Growing consumer base of online shoppers, Advent of new payment methods and Wider distributional reach to Propel the Australia E-Commerce Logistics Market in the coming years: Ken Research

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1.  Ecommerce Logistics Market in Australia generated a revenue of USD 5,970 Million in 2021 growing at a CAGR of ~19% during 2016-21

Surging internet penetration rate, booming online retailing, technological advancements have driven ecommerce logistics market in Australia. With the advent of COVID-19 led to a sudden jump in the demand for online shopping during 2020 & 2021. Moreover, it has been observed that the Australians tend to spend about twice as much when they shop online versus in a physical store.

Changes in the consumer behavioral pattern and existing inconveniences in the offline retail market has led to the evolution of the industry. However currently, the e-commerce market in Australia is highly competitive with the presence of various alternatives but low cost and free shipping plays an important role in retaining the customer’s.

2.  2-4 days shipments accumulated more than half of the logistics demand in Australia, while Same Day deliveries to witness highest growth rate in the coming years

Increasing demand for same day deliveries in tier 1 and tier 2 cities, including Sydney, Melbourne, Brisbane. With the advent of new players in the Australian market with technology-oriented solutions for covering last-mile deliveries, there will be high investments & strategic tie-ups between different players. Players, such as Amazon, etc., have been investing in decentralizing their fulfilment centres to cover a large region across the country, promulgating delivery turnaround time.

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Australian logistics players are shifting their focus from China to India for International shipments & establishing partnerships with numerous Indian manufacturers looking to trade in Australia & New Zealand.

3.  Interstate & Intercity segments to witness double digit growth rate by 2026 in terms of number of orders

Interstate & Intercity would witness highest growth rate due to strengthening transport infrastructure, including rail & road network. Growing urbanization in rural & remote areas have solidified the role of ecommerce logistics in completing intercity & interstate deliveries. A huge percentage of the shipments are delivered intrastate, but the gap with interstate shipments is expected to narrow down in the forecast period with more operators coming in, and therefore cheaper prices for interstate transport. Intercity shipping accounted for a fairly large share which would expand considerably in the coming years. Increasing Ecommerce demand in major regional centers, such as Melbourne, Sydney, Brisbane, etc., have proliferated logistics demand.

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

Australia E-Commerce Logistics Market

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France Baby Food Market is forecasted to grow further into EUR ~ Bn opportunity by 2027F: Ken Research

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France Baby Food Market is at growing stage and has consolidated market with about 10-12 baby food. The Baby Food Market in the France has seen emergence of more than 4-5 players over the past years. Danone Group, Nestlé and Bledina are market leaders for Baby Food in France.

Key Findings

• Milk formula is expected to remain the largest segment due to it is a substitute for mother’s milk. Milk formula is consumed on a regular basis by children it provides nutritional benefits also supports a child’s development.

• E-retail market is expected to witness the highest growth over the forecast period due to online discount offers, door step delivery, and availability of different types of products in a single place at affordable price.

• Organic baby food is witnessing a huge demand due to a rise in parental concerns and awareness about the products.

Improved Awareness: Growing awareness among the people about nutrition fulfilments in infants to ensure the health, growth, and development of children. Poor nutrition risks for illness, which could be the reason for the death of children below five.  Increasing spending on children health care and increasing innovations in baby food products coupled with aggressive marketing by various manufacturers are expected to fuel the market.

Parent’s lifestyle: Parents' lifestyles and their rising interest in food, particularly organics, have both contributed to the baby food market's recent changes. Parents' kitchen cabinets are stocked with expertly crafted foods, available in a variety of liquid and solid flavors for children between the ages of six months and two years. Also, industry-processed baby food is becoming more and more important in addressing the nutritional needs of newborns and toddlers around the world, as a result of the rising number of growing parental concerns about nutrition and contemporary time restrictions.

Product Innovations and Innovative Packaging Strategies: Product innovations play an essential role in the growth of the baby food market. Intensive research and development activities have facilitated the launch of innovative products in the market. In addition, the safety of baby food is the prime concern among consumers and manufacturers. Tamper-proof packaging of baby food products ensures optimal safety of its contents. Innovations in improving the safety of these products through process improvements and technological advancements will drive the growth of the baby food market.

Analysts at Ken Research in their latest publication “France Baby Food Market Outlook to 2027F- Segmented by Infant Milk Formulae (Standard, Follow-On, Growing-Up, and Special Baby Milk Formula), Dried Baby Food, Prepared Baby Food, Milk Formula and Other Baby Food; Organic Baby Food” observed that France Baby Food Market is in a growing phase. The increase in the population, rising awareness of infant health and a healthy diet, along with increasing economic affluence in the country, investment, and some government initiatives, will lead to Baby Food market growth in France. It is expected that the France Baby Food Market will grow at a CAGR of ~% for the 2022-2027F forecasted period.

Key Segments Covered in the report:

France Baby Food Market

• By Food Category:
• Dried Baby Food
• Prepared Baby Food
• Milk Formula
• Other Baby Food

• By Type of Milk Formula:
• Standard Milk Powdered Formula
• Follow-on Milk Powdered Formula
• Growing-up Milk Formula
• Special Baby Milk Formula

• Nature of Food:
• Inorganic Baby Food
• Organic Baby Food

• By Channels of Distribution:
• Hypermarkets
• Discounters
• Supermarkets
• Independent Small Grocers
• Health and Beauty Specialist Retailers
• Other Foods Non-Grocery Specialists
• Internet Retailing

• By Age Group:
• 0-6 Months
• 6-12 Month
• 12+ Months

Key Target Audience:

• Baby Food Manufacturers
• Baby Product Manufacturers
• Baby Product Distributors
• Baby Food Distributors
• Government Agencies
• Baby Food Retailers
• NGOs supporting Baby Health
• Pharmaceutical Stores
• Online Sales and Retailing Agencies

Time Period Captured in the Report:

• Historical Period: 2017-2022
• Base Year: 2022
• Forecast Period: 2022-2027F

Companies Covered:

• Bledina
• Nestle
• Reckitt Benckiser Group plc
• Abbott
• HiPP
• Holle baby food AG
• Materna
• Baby bio
• Danone Group
• Groupe Lactalis SA
• Sodiaal International
• United Pharmaceuticals SA

Key Topics Covered in the Report:

• Executive Summary
• Ecosystem of France Baby Food Market
• France Baby Food Market Overview, Genesis, and Value Chain
• France Baby Food Market Size and Segmentation, 2017-2022
• Trends and Developments in France’s Baby Food Market
• Issues and Challenges in the France Baby Food Market
• Snapshot on Emerging Baby Foods in France Baby Food Market
• Government Regulations in France’s Baby Food Market
• SWOT Analysis and Competitive Landscape of the France Baby Food Market
• France Baby Food Market Future Outlook and Projections and Analyst Recommendation, 2022-2027F

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

France Baby Food Market Outlook to 2027F: Ken Research

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Italy Car Rental Market is expected to Gain Momentum Owing to Rising Tourism, Along With Growing Internet Connectivity: Ken Research

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The Ecosystem of Italy Car Rental Market

Italy Car Rental Market is at a growing stage. The country has over ~ Market Players in Car Renting. Italy's Car rental market is dominated by major players such as Europcar, Avis, Hertz, Rentalcars.com, Easycar.com, and many others Italy’s Car Rental Market is in the Growing stage owing to rising internet connectivity and smartphones penetration along with rising tourism.

Key Findings

• Italy Car rental market was valued at USD ~ Billion in 2021 and is projected to grow to USD ~ Billion by 2027, registering a CAGR of ~% in terms of revenue during the forecast period (2022P-2027).
• Leasys launched a new e-commerce feature that will make it possible to complete the purchase of cars online.
• Number of car rented is expected to grow at ~% in the forecasted period of 2022P-2027F in Italy.

Rising Rental Car Market:  The Italy Car Rental Market revenue grew from ~ € Bn in 2017 to approximately ~ € Bn in 2022P and is forecasted to grow further into ~ €Bn opportunity by 2027F, owing to the increasing demand from tourists for business and leisure purposes hiring rental cars along with the Italy government’s decision to increase the tax-free travel allowance. The growing penetration rate of the internet and smartphones are driving more people to rent a car as the services are mainly provided through online platforms.

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Rising Tourism in The Country: The rise in domestic and international tourism across the country is likely to witness major growth in the market. In 2021, Domestic expenditure accounts for around ~% of total tourism spending. The contribution of travel and tourism spending is the key factor toward the Italian GDP. Such an increase in travel and tourism sectors across the country is witnessing major demand for car rental services, which in turn witnessing major growth for the market.

Growing Internet Connectivity: Rising internet penetration across the country and increase in use of smart phone application for online car rental booking is likely to witness significant growth for the market. For instance, in 2021, the number of active internet user in Italy counted more than ~ million, such an increase in use of internet will help to boost the market.

Analysts at Ken Research in their latest publication “Italy Car Rental Market Outlook to 2027F -Driven by Type of Market Structure (Organized and Unorganized), by Type of Car (small cars, Sedan, SUV), By Booking Type (online, offline) and By application (business, leisure) By Fuel Type (diesel, petrol, electric).” observed that Italy car sharing market is expected to showcase considerable growth in the coming five years. In the upcoming years, it is predicted to expand more rapidly due to increased population growth, a trend in the number of foreign tourists entering the nation, and an increase in the demand for carpooling. The Italy Car Rental Market is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.

Key Segments Covered in the report: -

Italy car Rental Market

By Market Structure

• Organized market
• Unorganized market

By Type of Vehicles

• Small Cars/ Hatchbacks
• Sedans
• SUVs
• Others

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By Mode of Booking

• Online
• Offline

By Application

• Business
• leisure

By Fuel Type

• Diesel
• Petrol
• Electric

Key Target Audience

• Car Rental Service Providers
• Car Rental Companies aiming to establish in the Italy
• Italy Automotive Industries
• Government Bodies & Regulating Authorities
• Venture Capitalist targeting the car rental market
• Automotive industry association
• Car Manufacturers
• Existing Car Rental Companies
• OEM Dealerships
• New Market Entrants
• Investors
• Car Rental Associations

Time Period Captured in the Report:

• Historical Period: 2017-2022P
• Base Year: 2022P
• Forecast Period: 2022P-2027F

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Companies Covered:

• Thrifty
• Avis
• National
• Hertz
• Alamo
• Dollar
• Britz

Key Topics Covered in the Report

• Executive Summary
• Country Overview of the Italy
• Overview of Automotive Industry in Italy
• Ecosystem and business cycle of Italy Car Rental Market
• Value Chain Analysis of Italy Car Rental Market
• Italy Car Rental Market Sizing, 2017- 2022P
• Market Segmentations of Car Rental Market in Italy
• Snapshots on different Car Rental Markets in Italy
• SWOT Analysis of Italy Car Rental Market
• Growth Drivers of Italy Car Rental Market
• Government regulations of Italy Car Rental Market
• Trends and Developments of Italy Car Rental Market
• Challenges of Italy Car Rental Market
• End User Analysis of Car Rental Market in Italy
• Competitive Analysis of Car Rental Market in Italy
• Future Outlook and Projections of Car Rental Market in Italy
• Analyst Recommendations
• Research Methodology

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

Future Outlook of Italy Car Rental Market

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Time, Speed & Comfort are expected to be the demand-driving forces for Brazil Quick Commerce Market: Ken Research

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

The Brazil Business-to-Consumer Ecommerce market expanded at a CAGR of 24.5% in between 2019 and 2022. During COVID 19 pandemic, the social restrictions and safety measures surged consumers to shift to online platforms for daily needs and meals.

Post pandemic, the trend remained and contributed to the growing demand for online platforms and delivery apps to meet the needs. The geographic coverage for internet also expanded to smaller areas of the country, which further added to the growing demand. Existing & new retail stores and restaurants adopted the digital transformation along with the consumers. Many new and unique business models have been emerging in the market like dark stores model. iFood, Uber Eats, Rappi, among others were the major players operating in the ecosystem as of 2022.

2.  The social restrictions and imposition of lockdowns by governing authorities to promote social distancing measures for safety caused customers to adapt to online shopping

With increasing internet penetration and usage of smartphones, more and more people have access to these services and are able to consume it. Along with this, the internet penetration in smaller areas in the last few years have drastically increased the demand and usage of such services.

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Q-Commerce provides the working population with the flexibility to order at their convenient time and place, contrary to the traditional mode which required purchasing only during the store’s open hours. They are able to save on their time, energy and costs of purchasing food & groceries, increasing the demand of such services.

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.

3. Typical Features of a Q-Commerce Consumer in Brazil

• Typical consumer demands are centered around ​​immediacy in delivery. This shopper "persona" usually makes small purchases through the app, mainly purchasing the items that can save on time and energy and be received in minutes.
• A typical user of such services in Brazil is a young adult living in urban areas, where the Q-Commerce services are operational. A lot of them are digital enthusiasts with virtual bank accounts.
• Most popular purchases are FMCG items. Among the most frequently bought products are items groceries, soft drinks, beers, toilet paper, water, ready-to-eat meals, snacks and vegetables can also be found.

4.  The market is expected to be highly sensitive and driven by the speed and time of delivery period, with players promising deliveries from within hours to within minutes at your door steps

The Brazil Quick Commerce market is expected to generate a revenue of ~ $5 Bn by 2027F, growing at a CAGR of 10.7% between 2022 and 2027F. The increase can be attributed to the rise in digital adoption and technology, availability of services in smaller locations and increased awareness and comfort being provided to consumers. The market is expected to be highly sensitive and driven by the speed and time of delivery period, with players promising delivery from within hours to within minutes at your door steps. The On-Demand Grocery Delivery is expected to increase its share significantly in Brazil Quick Commerce Market between 2022 and 2027F.

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

Brazil Quick Commerce Market

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Kenya Data Center Market is forecasted to grow further into USD ~130.0 Mn opportunity by 2027F: Ken Research

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The development of the Kenyan data center market will be largely influenced by factors such as increasing demand from SMEs and increasing internet penetration rates in the country.

Robust growth of data centers: More than half of African online shoppers came from Nigeria, South Africa, and Kenya. Over the past few years, e-commerce in Kenya has grown dramatically, especially among small and medium-sized firms, which has aided in the expansion of data centers in the area. Additionally, the industry expanded as a result of the increased investment in Kenyan data center companies. The Kenyan data center market experienced rapid expansion as a result of rising digitalization, cloud-based technologies, big data analytics, and the use of smart devices.

Increase in Cloud-Based Services and Shift Towards CDN: Businesses of all sizes are increasingly adopting cloud-based services as the standard. While business is moving quickly to the cloud, a hybrid solution that combines cloud, colocation, and on-premises solutions to give cost-effective IT solutions is likely to have an impact. The predicted move to 4K and 8K content, together with shifts in creative media material toward Content Delivery Networks (CDN), such as YouTube, Netflix, Amazon Prime, and gaming solutions, greatly support increased data consumption.

Digital Transformation with Critical Connectivity Across East Africa: Kenya is undergoing a digital transition, and Nairobi, Africa's "Silicon Savannah," is teeming with technopreneurs and international corporations looking to profit from the country's and the region's technological and digital change. The most connected data center facility in East Africa is East Africa Data Centre, which is situated in Nairobi's Sameer Industrial Park. Due to its accessibility to carrier networks throughout the area, it is referred to as the "ideal hosting location".

Lack of focus from foreign investors: A large amount of electricity is required for data centers. Government support is necessary to meet Africa's needs for data center infrastructure in terms of water, land, and power. However, the Eskom situation is not being effectively managed by African countries. In addition, one of the main problems in Kenya's data center business is a lack of investment. Kenya is the least connected country in the world, which causes foreign investors to give it little attention.

Analysts at Ken Research in their latest publication “Kenya Data Center Market Outlook to 2027F - Growing Demand from SMEs, Rising Internet Penetration Rate and Rising Number of Facilities to Drive the Kenyan Data Center market in the near future” observed that Kenya Data Center Market is in a growing phase. Improvement in network connectivity, government support, and rapid growth in the adoption of big data, and IoT services are some of the factors that will contribute to the Kenya Data Center market growth over the period of 2022-2027F. It is expected that the Kenya Data Center Market will grow at a CAGR of 21.6% for the above-forecasted period.  

Key Segments Covered in the report

      Kenya Data Center

• By Vertical
• Managed
• Co-Location
• Hyperscale

• By Type of Co-Location
• Retail
• Wholesale
• by End User Industry
• BFSI
• IT/ITES
• E-Commerce
• Government
• Others

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Key Target Audience

• Data Center companies
• Cloud providers (Domestic and Global)
• Managed data center companies
• Co-location data center companies
• Private Equity and Venture Capitalist
• Industry Associations
• Data Center Constructors
• Technology providers

Time Period Captured in the Report:

• Historical Period: 2017-2022
• Base Period: 2022
• Forecast Period: 2022-2027F

Companies Covered:

• io
• IX Africa
• Africa Data Centers
• PAIX (Pan African IX Data Centers Kenya Ltd.)
• Safaricom
• Telkom Kenya

Key Topics Covered in the Report

• Market Overview and Genesis of Kenya Data Center Market
• Cross Comparison of the DC Market in Kenya with Other Countries (Based on Market Stage, Competition, Number of Data Centers, and Major regions)
• Market Size Analysis, 2017 to 2022
• Market Segmentation of Kenya Data Center Market
• End User Analysis Kenya Data Center Market
• Challenges and Bottlenecks in Kenya Data Center Market
• Enablers & Growth Drivers in Kenya Data Center Market
• Trends and Developments in Kenya Data Center Industry
• Reseller Mechanism in the Data Center Market in Kenya
• Competition Framework of Kenya Data Center Market
• Pricing Analysis of Kenya Data Center Market
• Impact of COVID-19 on Kenya data center
• Future Outlook of Kenya Data Center Market
• Case Study
• Analyst Recommendation

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

Kenya Data Center Market Outlook to 2027F: Ken Research

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E-Commerce Orders Deliveries growing at CAGR of 18.6% (2021-2026F) with Increasing Number of Online Shoppers & Entrance of Major Retailers in KSA

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KSA E-commerce is expected to generate $20 Bn by 2025, mainly driven by the demands of growing internet penetration, demanding easier access to goods and services

The advent of players offering last-mile delivery options has allowed retailers to improve e-com logistics to support growth and scale. Furthermore, KSA has an internet penetration rate of 98% in 2021, with massive number of online shoppers, out which the young population in KSA is spending on an average 7 hrs 45 minutes every day using Internet, resulting in higher number of E-commerce orders in 2021. On the other hand, government initiatives intended to promote entrepreneurship and a cashless economy has further boosted the e-commerce development in KSA, which resulted to higher growth in e-commerce orders in the market.

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2. Increased Geographical Reach, Wider range of Options and Product Availability, Best Prices, Easy Returns are some of the Gaps in Offline Retail which are filled by Online Retail in KSA

The offline retailer's customer reach is expanded exponentially through online presence. E-commerce platforms who have established delivery networks, can support retailers in delivering goods beyond their own personal reach.

From clothing to food items and car parts to scientific equipment, customers have the power to choose from across a wide range of options. There is no need to visit multiple stores each time.

The competition online is stiff, and online retailers are looking for ways to offer the best deals to beat the competition.

The ability to compare several sellers then decide on the best makes it easy to get the best deals.

Online stores offer flexible payment methods including cards, digital wallets and some even allow you to pay later. Moreover, there is an easy return policy offered by the e-commerce platforms.

3. E-Commerce Logistics Market expected to grow at CAGR of 14.7% by 2026F basis revenue largely due to growth in online shopping & entry of new players

The growth of e-commerce logistics companies will highly depend on their last mile delivery model. Mobile Depots are expected to make urban deliveries faster as where in mobile depots will carry parcels of the day from the fulfilment centres to the city centre for last mile delivery. Upgradation in Technology such as GPS Monitored Robots, Drones, Inbuilt RFID, GPS, IoT, telematics will be used for tracking Inventory. KSA’s populace includes ~70% people aged between the age group of 14-64 years, who will drive the future of the e-commerce market. These digital natives are constantly connected and look out for on-request, instant arrangements.

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

KSA E-Commerce Logistics and Warehouse Market Outlook to 2026F: Ken Research

Egypt Car Rental Market size is expected to double in the upcoming years owning to increase in E-Vehicles and advance bookings by Foreign Tourists in the country: Ken Research

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• Growth rate of total car rental is going to increase over the period as car leasing becomes easier, and market penetration rates increase in the country.
• With rising internet penetration and ownership of smartphones, it is expected that customers will make bookings online as it is more convenient for bookings with additional discounts and saving time.
• The tourism sectors in cities like Cairo and Giza are expanding, which is expected to have a beneficial impact on the Egypt car rental market growth.

Inflow of Investments: The Egypt Car Rental Market will expand in the coming years as a result of the increased focus of car rental companies on corporate clients due to increase in foreign travelers. With this trend, the inflow of investments will increase in the future. For Instance, Zoomcar, the world's largest emerging market focused car sharing marketplace, is looking to double its investments in Egypt in the coming three years. The India-based firm initially said it would spend ~ millions over a three-year period when it launched in Cairo in October. The car rental startup also wants to significantly ramp up its customer base by the end of 2022.

Government Initiatives: The government's initiative will attract tourism in the country and is expected to contribute to the overall market growth. Red Sea Bridge which will join Saudi Arabia and Egypt will a become a major growth booster for the car rental market in the Egypt as the majority of the business in car rental market is derived by the trading companies. The bridge connecting Saudi Arabia with Egypt will boost trade between the two countries. Both the countries have signed 17 agreements to enhance bilateral ties. Furthermore, other government investments in building infrastructure for electric vehicle will be a major reason for growth in car rental market in the future.

Increase in Electric vehicle manufacture: The share of EVs is expected to increase many folds as Egypt plans to shift to electric mobility and plans to begin subsidizing electric vehicle. On the infrastructure side, the government is still working on plans to establish a nationwide charging network. In other efforts to advance the industry, Egypt’s House of Representatives just gave its final approval to a bill that will establish a new regulatory body to set policy for auto assembly in the country, including EVs, and provide financial incentives for manufacturers.

Analysts at Ken Research in their latest publication “Egypt Car Rental Market Outlook to 2027F - Driven by Increasing Internet penetration, On-Demand Services, boost in tourism and Government Initiatives in infrastructure” observed the potential of the Car Rental Market in Egypt. With the boost in tourism sector in Egypt, increasing trend for On- Demand services, rising internet penetration along with government initiatives on infrastructure and electric vehicles are expected to contribute to the market growth over the forecast period. The Egypt Car Rental Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

Key Segments Covered:-

Egypt Car Rental Market

By Market Structure, 2022 & 2027F

Organized market

Unorganized market

By Type of Vehicles, 2022 & 2027F

Small Cars/ Hatchbacks

Sedans

SUVs

Others

By ICE/EV, 2022 & 2027F

ICE (Internal Combustion Engine)

Electric Vehicles

By Cities, 2022 & 2027F

Cairo

Alexandria

Giza

Qalyubia

Port Said

Suez

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By Mode of Booking, 2022 & 2027F

Online

Offline

By Time Duration, 2022 & 2027F

Long

Short

By Pick-up, 2022 & 2027F

Off-Airport

On-Airport

Key Target Audience:-

Car Rental Service Providers

Car Rental Companies aiming to establish in Egypt

Egypt’s automotive industries

Government Bodies & Regulating Authorities

Venture Capitalist targeting the car rental market

Automotive industry association

Car Manufacturers

Existing Car Rental Companies

OEM Dealerships

New Market Entrants

Investors

Car Rental Associations

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Time Period Captured in the Report:-

Historical Year: 2017-2022

Base Year: 2022

Forecast Period: 2022– 2027F

Companies Covered:-

Kayak

Sixt

Europcar

Avis Rent a Car System LLC

Locanfy

Bikebookig.com

TruKKer Holding

Reftruck Egypt

Enterprise Holdings, Inc.

VIPCars.com

Key Topics Covered in the Report:-

Overview, Operating Models and Company Profile of the Automotive Industry in the Egypt, 2022

Overview and Genesis of Car Rental Market in Egypt, 2022

Ecosystem of Egypt Car Rental Market

Business Cycle, Timeline, and Value Chain Analysis of Car Rental Market in Egypt

Egypt Car Rental Market Sizing, 2017- 2022P

Market Segmentations of Car Rental Market in Egypt (by Market Structure, by Type of Vehicle, by ICE/ EV, by Mode of Booking, by Pick-up, by Client, by cities), 2022

SWOT Analysis of Egypt Car Rental Market

Growth Drivers of Egypt Car Rental Market

Government regulations of Egypt Car Rental Market

Government Incentives and Policies on Electrification in Egypt

Trends and Developments of Egypt Car Rental Market

Challenges of Egypt Car Rental Market

Competitive Analysis of Car Rental Market in Egypt

End User Analysis of Car Rental Market in Egypt

Future Outlook and Projections of Car Rental Market in Egypt, 2022-2027F

Market Opportunities and Analyst Recommendations

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

Egypt Car Rental Market

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Netherlands Car Rental Market Outlook to 2027F

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Global Medical Tubing Market Revenue is expected to reach nearly US$ 21 billion by 2028: Ken Research

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Global Medical Tubing Market By Region

The global medical grade tubing market is segmented in North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2022, the contribution of North America was a ~% share of the total global market. The region is expected to contribute a ~% share to the global market by the end of 2028F. The majority of the market share is contributed by the North America region. Developing countries are expected to register strong growth in the adoption of medical grade tubing by the end of 2028F.

The North America region has one of the most technologically advanced healthcare systems globally. The region has a large base of medical grade tubing manufacturers and is the leading region within the global medical grade tubing market. North America consists of the U.S. and Canada. The presence of multiple established companies in the region is the primary propeller for the region’s growth.

Competition Scenario In Global Medical Tubing Market

The global medical grade tubing market is expected to witness significant growth during the forecast period 2022-2028F. The major companies operating in the market include Compagnie de Saint-Gobain S.A., TE Connectivity, Trelleborg Group, Berkshire Hathaway, Spectrum Plastic Group, and B. Braun Melsungen AG. The companies are currently focused on the development of tubing with smaller diameters, smaller wall thickness, and tight tolerance with enhanced performances. The demand for smaller medical devices has increased from the end-user market in response to minimally invasive surgeries.

What Is the Expected Future Outlook for the Overall Medical Tubing Market Across the Globe?

The global medical grade tubing market was valued at USD~ million in 2020 and is anticipated to reach USD~ million by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The global medical grade tubing market is driven by factors such as the increased geriatric population driving the need for surgeries requiring medical tubing, the growth in healthcare expenditure, and a shift toward minimally invasive surgeries. However, the market is constantly being influenced by rapid development in technology, product innovation, and diversification.

The emergence of minimally invasive surgeries as an alternative for conventionally used radiation therapy is boosting the demand for medical grade tubing. Patients prefer minimally invasive surgeries over conventional procedures, owing to a smaller incision, faster postoperative recovery, less pain, better precision, and higher efficacy due to the use of image-guided techniques. Patients recovering from minimally invasive surgeries do not require high doses of pain relievers and can resume normal activities sooner after surgery.

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The geriatric population base is expected to be one of the key drivers of the growth of the global medical grade tubing market. With the growing aging population, life expectancy tends to increase. In addition, the demand for medical tubing has increased during the COVID-19 pandemic due to the high requirement for respiratory devices which use medical tubing for the treatment of respiratory diseases and other diseases that effects the lung.

Global healthcare spending is expected to face headwinds during the forecast period as several countries have increased their focus on the upgradation of existing healthcare infrastructure due to the COVID-19 pandemic. The increase in healthcare spending is expected to be more prominent in countries in the Middle East and Africa region, Asia-Pacific, and Latin America. Healthcare expenditure as a percentage of gross domestic product (GDP) has increased in several countries during 2010-2019. Increased government backing is required for the growth in healthcare expenditure.

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Global Medical Tubing Market

Australia Remittance Market Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027: Ken Research

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Australia Remittance Market is in the growing stage, owing to the rising digital platforms, increased internet and smartphone penetration and government’s initiatives. The Remittance Market in Australia is moderately consolidated with key players such as Wise, Commonwealth Bank of Australia, OFX etc.      

Key Market Findings:

• Australia Remittance Market was valued at USD ~ in 2021 and is projected to grow to USD ~ by 2027F, registering a CAGR of ~% in terms of revenue during the forecast period (2022P-2027F).
• In terms of volume of transactions, the inbound remittance is expected to register a CAGR close to ~% in 2027F.
• In the Digital Remittances segment, the number of users is expected to amount to ~ users by 2027F.

Rising Mobile and Internet Penetration: The advent of innovative electronic payment systems that leverage on technology, which can be used through internet and mobile, has led to electronic payment systems rising in the remittance space. Increased mobile and internet penetration in the country has resulted in significant shift towards use of mobile/internet-based payment systems for fund transfers. Introduction of lightweight acceptance infrastructure has further facilitated the use of mobile based payments across the country. This has led to a larger population having access to convenient payment systems at their disposal, leading to the growth of the Industry.

Adoption of Digital Technologies: The government has ambitious plans to rely on digital technologies to improve its operations, procedures, and decision-making, as well as its capacity to communicate information with people. Improvements in governance mechanisms, enabling a digital workforce, strengthening agile development and analytical platforms, and implementing strong cyber security controls are all given particular attention. These efforts will increase employment in the digital sector, which will in turn encourage the inflow of workers into the nation resulting in the overall rise in the Remittance Industry in the country.

Rising Digital Platforms for Fund Transfer:  Legacy providers in the Australia Remittance Market are banks, post offices and specialized money transfer services such as Western Union and MoneyGram. These services charge comparatively high fees, and the digital companies such as Wise, WorldRemit and InstraRem have won their share of the market by offering reduced transfer fees. This is possible due to optimizing the use of digital infrastructures to bypass much of the costs. This has led to the increase in digital payments and will lead to the increase in use of digital platforms for fund transfers, contributing to the growth of the Remittance Industry in Australia.

Analysts at Ken Research in their latest publication “Australia Remittance Market Outlook to 2027F - By International Remittance Flow Corridor (Inbound and Outbound Countries and Point of Contact), By Domestic Remittance Flow Corridor (Urban to Rural, Urban to Urban, Rural to Rural and Rural to Urban) and By Channels Used (Banking Channel, MTOs, M-Wallets and Others)” observed that Australia Remittance Market is expected to showcase considerable growth in the coming five years. In the upcoming years, it is predicted to expand more rapidly due to rising digital platforms, government’s initiatives and increased internet and smartphone penetration. The Remittance Market in Australia is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.

Key Segments Covered in the report

• By International Remittance Flow Corridor

• By Inbound Countries (By Value of Transactions)
• India
• US
• Saudi Arabia
• France
• China
• Russia
• By Outbound Countries (By Value of Transactions)
• India
• Pakistan
• Mexico
• China
• Egypt
• Philippines

• By Point of Contact (By Volume)
• Branch Pick-up
• Mobile Payment & Online Transactions
• Prepaid Cards

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• By Domestic Remittance Flow Corridor (Value of Transactions)
• Urban to Rural
• Urban to Urban
• Rural to Rural
• Rural to Urban

• By Channels Used (Value of Transactions)
• Banking Channel
• MTOs
• M-Wallets
• Others

Key Target Audience

• Banks
• Money Transfer Operators
• Digital Payment Companies
• M-Wallet Companies
• Bills Payments Companies
• Investors & Venture Capital Firms
• Government Bodies
• Mobile Money Companies

Time Period Captured in the Report:

• Historical Period: 2017-2022P
• Base Period: 2022P
• Forecast Period: 2022P-2027F

Companies Covered:

• Wise
• Commonwealth Bank of Australia (CBA)
• OFX
• TorFX
• InstaRem
• WorldRemit
• Xe Money Transfer

Key Topics Covered in the Report

• Australia Remittance Market Overview
• Australia Remittance Market Segmentation
• Australia Domestic Remittance Market Overview
• Australia International Remittance Market Overview
• Ecosystem of Australia Remittance Market
• Market Share of Major Players in Australia Remittance Market
• Industry Analysis of Australia Remittance Market
• Value Chain of Clinical Laboratory Market in Thailand
• Key Growth Drivers in Australia Remittance Market
• End User Analysis of Australia Remittance Market
• Key Challenges of Australia Remittance Market
• SWOT Analysis of Australia Remittance Industry
• Future Outlook of Australia Remittance Market
• Trends and Development of Australia Clinical Lab Market

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

Australia Remittance Market Outlook to 2027F: Ken Research

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The Australia Remittance Industry has grown in the last five years owing to the rising digital platforms and government’s initiatives: Ken Research

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The Remittance Market in Australia saw a drop in the growth in terms of transaction value in 2020 due to the Covid-19 pandemic, but as things are going back to normal with time, the industry is expected to recover faster.

Australia Remittance Market Overview: The Australia Remittance Market is currently at the growth stage owing to the increasing digitalization, increased internet and smartphone penetration as well as government initiatives. Remittance services in Australia are available through banks, money transfer operators (MTOs), and other mobile and digital service providers. The market is moderately consolidated with ~ players owning the majority of the market.

Impact of Covid-19 on Australia Remittance Market: The rapid growth of COVID-19 has slowed the Remittance Market's expansion across the country. Outbound remittances from Australia decreased by almost half between 2019 and 2020. A portion of the decline can be attributed to Australia's border shutdown, which resulted in a sharp decline in working and temporary skilled migrants. Additionally, the pandemic had disproportionately impacted vulnerable groups, including migrants. However, after the devastating COVID-19 pandemic outbreaks, the sector is beginning to show indications of a reasonable recovery as the market's revenue has recovered by around ~% in 2022 compared to 2020.

Government Initiatives: The Australian Government remains committed to delivering on the 2014 G20 Call to Action on Remittances. Australia is engaging with commercial banks and industry associations to support low cost remittance transfers in its region. Australia is also leveraging its aid initiatives and a seasonal workers program to better prepare workers from the Pacific to invest remittance savings upon return to their home countries. Australia continues to support transparency initiatives, such as remittance price comparison websites. Additionally, Australia is engaging with global standard setting bodies, and its domestic authorities, to review the impact of Australia’s anti-money laundering and counter terrorism legislation on remittance transfers. The National Remittance Plan of Australia intends to make it possible for everyone to send money in a secure and economical manner.

Analysts at Ken Research in their latest publication “Australia Remittance Market Outlook to 2027F - By International Remittance Flow Corridor (Inbound and Outbound Countries and Point of Contact), By Domestic Remittance Flow Corridor (Urban to Rural, Urban to Urban, Rural to Rural and Rural to Urban) and By Channels Used (Banking Channel, MTOs, M-Wallets and Others)” observed that Australia Remittance Market is expected to showcase considerable growth in the coming five years. In the upcoming years, it is predicted to expand more rapidly due to rising digital platforms, government’s initiatives and increased internet and smartphone penetration. The Remittance Market in Australia is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.

Key Segments Covered in the report

• By International Remittance Flow Corridor

• By Inbound Countries (By Value of Transactions)
• India
• US
• Saudi Arabia
• France
• China
• Russia

• By Outbound Countries (By Value of Transactions)
• India
• Pakistan
• Mexico
• China
• Egypt
• Philippines

• By Point of Contact (By Volume)
• Branch Pick-up
• Mobile Payment & Online Transactions
• Prepaid Cards

• By Domestic Remittance Flow Corridor (Value of Transactions)
• Urban to Rural
• Urban to Urban
• Rural to Rural
• Rural to Urban

• By Channels Used (Value of Transactions)
• Banking Channel
• MTOs
• M-Wallets
• Digital Platforms
• Others

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Key Target Audience

• Banks
• Money Transfer Operators
• Digital Payment Companies
• M-Wallet Companies
• Bills Payments Companies
• Investors & Venture Capital Firms
• Government Bodies
• Mobile Money Companies

Time Period Captured in the Report:

• Historical Period: 2017-2022P
• Base Period: 2022P
• Forecast Period: 2022P-2027F

Companies Covered:

• Wise
• Commonwealth Bank of Australia (CBA)
• OFX
• TorFX
• InstaRem
• WorldRemit
• Xe Money Transfer

Key Topics Covered in the Report

• Australia Remittance Market Overview
• Australia Remittance Market Segmentation
• Australia Domestic Remittance Market Overview
• Australia International Remittance Market Overview
• Ecosystem of Australia Remittance Market
• Market Share of Major Players in Australia Remittance Market
• Industry Analysis of Australia Remittance Market
• Value Chain of Clinical Laboratory Market in Thailand
• Key Growth Drivers in Australia Remittance Market
• End User Analysis of Australia Remittance Market
• Key Challenges of Australia Remittance Market
• SWOT Analysis of Australia Remittance Industry
• Future Outlook of Australia Remittance Market
• Trends and Development of Australia Clinical Lab Market

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

Australia Remittance Market Outlook to 2027F: Ken Research

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Philippines Remittance and Payments Market Outlook to 2024

Egypt Remittance Market Outlook to 2023 – By Inbound and Outbound Remittance, By Transfer    Mode (Bank Transfer, Through Friends or Relatives, Through Agent or Courier, Carried Money on Their Visits, and Others), By Banking and Non-Banking Transfer, By Bill Payment Type (Mobile Services, Internet Services, Utilities, and Others), By Bill Payment Mode (Cash Payments, Card Payments, and Fund Transfers)

Kuwait Remittance Market by Inbound and Outbound International Remittance, By Mode of Transfer (Electronic and Cash), By Channel (Bank And Non-Bank), By Bill Payment Methods (Cash, Credit/Debit Card/E-Wallet And Electronic Transfers), By Types Of Payment (Grocery Bills, Utility Bills, Fuel Bills, DTH And Broadband Bills And Mobile Recharge Bills) And By Regions – Outlook To 2022

South Africa Domestic and International Remittance Market Outlook to 2023 - By Channels Used (Banking Channels, Retailers, ADLAs & MTOs and Others), Remittance Corridors (Inbound-Outbound and Rural-Urban)