Monday, November 28, 2022

3 Key Insights on Competitive Landscape in the Global Biophotonics Market: Ken Research

 Despite Presence of about ~200 Competitors Comprising a Large Number of Country-Niche Players and Regional Players, Few Global Players Dominate the Market, finds a recent market study on Global Biophotonics Market by Ken Research

The study of optical processes in biological systems, both naturally occurring and in bioengineered materials, is known as biophotonics. Imaging and sensing cells and tissue are particularly important aspects of this field. Injecting fluorescent markers into a biological system to track cell dynamics and drug delivery is one example.

“Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study”

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Global Players that Constitute ~20% of Total Number of Competitors Hold the Largest Market Revenue Share, While Regional Companies Represent 30% Share in Terms of the Competitors

A comprehensive competitive analysis conducted during the Research Study found that the Global Biophotonics market is highly competitive with ~200 players, including globally diversified players, regional players, and a large number of country-niche players with their niche in advancement in medical technology for multiple end-user industries. The majority of the top 20 global biopharmaceutical companies, including Affymetrix Inc., Andor Technology, BD (Becton, Dickinson and Company), Carl Zeiss AG, maintained their leading positions in the forecasted period. The majority of the country’s players offer end-to-end solutions that assist clinicians and scientists in better diagnosing diseases, discovering new and more personalized drugs, and performing disease assessments. Some of these who successfully evolve to create pharma and diagnostics solutions often get acquired by large global players seeking to grow and diversify quickly.

Country-Niche Players' and Organization’s Ongoing Efforts to Provide Life Sciences Solutions to End-User Industries Are Driving Their Revenue Growth In This Market.

Detailed comparative analysis of key competitors available within the Research Study shows that numerous biotechnology, and pharmaceuticals companies such as Oxford Instruments Plc, Carl Zeiss AG, Andor Technology, and more are highly focused on providing a significant number of healthcare solutions and advanced techniques that can be used across end-user industries. Furthermore, numerous companies and organizations are aggressively investing in advanced computation, data analytics, and increased R&D activities.

  • In March 2021, Zeiss expanded its presence in North America by launching new research and development, production, sales, and customer service center in the United States with an investment of US$ 180 million. The new site will incorporate the X-ray Microscopy business, along with the ZEISS Microscopy Customer Center, to provide support for opportunities in materials research, life sciences, and industrial applications.
  • In November 2021, Oxford Instruments launched BC43, a compact microscopy device. This device can provide real-time 3D imaging to users. 

Competitors in Biophotonics Market

Increasing Government Initiatives, Strategies in the Healthcare Sector contributing to the development of the biophotonics market.

During the acute phase of the ongoing covid-19 pandemic, clinicians faced several challenges, including timely diagnosis and hospitalization, effective utilization of intensive care facilities, selection of appropriate therapies, monitoring, and timely discharge. A prompt and precise diagnosis has several implications for the patient, the healthcare institution, and public health and administrative personnel. Amid the ongoing pandemic, healthcare systems are evolving to meet the growing infection rate worldwide. Manufacturers of optical systems and optoelectronics saw an increase in market growth during this destructive phase of the Covid-19 pandemic as they provided additional, objective information that significantly improved these aspects of patient care.

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Key Topics Covered in the Report

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

Major Companies Mentioned in the Report

  • Affymetrix Inc.
  • Andor Technology
  • BD (Becton, Dickinson and Company)
  • Carl Zeiss AG
  • Olympus Corporation
  • Hamamatsu Photonics K.K
  • Zecotek Photonic Inc.
  • Idex Corporation
  • IPG Photonics
  • Oxford Instruments Plc

Notable Emerging Companies Mentioned in the Report

  • Lumicks
  • Creoptix
  • ThnikCyte
  • PhotoPharmics
  • Impedimed
  • Norlase
  • Vivosight
  • Speclipse

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

  • Biotechnology - Therapeutics and Diagnostics Companies
  • Pharmaceutical Companies
  • Manufacturers of Diagnostic Kits and Instruments
  • International Agency for Research on Cancer (IARC)
  • Neural Regeneration Research Organizations
  • Research Drug Monitoring Authorities
  • AI Solution Providers for Drug Discovery
  • Medical Devices manufacturers
  • Government Ministries and Departments of Healthcare

Period Captured in the Report

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

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

Global Biophotonics Market: Ken Research

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Key Insights on Competitive Landscape in Global Disposable Gloves Market: Ken Research

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Few Diverse Global Players Dominate the Market Holding ~40% of Revenue Share Despite Presence of about 200 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study on Global Disposable Gloves Market by Ken Research.

Gloves are pieces of clothing that cover a part of our hands. These are use-and-throw products, which can reduce the spread of infection. Natural rubber latex, nitrile, and vinyl are the widely used varieties of disposable gloves. Although Disposable gloves are majorly used in the healthcare industry, including hospitals, clinics, Dental, EMS, and others, since the outbreak of the Covid19 pandemic, awareness of disposable gloves has spread across other industries as well. Many such industries have started using gloves as a mandatory precaution, including the food processing industry, restaurant chains, chemical industry, automobile aftermarket, and more.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Global Players Who Comprise 10% in Terms of Number of Competitors Hold Dominant Revenue Share

Competitive Analysis by the research study found that the Global Disposable Gloves Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in disposable gloves manufacturing and distributing for specific segments. The large global players, even though comprise just about 10% in terms of the number of companies, hold ~40% of the market revenue share followed by regional players which account for ~35% of the market revenue. Most of the country-niche players are having their headquarters in Malaysia, Asia Pacific region.

Global Disposable Gloves Market

Specialist Players within Global Disposable Gloves Market Earn a Major Chunk of their Overall Revenues from this Segment

Detailed Comparative Analysis of Key Competitors done within the research study revealed that for specialist players such as Kossan Rubber, and Rubberex, the companies’ gloves businesses generate ~88% and ~95% of their global revenues. While for diverse players these can be anywhere in the range of 50% to 60% as per the analysis done in the study on the Global Disposable Gloves Market. All leading global competitors are having a strong presence in the Global Disposable Gloves market and offer comprehensive Disposable Gloves solutions to all major industries including healthcare, clinics, dispensaries, food processing, chemical factor, and any other industrial site.

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  • In April 2022, Ontario London Government invested in constructing 120,000 square foot facility that would manufacture medical-grade nitrile gloves. Manikheir Canadar Inc., under this contract, would manufacture approximately 500 million medical-grade nitrile gloves annually for up to 10 years.
  • The Department of Defense in collaboration with the Department of Health and Services awarded various contracts that amounted to US$226.3 million to companies for manufacturing nitrile and medical gloves.

Global Disposable Gloves Market Size

During and Post-COVID Pandemic, Gloves Gained a Huge Market due to the Rapidly Spreading Covid19 virus and Increasing Awareness among Peoples

The pandemic helped the disposable gloves market to grow. Analysis of the latest available industrial data shows that sales volume growth for nitrile disposable gloves saw an improvement of 23.6% from 2020 to 2021, with approximately 1.2 billion pieces sold in 2021 versus 970.5 million pieces in 2020. Also, the average glove selling price increased from US$53/1000 pieces to US$73/1000 pieces from 2020 to 2021. Gloves are an important component of the PPE (Personal Protective Equipment) kit. As per the UNICEF reports, since the start of the pandemic, UNICEF has shipped more than 653.4 million items of PPE to 140 countries as part of its Covid19 response programs.

Increased adoption of Disposable Glove Globally Leading to Major Industry-Wide Developments, Acquisitions, Collaborations, and Deal-Wins

  • In March 2022, American Nitrile, LLC, announced a strategic partnership with Orion Infrastructure Capital (OIC) to construct its manufacturing facility in Grove City. Under this agreement, OIC will provide US$105 million to support the completion of 12 production lines with an aggregate capacity of 3.6 billion nitrile gloves per year.
  • In March 2021, Hartalega Holdings Bhd planned to invest US$1.7 billion to build 16 new manufacturing plants over the next 20 years. Hartalega currently operates with 12 manufacturing units and aims to increase the annual production of gloves by 95 billion by 2027.

Key Topics Covered in the Report: -

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

Major Companies Profiled in the Report: -

  • Ansell Ltd
  • Hartalega
  • Top Glove Bhd
  • Rubberex
  • Kossan Rubber Industries
  • Cardinal Health Inc
  • Sempermed
  • Sri Trang Gloves
  • Care Plus
  • Supermax Corporation Berhad
  • Synthomer Plc
  • Comfort Rubber Gloves Industries

Notable Emerging Companies Mentioned in the Report: -

  • Cullinan Gloves
  • Sara Health Care Pvt Ltd.
  • Amkay Products Pvt Ltd.
  • Medlis Healthcare Pvt Ltd
  • Anhui Tianyuan Latex Technology Co.
  • Dentopia Sdn Bhd.
  • American Nitriles
  • LifeMedz

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

  • Disposable gloves manufacturer companies
  • Disposable gloves distributors
  • Disposable gloves material supplier companies
  • Potential investors in disposable gloves companies
  • Disposable gloves association
  • Utilities sector organizations
  • Healthcare sector companies
  • PPE manufacturing companies
  • Research & development institutes
  • PE and VC Firms in Healthcare
  • Consulting companies in the health and hygiene sector
  • Disposable gloves component providers
  • Nitrile and latex gloves manufacturers
  • Government and research organizations
  • Investment banks & funds
  • Investors and financial community professionals
  • Healthcare Regulatory Authorities

Time Period Captured in the Report: -

  • Historical Period: 2019-2021
  • Forecast Period: 2022-2030F

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

Global Disposable Gloves Market: Ken Research

3 Key Insights on US$ 130 Bn Opportunity in the Global Biophotonics Market: Ken Research

 Driven by the recent surge of nanotechnology, combined with increasing demand for home-based Point-of-Care (POC) devices, the Global Biophotonics Market is Forecasted to Cross US$ 100 Bn by 2028 says Ken Research Study.

Biophotonics is the exploration of light in conjunction with biology. It can aid surgeons in understanding how cells and tissues function. This light technique collects a sample of both diseased and healthy tissue for use in the diagnosis, treatment, and surgery. Furthermore, it has the potential to provide technical solutions for significant advances in medical diagnostics, therapeutics, and biotechnology by utilizing light absorption and reemission, as well as elastic and viscous photon scattering events in tissues or samples.

According to Ken Research estimates, the Global Biophotonics Market – which grew from around US$ 30 Bn in 2017 to nearly US$ 50 Bn in 2022 – is expected to grow further into a more than US$ 100 Bn opportunity by 2028 -

Ken Research shares 3 key insights on this high opportunity market from its latest research study”

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1. Biophotonics has seen Accelerated Growth after Several Proactive Interventions and Rising Funding for the Diagnosis of Multiple Disorders and Diseases.

The Global Biophotonics Market is expected to witness strong growth during the forecast period, owing to increasing favorable government initiatives concerning drug development or research, along with soaring digital healthcare funding. Diagnostic biophotonics is concerned with technologies that detect disease states and monitor the efficacy of proposed treatments. Therapeutic biophotonics, on the other hand, involves altering biological processes and treating disease conditions. Furthermore, biophotonics has found widespread application in biological and clinical research with the development of advanced lasers, optics, spectroscopy, and microscopy tools.

Global Biophotonics Industry

2. The Rising Prevalence of Chronic and Neurodegenerative Diseases is Major Growth Driver for Global Biophotonics Market.

The increasing prevalence of chronic and neurodegenerative diseases, including Neurodegenerative disorders, Alzheimer’s disease (AD), and Parkinson’s disease (PD) due to an aging population, has led to increasing demand for improved drug development or research to effectively combat these diseases.

  • For instance, according to Alzheimer's Disease Association, a U.S.-based non-profit organization, presently nearly 6.2 million individuals in the U.S. have Alzheimer's disease, a progressive neurologic disorder that leads the brain to shrink and brain cells to die.
  • According to Parkinson’s Foundation, a U.S.-based non-profit organization, nearly a million Americans have Parkinson's disease (PD), a brain disorder that leads to unrestrained movements such as wobbling, stiffness, and difficulty with balance and coordination, with the number expected to increase to 1.2 million by 2030. In addition, over 10 million people worldwide are currently affected by Parkinson's disease (PD).

Global Biophotonics Sector

3. The Complexity of Biophotonics Technology, Combined with the High Cost of Biophotonics-Based Instruments May Stifle the Market Growth.

The cost of biophotonics is higher than that of conventional instruments. They are regarded as more complex due to the integration of biological units as well as the generation, manipulation, and detection of light units, which raises their price. This will impede the growth of the biophotonics market. Furthermore, the semiconductor detector, which measures both the intensity and the energy of incident radiation, has the highest energy resolution and the clearest image tendency. Hence, biophotonics instruments with a semiconductor detector are likely to be more expensive.

Worldwide Biophotonics Market

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Key Topics Covered in the Report

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

Major Companies Mentioned in the Report

  • Affymetrix Inc.
  • Andor Technology
  • BD (Becton, Dickinson and Company)
  • Carl Zeiss AG
  • Olympus Corporation
  • Hamamatsu Photonics K.K
  • Zecotek Photonic Inc.
  • Idex Corporation
  • IPG Photonics
  • Oxford Instruments Plc

Notable Emerging Companies Mentioned in the Report

  • Lumicks
  • Creoptix
  • ThnikCyte
  • PhotoPharmics
  • Impedimed
  • Norlase
  • Vivosight
  • Speclipse

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

  • Biotechnology - Therapeutics and Diagnostics Companies
  • Pharmaceutical Companies
  • Manufacturers of Diagnostic Kits and Instruments
  • International Agency for Research on Cancer (IARC)
  • Neural Regeneration Research Organizations
  • Research Drug Monitoring Authorities
  • AI Solution Providers for Drug Discovery
  • Medical Devices manufacturers
  • Government Ministries and Departments of Healthcare

Period Captured in the Report

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

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

Global Biophotonics Market: Ken Research

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Sunday, November 27, 2022

Malaysia Online Insurance Market Growth, Trends, Developments and Outlook to 2026F: Ken Research

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How Online insurance industry is positioned in Malaysia?

Malaysia Online Insurance Market display a stable growth since 2016 growing at single digit CAGR ~%. Online Insurance market revenue stood at RM ~ Mn at 2018 and witnessed massive growth at a CAGR of ~% due to the impact of Covid-19 pandemic. Out of total insurance market, online has very insignificant share standing at ~X%. The online insurance industry is still in the nascent stage and insurance market in Malaysia is also still in the growth stage, growing at a CAGR of ~XX%. The online market players have been segmented into three segments, online insurance and online aggregator’s insurance providers. The major regulatory bodies are PIHM, Bank Negara Malaysia, PIAM among others managing the insurance industry and also managing the online insurance market. The major segments in insurance industry are General Insurance, General Takaful, Life Insurance and Family Takaful.

The market for both online captive players and online aggregators is concentrated among very limited number of players. The top 4 players in the captive segment covers more than three fourth of the total market share in terms of gross direct premiums. While in case of online insurance aggregators, the top two players owing majority of the market. The government’s policy of insuring the uninsured has progressively pushed insurance penetration in Malaysia and led to a proliferation of insurance schemes.

Malaysia Online Insurance Industry Segmentation Basis Gross Premium

Insurance market segmentation Product Type (Life Insurance, Family Takaful, General Takaful, General Insurance)

Online Insurance Industry in Malaysia can be segmented based on Product Type: Life Insurance, Family Takaful, General Takaful, and General Insurance where General Insurance accounting for highest share at XX% as compared to Life Insurance, Family Takaful and General Takaful on the basis of revenue generated in the year 2022. General insurance increased acceptance for online registrations, and expected to dominate the online insurance market in Malaysia owing to increased focus of companies on sales of motor, travel, personal accident, etc.

General Insurance segmentation by product type (Personal accident, Employers’ liability, Motor Insurance, and Medical & Health)

General insurance industry in market can be segmented basis on product type: Personal accident, Employers’ liability, Motor Insurance, and Medical & Health where Motor Insurance has the highest share-acquiring majority of the market share at ~XX% as compared to Personal accident, Medical & Health and employer’s liability. Motor Insurance, constitutes majority of market due to increased registrations, awareness of online insurance, less dependency on agents system when compared to life insurance where an agent model is preferred.

By Gross direct premium (Aggregators, Company owned website, and financial advisors)

Online Insurance Industry in Malaysia can be segmented based on Premiums: Aggregators, Company owned website, and financial advisors where financial advisors accounting for majority share at XX% as compared to others on the basis of Gross direct premium in the year 2021.

Insurance market segmentation based regional split (Penang, Klang Valley & Selangor and Johor)

Online Insurance Industry in Malaysia can be segmented based on regions: Penang, Klang Valley & Selangor and Johor where Klang Valley & Selangor accounting for majority of the market share at XX% as compared to Penang and Johor on the basis of revenue generated in the year 2021. Klang Valley has the highest urban working population in Malaysia, which forms the majority of insurance buyers. Majority of the companies are headquartered in Kuala Lumpur leading to an increased accessibility.

Malaysia Online Insurance Industry Covid Impact

Malaysia online insurance industry has seen double digit growth at the CAGR of XX% since 2019. The pandemic experience has increased consumer awareness of the need for risk protection, in particular for healthcare. Recent trends reveal that people prioritize insurance post COVID-19 and that they prefer moving their purchase journey online. ReMark’s survey showed that online sales have boomed in Malaysia with more than twice as many purchases via contactless channels in 2020 (26.9%) than in 2019 (12.5%), and it’s unsurprisingly the youth who are leading the charge, given their interest in life and medical products and comfort in using automated technology have both increased.

While sales of health insurance picked up, travel insurance suffered due to various countries’ imposition of travel bans and the public’s general reluctance to engage in non-essential travel.

URUS was a holistic assistance package to assist vulnerable borrowers impacted by COVID-19 who continued to experience cash flow difficulties. It offered repayment assistance and development support, including personalized financial plans, financial education programs and avenues to supplement incomes and obtain other development support via referrals to AKPK’s Social Synergy Network.

malaysia-online-insurance-market

Comparative Landscape In Malaysia Online Insurance Market

Competition is observed to be concentrated in the Malaysia Online Insurance Market with majority of market being acquired by two or three largest players. The comparison has been built on multiple factors which includes monthly and daily active users, financial parameters, company information, different models among others.

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Malaysia Online Insurance Market Future Outlook And Projections

Malaysia online insurance market is expected to expand with a double digit CAGR at XX% in between 2021 and 2026 on the basis of Gross Direct Premium. It is anticipated that Malaysia online insurance market will grow owing to factors such as increased government focus, technological developments, development of Aggregators and increased convenience. The market will pick up for both Motor and Non-Motor Insurance. After the pandemic, it is being forecasted that technology, in the form of automation and personalization, will dominate the insurance landscape, prompting Insurtech players to further diversify their products and services, and forcing incumbent Insurance Companies to adapt to technological advancements. General Insurance will dominate the Online Insurance Market in Malaysia owing to the increased focus of companies on sales of motor, travel, personal accident, etc. online. Companies are developing these categories at present.

Key Segments Covered in Malaysia Online Insurance Industry

Malaysia Online Insurance Market

By Product type of Insurance basis Gross Premium

Life Insurance

Family Takaful

General Takaful

General Insurance

By Product type of General Insurance basis Gross Premium

Motor Insuranc

Medical & Health

Employer’s liability

Personal accident

By Type of Entity basis Gross Premium

Captive Players

Aggregator Players

Financial Advisors

By Region basis Gross Premium

Penang

Johar

Klang Valley & Selangor

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Key Target Audience

Insurance players

Online Insurance Captive players

Online Insurance Aggregators players

Insurance Technology provider

Insurance users

New Entrant in Online Insurance space

Associated or affiliated Banks with Insurance entities

Regulatory Bodies for Insurance entities

Time Period Captured in the Report:

Historical Period: 2016-2021

Forecast Period: 2022-2026F

Companies Covered:

Online Insurane Aggregators

Policy Street

Bjak

Qoala

Online Insurance Captive Players

Liberty Insurance

Axa Affin Insurance

eTiQa Insurance

AIA Malaysia

Takaful Ikhlas

Tune Insurance

Zurich Insurance

Chubb Insurance

Allanz Malaysia Berhad

FWD Takaful

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

Malaysia Online Insurance Market

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Singapore Online Insurance Market Outlook to 2026

Thailand Online Insurance Market Outlook to 2027F

UAE Online Insurance Industry Outlook to 2024

Friday, November 25, 2022

An increasing ageing population, changing lifestyles, and increased private and public health care expenditure are driving growth of India Dental Services Market: Ken Research

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“The Dental Services Market in India saw a dip in the growth rate in FY’2021 due to the Covid-19 pandemic and dental clinics being shut down, but with everything opening back up the growth rate has gone back up.”

India Dental Services Market Overview: The India Dental Services Market is currently at the growth stage owing to the rising independent dental clinics, demand for cost efficiency, personal attention and upgradation in technology. Highest share of revenue is generated from organized and unorganized dental chains, owing to the low cost of treatments offered and convenience (easily accessible as near to their residence). Due to government policies such as National Oral Health Program, increase in the number of dental colleges and labs are further driving the market.

Growing Dental Tourism: Due to low-cost treatments available in India, there is a sharp rise in dental tourism, putting India and its dentists on the world map. With proper planning, tourists can have immediate dental treatment with less waiting time. India offers a proper infrastructure for healthcare; dental clinics have experienced staff and work with the latest equipment and technology. With mandatory implementation of nursing home act for hospitals and clinics, registered dental hospitals and clinics have to follow strict sterilization standard and waste management protocols.

Challenges Faced by India Dental Services Market: There are no regulations on prices, and there is limited oversight on the quality of dental services in India. Standardization has the potential to drive dental insurance, which is missing from the Indian health insurance landscape thus adding a larger customer base.  In India, there is no provision to have dental health included in the medical insurance, unless it is an accidental case. Increasing privatization, lack of standardization and transparency, no proper government control and people’s perception and attitude towards oral health are the key challenges faced by India Dental Services Market.

Impact of Covid-19 on India Dental Services Market: COVID-19 has a double-impact on dental professionals; dental clinics had to be upgraded to practice safety measures and in spite of this, there was dearth in patients due to fear of infection – all resulting in greater economic strain. Above 93% of the dental clinics followed all the safety measures instructed by WHO and the government, although there was a section of dentists who faced difficulty in acquiring the necessary PPE kits for personal safety. The persistence of the pandemic has led to changes in the guidelines are now more focused on protective measures to limit the spread of infection rather than suspending the procedures. Dentists have adopted new routines like wearing PPE kit, eye shields etc., in addition to the economic burden they face in the current scenario.

According to the research report India Dental Services Market Outlook to FY’2027F – Driven By Rising Dental Awareness, Dental Tourism, Lower Dental Services Cost and Government’s Strong Initiatives in Healthcare System states that the Dental Services Market in India is expected to grow at a positive CAGR of 9.6% during FY’2022-FY’2027F, owing to the rising adoption of teeth appearance improvement procedures, orthodontics segment is expected to witness a fast growth. Prevalence of dental disorders and increasing number of small and private dental clinics will lead to an increase in the number of dental chains in the country.

india-dental-service-market

Key Segments Covered:-

India Dental Services Market:

By Types of Services: 

Endodontics

Cosmetic Dentistry

Prosthodontics

Orthodontics

Periodontics

Implantology

Others (wisdom teeth removal, facial trauma, corrective jaw surgery and other minor surgeries)

By Revenue Division

Domestic

International Tourist

By End Users

Dental Clinics (Organized + Unorganized)

Hospitals

By Dental Clinics

Unorganized Dental Clinics

Organized Dental Clinics

By Cities

Tier-1

Tier-2

Tier-3

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Key Target Audience:-

Dental Service Providers

Dental Equipment Distributors

Dental Equipment Manufacturers

Dental Clinics

Hospitals

Healthcare Companies

Pharmaceutical Companies

Tourism Agencies

Government Bodies & Regulating Authorities

Time Period Captured in the Report:-

Historical Period: FY’2017-FY’2021

Base Year: FY’2022

Forecast Period: FY’2022– 2027F

Companies Covered:-

Dental Services Providers

Clove Dental

Partha Dental Skin & Hair

Orthosquare Dental Clinic

Sabka Dentist

Apollo White Dental

Key Topics Covered in the Report:-

India Dental Services Market Overview

India Healthcare Overview

Ecosystem of India Dental Services Market

Business Cycle and Genesis of India Dental Services Market

End User Analysis of India Dental Services Market

Consumer Journey in India Dental Services Market

Industry Analysis of India Dental Services Market

Key Growth Drivers in Dental Service Market in India

Major Challenges and Bottlenecks in India Dental Services Market

Regulatory Framework in India Dental Services Market

Competitive Landscape in in India Dental Services Market

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

Detailed Analysis on India Dental Services Market (Market Size and Segmentation, 2017-2022; Future Market Size and Segmentation, 2022-2027F)

Market Opportunity and Analyst Recommendations

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

India Dental Services Market

Related Reports By Ken Research:-

Malaysia Dental Services Market Outlook to 2026F

Vietnam Dental Services Market Outlook To 2023

Singapore Dental Services Market Outlook to 2026F

Indonesia Dental Services Market Outlook to 2026F

Qatar Auto Finance Market is expected to reach QR 18.9 Bn in 2026F: Ken Research

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  • Qatar will host the FIFA World Cup 2022 which is expected to increase the tourist flow (more than 1 mn tourists are expected to arrive in Qatar by the end of 2022) which will directly benefit the local business and automobile sector of the country.
  • Electric vehicles are eco-friendly and help Qatar in sustainable development and maintaining green environment. To maintain the environment, the banks are proving attractive offers of up to 100% loan to Qatari population on electric vehicle purchasing. It motivates the people to opt for electric vehicle.
  • The Qatar Financial Center provides an opportunity for local and international companies to establish a wide range of banking, asset management, and insurance businesses under a legal and regulatory system based on global best practices.

Qatar Auto Finance Market Outlook

Embracing Digitalization: Automotive Financing Companies are increasingly moving towards higher technological advancements to improve operational profits as well as customer experience. Car buyers are becoming increasingly willing to buy their next car online and to value “one-stop-shop” solutions offering guidance and personalization.

Change in Population Demographics: Permanent Population Committee (PPC) launched population policy in 2017 in order to promote growth of Qatari population.

This aims to reduce recruitment of foreign nationals and therefore will reduce expat population by increasing labor regulations. Various measures will be implemented to eliminate surplus laborers in the country, including conducting studies on illegal and domestic workers.  As expats demand the majority of auto loans, these policies are affecting the market negatively.

Government Policies: National Vision 2030 by the Qatar government has massive plans for the economy targeting to improve employment figures that might be fruitful for the auto finance market as well. Qatar National FinTech Taskforce was set up in 2017 to create a strong and sustainable FinTech ecosystem. As part of the FinTech Strategy, QCB has launched “sandbox” technology for computer security. As part of Covid-19 measures, QCB also infused capital into MSMEs of systemically important sectors to neutralize impact of Covid-19.

Analysts at Ken Research in their latest publication Qatar Auto Finance Market Outlook to 2026F- Driven by Increasing Vehicle Prices and Low-Interest Rate in The Country” By Ken Research observed that Qatar auto finance market has witnessed a decline in growth rate over the historical period. The shortage of semi-conductor chips, reduction of expatriate population and impact of COVID 19 has caused reduction in demand for auto loans in the country. However, the rising Auto Finance consciousness among the population, along with increasing loan facilities, customer taste, and preference, and implementation of favorable government rules & regulations is expected to contribute to the market growth over the forecasted period. The Qatar Auto Finance Market is expected to grow @2.8% CAGR over the forecasted period 2021-2026F.

Key Segments Covered

Qatar Auto Finance:

  • By Type of Vehicle financed
  • New
  • Used
  • By Tenure (for New and OldVehicles):
  • 1 year
  • 2 years
  • 3 years and more
  • By Type of Lender:
  • Banks
  • OEMs/Captives
  • NBFC
  • By Type of Lending Bank:
  • Government
  • Private
  • By Type of Commercial and Passenger Motor Vehicle:
  • Commercial
  • Passenger
  • By type of commercial motor Vehicle:
  • LMV
  • MCV
  • HCV
  • By Type of passenger motor vehicle
  • 4W
  • 2W and others

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Key Target Audience

  • Qatar Auto Industries
  • Government Bodies & Regulating Authorities
  • Finance Industry
  • Car company
  • Automobile dealers and users

Time Period Captured in the Report:

  • Historical Year: 2016-2021
  • Base Year: 2021
  • Forecast Period: 2021– 2026F

Companies Covered:

  • Qatar National Bank
  • Doha Bank
  • Commercial Bank
  • Al khaliji commercial bank
  • Ahli bank
  • Qatar Islamic International Bank
  • Qatar Islamic Bank
  • Dukhan bank
  • Masraf Al Rayan
  • HSBC
  • Standard Chartered Check
  • International Bank of Qatar
  • First Finance Company
  • Al Jazeera Finance

Key Topics Covered in the Report

  • Qatar Automotive Market Overview
  • Ecosystem of Qatar Auto Finance Market
  • Qatar Auto Finance Value Chain Analysis
  • Business Cycle and Timeline of Major Banks in Qatar Auto Finance Market
  • Market Sizing Analysis of Qatar Auto Finance Market, 2016-2021
  • Qatar Auto Finance Market Segmentation
  • SWOT Analysis of Qatar Auto Finance Industry
  • Trends and Developments in Qatar Auto Finance Industry
  • Decision Making Parameter for Selecting Car Loan Vendor
  • Issues and Challenges in Qatar Auto Finance Industry
  • Growth Drivers of the Qatar Auto Finance Market
  • Government Policies and Initiatives for Qatar Auto Finance Industry
  • COVID-19 Impact on Qatar Auto Finance Market
  • Competition Framework for Qatar Auto Finance
  • Future Outlook and Projections of the Qatar Auto Finance Market
  • Market Opportunities and Analyst Recommendations

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

Qatar Auto Finance Market Outlook to 2026F: Ken Research

Related Reports

Singapore Auto Finance Market Outlook to 2025 (Edition II)

Singapore Auto Finance Market Outlook to 2025

Philippines Auto Finance Market Outlook to 2024  

3 Key Insights on Competitive Landscape in the Global Solid-state Battery Market: Ken Research

                                                                                                                                                 Buy Now

Regional players dominate the market holding nearly 40% of revenue share despite the presence of about 100 competitors comprising global players, regional players, and country-niche players find a recent market study on the Global Solid-State Battery Market by Ken Research

A solid-state battery uses a solid as an electrolyte and has high energy density, better stability, and is safer in comparison to lithium-ion batteries. Different kinds of electrolytes could be used to increase the efficiency of a solid-state battery. Solid-state batteries are less expensive, safer, and more durable.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Country-Niche players constitute ~40% of the Total Number of Competitors and hold ~25% of the Total Market Revenue

A comprehensive competitive analysis conducted during the Research Study found that the Global Solid-State Battery Market is highly competitive with ~100 players which include globally diversified players, regional players as well as a large number of country-niche players who have their niche in the solid-state battery market. The regional players comprise ~45% in terms of the number of companies and hold about 40% of the market share. Key players in the market are focused on research and development to improve new technical features of solid-state battery cells to gain significant market share.

Global Solid-state Battery Market

Leading Players Focused on Research and Development of Solid-state Battery

Detailed comparative analysis of key competitors available within the Research Study shows that key players such as TOYOTA MOTOR CORPORATION, Excellatron, and BrightVolt Inc., among others are highly focused on offering solid-state batteries for various applications. Furthermore, market players are engaged in R&D activities and are investing heavily in the production of solid-state batteries to fulfill the demand of the end-users.

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  • In December 2021, TOYOTA MOTOR CORPORATION planned to introduce solid-state batteries in its hybrid vehicles by 2025. The company aimed to revolutionize battery technology in the production of cars.

Global Solid-state Battery Market

Increased Government Initiatives Promote Solid-state Battery Market Growth and Development

  • In March 2022, the Government of India introduced several schemes and programs like the National Action Plan on Climate Change (NAPCC) to combat climate change to reduce carbon emissions. The NAPCC comprises missions in specific areas of energy efficiency, water, solar energy, and others.
  • In April 2022, The USA Department of Transportation’s Federal Highway Administration announced a new program and offered US$ 6.4 billion in funding to help reduce carbon emissions. President Biden approved the program under the Bipartisan Infrastructure Law.

Key Topics Covered in the Report

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

Major Companies Mentioned in the Report

  • Cymbet
  • TOYOTA MOTOR CORPORATION
  • Robert Bosch GmbH
  • Solid Power Inc.
  • Excellatron
  • BrightVolt Inc.
  • SK Innovation Co. Ltd
  • STMicroelectronics
  • Total Energies
  • StoreDot

Notable Emerging Companies Mentioned in the Report

  • QuntumScape Corporation
  • Factorial Inc
  • Gangfeng Lithium Co Ltd
  • Prieto Battery
  • Dyson Ltd.

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

  • Solid-state Battery Manufacturers
  • Electric Vehicle Manufacturers
  • Electronic Manufacturers
  • Wearable Device Manufacturers
  • Medical Device Manufacturers
  • Research & Consulting Firms
  • Research and Development Associations
  • Investment Banking & Financial Institutes
  • Research & Development Institutes for Solid-state Battery
  • Solid-state Battery Providers
  • Solid-state Battery Technology Research Organizations
  • Solid-state Battery Suppliers
  • Investors in Solid-state Battery Start-ups
  • Solid-state Battery Distributors
  • Government Regulatory Bodies

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

Global Solid-State Battery Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

Technology advancement, Cross Border E-commerce, and Increased local penetration by E-Commerce Platforms are some of the key growth drivers of the Singapore e-commerce industry: Ken Research

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Driven by the Entry of Home-Grown Players and Developing Logistics Infrastructure, the logistics market in Singapore has ample growth potential in the coming years.

Singapore’s luxurious lifestyle and disposable income: Singapore is one of the strongest economies consisting of a rich population, luxurious lifestyle, disposable income, and a variety of options available online. It is ranked 1st in the world for the fastest internet speed. The number of new users since the pandemic is set to increase even further as residents switch to e-commerce platforms for more essential products such as groceries. Expansion in internet services coupled with increasing demand for online logistics services has collectively given a boost to the development of the E-commerce logistics industry in Singapore.

Luxury to essential E-Commerce: The advent of faster delivery trends has largely persuaded many buyers to purchase products from outside the region. ~78% of Singapore online shoppers have shopped cross-border in the year 2021. In addition to this, the Covid-19 circuit-breaking measures by the government have seen a massive shift from luxury to essential e-commerce orders. The government is also taking active strides to make Singapore a global logistics hub, with investments in underlying infrastructure and supply chain capabilities. Advanced logistics, connectivity, and sectoral funding are the drivers upon which modern technology-driven enterprises have found their incredible growth.

singapore-e-commerce-logistics-market

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 Government Initiatives revamping the demand: In Singapore, under the Lemon Law, sellers are legally bound to provide goods that are in no way damaged or defective and they must be of satisfactory quality and performance. It also applies to goods that do not fit their descriptions or serve their purposes. Also, the Unfair Practices act lists 24 practices that are there to protect customer rights in cases where a seller makes a false claim and/or omits information leading to the buyer being deceived or misled.

Platform Integration and Cross-Border Challenges: Singapore E-Commerce platforms face a major challenge in integrating a critical mass of multiple user bases. Often, a platform’s perceived value rests largely on this factor. Even high delivery failure rates due to a lack of orders and delivery consolidation between retailers pose a major risk to E-Commerce logistics in the country.

Analysts at Ken Research in their latest publication Singapore E-Commerce Logistics Market Outlook to 2026F - Driven by Entry of Home-Grown Players and Developing Logistics Infrastructure” by Ken Research observed the potential of the E-Commerce Market in Singapore. The increasing internet penetration in Singapore and technological advancements, the improving logistics system in Singapore, and increased local penetration are expected to contribute to the market growth over the forecast period. The Singapore E-Commerce Market is expected to grow at 14.2% CAGR over the forecasted period 2021-2026F owing to the rise in high Consumer appetite and heavy investment in technological advancement in the country.

Key Segments Covered:  -

Singapore E-Commerce Logistics Market:

By Source

Domestic Shipments

International Shipments

By Shipment Weight

0-2 KG

2-5 KG

Greater than 5 KG

By Delivery:

Same Day delivery

Next day Delivery

More than 2 days

By Mode of Shipment:

Land

Air & sea

By Payment Mode:

Cash

Others (E-wallet, Debit Card, Credit Card, QR Pay, Bank Transfer)

By Type of Company:

3LP

Captive

By Product Category:

Fashion

Electronics

Furniture

Toys, Hobby and DIY

Food and Personal Care

Key Target Audience

E-Commerce Companies aiming to establish in Singapore

Singapore’ E-Commerce logistics industries

Government Bodies & Regulating Authorities

E-Commerce Industry

Logistics industry

Shipping company

Warehousing Companies

E-Commerce users

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Time Period Captured in the Report:

Historical Year: 2017-2021

Base Year: 2021

Forecast Period: 2021– 2026F

Companies Covered:

E-Commerce Logistics Company

DB Schenker Singapore

Singapore Post

DHL Singapore

UPS Singapore

FedEx

UParcel

J&T Express

ABX Logistics

GDEX

Ninja Van

Lalamove

Quantium Solutions

E-Commerce Companies

Lazada

Zalora

ASOS

Qoo10

Shopee

HipVan

EZBuy

Journey East

FairPrice

Kmart

Sephora

Key Topics Covered in the Report

Singapore E-Commerce Retail Market Overview, 2021

Ecosystem of Singapore E-Commerce Market

Singapore E-Commerce Logistics Market Overview and Genesis, 2021

Singapore’s E-Commerce Logistics Market Ecosystem

Timeline, Industry Cycle and, Operating model of Singapore’s E-commerce Logistics Market

Singapore E-Commerce Logistics Market Sizing, 2017-2021

Singapore E-commerce Logistics Market Segmentation (by Delivery, Market by International and Domestic, By Mode of Transportation, by Channel, by Mode of Payment), 2021

Singapore E-Commerce Warehousing Overview, 2021

Competition Landscape of Singapore E-Commerce Logistics Market

SWOT Analysis of Singapore E-Commerce Logistics Market

Growth Drivers of Singapore E-Commerce Logistics Market

Challenges and Restraints of the Singapore E-Commerce Logistics Market

Government Regulations of the Singapore E-Commerce Logistics Market

Covid-19 Impact on the Singapore E-Commerce Logistics Market

Future Outlook and Projections for Singapore E-Commerce Logistics Market, 2021-2026

Market Opportunities and Analyst Recommendations

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

Singapore E-Commerce Logistics Market Analysis

Related Reports by Ken Research: -

Malaysia E-Commerce Shipments Market Outlook to 2026F

USA Logistics Industry Outlook to 2026

Germany E-Commerce Logistics Market Outlook to 2026F

3 Key Insights on Competitive Landscape in the Global Door Entry Systems Market: Ken Research

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Country-niche Players and Regional Players hold ~35% and ~30% of the market revenue share respectively Despite the Presence of about ~300 Competitors, finds a Recent Market Study on the Global Door Entry Systems Market

Door Entry Systems are generally access control systems used to control the entry and exit to a particular residential or commercial building, property, or zone. These can be some unlocking devices, intercoms, or doorbells that allow only authorized persons to access a particular area that is mostly multi-user or multi-tenant. These can be contactless biometric readers that are capable of face recognition or automatic doors or fingerprint readers among other types.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1. Country-niche Players Hold Around 35%, Followed by Regional Players Holding ~30% of the Market Revenue Share

A comprehensive competitive analysis conducted during the Research Study found that the Global Door Entry Systems Market is competitive with ~300 players which include globally diversified players, and regional players, as well as a large number of country-niche players.

According to the research, the Country-niche Players held the dominant position in the market in 2021, in terms of market revenue share with about ~35% followed by regional players which account for ~30% of the market share.

Competitive Landscape of Global Door Entry Systems Market

2. Players are Increasingly Investing in the Door Entry Systems Industry which is Promoting Market Growth

To increase their position in the market, competitors have implemented a variety of organic and inorganic growth techniques. To expand their regional footprint and improve their product offering, these top players used mergers and acquisitions, new product development, and partnerships to address the rising demand for Robotics.

  • In November 2022, SALTO launched its new smart access solution, Homelok, for residential applications. Homelok integrates cloud software, global service support, smart access control technology, digital keys, and hardware making it an all-in-one solution.

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Key Competitiors Within Global Door Entry Systems Market

3. Increased Adoption of Door Entry Systems in Various Parts of the World leading to Major Industry-Wide Developments, Acquisitions, and Deal-Wins 

  • In April 2022, Johnson Controls acquired Security Enhancement Systems LLC (SES) which provided keyless mobile-based access control solutions to infrastructure such as telecommunication towers. This bolstered Johnson Controls’ access control portfolio by enabling it to provide local as well as off-site access.
  • In August 2022, dormakaba Group acquired the Dutch industrial door systems company Alldoorco. The dormakaba Group aimed to benefit from the complementary products from Alldoorco and further strengthen its presence in its core services and maintenance business in the Netherlands market through this acquisition.

Key Topics Covered in the Report:-

Snapshot of the Global Door Entry Systems Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Global Door Entry Systems Market

Historic Growth of the Overall Global Door Entry Systems Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Door Entry Systems Market

Overview, Product Offerings, and SWOT Analysis of Key Competitors

COVID-19 Impact on the Overall Global Door Entry Systems Market

Future Market Forecast and Growth Rates of the Total Global Door Entry Systems Market and by Segments

Market Size of Fiber Type / End User Segments with Historical CAGR and Future Forecasts

Analysis of the Door Entry Systems Market in Major Regions

Major Production / Consumption Hubs in the Major Regions

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within Each Major Region

Major Players Mentioned in the report

ABB

Schneider Electric

Johnson Controls

Honeywell International Inc.

Siemens

Bosch Sicherheitssysteme GmbH

IDEMIA

Legrand

Dormakaba Group

ADT

SALTO Systems, S.L.

Notable Emerging Companies Mentioned in the Report

CAME

CIVINTEC

The Akuvox Company

Commend International GmbH

Xenon Smart Teknoloji

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

Door Entry Systems Solutions and Service Providers

Door Entry Systems Developers

Suppliers of Door Entry Systems

Door Entry Systems Raw Materials and Components Suppliers

Software and Application Developers for Door Entry Systems Industry

Third-party Service and Maintenance Providers

Investors and Venture Capitalists in the Door Entry Systems Industry

Market Research & Consulting Firms

Start-ups & Incumbents in Door Entry Systems Industry

PE and VC Firms in Door Entry Systems

Government & Regulatory Authorities

Building Security Technology Companies

Home and Office Security Technology Companies

Video/Audio System Makers of the Door Entry Systems Industry

Time Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2022E-2028F

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

Global Door Entry Systems Market

The Malaysia Quick Commerce Market is growing owing to Internet and Smartphone penetration along with a growing E-Commerce market: Ken Research

Focus on high internet penetration rate, the ‘Go-ecommerce Onboarding campaign’, driven by increasing requirement of convenient and hassle-free experience Are Major Factor Contributing towards development of Quick Commerce Market in Malaysia.

Gen Z and Unplanned Purchase Driving the Market: Increased affinity of online and Gen-Z customers towards top-up and indulgence purchases driving the segment. In addition to this, the rising unplanned online ordering behavior from metro and tier I cities is also a contributing factor in the rise of the segment.

Shift in Consumer Behavior from Value-seeking to Convenience-Seeking: Willingness to pay for premium products, growing market for easy-to-cook products at-home delivery, demand for healthy and nutritional products, rising consumption of newer products through global experiences. Shift in consumer behavior from value-seeking to convenience-seeking, resulting in weekly, small-sized purchases rather than larger, monthly purchases driving the demand for on-demand logistics market.

Increased Conversion: "Malaysia, as with many Asian countries, love a bargain. We see year-round sales and discounts in malls and markets, reflected online via coupon sites such as Cuponation. We often see huge spikes in traffic (2 times -3 times) on specific sales dates and 60-70% conversion rates. These spikes are fueled further of late by buy now pay later payment options. The biggest spikes come on the 11-11, and 12-12 where we have seen 70 - 85% conversion rates with AOV driven up by more than three times on these sale days.

malaysia-quick-commerce-market

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Evolving purchasing habits with Digital Free Trade Zone: Consumer purchasing habits are evolving, supported by the Malaysian Government’s National E-commerce Strategic Roadmap, which seeks to promote growth in online retail and attract investment in the sector from global players. The Digital Free Trade Zone (DFTZ) was set up by the Malaysian Government in 2017 to facilitate seamless cross-border trade and enable local SMEs to export their goods using online marketplaces. There are currently over 1,900 companies participating in the zone. Food and beverage, beauty and personal care, furniture, and health and medical are among the top categories.

Analysts at Ken Research in their latest publication Malaysia Quick Commerce Market Outlook to 2026F- Driven by growing technological adoption and infrastructure development” observed that Malaysia Quick Commerce Market is in the growing phase. The adoption of New Technologies, emerging new players, high internet penetration, balancing lifestyle, Government Initiatives and with the convenience of last mile delivery, are some of the factors that will contributed to the Malaysia Quick Commerce market growth over the period of 2022P-2027F with a growth rate of CAGR 6.0%.

Key Segments Covered in the report: -

Malaysia Quick Commerce Market Segmentation on Demand Grocery

By Products Category

  • Beauty & Personal care
  • Packaged Food & Beverages
  • Staples
  • Fruits & Vegetables
  • Others

By Region

  • Metro & Tier I
  • Tier II & below

By Business Model

  • Dark Store Model
  • Marketplace Model

By Customer's Gender

  • Male
  • Female

By Delivery Time

  • 0-30 mins
  • 30-45 mins
  • 45- 1 hour
  • 1-2 hours

By Order Value

  • 0-50
  • 50-100
  • 100-200
  • 200-1000

By Customer's Age

  • 16-24
  • 25-34
  • 35-44
  • 45-54
  • 55+

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Malaysia Quick Commerce Market Segmentation on Demand Logistics

By B2B/B2C & C2C

  • B2B
  • B2C
  • C2C

By B2C End User

  • Grocery
  • Flowers
  • Shoes
  • Fresh Fruits & Vegetables
  • Others

By Regions

  • Urban Areas
  • Tier 2 and Rural Areas

By Average Delivery time taken

  • 0-30 mins
  • 30-45 mins
  • 45 mins - 1 hr.
  • 1 hr.- 2hr

Malaysia Quick Commerce Market Segmentation on Demand Food Delivery

By Region

  • Urban Areas
  • Tier 2, 3, Rural Areas

By Average Delivery Period

  • Under 30 Minutes
  • 30-45 Minutes
  • 45-60 Minutes

By Gender

  • Male
  • Female

By Age Group

  • 18-24
  • 25-34
  • 35-44
  • 45 above

By Frequency of ordering

  • Everyday
  • 2-3 times a week
  • once a week
  • every 2 weeks
  • once a month
  • once every 6 months
  • once a year
  • less than once a year

By Cuisine type

  • Fast Food
  • Malay
  • Beverages
  • Chinese
  • Others

Key Target Audience

  • Quick Commerce Players
  • Ecommerce Companies
  • E-grocery Companies
  • Logistics Companies
  • Cold Chain Companies
  • Investors & Venture Capitalists

Time Period Captured in the Report:

  • Historical Period: 2017/22-2021
  • Forecast Period: 2022-2027F

Companies Covered:

  • Food Panda
  • GrabFood
  • Oddle
  • Quicksent
  • Airasia
  • Pandamart
  • GrabMart
  • Happyfresh
  • Lala Move
  • Borzo
  • GrabExpress
  • Pickupp

Key Topics Covered in the Report

Country Overview Malaysia

Ecosystem of Major players in the Malaysian Quick Commerce Market, 2022

Business Cycle and Genesis of Malaysia Quick Commerce Market

The Rise of Rapid Delivery (Quick Commerce)

Customer Journey: Traditional E-Commerce VS On-Demand Logistics

E-commerce statistics in Malaysia as compared to other regions

E-commerce penetration in Malaysia

E-commerce trends in Malaysian states

E-commerce vs Quick Commerce

Business Model Canvas of Quick Commerce businesses

On Demand Food Delivery Market in Malaysia

Market Segmentation for On Demand Food Delivery Market in Malaysia

Competition Analysis for On Demand Food Delivery Market in Malaysia

Future Forecast for On Demand Food Delivery Market in Malaysia

On Demand Grocery Delivery Market in Malaysia

Market Segmentation for On Demand Grocery Delivery Market in Malaysia

Competition Analysis for On Demand Grocery Delivery Market in Malaysia

Future Forecast for On Demand Grocery Delivery Market in Malaysia

On Demand Last Mile Logistics Market in Malaysia

Market Segmentation for On Demand Last Mile Logistics Market in Malaysia

Competition Analysis for On Demand Last Mile Logistics Market in Malaysia

Future Forecast for On Demand Last Mile Logistics Market in Malaysia

Industry Analysis

Regulations: Product Registration and Certification

Challenges in Market

Growth Drivers of the Malaysian Quick Commerce Market

Growth driven by Covid-19 pandemic

Malaysian Government’s National E-commerce Strategic Roadmap

Sub-segments of the Malaysian Government’s Digital Free Zone

Diversification Opportunity to Other Categories

Technologies to Leverage in the Malaysian Quick Commerce Market

Strategies followed by Food Delivery Player in SEA’s

New Technologies

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

Malaysia Quick Commerce Market Analysis

Related Reports by Ken Research: -

India Quick Commerce Market Outlook to FY’27F

KSA Online B2B Grocery Market Outlook to 2026F

Vietnam Online Grocery Market Outlook to 2026