Friday, August 4, 2023

How is the Singapore Freight Forwarding Industry making a global impact? : Ken Research

 Singapore Freight Forwarding market is a dominating pillar in the Singapore Industry, with 2400 companies currently giving mostly sea and road freight services in and out of the country, with currently generating $16 Bn and planning for technological automation, digitization, global trade network expansion, for it is expected to grow at ~8% by 2028.

STORY OUTLINE

  • Singapore Freight market is currently rising its mode of shipment by road, improving technologies and expected to digitize the infrastructure in the coming years.
  • Sea Ports have been playing a major role in flourishing a smooth Sea Freight shipment.
  • International and Domestic Freights are increasing their shipment capacity, with help from the digitized infrastructure.

According to Ken Research, Singapore Freight Forwarding market is playing a big role in the maximum amount of shipment done both domestically and internationally, with maximum sea freights and road freights, constantly marking a growth annually.

  • From technological advancements, digital modification of the technologies to E-commerce improvement and expansion of the extensive network of global trade agreements, are paving the ways for future growth.

Currently, with the No-Land border agreement with neighboring countries like Malaysia, Thailand, China and Vietnam, Singapore is extensively regulating imports and exports, from and to those countries.

  • With the modernization and upscaling of workers by providing them with more jobs, the Freight market is making their mark in proficiently upgrading their sectors with both automated devices and proper man power.

1. Singapore Freight market is currently rising its mode of shipment by road, improving technologies and expected to digitize the infrastructure in the coming years.

Singapore Global Cold Chain Solutions Industry

  • Singapore Freight Forwarding market is rapidly enhancing its technologies, digitizing and automating them, enabling the essential freight forwarders to improve the operations, meeting the customer needs, safety and security of the goods delivered etc.
  • The Government, uses ~5% from the in order for the proper building and maintenance of the infrastructure, development with proper 5G connections and digitization technologies, providing a future prospect for betterment.
  • With trucks carrying more than 16,000 kg of commodities including agricultural products, livestock, textiles, footwear, electric equipment and food items, acquiring a 8% of the total revenue generated through the Freight industry. With the coming years, more number of Trailers (10 and 20FT), Heavy Trucks (>20T), and Light trucks are incorporated, so as to expand the shipment on a broader area.

2. Sea Ports have been playing a major role in flourishing smooth and secure Sea Freight shipment.

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  • With major players like T Freight Forwarders, Cosco Shipping (Singapore) Petroleum Pte Ltd., PSA International, Pacific International Lines majorly operating internationally and domestically, are constantly improving their number of ships. At the present times, there are 1100 vessels, with another 1410 vessels to dock at the port in the coming time.
  • On September 2022, the Prime Minister of Singapore, Lee Hsien Loong, has opened the initial phase of the Tuas Port, which was promised in the early 2012. Three more phases remain to fully complete this port, which once completed will be globally the largest fully automated port, with artificial intelligence, machine learning, better sensors, will allow the proper coordination and geotracking of even the vessels.
  • One of the major goal for this port is sustainability. The main moto was to make a singular location for the movement of all vessels and containers in order to greatly decreasing Green House Gas (GHG) emissions and reduce ship traffics. This enables more engagement towards shipment and become a centralized location globally.

3. International and Domestic Freights are increasing their shipment capacity, with help from the digitized infrastructure.

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  • The International freight is dominating the market in terms of revenue, average volume carried, crossing 300 Mn Tons, annual or quarterly increase in the number of trucks and ships to achieve more shipment to be conducted. With major players like DHL, Kerry Logistics, etc. shipping agricultural goods, chemical and electronic products, they are expected to make their increase with the coming years.
  • Currently, with the No-Land border agreement of Singapore with its neighboring countries, Malaysia, Thailand, Vietnam and China, high import and export is regularly maintained, growing the revenue with each new set of items exported to them. Only Malaysia is connected to Singapore by the Johor Singapore Causeway, which links the Johor Baru in Malaysia to the Woodlands in Singapore. This causeways serves as one the daily commutes passageway across border, with 350,000 commuters listed every day and also serves as one of the major water pipeline between the two countries.
  • Due to this agreement and with addition to the Free Trade Agreement with other countries, the freight sectors are coming up with advancements and faster coordination due to digitization of technologies. Now they will be able to keep track of the shipment and navigate the data with the shipment.

CONCLUSION

According to this article, Singapore Freight Market is consecutively making successful upgradation to its process, with a rise of 2.5% annually, they are rising steadily to the top. Once Tuas Port becomes fully operational, it will be able to handle 65million TEU (Twenty foot equivalent units), which will be more than the globally No.1 sea port in Shanghai, which can handle 60 million TEUs. With more successful advancements in technologies, government initiatives and digitization of infrastructure, the Singapore Freight market will grow exponentially by 2028.

Thursday, August 3, 2023

Beyond Labels: Global, Middle East & KSA In-Mold Labeling Market - Pioneering Aesthetics, Sustainability, and Cost-effectiveness: Ken Research

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With a rising inclination towards visually appealing no-label looks, businesses are embracing the innovative approach of in-mold labeling. This technique not only enhances product appearance but also promotes environmental sustainability and cost efficiency. As the market witnesses a paradigm shift, it becomes imperative to delve deeper into the driving forces behind its evolution.
To understand the growth story and explore the immense potential of the Global, Middle East, & KSA In-Mold Labeling Market, read more.

1. The global IML market grew by 2% since 2019; Europe leads the global IML market in 2022 owing to rising awareness on IML grades and molding technologies

Global, Middle East, & KSA In-Mold Labeling MarketRequest a Call with Expert to know more about the business model

2. Moreover, Sheetfed Printing Market in Middle East, which was highly import driven, turned domestic in last few years to diversify their investments beyond oil and reduce their dependency on packaging imports

Global, Middle East, & KSA In-Mold Labeling Market3. F&B segment, especially dairy, generates a huge demand for IML printing packaging; In Middle East and KSA, F&B and Industrial demand can be an opportunity for any new entrant in the market

Global, Middle East, & KSA In-Mold Labeling Market4. In the middle east, in-Mold labeling has seen gradual adoption in the market over the last two decades for several reasons like reduced overall manufacturing costs, market differentiation in graphics capability, etc.

Global, Middle East, & KSA In-Mold Labeling Market5. Al Ghurair made a recent venture into IML with the induction of a Heidelberg XL 106-10P in order to promote domestic printing services for the IML industry

Global, Middle East, & KSA In-Mold Labeling Market6. Recent investments, Global industry growth and Covid-19 are the recent trends observed in the middle east sheet fed in mold labelling market

Global, Middle East, & KSA In-Mold Labeling MarketSome of the Intelligence Curated by Ken Research in in Mold Labels Market Space:

  • Indonesia Plastic Pipes Market Outlook to 2027 Driven by increase in housing, high rise real estate development and establishment of new capital city in Indonesia
  • India Smart Water Management Market Outlook to 2027F Driven by growing end-user consciousness and government investments in technology
  • Brazil Plastic Pipes Market Outlook to 2027F By PVC Pipes (Plain/Vinyl PVC Pipe - Hydraulic PVC and Sanitary PVC, CPVC and MPVC), HDPE Pipes (Corrugated HDPE and Solid Wall HDPE), By End User Applications (Infrastructure, Irrigation, Sewer, Mining, Water Distribution and Others)
  • Australia Plastic Pipe Market Outlook to 2027F Segmented By PVC, PE and Others Pipes, By Organized and Unorganized, By Regions and By End User Application (Plumbing and Civil, Agriculture, Mining and Industrial, Telecom and Electrical and Others)
  • China Plastic Pipe Market Outlook to 2027F By PVC, PE and Others Pipes, By Organized and Unorganized and By End User Application (Plumbing and Civil, Agriculture, Mining and Industrial, Telecom and Electrical and Others)

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

Global, Middle East, & KSA In-Mold Labeling Market

Dhl Express Is Leading The Cep Egypt Logistics Market, Will It Be Able To Maintain Its Dominance In Future? - Ken Research

 DHL EXPESS is considered as the most trusting Logistics tracker and delivery company in logistics market in Egypt. Established in the year 1970 in Cairo, it has the most number of shipments annually. It plays domestically as well as internationally. Leading in the Logistics market, it has 31 hubs in all over Egypt.

STORY OUTLINE

  • DHL Express have the biggest platforms to manage their maritime, airfreight and other Freight forwarding networks resulting in its control over the Egypt logistics market.
  • DHL express is having joint ventures with Art d’Egypte and Audi volkswagon in Egypt and making the whole control in the market a real deal.
  • Constant expansion by adding 6 branches and strategic investment of EGP 350m, by DHL is securing its lead from other logistics market players and for upcoming times.

Egypt Logistics Market

According to Ken research, DHL express is the leading Courier Express and Parcel Egypt Logistics market player with over 850,000 shipments annually. Currently, DHL Express operates a network of 19 service points across Egypt.

DHL Express is also a key investor in the country’s local economy, with more than $33 million (EGP1 billion) in investments which is a showcase of domination of its control over the market.

  • Exploring in future ventures and collaborations with Ethaid rail and Behrain airport company is ensuring its top position in future of logistics market in Egypt.

1. DHL EXPRESS has management platforms for smooth logistics

Egypt Logistics Market

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  • DHL has services in all sectors, which include Airfreight, ocean freight, road freight, rail freight. It uses IoT and technology for smooth tracking and shipments. It spearhead retail automation and will be supporting e-commerce systems for postal services and fortifying Egypt as a major distribution hub for the African continent. This comes as a global strategy to work on more systems automation and enable digital transformation in the Egyptian market.
  • They also have digital integration with Adobe commerce. Shopify, Woo commerce and Prestahsop.
  • Moreover, the company already employs over 500 Egyptians for smooth operations and providing end-to-end solutions.

2. DHL Express future joining ventures is making it lead the chart

Egypt Logistics Market

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  • DHL Express Egypt collaborates with Art d’Egypte and acts as the logistics partner tasked with shipping and storing all pieces exhibited during the second edition of “Forever is Now”. This partnership sees DHL Express Egypt responsible for storing, shipping, and domestically transporting over 200 local and international artworks to be exhibited during the event.
  • According to the DHL express, their collaboration is increasing between DHL and the gas sector and energy industry in general. They own the largest share market from which 10-15% shares are on energy sector. Company is keen to develop its business in the Egyptian market due to the flourishing investment climate and business performance in Egypt.
  • Within the past five years, the company has achieved a growth rate of 50%. They invest more than $33 million in the sector and hence becoming the key investor in the market.
  • Audi Volkswagon Middle East announces collaboration with DHL in the Middle East including Egypt. In addition, they have ties with Ethaid rail and Behrain airport company for smooth import and export. Also they are working with Egypt Post to provide new and innovative services to stimulate rapid shipping traffic.

3. EXPANSION OF DHL IS ONGOING MAKING IT THE BIGGEST PLAYER IN THE MARKET

Egypt Logistics Market

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  • DHL Express operates a network of 19 service points across Egypt and is now constantly expanding, as DHL Express will increase the frequency of flights serving Egypt to enhance efficiency and boost trade connectivity.
  • DHL Express has almost 45% of the international express market in Egypt and they plan to expand further by increasing tourism.
  • DHL EXPRESS has 33 branches and six are ready to join them and thus easier for any logistical service available anywhere in Egypt. DHL continued its expansion plan in Egypt and invested EGP 350m, as part of our total EGP 500m investment, in the new cargo terminal at Cairo International Airport.

CONCLUSION

Following the article, we came to know that DHL Express is not only the oldest and trusted Egypt logistic market player but also an ongoing developing and updating firm. It has solid futuristic ventures, which would create a significant change in the market. Their constant expansion, which is undergoing makes it the biggest firm in current scenario of the Logistic market of Egypt. They have created a strong hold on this sector by taking constant strategic decisions to make it stronger. It has almost generated annual revenue of EUR 60.4bn in 2017 and is expected to rise ~5% every year.

What influenced the revival of Facility Management services in Egypt? : Ken Research

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This whitepaper presents a detailed analysis of the factors that have contributed to the remarkable revival of Egypt's facility management industry in the post-pandemic era.
Leveraging insights from industry analysis, growth drivers, and emerging market opportunities, this research provides a comprehensive overview of the key references that have shaped the resurgence of the facility management sector in Egypt.
By exploring the strategies, trends, and innovations that have driven this transformation, this whitepaper aims to equip industry stakeholders with actionable knowledge to navigate the evolving landscape and unlock new avenues for growth in the Egyptian facility management market.

1. Egyptian Facility Management is currently growing steadily, bouncing back after the hiatus of Covid

Facility Management services in Egypt

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2. The trend of integrating innovative technology such as BIM, ML, Smart Buildings, wearable technology, drones…

Facility Management services in Egypt

3.  …and advanced HVAC technology has fuelled the resurgence of the Facility Management industry in Egypt

Facility Management services in Egypt

4. Moreover, Egypt Vision 2030,Tech advancement, and Increased Spending on Infrastructure and Sustainability are major growth influencers which will further revive the Egyptian Facility Management Market in future

Facility Management services in Egypt

Some of the Intelligence Curated by Ken Research in Facility Management Market Space:

  • United Arab Emirates Facilities Management Market Outlook to 2026F– Growing market driven by rapid real estate expansion and tourism infrastructure development
  • Kuwait Facility Management Market Outlook to 2026F- Driven by Rising End-Users Awareness, Improving Technology and Government’s Strong Initiatives regarding Infrastructure
  • KSA Real Estate Service Market Outlook to 2026F – Driven by Development towards Vision 2030 and Sustainable Smart City Developments
  • KSA Facility Management Market Outlook to 2026F- Driven by the government initiatives to promote Tourism along with Saudi Vision 2030 and infrastructure developments in the country
  • Qatar Facility Management Market Outlook to 2026F- Driven by Rising End-Users Awareness, Improving Technology and Government’s Strong Initiatives regarding Infrastructure

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

Egypt Facility Management Market

DHL vs FedEx: Redefining Global Logistics with Innovation: Ken Research

 DHL holds 55% market share in the international express market. FedEx aims to support smaller & medium enterprises in various countries with personalized logistic solutions.

DHL Logistics in Australia started in 1972 with a small, inspiring team of 5 women employees. Currently it operates in more than 220 countries & territories worldwide cross-border pickup-and-delivery services through road transport & air. While FedEx is another global logistics company which established in 1989 which provides air cargo & other services to transfer shipments as quickly as possible with clearances.

Story Outline

  • DHL has a strong market connect with Australian and other market traders as it holds a 55% market share in the international market. DHL’s target regions include New Zealand, Europe, UK & South East Asia.
  • FedEx aims to support local economies in regions like the Middle East, East Africa & Australia with initiatives like biweekly flights between Singapore & Sydney. They focus on boosting air freight demand for small & medium enterprises in Southern Australia for faster delivery options
  • Both DHL & FedEx leverage technology like robotics & automation to improve efficiency whereas FedEx uses SenseAware device for precise in-transit tracking.
  • According to Ken Research, top logistics companies like Linfox & DHL have offices all around the country to facilitate smooth functioning.

1. FedEx & DHL Revolutionize Australian & Global Markets

Australia Logistics Market

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For DHL, New Zealand was the most targeted market was New Zealand with 67% of traders actively trading with this region. North America (57%), Europe (43%), the UK (42%) & South-East Asia have been top destinations. In the international express market, DHL holds a market share of 55% as it connects Australia with the rest of the world.

FedEx aims to support local economies in countries in the Middle East, East African & Australian regions. In 2021, they announced biweekly flights between Singapore & Sydney, located in Australia. Singapore stands as the fourth largest trading partner with Australia & largest two-way trading partner. In FY 2022, FedEx Express Shipment Volume in Singapore increased to 22 percent.

DHL has a stronger market share in connecting markets with other countries whereas FedEx aims to support local economies in various regions.

2. FedEx Boosts Air Freight, DHL Aims to Establish Road Dominance in Australia

Australia Logistics Market

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In their recent offerings, FedEx is playing a role towards increasing air freight demand for small, medium enterprises (SMEs) in Southern Australia region such as Barossa Valley, Adelaide Hills enjoy faster delivery. This increased capacity enabled one-day delivery to 130 additional pincodes, as they provide personalized solutions for SMEs.

This gateway specializes covers about 64,000 square meters. It is equipped with 435 metre conveyor belts & an automated sortation system which can sort 10,000 packages every hour.

DHL in Australia specializes in road freight in Australia. Lately, they have acquired Glen Cameron, another leading company offering road freight & contract logistics & they’re set to become a leading logistics firm in the country with a combined revenue of A$1 billion (690 million US Dollars).

According to Ken Research, companies in the Australian logistic market like Lindsay, Wiseway & FedEx have their own fleet size, which majorly includes trucks & trailers.

3. DHL and FedEx Embrace Robotics, Mobile Apps to Improve Customer Experience

Australia Logistics Market

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DHL Solutions had announced that they will be making $150 million investment towards warehouse robotics solutions & automations at Australian warehouses to support faster delivery, improve operational efficiency & reduce employee workload.

In addition to the investment, DHL has adopted digitalized mechanisms in their operations through their On-Demand Delivery Services tool, My DHL+ for shopping business via online app & DHL Express app to track & manage shipments.

On similar lines, FedEx has established a precise form of in-transit tracking device called SenseAware. This multi-sensor device can easily track your shipment from the moment it is packed to the time it is delivered. It tracks the current location, accurate temperature, light exposure, relative humidity etc. and the collaboration tools help in immediate issue resolution.

Both these logistic companies are making the best use of technology to make sure that the operational efficiency is maintained for a satisfactory consumer experience.

4. Comparing E-Commerce Solutions: DHL Logistics & FedEx International Connect Plus

Australia Logistics Market

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Through DHL Packet International & DHL Plus Packet International in Australia, these enable to reach customers worldwide by high-value & cost-effective shipment procedures for B2C section.

While FedEx hasn’t made major investments, they have similar systems when it comes to providing e-commerce solutions. Through FedEx International Connect Plus, you can choose competitive speed with attractive prices to meet the customers’ needs, along with API Integration, customer clearance & real time tracking for end-to-end visibility.

Conclusion

FedEx and DHL aim to revolutionize the Australian & global markets through their innovative approaches & investment in technology. DHL has established a strong market share by ensuring that local economies thrive in this region. Both companies are actively leveraging technology to improve operational efficiency & customer experience. With their strategic investments & advanced solutions, FedEx and DHL are poised to continue customer growth & delivering values to businesses.

The Philippines Data Center Market is Expected to Reach $600 Mn by 2027: Ken Research

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The Philippines a country located in southern Asia has witnessed remarkable growth in the field of data center market. With 84.6 Mn smartphone users currently the data market revenue of the country is at an all-time high. The Philippines currently have a total of 26 data centers and it’s expected to grow more in the upcoming years.

Story Outline

  • The Philippines has emerged as one of the fastest-growing markets for data centers in the whole of Southeast Asia in recent years. Its data center market is expected to grow at double CAGR in the upcoming years.
  • Manila capital of the Philippines is the main and most important region of the Data Center Market in the country.
  • Philippines is embracing digitalization by receiving assistance from cloud providers like Amazon web services, Google, and Tencent Cloud

1.Easy access to the internet is the reason behind the growing data center market.

  • Almost 67% of the Philippines population has access to the internet which results in 76 Mn active internet subscribers as of 2022.
  • The internet subscribers of the Philippines are supposed to be 92 Mn in 2027 whereas smartphone users will rise to 93 Mn.
  • This rapid change in digitalization will further enhance the data center market of the Philippines and will attract more and more investors to the market.

Philippines Data Center Market

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As per Ken Research, the Philippines data center market is expected to reach ~ 600 Mn USD by 2027 owing to reasons like heavy internet penetration in the country and a wave of digitalization. Currently, the market is growing at a CAGR of 7.9% between 2018 – 2022.

2.Digitalization in the country influencing the data center revenue

  • Filipinos are considered the heaviest users of the Internet and social media in Southeast Asia which is one of the factors why the data center market is growing rapidly in the region. Currently, the Internet penetration rate is ~73.1% in the country.
  • Digital payments are also one of the major contributors to growth in the data center market of the Philippines. When it comes to making online payments around 23% of male and 26% of the female population have actively used digital modes of payment in 2022.
  • As of 2020, almost 25 Mn local population was using mobile wallets for digital payments. Domestic companies like GCash and Maya were leading this market in the Philippines. Around ~26% of retail transactions were recorded in the year 2020. In 2021, 61 Mn users of digital payment methods were recorded in the country.
  • In the year 2019, the central bank of the Philippines “The Bangko Sental ng Pilipinas” launched QR PH for peer-to-peer (P2P) payments. Just three years later in 2022, users of this payment method increased by 70 percent. Heavy internet penetration and a wave of digitalization are some of the major reasons behind this huge jump in P2P payments.

Philippines Data Center Market

3.Key Players of the Data Center Market of the Philippines

  • ePLDT, Globe Telecom, Total Information Management, PHCOLO, Beeinfotech, and others are the major players in the data center market in the country.
  • ePLDT is the market leader with the highest market share. At the moment, ePLDT has 10 world-class data centers across the country and rules more than half of the data center market.
  • In addition, the firm is planning to launch its 11th and most advanced data center in 2024 with a 50 Mw capacity. President and CEO of ePLDT Victor S. Genuino recently disclosed plans for the company to establish a 12th data center facility in the nation.

Philippines Data Center Market

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4.Future of the Data Center Market in the Philippines

  • The market is further projected to witness major investments by new entrants. It is estimated that by 2028, the data center market of the Philippines is trying to double its data center market capacity by increasing the number of data center facilities.
  • Leading player of the market ePLDT is planning to launch its 12th data center in the region with a capacity of 100 Mw.
  • Philippines as a data center market is on its path to digitalization and cloud providers like Amazon web services, Google, and Tencent Cloud are assisting and helping the country in this transformation.

Philippines Data Center Market

5.Major Government Initiatives for the Data center market in the country

  • One of the major factors behind the growth of the data market industry in the Philippines is the supportive cloud policy by the organizations.
  • The pandemic of Covid-19 has also forced businesses to shift towards digitalization in recent years.
  • Growth of the e-commerce sector and investments of foreign players like Beeinfotech and Alibaba has also enabled the market to grow significantly. Alibaba has committed to invest around $1 Billion to develop the Philippines’ digital pool in the next three years.
  • On the other hand, in 2022, Beeinfotech launched a data center facility in the Philippines with an investment of around $100Mn to boom its cloud services in the region.

Conclusion

The Philippines is a growing market for the data center in southeast Asia and the development of the data center market in the country in recent years is showing that it can become a hub of data centers. With 84.6 Mn smartphone users and 76 Mn active internet users shows how fast the country is heading towards digitalization. The wave of digitalization will help the country to enhance its strength of data centers in the coming years. Along with current market players data center market of the Philippines is expected to receive huge investments from foreign investors also in the next five years.

How Singapore Logistics Market is aiming to keep itself globally at No.1? : Ken Research

 Singapore logistics market, is projected to achieve ~7%, by 2028, owing to its enlarged networks of Free Trade Agreement (FTA), having more than 25 major trading partners to enhance the access to major markets, and also an increase in the transport and e-commerce section, shifts the weightage towards Singapore.

STORY OUTLINE

    • Singapore Freight and Logistics market are paving the way towards an allover growth of the market.
    • Singapore has an enlarged network of Free Trade Agreement, having more than 26 trading partners, increasing its access to large market sectors.
    • The rise in E-commerce sectors with the increase in internet and smartphone penetration.

Singapore Logistics Market

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According to Ken Research, the size of the Singapore logistics market is increasing its market growth every year, with increasing trucks, vans etc. for the transport sector.

    • An increase in the number of shipments going on in the E-commerce sector and due to the Free Trade Agreement, association of more than 26 trading partners sum up to avail the access of Singapore to the major market sectors globally.
    • Singapore Logistics market is one of the largest sectors in the country, effectively shipping and transporting products and shipping them to a large number of countries.
    • Increasing effectiveness and amount of workers and moving towards automation and digitization is among the main targets that Singapore aims to achieve in the coming time. In order to effectively handle large industry works through machines and automation techniques to achieve greater speed and efficiency in the future.
    • E-commerce line is another stronghold that the country is aiming to flourish as with the online shipment and delivery, tracking and proper delivery of the products are ensured and guarantees safety as the records are stored in data and allows people to track their shipment online.

1. Singapore Logistics market shows its versatility in through its ports.

Singapore Logistics Market

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    • Singapore is currently the home to the world’s largest shipment container port, which is linked to more than 600 ports With Singapore Changi Airport, voted to be the best port globally, serving over 6,800 flights to 330 major global cities, summing up the nation’s trade value to be ~3.5 times more than its GDP.
    • The PSA terminal of Singapore, has four 4 container terminals, 1 multi-purpose terminal and 1 vehicle transshipment terminal, carrying out a huge network of shipping workflow of 200 shipping lines, connecting 123 countries with vessels, with a frequency 60 vessels per day.
    • Built in a way to move cargo effectively around the globe, the cold chain facilities, warehouses and offices in Changi Airfreight Centre (CAC), coupled to the Airport Logistics Park of Singapore (ALPS), are well equipped to handle all types of shipment and storage of the data, handling over 97 million metric ton annually.

2. Singapore has an enlarged network of Free Trade Agreement, having more than 26 trading partners, increasing its access to large market sectors.

Singapore Logistics Market

    • Other Free Trade agreements like Singapore-United States Free Trade Agreement (USSFTA), Singapore-Japan Economic Partnership Agreement (SJEPA), and many more to reduce the tariffs on trade, investments and other governing techniques, allowing the country to successively grow with other countries such as Japan, United Kingdom, United States of America etc.
    • SAFTA or Singapore-Australia Free Trade Agreement is free trade agreement, aims for the elimination of tariffs on goods traded between Singapore and Australia, also covering trade in services, government procurement,
    • Singapore is a currently in a contract agreement with the Association of South-East Asian Nations (ASEANS). This established a regional FTA called ASEAN Free Trade Area (AFTA) which includes countries like Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar expanding the shipment reach to all these countries.

3. The rise in E-commerce sectors with the increase in internet and smartphone penetration.

Singapore Logistics Market

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    • Singapore’s Minister of Trade and Industry, Chan Chun Sing, introduced an innovative strategy of changing Singapore’s digital infrastructure, mainly the digital connectivity, data analytics, payments system The key goal will be to transform the industry into a 5G infrastructure, to receive larger and better bandwidths, enabling a 5% increase in the capacity to handle large e-commerce orders and keep a proper track of them.
    • The country signed the World’s first digital- only trade agreement via the Digital Economy Partnership Agreement (DEPA), with New Zealand and Chile, aiming to form an international frameworks to support the businesses which are engaging in nationwide digital trade and e-commerce.
    • With the increase in the number of users buying goods from online stores, shipment and delivery increases hand to hand. Since almost 92% of the population in Singapore are having smartphones, smartphones and internet penetration has risen by 94%.

Conclusion

According to this research, a strong increase in the number of warehouses to the number of ships and ports, are a result of the extensive network of Free Trade Agreements with many countries, increasing number of infrastructure with high speed bandwidth and 5G connectivity, enabling online purchase with proper delivery tracking and data storage, via the internet, resulting in an overall market expansion and people’s engagement towards the market.

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

Singapore Logistics Market

Mobile Robots Revolutionize Picking Accuracy and Productivity in warehousing automation: Ken Research

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Automation is the use of machinery, software, and control systems to increase operational efficiency. It usually refers to operations that must be carried out at a warehouse or distribution centre and call for little human involvement.

Storyline

  • Mujin and Geek+: Revolutionizing Order Fulfilment with Collaborative Robots:

Mujin and Geek+ partner to showcase an advanced order fulfilment solution at Manifest, integrating pick and place robots with mobile robots. This collaboration enhances efficiency and value for end users.

  • Ocado Retail's Automated Warehouse Sets Productivity Standards:

Ocado Retail's fully automated warehouse in Andover demonstrates the power of mobile robot technology, processing millions of items and thousands of orders weekly. Automation and mobile robots are revolutionizing industries globally.

  • Rise of Automation: Enhancing Warehousing Efficiency:

Collaborative mobile robots optimize picking accuracy and productivity, transforming the warehousing industry. Streamlined order fulfilment and seamless integration with automated systems redefine efficiency in warehouses.

Introduction

A warehouse is the place, building or industrial plant where goods are manufactured, handled and/or stored before distribution, use or subsequent sale. Each warehouse is different in terms of its structure, capacity or space, just as the activities that take place in it.

Whatever its characteristics, the fact is that the warehouse innovation ensures greater efficiency in production and, therefore, improves profitability.
Moreover, the concepts ‘warehouse innovation’ and ‘warehouse automation’ have a direct relationship with mobile robotics since, from the beginning, the development of this technology has been linked to the improvement of logistics processes in warehouses and factories.

1. Mujin, a leading provider of cutting-edge robotics technology

South Korea Warehouse Automation Market

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Mujin, a leading provider of cutting-edge robotics technology will showcase its innovative order fulfilment solutions at Manifest, a premier event focused on supply chain and logistics innovation. Mujin has teamed up with Geek+, a global leader in mobile robotics for logistics, to demonstrate a total order fulfilment solution featuring pick and place robots seamlessly integrating with mobile robots. This solution automates the process of creating mixed orders from single-SKU containers, delivering increased value for end users.

2. The new fully automated warehouse from Ocado Retail has shown how mobile robot technology increase productivity in warehouses

South Korea Logistics Automation

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Automation technology has come a long way. Ocado Retail’s new fully automated warehouse has demonstrated the potential of several new technologies—as seen by a big YouTube audience.

They call it “the hive,” or “the grid.” Or sometimes just: “the machine.” It’s a huge structure that fills a warehouse on the outskirts of Andover, a small and quiet town in southeast England. The hive-grid-machine is the creation of Ocado, a British online-only supermarket that’s made a name for itself in recent years designing highly automated warehouses and selling the tech to other grocery chains. When fully up and running, Ocado’s Andover operation will be its most advanced yet, processing 3.5 million items or around 65,000 orders every week. It’s also a perfect example of the wave of automation slowly hitting countries around the world. The tasks being undertaken by Ocado’s bots are so basic they’re best described by simple verbs — “lifting,” “moving,” “sorting” — and that means they exist in various forms in a range of industries. And when the price is right, someone will want a machine to do those jobs, too.

Conclusion

In conclusion, collaborative mobile robots are revolutionizing the warehousing industry by enhancing picking accuracy and productivity. The integration of mobile robotics with automation tools allows for seamless order fulfilment and increased value for end users. Industry leaders like Mujin and Ocado Retail have showcased the potential of mobile robot technology in improving warehouse operations. As automation technology continues to advance, the adoption of collaborative mobile robots will play a crucial role in optimizing logistics processes and driving efficiency in the warehousing industry.

Major Players Mentioned in the Report:

  • Daifuku Korea Co Ltd
  • SFA Corporation
  • Dematic (Kion Group)
  • SSI SCHAEFER Systems International Limited
  • Hyundai Movex Co. Ltd
  • SM Core Co Ltd
  • Geekplus Technology Co.
  • HAI robotics and LG CNS
  • AutoStore System Ltd
  • Hik Robotics

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

  • E-commerce Companies
  • Third-Party Logistic Providers
  • Potential Market Entrants
  • Freight Forwarding Companies
  • Warehousing Companies
  • Cold Storage Companies
  • Industry Associations
  • Consulting Agencies
  • Government Bodies & Regulating Authorities

Time Period Captured in the Report:

  • Historical Period: 2016-2022
  • Base Year: 2022
  • Forecast Period: 2023-2027

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

South Korea Warehouse Automation Market

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A partnership of Innovation: SSI Schafer & Brands for less introduce Automated Roaming Shuttle: Ken Research

Globally renowned logistics brand, SSI Schaffer, introduces an Automated Roaming Shuttle in Dubai. This state-of-the-art technology is set to revolutionize the retail logistics industry.

Storyline

  • As per Ken Research, customizable solutions drive growth and value in diverse industries.
  • Collaboration between Brands for Less and SSI Schaefer delivers transformative results.
  • The shuttle technology revolutionizes warehouse automation capabilities.
  • Groundbreaking automation solution enhances efficiency and storage optimization.

1. It’s all in the details: The shuttle is what has sparked the interest of industry experts

KSA Warehouse Automation Market

Also Read: KSA Warehouse Market dynamics

The groundbreaking solution comprises a VNA selective storage system for 4,350 pallets and an automated bin storage system with 123,000 totes. The technology which was implemented this year in May, was a result of a collaboration between Schaffer & Brands for Less promises to offer significant improvements in efficiency, storage optimization & cost reduction for businesses in the industry. A ray of hope was noticed amongst industry players as well as the company owners as the 6000 sqm facility in which the shuttle was introduced got itself ready to move ahead in a more organized manner. Aeyman Beydon, Deputy CEO & Group COO of Brands for less said in a statement, "We are extremely pleased with the results of our collaboration with SSI Schaefer, as this automated storage solution has significantly enhanced our warehouse efficiency, allowing us to serve our customers better and meet their increasing demands. The system's flexibility will support our expansion across the GCC, as well as our growing e-commerce business."

2. Milestone of Innovation: The Shuttle Propels Warehouse Automation to New Heights

KSA Supply Chain Automation Market

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Looking back at the warehouse automation industry, a major reason behind the fast-paced growth of the same has been Increasing demand for faster delivery amidst all the other factors. With the growth of e-commerce market alongside fast fashion trends & food & grocery demands, warehousing became a necessity rather than a want.

Going by the timeline, the period before 2010 witnessed an emerging automation sector with warehousing demand limited to Retail sector along with limited or no regulations & lack of cold storage facilities. Fast forward to the current scenario, companies are opting for automation facilities in almost every sector.

3. Transformative Synergy: A Paradigm-Shifting Partnership Propelling Warehouse Automation.

KSA Warehousing Automation Market

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Taking about the players in the industry, the collaboration between Brands for Less and SSI Schaefer demonstrates the transformative power of innovative technology in optimizing logistics operations. By implementing cutting-edge solutions, SSI Schaefer has empowered Brands for Less to enhance market position, meet customer demands, and achieve cost savings. As automation continues to revolutionize warehouse and logistics efficiency, SSI Schaefer's customizable solutions hold immense potential to drive growth and deliver value across diverse industries and businesses of all sizes.

Major Players Mentioned in the Report:

KSA Warehousing Automation Market (Warehouse Management System)

  • Sin7
  • Swiss Log
  • Aptean
  • Epicor
  • Finale Inventory
  • Manhattan Associates

KSA Warehousing Automation Market (Last Mile Delivery)

  • Aramex
  • Fetchr
  • Ancra
  • Shipa
  • Jeebly
  • Posta

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KSA Warehousing Automations Market (Piece Picking Robots)

  • Grey Orange
  • Handplus Robotics
  • Dematic
  • Universal Robots
  • Fizyr

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

  • 3rd Party Logistics Providers
  • Investors
  • Technology & Automation Solution Provider
  • Manufacturers
  • Warehouse Managers & operators
  • Retail & E-Commerce Providers

Time Period Captured in the Report:

  • Historical Period: 2016-2022
  • Base Year: 2022
  • Forecast Period: 2022-2027

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

KSA Warehousing Automation Market

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Wednesday, August 2, 2023

Phoenix Market City Chennai's Secret Weapon - Smart Strategies! - Ken Research

Phoenix Market City in Chennai employed various marketing strategies to attract customers and enhance their overall shopping experience. Chennai holds Phoenix Market City in high regard due to its strong reputation.

STORY OUTLINE

  • Phoenix Market City, owned by K Raheja Corp Group, is a top-choice shopping mall in Chennai, catering to the affluent Indian population.
  • The mall adopts Retail 2.0 through digital marketing, user-friendly apps, and customer feedback monitoring to enhance the shopping experience.
  • Strategic partnerships with brands, local businesses, and influencers expand the mall's reach and offerings.
  • Flagship stores of renowned national and international brands make Phoenix Market City a premier retail destination.
  • Vibrant events and promotions contribute to the mall's growth and create an engaging atmosphere for shoppers.

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. 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. Strategically situated in Velachery and covering an area of 0.09 Mn square meters, it caters to the growing affluent Indian population.

1. Experience Retail 2.0: Phoenix Market City Chennai's Digital Marketing Revolution

Phoenix Market City Chennai

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Utilizing digital platforms, social media, email marketing, and mobile apps to reach and engage with the target audience. This includes promoting special offers, events, and new store openings.

In an effort to instill customer confidence and adapt to the new normal, Phoenix Market City has seamlessly integrated innovative technology into their cross-platform app, Nhance by Phoenix. This user-friendly app can be easily downloaded from both the Google Play Store and App Store, enhancing the shopping experience for all customers.

Furthermore, the app leverages customer feedback monitoring, ensuring continuous development and improvement based on valuable inputs. This commitment to refining the app promises an exceptional level of customer service. Embracing technology as a powerful ally, Phoenix Market City stands as a guiding light in the entertainment space during the new normal.

2. Phoenix Market City Chennai's Dynamic Partnerships

Phoenix Market City Chennai forms strategic partnerships with popular brands, local businesses, and influencers to enhance cross-promotion, expanding its reach to a wider audience. This collaboration-driven approach strengthens its position as a retail destination and creates a mutually beneficial network.

Phoenix Market City emerges as the ultimate shopping destination, boasting flagship stores of esteemed national and international brands spanning various categories, such as Zara, Hermes, Lacoste, GAS, and more. Leveraging successful collaborations, it curates an unparalleled product selection, providing shoppers with an elevated and exclusive retail journey.

3. Events and Promotions Drive Chennai Phoenix Market City's Growth

Phoenix Market City Chennai

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Phoenix Market City offers a leasable retail area of about 1,000,000 square feet, hosting various retail stores, restaurants, and entertainment venues. Notably, around 65% of major events in Chennai find their venue at Phoenix Market City.

Creating a vibrant ambiance and attracting higher footfall, Phoenix Market City organizes frequent events, including concerts, fashion shows, and cultural festivals, to keep the excitement alive and customers engaged.

In conclusion, Phoenix Market City in Chennai has successfully established itself as the go-to shopping destination for the city's affluent population. By leveraging innovative digital marketing strategies, strategic partnerships, and vibrant events, the mall continues to captivate customers and cater to their evolving needs. With its commitment to customer satisfaction and dedication to providing an exceptional retail experience, Phoenix Market City remains a guiding light in the ever-evolving landscape of shopping and entertainment.

Phoenix Market City Chennai