Monday, September 4, 2017

Technology to Proliferate Malaysia Health and Wellness Market: Ken Research



Malaysia's wellness and fitness industry is the highest revenue earner for the country and has a significant place in the everyday life of the Malaysians. It is observed that Malaysia has captured the wellness and fitness market by developing wellness tourism along with medical tourism which includes Malaysia Urban Retreat Festival (Murfest), yoga, spiritual retreats and fitness weeks.
Malaysians are attaining health and well being through physical, psychological or spiritual activities which has become an international trend among health-conscious people. Fit Malaysia is a brand program that encourages Malaysians to adopt healthy lifestyles, excel in sports and incorporates the mental aspect in consumers. Fitness is not just about physical sports, running, cardio, boxing, self-defence or cycling, but also about mind-body wellness. Fly yoga or aerial yoga are new forms of exercises that makes use of hammocks and is a popular program in Fit Malaysia event.
According to the report, “Health and Wellness in Malaysia”, the rise in the aging population in Malaysia is the major factor influencing the wellness and fitness market. Products related to age-related disorders such as digestive system, and products related to maintain blood sugar levels are of great demand. Probiotic products contribute to the health and wellness market growth in Malaysia which are used as a substitute for growth promoters and antibiotics. The leading companies in prebiotic products are Yakult Honsha and Chr. Hansen which developed patented strains of microorganisms (probiotics) advantageous to human health.
The vitamins and dietary supplements include weight management products, herbal and traditional products. The health supplement market in Malaysia involves international and regional vendors with quality and affordable pricing for consumers. The international competitors in Malaysia have inorganically acquired the regional or local competitors. The leading competitors in the health and wellness market are Amway, CCM, Cosway, Herbalceutical, Herbalife, Astana Biocare, Bioalpha, Dynapham Herbal, Era Herbal, QD Herbs, and White Heron Pharmaceuticals. The Malaysian population is increasing steadily demanding for more health and wellness products.
The next trillion dollar industry is the global health and wellness market considering the wealth of applications and products available in the market. The global health and wellness market incorporates a variety of industries such as nutraceuticals, cosmeceuticals, healthy eating, nutrition, weight loss, complementary and alternative medicine, preventative and personalized health, and beauty and anti-aging products have increased in leaps and bounds. The popular three trends in the health and wellness global market are athleisure, boutique fitness, and organic diet.
The global nutraceutical products in health and wellness market are categorised into functional foods, functional beverages, and dietary supplements. Cosmeceuticals market is again categorised into cosmeceutical ingredients, cosmeceutical products, and cosmeceutical sales. The market is driven by increasing health awareness and availability of health and wellness products. There is a great demand for healthcare devices such as exercise equipment, organic foods, and supplementary diets in the health and wellness market. The leading players in the global health and wellness market are Philips Healthcare, Abbott Laboratories, LifeScan, Inc., B. Braun Melsungen AG, Animas Corporation, L’Oréal, Johnson & Johnson, Nestle S.A., General Mills, Inc., Coca-Cola, Omron Healthcare, F. Hoffmann-La Roche, and Medtronic, Inc.
Majority of Malaysians are suffering from stress related diseases which has stemmed from rising stress levels at work. Considering the serious implications of stress at the workplace, Malaysian organizations have considered the work related stress and psychosocial risks as part of their safety and health strategy. Managing stress at work has created a healthy work environment with more positive business performances that have improved drastically as the employees turned more productive.
The segregation and analysis of the health and wellness market includes fitness equipment, preventive, personalized health, wellness tourism, beauty and personal care products, health and wellness foods. With the growing population and realisation of the importance of healthy products, there will be a growing demand for more and more health and wellness products in the coming years that will further assist in market expansion.
Key Topics Covered in the Report
Malaysia Health Industry Future Outlook
Malaysia Health and Wellness Industry Trends
Malaysia Organic Products Market Analysis
Malaysia Competitors for Fortified Goods
Malaysia Fresh Vegetables Market Growth Opportunities
Malaysia Packaged Food Market Trends
Malaysia Energy Drinks Market Demand
Malaysia Herbal Products Market Demand
Malaysia Healthy Foods Market Revenue
Malaysia Healthy Beverages Market Analysis
Global Health and Wellness Market Research Report
To know more about the research report:
Related reports:
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204


Posted by at No comments:
Labels: , , ,

Friday, September 1, 2017

Investment in 5G Technology to Further Boost Japan Telecommunication Sector: Ken Research

Japan has amended the telecommunications business laws and the new laws are very stringent and transparent. Japan introduced several principles in all the areas of telecommunications market and also eliminated the restrictions on foreign telecommunications carriers. With the entry of foreign telecommunications lower prices were introduced and telecommunications services were expanded across the country.  The construction of telecommunications networks carriers in Japan made the regulatory frameworks more transparent.
The telecommunications category in Japan covers construction works of telephone/mobile exchanges, towers and communication cables construction including underground cables and optical fiber cables construction. It was observed that there is a fluctuation in the Japanese telecommunications construction market in the past years. The telecommunications construction in Japan involves new construction, repair and maintenance, refurbishment and demolition and the cost type includes construction materials, construction equipment and construction services.
Japan unified communications and collaboration (UC&C) is state-run telecommunications sector. Japan’s UC&C market is divided into four major categories based on solution types such as IP telephony market, collaborative applications market, IP conferencing system market, and IP contact center system market. These categories analyze the telecommunications market size and provide a forecast for each category. The stagnant growth in the IP telephony market driven by decreased replacement demand for enterprise voice infrastructure is the major reason for decreased growth in Japan UC&C market.
According to the report, “Telecommunications (Construction) in Japan: Market Analytics by Category & Cost Type to 2021”, IT suppliers in Japan are working together with partners to provide UC&C functions using cloud, strengthen integration between Cognitive/Artificial Intelligence systems and collaborative systems which helps in the growth of Japan UC&C market. Japan's telecommunications industry is supported by high-speed internet connections. Almost all the operators enjoyed success with consumers following multi-device strategies with abundant interest in advanced technology and digital applications. Japan’s economic slowdown may witness a downfall in the multi-device strategies and is also based on the consumers spending limit.
The future of the Japanese telecommunications market will be driven by the Internet of Things (IoT). Operators are rushing to use high technological base to encourage consumers to opt for higher-value digital services. LINE Corp is Tokyo-headquartered messaging app provider which has announced the launch of a low-cost smartphone MVNO services in Japan. It was stated that these new service will be open to a limited number of subscribers and will use the infrastructure of host network operator NTT DOCOMO.  KDDI in Japan lowered the smartphone fees by 20% to fight budget oriented consumers availing plans that offer up to 5GB of data and unlimited voice calling.
Japan’s mobile network operators (MNOs) such as NTT DOCOMO, SoftBank and KDDI are keen in investing into 5G technology that was nationwide target by 2023. The three MNO’s are launching new generation services commercially in 2020, the anticipated surge in interest for IoT and self-drive cars is expected to help fuel the rise in consumer spending. Nokia is signing a distributor agreement with Chugoku Electric Power Company-owned Energia Communications (EneCom) to sell its G.fast fixed ultra-broadband access technology in Japan.
Simple innovations such as advanced wearables and fully autonomous vehicles may take a few years to emerge. A drastic growth in smartphone usage was observed and is a continuing opportunity for all telecom sub-sectors, including wireless and wireline/broadband carriers, network equipment/infrastructure companies, and device manufacturers for positive growth. There is a huge investment in emerging areas and all the telecommunication companies are focused on connectivity-first which allowed carriers to strengthen their brand and networks.
The two major factors Japan’s telecommunication is focusing on are content and the internet of things (IoT). The delivering enhanced content to any type of screen is becoming a reality, enabled by advances in network technology, and higher speeds. The consumer oriented items comprising of the IoT includes wearables, connected cars, smart homes such as lighting, security, entertainment.
The government and enterprise connected items are smart businesses such as fleet management, and smart cities such as parking, city lighting, asset monitoring and tracking, and video security which are the areas of growth in the coming years. Japanese consumers demand for digital technologies that are easier to control their homes, cars and will help to drive incremental revenue in the ecosystem.
Telecommunication carriers in Japan focus on providing data and voice services that are high quality, reliable, and affordable. The carriers need to upgrade to their core connectivity infrastructure to fifth generation (5G) mobile networks and more funds are require for areas such as IoT, autonomous vehicles, industry verticals, M&A, and international expansion.
The availability of new technologies and innovations in Japan may make 2017 the year of digital transformation for the telecommunications sector. With the decrease in the Japanese population, the telecommunications sector is growing in leaps and bounds.
The telecoms sector in Japan will not be able to achieve rapid growth without upgrading their network infrastructures. All the telecommunications carriers care to develop advanced networks, offer improved and expanded services to customers through the use of mobile phones, network densification, installing more fiber infrastructure, and improving spectrum efficiency. All the telecommunication carriers are software-based network functions with technologies such as software defined networking (SDN) and network function virtualization (NFV). This software manages their networks more efficiently and effectively.
Japan Telecommunications mobile market has performed better in the year 2017 than the year 2016 and is expecting a positive growth in the coming years. Connectivity and mobility are well-established in the Japanese society with the ongoing changes and innovations in this sector will establish a positive growth in the telecom sector in the coming years.
Key Topics Covered in the Report
Japan Infrastructure and Construction Market Research Report
Japan Telecommunication Construction Industry Analysis
Japan Power Line and Telecom Infrastructure Market Analysis
Japan Cell Tower Construction Industry Future Outlook
Japan Telecom Projects Market Growth Opportunities
Japan Energy and Utilities Construction Market Size
Japan Electricity and Telecom Infrastructure Industry Trends
Japan Telecom Engineering and Consulting Services Sector
Japan Data and Telecom Infrastructure Market Revenue
Global Wireless Tower Construction Market Research Report
To know more about the research report:
Related reports:
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
Posted by at No comments:
Labels: , ,

UK Grocery Market to Intensify With the Advent of Rising Competition: Ken Research

Hypermarkets, supermarkets, mixed retailers, convenience stores and discounters are the distribution channels that have been long used by grocery retailers in United Kingdom. There are many non-store retailing channels which include vending, direct selling, internet retailing, home shopping etc. The distribution channel contributing the most to the grocery retailers market in 2016 has been the ‘discounters’ who have been expanding with an impressive value growth.
The consumers are also becoming increasingly price-conscious that has helped the discounters channel to grow. The discounters have well provided the cheapest products to consumers like lobsters being sold by Lidl at just GBP2.99. Another reason for the growth is that there is a focus on luxury discounting and also the store network of many of the leading companies is expanding.
J Sainsbury Plc, Aldi, Lidl Ltd, Tesco Plc and Marks & Spencer Plc are some of the leading grocery retailers in United Kingdom with the leader being Tesco Plc. The company uses a variety of distribution channels for selling its products including hypermarkets, supermarkets and convenience stores along with some forecourt retailers. The store also has came across a lot of price cuts recently which resulted in a loss in value share. The company also closed many of its underperforming stores and shifted its call centre operations in one place. This led to a further reduction in sales volume of the company. Despite all this, the company has been viewed recently to increase the workers’ pay by 10.5% which means they will now be more dedicated towards work and the company has also improved its maternity benefits. It feels this will help the company to acquire better talent as well as take better care of the needs of the employees. Even after the pay hike, Aldi has prolonged to be the highest paying grocery retailer in UK.
According to the report, “Grocery Retailers in the United Kingdom”, the recent developments have changed the market dynamics. There is increasing competition in the market with the coming in of German discounters which are gaining popularity rapidly. Currently, internet retailing of groceries is also capturing a larger market share.
United Kingdom is considered the most mature market for online groceries in the West but the share of internet selling is still very small. Ocado is the biggest online-only grocery retailer in the United Kingdom but is very far behind when compared to the online sales of major supermarkets. This scenario is expected to change with the acquisition of Whole Foods by Amazon. Amazon is an e-commerce giant which is expected to start selling groceries through physical stores. This will further augment the online sale of groceries as well as give tough competition to other companies with a physical presence.
The consumers have been seen as turning greatly price conscious. They are demanding better service, more value and greater convenience. The companies are trying to keep up with the changing consumer demands in order to retain and grow their consumers. Discounters, convenience stores and internet retailing are the three channels which are expected to grow rapidly in the future.
Many of the retailers are also focusing to aggressively market their brands especially via social media platforms. The growing competition may further lead to a reduction in prices offered by the grocery retailers. They may adopt product mixes of discount as well as premium priced products which will permit them to cater to demands by a wider consumer base in the coming years.
Key Topics Covered in the Report
UK Grocery Industry Trends
UK Grocery Market Research Report
UK Poultry Market Demand
UK Grocery Leading Retailers and Distributors
UK Online Grocery Market Revenue
Green Vegetable Market in UK
UK Frozen Foods Industry Demand
UK Grocery Industry Future Outlook
UK Online Grocery Retailing
To know more about the research report:
Related reports:
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
Posted by at No comments:
Labels: , , , , ,
Subscribe to: Posts (Atom)