Rise in Internet Usage Set to Increase Dairy & Soy Food Products Demand in Canada: Ken Research

Buy Now

Soy is a major ingredient in the food industry comprising of meat alternatives, dairy alternatives, grains, snacks, cereals, meal restoration, protein powders, and formulas. Meat alternatives made of soy are tofu, tempeh, vegetarian burgers and frankfurters, meatless luncheon slices, canned meat analogs, ground soy burger, and soy bacon. Various soy foods are soy sauce, tamari, soy nut butter, and miso etc. Soy dairy alternatives are soy milk, soy creamers, soy yogurts, tofu¬-based butter alternatives, soy whipped toppings, soy cheese, and non¬-dairy desserts. It is usually sold in bulk, fresh, frozen, and dried soybeans. Moreover dairy is a staple food and an essential part of the human diet. Dairy products are butter, cheese, milk, cream, yogurt, buttermilk, ice cream, and lactose-free dairy products etc.

According to study, “Top Growth Opportunities: Dairy & Soy Food in Canada” some of the major players that are currently working in the dairy & soy food in Canada are Saputo Inc, Agropur, Groupe Lactalis SA, The Kraft Heinz Co, Danone Group, General Mills Inc, Unilever Plc, Ultima Foods Inc, ConAgra Brands Inc, Gay-Lea Foods Co-Operative Ltd.

On the basis of category coverage, dairy & soy food market is segmented into butter & spreadable fats, cheese, dairy-based & soy-based desserts, drinkable yogurt, fromage frais & quark, milk, soymilk & soy drinks, and yogurt. On the basis of distribution data, the market is segmented into warehouse clubs, food & drinks specialists, hypermarkets & supermarkets, convenience stores, dollar stores, variety stores & general merchandise retailers and retailers etc. Hypermarkets & Supermarkets are popular channels for the delivery of dairy and soy food products in the country. On the basis of packaging data, the market is segmented into flexible packaging, paper & board, rigid metal, rigid plastics, and glass etc. On the basis of pack type, the market is segmented into the tub, bag/sachet, can, and carton - liquid, bottle, film, stand up pouch, wrapper, cub, aerosol, tray, and jar etc.

Canada Dairy & soy food market have many success factors include developing demand, distribution network, coordination, supply chain, just-in-time, small group activities and kiosks etc. Growth factors are driven by increased consumption, value increase due to the rising price of milk, resulting from the expansion of consumption occasion and consumers trading up to more premium options. Additionally reduced fat is the main driver of health & wellness concerns in the market. Some growth areas are the impact of changing population profiles, increase in private label products, new product development and the growth of premiumization etc.

The rising internet diffusion and ease of online transactions are the key factors driving the growth in dairy and soy foods online platforms. Canada’s e-commerce in dairy and soy food category is convenient and saves time with easy payment options, thus exposing a wide range of dairy alternatives.

In recent years, dairy and soy food is witnessed due to various factors such as advanced technological developments, increasing growth opportunities, market projections, rising internet penetration and ease of online transactions etc.

The Dairy & Soy Food sector in Canada is forecast to grow at 3.8% CAGR in value terms during 2016-2021. The dairy production capacity is likely to expand further on account of rising demand for dairy products in Country. The per capita consumption in the milk market is noticeably higher compared to other markets. In 2018, the market value of the Canadian dairy industry amounted to approximately 11.45 billion Canadian dollars and is forecast to increase to 11.65 billion dollars by 2019. In the upcoming years, it is estimated that the Canadian dairy & soy food market will be increase instantly.

To Know More, Click On the link below:-

https://www.kenresearch.com/food-beverage-and-tobacco/dairy-products/top-growth-opportunities/157251-11.html

Related Reports:-

https://www.kenresearch.com/food-beverage-and-tobacco/dairy-products/dairy-soy-food-us/156636-11.html

https://www.kenresearch.com/food-beverage-and-tobacco/dairy-products/dairy-soy-food-uk/156635-11.html

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249

Used Car Sales Volume in UAE is Driven by Rising Demand for Used Super Cars, Convertible and Luxury Sedan and Improved Transparency in Arriving at Final Price along with Company Warranty and Finance Options : Ken Research

Road and Transport Authority (RTA) decided to starts an online service which will help the car buyers to get the complete vehicle service history for AED 100.

According to Ken Research report titled “UAE Used Car and Auto Classified Market Outlook to 2022 – By Revenue Streams (Commission, Paid Listings, Banner Advertisement), By Export and Domestic Sales” most car dealership exist in clusters, however the big players in the market have expanded outside their clusters in order to reach out to the customers easily. Prices, value added service, and brand reputation are expected to continue to remain the key parameters for deciding the market leader. Other factors that are expected to have positive impact on the revenue generated in the market include demand for antique and supercars in domestic market, easy availability of financing and declining age of used cars.

Positioning of Used Cars Market in UAE

The market for used car is in consolidation phase in UAE. It has witnessed a positive CAGR in the past five years (2012-2017) even though the new car sales have followed a dome shaped curve. The growth was mainly driven by improving quality of used cars, better post sales services and improved documentation assistance for large number of expatriates and others factors. The passion for cars especially in antique and super/luxury car segment in the country is one of the biggest reasons that more players are entering the market. The market witnessed entry of few new players which has altered the competitive landscape in the last few years.

The market is driven by both domestic as well as export sales. The share of export of sales is more than domestic sales. In domestic sales, B2B/B2C dealership has the majority share while Crossover has the majority of used car sales volume. Japan based manufactured cars contributed the largest sales.

Regulatory Changes and Transparency in Operation to Drive the Used Car Market

There have been a number of regulatory changes such as implication of VAT that has impacted the market. Some of the key challenges that exist in the market such as price discrepancy, lack of standardization poor knowledge about history of car, lack of access to professional help for evaluation are being in the process of elimination and it is expected to have positive impact on sales of used cars.

Companies Covered:-

Used Car Dealerships:

Sellanycar.com, Al-Futtaim, Arabian Automobiles, Al Naboodah, Elite Cars, Al Tayar, Carswitch.com.

Classified Used Car Retailing Websites

Carmudi, Yalla Motors, Dubizzle

Key Segments Covered:-

By Type of Regions:- Dubai, Sharjah, Abudhabi, Umm Al Quwain, Ras Al Khaimah, Fujairah, Ajman

By Sales Channel: B2B/B2C Dealers, C2C Classifieds

By Type of Cars:- Crossover, Luxury SUV, Full Size Sedan, Premium Sedan, Luxury Sedan, Full Size SUV, Convertible, Super Car, Coupe, Entry Level Sedan, Hatchback, Luxury Hatchback, Pick-Up Trucks

Key Target Audience:-

Used Cars Dealerships

Classified Used Car Retailing Websites

Used Car Buyers

Used car Sellers

Keywords Covered In this report:- Average Price Used Car UAE, Car Ownership Period Used Car UAE, Inspection Used Car UAE, Best Selling Used Car UAE, Online Used Car Sales UAE, Auto Paid Listing UAE, Export Used Cars UAE, Dubai Used Car Market, Sharjah Used Car Industry, Preowned Car Market Abu Dhabi, Used Car Market UAE, Sellanycar.com Revenue UAE, Al Futtaim Revenue UAE

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

https://www.kenresearch.com/technology-and-telecom/it-and-ites/uae-used-car-auto-classified-market/170500-105.html

Related Reports:-

https://www.kenresearch.com/technology-and-telecom/it-and-ites/philippines-online-classified-market-report/106129-105.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/russia-used-car-market/146656-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/indonesia-used-car-report/79410-100.html

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

Growing Landscape Of The Global 3d Printing Devices, Services And Supplies Market Outlook: Ken Research

According to the report analysis, ‘3D Printing Devices, Services And Supplies Global Market Opportunities And Strategies To 2022 Including: Aerospace 3D Printing Devices, Services And Supplies, Healthcare 3D Printing Devices, Services And Supplies, Automotive 3D Printing Devices, Services And Supplies, Industrial 3D Printing Devices, Services And Supplies, Jewelry 3D Printing Devices, Services And Supplies, Energy 3D Printing Devices, Services And Supplies Covering: 3D Systems Corporation, Arcam AB, The ExOne Company, Stratasys Ltd., EOS GmbH Electro Optical Systems, EnvisionTEC, Materialise NV, XYZprinting, SLM Solutions Group AG, and M3D’ states that some of the major companies which are currently functioning in this domain more actively in the respective region for attaining the highest share across the globe by doing more innovations in the specifications of the technology includes Autodesk, Inc., Carbon3D, Inc., GE Additive, Formlabs Inc., 3D Systems, HP Inc., Organovo, Stratasys, Ltd., Protolabs, ExOne, Materialise NV, Titomic Limited, Altem Technologies Private Limited, Imaginarium, Sichuan Revotek, Winsun, Prismlab China Ltd, Kabuku Inc., Ultimaker, voxeljet AG, SLM Solutions Group AG, Renishaw plc, Materialise NV, Spetsavia, Zortrax S.A., Materialise NV, Prusa Research s.r.o., Craftunique Kft., Apis Cor, Materialise NV, Sethi3D, EnvisionTEC, 3D Systems, Stratasys, Ltd., Nano Dimension, Paradigm 3D, IRIS 3D SOLUTIONS, Sinterex, Kemiq, Sizan Company, Aerosud, Rapid 3D, and Metal Heart. Whereas, the key players are doing effective job for acquiring the highest share by defeating the growing demand of potential buyers across the globe.

In the recent trend, the 3D printing devices are gaining effective attention from the various industries. As the 3D printing is used in both additive manufacturing and rapid prototyping. By using digital model data from a 3D model or any other electronic data source as an additive manufacturing film the objects can be of almost any structure or dimensions. In the history, the first commercial 3D were introduced in the early 1990s, and the since early 2000s, 3D printing technology has changed significantly in terms of variety, quality of materials, ability to create complex objects, price, accuracy, appropriateness for office environments and ease of use. Until recently, the term 3D printing has been connected with the machines low-end in price or in ability. Both the terms reveal that the technologies share the theme of material addition or linking throughout a 3D work wrapper under automated regulator. Moreover, the key players are doing effective development in this technology for attaining the high growth and effective share which further lead the high market growth more actively.

3D printing is already exchanging the traditional prototype development methodologies across the various industries which involves aerospace and defense, architecture, electronics, footwear, automotive, medical, educational institutions, toys entertainment and government, underlining its potential appropriateness for an even wider range of industries. Moreover, on the basis of geography, the market of 3D printing devices is spread across the globe which involves North America, Asia Pacific region, Western Europe, Eastern Europe, South America, Middle East, Africa and rest of the world. Meanwhile, in 2015 the market of 3D printing devices, services and supplies across the globe was worth at around USD 5.5 billion and is anticipated to reach around USD 27.0 billion in 2022, rising at an effective CAGR of approximately 25% in the forecasted period of 2016 to 2022.

The global market for 3D printing devices, services and supplies will grow more actively in the coming years over the decades as 3D printing has the ability to decrease the tooling costs and accelerate the lead time and regulatory submissions considerably when compared to the predictable methods.

To know more, click on the link below:

https://www.kenresearch.com/technology-and-telecom/it-and-ites/3d-printing-devices-/167282-105.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com

+91-9015378249

Increase in Competition between Operators to Drive Panama - Telecoms, Mobile and Broadband Market: Ken Research

In Panama, telecommunication sector is privatized in 1998. There are telecommunication includes radio, television, fixed and mobile telephones and the Internet. Panama has an excellent telecommunications infrastructure, which includes broadband internet penetration, calling card availability, and public phone services.

According to study, “Panama - Telecoms, Mobile and Broadband - Statistics and Analyses” some of the major companies that are currently working in the Panama telecoms, mobile and broadband - statistics and analyses are Cable and Wireless Panama, Cable Onda, Claro, Optynex Telecom, Digicel, Movistar, Liberty Technologies, Wipet, Sky Panama.

In Panama, broadband market is classified into fixed broadband and mobile broadband. Broadband represents the majority of subscription. The fixed broadband market is served by a number of technology platforms including ADSL, fibre-to-the-home (Fttx), WiMAX and leased line. FttH provides high speed internet speed to the customers along with TV and telephone connection at reasonable rates. WiMAX makes up a significant proportion of total fixed broadband subscription. The development of national fixed broadband network is based on fibre.

In Panama, there are four mobile network operators, which are; cable & wireless (movil), Claro, digicel and movistar. Cable & wireless operator operates under a number of brands, including LIME, cable & wireless Panama and CWC business. Claro mobile network operator offers GSM-1900 (GPRS, EDGE), 850/1900 MHz UMTS and HSPA+. Digicel mobile network operator offers GSM-1800/1900 (GPRS, EDGE), 1900 MHz UMTS and HSPA+. Movistar.

In Panama, there are two regulatory authorities of telecommunication infrastructure: Autoridad Nacional de los Servicios Publicos (ASEP) and authority for consumer protection and defense of competition (ACODECO). ASEP regulatory authority provides licenses for radio frequency technology (approval and certification of import & commercialize) to utilizing many telecommunication products. Some type of products for requiring ASEP approval are transceivers, personal trackers, wireless microphones, mobile phones and radio alarms etc. ACODECO is a public body independent of the central government and comprises two directorates, one focused on consumer protection and the other on competition policies.

In an increasing dynamic environment, U.S. telecommunications operators continue to look for opportunities to extend the reach of their global networks in order to deliver the advanced telecommunications their customers demand. The U.S.-Panama Trade Promotion Agreement provides opportunity for U.S. operators to gain the legal certainty necessary to make significant investments abroad. Users of Panamanian telecom networks are guaranteed reasonable and nondiscriminatory access to Panamanian telecommunications networks. U.S. telecommunications companies are ensured the right to interconnect with Panamanian dominant carriers’ fixed networks at nondiscriminatory and cost-based rates. U.S. firms will be able to lease lines from Panama telecom networks on non-discriminatory terms and to re-sell most telecom services of Panamanian suppliers to build a customer base.

In 2017, the total revenue of mobile data sector market share 32% in Panama. In December 2017, liberty global created liberty Latin America (LLA) to manage the company’s Latin American and Caribbean businesses. In Feb 2018, LLA has since expanded through acquisitions, including the purchase of an 80% stake in Cabletica (Costa Rica). It is estimated that the market share will be increasingly 48% by 2022 led by growing smart-phones and 4G subscriptions and increasing adoption of higher value bundled plans with larger data limits. It is estimated that broadband for Central America project will be closed digital divide by 2020. It is also expected that 4G mobile subscriptions will overtake 3G as the leading technology from 2021 led by ongoing expansions of 4G LTE networks by operators, in country.

For more information, click on the link below:

https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/panama-telecoms-mobile-broadband/157055-105.html

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91 9015378249

Increase in Product Awareness and Change in Demographic Dynamics to Support the Food & Grocery Retailing in Denmark: Ken Research

Buy Now

The food and grocery retail market include the retail sales of all food products, both packaged and unpackaged, as well as beverages, tobacco, and household products. Food & grocery segment is the highest contributor to the retail sector with a minimum penetration of organized retailing. The Danish population is among the highest consumers of organic food and retailers are increasingly offering organically sourced produce to meet demand.

According to study, “Food & Grocery Retailing in Denmark, Market Shares, Summary and Forecasts to 2022” some of the major companies that are currently working in the food & grocery retailing in Denmark are Rema 1000, Dagli'Brugsen&Lokalbrugsen, Super Brugsen, Netto, Fakta, Fotex, Meny, Kvickly, Spar, Aldi.

On the basis of type, food and grocery retail market are segmented into unpackaged food, packaged food, drinks, tobacco, and household products. Packaged food type is sub-segmented into bakery & cereals, canned food, chilled food, confectionery, dairy products, dried food, frozen food, ice cream, oils & fats, sauces, dressings & condiments, savory snacks, soup, and spreads. Unpackaged food type is sub-segmented into sales of unpackaged fruit, vegetables, meat, and grains. Drink type is sub-segmented into soft drinks, hot drinks, and alcoholic drinks. Tobacco type is sub-segmented into cigarettes, cigars & cigarillos and loose tobacco. Household products are sub-segmented into air fresheners, bleach, dishwashing products, and furniture cleaning products, general-purpose cleaners, insecticides, paper products, scouring products, textile washing products, and toilet care products. On the basis of category, the market is segmented into dry food grocery, milk & dairy food, spices, fresh category, perishables, and beverages. On the basis of the distribution channel, the market is segmented into supermarkets, hypermarkets, discounters, small grocery retailers and specialist retailers. On the basis of the end consumer, the market is segmented into key buyers, food and grocery product manufacturers, farmers, and agricultural cooperatives.

Some opportunities for food & grocery retailing are rising disposable income, rising consumerism, demographic dynamics, marketing exposure, increase in dual income, urbanization and largely untapped market, plastic revolution and easy mobility etc. Some threats are included new customer & rapidly changing taste & fashion, competition, frauds in retail, high real estate cost, international standards, and fluctuation in trade cycles. Some strength is involved better layout of stores & products, contribution to employment generation, reduction in intermediaries & efficient supply chain, modern technology adaption, government revenue, consumer well-being, cost-effective and availability of product & raw material. Additionally, some of the weaknesses are an inconsiderable regulatory framework, lack of infrastructural development, limited consumer insight lack of skilled & trained workforce and ineffective complaint handling system etc.

In 2017, there were 1,496 grocery discounters in Denmark. Increasing demand for organic food drives the food & grocery sector. Hypermarkets are leading distribution channel of these sector sales. In 2018, revenue in the food & grocery segments amounts to US$477m, which shows an annual growth rate of 11.7%, is resulting in a market volume of US$742m by 2022. This sector’s user penetration rate is 13.3% and is expected to hit 15.6% by 2022. Denmark retail market is forecasted to grow at a CAGR of 2.3% during 2017-2022. Rema 1000 is the largest player in a consolidated food & grocery market. Additionally, increased consumer demand for more convenient shopping options will boost online food and grocery sales through the end of the decade.

To Know More, Click On the link below:-

https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/food-grocery-denmark-market/157388-95.html

Related Reports:-

https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/food-grocery-saudi-arabia/157398-95.html

https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/food-grocery-belgium-market/157383-95.html

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249

Changing Dynamics Of The Haircare In The Philippines Market Outlook: Ken Research

In the recent past years, the personal and beauty care products in the Philippines experienced an effective growth and benefiting with the favorable economic policies and condition and development in the retailing industry with the significant change in consumer behavior. According to the report analysis, ‘Country Profile: Haircare in the Philippines’ states that the Filipino hair segment is led by the shampoo category in value terms, while the styling agents sector is anticipated to account the positive growth during 2017-2022. Moreover, with the growing penetration of reasonable salon facilities competed with the highest potential for increase in hair care. Whereas, the landscape of haircare in the Philippines is segment on the basis of category, price and location. The key players are adopting the effective technologies for producing the products related to haircare at a reasonable price which is benefitted for both the consumer and retailer.

The market of haircare in the Philippines having so many distribution channel in which the key players playing effective role by facilitating the strategies and policies for attaining the highest share by defeating the growing demand of potential buyers. Whereas, in this market there are some key players which are recently working in this sector more actively by providing effective products to the consumers and introducing new products for gaining more attention involves Unilever, Colgate-Palmolive Company, Procter & Gamble, L’Oreal S.A., Coty Inc and several others. For instance, Unilever, Procter & Gamble and Colgate-Palmolive Company are the key leading players in the Filipino haircare segment. Whereas, these key players are distributing their products with the help of several distribution channel  for gaining the handsome amount of share and increasing the demand across the globe  involves department store, health & beauty stores, cash & carriers and warehouse clubs, convenience stores, hypermarkets & supermarkets, vending machines, variety store & general merchandise retailers, e-retailers and several others. For instance, the Hypermarkets & supermarkets is the leading distribution channels in the Filipino hair care segment.

In 2017, the per capita consumption of haircare was huge in the Philippines compared to the regional level. Moreover, the significant increase in the disposable income and development in the lifestyle drive the market growth more actively in the near future. The key players are doing effective packaging with attractive material for dominating the huge amount of share and increasing the demand of the haircare products such as rigid plastics, flexible packaging, rigid metal, glass, bottle, tube, jar and several others while, the flexible packaging is the most commonly used as a packaging material in the Filipino haircare segment.

In the period of 2017-2022, in value terms, the shampoo category is anticipated to gain share. Moreover, in 2017, the Cream Silk is the prominent brand in the Filipino haircare sector with a value share of 18.5%. On the basis of user the women are the major consumer of the haircare products as compared to the men in the Philippines and growing penetration of women and development in the lifestyle will also leading the market growth more actively in the near future over the decades.

To know more, click on the link below:

https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/country-haircare-philippines/157237-95.html

Related Report:-

https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/country-haircare-malaysia/157234-95.html

https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/country-haircare-uk/157248-95.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com

+91-9015378249

Necessity of Broadband Services in Nicaragua: Ken Research

Nicaragua is the largest and least densely populated country in Central America. The telecommunications sector in Nicaragua is fully privatized. Its telecoms market has poor economic achievements, with fixed-line teledensity and mobile penetration. It includes radio, television, fixed & mobile telephones, and the internet.

In Nicaragua, there are three fixed network operators: America Movil (Claro), Movistar (Telefonica) and Yota Nicaragua. America Movil and Movistar companies dominate the telecommunication market in country. They supply various services and products which include: cell, conventional lines, internet and cable television and as well as offers their customers a variety of offers and promotions to remain in the company. In the mobile sector, Movistar holds almost one third of the market, but in the fixed-line sector, it has only about 10% market share. Additionally, Yota is the first 4G internet company in country. Some other operators Russian state corporation Rostejnologuii and IWB holding are also operating in telecommunication market in country.

According to study, “Nicaragua - Telecoms, Mobile and Broadband - Statistics and Analyses” some of the major companies that are currently working in the Nicaragua telecoms, mobile and broadband - statistics and analyses are America Movil, Movistar, Yota de Nicaragua, Xinwei.

In Nicaragua, the development of broadband services had a significant positive impact. Broadband market is segmented into fixed broadband and mobile broadband. Broadband represents the majority of subscription. The fixed broadband market is served by a number of technology platforms including ADSL, fibre-to-the-home (Fttx), WiMAX and leased line. FttH provides high speed internet speed to the customers along with TV and telephone connection at reasonable rates. WiMAX makes up a significant proportion of total fixed broadband subscription. The development of national fixed broadband network is based on fibre.

There are many telecommunication services provided, which are; public interest services, general interest services, special interest services, particular interest services and unregulated services etc. Public-interest services are basic telephone services offered under specific operating conditions and regulated rates on a regular, continuous, equal and fair-price basis. General interest services include mobile telephony, broadcast or subscription television and data transmission. Special interest services include mobile radiolocation of persons, trunk-link services, radiodetermination, earth stations and teleport for satellite communications. Particular interest services include telecommunications services provided by a natural or legal person to meet their communication needs, using their own licensed networks or facilities. Unregulated services include value-added services such as e-mail, voicemail, information services, access to databases and store and forward fax.

The telecommunications and postal services (TELCOR) is the telecom regulatory authority. TELCOR facilitates and regulates the provision of services that generate communications, acting as regulator of the activity, encouraging and stimulating the participation of individuals and intervene when necessary to ensure the universal access to information. TELCOR regulatory provides license to all telecommunication equipment. The licensing procedures mean Submitted application form along with some documents such as basic agreement of non-governmental-organization (NGO) and power to the national representative of the organization.

Nowadays, Nicaraguan communications regulator TELCOR is preparing to update the country’s general law of telecommunications. In addition, World Bank is also funding the Caribbean regional communications infrastructure program to improve broadband in Nicaragua's eastern regions. In 2018, Telefonica is planning to deploy a 3,158 mile fibre cable covering Central America and Mexico to Panama via Guatemala, El Salvador, Nicaragua and Costa Rica.

 It is estimated that Mobile data revenue will expand at the fastest CAGR of 13.0% over 2017-2022 driven by LTE network expansion along with the rising demand for high-speed mobile data and increased availability of LTE-enabled smart-phones. It is also expected that the rollout of a national fiber-optic network, backed by international organizations, will drive access to fixed broadband in the country.

For more information, click on the link below:

https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/nicaragua-telecoms-mobile-broadband/3836-105.html

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91 9015378249

UAE Used Car and Auto Classified Market Outlook to 2022: Ken Research

The report titled “UAE Used Car and Auto Classified Market Outlook to 2022 – By Revenue Streams (Commission, Paid Listings, Banner Advertisement), By Export and Domestic Sales” provides a comprehensive analysis on the UAE used car dealership and auto classified companies. The report covers various aspects including used car sales volume, transaction value and net income of dealers and classifieds; market segmentation by region (Dubai, Sharjah, Abu Dhabi, Umm Al Quwain, Ras Al Khaimah, Fujairah and Ajman), by Sales channel (B2B/B2C Dealership, Classified, C2C word of mouth) and by revenue streams, growth drivers, challenges, key regulations, market share of major dealers and classified companies, future outlook and analyst recommendation.

This report will help the readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for UAE car dealerships, auto and horizontal classified portals, potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

Market Size

The market of used cars in UAE is in the maturity stage and has grown constantly in the last few years. The market size by transaction value has registered a single digit growth in the last 5 year with an increase in the volume and average price of the pre-owned cars and reduction in average car ownership period. The market has slowed down after 2015 as the fall in oil prices had an adverse effect on the overall economy of UAE resulting in decrease in demand for cars. Improving quality of used cars, large number of expatriates, demand for new and luxury cars along with improving economic condition are some key growth drivers in the market. There are a number of challenges that exist in the market that needs to be addressed including price discrepancy, lack of standardization and others. The passion for cars in the country is one of the biggest reasons that more dealers are entering the market. Manufactured certified cars are gaining foothold in the market as they provide reliable quality of cars.

Market Segmentation

Majority of the pre-owned cars are exported outside UAE to nearby GCC and African nations. Domestically, B2B and B2C dealers contributed majority to the sales channel apart from sales via classified and C2C word of mouth channel.

Out of pre-owned car sales volume, Crossover contributed to the majority sales followed by luxury SUV, full size sedan and premium sedans. SUV are one of the most common types of cars that are sold in the market. Luxury SUV, Full Size Sedan, Premium Sedan, Luxury Sedan, Full Size SUV, Convertible, Super Car, Coupe, Entry Level Sedan, HatchBack, Luxury Hatchback, Pick-Up Trucks are some other popular segments.

The Japanese manufactured cars enjoy the market leadership in used car sales volume followed by German manufactured cars and American manufactured cars. Demand for cars from other parts of the world is much lower.

The country is divided into seven emirates (Dubai, Sharjah, Abu Dhabi, Umm Al Quwain, Ras Al Khaimah, Fujairah and Ajman). Dubai has the highest market share in sales volume followed by Sharjah and Abu Dhabi.

Competition Scenario

The competition in the market is highly fragmented as there are many players in the market. Most of the big dealerships use both classified portals and Word of mouth channels for promotion. There are more than 400 dealerships in the market. Al-Futtaim, Al- Naboodah, Gargash motors and Elite cars are some of the biggest players in the market.  Classified portals have grown in number and currently there are more than 40 classified portals in the market. Dubizzle, Carmudi, Alba Cars and Yalla motors are some of the biggest classified players in the market. Sellanycar and Al Futtaim are the market leaders with majority of the market share in the region. Mostly car dealership exist in clusters however the big players in the market have expanded outside their clusters in order to reach out to the customers easily. The companies compete with each others on the basis of prices; value added service, brand reputation and others. Many companies are trying to attract the customers through sales promotion offering discounts, inspection reports and value added services. The car dealers generate revenue by buying a car at low price, refurbishing the car and selling the car at markup prices. The dealerships are expanding their retail space as the aesthetics and decorum of the retail outlet are few parameters which the dealerships are expected to use to differentiate themselves from the competitors.

Future Outlook

The market size by transaction value is expected to grow at a faster pace at double digit growth rate as compared to volume growth in next 5 years. Rise in demand for high value cars or super cars is the key reason for higher rise in revenue as compared to volume. Revival of the country’s economy, improving quality of cars, increasing competition and declining age of used cars are some of the factors which will help the market to grow in the future both in terms of value and volume. A number of operational and marketing changes are expected to happen in the market as the companies are becoming more customers centric. The domestic market sales are expected to grow at high rate as compared to export sales between 2017 and 2022. Sharjahis is expected to register highest growth in volume sales followed by Dubai and Abu Dhabi, the demand in other emirates is expected remain constant.

Key Segments Covered:-

By Type of Regions:- Dubai, Sharjah, Abudhabi, Umm Al Quwain, Ras Al Khaimah, Fujairah, Ajman

By Sales Channel: B2B/B2C Dealers, C2C Classifieds

By Type of Cars:- Crossover, Luxury SUV, Full Size Sedan, Premium Sedan, Luxury Sedan, Full Size SUV, Convertible, Super Car, Coupe, Entry Level Sedan, Hatchback, Luxury Hatchback, Pick-Up Trucks

Key Target Audience:-

Used Cars Dealerships

Classified Used Car Retailing Websites

Used Car Buyers

Used car Sellers

Time Period Captured in the Report:

2012-2017 – Historical Period

2017-2022 – Future Forecast

Companies Covered:

Used Car Dealerships: Sellanycar.com, Al-Futtaim, Arabian Automobiles, Al Naboodah, Elite Cars, Al Tayar, Carswitch.com.

Classified Used Car Retailing Websites:- Carmudi, Yalla Motors, Dubizzle

Key Topics Covered in the Report:-

UAE Used Car Market Value Chain Analysis

UAE Used Car Market Size, 2012 – 2017

UAE Used CAR MARKET Segmentation

SWOT Analysis For UAE Used Car MarketIssues and Challenges in Switzerland Telemedicine Market

Challenges and Restraints in UAE Used Car Market

Company Profiles of Al-Futtaim group, Arabian Automobiles, AL Tayer Group     , Elite Cars, Al-Naboodah, Dubizzle.com, SellAnyCar.com, Carmudi, Yalla Motors

Porter Five Forces Analysis of UAE Used Car Market

Competitive landscape in UAE used car market

Analyst Recommendations

Macroeconomic Factors in UAE used car market

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

https://www.kenresearch.com/technology-and-telecom/it-and-ites/uae-used-car-auto-classified-market/170500-105.html

Related Reports:-

https://www.kenresearch.com/technology-and-telecom/it-and-ites/philippines-online-classified-market-report/106129-105.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/russia-used-car-market/146656-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/indonesia-used-car-report/79410-100.html

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