Increasing prices of a new smartphone, and a high proportion of low- to mid-income consumers will boost Thailand Used Smartphone Market: Ken Research

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1.  Used Smartphone Industry in Thailand grew at a CAGR of 11.6% during 2017-2022P

Improved technology used in the process of refurbishment will promise the premium quality of refurbished phones. The inclusion of accessories sold along with refurbished phones to provide first-hand experience can also be a possibility. The market size of the new smartphone market is expected to increase at a CAGR of 13.6% from 2022P to 2027F. Adoption of 5G network and increasing smartphone penetration will contribute to the expected growth. The average price of used smartphones is expected to increase at a CAGR of 4.2% from 2022 the as market size of the used smartphone is expected to increase as well.

2. Unorganised distribution channel has dominant share owing to online marketplaces who source second hand smartphones from offline stores and then sell it from their online marketplace

The high revenue share of unorganized distribution channels is due to the presence of online marketplaces that source second-hand from offline stores/dealers and then sell it to second-hand buyers from their online marketplace. There is no systematic and organized distribution channel that is followed.

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3.  Retail customers captures market at ~% owing to high proportion of low to mid income group in Thailand used smartphone market

Retail customers captures ~% market share by sourcing medium. This is due to presence of high proportion of low to mid income group in Thailand. They prefer buying used smartphone instead of new smartphone, thereby capturing major market share by sourcing medium. Business as well captures significant market share at ~% as they need to distribute smartphone to employee for work purpose and to be cost efficient, they purchase used smartphone which is not hard in the pocket and gets the work done.

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

Thailand Used Smartphone Market

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Indonesia Used Smartphone Market Outlook to 2026

Malaysia Used Smartphone Market Outlook to 2026F

France Online Advertisement Market Outlook 2027F: Ken Research

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The French Online Advertisement Market is expected to witness an uptick in the upcoming years generating an annual revenue growth of US $ ~ M in 2022P. The key players operating in the ecosystem are Alphabet, Facebook, Microsoft, Amazon, Tencent, Baidu, ByteDance, Meta Platforms & others. In 2020, France ranked among Europe’s largest digital ad market & grabbed third position among the fastest growing digital ad markets globally in 2021.

Key Market Findings

• The French Online Advertisement Industry had revenues exceeding US $ ~ M in 2022P & is expected to have a steady recovery after the hit faced by it due to the pandemic induced lockdown in 2020-21.
• The Market is expected to grow at a CAGR of ~%.
• Automotive, consumer packaged goods, financial services, retail & travel & tourism industries spend the most in terms of online advertisements.
• It is expected that by 2027, ~% of the total online advertisement spending will be generated through mobile phones.

Internet Penetration: With the ever-expanding internet penetration, online advertisement has become much more effective & feasible. As per estimates, a total of 60.92 million internet users were accounted in January 2022 with the internet penetration rate standing at 93.0%. Moreover, the total number of internet users in France increased by whooping 1.5 million (+2.4%) in 2021 & 2022. The pandemic may have taken a hit at the industry’s profits because of some factors but it also increased the time spent by an individual on the internet as a result of which companies were able to reach more people by way of advertisement. The way ahead will see an uptick in the overall growth once full recovery has been made by the industry.

Travel & Tourism: The increase in the number of tourists visiting the country has increased & so has the need for tourists services which has resulted in various service providing agencies going digital in order to reach the maximum number of tourists. This in turn is boosting the demand for online advertisement platforms like Facebook & other Meta platforms. A robust growth is expected to be seen in the upcoming years.

Digitalization of the European Advertising Industry: In 2018, digital advertising accounted for a large share of the total advertising market in France & other European countries. The online advertisement market is expanding as a result of the change in public’s behaviour from offline to online world. Within a span of 10 years, the total number of internet users has grown tremendously to twice its size from ~ Billion in 2012 to ~ Billion in 2022. Moreover, the ‘pandemic effect’ which compelled people to spend more hours on the internet is going to stay & will act as a catalyst when it comes to inducing growth in the France Online Advertisement Market.

Analysts at Ken Research in their latest publication, “France Online Advertisement Market Outlook 2027F- by Medium (Desktop and Mobile), By Type (Search, Social Media, Display, Video, Audio and Others), By Sectors (Retail, Automotive, Financial Services, Telecommunications, Leisure Travel, Consumer Packaged Goods, Electronics & Computers, Pharmaceuticals/Healthcare, Media, Entertainment and Others), By Pricing Model (Performance, Cost per Mile and Hybrid) and By Ad Buyers (Direct and Agencies)”  observed that the market is experiencing recovery from the hit it faced by the global pandemic. Rapid digitalization of the European market, travel & tourism & increased Internet penetration are some of the major factors contributing to its growth in the 2022-2027 period. It is expected that the France Online Advertisement Market will grow at a CAGR of ~% for the above mentioned tenure.

Key Topics Covered

• France Online Advertising Market Introduction (Historical Evolution, Overview, Genesis, Business Cycle)
• France Online Advertising Market Size
• France Online Advertising Market Segmentation
• SWOT Analysis of France Online Advertising Market
• Growth Drivers, Trends and Developments in France Online Advertising Market
• Issues and Challenges in France Online Advertising Market
• Regulatory Framework in France Online Advertising Market
• Customer Profiling in France Online Advertising Market
• Case Studies Covered in France Online Advertising Market
• Competitive Landscape in France Online Advertising Market
• France Online Advertising Market Future Outlook and Projections, 2022-2027F

Key Segments Covered

• By Type (On the Basis of Ad Expenditure)
• Digital Advertising Market
• Traditional Advertising Market

• By Medium (On the Basis of Ad Expenditure)
• Desktop Advertising
• Mobile Advertising
• By Type of Advertisement (On the Basis of Ad Expenditure)
• Search Advertising
• Social Media Advertising
• Display Advertising
• Video Advertising
• Audio Advertising
• Other Advertising (Native Advertising, Classifieds, Lead Generation, Buzz/Content Advertising, Email Marketing and more)
• By Ad-Format on the Basis Of Platforms (On the Basis of Ad Expenditure)
• Social Media Advertising
• Facebook
• Instagram
• Others
• Search Advertising
• Google
• Yahoo & Bing
• Amazon
• Video Advertising
• YouTube
• Others

• Further Segmentation by Medium (Desktop and Mobile, On the Basis of Ad Expenditure)

• Social Media Advertising
• Mobile
• Desktop
• Video Advertising
• Mobile
• Desktop
• Search Advertising
• Mobile
• Desktop
• Audio Advertising
• Mobile
• Desktop
• Other Advertising (Native Advertising, Classifieds, Lead Generation, Buzz/Content Advertising, Email Marketing and more)
• Mobile
• Desktop

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• By Sectors (On the Basis of Ad Expenditure)
• Retail
• Automotive
• Financial Services
• Telecommunications
• Leisure Travel
• Consumer Packaged Goods
• Electronics & Computers
• Pharmaceuticals/Healthcare
• Media
• Entertainment
• Others (Real-Estate, Education, Agrochemicals, Energy, Construction and more)

• By Ad-Buyers (On the Basis of Ad Expenditure)
• Direct
• Ad Agencies

• By Pricing Model (On the Basis of Ad Expenditure)
• Performance
• Cost Per Mile
• Hybrid

Key Target Audience

• Advertising Agencies
• Social Networking Platforms
• End User Industries Investing in Digital Advertising
• Regulatory Bodies and Government Agencies
• Investors

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Time period captured in the Report

• Historical Period: 2017-2021
• Base Period: 2022P
• Forecast Period: 2023F-2027F

Companies Covered in France Online Advertising Market

• Advertising Agencies
• Rosbeef
• SmartWeb Group
• SGK
• Walt

• Major Online Platforms
• Meta
• Alphabet
• Amazon
• Tencent
• Facebook
• Microsoft

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

France Online Advertisement Market Outlook 2027F: Ken Research

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Russia Online Advertising Market Outlook to 2023 by Medium (Desktop and Mobile), by Type of Online Advertisement Buying and Selling (Non-Programmatic and Programmatic), by Type of Online Advertisement (Performance and Branding), by Sector (Retail and E-commerce, FMCG, Electronics, Automotive, Finance, Pharmaceuticals, Travel, Real Estate and others)

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Increasing companion animal population, adoption of advance technology and rising animal health concerns had driven UK Pet Insurance Market: Ken Research

 Focus On Growing Awareness and Increasing Companion Animal Population Are Major Factor Contributing Towards Development of Construction Chemical Market in UK.

Increasing Companion Animal Population: The major reason for the growth in pet insurance market is because of the increase in companion animal population. The reason behind this is the increase in the prevalence of mental illnesses in humans such as clinical depression, anxiety-related issues, personality disorder, and psychotic disorder and one of the popular treatments for mental illness is animal-assisted therapy, as animals can provide patients with emotional support.

Increasing use of Technology:  Telehealth adoption has rapidly increased during the pandemic because people were avoiding in-person veterinary examinations due fear of spreading the virus. Furthermore, technologies like smart monitoring can monitor pets’ behavior, analyze it and help owners to make the proper adjustments. Thus, IOT pet tracking devices can also help insurers observe pets eating habits, activity levels and movement around house. Pet insurers are also increasingly utilizing innovative technology to offer activity tracking for pets. For instance, Whistle’s and Pit Pat’s pet use tracker devices to provide services such as health monitoring, fitness tracking, location alerts, and diet suggestions.

Rising Animal Health Concerns: As the pet population is increasing in UK, so the health-related concern of pet is also increasing. Nowadays pets are suffering from lots of diseases like liver disease, arthritis and gall bladder disorder etc. and the costs of vets is very high. For avoiding these types of extra expenditure pet owners are stared to taking pet insurance cover for their pet life which is making pet insurance more popular in UK. Furthermore, for the prevention of obesity people are making their animals to participate in sports such as horse racing which also increases the probability of pet injuries and accidents, further boosting the pet insurance market.  By watching this trend, the pet insurance companies have also started covering sophisticated medical care for pets like heart surgery, joint replacement, and chemotherapy which has also become a major reason for the growth in UK pet insurance market.

Analysts at Ken Research in their latest publication “UK Pet Insurance Market Outlook to 2027F - Driven by Rising Companion Animal, High veterinary costs and Technology advancement” by Ken Research observed that UK Pet Insurance market is in the growing phase, growing at CAGR of 5.3% between 2017-2022P owning to the increasing companion animal population, adoption of advance technology, rising animal health concerns, high veterinary cost and growing At-home diagnostic. It is expected that UK Pet Insurance market will continue to grow, at a CAGR of 4.8% for the 2022P-2027F forecasted period.

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Key Segments Covered

UK Pet Insurance Market:

By Product Type, 2022P & 2027F: 

• Life Insurance
• Non-Life Insurance

By Insurance Type, 2022P & 2027F: 

• Cover for Life
• Maximum Benefit
• Accident Only (12 months)

By Mode of Distribution, 2022P & 2027F: 

• Direct (Online)
• Others (Broker, Agency, Advertisements etc.)

By Age of Animals, 2022p & 2027F:

• Below 6
• 6 and Above

By Type of Animal (Premium collected), 2022P & 2027F:

• Dog
• Cat
• Others (Rabbit, Horses, Reptile, Birds.)

By Number of Animals, 2022P & 2027F:

• Dog
• Cat
• Others (Rabbit and other Exotic pets.)

Key Target Audience

• Private Insurance Providers
• Public Insurance Providers
• Insurance Agency
• Bancassurance
• Brokers
• Direct Sales
• Related Government Agencies
• New Entrants

Time Period Captured in the Report:

Historical Period: 2017-2022P

Base Year: 2022P

Forecast Period: 2022P – 2027F

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Companies Covered:

• Petplan
• Direct line
• More th>n
• Agria
• Many Pets

Key Topics Covered in the Report:

• Country Overview of UK
• UK Pet Insurance Market Overview
• Business Cycle and Genesis of UK Pet Insurance Market
• Ecosystem of UK Pet Insurance Market
• End-to-end process of UK Pet Insurance
• UK Pet Insurance Market Size, 2017-2027F
• Market Segmentation of UK Pet Insurance Market
• Industry Analysis of UK Pet Insurance Market
• SWOT Analysis of UK Pet Insurance Market
• Porter’s Five Forces Analysis
• Growth Drivers of UK Pet Insurance Market
• Challenges in the UK Pet Insurance Market
• Trends and Developments in UK Pet Insurance Market
• Impact of Covid in UK Pet Insurance Market
• End User Analysis
• Cross Comparison of Major Players in UK Pet Insurance Market (Inception, Ownership, Presence, Headquarter, Number of Employees, No. of Subscribers, Awards & Certificates, Partners, Parent Company, Market Share, Claims Processed, Technology, Future plans, Recent Development, strategic initiatives)
• Future Outlook of UK Pet Insurance Market
• Analyst Recommendation

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

Future Outlook of UK Pet Insurance Market

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Spain Pet Insurance Market Outlook to 2027F

Sweden Pet Insurance Market Outlook 2027F

With an increase in investment in research and development and new chemicals coming in, the Brazil Crop Protection market is expected to grow significantly: Ken Research

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Brazil's crop protection market is expanding as a result of shifting consumer preferences, rising crop protection product investment, and the use of cutting-edge agricultural technology in the country. Major players in the Crop Protection market in Brazil include Bayer CropScience, BASF SE, Syngenta AG, UPL, and Corteva agriscience.

Key Market Findings: -

• The biopesticides segment of the market is projected to register a higher CAGR than synthetic pesticides during the forecast period.
• The major players are strengthening their presence across the country through various activities such as mergers & acquisitions, expansion of their production units, warehouses, and distribution channels, investment in R&D, and new product developments.
• The growing trend of veganism will drive the market for agriculture and crop protection by increasing the requirement for the development of plant-based foods.

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Top exporter of major crops: In 2022, Brazil was the top exporter of both coffee and soybeans, ranking fourth in the world's agricultural economies. To prevent the influence of weeds on the soil, the Brazilian government has required the use of pesticides, more especially herbicides, to reduce soil erosion. Brazilian farmers favor using herbicides to get the best agricultural output and manage weeds. As a result, in the future, the increased output of cereals, soy, and wheat will encourage consumers to start using herbicides. One of the main economic development drivers in Brazil will be the increased use of glyphosate as a result of the increased use of glyphosate-resistant soybeans.

Adoption of GM technology: Brazil is the leading producer of GM (Genetically modified) crops in Latin America, with three commercialized crops: soybean, maize, and cotton and is the second largest producer of biotech crops in the world, next to the US. With the adoption of GM technology, the adoption of these crops will be fastening up the use of pesticides due to the rise of superweeds and the increase in the difficulty to kill insects.  This will increase the use of more products for crop protection in the market in Brazil and will further drive its growth.

Increase in Research and development activities: During the projection period, the market segment for biopesticides is anticipated to grow at a faster rate than that of synthetic pesticides. Moreover, the demand for high-quality, organically produced goods and food safety will be rising all across the world. The farmers utilize bio-pesticides, as a result, to keep pests under control. Additionally, the low cost of production for biopesticides would result in a significant return on investment for the farmers due to the inexpensive R&D expenditure which will further drive the crop protection sector of Brazil.

Analysts at Ken Research in their latest publication “Brazil Crop Protection Market Outlook to 2027F - Segmented by Type (Pesticides (Herbicides, Insecticides, Fungicides, others) and Bio-pesticides (Bio-chemical pesticides, Microbial Pesticides, others)) by Crop Type (Cereal, Vegetable and Forage Crops)” observed the potential of the Crop Protection Market in Brazil. The growing population, increasing focus on food security, increased investment in research and development along with government incentives are expected to contribute to the market growth over the forecast period. The Brazil Crop Protection Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

Key Segments Covered: -

Brazil Crop Protection Market:

Type of Pesticides:

• Herbicides
• Insecticides
• Fungicides
• Biopesticides
• Rodenticides, Plant Growth Regulators, Adjuvants

Nature of Pesticides:

• Generic
• Patented
• Form of Pesticides
• Liquid
• Granules and Powder

Market Structure:

• Organized
• Unorganized

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By Source

• Domestic
• Import

Type of Crops:

• Pulses and Oilseed
• Grains and Cereals
• Fruits and Vegetables
• Commercial Crops
• Turfs and Ornamental

Key Target Audience

• Crop Protection Companies
• Crop Protection Associations
• International Investors
• Chemical Companies
• International Crop Protection Companies
• Venture Capitalist Firms
• Agrochemical Manufacturers
• Raw Material Suppliers
• Research & Development Institutes
• Government Bodies & Regulating Authorities

Time Period Captured in the Report:

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

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 Companies Covered:

Crop Protection Company

• Bayer SA
• Syngenta Protecao de Cultivos Ltda.
• BASF S.A.
• Corteva Agriscience
• FMC Corporation
• Sipcam Nichino Brasil
• Rotam Brasil
• Arysta Lifescience of Brazil Ind. Qum.
• Ltda.
• Nufarm do Brasil Ltda.
• UPL Limited

Key Topics Covered in the Report

• Brazil Crop Protection Market Overview and Genesis (Overview and Genesis including Market Stage, Market Nature and Growth Drivers, Business Cycle Graph)
• Brazil Crop Protection Market Value Chain Analysis
• Overview of Brazil Agricultural Scenario (Agricultural Overview, Contribution to GDP, Planted Area and Production, Mechanization Rate, Major Crops, Climate, Challenges and Sources of Credit)
• Introduction to Brazil Crop Protection Market
• Brazil Crop Protection Market Segmentation
• Trade Scenario in Brazil Crop Protection Market (By Value, By Volume and By Countries)
• Decision-Making Process Used by Farmers before Purchasing Crop Protection Products
• Trends and Developments in Brazil Crop Protection Market
• Issues and Challenges in Brazil Crop Protection Market
• Brazil Crop Protection Market Regulations
• SWOT Analysis Brazil Crop Protection Market
• Brazil Crop Protection Market Competition Scenario (Competition Scenario, Strength and Weakness, Market Share, Competition Scenario of Major Players)
• Brazil Crop Protection Market Future Projection, 2022-2027F
• Future Outlook of Brazil Crop Protection Market Segmentations, 2022-2027F
• Analyst Recommendations

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

Future Outlook of Brazil Crop Protection Market

Related Reports by Ken Research: -

Thailand Crop Protection Market Outlook to 2022

South Africa Crop Protection Market Outlook to 2022

South Korea E-commerce Logistics Market is expected to generate $16.4 Bn by 2026F: Ken Research

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Ecosystem of South Korea E-commerce Logistics Market

South Korea E-commerce Logistics Market is at a growing stage and has a moderately fragmented market with about more than 100 domestic and international players operating in the e-commerce logistics market. CJ Logistics have greater coverage in comparison to other logistics companies and provides integrated transportation and logistics services to individuals and companies in South Korea. Naver, Auction and G-market are the major Consumer to Consumer (C2C) platforms in South Korea E-commerce market.

Key Findings

• In the coming years, a higher smartphone penetration rate, better internet connectivity as well as vision 2030 of South Korea will play an important role in increasing the reach of E-commerce.
• Updated Technology such as Live Tracking, Automation, WhatsApp Bots, AI Systems, IoT, and Telematics will be a major trend used by e-com logistics players.
• It is expected that the growing e-commerce sector will create opportunities in intracity logistics eventually since South Korea has a well-developed transportation system. So, the orders can be delivered easily from one place to another.

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Busy Consumer Lifestyle & Preference towards Online Orders: Busy consumer lifestyle where both partners are working mostly prefers online shopping rather than wasting time hopping from store to store to buy different products. Online retailers have made it effective to purchase all their needs from a single platform, which saves a lot of time for consumers. Imposed social distancing measures and curfews caused a mass switch to online shopping. The outbreak of COVID-19 has pushed most of the retailers to move to offline to online (O2O) methods of sale. E-Com logistics players started partnering with healthcare & grocery establishments to provide timely provision of necessary products as they had strong network capabilities.

Electronic Vehicles & Delivery Drones and Artificial Intelligence: Over a period of time, the invention of electric vehicles is expected to lead to a greener delivery system that is environmentally friendly. Logistics companies are adopting the electric vehicle trend for their logistics needs because they are cost-effective, lightweight, and environmentally friendly. Also, future is promising with drone deliveries and artificial intelligence with automated delivery systems or the ability to deliver in tough terrain.

Technological Advancements and Infrastructure Development: Technological Advancements helps to improve and enhance supply chain transparency and security leading to improved cost efficiency. Whereas expansion of logistics infrastructure such as intermodal connectivity, logistics parks and ports help create business opportunities.

Same Day Delivery & Offering discount and price schemes: Switching to same-day delivery is a significant boost to online business performance and gives significant competitive advantage over competitors and improves customer experience. Also, if the price is too high, it may result in the abandonment of the basket. However, it can be overcome by offering discounts and price schemes to consumers so they do not feel the burden of the price.

Analysts at Ken Research in their latest publication “South Korea E-commerce Logistics Market Outlook to 2026F- Driven by Growth in Online Shoppers along with Introduction of New Age Technologies by Logistics Players” by Ken Research observed that E-Commerce Logistic market is an emergent Logistic market in South Korea at a growing stage from the economic crisis after pandemic. The Merger, acquisition and key investment, increase in number of warehouses along with online shoppers buying behavior is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 4.7% CAGR during 2021-2026F owing to rising demand of same day delivery and favorable government regulations for South Korea e-commerce logistics market.

Key Segments Covered in the report: -

South Korea E-Commerce Logistics Market

By Delivery Period (By number of shipments in %), 2021 & 2026F

• Same Day
• 1 -2 Days
• 2-4 Days
• More than 4 days

By Volumetric Weight (By number of shipments in %), 2021 & 2026F

• KG
• 1-2 KG
• 2-5 KG
• 5-10 KG
• Greater than 10 KG

By Types of Shipment (By number of shipments in %), 2021 & 2026F

• Domestic Shipments
• International Shipments

By Delivery area (By number of shipments in %), 2021 & 2026F

• Intercity
• Interacity

By Mode of Shipment (By number of shipments in %), 2021 & 2026F

• Ground
• Air
• Water

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By Online Sales (By number of shipments in %), 2021 & 2026F

• Mobile
• Desktop

By Types of Company (By number of shipments in %), 2021 & 2026F

• 3PL
• Captive

By Type of Commerce (By number of shipments in %), 2021

• B2C Commerce
• B2B Commerce

By Modes of Payment (By number of shipments in %), 2021 & 2026F

• Prepaid (Credit Cards, etc.)
• Cash on Delivery (COD)

By Accepted & Returned Products (By number of shipments in %), 2021

• For Prepaid, Accepted Products
• For Prepaid, Returned Products

By Modes of Payment (By number of shipments in %), 2021 & 2026F

• E-wallet (Kakao pay, Naver Pay,Samsung Pay,Toss,Payco etc.)
• Local cards
• Bank transfer (direct & virtual)
• International Cards (VISA, Master, Amex, Union Pay)
• Cash on Delivery
• Other (phone carrier billing, e.g., SKT, KT, LG U+, etc.)

By Product Category (By number of shipments in %), 2021 & 2026F

• Food and Beverages products
• Food delivery
• Home appliances/electronics/communication devices
• Travel and transportation services
• Household goods
• Others

Key Target Audience

• E-Commerce Companies aiming to establish in USA
• USA E-Commerce logistics industries
• Government Bodies & Regulating Authorities
• E-Commerce Industry
• Logistics industry
• Shipping company
• Warehousing Companies
• E-Commerce users
• Industry Associations

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Time Period Captured in the Report:

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

Companies Covered:

• CJ Logistics (NAVER)
• Coupang
• Wemakeprice
• Mesh Korea
• Lotte Global Logistics Center
• Hanjin
• Pantos
• Sebang

Key Topics Covered in the Report

South Korea E-commerce Market Overview

South Korea E-commerce Logistics Market Overview

Business Cycle and Genesis of South Korea E-commerce Logistics Market

Value Chain of South Korea E-commerce Logistics Market

Ecosystem: South Korea E-commerce Logistics Market

Timeline of South Korea E-commerce Logistics Market

South Korea E-commerce Logistics Market Size

South Korea E-Commerce Logistics Market Segmentation

Overview of E-commerce Warehousing Sector in South Korea

Government Initiatives and Bodies

SWOT Analysis of South Korea E-commerce Logistics Market

Growth Drivers of South Korea E-commerce Logistics Market

Challenges of South Korea E-commerce Logistics Market

Key Trends in South Korea E-commerce Logistics Market

End User Analysis

Covid-19 Impact on the South Korea E-Commerce Logistics Market

Future Outlook to South Korea E-Commerce Logistics Market

Competition Analysis: Market Share of E-Commerce Logistics Players in South Korea

Cross Comparison of Major E-Commerce Players

Cross Comparison of Major Logistics Players

Analyst Recommendation

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

Future Outlook of South Korea E-commerce Logistics Market

Related Reports by Ken Research: -

Australia E-Commerce Logistics Market Outlook to 2026

Germany E-Commerce Logistics Market Outlook to 2026F

USA E-Commerce Logistics Market Outlook to 2026: Ken Research

 CEP Market in USA:

Courier, Express and Parcel Market in USA generated a revenue of USD ~ million in CY’21 expanding at a CAGR of ~% during CY’16-CY’21. Covid led to increase in shipment in 2020 with people ordering online for household needs. The e-commerce penetration in the United States is increasing, signifying a good occupancy of the e-commerce share in the total retail industry. The growth of e-commerce is expected to drive the last mile, and the courier expresses parcel segments of the logistics sector.

USA CEP Market Segmentations, CY’21 and CY’26

CEP Market in USA can be segmented on the basis of Domestic/ International Shipments, Business Model, and Type of Shipments.

Competitive Landscape in USA logistics industry, CY’21

The competitive landscape of the United States freight and logistics market is observed to be fragmented with the presence of major international and domestic players in the country. The United States freight and logistics market observes high competition from the players. The technological development in the market has made it easier for new players to enter the market. Besides transportation and distribution services, numerous players offer specialized services such as reverse logistics, IT services, and consulting. Some of the major players are XPO Logistics, UPS Supply Chain Analysis, DHL Supply Chain, Penske Logistics, and J.B Hunt Transport Services.

Other parameters for comparison are: Number of Employees, Shipping/Transportation Countries, Total Space (Mn Sq. ft.), Number of Warehouses, Location.

Other companies include Apex Logistics, Nippon Express, The Port Authority of New York & New Jersey, American Commercial Lines Inc., Evergreen Line, Kirby Corporation, Mallory Alexander International Logistics, Odyssey Logistics, SSA Marine Inc, Maersk, CSX Freight Logistics, Norfolk Southern Corporation, Union Pacific Corporation, Kansas City Southern, BNSF Railway, Geodis (North America), NFI, Americold Logistics, Kenco Logistics, Neovia Logistics, Warehousing Services Inc.

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Future outlook of Industry

Development of logistics corridors and multimodal hubs will drive the logistics market in USA; expanding at a CAGR of ~% during CY'21 and CY'26F. The introduction of connected 3D printing will impact the logistics market, with the supply chain will soon become much faster and more closely connected. Even the government has implemented ‘Infrastructure Investment and Jobs Act’ and will allocate $250 Bn to modernize the transportation and logistics in the country. All of which seems to be having a positive impact on future growth of the logistics market in USA.

USA Freight Future Market:

USA Freight Forwarding Market is anticipated to generate a revenue of USD ~ Million in CY'26F expanding at a CAGR of ~% during CY'21 and CY'26F. Road/truck transport is the dominant mode of transportation of freight forwarding in USA. Also, it is expected that the freight volume of manufactured products, transit cargo and value-added agricultural products to the world market to and from USA will increase at a rapid speed once the infrastructure plans of the government are implemented.

USA Warehousing Future Market:

USA Warehousing Market is expected to expand at a CAGR of ~% during CY'21 and CY'26F due to rise in E-Commerce and Bonded Warehouses. USA’s USD ~ E-Commerce market is expected to grow exponentially, creating an urgent need for fulfillment centers. Due to growth in warehousing sector, Industrial Warehouses will continue to dominate in CY'26F because of affordability and availability. Closed Warehouses will continue to dominate in USA Warehouse market due to growth in construction and FMCG sectors in USA.

USA Express and E-Commerce Future Market:

Courier, Express and Parcel Market in USA is estimated to expand at a CAGR of ~% during CY'21 and CY'26F due to boost in E-Commerce Sector. The market is primarily driven by the constantly evolving e-commerce industry due to the significant penetration of the internet. Due to COVID-19, there is an increase in online shopping. Such a rapidly growing adoption of online shopping across the country has brought increased volume for express deliveries and parcels. New technologies and changing customer demands have seen a dramatic shift in the strategic priorities of all post and parcel players in United States. Digital transformation is a driver, and the impact is being felt in delivery demand and supply, returns, and cross-border e-commerce. Technological developments like the introduction of drone delivery services and e-locker delivery systems are further creating opportunities for start-ups to enter the market.

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Key Segments Covered in USA Logistics Industry

• USA Logistics Market
• Market Size by Revenue, 2016-2026F
• Market Segmentation by Transportation, CEP, Warehousing, VAS by Revenue, 2016-2026F

• Market Segmentation on the basis of Type of Mode by revenue, 2021 and 2026F (Sea, Road, Air, and Rail)
• Market Segmentation on the basis of Domestic/ International by revenue, 2021 and 2026F
• Market Segmentation on the basis of Type of End Users by revenue, 2016-2026F (Food and Beverage, Industrial & Construction, Retail, Automotive and Engineering, and Others)
• Market Size by Revenue generated, 2016-2026F
• USA Freight Forwarding Market (Volume by Mode of Freight, Revenue, Price per ton per km, Average Distance Travelled)
• USA Warehousing Market (Total Area, Revenue, Average Occupancy Rate, Price per sqm per month)
• Market Size by Revenue generated, 2016-2026F
• Market Segmentation on the basis of Type of Warehousing Space, 2021 (Tech/ Non-Tech, Organized/ Unorganized, and Racked/ Unracked)
• Market Segmentation on the basis of Business Model by warehousing space, 2021 and 2026F (Industrial/ Retail Warehouses, Container Freight/ ICDs, and Cold Storage)
• Market Segmentation on the basis of Type of Area by warehousing space, 2021 and 2026F (open/ closed)
• Market Segmentation on the basis of 3PL/ Integrated by revenue, 2021 and 2026F
• Market Segmentation on the basis of Type of End Users by revenue, 2021 and 2026F (Food and Beverage, Industrial & Construction, Retail, Automotive & Engineering, Pharma, and Others)
• Market Segmentation on the basis of Type by regions by warehousing space, 2021 and 2026F

• USA CEP Market (number of shipments, Revenue, Average E-Commerce Logistics cost)
• Market Size by Revenue generated, 2016-2026F
• Market Segmentation on the basis of Type of Domestic/ International Shipments, 2021 and 2026F
• Market Segmentation on the basis of Business Model by revenue, 2021-2026F (B2B, B2C, C2C)
• Market Segmentation by Type of Shipments, 2021-2026F (Same Day, Next Day, 2 Days, More than 2 Days)

Key Target Audience

• Freight Forwarding Companies
• Warehousing Companies
• Express Delivery Companies
• Investors/ Real Estate Developers

Time Period Captured in the Report:

• Historical Period: 2016-2021
• Forecast Period: 2021-2026

Logistics Companies in USA:

• Freight and Warehousing Players
• Hub Group
• Cosco Shipping Inc.
• Aeronet Worldwide Inc.
• H. Robinson Worldwide Inc.
• UPS Supply Chain
• Expeditors International
• Penske Logistics
• XPO Logistics
• Total Quality Logistics
• FedEx Freight
• B. Hunt Transport Services
• Knight-Swift Transportation
• Forward Air Corporation
• Landstar System
• Schneider National
• Werner Enterprises
• S. Xpress Enterprises
• Saia
• Averitt Express
• DHL Supply Chain
• Ryder Supply chain Solutions
• Dayton Freight Lines Inc.
• Kuehne + Nagel
• Daseke, Inc.
• Ceva Logistics
• Crane Wordlwide Logistics
• FedEx Logistics
• Trinity Logistics USA
• BDP International
• Apex Logistics
• Nippon Express
• The Port Authority of New York & New Jersey
• American Commercial Lines Inc
• Evergreen Line
• Kirby Corporation
• Mallory Alexander International Logistics
• Odyssey Logistics
• SSA Marine Inc
• Maersk
• CSX Freight Logistics
• Norfolk Southern Corporation
• Union Pacific Corporation
• Kansas City Southern
• BNSF Railway
• Ryder Supply Chain Solutions
• Geodis (North America)
• NFI
• Americold Logistics
• Kenco Logistics Services
• Neovia Logistics

• CEP Players
• XPO Logistics
• Amazon
• United Postal Services (UPS)
• DHL Express
• B. Hunt Transport Services
• FedEx Express
• TFI International
• LaserShip Inc
• Pace
• United States Postal Services

Key Topics Covered in the Report

• Country Overview
• Import and Export Scenario in USA
• Overview of USA’s Logistics Infrastructure
• Logistics Infrastructure in USA: Airports, Seaports, Rail Network and Road Network,
• Trends and Developments in Logistics Industry in USA
• SWOT Analysis in Logistics Industry in USA
• Government Initiatives in the USA Logistics Industry
• Issues & Challenges in USA Logistics Market
• Ecosystem of Major Entities in USA Logistics market
• Freight Aggregator Market Along with Business Models
• Technological Innovations in Warehousing Industry
• USA Logistics Current and Future Market Size on the basis of Revenue
• USA Logistics Current and Future Market Segmentations
• Scenario of E-Commerce in USA
• Competition Landscape in Freight Warehousing & CEP Market in USA

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

USA Logistics Industry: Ken Research

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Government Initiatives, Regulations, Changing Demographics and Rising Service Verticals Will Boost KSA Fintech Market

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1. The GTV of KSA Fintech Market is expected to grow with a CAGR of 17.8% from 2022P-2027F driven by Government Initiatives, Technology Adoption.

The industry is moving towards digital advancement and technologies such as AI and ML to improve capabilities. Government regulations and initiatives are being introduced in the region to support the development of Fintech industry like Digital Banks, Open Banking.

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2. A rise in Smartphone Users and Internet Banking Penetration is contributing to the growth of Fintech Market in KSA.

The usage of fintech will rise as more people use smartphones. The smartphone penetration rate in 2022 reached 91%, indicating that the majority of people have access to smartphones and highlighting the enormous potential of the fintech market in Saudi Arabia. With a CAGR of 9.8%, Internet banking penetration has reached 48% in 2022. As a result, digital banking expanded in KSA.

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3. KSA Fintech Market will grow at a CAGR of ~17.8% driven by Government Initiatives, Regulations, Changing Demographics and Rising Service Verticals.

The KSA Fintech Industry is anticipated to create more than 100 Mn transactions in 2027, thanks to several government programs and legislation including Open Banking, Digital Banking, and others as well as rising consumer usage of technology. Every year, there is an increase in the amount of investment activity in the fintech sector, with many domestic players forming alliances with foreign players, investors, and other businesses to expand into nearby markets, add to their current product lines, and innovate to gain access to new markets.

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

KSA Fintech Market: Ken Research

The Thailand Dental Services Market is expected to contribute ~$1.7 Bn owing to ageing population, rising dental tourism and government’s initiatives in healthcare: Ken Research

 Ecosystem of Thailand Dental Services Market

Thailand Dental Services Market is at a growing stage and has highly fragmented market with MOS Dental as the market leader. Country has 200+ organized clinics and 5,000+ unorganized clinics. Thailand dental services market is in growth stage as there is moderate growth owing to rising independent dental clinic chains and dental tourism.

Key Findings

• The Kingdom of Thailand wants to stimulate its economy by becoming an international hub for medical and dental treatment.
• Cosmetic dentistry and implants are the growing field in the near future. This is because cosmetic dentistry is usually expensive but travelling to a dental hub like Thailand saves a lot of cost.
• The government is also increasing insurance coverage for dental care services through their public health schemes which would further increase demand for dental services.

Rising Dental Services Market: The rising age of the population is gearing them towards better oral health practices as well as increasing their demand for dental treatments. Dental services market is anticipated to witness significant growth over the forecast period due to the increasing accessibility, rising dental tourism and government initiatives.

Rise in the number of Dentists: The number of dentists is expected to rise in the coming years owing to the new opportunities in the dental services market. The increase in the overall population and dental tourism are considered to be the factor for these developments.  The total number of Dentists in Thailand was 17,738 in 2021 growing with expected CAGR of more than 9 % over the period 2021-2026F. By 2025, the Thai population per dentist is expected to be around 2,500 people.

New Government Policies: The government provides dental coverage in its national insurance schemes for simple procedures and has introduced initiatives to expand access and awareness. The Thailand National Digital Healthcare Workforce Development Initiative (WDI) was officially launched to focus on the development of a three-year work plan to address the demand of patients for digital healthcare services in light of the Thailand 4.0 digitization journey.

Analysts at Ken Research in their latest publication “Thailand Dental Services Market Outlook to 2026F- Driven By Rising Dental Awareness, Dental Tourism, Lower Dental Services Cost and Government’s Strong Initiatives in Healthcare System” by Ken Research observed that Dental Services market is an emergent healthcare market in Thailand at a rebounding stage from the economic crisis after pandemic. The rising government policies and demand for cosmetic dentistry, dental consciousness among the population along with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 7.1% CAGR during 2021-2026F owing to increasing accessibility, rising dental tourism and government initiatives.

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Key Segments Covered in the report

Malaysia Dental Services Market

• By Type of Services
  • Endodontics
  • Orthodontics
  • Prosthodontics
  • Cosmetic Dentistry
  • Periodontics
  • Others
• By Institutions
  • Hospitals
  • Dental Clinics
• By Dental Clinics
  • Organized Clinics
  • Unorganized Clinics
• By Revenue
  • International Revenue
  • Domestic Revenue
• By Cities
  • Chonburi
  • Bangkok
  • Mueang Nonthaburi
  • Udon Thani
  • Other Cities

Key Target Audience

• Dental Clinics
• Dental Equipment Manufacturers and Distributors
• Dentists
• Hospitals
• Market Research and Consulting Firms
• Healthcare Companies
• Pharmaceutical Companies
• Tourism Agencies
• Government Bodies & Regulating Authorities

Time Period Captured in the Report:

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

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Companies Covered:

• LDC Dental Clinic
• MOS Dental Clinic
• Delta Joy
• Smile Signature
• Thantakit
• Siamdent
• BFC Dental
• Sea Smile
• Beauty Smile
• Bangkok New Smile
• Thantakit International
• Zenitoni
• Smile Dental Group Pattaya

Key Topics Covered in the Report

• Thailand Healthcare Overview
• Thailand Dental Services Market Overview
• Ecosystem, Business Cycle and Genesis of Thailand Dental Services Market
• Thailand Dental Services Market Size by Revenue, 2018-2021
• Thailand Dental Services Market Segmentation (By Type of Services, By End Users, By Dental Clinics, By Revenue Division, By Cities), 2021
• End User Analysis of Thailand Dental Services Market
• Industry Analysis of Thailand Dental Services Market
• Key Growth Drivers in Dental Service Market in Thailand
• Trends Driving Adoption of Digital Innovation
• Major Challenges and Bottlenecks in Thailand Dental Services Market
• Regulatory Framework in Thailand Dental Services Market
• Competition Framework for Thailand Dental Services Market
• Market Share of Major Dental Services Providers in Thailand Dental Services Market
• Cost Sheet of Major treatments and Price List of major Players
• Impact of Covid-19 on Thailand Dental Care Market
• Future Outlook and Projections of the Industry, 2026F
• Market Opportunities and Analyst Recommendations

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

Thailand Dental Services Market

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Saudi Arabia Dental Care Market

Singapore Medical and Dental Clinics Market Outlook to 2022

UAE Health Tech Market Outlook to 2026

Investment, Introduction of EVs and infrastructure projects under Vision 2030 are driving KSA Car Rental and Leasing Market

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1. KSA car rental and leasing market generated revenue of SAR ~15 Bn in 2022 and grew at a CAGR of only ~3% over 2017-2022 due to Covid-19 and sluggish economy.

Slow growth in the market during 2016-2017 can be attributed to sluggish economic growth owing to cheap oil which led to fiscal consolidation, weakening investor and consumer sentiment. Also, shortage of liquidity and capital crunch forced companies to cut costs, with even leasing companies were reducing their lease price to be competitive and to stay in business. With introduction of COVID-19 restrictions caused a huge dip in the market demand. On the supply side this led to a large sell off of fleet by major companies.

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2. The market players were also faced with difficulties due to the increase in fuel prices, booking and pricing management, rising marketing costs, and fierce competition.

KSA experienced the largest increase in gasoline/fuel prices, with prices for octane 91 and 95 standing at SAR 2.2 and SAR 2.3 per litre, respectively. As a result, maintaining and monitoring booking data can be difficult, especially when there are price changes or special offers. In the meantime, the introduction of ride-hailing programs and the increasing popularity of online reservations may further split the industry, increasing competition. As the need for digitization has grown over time, so have the marketing expenses associated with creating and maintaining websites and mobile applications. Because of their low consumer conversion rates, new players struggle. For market players, the risk of stealing data, user, and payment information, as well as other things, is a significant concern, particularly for those without an internet presence.

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3. The market will be driven in the future by the growth of tourism, infrastructure developments under Vision 2030, and economic diversification in non-oil sectors.

Growing tourism in the kingdom's western region, supported by new hospitality and tourism initiatives like red sea development and the introduction of e-visas for visitors from 49 countries for reasons other than religious and medical tourism will give a boost to KSA Car Rental and Leasing Market. Apart from this Vision 2030 is also encouraging new commercial entities to set up in the country which has increased demand for fleet management, leasing and last mile delivery during the recent period.

Technology isn’t just evolving the way people rent cars, it is completely transforming the experience, with rental vehicle’s operation, performance, and maintenance being made available in real time. Such features are tremendous assets for drivers and fleet managers, enabling them to more efficiently identify risks and implement timely improvements of their rental services. Car Rental and Leasing Companies are increasingly moving towards digitization to improve operational profits as well as customer experience. Online car rental booking services in the form of mobile applications and websites has been gaining popularity in KSA, which has enhanced user experience by making the process quicker and more convenient by showing the customer the range of cars at a one stop shop.

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

KSA Car Rental and Leasing Market Outlook to 2027F: Ken Research

Thailand Used Smartphone Market is in the Growing Stage, Driven by Increasing Smartphone Penetration Along with Digital Transformation and Reduction in Electronic Waste: Ken Research

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Growing popularity of online marketplaces for the sale of used smartphones has substantially increased in Thailand. Easy EMI options, cash on a delivery, a wide variety of options, free home delivery, and other features offered have elevated the penetration of e-commerce platforms.

Covid Led Growth: There was a positive influence of Covid-19 in this market due to the shift from in-office work to work-from-home and online classes which influenced the purchase of used smartphones. During Covid-19, there was a fall in the income of consumers and therefore they were more inclined towards used smartphones.

Rising Government Support: Government policies including the promotion of the digital economy, the development of smart cities, and the allocation of 5G frequencies ensure that mobile telecoms infrastructure extends across Thailand, helping to stimulate stronger demand from consumers in new parts of the country.

Affordable Prices for Low to Mid-Income People: Used smartphones are cheaper than new smartphones and some people have a tendency of changing their smartphones frequently thus buying a used smartphone becomes feasible for them and this purchase pattern boosts the market. The high proportion of low to mid-income group, who cannot afford new smartphone, buy theses used phones.

Changing Technology for Smartphones and Gadgets: Scope for refurbished phones in Thailand has grown multifold. With the launch of new smartphone models, rapidly changing technology and gadgets becoming outdated than usual has given opportunity to this market.

Analysts at Ken Research in their latest publication- “Thailand Used Smartphone Market Outlook to 2027F- Driven by increasing smartphone penetration, reduction in electronic waste and adoption of 5G network” by Ken Research provides a comprehensive analysis of the potential of the used smartphones market in Thailand. Reduction in electronic waste and increasing prices of raw materials of a new smartphone are expected to contribute to the market growth over the forecast period. Thailand used smartphones market is expected to grow at a robust CAGR over the forecasted period 2022P-2027F.

Key Segments Covered:-

Segmentation by Type of Distribution Channel

Organised

Unorganised

Segmentation by Type of Marketing Channel

Offline dealers

Online marketplace

Classifieds

Segmentation by Source of Lead Generation:

Dealership walk-in

Online

Segmentation by Type of Sales

B2C

C2C

Segmentation by Type Battery Capacity

<3000mAh

3000mAh-5000mAh

>5000mAh

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Segmentation by Age of Smartphone

0-12 months

12-24 months

24-36 months

36+ months

Segmentation by Sourcing Medium

Retail Customers

Business

OEM’s

Telephone Operators

Segmentation by Type of Network

2G

3G

4G

5G

Segmentation by Screen Size

<4.5 inch

4.5-5.5 inch

>5.5 inch

Segmentation by Operating System

<4.5 inch

Android

IOS

Others

Segmentation by Price of Used Smartphone

Upper-end smartphones

Low-end smartphones

Mid-range smartphones

Low-end smartphones

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Key Target Audience

Smartphones companies

Government Bodies and Regulatory Authority

Investors and Financiers

Smartphones Service Providers

Thailand Cell Phones Industries

Venture Capitalist

Smartphones Manufacturers

Existing Cell Phone Companies

New Market Entrants

Time Period Captured in the Report:-

Historical Period: 2017-2022P

Base Year: 2022P

Forecast Period: 2022P–2027F

Companies Covered:-

Online Players -

Compasia

Swopmart

Ebay

TG fone

Shopee

Lazada

Allo allo

Omni Channel Players -

Oppo

Istore

Samsung

Classified Platforms -

Locanto

Big go

Tarad.com

Baht sold

Payment Gateways/Partners -

Paypal

Ipay88

Siampay

omise

E-Commerce platforms –

Kaidee

Alibaba.com

Key Topics Covered in the Report                         

Executive Summary

Ecosystem of Used Smartphones Industry

Business Lifecycle and Value Chain Analysis of Used Smartphones Industry

Business Models of Major Entities in the Used Smartphones Industry

Ratio of Used and New Smartphones in Thailand

Customer Preferences and Buying Decision Behaviour in Used Smartphone Industry

Market Size of New Smartphones Industry by Transaction Value and Sales Volume

Introduction on Thailand Used Smartphones Market

Market Size of Used Smartphones Industry by Transaction Value and Sales Volume

Market Segmentation of Used Smartphone Industry by distribution channel, type of marketing channels, source of lead generation, sourcing medium, sales, brand of smartphones, prices of used smartphones, age of used smartphones, across geographies, type of network, battery capacity, operating system, screen size

Process of Quality Checks and Documentation Requirements Undertaken by Used Smartphone Entities in Thailand

Competitive Scenario of the Online Used Smartphone Industry

Issues and Challenges in Online Used Smartphone Market

Trends and Developments in the Used Smartphone Industry

SWOT Analysis of the Used Smartphone Industry

Porter’s Five Forces analysis of the Used Smartphone Industry

Growth Drivers of Used Smartphone Industry

Challenges and Restraints in the Used Smartphone Industry

Government Rules and Regulations in the Used Smartphone Industry

Impact of Covid-19 and Government Regulations on Used Smartphone Industry

Future Market Size of Used Smartphones Industry by Transaction Value and Sales

Future Market Size of Online Used Smartphones Industry by Transaction Value

Future Market Segmentation of Used Smartphone Industry by distribution channel, type of marketing channels, source of lead generation, sourcing medium, sales, brand of smartphones, prices of used smartphones, age of used smartphones, across geographies, type of network, battery capacity, operating system, screen size

Industry Speaks

Analyst Recommendations

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

Thailand Used Smartphone Market

Related Reports by Ken Research:-

Indonesia Used Smartphone Market Outlook to 2026

Malaysia Used Smartphone Market Outlook to 2026F