Wednesday, April 26, 2023

Global Adult Incontinence Product Market expected to record a CAGR of ~7% during the forecast period (2017-2028): Ken Research

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What Is The Size Of Global Adult Incontinence Product Industry?

Global Adult Incontinence Product market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 15 Bn by 2028.

The Adult Incontinence Product Market is largely driven by the growing diseases like diabetes, urinary, surgery, prostate.

Urinary incontinence (UI) is one of the major driving factors of the adult incontinence products market. UI is the accidental loss of urine. UI condition can occur at any age.  Urgency incontinence, stress incontinence, functional incontinence, and overflow incontinence are a few types of UI. According to National Association for Continence, over 25 million adult Americans experience temporary or chronic urinary incontinence. UI can be a temporary condition that results from an underlying medical condition.

COVID-19 has helped in the growth of the adult incontinence products market. Since the start of the pandemic, awareness regarding health and medical condition is surging, which helped the adult incontinence products market to accelerate. As the pandemic is slowing down, it is estimated that the adult incontinence products market remains significant in the forecasted period, owing to the growing urine, and bladder-related cases worldwide.

Low awareness and social stigma about the usage of incontinence products, are likely to restrain the market growth.  Furthermore, adult diapers can cause rashes, allergies, and infections, which can reduce their usage.

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Global Adult Incontinence Product Market By Product Type

The Global Adult Incontinence Product market is segmented by Product type into Adult Diapers, Pads, Pants and Others.

Diapers segment held the largest market share of the global adult incontinence products market in 2022, owing to its extensive usage in urine conditions.

Rising prevalence of incontinence and the surging geriatric population worldwide, are likely to fuel the demand for diapers in the forecasted period.

According to World Health Organization, by 2050, the number of people aged 65 or more is forecasted to increase by 1.5 billion, equivalent to 16% of the world’s population. The increasing elderly population is likely to benefit the diaper segment.

Global Adult Incontinence Product Market By End-User

The Global Adult Incontinence Product market is segmented by End-User into Men and Women.

Women segment accounted for the largest market share in 2022, owing to the higher number of healthcare conditions.

Most common forms of incontinence in women are stress and urge. According to Lifree, a leading adult incontinence product manufacturer, ~58% of females suffer from the problem of stress incontinence.

As per the National Library of Medicine, it is estimated that the number of women in the United States with urinary incontinence will rise from 18.3 million in 2010 to 28.4 million in 2050.

Global Adult Incontinence Product Market By Distribution Channel

The Global Adult Incontinence Product market is segmented by Distribution Channel into Supermarket, Online Store, Pharmacy & Drug Stores and Others.

The pharmacy & drug store segment held the largest market in 2022, owing to growing sales and customer retail network.

Pharmacy store is a shop or hospital dispensary where medical drugs are prepared or sold. The store provides prescription drugs, along with other products.

Increasing healthcare infrastructure, is likely to increase the number of newer pharmacies & drug stores worldwide, which will further increase the demand for adult incontinence products.

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Key Topics Covered in the Report

  • Snapshot of the Global Adult Incontinence Products Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Adult Incontinence Products Market
  • Historic Growth of the Overall Global Adult Incontinence Products Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Adult Incontinence Products Industry
  • Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
  • COVID-19 Impact on the Overall Global Adult Incontinence Products Market
  • Future Market Forecast and Growth Rates of the Total Global Adult Incontinence Products Market and by Segments
  • Market Size of Type / End-Users Segments with Historical CAGR and Future Forecasts
  • Analysis of the Global Adult Incontinence Products Market
  • Major Production/Supply and Consumption/Demand Hubs in Each Major Region
  • Major Continent-wise Historic and Future Market Growth Rates of the Total Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Major Continent

Major Players Mentioned in the Report

  • Kimberly-Clark
  • First Quality Enterprises, Inc.
  • Medline Industries
  • Ontex BV
  • Unicharm Corporation
  • Hengan International Group Company Ltd.
  • NorthShore Care Supply
  • DSG International
  • Attends Healthcare Products, Inc.
  • Drylock Technologies

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Notable Emerging Companies Mentioned in the Report

  • Fujian Hanhe Sanitary Products Co., Ltd.
  • Vivia International Private Limited
  • Quanzhou Jiayue Sanitary Articles Co., Ltd
  • Quanzhou Xili Hygiene Materials Co., Ltd
  • Bellibox

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

  • Adult Incontinence Products Manufacturing Companies
  • Adult Incontinence Products Sales Channels  
  • Adult Incontinence Products Material Suppliers
  • Potential Investors in Adult Incontinence Products Companies
  • Adult Diapers Manufacturers
  • Adult Diapers Suppliers
  • Raw Material Suppliers for Incontinence Products
  • Consulting Companies in the Personal Healthcare Market
  • Government And Research Organizations Working in the Personal Healthcare Industries
  • Investment Banks Targeting the Personal Healthcare Industry
  • Government Ministries and Departments of Healthcare

Time Period Captured in the Report

  • Historical Period: 2017-2021
  • Forecast Period: 2022-2028F

For More Insights On Market Intelligence, Refer To The Link Below: –

Global Adult Incontinence Products Market

Global Canned Wine market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 700 Mn by 2028 – Ken Research

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What Is The Size Of Global Canned Wine Industry?

The Canned Wine Market is largely driven by the rising popularity of outdoor leisure activities, such as overnight camping, recreational vehicle (RV) camping, hunting, and trekking building and construction industries.

The growing consumer inclination toward ready-to-drink products, owing to their hectic work schedules, and busy lifestyles is likely to boost the demand for canned wines.

The meteoric rise of greenhouse gas emissions from the production of aluminum cans may impede the growth of the canned wine market.

The ongoing COVID-19 pandemic has resulted in an unprecedented drop in the global wine trade in 2020, due to the lockdowns imposed by several governments across countries, which have halted wine production. Furthermore, extensive closures of restaurants and bars, as well as the restrictions on socializing have lowered the sales of canned wine.

competitive-landscape-of-global-canned-wine-market

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Global Canned Wine Market By Type

The Global Canned Wine market is segmented by Type into Sparkling Wine, Fortified Wine, Still Wine and Others.

The Sparkling Wine segment held the largest share of the Global Canned Wine Market in 2022, owing to the rapid socioeconomic changes and fast-paced urbanization, along with the continuous rise in living standards across countries are propelling the demand for sparkling wines.

In May 2020, according to Forbes, a USA-based media company, sparkling wine production has increased by 57% since 2002, with 2.5 billion sparkling wine bottles produced in 2019. Furthermore, sparkling wine is exported significantly more than other wines. Sparkling wine accounts for 19% of Italian wine exports, 14% of French wine exports, and 9% of Spanish wine exports.

Global Canned Wine Market By Color

The Global Canned Wine market is segmented by Color into Red, Rose and White. The Red segment held the largest share of the Global Canned Wine Market in 2022, owing to its higher levels of vitamins and minerals, which helps in boosting the immune system.

Red wine is typically cultured with grape skins and seeds, and it is high in phytonutrients that provide numerous health benefits, such as lowering the risk of heart disease, increasing good High-Density Lipoprotein (HDL) cholesterol, easing joint pain, increasing insulin sensitivity, lowering the risk of osteoarthritis, and more.

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Global Canned Wine Market by distribution channel

The Global Canned Wine market is segmented by Distribution Channel into Supermarket/Hypermarket, Specialty Stores, On Trade and Others.

The Supermarket/Hypermarket segment held the largest market share of the Global Canned Wine Market in 2022.

The growth is mainly attributed to the availability of a variety of products at lower prices as compared to bars, restaurants, nightclubs, hotels, and other on-trade channels.

The modernization of retail stores across countries, notably in emerging countries, is increasing revenue generation through off-trade sales channels, such as supermarkets/hypermarkets.

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

Canned Canned Wine Market

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Global 3D Bioprinting Market expected to record a CAGR of ~15% during the forecast period (2017-2028): Ken Research

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What Is The Size Of Global 3d Bioprinting Industry?

Global 3D Bioprinting market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 5 Bn by 2028.

The 3D Bioprinting Market is largely driven by rapidly utilizing 3D bioprinting goods and technology in process of finding and developing new drugs.

Due to uncontrollable processing parameters and different materials, the additive manufacturing method's accuracy varies between machines. A few monitoring techniques are available to assist producers in fulfilling their unique requirements by correcting these modifications. It has been challenging to create intricate and precise mathematical models using additive manufacturing, which acts as a major challenge for the market.

The market was positively impacted by the COVID-19 pandemic as various 3D Bioprinting communities are responding to the worldwide crises by offering their respective skills to ease the burden on the supply chain and governments. As the cases of COVID-19 are increasing day by day, there has been a shortage of materials for medical professionals as well as for the general public.

One of the biggest issues is the lack of availability of test kits for COVID-19. Hence, various 3D bioprinting companies are manufacturing 3D printers and related software on a large scale.

Global 3D Bioprinting Industry

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Global 3d Bioprinting Market By Component

The Global 3D Bioprinting market is segmented by Component into 3D Bioprinters and Bioinks.

The 3D bioprinters segment held the largest market share in the global 3D bioprinting market in 2022, owing to the growing demand for 3D bioprinting due to the widespread use of pharmaceutical pills to treat a variety of chronic conditions.

Bioprinting is a form of additive manufacturing that uses biomaterials instead of traditional metals and plastics to create 3D tissues.

3D bioprinters use three-dimensional technology in combination with biocompatible materials to replicate body parts. It is used for bioprinting of tissue, bone, organs, blood vessels tissue, and biomedical parts.

Global 3d Bioprinting Market By Material

The Global 3D Bioprinting market is segmented by Material into Living Cells, Hydrogels, Extracellular Matrices and Others.

The living cells segment held the largest market share in the global 3D bioprinting market in 2022, owing to rising demand from the pharmaceutical industry.

Using living cells as bio-inks, the inkjet technology allows for the printing of complex organs and tissues on culture substrates.

Living tissues and organs can be printed in three dimensions by layering living cells.

 There is growing usage of living cells in regenerative medicine and stem cell research.

Global 3d Bioprinting Market By Application

The Global 3D Bioprinting market is segmented by Application into Research Application and Clinical Application.

The clinical application segment held the largest market share in the global 3D bioprinting market in 2022, owing to utilization of bioprinting technology in clinical trials of various diseases.

Bioprinting saves time in clinical trials and, thus, is being increasingly used for drug discovery. Biopharmaceutical companies are collaborating with market players to test their drugs.

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Key Topics Covered in the Report

  • Snapshot of Global 3D Bioprinting Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global 3D Bioprinting Market
  • Historic Growth of Overall Global 3D Bioprinting Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of Global 3D Bioprinting Industry
  • Overview, Product Offerings, Strengths, & Weaknesses of Key Competitors
  • Covid-19 Impact on the Overall Global 3D Bioprinting Market
  • Future Market Forecast and Growth Rates of the Global 3D Bioprinting Market and Segments
  • Analysis of Global 3D Bioprinting Market
  • Major Production/Supply and Consumption/Demand Hubs within Each Region
  • Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Region

Notable Key Players Mentioned in the Report

  • Organovo Holdings, Inc.
  • Inventia Life Science
  • Poietis
  • VIVAX BIO, LLC
  • CYFUSE BIOMEDICAL K.K.
  • 3D Bioprinting Solutions
  • CELLINK 
  • BICO - THE BIO CONVERGENCE COMPANY
  • CollPlant Biotechnologies Ltd.
  • Aspect Biosystems Ltd.

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Notable Emerging Companies Mentioned in the Report

  • Organovo
  • Prellis Biologics
  • Pandorum Technologies
  • Regenovo Biotechnology

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

  • 3D Bioprinting Manufacturers
  • 3D Bioprinting Suppliers
  • 3D Bioprinters Manufacturers
  • Bioinks Manufacturers
  • Living Cells Suppliers
  • Hydrogels Suppliers
  • Extracellular Matrices Suppliers
  • 3D Bioprinting Distributors
  • Emerging and Startup Companies in 3D Bioprinting
  • Different Types of 3D Bioprinting Manufacturing Hubs
  • Government Departments of Healthcare
  • Government Departments of Pharmaceuticals
  • Ministries and Departments of Bio-based Materials
  • Importers and Distributors of 3D Bioprinting

Period Captured in the Report

  • Historical Period: 2017-2021
  • Forecast Period: 2022E-2028F

For More Insights On Market Intelligence, Refer To The Link Below: –

Global 3D Bioprinting Market

Global Canned Seafood market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 50 Bn by 2028 – Ken Research

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What Is The Size Of Global Canned Seafood Industry?

The Canned Seafood Market is largely driven by rising health awareness among people, increasing demand for processed and convenient, and advancements in manufacturing technology.

Consumer demand for secure, nutrient-balanced, and convenient food products has grown during the past few years. These changes are causing the demand for fishery products to rise, which has an impact on global fisheries resources and jeopardizes the stocks of many fish species. Byproducts of fish businesses or fish species with low commercial value that are technologically improved and turned into goods with great nutritional potential would simultaneously help to meet current consumer preferences and promote more sustainable management of marine resources. This is in turn boosting the Canned Seafood Market.

During the COVID-19 pandemic, demand for canned fish soared, especially due to the rising trend of in-house cooking. Canned food was favored by consumers who chose to work from home or stay at home since it is quick and simple to prepare. Additionally, because restaurants curtailed service to prevent an increase in coronavirus infections, more people cooked at home and consumed more canned seafood.

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Global Canned Seafood Market By Product

The Global Canned Seafood market is segmented by Product into Tuna, Salmon, Sardines, Prawns, Shrimps and Other Seafood. The tuna product segment held the largest market share in the Global Canned Seafood Market in 2022.

Tuna being a good source of lean proteins is being increasingly demanded in various parts of the world. Omega-3 fatty acids found in fish, help to boost one's health. It strengthens the immune system, lowers blood pressure, eases depression, helps people lose weight, and prevents cancer.

Global Canned Seafood Market By Distribution Channel

The Global Canned Seafood market is segmented by Distribution channel into Supermarket/Hypermarket, Convenience Store, Specialty Store and Online Retail.

The supermarket /hypermarket distribution channel segment held the largest share of the Global Canned Seafood Market in 2022.

Due to the availability of a broad variety of products and the convenience of making purchases through these types of sales channels, the segment of supermarkets and hypermarkets is anticipated to grow strongly. In these establishments, specific aisles are designated for various products, giving customers a wide range of choices. These mass merchandisers' new discounts and promotions are also anticipated to improve their sales results.

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Global Canned Seafood Market By End-User

The Global Canned Seafood market is segmented by End-user into Household and Commercial. The household end-user segment held the largest share of the Global Canned Seafood Market in 2022.

The increased consumption of seafood by the household population owing to its high health benefits as well as the convenience of consumption due to its ready-to-eat factor is anticipated to propel the market growth.

The survey conducted by the Associated Chamber of Commerce and Industry of India (Assocham) revealed that about 79% of households prefer instant food due to a steep increase in incomes and changing standards of living and convenience. This has benefited the Global Canned Seafood Market.

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Global Canned Seafood Market

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India MBO Two Wheelers Market Outlook to 2027: Ken Research

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Focus on First-time buyers in rural and semi urban areas and Sub-urbanization are Major Factor Contributing towards development of MBO Two Wheelers Market in India

World’s largest producer of two-wheelers: India is the world’s largest producer of two-wheelers as of FY’22. Since then, various Indian as well as foreign brands have entered the market and established its presence. As of FY’22 there were around ~20-25 two-wheeler brands operating in the industry. Followed by the popularity of two-wheeler vehicles especially scooters among India consumers due to its ease of mobility and lower price compared to four wheelers, the market was opened to foreign competition.

India MBO Two Wheelers Market Outlook

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Covid-19 impacted the Market: Two-wheeler sales faced a setback in FY 2020 - 21 due to the global COVID-19 pandemic. However, the 2W sales via MBO has been greatly indirectly affected by the price increase, rising fuel prices and unseasonal rains leading to poor crop realizations have hit the rural population. Sales penetration has directly affected the overall market value, however, increase in the luxury 2W sales is expected to give a boost to the market size of the 2Ws in India. Market has shown an unstable growth owing to the COVID economic downfall and its slow recovery.

Next emerging mega trend: Servicing of any brand at one place is preferred by end users with on time delivery and better awareness about the customer choices and preferences. By only maintaining inventory for hot sellers will also help the market to go in right direction. Introduction of EV products in the portfolio, Pilot projects of the foreign brands, Industry knowledge from the existing market scenario and Low impact by the sales drop of a particular brand are some Industry associated growth drivers which will drive the market.

Flexible Loan Facilities: 2W is most popular with the customers with the monthly income of INR 25,000-35,000. This loan tenure is often non burdening during the repayments and often have suitable interest rates.

Analysts at Ken Research in their latest publication “India Two Wheelers MBO Market Outlook to 2027F- Driven by economic recovery after COVID and increasing demand for 2Ws is helping the MBOs players to sustain their market position in the high fragmented market structure” by Ken Research observed that 2W MBO market is an emergent vehicle market in India at a rebounding stage from the economic crisis after pandemic but has shown growth after covid. The rising government policies and increase in financing options is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 10.1% CAGR during 2023-2027F.

Key Segments Covered in the report

India 2W MBO Market

By Type of Vehicle (By Basis of Volume) FY’2022 and FY’2027F

  • Motorcycle
  • Scooter

By Type of Bike (By Basis of Volume) FY’2022 and FY’2027F

  • Commuter
  • Sports
  • Scooter

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By Region (By Basis of Volume) FY’2022 and FY’2027F

  • North
  • South
  • East
  • West

By Brand (By Basis of Volume) FY’2022 and FY’2027F

  • Honda
  • TVS Motor Company
  • Bajaj
  • Hero MotoCorp

By Engine Capacity (By Basis of Volume) FY’2022 and FY’2027F

  • 100-110CC
  • 125CC-135CC
  • 150CC-200CC
  • others

By 2W Specification (By Basis of Volume) FY’2022 and FY’2027F

  • ICE 2W
  • EV 2W

By Financing & Non-Financing (By Basis of Volume) FY’2022 and FY’2027F

  • Financing
  • Non-Financing

By Gender

  • Male
  • Female

Key Target Audience:

  • Two-Wheeler OEM’s
  • Two-Wheeler Dealers
  • Online Portals (Aggregators/Marketplace Platform)
  • Online Classified Platforms
  • E-Commerce & Hyperlocal Companies
  • Private Equity Investors
  • 2W Manufacturers

Time Period Captured in the Report:

  • Historical Period: 2016-2022P
  • Base Period: 2022P
  • Forecast Period: 2023F-2027F

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Companies Covered:

OEMs

  • Suzuki
  • Yamaha
  • Honda
  • Bajaj Auto
  • TVS
  • Hero
  • Mahindra
  • Kawasaki
  • Ather

MBOs

  • M2GO
  • Bhumi Motors
  • FG Motors
  • Suzuki
  • Auto EV Mart
  • Bike Wo
  • Alka Auto
  • City Motors

Key Topics Covered in the Report

  • India 2W MBO Market Introduction
  • India 2W MBO Market Size, 2017-2022
  • India 2W MBO Market Segmentation, 2022
  • Growth Driver and Issues in India 2W MBO Market
  • SWOT Analysis and Trends in India 2W MBO Market
  • Company Profiles of Major Players
  • Future Outlook to India 2W MBO Market
  • Analyst Recommendations

For More Insights On Market Intelligence, Refer To The Link Below: –

India Two Wheelers MBO Market

Related Report by Ken Research: –

India Two-Wheeler Aftermarket Services Industry Outlook to 2027

Two-Wheeler Market in India - 2022 Edition

India Electric Three-Wheeler Market Outlook to 2025

Tuesday, April 25, 2023

Global Biosurfactants market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 8 Bn by 2028 – Ken Research

What is the Size Of Global Biosurfactants Industry?

The Biosurfactants Market is largely driven by growing need for cleaning agents and sanitation products.

 Biosurfactants are produced using environmentally friendly, renewable resources. Additionally, biosurfactants can be made from a variety of substances and work excellently in most circumstances. As it is biodegradable by nature, biosurfactants lessen the chances of contaminating soil or subterranean water while being stored, transported, or used. These advantages have led to a rise in the demand for biosurfactants during the past few years and are expected to lead to a higher growth rate in the coming years.

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Furthermore, since the start of COVID-19, the consumption of biosurfactant products like disinfectants and hand sanitizers were being in heavy demand. In a way that targets many of the pandemic's most significant pathways for resolution, these biosurfactants have indirectly shown to be effective remedies. Apart from that, there has been a huge increase in demand from manufacturers for cleaning products, as a result, these surfactants are harmless and efficient cleaners.

Global Biosurfactants Market By Product

The Global Biosurfactants market is segmented by Product into Rhamnolipids, Methyl Ethyl Sulfonates, Alkyl Polyglucosides, Sorbitan Esters, Sucrose Esters and Others.

The methyl ethyl sulfonates (MES) segment held the largest share in the Global Biosurfactants Market in 2022.

Methyl ester sulfonate, often known as MES, is made from natural fats and oils and has great detergency, biodegradability, and better resistance to calcium hardness. It has minimal harmful effects and is environmentally friendly. Due to its high absorbency, superior detergent qualities, solubilization, and dispersibility, it is less expensive than comparable goods.

Global Biosurfactants Market by application

The Global Biosurfactants market is segmented by Application into Household Detergents, Industrial Cleaners, Personal Care, Food Processing, Oilfield Chemicals and Others.

The household detergents application segment held the largest market share in the global Biosurfactants market in 2022.

Biosurfactants are being increasingly demanded due to their decreased toxicity, as environmental concerns about synthetic detergent surfactants grow. Additionally, Biosurfactants have better foaming qualities than synthetic surfactants, which makes them the preferred choice for usage in detergents. Furthermore, the biosurfactant market in the cosmetic and personal care industries is projected to expand as a result of the rising demand for personal care products around the world.

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Global Biosurfactants Market By Geography

The Global Biosurfactants market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

Europe accounted for the largest market share in 2021 within the total Global Biosurfactants Market in 2022.

The market for Biosurfactants in the region is rising significantly as a result of the presence of the major consuming nations, including Germany, the UK, France, and Italy.

The population of Germany has grown throughout time since 2017, and there is a high level of knowledge regarding personal cleanliness. As a result, soap and detergent use has increased. Over the projected period, this is expected to lead to an increase in the use of surfactants.

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

Global Biosurfactants Market

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KSA Cold Chain Market Outlook to 2027F: Ken Research

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Rising domestic consumption of meat, increasing seafood exports, rising retail spending, growth of dairy industry, and increasing pharmaceutical imports led to the growth of the Cold Chain Market in KSA.

KSA Cold Chain Market Overview: The Cold Chain Market in KSA is currently at the growth stage and is highly fragmented and is home to 100+ cold transportation & storage players. The market has been driven by rising domestic consumption of meat, increasing seafood exports, rising retail spending, growth of dairy industry, changing lifestyle and societal norms, increasing pharmaceutical imports, rising hygiene and safety concerns and infrastructure development. The KSA Cold Chain Market took a leap from a growth rate of 10.5% in 2018 to a growth rate of 11.5% in 2022P due to the growing consumption needs of the people. Due to the increase in demand for perishables, the cold chain market in KSA has significantly grown.

KSA Cold Chain Market - infographic

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Government Initiatives: As part of its Vision 2030 strategy, the KSA government wants to transform the country's ports into modern seaports and turn the country into a global logistics hub. The KSA government is investing heavily in the vast development of the nation's transportation networks in order to increase freight income over the long term. This is being driven by economic growth, rising population, and rapid urbanization. By 2024, an additional 10,000 km of rail line will be added, and multimodal hubs will be built to meet the demand for road-rail and sea-air connectivity.

Challenges Faced by KSA Cold Chain Market: The Cold Chain Industry in Saudi Arabia faces challenges due to the concentration of cold chain facilities in the cities such as Riyadh, Jeddah and Dammam. All the products are transported to different regions in the country from the cold storage warehouses located in these cities which act as distribution centers. This causes delays in the process as it increases the time for cold transport. Cooler and freezer doors that are damaged are one of the most common problems cold storage facilities face. Due to extreme weather conditions, moving cold chain commodities within KSA always bears a higher risk. Transportation in KSA is exposed to very high freight cost in comparison to other SEA countries which is even higher for Cold transportation.

Development in the Cold Storage Industry in KSA: Many cold chain operators are expected to expand their operations and establish many new cold storage warehouses to cater to the large and rising demand for refrigerated storage, providing a significant boost to KSA cold storage industry. The Cold Storage Industry in KSA is experiencing a new wave of technological development which is essential for end users of cold storage services and for the organic growth of cold storage companies.

Analysts at Ken Research in their latest publication KSA Cold Chain Market Outlook to 2027F- Driven By Increase in Retail Spending, Government Initiatives and Infrastructural Development” by Ken Research observed that KSA Cold Chain Market is in the growing phase. Rising domestic consumption of meat, increasing seafood exports, rising retail spending and infrastructure development are some of the factors that will contribute to the KSA Cold Chain Market growth over the period of 2022P-2027F. It is expected that KSA Cold Chain Market will grow at a CAGR of 15.1% for the above forecasted period.

Key Segments Covered

KSA Cold Chain Market:

By Cold Storage and Cold Transport

By Ownership

  • Owned
  • 3PL Cold Chain Facilities

By End Users

  • Meat and Seafood
  • Vaccination and Pharmaceuticals
  • Frozen Foods and Others
  • Dairy Products
  • Bakery
  • Fruits and Vegetables

KSA Cold Storage Market:

By Automation

  • Automated Pallets
  • Non-Automated Pallets

By Temperature Range

  • Ambient
  • Frozen
  • Chillers

By End User

  • Meat and Seafood
  • Vaccines & Pharmaceuticals
  • Frozen Foods and Others
  • Bakery
  • Dairy Products
  • Fruits and Vegetables

By Region

  • Riyadh
  • Jeddah
  • Dammam
  • Mecca
  • Medina
  • Others

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KSA Cold Transport Market:

By Type of Reefer Truck

  • Reefer Vans/Trucks
  • 20 foot reefers
  • 40 foot reefers

By Mode of Transportation

  • Land
  • Sea
  • Air

By Location

  • International
  • Domestic

By Vicinity

  • Inter-city
  • Intra-city

By End Users

  • Meat & Sea Food
  • Vaccines & Pharmaceuticals
  • Dairy Products
  • Bakery
  • Frozen Foods and Others
  • Fruits & Vegetables

Key Target Audience

  • Cold Storage Companies
  • Cold Chain Companies
  • Cold Transport Companies
  • Captive Cold Storage Companies
  • Captive Cold Chain Companies
  • Logistics Companies
  • Non-captive Companies
  • Cold Chain Associations
  • Logistics Associations
  • Private Equity Firms
  • Venture Capitalists

Time Period Captured in the Report:

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

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Companies Covered:

  • Agility Logistics
  • Wared Logistics
  • NAQEL Express
  • Almajdouie Logistics
  • Mosanada Logistics
  • Agility Logistics
  • Takhzeen Logistics
  • Etmam Logistics
  • Tamer Logistics
  • United Warehouse Company
  • Himmah Logistics
  • Globus Logistics
  • Storkom Logistics
  • Four Winds
  • Flow Progressive
  • Sasat Logistics
  • Al Theyab Global Logistics
  • IFFCO Logistics
  • RTL Racktech

Key Topics Covered in the Report

  • KSA Cold Chain Market Overview
  • Ecosystem of KSA Cold Chain Market
  • KSA Cold Chain Industry Evolution
  • KSA Cold Chain Market Segmentation
  • Industry Analysis of KSA Cold Chain Market
  • Value Chain of Cold Chain Market in KSA
  • End User Analysis of KSA Cold Chain Market
  • KSA Cold Transport Market Overview
  • KSA Cold Storage Market Overview
  • Key Growth Drivers in KSA Cold Chain Market
  • SWOT Analysis of KSA Cold Chain Industry
  • Future Outlook of KSA Cold Chain Industry

For More Insights On Market Intelligence, Refer To The Link Below: –

KSA Cold Chain Market

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Portugal Cold Chain Market Outlook to 2026F

Brazil Cold Chain Market Outlook to 2027

Vietnam Cold Chain Market Outlook to 2026F

Nigeria Cold Chain Market Outlook to 2026

South Africa Cold Chain Market Outlook to 2026F

UAE Courier, Express & Parcel Market is Poised to become an AED 55 Bn industry by 2025. Will it be able to achieve it?: Ken Research

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The UAE is a major trading hub in the Middle East, and the country's CEP market is dominated by international B2B deliveries. The International CEP segment dominates the market, accounting for more than half of the total market revenue, and is expected to grow further during the forecast period. The substantial share of cross-border online shopping contributes to the expansion of the international CEP market. The country's initiatives to develop cross-border e-commerce are expected to fuel the segment's growth. Dubai Customs launched the Cross Border e-commerce platform in January 2020 in order to make the country a global hub for e-commerce and to encourage e-commerce companies to set up shop in Dubai.

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1. High number of orders are placed during Quarter Endings, Year Endings and Ramadan in UAE.

There is a high demand for express delivery services from April to August, because of the various festivals in UAE. This contributes to the fair share of revenue to the CEP market in the country. Moreover, B2C shipments witness a huge surge owing to the summer vacations and festive period. Amazon Prime Day and other sales campaign fall in this period

This increases the express delivery frequency more than the months without any offers. Moreover, it is during festive days when gifts and wishes are being sent to the loved ones, that is near Christmas, Easter, New Year etc. Another variation can be during the Black Friday & Singles Day period when Emiratis tend to shop online to get the maximum benefits.

2. UAE Trade Lanes have significant volume of Trade with Three Geographies viz., Asia, Europe and MENA region.  

UAE Courier Service Market 

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Dubai’s total foreign trade value in 2018 attained AED 1.3 trillion (US$353.9 billion). UAE Trade Lanes have significant volume of Trade with Three Geographies that are Asia, Europe and MENA region. The International CEP segment dominates accounting for more than 65% of the total market and is expected to continue the growth through the forecast period. The significant share of cross-border online shopping is also contributing to the growth of international CEP market. Moreover, the country’s initiatives towards the development of cross-border e-commerce are expected to foster the growth of the segment. In Jan 2020, Dubai Customs has launched Cross Border e-commerce platform to make the country a global hub for e-commerce and to encourage e-commerce companies to establish their businesses in Dubai.

3. There is a significant presence of international & domestic express companies owing to high volume of cross-border trade.  

UAE Courier Service Market

Domestic players have contributed through effective collaborations with global companies in order to enhance their reach to the remote areas of the country. Various international express companies have entered the market owing to well connectivity with the GCC countries, high volume of international trade, shipments from overseas family members and increase in business activities.

4. Integration of New Technology have driven the growth in UAE CEP Industry.    

UAE Courier Service Market

CEP companies have been developing new technologies and experimenting new supply chain models to increase parcel volumes and expedite deliveries. With the growing demand for on-time deliveries and increasing preference towards convenience, companies are developing solutions such as Pickup Drop-off (PUDO) points, automated parcel delivery terminals. In Nov 2019, Aramex has launched a new PUDO service called ‘Aramex Spot’ in UAE and Saudi Arabia. Moreover, warehouses are becoming automated with the aid of robotics and automation, and companies are experimenting on autonomous vehicles and drone deliveries for efficient and faster last mile deliveries. Furthermore, many tech-based start-ups are helping e-commerce companies, as well as traditional brick and mortar stores to deliver at low costs.

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UAE Courier Service Market

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Due to rising demand of contactless payments, along with shifting consumer preferences towards cashless mode of payments by advent of COVID-19 is fuelling the expansion of Credit Card Industry in India: Ken Research

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Credit Card Industry in India: The credit card industry in India is undergoing changes, with entry of players in the New-Generation cards as well as the Buy-Now-Pay-Later segment. Traditionally, the segment has been dominated by banks such as HDFC, SBI, ICICI and Axis. Newer business models such as New-Gen cards and BNPL are also making their way in India. The Indian payments industry has witnessed a dramatic shift in recent years in terms of the adoption of digitized technologies and innovations that process transactions within a matter of seconds. As we transition toward a more digital world, the role of credit cards is becoming even more important to facilitate online payments. The demand for online payments is ever growing and service providers are constantly innovating themselves to offer rewarding services to their users.

Adoption of Contactless Payments: The need for contactless payments has seen a spike, especially due to the pandemic, giving rise to increased demand for contactless payments. This in turn has led to increased issuance of credit and debit cards in the country. Moreover, the increasing demand for payments through wearables is also driving the credit card industry.

Buy Now, Pay Later: Many fintech players are now offering the buy now, pay later solutions allowing consumers to split their purchase into multiple payments. Consumers can use a BNPL card to make interest-free installment payments on any purchase. This convenience in payment method also attracts them to choose credit options for their payments over other modes of payment.

Rewarding experience: Several consumers switch to using credit cards to avail the benefits that these cards offer in terms of rewards or cashbacks. Today, rewards come as a standard on many credit cards in the form of co-branded cards, giving cardholders a reason to use them in the long-term. With exciting rewards in store for users, while making payments, customers are increasingly inclined towards using credit cards for making payments relating to their daily needs, shopping, travel, etc. This has called for increased partnerships between banks and FinTechs in order to meet the growing demands of their customers and issue cards to them that offers exceptional consumer experiences.

Fintech disruption: In the last few years, the credit space has seen some of the most popular offerings globally by neobanks. New players are entering the credit space in India and have started providing credit cards and digital lending via BNPL, EMI and other services. FinTechs are also focusing on bringing out co-branded cards with features and rewards dedicated to a segment. Banks are also exploring partnerships with FinTech players to acquire new customers to their platforms. FinTechs have opened up new avenues for the credit industry to tap into the large customer base without credit history.

The publication titled Indian Credit Card Industry Outlook to 2027: Driven by adoption of contactless payments, shifting consumer preferences towards cashless mode of payments, rising disposable income and digitalization” provides a comprehensive analysis of the credit card industry in India. The report covers various aspects including credit card industry market size on the basis of revenue, market overview, genesis of the market, India credit card industry Cycle, overview of credit card services/ Products, ecosystem of entities in the Indian credit card industry, consumption expenditure and borrowing trends, emerging business models- Loan against Credit Cards, value chain analysis of credit cards, growth drivers, restraints and challenges, major trends and developments, alternative assessment for NIP (no-income-proof) customers for credit card offerings, collection risks associated with credit card, key metrics of credit card issuers in India, government initiatives in the Indian credit card industry, Pradhan Mantri Jan Dhan Yojana (PMJDY), Pradhan Mantri Jan Dhan Awas Yojana (PMAY), collection risks associated with credit card, initiatives to promote access to data & innovation, regulatory sandbox, launch of India stack, recognising P2P lenders, increase in number of fintech start-ups, growth of digital lending, and evaluation of KYC norms. Insights on competitive landscape of credit card industry, company profile of major FinTechs players operating in the ecosystem on the basis of Company Overview, About the Company, Revenue Model, Funding and Investors, Key Features, Fee Structure, Product Offered, Strengths, Recent Developments, Key Takeaways and Financials- 2018,2019,2020 & 2021 and company profile of major Bank players operating in the ecosystem on the basis of Bank Overview, About the Company, Business Model, Product Offered, Key Features, Strengths, Recent Developments and Key Takeaways is also covered in the report. The report also covers Business Model Analysis of NewGen Cards, Business Model Analysis of BNPL Cards and Business Model Analysis of Loan EMI Cards. Further report also focuses on the Indian Credit Card Market Segmentation By Purpose of Usage, By Payment System Operator, By Type of Credit Card, By Average Ticket Size of Loan Disbursement . Indian Credit Card Market report concludes with projections for the future of the industry including forecasted industry size by revenue by 2027, and analysts’ take on the future highlighting the major opportunities.

Indian Credit Card Industry

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Key Segments Covered in Indian Credit Card Industry

Indian Credit Card Market

By Purpose of Usage

  • Shopping/ Non-ATM Purpose
  • ATM Withdrawals

By Payment System Operator

  • Regular VISA
  • Peer to Peer Mastercard
  • Rupay
  • America Express
  • Others

By Type of Credit Card

  • Personal Credit Card
  • Commercial Credit Card

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By Average Ticket Size of Loan Disbursement

  • Less than Rs. 25,000
  • Between Rs 25,000- Rs. 50,000
  • Between Rs. 50,000- Rs. 100,000
  • More than Rs. 100,000
  • Business Model Analysis of NewGen Cards
  • Business Model Analysis of BNPL Cards
  • Business Model Analysis of Loan EMI Cards

Overview of India Credit Card Industry

  • Comparison of Indian Credit Card Industry with Other Countries
  • Value Chain Analysis of Credit Cards
  • Scope for the Credit card in Semi-Urban and Rural India

Key Target Audience

  • Credit Card Issuing Banks
  • New Gen Credit Cards Players
  • Traders Loan EMI Credit Cards Players
  • Banking Institutions Payment System Operators
  • Regulatory Bodies BNPL Credit Cards Players
  • FinTechs
  • Various International Digital Lending Platforms and Players
  • New Entrants in Credit Card Space
  • Potential Credit Card Users

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Time Period Captured in the Report:

  • Historical Period: FY’2017-FY’2022
  • Forecast Period: FY’2022-FY’2027F

Indian Credit Card Industry Players/Ecosystem

Credit Card Issuing Banks

  • HDFC Bank
  • SBI
  • ICICI
  • Axis Bank
  • IDFC Bank
  • RBL
  • IndusInd Bank
  • Citibank
  • Bank of Baroda
  • Standard Chartered Bank
  • Kotak Bank
  • South Indian Bank

New Gen Credit Cards

  • Slice
  • OneCard
  • UniPay Card

Loan EMI Credit Cards

  • Bajaj Finserv
  • Tata Capital
  • HDFC EasyEMI
  • Home Credit India

Cards BNPL Credit Cards

  • Simpl
  • ZestMoney
  • LazyPay
  • CASHe
  • PostPe
  • Amazon Pay Later
  • Flipkart Pay Later
  • Ola Postpaid
  • Paytm Postpaid
  • Flexmoney
  • ICICI PayLater

Payment System Operators

  • Visa
  • Mastercard
  • American Express
  • Rupay
  • UPI

Key Topics Covered in the Report

  • Overview and Genesis of Indian Credit Card Market
  • India Credit Card Industry Cycle
  • Overview of Credit Card Services/ Products
  • Consumption Expenditure and Borrowing Trends
  • Emerging business models- Loan against Credit Cards
  • Socio-Demographic Outlook of India
  • Economic Outlook of India
  • Bank Loan Rates
  • Financing Options in India
  • Overview of India's Banking Industry
  • Digital Payment Growth v/s Cash Payment Growth
  • India Credit Card Industry Introduction
  • Comparison of Indian Credit Card Industry with Other Countries
  • Ecosystem of Entities in the Indian Credit Card Industry
  • Value Chain Analysis of Credit Cards
  • India Credit Card Market Sizing on the basis of number of credit cards outstanding, Number of Credit Cards Issued by Issuer Bank. Credit Card Transaction by Volume & Value and Annual Credit Card Spend and Monthly Transactions
  • India Credit Card Market Segmentation (By Purpose of Usage, By Payment System Operator, By Type of Credit Card, By Average Ticket Size of Loan Disbursement).
  • Business Model Analysis of NewGen Cards
  • Cross Comparison of Major Players in the NewGen Cards Segment
  • Business Model Analysis of BNPL Cards
  • Cross Comparison of Major Players in the BNPL Cards Segment
  • Business Model Analysis of Loan EMI Cards
  • Cross Comparison of Major Players in the Loan EMI Cards Segment
  • Trends and Developments
  • Growth Drivers of the Indian Credit Card Industry
  • Restraints and Challenges
  • Alternative Assessment for NIP (No-Income-Proof) Customers for Credit Card Offerings
  • Collection risks associated with credit card
  • Key Metrics of Credit Card Issuers in India
  • Government Initiatives in the Indian Credit Card Industry
  • Pradhan Mantri Jan Dhan Yojana (PMJDY)
  • Pradhan Mantri Jan Dhan Awas Yojana (PMAY)
  • Initiatives to Promote Access to Data & Innovation
  • Regulatory Sandbox
  • Launch of India Stack
  • Recognising P2P Lenders
  • Increase in number of Fintech start-ups
  • Growth of Digital Lending,
  • Credit Growth in Rural India
  • Evaluation of KYC Norms
  • Company profile of major Bank players operating in the ecosystem (Bank Overview, About the Company, Business Model, Product Offered, Key Features, Strengths, Recent Developments and Key Takeaways)
  • Company profile of major FinTechs players operating in the ecosystem (Company Overview, About the Company, Revenue Model, Funding and Investors, Key Features, Fee Structure, Product Offered, Strengths, Recent Developments, Key Takeaways and Financials)
  • Analyst Recommendations
  • Industry Speaks

For More Insights On Market Intelligence, Refer To The Link Below: –

Indian Credit Card Industry

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India Buy Now Pay Later Market Outlook to 2026

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Monday, April 24, 2023

From Pandemic to Prosperity: How KSA's On-Demand Home Service Market Crosses $1 Bn in 2022? And what’s more? : Ken Research

On-Demand Home Service Industry in KSA is expected to growth at a robust CAGR of 7.5% in next 5 years, says a report by Ken Research

1. Resilience Amidst Adversity: On-Demand Home Services in KSA Remain Least Impacted by COVID-19's Economic Fallout.

Since the first confirmed case of COVID-19 was announced in KSA on March 2, 2020, the country's economy has been significantly affected. However, the on-demand home service market has shown resilience throughout the pandemic. The Saudi authorities adopted a lockdown strategy on March 8, 2020, to contain the disease, and during the second wave observed on February 21, 2021, gatherings were restricted, and people avoided crowded areas, leading to a boost in the home services industry. Even during the Omicron-driven COVID-19 wave that hit KSA on December 1, 2021, the on-demand home service business remained unaffected. As of August 26, 2022, residents of KSA have adapted to the new normal, and the on-demand home service market continues to thrive.

KSA On-Demand Home Service Market

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2. Revolutionizing the Residential Property Market: How 'Sakani' Initiative by Saudi Ministry of Housing is Set to Boost the On-Demand Home Service Market.

With a current population of 32 million and a growth rate of over 2% annually, Saudi Arabia is facing a housing shortage that is exacerbated by the demand from expatriates, who make up about 5.5 million of the country's workforce. To address this issue, the government is encouraging developers to construct affordable housing projects, and banks are being provided with mortgage options to make it easier for Saudi youth and expatriates to afford real estate, particularly apartments. In line with this, the Saudi Ministry of Housing has unveiled plans to build approximately 19,500 homes for its citizens under the 'Sakani' housing development program. These initiatives are expected to increase home ownership rates, leading to a potential boost in the Saudi residential property market, which could have a positive impact on the on-demand home services industry.

KSA On-Demand Home Service Market

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

  • Existing Debt Collection Companies
  • Law Firms
  • Financing Companies
  • Non-Financing Companies
  • Insurance Companies
  • Debt Collection & Management software providers
  • Government Agencies
  • Finance Consultants
  • Others

Time Period Captured in the Report

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

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Companies

Service Providers

  • Com
  • Extra
  • Tamam
  • Kone
  • Albaap
  • Healthy Home
  • New Vision
  • Jawa Hr
  • Muheel

Marketplaces

  • B8ak
  • Urban Company
  • Smasco
  • Firstfix
  • Serviis
  • Maharah
  • Dari
  • Justlife
  • Fanni

For More Insights On Market Intelligence, Refer To The Link Below: –

KSA On-Demand Home Service Market

Related Report by Ken Research: –

UAE On-Demand Home Services Industry Outlook to 2026