Thursday, November 24, 2016

Rise in Demand for Smart Appliances and Increased Replacement of Old Appliances will be Major Growth Driver for Demand of Large Appliances in China: Ken Research

  • Customer willingness to pay premium for quality products will help the domestic players to focus on developing quality products which can be sold at higher prices thus increasing the operating margin.
  • Demand for replacement of old machine will continue to be the dominant reason for driving the sales of large appliances.
Ken Research announced its latest publication on “China Large Appliances Market Outlook to 2020- Rising Preference for Smart Technology Appliances and Replacement Demand to Drive Market” provides a comprehensive analysis of large appliances market in China. The report focuses on overall market size for sale of large appliances. These include revenue from domestic sale in television, washing machine, air conditioner and refrigerator. Market was also estimated based on volume sales in each category. Market is segmented based on product type and sub segmented based on their essential features and price range. Segmentation is also done on the basis of distribution channel. The report also covers the snapshot of logistics, competitive landscape of major players in China large appliances market, export and import scenario and product detail of bestselling models in different category. The report concludes with market projection for future and analyst recommendation highlighting the major opportunities and cautions.
china-large-appliances-market
Subsidy program launched in 2009 to promote sale of large appliances in rural areas of China have created a significant growth towards the penetration of large appliances. This has also supported the growth in replacement potential for home appliances in China.  Incentive was proposed for destocking the property market in 2016 at China’s Central Economic Work Conference held in 2015. This is expected to boost the sales for large appliances in China market in the near future. The whole economy of China is going into new growth stage and structural adjustment period. High market inventory and weak demand challenges the growth of large appliances market in China.
Factors like changes in technological preferences in large appliances and resident income improvement will lead to growing demand for high end oriented product.  New businesses are expected to develop due to rapid development of smart homes and increase in the maturity of relevant industry chain bringing new growth stage for industry. By 2020 it is expected that market share of intelligent and smart washing machine will grow to 45.0% in 2020, air conditioner will grow to 55.0% and refrigerator will grow to 38.0%
According to Research Analyst, Existing companies have an advantage over new companies in terms of brand loyalty and established reputation in the market and they should cash in on this situation by conducting the required R&D and launching products which can compete with the imported goods and with the products of the new entrants in the market
Key Topics Covered in the Report
Executive Summary
Research Methodology
China Large Appliances Market Genesis & Current Outlook
Logistics Handling for Large Appliances in China
Best Selling Products for Large Appliances Market in China
Haier Sales in China
Trends and Developments in China Large Appliances Market
Future AC Sales China
China Refrigerator Industry Size
China Washing Machine Market
Television Industry in China
China Air Conditioner Market
Air Conditioner Sales in China
China Television Market
China Refrigerator Market
Export and Import Scenario of Large Appliances in China
Snapshot of Online Sales for Large Appliances Market
China Air Conditioner Sales Volume
Air Conditioner Future Growth China
Competition Scenario in China Large Appliances Market
Competitive Landscape of Major Players in China Large Appliances Market
China Large Appliances Future Outlook and Projections, 2016-2020
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Key Products in the Report
Television (Less Than 32 Inches, 32-35 inches, 46-59 inches, Greater than or Equal to 60 Inches; )
Washing Machine (Pulsator, Roller, Double Cylinder, Single Cylinder, Top Loading, Front Loading, Automatic Washing Machines, Semi Automatic/ Manual Washing Machines)
Refrigerator (Double Door, Single Door, Three Door, Multi Door and Bi-Fold)
Air Conditioner (Frequency Fixed, Frequency Conversion)          
Key Market Players in the Report
Hisense Kelon Electrical Holding Company
Haier
Gree Electric Appliances
Midea
Skyworth
TCL Multi Media Technology Holding Limited
For more information about the publication, refer to below link:
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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Wednesday, November 23, 2016

Innovation Coupled with Acquisitions by Dairy Product Manufacturers is expected to Drive Dairy Products Market in South Africa: Ken Research

The report titled “South Africa Dairy Products Market Outlook to 2020 - Innovation Coupled with Acquisitions by Dairy Product Manufacturers is Likely to Drive Market” provides a comprehensive analysis of the dairy product market in South Africa and includes the market share contributed by the sales of different dairy products including processed milk, yoghurt, cheese, ice cream, butter, flavored milk and milk powder. The report will help readers to identify the ongoing trends in the market and anticipated growth in future depending upon changing market dynamics in coming years. The report will aid existing dairy product market players, wholesalers, dairy co-operatives, and the new entrants to align their market centric strategies according to ongoing and expected trends in the future.
South Africa market has showcased decline in the historical period owing to the falling per capita consumption rate. To sustain in the declining market, players operating in the South Africa dairy product industry have focused their attention towards innovation and new product development. The market players have launched various new flavors of yoghurt and ice cream, UHT and long life milk and dairy products with high nutritious value to attract more number of consumers. The major example of such innovative product launch was noted down by Fairview Wine and Cheese. The company launched natural yoghurt for health cautious people residing in the country.
south-africa-dairy-product-market
The market players are also observed to focus on mergers and acquisitions to expand their market share in the market. The major instance for such acquisitions could be listed as R&R ice cream merger with Nestle South Africa ice cream in March, 2015. These acquisitions and mergers are expected to consolidate the market during the forecast period with less number of organized players operating in the market.
In 2015, on the basis of products, processed milk market has been reported as the highest contributor to the overall dairy product market of South Africa. Favorable weather conditions in coastal regions of the nation and accessibility to high quality natural and artificial pasture coupled with adaption of latest hygiene milking techniques by the local dairy farmers is assisting farmers to produce large quantity of milk in the country. Moreover, modernized techniques have also reduced the wastage and contamination risk during milking process at dairy farms, which has resulted South Africa to record increased milk production in the last 3 years. Increased milk production has helped milk processors in nation to lower per unit price of processed milk which motivated the lower income group people in the nation to easily afford processed milk in their regular diet, hence advocating the reason for high share of segment in the market.
Key Topics Covered in the Report:
  • South Africa Milk Prices
  • South Africa Yoghurt Sales
  • South Africa Dairy Market Players
  • South Africa Dairy Product Market
  • South Africa Flavoured Milk Demand
  • South Africa Dairy Market
  • Dairy Demand in South Africa
  • Milk Consumption in South Africa
  • Milk Powder Sales in South Africa
  • South Africa UHT Milk Market
  • South Africa Export Milk Power
For more information about the publication, refer to below link:
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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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High Demand for Flavor Milk and Ice Cream in Uganda is Projected to Spur the Dairy Market: Ken Research

  • Future growth of Uganda dairy product market is expected to grow with the mounting demand for flavor milk, ice cream, and butter.
  • Investment by global giants into the country owing to availability of cheap labor is acting as major driver for the market
  • Processed milk was the major revenue contributor in Uganda dairy product market in 2015 owing to the rising consumption of product to fight with problem of malnutrition among children
Ken Research announced latest market research report on “Uganda Dairy Products Market Outlook to 2020 – High Demand for Flavor Milk and Ice Cream in Uganda is Projected to Spur the Dairy Market” provides a comprehensive analysis of the dairy product market in Uganda. The report includes the market share contributed by the sales of different dairy products including processed milk, yoghurt, cheese, ice cream, butter, flavored milk and milk powder in Uganda. The study also enlists the key market indicators which include consumption per capita, total consumption and production, average per unit and price, and import and export data by value and by quantity. Trends and developments and regulatory framework are also added in the study for clear understanding about the factors responsible for present scenario of the market. The future analysis of overall Uganda dairy product market has also been discussed along with recommendations from analyst view.
uganda-dairy-market
The flavored milk market segment has shown a significant growth during the period due to the increasing product variety offering by the manufacturers and strong retail distribution of flavored milk in the country. Presence of large number of small and large players in the market which majorly include Sameer Agriculture and Livestock, Charms Uganda, and Jesa Farm coupled with the diverse product portfolio of these companies offering large number of flavors is the major reason which has resulted in high growth of the segment in Uganda. The retail sale volume has doubled during the period resulting which the increased per capita consumption of flavored milk in the last 3 years. The rising demand of flavored milk in nation has encouraged the manufacturers to increase the average per unit price from 2,000 Uganda shelling in 2013 to 3,000 Uganda shelling in 2015 resulting which flavor milk market has grown at a rapid pace during the historical period. Similar trend had also been observed for ice cream and butter market. Increasing product variety in the market coupled with the availability in affordable small packing are the major aspects which are helping these segments in achieving high growth.
 “In order to penetrate into the Uganda dairy product market, the market players are recommended to use proper hygiene and sterilized production practices in order to earn the trust of the domestic customers in Uganda. The packaging mix should be provided to customers in affordable cost to meet the demands of people of economically sensitive country.” according to Research Analyst, Ken Research.
Key Topics Covered in the Report:
  • The market size of Uganda Dairy Product Market by Revenues
  • Market Segmentation of Uganda Dairy Product Market Segmentation By Products – Processed Milk, Yoghurt, Cheese, Butter, Ice Cream, Flavored Milk, and Milk Powder
  • Per Capita Consumption, Prices, Production, Sales, Demand, Import and Export Volume of Dairy Products
  • Trends and Developments in Uganda Dairy Product Market
  • Regulatory Landscape of Uganda Dairy Product Market
  • Competitive Landscape and Detailed Company Profiles of the Major Market Players
  • Future Outlook and Projections of Uganda Dairy Product Market
  • Analyst Recommendations
  • Macro-Economic Factors Impacting the Uganda Dairy Product Market
  • Uganda Dairy Market
  • Uganda Yoghurt Sales
  • Dairy Demand in Uganda
  • Uganda Yoghurt Demand
  • Uganda Dairy Industry Size
  • Uganda Dairy Future Outlook
  • Milk Powder Sales in Uganda
  • Uganda Dairy Products Market
  • Uganda Flavoured Milk Demand
  • Production Milk Powder in Uganda
  • Market Share Processed Milk Uganda
  • Uganda Yoghurt Market Developments
  • Ice Cream Production Facility in Uganda
  • Competition in Ice Cream Industry Uganda
Key Products Mentioned in the Report
Processed Milk, Yoghurt, Cheese, Butter, Ice Cream, Milk Powder, Flavored Milk
Key Market Players Covered in the Report:
Brookside Dairy, Eldoville Dairies, Glacier Product Ltd, Paramount Diaries, Unilever, Jesa Farm, Pearl Diary
For more information about the publication, refer to this link:
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Contact Us:Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Tuesday, November 22, 2016

High Demand for Ice Cream and Yoghurt in Nigeria among Youths is Projected to Augment Nigeria Dairy Product Market: Ken Research

  • Nigeria has a presence of both global giants like Clover, and Danone and local players such as CHI Ltd, making easy availability of dairy products across the country.
  • Milk Powder was the major revenue contributor in Nigeria dairy product market in 2015 owing to the long time imperishable nature of the product to fight against long power cuts.
Ken Research announced its latest publication on “Nigeria Dairy Products Market Outlook to 2020 – Launch of Innovative Dairy Products in Nigeria to Boost Dairy Products Market” provides a comprehensive analysis of the dairy product market in Nigeria. The report includes the market share contributed by the sales of different dairy products including processed milk, yoghurt, cheese, ice cream, butter, flavored milk and milk powder. The study also enlists the key market indicators which include consumption per capita, total consumption and production, average per unit and price, and import and export data by value and by quantity. Trends and developments and regulatory framework are also added in the study for clear understanding about the factors responsible for present scenario of the market. The future analysis of overall Nigeria dairy product market has also been discussed along with recommendations from analyst view.
nigeria-dairy-market
Presence of large proportion of youths and children in the nation and ice cream being favorite food of this age population is the major factor responsible for high demand of ice cream in the nation. It has been observed that about half of the population of Nigeria is made of youth in 2014 defined as individual of age 15 to 34 years of age. The statistics coupled with fact of the fondness among this age clearly advocates the reason behind growth of ice cream market in Nigeria. Moreover, high investment by major market players in the country had also supported the growth of ice cream in the nation. For instance, UAC Foods invested more than USD 6.0 million over its ice cream production facility in between 2010 to 2015, which resulted in easy availability of different flavors in the market. However, high prevalence of diabetes in the nation restrains the ice cream market in Nigeria as sugar content present in ice cream is considered very high for diabetic people.
“Milk consumption is low in Nigeria due to which consumption per capita of various other dairy products is also low. In order to strengthen the position in the Nigeria dairy product market, the established players are recommended to increase consumption rate by promoting their various dairy products at school, colleges and other public places in the region and via other marketing activities such as advertisements, discounts, promotional sales and CSR campaigns.” according to Research Analyst, Ken Research.
Key Topics Covered in the Report:
  • The market size of Nigeria Dairy Product Market by Revenues
  • Market Segmentation of Nigeria Dairy Product Market Segmentation by Products – Processed Milk, Yoghurt, Cheese, Butter, Ice Cream, Flavored Milk, and Milk Powder
  • Per Capita Consumption, Prices, Production, Sales, Demand, Import and Export Volume of Dairy Products
  • Trends and Developments in Nigeria Dairy Product Market
  • Regulatory Landscape of Nigeria Dairy Product Market
  • Competitive Landscape and Detailed Company Profiles of the Major Market Players
  • Future Outlook and Projections of Nigeria Dairy Product Market
  • Analyst Recommendations
  • Macro-Economic Factors Impacting the Nigeria Dairy Product Market
  • Nigeria Dairy Market
  • Yoghurt Sales Nigeria
  • Dairy Demand in Nigeria
  • Nigeria Export Milk Power
  • Milk Powder Sales in Nigeria
  • Milk Consumption in Nigeria
  • Nigeria Butter Consumption
  • Nigeria Flavoured Milk Demand
  • Production Milk Powder in Nigeria
  • Nigeria Spoon Able Yoghurt Industry
  • Export Volumes Dairy Products Nigeria
  • Nigeria Milk Market Development Trends
  • Nigeria Milk Powder Companies Market Share
Key Products Mentioned in the Report
Processed Milk, Yoghurt, Cheese, Butter, Ice Cream, Milk Powder, Flavored Milk
Key Market Players Covered in the Report:
Chi Ltd, Clover Industries Limited, Danone SA (Pty) Ltd, Brookside Dairies Ltd, Friesland Campine Wamco, Fan Milk, Peak Milk, and Bobo Food and Beverages, PZ Cuzzons, UAC Foods, Fan Milk, Provita Vitaforce Limited, Viju Industries
For more information about the publication, refer to below link:
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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
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New Product Launches in Cheese, UHT Milk and Ice Cream in Kenya to Drive Dairy Products Market: Ken Research

Innovation in dairy products, new product launches by the global giants in Kenya dairy product market, acquisitions of small players by the global players, and marketing initiatives by established dairy product manufacturers are the major factors which are driving the dairy product market in Kenya.
Dairy product market in Kenya is under growing phase which attracts large number of global giants to the country to invest into the markets of Kenya. Various market players have invested and launched innovative dairy product in Kenya in the form of UHT milk, processed cheese and its forms, fat free butter, yoghurt with high nutritional content, and ice creams in different flavors. These product launches have resulted in increased awareness among the people about the available dairy product options available in the market, which consequently benefit the market as people tend to spend on these products. Additionally, market players strongly promote their product by providing free samples and offers on products, which further augments the dairy product market.
The major example of such innovative product launched in Kenya includes Sameer Agriculture and Livestock launch of cow milk ice cream. The product was specially launched for health cautious people as product specifies the absence of artificial chemicals.


In 2015, on the basis of products, processed milk dominated the overall dairy product market in 2015. Easy availability of processed milk through large number of unorganized players operating in the market is the major factor contributing towards high demand for processed milk in the nation. Yoghurt captured second position in the market majorly due to increasing trend among the people in nation to consume more amount of yoghurt due to its nutritious value and as an effect of the government initiatives to increase health awareness among the overweight and obese population of Kenya.
The report titled “Kenya Dairy Products Market Outlook to 2020 – New Product Launches in Kenya to Drive Dairy Product Market” provides a comprehensive analysis of the dairy product market in Kenya. The report includes the market share contributed by the sales of different dairy products including processed milk, yoghurt, cheese, ice cream, butter, flavored milk and milk powder. The stakeholders of this report includes the dairy product market players, wholesalers, group purchasing organizations, companies involved in research and development activities, and the new entrants who wish to invest in dairy product market in future.
Topics Covers in the Report  
  • Kenya Butter Consumption
  • Cheese per capita consumption Kenya
  • Kenya demand milk powder
  • Ice Cream sales in Kenya
  • Ice Cream supply in Kenya
  • Competition Ice Cream Brands Kenya
  • Kenya Ice Cream Market Trends
  • New Product Launch Yoghurt Market
  • Yoghurt Sales Kenya
  • Yoghurt Market Size Kenya
  • Challenges Dairy Market Kenya
  • Kenya Dairy Farms Industry
  • Kenya Dairy Market
  • Competition Dairy Products Kenya
  • Market Share Kenya Butter
  • Milk Powder Market Growth Kenya
  • Cheese Production in Kenya
  • Company Profiles Dairy Players Kenya
  • Recent Trends Developments Kenya Dairy
  • Future Dairy Kenya Outlook
  • Market Entry Kenya Dairy
  • Dairy Farms Cooperatives Kenya
  • Milk Prices Kenya
  • Processed Milk Demand in Kenya
For more information about the publication, refer to below link:
https://www.kenresearch.com/food-beverage-and-tobacco/dairy-products/kenya-dairy-products-market/60304-11.html
Related Reports:
Africa Dairy Products Market Outlook to 2020 - Inclining Demand for Yoghurt and Ice Cream across Africa to Boost Dairy Product Market
India Dairy Products Industry Outlook to 2019 - Dominating Branded Players and Rising Milk Availability to Foster Growth
Denmark Dairy Products Market Outlook to 2018 - Driven by Consumer Preferences and Innovations in the Industry
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Location: Kenya

Luxury Brands in Digital Space to Boost Retail Industry in America: Ken Research

  • The US is the largest luxury merchandise retail market in the Americas
  • Internet based retailing witness the fastest growth.
Ken Research announced its most recent publication titled “Luxury Goods Retailing in the Americas 2015-2020; Market dynamics, trends and competitive landscape,” offers insights on the market dynamics, current trends and the competitive landscape of the current and forecast market data for luxury goods retail sales in various product categories across the America. The report incorporates a shrewd analysis on market insights in light of consumer and retailer drifts and changing financial and other macroeconomic factors, for example, tourist flows and currency vacillations. In addition, it has the comprehensive knowledge on the market share of the ten fastest growing luxury merchandise retailers in the region and their five year deals and trading redesign analysis, store count investigation, recent key events and outlook. Ultra-high net worth individual (UHNWI) analysis and inbound tourists analysis in selected countries is undertaken. This report Covers nine countries in the America-Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, US and Venezuela which further includes 12 categories, including clothing, consumer electro- nics, footwear, jewellery, watches and accessories, luggage and leather goods, personal care, communication equipment, stationery, tobacco, and others.
retail-industry-in-america
Luxury brands in the US stays diverse and aggressive, with both regional and worldwide players present. Worldwide players LVMH Moet Hennessy Louis Vuitton SA, Richemont SA and Kering SA kept up their driving positions, on account of their broad image portfolios, which canvassed most categories in luxury brands. In addition to worldwide players, local affordable luxury brands, such as Ralph Lauren, Michael Kors, Coach, Kate Spade and Tory Burch likewise kept on driving sales in the competitive landscape of US extravagance products. While they are the most desired brands among regional luxury customers, these also pulled in numerous luxury foreign visitors.
The existence of web based retailing and marketing turned out to be critical. Luxury brands and retailers are progressively putting resources into online business to pull in tech-savvy buyers and capture more sales. As luxury brands have a tendency to have less retail outlets than mass brands, web based retailing helps luxury brands to reach both new and existing clients who can't visit physical stores. With the developing penetration of cell phones, m-commerce is likewise turning into a key distribution channel despite the fact that its retail shares stayed little in luxury brands.
It is evaluated that Chinese travellers spent as much as US$117 billion on individual luxury merchandise in 2015, representing 33% of all purchases universally. Of this US$117 billion the only us represented 78% of aggregate abroad utilization by Chinese buyers. High import assesses inside China were a major motivator – a similar luxury handbag can cost a third more in Beijing than in Paris.
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Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204            
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Monday, November 21, 2016

Inclining Demand for Yoghurt and Ice Cream across Africa to Boost Dairy Product Market: Ken Research

  • Future growth of Africa dairy product market is expected to grow with the growing demand for yoghurt and ice cream in Africa
  • Companies such as R&R Ice Cream, Clover SA (Pty.) Ltd. and Real Beverages Company (Pty) Ltd. are strengthening their position in the market by focusing on acquisitions and businesses alliances
Ken Research announced its latest publication on “Africa Dairy Product Market Outlook to 2020 - Inclining Demand for Yoghurt and Ice Cream across Africa to Boost Dairy Product Market” provides a comprehensive analysis of the dairy product market in Africa. The report includes the market share contributed by the sales of different dairy products including processed milk, yoghurt, cheese, ice cream, butter, flavored milk and milk powder. Further, the market in the study is also differentiated by countries including Nigeria, Algeria, Kenya, Sudan, South Africa, Tanzania, Uganda, Ethiopia, and other African nations. Various factors such as issues and challenges, trends and developments and Porter’s five forces analysis are also added in the study for clear understanding about the factors responsible for present scenario of the market. The future analysis of overall Africa dairy product market has also been discussed along with recommendations from analyst view.
africa-dairy-products
Low content of the yoghurt is one of the major factors which have led to the high consumption of yoghurt as desert in the continent. Additionally, initiatives by market players to provide yoghurt in different flavors and in consumable form as per the choices of the consumers have further increased the demand for product in the Africa market. Vanilla among many flavors is the most demanded flavor in yoghurt due to its nutritious value. Mix flavor is the moving trend in the yoghurt market in Africa and people in Africa have just started liking yoghurt which comes in mixed flavors particularly vanilla and strawberry flavors. Similarly, ice cream is observed to gain high demand in the historical period and is expected to grow at a fastest CAGR during the forecast period. The use of ice cream as substitute of desert, affordable cost and high fondness for product among youths and children are the major factors responsible for growing demand for ice cream in Africa, hence driving the market.
“In order to penetrate into the Africa dairy product market, the market players could launch innovative dairy product with different flavors and high nutrition value. Launch of pro and pre-biotic yoghurt in Algeria could help the market players in gaining more market share in the country” according to Research Analyst, Ken Research.
Key Topics Covered in the Report:
  • The market size of Africa Dairy Product Market
  • Market Segmentation of Africa Dairy Product Market By Products – Processed Milk, Yoghurt, Cheese, Butter, Ice Cream, Flavored Milk, and Milk Powder and By Countries – Sudan, Algeria, Kenya, South Africa, Ethiopia, Nigeria, Tanzania, and Uganda
  • Snapshot on Sudan, South Africa, Algeria, Ethiopia, Kenya, Nigeria, Tanzania and Uganda Dairy Product Market
  • Dairy Farms in Africa
  • Africa Dairy Market Share
  • Africa Dairy Market Player
  • Dairy Companies in Africa
  • Sudan Dairy Farms Market
  • Tanzania Processed Milk Market
  • Major Companies in Africa Dairy
  • New Market Entrants Africa Dairy
  • Africa Dairy Sector Developments
  • South Africa Dairy Market Outlook
  • Africa Yoghurt Industry Competition
  • Africa Ice Cream Competition Players
  • Africa Cheese Market Company Profile
  • Porter’s Five Forces Analysis for Africa Dairy Product Market
  • Trends and Developments in Africa Dairy Product Market
  • Value Chain Analysis of Africa Dairy Product Market
  • Competitive Landscape and Detailed Company Profiles of the Major Market Players
  • Future Outlook and Projections of Africa Dairy Product Market
  • Analyst Recommendations
  • Macro-Economic Factors Impacting the Africa Dairy Product Market
Key Products Mentioned in the Report
Processed Milk, Yoghurt, Cheese, Butter, Ice Cream, Milk Powder, Flavored Milk
Key Market Players Covered in the Report:
Paramalat SA (Pty.) Ltd, Clover Industries Limited, Danone SA (Pty) Ltd, RCL Food, Premier Food Industries Ltd, Glacier Products Ltd, Eldoville Dairies Ltd, Brown’s Cheese, Raka Milk Processors Ltd, Nestle South Africa, R&R Ice Cream, Promasidor Nigeria Ltd, New Kenya Cooperative Creameries, Dairybelle (Pty) Ltd, Gero Yoghurt, Pearl Dairy, Planet Yoghurt, Chi Ltd, Unilever Ltd, Brookside Dairies Ltd, Paramount Diaries
For more information about the publication, refer to below link:
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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Increasing Capital Investments for Golf Course Development and Growing Number of Golfers Population to Foray Market Growth in India: Ken Research

Ken Research announced its latest publication on “India Golf Industry Outlook to 2020 - Growth in Golf Based Real Estate Projects and Golfers Population to Aid Market Growth” which provides a comprehensive analysis of Golf Industry in India. The report initially showcases the valuation of Golf economy in India through direct and indirect measures. The report provides detail insights on every cluster related to Golf Industry such as Golf Course Construction, Golf Course Real Estate Projects, Golf Course Related Equipments, Golf Course Maintenance Equipments, Golf Tourism and Golf Tournaments and Endorsements. The report provides future analysis and outlook for the overall sector and for each cluster as well. It also covers proposed recommendations for the government that has to be taken to support market growth in the near future. The report is useful for Golf Tourist Companies, Golf Maintenance and Equipment manufacturers, Golf Related Equipment suppliers, Golf Courses, Golf Real Estate Developers, Golf Course Construction Companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.  



Golf Course Development: Real Estate golf properties continue to be popular, but they are changing to smaller 9 holes or par 3 courses. This will help bring children and new golfers in as it makes the game seem much more accessible. In the future, the real estate developers will look forward to make golf as an integral part of the residential projects, which is anticipated to enhance the premium that can be realized from golf based real estate projects. The development of public golf courses and driving ranges in the near future will propel more investments in the future.
Golf Tournaments and Endorsements: The future for golf tournaments and endorsements portrays enormous potential in the coming years. Indian Golf Union, PGTI and WGAI are taking enough initiatives to organize more number of professional and amateur tournaments in India. Currently, the television viewership for golf in India is very limited. However, the joy of watching golf on television is likely to increase due to return of golf in Olympics and arrangement of few major professional golf tournaments which is anticipated to draw attention of television viewers in India.
Golf Equipments: Inclusion of golf in the 2016 Olympics is expected to have major impact on the golf equipment market in India as manufacturers will try to leverage the popularity of the event and conduct promotional sales. The event is also seen as a major ground for acquiring new customers by major retailers. Increasing per capita income coupled with growing middle class population in India will aid the market growth in the near future. Additionally, higher brand awareness and greater impetus to the gaming etiquette will lead golfers to purchase branded apparels and golfing accessories instead of putting on generic wearable. International golf apparel and footwear brands such as Callaway and TaylorMade are looking forward to capitalize on the lifestyle spell of the Indian consumers towards golf related accessories. Over the past few years, the golf equipment market has witnessed several fake golf goods particularly, golf clubs, which has hampered golf manufacturers’ growth and brand value among golfers in the Indian market. Majority of the fake products are imported from China and Japan. This trend is projected to be a major bottleneck for the equipment market. .”  according  to the Research Analyst Ken research.
Golf Tourism: Sports tourism is gaining interest in India, especially after the Commonwealth games being organized in India. Golf, in context with this is also gaining traction among foreign tourists since India encompasses with several golf courses of International standards. Golf as a sport is getting more serious after the inclusion of golf in Olympics. This will definitely revitalize the image of golf in India in the near future.
Golf Maintenance Equipments: The future for golf course maintenance equipments market in India poses a bright opportunity in terms of sales revenues. In the coming years, it is believed that the existing golf courses will always keep renewing their fleet for maintenance equipments. Usually the replacement period for maintenance equipments tends to be 4-5 years, which is anticipated to reduce to 3 years in the outlook period. Although, the replacement demand is not that large, but it certainly provides a source of constant demand.
Globally, the most beautiful golf courses are located at the sea shore namely Pebble Beach Golf course, Cypress Point, Fishers Island and others. India currently does not even have a single golf course which is connected to the sea. Hence, the government should incentivize developers and golf course construction companies to develop golf courses near sea.” according to the Research Analyst Ken research.

For more information about the publication, refer to below link:
https://www.kenresearch.com/consumer-products-and-retail/sporting-equipments/india-golf-market-outlook-2020/60303-95.html

Companies Covered in the Report: Callaway, Taylor Made, Titleist, Mizuno, Ping, Nike, XXIO, Wilson, Pash Tour and Travels, My Golf Tours, Golf Connexions
Products Covered in the Report
Civilian and Armed Golf Courses, Golf Clubs, Golf Balls, Golf Accessories and Apparel, Golf Tourism, Golf Based Real Estate Projects, Golf Tournaments, Turf Equipments, Irrigation and Golf Carts
Related Reports:
Asia Pacific Athletic Apparel and Footwear Market Outlook to 2019 - Surging Growth with Online Marketplaces
Asia Online Jewellery Market Outlook to 2019 - Driven by Lucrative Discounts and Rising Online Buyers
Europe Athletic Apparel and Footwear Industry Outlook to 2018 - Eastern European Region to Drive Future Growth

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


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Location: Indi, Karnataka 586209, India
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