Monday, August 5, 2019

Portugal Logistics and Warehousing Market Outlook to 2024: Ken Research

The report titled “Portugal Logistics and Warehousing Market Outlook to 2024 – By Land (Road, Rail, Pipeline), Sea, Air Freight Forwarding (Domestic and International Freight), Courier and Parcel, Warehousing, Cold Transport and Storage, Third Party/ Contract Logistics (3PL) and E-Commerce Logistics” provides a comprehensive analysis of the logistics space within Portugal. The report focuses on Portugal freight forwarding market size, Portugal freight forwarding market segmentation by mode of service (land transport and via pipelines, sea freight and air freight), by international freight and domestic freight, by flow corridors (Asia, Europe, Africa, America and others), by 3PL logistics and integrated logistics, by end users (food and beverages, healthcare, retail, automotive- spare parts, components and others), by different modals (unimodal and multimodal transport). The report provides Portugal courier and parcel delivery market size, market segmentation by international and domestic shipments, by air express and road express, by delivery period (one day delivery, two day delivery, three day delivery and more than three day delivery), by intra city and intercity shipments, by market structure (B2B, C2C and B2C), by regions (Lisbon, Porto, Gaia and others); Portugal E-commerce logistics market size, Portugal E-commerce logistics market segmentation by delivery period (within 2 hours, within 24 hours delivery, 2-3 day delivery and others); Portugal 3PL market size, Portugal 3PL market segmentation by market (freight forwarding and warehousing); Portugal cold chain market size, Portugal cold chain market segmentation by cold storage and cold transportation; Portugal warehousing market size, Portugal warehousing market segmentation by business model (industrial / retail freight, container freight, cold storage, agriculture and others), by regions (Sines, Lisbon, Porto and others), by type of warehouses (closed warehouse, open warehouse and cold storage), by 3PL and integrated warehouses and by end users (food and beverages, automotive, consumer retail, healthcare and others). The report also covers overall competitive landscape; government role and regulations, SWOT analysis, growth drivers, trends and developments. The report concludes with market projection for future and analyst recommendations highlighting the major opportunities and cautions.

Portugal Logistics and Warehousing Market Overview and Size
Portugal logistics and warehousing market has witnessed positive growth over the past few years owing to increase in investment by the government for development of logistics infrastructure, growing E-commerce and rising exports. The revenue generation had decreased in the year 2015 due to the instability felt in Europe which increased levels of economic uncertainty along with “Brexit” which affected the market. The market has seen an upward trend since then due to the economic stability and continued till 2018. The investment in the logistics sector was one of the key initiatives which bolstered the growth of the sector between 2016 and 2018, including the development of transportation infrastructure, the increase in the capacity of the major Portuguese ports such as expansion of the container terminal at the port of Leixões and the expansion of a container terminal in Sines, and the modernization of the rail freight sector.

Portugal Freight Forwarding Market
Portugal freight forwarding market grew at a positive CAGR during the review period 2013-2018, driven by increase in infrastructure investments and increase in exports. On the other hand, it was observed that road freight and air freight had dominated in terms of revenue in 2018 which further led to expansion of freight forwarding services in Portugal during the above period. Road freight was observed to be the most preferred mode of transportation due to the development in the road infrastructure and relatively cheaper prices as compared to the other modes of transportation; followed by air and sea freight. Land transport has transformed with integration of multiple technologies such as RFID tools are used to track goods delivery. telematics (in-built sensors and remote diagnostics techniques), Electronic toll collection on highways (used in busy intermodal transfer points to avoid traffic congestion) and platooning technology which helps improve driving and fuel efficiency. International freight dominated the Portugal freight forwarding market in terms of revenue. Asian and European flow corridors were observed as the largest contributor in terms of revenue in Portugal freight forwarding market. FMCG and automotive industries in the country played a significant role, especially for the domestic market. The freight forwarding market in Portugal is expected to incline in future, driven by rise in trading in the country, surge in E-commerce industry along with continuous investment by the government in developing the logistics infrastructure in Portugal.

Portugal Courier and Parcel Services Market
Portugal courier and parcel services market grew at positive CAGR in terms of revenue during the review period 2013-2018 due to the rise in E-commerce industry coupled with rising customers demanding express delivery for their shipments. The products that are majorly transferred through express delivery include documents, fashion and retail, Toys, Hobby & DIY and others. In terms of delivery, one day delivery has dominated the courier and parcel services market in terms of revenue as Portugal being a small country takes relatively lesser amount of time for delivery within the country. Portugal courier and parcel services market is expected to increase at a positive CAGR during the forecast period 2019-2024. The consistently growing E-commerce industry will drive the courier and parcel market owing to the rising demand of express delivery services especially in the Business to Consumer segment.

Portugal Warehousing Market
The warehousing market is at a growing stage as many freight forwarders are setting up their warehouses in Portugal. The logistics market has been mainly driven by major Portuguese large distribution retailers as well as transport companies, the latter undertaking a relevant share of logistics operations, as only a few number of worldwide logistics operators are present in the country and usually have a small footprint. The regions of Porto and Lisbon have the highest number of warehouses. Expansion of ports and manufacturing companies are further expected to drive the warehouse market revenues in the coming future. Increasing prominence of online shopping will increase the size of E-commerce industry in the country. Multiple emerging E-commerce companies would require warehousing facilities to store / stock their products thereby, creating a positive impact for warehousing space in Portugal.

Portugal Cold Chain Market
Portugal Cold Chain market has expanded majorly due to rise in the demand for perishable items, growth of international trade due to trade liberalization and expansion of food retail chains by multinationals. In addition, government support for infrastructural development fuels the demand in the cold chain industry. The geographical location of Portugal has aided the overall market growth majorly due to good connectivity with European and Asian region. The number of companies offering cold chain services in Portugal is further anticipated to increase in the near future. As a result of which, new logistics players will begin to operate in multiple verticals therefore, intensifying competition within Portugal.

Portugal E Commerce Logistics Market
E-Commerce Logistics market grew at a double digit CAGR in terms of revenue as well as in the number of orders during the period 2013-2018 majorly due to growth in digital technology, rise in cross-border e-commerce and rising internet penetration in the country. Portugal’s E-commerce logistics market is poised for strong growth in the coming years.

Portugal Third Party/ Contract Logistics Market
Third-party logistics (3PL) outsourcing has been witnessed to gain prominence as increasing number of corporations across the world are unable to manage their complex supply chain services and are forced to outsource logistics activities to the 3PL companies. Previously, 3PL service providers in Portugal offered services such as transportation, brokerage, and shipping whereas; now mostly web-based entities have emerged with better supply chain integration. Third Party Logistics (3PL) have dominated the freight forwarding market of Portugal in 2018 as majority of the companies prefer to undertake third party logistics for providing freight forwarding solutions to their clients.

Comparative Landscape within Portugal Logistics and Warehousing Market
Competition stage within freight forwarding market was observed to be highly fragmented along with the presence of major national and international players such as DHL Portugal, Abreu Cargo, TAP, Garland and many more. The competition has intensified as domestic and international players are focusing on increasing their presence in the country. The companies in the country are competing with each other on the basis of price, technological advancement, expertise knowledge, fleet size, value added services and supply chain management.

The courier and parcel market along with E-commerce logistics industry of Portugal was observed to be highly concentrated with the presence of major players such as DHL Express, FedEx express, UPS, CTT and others covering around majority of the market share in the year 2018. These companies were witnessed to compete on parameters such as shipping points, coverage area, prices, delivery boys, payment collection methods and associations with E-commerce merchants.

Portugal warehousing industry was observed to be highly fragmented with the availability of large number of large and medium scaled warehousing companies spread across the country. The market encompasses a mix of unorganized and organized players. The companies in the country are competing with each other on the basis of the size and location of the warehouse, rent rates/taxes, type of warehouses and technologies.

Portugal Logistics and Warehousing Market Future Outlook and Projections
Portugal logistics and warehousing market is expected to incline in future at a positive CAGR during the forecasted period 2019-2024, due to rise in trade and demand for fresh fruits and vegetables which will further incline the country’s express logistics market. Growing E-commerce operations has given opportunities to logistics players in order to expand their business operations across the nation and it will further enhance the demand of logistics in the coming years. The Government plan largely aims to advance Portugal’s competitiveness through the establishment of several projects such as developing seaports, airports, roads and railways which will in-turn directly lead to the rise in logistics activities in the country. Expansion of ports and manufacturing companies are further expected to drive the warehouse market revenues in the coming future. In addition to that, increasing prominence of online shopping will increase the size of E-commerce industry in the country.

Key Segments Covered
By Services
Freight Forwarding
Warehousing
Courier and Parcel Activities
Value Added Services

Portugal Freight Forwarding Market
By Mode of Service (Freight Volume, Revenue Generated)
Road Freight and Transportation through Pipelines
Sea Freight
Air Freight

By Mode of Freight
Domestic Freight
International Freight

By Flow Corridors
Asian Countries
European Countries
African Countries
Others (American, Australian Countries and many more)

By 3PL/ Contract Logistics and Integrated
Contract Logistics
Integrated Logistics

By End Users
Food and Beverages
Healthcare
Retail
Automotive (Spare Parts, Components)
Others (Dangerous Goods and Chemicals)

By Different Modals
Multimodal
Unimodal

Portugal Courier and Parcel Logistics Market
By International and Domestic Express
International Express
Domestic Express

By Air and Ground Express
Air Express
Ground Express

By Delivery Period
One Day Delivery
Two Day Delivery
Three Day Delivery
More than three Day Delivery

By Inter and Intra city
Intra City
Inter City

By Market Structure
B2B
B2C
C2C

By Region
Lisbon
Porto
Gaia
Others

Portugal Warehousing Market
By Business Model
Industrial /Retail Container
Freight /Inland Container Depot
Cold Storage
Others

By Region
Sines
Lisbon
Porto
Others

By Type of Warehouses
Closed Warehouse
Open Warehouse
Cold Storage

By 3PL and Integrated
Contract Logistics Warehousing
Integrated Warehouse

By End Users
Food and Beverages
Automotive (Spare Parts, Components)
Consumer Retail
Healthcare
Others

Portugal Cold Chain Market
By Storage and Transportation
Cold Transportation
Cold Storage

By Products
Food and Beverages
Pharmaceuticals
Meat and Sea Food
Confectionaries
Chemicals and Others

Portugal 3PL Market
By Service Mix
Freight Forwarding
Warehousing

Portugal E-Commerce Logistics Market
By Delivery Period
Within 2 hours
Within 24 Hours
2-3 Day Delivery
Others
Warehousing

Key Target Audience
Logistics Companies
Warehousing Companies
Freight Forwarding Companies
Express Logistics Companies
E-Commerce Logistics Companies
3PL Logistics Companies
E-Commerce Companies
Cold Chain Logistics Companies
Companies seeking Logistics Services
Companies seeking Warehousing Services
Companies seeking Courier and Parcel Services

Time Period Captured in the Report:
Historical Period: 2013-2018
Forecast Period: 2019-2024

Companies Covered:
DHL Portugal
Abreu Cargo
TAP
Garland
DB Schenker
FedEx
Rangel
DSV Portugal
TIBA
KUEHNE + NAGEL
LKW Walter
CEVA Logistics
Noatum Logistics
Kerry Logistics
Laso Transportes
Panalpina
Transcinco
Transitex
SEKO Logistics
DHL Express Portugal
FedEx Express
UPS Express
CTT
Urbanos
TNT Portugal
Logista (NACEX)
SEUR- DPD Group

Key Topics Covered in the Report
Executive Summary
Research Methodology
Introduction to Portugal Logistics and Warehousing Market
Portugal Logistics and Warehousing Market Infrastructure
Cross Comparison of Portugal Logistics and Warehousing Market with EU Countries
Portugal Logistics and Warehousing Market Size, 2013-2018P
Portugal Logistics and Warehousing Market Segmentation, 2013-2018P
Portugal Freight Forwarding Market, 2013-2024E
Portugal Courier and Parcel Market, 2013-2024E
Portugal E-Commerce Logistics Market, 2013-2024E
Portugal Third Party Logistics (3PL) Market, 2013-2024E
Portugal Cold Chain Market, 2018P and 2024E
Portugal Warehousing Market, 2013-2024E
Decision Making Process for Portugal Logistics and Warehousing Market
Regulatory Framework in Portugal Logistics and Warehousing
SWOT Analysis of Portugal Logistics and Warehousing Market
Trends and Developments in Portugal Logistics and Warehousing Market
Issues and Challenges in Portugal Logistics and Warehousing Market
Company Profiles of Major Players Operating in Portugal Logistics & Warehousing Market
Portugal Logistics and Warehousing Market Future Outlook and Projections, 2019E-2024E

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Increase in Demand from Flavors & Fragrances Industry Coupled with Low Oil Prices is Set to Drive Global Chemicals by End Use Market Over the Forecast Period: Ken Research

According to study, “Chemicals By End Use Global Market Report 2019” the key companies operating in the global chemicals by end use market are LyondellBasell Industries, China Petroleum & Chemical Corporation (Sinopec), Bayer AG, BASF SE, Dow Chemical, Indian Oil Corporation Ltd., Johnson & Johnson Services Inc., INEOS, Kurita Water Industries Ltd, LANXESS, LOreal, Merck KGaA, Lonza, Nipsea Group, Covestro AG, Dainichiseika Color and Chemicals Mfg Co. Ltd, Cytec Solvay Group, DuPont, Dow, DuluxGroup Limited.



The chemical by end use market is a fragment of the chemicals market. Chemicals by end use consist of sales of chemicals via organizations that produce chemicals. A chemical is a substance consisting of matter which includes any solid, liquid or gas. A chemical by end use is classified into different products based on their end use or application such as general chemical product, paints & coatings and soap & cleaning compounds.

Based on type, global chemical by end use market is segmented into general chemical product, toiletries, printing inks, soap & cleaning compounds, paints & coatings, adhesives, fertilizer, pesticide & other agricultural chemicals, plastic material & resins, synthetic rubber & fibers, industrial gas, ethyl alcohol & other basic organic chemical, synthetic dye & pigment, petrochemicals and others. Based on toiletries, market is segmented into lotions (sunscreens), face creams, hair preparations, shaving preparations, perfumes, other cosmetic preparations. Based on printing inks, market is segmented into oil-based printing inks, water-based printing inks and solvent-based printing inks. Based on soap & cleaning compounds, market is segmented into soap & detergent manufacturing, polish and sanitation goods manufacturing and surface active agent manufacturing. Based on paints & coatings, market is segmented into water borne coatings, powder coatings, solvent based coatings and others.

Based on adhesives, market is segmented into water-based, hot-melt-based, solvent-based, reactive and others. Based on fertilizer, market is segmented into nitrogen fertilizer and phosphate fertilizer etc. Based on pesticide & agriculture chemicals, market is segmented into herbicides, fungicides, insecticides and others. Based on plastic material & resins, market is segmented into polypropylene-plastic material & resins, poly-vinyl chloride, high-density polyethylene, polyethylene terephthalate, low-density polyethylene, polyurethane and polystyrene-plastic material & resins. Based on synthetic rubber & fibers, market is segmented into fibers, Polybutadiene (BR), Styrene Butadiene Rubber (SBR), Ethylene Propylene (EPDM) and others (IIR, TPR, CR, ABS, etc.). Based on industrial gas, market is segmented into hydrogen, carbon dioxide, helium, industrial nitrogen gas, acetylene, oxygen, argon and others. Based on ethyl alcohol & other basic organic chemical, market is segmented into synthetic sweeteners, ethyl alcohol manufacturing, plasticizers manufacturing, silicone manufacturing, gum & wood chemicals manufacturing and fatty acids manufacturing. In addition, based on petrochemical, market is segmented into ethylene-petrochemicals, benzene-petrochemicals, propylene-petrochemicals, xylene, toluene, styrene-petrochemicals and cumene.

The chemicals by end use market is driven by rise in demand of chemicals for industrial fabrics, followed by growth in the apparel market in developing economies, growth in conformity with latest manufacturing standards and increase in demand from flavors & fragrances industry. However, rise in popularity of bio-based alternatives, stringent environmental regulations and increase in the availability of cheaper substitutes may impact the market.

Based on geography, Asian-Pacific region holds major share, followed by North-American region in chemicals by end-use market owing to low oil prices in the region. It is estimated that the future of the market will be bright due to emergence of multinational chemicals companies over the forecast period.

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Indonesia Cold Chain Market Forecast to 2021: Ken Research


How Cold Chain Market is positioned in Indonesia?
The cold chain logistics is a temperature-controlled supply chain which stores perishable items especially food products, Biotech, and pharmaceutical items. These products require a controlled maintained temperature for the storage purpose. The products such as fruits and vegetables, meat and seafood, beverages and dairy products majorly require cold storage facility to store these products.
Indonesia Cold Chain Market

The Indonesia Cold Chain Market grew at a five-year CAGR of ~% from USD ~ billion in 2011 to USD ~ billion in 2016 due to the increasing contribution from the e-commerce industry with rising population opting for online grocery and food delivery, the surge in vaccines and temperature-controlled pharmaceutical product sales, demand of fruits and vegetable produce, dairy products, frozen foods and beverages.
The cold chain logistics market was dominated by cold storage in the country in 2016 with ~% revenue share. Cold transport has contributed a share of ~% in terms of revenues in the cold chain industry in Indonesia in 2016. Meat and seafood attributed ~% revenue share to Indonesia cold chain market. Vaccines and Other Pharma Products accounted for ~% revenue share, fruits and vegetables ~%, bakery and confectionery ~% and others ~%. The other products include cosmetics, eggs, animal feed, and other perishable items.
Cold chain market in Indonesia is a concentrated market. PT. Diamond Cold Storage, Maersk Line, Wahana and GAC are the leading companies in the industry. On the other hand, industries demanding cold storage facility include pharmaceutical industry and FMCG industry.
Which Is More Utilized – Cold Storage Or Cold Transport?
The cold chain logistics market was dominated by cold storage in the country in 2016 with ~% revenue share. Cold Storage services include refrigerators, chilled room, thawing room, freezer room, blast chiller, and blast freezer.
The demand for fresh and processed foods, fruits and vegetables, meat, dairy, and other perishable products are on rising in the country which has triggered the cold storage market. Moreover, the increase in the supermarket and online stores has led to a surge in the demand for cold storage units in the country.
The consumption of seafood increased from ~ million cubic meters in 2015 to ~ million cubic meters in 2016 that increased the demand for cold storage units in the country. The rising pharmaceutical market has influenced the cold storage market positively owing to various medicines and vaccines that require the temperature-controlled environment.
The cold storage market increased at a five-year CAGR of ~% during 2011-2016 which had a positive impact on the cold chain industry of the country. The growth factors include retail business expansion in the country requiring cold storage to keep their stock in good quality. The cold storage industry requires around USD ~ million to raise installed capacity to a sufficient level for preserving seafood, meat and fruits and vegetables. Moreover, the Indonesian government revised the nation’s negative investment list and opened a cold storage industry for ~% to foreign investment which positively affected the cold storage market.
Cold transport has contributed a share of ~% in terms of revenues in the cold chain industry in Indonesia in 2016. The cold logistics market increased at a five-year CAGR of ~% during 2011- 2016 which had a positive impact on the cold chain industry of the country. The increase in the market can be attributed to the increase in demand for products requiring temperature-controlled environments such as FMCG and pharmaceutical products.
Cold transport involves several stages including procurement of the goods from the manufacturing unit to different modes of transportation and delivery of the products to the retailers. All these stages add to the revenues of the cold logistics market.
The temperature-controlled cargo is classified differently by various companies based on the temperature range such as Yusen Logistics has packing distinction including frozen, cold and special, FedEx has cold shipping package and deep-frozen shipping solution and DHL has standard and premium temperature-controlled freights for this purposes. There has been a rise in ‘just in time’ inventory systems utilized by various companies to meet the demand for different products such as meat, fisheries and agricultural products over the period 2011-2016 which has affected the cold logistics market positively.
Key Segments Covered:-
Cold Storage and Cold Transport
Product Type
Meat and Seafood
Vaccines and Pharma Products
Bakery and Confectionary
Fruits and Vegetables
Others
Key Target Audience:-
Warehousing Companies
Warehousing Automation Companies
Meat and Seafood Processing Company
Cold Storage Companies
Cold Transport/ Reefer Truck Owners
Food & beverage and Pharmaceuticals Companies
Private Equity/ VCs/ Consulting/ Investment Banking Companies
Time Period Captured in the Report:-
Historical Period – 2011-2016
Forecast Period – 2017-2021
Companies Covered:- PT. Wahana Cold Storage, PT. Mega International Sejahtera, PT. Unilever Indonesia, Bonecom Servistama Compindo, Gunung Sewu Kencana, Sukanda Djaya, PT. Pluit Cold Storage, MGM Bosco
Keywords:-
Cold Chain Market Indonesia
Indonesia Cold Chain Industry
Cold Chain Industry Indonesia
Indonesia Cold Chain Market
Cold Storage Firms in Indonesia
Cold Storage Companies in Indonesia
Number of Cold Storage Companies Indonesia
Revenue earned by Cold Chain Companies
Demand for Cold Storage Companies in Indonesia
Indonesia Cold Chain Market Players Competition
Indonesia Cold Transport Market
Future Cold Logistics Indonesia
Indonesia Cold Chain Market Projections
Cold Storage Capacity in Indonesia
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Growing Needs In The Commuter Rail And Public Bus Services Global Market Outlook: Ken Research


According to the report analysis, ‘Commuter Rail And Public Bus Services Global Market Report 2019’ states that the commuter rail and public bus services market comprises of sales of commuter rail and public bus services by large individuals (organizations, sole traders and partnerships) that significantly function local and suburban ground passenger transit systems proficiently function more than one mode of transport over unvarying routes and on consistent plans within a metropolitan area and its contiguous nonurban areas. The commuter rail is frequently categorized by decreased fares, multiple ride and commutation tickets, and customarily utilized by the passengers during the morning and evening peak durations.

Additionally, the report also suggests that in the commuter rail and public bus services market  there are numerous potential players which presently functioning more effectively for leading the fastest market growth and registering the high value of market share across the globe during the short span of time while increasing the services, decreasing the price of services, spreading the awareness related to the applications of such services and delivering the better consumer satisfaction includes East Japan Railway, MTR, Central Japan Railway, Canadian Pacific Railway, West Japan Railway and several others.
Sideways, Commuter Rail Services (Metro And MMTS) and Public Bus Services are the foremost products that are delivered by the above merchants more significantly. Furthermore, the large enterprises in the market of commuter rail and public bus services are implementing the additional services and accepting the services of joint ventures, partnerships and mergers and acquisitions for enlarging the value of market share and running the business around the globe more positively and smoothly.

Nevertheless, many of the potential players in the market of commuter rail and public bus services significantly studying and analyzing the stringent regulations of the regulatory authorities and the key strength of the competitors. However, the players in the commuter rail and public bus services market across the globe the competition is fragmented in the nature with the presence of several domestic and international merchants that supply to both the non-residential and residential customers.

Moreover, based on the region, the Asia Pacific region was the largest country in the global commuter rail and public bus services market, registering for 37% of the market in 2018. The North America economy was the second largest country registering for 27% of the global commuter rail and public bus services market. Africa region was the smallest region in the global commuter rail and public bus services market.

In Transit entertainment services are progressively being obtainable by the public transportation companies to develop the passenger ride witness. Most collective in transit entertainment services include Wi-Fi and video on required services which are either presented for the free or offered at reasonable rates. In transit-entertainment conveniences add value to customers' overall travel observation. For example, all of New York's underground subway stations were prepared with the Wi-Fi, in January 2017. Correspondingly, the communications infrastructure corporate CIVIQ Smart scapes installed over 1,000 Wi-Fi devices in public transit vehicles and 51 additional Wi-Fi devices for transit stations in Miami-Dade County, Florida, in 2017. The Ola Cab, the principal on need cab transportation service benefactor in India is contribution in cab entertainment through the Ola Play platform which provides music, TV shows and radio in the cab. Therefore, in the coming years, it is anticipated that the market of commuter rail and public bus services will increase across the globe more positively over the coming years.

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Global Used Vehicles Market Research Report: Ken Research

Based on the Used Vehicle Market Research Report:-
The entire industry of the Used Vehicle Industry had a shortage of transparency and consumer assurance which create a risk in the purchase of used car in the respective region. Traditionally, the individuals used to choose purchasing used cars in the Indonesia based on the suggestions provided by the friends and families which were not up to the smear in terms of the superiority check.

The effective development can be perceived via the prearranged structure which constitutes multi-brand organized showrooms and OEM the specialized dealerships that deliver the numerous used car brands which are businesses of the international automobile brands. The effective rise in the smartphone and internet penetration in Indonesia led to the development of online auto categorized portals such as OLX, Mobil123, Carmudi, Mobil88, Oto.com, BeliMobilGue and several others which have generated a trading platform where both the potential buyers and sellers can visit and pamper in a C2C transaction from the opportuneness of their home.
Additionally, the Indonesia two wheelers industry has developed over the years in terms of vehicular & production technology and total number of two wheelers being introduced and sold. The Two wheelers in Indonesia act as one of the principal replacements to walking, riding bicycle, and public transport systems. Growing fuel prices, high local traffic congestion, ease of utilization, and inexpensive prices in assessment with the other personal vehicles are some of the principal growth drivers for two wheelers in Indonesia.
Key Drivers:-
Based on the research in the used vehicle industry, it is anticipated that there are numerous key players which presently functioning across the globe more positively for leading the fastest market growth and registering the high value of revenue throughout the short span of time while increasing the popularity of the used vehicles among the women workforce and young population, developing the technologies of the used vehicles and advancing the promoting strategies of the used vehicles includes Auto.RU, Avito.RU, Carprice.RU, Car.RU, Drom.RU, IRR.RU, AM.RU, Bibika.RU, CarsGuru.Net, Rolf, TransTehService, Major Group (Major Expert), Auto World, Fresh Auto, Favorit Motors, Genser, Auto Spets Center, Auto Germes, Key Where, AGATE, Autoset.RU, Business Car, Independence, Avilon, Inchcape and several others.
Trends:-
The effective growth of the online advertising, which has propelled the effective increase of the online categorized platforms such as OLX, Quikr, Gaadi.com, Carwale.com and others have transformed the method in which pre-owned vehicles have been traded in the respective country. Not only has this, there are other platforms that have appeared in the Indian used two-wheeler market which able the buyers and sellers to engross and exchange the products in a translucent method. The Players such as Droom, CredR and BikersHighway function on a marketplace model wherein they custody a command based fee for smoothing a transaction on their marketplace.
Future Outlook:-
It is predicted that the used two wheelers market across the globe will pursue to increase in the coming years as used vehicles are much inexpensive to buy than a new one. The projections for the future recommend that the overall market for used two wheelers in across the globe is likely to present an enormous growth in terms of sales volume in FY'2023E. The people majorly in the smaller cities and towns who demand to own a vehicle begin with buying a second hand two-wheeler to get control of it. Additionally, the local merchants who have been facing threatening competition from the online classifieds will be seen connecting with the online players to reach out to superior audiences. Therefore, in the near years, it is predicted that the market of used vehicles will increase more positively over the coming years with the high amount of investment by the existing and coming players.
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Rapid Fleet Expansion, Followed by Advent of Digital Media and Increase in Passenger Traffic is set to Drive Global Inflight Advertising Market over the Forecast Period: Ken Research

In-flight advertising refers to advertising which is targeted toward potential customers, on board an aircraft. In-flight advertising involves advertising through in-flight magazines, setback tray tables and overhead storage bins, and sales pitches by flight attendants. It creates a rare or ideal opportunity for business to communicate & engage with target consumers. Advertisements are tailored to the traveler's destination, or several of the airlines destinations, promoting local hotels, restaurants businesses and shopping. The key benefits are included global reach, captive audience, highly targeted audience, high frequency of exposure and numerous choices of formats & platforms.

According to study, “Global Inflight Advertising Market Information Report by Product (Inflight magazines, Display Systems, Baggage Tags, In-flight Apps, and Others (Overhead Bins, Seatback Tray Tables, Boarding Passes, and Aircraft Wrap)), by Aircraft Type (Business Aircraft and Passenger Aircraft) and by Regions (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Global Forecast To 2023” the key companies operating in the global inflight advertising market are Global Eagle, IMM International, Panasonic Avionics Corporation, MaXposure Media Group India Pvt. Ltd., Emirates Airline, EAM Advertising LLC, INK, Global Onboard Partners, Rockwell Collins Inc., Atin OOH, Blue Mushroom, Zagoren Collective, InterAir Media, Ryanair Ltd., Spice Jet Airline, Agency Fish Ltd., Cinderella Media Group Ltd. The key companies are developing new technologies and innovative products with better technical & financial resources for affecting the continue competitiveness in the market.

Based on product type, global inflight advertising market is segmented into inflight magazines, baggage tags, display systems, in-flight apps, and others (overhead bins, boarding passes, seatback tray tables, and aircraft wrap). The inflight magazines are gaining grounds as long travels permit passengers to read & get information from such magazines. Based on aircraft type, market is segmented into passenger aircraft and business aircraft. Based on connectivity technology, market is segmented into air-to-ground and satellite technology. Based on advertising services, market is segmented into e-commerce platform, Wi-Fi connectivity and live TV services. In addition, based on application, market is segmented into FMCG, telecommunications, BFSI, real estate and others.

The global inflight advertising market is driven by rapid fleet expansion, followed by advent of digital media, increase in passenger traffic, rise in development of aircraft, increase in product or service extensions, rise in development of new advertisement techniques and increase in investments in research & development (R&D). In addition, inflight advertising has various choices of formats & platforms and high frequency of exposures which also propels the growth of market. However, issues associated with existing hardware may impact the market. Additionally, an increase in incidence of connectivity is a key opportunity for market.

Based on geography, the North-American region holds major share in inflight advertising market owing to increase in air travel and rise in tourism in the region. Asia-Pacific region is anticipated to witness higher growth rate due to increase in number of airline services industry over the forecast period. It is expected that future of the market will be bright as a result of introduction of targeted advertising through live television & in-flight apps, in near future.

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