India Commercial Two Wheeler Market Outlook to 2025: Ken Research

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The report titled “India Commercial Two Wheeler Market Outlook to 2025: Driven by Changing Shopping Habits of Consumers and Rise in Demand from Tier II &  Tier III cities" provides a comprehensive analysis of the Commercial Two Wheeler Market in India across various financial and operational parameters including Fleet Size, Number of Drivers, Fleet Management Model, Payouts, A number of Orders/Shipments, and others. The report covers various aspects including the current scenario of Grocery Delivery, Food Delivery, Bike Taxi, E-Commerce & Courier Delivery Market in India.

It also provides a detailed analysis of the impact of COVID-19 on the market and a detailed explanation of the competitive scenario including cross-comparison between major players, SWOT concluding with future scope and analyst recommendations.

Market Overview: India Commercial Two Wheeler Market

India Commercial Two-Wheeler Market is currently positioned to be in a growth stage with companies reducing dependence on personal vehicle and expanding partnerships with delivery agents, third-party logistics companies, and maintaining an in-house fleet to conduct day to day business operations.

Commercial Two Wheelers are primarily deployed in Grocery Delivery, Food Delivery, Bike Taxi, E-Commerce, and Courier Delivery Segment. The majority of the commercial two-wheelers are deployed in Tier I cities namely Delhi NCR, Bengaluru, Hyderabad, Mumbai, and Others. The bike is the more preferred mode of transport as compared to scooty as it offers better mileage. Bikes between 100-120 CC are preferred by delivery agents for commercial purposes.

Market Segmentation by Region (Delhi NCR, Bengaluru, Hyderabad, Mumbai, Chennai, Kolkata, and others)

The majority of the commercial two-wheelers are deployed in Tier I cities owing to high the demand for e-commerce, food delivery, grocery delivery, and bike taxi services in the region.

Market Overview: Grocery Delivery Market

The majority of the market is dominated by the unorganized fleet. Unorganized Players do not have a designated fleet for grocery delivery and used their personal vehicles for fulfilling customer orders. Online Grocery delivery companies partner with delivery agents, logistics companies, and rental companies for last-mile delivery. Pune, Chandigarh, Kanpur, Ahmedabad, Allahabad, Bareilly have been considered as emerging regions for the same. The average age of vehicles deployed in Grocery Delivery is 4-5 Years. Major Players operating in the market are Big Basket, Amazon (Pantry and Fresh), Grofers, Spencers, Big Bazaar, and Others.

Market Overview: Food Delivery Market

Food Delivery industry transitioned with the introduction of Zomato and Swiggy. Companies maintain in-house fleet & partner with delivery agents, logistics companies, and rental companies for last-mile delivery. Delivery Agents are paid between INR 15,000- 16,000 per month if they work on a fixed monthly salary basis. Partnerships with delivery agents are not exclusive in nature. A delivery agent could work with multiple companies at the same time. The introduction of drones is expected to reduce dependence on human labor for last-mile delivery.

Market Overview: Bike Taxi Market

Ola, Uber and Rapido is the major players capturing the majority share in India Bike Taxi Market. Companies partner with delivery agents who use their personal vehicles to fulfill customer orders. Major vehicle models deployed in Bike Taxi Market are Hero Splendor, Bajaj Platina, Hero Passion, Honda Activa, and others.

Market Overview: E-Commerce and Courier Delivery Market

More than 90% of the vehicles deployed in the E-Commerce & Courier Delivery Market belong to delivery agents. Initially, companies partnered with logistics companies for last-mile delivery. With the influx of huge orders, the company started its in-house logistics segments to fulfill a customer order. Major players operating in the industry are Xpressbees, DTDC, Gati, E Kart, ATS, and Bluedart.

Future Outlook and Projection

Commercial Two Wheeler Fleet Deployed in India is expected to increase at a CAGR of 21.8% between FY’2020 and FY’2025. Companies are anticipated to increase fleet deployed in Grocery Delivery, Food Delivery, Bike Taxi, and E-Commerce Delivery Market owing to the expected rise in demand for services. Companies are also expected to increase partnerships with electric vehicle manufacturers for last-mile delivery.

Key Segments Covered: -

By Market Structure

Organized Market

Unorganized Market

By Regions

Delhi NCR

Bengaluru

Hyderabad

Mumbai

Chennai

Kolkata

Other Regions (Pune, Chandigarh, Ahmedabad, Rajkot, Nagpur, Nashik, Aurangabad, and Others)

By Vehicle Ownership

Owned by Delivery Agent

Owned by Company

Others (Partner with Third-Party Logistics and Rental Companies)

By Vehicle Type

Bikes

Scooter & Scooty

By End-User Industry

Grocery Delivery Market

Food Delivery Market

Bike Taxi Market

E-Commerce and Courier Delivery Market

Companies Covered

Big Basket

Amazon (Pantry and Fresh)

Grofers

Spencers

Big Bazaar

MilkBasket

Dunzo

Swiggy

Zomato

Box8

FreshMenu

Rebel Foods

Dominos

Rapido

Ola

Uber

Xpressbees

DTDC

Gati

E Kart

ATS

Bluedart

Ecom Express

Shadowfax

Delhivery

Lalamove

Key Target Audience

Online Grocery Delivery Companies

E-commerce and Courier Companies

Food Delivery Companies

Bike Taxi Companies

Ride Hailing Companies

Two Wheeler OEMs

Investors and Venture Capitalists

Industry Associations

Regulatory Bodies

Time Period Captured in the Report:-

Historical Period: FY’2014-FY’2020

Forecast Period: FY’2020-FY’2025

Key Topics Covered in the Report:-

Payout Mechanism of Delivery Agents

Impact of COVID-19 on Grocery Delivery, Food Delivery, Bike Taxi, E-Commerce & Courier Delivery Market

The journey of a Delivery Agent with an Aggregator Platform

Working Model in Bike Taxi, Grocery Delivery, Food Delivery, and E-Commerce Market

Vehicle Sourcing Methods in Commercial Two Wheeler Market

Anticipated Growth in Grocery Delivery, Bike Taxi, Food Delivery, and E-Commerce Delivery Market

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

India Commercial Two Wheeler Market Growth

Related Reports by Ken Research:

India Rental Two Wheeler Market Outlook to 2025 - Driven by Introduction of Electric Vehicles and Adoption of Dockless System in Vehicles

India Used Two Wheeler Market Outlook to 2025- Driven by Increase in Workforce Migration and Aversion towards Using Public Transportation

Europe Car Rental Market Outlook to 2025- By Region (France, Germany, Spain, United Kingdom, Italy, Portugal, Ireland, Poland and Others), By Fleet (Compact, SUV, Luxury) and By Purpose (Leisure and Business), Car Sharing By Fleet Size and Users and Cab Aggregator By Revenue and User)

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

Rise in Number of Industrial Applications to Drive the Power Tools Market over the Forecast period: Ken Research

Tools that are powered with a power source are referred as power tools. These power tools are used in various areas such as servicing & repair, manufacturing & assembly line and packaging & DIY applications. Power tools are supplied globally by various machine suppliers to various sectors including automobile, aerospace, shipbuilding & consumer electronics, energy & control, the safety of power tools and regulatory enforcement are key concerns for manufacturers. Rise in adoption of cordless power tools, growth in construction industry in emerging economies and surge in demand for fastening tools in industrial environments are the major factors driving the growth of the power tools market.

The Power Tool Market Competition is very intense because of various manufacturers are operating in this market. This Power Tool Market Research Report covers the analysis of key stakeholders of the market. Key players profiled in the report include Emerson Electric Co., Robert Bosch GmbH, Koki Holdings Co., Ltd., Panasonic Corporation, and Atlas Copco AB, Techtronic Industries Co., Ltd., Snap-On, Inc., Apex Tool Group, LLC, Stanley Black & Decker, Inc., and Makita Corporation. These key enterprises in the global market are concentrated on the launch of technologically advanced products. Apart from this, numerous companies are expanding their businesses in the new regions. These moves are helping enterprises to strengthen their market position.

Based on equipment type, the global power tools market is segregated into three categories: pneumatic, electric and engine driven. Electric power tools include drills, screwdrivers, polishers & grinders, sanders, planers & routers and impact wrenches. The demand for these tools is enthusiastic on the kind of technology used by end-users. The development of construction sector all over the world and introduction of smart city plans in various emerging economies, especially in Thailand and India, will augment the demand for this market during the forecast period.

Prominent utilization of the power tools in wind turbines to reduce the maintenance costs and construction charges will prompt the market growth over the ensuing years. In addition to this, increase in use of electric power tools and growth in production of energy efficient power systems have culminated into massive market demand in the recent years. Moreover, high labor charges in the emerging economies have constrained the firms in the manufacturing industry to improve the utilization of power tools for increasing the proficiency of the business operations and enhance the productivity of material handing instruments. This, in turn, will assist the power tools market flourish over the coming decade. However, high costs of the power tools may impact the market. Furthermore, rise in demand for lithium-ion batteries, particularly the Ni-Cd, cordless power tools gaining popularity, domination of China-manufactured power tools and global housing sector recovery are key trends for market.

Based on geography, the North-America dominates the power tools market. Both U.S. and Canada are early adopters of power tools that allow dominance in global market for the North-America region. Whereas, the Europe region is a leading region in global market due to high production of electronic devices in the Germany Country. Additionally, the Asian-Pacific region is expected to witness higher growth rate due to low-priced of power tool and increase in manufacturing industry during the forecast period.

For More Information, refer to below link:-

Machine Power Tools Market

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

Prominent Growth Trends of Catering Industry Outlook: Ken Research

 The Catering Industry encompasses companies that function by doing business that delivers food service at several locations. There are several types of food catering services obtainable. Mobile catering serves food from a truck, cart or any other vehicle structured to attend food. The food is most often obliged at outdoor events, the workplace, and busy downtown locations. In addition, the Airline catering is a meal or snack that is aided to passengers on a plane. The meals assortment from modest beverages in coach to the gourmet meals in first class. The Boxed lunch catering is the preparation of lunches in distinct containers. They are often served to businesses throughout the working lunches. This form of catering formulates the food in progress and then drops it off at the particular area.

Although, over the five years until the end of 2019, steady requirement is projected to lead to uncertain growth. Requirement from the mining segment, which has supported the catering services industry over the last five years, is projected to pursue its growth (albeit more slowly) as mining corporates continue to seek appropriate hospitality choices for their staff. The effective augment in the household discretionary income is projected to encourage Australians to eat out, meaning customers will appreciate meals organized by caterers in airports, hospitals and foremost sporting and cultural events. 

However, the catering services across Qatar are principally dependent on the ex-pat populace engaged in the industrial and corporate segments. While most of the ex-pats returned to their home region, a deduction in the annual number of dealings being introduced, restriction on tourism, and non-functional flights led to a deduction in meals served on a daily basis. However, with the opening up of cities and comfortable restrictions, the industry is gradually forthcoming the pre-Covid levels. It is projected that FY’2020 would witness a slight deduction with pre-COVID levels being reachable by Q2 2021.

Nonetheless, the incumbents are allowing for the Football World Cup event as a tipping point for their functional performance and worldwide recognition. To circumvent losing out the business to intercontinental players, incumbents are undertaking aptitude development plans, re-branding their firm, opening restaurants intended at tapping individual consumers, expanding their MENUs, and accompanying with international firms. It would be fascinating to watch how corporates position themselves while applying for the tender procedure.

Foremost requirement for the industry is projected to take a positive turn in the next five years, after recessionary trends and low customer sentiment for the time being stifled revenue. An augment in requirement from high-income households and businesses will strengthen growth, with customers spending more money on parties and several other catered functions again and corporate resources loosened in line with tougher corporate profit. As a result of such trends, the number of businesses within the industry is also projected to increase. Therefore, in the near years, it is predicted that the market of catering will increase around the globe more effectively over the inflowing duration.

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Catering Market Future Growth

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Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Innovative Trends In Global Lyocell Fiber Market Outlook: Ken Research

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Lyocell fiber is another sort of regenerated cellulose fiber made of wood pulp. The strategy to provide cellulose solution is completely totally different from that of viscose rayon fiber, however. The Federal Trade Commission defines lyocell as a cellulose fiber that’s precipitated from an organic solution throughout that no substitution of the hydroxyl groups takes place and no chemical intermediates are shaped. The fiber is utilized to form textiles for clothing and different functions.

According to the analysis, ‘Lyocell Fiber Market Trends, Statistics, Growth, and Forecasts’ the lyocell fabric producing trade is extremely competitive with the presence of an outsized range of tiny and medium-scale players. A major range of corporations in Asian countries is capable of supply lyocell fibers at low costs that pose vital challenges to European and American corporations. Further, the trade is additionally witnessing exaggerated foray of the latest players, driving down the profits of existing vendors. Accordingly, big players in developed countries are that specialize in product differentiation, widening the scope of applications, and providing wort other lyocell fiber textiles. Major players in lyocell fibers embody Aditya Birla Group, Lenzing AG, Smart Fiber AG, AkzoNobel, Acelon Chemicals, Lenzing AG, Qingdao Textiles Group Fiber Technology Co., Ltd., etc. Rising demand for Biodegradable and pleasant feel on the skin (Skin-friendly) Fabrics is encouraging cellulose fibers to quickly penetrate into organic compounds fibers market. Sturdy demand increase from rising economies coupled with the foray of many tiny and medium scale makers is driving the market growth. However, volatility in raw material costs and restricted awareness create challenges for the cellulose fiber market growth. The disposable nature of lyocell materials, absence of toxic solvents throughout the producing method presents strong support for these fibers. Relatively, synthetic petroleum-based fabrics don’t seem to be biodegradable and involve toxic solvents within the producing method. Lyocell fiber has important benefits compared to different cellulosic staples. The eco-friendly fabric is 100% biodegradable and has strong advantages like eco print, high fibers' permeability, and wet absorption, swish, and soft surface. Further, the Lyocell fiber dry and wet tensile strength is more than the other human-created cellulosic staples. Additionally, Lyocell’s smooth fiber surface is soft and supple against the skin and is one in every of the foremost appropriate fabric for sensitive skin.

Based on the regional investigation, the Lyocell Fiber Market is classified across the world that majorly involves Asia-pacific, Europe, Japan, China, India, and also the last region is South East Asia. Asia-pacific is anticipated to be the most country in the world in terms of market share owing to the rising range of Lyocell Fiber consumers within the region. While China is additionally expected to exhibit the highest rate of growth/ CAGR over the forecast period.

Furthermore, economic factors like an increase in per capita income and a rise in the GDP of the nations are also key factors driving the demand for the Lyocell fibers market in home textiles. Additionally, the enhanced durability of the fabrics is anticipated to be a chance for industrial growth. The presence of renowned textile-producing industries across rising nations like China, India, Bangladesh, and others coupled with the increased efforts of the governments to extend the production volumes is also set to drive the market demand. Thus, it is predicted that the Lyocell Fiber market will increase in the upcoming years.

For More Information on the Research Report, refer to the below links: -

Global Lyocell Fiber Market Growth

Related Report: -

Global Lyocell Fiber Market 2019 by Manufacturers, Regions, Type, and Application, Forecast to 2024

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Dissimilar Developments across Pet Food Packaging Market Outlook: Ken Research

 Pet food packaging is utilized for the wrapping or enclosing food items created specifically for animals (pets). The packaging of such product is available in the market over rigid, semi-rigid, and flexible choices. The pet food packaging market is principally driven by the issues like rising adoption of pets, innovation in packaging, and increasing income of pet owners. The market growth is hindered with tight pet food rules.     

According to the study, ‘Pet Food Packaging Market Trends, Statistics, Growth, and Forecasts’ the COVID-19 pandemic has inspired customers to shift towards larger pack sizes within the pet food market in 2020. Several customers can so like better to obtain pet food via e-commerce, with this more encouraging the purchase of bigger pack sizes because of the convenience offered by home delivery and additionally the attractive costs available for bulk packs on-line. Consumers’ want to economise within the wake of the COVID-19 pandemic also will also encourage a shift towards larger pack sizes, as these provide a lot of attractive unit costs. This trend is predicted to be particularly pronounced in dry pet food, wherever massive packs over 10kg are predicted to achieve share within the year. Premiumisation also will still continue to be a key trend within the pet food in 2020, despite the economic uncertainty created by the pandemic. Mid- and high-income pet house owners are more and more targeted on guaranteeing optimum nutrition for their pets, within the hope of boosting their health, happiness and longevity.

Premium packaging therefore plays a key role in appealing to those customers seeking the most effective in dog and pet food. Makers giving premium pet food therefore got to make sure that their packaging helps to justify their higher costs. There’s expected to be very little vital overall impact from the COVID-19 pandemic in 2020/2021. The forecast amount is but predicted to see rising pack size polarisation in pet food. The growing ownership of pets within the US continues to lift demand that can offer current support to the expansion of resalable versatile packaging within the forecast amount. The pet food packaging market includes major key players that are functioning a lot with success for increasing the market include Amcor Plc (Australia),  Mondi Plc (South Africa), Sonoco Products Company (US), Constantia Flexibles (Austria), and Huhtamaki OYJ (Finland).

The regional investigation of pet food packaging market is taken into the account for the key regions like Asia Pacific, North America, Europe, Latin America and remainder of the World. North America is anticipated to the foremost country across the planet in terms of market share owing to the increasing variety of pet food packaging client among the region. While, Europe is predicted to exhibit highest rate of growth/ CAGR over the forecast amount.

Additionally, growing awareness regarding the pet humanization trend and considerations regarding the health of pets, folks are preferring quality packaging food products that may shield the pet food from spoilage and have quality standards like human food packaging. Moreover, the increasing client preference for convenience over price has inspired makers of pet food packaging products to initiate their product offerings over the years. Throughout this regard, the industry has been witnessing a stable demand for convenience and single-serve packaging in mutually pet treats and food. Thus, it is predicted that the Pet Food Packaging market can increase within approaching years.

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Global Pet Food Packaging Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Considerable Development of New Medication Techniques led to Use of New Medical Devices Globally: Ken Research

Medical devices refer to instruments or machines for prevention, diagnosis & treatment, monitoring, or alleviation of the disease. These devices offer various advantages to patients by helping medical service providers in diagnosis & treatment of patients and assisting patients to improve their quality of life. With technological advancements, the role of these devices is expanding for improving quality of care across each stage of the healthcare continuum.

On the basis to type of devices, market is segregated as ophthalmic devices, surgical equipment, dental equipment & supplies, In-vitro diagnostics, nephrology & urology devices, cardiovascular devices, hospital supplies, diagnostic imaging equipment, anesthesia & respiratory devices, patient monitoring devices, orthopedic devices, diabetes care devices, neurology devices, ENT devices and wound care devices. Ophthalmic devices segment include cataract surgery devices & equipment, refractive surgery devices & equipment, vision care devices & equipment and diagnostic or monitoring ophthalmic devices & equipment. Dental equipment & supplies segment include dental diagnostic imaging devices & equipment, general dental devices & equipment and dental surgical devices and equipment. In-vitro diagnostics segment includes immune chemistry diagnostic devices & equipment, microbiology diagnostic devices & equipment, hemostasis diagnostic devices & equipment, point-of-care diagnostics devices & equipment, hematology diagnostic devices & equipment, clinical chemistry diagnostics devices & equipment, immunohematology diagnostic devices & equipment and molecular diagnostics devices & equipment. Additionally, diagnostic imaging equipment segment includes Computed Tomography (CT) scanners devices & equipment, x-ray systems devices & equipment, ultrasound systems devices & equipment, nuclear imaging devices & equipment, magnetic resonance imaging systems devices & equipment and cardiovascular monitoring or diagnostic devices & equipment. Based on type of expenditure, market is segregated as public expenditure and private expenditure. In addition, based on end-user, market is segregated as hospitals & clinics, homecare and diagnostic centers.

The Medical Devices Industry Research Report covers the analysis of leading stakeholders of the market. Key players profiled in the report include Abbott Laboratories, Siemens Healthineers AG, Medtronic Plc., Johnson & Johnson, Baxter International Inc., Covidien Healthcare India Private Limited, 3M Company, Metran Co., Ltd., Yuwell - Jiangsu Yuyue Medical Equipment & Supply Co., Ltd., Accord Medical Products Private Limited, Agappe Diagnostics Ltd and Shinva Medical Instrument Company Limited.

Consumer awareness is major factor to drive global medical device market. Increasing market competitiveness & scope of strengthening the infrastructure facilities is expected to raise investment in the medical industry. The popularity of wearable medical devices as well as portable devices to detect diabetes at early stage among clients has augmented the demand of medical technology sector. However, lack of awareness, lack of proper diagnostics, appropriate resource availability, and poor quality of health services has affected the foremost part of the African region. Moreover, integrating with IoMT (Internet of Medical Things) to become a healthcare partner, heightened threat of cyber security and data as another source of revenue are key trends for market.

Medical Devices Market Future Outlook: - In healthcare industry, the implementation of big data is acquiring entire global medical device market and anticipating promising opportunities in near future. The continuing digital transformation of the market has modernized the services & emphasizes the qualitative care. This data-driven medical service has considerably increased the investment in Research & Development (R&D) sector. The collaboration of key verticals such as pharmaceuticals, data analytics and services has huge scope in development of healthcare industry eventually will increase the growth of medical device market.

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Medical Devices Market Revenue

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

We Provide Analysis & Advisory Services for the Cyber Security Related Issues: Ken Research

Cyber security market is a fastest growing market in the global Information technology (IT) security sector. Rise in per capita cost of data breach is a major factor to boost the investments by the private companies for strengthening their network security. Growth in implementation of stringent government regulations along with increase in government as well as private sector spending towards ensuring cyber security and developing capable human resources is fueling the adoption of advanced cyber security solutions such as Security Information & Event Management, Unified Threat Management, Next-Generation Firewall (NGFW), Intrusion Detection System or Intrusion Prevention System etc. Increasing the role of cyber security analytics services for predicting the trend of cyber-attacks to assist organizations in mitigating financial losses acquired during a cyber-attack is anticipated to attract Research & Development (R&D) investments in the coming years. Predictable growth in R&D investments is probable to result in the development of advanced cyber security solutions to protect mobile devices, personal information, and content etc., which in turn would stimulate the growth in global cyber security market over the forecast period.

This Market Research Reports Of Cyber Security forecasts the revenue growth at global, regional, and nation levels that provides an analysis of the most recent industry trends in each of the sub-segments. For the purpose of this study, Ken Research has segmented the global cyber security market report on the basis of deployment type, security type and organization size. The cyber security market is bifurcated by deployment type into cloud and on-premises. The cloud deployment type is estimated to witness highest growth owing to its high demand by organizations, since it provides many benefits including scalability, reliability, affordable, flexibility, and remote location access during the forecast period. The market is also bifurcated by security type into network security, cloud security, endpoint security, application security and others (industrial control system (ICS) security, database security, content security, and web security). The network security type is projected to witness highest growth due to increase in number of security breaches targeting networks wherein hackers effort to get access to sensitive data during the forecast period. In addition, market is also segmented by organization size into large size and small & medium-sized enterprises (SMEs).

Nowadays, the cyber security market is expanding rapidly due to growth in number of internet users and proliferation of mobile & personal computing devices that resulted in increased threat level among the users, as a result, leading to rise in demand for antivirus software. Additionally, awareness among various end-users are increasingly rising, enterprises augmented their security budgets and have started investing a lot in these solutions. Anti-virus is software that protects & secures the user’s computer from the threats while browsing several websites simultaneously whereas, Anti-malware is interchangeably used with the anti-virus, generally used for stealing the personal & business information. Key enterprises in the global Antivirus and Antimalware Market are gradually shifting toward the reputation-based security for providing comprehensive features to their customers. The benefit with reputation scanning is its ability to recognize new threats as they are created. It is predicted that Global Antivirus and Antimalware Market will be reached at rapid pace because of increase in sales of mobile phones, tablets, and laptops coupled with rise in spending power among the vast middle class during the forecast period.

Antivirus is a type of program that protects PC/laptop or mobile/tablet from attack of malware such as viruses, worms, root kits etc. They may steal the important data from the computer or slow down the system. The antivirus checks the properties of each file to make sure that it is not part of malicious file. There is a variety of antivirus available in market. Most of antivirus has two or three types of scanning method for instance full scan, custom scan and quick scan. It is very significant to install antivirus before connecting system with internet. It is also very significant to keep updating antivirus software as hackers are always coming up with new infections.

For More Information, refer to below link:-

Antivirus and Antimalware Market

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

Forthcoming Growth of Healthcare Packaging Market Outlook: Ken Research

 Healthcare packaging affords a variety of important functions, but its chief role is to safeguard a packaged medical device or pharmaceutical merchandise. As healthcare products might have unique conditions and sometimes need sterilization before packaging, packaging of healthcare merchandises is meant to equally uphold the very finest medical guidelines and standards, and at an equivalent time protect the integrity of the healthcare product. The package should make sure that the merchandise remains stable throughout its time period.

According to the analysis, ‘Healthcare Packaging Market Trends, Statistics, Growth, and Forecasts’ One common risk faced by the corporations is that of additive leaching into the liquid drug formulations. Enhanced adoption of pre-fillable syringes is predicted to increase the expansion of the market during the forecast period. The growing demand for pre-fillable syringes is fuelling innovations in syringes like the designing of multi-chambered syringes and therefore the adoption of technology to scale back leachable and extractable. Pre-fillable syringes provide many benefits like minimization of drug waste, extension of product life, and convenience in drug administration. The parenteral containers market is expected to rise at the second-highest rate among all the segments, showcasing a rate of 9.41% during the forecast period. These containers are popular because they assist maintain the high bioavailability of the drug and fast action rates. The utilization of those containers lowers the risk of contamination as they’re completed from highly aseptic products. A number of the opposite trends within the market are the mixing of packaging products with protective technologies, the growing popularity of superior plastics as a raw material, a rise in contract manufacturing, a rise within the demand for blister packs, and the growing use of child-resistant and tamper-evident packaging. With increases within the demand for and therefore the supply of products, the healthcare industry has become a big contributor to the GDP of most countries. Within the overall healthcare industry, the pharmaceuticals segment accounts for the very best share. The several players include in enhancing the market of the healthcare packaging are Gerresheimer AG, Schott AG, West Pharmaceutical Services Inc., Stolzle-Oberglas GmbH, SGD and lots of others.

The regional investigation of healthcare packaging market is taken into the account for the key regions like Asia Pacific, North America, Europe, Latin America and remainder of the World. North America is anticipated to the foremost country across the planet in terms of market share due to the increasing sort of health care packaging consumer within the region. While, Asia pacific is predicted to exhibit highest rate of growth/ CAGR over the forecast period.

One of the main factors driving the healthcare market is advances in technology to enhance the lives of patients. Improving the lives of patients involves finding better treatment as well as ensuring that patients have access to medications once they require them. Thus, new inventions within the industry not only foster medical development, but also attempt to make sure that patients have quick access to the medicines resulting in innovations in packaging. The rising demand for anti-counterfeiting techniques to guard the interests of patients has further strengthened the pharmaceutical packaging's growth. The expansion prospects of the market studied are expected to depend upon the general growth of the pharmaceutical and healthcare sectors. The arrival of latest healthcare medicines is one of the significant drivers of growth. The quickly growing pharmaceutical industry over the world is boosting the expansion of the market.

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Global Healthcare Packaging Market

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Covid-19 Impact On Indonesia Pharmacy Retail Market Growth: Ken Research

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In-Depth Analysis Of The Covid-19 Impact On Indonesia Pharmacy Retail Market

The global outbreak of the Covid-19 virus has led to massive disruptions in all industries, majorly due to supply chain disruptions. The looming public health crisis has claimed over 17,479 thousand lives in Indonesia as of 4^th December 2020 and apart from that, it continues to pose a threat to the lives, livelihoods, and businesses across the world.

Indonesia has been severely affected by the COVID-19 crisis. The lack of a centralized and adequate government response has led to uncoordinated responses, including a lockdown on Jakarta and business-as-usual in various sectors. August 2020 report from the Central Statistics Agency (BPS) stated that Indonesia's economic growth in the second quarter of 2020 was -5.32%. Previously, in the first quarter of 2020, BPS reported that Indonesia's economic growth only grew by 2.97%, down considerably from the growth of 5.02% in the same period in 2019. The healthcare capacity constraints have been an issue in Indonesia, even before the start of COVID. According to the Ministry of Health, Indonesia currently has only about 321,544 hospital beds to serve a population of about 270 million people as of January 2020. This accounts to about 1.2 hospital beds per 1,000 populations.

Effect on Drug Demand in the First Half of 2020: The imposed lockdown in the country and the social distancing norms have severely impacted the pharmaceutical demands in the country. Companies that had the widest product portfolios, and were not dependent on a few medication items (particularly prescribed medications) were stronger in withstanding the market shock brought about by the pandemic. The companies that were built on a single product line were impacted as during the pandemic the number of patients visiting hospitals for treatment for acute or chronic conditions slowly decreased. Pharmaceutical companies saw declines in demand for drugs during the Covid-19 pandemic as people avoided visiting medical facilities. ‘Kalbe Farma” a premier drug maker in Indonesia saw a 4.2% decrease in the sale of prescription medicines for the year ended June 30 2020. The production capacity of various pharmaceutical companies was as low as 50% due to a drop in demand during Q2-20. Due to COVID-19 restrictions in the country, the annual growth rate of the chemical, pharmaceutical and traditional medicine industry was just 5.59% in the first 3 months of 2020, down from the 11.53% annual growth recorded in the same period in 2019.

Effect on Online Retail Demand in the First Half of 2020: Stay-at-home orders amidst the pandemic increased the sales of telemedicine and Online Drug Retail companies. ‘Halodoc’, a telemedicine startup in Indonesia saw a 35% increase in basket size for pharma orders between weeks 8-13 of a pandemic. Another telemedicine platform provider in Indonesia Alodokter reported a skyrocketing uptake in the demand for the apps and related services. The growth of online retailing has helped in bridging the gap between the pharmacies and customers, especially during the pandemic. Growing internet penetration coupled with an improving logistic landscape has complemented the growth in sales of the pharmacy retail market via their e-stores.

Temporary & Long Term Shifts in the Business Practices: The demand for prescribed drugs including both generic and patented is expected to remain low throughout 2020 due to the reduced number of trips to hospitals and pharmacies. The demand for OTC drugs is however expected to recover in the second half of the year with increased activity in e-commerce and logistics sectors and to support commercial supply chains with relaxations in mobility restrictions coupled with increasing self-medication behavior in the country. The increasing health awareness among the citizens in the country along with government efforts to reduce the prices of medicines is expected to drive the demand for OTC drugs, especially the non branded generics. The ease in the lockdown is expected to increase the footfall for the pharmacy stores and increase average revenue per pharmacy in the coming future.

The industry is expected to witness a steady recovery from 2021 onwards and the sales volume reaching pre-COVID levels in the next few years. In the longer run, pharmacy chains are expected to shift towards online sales channels including e-commerce platforms, online marketplaces, and investing in an official online store, particularly for OTC drugs, which might account for the majority of the retail sales volume in the future. As a result of the Covid-19 pandemic, online buying is expected to dominate the buying preferences of consumers in the future. Strategic partnerships with independent & franchisee pharmacy store owners, and as well other stakeholders in the industry are expected to lead the industry to recover and boost drug sales volume in the future. This would be coupled with a focus on generic medicines, the introduction of new and innovative OTC products, and continued investment in marketing and promotion to drive the sales revenue. Basis all these factors, the Indonesia Pharmacy Retail Market is expected to grow at a CAGR of 1.5% on the basis of sales revenue during the forecast period 2019-2025.

Key Segments Covered: -

By Market Structure (Organized & Unorganized),

By Type of Product (Prescribed Drugs, Over-The-Counter, Non-Pharmaceutical Products & Medical Equipments)

Further Segmentation of Product Type based on Hospital-based and Street/Mall Based Pharmacies

By Region (West Java, East Java, Central Java, Jakarta, North Sumatra  & Others)

By Type of Drugs (Patented & Generics)

By Therapeutic Areas (Anti-Infective, Cardiovascular, Pain/Analgesics, Vitamins/Minerals /Nutrients, Antibiotic, Respiratory, Gastro-Intestinal, Gynecology, Neuro & Others)

Companies Covered: -

Kimia Farma Apotek

Apotek K-24

Guardian

Watsons

Century

Viva Apotek

Griya Farma

Key Target Audience

Pharma/Medicine Manufacturers

Medicine Distributors/Wholesalers

Health Supplements and OTC Products Manufacturers

3PL Logistic Players

Government Organization catering to the Pharmaceutical Industry

E-Pharmacy Players

Offline Pharmacy Players

Hospitals

Industry Associations

Time Period Captured in the Report:-

Historical Period – 2014-2019

Forecast Period – 2020-2025

Key Topics Covered in the Report: -

Healthcare Overview of Indonesia

Trends and Growth Drivers in the Industry and Challenges Faced

Contraceptive Usage and Trends in Indonesia

Indonesia Pharmacy Retail Size and Segmentations, 2014 - 2019

Ecosystem and Value Chain of Pharmacy Retail Industry in Indonesia

Industry SWOT Analysis and BCG Matrix

Customer Decision Making Parameters

Cross Comparison between Major Players and Company Profiles & Product Portfolios

Future Market Size and Segmentations, 2019-2025F

Covid-19 Impact on the Industry & the Way Forward

Analysts’ Recommendations

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

Indonesia Pharmacy Retail Market Growth

Related Reports by Ken Research: -

Thailand Pharmacy Retail Market Outlook to 2025 - By Market Structure (Organized & Unorganized Segment); By Region / Cities (Bangkok & its Vicinity, Central, South, Northeast, North, Eastern & West); By Product Categories (Prescribed, OTC, Non-Pharmaceutical Products and Medical Equipment); By Therapeutic Areas; and By Product Type (Patented & Generic Drugs)

Taiwan Pharmacy Retail Market Outlook to 2025 - By Market Structure (Organized and Unorganized), By Region (Taipei Division, Northern Division, Central Division, Southern Division, KaoPing Division, and Eastern Division), By Product Sales (Prescribed Medicines, OTC Products, Non-Pharma Products and Medical Equipment’s), By Drug Type (Generic And Patented) and By Therapeutic Class

Philippines Pharmacy Retail Market Outlook to 2025 - By Market Structure (Organized and Unorganized), By Location (Standalone and Hospital-Based), By Region (North, Central, and South), By Product Sales (Prescribed Medicines, OTC Products, Non-Pharma Products, and Medical Equipments), By Drug Type (Generic And Patented) and By Therapeutic Class

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

Intensifying Insights Of Philippines Information Technology Market Outlook: Ken Research

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Philippines’ information technology is calculable to be one in all the rising markets within the future, which needs hardware, software, and different IT services. Through database management, IT technology is utilized in libraries, hospitals, banks, shops, prisons, hotels, airports, train stations, and others. Non-public and government consumption can additionally support IT spending in the Philippines. It’s the utilization of computers to store, retrieve, transmit, and manipulate data or information. It’s generally used in the context of business operations as opposed to personal or entertainment technologies.

According to the study, ‘Philippines Information Technology Market Trends, Statistics, Growth, and Forecasts’ Philippines plays a significant role within the IT outsourcing services and is one of all the most important markets within the IT sector. High dependency and exposure to China, increasing trade wars between the US and China can impact the expansion of the Philippines IT market. The software and IT services segments are growing at a maximum rate within the country particularly within the cloud applications because of the rising adoption of cloud services by the private sector corporations. The computer hardware market growth within the country is supported by enhanced spending to renewed components of the installed computers. The country has a big share of windows 7 users as of January 2020. Windows has stopped updates for Windows 7 in January 2020 and this is often possible to encourage private corporations to upgrade their computers, which can boost the sales of computer hardware and software. Government specializes in investing in supporting IT systems, giant-scale IT infrastructure projects in the air, sea, and railway sector can additionally generate demand for the IT sector. Accenture, Convergys Philippines, JP Morgan Chase, Sutherland Global are some of the major key players in this segment.

In addition, Information Technology and Business Process Management are one of all the foremost prospective sectors within the country with its revenue increasing 15 times over 2004-2018. The IT-BPM has contributed to around 2.7% of the GDP in 2004 and has enhanced its share to 6.2% by 2016. The utilization within the IT-BPM sector has exaggerated to 1.14 million by 2016, increasing by 1200% over 2004. Philippines is projecting itself as a significant world destination for IT-BPM and is that the 2ndlargest market globally within the non-voice services. Low trade barriers, low operating prices, advancements in the IT market, price-efficient delivery of services, and the presence of a huge skilled workforce are the key factors that have led to the success of the IT-BPM phase. Around half of the courses within the college are associated with the IT-BPM market and has the third-largest in terms of talent within the world, once China and India. Government support for the industry has also contributed to the development of the IT-BPM sector within the country. In the IT-BPM segment, Business Process Outsourcing has the most important share followed by IT services and animation.

 The growth of the internet has driven technological advancements within the IT sector. The Philippines IT market is predicted to grow at a maximum growth over the medium term with increasing spending within the IT sector and improving economic activity within the producing and services sector. Growing demand from the retail sector and increasing digitization within the retail and different sectors are additionally supporting the growth of the sector. Thus, it is predicted that the Philippines Information Technology market can increase in the upcoming years.

For More Information on the Research Report, refer to the below links: -

Philippines Information Technology Market Growth

Related Report:-

Information Technology Global Market Report 2020-30: Covid 19 Impact and Recovery

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249