Wednesday, May 3, 2023

The online meat delivery market in India is expected to reach a market size of approximately $3 billion by the end of the 2026. Will India able to stand on the projected figure? Ken Research

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1. Millennials showing Interest in the Online Meat Delivery Segment

Millennials showing Interest

Trends and Developments in Online Meat Delivery Market

There has been a growing trend among millennials showing interest in the online meat delivery segment. This can be attributed to several factors. Firstly, millennials are a tech-savvy generation that values convenience and time-saving solutions. Online meat delivery services offer the convenience of ordering fresh, high-quality meat with just a few clicks, without having to visit a physical store. This can be especially appealing for busy millennials who are juggling work, family, and other responsibilities.

Secondly, there is a growing awareness among millennials about the importance of sustainable and ethical food consumption. Many online meat delivery companies focus on sourcing their meat from local, sustainable farms, and providing transparency about their farming practices. This aligns with the values of many millennials who are concerned about the impact of their food choices on the environment and animal welfare.

Finally, the COVID-19 pandemic has accelerated the adoption of online shopping and delivery services, including online meat delivery. Overall, the online meat delivery segment is likely to continue to grow in popularity among millennials and other generations who value convenience, sustainability, and ethical food consumption.

 2. New and Innovative Product Categories are expanding the Customer Base

Product Categories

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Meat delivery is a rapidly growing industry, with new and innovative product categories expanding the customer base. Here are some of the latest trends and categories that are driving growth in this industry:-

Plant-based meat alternatives: As the popularity of vegetarian and vegan diets grows, so does the demand for plant-based meat alternatives. Many meat delivery companies now offer a range of plant-based options, from burgers and sausages to meatballs and chicken substitutes. These products appeal to both vegetarians and meat-eaters who are looking for healthier, more sustainable alternatives.

Specialty cuts: Many meat delivery companies are now offering specialty cuts of meat that are hard to find in traditional grocery stores. These might include Wagyu beef, Berkshire pork, or grass-fed lamb. These cuts are often of a higher quality than what you can find in the grocery store, and they appeal to customers who are looking for something unique and flavorful.

Ready-to-cook meals: Another trend in meat delivery is the availability of ready-to-cook meals. These meals typically include pre-cut and pre-seasoned meat, along with vegetables and other ingredients that can be quickly cooked at home. This category appeals to busy consumers who want to prepare healthy meals at home without spending a lot of time on meal prep.

Sustainable and ethical meat: Many consumers are now concerned about the environmental impact of meat production, as well as the welfare of the animals. As a result, there is growing demand for meat that is produced in a sustainable and ethical manner. Meat delivery companies that can offer meat from animals raised on small farms, using sustainable and humane practices, are attracting a growing number of customers.

Overall, these new and innovative product categories are expanding the customer base for meat delivery companies and providing consumers with a wider range of options for healthy, sustainable, and delicious meat products.

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3. More than 90% of the Meat Market in India is highly Unorganized

  • ~70% Population of India is non-Vegetarian. Majority of the people in India still prefers to buy meat offline from local butcher shops. The meat industry in India is largely unorganized, with more than 90% of the market being operated by small, unregistered, and informal meat sellers. These sellers usually operate in open-air markets or on the roadside, where they sell a variety of meat products such as chicken, mutton, and fish.
  • The unorganized nature of the meat industry in India is a significant challenge for food safety and hygiene. Most small meat sellers do not have access to proper storage facilities or refrigeration, and there are often no standards in place to regulate the quality of the meat being sold. This can lead to the sale of contaminated or spoiled meat, which can pose health risks to consumers.
  • The Online meat delivery companies in India ensures the quality of meat as they claim that every product passes through stringent quality & safety checks before reaching the consumer.

Global Used Vehicle market is growing at a double digit CAGR in 2017-2022 and is expected to reach USD 2.5 Tn by 2027 – Ken Research

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What is the Size of Global Used Vehicle Industry?

The Global Used Vehicle Market is largely driven by Inflation, High price of new vehicles, Availability of used vehicles at lower prices are major factors contributing towards development of Global Used Vehicle Market.

The Global Used Vehicle market is moderately fragmented with multiple dealers (both organized and unorganized) operating in the industry. Majority of the used vehicles are sourced from vehicle-rental/ leasing companies & auctions. Direct buying from consumers or individual sellers is another major source.

The share of organized sector is more than unorganized sector in global used vehicle market due to higher preference and trust on organized players in the market.

People prefer vehicles that are around five years old as they are less likely to need expensive replacements at this age.

With the rise in preference for online retailing, the online segment is expected to witness significant growth, however, a large number of customers prefer offline stores while purchasing used vehicles to ensure and check the vehicle physically. Therefore, the offline segment of the market is anticipated to dominate the market during the forecast period.


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Global Used Vehicle Market By Type Of Market Structure

The Global Used Vehicle market is segmented by Type of Market Structure into Organized Channel, Unorganized Channel, OEM Certified Franchise Dealers, Multi Brand Dealers and Others. Unorganized channel was preferred by consumers globally.

Global Used Vehicle Market by Type Of Vehicle

The Global Used Vehicle market is segmented By Type of Vehicle into Cars, Bikes, Trucks, Buses, Bicycles and Others. Cars was the most dominant among others followed by Bikes in 2022.

Global Used Vehicle Market By By Age Of Vehicle

The Global Used Vehicle market is segmented by Age of Vehicle into 0-2 years, 2-4 years, 4-6 years, 6-8 years, 8-10 years and more than 10 years. 2-4 years was the most preferred age of vehicle in 2022 in Global Used Vehicle market.

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

  • Used Vehicle Dealers
  • Used Vehicle Equipment Manufacturers and Distributors
  • Auto Portals
  • Online Dealers
  • Vehicle Showrooms
  • Unauthorized Dealers
  • Market Research and Consulting Firms
  • Automotive Companies
  • Vehicle manufacturing Companies
  • Tourism 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

Leading companies

  • TrueVehicle, Inc
  • Lithia Motors, Inc.
  • Group 1 Automotive, Inc.
  • THE HERTZ CORPORATION
  • Pendragon PLC
  • Asbury Automotive Group, Inc.
  • AutoNation, Inc
  • VehicleMax Business Services LLC
  • Cox Automotive
  • Hendrick Automotive Group.
  • Batfa Japan Inc.
  • India Kawasaki Motors Pvt. Ltd.
  • Droom, Motorbikes 4 All
  • Triumph Motorcycles
  • Yamaha Certified Pre-Owned
  • Motohunt Inc.
  • Blade Motorcycles
  • Mundimoto Europe SL

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Global Used Vehicle Market

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Global, Middle East & KSA Market is in the Growing Stage, Being Driven by Growing Demand for Sheet Fed In-Mold Labels and Positive Impact of Covid-19: Ken Research

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1. Covid-19 pandemic has been a major catalyst for Global In-mold labelling market, with a growth rate CAGR of ~5% between 2022-2027F.

Global In-mold labeling Industry

Click to Read Full Article: Global, Middle East & KSA In-mold labelling market

By 2027F, the Global, Middle East & KSA In-mold labelling market is expected to grow at a robust rate. The market's expansion can be ascribed to the increasing investments, growing demand for sheet fed labels, inclination towards attractive packaging and high product security. Furthermore, the Covid-19 pandemic has also led to rise in e-commerce and also increased the demand for packaged foods which has further boosted the growth in In-mold labelling market in Middle East, KSA & Globally. The In-mold labelling market is expected to grow at a CAGR of ~5% Globally between 2022-2027F because of the emergence of new companies like Safeer Pac and Al Marai. The prominent companies in the In-mold labelling market in 2022 includes: Al Ghurair Printing & Publishing and Al Jawad.

2. Increasing investment, Positive impact of covid-19, inclination towards attractive packaging and high product security are the major growth drivers for Global, Middle East & KSA In-mold labelling Market.

Global In-mold labeling Industry

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The increasing inclination toward attractive packaging is one of the key factors in driving the growth in in-mold labelling market. Aesthetically appealing no-label look & multi-coloured prints on consumer products acts as a lucrative marketing opportunity and an efficient branding tool for sheet fed printing. In addition to this, rising demand for eco-friendly and high-performing sheet fed labels, and increasing technological advancements are also driving the growth in in-mold labelling market as they make manufacturing process more efficient. Furthermore, the Covid-19 also has positive impact on the in-mold labelling market as it has led to rise of e-commerce platforms and also increases the demand for packaged foods, which further fuelled the growth in-mold labelling market globally.

3. With Complex Supply Chain, Technological Deprivation and Costing Patterns are posed as the major challenges faced by the In-mold labelling Market.

Global In-mold labeling Industry

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A key challenge faced by the pet insurance market is the Tedious supply chain involved in implementing a Sheet fed IML project. It takes multiple disciplines and companies to develop a good plan for sheet fed IML. With respect to middle east, limited number of suppliers and printers is a real challenge while fulfilling the demand requirements for the various end user industries in the region. But the tedious supply chain is not the only challenge faced the market, challenges like technological deprivation and costing patterns also halts the growth of the In-mold labelling market. Furthermore, Accurate label placement in mold is also a critical issue. Not only accurate label placement, but accurate label size with minimal size variation & print-to-cut tolerances are also critical criteria. Thus, attention should be given to how label is shaped & presented to mold & conform to contours of molded container without wrinkling, puckering, or distorting printed image when molded.

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

Number of active internet users in India

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

Positive Impact of Reverse Migration

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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

Global WMS Market

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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

Global WMS Market

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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

Global WMS Market

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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

Global WMS Market

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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

Saudi Arabia E-Learning Market Outlook to 2025

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.

KSA Cold Chain Industry

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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.

KSA Cold Chain Industry

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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.

KSA Cold Chain Industry

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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.

Tuesday, May 2, 2023

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.

Indonesia Plastic Pipe Industry

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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.

Indonesia Plastic Pipe Industry

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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.

Indonesia Plastic Pipe Industry

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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.