Technology Enabled Transformations & GOI Policies such as National Logistics Policy will drive the Road Freight Market in India to grow over INR 9500 Bn in the next 5 Years. Will the Growth Sustain? Ken Research

 Buy Now

Technology Enabled Transformations & GOI Policies such as National Logistics Policy will drive the Road Freight Market in India to grow over INR 9500 Bn in the next 5 Years. Will the Growth Sustain? Ken Research

The market is expected to grow at a CAGR of 9% driven by rising foreign trade, surging discretionary spend, growing FMCG sector, and increasing investment in transport infrastructure, says a report by Ken Research

1. “Tech to the rescue:” Technology-enabled transformations such as FMS & autonomous vehiclesand digital trucking aggregators with online load board and automated brokerage are driving the market growth.

Click to Read Full Article: India Road Freight Market Outlook

Technology has significantly changed due to AI’s important role in supply chain management, including the development of predictive optimization, which is expected to become one of the biggest drivers in the logistics industry. Technologies such as Real Time Location and Temperature Monitoring and Data Sharing which enables real time monitoring of the temperature of a refrigerated unit & customer has changed the way fleet operators view the logistics market. Other such technologies operating in the market currently are warehouse automation, fleet management software & Advanced driver assistance system.

2. Government Policies such as National Logistics Policy is integrating the operations in order to remove market glitches.

To learn more about this report Download a Free Sample Report

The National Logistics Policy (NLP) has been designed to o ensure that logistical problems are minimized, exports increase significantly, and small businesses and the people who work in them gain profit. The aim is not only to ensure smooth operations but also profit & employment generation via logistics industry in India. Moreover, various sub segments of NLP such as Gati Shakti Program & Sagarmala are also aimed at developing the logistics infrastructure.

3. “Growth is the way ahead:” With increasing investment, technological innovation & government focus, the road freight market in India is expected to witness a surge in terms of development.

Visit this Link: – Request for custom report

The industry is forecasted to grow at a CAGR of 9.0% during 2019-2024 driven by rising foreign trade, surging discretionary spend, growing FMCG sector, and increasing investment in transport infrastructure. IR and GoI is actively making efforts to make rail freight competitive with road freight.  Eastern and Western DFCs are expected to be fully operational by 2020, and 4 more corridors are in the pipeline. IR is also looking to rationalise rail freight rates. Phase I of the Bharatmala Pariyojana set to be completed by 2021-22, which includes 34,800 km of roads. Focus on road infrastructure and dependence on roads for freight transport is expected to continue. Container trucks proportion in the market is expected to rise in the future due to its versatility and resistance to adverse weather.

Indian Logistics Industry is Growing @ 6 % year on year. Will India continue to support logistics industry in the future period? Ken Research

 1. 1,24,000 Km of rail network with ~10,000 freight trains carrying 3 MT of goods daily.

Click to Read Full Article: India Logistics Market

65% of domestic freight volume carried through road; high compared to ~50% in developed countries.

• 8 Mn Km of Road Network; 10,000 Km of National Highways.
• 1,24,000 Km of rail network with ~10,000 freight trains carrying 3 MT of goods daily (33% of total).
• Share of rail and road closer to 50%-50% in developed countries as rail freight is cheaper for longer distances.

Dedicated Rail Freight Corridors Project

• 3,300 km twin corridors (DFCs) to be completed by end of 2021.
• World Bank funding Eastern DFC with $1.86 Bn; Japan International Cooperation Agency (JICA) $5.2 Bn for the western corridor.
• Goods train speed to increase from 25kmph to 100kmph with 13,000 tonnes load.
• 25 times less carbon footprint than road transport.

2. Indian Logistics Industry is Growing significantly with respect to Logistics Sector Growth in Other Neighbouring Countries.

Request a Free Sample to learn more about the report: Click here

Logistics Performance Index (LPI)

Germany Topped Ranking in World, Vietnam Tops in Lower Middle Income Group

Reasons for Logistics Score

• High Investments $16.2 Bn annually every year, New Innovation, Govt supported freight villages for logistics support.
• Advanced Infrastructure, Innovations in the logistics space, and $46.3 Bn investment on infrastructure annually is responsible for high logistics Score.
• The energy consumption of Australia is highest but Adoption of technologies such as big data and open data is very quick along with government support such as Australia Development Plan.
• Implementation of Belt and Road Initiative, Huge Exports, high-speed railways, electric vehicles, 5G communications, and cross-border e-commerce are its game changers.
• Low Score is due to Weak infrastructure, Complex legal framework and Lack of modern information systems.

3. Although trucking industry being significantly impacted by COVID -19 in India there are certain initiatives adopted to improve Situation.

Visit this Link: – Request for custom report

The government has announced INR 20 Lakhs package providing Collateral free loans which was already existent for transporters but were not aware of it. Around 85% of the truckers are illiterate single truck owners who will not be able to avail benefit of MSME Policy due to its informal nature and want to remain unorganised due to Overloaded trucks, cargo without invoices & bills. The truckers still need to pay expenses after extension of moratorium period and have not been waived off even after no loads on road and no cash for payments. Hence, if a part of premium paid can be refunded to companies, can put some cash in hand of entrepreneurs and will help to bring logistics sector on track.

Global Food & Beverages Disinfection Market is expected to reach ~USD 15 Bn by 2028F: Ken Research

Buy Now

Competition Scenario In Global Food & Beverages Disinfection Market

The Food & Beverage Disinfection Market is significantly competitive with ~150 players that include globally diversified players, regional players as well as a large number of country-niche players having their niche in Food & Beverage Disinfection.

Regional players comprise ~45% of the total number of competitors, while the country-niche players comprise the second highest of the total number of competitors. Some of the major players in the market include Advanced UV, Inc., Solvay, Stepan Company, Suez, Evonik Industries AG, Neogen Corporation, FINK TEC GmbH, Halma, Trojan Technologies Group ULC, and Evoqua Water Technologies LLC, among others.

The leading global Food & Beverage Disinfection companies such as Evoqua Water Technologies LLC, Evonik Industries AG, Solvay, and Stepan Company are highly focused on launching new disinfectants in the market and gaining approval for the new products.

What is the Expected Future Outlook for the Overall Global FOOD & BEVERAGES DISINFECTION Market Across the globe?

The Global Food & Beverages Disinfection market was valued at USD ~billion in 2022 and is anticipated to reach USD ~ 15 billion by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022-2028. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Food & Beverages Disinfection market is driven by rising health concerns regarding food safety among consumers, especially in developing countries. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing collaboration and emergence of new products, the Global Food & Beverages Disinfection market is changing rapidly. For instance, In October 2022, Solvay announced that Actizone F5, an innovative 24-hour antimicrobial sanitization technology has now registered within all 50 states of the USA. Earlier in November 2021, the technology was launched in the EU and approved by the Environmental Protection Agency (EPA). The Actizone F5 is a ready-to-use broad-spectrum disinfectant for hard surfaces including food & beverage processing, packaging, and other equipment.

In February 2022, Stepan Company gained approval from Environmental Protection Agency (EPA) for five more disinfectants that are effective against SARS-CoV-2. These formulations kill the virus when used on hard, non-porous surfaces. Among the five, the two formulations named STEPAN Disinfectant Wipe and SC-RTU Disinfectant Cleaner were approved as effective against the virus with a contact time of 30 seconds. The approval helps the company in promoting its products among various end-use industries including food and beverages.

In February 2020, Evonik Industries AG acquired PeroxyChem, a USA-based manufacturer of peracetic acid and hydrogen peroxide, for US$640 million. The company aimed to expand its product portfolio as well as to enter the environmentally friendly disinfectant market.

The Global Food & Beverage Disinfection Market is forecasted to continue positive growth, primarily driven by the increasing prevalence of foodborne illness coupled with the rising concerns regarding food safety among consumers. Moreover, the stringent regulations laid by the government to ensure food safety is boosting the demand for disinfectants among food & beverage manufacturers. Though the market is highly competitive with ~150 participants, global players control the dominant market share.

To learn more about this report Download a Free Sample Report

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

Visit this Link: – Request for custom report

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 Market Intelligence, Refer To The Link Below: –

Global Food & Beverage Disinfection Market

Revenues of the cold chain market in Philippines rose to around PHP 14 Bn in 2019- What are the factors promoting cold chain market in Philippines in the upcoming future?

 Cold chain market is expected to witness significant increase in the number of companies, year-on-year thereby making the industry highly fragmented in the coming years, says a report by Ken Research

1. Road network in Philippines cold chain market- road network classification was established through Philippine Highway Act in 1953.

                               

Preferred Mode of Transportation in  Philippines

The road network classification in the Philippines was established through Philippine Highway Act in 1953. The memorandum approved in 2009 laid down guidelines for the classification of roads on the basis of their functions. According to Department of Public Works and Highway, total national road network increased from 32,000 km in 2014 to 34,000 km in 2019. The improvement in road connectivity has assisted in the operations of Philippines cold chain industry.

2. Current Trends in the Philippines cold chain Industry- Rise in consumption of packaged processed food.

                          

Interested to Know More about this Report, Request a Sample Report

Meat products such as poultry, fisheries and aquatic products such as shrimps, fishes, prawns and crabs were the most demanded products with nearly 60% of overall products present in the market. The market saw an adoption in packaged cold foods after the onset of covid-19. Due to prolonged restrictions on going out to markets, online delivery of food and cold chain products of various kinds saw a rise. The next most sold product was fruits and vegetables in the cold chain market.

3.The cold storage industry is experiencing a new wave of technological developments in Philippines.

                             

Visit this Link :- Request for custom report

 

With the growing competition in the market, the need for an efficient supply chain and cold storage services has increased manifold.

• The technology is used to load and unload trucks.
• There is a manual control device on every AGV Automatic Guided Vehicles, allowing it to be taken out of service for maintenance, or whenever manual operation may be required.
• AGVs can operate around day and night with the lights out in the freezer warehouse, which has a temperature -25 degrees
• The addition of AGVs in the warehouse meant a reduction in occupational health and safety concerns as well as eliminating human error.

Follow Us

Facebook | Twitter | LinkedIn | Instagram

The Philippines Road Freight Market is expected to Grow at a CAGR of 8% owing to Government Schemes such as PPP. Will the Projections Justify the Growth Rate? Ken Research

 The Philippines Road Freight Market is expected to capture a market share of over 36% by 2024 as a result of government measures aimed at resolving market glitches, says a report by Ken Research

1. Pain Points of the Trucking Industry in Philippines has been addressed by the Government Infrastructural Aid.

Click to Read Full Article: Philippines Road Freight Market

The government has added smaller projects as a part of ‘Build Build Build’ Program keeping on hold the bigger projects such as Linking bridges for Luzon, Cebu & Visayas. Government funded road projects and PPP are contributing to overcome the problems of the trucking Industry. Major projects including ‘Road Infrastructure Budge’ & ‘Public Private Partnerships’ have taken care of issues such as Limited cargo capacity, high logistics cost & Terminal congestion at various ports.

2. The Government is continuously revising the market regulations in order to remove glitches from the operations system.

Request a Free Sample to learn more about the report: Click here

The government is Formalising Processes in order to remove Glitches within the Trucking Business. This was mainly done in order to organise the unorganised market which will also result in less corruption, a smooth operations system. For instance, the government has mandated truckers offering services to customs ports to register under the bureau’s profile registration system.

3. Technology-enabled Transformation Roadmap will drive the Freight Forwarding Market to Grow to over ₱ 550 Bn in Next 5 Years.

Visit this Link: – Request for custom report

The market is expected to grow at a faster rate as a result of government initiatives & technological innovations. The market is expected to generate P 560 Bn in the next 5 years. Innovations such as Philippine Development Plan 2017-2022: Aims at making Philippine an upper middle class economy by 2022. Focuses on adoption of modern technology, innovation, infrastructure development and others which will aid the growth of this industry in upcoming years. Infrastructural Developments such as connecting Mindanao to Luzon with competitive freight rates to ensure high-quality, on-time service would give the industry a boost. The share of infrastructure expenditure in GDP was 4% in 2017 which is expected to grow to 6% by 2022.

3 Tailwinds That Will Make India Online Food Delivery Market to Generate Over USD 9 Bn by 2025. Will India be able to achieve That Mark?

 Buy Now

3 Tailwinds That Will Make India Online Food Delivery Market to Generate Over USD 9 Bn by 2025. Will India be able to achieve That Mark?

India Online Food Delivery Market is expected to grow at 32.3% during 2021-2025, owing to the rising annual spending by middle class household, as per the findings by Ken Research

1. Annual Spending by Middle Class Household in Tier II and Tier III cities has increased from ₹ 2,500 to ₹ 52,000, 108% increase on Fast Food Restaurants.

Click to Read Full Article: India Online Food Delivery Outlook

Focus has shifted towards Tier III and Tier IV cities; Small Restaurants dominate the market. Moreover, Average Order value is 20% lower, but is compensated by lesser economics of scale in Tier II and Tier III cities. In the future, 50% of the orders is set to come from Tier II, Tier III and Tier IV cities. In addition to this, annual spending by middle class household in Tier II and Tier III cities has increased from ₹ 2,500 to ₹ 52,000, 108% increase on Fast Food Restaurants. Furthermore, Home Made Food among Tier III and Tier IV cities expected to drive the market.

2. Rise in Migrant Working Population (20%) reason for increased demand.

To learn more about this report Download a Free Sample Report

The average age of the Indian population is 29 years, indicating that there is higher concentration of the target consumers in the market. There has been rising number of migrant workers in the capital cities in India (approximately 20%); ultimately, giving a boost to the demand of food delivery. The average cab cost for traveling 5 kms in India is ₹120. Cab cost added to the food bill (~₹300 for one person) while dining out is higher than the average order value of food ordered online (₹250). Hence, people prefer ordering food over themselves going out for dinner.

3. Adoption is increasing in Tier II, Tier III & Tier IV cities significantly with nearly 73 Mn users at present (2019).

Visit this Link: – Request for custom report

The urban population and tier2-3 cities in the north-west belt of India holds opportunity for the growth of the market. India’s rising urban population along with people of the age in range between 15-59 total of nearly 200 Mn smartphone users, presenting an opportunity to cater around 120 mn of market potential.

Future Outlook of Global Fitness Services Market: Ken Research

 Global Fitness Services Market By Subscription

The Global Fitness services market is segmented by Subscription into, 3 months, 6 months, 1 year and others. Majority of customer prefer to purchase yearly membership under organized fitness centers as majority of the market has been covered by the yearly subscription.

Global Fitness Services MARKET By Market Structure

The Global Fitness services market is segmented by market structure into organized and unorganized market.

Unorganized fitness centers dominate the global fitness services market. Number of unorganized fitness centers has been accounted more than, whereas organized fitness centers. Unorganized fitness centers contribute more than half of revenue as of 2021. Whereas, organized fitness services centers hold a small share in terms of number of fitness outlets as compared to unorganized outlets. Organized fitness centers have their major presence in urban areas only, whereas unorganized fitness centers have their presence in overall market which helps in dominating the sector.

Request a Free Sample to learn more about the report: Click here

Competition Scenario In Global Fitness Services Market

Global Fitness Services Market is at a growing stage, being driven by growing awareness about health among people, the rising availability of Fitness centers and clubs and rising technological developments in sports and fitness related equipment. The Global Fitness Services Industry in is fragmented with key players such as LA Fitness, Life Time Fitness, 24 Hour Fitness, and Anytime Fitness.

What is the Expected Future Outlook for the Overall Fitness services Market Across the globe?

The Global Fitness Services Market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Fitness Services Market is driven by The Global Fitness Services Market is largely driven by increased popularity of exercising throughout the globe and the internet, particularly among the younger generation. However, the market is also constantly being influenced by rapid development in tech enabled equipment, and product innovation.

Global Fitness Services Market is expected to extend significant development during the upcoming years attributable to the rising disposable income. The Global Fitness services market is expanding as a result of the increasing urbanization and rising standard of living. Additionally, Global share of the Fitness services Market will increase as a result rising Fitness awareness across the globe.

Visit this Link: — Request for custom report

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

• Fitness Equipment Manufacturers
• Fitness Equipment Distributors
• Fitness Centres
• Government Organizations
  Time Period Captured in the Report
• Historical Period: 2017-2022
• Base Year: 2022
• Forecast Period: 2022-2027

Major Players

• Impulse
• LA Fitness
• Life Time Fitness
• 24 Hour Fitness
• Anytime Fitness
• Tera Wellness
• Town Sports International Holdings, Inc
• Planet fitness
• The Bay Club Company
• Equinox Holdings Inc.
• Self Esteem Brand

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

Global Fitness Service Market

Automotive Lubricants in Malaysia is expected to Generate around MYR 12 Bn by 2025- Major growth drivers which will help the industry boom? Ken Research

 The Government of Malaysia through its National Automotive Policy is focusing on strengthening the capabilities of the domestic automotive industry and creating a mechanism to promote investments to ramp up the domestic production, says a report by Ken Research

 Passenger Car Motor Oil is the leading type of Automotive Lubricant in the Malaysian Market due to the presence of more than 15 Mn Motor Cars.

                     

Online Presence of Lubricant’s Companies in Malaysia

• Passenger car motor oil has the highest demand in Malaysia and contributed 5% of the total sales volume in 2020 because of the rising number of passenger vehicles on road on account of factors such as increasing population, rising income levels, improving road infrastructure and more.
• A focus of the government to decongest the roads of Malaysia and improving the public transport system has led to a rise in the commercial vehicles on road, resulting in the surging demand for Heavy Duty Diesel Engine Oil, making it the second largest category in automotive lubricants.

2. Online Presence in the Lubricants Market will provide for a huge opportunity for companies looking to grow by enhancing reach among consumers.

                          

Interested to Know More about this Report, Request a Sample Report

Companies in the Automotive Lubricant Market in Malaysia are making an official presence on e-commerce platforms such as Lazada and Shopee Mall.

Companies are also introducing home automotive maintenance services in partnership with workshops and garages increasing their sales of Automotive Lubricants in the country.

3. Demand for High Performing Lubricants will drive future of Malaysia’s Automotive Lubricant Industry.

                       

Visit this Link :- Request for custom report

Synthetic formulations are gaining popularity in Malaysia, largely due to performance benefits, including enhanced fuel economy and improved engine protection.

Consumers in Malaysia are increasingly shifting towards synthetics, despite their premium price, in order to better protect their vehicle what is considered a significant household investment.

 

Follow Us

Facebook | Twitter | LinkedIn | Instagram

The Global Hair Serum Market valued at USD 900 Bn in 2020. Will the market achieve a decent size during the forecasted period? Ken Research

 Buy Now

The market will be growing at the rate of 7% owing to active advertising campaigns, demand for organic hair care products & rising disposable income, says a report by Ken Research

1. Increasing demand for market innovation in Hair Serum market is driving companies to seek innovation in their new launches.

Major Companies in Global Hair Serum Market

Hair serum companies have been strategizing to expand their product offerings to meet the needs of customers as a result of which various new market entrants are expected to be seen in the Global Hair Serum Market. Furthermore, companies are also recognizing the changing consumer needs, thus introducing organic alternatives. The natural ingredients in these items will improve outcomes and minimize the risk of problems associated with scalps such as inflammation and itching. Organic hair serum products can produce vibrant results like enhanced hair shine, enhanced hair power, and reduced hair loss, expected to deliver significant value sales growth during hair serum market forecast.

Rising Disposable income alongside Advertising campaigns are driving the market for Hair Serums all around the globe.

Download a Free Sample Report

Rising disposable income on part of consumers is driving the market for Hair Serums all around the globe. In 2022, global disposable incomes and expenditure per household are both expected to grow by 2.6%. Furthermore, as per industry reports, over half of American population alone uses hair care products every day indicating a dire need to present themselves in a trendy way.  Apart from this, active advertising campaigns by various hair care companies is attracting the younger population.

Companies Covered:

• L’Oreal Paris
• Revlon
• Elizabeth Arden
• Unilever Plc.
• Proctor & Gamble
• Pattern
• John Paul Mitchell Systems
• Henkel
• Veolia

Key Target Audience:

• Females
• Millennials
• Younger Generation
• Individuals with Sensitive Skin

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 Hair Serum Market

Related Reports by Ken Research: –

Global Oleoresins Market Outlook to 2025

India Untreated Mosquito Nets Market Outlook to 2024

Indonesia Online Loan & Insurance Aggregator market has been growing at a Y-o-Y growth rate of >15%. Will Indonesia Online Loan & Insurance Aggregator market continue this growth trajectory? : Ken Research

 1. Internet Availability and Financial Services in Indonesia

Click to Read Full Article: Indonesia Online Loan and Insurance

Internet user penetration of ~40%, highlighting small internet user base, however, connected ones are highly tech savvy.

With mobile data being extremely cheap (~50% of other ASEAN countries), ~70% of internet users access it via mobile.

Occupying one of world’s largest digital audience of ~150 Mn, spending ~ 3-4 hours on social media every day.

On basis of usage top Social Media Platforms include YouTube (88%), WhatsApp (83%), Facebook (81%), Instagram (80%) & Line (59%).

Majority of population being unbanked, as of 2019 ~40% of population had access to banking services.

Opportunity for e-money brands with major spending on online shopping (84%), buying data vouchers for smart phones (47%), and paying regular bills (28%).

6x growth in number of digital finance apps since 2010, reaching total of 140 apps as of 2019.

2. Growing with 106 Fintech Lending Platforms registered under OJK Indonesia as of April 2019.

Request a Free Sample to learn more about the report: Click here

MSMEs have been main pillar behind country’s growth contributing ~60% to GDP (2019), however their development is often hampered with lack of credit opportunities provided by conventional sources

~70% of Indonesian population suffer from Credit Inaccessibility (2018) owing to limited physical outreach (outside Java region). Benefitting from high internet accessibility, fintech lending can be a perfect solution

Leading Banks like Mandiri, BRI, BNI are engaging in partnerships with fintech companies to acquire technological solutions (digital banking, AI & data analytics), e-payment services & reach larger audience.

3. Indonesia Insurance Industry attractive opportunity for investors with low penetration rate & high profitability.

Visit this Link: – Request for custom report

Insurance Penetration Rate: Indonesia’s insurance market consists of comparatively higher number of policy buyers given its high population.

Bancassurance Leading: According to Indonesia Life Insurance Association (AAJI) Bancassurance continues to be one of the most preferred choices growing at a rate of ~20% (January 2019) owing to the demand from financially literate banked population taking insurance for investment purposes.

Unicorn Partnerships: Leveraging on huge user bases of e commerce platforms & their established payment systems, banks collaborate with them to provide digital pathways to buying traditional solutions. In 2019, Allianz partnered with Bukalapak to provide “touch of a finger” insurance product.

Micro Insurance Products gaining Traction: Providing creative lifestyle focused microinsurance products with smaller premiums & limited coverage scope, these are sold at affordable prices of as low as IDR 10,000. According to OJK, ~22 Mn Micro Insurance policies were sold as of June 2019.