Swift growth of Indonesian Construction Industry led by Strong Government Initiatives: Ken Research

Ken Research announced its latest publication on, “Indonesia 2016 Construction Outlook: Infrastructure Opportunities with Relative Risk and Challenges” offering insights on the construction and infrastructure industry in Indonesia. It provides complete information about major market players and their business plans to succeed in market. Further, it provides detailed insights of risks and challenges posed to industry and seeks to provide perfect risk mitigation strategies. It also provides information on new and recent trends in the industry and how it may impact the business decisions of the involved companies.

Overview of construction industry of Indonesia
Indonesia is currently evolving as one of the leading Asian economy with a significant growth rate and fast paced development. After 1990’s Indonesia has witnessed spectacular growth which was led by manufacturing and service sector (especially tourism). The agricultural sector no longer remains the dominating sector. Thus, in order to attain subtle growth and development, Indonesian government introduced policies to induce development of infrastructure to foster economic growth. This has led to undertaking of huge infrastructural projects in Indonesia. Signature tower floors, Kalibaru post, Peruri 88 floors, Jakarta-Bandung super express, Trans Java toll road, etc. are some major megaprojects undertaken by Indonesian construction industry.
Major construction firms like PT PLN Persero, PT Kayan Hydro Energy, Sarula Operations, PT Paiton, PT Lestari Banten, PT Antam, PT DSSP Power Sumsel, PT Kereta API Indonesia (PT KAI), PT KAI Commuter Jabodetabek (KCJ), PT Mass Rapid Transit Jakarta, PT Jakarta Monorail (PT JM), Indonesia Ministry of Transport, Indonesia Ministry of Public Works, Jakarta City Administration have undertaken numerous commercial and residential projects which is aiding expansion of Indonesian construction sector.
List Of Table Covered in report
1-  Indonesia Coal Exports To Other Countries: Share by Country, 2013
2-  Indonesia Economic Development (Including Infrastructure) Plans at 3 main levels
3-  Impact of Change of Coal Prices on Indonesia' GDP growth rate
4-  Indonesia Poverty Rate and Corresponding Impact on the Economic Growth
5-  Planned and Upcoming Infrastructure Megaprojects Spend in the South East Region, By Country
6-  South East Asia-Ongoing Projects by Country with Indonesia's Share
7-  Indonesia Total Infrastructure Megaprojects Spend and Project Size: By Project Status
8-  Indonesia Historical Infrastructure Megaprojects Spend and Project Size: Detailed Sector View
9-  Indonesia Master Plan-Infrastructure Investment Plans till 2025: Sector Spend
10-  Indonesia Upcoming Infrastructure Megaprojects Spend and Project Size: Detailed Sector View
11-  Indonesia Six Economic Corridors and Respective Capabilities
12-  Indonesia Infrastructure Master Plan-Spend by 'Six Economic Corridors 'till 2025
13-  Indonesia Historical and Upcoming Infrastructure Megaprojects: Ownership by Public, Private and Public Private Partnership
14I-  ndonesia Private Ownership in Infrastructure Megaprojects: Spend By Project Status and Operating Model (Joint venture / 15Partnership or Standalone)
16-  Indonesia Infrastructure Historical and Upcoming Megaprojects-Sector Spend by Private and Public Owned projects
17-  Indonesia Public Private Partnership (PPP) Infrastructure Megaprojects Spend: By Project Status and Concession type
18-  Upcoming PPP Infrastructure Megaprojects in Indonesia: By Sectors
19-  Historical and Upcoming PPP Infrastructure Megaprojects Spend in Indonesia: By Sectors
20-  Comparison of Upcoming Spend on PPP Infrastructure Megaprojects in South East Asia with PPP Readiness Index: By Countries
Key drivers of demand
Many factors have led to rapid rise in demand for infrastructure, some of which are listed below:

• Rapid rise in standard of living

With rise in GDP and growth in Indonesia, standard of living has also increased substantially. This hassled to rapid urbanization in the economy laden to rising demand for residential projects.

• Population boom

Like other developing nations, Indonesia is also witnessing rapid increase in population which is leading to rise in consumption demand and demand for residential projects.

• Infrastructure demand by manufacturing sector

Since Indonesian economy is heavily dependent on secondary and tertiary sector it requires construction of basic infrastructure like roads, railways, etc. demand for sophisticated construction projects like commercial buildings is also rising.

• Rising public investment

Government in order to attain GDP target is rapidly improving investment in infrastructural projects which is leading to rapid expansion of Indonesian construction sector.
Future of construction industry
Indonesian construction industry is expected to enlarge further with more multibillionaire megaprojects being undertaken. However, there are some challenges and risk posed to the industry which are as follows:

• Dearth of investment in the construction industry
• Falling GDP in recent past
• Inefficiency in implementation of policies

For more coverage click on the link below:
https://www.kenresearch.com/manufacturing-and-construction/infrastructure/indonesia-construction-outlook/38146-97.html
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     Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

Ban on Sales of Plastic Packaging and Rising Impetus of Packaging from Renewable Sources to Shape Paper Packaging Sector in the United States: Ken Research

Ken Research announced its latest publication on “US Paperboard Packaging Market Outlook to 2020 - Expanding E-tail industry and Usage of Recycled Paper to Fuel the Demand for Paper Products” which provides a comprehensive analysis of paperboard packaging market in the US. The report focuses on the US paperboard packaging market. The report covers market size in terms of value & volume and segmentation of overall paperboard packaging industry on the basis of organized and unorganized sector, by types of products, by grades, by virgin or recycled paperboard, by Applications, by types of papers used, by regions and by E-commerce and offline clients. The potential and future outlook for paperboard packaging has also been discussed in the publication. The report provides detailed analysis of major players, their strategies, and porters five forces model, Trends & Developments and major issues and challenges with the US paperboard packaging industry in the US. The report also serves as a benchmark for existing players and every new player who wish to capitalize the market potential and investors who are looking forward to venture into the paperboard packaging industry in the US.

The overall global packaging industry has been valued at USD 600 billion in 2015 of which the Paperboard Packaging products constituted 42%. The benefits and multiple usages in all the sectors had driven the market of paper board packaging globally. The expanding E-commerce industry, FMCG industry and retail industry had also fueled the demand of paperboard packaging in the world. Additionally, due to rising environmental concerns the government has been encouraging the use of paperboard packaging products which had created the huge potential for the paperboard manufacturers over the past few years.

The paper packaging industry caters the needs of many sectors in the economy such as Food & Beverages, Automobile, Fast-Moving Consumer Goods (FMCG), Pharmaceuticals, Durable goods, Tobacco and many more. Rising retail sector in US and robust growth in the e-commerce industry from past five years had driven the market of paperboard packaging industry in the country. In a country like the US where the purchasing power of the people is high as compared to other countries, goods are usually sold in luxurious packaging material which contributes significantly towards the rising demand for paper packaging products in the country.

Ban on usage of non-renewable resources for packaging in the country had increased the demand of renewable resources. Moreover, paper board packaging can be scored, folded, curved and custom die-cut in countless ways. In several states of the US, the plastic bags are banned during the period of 2012-2015. Recently the California state of the US had passed a law of prohibition of plastic bags usage in 2014 and it was implemented from July, 2015. Rise in concern for environmental issues in the country had forced many companies to use renewable raw materials for making packaging boxes. This had triggered the market of paperboard packaging in the country. Paperboard can be re-used again for making different materials.

According to the research report, the paper board packaging market will record revenue of USD 66 Billion by 2020 due to more players entering the market, expansion of e-commerce sector in the country, increasing demand of personal care & health care products, rising retail and consumer goods industry.

“Increasing demand of paperboard packaging in the country had increased its production in the country. The leading and the emerging countries should regularly upgrade their manufacturing plants to increase the manufacturing capacity of the plant. The companies should also establish their own recycled mills and should focus on manufacturing innovative products in the paperboard packaging industry in the country. Due to the increase in demand of raw materials required to make the paperboard packaging products, the companies should form strategic partnerships with the suppliers of the raw materials in the US” according to the Research Analyst, Ken Research .

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

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/us-paperboard-packaging-industry/47688-100.html

Key Topics Covered in the Report:

·          US paperboard packaging Market Introduction and Size by value and volume

·         US paperboard packaging Market Segmentation

o   By organized & unorganized sector

o   By types of products (corrugated boxes, folding cartons, paper bags and others)

o   By grades (Solid bleached sulphate, Coated unbleached Kraft Paperboard, Uncoated recycled paperboard, coated recycled paperboard)

o   By virgin or recycled paperboard

o   By Applications

o   By types of papers used

o   By regions

o   By E-commerce and offline clients

·         Value Chain analysis for paperboard packaging in the US

·         US Corrugated boxes market size by value and volume

·         US corrugated boxes Market Segmentation (By grades, by Applications, by types of papers used)

·         US Folding carton boxes market size by value and volume

·         US Folding carton boxes Market Segmentation (By grades, by Applications, by types of papers used)

·         US Paper bag market size by value and volume

·         US Paper bag Market Segmentation (By grades, by Applications, by types of papers used)

·         Growth Drivers and Challenges in the US paperboard packaging Market

·         Issues and Challenges in  the US paperboard packaging Market

·         Market Share of Major Players in the US paperboard packaging Market

·         Company Profile of Leading and Emerging Players in the US paperboard packaging Market

·         Porter’s five forces model of the US paperboard packaging Market

·         US paperboard packaging Market Future Outlook and Projections

·         Analyst Recommendation

·         Macro Economic Variables Impacting the US paperboard packaging Market

Key Product Mentioned in the Report

-          Corrugated Boxes

-          Folding Cartons

-          Paper bags

-          Kraft Paper

-          Sack Paper

Companies Covered in the Report

-          Packaging corporation of America

-          International paper

-          Graphic packaging

-          West rock

-          Grief Industrial packaging

-           Kap stone paper & Packaging Corporation and others.

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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Cervical Cancer Diagnostic Tests - Medical Devices Pipeline Assessment, 2016 : Ken Research

Seizures are symptoms of a brain problem. They happen due to sudden, abnormal electrical activity in the brain. Symptoms include dizziness, changes in vision, feeling sick to stomach, anxiousness and uncontrollable muscle spasms. Causes of seizures include alcohol withdrawal, choking, drug abuse, electric shock, epilepsy, fever, head trauma, low blood glucose levels and stroke

Therapeutics Development
Pipeline Products for Seizures – Overview

Seizures pipeline therapeutics constitutes close to 54 molecules. Out of which approximately 48 molecules are developed by Companies and remaining by the Universities/Institutes. The molecules developed by Companies in Pre-Registration, Phase III, Phase II, Phase I, IND/CTA Filed, Preclinical, Discovery and Unknown stages are 7, 9, 5, 7, 1, 13, 3 and 3 respectively. Similarly, the Universities portfolio in Preclinical stages comprises 6 molecules, respectively.
Cervical Cancer Diagnostic Tests - Medical Devices Pipeline Assessment, 2016
Single user price: $4,000
Cervical Cancer Diagnostic Tests Overview
Cervical Cancer Diagnostic Tests are used for detection of cancer based on the detection and measurement of cancer-specific biomarker/antibody/antigen present in patient’s sample.
Cervical Cancer Diagnostic Tests - Pipeline Products by Stage of Development

Cervical Cancer Diagnostic Tests - Pipeline Products by Stage of Development
Stage Of Development	Number of Products
Early development	9
Clinical	11
In Approval Process	2
Inactive	15
Source: Primary / Secondary Research, GlobalData
As of August, 2016

Spent Nuclear Fuel Dry Storage Casks, Update 2016 - Global Market Size, Market Volume, Market Share and Key Country Analysis to 2020
Single user price: $3,995
 Americas to Lead the Spent Nuclear Fuel Dry Storage Casks Market up to 2020
 
The American region generated the largest amount of demand for dry casks for spent nuclear fuel between 2010 and 2015. Demand is expected to further increase during the forecast period 2016 to 2020, as more reactors are expected to come online. In terms of value, the Americas were worth $602.5m (million) in 2015 and are expected to reach $1,016.7m by 2020. The second-largest amount of demand for dry casks was registered in Europe, and the market in this region is expected to register substantial growth during the forecast period. In terms of value, Europe was worth $216.4m in 2015 and is projected to reach $866.1m by 2020. Asia-Pacific has observed significant growth in its nuclear power-generating capacity since 2010. Therefore, the region has scope for the dry storage cask market in the forecast period as spent nuclear fuel dry store facilities are currently used by countries such as Japan, Republic of Korea and China, while other nations such as Thailand, Indonesia, Philippines, Myanmar and Malaysia have initial plans for nuclear power development.
H1 2016 Oil Tanker, LNG Carrier and LPG Tanker Outlook – Gener8, Teekay and Petredec Lead Global Tanker Build-out
Single user price: $1,500
Key Highlights: Global Tanker Industry

• Four new crude oil tankers were announced in H1 2016. Arab Maritime Petroleum Transport Company announced two, and Kyoei Tanker Company Limited and Tsakos Energy Navigation Ltd announced one each.
• Each of the crude oil tankers announced by Arab Maritime Petroleum Transport Company - AMPTC I and AMPTC II - has a DWT of 158,000 tonnes. AMPTC I is expected to start operations in 2017 while AMPTC II could start operations in 2018.
• Gener8 Maritime Inc., Maran Tankers Management Inc., and Tsakos Energy Navigation Ltd are the top three operators in the world in terms of planned oil tanker DWT. The three operators have planned DWT of 3,319,000, 2,212,900 and 1,619,300 tonnes respectively.
• SK Shipping Co., Ltd. and Maran Gas Maritime Inc. each announced two new planned LNG carriers in H1 2016.
• SK Shipping Co., Ltd. announced LNG carriers Skes 5 and Skes 6. Each of the carriers has storage capacity of 180,000 m3. Maran Gas Maritime Inc. announced Maran Gas I and Maran Gas II, with each of the carriers having a storage capacity of 173,400 m3.

DWT by Operators for Planned Crude Oil Tankers Announced in H1 2016
Operator	Total DWT (tonnes)
Arab Maritime Petroleum Transport Company	316,000
Kyoei Tanker Company Limited	311,000
Tsakos Energy Navigation Ltd	300,000
Source: GlobalData, Tankers Database [Accessed on June 14, 2016]

Global LDPE Capacity and Capital Expenditure Outlook - US and India to drive LDPE Industry Expansion
Single user price: $1,500
 Key Highlights: Global LDPE Industry

• Global Low Density Polyethylene (LDPE) capacity is poised to see considerable growth over the next five years, increasing capacity from 26.2 mtpa in 2015 to 34.2 mtpa in 2020. Around 27 planned projects are slated to come online in the next five years, driven primarily by the US and India.
• North America has 7 planned LDPE projects, out of which 6 are in the US adding capacity of 2.3 mtpa by 2020. The US capital expenditure will be US$4.34 billion over the next five years. The top two companies accounting for major capacity additions are Badlands NGLs, LLC and Sasol Limited.
• In Asia, major LDPE capacity additions are in India, adding capacity of about 1.2 mtpa with capex of around US$0.55 billion over the next five years. Hindustan Petroleum Corporation Limited and Reliance Industries Limited are the top two companies accounting for major capacity additions in India.
• In Middle East, Iran has 3 planned LDPE projects adding capacity of about 0.9 mtpa by 2018. Iran’s capital expenditure will be US$0.65 billion over the next five years.
• In Europe, major LDPE capacity additions are in Russia, where capacity of about 0.4 mtpa is planned by 2017, with US$0.14 billion in capital expenditure over the next five years.
• In South America, major capacity additions are in Venezuela, adding capacity of about 0.6 mtpa by 2017. Venezuela’s capital expenditure will be US$0.14 billion over the next five years.

Innovation Trends and Opportunities in Suncare; Exploring the key consumer behavior and innovation trends impacting suncare
Single user price: $1,495
Concerns over sun damage are highest in regions with warmer climes



Sun damage is of significant concern to today’s consumers
On a global level, just under one third of consumers say that they are concerned about sun damage. If this is broken down regionally, the highest levels of concern are seen in the Middle East and Africa, followed by Latin America, and Asia Pacific. This is unsurprising given that the climate of these regions makes the need for effective sun protection much higher. In contrast, regions with cooler climes, such as Europe, have the lowest levels of concern globally. Despite this, high awareness of the impact of sun damage on the skin, particularly in today’s informed society, is creating a favorable environment for this category.
Sunburn features slightly lower levels of concern on a global level which can be attributed to this issue often being associated with specific occasions, such as being on the holiday. On a regional scale this attitude is replicated with one exception being Latin America where concerns over sunburn are slightly higher than that of sun damage.
IT Services Global Industry Guide_2016
Single user price: $1,495
Global IT Services: Market Overview
The global IT services market is made up of a mixture of booming markets such as China and India and markets with low growth or stagnation such as Japan and Spain. Stable moderate growth has been the overall trend in recent years and the market is expected to slowly accelerate into strong growth over the forecast period to 2020.
The industry is fragmented despite the presence of large, international incumbents (e.g. IBM, HP, Fujitsu and Accenture). These larger players drive the widespread adoption of more advanced service offerings. The export-led nature of many IT services in developing countries has allowed skilled workforces to build up and given firms the opportunity to begin to place more focus on domestic markets.
The global IT services industry had total revenues of $724.9bn in 2015, representing a compound annual growth rate (CAGR) of 3.2% between 2011 and 2015. In comparison, the Asia-Pacific and US industries grew with CAGRs of 4.1% and 3.1% respectively, over the same period, to reach respective values of $199.9bn and $257.6bn in 2015.
The application services segment was the industry's most lucrative in 2015, with total revenues of $321.0bn, equivalent to 44.3% of the industry's overall value. The infrastructure services segment contributed revenues of $261.8bn in 2015, equating to 36.1% of the industry's aggregate value.
Cloud computing systems are expected to achieve dynamic growth over the next few years as buyers expand the use of data centers and advanced analytics in order to manage the vast amounts of data being produced in the connected world. The positive impact of this transition on the IT services market could be balanced by a decline in outsourcing & processing services as many more tasks become automated through the use of artificial intelligence-based algorithms.
The performance of the industry is forecast to accelerate, with an anticipated CAGR of 4.9% for the five-year period 2015 - 2020, which is expected to drive the industry to a value of $922.4bn by the end of 2020. Comparatively, the Asia-Pacific and US industries will grow with CAGRs of 6.5% and 3.5% respectively, over the same period, to reach respective values of $274.4bn and $306.6bn in 2020.
Future of the Indonesian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2021
Single user price: $1,250
The Indonesian defense market, which values US$6.97 billion in 2016, is expected to grow at a CAGR of 11.13% during the forecast period, to value US$11.94 billion by 2021. The economy has been growing at an average rate of 7.9% over the forecast period, and this has fuelled defense expenditure in the country. Furthermore, the growth in defense spending is also driven by the need to modernize the Indonesian Armed Forces under the Strategic Plan 2024. With most of its military equipment and platforms belonging to the Soviet-era, the Ministry of Defence (MoD) is currently investing to replace aging hardware and upgrade existing equipment. Furthermore, Indonesia is focusing on developing its indigenous military industrial base in order to reduce its dependency on foreign suppliers. Moreover, with increasing tensions in the South China Sea and territorial disputes with South-Asian nations, Indonesia is investing in protecting its coasts and deploying forces on the Natuna Islands. Asan archipelago in Southeast Asia, which consists of 17,000 islands, the country is prone to natural disasters and is enhancing its military readiness for disaster relief operations and humanitarian assistance. The country’s defense budget is expected to be capped at an average of 0.89% of GDP over the forecast period.
The Indonesian MoD is expected to increase its capital expenditure from US$2 billion in 2016 to US$3.3 billion in 2021, in an effort to modernize its armed forces and support existing projects. Various procurements, which have led to an increase in the capital budget allocation, include the Sukhoi Su-30MK2s aircraft, Su-27 SKM, and Su-35 fighters, AS565 Panther anti-submarine warfare (ASW) helicopters, hang Bogo-class tactical submarines, two landing ship tanks (LSTs), AH-64 Apache Longbow gunship helicopters, and German Leopard tanks. Over the forecast period, the country is expected to invest in infrastructure construction, multi-role aircraft, naval vessels such as submarines and frigates, cyber security, border security, unmanned aerial vehicles, radar systems, and computer network defense capabilities, which will drive the growth in its capital expenditure.
Verdict Financial'snewly released four insight reports
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Super League In-Depth Analysis: Bank of America 2016
Bank of America operates in wealth management through two businesses: Merrill Lynch and US Trust. In addition, Bank of America operates an online investing platform, Merrill Edge. Together, Bank of America's brands cater for the entire wealth spectrum, from retail investors to ultra-high net worth individuals. US Trust and Merrill Edge serve US-based customers while Merrill Lynch offers wealth management internationally - focusing mainly on serving clients in Latin America.
Super League In-Depth Analysis: Credit Suisse 2016
Credit Suisse announced a new strategy in October 2015 that puts emphasis on wealth management while resizing and refocusing the investment bank to support wealth management operations. Following the update, three of Credit Suisse's five business divisions now operate in private banking: Asia Pacific, International Wealth Management, and Swiss Universal Bank. It targets growth in private banking markets in Asia, Eastern Europe, the Middle East, Latin America, and Africa.
Super League In-Depth Analysis: HSBC Private Bank 2016
HSBC Private Bank is a brand used by HSBC's Global Private Banking division, which caters for customers with at least $5m in investable assets. The bank has been reviewing its strategy and consequently significantly reducing its international foothold, in 2016 closing private banking offices in markets including Brazil and Turkey. The HSBC brand has suffered from tax evasion investigations in a number of countries, and the bank's name was also widely mentioned in relation to the so-called Panama Papers scandal. The bank highlights that it has run business and processes reviews in its worldwide locations and is implementing procedures to improve compliance with regulations.
Super League In-Depth Analysis: Julius Baer 2016
Julius Baer is a Swiss financial services provider that offers clients a range of wealth management services. Led by CEO Boris F J Collardi, Julius Baer does not specialize in a particular demographic segment beyond HNW; rather, the company's customer targeting strategy aims to create a global footprint. Julius Baer carries out its global expansion by pursuing a merger and acquisition (MandA) strategy: it has entered markets around the world as part of its plan to continuously invest in existing businesses and adapt to shifts in the investment behavior of clients.
For more coverage click on the link below:  https://www.kenresearch.com/healthcare/diagnostics/cervical-cancer-diagnostic-tests-medical-devices/45966-91.html
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Government Subsidies to Further Boost Power Tiller Demand in India: Ken Research

A major portion of the demand for Power tillers in India come from Southern and Eastern part of the country which signifies the trend of large amount of Paddy crop cultivation. With the power capacity of 5.5HP to 13 HP the average cost of the power tillers in India is recorded at INR 95,000. For small farmers who are not capable of buying tillers for such high cost, they look for the option of custom hiring where the machines are available for hiring at certain cost for a certain period.  Custom hiring is a viable option for farmers however in recent past with Government initiatives to support farming by allowing subsidy in agriculture equipments, sales for farming equipments have witnessed a rise.

In 2012, Tamil Nadu state government decided to provide subsidy to the farmers to purchase Agriculture Equipments which was ranging from 25-25% supported by under the National Agricultural Development Programme (NADP). The subsidy was mainly allotted for harvesting machines, weeding machines, power sprayers, threshing equipment, mini-tractors, power tillers and small farm equipment. This has further helped tiller manufacturers to gain market share and forecast market growth by 15% in 2017.

The government subsidies further supported the market growth of power tillers which differ as per the scheme launched by the state government.  The north-eastern state of Assam also announced allocation of 20 power tillers on a 75% discount to each assembly constituency during its annual budget for the year FY’2010. Orissa is considered to be the largest power tiller market in the country and account for one fourth of the power tillers sold in India.

Due to low cost, Chinese power tillers have gained popularity and expected to showcase positive growth trend in Indian agriculture equipment market forecast.

Rising Influence of e-commerce on Retail Sector of Thailand: Ken Research

  During 2009-2014, online retail sales expanded at a CAGR of 21% increasing much faster than the growth   of store-based retailing

·         Apart from metropolitan Bangkok, the Thai retail landscape is seeing a powerful consumer market emerging from the upcountry provinces

·         There are many retailers who have launched their own mobile applications either for marketing purposes, promoting products or directly communicating with consumers

Ken Research announced latest report on, “The Future of Retailing in Thailand to 2020; Comprehensive data overview of the market, with retail sales value and forecasts to 2020” which discusses detailed analysis of retail sector and the leading players. It also provides information about the Thailand retail sector value chain. The report sheds light on how the existing players can use this information to gain the competitive edge in the market. Additionally, major trends and drivers have also been covered, describing the market penetration and future potential of the industry. The report enables the reader to interpret future outlook on how the market will shape up by the end of this decade.

Its retail market has developed quickly to match with the changing lifestyles of consumers which are increasingly influenced by the internet. There has been a wider use of credit and debit cards facilitating online payments due to which, the number of credit and debit cards in circulation increased by about 22 million to 67 million in 2014. There is a need for the government to implement the short- and long-term measures because mid-to-low-income consumers who rely on agricultural income still have low purchasing power and they need stimulus from the government through Village Funds. This shuts the sale of non-durable goods which has seen virtually no growth. According to TRA, average growth was 8 per cent annually from 2002-2012 and during 2012-2014; sales contracted 3 per cent a year and continued to shrink. According to the statistics, the government focuses more on infrastructure and exports than on economic and consumption stimulus. The government regulations are stringent like foreign investor in the retail or wholesale sector is required to obtain a Foreign Business License from the Director General of the Commercial Registration Department of the Ministry of Commerce, and gain approval from the Foreign Business Committee.

The major contributors of growth in retail industry of Thailand are surging government expenditure and investment, low crude oil price and inflation increasing purchasing power and growth in the tourism sector. Specialist retailers were the gigantic channel group of total retail sales in 2015 and will continue to command the market in 2020. During 2015-2020, online channel is set to grow swiftly while food and drinks specialists channel is set to be the largest in terms of retail sales. The Food and Grocery segment recorded the majority share of overall retail sales, followed by apparel, accessories and leather goods.

Key Topics Covered in the Report

·         Detailed analysis of Thailand retail industry

·         Value and volume analysis for Thailand retail industry

·         Historic and Forecast value analysis by category

·         Key issues in the market

·         Consumer trend framework

·         Analysis of mega-trends

To know more on coverage, click on the following link

https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/future-retailing-thailand/40165-95.html

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Contact:

Ken Research

Ankur Gupta, Head Marketing & Communications

query@kenresearch.com

+91-124-4230204