COVID 19 Impact Analysis on Ed Tech: The Silver Lining of the Covid 19 Cloud- Online Learning – Ken Research

Remote Working Scenarios, Fears of Job Security & Breaking of the Time Management Barrier has improved the Acceptance and Adoption of Online Learning

With the Coronavirus pandemic taking the world by storm, schools, colleges and offline training institutes have been forced to close doors and shift their learning online. However, Ed-Tech companies are reaping the benefits of the increased time at hand of digitally-charged learners, who have now become more than accustomed to the concept of online learning.

Ed-tech companies across the Lifelong and Professional Learning segment have been experiencing high jumps in user base, leads generated, online queries and site traffic.

Statistics indicating COVID-19 period impact for Upskill and Reskill Ed tech platforms

Growth	Description
20-25%	Expected monthly growth in revenue due to Covid-19 for Higher and Professional Education Ed-Tech Market
40-50%	Rise in New Users in April 2020 for Ed-Tech Players due to Covid-19
50-60%	Increase in the number of Enquiries and Leads Generated for Ed-Tech Driven Skilling Programs due to Covid-19 in April 2020

Source: Ken Research Analysis

Irwin Anand, India MD for Udemy tells us: “We’ve seen a huge demand in every end of our business during the lockdown. Be it from Individual learners, to instructors, to corporates or employees within corporations who are now learning from home. 3 weeks pre to post, we’ve grown more than double in most of our metrics. Learners from countries such as Italy, France, Spain, US and UK have seen more growth as they have been worst hit from COVID-19.

“We had around 1.5-2 million enrolments for our courses in March 2019. That number has risen to 5.9 million in March 2020” shares Raghav Gupta, India and APAC MD at Coursera. “A course launched by Imperial College London titled Science Matters: Lets Talk About COVID-19 has been experiencing popularity from people who want to learn about the disease. Yale University’s Science of Well Being is now our third most popular course in Healthcare.”

Professionals are now able to find the time to up-skill and re-skill and rethink their long term career growth. upGrad has seen a spike of 50% in its lead volumes between 2 to 15th March. Online users who have enrolled with Simplilearn for Cyber Security, Cloud, DevOps, AI and Data Science programs have jumped 15% in March. Intellipaat has seen a 30% jump in site traffic over the last 30 days in April and a 40% increase in students wishing to re-attend classes.

A lot of companies have taken stock of the larger opportunity at hand and introduced carefully tailored products aimed at expanding their target base with a major focus on the largely untapped college student segment. A lot of the focus has been on introducing free programs, which play a dual role of giving users a taste of the company’s learning platform and essentially adding the user to the company’s learner ecosystem

Coursera on 12th March, made its Coursera for Campus offering with 3,800+ courses and 400 specialization programs, free for colleges, up-to July end. They have already received 27,000 requests for the platform from colleges in India, for a platform that was launched as early as October 2019. Udacity is now offering a month of free access to its Nanodegree programs, essentially providing learners the opportunity to learn a high-tech skill such as ML, Data Analytics, or Software Development in a month, for free. upGrad has tied up with Agora.io, a live multimedia streaming service provider, to launch a live learning platform accessible to colleges, universities and NGOs for free. Simplilearn has launched a Campus Connect initiative, with free access to its premium Learning Paths for faculty and individual skill courses for students in about 200 Indian universities. Intellipaat has launched Intellipaat Academy, a free Foundational Course repository focusing on providing early level understanding of emerging technologies to early professionals and engineers, as part of its CSR Initiative during the pandemic

Ed-Tech companies are now hoping that Covid-19 would be to Online Learning, what Demonetization was to the Online Wallets industry. Only time will tell, whether that prediction proves to be true. As of now, Ed-Tech players are betting high on Online Learning becoming part of the Education Landscape in the country in a few years.

For more information on how the Indian Ed-Tech Landscape for Career Focused Programs is changing, refer to our research titled,

India Ed-Tech Driven Career Programs Market Outlook to 2025 – Increasing Technological Capabilities of Ed-Tech Companies to Increase Program Enrolments and Spend in Future

Related Reports by Ken Research: –

https://www.kenresearch.com/education-and-recruitment/education/australia-executive-education-market-outlook/286576-99.html

https://www.kenresearch.com/education-and-recruitment/education/singapore-executive-education-market/206502-99.html

https://www.kenresearch.com/education-and-recruitment/education/uk-executive-education-market/197079-99.html

Contact Us: –

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Saudi Arabia Entertainment Industry Future Outlook: Ken Research

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VR Gaming centers, trampoline parks, bowling alleys, and family entertainment centers are expected to see greater footfall as these destinations will be spread across major cities across Saudi Arabia.

• • • The percentage of household expenditure spent on leisure and entertainment is expected to rise from 2.9% in 2019 to 6% by 2025, which is forecasted to drive the establishment of entertainment destinations.
    • Saudi Arabia is divided into 3 large cities, 3 medium cities, and 7 small cities. Amusement Parks and Family Entertainment Centres are expected to be established in these cities in corresponding sizes bringing the total FECs to nearly 66 by 2030.
    • 7 movie theatre chains have received operating licenses as of January 2020, while only three chains are operations as of December 2019. The number of movie theatres operational by the end of 2025 is expected to cross 60.

Growth in Retail Real Estate Industry: Retail real estate includes the development of regional and super-regional malls, community centers, and entertainment destinations among others. The growth in the supply of retail real estate is expected to grow by 9.8% CAGR and the occupancy rate is expected to average 92% for the period 2019-2025. With 100% FDI allowed in retail real estate since 2016, foreign entities can find favorable investment terms additionally for entertainment-related destinations such as movie theaters, gaming centers, FECs, and mini amusement parks among others

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A growing need for Partnerships within the Movie Theater Ecosystem: Movie theater industries are expected to hedge their entry into the Saudi Arabian movie theater market with some sort of partnerships within the movie ecosystem including advertising rights sellers, movie distribution companies, and business groups with existing licenses in Saudi Arabia and screen format providers. Such partnerships are expected to drive entry into the movie theater industry. For instance, Indian theater chain PVR and UAE Majid Al Futtaim have signed an MoU for entry into Saudi Arabia and other regional markets.

The report titled “Saudi Arabia Leisure and Entertainment Market Outlook to 2025 – Movie Theater Market by Revenue (Ticket Admissions, Food and Beverage Sales, Advertisements and Sponsorships), Amusement Park Industry (Ticket Admissions, Food and Beverage, Merchandise, Games and Others(Parking, Sponsorships and Royalty)) and Alternate Entertainment Avenues (VR Gaming, Bowling Alley and Trampoline Parks)” by Ken Research suggests that household expenditure on leisure and entertainment is expected to drive the market in terms of revenue for the forecast period 2019-2025. The Saudi government’s Vision 2030 is expected to favor investors looking to establish entertainment destinations in terms of ownership, return on equity, payback period and funding assistance among others. The movie theater and amusement park markets are expected to grow at a CAGR of 15% and ~6% respectively for the forecast period 2019-2025.

Key Segments Covered: -

Movie Theater Market

Ticket Admissions

Food and Beverages

Advertisements and Sponsorships

Amusement Park Market

Ticket Admissions

Food and Beverages

Merchandise

Games

Others (Parking, Royalty and Sponsorships)

Alternate Entertainment Investment

VR Gaming Center

Bowling Alley

Trampoline Parks

Key Target Audience

Movie Theater Companies

Film Distribution Companies

Screen Format Companies (IMAX, 4D, 4DX)

Government Entities

Amusement Park Operators and Chains

Real Estate Developers

Mall Operators and Groups

Time Period Captured in the Report:

Historical Period – 2014-2019

Forecast Period – 2019-2025

Companies Covered in Report:

AMC Theaters

VOX Cinemas

MUVI Cinemas

Al Hokair Group

Al Shallal Theme Park

Off the Grind

Emirates Bowling Alley

BOUNCE Trampoline Park, Jeddah

Key Topics Covered in the Report: -

Saudi Arabia VR Gaming Revenue

Movie Theater Investment Saudi Arabia

MUVI Cinemas Sales Revenue

AMC Theatres Revenue Saudi Arabia

entertainment policy of Saudi Arabia

Saudi Arabia entertainment ventures

Media and Entertainment Industry in Saudi Arabia

Tourism, leisure and Entertainment in Saudi Arabia

Funding Model for Amusement Parks in KSA

Theme and Water Parks in Saudi Arabia

Number of Hajj Pilgrims in Thousands KSA

Saudi Arabia Theme Park Industry,

Tourism and entertainment in Saudi Arabia

For More Information on the research report, refer to below link: -

Saudi Arabia Leisure and Entertainment Industry Growth

Related Reports by Ken Research: -

Global VR Gaming Market Outlook to 2022 - by Hardware, Software and Accessories (Motion Sensor, Masks & Gloves, Bodysuits and Others) and by Devices (PC, Consoles and Mobiles)

Middle East Theme Park Market Outlook to 2021 - Increasing Number of Foreign Visitors and New Theme Parks in Pipeline to Foster Future Growth

Qatar Theme Park Market Outlook to 2021 - Development of Theme Park Resorts and Edutainment Centers to Foster Growth

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

Global and Indonesia Soda Ash Industry Future Outlook: Ken Research

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Country Outlook

Indonesia, being one of the highest South-East Asian economies is highly dependent on imports for most of its industrial products. Being devoid of any soda ash manufacturing plant, Indonesia is ranked 3^rd worldwide for soda ash imports to meet the requirements for rapidly growing local end-user industries.

Positives and Negatives

Setup of Soda Ash the manufacturing plant will meet the End User Industry consumption requirements in Indonesia and other southeast Asian countries. Growing government focus on making Indonesia a base for promoting exports of glass and planned infrastructural investment in the future will augment growth with profitable opportunities in the country. Furthermore, long term partnerships can be established with the players as the growing household possession of dishwashers and washing machines will drive the demand for soap and Detergents industry in the future.

However, contrarily, the Indonesian industry is paying an average gas price of $9.2 per MMBtu to the domestic glass manufacturers, while its regional peers that include Singapore, Thailand, and Malaysia enjoy prices below $6 per MMBtu. Manufacturers are facing high production costs and are still waiting for the government to cut prices despite repeated government assurances. This can restrict the production of glass and hence demand soda ash as raw material for the country.

Is it the right time to enter?

Government is encouraging investors for the immediate realization of the construction of soda ash a factory in Indonesia with respect to the funding and investments required for the setup, the Director-General of IKTA (Chemical, Textile, and Multifarious Industries) got proposals from three potential investors for the setup of the plant in the country.

Moreover, with respect to the official data, the low minimum wage rate of the country compared to the other South-Asian countries including China and Thailand, posed an opportunity for the manufacturers to get cheap labor in the country. The favorable factors promote the setup of soda ash manufacturing plant in the country. According to Ken Research Estimates, the new production plant of Soda Ash in Indonesia could break even in the next 3-5 years. With approximately 1 million tons of annual consumption needs, (currently being met by imports), the country poses favorable conditions to set up a new Soda Ash Manufacturing Plant.

 Analysts at Ken Research in their latest the publication "Global and Indonesia Soda Ash Industry Outlook to 2024" observed that Soda Ash Industry in Indonesia will foresee growth due to escalating demand from the end-user industries and promotion of growth in the industry through government initiatives and investments.

Key Target Audience: -

Soda Ash Manufacturers

Soda Ash Distributors

Chemicals Industry

Glass Industry

Soaps and Detergents Industry

Industry Associations

Government Associations

Government Agencies

Private Equity and Venture Capitalist Firms

Time Period Captured in the Report:

Historical Period: 2012 – 2019(P)

Forecast Period: 2019 – 2024F

Companies Covered:

Manufacturers

Solvay

Nirma

Ciner

TATA Chemicals

Genesisalkali

CIECH Group

Distributors

ANSAC

PT Lautan Luas

PT AKR Corporindo

Key Topics Covered in the Report: -

Global Soda Ash End Users

Asia Soda Ash Market

Ciner Soda Ash Production Capacity

Global Glass Industry Report

Global Glass Market Industry

Global Laundry Detergent Industry Revenue

Global Natural Soda and Synthetic Soda Ash Market

Global Natural Soda Ash Consumption Market

Global Players Soda Ash Market

Global Soda Ash Consumption Market

Global Soda Ash Production in Thousand Million Metric Tons

Household Cleaners Global Market Size

Solvay Soda Ash Market Future

Synthetic Soda Ash Consumption Market

TATA Chemicals Market Revenue Share

For More Information on the research report, refer to below link: -

Global and Indonesia Soda Ash Industry

Related Report by Ken Research: -

India Organic Chemical Industry Outlook to 2019 - Driven by Consumer Preferences and Integrated Production of Chemicals

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

A Vertical Online B2B Platform Focused on Packaging Space will be a Game Changer for India’s Packaging Industry in Future: Ken Research

Bizongo plans to go to abroad in the future, especially the South East Asia market, which act as an excess supply market where there are many packaging suppliers and manufactures and they starve for the right quantum of business from end user industries.

Post inculcation of fresh new capital investment by VC’, Udaan plans to focus on marketing their brand heavily and expand into new categories. It also aims to invest in enhancing payments, fulfillment delivery and SME financing (Bill Discounting and Short Loans), which are key aspects of the B2B ecommerce play.

Demand for much more personalization, convenience, health, and affordability, will drive SKU proliferation to new heights. Industry might witness a natural/organic trend in favor of higher glass and fiber products demand in the coming years.

Country Outlook

India is a major player in the packaging market and contributes ~8.0% to the global packaging industry; however Indian packaging manufacturers still lack the opportunity to export due to lower standards of products in comparison to the rest of the world, especially China & USA. The industry is currently under-utilized as a large segment still under unorganized space & is at its late growth stage tending towards maturity. There is a very high possibility of a technological disruption happening in the industry which will pave the path of its future growth in the coming years.

What is the Need for an Online B2B Platform Focusing on Packaging Materials?

As discussed above, India does not have the technical competency to compete with the world as there is a mismatch in terms of product quality & machinery used. An online vertical platform would be able to help the packaging manufacturers understand the problem areas which need special focus by providing consultancy services in specific & targeted areas. Furthermore, lack of legal & demand trend knowledge among MSME packaging manufacturers also hampers the supply chain which could also be addressed by the B2B platform players in future.

Unique Challenges faced by the Packaging Industry in light of COVID-19

The packaging material industry is operating much below its installed capacity as it faces issues in supply lines and shortage of manpower due to the lockdown. The packaging industry is up against some unique challenges in the face of COVID-19. The 21-day nationwide lockdown has brought the entire packaging supply chain to an almost grinding halt. The government is making all efforts to continue the steady supply of essentials to the 1.3 bn strong Indian population. However, this won’t be possible without packaging the product where the Online Packaging B2B platform can come in handy as it will not only help in faster procurement of materials but could also help in minimizing the risk involved in the supply chain process through its technological innovation. The current situation of the Covid Virus outbreak has shifted everything to online space, now it is quite evident that an Online Vertical Platform could be the way forward to avoid any further disruptions in the supply chain.

Macro- Economic Challenges amidst the Outbreak

At a macro level, the GDP growth slowed down to a seven-year low of 4.7% in October-December 2019. The National Statistical Office has also pegged the economic growth at 5.0% for FY 2019-20 in its second advance estimates. These factors have directly impacted employment rates in the packaging industry and have hit the consumer sentiment and putting a brake on spending. This coupled with the COVID-19 pandemic is straining the supply side and hurting the economy as well. Cumulatively, these factors will impact the packaging industry since a large section of the population holds on to discretionary spending that propels the economy.

Unbranded Products & Fragmented Supply Leading to Lack of Quality Checks

At a micro level, the fragmented nature of the supply side leads to industry challenges. Adding up to that, packaging as a product category is unbranded, together, they create a mediocre customer experience with issues such as inconsistent packaging quality and tedious vendor discovery as well as lack of sanitization & genuine quality checks. For manufacturers, this means underutilized capacities, inconsistent processes, and reduced margins. End result is a need of optimal demand and supply system with proper quality checking mechanism at every important threshold to maintain product quality and trust.

Tackling the Current Situation with Vertical Online Platform for Packaging

The current situation is just another example of how an online platform can help the industry continue on its growth path and further provide value addition as packaging is of utmost importance in today’s scenario, providing safety from numerous threats. Digitization and Automation is of utmost importance due to the cyclical nature of the business/industry. Digitization will be in focus as to drive down costs & gain a competitive edge with consumers.

The industry will generate greater customer value and service through technology integration in packaging in future.

Analysts at Ken Research in their latest publication "India Packaging Industry Outlook to FY’2025 and Operational Analysis of Online B2B Platforms in India" observed that the fast-growing Indian packaging industry needs to focus on key areas such as Safety, Environment Protection, Reusability and Recyclability of packaging material along with innovative ways to increase sustainable use of the materials with a view to promote the growth of the sector in a more sustainable way. The India packaging industry is expected to grow at a CAGR of ~14.0% during the period FY’2019-FY’2025.

Key Segments Covered: -

By Nature of Packaging

Flexible Packaging

Rigid Packaging

By Type of Packaging Material

Plastic

Paper

Glass

Metal

Wood

Others (Special Laminate Sheets, Woven Materials)

By End Users

Food & Beverage

Pharmaceutical

Consumer Electronics

Personal & Home care

Other End Users (Automobile, Textile, Construction, Medical Devices)

By Regions

Tier 1 Cities

Tier 2 Cities

Tier 3 Cities

Key Target Audience

Packaging Manufacturers

Packaging Distributors

Machinery Industry

Plastic Industry

Glass Industry

Paper Industry

FMCG Industry

Online Commerce Industries

Online B2B facilitating Entities

Packaging Industry Associations

Government Associations

Government Agencies

Private Equity and Venture Capitalist Firms

Time Period Captured in the Report:

Historical Period: FY’2014-FY’2019

Forecast Period: FY’2019-FY’2025

Companies Mentioned:

Indian Packaging Industry Competitive Ecosystem

Balmer & Lawrie

Jindal Polyfilms

Cosmo Films

Ester

Essel

Polypack

TCPL

Time Technoplast

Uflex

Radha Madha Corp. Ltd

Other Players- Pharpur 3P, Amcor Limited, Huhtamaki PPL, Hindustan Tin Works Ltd, Shetron & Umax Packaging Ltd.

Online B2B Platform Competitive Ecosystem

IndiaMart

Trade India

Bizongo

Udaan

Industry Buying

Moglix

Power 2 SME

Other Players include Alibaba, Ninjacart etc.

Key Topics Covered in the Report: -

Overview of India Packaging Industry & Online B2B Platforms

Ecosystem of Manufacturers & other entities with Industry Bottlenecks Faced

Regional Analysis of Manufacturing Hubs & End users of Packaging

Demand & Supply Forces Analysis of Online B2B Platforms & Packaging Industry

New Trends witnessed in Online B2B Packaging Industry

Global Comparison of Indian Packaging Industry with India

Packaging Industry Segmentation on Region, End User, Nature & Material

Value Chain & Gap Analysis of Packaging Industry

Consumption Trends of Packaging Material in India

Porters Five Forces Analysis of Indian Packaging Industry

Cross Comparison Analysis of Packaging Manufacturers & their Company Profiles

Future Outlook & Segmentation of Packaging Industry & Online B2B Platforms

Bottlenecks Faced by Manufacturers in Online B2B Packaging Industry

Ecosystem of Online B2B Platforms in India

Service Portfolio of Indian Online B2B Platforms

Digital Penetration of Indian MSMEs in various Online Services

Vendor Choosing Criteria for Online B2B packaging Industry

Case Studies on Online B2B Platforms including Operating Outlook, Financial Analysis, Business Model, Services, and Investment Analysis & Shareholding Pattern

Feasibility Report on an Online Vertical Packaging Focused B2B Platform

Analyst Recommendation on how to set up an Online Vertical Packaging Focused B2B Platform

For More Information on The Research Report, Refer to Below Link: -

India Packaging Industry Growth

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UK Online Retail Market Outlook To 2025 - By Product Categories (Apparel And Footwear, Food And Drink, Media Products, Consumer Electronics And Others), By Desktop And Mobile Mode, By Gender (Male And Female) And By Mode Of Payment (Debit+Credit Card, Net Banking And Cash On Delivery)

Taiwan E-Commerce Market Outlook To 2023 - Online Retail (By Product Categories, By Desktop and Mobile, By Gender); Online Travel (By Intermediary And Direct Online Sale And By Desktop And Mobile); Online Payment Gateway Market

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