf Union Ins. & Re. Co., Bahrain Kuwait Insurance Co. and AXA Insurance (Gulf) Co. together account for ~% of the gross premiums generated in this segment. 

Medical insurance is the third largest segment in the non-life insurance market of Bahrain and contributes ~% to the non-life gross premiums underwritten in the market. Moreover, the segment is the second fastest growing insurance category in the country which has expanded at a CAGR of 22.4% during 2007-2012 to reach USD ~ million in 2012 from USD ~ million in 2007. The medical insurance market of Bahrain is projected to grow robustly during 2013-2017 owing to the factors such as compulsory medical insurance for expatriates, increasing population of the country and rising healthcare expenditure. The medical gross written premiums in the country are expected to expand at a CAGR of 19.4% during 2013-2017, where the underwritten premiums are estimated to reach USD ~ million in 2017 from USD ~ million in 2012. 

Medical insurance market of Bahrain is dominated by AXA Insurance (Gulf) Co. which contributes ~% in terms of gross premiums. American Life Insurance Co. is the second largest player with a share of ~%. Saudi National Ins. Co., Al Ahlia Insurance Co. and Bahrain National Life Assurance Co. are other major players which contribute ~%, ~% and ~% respectively to the total medical insurance premiums generated in Bahrain. 

The Bahrain insurance industry is expected to continue remain dominated by non-life segment where the share of the segment in the total gross premiums generated in the country is estimated to increase to ~% by 2017 from 77.4% in 2012. The contribution of life segment on the other hand would decline by around 2% during 2013-2017. Therefore, in a base case scenario the gross premiums generated in the country are therefore expected to reach USD ~ million in 2017 by expanding at a CAGR of 14.9% during 2012-2017. In this case the life insurance premiums are estimated to increase at a CAGR of ~% while non-life insurance premiums are anticipated to grow at a CAGR of ~% during 2012-2017. The growth of the life and non-life premiums in this case would be supported by steady growth of the local and expatriate population, stable economic expansion of the country and increased focus of the government on non-oil sectors especially banking and financial sector.

Key Topics Covered in the Report:
  • The market size of the Bahrain insurance market by value on the basis of gross written premiums.
  • The market segmentation of the Bahrain insurance market by life and non-life.
  • The market size and future projections of the life and non-life segments.
  • Market segmentation of the Bahrain non-life insurance market by motor, fire, property and liability, medical, engineering, marine and aviation; miscellaneous financial loss and others.
  • Market size and future projections of Bahrain motor; fire, property and liability, medical, engineering, marine and aviation, miscellaneous financial loss and others insurance segments.
  • Market share of major players in life and various non-life segments.
  • Company Profiles of major players in the Bahrain insurance market. 
  • Future outlook and projections of the Bahrain insurance market on the basis of gross written premiums.

For More Details Please Click On The Following Link : 


Contact Person : Ankur Gupta

Designation : Head - Marketing & Communication

E-mail : ankur@kenresearch.com

Contact : 01147017199, +91 9015378249

Friday, November 22, 2013

Indonesia Construction Equipment Market Future Growth Led by Inclining Contribution of Earthmoving and Tunneling Equipments Sales: Ken Research

The construction equipment industry has showcased a stupendous progress over the period of 2006-2012. The growth of the construction equipment market in Indonesia has been driven by a number of factors. The increasing demand for the residential buildings augmented by growing population has been a major growth driver for the revenues of the construction equipment industry. This boom in realty sector has hugely impelled the demand for concrete and building construction equipments. Equipments such as excavators, dumper trucks, bulldozers, loaders, construction trucks are amongst the chief equipments in earthmoving category. These equipments contribute the largest proportion of market revenues of the overall construction equipment market.

In 2012, earthmoving and tunneling equipment market witnessed a stupendous growth of 2.6% in its revenues compared to the preceding year. Increasing urbanization and commercialization in the country has encouraged the development of construction projects which propelled the demand for earthmoving and tunneling equipments in the country. The growing traction of leading international OEMs  further fuelled the construction market’s healthy growth, thereby impelling the demand for construction equipment market in Indonesia. The revenues of construction equipment market in Indonesia has grown at a healthy CAGR of 12.5% from USD 2,074.8 million in 2006 to USD ~ million in 2012.

According to the research report “Indonesia Construction Equipment Industry Outlook to 2017 – Hydraulic Excavators and Earthmoving Equipments Gaining Traction” by Ken Research, the Indonesia construction equipment market would grow at a considerable CAGR, exceeding USD 7,254.5 million by 2017 due to unprecedented growth in Indonesia realty and construction sectors.
Indonesia construction equipments market features a highly concentrated landscape, with market shares being majorly distributed amongst five leading players that held a 93.3% share of the total construction equipment market revenues in 2012. The market is marked by the presence of the several international players such as Caterpillar, Komatsu Limited, Kobelco Inc. and others.


The report provides detailed overview on the construction equipment market across the geography of Indonesia and aids the 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, construction equipment manufacturers, building contractors and other stakeholders align their market centric strategies according to ongoing and expected trends in future.

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