Friday, June 30, 2017

Progress in Demand in Russian Consumer Electronics Market: Ken Research

The Luxury Portable Consumer Electronics market in Russia has prolonged to experience a downfall in trends in the year 2016 since the earlier highly popular brands and related products with an exceptionally well status in the society, like Vertu mobile phones, lost majority of their share to better technologically advanced counterparts, namely Apple or Samsung. These high-end smart phones, smart watches, and the most affluent Russians instead of going for luxury portable electronics of the country were lured by the other emerging brands.
The market mainly caters to Luxury Mobile Phones, Luxury Mp3 Players, and Luxury Wearables, recession had been persisting in the economy in 2016, and simultaneously the purchasing power of middle-class consumers saw a decline. Although the local currency commenced to display signs of stabilization, yet the inactive economic environment affected the demand for luxury goods. As a result, a major proportion of the consumers of luxury goods switched to lower-priced alternatives.
Few goods have been reviewed as small appeasements wherein small leather goods, lesser-priced super premium beauty, and personal care products relished comparably better performances, and assisted the middle-class Russians recall their previous consumption habits. Anyhow, the most prosperous Russians did not shift their consumption habits and continued to go for their favorite luxury brands.
According to the report "Luxury Portable Consumer Electronics in Russia", luxury goods have endured to be greatly scattered wherein the smaller international brands have to struggle for a decent market share along with the best-known global brands. The market has been and remains to be dominated by imported products, with some exceptions, like that of luxury spirits.
Sales in the market have stayed to exist mainly through bricks-and-mortar channels since the online sales fell in 2016. However, the trust and confidence of Russians in online purchases is slowly ameliorating, and the share of online sales is thereby expected to visibly augment by 2021.
Luxury goods are forecasted to portray higher value growth in the future but the sales are predicted to reach their pre-crisis value. The consumer base, being stable for the time being, of the most wealthy buyers of luxury goods is as well expected to be negatively impacted if  the economic bedlam returns and even some of these purchasers are foreseen to leave the country provided the business and social environment exacerbates.
Key Topics Covered in the Report:
Russia Luxury Portable Consumer Electronics Market Research Report
Russia Luxury Portable Consumer Electronics Market Size
Russia Luxury Portable Consumer Electronics Market
Russia Luxury Portable Consumer Electronics Trade Market
Russia Luxury Portable Consumer Electronics Retail Market
Russia Luxury Portable Consumer Electronics Production Output
Russia Luxury Portable Consumer Electronics Import Volume
Russia Luxury Portable Consumer Electronics Export Volume
Russia Luxury Portable Consumer Electronics Market Future Outlook
Russia Luxury Portable Consumer Electronics Market Competition
Russia Consumer Electronics Market Research
Russia Consumer Electronics Industry Future Outlook
Russia Smart Phone Market Revenue
Russia Portable Laptops Market Research
Russia Portable Bluetooth Speaker Market
Russia Digital Camera Market Research
To know more about the research report:
Related reports:
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Urbanization Increasing the Need for Water Supply Network and Concentrated Market Space is anticipated to Push Market Growth for DI and HDPE Pipes: Ken Research

Huge investment on Water Infrastructure Development, Improving Gas Distribution Network in Urban Cities, Improving Sanitation Coverage in the Country, Water Conservation Schemes and increasing number of housing units were the key factors driving the growth in India DI & HDPE Pipe Market.


India is the second most populous country in the world but it is leading in terms of lack of water supply and sanitation facilities. Manufacturers PVC-O Pipes in India, Ductile iron pipes manufacturing India, Electrosteel Castings Business Performance, Ductile Iron Pipe Market Trends, DI Pipe Suppliers in India, Ductile Iron (DI) Pipes & Fittings-JINDAL SAW LTD, Manufacturers DI Pipe in India The DI & HDPE pipe market is likely to have strong linkages with investment in water infrastructure development and India is witnessing huge investment in water projects under ‘Swachh Bharat Abhiyaan’, Atal Mission for Rejuvenation and Urban Development (AMRUT) and various other State level projects, the DI & HDPE pipe sector is anticipated to witness a bright outlook in upcoming years. The primary growth drivers of India DI & HDPE pipe markets are increasing population of the country, huge investment on Water Infrastructure Development, Improving Gas Distribution Network in Urban Cities, Improving Sanitation Coverage in the Country, Water Conservation Schemes and increasing number of housing units.
In India, ductile iron pipe market has been growing over 50 years owing to pipe’s durability, tensile strength, resistance and pressure bearing ability. The Ministry of Water Resources estimated that by the year 2025, the requirement for water in India will increase to 120 billion cubic meters. This has significantly increased the demand of DI pipes for construction of potable water supply projects, sanitation facilities and water supply infrastructures. HDPE Pipes are polyethylene pipes known for their capability of carrying potable water, wastewater, slurries, chemicals, hazardous wastes, cables and compressed gases as well as oils. Primary growth drivers of HDPE pipe market have been replacement of metallic pipes with HDPE pipes due to corrosion and rusting, enhancing gas distribution infrastructure, growth of telecom duct market and high demand for water supply in residential & industrial sectors. Government of India has been focusing on improving its economy and they have initiated Make in India initiative which has aided multinational as well as domestic companies to manufacture DI & HDPE within the country.
The report titled “India DI & HDPE Pipe Market Outlook to 2022 - Rising Government Investment for Improving Sanitation Coverage to Drive Future Growth” by Ken Research suggested a growth at a noteworthy CAGR in revenue in India DI & HDPE Market in next 5 years till 2022.
Topics Covered in the Report
  • Manufacturers PVC-O Pipes in India
  • Ductile iron pipes manufacturing india
  • Electrosteel Castings Business Performance
  • Ductile Iron Pipe Market Trends
  • DI Pipe Suppliers in India
  • Ductile Iron (DI) Pipes & Fittings - JINDAL SAW LTD
  • Manufacturers DI Pipe in India
To know more about the publication, click on the link below
https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/india-di-hdpe-pvc-o-pipes-market/122369-97.html
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Location: China

Oversupply and Downward Stress on Rental Rates to Trigger Cautions Outlook in Riyadh Retail Real Estate Market: Ken Research

The increasing household expenditure on retail outlets, easing government regulation on FDI in the retail sector and lack of recreational activities coupled with annual shopping festivals will have a positive impact on Riyadh’s Retail Real Estate Market.
The report titled “Riyadh Retail Real Estate Market to 2021- Oversupply and Downward Stress on Rental Rates to Trigger Cautions Outlook” by Ken Research suggests a robust CAGR of 17.2% and 14.8% in terms of retail supply and retail demand in Riyadh, respectively. The completion of major super-regional and regional malls including KAFD, ITCC, Jardin Mall, Mall or Arabia and Al Diriyah Festival Mall will boost retail supply in the coming years.
The evolution of the retail sector has transformed the Kingdom’s landscape from small and unorganized retail outlets to the development of large scale shopping malls with international brands, entertainment zones, theme parks and world class hypermarkets and supermarkets. Majority of the kingdom’s retail outlets, especially in Riyadh and Jeddah; are spread across super regional and regional malls. These formats have replaced traditional line stores and community shopping centers. High disposable income and government initiatives to diversify the economy and encourage foreign investment and ownership have led cities such as Riyadh and Jeddah to become the centre of attraction for international luxury brands. 
The retail sector in Riyadh has witnessed robust performance during the review period despite the steady increase in gross leasing area. The primary reason for this trend is because shopping is considered to be one of the few available recreational activities in the city, indicating that the market can support a higher GLA per capita in the coming years.
The total retail supply in Riyadh inclined from 1.2 million square meters during 2012 to 1.5 million square meters of gross leasing area during 2016, registering a CAGR of 5.7% during the same period. Total occupied retail space inclined to 1.44 million square meters during 2016 from approximately 1.1 million square meters during 2012 achieving a CAGR of 7.1% during the same period.
Key Topics Covered in the Report:
Ksa Real Estate Market
Shopping Centres in Riyadh
Ksa Retail Real Estate Market
Riyadh Retail Real Estate Market
Real Estate Companies Malls Riyadh
Al Sadhan Malls in Riyadh
Riyadh Shopping Mall Market
Shopping Malls in Saudi Arabia
For further reading click on the link below:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Thursday, June 29, 2017

Philippines International Remittance Market Size on the Basis of Transaction Volume in USD million 2011-2016 – ken Research

Philippines has been one of the fastest growing economies in the ASEAN regions during the past five years. With an improvement in economy which has been facilitated by an increase in trade, the country plans to achieve more than 6% GDP growth rate in the coming years.
The market for domestic money transfers  in  the  Philippines  has been exceedingly dynamic and has matured since the last five years. Filipinos have a gamut of alternatives available in terms of the presence of numerous formal payments service providers (PSP) in a market with high competition. The market has also been  flooded  with  informal  means of making payments which include friends, family and vehicle drivers. Overseas Filipino Remittance Philippines, Bitcoin Wallet  Remittance  Philippines
Remittance Flow Philippines, Migration in Philippines, Money Transfer Agencies Philippines, Online bill payment services in the Philippines, The total market for domestic remittances   was   valued   at   USD million in 2016 and witnessed expansion from USD ~ in the year 2011.
Remittances sent by cross border migrant workers are a traditional means of financial support to family members back home.
The Philippines has been the nation of source of one of the biggest Asian migrant Diasporas, with its economy greatly reliant on billion-dollar remittances from Filipinos residing and working in around 239 countries and territories.  The  Philippines was the  third  largest  remittance  market in 2016, with India and China being the  top  two.  Personal  remittances from OFWs accounted for ~% of the country’s GDP in 2016.
The largest portion of remittances came from land-based workers, who remitted USD ~ million in 2016. On the  other  hand,  remittances  from sea-based workers in the same year amounted to USD ~ million.

What Have Been The Major Trends And Challenges In Philippines Remittance And Bill Paymnets  Market

·         The reach of the financial system in the Philippines has been a direct measure of the distribution of financial institutions in the country. Banks were noticed as the primary players in financial services with banking entities directly responsible for approximately 80% of the total resources of the financial system. Bank branches and ATMs have functioned as the fundamental distribution channels of financial services. The Philippines has been regarded as a thought leader of financial inclusion in the light of its early initiatives and gains in microfinance and mobile banking services.
·         A pawn shop has been categorized as a business which provides services of money lending with collection of certain collateral property. Pawnshops in the Philippines have been a major source of money transferring since the past decade. The lower income class of the Filipino society has been significantly served by the pawnshops for their remittance requirements since this cluster constituted the unbanked members of the population.
·         The Business Process Outsourcing industry has been an important component of Philippines’ economic growth. The Information Technology and Business Process Management industry has grown to be the second largest source of dollar income for the Philippine economy. During 2016, the industry generated
·         ~ million direct jobs and USD ~ billion in revenues. The revenues grew by ~% from ~ million in 2014 and are expected to overtake the overseas Filipino Worker Remittances by 2017.
·         The government of Philippines has taken concrete steps to bolster infrastructural development in the country.
·         Remittances to developing countries are experiencing a declining trend from the last two years.
·         However, Philippines stood as one among those countries that defied the declining trend and continued to show a decent growth rate. Remittances to the East Asia and Pacific region declined an estimated ~% to USD ~ billion in 2016 amid low oil prices and weak economic growth in the Gulf Cooperation Council (GCC) countries and the Russian Federation.
·         International remittances showcased strong seasonal patterns, with month on month increases particularly huge in the months of March and December. March is the month for graduation in the Philippines and remittances have showcased significant incline in this month over the past five years.
·         Major digital trends that are expected to revolutionize the mobile financial services in the country are virtual currencies, wearable technologies and biometrics. The bitcoin is expected to have a large impact on the global remittance market, particularly in developing countries such as the Philippines where remittances help support families and communities.
·         New players and startups are offering different forms of money transfer services. With the advent of digital currency and blockchain technology, companies are becoming adaptable for currencies like bitcoin to enable remittance services.

Topics Covered in the Report
·         Overseas Filipino Remittance Philippines,
·         Bitcoin Wallet  Remittance  Philippines
·         Remittance Flow Philippines,
·         Migration in Philippines,
·         Money Transfer Agencies Philippines,
·         Online bill payment services in the Philippines,

To know more about the publication, click on the link below
https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/philippines-money-transfer-remittance-market-report/121464-93.html

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


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Location: Philippines

Increasing Retail Supply along with a Slow Conversion Rate is Expected to cause Retail Oversupply to Reach GLA of 439 thousand Sq M. by 2021: Ken Research

High disposable income and government initiatives to diversify the economy and encourage foreign investment and ownership will augmented retail expenditure in Riyadh.
Factors including location, neighboring competition, catchment area and efficiency of mall management are taken into consideration before the construction of retail development projects.
Saudi Arabian General Investment Authority allowed 100% FDI in the retail sector, giving international brand the ability to set up their outlets in the Kingdom without partnering with local entities 
Ken Research in its latest study, “Riyadh Retail Real Estate Market Outlook to 2021” suggests that retail oversupply will continue to exist in the future. However, major mall developers have delayed large scale projects to reduce downward pressure on rent and augment occupancy rate across the city. Existing and new entrants will look to capitalize on competitively priced land across northeastern and southern Riyadh.  Total retail supply in Riyadh is projected to achieve a CAGR of 17.2% during the period 2016-2021. Conversely, Retail demand is estimated to witness a CAGR of 14.8% during the same period.
The evolution of the retail sector has transformed the Kingdom’s landscape from small and unorganized retail outlets to the development of large scale shopping malls. The primary reason for this trend is because retailers have realized the increased number of visitors to regional and super regional malls as a result of integrated spaces and a shift in consumer shopping experience towards leisure and entertainment.
Saudi Vision 2030 with respect to feminization in the retail sector has targeted women participation in the workforce to increase from the current 22% to 30% in the future. Increasing female participation in the retail sector will positively impact growing number of female owned businesses coupled with higher income and spending power. A crucial factor that has further aided retail sales is the country is the lack of recreational activities available across the country. The Kingdom has banned cinemas and other forms of recreation and entertainment. Mall and community center shopping is one of the few socially acceptable and widely accessible leisure and recreational options available to families within the country.
Key Topics Covered in the Report:
Al Sadhan Malls in Riyadh
Riyadh Shopping Mall Market
Growth Shopping Centres in Riyadh
Riyadh Retail Mall Demand
Riyadh Retail Supply Gross Leasable Area
Shopping Malls in Saudi Arabia
Future Outlook Retail Supply Riyadh
Case Study Othaim Mall in Riyadh
Community Center Riyadh Market
Super Regional Malls Market Saudi Arabia
For further reading click on the link below:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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