Global Plastic Pipes Market Is Growing At A CAGR Of ~% In 2017-2022 And Is Expected To Reach USD ~ Bn By 2027 – Ken Research

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What is the Size of global plastic pipes industry?

The Global Plastic Pipes Market is largely driven by expansion of the infrastructure, government initiatives, high demand, and more awareness.

PVC pipes have gained popularity across world owing to their favorable properties such as light-weight, cost-effectiveness, easy installation and durability. Apart from this, their excellent heat and electrical insulation properties have led to their usage in electrical fittings. These pipes do no rot, wear or rust over time and can withstand rigorous shaking and extreme movement in earthquake-prone zones. Owing to these factors, PVC pipes are continuously replacing other piping materials.

Also, the primary driving factors in the market is the growing use of PVC pipes in the construction industry for applications such as water supply, housing and commercial, sewage and drainage, and irrigation. Furthermore, an increase in demand for PVC pipes in variety of applications such as chemical handling, building infrastructure, PVC molded material, as well as the good physical qualities such as durability, mechanical stability, chemical resistance, mailability of such pipes, drives rising demand for PVC pipes.

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Global Plastic Pipes Market By Market Structure

The Global Plastic Pipes market is segmented by market structure into organized and unorganized.

Organized sector has highest market share owing to better regulatory compliances. This is primarily due to larger population and availability of distributors.

Global Plastic Pipes Market By Types Of Pe Pipes

The Global Plastic Pipes Market is segmented by type of PE pipes into HDPE and MDPE.

HDPE pipes hold highest share in Global Plastic Pipes Market in 2022 owning to its extensive application in several industries such as the packaging industry, textile industry among others due to its chemical and corrosion resistance.

Global Plastic Pipes Market By Type Of Plastic Pipes

The Global Plastic Pipes market is segmented by type of plastic pipes into PVC, PE and Others. PVC pipes has more market share as compared to other types of pipes due to there more advantages.

Global Plastic Pipes Market By Type Of Pvc Pipes

The Global Plastic Pipes market is segmented by type of PVC pipes into UPVC, CPVC and PVC-O.

The most commonly used PVC pipes in the market are UPVC pipes as they are commonly used for irrigation systems and pump rooms are required there, along with they are easy to install and safer than their counterparts.

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Global Plastic Pipes Market By Domestic Sales/ Export

The Global Plastic Pipes market is segmented by domestic sales/ export into domestic sales and exports.

Domestic Sales are more as compare to exports when it comes to global level.

Global Plastic Pipes Market By Type Of End Users

The Global Plastic Pipes market is segmented by type of end-user into water and irrigation, industrial and mining, sewage, electricity and others.

Plastic pipes are most commonly used for water supply and irrigation. PVC and PE types are the most commonly used pipes for water supply and irrigation due to their characteristics such as ductility, temperature resistance and good immunity from corrosion.

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Global Plastic Pipes Market

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Two-wheeler aftermarket services industry in India expanded at a CAGR of 7.9% in between FY’17 and FY’22. Will India aftermarket services industry continue this growth trajectory?

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1.  Enhancement of online presence is gaining traction among the existing players

Trends and Developments in Two-wheeler Aftermarket Services

Online Ecosystem

COVID-19 era has witnessed businesses strengthening their digital presence in order to attract consumers as their preferences have shifted from availing services through face-to-face interaction to an online experience. Therefore, automotive aftermarket firms must enhance their digital presence in order to gain visibility among consumers as well offering end to end information's on their platform.

• The two-wheeler aftermarket service and spare parts companies are expanding their digital presence for better visibility among consumers and compete on the basis of brand integration followed by the advent of COVID-19.
• Multi-Brand players such as Hoopy and Garage Works among others have initiated the process of online booking and extending doorstep two-wheeler services to enhance customers convenience.

2. Positive Impact of Reverse Migration during Covid-19

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Due to the COVID-19 pandemic, the capital of a lot of the local garage/unorganized outlet owners were wiped off permanently due to closure of business. Many workers stopped working due to fear of infection which were around 94.7%. Many stopped working as their working site were shut down or closed due to government regulations. As a result of which various daily wage workers from local garages have migrated back to their natives thereby, reducing the accessibility of local garages in comparison to the pre-pandemic time period. This has positively impacted the scope for organized multi-brand players such as Hoopy and Garage Works looking to enter the space and expand its customer base.

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3. Rise in import duty for spare parts such as engine and transmission among others to 15%, serve as an opportunity for boosting domestic auto ancillary manufacturing industry in India

Automotive Mission Plan 2016-2026

• Automotive Mission Plan (AMP) 2016-2026 seeks to outline the trajectory of the advancement of the automotive, two-wheeler and supporting industries such as spare parts ecosystem in India.
• The rise in duty on specific items such as engine & transmission parts amongst others from 7.5-10% to 15% as proposed in the Union Budget FY’20 is expected to boost domestic manufacturing since most of the component manufacturing units are small and medium enterprises (SMEs).
• There is also a reduction in the corporate tax rate to 25% for SMEs with a turnover of less than INR 2,500 Mn annually will benefit the auto ancillary industry in India.
• The country is anticipated to be among the top three automotive industries in the world by 2026. Optimistic outlook for the growth of the automotive and two-wheeler industry contributes in enhancing the business potential for aftermarket players in the ecosystem.

Technological and Regulatory Trends are boosting the Global WMS market: Ken Research

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1. The impact of COVID on the warehouse is going to have a long and lasting effects with increased demand on product deliveries, stores were running to 3PL companies for solutions

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The market is highly impacted due to disruptions in the supply chain and production was affected by the trend of lean manufacturing strategy leaving many manufacturers with inventory shortages due to restrictions on goods' movement. The lockdowns, social distancing impacted the demand for warehouse management systems from new potential customers as they suffered losses during the pandemic and refrained from new technological investments. However, the market was forecasted to grow at a growth rate of 15.3% in the post-COVID-19 period. Furthermore, as warehouses cope with adjusting inventory counts, making space for work in process (WIP), speeding order delivery, implementing social distancing and decentralization, companies will turn to automated storage and retrieval systems to help reclaim floor space and improve the efficiencies of their workforce.

2. Distribution channels automation, expansion of e-commerce and Omni-channel, mitigation of distribution costs and transitioning towards cloud-based system are the major market drivers

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Companies worldwide are focusing on ramping up levels of automation in order to reduce costs, increase the efficiency and throughput from an existing distribution channel, and mitigate labour problems and other issues. The demand for warehousing has increased in recent years due to the rising trend of online purchasing due to convenience, cost, variety of choices, and lead time. This shift in consumers’ buying behavior has resulted in increased use of real-time warehouse management systems software solutions for efficient order picking, packaging, processing, shipment tracking, and route planning. Further, cloud computing has been one of the fastest growing technologies. The cloud systems lower the cost of IT maintenance, increases information accessibility and provides quicker deployment times for various solutions making room for better accessibility.

3. Technological trends like Automation, IoT, AI, Could computing, AR & VR and Block chain are to continue shaping future of WMS, transforming organizations that embrace these technologies

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Automated systems such as autonomous robots, conveyor belts and drones are being used to increase the speed and accuracy of warehouse operations. Internet of Things is being used in WMS to connect devices, equipment and people. IoT sensors can track and monitor inventory levels, product movement and equipment performance, which can help improve operational efficiency and reduce costs. Moreover, Augmented Reality and Virtual Reality technologies are being used to improve training and safety in warehouses. AR and VR systems can stimulate real-life scenarios and provide workers with immersive training experiences that help reduce accidents and improve overall safety. Furthermore, Block Chain technology is being explored as a means of improving supply chain technology and traceability.

4. Key challenges witnessed by the Global WMS market are expensive technologies, data security, integration with existing systems, compliance with local laws, scalability and flexibility

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Integration with existing systems can be a complex process as different systems may use different data formats, protocols and communication standards. This could lead to delays and impact overall system performance. Moreover, compliance with local regulations such as labor laws, safety regulations can be a significant challenge as regulations can differ between countries and regions, requiring warehouses to adapt their practices and procedures to comply with local laws. Further, WMS can be an expensive technology, especially during implementation and customization. WMS pricing model is split into a subscription model and a license model. The license model has a high cost up front and showcases a higher maintenance cost compared to the subscription model.

How technology is transforming the year-old education pattern in Egypt?: Ken Research

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A new method of learning, known as virtual education or e-learning, was introduced with the development of the internet. Although the internet was where this method of learning first emerged, it took a while for it to catch on. In terms of adoption and expansion, virtual education saw a significant increase with the start of the global pandemic crisis in 2020. The pandemic-caused closure of the education sector and forced the industry to rely on the digital mode, which accelerated the spread of educational technology (EdTech) around the world including Egypt.

In this segment, we have thrown light on how the pandemic paved way for technology to enter the education system of Egypt. To know how Egyptians responded to this disruption, read the complete report.

 1. Egypt is the most populated Arab Country, 102 Mn as of 2021 with an education budget of about US$ 23 Bn

2. More than 23 Mn students are enrolled in Egypt's formal education system and Greater Cairo is the primary market for private schools

3. In the 2020 Digital Inclusion Index, Egypt was ranked among the top improving countries for digital inclusion

4. COVID-19 pandemic is the major driving force behind distance education and online content consumption in Egypt

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5. As a result of rising digital inclusion, Technology is making its way into the Egypt education sector and transforming the year-old learning pattern in the country

6. At present, E-learning has become the best alternative to traditional education in Egypt owing to the ease of access and convenience

7. Here, COVID-19 acted as a Catalyst in Giving a Boost to the Adoption of E-Learning Solutions in the Country

8. Egypt's government is playing a key role in promoting technology-related education and helping the e-learning market to flourish in the nation

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Egypt E-Learning Market

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UAE Experiential Learning Market Outlook to 2025

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Increasing Demand for Temperature-Sensitive Products is acting as a catalyst for the KSA Cold Chain Industry: Ken Research

 1. KSA Cold Chain Market is currently in the growth stage as there is huge potential for the growth of the industry due to the huge gap in demand and supply for cold storage services in the country.

Click to Read Full Article: KSA Cold Chain Market

The dairy business in the nation has expanded significantly over the last few years. The country's need for cold chain facilities has been driven by the increased imports of food items such meat and related goods, fruits and vegetables, and others. The improvement of cold chain facilities is partially the result of the substantial amount of pharmaceutical supply imports into the nation.

2. The Cold Storage Market has grown over the last five years while the Cold Transport Sector saw a decline.

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In the KSA Cold Chain Market during 2022P, the cold storage segment held a larger share, reaching 62.2% in 2022P. The government's increased investments in the nation's infrastructure under Vision 2030 have been attributed to this rise in the market share of cold storage. The high market share has also been significantly impacted by the rising demand for cold storage needs, particularly from fast food restaurants for products like meat and seafood.

3. Occupancy Rate in the KSA Cold Storage Market has increased from 86.3% in 2017 to 87.7% in 2022P.

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The occupancy rate in the market for cold storage has been rising due to an undersupply of cold storage warehouses, particularly in large cities and ports where there is a surplus of demand for cold storage. Due to the perishable processed food business, the cold chain sector is a capital-intensive one that is heavily dependent on seasonality. During the peak season, cold storage needs to have streamline coordination between the producers, storage operators and market operations.

The online furniture and home decor market in India is around $17 billion in 2023, Will India continue to foster online furniture and home decor market: Ken Research

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1.  Increased Digitization has boosted Home Furnishing and Décor Market

More trends and developments in the Home Furnishing and Décor Market

• The e-retail business in India is being boosted by technology improvements, such as the availability of high-speed internet networks, like 4G, and increased adoption of smart devices.
• Customers will be able to purchase furniture more easily through internet channels, as a result of these improvements. Furthermore, the growing number of smartphone users in India, as well as online shopping, is driving the furniture manufacturers to market their products through online channels.

Digital Marketing

• Furniture industries and retailers are increasingly using social media and digital marketing for furniture products.
• Customers are now easily reached through social media to make them aware of the latest product offerings. An active presence on popular social media platforms such as Facebook, Instagram, Twitter, and YouTube can increase the customer base manifold.

2. Emergence of New Players in the online furniture and home decor market in India

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• Some of the major players in the Indian online furniture and home decor market include Pepperfry, Urban Ladder, Flipkart, Amazon, and Snapdeal. These platforms offer a wide range of furniture and home decor products, ranging from sofas and beds to curtains and wall art.
• Growing popularity of online shopping is encouraging furniture manufacturers, such as Godrej Furniture, Nilkamal, and others, to introduce and sell their products online.
• For example, Nilkamal's flagship brand @Home, a prominent offline retailer of prefabricated furniture products, has launched an online shopping facility for its exclusive selection of @Home furniture, furnishings, and home decor items. Moreover, Swedish furniture behemoth – IKEA recently entered the market.

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3. Growing Government Support

• The government has also introduced various programs to promote skill development in the furniture manufacturing sector. These programs aim to provide training and education to workers, which will help to improve the quality of the products manufactured in India.
• Export Promotion: The Indian government has also been promoting the export of furniture from India. It has introduced various export promotion schemes, such as the Merchandise Exports from India Scheme (MEIS) and the Market Access Initiative (MAI), to help Indian furniture manufacturers to increase their exports.
• As India strives to become a worldwide manufacturing hub, key legislative initiatives, such as "Make in India" and "Vocal for Local," have boosted the manufacturing sector, including furniture manufacture.
• The Government of India's Make in India project intends to raise the manufacturing sector's proportion of the country's GDP to 25% by 2025. Furthermore, in August 2019, the government approved 100% FDI in contract manufacturing via the automated route, boosting the sector's growth.

With construction, manufacturing, and sustainability, the Indonesia Plastic Pipes Market will expand further in the future: Ken Research

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1. Due to the country's increasing urbanization and industrialization, the Indonesia Plastic Pipes Market expanded at a CAGR of 5.1% between 2017 and 2022.

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Plastic pipes are less expensive to transport, handle, and manufacture than other materials like steel, the revenue of the plastic pipes market increased from 2017 to 2022. The reduced weight of plastic pipes makes them easier to handle and install than other materials. In addition, as the nation's urbanization and industrialization developed, plastic pipes saw a surge in use. Also, customers were prepared to spend money on new plumbing or piping replacement in order to guarantee a constant and uninterrupted supply of water for irrigation and residential projects resulting in an increase in the need for plastic pipes.

2. The need for plastic pipes is being driven by an increase in residential construction projects, investments in water supply systems, and regularization of sewage systems.

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The rapid population growth and high urbanization in Indonesia has led to an increase in property prices and demand, making the real estate market one of the most successful sectors in the country. It increases demand for the sewage system, water supply, and power. Also, the Indonesian government is working to make it easier to acquire clean water. The Ministry of Public Works and Housing (MoPWH), National Development and Planning, and WHO Indonesia worked together to resolve water-related concerns. In addition, Indonesia is one of the biggest producers and exporters of agricultural goods in the world, providing the rest of the globe with vital products including palm oil, natural rubber, cocoa, coffee, rice, and spices. The need for plastic pipes comes from the agricultural sector. The creation of new sewage projects is also helping in the improvement of the nation's sewage system. Indonesia will see the construction of the Jakarta Sewerage System (JSS) by the DKI Jakarta Provincial Water Resources Service in 2023.

3. High demand for high-quality products, intense rivalry and reliance on imports are just a few of the obstacles faced by the Indonesian plastic pipe market in 2022.

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Plastic pipe manufacturers must ensure that they provide the best quality products to their customers, which forces them to select the right sized pipes that can be used by the customers most of the time. High-quality plastic necessitates complex manufacturing processes at a high cost. Furthermore, with over 55 such manufacturers in the country, plastic pipe manufacturers in Indonesia face a difficult task of standing out from the competition. These pipes can deliver the best quality and that is why manufacturers need to make sure that they stay ahead of their competitors by manufacturing the best quality of products for their customers. Furthermore, Indonesia’s plastic sector still relies on imports to meet approximately 40.0% of the raw material demand. Import products may face certain challenges like delivery delays, problems with paperwork, products not handled appropriately. These challenges are typically the result of poor supply chain management.

Global Lubricants Market Is Growing At A CAGR Of ~% In 2017-2022 And Is Expected To Reach USD ~ Bn By 2027 – Ken Research

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What Is The Size Of Global Lubricants Industry?

The Global Lubricants Market is largely driven by rapid industrialization, rise in process automation in most of the industries & an increase in the number of on-road vehicles.

But, the rapid spread of coronavirus across the globe and enforced lockdown in country have had a negative impact on the global Lubricants market. The blow faced by automotive manufacturers was felt by the lubricants industry as the demand for vehicles dropped significantly during the pandemic, ultimately impacting the demand for lubricants.

After the successful recovery of businesses, manufacturers in the automotive market are marking their presence in the market, increasing the demand for lubricants. Major players operating in the automotive market are investing and expanding their services to fulfill rising demands from consumes.

Also, an ever-evolving e-commerce sector & demand for renewable energy serve as major opportunities for the market. However, volatile crude oil prices & environmental norms can possible hinder market growth.

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Global Lubricants Market by Application

The Global Lubricants market is segmented by application into Industrial & automotive market. There is a preference towards the automotive sector owing to the increased sales of consumer automobiles, such as buses, trucks, and other forms of passenger transport.

Global Lubricants Market by Type of Industrial Lubricant

The Global Lubricants market is segmented by type of lubricant into Engine Oil, Turbine Oil, Hydraulic Oil, Compressor Oil, Transformer Oil, Greases, gear oil, Metal Working Fluid, motor oil, diesel engine & others. Engine oil is projected to dominate the Global lubricants market in the upcoming years. The wide usability in transportation & industrial sector are the driving factors for engine oil. In addition to it, engine oil finds wide usability in construction vehicles in construction industry.

Global Lubricants Market by Type of Grade (Industrial Lubricant)

The Global Lubricants market is segmented by type of Grade into Mineral Oil, Synthetic Oil, Semi-Synthetic Oil. Mineral oil is projected to dominate the Global lubricants market in the upcoming years owing to its wide availability & low price. However, synthetic oil is anticipated to grow at a robust CAGR during the forecasted period.

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Global Lubricants Market by Type of Geography

The Global Lubricants market is segmented by type of Geography into Africa, Asia Pacific, Europe, Middle East, Latin America. Asia Pacific is expected to hold the largest share of the market. As per projections, the region will be a prime location for the lubricants business, owing to its growing population rate, expanding industrial investment, & infrastructure development, mostly in China, India & Indonesia.

Global Lubricants Market by Type of Grade (Automotive Lubricant)

The Global Lubricants market is segmented by type of Grade into Mineral Oil, Synthetic Oil, Semi-Synthetic Oil. Mineral oil is projected to dominate the Global lubricants market in the upcoming years owing to its wide availability & low price. However, synthetic oil is anticipated to grow at a robust CAGR during the forecasted period.

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Global Lubricants market

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Revolutionizing Healthcare in KSA: Government Investment of 160Bn and Vision 2030 Propel Health Tech Market Forward, but What Does the Future Hold?

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Health Tech Market in KSA is expected to growth at a robust CAGR of 9.3% in next 5 years, says a report by Ken Research.

1. Revolutionizing Healthcare: The Future of KSA Health Tech Market with Personalized, User-Friendly, and Well-Regulated Technology Adoption 

The Kingdom of Saudi Arabia (KSA) has a rapidly growing Health Tech market that is gaining momentum in recent years. The market is driven by various factors such as the growing population, increasing demand for quality healthcare services, government initiatives to promote health technology, and rising adoption of digital health solutions among patients and healthcare providers.

Future Market Size of KSA Health Tech Market: Click Here

2. The State of Healthcare in Saudi Arabia: Free Access to Public Health Services for All Citizens

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Saudi Arabia has a health system that delivers a comprehensive range of services through a combination of public and private providers.

The Ministry of Health: The MoH is the regulator for all healthcare related activities and services within the country.

Saudi Arabia has a mixed public and private healthcare system, both providing good quality services. Around 60% of services are publicly provided through the government’s Ministry of Health. These consist of:

• Primary health care centers (6k+ facilities)
• Hospitals (287)
• Specialist services
• Outpatient services

3. Revolutionizing Healthcare in KSA: The MOH's E-Health Strategy to Enhance Equitability, Standards, Availability, and Quality of Healthcare Services

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KSA’s e-health strategy includes the use of information and communication technology to support health and healthcare. Major predicted areas of disruption: telemedicine, smartphone apps, and wearable sensors. It also provides personal care digital tools, integrating continuity of care at all levels, ensuring optimal use of healthcare resources, achieving targeted effectiveness and information technology.

Major Players Mentioned in the Report:-

KSA Online Pharmacy Market:

Nahdi Medical Co.

Al-Dawaa Pharmacy

Boots Pharmacy

Ghaya Pharmacies Ltd.

KSA Online Health Consultation Market:

Altibbi

Vezeeta

Cura

Sanar

Nahdi

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KSA Healthcare IT Solutions Market:-

Balsam United

Cerner

Selat

Anova Health

Insta-Practo

Cloud Pital

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

KSA E-Pharmacy Companies

KSA Online Consultation Companies

KSA HealthCare IT Solutions Companies

Investors & Venture Capitalists

Time Period Captured in the Report:-

Historical Period: 2017-2022

Base Year: 2022

Forecast Period: 2022-2027

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

KSA Health Tech Market

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UAE Health Tech Market Outlook to 2026

Vietnam Health Tech Market Outlook to 2026

Philippines Health Tech Market Outlook to 2025

Global Logistics and Warehousing market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2027 – Ken Research

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What is the Size of Global Logistics And Warehousing Industry?

The Logistics and Warehousing Market is largely driven by flourishing e-commerce industry, increasing demand for express delivery, good data quality and extensive automation.

By carrying, storing, and delivering items through B2B, B2C, or C2C supply chain networks, the logistics sector supports business transactions involving two or more parties. Nowadays, logistics firms offer services for shipping cargo by land, air, and sea while adjusting to the evolving nature of economic trends and digitalization.

Warehouse and storage facilities may be able to modify the environment, such as temperature and humidity, in order to lengthen product lifespan or stop item degradation. In a short notice, warehouse and storage firms can deliver goods on a client's behalf or prepare their possessions for collection.

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Logistics management and warehousing are always evolving. It might be challenging to operate a warehouse in the current environment. This environment is bringing about change and exposing fresh patterns and approaches to maintain processes at their top efficiency.

The Global Logistics and Warehousing market are segmented by Revenue and Volume by Mode of Freight into Road Freight (Volume and Revenue), Air Freight (Total Volume, Volume by Emirates and Total Revenue), Sea Freight (Volume and Revenue).

Air transport is the mode where freight and passengers are the most integrated. First, they share the same terminal facilities, although there is a specialization with some airports focusing on freight activity.

Global Logistics And Warehousing Market by Revenue and Volume By Type of Freight

The Global Logistics and Warehousing Market is segmented by Revenue and Volume by Type of Freight into International Freight (Volume, Revenue and FTK) and Domestic Freight Revenue (Volume, Revenue and FTK).

Not so long ago, shippers would base their planning of global supply chains solely on the costs of transportation between ports. To protect shipments from being held up anywhere in the world, shippers will need to adopt a more well-rounded perspective on supply chains in the future.

Global Logistics And Warehousing Market By Geography

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

Asia-Pacific is the most significant shareholder in the global warehousing and storage services market

Asia-Pacific is a large consumer of perishable foods, which increases the need for refrigerated warehousing methods. A significant expansion in food and beverage companies producing a broad range of perishable food goods and frozen foodstuffs is also projected during the shelf lives of these food products.

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

• E-commerce Companies
• Third-Party Logistic Providers
• Potential Market Entrants
• Freight Forwarding Companies
• Warehousing Companies
• Cold Storage Companies
• Industry Associations
• Consulting Agencies
• Government Bodies & Regulating Authorities
  Time Period Captured in the Report
• Historical Period: 2017-2022
• Base Period: 2022
• Forecast Period: 2022-2027

Companies

Major Players Mentioned in the Report

• Deutsche Post DHL Global
• XPO Logistics
• Ryder System Inc
• NFI Industries Incb
• Americold Logistics
• FedEx Corporation
• Lineage Logistics
• NF Global Logistics Ltd
• APM Terminals
• DSV Panalpina AS
• Kane Is Able
• MSC Mediterranean Shipping Co. SA

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

Global Logistics Market

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