Demand for Luggage and Bags in Philippines is Driven by Increase in Working Population, Growing Retail Presence and Growth in Domestic Tourism: Ken Research

“The Unorganized Sector dominated the Luggage and Bags market in the Philippines as Consumers are price conscious and are willing to compromise on quality to purchase an affordable product.”

The report titled “Philippines Luggage and Bags Market Outlook to 2023 - By Bags (Handbags, Backpacks, Cross body Bags, Duffel Bags, Wallet Coin Pouches, Business Bags, Other Small Bags), By Luggage (Hard and Soft Case), By Distribution Channel” by Ken Research suggested that the luggage and bags market in The Philippines has been growing due to increasing young and working people and also due to the changing perception of people towards bags and luggage from utility to a lifestyle product. The market is expected to register a positive CAGR of 5.3% in terms of revenue during the forecast period 2018-2023E.

Increase in Domestic Tourism: Tourism Industry is extremely vital for the Philippines contributing about 12% to the national coffers every year. Domestic tourism in The Philippines is growing continuously in the country. In 2018 alone, more than 40 million Filipinos visited domestic tourist destinations and will continue to grow in the coming years, thus increasing the sale of bags and luggage in The Philippines.

Growing Retail Presence: The bags and luggage manufacturers are increasing their retail presence in the Philippines with even big players like Louis Vuitton opening their second store in the Philippines. The retailers are also increasing their presence online which is evident from the 32% rise in Internet Retailing during the period 2013 to 2018.

Increase in Distribution Channels: The major players in the Philippines are looking to increase their retail presence both online as well as offline to increase the sale of their products. The brands have been looking to increase their customer reach through malls in the major cities and also through specialist retail stores in smaller cities. The brands are also selling their products through hypermarkets, office and stationery supply stores and footwear and apparel stores especially in smaller cities where there are either no malls or are very few in number.

Rise in Innovation: Innovation plays a major role in the luggage and bags market as there are different brands offering similar products but they can differentiate themselves through innovation, either through innovation in design or through innovation in selling the product. Many companies are using technology for innovation, for instance, Modobag uses motorized technology in the luggage for its customers to ride on and Herschel Supply Co. has come up with luggage that has the in-built charger and a USB port for customers to charge their mobile phones on the go. The labor force in the Philippines has also increased from 40 Million in 2013 to 44 Million in 2018, thereby increasing the demand for bags in the market.

Key Segments Covered:-

By Demand in Region, 2018

Luzon

Visayas

Davao

By Application/Use, 2018

Leisure

Business

By Market Structure, 2018

Unorganized

Organized

By Bags, 2013-2018

Backpacks

Business Bags

Crossbody Bags

Duffel Bags

Handbags (basic, mid, luxury)

Wallet and coin pouches

Other small bags

By Luggage Type

Hard Case

Soft Case

By Luggage Category

Wheel

Non-Wheel

By Distribution Channel, 2013-2018

Hypermarkets

Apparel and footwear specialist’s retailers

Bags and luggage specialist’s retailer

Stationers/office supply stores

Other leisure and personal goods specialist retailers

Department stores

Variety stores

Warehouse clubs

Other non-grocery specialists

Direct Selling

Internet Retailing

Key Target Audience

Luggage Manufacturers

Bags Manufacturer

Distributors

Time Period Captured in the Report:-

Historical Period: 2013-2018

Forecast Period: 2019-2023

Companies Covered:-

Louis Vuitton (LVMH)

Avon Products Inc.

VF Corporation

Samsonite international SA

Adidas AG

Nike Incorporated

Herschel Supply Co.

Herme’s

Marithé et François Girbaud

Key Topics Covered in the Report:-

Philippines Cross body Bags Market

Philippines Duffel Bags and Wallet Coin Pouch

Philippines Business Bag Market

Bags and Luggage in the Philippines

Luggage and Bags sale in Philippines

Luggage Retailers Philippines

Luggage Bags Target Consumers Philippines

Luggage bags demand Philippines

Luggage Importers Philippines

Bag Exporters Philippines

Bags and Luggage Sales Davao

Bags and Luggage Sales Visayas

Samsonite Philippines Luggage Market Share

VFC Bags and Luggage Sales Market Philippines

For More Information, Refer To Below Link:-

Philippines Luggage and Bags Market Outlook

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Saudi Arabia Bags and Luggage Market Outlook To 2023 – By Type (Backpacks, Business Bags, Cross Body Bags, Duffel Bags, Handbags, Wallet And Other Bags); By Handbag Price Segment (Luxury, Premium, Economy)

Global Luggage & Bags Zipper Market 2018 - By Manufacturers, Regions, Type and Application, Forecast To 2023

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

Australia Real Estate Market Research Report And Future Outlook: Ken Research

How the Australia Real Estate Market is Positioned?

The Real Estate Market In Australia is currently at its growth stage. The real estate market has been categorized into four sub-categories which include residential real estate, office real estate, retail real estate and hospitality real estate. The country witnessed a declining mortgage interest rate in the real estate market owing to which the demand for the real estate has increased over the years. The country witnessed a growing demand in the office, hospitality and retail real estate sector owing to favorable demographics of the country and the increase in the number of tourist over the years. Since, the real estate market is witnessing a growth in Australia; it has simultaneously contributed to the growth of other industries such as facility management.  The real estate market of Australia was growing at a rapid pace since the year 2017. The prices of residential dwellings were breaking all-time high records in 2017 resulting in the affordability issues for the buyers. Also, owing to the favorable payment scheme introduced for the first time buyers, in order to prevent the market from any downfall and help in contributing to growth.

Introduction of negative gearing scheme, introduction of the depreciation tax scheme and the massive inflow of Chinese investors in the real estate sector has been complimenting the size of this industry. Properties in Sydney and Melbourne account for ~% of the total number of properties in Australia, and ~% in terms of value. At the same time, Brisbane is the third biggest city and a highly popular choice among many property buyers. Sydney, Melbourne and Brisbane were the most preferred cities for investment for national and international investors in the year 2017 and 2018 because of their large influence in the Australian economy.

How is the Australia Retail Real Estate MARKET Positioned?

Australia retail real estate industry was observed to grow in past five years recording a CAGR of ~% in terms of revenues during the review period 2013-2018 owing to the rising urban density, declining vehicle use, online retailing and the increasing popularity of prepared or semi prepared meals. The market is growing in Australia owing to the favorable demographics of the country, rise in population with a strong growth trajectory in tourism, and increase in the per capita income. The retail supply per capita was approximately ~ square meters in 2018 and is projected to be ~ square meters in 2019, and it averages just ~ square meters per annum. The change and development in the retail industry in Australia is driving greater demand for the retail real estate. The country witnessed increased opportunities for the investors to acquire major retail assets, which historically was not accessible in the country.

What Are The Factors Inflecting Retail Real Estate Sector In Australia?

Population of Australia: The rise in population with a strong growth trajectory in tourism and per capita income are the major reasons for the upward growth of the retail sector in all the states.

Growing Investment Market: Growing retail industry in the country has increased the investments market.

Income and wages of Australian’s: The change in the income and wages of the Australian population has contributed in the growth of the retail real estate industry in the country.

Changing trends in the food and beverages sector: The Australian lifestyle is shifting from the big weekly food shop towards daily food purchases and increased consumption of prepared meals.

Retail Spending: Australian retail sales moving annual turnover grew by about ~% over the year 2018. The increased spending on the retail sector has also been as contributor of growth in the real estate market in Australia.

Current and Future Retail Demand and Supply

The investor demand for Australian retail assets has remained strong with demand rising from a diversity of buyers such as offshore investors, private syndicates, local institutions and listed groups. The total investment value amounted to AUD ~ billion over the first three quarters of 2018 which was equivalent to the figure in year 2017. Institutional investors have been the most active purchasers in the year 2018 accounting for over ~% of total transaction value which is AUD ~ billion. The increase in retail real estate demand was showcased due to various factors including personal disposable income, infrastructure development, ease in government regulations and increase in number of tourists as well as leisure activities of people. High growth in discretionary spending along with growing young population is the key demand generators in retail sector. Australia experienced a slow growth in the supply of new retail projects when compared with the retail stock and change in the population. Retail supply per capita was approximately ~ square meters in 2018 and is projected to rise in the coming years. The bulk of this supply will include neighborhood retail centers and large format retail. Population growth in the east coast markets will be driving the growth in the neighborhood shopping centers in urban areas. For the investor, stable economic growth, low interest rates and relatively attractive yields when compared to many overseas markets should continue to drive strong demand.

Regional Landscape Of Australian Retail Real Estate Market

New South Wales (Sydney): The retail sector of Sydney experienced a rise in the tenant activity with the strong performance of luxury and lifestyle retailers. Rise in the inbound tourism, particularly from Asia, remained the primary driver of growth for luxury retail property sales in Sydney.

Victoria (Melbourne): The retail sector of Melbourne had gross face rents at around AUD ~ per square meters in the year 2018. Buying and leasing activity moved towards the north and west ends of the city.

Queensland (Brisbane and Gold Coast): The region witnessed a recovery in its economy and migration and tourism were the major variables that impacted the retail real estate demand. The economic recovery in Queensland was mainly due to strong interstate migration and improving tourism arrivals.

South Australia (Adelaide): Retail sales in South Australia had rebounded and experienced growth which was above the national average in the year 2018.

Western Australia (Perth): Improvements for the investors in regards of the trading conditions are expected to grow in the coming years due to the anticipated rise in the occupancy rate of the retail assets of Perth.

Key Segments Covered:-

Australia Retail Real Estate Market

By Type:

Regional

Sub-Regional

Neighborhood

CBD

Large Format Retail

Others (Small Retail Stores and Independent Stores)

By Geography:

New South Wales

Victoria

Queensland

Western Australia

South Australia

Northern Australia

Tasmania

Australian Capital Region

Australia Hotel Real Estate Market

By Type:

3 Star Hotels

4 Star Hotels

5 Star Hotels

Others (Less than 3 Star Hotels)

By Geography:

New South Wales

Victoria

Queensland

Western Australia

South Australia

Northern Australia

Tasmania

Australian Capital Region

Australia Office Real Estate Market

By Type:

Grade A Office

Grade B Office

Premium Office

By Geography:

New South Wales

Victoria

Queensland

Western Australia

South Australia

Northern Australia

Tasmania

Australian Capital Region

Australia Residential Real Estate Market

By Type:

Apartments

Villas

By Geography:

New South Wales

Victoria

Queensland

Western Australia

South Australia

Northern Australia

Tasmania

Australian Capital Region

Key Target Audience:-

Real Estate Developers

Independent Investors

Real Estate Consulting Companies

Third Party Real Estate Companies

Independent Architects

Government Associations and Agencies

Time Period Captured in the Report:-

Historical Period - 2013-2018

Forecast Period - 2019-2023

Companies Covered:-

Metricon Homes Pty Ltd

Dyldam Developments pty limited

Burbank Group

GJ Gardner Homes

Multiplex Group

ABN Group

MJH Group

Stockland Corporation Limited

Frasers Property Australia Pty Ltd

Henley Properties, Australia

Lendlease group, Australia

Probuild Constructions (Australia) Pty Ltd

CPB Contractors

John Holland, Australia

Key Topics Covered in the Report:-

Australia Real Estate Market

Australia Real Estate Market Major Players

Canberra Real Estate Market

Queensland Real Estate Market

Tasmania Real Estate Market

Queensland Retail Real Estate Market

Number of Migrants in Australia

Property Buying Process in Australia

Australia Real Estate Broker Fees

Australia Residential Property Types

Australia CBD Real Estate Market

Australia Real Estate Floor Space

Types of Hotels Australia

Sydney Real Estate Market Size

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

Australia Real Estate Market

Related Reports:-

Singapore Real Estate Market Outlook to 2023 - By Residential Market (New Sales, Re-Sales and Sub-Sales), By Retail Market (Private and Public Retail Space), By Office Market (Private and Public Office Space) and By Hotel Market (Gazetted and Non-Gazetted Hotels)

Hungary Real Estate Market Outlook to 2022 - by Residential (Dwellings Constructed by Regions, by Builders Type, Holiday Units Constructed by region, Dwellings Leased by Regions, Dwellings Sold by Regions), by Commercial, Retail and Hotel

Qatar Real Estate Market Outlook 2021 - Economic Diversification and FIFA World Cup 2022 to Support Infrastructure Development

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

Increase in Adoption of Self-Injection Devices Expected to Drive Global Prefilled Syringes Market over the Forecast Period: Ken Research

Prefilled syringes are disposable syringes, filled with a fixed quantity of therapeutic drug. The syringes are designed to administer the accurate amount of dosage for reducing the wastage of medication. These are novel devices used for delivering drugs with improved affordability, accuracy, efficacy, convenience, safety, sterility, and accessibility. The syringes are used in treatment of diabetes, anaphylaxis, rheumatoid arthritis, and other diseases, such as multiple sclerosis, psoriasis and anemia.

According to study, “Global Prefilled syringes Market Size study, by material (glass-based and plastic based) type (safety prefilled syringes and conventional prefilled syringes) Design (single-chamber prefilled syringes, dual-chamber prefilled syringes and customized prefilled syringes) and Regional Forecasts 2018-2025” the key companies operating in the global prefilled syringes market are Gerresheimer AG, Becton, Dickinson and Company, Abbott Laboratories, Schott AG, Terumo Medical Corporation, Cardinal Health, Inc., Scandinavian Health Limited (SHL Group), Unilife Corporation, Vetter Pharma International GmbH, West Pharmaceutical Services, Inc., Baxter International, Catalent, Inc., Stevanato Group, Weigao Group, Nipro Corporation, OMPI, Medpro Inc.

Based on type, prefilled syringes market is segmented into safety prefilled syringes and conventional prefilled syringes. Based on material, market is segmented into plastic syringes and glass prefilled syringes (baked on silicone syringes and oil siliconised syringes). Plastic prefilled syringes holds major share in market owing to increase in awareness among healthcare practitioners and physicians to decrease medication errors. Based on design type, market is segmented into single-chamber prefilled syringes, dual-chamber prefilled syringes and customized prefilled syringes. Single-chamber prefilled syringes segment provides safety and simplifies needle stick protection. Based on therapeutic, market is segmented into small molecules and large molecules. Based on application, market is segmented into rheumatoid arthritis, anaphylaxis, diabetes, and others (multiple sclerosis, cancer, and others). In addition, based on end-user, market is segmented into ambulatory surgical center, mail order pharmacies and hospitals or clinics.

The prefilled syringes market is driven by rise in incidence rate of chronic disease, followed by growth in home-based healthcare market, increase in adoption of self-injection devices such as pen injectors, growth in technological advancement, appropriate reimbursement policies, increase in advancement in biopharmaceutical industry, rise in demand for efficient & easy-to-use drug delivery devices and increase in benefits of using prefilled syringes over conventional vials. However, stringent government regulations, product recalls and availability of alternate drug-delivery methods may impact the market. Moreover, increase in demand for injectable drugs in prefilled forms and rise in demand for biologics & bio-similars are key opportunities for market. Furthermore, rise in adoption of ready-to-use elastomeric & customized syringe components by drug manufacturers is major trend of market.

Based on geography, the North-American and European regions hold major share in prefilled syringe market owing to constant increase in geriatric population, rise in trend of home-based treatment as well as high healthcare expenditure and increase in demand for quality healthcare in the regions. The Asian-Pacific region is expected to emerge as the fastest growing region due to increase in number of clinics & hospitals and improvement in healthcare infrastructure over the forecast period. It is anticipated that the market will be reached at US $9.3 billion by 2025.

For more information, click on the link below:

Global Prefilled syringes Market

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Ken Research                                   

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91 9015378249

Increase in Production Capacity of Shale Gas Expected to Drive World Fire-Rated Glass Market over the Forecast Period: Ken Research

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According to study, “World Fire-rated Glass Market Research Report 2024(Covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world fire-rated glass market areNippon Sheet Glass Co., Ltd (NSG), Anemostat, IQ Glass Solutions Ltd, Fuso Glass India Pvt. Ltd., kuwata-glass, Asahi Glass Co. Ltd. (AGC), Euroglas GmbH, Golden Glass, Compagnie De Saint-Gobain, Pyroguard UK Ltd., Ravensby Glass Co. Ltd., Fire Glass UK, SCHOTT AG, Gelinjingfeng, CORNING,Glass Dynamics Inc., Impact Safety Glass Works Ltd., Vetortech Saint-Gobain, Lvyuan.

Fire rated glass are designed to provide protection towards fire for a defined period of time which is much more than the everyday glass panel, also known as also known as fire resistant glass. It acts as a barrier to prevent & slow down the spread of flames, smoke and heat in case of fire due to its properties to block radiant and conductive heat transfer. It is widely used in outdoor and indoor applications for instance glass roofs & dooms, mirrored glasses, cabins & partitions, doors, glazing and separation screens. The key benefits are included high-heat resistance, high transparency, no yellow, no bubbles, light specific gravity and other unique characteristics.

Based on solution type, fire-rated glass market is segmented into insulation type and glazing type. The glazing segment is projected to gain significant traction in the market during the forecast period, owing to the superior impact performance, acoustic performance, and thermal performance offered by glazed fire-rated glass. Based on glass type, market is segmented into ceramic fire-rated glass, wiredfire-rated glass, laminatedfire-rated glass and tempered fire-rated glass. Ceramic glass consist of many oxide crystals that impart mechanical, optical, and electrical properties to the glass. Laminated fire-rated glass is capable of blocking smoke & flames while resisting radiant heat &fire. Based on insulation time, market is segmented into up to 45 minutes and 60 to 180 minutes. Based on material, market is segmented into E-class, EI-class, EW-class, and others. E-class segment is further sub-segmented into wired glass and monolithic glass. EI-class segment is further sub-segmented into tempered glass with interlayer and float glass with multiple interlayer. Additionally, EW-class segment is further sub-segmented into coated safety glass and float glass with interlayer. In addition, based on end-use industry, market is segmented into marine, building & construction, transportation, and others. Building &construction segment is further sub-segmented into commercial, residential, and industrial.

The fire-rated glass market is driven by increase in production capacity of shale gas, followed by rise in mining industry, implementation of stringent building & safety codes (BS EN 12600, BS 476, and BS EN 356) in application markets and growth in demand for passive fire protection equipment & systems in commercial buildings. However, high production costs and decline in demand for polished wired glass may impact the market. Moreover, greater design flexibility along with safety and rise in building & construction industry are key opportunities for market.

Based on geography, EU holds major share in fire-rated glass market owing to increase in prominent end use sectors such as automotive and construction. China and Japan countries are expected to witness substantial growth, followed by USA due to rapid growth of the construction sector and increase in foreign investments over the forecast period.

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

World Fire-rated Glass Market Research Report

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

Increase in Focus on Infrastructure Development Expected to Drive Global Concrete Expansion Joint Market over the Forecast Period: Ken Research

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Expansion joints are devices used to allow for heat-induced expansion & reduction which takes place in various states of weather. The joints are designed to absorb heat-induced expansion & shrinkage of construction materials, hold parts together, absorb vibration and allow movement owing to ground settlement or earthquakes. Expansion joints are placed in concrete to prevent vast cracks formed due to temperature change. Concrete expansion joints are usually used to prevent cracks when the concrete shrinks by creating tooling, forming, sawing, and placing joint formers.

Some essential characteristics are included permits thermal contraction & expansion, located between sections of bridges, railway tracks, paving slabs, and piping systems and incorporated to endure the stresses etc.

According to study, “Global Concrete Expansion Joint Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global concrete expansion joint market are GCP Applied Technologies, LymTal International, MM Systems, Watson Bowman Acme Corp., DS Brown, Nystrom, EMSEAL Joint Systems, ITW Construction Systems, Connolly Key Joint, RJ Watson Inc., ZKHY, Roaby, Vector Construction, Nomaco, CETCO,  Canam Group Inc., Mageba SA, Gumba GmbH & Co. KG, KantaFlex (India) Private Ltd, Metal Engineering & Treatment Co. Pvt. Ltd., Granor Rubber & Engineering, Ekspan Ltd., Lowe's, W. R. Meadows, CS Corporate, Sakrete, KPM Industries, DS Brown, Homasote Company, Maurer SE, Freyssinet Limited, Trelleborg AB, Zaoqiang Dacheng Rubber Co., Ltd., Tensacciai S.r.l.,

Based on type, concrete expansion joint market is segmented into bridge expansion joint, railway expansion joint, masonry expansion joint and pipe expansion joint. Pipe expansion joint is necessary in system which convey high temperature substances for instance steam or exhaust gases, or to absorb movement & vibration. Based on accessories, market is segmented into covers, liners, limit rods and particulate barriers or purge connectors. Based on material type, market is segmented into rubber expansion joint, metal expansion joint, fabric expansion joint, gimbal expansion joint, universal expansion joint, toroidal expansion joint, in-line expansion joint, and refractory lined expansion joint. Rubber expansion joint is used around supporting drains, pillars and hydrants. Fabric expansion joint is ideal for use on streets, airport runways, highways, flatwork, sidewalks, driveways, and scores of commercial and industrial applications. Based on installation, market is segmented into pre-concrete installation and after concrete installation. Based on distribution channel, market is segmented into direct channel and indirect channel. In addition, based on end-use, market is segmented into slabs, buildings, bridges, pavements, sidewalks, piping systems, railway tracks, ships, and other structures.

The concrete expansion joint market is driven by increase in building constructions, followed by rise in urbanization, increase in focus on infrastructure & transportation development, growth in economies, rise in production capabilities and increase in investments in development of smart cities. However, low affordability in low-income countries and high cost of technology may impact the market.

Based on geography, the Asian-Pacific region holds major share in concrete expansion joint market owing to rise in demand of building & infrastructure construction in the region. The North-American and European regions are expected to witness higher growth rate due to increase in technological advancements over the forecast period. The global market is anticipated to grow at a CAGR of approximately 7.7% over the next five years, will reach US $1230 million in 2024, from US $790 million in 2019.

To know more, click on the link below:-

Global Concrete Expansion Joint Market

Related Reports:-

Global Concrete Expansion Joint Market Analysis 2013-2018 and Forecast 2019-2024

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249