Indonesia Pharmacy Retail Market is Driven by Growing Demand for Generic Drugs and Expansion of Organized Pharmacy Retail Chains: Ken Research

Implementation of JKN (National Health Insurance System) by the government, growing foreign investment in pharmacy retail sector, expansion of product portfolio by major pharmacy retail chains were the key factors driving growth in Indonesia pharmacy retail Market.

Indonesia healthcare market has shown a positive incline during 2012-2017 but with respect to the expanding population of Indonesia, the market is still underserved especially in the underdeveloped and rural areas as of 2017. The report titled “Indonesia Pharmacy Retail Market Outlook to 2022 - By Pharmacies & Drugstores and By Region (Central Java, East Java, West Java, North Sumatra, Jakarta and Others)” by Ken Research suggested a growth at a CAGR of 8.9% in revenue in Indonesia pharmacy retail Market by 2022

Indonesia pharmacy retail sector is in the mid to late growth stage with the presence of over 35,000 drugstores and pharmacies. Both private as well as public pharmacy retail companies have entered the market over the past five years to tap the potential in this sector. Furthermore, already established players such Guardian Pharmacy, Kimia Farma, Apotek K-24 have increased their number of pharmacy retail outlets over the period 2012-2017. The number of pharmacies operated by Guardian pharmacy reached over 300 in 2016 whereas for Kimia Farma, the number of pharmacies increased from over 500 in 2013 to over 800 stores in 2016. Over 2012-2017, the number of pharmacies & drugstores has inclined at a positive CAGR. Major organized chains have invested in expanding their capabilities by focusing on value added services such as home delivery, prescription records, and medicine consumption reminder services in order to become a one stop solution for all pharmacy needs of the customer.

The implementation JKN scheme has led to an increased demand for generic drugs as the government has mandated the use of generic medicines due to lower cost of drugs.
The market is expected to witness an increase in demand for nutritional products and dietary supplements due to sedentary lifestyle and expansion of online retail sales channel to increase accessibility in the market.

For more information on the research report, refer to below link:-
https://www.kenresearch.com/healthcare/pharmaceuticals/indonesia-pharmacy-retail-market/143544-91.html

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Vietnam Third Party Logistics (3PL) Market Research Report to 2022: Ken Research

How Vietnam 3PL Market is Positioned?

In Vietnam, 3PL started with small enterprises in the early 70’s, who tried to outsource parts of their business operations to outside service providers. These service providers eventually expanded their geographical coverage, facilities and commodities; as well as updated their warehousing and transportation. Compared to other parts of the world, logistics industry in Vietnam is still in its developing phase, as supply chain processes for instance procurement, transportation, warehousing and delivery are not executed in an integrated manner.

In terms of revenues, Vietnam 3PL Market was evaluated at USD ~ billion in the year 2011, which witnessed an increase to USD ~ billion in the year 2017, thus growing at a six year CAGR of ~% in the review period 2011-2017. Logistics outsourcing aids businesses by reducing capital and overall costs; improving customer service and lastly helps in developing business relationships with clients. 3PL providers can offer a variety of services to companies seeking to outsource logistics functions in Vietnam majorly including domestic transportation, international transportation and warehousing. Most of the foreign firms operating in Vietnam such as Maersk Logistics, APL Logistics, NYK Logistics and MOL Logistics were observed to offer 3PL or 4PL services whereas, Vietnamese domestic firms could only handle 2PL services. In Vietnam, large scale companies such as DHL, Kuehne + Nagel or DB Schenker were witnessed to be the leading suppliers of 3PL services.

Vietnam 3PL Market Segmentation

By Market

The freight forwarding segment within Vietnam 3PL market dominated with a massive revenue share of ~% in the year 2017. The growth of E-commerce industry in Vietnam is one of the major driving forces for the 3PL freight forwarding owing to increase in demand for fast delivery, efficient inventory management and individualized shipping time. In Vietnam, 3PL market vendors are focusing on providing international freight management and customs brokerage with their extensive knowledge of import-export processes and international regulations, thereby leading to increase in demand for 3PL freight. On the other hand, the warehousing segment within Vietnam 3PL market was witnessed to capture the remaining revenue share of ~% in the year 2017. 3PL warehousing companies in Vietnam handles all aspects of shipping a particular product from anywhere in the world to their facilities and then straight into customers hands.

By Companies

International companies operating in Vietnam 3PL market has clearly established themselves as market leader by capturing a whopping revenue share worth ~% in the year 2017. Major international players operating in third party logistics segment include VN Post, Viettel Post, GHN, GHTK, DHL Logistics, Damco, FedEx, APL, Gemadept, Vinafco and Transimex Saigon. On the other hand, domestic 3PL players captured the remaining revenue share of ~% in Vietnam 3PL market in the year 2017.

Competitive Landscape in Vietnam 3PL Market

Third-party logistics outsourcing is rapidly gaining importance in the country as more and more corporations across the world are unable to manage their complex supply chains and hence are outsourcing logistics activities to the 3PL service providers. Competition within the logistics industry is ramping up due to tightened capacity along with increased consolidation within the supply chain arena, which has resulted in fewer partners for 3PLs and increased prices. The companies operating in Vietnam 3PL market are competing with each other by offering multiple value added services to the customers. The leading companies in the segment are DHL, Damco, Vinafco, Transimex Saigon and others.

Vietnam 3PL Market Future Outlook and Projections

Over the forecasted period, Vietnam 3PL market is expected to generate revenues worth USD ~ billion by the year ending 2018 owing to a rising trend for both local and multinational enterprises to outsource logistics functions to 3PL services providers. It has been expected that industrial activities in the country will expand, which will result into growing opportunities for the foreign players. This will positively impact the 3PL market as these companies will require third party logistics partners for handling their supply chain management. Vietnam 3PL market is estimated to generate revenues worth USD ~ billion by the year ending 2022, thus growing at a CAGR of ~% in the forecast period 2018-2022. Additionally, in the coming years, 3PL companies will be emphasizing more on the technological upgradation to engage with the customers such as ERP and SCM and the trend of Fourth-party logistics (4PL) will be emerging in future to support the 3PL business in the country.

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

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/vietnam-3pl-market/145653-100.html

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Computer Intelligence to Dominate the Future of the Market Research Industry: Ken Research

Ken Research Pvt Ltd, having its footprints in India is reducing the geographical distance by serving its expert research reports to clients worldwide. Company has marked itself a distinct publisher by optimally utilizing technology in research space and working on building up unmatched technologically equipped intelligence reports which helps to understand market performance on various parameters.

Market Research Organisations is expected to witness more about Automation, AI and Machine learning in the near future. This industry will witness Block chain entering the lexicon of market research. Block chain term will be first heard in the market research industry in the year 2018. A lot of capital is invested in the block chain business and new businesses are sure to emerge shortly. The need for data privacy is driving interest in block chain and will lead to withdrawal of the middle men in the traditional market research service providers within the industry.

It was observed that market research companies will decide to push a very specific consulting offer. Almost all the clients will need assistance to manage the new fundamental changes while market research industry will become more agile along with ever increasing amounts of data.

Market research industry is very alert and supports the lifecycle of development within the industry. Businesses just don’t need information when a new product is a launched but also after development so that consumer needs are considered in every aspect of new products, services, technology, websites (UX) and marketing campaigns. This trend requires insight along with the development through the use of research and testing iterations. The year 2018 will witness increasing number of companies realise and articulate the need for market research.

Almost all the businesses will ask for speed and the need for speed will increase dramatically from now on. Market research on demand is not just about being fast or more agile but providing the market research data to the population who can make decisions based on it. The next few years we may witness the beginning of a democratisation of the market research industry. This industry will no longer hold its reports from agencies or teams, but by stakeholders themselves.

Clients will increasingly expect to view the outputs of customer feedback and how different data systems are connected and integrated. In trend will challenge the data privacy standards set out by the Research Society. It is expected that research will move into the marketing departments of brands and away from the marketing research organisations due to the rapid growth in big-data analysis. All the consultancies and firms will treat the consumer’s data with respect which is a positive boost for market research. Few areas in the market research industry will be greatly challenged, but others, such as provision, creation of opted-in research communities and panels, will likely flourish.

The overall evolution in the market research industry is a progression towards ‘action -orientated’ research with feedback, analysis and interpretation that is much more closely aligned to business decisions. Market research is becoming much more real-time driven by social media and smart phones. The future market research industry will help people to make decisions. Usually, people are asked to punch in data by asking questions and the way of answering will be slightly different from now on. One can get data through a survey and also through search and as well as social media.

Computer intelligence is advancing rapidly and the market research industry and computers will be twice as intelligent as humans over the coming years. Computers will be able to understand what people think about a brand just by observing them through their online behaviour. At the other end, complicated discreet choice modelling (which needs very good statisticians) is done at the press of a button. Five years from now, the market research industry would increase its spending on better intelligence in order to make smarter and more confident decisions; increase the adoption of automation tools to become more effective and efficient in their jobs; evolution in research departments which look a lot more like strategic planning functions than the marketing research departments; and the industry would focus on qualitative methods (Qual). The future of market research is brighter while the face of disruption requires learning new skills, building influence in the company and embracing new technologies.

To know more on research methodology and other research report related information, refer to below link:

 https://www.kenresearch.com/

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Disrupting Technology Adoption and Growing Third party Warehousing will Drive Demand for Warehousing Services in Vietnam: Ken Research

Growing manufacturing activities in Vietnam, rising domestic consumption and increasing international trade were some of the primary growth drivers of warehousing in Vietnam

The report titled “Vietnam Warehousing Market Outlook to 2022 – By Business Model (Industrial / Retail Freight, Container Freight, Cold Storage, Agriculture and Others) and by End User (Retail, Electronic Devices, Textile and Footwear, Wooden Products and Others)” by Ken Research suggested a growth at a noteworthy six year CAGR of 13.4% in terms of revenue in Vietnam warehousing market in next 5 years till the year ending 2022. 93.3% of general warehouse systems are located at international border gate whereas; the remaining 6.7% warehouses are located at the main gate.

Warehouse operations in Vietnam are currently being disrupted by the development of advanced robotic systems, the most basic of which use digital add-on systems to transform forklifts and other types of MHE asset into robots. Technological advancements in Vietnam warehousing services such as EDI (Electronic Data Interchange) communications has allowed companies to share documents, with a particular single format between two computers. Furthermore, growing demand of YMS (Yard Management System) is expanding the scope of warehousing in the country. For instance, at present there are 31 kinds of yards at Vietnam-Laos border gates and Vietnam-Cambodia border to oversee the movement of trucks and trailers in the yard of a manufacturing facility, warehouse, or distribution center. Rising number of industrial parks which have been established in the southern region of Vietnam such as Linh Trung Export Processing Zone and Industrial Park III, My Phuoc Industrial Park, Sai Gon Hi-Tech Park and others have also created a positive impact on Vietnam’s warehousing market.

Over the past few years, rapid retail market developments have been evident in Vietnam with a continuous increase in organized retail or modern shopping across the country. Additionally, the growing trend of online shopping in Vietnam has led to establishment of new warehousing facilities for E-commerce companies to store their goods. Many domestic logistics firms have showcased interest in expanding their warehouses in order to compete with foreign ones in terms of service quality.

Key Topics Covered in the reports

Warehousing Businesses in Vietnam

Cold Storage Warehouses in Vietnam

Warehousing Service Providers in Vietnam

Warehousing Services in Hanoi

Warehousing Services in Da Nang

Warehousing Services in Ho Chi Minh City

Container Freight Warehouses in Vietnam

International Warehousing Companies in Vietnam

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

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/vietnam-warehousing-market/145652-100.html

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Global Bioadhesive Market is Driven by Demand from Surgical Procedures and Sustainable Practices in Packaging and Wood Industry: Ken Research

Growing demand for sustainable products and stringent compliance governing VOC emissions in products used for close and regular human interaction along with advancement in surgical procedures is expected to drive the demand for bioadhesives.

According to Ken Research report titled “Global Bio-Adhesive Market Outlook to 2022 – by Product (Hyaluronic Based, Fibrin Based, Mixed Polymer, Copolymer, Synthetic Adhesive, Other Bioadhesives) and by Application (Medical, Packaging, Wood, Construction, and Personal care)” demand is expected to be highest in the US followed by the European countries. Japan, China and India are expected to emerge as new countries with highest growth potential.
Globally the market for sustainable and eco-friendly adhesive is on rise. This factor has given a substantial thrust to the demand for bio-adhesives in the global market. The global market for bio-adhesives has increased constantly since 2012 and the trend is expected to continue in the future. It was mainly driven by demand for medical adhesives used in surgery and rising demand in packaging and engineered wood industry. Seeing the future potential Danimer Scientific and Henkel collaborated in 2013 to develop bio-adhesive based on hotmelt technology. Medical companies are targeting the major countries in Asia Pacific to introduce their high value bio-adhesives used in surgical procedures.

Cryolife, Baxter, Ethicon, Henkel are some major bio-adhesive manufacturers in medical segment. Ecosynthetix, Dow, Ingredion, Danimer Scientific are some major manufacturers in packaging, wood and construction bio-adhesives market. Products are still in the development stage and market is expected to register significant growth in years to come. Mussel Foot Protein, Coacervated Dopa‐Functionalized Polymer Adhesives, Tick Cement, Nano‐ and Micro‐composite Adhesive Hydrogel, iCMBA, hyCURE, Notadem Frog Glue, Bio Dendrimers, Spider based Bio-adhesives are some key products and themes that are still in development stage.

Better packaging technology, increased use of corrugated sheets and boxes for packing and moving goods is the major factor promoting the demand for bio-adhesives. There has significant demand for small size one time consumable goods creating demand for packaging. Use of bio-adhesives has shown significant demand in surgical applications and has proven life saving in case of very high internal bleeding or very complex surgical procedures. Companies are actively researching to mimic the naturally occurring adhesives from plants and animals.

For more information on the research report, refer to below link:
https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/global-bioadhesive-market/146657-101.html

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Taiwan is amongst the one of the most promising and emerging market for adhesives in the world and has experienced a nascent stage of growth

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/china-adhesive-market-research-report/4477-101.html
China adhesives market will grow at a considerable CAGR rate thus reaching USD 12.6 billion by 2019 due to influx of foreign capital, ease in procurement of raw material, reduced dependency on imports and supportive governmental policies

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/japan-adhesive-market-research-report/4479-101.html
Focus on exports and product innovation, continuous efforts of the government to stir demand will push the industry towards the stage of inclination. High volatility in the prices of raw-materials for adhesives will act as major restraining factor

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Ken Research
Ankur Gupta, Head Marketing & Communications
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Global Trends in Market Entry Strategies, Regulatory Framework, Next-Generation Products and Technologies: Ken Research

CBR Pharma Insights latest report, Cosmeceuticals: Global Trends in Market Entry Strategies, Regulatory Framework, Next-Generation Products and Technologies, provides an in-depth assessment of the current trends in the global cosmeceuticals market. The cosmeceuticals market is growing rapidly.

These products are linked by the fact that they are cosmetic products with biologically active ingredients purporting to have medical or drug-like benefits. However, the market lacks a clear definition of what constitutes a cosmeceutical, with the term covering a spectrum of products from prescription-only products to widely available over-the-counter products.

Much of the innovation in the field is being carried out by cosmetic companies, which are investing heavily in R&D for cosmeceuticals, in a manner more typical of pharmaceutical companies. Pharmaceutical companies are competing to jump into the cosmetics business by releasing one cosmeceutical product after another.

This report provides key industry perspective on the cosmeceuticals industry from a large survey of over 90 cosmetic and pharmaceutical industry professionals, both within and outside of the cosmeceuticals sector. Those involved in the industry were found to mostly believe in the growth of cosmeceuticals and expected their company to increase its level of investment in the area.

In contrast, for those not involved with cosmeceuticals the opposite was generally true. The industry survey showed a strong consensus that the US, Japan and China are the most promising geographies in terms of growth expectations for the cosmeceuticals industry. This is due to an increase in the number of elderly people, increased awareness and the ability of cosmeceuticals to treat a diversifying array of indications.

Scope

How can the cosmeceuticals sector be defined in general, and what types of product does it include?

What are the key market entry strategies for cosmeceutical companies to enter into new markets?

How does the regulatory landscape for different types of cosmeceuticals vary in key territories?

What are the available key distribution channels in the cosmeceuticals market?

What factors have hindered the growth of the cosmeceuticals market?

What are the key companies involved in cosmeceuticals?

Reasons to buy

This report will allow you to-

Understand the complex differences in the regional regulation of cosmeceuticals, and how they shape the market

Gain an understanding of the industry perspective on critical aspects of the cosmeceuticals industry, such as drivers, barriers, promising geographies and prominent cosmeceutical treatment segments

Understand the market entry strategies of key players in the cosmetic industry

Understand various next-generation cosmeceutical products available in the market and application technologies used to develop effective cosmeceuticals

Understand the top global cosmeceuticals companies with sales value

To know more, click on the link below:

https://www.kenresearch.com/healthcare/pharmaceuticals/cosmeceuticals-global-trends-in-market-entry-strategies-regulatory-framework-next-generation-products-and-technologies/144675-91.html

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Global Generics Industry Research Report: Ken Research

Global Generics industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Essential resource for top-line data and analysis covering the Global Generics Market. Includes market size data, textual and graphical analysis of market growth trends and leading companies.

For the purposes of this profile, a generic is defined as a copy of an ethical (prescription) drug formerly protected by patents that have now expired. Both unbranded generics and all branded generics are included. However, off-patent drugs that continue to be offered by the original manufacturer under the original name, and which form part of the 'generic-eligible' market, are not included. The market value is evaluated at ex-factory prices. Market volume is quantified here as the percentage of the total ethical pharmaceutical market volume in a country or region which is accounted for by generic drugs. It is therefore a generics penetration rate measure, not an absolute measure of market volume. Regional volumes are calculated as weighted averages of countries which make up the region in question where volume data exists. Please note that any volumes of "1" (one) or 100% are due to rounding as MarketLine does not believe that generics will ever fully represent 100% of the medicinal market in any country or region. All currency conversions were calculated at constant average annual 2016 exchange rates.

The global generics market had total revenues of USD311.1bn in 2016, representing a compound annual growth rate (CAGR) of 9.5% between 2012 and 2016. Market consumption volume increased with a CAGR of 2.2% between 2012 and 2016, to reach a total of 82.1% of total pharma volume in 2016. Strong growth will continue in the emerging markets but worldwide there will be a deceleration.

Save time carrying out entry-level research by identifying the size, growth, and leading players in the global generics market Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global generics market Leading company profiles reveal details of key generics market players' global operations and financial performance Add weight to presentations and pitches by understanding the future growth prospects of the global generics market with five year forecasts by both value and volume

To know more, click on the link below:

https://www.kenresearch.com/healthcare/general-healthcare/generics-global-industry-guide/144621-91.html

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