Malaysia Automotive Finance market is expected to grow at 3% By 2026: Ken Research

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The Malaysian automotive industry is the third largest in Southeast Asia, and the 23rd largest in the world, with an annual production output of over 500,000 vehicles. The automotive industry contributes 4% to Malaysia's GDP.

Story outline

• Increasing middle-class population with higher disposable income drives automotive finance industry
• Malaysia's number of vehicle finance population reached~ 33.3 million, emphasizing the importance of personal transportation.
• Affordable car ownership facilitated by low interest rates stimulates market demand in Malaysia.

1.Rising population of middle class in Malaysia

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Malaysia having the total no. of population is around~ 32.2 million in year 2022 , with the growth rate of 1.09%  rising population every year.

The  group of people belongs to Middle class is about  40% in malaysia , earning the average salary of about  between RM 4,851 to RM 10,970 ( 1,485 dollars ) per month.

As per the expansion of the population in the country , the need for transportation has resulted in high demand for vehicles. And Malaysians' rising income levels have improved their spending power, driving up demand for cars. As a result, people seek financial aid to buy automobiles and realize their dream of owning a car, which in turn increases demand for automotive loans.

2.Growing no. of vehicles in Malaysia automotive industry

There are now more vehicles on the road than humans in Malaysia, with the growth rate of outpacing human population for the first time.

In Malaysia, the number of vehicles on roads grow from 15.2 million in 2019 to 17.3 million in 2021. With having the current population of 32.2mn, in Malaysia the number of the vehicle on roads grows up to by one million every year.

The automotive sales market in Malaysia, with its approximately 33 million inhabitants. Surprisingly, the Malaysian automotive market grew by more than 40 percent this year after it had declined for two years in a row due to the COVID-19 pandemic. However, it is unlikely that Malaysia would take over the other two ASEAN countries with much larger automotive markets.

With the growing demand for car, the auto finance market is expected to grow in the future.

3.Low interest rate on purchasing car in Malaysia

As Malaysia witness the rapid growth in the rise of middle class population in the country and increasing no. of vehicle in the country leads to the low interest rate for purchasing the car in the country.

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According to KEN RESEARCH , Malaysia Auto-finance Market is estimated to grow at a positive CAGR of ~3% in next 5 year, due to increasing demand for car and rising middle class population.

 4.Government Support and Initiatives in automotive industry

The automotive industry contributes just 4% to the country’s gross domestic product (GDP) currently. The government of Malaysia has launched The National automotive policy(‘NAP2020’). Under the NAP 2020, the government is targeting to grow that to 10% of GDP by 2030.

Malaysia Introduces Enhanced Auto Industry Incentives to Encourage Expansion among Local Firms, the government, through the Malaysian Investment Development Authority (MIDA), has evaluated and approved tax incentives valued at MYR 4.6 billion (USD 1.12 billion) involving 13 automotive projects since 2014. The extended and enhanced incentive is currently opened for application until 1 December 2025.

Thus, these government policies are helping the automotive industry in Malaysia.

conclusion

The rise of the middle class, an increase in the number of automotive finances, and government providing all contribution to the expansion of the automotive financing sector in Malaysia in recent years. Demand has been spurred by rising disposable income and middle-class desires to buy cars, while low interest rates have reduced the cost of auto ownership. The government's actions and policies will allow the automotive sector to flourish even more, which will help Malaysia's economy succeed.

ePLDT – The Company Behind Transformation of the Philippines Data Center Market: Ken Research

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ePLDT (Philippines Long Distance Telephone Company) is the ruler of fully integrated telecommunications and digital services in the Philippines with a significant market share. To expand its market share even more the company is all set to launch its 12^th data center facility in the country.

STORY OUTLINE

• ePDLT is the largest player in the Philippines data market center with a total of 10 data centers throughout the country. And with the 11^th facility that’s going to be functional by 2024.
• In addition to that the company has announced its 12^th and largest data center in the country with a capacity of 100 MW.
• ePDLT is the leading company in the data center market of the Philippines with a revenue of 214 Mn that’s around more than half of the market share.

ePLDT Leading Player in the Philippines Data Center Market

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According to Ken Research, ePLDT is the main provider of digital transformation services to Philippine businesses. Through its portfolio of Multi-Cloud and Data Centers, ePLDT intends to supply customized ICT services that will help businesses realize their vision for digital transformation by using the knowledge and top-tier telecommunications infrastructure of the PLDT Group.

• ePLDT is a subsidiary company of the Philippine Long Distance Telephone Company (PLDT).
• Supported by the Top-notch telecommunication infrastructure, experience, and expertise of the PDLT group, ePDLT aims to boost the Philippines’ economic growth by assisting local businesses to embrace digitalization through different data center solutions and innovative cloud.

The company was launched in the year 2001, Currently the company has a strength of 7000 employees all over the Philippines.

1. ePLDT has emerged as the leading firm in the Philippines data center market since its launch

ePLDT has the highest number of data centers in the Philippines. As of now, the company has a total of 10 data centers all over the country.

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• ePLDT’s President & CEO Victor S. Genuino has recently announced that the company is going to open a 12^th data center facility in the country.
• Genuino conveyed that its 12^th data center will have a capacity of 100MW. Through this new center, the company aims to increase its market share.

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2. By identifying the potential trends and strategies of the market, ePLDT emerged as a leading player

• ePLDT recognized the developing demand for data center services within the Philippines and entered the market at the correct time (2001), it picked up a competitive advantage over other companies.
• Building solid associations with worldwide data center suppliers or technology companies permitted a local firm like ePLDT to get to advanced innovations, framework, and best hones, hence improving its data center offerings.
• ePLDT contributed altogether to growing its data center infrastructure to meet the increasing demands of businesses for dependable and secure data capacity and handling solutions.

3. Support of PLDT (Its parent Company), enabled ePLDT to face market changes and obstacles

Continuous backing from the PLDT helped ePLDT to achieve its aims and objectives. As a result, ePLDT is the largest shareholder in the data center market with a 65% market share.

• With support from PDLT, ePDLT has managed to surpass its competitors like Globe Telecom, Total Information Management, PHOCOLO, and Beeinfotech.

• At the moment, it owns 10 globally certified VITRO data centers all over the Philippines and provides a total rack capacity of around 10000.

4. Competitive edge over its rivals

Out of a total of 26 data centers in the country 10 are owned by ePDLT. This shows the monopoly of ePLDT in the data center market.

• A total of 10 companies are active in the Philippines data center market but none has a base as strong as ePDLT.
• Currently, ePDLT has holds a major portion of the market value of data center which is around 65% of the total market.

CONCLUSION

ePLDT, as a subsidiary of the Philippine Long Distance Telephone Company (PLDT), has risen as the overwhelming player within the Philippines data center market over the years. By capitalizing on the developing demand for data center administrations and entering the market at the correct time, ePLDT secured a competitive advantage. The company's key associations with worldwide data center suppliers and the backing of PLDT empowered it to access advanced innovations and extend its data center framework, meeting the expanding needs of businesses for dependable and secure data capacity solutions.

With its broad portfolio of Multi-Cloud and Data Centers, ePLDT has gotten to be a key supplier of digital transformation services to Philippine businesses. Owning the highest number of data centers within the country and a showcase share of 65%, ePLDT holds a commanding position within the industry, altogether outperforming its competitors. As the company plans to dispatch its 12th data center office, ePLDT's commitment to development and customer-centric solutions is anticipated to assist strengthen its market authority and continue driving the Philippines' economic development through digitalization.

Indonesia’s Auto Finance Industry is expected to reach US$ 54 Bn by 2026 : Ken Research

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Indonesia’s auto finance Industry is steered through adoption of modified vehicle ownership attributes, monetary policies, surging automotive demand, and an assured future for e-vehicles. The market is bounteous with players like Mitsubishi Lease and Finance, Suzuki Finance Indonesia, Toyota Astra Finance, Daihatsu, Honda, and many more.

Story Outline

• Constant economic growth of Indonesia leading to higher disposable income and consumer spending.
• Due to high inflation rate of 4% and average annual income of 9870 USD, people of Indonesia are considering buying Auto financed Used cars to satisfy their need for a personal vehicle.
• The current Internet Penetration rate of Indonesia with 234 million current active users is helping car dealers in getting potential buyers on board.
• EV market is ready to explode and be the future of the Automobile industry, with government support, having more than 22% of world’s nickel deposits and Indonesia’s auto Finance Industry which will make E- Vehicles an easy option for customers to consider while buying Automobile

The Indonesia’s auto finance Industry, which is growing at an estimated  CAGR of 5-7% every year, is being driven by expanding digital advancements and an increase in finance aggregators. Indonesia's economy, which had a GDP of USD 1.19 Tn as of FY21 and a population of 277.43 million, grew at a CAGR of 4.3% from FY12 to FY22.

1. Consistent economic growth leading to high consumer spending benefitting Indonesia's Auto Finance Industry.

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The statistics here show the year-to-year GDP growth of Indonesia. As compared to 2021, the GDP of Indonesia grew by 5.31% in 2022. Indonesia continuous economic growth has led to upsurge in consumer spending and higher disposable incomes. As a result, Indonesia’s Automotive Finance Industry is showing promising growth.

As the population of Indonesia is constantly growing with approx. 277.43 Mn current population, which is leading to increased demand for personal vehicle. Indonesia’s Auto Finance Industry is providing an affordable and hassle-free solution to this rise in demand for personal vehicles.

Indonesia is the 15^th largest country by total area and has the 4^th largest population in the world. The Industrial sector is the largest contributor to Indonesia's GDP, between 2022-2023 the industrial sector of Indonesia contributed around 45% to its GDP.

As a result of this rapid population growth, the Indonesian automotive finance industry is expanding consistently at an estimated rate of 5-7% every year.

2. Used car market attracting more audience, providing affordable an option to consumers.

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The stats show the total number of vehicles sold in Indonesia from 2013-2022. Total vehicles sold in 2021 were 887,206. Out of these total vehicles sold in 2021 it is noted that 51% of these were new ones and 49% used vehicles were sold.

The inflation rate in Indonesia for 2022 was 4.3% and as of June it was calculated 4%. Also, the average annual income of Indonesia is around 9870 USD as of May 2023; these factors are the reason that people of Indonesia are considering to buy an used vehicle through auto financing to satisfy their need for a personal vehicle.

Nowadays, Automotive Financing is not only confined to only new vehicles; it also encompasses the financing of pre-owned cars, which attracts a different segment of buyers. People along with combining the benefits of auto finance options find it affordable to buy used vehicles to satisfy their need of a personal vehicle.

3. High internet penetration rate helping car dealers to find potential buyers.

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The number of internet users in Indonesia was projected to grow steadily by around 37 million users (16 percent) between 2023 and 2028. The current number of active users are 234 million and in 2028 total users are estimated to be 270 million. It is worth noting that the number of Internet users has grown steadily in recent years.

An estimated 36% of car dealers report that they focus exclusively on the Internet and online advertising for their vehicles. In addition, social media is also a tool that many individuals and car dealers are exploring. About 9% of dealers use Facebook and Instagram to promote their car inventory and connect with potential buyers.

The emergence of online car classifieds portals like Carmudi, Mobil88 and OLX has simplified the used car industry in the country. The market is more transparent and buyers have a wide range of brands and models to choose from in the comfort of their own home.

4. Is it all? No. Indonesia's is ready to explode in coming years, with government support and nickel abundance.

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Indonesia's EV market is valued at approx. $533.19 million in 2022. The size of the electric vehicle market is planned to grow at a considerate level, with the help of Auto Financing option People are finding it easy to buy vehicles in their budget with easy auto financing options.

With more than 22% of the world's nickel deposits Indonesia becomes the largest nickel producing country in the world by producing 8,00,000 tons of nickel in 2019. The largest nickel production sites are located in provinces of Central Sulawesi, Southeast Sulawesi, North Maluku, Kalimantian and Papua

Indonesia has created an ideal investment environment for electric car manufacturers. Indonesia's electric vehicle industry has been included in the government's latest priority investment list. Advantages such as share ownership and many tax incentives attract investors from all over the world.

Increase in demand of EV will help Indonesia Financial Industry to grow at a major level as environmental awareness is increasing day by day among people and buying an EV vehicle for an average salaried employee will be difficult which will directly make people switch to Auto Finance option.

Conclusion

Consistent economic growth, high internet penetration rate, growth of used vehicle consumer, and EV Market; is helping the Indonesia Auto Finance Industry to bloom and the industry is helping consumers to satisfy their personal vehicle need with affordable options. With a growing estimated CAGR of 5-7% every year; Indonesia auto finance market still needs to take care of constant rise in GDP and growth of EV market in coming years.

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Indonesia Auto Finance Market

How Australian Logistics Market is projected to drive country’s growth in 2023?: Ken Research

 Australia has always been a leading driver when it comes to adopting technological advancements. More than 600 logistics tech start-ups are developing in the country for faster transportation.

Government supports the logistics market intensely through their policies such as National Freight & Supply Chain Strategy which aims to ensure smooth transportation, along with technological advancements which include AI, Internet of Things (IoT) technology, drones, robotics which facilitate the process & reduce chances of accidents, thereby making it easy for the logistics market to grow.

Story Outline

• Government investment in infrastructure like Thriving Suburbs Programme is driving growth in freight forwarding revenue despite seeing a decline in 2022-2023.
• Logistics market in Australia is leveraging advanced technologies like AI, robotics and blockchain to improve efficiency, reduce accidents and enhance operational effectiveness.
• Australia’s active participation in international trade with significant portion of economy dependent on trading & foreign direct investment, highlights the importance of logistics industry in facilitating growth & connectivity.

1. Government’s Increased Infrastructure Drives Growth in Freight Forwarding Revenue

Recent trends suggest that government has increased the expenditure levels on infrastructure. In the Thriving Suburbs Programme, there has been an investment of $200 million where the investment is made for urban & suburban community infrastructure. Revenue for rail, sea & freight forwarding revenue has seen an annualized 1.1% increase over $11 billion dollars, despite a 0.6% decline in 2022-2023.

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2. Technology constantly transforming the Logistics Market in Australia

Logistics market in Australia is utilizing various technological advancement which includes AI, Robotics, Blockchain amongst other technologies. Many Asia-Pacific countries use a form of Internet of Things technology (IoT), IoT applications for inventory management, warehouse management, order management etc. Tools like AI & Machine Learning play a key role in recognizing the next steps towards increasing functionality in the region. More than a quarter of countries plan to invest in technology like drones (33%), robotics (30%), artificial learning & machine learning (29%). Using technologies will help seize opportunities, create competitive advantage and improve operational efficiency.

According to Ken Research, the Australian logistics market is adopting these technologies at a similar rate of 20 to 30 per cent to ensure an efficient process, reduce accidents & ensure that the work force is adequately trained to use these technologies.

3. NFSCS Policy for the Best Logistical Solutions for Australia

For the first time in 20 years, Australia government along with the inputs from the industry devised a multimodal freight strategy for:

• smarter & targeted infrastructure
• enabling improved supply chain efficiency
• better planning, coordination & regulation
• locating freights & performance data in a better way.

What National Freight & Supply Chain Strategy aims to achieve: safe, secure & sustainable operations, innovative solutions to meet freight demands, an adaptable & skilled workforce, a fit for purpose & regulatory environment.

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Various government policies like NFSCS, Special Economic Zones & 17 Free Trade Agreements (FTAs), increased use of technology to ensure smooth logistics process; these practices ensure that logistics across various sectors in Australia grows positively.

4. Australia’s Contribution in International Trade & Logistics in 2022

Australia is a major player in international trade market with 45% of Australia’s economy dependent on trading, with services & digital trade established as major areas of growth. Foreign direct investment (FDI) has grown by approximately 7% in the last decade & has now topped A$1 Bn dollar in the last decade & have attracted A$472-billion-dollar trade in 2021-22. The constantly evolving logistics industry ensures that the necessary goods are transferred across the international market which facilitates the country’s economic growth.

Keeping all these factors in mind, it can be said that Australia’s constant commitment to adopting technological advancement, seen through the emergence of over 600 logistic start-ups. This ensures faster & smooth transportation process. As there is sudden increase in users of ecommerce platforms and seeing Australia’s contribution in international trade, the constantly evolving logistics market can ensure economic growth & seamless global connectivity.

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.

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

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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

3. 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

4. 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.

5. 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

6. Recent investments, Global industry growth and Covid-19 are the recent trends observed in the middle east sheet fed in mold labelling market

Some 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)

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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.

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

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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

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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

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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

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

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

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
  

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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

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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

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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

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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

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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.

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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.

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 11^th 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.

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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 12^th 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.

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.