Auto finance industry has seen substantial growth in credit disbursement backed by accelerated population growth, vehicle sales and surge in financial penetration: Ken Research

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Energy sector reforms impacting consumer demand:  The Egyptian Government undertook major energy sector reforms to address the power outages and re-establish Egypt's potential as an oil and gas producer by reducing pricing distortions and arrears.

Government initiatives impacting consumer behavior: Macroeconomic indicators have reacted positively to the energy sector reforms, which can be seen through accelerated economic growth (2018-19). This, clubbed with the foreign currency exchange rate market being contained, narrowed external deficits, and an increase in international reserves will make Egypt's economic reform program successful. This success will have a positive impact on the local passenger vehicles market as the country's GDP grows and consumers' purchasing power gradually increases.

Introduction to Fintech: The competition in the market is about who is offering the fastest service and not the lowest price. All the major players are investing in the fintech tool. The purchasing power is now going to be with the new/younger generation who are seeking technology. The financial institutions are targeting the new generation.

Poor Taxation and customs: Poor taxation and customs systems are some of the challenges that hinder the auto finance sector’s growth. A low volume of local manufacturing of automobiles is another challenge. Poor leadership, corruption, unequal distribution of funds, poverty and lack of trust in the central government are also impacting the economy of Egypt.

Digital maturity in the industry: Digital maturity of customers is continuously on the rise. They expect a personalized digital experience because of growing dissatisfaction with auto finance industry in offline environment. Egypt is witnessing a new wave of digital enhancements with several fin-tech platforms like Fawry, Vapulus, PayMe, PaySky and PayMob.

Analysts at Ken Research in their latest publication “Egypt Auto Finance Market Outlook to 2027– Driven by women drivers entering the market, digital advancements and initiatives by the Government" by Ken Research provides a comprehensive analysis of the potential of Auto Finance Market in Egypt. The rising demand for financing of cars among the population, along with Government Initiatives, is expected to contribute to the market growth over the forecast period.

Key Segments Covered:-

Egypt Auto Finance Market

By Vehicle Type

Passenger

Commercial

Total

By Vehicle Age

New Vehicle

Used Vehicle

Total

By Institution

Banks

NBFCs

Total

By Tenure

1-3  years

3-5 years

5-7 years

Total

Key Target Audience

Auto Finance Providers

Insurance companies

Car Manufacturers

financial service provider

NBFCs

fin-tech companies

Government Bodies & Regulating Authorities

Time Period Captured in the Report

Historical Year: 2017-2022

Base Year: 2022

Forecast Period: 2023F– 2027F

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Companies Covered:-

Auto Finance Providers

Banque Misr

National Bank of Egypt

Agricultural Bank of Egypt

Industrial Development Bank

Banque Du Caire

The United Bank

Bank of Alexandria

Commercial International Bank (Egypt)

Attijariwafa bank Egypt S.A.E.

Societe Arabe Internationale de Banque

Blom Bank - Egypt

Credit Agricole Egypt S.A.E

Emirates National Bank of Dubai S.A.E.

Suez Canal Bank

Qatar National Bank Alahli S.A.E.

Arab Investment Bank

AL Ahli Bank of Kuwait - Egypt

First Abu Dhabi Bank - Misr

Housing and Development Bank

Al Baraka Bank of Egypt S.A.E.

National Bank of Kuwait - Egypt(NBK)

Abu Dhabi Islamic Bank - Egypt

Abu Dhabi Commercial Bank Egypt

Egyptian Gulf Bank

Arab African International Bank

HSBC Bank Egypt S.A.E.

Arab Banking Corporation - Egypt S.A.E.

Export Development Bank of Egypt

Arab Bank PLC

Key Topics Covered in the Report:-

Egypt Auto Finance Market Overview

Ecosystem of Egypt Auto Finance Market

Business Cycle and Genesis of Egypt Auto Finance Market

Industry Analysis of Egypt Auto Finance Market

SWOT Analysis of Egypt Auto Finance Market

Key Growth Drivers in Auto Finance Market in Egypt

Major Challenges and Bottlenecks in Egypt Auto Finance Market

Regulatory Framework in Egypt Auto Finance Market

Competitive Landscape in in Egypt Auto Finance Market

Market Share of Major Auto Finance Providers in Egypt Auto Finance Market

Detailed Analysis on Egypt Auto Finance Market (Market Size and Segmentation, 2016-2022; Future Market Size and Segmentation, 2023-2027F)

Market Opportunity and Analyst Recommendations

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

Egypt Auto Finance Market

Related Reports By Ken Research:-

Malaysia Automotive Finance Market Outlook to 2026

Vietnam Auto Finance Market Outlook to 2026F

Philippines Auto Finance Market Outlook to 2026

3 Key Insights on Competitive Landscape in the Global Nanomaterials Market: Ken Research

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Country-niche Players and Regional Players hold ~40% and ~30% of the market revenue share respectively Despite the Presence of about ~500 Competitors, finds a Recent Market Study on the Global Nanomaterials Market.

Nanomaterials are materials that have at least one external dimension that lies between 1-100 nanometers or internal structures that measure 100 nanometers or less. These can occur naturally or be formed by combustion reactions through nanotechnology to be used for a particular purpose. These can be in the form of fibers, particles, tubes, or rods. The properties of the bulk form of nanomaterials can be different from that of the individual nanomaterials that are used to form them. Due to their properties such as electrical conductivity, hardness, elasticity, high strength, and chemical resistance, the application of nanomaterials is on the rise in the healthcare, automotive, electronics, and chemicals industries among others.

 Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1. Country-niche Players Hold Around 45%, Followed by Regional Players Holding ~30% of the Market Revenue Share

A comprehensive competitive analysis conducted during the Research Study found that the Global Nanomaterials Market is competitive with ~500 players which include globally diversified players, and regional players, as well as a large number of country-niche players.

According to the research, the Country-niche Players held the dominant position in the market in 2021, in terms of market revenue share with about ~40% followed by regional players which account for ~30% of the market share.

2. Players are Increasingly Investing in the Nanomaterials Industry which is Promoting Market Growth

To increase their position in the market, competitors have implemented a variety of organic and inorganic growth techniques. To expand their regional footprint and improve their product offering, these top players used mergers and acquisitions, new product development, and partnerships to address the rising demand for nanomaterials.

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• In March 2021, Cabot Corporation launched the ENERMAX 6 series of carbon nanotubes (CNTs). The ENERMAX™ 6 was said to be capable of enhancing the performance of the battery at lower loadings which resulted in higher energy density of the battery.

3. Increased Adoption of Nanomaterials in Various Parts of the World leading to Major Industry-Wide Developments, Acquisitions, and Deal-Wins

• In April 2020, Cabot Corporation completed its acquisition of Shenzhen Sanshun Nano New Materials Co., Ltd (SUSN) which was a big carbon monotube manufacturer in China. With this acquisition, Cabot aimed to strengthen its position in the formulation capabilities of the batteries market as China’s electric vehicle market is the largest in the world.
• In May 2020, nanoComposix signed an agreement with an Indian company, Amplicon Biotech to make its nanoparticle products available to a wider range of customers. The company aimed to conjugate its nanoparticles with the lateral flow diagnostic technologies that were being developed by the clients of Amplicon Biotech.

Key Topics Covered in the Report: -

Snapshot of the Global Nanomaterials Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Global Nanomaterials Market

Historic Growth of the Overall Global Nanomaterials Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Nanomaterials Market

Overview, Product Offerings, and SWOT Analysis of Key Competitors

COVID-19 Impact on the Overall Global Nanomaterials Market

Future Market Forecast and Growth Rates of the Total Global Nanomaterials Market and by Segments

Market Size of Fiber Type / End User Segments with Historical CAGR and Future Forecasts

Analysis of the Nanomaterials Market in Major Regions

Major Production / Consumption Hubs in the Major Regions

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within Each Major Region

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Major Players Mentioned in the report

Arkema

Strem

BASF SE

American Elements

Evonik AG

US Research Nanomaterials, Inc.

nanoComposix

Frontier Carbon Corporation

Quantum Materials Corp.

Cytodiagnostics Inc.

Cabot Corporation

Notable Emerging Companies Mentioned in the Report

Log9 Materials

StoreDot

A123 Systems LLC

GegaDyne Energy Labs Pvt Ltd.

Nanoramic® Laboratories

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Nanomaterials Manufacturers

Nanomaterials Suppliers

Raw Materials Suppliers for Nanomaterials Industry

Chemical Companies

Specialty Material Companies

Investors and Venture Capitalists in the Nanomaterials Industry

Market Research & Consulting Firms

Start-ups & Incumbents in Nanomaterials Industry

Company Research and Development Institutes

Government & Regulatory Authorities

Nanotechnology Companies

Time Period Captured in the Report

Historical Period: 2017-2021

Forecast Period: 2022E-2028F

For more insights on the market intelligence, refer to the link below: -

Global Nanomaterials Market Analysis

Growing demand for fast & convenient door delivery services post COVID-19 contributed in the surging growth of Brazil Quick Commerce Market: Ken Research

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Reduced Operating Expenses: For restaurants, by offering online delivery, they are able to reduce their space costs by having small areas for dine-in. For grocery stores, many suppliers are able to earn more by offering products more than those being displayed in their physical stores by storing in warehouses and directly delivering it to them.

Margin Structure & Fee Charges: Delivery platforms might have to reduce commission fee/service fee charged to merchants to encourage them to use their platform for online delivery services. This can cut into margins and profits. With the popular use of WhatsApp for on-demand delivery services directly from consumer to merchants, delivery platforms are at a high risk and can be compelled to reduce their margins further to remain in the market.

Consumer Protection Code (CDC): CDC was designed to improve the dealing gap between the buyers and suppliers in this industry by creating certain rules and obligations for both sides to avoid any frauds, cheating or unfair transactions. It provides the consumers with safety and clear information about the product or service taken by them through ecommerce portals. For e-commerce activities, the CDC’s requirements for the supplier include- clear information about themselves and the products and services being offered, facilitating assistance to customers.

Covid 19 Pandemic: The sudden lockdowns imposed during Covid 19 Pandemic caused consumers to use online platforms for purchasing their daily household groceries. The economy also adopted the work from home culture which has reduced the visits to stores and restaurants leading people to switch to online shopping for needs.

Analysts at Ken Research in their latest publication- “Brazil Quick Commerce– Market Outlook to 2027F”- Driven by the increasing digital adoption and internet penetration since the global covid-19 pandemic” by Ken Research provides a comprehensive analysis of the potential of Quick Commerce market in Brazil. The rapid adoption of digital tools in the daily lives of consumers has been accelerated by the pandemic and push in online shopping, the Quick Commerce market has shown a significant growth at a CAGR of 32.7% in between 2019 and 2022P.

Key Segments Covered:-

Brazil Quick Commerce Market

By Service Type:

On demand food delivery

On demand grocery delivery

By Delivery Time Period

within 10 minutes

within 15-20 minutes

within 35-40 minutes

By On-Demand Food Delivery

By Platform Type

WhatsApp

Food Delivery Apps

By Platform Type

Restaurant-to-Consumer

Platform-to-Consumer

On-Demand Grocery Delivery

By Business Model Type

E-Commerce Platforms

Brick & Motor Stores

Delivery Apps

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Key Target Audience:-

Global Food Delivery Partners

Global Grocery Delivery Partners

E-Commerce Retailers

E-Commerce Service Providers

Door To Door Delivery Service Providers

Supply Chain System Providers

Financial Service Provider

Nbfcs

Venture Capitals

Fin-Tech Companies

Government Bodies & Regulating Authorities

Time Period Captured in the Report:-

Historical Year: 2018-2021

Base Year: 2022P

Forecast Period: 2023F– 2027F

Companies Covered:-

Ifood

Uber Eats

Rappi

Key Topics Covered in the Report:-

Brazil Quick Commerce Market Overview

Ecosystem of Brazil Quick Commerce Market

Business Cycle and Genesis of Brazil Quick Commerce Market

Export and Import Overview of Brazil Automotive market

Industry Analysis of Brazil Quick Commerce Market

SWOT Analysis of Brazil Quick Commerce Market

Key Growth Drivers in Market in Brazil

Major Challenges and Bottlenecks in Brazil Quick Commerce Market

Regulatory Framework in Brazil Quick Commerce Market

Competitive Landscape in in Brazil Quick Commerce Market

Market Share of Major Auto Finance Providers in Brazil Quick Commerce Market

Detailed Analysis on Brazil Quick Commerce Market (Market Size and Segmentation, 2018-2021P; Future Market Size and Segmentation, 2022-2027F)

Market Opportunity and Analyst Recommendations

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

Brazil Quick Commerce Market

Related Reports By Ken Research:-

Nigeria Cold Chain Market Outlook to 2026

India Quick Commerce Market Outlook to FY’27F

Saudi Arabia Quick Commerce Market Outlook to 2026F

Philippines Industrial Waste Water market is driven by the rising number of industries within the countries and governments initiatives: Ken Research

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Focus on Stringent Regulations, moving towards Zero Discharge and Rising Industrialization are Major Factor Contributing towards development of Waste Water Treatment in Philippines.

Increase in Number of Players: In Philippines, there are more than 70 EPC contactors and the equipment and technology used in Waste water treatment plants are mostly imported from Countries like Taiwan and Japan.

 Philippines Waste Water Treatment Industry

Massive Growth after Government Amendments: Since amendment in clean water Act 2004 in 2016 & 2021, there’s a demand for Waste water treatment technologies that can reduce the power consumption and discharge comply with the regulations set by the government.

 Depleting Resources and Quality: With the groundwater depleting and decreasing availability of potable water across the island nation, the World Bank report predicting a global shortfall of water and indicating a high degree of water shortage in Philippines by 2040 are compelling reasons for the growth needs of the wastewater treatment market.

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Lack of Funds: Private sector is under financial restraint and investment from government sector is lacking. Waste water treatment projects can get delayed up to 5 years¹ due to the unwillingness of the end user to get the project built of completed. Even after the commencement of a project, the amount of rate of cash flow given to the EPC contractor is very slow.

SMEs have poor track record for WWTP: SMEs lack proper effluent treatment plant and most of them are in poor state. Many SMEs lack installation of ETPs because of the loopholes in current WWT system. There are more than 3000 small industries in Manila region and a focus should be given to the effluent’s standard maintained by them.

Analysts at Ken Research in their latest publication “Philippines Industrial Waste Water Treatment Market Outlook to 2026F- Driven by Rising Industrialization, Depletion of Resources and Government’s Strong Initiatives in Waste Water Treatment” by Ken Research observed that Waste Water Treatment market is an emergent market in Philippines at a rebounding stage from the economic crisis after pandemic. The rising industrialization and pollution in the rivers, along with the growing awareness and Government initiatives, is expected to contribute to the market growth over the forecast period. The Indonesia Waste Water Treatment Market is expected to grow at a CAGR of 7.2% over the forecasted period 2022F-2026F.

Key Segments Covered in the report: -

Philippines Industrial Waste Water Treatment Market

By Region

• Luzon
• Mindanao
• Visayas

By Industry

• Food and Beverage Industry
• Paper & Pulp Industry
• Chemical and Pharmaceutical Industry
• Semiconductor and Electronics Industry
• Others

By Order Intake

• EPC Contracts
• O&M Contracts

Key Target Audience

• Waste Water Treatment Service Providers
• Water Treatment Equipment Distributors
• Water Treatment Equipment Manufacturers
• FMCG Companies
• Waste Water Treatment Companies
• Paper Manufactures
• Government Bodies & Regulating Authorities

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Time Period Captured in the Report:

• Historical Period: 2018-2021
• Forecast Period: 2022F-2026F

Companies Covered:

• Eco-System Technologies, inc.
• Subic water and Sewerage Company
• VA Tech WA bag Philippines
• KSB PHILIPPINES, INC
• Manila Water Company, inc.
• Prime Metro BMD corporation
• JFE Engineering Corporation Philippine
• JFE Techno Manila, inc.
• Yokogawa Philippines inc.
• Anti-Pol Ecosystem
• Green Innovations Inc
• Pro water Technologies inc.
• ERA INTEGRATED CORPORATION
• ORCA Applied Engineering Solutions Corp.
• Pall Roces Corporation (PRC)
• Global Water Engineering Corp.
• Bongar Enviro Systems Technologies Corp
• BT ENVIRO projects, inc.
• Power4all

Key Topics Covered in the Report

• Philippines Industrial Waste Water Treatment Market, 2018-2026F
• Philippines Economic Analysis
• Philippines Waste Utilization
• Business Cycle and Genesis of Philippines Industrial Waste Water Treatment Market
• Value Chain of Philippines Industrial Waste Water Treatment Market
• Stages of the Waste Process for Small Enterprise & Industry
• Ecosystem in Philippines Industrial Waste Water Treatment Market
• EPC Contractor Categories
• EPC Contract Payment System
• EPC Project Timeline
• Roadmap for Tender Application for EPC Company
• EPC Asset Light Operational Model
• Government & Private EPC Contacts
• Operation And Maintenance Contracts
• Market Size Analysis of Philippines Data Center Market, 2018-2021
• End User Analysis of Philippines Industrial Waste Water Treatment Market
• Growth Drivers
• SWOT Analysis of Philippines Industrial Waste Water Market
• Market Size on the basis of Order Intake 2022-26F
• Competition Framework of Philippines Waste Water Treatment Market
• Market Opportunities and Analyst Recommendation
• Industry Speaks

For more insights on the market intelligence, refer to the link below: -

Philippines Industrial Waste Water market Analysis

Related Reports by Ken Research:-

Vietnam Industrial Water and Waste Water Treatment Market

Indonesia Industrial Waste Water Treatment Market

Malaysia Industrial Water and Waste Water Treatment Market

3 Key Insights on the US$ 15 Bn Opportunity in Global Neuroprosthetics Market

 Driven by the Increasing Prevalence of Neurological Disorders, the Global Neuroprosthetics Market is forecasted to Cross US$ 15 Bn By 2028 says Ken Research Study.

A neuroprosthetic is any device that can enhance the input or output of a neural system. The most successful neuroprosthetic devices developed to date are cochlear implants for patients with hearing impairment, and prosthetic devices for amputees. Neuroprosthetics encompass a variety of artificial devices or systems that can be used to enhance the motor, sensory, cognitive, visual, auditory, and communicative deficits that arise from acquired brain injuries.

“KEN RESEARCH SHARES 3 KEY INSIGHTS ON THIS HIGH-OPPORTUNITY MARKET FROM ITS LATEST RESEARCH STUDY”           

1. The Technological Advancements in Neuroprosthetics Devices Provide an Opportunity for the Market Growt
According to Ken Research Analysis, the Global Neuroprosthetics Market was valued at ~US$ 5 billion in 2017. It is estimated to be ~US$ 8 billion in 2022 and is forecasted to reach a market size of ~US$ 15 billion by 2028, growing at a CAGR of ~12% from 2022 to 2028.

The rising R&D investments for the development of new devices and products with innovative technologies to devise effective treatment plans for neurological diseases are expected to boost the growth of the market. The introduction of technologically advanced devices, such as Local Field Potentials (LFPs), automated and movable probes, MRIs, and images featuring surgical implants, is boosting the market for neuroprosthetics.

The manufacturers are constantly developing next-generation technologies to enhance therapeutic interventions used in treatments to restore impaired neurological functions. Several initiatives are being undertaken by the government and various organizations to support research in the field of cochlear implantation. For instance, in March 2022, members of the American Cochlear Implant (ACI) Alliance shared research and clinical practice with the other community members at the 2022 American Academy of Audiology (AAA) conference.

2. Increasing Number of Patients Suffering from Neurological Disorders is Fuelling the Market Worldwide

The demand for neuroprosthetics is primarily attributed to the rising patient population suffering from neurological disorders and nerve injuries. The growing burden of hearing and vision loss among the global population, and increasing amputation cases due to the rising number of accidents & injuries are anticipated to boost the market growth. One of the most common neurodegenerative diseases is Alzheimer's disease, which affects an estimated 5.7 million Americans over the age of 65. In fact, the disease is known to affect around 10% of the global population above 65 years.

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According to the Hearing Loss Association of America, 2020, nearly 48 million Americans had some degree of hearing loss, and an estimated 50 million Americans experience tinnitus, which is ringing in the ears, among which 90% have hearing loss. Additionally, nearly 2 to 3 out of every 1,000 children in the United States are born with a detectable level of hearing loss in one or both ears. Advanced products such as brain-computer interfaces (BCIs), retinal implants, deep brain stimulators (DBSs), and spinal cord stimulators (SCSs) are becoming increasingly available, which enhances the demand for neuroprosthetics. The graph below represents the percentage of USA population with hearing loss.

3. High Costs Associated with the Surgery Implantation of Neuroprosthetics Devices is the Major Challenge Faced by the Market

Cochlear implants are more expensive than hearing aids. The high cost of surgery and difficulty in maintenance is anticipated to pose a significant challenge during the forecast time. The high cost of the implants, as well as the problem of maintaining them, has hampered market growth. Moreover, throughout the projected amount, a lack of skilled personnel and therefore the availability of other treatment alternatives will probably impede market growth to a particular extent.

The high cost of neuroprosthetic products is challenging the Global Neuroprosthetics Market growth. A majority of insurance companies do not pay reimbursements for these devices. Though health insurance covers prosthetic limbs, the coverage is highly dependent on the amputation level and the physical condition of the patient. Moreover, the initial cost of using neuroprosthetics for treatment is high, especially for implantable devices.

For instance, the cost of computer-assisted devices ranges from US$ 20,000 to US$ 30,000. In addition, the cost of a neural prosthetic arm can be up to US$ 100,000. A normal prosthetic limb costs between US$ 3,000 and US$ 30,000. The cost of manufacturing a fully functional modular prosthetic limb is approximately US$ 500,000.

The table below represents the high cost of cochlear implant surgeries in 2022:

Key Topics Covered in the Report

• Snapshot of Global Neuroprosthetics Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Neuroprosthetics Market
• Historic Growth of Overall Global Neuroprosthetics Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global Neuroprosthetics Industry
• Overview, Product Offerings, Strengths, & Weaknesses of Key Competitors
• Covid-19 Impact on the Overall Global Neuroprosthetics Market
• Future Market Forecast and Growth Rates of the Global Neuroprosthetics Market and Segments
• Analysis of Global Neuroprosthetics Market
• Major Production/Supply and Consumption/Demand Hubs within Each Region
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Region

Notable Key Players Mentioned in the Report

• Abbott
• Boston Scientific Corporation
• Cochlear Ltd
• Cyberonics, Inc.
• LivaNova PLC
• Medtronic
• NeuroPace, Inc..
• BioRegio STERN Management GmbH
• Second Sight 
• Sonova

Notable Emerging Companies Mentioned in the Report

• iotaMotion, Inc.
• Hemideina
• TODOC Co., Ltd.
• ADVANCED OPTRONICS
• Restohearing

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Neuroprosthetics Manufacturers
• Neuroprosthetics Suppliers
• Output Neural Prosthetics Manufacturers
• Input Neural Prosthetics Manufacturers
• Deep Brain Stimulation Neuroprosthetics Manufacturers
• Vagus Nerve Stimulation Neuroprosthetics Manufacturers
• Spinal Cord Stimulation Neuroprosthetics Manufacturers
• Sacral Nerve Stimulation Neuroprosthetics Manufacturers
• Emerging and Startup Companies in Neuroprosthetics
• Different Types of Neuroprosthetics Manufacturing Hubs
• Government Ministries and Departments of Healthcare Industry
• Healthcare Regulatory Organizations
• Healthcare Research Institutes
• Importers and Distributors of Neuroprosthetics
• Financial Organizations focused on Healthcare Industry
• PE and VC Firms focused on Healthcare Industry

For more insights on the market intelligence, refer to the link below: -

Global Neuroprosthetics Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

3 Key Insights on US$ 55 Bn Opportunity in the Global Sugar Confectionery Products Market: Ken Research

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The market is growing at a steady pace on account of the rise in demand for on-the-go snacks, the increase in gifting trends, the introduction of new products with innovative flavors & healthy ingredients, and growth in the retail market, the Global Sugar Confectionery Products Market is Forecasted to reach US$ 55 Bn by 2028 says Ken Research Study.

Sweets are sugar-based confections that are consumed by almost all socioeconomic categories. These goods come in a wide range of varieties, from individually wrapped candies to pricey goods in elegant packaging. The chosen type of confectioneries frequently varies by geographic region because of differences in regulatory norms and other considerations including economy, flavor, and customer desire.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1.    Flavour Innovations to Propel Market’s Growth Rate

According to Research estimates, the Global Sugar Confectionery Products Market – which was valued from around US$ 35 Bn in 2017 to nearly US$ 42 Bn by 2022 – is expected to grow further to more than US$ 55 Bn opportunity by 2028.

The market for sugar confections has steadily increased. Customers are drawn to a variety of creative sugar confectionery products as tasty delights and unique flavors. New flavor introductions continue to draw in new customers and confectionery connoisseurs. Many market participants in the sugar confectionery sector have decided to adopt new marketing techniques, create distinctive flavors, and use innovations to grow their businesses.

2.    Rising Demand for Organic Chocolates to Propel the Market Growth 

Due to the growing customer trend for healthier snacking, along with convenience and flavor, large corporations have changed their key business strategies. Since organic chocolate contains no additional chemicals that can have serious health effects, demand for it is on the rise right now.

As consumers become more concerned with their health and wellness, they are choosing chocolates that are vegan, organic, gluten-free, and sugar-free. As a result, numerous large confectionery firms are producing the newest, most inventively flavored chocolates in packaging that enables consumers to taste a tiny amount while saving the remainder for later. The demand for sweets made with organic ingredients is anticipated to rise along with the exports of organic chocolate.

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To meet shifting consumer demands, major companies are expanding their product lines by incorporating functional ingredients, tropical fruit, different flavor fillings, nut-based flavors, and exotic flavors into organic chocolates, which is subsequently accelerating the global confectionary market.

3.    Price Fluctuations in the Raw Materials to Stagnate the Market Growth

Sugar and cocoa are two crucial ingredients that are mostly used in the production of confections all over the world. Due to the rapid changes in supply and demand for these commodities on the international market, sugar and cocoa prices have fluctuated during the past few years. Unfavorable weather conditions, crop diseases, labor availability, stock ratios, and other economic factors that impede the smooth flow of their demand and supply in the market have an impact on the yields of cocoa and sugar.

The average annual price of the raw materials changes from low to high as a result, which causes an excess or understock to be produced for the market's sugar and chocolate products. Therefore, it is anticipated that volatility in raw material prices may reduce total demand in the years to come.

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

Global Sugar Confectionery Products Market

A major development in Online Fantasy Sports creating jobs in the sports and adjacent services industries: Ken Research

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1. The Lean Period of the Covid-19 Pandemic and Lockdown was used by Online Fantasy Sports Operators to Innovate their Product Offerings and Business Strategies to overcome Affected Cash-flows

While the major sports leagues around the world were hampered, the top OFS operators moved on to add secondary markets' leagues, which were comparatively less impacted by the ongoing pandemic. Despite the fact that these products were still relatively new to the Indian market, industry discussions suggest that there has been some interest in these leagues, albeit not on the same magnitude as Indian leagues. These platforms have aided in the recovery of some of the user engagement that had suffered during the pandemic and has offered sports-related content to fans who were without any way to participate in sports in general, including watching or playing online fantasy sports. 

2. Fantasy Sports serve to boost User Engagement, which in turn encourages increased Sports Consumption by Strengthening the Link between the Fantasy Game and the Live Sporting Activity

Fantasy Sports is designed with an interaction paradigm that goes beyond passive viewing. Users that advance their knowledge and abilities are rewarded by Fantasy Sports Platforms. The level of engagement is usually higher due to the user becoming invested in the players and the results after creating a virtual team and connecting to actual matches. Building a critical mass is made simpler by the digital nature of Fantasy Sports, which also enables greater user segmentation and targeting.

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3. Women’s participation in Fantasy Sports Platform Online is expected to Increase in the Coming Years with Millennials gaining the Maximum Traction

With the increasing number of females in sports, the female population is expected to rise, whereas, the male population is expected to dominate the market. My11Circle launched a campaign in 2022 featuring the ‘Women in Blue’ titled “Lalkaar Ladkiyon Ki” dedicated to promoting and building momentum for the Women's T20 World Cup. Also, there will be rising affluence of middle-Class who have upgraded their entertainment lifestyle with respect to sporting events and increased their willingness to opt for such engagements more frequently.

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

India Fantasy Sports Market

Saudi Arabia Industrial Waste Water Treatment Market Outlook to 2026F: Ken Research

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KSA Industrial Waste Water market is driven by the rising number of industries within the countries and governments initiatives towards ZLD: Ken Research

“Focus on increasing awareness about benefits of utilizing Treated Water and strict implementation of discharge norms Are Major Factor Contributing towards development of Waste Water Treatment in KSA”

National Centre for Environmental Compliance (NCEC): NCEC oversees issuance of licensing and accreditation services to organizations offering environmental services.  The centre also issues and renews service facilities and establishes activities that have a potential impact on the environment.

Wastewater treatment coverage varies within Saudi Arabia a lot: In Damman city, 78% of wastewater is treated, in the capital city Riyadh 60% whereas in Jeddah only 50% of wastewater is treated. In some cities such as in Najaran and Al Baha no centralized wastewater treatment is taking place.

Focus on Differentiating Technology for Different Effluents: Different industries discharge different effluents. Efficient systems can be designed to ensure that secondary and tertiary treatment equipment are chosen suitable to treat specific pollutant. It will help in improving faster and efficient treatment. It may cost a little more but in the long run efficiency and higher performance is expected to compensate.

Increase Awareness about Benefits of Utilizing Treated Water: Treated water help in sustaining the water level as well as maintaining the quality of surrounding water bodies. It ensures longer and constant supply of water. Cost of using the treated water leads to increase in cost which can be transferred to customers or a lobby can be created to ensure that violators are strictly and aptly punished.

Analysts at Ken Research in their latest publication “Saudi Arabia Industrial Waste Water Treatment Market Outlook to 2026F- Driven by government initiatives of Vision 2025, to achieve 100% clean water bodies and by 2035 to treat more than 6.8 million cubic meter of wastewater per day.” observed that Industrial Waste Water market is an emergent market in KSA at a rebounding stage from the economic crisis after pandemic. The rising government policies and demand for growth in Waste Water Management sector, exciting potential and opportunity for investors along with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 12.9% CAGR during 2021-2026F owing to the rise in economy of the country, increasing consciousness towards looks and new government policies.

Key Segments Covered in the report

Saudi Arabia Industrial Waste Water Treatment Market

• By Region

• Western Region

• Central Region

• Eastern Region

• Southern Region

• Northern Region

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• By Industry

• Upstream oil & gas

• Refining & petrochemicals

• Food & Beverage

• Power generation

• Others

• By Order Intake

• EPC Contracts

• O&M Contracts

Key Target Audience

• Waste Water Treatment Service Providers

• Water Treatment Equipment Distributors

• Water Treatment Equipment Manufacturers

• FMCG Companies

• Waste Water Treatment Companies

• Paper Manufactures

• Government Bodies & Regulating Authorities

Time Period Captured in the Report:

• Historical Period: 2016-2021

• Forecast Period: 2022-2026F

Companies Covered:

• AES Arabia Ltd

• Al-Kawther Industries, Ltd. (Alkawther Company)

• AquaTech

• Ion Exchange and Company LLC

• Metito Saudi Limited

• Pentair Residential Filtration, LLC

• Veolia Arabia Co

• Water and Environment Technologies Company Ltd (WETICO)

• Water Projects Saudi Arabia Ltd.

Key Topics Covered in the Report

• Market Overview for KSA Industrial Waste Water Treatment Market

• Business Cycle and Genesis of KSA Industrial Waste Water Treatment Market

• Value Chain in KSA Water and Waste Water Treatment System

• Operating Margin in KSA Waste Water Treatment System

• Payment System in KSA Water and Waste Water Treatment System

• Asset Light Business Model in KSA Water and Waste Water Treatment System

• Waste Water Treatment Market - EPC Project Timeline (2000 - 5000 m³ / day Plant)

• Roadmap for Tender Application for EPC Company

• Market Sizing of KSA Waste Water Treatment Market, 2016-2021

• Market Segmentation of KSA Industrial Water Waste Treatment Market

• SWOT Analysis of KSA Industrial Water Waste Treatment Market

• KSA Industrial Waste Water Growth drivers

• KSA Industrial Waste Water Market Restraints

• PESTLE Analysis of Saudi Arabia

• Pre-treatment and Joint Treatment Programs

• Key Challenges Facing Startups and Investors in KSA Waste Water Treatment Market

• Technology Used in KSA Waste Water Treatment Market

• Technology and Process in Waste Water Treatment Market

• Supervisory Framework in KSA for Industrial Waste Water Treatment Plant

• Leading Sub-Sectors in the Saudi Arabia Waste Management Sector

• Wastewater and Treated Water Process

• Understanding the Decision-Making Parameters for a Waste Water Treatment Plant

• Various Parameters for Competition in Industrial Waste Water Treatment Market

• Expected Technology Adoption in KSA Industrial Waste Water Treatment Industry in Next Five Years, 2021-2026F

• Market Sizing of KSA Waste Water Treatment Market, 2021-2026F

• KSA Industrial Waste Water Treatment upcoming projects

• Key Players in the Saudi Arabia Waste Management Sector

• Future Market Sizing of KSA Waste Water Treatment Market, 2021-2026F

• Key Growth opportunities in KSA Waste Water Treatment Market

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

Saudi Arabia Industrial Waste Water Treatment Market Outlook to 2026F - Driven by government initiatives of Vision 2025, to achieve 100% clean water bodies and by 2035 to treat more than 6.8 million cubic meter of wastewater per day

Related Reports:

Vietnam Industrial Water and Waste Water Treatment Market Outlook To 2022 - By Region (North, South and Central) And by Industry (Food Processing, Textile, Chemical, Power, Oil and Gas, Fertilizers and Others)

Indonesia Industrial Waste Water Treatment Market Outlook 2027F – Driven by Rising Industrialization, Depletion of Resources and Government’s Strong Initiatives in Waste Water Treatment

Malaysia Industrial Water and Waste Water Treatment Market Outlook to 2022 - By Region (North, Kuala Lumpur, South and East, and Sabah and Sarawak) and By Industry (Agriculture and Food, Palm Oil, Oil and Gas, Electronics, and Others)

3 Key Insights on US$ 14 Bn Opportunity in the Global Door Entry Systems Market: Ken Research

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Driven by the increasing demand for smart homes and having safer and more secure business & commercial premises, the Global Door Entry Systems Market is Forecasted to Reach ~US$ 14 Bn by 2028 says Ken Research Study.

Door Entry Systems are generally access control systems used to control the entry and exit to a particular residential or commercial building, property, or zone. These can be some unlocking devices, intercoms, or doorbells that allow only authorized persons to access a particular area that is mostly multi-user or multi-tenant. These can be contactless biometric readers that are capable of face recognition or automatic doors or fingerprint readers among other types.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1.    Increased Need for Secure and Safe Residential and Commercial Areas Has Increased the Market’s Growth Rate

According to Research estimates, the Global Door Entry Systems Market – which was valued from around US$ 6 Bn in 2017 to nearly US$ 9 Bn by 2022 – is expected to grow further to ~ US$ 14 Bn opportunity by 2028.

Some of the factors that propel the growth of the Door Entry Systems market over the forecast period include the increasing preference of customers for smart homes, and demand from commercial, business, and critical infrastructure for safer and more secure premises.

2.    High Number of People Preferring Smart Security Systems Globally is Helping the Market Growth 

The door entry systems market is going to get a boost due to more and more people preferring smart home solutions in their residential properties. Many millennials prefer to have alternate methods of entry to their houses which can be through a smartphone, card, or by any other method such as biometrics among others.

There is a growing preference among households to adopt smart home technologies that can offer them more security. Hence, there has been a consistent increase in the amount people are willing to spend to protect their homes.

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3.    High Costs Associated with the Set Up of Door Entry Systems are A Major Challenge to the Growth of the Market

The high installation cost of Door Entry Systems acts as a major hindrance to the growth of the market. The cost is generally decided by the door entry system one is opting for as well as the number of doors for which the system will be used for.

In addition to this, there will be per access card or key fob charges as well as additional year-on-year costs of operation, maintenance, and services.

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

Global Door Entry Systems Market

Number of passenger car ownership in Malaysia exceeded the population in Malaysia and As demand for automobile rises, the demand for auto-financing rises automatically: Ken Research

High Car Ownership:  Malaysia has relatively younger population who are more enthusiastic about cars. Malaysia’s car market is very small with high ownership of cars in Malaysia. Malaysians prefer to own a personal vehicle rather than using public transport. Most of people start owning a car at an early age in Malaysia.

Infrastructure Development Programmes: Government has introduced various programmes for developing roads and other infrastructure. It has set a substantial budget for transport development works to help boost the country’s economy. The Finance Ministry has announced US$829.6 million will be used for infrastructure projects. 

Boosting second hand vehicle sales: With this extended warranty programme, used car dealers are protected from the risk associated with sourcing, such as trading cars with pre-existing issues, in-scope components condition, or reported beyond economical repair. Strict Puspakom (Malaysian computerized vehicle Inspection Company) inspection is followed.

Limited Research & Development: Presently, while local manufacturers and assemblers of motor vehicles undertake R&D activities, their total expenditures on R&D are still small, compared with other global automotive producers. Manufacturers of parts and components based in the country, which have the capacity and capability to design, develop and export their products, are Tier-1 suppliers, which are mostly foreign-owned. Local suppliers, which are mostly in Tiers2 and 3, lack the capacity and capability in R&D, and are dependent on the design technology from the automotive manufacturers. To remain competitive, global producers are increasingly outsourcing their non-critical R&D activities. A similar arrangement will need to be undertaken by domestic manufacturers.

Analysts at Ken Research in their latest publication- “Malaysia Automotive Finance Market Outlook to 2026-Driven by exorbitant car prices, growing digital penetration, preference for owning passenger cars amidst systematically regulated car ownership policies by the Government” by Ken Research provides a comprehensive analysis of the potential of Automotive Finance Industry in Malaysia. The rising demand for new and used cars among the population, along with the easy availability of finance and low interest rates and Government Initiatives, the automotive finance market has shown a significant growth during the current period.

Key Segments Covered: -

Malaysia Automotive Finance Market:

By Distribution Channels:

OEMs

Banks

NBFCs

Commercial Banks

Investment Bank

Islamic Banks

By type of Vehicles:

Passenger

Commercial

By tenure of Loan:

0-5

6-7

8-9

By condition of Vehicle:

New

Old

By Region:

Central

Southern

Eastern

Northern

Other

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Key Target Audience

Auto Finance Providers

Insurance companies

Car Manufacturers

Financial service provider

NBFCs

Fin-tech companies

Global automotive finance companies

Government Bodies & Regulating Authorities

Time Period Captured in the Report:

Historical Year: 2016-2021

Base Year: 2021

Forecast Period: 2022F– 2026F

Companies Covered:

Auto Finance Providers

Maybank

Public Bank

CIMB

Hong Leong

Ambank

RHB Bank

Affin Bank

Bank Simpanan Nasional

Key Topics Covered in the Report

Malaysia Automotive Finance Market Overview

Ecosystem of Malaysia Automotive Finance Market

Business Cycle and Genesis of Malaysia Automotive Finance Market

Export and Import Overview of Malaysia Automotive market

Industry Analysis of Malaysia Automotive Finance Market

SWOT Analysis of Malaysia Automotive Finance Market

 Malaysia Auto-finance market Value Chain

Non-Performing Assets in Auto-finance Segment

Major types of Auto loans in Malaysia

Key Growth Drivers in Auto Finance Market in Malaysia

Major Challenges and Bottlenecks in Malaysia Automotive Finance Market

Regulatory Framework in Malaysia Automotive Finance Market

Competitive Landscape in in Malaysia Automotive Finance Market

Market Share of Major Auto Finance Providers in Malaysia Automotive Finance Market

Detailed Analysis on Malaysia Automotive Finance Market (Market Size and Segmentation, 2016-2022; Future Market Size and Segmentation, 2023-2027F)

Market Opportunity and Analyst Recommendations

For more insights on the market intelligence, refer to the link below: -

Malaysia Automotive Finance Market Outlook to 2026

Related Reports by Ken Research: -

Qatar Auto Finance Market Outlook to 2026F

Vietnam Auto Finance Market Outlook to 2026F