Growth in Pharmaceutical Demand to Support Logistics Market, Albeit High Compliance & Certification Requirement and Shortage of Warehousing Facilities: Ken Research

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“Surging chronic and lifestyle-related diseases in KSA and amplified imports of pharma products driving the growth of the pharma logistics market in Saudi Arabia.”

Rising Population to Lead to an Increased Demand for Pharma Products:  KSA has an estimated population of ~33 million in 2019, which is expected to double, reaching 77.2 million by 2050, growing at 2.65% per annum. This increase in population is expected to fuel the demand for healthcare services in the kingdom. Concurrently, the healthcare system needs to treat emerging Lifestyle Diseases and Illnesses associated with modern and urban lifestyle. Allocation of healthcare budget of ($40 million in 2019) reflects a strong indication of potential demand as well as the Government’s willingness to augment growth and improvement within the sector.

COVID-19 Impact on Pharma Logistics Market: Saudi Arabia witnessed a countrywide lockdown owing to the COVID-19 with all the industries observed a phased shutdown. The complete lockdown in the second quarter of 2020 left the cargo backlogged at KSA’s major container ports; travel restrictions led to a shortage of truck drivers to pick up containers and ocean carriers canceled sailings. Though the market was witnessing a complete shutdown, the country observed an increased demand and transportation of medicines, drugs, gloves, PPE kits, and others owing to the impact of COVID-19 pandemic. Saudi Arabia is majorly dependent on the other countries for their pharma supplies which lead to an increased demand for import pharma products from different countries during the pandemic. Restrictions on travel and trade lead to delayed deliveries impacting the pharma logistics market. The pharma logistics market is anticipated to get back to normal in the next 8-10 months.

Growth in Investments under the Logistics Sector: Saudi government to raise $36.5 bn by 2030 for transportation infrastructure projects. The King Fahd Causeway linking Saudi & Bahrain is also undergoing expansion to accommodate a waiting area of 400 trucks, further contributing to the growth of the logistics sector in Saudi Arabia. The logistics companies are investing in advanced technologies such as control towers to streamline supply chain complexity, on-board vehicle telematics, truck platooning to gain a competitive edge.

The report titled “Saudi Arabia Pharmaceutical Logistics Market Outlook to 2025: Driven by rising demand for a variety of drugs as a result of increasing cases of chronic and lifestyle-related diseases” by Ken Research suggested that the pharma logistics market is further expected to grow in the near future as pharma companies have started manufacturing or assembling the pharma products within the country. The rising demand for a variety of drugs as a result of increasing cases of chronic and lifestyle-related diseases is also a crucial factor that will drive market growth. Pharma Sales is expected to grow at a CAGR of ~% till 2025, signaling increasing pharmaceutical imports and production. The government is also diverting the funds towards creating a robust healthcare infrastructure by building new hospitals which would further lead to an increase in the demand for logistics services. The market is expected to register a positive CAGR of 10.2% in terms of revenue during the forecast period of 2019-2025F.

Key Segments Covered in KSA Pharma Logistics Market: -

By Service Mix

Freight Forwarding

Warehousing

Value Added Services

KSA Pharma Freight Forwarding Market

By Mode of Freight

Road Freight

Air Freight

Sea Freight

By Type of Transport

Domestic Freight

International Freight

By 3PL & Integrated Logistics

3PL Logistics

Integrated Logistics

By Type of Delivery

Normal Delivery

Express Delivery

By Flow Corridors

Middle East

European Countries

Asian Countries

Others (North America, South America & Africa Region)

KSA Pharma Warehousing Market

By 3PL & Integrated Logistics

3PL Logistics

Integrated Logistics

By Cities

Jeddah

Riyadh

Dammam

Others

By Type of Warehouse

Ambient

Cold Storage

Key Target Audience

International Domestic Freight Forwarders

Warehousing Companies

Logistics Consultants

Pharmaceutical Dealers and Distributors

Ministry of Health

Time Period Captured in the Report:

Historical Period: 2014-2019

Forecast Period: 2019–2025

Companies Covered:

Mosanada Logistics

Oriental Commercial & Shipping Co.

Hala Shipping Services

Gulf System

Abdui Global

Four Winds

KWE Transport

Arabian Transport Co.

SITCO Logistics

Takhzeen Logistics

Agility Logistics

BAFCO International

Wolf Transport

GAC Logistics

JAS Logistics

3 Camel Logistics

Motion Supply Chain

Uniworld Logistics

NTF Logistics

Kerry Logistics

Kamer Logistics

Tranzone Logistics

Starlinks

RIADCO Logistics

Pharma Companies Covered:

Pfizer

Jamjoom Pharma

GSK

Hikma Pharma

Saja Pharma (Tamer Group)

Key Topics Covered in the Report: -

Saudi Arabia Overview and Major Economic & Logistics Zones

Healthcare Infrastructure

Government Initiatives

Economic zones in Saudi Arabia

Logistics Parks in Saudi Arabia

Cross Comparison of Pharma Logistics Market with GCC Countries

Saudi Arabia Pharmaceutical Manufacturing Clusters

End-User Analysis (Pharma)

Saudi Arabia Pharma Logistics Market

Saudi Arabia Pharma Freight Forwarding Market

Saudi Arabia Pharma Warehousing Market

Industry Analysis (SWOT Analysis, Trade Scenario, Regulations for Import & Export)

Covid-19 Impact on the Pharma Logistics Market

Comparative Landscape – KSA Pharma Logistics Market

Comparative Landscape in Saudi Arabia Pharma Market

Recommendations / Success Factors

Research Methodology

Appendix

Related Reports by Ken Research: -

Saudi Arabia Dry Logistics and Warehousing Market Outlook to 2025 – Warehousing Automation and Investment within Transport Infrastructure to Drive Market Revenue)

Philippines Logistics Market Outlook to 2024 (Sixth Edition)– By Sea, Land, and Air Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Agriculture), By End Users; By Cold chain market (Cold transportation and Cold storages)

UAE Logistics and Warehousing Market Outlook to 2025 – By Road , Sea and Air Freight Forwarding; Domestic and International Freight, Major Flow Corridors, Integrated and Contract Freight Forwarding; By Warehousing (Industrial / Retail, CFS / Inland Container Depot & Cold Storage, Agriculture), End Users (Manufacturing, Retail, Food and Beverage, Automotive, Oil and Gas, Healthcare), Type of Warehouses; By Courier Express & Parcel Market , and, E-commerce Logistics

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

For Safe and Low Risk Investment the Financial Brokerage are Always Preferred: Ken Research

Brokerages are also widely known as financial services companies, striving process the investment needs of their clients, and facilitating the securities trading. The Net profits service market is now correlating to the performance as per the equity market. The financial products are being offered over the various trading activities. Moreover, the corporates have set a charge as brokerage fees for their equity trading and financial services associated to asset management, trading, mutual funds, wealth management, top picks, and several other services which can attract the investor’s. Moreover, a brokerage can simplify for these firms to acts as an intermediary service provider between a buyer and the seller. Moreover, various brokerage firms have been employed by both for making a fair deal that can be authenticated by both the parties. The brokers are also responsible for sort of legal paperwork, stamp & signatures and other associated activities needs. The brokerage firms are mostly engaged in selling of buying and selling of stock shares.

Some of the key financial brokerage companies include IIFL, 5Paisa Capital Ltd., HDFC Securities, Geojit BNP Paribas, Bonanza Portfolio Ltd, Achiievers Equities Ltd, Fyers Securities, Aditya Birla Money, Zerodha, RKSV Securities, and Axis Direct. The financial brokerage service market provides a comprehensive research focusing the key transformations in market dynamics and overview with an overall structure, development trends, and sales models by different geographies.

Based on the type of brokerage arrangement, a broker firm can be provided with a power of attorney in order to trade the stocks on behalf of client, however a considerable fee is charged by the brokerage firm. The other activities by brokerage firms include the research and employing a brokerage in order to conduct a transaction on behalf of client. Moreover, the wide scale shift related to trading of activities associated to offline or the online have also surged revenues that are opposed by the brokers. The financial brokerage agencies have now also developed their marketing & branding capability in order to assist their customers to meet up desired goals over a wide range and suite of products & services strengthening the overall relationships over the long term association with their clients. The technological development in use of internet, smartphones, and mobile apps as well as the evolvement of less brokerage has further led to brokers for gaining the momentum over the market. Sometimes it felt that a brokerage may be an added expense for any organisation, however, in expense is worth to have as there are various benefits associated over using a brokerage firm.

The increase in competitiveness and the discount associated to the brokerage services in form of low brokerage charges, and the full service brokers have further moved strategy to boost the overall revenues from any of the non-brokerage segment. The asset management services and activities associated to portfolio management, insurance broking and mutual funds includes the non-brokerage segment for full time brokers. Moreover, the rise in preference for the secured investments with low risk the financial brokers is always preferred by various companies. Further, over the forecast period the preference and demand for full service financial brokerage market will further increase. The outcomes associated to impending of the structural changes in broking industry are expected to have a positive outlook associated to financial brokerage market growth rate for the development of industry.

For More Information, refer to the below link: –

Financial Brokerage Market Research Reports

Related Report:-

Philippines Financial Brokerage Market Outlook to 2023 – By Equity on Basis of Transaction Value, By Transaction Mode (Online & Offline), By Basis of Time of Delivery (Intraday & Delivery Based), By Type of Investor (Domestic & FII)

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

Saudi Arabia Pharmaceutical Logistics Market Outlook to 2025: Ken Research

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The report titled “Saudi Arabia Pharmaceutical Logistics Market Outlook to 2025: Rising Demand for Pharmaceutical Drugs and Government Support to Healthcare Will Drive Market Growth” provides a comprehensive analysis of the pharma logistics market in Saudi Arabia. The report focuses on overall market size in terms of revenue generated by pharma logistics companies; Saudi Arabia pharma logistics market segmentation by service mix (freight forwarding, warehousing, and value-added services); pharma freight forwarding market segmentation by freight mode (road freight, air freight, and sea freight);  by type of transport (domestic freight and international freight); by 3PL Logistics and Integrated logistics; by type of delivery (normal delivery and express delivery); by flow corridors (the Middle East, European Countries, Asian Countries and Others); pharma warehousing market segmentation by 3PL Logistics and Integrated logistics; by cities (Riyadh, Jeddah, Dammam, and others) and by type of warehouses (Ambient and Cold Storage). The report also covers the trade scenario, trends, and developments, issues, and challenges, SWOT analysis, regulatory landscape, end-user analysis, value chain analysis, COVID-19 impact on the pharma transportation industry, decision-making process, COVID-19 impact on pharma warehousing industry, technological advancements & innovations, comparative landscape including cross-comparison of major players operating in KSA pharma logistics market and cross-comparison of major players operating in KSA pharma market. The report concludes with future market projections on the basis of overall logistics and pharma logistics revenue, by service mix and analyst recommendations highlighting the major opportunities and cautions.

Saudi Arabia Pharma Logistics Market

Saudi Arabia Pharma logistics market showcased a volatile growth trajectory. Pharma logistics revenue stood at USD ~ Million in 2019 and further grew at a CAGR of ~% during 2014-2019. The market witnessed a downfall during 2016-2017 due to oil price shock further leading to an economic slowdown. The pharma industry in Saudi Arabia is majorly dependent on the imports from various countries. Saudi Arabia’s Vision 2030 and the NTP’s priorities for job creation and economic diversification provided a strong incentive for both the private and public sector to develop the life sciences industry in general, and pharmaceuticals. The Saudi Arabian Government’s attempts to reduce its dependence on oil and increase inward investment through its Vision 2030 economic policy have allowed 100% FDI in the pharma sector boosting the growth of the market. Development in infrastructure facilities coupled with government initiatives has collectively improved the capacity of the ports during 2016-2018. Large investments in road infrastructure under Saudi Vision 2030, a 680 Km Saudi-Oman highway, and the UAE-Saudi Mafraq-Ghuwaifat International Highway underway. The government of Saudi Arabia is working on new multi-mode logistic stations and two new railway lines to link GCC countries in the east & Yanbu-Jeddah in the west.

Saudi Arabia Pharma Logistics Market Segmentation

By Service Mix (Freight Forwarding, Warehousing, and Value-Added Services): The logistics industry is fragmented with few players majorly focusing on the pharma end users. Large numbers of pharma companies are having their own warehouses and fleet for transportation and avoid outsourcing the logistics services. The warehousing segment of the pharma logistics market is the biggest contributor to growth in this sector and was observed to dominate with a market share of ~% in 2019. The market size for the warehousing segment of the pharma logistics market was recorded at USD ~ million in 2019. The cities of Jeddah and Riyadh have been the most populous cities in the kingdom.

Saudi Arabia Pharma Freight Forwarding Market:

The pharma industry is highly dependent on roads for pharmaceutical transport owing to the low barriers of entry in road freight. The Saudi government’s efforts to curb pharmaceuticals expenditures and promote local manufacturing have resulted in various companies to set up manufacturing units within the country. The road was observed as the most prominent freight mode in Saudi Arabia for Pharma logistics, followed by air and sea in the year 2019. The pharmaceuticals sector is characterized by a growing domestic manufacturing base, mainly for generic and Over the Counter (OTC) drugs, as well as licensing arrangements with branded research-based foreign innovative drug manufacturing firms. Reduced imports of pharmaceutical products into the country to support the government’s aim of propelling domestic pharmaceutical manufacturing

Saudi Arabia Pharma Warehousing Market:

KSA Warehousing industry ecosystem is dominated by domestic companies in terms of warehousing space, followed by international companies. Riyadh, Jeddah, and Dammam are key warehouse and logistics clusters in Saudi Arabia given their large population base, high spending power, and availability of multiple modes of transportation (rail, ship, and truck). The major Companies include Tranzone Logistics, Mosanada Logistics, LSC logistics, Hala Group, 3 Camels Logistics, Agility, Motion Supply Chain, and others. Not many logistics companies in Saudi Arabia are SFDA Certified which holds them from providing warehousing services to the pharma clients.

Strong demand is anticipated for full-fledged integrated distribution centers that include new-generation logistics facilities (built-to-suit automation model) along with the emergence of 3PL companies that handle stock distribution for companies with large & sophisticated supply chains.

Comparative Landscape in Saudi Arabia Pharma Logistics Market:

The competition was observed to be highly fragmented in both the freight forwarding and warehousing segment along with the presence of both international and domestic players. Nevertheless, the local/domestic players have a larger presence in the market and were observed to compete on the basis of key clientele, revenue matrix, logistics networking, average pricing, technological advancement, and value-added services.

Saudi Arabia Pharma Logistics Market Future Outlook and Projections:

The rising demand for a variety of drugs as a result of increasing cases of chronic and lifestyle-related diseases is also a crucial factor that will drive market growth. Pharma Sales is expected to grow at a single-digit CAGR till 2025, signalling increasing pharmaceutical imports and production. The government is also diverting the funds towards creating a robust healthcare infrastructure by building new hospitals which would further lead to an increase in the demand for the logistics services.

Key Segments Covered in KSA Pharma Logistics Market: -

By Service Mix

Freight Forwarding

Warehousing

Value Added Services

KSA Pharma Freight Forwarding Market

By Mode of Freight

Road Freight

Air Freight

Sea Freight

By Type of Transport

Domestic Freight

International Freight

By 3PL & Integrated Logistics

3PL Logistics

Integrated Logistics

By Type of Delivery

Normal Delivery

Express Delivery

By Flow Corridors

Middle East

European Countries

Asian Countries

Others (North America, South America & Africa Region)

KSA Pharma Warehousing Market

By 3PL & Integrated Logistics

3PL Logistics

Integrated Logistics

By Cities

Jeddah

Riyadh

Dammam

Others

By Type of Warehouse

Ambient

Cold Storage

Key Target Audience

International Domestic Freight Forwarders

Warehousing Companies

Logistics Consultants

Pharmaceutical Dealers and Distributors

Ministry of Health

Time Period Captured in the Report:

Historical Period: 2014-2019

Forecast Period: 2019–2025

Companies Covered:

Mosanada Logistics

Oriental Commercial & Shipping Co.

Hala Shipping Services

Gulf System

Abdui Global

Four Winds

KWE Transport

Arabian Transport Co.

SITCO Logistics

Takhzeen Logistics

Agility Logistics

BAFCO International

Wolf Transport

GAC Logistics

JAS Logistics

3 Camel Logistics

Motion Supply Chain

Uniworld Logistics

NTF Logistics

Kerry Logistics

Kamer Logistics

Tranzone Logistics

Starlinks

RIADCO Logistics

Pharma Companies Covered:

Pfizer

Jamjoom Pharma

GSK

Hikma Pharma

Saja Pharma (Tamer Group)

Key Topics Covered in the Report: -

Saudi Arabia Overview and Major Economic & Logistics Zones

Healthcare Infrastructure

Government Initiatives

Economic zones in Saudi Arabia

Logistics Parks in Saudi Arabia

Cross Comparison of Pharma Logistics Market with GCC Countries

Saudi Arabia Pharmaceutical Manufacturing Clusters

End-User Analysis (Pharma)

Saudi Arabia Pharma Logistics Market

Saudi Arabia Pharma Freight Forwarding Market

Saudi Arabia Pharma Warehousing Market

Industry Analysis (SWOT Analysis, Trade Scenario, Regulations for Import & Export)

Covid-19 Impact on the Pharma Logistics Market

Comparative Landscape – KSA Pharma Logistics Market

Comparative Landscape in Saudi Arabia Pharma Market

Recommendations / Success Factors

Research Methodology

Appendix

For More Information on the Research Report, Click on the Below Link: -

Saudi Arabia Pharmaceutical Logistics Market

Related Reports by Ken Research: -

Saudi Arabia Dry Logistics and Warehousing Market Outlook to 2025 – Warehousing Automation and Investment within Transport Infrastructure to Drive Market Revenue)

Philippines Logistics Market Outlook to 2024 (Sixth Edition)– By Sea, Land, and Air Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Agriculture), By End Users; By Cold chain market (Cold transportation and Cold storages)

UAE Logistics and Warehousing Market Outlook to 2025 – By Road , Sea and Air Freight Forwarding; Domestic and International Freight, Major Flow Corridors, Integrated and Contract Freight Forwarding; By Warehousing (Industrial / Retail, CFS / Inland Container Depot & Cold Storage, Agriculture), End Users (Manufacturing, Retail, Food and Beverage, Automotive, Oil and Gas, Healthcare), Type of Warehouses; By Courier Express & Parcel Market , and, E-commerce Logistics

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

Profitable Insights of World RF Inductors Market Research Report 2024 (Covering USA, Europe, China, Japan, India and Etc) Outlook: Ken Research

 RF inductors are the inductors designed to be utilized in radio frequency (RF) applications. These inductors are specially designed to handle radio frequency signals, that are abundantly higher in frequency than alternating or direct (AC or DC) current. Besides capacitors and resistors, inductors compose a large majority of the elements found in resonant circuits that are essential for radio communication devices. RF inductors are classified into three sorts: Wire wound type, Film type, and Multilayer type. RF inductors are usually designed with coils spaced any distant than low-frequency inductors. They will conjointly feature tubular wire or metal strip to extend the expanse. RF inductors are effective against physical phenomenon and eddy current losses, and have low self-capacitance and high self-resonance that create them effective for frequencies above 3 MHz.

According to the study,’ World RF Inductors Market Research Report 2024 (Covering USA, Europe, China, Japan, India and etc)’ express that there square measure some corporates that presently functioning many with success for dominant the prime effective growth of the market and getting the productive competitive edge whereas acceptive the productive profitmaking ways in which policies like joint ventures, partnership, merger, mergers and acquisitions and merchandise the development includes RF Inductors, AVX, TDK, Coilcraft, Inc, Taiyo Yuden, Laird PLC, Chilisin, Delta Group, Vishay, Sunlord Electronics, Token, API Delevan, Wurth Elektronik and Johanson Technology.  Makers these days are manufacturing high-quality inductive elements that are viable for many applications as well as automotive and consumer electronics. Thus, it is promoting the general market growth.  RF Inductors market is further segmented by Type and by Application. By Type, segmented into Wire Wound Type, Film Type and Multilayer Type. By Application, segmented into Mobile Phone, Consumer Electronics, Automotive, Communication Systems and Others.

By geography, World RF Inductor Market is segmented into USA, Europe, Japan, China, India and South East Asia. Asia Pacific is expected to keep its dominance over forecast period. APAC is a big hub for client’s electronics makers among others. At present, within the foreign industrial developed countries the RF Inductors industry is usually at a more advanced level, the world's large enterprises are mainly concentrated in Japan. Meanwhile, foreign companies have a lot of advanced instrumentation, robust R & D capability, the technical level is in an exceedingly position. However, foreign companies’ manufacturing price is comparatively high, compared with Chinese firms, the producing price has competitive disadvantage, because the Chinese RF Inductors production technology continues to boost, their share in the international market is increasing, aggressiveness within the international market bit by bit increase.

Although, the unsteady costs of the raw material, and rigorous government regulation for the assembly of electronic devices, hampers the expansion of the general RF inductors market. The world RF inductors are mostly operated by increasing request for costumers’ electronics, personal computers, automotive electronics, and RF transceivers.  Further, the automotive sector is additionally proving to be the foremost distinguished possibility for RF inductors makers, attributable to increasing electronic elements in vehicles. Furthermore, the increasing disposable income of the consumers is expected to spice up market growth in the coming years.

For More Information, Click on the Link Below:-

World RF Inductors Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249