Pandemic Challenges Qatar's Retail Market, but FIFA World Cup Ignites Dining Scene: What's the Future? – Ken Research

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The Qatar retail restaurant market has faced significant challenges in recent times, grappling with the impact of the pandemic, shortage of staff, and more. These hurdles have left the industry in a constant struggle to stay afloat. However, a glimmer of hope has emerged on the horizon with the forthcoming FIFA World Cup, which has sparked a remarkable surge in demand for restaurants across the country.
What lies ahead for Qatar's restaurant market as it navigates through these challenging times and embraces the opportunities brought by the World Cup? Read more to find out what the future holds for this dynamic and evolving industry.

1. Pandemic, Short-Staffing Woes, and Rising Operational Costs have left the Restaurant Industry struggling to stay afloat in Qatar

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2. But the FIFA World Cup has remarkably increased the demand for restaurants, shopping malls, hotels, and entertainment platforms in the country

3. With the onset of the FIFA World Cup in 2022, Qatar has welcomed a wave of ~600 new restaurants like Fiko, Inara, Chariot, Ergon, Soy Tokyo, and many more

4. Also, Qatar aims to attract more than 6 million visitors in 2030 aided by Qatar’s National Tourism Strategy 2030 which will act as a catalyst for new hotels to be established in the country

5. Presently, increasing demand for luxury hotels, burgeoning residential development projects, and major government efforts to catalyze the tourism sector have been key drivers for restaurants & hotels

6. Besides it, Out of Restaurants, Malls, and Hotels, the Restaurants Segment is expected to witness higher footfall in the coming years and perform relatively better

Some of the Intelligence Curated by Ken Research in Retail Restaurant Market Space:

• Middle East Catering Market Outlook to 2027 Segmented by Services Type (Contractual, Non-Contractual), By End User (Healthcare, Hospitality, Corporates, Education, In-Flight and Others (Holy Sites, Events, Railways, Defense, etc.), By Region
• Bahrain Catering Market Outlook to 2027F By Type (Contractual and Non-Contractual), By End User (In-Flight, Oil & Gas, Hospitality, Healthcare, Education, Corporate and Others)
• Australia Catering Services Market Outlook To 2027F By Event Catering, Industrial, Education, Flight, Healthcare, Corporate, and Other Catering
• China Catering Market Outlook 2027F driven by increasing demand & innovative business Model
• India Catering Services Market Outlook to 2027F By Event Catering, Industrial, Education, Flight, Healthcare, Corporate, and Other Catering

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

Retail Restaurant Market In Qatar

Future Outlook of Global Electric Motor Industry: Ken Research

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What Is The Size Of Global Electric Motor Industry?

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

The Global Electric Motor Market is largely driven by rising environmental concerns and driven by favorable government policies, the adoption of electric vehicles is expected to witness a massive development during the forecast period, which is expected to be a key driver for the electric motor market.

The number of plug-in electric vehicles (PEVs), including battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), has been rising and is expected to continue having similar trends in the coming years.

Electrical motors have a widespread application in various sectors, including power, chemical, petrochemicals, and others, allowing them to diversify and strengthen their position in the global market. As the power demand has grown considerably across nations, the industrial sector has gained pace and developed technologies, such as combined heat & power (CHP), which has broadened the scope of deployment of electric motors in the industries and has led to a constant demand for the product in the sector.

The construction sector heavily influences heating, ventilation, air-conditioning (HVAC), and refrigeration equipment. Developing economies are the major countries indulged in the electric motor market growth.

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Global Electric Motor Market By Motor Type

The increasing automation in various industrial processes and the use of electric AC motors in diverse applications, such as healthcare, construction, automotive, and consumer goods, are expected to support the market growth.

Global Electric Motor Market By Voltage Type

Based on voltage, less than 1 kV is expected to have the largest share owing to the growing consumer spending for small appliances, coupled with increasing demand for small fans and pumps used in small equipment (Hairdryers, pumping machines, and others).

Global Electric Motor Market By Application

The residential usage of the electric motor is gaining importance because of the increasing demand for electric household appliances and increasing global purchasing power parity (PPP), which result from growth in consumption and modernization of various applications used in the residential sector.

Global Electric Motor Market By Geography

Asia-Pacific is the largest region and is also the fastest-growing region over the forecast period owing to the presence of several developing economies, such as China, India, and Japan.

Competition Scenario In Global Electric Motor Market

The smart home security market is highly fragmented due to low entry barriers. Some of the major companies are ABB Ltd. AMETEK Inc., Johnson Electric Holdings Limited, Siemens AG, Rockwell Automation, Toshiba Corp., Hitachi Ltd, and Toshiba Corp. Further strategic partnerships and innovations are the driving force for the industry, and the market is evolving faster in terms of technology and features.

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What Is The Expected Future Outlook For The Overall Global Electric Motor Market Across The Globe?

The Global Electric Motor market was valued at USD ~Bn in 2022 and is anticipated to reach USD ~Bn 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 market scenario for electric motors is upbeat on account of increasing energy consumption, expanding manufacturing industry, and growing automobile sector. Furthermore, the demand for electric vehicles has constantly been increasing over the last few years due to the rising government awareness programs to attain emission-free vehicles. The electric car stock grew at a CAGR of ~ during 2016-2020.

The growth is expected to continue during the forecast period, fostered by the decreasing cost of lithium-ion batteries and technological advancements, which has enhanced the speed of the EV and also increased the number of kilometers covered in a single charge.

Technological advancements have made electric cars and two-wheeler more feasible for city travel apart from reducing pollution and decreasing the dependence on fuels. Additionally, in a bid to increase the share of electric vehicles, countries are spending a tremendous amount of money to establish the required infrastructure, which is likely to increase the demand for electricity and electric motors.

The developing economies of the world, such as China and India, are some of the major hotspots for the electric motor business. In India, the rising disposable incomes, improving standards of living, and policy level support to augment the manufacturing sector are anticipated to drive the demand for electric motors.

Moreover, the residential usage of the electric motor is gaining importance because of the increasing demand for electric household appliances and increasing global purchasing power parity (PPP), which result from growth in consumption and modernization of various applications used in the residential sector.

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

Global Electric Motor Market

Related Reports by Ken Research: –

Global Used Vehicle Market Outlook to 2027

UK EV Charging Equipment Market Outlook to 2027

From Tradition to Trend: KSA’s Cafe and Coffee Chain Market Awakening: Ken Research

 The cafe and coffee chains market in Saudi Arabia is flourishing as coffee culture gains traction. The KSA Cafe Market is projected to grow at a CAGR of ~10-15% by 2027, showcasing the industry's promising expansion.

STORY OUTLINE

• The KSA cafe and coffee chain market is served by both national and international chains, with standalone outlets holding the majority of market share in terms of the number of establishments.
• Urbanization, a high proportion of urban population, and changing lifestyles are driving the demand for cafes and coffee chains in Saudi Arabia.
• The growth of the cafe market is fueled by millennials, particularly those aged 24-40, who are driving the trend of socializing in cafes.
• Government policies, such as the SAR ~1,100 Bn Expenditure Plan and initiatives by the Sovereign Wealth Fund, are driving a surge in consumer spending and promoting economic growth in Saudi Arabia.
• In March 2023, consumer spending in Saudi Arabia witnessed significant growth, surpassing SAR ~4 Bn per day, reflecting a robust increase in economic activity and expenditure.

In the 1990s, coffee shops emerged, introducing Saudi families to various Italian coffee, pastries like donuts, tiramisu, and cinnamon rolls. Branded coffee shops are set to gain substantial popularity throughout Saudi Arabia. The KSA café and coffee chain market is served by both national and international chains. Standalone outlets hold the majority of market share in terms of the number of establishments. Cafes accounted for ~10% of the total foodservice GMV in 2022.

1. Urban Buzz: Thriving Cafe Culture in Saudi Arabia.

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• The multicultural ambiance of Saudi Arabia, along with its sizable expatriate community, provides an opportunity for food chains from various countries to extend their reach and cater to diverse tastes.
• High proportion of urban population ~80% in KSA and resulting lifestyle changes will fuel the demand for cafes and coffee chains.
• The Kingdom is targeting an ambitious goal of hosting 100 Mn tourists per year by 2030 and increasing tourism’s contribution to GDP to 10%.

2. Millennials Fueling the Coffee Revolution in KSA.

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• The growth of the cafe market is propelled by a rising working-age population, particularly among individuals aged 24-40, who account for ~55% of the total population.
• The proliferation of chained cafes is driven by the growing trend of socializing in cafes, particularly among urban Millennials and the younger demographic segments of the population. This trend is contributing to the continued expansion of the cafe market.
• Large millennial population with high disposable incomes who are willing to spend on health are the attractive cohort of the customer for Acai Bowls.

3. Fueling the Economy: Government Policies Drive Consumer Spending Surge

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• KSA's SAR ~1,100 Bn Expenditure Plan for 2023 aims to promote growth, enhance spending efficiency, and prioritize investments in education and healthcare, stimulating consumer spending.
• KSA's Sovereign Wealth Fund launches 3 initiatives to empower private sector businesses, aligning with the nation's vision of diversifying away from oil, fostering local opportunities and economic transformation.
• In March 2023, consumer spending in KSA experienced remarkable growth as it surged past SAR ~4 billion per day, indicating a substantial increase in economic activity and expenditure.

In conclusion, the KSA cafe and coffee chain market is driven by a combination of factors including urbanization, changing lifestyles, and the influence of millennials. Government policies and initiatives are further fueling consumer spending and promoting economic growth. With the rise of branded coffee shops and the dominance of standalone establishments, the market shows promising potential for expansion and diversification.

The Fitness Showdown: Gym nation and Fitness First’s battle for Dominance in the UAE Fitness Market: Ken Research

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With tilting consumer preference towards Gym nation because of affordability, it is imperative to see the future market scenario for Fitness First & Gym nation

Storyline

• Inspiring tailored fitness solutions, global recognition.
• GymNation: Affordable fitness concept, rapid UAE expansion.
• Clash of Giants: Fitness First vs. Gymnation rivalry.
• As per Ken Research, Consumer preference to shape market dominance.

In the competitive UAE fitness industry, Gymnation and Fitness First have come up as dominant players. Gymnation, founded in 2018 under JD Gyms, prioritizes affordability and accessibility. Fitness First, established in 1993, is a leading global health and fitness chain with a strong presence in the Middle East. With both companies holding significant market share, the future scenario is something that brings a lot of curiosity. In this article, we uncover their current dynamics, strengths, and future prospects in the evolving UAE fitness landscape.

1.The story till date.

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Established in 1993, Fitness First has earned global recognition for its commitment to inspiring individuals to pursue fitness that’s tailored made for them. By providing top-notch training equipment, health solutions, and internationally accredited professionals, Fitness First helps customers achieve their fitness goals as per their desires. In contrast, GymNation, founded in 2018, identified the need for affordable fitness options and quickly filled the market gap. With their budget-friendly approach and expansive facilities, GymNation has become one of the largest fitness center chains in the UAE.

2.Market Presence is something to look out for.

Gymnation’s strong presence is marked by the fact that within 1 year of opening, the Al Quoz Gymnation facility reached 10,000 members and was not only the most affordable but also the largest gym in the UAE. Fast forward to 2019, the company opened 2 new gyms, in Bur Dubai and Ras Al Khaimah. It added another 4 gyms in 2020, in Mirdif, Dubai Motor City, Silicon Oasis and Khalidiyah Mall in Abu Dhabi.

Fitness First on the other hand, has over 70,000 members in over 56 clubs across 46 locations across the UAE, Bahrain, Qatar, Saudi Arabia, and Kuwait. The company goes way back to 1993 & has a strong presence in the UAE market.

3.The USP Battle?

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Talking about the USP’s, Fitness First as a brand comes from more than a decade long experience & their strong market presence spread over not only in UAE but also other regions is their unique selling point itself. Gymnation on the other, being a new player, is still trying to establish as a brand, expanding their presence & have already got favorable consumer preference.

Changing circumstances & ability to adapt to it has been fitness first’s another USP. For instance, as Covid-19 precautionary measures forced gyms to remain closed for a brief period, Fitness First launched an online platform called ‘FF on Air’ & the brand is now building bigger studios to meet demand in the post pandemic era.

Gymnation on the other hand, took advantage of the sheer size of their gym facilities & spaced equipments during the pandemic era. Both the companies have their own set of USP’s but affordability is something that is unique to Gymnation only which is also attracting a huge plethora of consumers & will provide added benefit to the company.

4.What’s next? Affordability or market presence?

The current market share of both the players is huge & both are expected to run for leadership in the long run. But the consumer preference is something that’ll decide the future course of action for the players.

As per our estimates at Ken Research, Gymnation’s affordability is something that will benefit them in the long run & this is also something that Fitness First has to look out for.

Global Dog Food Market Set to Surge, Eyeing USD 70 Bn by 2027: Ken Research

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Story Outline

• Growing Demand for Premium and Specialized Products: Pet owners are increasingly seeking high-quality, tailored dog food options that address specific dietary needs and breed requirements, driven by a focus on pet health and nutrition.
• Rise of Online Sales Channels: Online platforms have witnessed a surge in popularity, providing a convenient and accessible way for pet owners to purchase a wide range of dog food products, offering competitive pricing and doorstep delivery.
• Emerging Markets Offer Opportunities: Rapidly growing markets in Asia-Pacific, Latin America, and the Middle East present significant growth opportunities for dog food manufacturers, fueled by urbanization, increasing disposable income, and changing lifestyles in these regions.

1. What are the underlying reasons behind the growing trend of pet humanization?

As per the Pet Food Manufacturer's Association (PFMA), in 2021, 3.2 million households in the United Kingdom acquired a pet since the COVID-19 pandemic. Largely driven by Gen Z and Millennials, twothirds (60%) of new owners are aged 16-34, and 55% of new dog owners have children at home. Most UK homes have a pandemic dog, with 38% admitting that it is just like having a new baby, which suggests the extent of pet humanization in the country. This is massively increasing the growth of the market studied. The Brazilian dog food market has 150,000 retail establishments nationwide. More than 90,000 outlets sell dog food products. Of those total dog products retail establishments, specialty stores include 32,000, 80% of which are independent pet shops.

Global Raw Dog Food Industry Challenges

2. How growing trend of e-commerce is impacting the Dog food industry

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Globally, dog food has become one of the fastest growing categories online, next to infant and baby nutrition. Pet e-shops have strong potential for growth and may emerge as the second large distribution channel after physical retail stores. By developing functional, superfood-packed, better-for-you label dog foods and treats that offer more balanced options, Walmart debuted new dog food brands through online sales, redefining canine nutrition.

According to a study conducted by the American Pet Products Association in November 2021 (APPA), even if the pandemic were to cease hypothetically, 22% of pet owners intend to keep ordering goods online and having dog food, treats, and other items delivered to their homes.

3. The demand for high-quality dog food is on the rise.

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Natural products are gaining widespread popularity in China, increasing health awareness among people. Improved knowledge sharing across various social media platforms related to the potential toxicity of synthetic chemicals and other harmful materials also encourages sales of natural dog food. In addition to a desire to decrease their dogs’ carbon paw prints, pet parents are opting to purchase natural products to maintain or improve the health and well-being of their beloved companion animals. Even after being processed under high pressure to remove germs, raw pet meals must be refrigerated to retain palatability. Consumers must be cautious when handling the products to prevent spreading raw meat on surfaces and perhaps creating a breeding environment for disease-causing bacteria. By enhancing the meat’s shelf stability and handling ease, freeze-dried dog foods assist avoids these difficulties.

The global dog food market has experienced significant growth and transformation in recent years. The market has been driven by various factors such as the rising pet ownership rates, increasing awareness about pet health and nutrition, and the growing demand for premium and specialized dog food products. key trends such as personalized nutrition, functional ingredients, and sustainable packaging are expected to shape its future trajectory. Manufacturers are focusing on developing innovative and customized products that cater to specific breed requirements, life stages, and dietary preferences of dogs. Moreover, sustainability and environmental considerations are gaining prominence, leading to the a

Is It the Renaissance of Egypt’s Automotive Aftermarket? : Ken Research

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This whitepaper explores the resurgence of the Egyptian Automotive aftermarket, which is heavily influenced by the dominance of multi-branded workshops. The reasons for the consumer’s preference for unorganized multi-brand garages over the OEM’s (Original equipment Manufacturer’s) service providers were analysed. The impact of the imports of spare parts within the automotive industry were taken into context to comprehensively understand the industry’s ecosystem and its future outlook. Read on to discover what influences a positive market outlook of the Egyptian automotive aftermarket.

1. A boom in Egypt’s automotive aftermarket Industry is being fueled by expanding population, growth of E-commerce channels and favorable government initiatives

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2. However, increasing car prices, halting of imports and changing brand make-up of country’s four-wheeler fleet are the major barriers for the industry’s growth

3. But, the government of Egypt had announced an initiative to encourage consumers to replace old vehicles with new vehicles operating on CNG engines which indirectly helps to revive the Auto-aftermarket

4. As a result, the Egypt Automotive Aftermarket Service Industry is estimated to expand at a double-digit CAGR between 2021 and 2027E on the basis of revenue generated

Some of the Intelligence Curated by Ken Research in Automotive Aftermarket Market Space:

5. Global Electric Motor Market Outlook to 2027 Segmented by Motor Type (AC and DC), By Voltage Type ( Less Than 1 kV , Between 1 kV – 6 kV , Higher Than 6 kV), by Application( Commercial and Residential), By Geography ( Europe, Asia –Pacific, Latin America, Middle East and Africa
6. Netherlands EV Charging Equipment Market Outlook to 2027 Driven by Rising Demand for Eco-friendly Transport and Strong Government Policies and Incentives
7. UK EV Charging Equipment Market Outlook to 2027 Driven by Rising Demand for Eco-friendly Transport and Strong Government Policies and Incentives
8. KSA Automotive Market Outlook to 2027 Driven by rising influx of women drivers and domestic manufacturing in the KSA
9. USA EV & EV Charging Equipment Market Outlook to 2027 Driven by growing market driven by government support and customer drive towards cost-efficient mobility

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

Egypt Automotive Aftermarket

Philippines car rental market is in the growing stage, driven by the increase in disposable income and the rising demand from tourist activities: Ken Research

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With the Covid’19 pandemic getting over and removal of travel restrictions, the market is again picking up and is expected to continue growing in the coming years as renting a car for travel is faster and more convenient than public transport or other means to get around the city.

Covid Impact on Market: Before the pandemic, between 2017 and 2019, the market was surging at a steady rate as the service was becoming more popular among users due to its affordability and convenience and higher internet penetration. Post pandemic, the market demand was highly impacted and negatively affected. The long duration of lockdowns forced companies to lay off the vehicles to reduce their loss and hence, the fleet size decreased.

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Demand from Tourist Activities: With the travel restrictions and safety concerns, the tourist movement completely stopped. Along with that, offices were operating remotely, hence there was not much demand in the market. With the removal of travel restrictions, the market is again picking up and is expected to continue growing in the coming years.

Increase in Disposable Income: With an increase in disposable income of people from the previous year, the paying capacity of people have increased. With this people has been spending more than earlier on renting cars.

Analysts at Ken Research in their latest publication “Philippines Car Rental Market Outlook to 2027F - Driven by the increase in tourism and business activities along with deeper internet penetration and adoption of digital services.” observed that the Philippines car sharing market is expected to showcase considerable growth in the coming five years. In the upcoming years, it is predicted to expand more rapidly due to increased internet penetration and the adoption of smartphones. The Philippines Car Rental Market is expected to grow at robust CAGR over the forecasted period 2022P -2027F.

Key Segments Covered in the report

Philippines car Rental Market

By Type of Booking

• Online market
• Offline market

By Type of Car

• Small Cars(PHP 3500-7500 / Per trip)
• Medium(PHP 3500-7500 / Per trip)
• Luxury(PHP 7500+)

By Purpose

• Leisure
• Business

Philippines Car Leasing Market

By Type of Region

• Manila
• Luzon
• Visayas
• Mindanao

By Time Duration

• 1 year
• 2 year
• 3 year
• 4 or more year

By Vehicle Price Range

• Sedan(PHP 20000-35000
• SUV(PHP 35000-50000)
• Premium(PHP 50000+)

By Type of End User

• Corporate
• Retail Individuals

Philippines Ride Hailing Market

         By Type of Region

• Metropolitan
• Non Metropolitan

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Philippines Ride Sharing Market

By Point of Service

• Rest Area
• At Airport

By Type of Car

• Sedan
• SUV

By Type of Distance

• Short distance
• Long distance

Philippines Self-Drive Car Rental Market

By Type of Region

• Metro cities
• Non metro cities

By Type of Booking Channel

• Online
• Offline

By Usage

• Intercity
• Intracity

By Time Period

• 1-2 days
• A week
• A month

By Type of Car

• Standard (PHP 1500 + / per hour)
• Luxury (PHP 1000-4000/24hours)

By Type of Booking Period

• Weekend
• Weekdays

By Segment of Car

• Standard
• luxury

By Status of Ownership

• Owned
• Leased

By Point of Service

• At Airport
• Rest area

Key Target Audience

• Car Rental Service Providers
• Car Rental Companies aiming to establish in the Philippines
• Philippines Automotive Industries
• Government Bodies & Regulating Authorities
• Venture Capitalist targeting the car rental market
• Automotive industry association
• Car Manufacturers
• Existing Car Rental Companies
• OEM Dealerships
• New Market Entrants
• Investors
• Car Rental Associations

Time Period Captured in the Report:

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

Companies Covered:

Car Rental

• Diamond Rent-a-Car
• Luxicar
• Voyg
• Rent a Car ECLPI
• Avis
• Hertz
• SafeRide

Self-Drive

• Europcar
• Thrifty
• Juzzr Car Rental
• Hertz
• Voyg
• SafeRide
• VPI

      Ride Hailing

• Grab
• JoyRide
• Hirna
• Maxim

     Ride Sharing

• Grab
• Hirna

      Car Leasing

• Orix
• Avis
• Diamond Rent-a-Car
• Europcar
• Herts
• ECLPI Rent a Car 

Key Topics Covered in the Report

• Overview and Genesis of Car Rental Market in Philippines
• Ecosystem of Philippines Car Rental Market
• Business Cycle of Philippines Car Rental Market
• Timeline of Major Players of Philippines Car Rental Market
• Value Chain Analysis of Philippines Car Rental Market
• Philippines Car Rental Market Sizing, 2017- 2022
• Market Segmentations of Car Rental Market in Philippines
• Snapshots on different Car Rental Markets in Philippines
• Industrial Analysis of Car Rental Market in Philippines
• Competitive Analysis of Car Rental Market in Philippines
• Future Outlook and Projections of Car Rental Market in Philippines 

For More Insights On Market Intelligence, Refer to the Link Below: –

Philippines Car Rental Market Outlook to 2027

Related Reports by Ken Research: –

Vietnam Car Rental Market Outlook to 2027F

Belgium Car Rental Market Outlook 2027F

Revolutionizing Stem Cell Banking: How New Technology and Increasing Awareness Propel North America and Asia Pacific to Generate Over USD 6 Bn Combined in 2022. But What Does the Future Hold? Ken Research

 The Global Stem Cell Banking Market is moderately consolidated with competitive rivalry among the competitors. Some of the popular Stem Cell Bank brands like CBR, CryoCell, Life Cell, Cordlife, Vita 34, and Smart Cells compete on the basis of price, subscriptions, VAS, turnover time and inventory management.

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1. North America Stem Cell Banking Market Surges: Propelled by Increasing Prevalence of Chronic Diseases, Rising Adoption of Regenerative Medicine, and Growing Clinical Studies on Cellular Therapies.

• The applications of stem cell technologies in the treatment of diseases have ultimately increased the overall adoption rate of these technologies across the region. This has led to increased investments by market players in the development of novel therapies in this area.
• With the increased availability of clinical evidence, public awareness regarding the therapeutic potential of stem cells, the market is on the rise.

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• Rising investments and R&D from public and private organizations for the development & expansion of cell-based therapies are expected to drive the market.
• For instance, in January 2022, Cellino Biotech, an autonomous cell therapy manufacturing company, raised USD 80 Mn to expand access to stem cell-based therapies, healthcare spending increased by 3.4% in 2021, per the Health Care Price Index.

2.The Growth of Stem Cell Banking Market in Asia Pacific: Rising Prevalence of Chronic Diseases Spurs Novel Therapeutic Technologies.

• The stem cell banking market is growing rapidly in the Asia Pacific region due to increasing awareness on therapeutic potential of stem cells for various diseases.
• For instance, the Albanese Government is investing nearly $ 7 Mn in Australia for stem cell research that will enable live stem cells to be 3D printed in order to treat damaged body parts.

• The demand for stem cell banking is driven by rising prevalence for chronic diseases such as cancer, stroke, diabetes, and obesity in Asian countries.
• Stem cell led to development of novel technologies for the treatment of diseases.
• For instance, there were over 14,00,000 incident cases of cancer in India in the year 2022.

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

• Stem Cell Banking Companies
• Biopharmaceuticals Companies
• Cord Blood Banks
• Machinery and Equipment Suppliers for Stem Cell Banking
• Cryogenic Healthcare Equipment Manufacturers
• Biotechnology - Therapeutics and Diagnostics Companies
• Pharmaceutical Companies
• World Marrow Donor Association
• Cord Blood Association
• The International Stem Cell Banking Initiative (ISCBI) – PubMed
• Healthcare Research Institutes
• Healthcare Technology Research Institutes
• Healthcare Technology Regulatory Authorities
• Government Ministries and Departments of Healthcare

Time Period Captured in the Report:

• Historical Period: 2017-2022
• Base Year: 2022
• Forecast Period: 2022-2028

For more information on the research reports, refer to below link:

Global Stem Cell Banking Market Outlook to 2028

Related Reports By Ken Research: -

Middle East Post – Acute Rehabilitation Market Outlook to 2027

KSA Health Tech Market Outlook to 2027

Phoenix Market City Chennai: The Rising Retail Star - Unveiling Growth Secrets: Ken Research

 Phoenix Market City is a popular chain of shopping malls in India owned by the K Raheja Corp Group. Phoenix Market City is the top-choice shopping mall in Chennai, preferred by a majority of people for their retail and leisure needs.

STORY OUTLINE

• Prime Collaboration: Phoenix Market City Chennai, a joint venture of Phoenix Mills Ltd and Crest Ventures Pvt Ltd, targets brand-conscious consumers for an exceptional shopping experience.
• Diverse Product Mix: Phoenix Market City houses flagship stores of renowned brands, cafes, fine dining, and a food court with international and national brands.
• Unparalleled Entertainment: Luxe Cinemas and Chennai's only Imax theaters, along with a gaming area and playful attractions, provide endless fun for all ages.
• Customer-Centric Approach: Modern amenities, spacious walkways, cleanliness, and excellent customer service set new standards for a memorable shopping experience.
• Continuous Growth and Expansion: Since 2013, Phoenix Market City has consistently expanded, becoming Chennai's second-largest and India's fourth-largest mall. Exciting events at the central atrium captivate visitors.

Phoenix Market City Chennai is a collaboration between Phoenix Mills Ltd and Crest Ventures Pvt Ltd. Targeting brand-conscious consumers, these market cities aim to provide an exceptional shopping experience with top-notch products. Strategically situated in Velachery and covering an area of 0.09 Mn square meters, it caters to the growing affluent Indian population.

The mall offers a diverse product mix, featuring flagship stores of well-known brands catering to everyday, weekly, and monthly needs. It also houses cafes, fine dining restaurants, and a food court with a wide selection of international and national brands. Additionally, the mall provides unparalleled entertainment and leisure options, including a spacious, well-designed multiplex, and a Family Entertainment Center.

1. Bigger and Better: Unraveling the Vast Size and Layout of Phoenix Market City!

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Phoenix Market City in Chennai is one of the largest and most popular shopping malls in the city. It is situated in the Velachery area, a bustling and well-connected neighborhood, making it easily accessible to a wide customer base.

Phoenix Market City Chennai boasts a vast retail space, housing numerous national and international brands across various categories such as fashion, electronics, home decor, beauty, and more. The mall's layout is designed to offer a seamless shopping experience, with well-organized store clusters and convenient navigation.

2. Phoenix Market City Chennai Sets New Standards for Customer Experience

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Phoenix Market City places a strong emphasis on providing an enjoyable customer experience. The mall is designed with modern amenities, spacious walkways, clean facilities, and excellent customer service.

Phoenix Market City stands out as the top-rated mall, with the majority giving it an 'Excellent' rating for the overall experience, while Orion Mall predominantly received a 'Very Good' rating.

3. Phoenix Market City Chennai's Continuous Expansion

Phoenix Market city in Chennai, Tamil Nadu, India, is a shopping mall developed by Phoenix Mills Limited. Launched in January 2013, it stands as the city's second-largest mall and was ranked as the fourth largest mall in India in 2018. Boasting a built-up area of 1,500,000 square feet and a leasable retail area of 1,000,000 square feet.

Phoenix Market City sets itself apart with Luxe Cinemas, featuring 11 screens, and Chennai's only Imax theaters, offering a premier cinematic experience. Children are delighted with a gaming area, a Toy bus on the ground floor, and a Toy train on the second floor, providing endless fun for the little ones.

The central atrium comes alive with a plethora of live shows, events, music performances, and captivating shows. Visitors can always expect an exciting and dynamic atmosphere, adding to the charm of the mall's vibrant entertainment offerings.

In conclusion, Phoenix Market City Chennai stands as a premier shopping and entertainment destination, offering a diverse product mix, unparalleled entertainment experiences, and excellent customer service. Its collaboration between Phoenix Mills Ltd and Crest Ventures Pvt Ltd has paved the way for continuous growth and expansion. With its strategic location, vibrant atmosphere, and commitment to customer satisfaction, the mall continues to captivate and cater to the ever-growing affluent Indian population.

Saudi Arabia Implements Rainbow Toy Ban: Navigating Business Landscape amidst Changing Social Policy Norms: Ken Research

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May 2022 witnessed a recent regulatory compliance procedure within the rainbow toy industry in KSA. The action reflects Saudi Government’s ongoing commitment at addressing what they perceive as potential ‘LGBTQ’ references within the state boundaries with state run, ‘EL-Akhbariya’ TV expressing concerns about the messages being conveyed by rainbow-colored toys.

Storyline:

• As per Ken Research estimates, the long-term market unfolding is yet to be seen depending upon the market-business relations.
• Companies like Teeela, Kuwait based gifting giant has already sided with KSA after the former entered the market in August 2022 signaling a positive scenario for other brands eyeing the market.
• ‘Cooperation Strategy’ is what is expected to drive a positive market growth in long-term as market repulsion is not beneficial for players given the hug potential the region holds with an overall population of 9 Mn between the ages of 0-14 years.
• The move may introduce changes in product availability and consumer preferences as KSA is already heavily regulated market when it comes to toy industry.
• Regulatory compliance procedure was carried out in KSA’s rainbow toy Market banning all toys & accessories representing LGBTQ community in May 2022.

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1. Toys in Transition:’ The Road Ahead for KSA’s Toy Market amidst regulatory changes

KSA Toy Market Dynamics: Click Here

The long-term impact of ban on the toy market in KSA remains to be seen, as it may introduce changes in product availability and consumer preferences as KSA is already heavily regulated market when it comes to toy industry. Observing the evolving dynamics and market response will be crucial in understanding the lasting effects of this measure with ultimate effect on companies trying to enter the market or even look for expansion.

2. Navigating Cultural Dynamics: Unveiling Growth Potential and Collaborative Strategies in KSA's Thriving Market

Looking at growth potential & massive opportunities with an overall 9 Mn population within the age grownup 0-14 years, market repulsion is not in books as of now. ‘Cooperation strategy’ is what will open new arenas of product profitability as many other countries in the Gulf region have adopted similar approaches when it comes to addressing LGBTQ-related matters, reflecting their respective cultural and social perspectives. It underscores the shared strategies employed by these nations in managing and addressing such issues within their specific contexts. Business, therefore has to be approached taking into positive consideration the religious & cultural beliefs of the region.

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3. Exploring New Horizons: Teeela's Entry Sparks Interest in Saudi Toy Market Amidst Growing Industry Landscape

Furthermore, the entry of companies like Teeela, a Kuwait-based gifting giant, into the Saudi market in August 2022, has ignited curiosity among other players considering expansion into the Saudi toy market & although certain trends such as preference for 'hijabi dolls' and the requirement of 'G-Mark' conformity for toy imports exist in the country, the market's potential and development scenario are factors that ignite attention. This is evident from the presence of over 1k manufacturers, 10+ distributors, and 2k+ retailers currently operating in the region.

As per Ken Research, as of now it’s unclear as to how the new & existing players will position themselves in the rapidly changing industry landscape but if long term growth as well as a win-win situation has to be seen on both sides of the market, the key lies in navigating change & embracing the growth potential that lies ahead.

Major Players Mentioned in the Report:

KSA Toy Market Manufacturers

• MGA
• Jazwares
• Clementoni
• Melissa & Doug
• ELC
• Lego

KSA Toy Market (Major Distributors)

• Samaco Toys & Leisure
• Toy Triangle
• Toy City
• Child Toy
• Al- Khairat
• Toy’s
• ALGT

KSA Toys Market (Retailers)

• Virgin
• Danube
• Nibras Almuneer
• Game Store
• Dawoood
• Shobra
• Sako

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

• Retailers
• Distributors
• Young Kids
• Teenagers
• Toy Collectors
• Gift Shoppers

Time Period Captured in the Report:

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

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

KSA Toy Market

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