How New Zealand's Logistics Market Skyrocketed to USD 20 Bn in 2021 with Over 30 Airports and a Thriving Road Freight Sector? What Does the Future Hold? : Ken Research

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Logistics Market in New Zealand has grown at a robust CAGR of 10.4% during 2017-2021, says a report by Ken Research

1. New Zealand's Exports Surge to USD 44 Bn While Imports Hit USD 54 Bn in 2022: A Look at the Trade Landscape.

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The global economic recovery and easing of COVID-19 restrictions in countries like EU and US have boosted New Zealand's exports, particularly food products such as dairy, meat, beverages, fruit & nuts. China has become a significant market for New Zealand's dairy and wood products. However, increased imports of vehicles, electrical equipment, pharma products, fertilizers, etc., coupled with rising inflation, commodity prices, and freight costs, have inflated import values.

2. Exploring the Role of Airports in New Zealand's Logistics Market: 5 International and 30 Domestic Airports.

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Air freight accounts for less than 1% of New Zealand's trade volume. Plans for an international airport in Central Otago's Tarras are underway to enhance infrastructure capacity. Other regional airports like Nelson, Tauranga, Hawke's Bay, Invercargill, and New Plymouth are also upgrading their terminals to incorporate advancements in energy efficiency, engineering, runway renewal, robotics, and innovative aircraft.

3. Analyzing New Zealand's Logistics Infrastructure: Dominance of Road Freight and Low Air Freight Trade Volume.

Unlocking Future Growth: KSA On-Demand Home Services Market Relies On Knowledgeable Employees And Advanced Tools As Key Commodities – Ken Research

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Insights from Ken Research: Value Addition, Geographic Expansion, and Targeted Marketing Strategies Key to Boosting On-Demand Home Service Market in KSA.

1. Service Providers Dominate KSA's Fragmented On-Demand Home Service Market, Holding 95% of the Share.

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• The KSA On-Demand Home Service Market is fragmented with offline service provider holding 95% market share among 800+ service provider whereas, marketplace is consolidated with marketplace service provider holding 5% market share among 10 marketplace service providers.
• The players compete with each other on the basis of its Business USP, Services Catered, Booking Mode and Ratings on App.
• Major players entailing in Market place are positioned either in high quality and high services or low services and high quality.

2. Boosting Business: Recommendations for Expanding Geographical Reach and Tailoring Services to Target Audiences.

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• Increasing the geographical reach in KSA can be advantageous for catering services to a larger customer base and ultimately increasing revenue.

• Offering value-added services can also be a viable strategy for attracting end-users to choose a specific service provider or marketplace.

• Vertical expansion of service offerings could also be considered, such as hiring specialized chefs with expertise in specific cuisines, among other services.

• By expanding the target audience, both service providers and marketplaces can increase their market size and revenue

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

KSA On-Demand Home Service Market

The Used Car Industry in Singapore is growing at CAGR of 11.1% Basis Revenue. Will Singapore continue this growth trajectory? Ken Research

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1.  Singapore has the Highest Penetration of Online Sales with 90% Online Sales

Click to know: Online vs Physical store sale in Used Car Market

• Increasing internet and smartphone penetration leading to high sales facilitated by online platforms such as Carro and others.
• Due to two-month long CB measures and tight border restriction, overall sales fell. Online sales saw strong growth; online retail proportion doubled in 2020 making up 12% of total retail sales.
• With online platforms gaining a lot of traction in the industry, it is expected that dealerships with physical stores will follow suit and increase their presence online to expand reach.
• Dealerships are expected to introduce their own official website/platforms to showcase their used car inventory.
• Online auto portals are expected to venture into omni-channel experiences.         

2. Singapore sustains 1^st rank in Asia in the World Bank's Ease of Doing Business index 2020, ranked 2^nd globally

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• In 2020, Singapore ranked 2nd out of 190 countries in the World Bank’s Ease of Doing Business Index. The country has maintained its second position for four consecutive years.
• In the Global Competitiveness Index ranking, Singapore stood in 5th position in 2021, down from 1st the year before on the basis of unfavorable geography.
• Presence of high investment and R&D expenditure. Automobile manufacturers are focusing on connected and autonomous driving vehicles to play a significant role over the coming years.

3. High Employment Rate and High Labor Force Participation Rate Causing an Increase in Demand for Personal Vehicles

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Workforce and Minimum Wage:

• The size of the work force in Singapore was 3.7 million, with 70.5% Labor Force Participation Rate in 2Q 2021, indicating the strong ability of the economy to create employment. The country saw a Labor Turnover rate of 1.9% as of 2Q 2021 which suggests that the Total Labor Force should increase over the coming years.
• Singapore does not have minimum wage laws or regulations. According to the Ministry of Manpower in Singapore, employees should be paid based on their skills, capabilities and competencies.

Global Food & Beverages Disinfection Market Is Growing At A CAGR Of ~% In 2017-2022 And Is Expected To Reach ~USD 15 Bn By 2028 – Ken Research

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What Is The Size Of Global Food & Beverages Disinfection Industry?

The Food & Beverages Disinfection Market is largely driven by rising health concerns regarding food safety among consumers, especially in developing countries.

 The increasing prevalence of foodborne illness due to pathogens, inorganic chemicals, and radioactive substances along with stringent regulations laid by the government over food safety is likely to boost the demand for food & beverage disinfectants and is anticipated to propel the growth of the Global Food & Beverage Disinfection Market.

The demand for fresh, organic, and less processed food products which is free from any synthetic preservatives is increasing among consumers, which leads to a decrease in the demand for chemical disinfectant and may restrict the growth of the market, The COVID-19 pandemic positively impacted the Food & Beverage Disinfection Market owing to the increasing need to prevent viral infections among consumers. The pandemic increased concerns regarding food safety among consumers as well as the demand for high-quality food products which are free from harmful pathogens. Disinfectants gained more attraction in the food processing and packaging industry during the pandemic to curb the situation and to ensure that food products are free from harmful pathogens, which has benefitted the growth of the Global Food & Beverage Disinfection Market.

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Global Food & Beverages Disinfection Market By Type

The Global Food & Beverages Disinfection market is segmented by Type into Chemical and Technology.

Chemical segment held the largest share of the Global Food & Beverage Disinfection Market by type in 2022, due to its easy usage as well as increasing governmental approvals for chemical disinfectants.

The increasing demand for chemical disinfectants among food and beverage manufacturers for various applications such as water treatment, heat exchangers, pasteurizing equipment, and others is expected to fuel the growth of the segment in the Global Food & Beverage Disinfection Market.

Global Food & Beverages Disinfection Market By Application

The Global Food & Beverages Disinfection market is segmented by Application into Surface, Packaging and Processing Equipment.

The processing equipment segment accounted for the largest share of the Global Food & Beverage Disinfection Market in 2022, owing to the growing demand for disinfectants for advanced food processing equipment coupled with rising food safety concerns.

Food processing is an important step in the food production and distribution cycle and thus the demand for disinfectants is increasing to ensure that the food produced is free from harmful microorganisms that can cause foodborne diseases, which is anticipated to aid the growth of the segment in the Global Food & Beverage Disinfection Market.

Global Food & Beverages Disinfection Market By End-User

The Global Food & Beverages Disinfection market is segmented by End-user into Food Processing Companies, Beverage Processing Companies, Catering Kitchens and Retail Distributors.

The food processing companies segment accounted for the largest share of the Global Food & Beverage Disinfection Market in 2022, attributed to increased consumption of processed food & beverage products among all age groups.

An upsurge in disposable income along with the increasing demand for processed and convenient food & beverages products is increasing the demand for chemical and technology disinfectants among food processing companies to offer products free from harmful microorganisms to avoid foodborne diseases, which is likely to boost the demand for the segment in the Global Food & Beverage Disinfection Market.

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Global Food & Beverages Disinfection Market By Geography

The Global Food & Beverages Disinfection market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

Asia-Pacific region accounted for the largest share of the Global Food & Beverage Disinfection Market in 2022, owing to the increase in the prevalence of food-borne illnesses among consumers.

The rapid growth in population along with surging demand for high-quality and clean-label food & beverage products is expected to boost the demand for disinfectants in the food & beverage industry to prevent foodborne illness and is expected to augment the growth of the region in the Food & Beverage Disinfection Market.

Key Topics Covered in the Report

• Snapshot of the Global Food & Beverage Disinfection Market
• Industry Value Chain and Ecosystem Analysis of the Food & Beverage Disinfection Market
• Market size and Segmentation of the Global Food & Beverage Disinfection Market
• Historic Growth of the Overall Global Food & Beverage Disinfection Market and Segments
• Competition Scenario of the Food & Beverage Disinfection Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Food & Beverage Disinfection Industry
• Overview, Product Offerings, and Strategic Developments of Key Competitors
• COVID-19 Impact on the Overall Global Food & Beverage Disinfection Market
• Future Market Forecast and Growth Rates of the Global Food & Beverage Disinfection Market and by Segments
• Market Size of Application/End-User Segments with historical CAGR and Future Forecasts
• Analysis of the Food & Beverage Disinfection Market in Major Regions
• Major Production / Consumption Hubs in the Major Regions
• Major Production/Supply and Consumption/Demand Hubs in Each Region
• Major Country-wise Historic and Future Market Growth Rates of the Total Food & Beverage Disinfection Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Region

Major Companies Mentioned in the Report

• Advanced UV, Inc.
• Solvay
• Stepan Company
• Suez
• Evonik Industries AG
• Neogen Corporation
• FINK TEC GmbH
• Halma
• Trojan Technologies Group ULC
• Evoqua Water Technologies LLC

Notable Emerging Companies Mentioned in the Report

• Oki Electric Industry Co., Ltd.
• Ecolab
• Vapourtec Ltd.
• Xylem
• UV-Guard Australia

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

• Food & Beverage Disinfection Manufacturers
• Food Processing Companies
• Beverage Processing Companies
• Food & Beverage Processing Equipment Manufacturers
• Research & Consulting Firms
• Research & Development Institutes for Disinfectant Sector
• Food & Beverage Disinfection Providers
• Disinfection Chemical Suppliers
• UV Equipment Manufacturers
• Food Safety Regulatory Bodies
• Food & Beverage Disinfection Distributors
• Food & Beverage Disinfection Packaging Services
• Packaging Equipment Manufacturers
• Government & Food Safety Regulations
• Investors in Disinfectants Companies

Period Captured in the Report

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

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

Global Food & Beverage Disinfectant Market

Global Exoskeleton Market expected to record a CAGR of ~20% during the forecast period (2017-2028): Ken Research

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What Is The Size Of Global Exoskeleton Industry?

Global Exoskeleton market is growing at a CAGR of ~% in 2019-2022 and is expected to reach ~USD 2.5 Bn by 2030.

The Exoskeleton Market is largely driven by adoption of the exoskeleton in the healthcare sector for robotic rehabilitation

Robotic rehabilitation means designing wearable robotic exoskeletons to improve movement in persons with impaired physical functioning. According to the Rehabilitation Council of India, a government body that regulates training programs and courses targeted at the disabled, and special education requirement communities, stated that for every 1 billion of the population the spinal cord injury rate is between 1.85% to 2.19% out of which 75% are from rural areas.

The High Cost of exoskeletons is one of the Major challenges hindering the growth of the global exoskeleton market. Due to rapid advancements in exoskeleton technology, i.e., providing better efficiency and high payload the cost of exoskeletons rises significantly. Furthermore, the average cost of an Exoskeleton in the healthcare sector varies from US$ 77,000 to US$ 100,000.

The COVID-19 pandemic slowed the growth of the Global Exoskeleton Market, owing to the shutdown of production activities in various industrial areas including Robotic Exoskeleton manufacturing units. As a result, production showed a decline in the Global Exoskeleton market.

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Global Exoskeleton Market By Technology

The Global Exoskeleton market is segmented by Technology into Powered and Passive.

DGBEF segment held the largest market share of the Global Exoskeleton Market in 2022, as it improves thermal stability, has strong mechanical properties, and provides moisture resistance. It is used extensively across multiple end-user industries such as building & construction and automotive.

DGBEF is Diglycidyl Ether Bisphenol F, a reaction product of phenol and formaldehyde. This type of Exoskeleton is sold as liquids and solid resin dissolved in solvent and prepregs.

DGBEF performs better in resisting chemical attack as compared to other types, owing to its higher density of cross-links.

Global Exoskeleton Market By Mobility

The Global Exoskeleton market is segmented by Mobility into Mobile and Stationary

The liquid form segment held the largest market share of the Global Exoskeleton Market in 2022. The reason behind the largest share of this segment is a wide area of applications in almost all industries.

Exoskeleton in liquid form prevents corrosion and as a sealant, it protects surfaces, including pipelines, metal, floors, countertops, and equipment parts.

It is often found in transistors and electrical circuits to protect parts from moisture, dirt, dust, and other debris that can damage materials over time.

In March 2019, Axalta launched liquid epoxy-based casting resin system, Voltacast 3310/Voltacast H134. The launch of products expanded the Voltacast product portfolio of casting resins from Axalta’s Energy Solutions business.

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Global Exoskeleton Market By Body Type

The Global Exoskeleton market is segmented by Body type into Full Body, Upper Body and Lower Body.

The Lower Body segment accounted for the largest market share in the Body Type segment in 2022.

Rise in lower body disabilities and the adoption of exoskeletons by paralyzing or old populations is likely to drive the lower body segment in the global exoskeleton market.

The lower body exoskeletons are also used in defense for increasing the speed of soldiers that helping them to carry heavy equipment such as ammunition and guns for a longer duration.

Global Exoskeleton Market By End-User

The Global Exoskeleton market is segmented by End-User into Healthcare, Defense/Military, Industrial and Others.

The Healthcare segment accounted for the largest market share in the End-User segment in 2022.

The growth is primarily due to the adoption of the exoskeleton in the healthcare sector for robotic rehabilitation and robotic therapy.

Many Hospitals and Rehabilitation Centers use exoskeletons for the treatment of patients suffering from spinal injuries, paralysis, and stroke.

Key Topics Covered in the Report

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

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Notable Emerging Companies Mentioned in the Report

• Fourier Intelligence
• Seismic
• ROAM Robotics
• Trexo Robotics
• Bionic Yantra

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

• Exoskeleton Manufacturers
• Exoskeleton Raw Material Suppliers
• Exoskeleton Products Manufacturers
• Government Ministries of health and rehabilitation
• Government Ministries of Defense
• Exoskeleton Industry Association
• Exoskeleton Companies
• Venture Capitalists Targeting Exoskeleton Industry

Time Period Captured in the Report

• Historical Period: 2019-2021
• Forecast Period: 2022E-2030F

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

Global Exoskeleton market

Global Fiber Glass Market Is Growing At A CAGR Of ~% In 2017-2022 And Is Expected To Reach ~USD 20 Bn By 2028 – Ken Research

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What is the Size of Global Fiber Glass Industry?

The Fiber Glass Market is largely driven by the expansion of the construction sector.

The expansion of the construction sector is the main driver for the growth of the fiberglass market. The market is growing due to a notable rise in attention paid to infrastructure and road quality. In the construction industry, fiberglass is used in mesh fabrics that prevent cracks in interior walls, floor covering, wall covering, in self-adhesive drywall tapes, waterproofing frit, and others.

There has been a significant rise in modern architecture in recent years, leading to the development of modern materials such as glass fiber.

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The major challenge faced by the fiberglass market is the negative environmental effects during the production of the material. Fiberglass processing and production require a high volume of energy and resources which generally have an adverse impact on the environment. Fiberglass production generates not just air pollution but also solid and liquid waste. Strict restrictions and standards established by the governments of different countries may impede the growth of the fiberglass industry, influencing the overall market.

The market was negatively impacted by the COVID-19 pandemic during the first half of 2020, as most of the end-use industries that use fiberglass were shut down and sales of fiberglass saw a major change of trend during this period.

Global Fiber Glass Market By Glass Type

The Global Fiber Glass market is segmented by Glass type into E-Glass, ECR-Glass, H-Glass, AR-Glass and S-Glass.

The E-Glass segment held the largest market share in the global fiber glass market in 2022, due to its qualities such as high flexibility, corrosion, and abrasion resistance.

E-glass is produced from the oxides of magnesium, calcium, boron, and aluminum. It is lightweight woven plastic fabric that is frequently utilized in maritime, industrial, and aerospace applications.

The S-glass segment is expected to register the highest CAGR during the forecast period, as it has high compressive strength, and high-temperature resistance, as a result, it is widely used in composites and textile industries.

Global Fiber Glass Market By Product Type

The Global Fiber Glass market is segmented by Product type into Glass Wool, Yarn, Roving, Chopped Strands and Others.

The glass wool segment held the largest market share in the global fiber glass market in 2022, as it is widely used as an indoor thermal and acoustic insulation material.

Glass wool is a popular indoor thermal and acoustic insulation material. The product is most typically used beneath pitched roofs, on hardwood floors, or on interior walls.

The chopped strands segment is expected to register the highest CAGR during the forecast period, due to its wide usage as a reinforcement material with high performance resin in automotive and electronics industries.

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Key Topics Covered in the Report

• Snapshot of Global Fiber Glass Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Fiber Glass Market
• Historic Growth of Overall Global Fiber Glass Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global Fiber Glass Industry
• Overview, Product Offerings, Strengths, & Weaknesses of Key Competitors
• Covid-19 Impact on the Overall Global Fiber Glass Market
• Future Market Forecast and Growth Rates of the Total Global Fiber Glass Market and Segments
• Analysis of Global Fiber Glass 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

• Asahi Fiber Glass Co., Ltd.
• 3B - the Fiberglass company
• China Jushi Co., Ltd.
• Johns Manville
• Knauf Insulation
• Nippon Electric Glass Co.,Ltd.
• Owens Corning
• Saint-Gobain
• xingtai jinniu fb glass
• Taiwan Glass Industry Corporation

Notable Emerging Companies Mentioned in the Report

• Fureho AB
• Spintex Engineering Ltd.
• Darshan Safety Zone
• Fibtex Products
• Smartshield Insulation

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

• Fiber Glass Manufacturers
• Fiber Glass Suppliers
• E-Glass Manufacturers
• ECR-Glass Manufacturers
• H-Glass Manufacturers
• AR-Glass Manufacturers
• S-Glass Manufacturers
• Fiber Glass Distributors
• Emerging and Startup Companies in Fiber Glass
• Government Departments of Polymers
• Ministries and Departments of Plastics
• Importers and Distributors of Fiber Glass

Period Captured in the Report

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

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

Global Fiber Glass Market

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Future Outlook of Global Agriculture Equipment Market: Ken Research

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What Is The Size Of Global Agriculture Equipment Industry?

Global Agriculture Equipment market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2027.

The Global Agriculture Equipment Market is largely driven by increasing population throughout the globe, increasing mechanization in the agriculture sector coupled with the surge in farmers’ income.

Agricultural practices are and will be shifting toward an efficient data driven industry for an obvious reason; the global food demand is increasing drastically. The world population by 2050 is expected to be almost 10 bn, and the world food demand is expected to increase by around 55%-95% between 2005 and 2050.

The demand for more food is to be addressed by adopting technologies in Agri-business that improve efficiency in sustainable and climate friendly manners. Wide spread adoption of precision agriculture is the most effective approach to improve yield and save on costs with minimal environmental footprints. This current transformation opens up doors for farmers and growers to adopt AI and data driven practices for an obvious reason, expected to gain momentum in the near future.

A rising number of international organisations, governments, non-governmental organisations, and non-profits are focusing on data-driven agriculture programmes. Their efforts include teaching, facilities, grants, and financing, as well as open data and data gathering infrastructures.

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Global Agriculture Equipment Market by Product Insights

The Global agriculture equipment market is segmented by type of services into Tractors, Harvesters, Planting Equipment, Irrigation & Crop Processing Equipment, Spraying Equipment, Hay and Forage Equipment and Others.

The tractor segment accounted for the largest revenue share of 2021, attributed to the labor shortage and the growing population to meet the global food requirements, which has made tractors a prerequisite for increasing productivity in the agriculture industry.

Global Agriculture Equipment Market by Application

The Global agriculture equipment market is segmented by application. The land development and seedbed preparation segment accounted for the most of the revenue share in 2021 and is expected to expand at a significant CAGR during the forecast period.

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Major Players

• AGCO Corporation
• FlieglAgro-Center GmbH
• Agromaster
• Amazone Inc.
• APV GmbH
• Bellota Agrisolutions
• CLAAS KGaAmbH
• CNH Industrial N.V.
• Deere & Company
• Escorts Limited
• HORSCH Maschinen GmbH
• ISEKI & Co., Ltd.
• J C Bamford Excavators Ltd
• Quivogne CEE GmbH (Kiwon RUS LLC)
• Rostselmash
• KRUKOWIAK
• KUBOTA Corporation
• KUHN SAS
• LEMKEN GmbH & Co. KG
• Mahindra & Mahindra Ltd.
• MascarSpA
• MaschioGaspardo S.p.A
• MaterMacc S.p.A
• Morris Equipment Ltd
• SDF S.p.A.
• Tractors and Farm Equipment Limited (TAFE)
• Väderstad AB
• Valmont Industries, Inc

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

• Farm Machinery Providers
• Agriculture Equipment Distributors
• Agriculture Equipment Manufacturers
• Government Bodies & Regulating Authorities
• Existing Farm Services providers
• New Market Entrants
• Investors

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: –

Global Agriculture Equipment Market

Related Reports by Ken Research:-

France Agriculture Equipment Market Outlook to 2027F

Germany Agricultural Equipment Market Outlook to 2027F

Philippines is one of the leading markets for Property Classified in South-East Asia region contributing around $20 Mn Revenue in 2021. Will the growth sustain?

 Philippines Property Classified Market is expected to reach around $ 80 Mn markets by 2026, owing to the Accelerated pace to digitization, as per the findings by Ken Research

1. Philippines has the most Single Housing Unit types of Households that account for almost 90% of total Housing units.

                          

Demographic Dividend in Philippines: Click to Know More

With a total population of almost 110 Mn in 2021, there was an average of 370 persons per square kilometer in the Philippines. The proportion of owner-occupied households remained consistently high. Close to 6 in 10 resident households (or nearly 60%) were owner-occupied in 2020, a slight decrease from the 61.7% in 2010.

2. Online marketing is a clear winner in consumer outreach and cost effectiveness in the Property Classifieds Industry. What do the recent trends show?

                            

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Digital media has now become the mainstay of real estate marketers, with developers pivoting their marketing strategies towards digital platforms. Apart from increased brand awareness, continued engagement, and full-stack services, the online segment offers comparatively less cost-per-lead when compared to traditional outdoor or full-jacket print campaigns, thus making it advantageous for developers.

3. The increased investment in the region, and developers and landlords offering flexibility are some of the major growth drivers in the market. What significance it has?

Property owners are offering more flexible costs for existing and new buyers and tenants Post COVID in Philippines. A number of developers are offering extended payment terms, lighter down payment schemes, and waived reservation fees with a limited time offers, thereby providing an advantage for financially prepared buyers. Moreover, Buyers are in better position to search for attractive financial opportunities due to the increase in the number of resale options available in the market. These altogether has been helping the market to grow at a CAGR of 31.4%.

The Great shift: Online grocery market look to transform the last mile delivery in KSA: Ken Research

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The Online B2B grocery is witnessing a huge surge in online shopping due to a Shortage of supply chain financing and COVID that led Bakalas in KSA to adopt various B2B platforms to refill stocks amid the lockdown.

Currently, KSA digital B2B grocery market is growing with a double-digit CAGR owing increase in smartphone and internet penetration in the country. But the market is looking for other factors as well to drive more growth in the industry. Is it technology development? Let’s find out!

1. Saudi Arabia has the largest social media presence in the world with ~39 Mn mobile subscribers amounting to 11% of mobile penetration in 2021

2. Rising population of online shoppers and their demands for easier access to goods and services are giving a major boost to the E-commerce market in KSA

3. The online B2B grocery sector is also witnessing a massive surge in online shopping due to COVID that led Bakalas in KSA to adopt various B2B platforms to replenish stocks during the lockdown

4. The sector has evolved over the years and is also observing the emergence of many new Online B2B Grocery players. Sary and Retailo have been trying to digitize the wholesale supply

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5. Major revenue of online B2B grocery players comes from commission where in the Manufacturers are on boarded by Online B2B grocery platforms

6. Increasing smart phone penetration and higher customer stickiness are accelerating the growth of the Online B2B grocery industry in KSA

7. Tech development like Robots, Drones, and autonomous delivery vehicles are expected to transform the last mile delivery and will fuel the growth of the KSA Online B2B grocery sector in the future

To Know more about this Whitepaper, Visit this link:-

KSA Online B2B Grocery Market

Related Reports By Ken Research:-

India Online Grocery Market Outlook to FY’2027F

Malaysia Quick Commerce Market Outlook to 2026F

UAE Online Loan Aggregation Industry Holds Potential 7x Revenue Growth By 2024. Will UAE Online Loan Aggregation Industry Stand On This Projected Figure? Ken Research

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1. With rich, diverse & unparalleled infrastructure, the UAE Loan Industry driven by high corporate loan demand.

Trends and Developments in UAE Online Loan Aggregator Industry

• Lending majorly dominated by national banks with wide distribution network, occupying >90% of all banks credit disbursal.
• With major investment in hydrocarbon projects & other infrastructure projects, credit demand by government has been rising & expected to further rise in future as well.
• Traditional methods of lending (Friends/family) are still preferred choice for availing loans by people with below avg credit history.
• Banks are undertaking consolidation activities thereby reducing number of branches, cash offices & promoting digital banking services.

 2. Technological Evolution in UAE Banking Services.

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Adoption of Blockchain technology in enhancing “Know- Your-Customer” processes, useful in client onboarding, cross border transfers, payments & compliance reporting.

Tasharuk Platform: Launched by UBF to fight against cyber-attacks on banks. Platform enables cyber threat information sharing, identify threats & enhance defense systems.

Incorporating Artificial Intelligence in data analytics, combatting fraudulent activities & compliance improvement, further increasing focus on customer dealing & decision-making processes.

Increased penetration of virtual banking channels including Mobile (>85%), Online Banking (>90%), Branch/Call center (>90%) and ATMs (~100%).

Noticeable shift among customers to online medium for undertaking non-cash transactions of balance enquiries, fund transfers etc.

3. Housing Loan, one of the fastest growing retail loan segments.

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• In 2019, average house price in Dubai decreased by ~12% reaching to ~AED 2.58 Mn, thereby, shifting from investor led market to owner-occupied market.
• While borrower’s previously preferred fixed interest rates but with Fed Reserve Predictions (2019), noticeable trend was observed for variable rate schemes.
• Customers rising preferences for loan providers/aggregators offering other benefits like property management services & post-handover assistance services.
• Dubai is dominated by expat population (11 times of Emirati population), who are observed to be preferring indirect channels due to high documentation & eligibility requirements.
• Current lending process in The UAE is partially offline; however; with advancements & relaxations in regulations could help in making the process online.

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

UAE Online Loan Aggregator Market

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