Monday, June 15, 2020

Future of Europe Freight Forwarding Market: Ken Research

Snapshot of Country Profile: Netherlands Freight Forwarding Market
Netherlands has access to the largest port in Europe, the port of Rotterdam, which acts as a major transshipment both for the Netherlands and the whole of Europe. The country’s main airport is Amsterdam Schiphol airport.
The country is the largest market for inland waterway transport, with access to more than 6,000 km of navigable waterways. Still, the road is the preferred mode of freight transportation in the country due to the flexibility it offers over other modes.
The market is very fragmented with more than 400 registered members with the national freight forwarding association. Companies in the country have a focus on catering to e-commerce and the FMCG sector.
The freight forwarding market in the Netherlands is forecasted to cross EUR ~ billion by 2025. Increased investment in the Port of Rotterdam and the shift of freight volumes from road to rail and inland waterways are the major drivers of growth.
Snapshot of Country Profile: Poland Freight Forwarding Market
Poland is one of the most important road freight markets in Europe, due to Polish drivers being dominant throughout Europe due to their low wages. Polish truckers are also the largest cabotage operators in Europe. The freight industry in Poland is evaluated at EUR ~ billion in 2019, growing at a CAGR of ~% during the period 2013-2019.
Road freight by far dominates the revenues generated in the overall freight forwarding market in Poland because of better infrastructure and cheaper investment costs as compared to other modes.
Poland freight forwarding market is fragmented, with more than 150 registered members with the Polish freight forwarding association. Major companies include PKP Cargo, DB Schenker, DACHSER, and others.
The freight forwarding market in Poland is expected to grow in the future at a CAGR of ~% during the outlook period of 2019-2025. The market size is forecasted to reach EUR ~ billion by 2025. The market will be boosted by the completion of the National Railway Program, increasing trade, and increasing investment in the port of Gdansk.
Snapshot of Country Profile: Sweden Freight Forwarding Market
Sweden is major economy in the Scandinavian region, as well as the Baltic Sea. The country achieved rank 2 in the Logistics Performance Index in 2018. The country is focused on providing sustainable logistics through investment in sustainable logistics infrastructure.
The freight forwarding industry is estimated to be worth EUR ~ billion in 2019 growing at CAGR of ~% during the period 2013-2019.
Road freight dominates the freight transportation market in Sweden, capturing more than ~% of the overall revenues in the market. The market in Sweden is fragmented with more than 90 registered companies with the Sweden freight forwarding association; most of the companies are in the capital, Stockholm, or in the largest port of Sweden, Gothenburg.
The Sweden freight forwarding market is expected to grow in the future at a CAGR of ~% during the outlook period of 2019-2025. The major growth drivers are Sweden’s increasing importance in the region and increased investment in sustainable logistics.
How is the competitive landscape of freight forwarding market in Europe?           
Europe Freight Forwarding market competition structure is fragmented in nature owing to the presence of many companies in the market. Large companies like DHL, DB Schenker, Kuehne + Nagel, and DSV are major players across Europe. On a country level, domestic players capture a significant portion of the market.
Mergers and Acquisitions: Freight forwarding market in Europe is highly fragmented and major players are always looking to acquire smaller, regional companies to boost their presence in that country.
Parameters of Competition: Companies compete on factors such as pricing, network of operations, services provided, and fleet size.
Future Outlook and Projections of Europe Freight Forwarding Market
The market is expected to grow in the future due the increasing trade within Europe as well as outside Europe especially with Asia. Trade with Asia is expected to be given a boost by the Belt and Road Initiative. Trade within Europe will be facilitated by the completion of most projects in the TEN-T network, which will improve connectivity. Technological advances will also fuel growth. The market is expected to grow at a CAGR of ~% in terms of revenue in the period 2019P-2025F. The market will also see a shift in modal split from road to rail due to numerous infrastructure projects aiding the segment, and the market is likely to see further consolidation soon.
Key Segments Covered: -
By Mode of Transportation
Road
Rail
Sea
Air
Inland Waterways
By Country (Revenues and Freight Volume)
Germany
Spain
France
UK
Italy
Netherlands
Poland
Romania
Belgium
Norway
Greece
Austria
Sweden
Czech Republic
Hungary
Bulgaria
Denmark
Finland
Portugal
Slovenia
Slovakia
Lithuania
Ireland
Estonia
Latvia
Luxembourg
Croatia
Cyprus
Malta
Country Profile
By Mode of Transportation
Road
Rail
Sea
Air
Inland Waterways
By Road
International
Domestic Transportation
By Rail
International
Domestic Transportation
By Sea
International
Domestic Transportation
By Air
International
Domestic Transportation
By Inland Waterways
International
Domestic Transportation
Companies Covered
Europe
DHL
Kuehne + Nagel
DB Schenker
DACHSER
GEODIS
CEVA Logistics
DSV
Hellmann Logistics
Rhenus Logistics
CEVA Logistics
Austria
JCL Logistics
DACHSER
CEVA Logistics
Augustin Quehenberger
Lagermax
DSV
Belgium
Ziegler
Manuport
DHL
CEVA Logistics
Yusen Logistics
DACHSER
Hamann International
UPS
Essers
Kuehne + Nagel
GEFCO
Cargo-partner
Germany
Kuehne + Nagel
DACHSER
GEODIS
Koch International
Netherlands
CEVA Logistics
DACHSER
GEODIS
Broekman Logistics
Poland
Gruba Rupen
DB Schenker
Lotos Kolej
Rohlig SUUS
JASFBG
DSV
Sweden
DACHSER
DSV
Country Profiles
Austria
Belgium
Germany
Netherlands
Poland
Sweden
Key Target Audience
Freight Forwarding Companies
Freight Forwarding Consultancy Companies
Contract Logistics Companies
Venture Capitalists
Freight Tech Companies
Consulting Companies
Investment Banks
Time Period Captured in the Report
Historical Period – 2013-2019P
Forecast Period – 2019P-2025F
Key Topics Covered in the Report: -
Transport Infrastructure in Europe
Europe Freight Forwarding Market Overview
Europe Freight Forwarding Market Size
Country Profiles (Austria, Belgium, Germany, Netherlands, Poland, Sweden)
Competitive Scenario in Europe Freight Forwarding Market
Technological Disruptions in Europe Freight Forwarding Market
Trends and Developments in Europe Freight Forwarding Market
Issues and Challenges in Europe Freight Forwarding Market
Company Profiles of Major Players in Europe Freight Forwarding Market
Europe Freight Forwarding Market Future Outlook and Projections
Europe Freight Forwarding Future Market Size
Europe Freight Forwarding Market Future Segmentation
Analyst Recommendations
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Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Right Business Expansion Strategy Reduces Dependency on a Particular Geography: Ken Research


Many businesses struggle on the home front, and seek for taking their business over a new market territory. Some of the key reasons that every business seek for the expansion is aimed for reducing dependence on a self-contained market, knowledge, fluctuations based on geographical seasonal cycles and to extend the life of a current product line or services offered. The simplest way to expand business is to increase product offerings. The regular customers are keen forthe new products and services, and spending on additional investments. The customers that haven’t tried the offerings might be attracted for buying from well-established business offering new products or services. The business expansion strategy helps in converting new customers into buyers of core product or services of the previously established businesses.

Many companies intend and invest for building up of capacity and creating economies of scale. Companies also targets for expanding into new markets by increasing their efficiency and potential of creating additional sustainable income opportunities. There are various opportunities available in both in developed and developing countries. Companies should also target and plan their international and domestic expansion growth strategy for the business success. An international expansion strategy comprises of market entry strategy which includes the crucial selections in regard for primary markets which focus and determine the target customer and channel strategy, resources allocation, product & service value offerings, brand positioning, and creation of low cost operating model. A successful market penetration strategy further ensures the suitable and efficient use of all corporate resources and helps companies increase business by designing an appropriate business expansion strategy.

The strategy and steps to expand your business globally includes expansion methodology that led driving of businesses into different market segment thereby increasing sales by for mature business with minute opportunity for the significant growth in the current marketplace. This can also help in reducing dependency on one or a few products or a few of key customers. To safeguard brand, might need to sell new products or the service under a different name. Growing businesses intends to stay ahead to their competitors as they go forward. The strategies also lead in developing a long-term success which can be outlined in company’s business expansion plan. There are well supported cost benefits to evaluate and an inevitable layer of new business concerns, successful international expansion reduces the dependency on strength of a single domestic market. The well diversified market presence allows organizations to ride over the global market waves.

Choosing an international market for introducing standard product or the service where competition is quite low. This helps in developing revenue for reinvesting a product designed and developed domestically. Taking an approach to further assist for keeping capital sources at bay and increasing business equity. Relying on partners whether that is local for the targeted country and engaging a local attorney to protect by a consultant advice that led to adding velocity to business global expansion processes. The well drafted business expansion strategy act as backbone for the business development processes.

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Rise in Industrial & Construction Activities to Drive Power Tools Market over the Forecast period: Ken Research


The global power tools market revenue is expected to grow at a significant rate due to increased popularity of DIY & household activities, investments associated to the infrastructural developments, and supported by the rise in disposable income.The power tools further include different devices such as handheld machine drills to the hydraulic presses and the pneumatic tools. Power tools are also used for the wide scale applications as household tasks, construction, gardening, etc. The power tools industry is registering new inventions in aspect of tool design, ergonomics, efficiency and productivity, battery performance, and other connectivity technologies. The manufacturers are also investing more for the cordless power tools for better positioning in a highly competitive power tools market.

Some of the key players operating in the global power tools market research report include Robert Bosch Tool Corporation, Hitachi Koki Co., Ltd, Stanley Black & Decker, Inc., Makita Corporation, Hilti Corporation, Husqvarna, Techtronic Industries Co. Ltd, Snap on, Festool (TTS), Otto Baier GmbH and many others.

The cordless power tools include a wide range of battery-powered tools, such as hammer drills, impact wrenches, and circular saws, nailers and staplers. The demand for use of mobile, flexible, and compact tools is expected to drive the market for the cordless tools. The Lithium-ion batteries have also been replacing the conventional nickel–cadmium (Ni-Cd) and nickel–metal hydride (Ni-MH) power tools. Development in battery technology has contributed to increase in adoption of the cordless power tools that can last longer once charged. The use of power tools, such as assembly tools, precision instruments, regular maintenance of moving parts. Moreover, the comfort of using delivered power tools have further made it prevalent for the non-professional users using it for the household needs. Further, the market has observed increased in adoption due rise in use of power tools with a multitude of industries for automobile, construction, energy, aerospace, and others.

The power tools market is segmented based on mode of operation, tool type, application, and region. Based on mode of operation, market is segmented into electric, pneumatic, and others. The electric power tools dominate the market. Based on type of tool type, market is analyzed into drills, wrenches, material removal tool, saws, and others. Based on application, market is segmented into industrial, professional, and household. Among the applications, the industrial power tools have dominated the owing to efficiency, accuracy, and perfection by reducing the human errors and enhancing safety of workforce.

Based on geography Asia-Pacific dominates power tool market due wide scale increase in industrialization and urbanization across countries like China, India, and Southeast Asian countries such as Malaysia and Indonesia. Moreover, increase in export value and volume of power tools to drive the global power tool market is also driving the growth of the market. The North American region held second largest market for the power tools due to increase in manufacturing industries coupled with well-established distribution network. However, the high labor cost is adding the concern for the manufacturers in region.

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How to Create an Effective Pricing Strategy: Ken Research

Pricing Analysis: Pricing is one of the most vital components for Creating Pricing Strategies for New Products. The price is one of the key things which a customer notices about each product and is one of the keys deciding factors when originates about their decision for purchasing. Among the various models of evaluating the competitive pricing strategy formed for many of the businesses by setting prices for getting the much-needed competitive edge in the market. Moreover, customers also compare online prices before buying any product as customers are aware of the monetary value of a product. The consumers have wide options and are generally willing to shop around and explore for the best price. The retailers seeing a competitive pricing strategy should provide outstanding customer service for the above competition. The pricing strategy is also said to be a systematic approach aimed at setting up the optimal price for every product. It is essential for choosing the right blend of strategies that helps retailers for maximizing the profit and revenue as well as satisfying the market suggestions with the aim of keeping customers loyal to the store.
A cost-based pricing strategy is a worthy preliminary point for applying How to Create an Effective Pricing Strategy? which have just started the business and barely understand anything about the market, the customer favorites, or anything about the price elasticity of demand. The strategy may also be applied for the brand-new products on the market with no relevant data to determine how the product should be priced. The idea of looking at competitors is just to adjust their own prices based on positioning. There may be a significant number of challenges right after shifting over the market-driven pricing.
The competition-based pricing is a composite approach linked with the market is one of the crucial features. Moreover, the retailer also interprets competitive data for setting up a pricing logic which is not less important in terms of defining the right pricing policy. Depending on how retailers should price their own products as higher or lower than the competitors, there two key strategic approaches defined as premium and penetration strategies. The premium factor covers the additional premium services provided to customers. The core of premium pricing lays at the connection of competition-based and psychological pricing strategy it means that premium segment buyers tend to purchase as a strengthening their social status.
It must be well noted that the premium pricing strategy is a privilege for retailers that have made a substantial effort and funds to re-build their brand. The key examples for the effective premium pricing application are found in almost every industry whether from grocery to consumer electronics and fashion. When prices are initially kept high, this strategy could be associated with the premium pricing and differ significantly. The first and the most important difference is that high-low pricing must do little with the competitors. In contrast, retailers also use a high-low approach must be aware of the seasonal demand trends. This type of pricing strategy is applicable primarily to apparel and footwear industries, and approach could also be effective for industries such as fabrics, and consumer electronics.
Key Topic Covered in the Post: -
Pricing Analysis for Competitive Pricing Strategy
Competitive Pricing Strategies for Retailers
Effective Pricing Strategies for Business
Pricing Strategies for New Products
Competitors Product and Pricing Analysis
Pricing Analytics Models and Tools
Pricing Strategies for New Products
How to Create an Effective Pricing Strategy?
Pricing Strategy for Your Product or Service
Pricing Methods and Strategies in Marketing
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Developed Landscape of Design, Research, Promotional and Consulting Services Global Market Outlook: Ken Research

The design, research, promotional and consulting services (also mentioned to as general professional services) market comprises of the sales of design, research, promotional and consulting services and associated goods by the several entities that suggests the expertize and services to a widespread range of the industries, and in some cases to households and individuals. Activities involve the architectural, engineering, specialized design services, research services, advertising services, photographic services, translation, interpretation and several other design, research, promotional and consulting services. Design, research, promotional and consulting formations undertake the progressions where the human capital is the foremost input. Such establishments create present the knowledge and assistances of their employees, often on an assignment basis, where a discrete or team is accountable for the conveyance of services to the client.

According to the report analysis, ‘Design, Research, Promotional And Consulting Services Global Market Report 2019’ states that in the design, research, promotional and consulting services global market there are numerous companies which recently functioning more professionally for leading the fastest market growth and registering the great value of market share around the globe in the coming years while developing the productivity and effectiveness of the services, delivering the better consumer satisfaction, employing the young and intellectual workforce, spreading the awareness related to the applications and benefits of the services, decreasing the linked prices, and advancing the applications, strength and durability of the services includes WPP PLC, Deloitte LLP, Omnicom Group, PwC LLP, Ernst & Young LLP and several others.

However, the consulting services deliver the expertise, experience, and industry intelligence to enterprises. The consulting services support the enterprises to better design, architect, improve, and implement their security software, people, and developments. Business organizations wish to obtain the external goal advice and recommendations and admittance to the specialized proficiency of the consultants, fascinating consulting firms. Not only has this, the requirement to outsource the services from detailed corporates is also completely impacting the worldwide consulting services market. The consulting services assists the organizations decision to bring into line their investment and technology strategies with their business or process strategies.

Whereas, the corporates in the design, research, promotional and consulting services market are fluctuating from the outmoded per-hour and per-month revenue model to a value concerned with revenue model. In line with augmenting the wages and pressure from clients to deduct the pricing, several corporates are fluctuating towards the value-oriented billing. The Value-oriented introducing is tranquil to apply in the markets such as management consulting and market research since the worth (such as tax savings, mutilation awards, ad placements or the size of an acquisition or merger) is often unequivocal. It is predicted that more design, research, promotional and consulting service breadwinners will modification to value-based pricing as they try to become consultants rather than just service providers.

In addition, based on the region, the Asia Pacific region was the largest region in the worldwide design, research, promotional and consulting services market, registering for 30% of the market in 2018. North America was the second greatest region dominating for 28% of the worldwide design, research, promotional and consulting services market. For instance, the Africa was the smallest economy in the worldwide design, research, promotional and consulting services market. Therefore, in the near years, it is anticipated that the market of design, research, promotional and consulting services will increase around the globe over the inflowing future.

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Friday, June 12, 2020

Large-Scale Consumption across the End-Use Industries Anticipated to Drive Global Ethyl Alcohol and Other Basic Organic Chemical Market: Ken Research

Ethyl alcohol and other basic organic chemicals are an extensive class of substances containing carbon & its derivatives. Many of these chemicals comprise hydrogen with or without oxygen, nitrogen, phosphorus, sulfur, and other elements. They exist in either carbon ring or carbon chain form. Acetic acid, ethyl alcohol, aromatic polymers, formaldehyde, methanol, citric acid, and other basic organic chemicals are part of this segment and find their applications in pesticides, plastics, drugs, cosmetics and other products.

The ethyl alcohol and other basic organic chemicals industry includes establishments primarily engaged in manufacturing basic organic chemicals except industrial gases, petrochemicals, and synthetic dyes and pigments.

According to study, “Ethyl Alcohol And Other Basic Organic Chemical Global Market Report 2019” the key companies operating in the global ethyl alcohol and other basic organic chemical market are HPCL Biofuels Limited, Archer Daniels Midland Company, Advanced Bioenergy LLC, Aventine Renewable Energy, Andersons Ethanol Group, British Petroleum, Braskem, Cargill Corporation, Butamax Advanced Biofuels LLC, Green Plains Inc., Flint Hill Resources LP, LyondellBasell Industries NV, INEOS, Mitsubishi Chemical Corporation, Kirin Holding Company, SABIC, Pacific Ethanol Inc., POET, Sasol Limited, The Andersons Ethanol Group, Solvay Group, Valero, Celanese Corporation, DowDuPont Inc., Raizen, XX. Key players are conducting extensive research and contributing (R&C) to the growth of the market. Players are also exploring other expanses through acquisitions and numerous forms of partnerships as their market strategy for geographical expansion.

Based on type, ethyl alcohol and other basic organic chemical market is segmented into synthetic sweeteners, ethyl alcohol manufacturing, plasticizers manufacturing, silicone (except resins) manufacturing, gum & wood chemicals manufacturing and fatty acids manufacturing. Based on purity of ethyl alcohol, market is segmented into denatured alcohol and un-denatured alcohol. Based on grade type, market is segmented into food grade, cosmetics grade and industrial grade. Based on application, market is segmented into drugs, plastics, pesticides, cosmetics and others. In addition, based on end-user industry, market is segmented into chemical industry, electronics industry, coating & printing industry, food & pharmaceutical industry and others.

The ethyl alcohol and other basic organic chemical market is driven by rise in demand for ethanol as biofuel, followed by large-scale consumption across the end-use industries, rapid industrialization & urbanization, increase in disposable income of consumers, stringent government policies to restrict the usage of fossil fuels and rise in use of ethyl alcohol in beer production and food processing. However, rise in advent of hybrid electric vehicles and increase in awareness about the ill effects of alcohol consumption may impact the market.

Based on geography, the Asian-Pacific region holds major share in ethyl alcohol and other basic organic chemical market owing to presence of many transportation, construction, electrical & electronics companies catering to both its own population and development and to its overseas sales in the region. Whereas, the European and North-American regions are anticipated to witness higher growth rate due to rise in use of ethyl alcohol in medicines, for flavoring, as a food ingredient, and various other cosmetic products over the forecast period. In upcoming years, it is predicted that future of the market will be optimistic as a result of increase in regulations and rise in demand for the food processing industry during the forecast period.

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