Physical Outdoor Advertising will Continue to Dominate the India OOH Advertising: Ken Research

The Pump market in Indonesia witnessed a CAGR of 4.3% during the period 2011 to 2016. The small number of large companies operating in this space during this period gave manufacturers the freedom to decide pricing patterns for various centrifugal and positive displacement pumps. The increasing investment by the Government of Indonesia towards clean water supply, wastewater treatment and irrigation development had translated into higher pump sales witnessed by major manufacturers including Grundfos, Torishima and Ebara during the review period.  The entry of new players into the pumps market had resulted in mass competition. Manufacturers had offered deep discounts and price cuts along with complimentary spare parts in order to gain market dominance and this had impacted higher revenue growth of the overall pump market..

Around a decade ago, the market for pumps in Indonesia was predominantly import driven with majority of domestic demand being met through imports from Japan, China, Singapore and Europe. Imported pumps have remained a good market for Indonesia as a result of high brand recognition for these products coupled with durability, efficiency and reliability. The entry of manufacturers that were domestically producing and selling competitively priced pumps in the country caused more end consumers to purchase pumps from these reliable brands. The increasing trend towards the demand for domestically manufactured pumps has caused imports to constitute around 70% of domestic demand in recent years. The Indonesian Government accounted for a robust proportion of pump sales in the country during 2016; which is mainly provided to farmers to bringing in more land under irrigation for better agriculture development; while  a portion of what is procured from manufacturers is also used by the government for water supply and sewage and wastewater treatment plants.
The population in the country has been steadily growing at an average of 1.5% during the review period while the urban population witnessed an average growth of 2.8% during the review period. The growth in population is directly linked to the increasing need for water supply and sewage and wastewater generated by the country
According to Research Analyst at Ken Research, “Existing Pump manufacturers should look to set up precise sales and service centers close to the industries they target in order to ensure prompt delivery of products and quality service support. New entrants should look to collaborate with foreign companies to set up manufacturing facilities for pumps within the domestic territory. In addition to this, the Indonesian Government should provide subsidies in the form of land, buildings and machinery and encourage a positive business climate in the country through the form of tax breaks.”
The report titled “Indonesia Pumps Industry Outlook to 2021 - Increasing Government Initiatives towards Irrigation and Wastewater Treatment with Expansion of Industrial Sector to Drive Growth” provides a comprehensive analysis regarding the performance of the Pumps Market in Indonesia.  This report will help Industry consultants, Pump Manufacturers and dealers, Manufacturing Industries, Real Estate Companies, the Indonesian Government, potential entrants and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Topics Covered in the Report

• Pumps Sales Indonesia
• Water Pumps Market
• Solar Pumps Industry
• Submersible Pumps Market Growth
• Positive Displacement Pumps Market Overview
• Rotary Pumps Market Growth
• Single Stage Submersible Pumps Market
• Building Pumps Indonesia Products
• Grundfos Water Pumps Market Share
• Water Supply Pumps Industry Sales
• Wilo Pumps Sales
• Market Share Analysis Pumps Market

For more information about the publication, refer to following link:
https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/indonesia-pumps-market-report/83202-97.html
Related Reports:
India Pumps Market Outlook to 2019 - Driven By Government Investments And Technological Advancements
India PVC Pipes and Fittings Industry Outlook to 2020 - Expanding Irrigated Area and Construction Sector to Stimulate Growth
India uPVC Doors and Windows Market Outlook to 2020 - Growth in Residential Apartments and Development of Smart Cities to Drive Future
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Retail Banking In Italy To Ameliorate: Ken Research

Ken Research has announced its distribution on, “Retail Banking Country Snapshot: Italy 2016” which reviews the retail banking sector in Italy, with a particular focus on the current account, savings, mortgage, and personal loans markets. It includes both market-level data and insight from the Global Retail Banking Insight Survey.

The report provides insight into how consumers in Italy take out and use their financial products, and how this has changed in recent years. It furnishes the providers who dominate the current account, savings, mortgage, and loan markets, along with the factors which persuade the customers to choose them.

The financial products market in Italy is less concentrated than in other countries. With the exception of Intesa Sanpaolo and UniCredit, few providers account for a major proportion of the market share.

Besides ING, each of the main current account providers in Italy has a negative NPS rating, with BNP Paribas and UniCredit being recorded as the weakest performers. The branches are still the major accession channel, across all products, though online is making its way in the savings market.

Mobile banking is on its introduction stage, though a few providers have introduced mobile onboarding, and high smartphone ownership rates presage well for future adoption. Around half the proportion of post-families use mobiles on a weekly basis compared to other segments.

Several trends are expected to drive developments in retail banking sector in 2017, which include factors as diverse as changes to the regulatory environment, the emergence of artificial intelligence, and the long-awaited entry of new mobile-only providers.

Companies Covered

Intesa Sanpaulo, UniCredit, BancoPosta, BNP Paribas, ING, Monte dei Paschi di Siena, Banco Popolare, Fineco, Banca Mediolanum, UBI Banca, Smartika, BorsadelCredito, Prestiamoci

Key Topics Covered in the Report:

Global Retail Banking Industry

Italy Retail Banking Industry

Italy Banking Industry Research

Retail Banking Country Snapshot Italy

Italy Retail Banking Sector

Retail Banking In Italy

Digital Channels In Retail Banking Italy

Italy Retail Banking Industry Forecast

For more coverage click on the link below:

https://www.kenresearch.com/banking-financial-services-and-insurance/banking/retail-banking-country-snapshot-italy/78622-93.html

Related links:

https://www.kenresearch.com/banking-financial-services-and-insurance/banking/retail-banking-country-spain/8383-93.html

https://www.kenresearch.com/banking-financial-services-and-insurance/banking/retail-banking-country-snapshot-uae/21845-93.html

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

Increasing Government Initiatives towards Irrigation and Wastewater Treatment and the Expansion of the Industrial Sector to Foster Indonesia Pumps Market Future Growth: Ken Research

The country is projected to continue facing impedance towards economic growth until 2018, post which the investment climate is expected to improve. Due to this, the market for pumps is also expected to witness low revenue growth until 2018.

New and existing players entering the market will look to set up their manufacturing facility within the country in order to provide end customers with competitively priced pumps while meeting the rising domestic demand.

The report titled “Indonesia Pumps Industry Outlook to 2021 - Increasing Government Initiatives towards Irrigation and Wastewater Treatment with Expansion of Industrial Sector to Drive Growth” provides a comprehensive analysis regarding the performance of the Pumps Market in Indonesia. The report covers various aspects including the market size by revenues and segmentation on the basis of market structure. The market has also been segmented on the basis of type of pumps utilized, industries, water pumps and end users. The report also covers the trade scenario and government regulation in Indonesia pumps market. In addition to this, the market share of major players for water and industrial pumps, competitive landscape of Pump Manufacturers and Value Chain Analysis of Indonesia Pumps Market has also been showcased. This report will help Industry consultants, Pump Manufacturers and dealers, Manufacturing Industries, Real Estate Companies, the Indonesian Government, potential entrants and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future

The setting up of new power plants, iron and steel factories and oil and gas fields will aid growth in revenues of this market. In addition to this, the expansion and rise in production by these sectors will increase pump sales as a result of increasing replacement demand.

Centrifugal pumps will continue to witness higher sales in the future as a result of its lower price as compared to positive displacement pumps. The increasing investment by the Indonesian government on infrastructure and irrigation will aid the boost in sales of these pumps in the future. Urban development and the increasing number of commercial buildings will compliment the growth in pump sales in the future. Jakarta, Medan and Bandung are projected to witness highest sales of commercial centrifugal pumps in the future. Positive displacement pumps will witness higher demand from those end users that utilize viscous and semi-solid fluids during its operation. The projected increase in prices of crude oil will see an expansion of existing oil refineries and the entry of new refineries, aiding sales of positive displacement pumps in the future.

The rising urbanization and increasing investment on infrastructure by the government and private individuals will result in more commercial buildings and high rise offices engulfing the country. Increased demand for pumps by the government in the future will mainly arise due to wastewater and sewage treatment and irrigation. In addition to this, the increasing number of residential buildings will require the government to increase the water supply penetration, thus resulting in an increased demand for water pumps.

“According to Research Analyst at Ken Research- “Existing Pump manufacturers should look to set up precise sales and service centers close to the industries they target in order to ensure prompt delivery of products and quality service support. New entrants should look to collaborate with foreign companies to set up manufacturing facilities for pumps within the domestic territory. In addition to this, the Indonesian Government should provide subsidies in the form of land, buildings and machinery and encourage a positive business climate in the country through the form of tax breaks.”

Key Topics Covered in the Report:

Indonesia Pumps Market Overview

Submersible Pumps Market Growth

Wilo Pumps Sales

Water Pumps Market

Water Supply Pumps Industry Sales

Ksb Indonesia Pump Sales

Rotary Pumps Market Growth  

Value Chain Analysis In Indonesia Pumps Market             

Indonesia Pumps Market Size, 2011-2016            

Indonesia Pumps Market Segmentation              

Solar Pumps Industry

Pumps Sales Indonesia

Grundfos Water Pumps Market Share

Market Share Analysis Pumps Market

Single Stage Submersible Pumps Market

Positive Displacement Pumps Market Overview

Trade Scenario For Pumps in Indonesia 

Decision Making Process for Buying Pumps in Indonesia               

Trends and Development in Indonesia Pump Market     

Issues and Challenges in Indonesia Pumps Market          

Government Regulation in Indonesia Pumps Market

Tender Process in Indonesia Pumps Market       

Market Share of Major Players in the Water Sector (Clean, Wastewater and Irrigation), 2016      

Market Share of Major Players in the Industrial Sector (Food Processing, Iron and Steel, Oil and Gas and Others), 2016  

Competitive Landscape of Major Players in Indonesia Pumps Market

Indonesia Pumps Market Future Outlook and Projections, 2021

Companies Covered in the Report

Grundfos Indonesia

Wilo Pumps Indonesia

Ebara Indonesia

Intech Pumps Indonesia

Torishima Guna Engineering Indonesia

KSB Indonesia

PT.Tsurmi Pompa Indonesia

Flowserve Indonesia

Products Mentioned:

Centrifugal Pumps

Positive Displacement Pumps

Submersible Pumps

Non-Submersible Pumps

Single Stage Submersible Pumps

Multi Stage Submersible Pumps

Rotary Pumps

Reciprocating Pumps

For more information about the publication, refer to following link:

https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/indonesia-pumps-market-report/83202-97.html

Related Reports:

https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/india-pumps-market-research-report/642-97.html

https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/updated-india-pvc-pipes-market-report/7094-97.html

https://www.kenresearch.com/manufacturing-and-construction/construction-materials/india-upvc-doors-windows-market/23002-97.html

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

Increasing number of Joint Ventures between Foreign Pump Manufacturers and Domestic Companies to drive Indonesia Pumps Market Growth: Ken Research

The Pump market in Indonesia witnessed a CAGR of 4.3% during the period 2011 to 2016. The small number of large companies operating in this space during this period gave manufacturers the freedom to decide pricing patterns for various centrifugal and positive displacement pumps. The increasing investment by the Government of Indonesia towards clean water supply, wastewater treatment and irrigation development had translated into higher pump sales witnessed by major manufacturers including Grundfos, Torishima and Ebara during the review period.  The entry of new players into the pumps market had resulted in mass competition. Manufacturers had offered deep discounts and price cuts along with complimentary spare parts in order to gain market dominance and this had impacted higher revenue growth of the overall pump market..

Around a decade ago, the market for pumps in Indonesia was predominantly import driven with majority of domestic demand being met through imports from Japan, China, Singapore and Europe. Imported pumps have remained a good market for Indonesia as a result of high brand recognition for these products coupled with durability, efficiency and reliability. The entry of manufacturers that were domestically producing and selling competitively priced pumps in the country caused more end consumers to purchase pumps from these reliable brands. The increasing trend towards the demand for domestically manufactured pumps has caused imports to constitute around 70% of domestic demand in recent years. The Indonesian Government accounted for a robust proportion of pump sales in the country during 2016; which is mainly provided to farmers to bringing in more land under irrigation for better agriculture development; while  a portion of what is procured from manufacturers is also used by the government for water supply and sewage and wastewater treatment plants.

The population in the country has been steadily growing at an average of 1.5% during the review period while the urban population witnessed an average growth of 2.8% during the review period. The growth in population is directly linked to the increasing need for water supply and sewage and wastewater generated by the country

According to Research Analyst at Ken Research, “Existing Pump manufacturers should look to set up precise sales and service centers close to the industries they target in order to ensure prompt delivery of products and quality service support. New entrants should look to collaborate with foreign companies to set up manufacturing facilities for pumps within the domestic territory. In addition to this, the Indonesian Government should provide subsidies in the form of land, buildings and machinery and encourage a positive business climate in the country through the form of tax breaks.”

The report titled “Indonesia Pumps Industry Outlook to 2021 - Increasing Government Initiatives towards Irrigation and Wastewater Treatment with Expansion of Industrial Sector to Drive Growth” provides a comprehensive analysis regarding the performance of the Pumps Market in Indonesia.  This report will help Industry consultants, Pump Manufacturers and dealers, Manufacturing Industries, Real Estate Companies, the Indonesian Government, potential entrants and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Topics Covered in the Report

·         Pumps Sales Indonesia

·         Water Pumps Market

·         Solar Pumps Industry

·         Submersible Pumps Market Growth

·         Positive Displacement Pumps Market Overview

·         Rotary Pumps Market Growth

·         Single Stage Submersible Pumps Market

·         Building Pumps Indonesia Products

·         Grundfos Water Pumps Market Share

·         Water Supply Pumps Industry Sales

·         Wilo Pumps Sales

·         Market Share Analysis Pumps Market

For more information about the publication, refer to following link:

https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/indonesia-pumps-market-report/83202-97.html

Related Reports:

India Pumps Market Outlook to 2019 - Driven By Government Investments And Technological Advancements

India PVC Pipes and Fittings Industry Outlook to 2020 - Expanding Irrigated Area and Construction Sector to Stimulate Growth

India uPVC Doors and Windows Market Outlook to 2020 - Growth in Residential Apartments and Development of Smart Cities to Drive Future

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

Falling Consumption of Cigarettes in Bulgaria: Ken Research

Ken research announced recent publication on, "Cigarettes in Bulgaria, 2017". The report gives a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market. Identify the areas of growth and opportunities, which will aid effective marketing planning. The differing growth rates in regional product sales drive fundamental shifts in the market. This report provides detailed, authoritative data on this changes-prime intelligence for marketers. Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future.

Bulgaria has traditionally had one of the highest rates of per capita cigarette consumption. However, the collapse of the duty paid sector since 2009 and the consequent rise in contraband reduced legitimate consumption levels. There has been a trend away from traditional oriental or semi-oriental blends towards American blend and Virginia cigarettes, because of changing consumer tastes and the influx of imported international brands. The true size of the cigarette market and trends in consumption levels had once been extremely difficult to determine accurately due to black market activities, with the overall market size fluctuating according to the affordability of local products and volumes of contraband. There is also a movement towards lighter tastes, particularly towards slim and, latterly, super slim cigarettes.

Bulgaria ranks as one of the medium sized cigarette markets of Central and Eastern Europe and is now an EU member country. It was once a major cigarette producer due to the very substantial export trade that the local tobacco industry developed during the communist years. However, this declined during the 1990s and the country effectively became a self-sufficient producer with minimal imports and erratic and opportunistic exports. Bulgaria will return to a higher timetable for the excise tax on cigarettes in a gradual manner by the beginning of 2018. However, one of the reasons for the step is the "aggressive behaviour" shown by some of the traders in tobacco products threatening the entire market. At the end of 2014 and during the first half of 2015 the Bulgarian government decided to impose stricter controls on the factories and excise warehouses which distribute cigarettes to the local market. State inspectors were put at the exit points of all factories and warehouses and were charged with checking the cargo of all personal vehicles and the luggage of all people leaving the buildings. As a result of this strict control, much larger quantities of cigarettes were officially declared and taxed in 2015 than a year earlier, with illicit sales of cigarettes without banderoles falling significantly. The Bulgarian cigarette industry is fairly consolidated, with only seven manufacturers having a measurable share of sales. The situation in 2015, however, was very different from the beginning of the review period, when the category was almost entirely dominated by Bulgartabac Holding Group, whose monopoly was abolished by the Bulgarian parliament at the beginning of 2005. In 2015, Bulgartabac managed to recover some of its lost sales and increased its volume share, mostly at the expense of its direct competitor Philip Morris.  This will result in a "sustainable" increase in prices of cigarettes by January 01, 2018.

Soon Bulgaria will be obliged to introduce the minimum EU excise tax on cigarettes, which is EUR 90 per 1000 pieces. This means prices will go up again as of January 01, 2018. More expensive cigarette brands will be affected by BGN 0.15, while for a pack of more affordable ones the increase will be around BGN 0.10. The overall increase in the sale price would be around BGN 0.20-30 by the end of 2017. The current tax is BGN 70 per 100 pieces, plus 38% of the sale price, but its minimum total value is BGN 161 per 1000. A new timetable for the increase, if adopted, would see a more abrupt increase in the specific tax and a lower ad valorem excise duty, with a minimum threshold of BGN 168.

The "new timetable" was renounced last year in favour of the current one, with critics of the move then arguing it would give an edge to two local cigarette producers. They also insisted EU practices suggested the specific tax - and not the ad valorem duty - should be increased when modifying the excise to base state revenues on the amount of cigarettes sold and not on their market price.

Law enforcement authorities in Madrid and Sofia have unveiled details of a bust some days ago in which 20 Bulgarian citizens, were arrested in connection with three illegal factories illicitly producing millions of euro worth of cigarettes. The cigarettes were made for sale in European Union countries, mainly Belgium, France and the United Kingdom.

Key Factors Considered in the Report

Cigarettes Market Bulgaria

Cigarette Market Consumption Bulgaria

Global Cigarette Production Volume

Bulgaria Cigarette Market Future Outlook

Cigarette Advertisement Expenditure Bulgaria

Bulgaria Cigarette Export Volume

Bulgaria Cigarette Import Volume

Bulgaria Tobacco Market Future Outlook

For more coverage click on the link below:

https://www.kenresearch.com/food-beverage-and-tobacco/tobacco-products/cigarettes-bulgaria-2017/79692-11.html

Related links:

https://www.kenresearch.com/food-beverage-and-tobacco/tobacco-products/smokeless-tobacco-france-2017/82337-11.html

https://www.kenresearch.com/food-beverage-and-tobacco/tobacco-products/smokeless-tobacco-finland-2017/82334-11.html

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

Non Life Insurance Sector To Intensify In Hungary: Ken Research

Ken Research has announced latest publication titled, “Non-Life Insurance in Hungary, Key Trends and Opportunities to 2020” which provides a detailed outlook by product category for the Hungarian non-life insurance segment, and a comparison of the Hungarian insurance industry with its regional counterparts.
The report furnishes values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets and total investment income during the review period (2011-2015) and forecast period (2015-2020).
By analyzing distribution channels operating in the segment, it gives a comprehensive overview of the Hungarian economy and demographics, and properly explains the various types of natural hazards and their impact on the Hungarian insurance industry along with detailed information on the competitive landscape in the country.

It also includes features of insurance regulations, and recent changes in the regulatory structure as well as provides detailed analysis of natural hazards and their impact on the Hungarian insurance industry. It aids the users in making strategic business decisions using in-depth historic and forecast market data related to the Hungarian non-life insurance segment, and each category within it.
In spite of Europe’s economic slowdown, the Hungarian insurance sector perpetuates to strengthen as more and more of the population seeks greater protection. The Hungarian non-life insurance segment has expanded during the review period at a CAGR of 2.1%.
During the financial crisis, Hungary’s insurance sector proved itself to be crisis-resistant. The market showed an impressive annual growth over the years, and in 2015 the number of total written premiums had increased by 2.2 percent in a non-inflationary environment.
The Hungarian non-life segment accounted for 44.1% of the insurance industry's overall gross written premium and was highly concentrated, with the 10 leading companies accounting for 91.8% of its gross written premium in 2015.
The Insurance Companies and Insurance Activities Act were introduced in December 2014, and came into force on January 1, 2016.
Property insurance was the largest category, accounting for 46.9% of the segment's gross written premium and agencies were anytime considered to be superior to all other means because they involve in-depth understanding of risks and products related to their field and region.
In the future years, this sector is expected to generate more revenues since awareness is bound to rise with the time.
Topics Covered in the Report

• Hungary Non-life insurance industry Research Report
• Hungary Non Life insurance market share
• Non-Life insurance sector trends Hungary
• Hungary General insurance regulations
• Motor insurance market research Hungary
• Property insurance sector Hungary
• Health insurance demand Hungary
• Hungary automobile insurance industry research
• Hungary General Insurance Industry
• Hungary Non life insurance future outlook

For more coverage click on the link below:
https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/non-life-insurance-hungary-key-trends/81984-93.html
Related links:
https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/non-life-insurance-lebanon/21075-93.html
https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/japan-insurance-market-research-report/134-93.html
Contact:
Ken Research
Ankur Gupta,
Head Marketing & Communications
query@kenresearch.com
+91-124- 4230204
www.kenresearch.com