Tuesday, August 29, 2017

Global Duty Free Retailing 2015-2020: Ken Research

Duty free channel has produced notable growth over the last five years; however, it was far below its potential as the market was largely impacted by recession and the European crisis. Over the next five years, the market is expected to expand at a faster rate mainly driven by increasing number of international travelers, supported by growth of low cost airlines and new air routes across the world, modernization of airports, and new duty free retail space. In addition, organic growth in Asia-Pacific duty free market on the back of high Chinese spending and expansion of duty free retail space will contribute to the global sales.
Key Findings
Global will register CAGR of 6.7% during 2015-2020 with Asia-Pacific contributing to majority of the sales
South Korea is the largest market globally and will retain its position growing at a CAGR of 9.6%
India will be the fastest growing market at 20.7% during 2015-2020, followed by Japan, which will enter top 10 largest market list at the seventh position in 2020
Cosmetic and toiletries was the largest category in 2015 and is set to witness a CAGR of 7.9% during the next five years, driven by demand for Korean cosmetics, introduction of specialized concepts promoting higher customer engagement
Synopsis
The "Global Duty Free Retailing, 2015-2020" report, published by Verdict Research, provides analysis of current and forecast market data for retail sales in different product categories sold through duty free channel across the globe.
What else does this report offer?
Current market sizes and forecasts to 2020 by country and category; covers 50 countries and 20 categories, including clothing, consumer electronics, drinks, footwear, homewares, jewelry, watches and accessories, luggage and leather goods, packaged food, health and beauty, photographic equipment, printed media, sports equipment, tobacco, toys and games, and others
Market insights based on consumer trends and changing economic and demographic factors on a regional and country basis
International arrivals by country and top 10 source countries for international arrivals in top 20 countries
Retail sales and fastest-growing markets for duty free channel
Category level retail sales and forecast growth rates for each country
Competitive landscape covering market share of major duty free operators in the region and their five year duty free sales and trading update analysis, recent key events, and outlook
Key Topics Covered in the Report:
Global Duty Free Retailing Market
Global Duty Free Retailing Market Future Outlook
Global Duty Free Retailing Industry Research
Middle East Duty Free Retailing Market Analysis
Europe Duty Free Retailing Market Trends
Africa Duty Free Retailing Market Size
Global Duty Free Retailing Market Research Report
Global Duty Free Retailing Market Swot
Global Duty Free Retailing Market Growth
US Duty Free Retailing Market Revenue
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https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/global-duty-free-retailing-market-dynamics-retail/43354-95.html
Related reports
https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/duty-free-retailing-europe/47678-95.html
https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/duty-free-retailing-middle-east-north-africa/47677-95.html
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204
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Massive Investments in R&D of Vitamin B12 Supplements in Us: Ken Research

Every living organism in nature requires vitamins in minute quantities to maintain a normal metabolic activity. Vitamins are organic compounds that cannot be synthesized by the organism and need to be obtained through external sources. Thus vitamin is described as a generic descriptor for a group of chemical compounds or ingredients that have similar molecular structure and also possess the capability to perform the required vitamin-activity in any living organism. The chemical compounds or vitamin ingredients are known as vitamers. Vitamins are of thirteen known different types with each type having multiple vitamers. Out of which vitamin B-complex is categorized under a group of water-soluble vitamers that although co-exist together but are distinct in chemical structure and functions. The existing types of vitamin B are Vitamin B1, Vitamin B2, Vitamin B3, Vitamin B5, Vitamin B6, Vitamin B7, Vitamin B9, and Vitamin B12.
There is a continuous demand for vitamin B ingredients over the past two decades due to the modern lifestyles and diet patterns. Vitamin B disorders are due to genetic causes or processed food consumption. Vitamin B deficiency in the global population has led to a huge market for Vitamin B supplements and related food products. The key vendors in vitamin B market are Adisseo France, ADM, Amway, BASF, DSM, DuPont Danisco and Lonza Group. The factor driving the United States vitamin B market is the increased awareness of lifestyle diseases and due to the lack of validated studies on vitamin B, the market faces many challenges. The vitamin B market is categorised based on geography covering North America, Europe, Middle East, Africa, Asia-Pacific and rest of the world.
Vitamin B12, is also known as Cobalamin and is one of the available eight B vitamins. Vitamin B12 is a water-soluble vitamin that is naturally present in some foods and also available as a dietary supplement or a prescription medication. All the B vitamins help the body convert carbohydrates into glucose, which is used to produce energy and also help the human body use fats and protein. For a healthy skin, hair, eyes, liver and functioning of the nervous system, B complex vitamins are needed. The human body does not store vitamin B and it helps in the production of DNA, RNA, and the body's genetic material. Vitamin B12 works closely with vitamin B9 helping in the generation of red blood cells and to help iron work better in the body. Low levels of vitamin B12 can cause fatigue, shortness of breath, diarrhea, nervousness, numbness and tingling sensation in the fingers and toes. Severe deficiency of vitamin B12 causes nerve damage.
According to the research report “2017-2022 United States Vitamin B12 (Cobalamin) Market Report (Status and Outlook)”, the applications of vitamin B12 are in the fields of pharmaceuticals, F&B, animal feed, and cosmetics. The leading manufacturers of global vitamin B12 (Cobalamin) market are Sanofi, Hebei Yufeng Group, Hebei Huarong Pharmaceutical, Ningxia Kingvit Pharmaceutical and NCPC VICTOR. The granular vitamin B12 (Cobalamin) market in United States is segmented based on geography that includes USA, Canada, and Mexico.
The available forms of vitamin B12 are multivitamins (including children's chewable and liquid drops), B complex vitamins, and individual supplements. Vitamin B12 supplements are available in intranasal forms (administered through the nose), oral tablets, capsules, soft gels, and lozenges and are sold under the names cobalamin and cyanocobalamin. It was estimated that the Vitamin B12 (Cobalamin) market will grow at an elevated rate in the year 2017. This market is also expecting huge and whooping investments in research and development from the government in the United States and from private firms over the coming years. The varied lifestyle in the United States is expected to exhibit and encourage the Vitamin B12 (Cobalamin) supplements market by the year 2022.
Key Topics Covered in the Report
Global Vitamin B12 (Cobalamin) Major Manufacturers
Global Vitamin B12 Consumption Volume
Global Vitamin B12 Production Volume
Global Vitamin B12 Market Revenue
United States Vitamin B12 Market Analysis
Vitamin B12 Market Future Outlook in US
US Vitamins and Supplements Market Research
US Major Vitamin B12 Market Players
US Vitamins Market Consumption Analysis
US Vitamin B12 Market Research
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Related Reports
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Demand For Internet Of Things (Iot) Technology And Products: Ken Research

Internet of Things (IoT) is a network of physical objects interconnected through various network technologies. These physical objects communicate among themselves and also with the external environment whenever necessary through embedded sensors, actuators, and other devices that can collect or transmit information about the objects. Internet of Things (IoT) facilitates an interconnection of end-user devices and the underlying communication devices. This network combines hardware, embedded software, communication services, and IT services to create smart communication environments. This technology is applied as smart homes, smart shopping, smart transportation, and smart healthcare. Internet of Things (IoT) components include RFID, WSN, NFC, cloud services, gateways, data storage and analytics, and visualization elements that help in efficient monitoring and management of numerous interconnected devices.
Geographically the regions covered by Internet of Things (IoT) are America, Asia-Pacific and Europe, the Middle East and Africa. The leading competitors in the global Internet of Things (IoT) are Alcatel-Lucent, AT&T, Cisco Systems, Ericsson, Amazon Web Services, Apple, ARM Holdings, Bosch Software, Innovations, Freescale Semiconductor, General Electric, Google, Huawei Technologies, IBM, Intel, Microsoft, Oracle, PTC, Qualcomm and Samsung Electronics.
According to the research report “Internet of Things (IoT): Technology, Outlook & Significance 2017”, for the implementation of the Internet of Things (IoT) in any organization, Wi-Fi, mobile computing and network sensors are very crucial. Installing Internet of Things (IoT) will help the firms to track delivery, inventory, personnel management and infrastructure management, along with business benefits such as process automation, profitability enhancement and optimum utilization of workforce. The Internet of Things (IoT) is creating new opportunities in business such as new business models, real-time information, and diversification of revenue streams, global visibility and efficient, intelligent operations
The Internet of Things (IoT) helps organizations to create new value streams for customers, introduce processes that speed time to market, decides market performance, and answer rapidly to customer needs. Incorporation of Internet of Things (IoT) in organizations can capture more data related to the ongoing processes and products in a timely fashion creating new revenue streams, improves operational efficiency, and increases customer loyalty. The technology of Internet of Things (IoT) makes it easier for enterprises to view and establish business regardless of location, which includes tracking effectiveness and efficacy from all the supply chain. Today’s smart grid technology supplied to utility companies allows organizations to access autonomous information, make on-the-fly decisions on pricing, logistics, sales, and support deployment, etc.
The leading companies are developing the next generation applications that will address specific business needs from the wealth of data that will involve Internet of Things (IoT). We will be able to witness the new generation of applications such as predictive maintenance, loss prevention, asset utilization, inventory tracking, disaster planning and recovery, downtime minimization, energy usage optimization, device performance effectiveness, network performance management, capacity utilization, capacity planning, demand forecasting, pricing optimization, yield management and loading balancing optimization.
Majority of the health organizations are incorporating the Internet of Things (IoT) to lower medical costs and increase efficiency of health care. This technology offers more ability to accurately monitor patients who receive remote medical care and also offers the disabled individuals greater opportunities for independence outside of health care facilities. The Internet of Things (IoT) technology in the healthcare industry includes glucose monitors that track blood sugar levels continuously, remote vital signs sensors, radio-frequency identification tags that allow medical professionals to track patients and medical equipment, and smart pillboxes that monitor patient subjected to treatment and create reminders for patients to take their medication.
Home automation technologies involve Internet of Things (IoT) aligned with the use connected cameras and sensors to track and relay information to a user’s smartphone or other interface. Internet of Things (IoT) technologies incorporated in home automation helps consumers to lock or unlock their doors, activate or deactivate alarm systems, adjusting lights as per consumers’ particular moods and better energy efficiency, turn appliances on or off, order groceries and supplies, and regulate home temperatures. All of these home Internet of Things (IoT) features can be accessed from anywhere with an internet connection by using voice commands or a simple interface on a smartphone. This technology is more useful for disabled individuals and can be essential for them to maintaining a safe, healthy, enjoyable home life.
The increasing demand for the first generation of Internet of Things (IoT) products such as fitness bands, smart watches, and smart thermostats, for instance will increase drastically as component technologies evolve and their costs decline. The increasing demand for the first generation of Internet of Things products such as fitness bands, smart watches, and smart thermostats, for instance will increase drastically as component technologies evolve and their costs decline. The population worldwide will demand for smartphones with the rise of smartphone usage. The market trend of Internet of Things includes expansion of mobile network infrastructure worldwide.
Internet of Things (IoT) provides security for the sensitive materials that contained facility’s medical records and requires security from hackers and other IT breaches. The most innovative technologies in smartphones and tablets has suggest limited knowledge of Wi-Fi and Bluetooth technologies beyond the consumer electronics space for better results. Few applications of Internet of Things (IoT) include installing sensors in cars, physicians can use the information collected from wireless sensors in their patients’ homes to improve their management of chronic diseases.
The growth in Internet of Things (IoT) will witness an increase in number of smart connected devices. The major market challenge of the Internet of Things is the concerns over data protection and security. In the developing economies there is a rising demand for Internet of Things (IoT) with the rising technology and developments. It was estimated that the Internet of Things (IoT) industry will grow at a positive rate and the market for connected devices will grow drastically by the year 2020.
Key Topics Covered in the Report
Internet of Things (Iot) Market Research Analysis
Internet of Things (Iot) Market Demand
Internet of Things (Iot) Application Forecast
Internet of Things (Iot) Market Segmentation by Technology
Internet of Things (Iot) Market Segmentation by End-Users
Internet of Things (Iot) Market Growth Drivers
Internet of Things (Iot) Technology in Ecommerce Market
Internet of Things (Iot) Technology in Online Retail Industry
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Related Reports
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Monday, August 28, 2017

Online Retailing to Drive Massive Demand for German Women’s Wear: Ken Research

Women’s wear market in any country across the globe primarily caters to the outfits that include- Women's Nightwear, Women's Outerwear, Women's Swimwear, and Women's Underwear.
According to the report, “Womenswear in Germany”, women’s wear industry in Germany has reckoned for the majority of cumulative apparel value sales i.e. around 58% in 2016. Different varieties and ranges of collections have been found in the market if one compares it to the menswear market since German women ought to shop more than men in the country, even when it is not required. On the other hand, men in Germany are less likely to shop and make immediate on the spot purchases than women. However, a transition in this behavior is expected to be seen in future especially among younger generations and men in higher or highly visible work positions. At the same time, both menswear as well as womenswear has also faced similar challenges that have further led to a downfall in the sales value if compared to the past years’ performances. Women’s wear particularly has faced a stronger impact of the unfavorable conditions.
The retail sales of womenswear have prolonged to be dominated by the knitwear apparels in the country back since 2014. Knitwear jeans and trousers have been preferred much more by the German women and have accounted for great shares in the overall sales of the market in the past two years. However, with upcoming fashion trends it is expected that women would switch to other emerging styles in order to keep up with the modern changing lifestyles.
The brand named Hennes & Mauritz (better known as H&M) has persisted to lead the market in 2016 with a significant value share. The company besides providing a substantial product portfolio in accordance with the current demands and trends; also relishes a great level of perforation because of its extensive network of outlets and its evolving online platform. Moreover, products of this brand are offered at highly competitive prices in the industry which further contributes to its leading position in the market in front of other known expensive brand competitors.
An expensive competitive brand named Gucci has been currently dominating the mood of fashion in Germany and through its promotional campaigns; it has been successful in introducing the new concept of clothing being influenced “from the aesthetic of German 80s pop culture.” Following this, the brand named Givenchy has also adopted massive advertising techniques in order to promote its exclusive range of products in the market.
If one observes the country over the last few years, the practical appearance of trekking sandals and socks, which are complementary to the women’s wear, has prolonged to be an excellent trend. However, the marketing actions that mark the advent of fashionable clothing are undoubtedly on the turning point since now new romantic roots are being accepted by the people of Germany, which has anciently aimed at negligible styling. Certainly, there has been a rise in the appetite of women for buying more trendy and fashionable stuff.
It has been noticed that Germany accounts for the largest consumer base of apparels and footwear in Europe. Starting from H&M’s largest customer base to the developing options for online retailing, the country is all set to flourish well and relish success in future with the customers being satisfied by the ultimate level of convenience offered. New online concepts like- curated shopping, and mobile apps have recently assisted the market expand its retail value of sales. Even, the manufacturers and retailers are becoming immensely focused on online or multi-channel activities as they are able to well foresee the increasing demands that will spur the overall market.
Anyway, upcoming challenges including- the decreasing customer footfall in retail stores and unfavorable weather conditions in the country; will persist to threaten the value growth of womenswear in Germany but despite these, with the increasing popularity of online shopping and rising demands for more fashionable clothes supplemented with rising purchasing powers year after year; the German womenswear market is anticipated to register massive profits and proliferate healthily in the coming future.
Key Topics Covered in the Report
Germany Womenswear Market Research Report
Germany Women’s Apparels Industry Analysis
Germany Women’s Clothing Market Trends
Germany Upcoming Demand for Fashionable Women Clothing
Germany Womenswear Market Size
Germany Womenswear Market Trade Retailers
Germany Women’s Casual Wear Market Revenue
Germany Women’s Formal Wear Market Growth Opportunities
Germany Women’s Leading Fashion Brands
Germany Clothing and Footwear Industry Future Outlook
Germany Online Women Shopping Portals
Global Evolution in the Womenswear Industry
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Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Ameliorated Products to Boost the US Fragrances Market: Ken Research

Fragrances or perfumes are a mixture of essential oils, aroma compounds, water and/or alcohol that are used to enhance human body odour. A significant innovation has been experienced in the perfumes industry over the past few years. The perfumes with natural and renewable ingredients are of great demand and are getting a good traction with traditional perfume packaging methods.
Perfumes are available in the form of travel sprays and roller balls, which boost the perfumes market growth over the coming years. Perfumes with natural ingredients project a higher growth rate compared to perfumes with synthetic ingredients. Consumers are concerned about the synthetic chemicals in perfumes and are demanding for perfumes with natural ingredients.
According to the report, “Fragrances in the US”, it has been observed that the younger population is more familiarized to perfumes. Major factors affecting the usage of perfumes are increasing online retailing, innovative products by leading competitors, affordable perfume price and increasing consumer spending is driving the growth in the perfume market in the USA. The huge availability of fake perfumes with harmful chemical ingredients is a major factor hampering the growth of the perfumes market. A positive growth has been observed in the USA perfumes market in the recent years with the use of renewable ingredients such as microbial based natural perfumes to satisfy the increasing health awareness among consumers.
Few alcohol free perfume products and Unisex Perfumes are expected to witness a higher growth rate with the rise in the number of perfume products. Online Retailing has registered a significant growth with attractive offers. Majority of the leading players are entering into partnerships with e-commerce players to boost their sales through internet retailing.
The perfume market is classified into premium and mass products. Premium perfume products dominate the perfume market and account for the majority of the total sales. The global competitors in the perfume market are Avon Products Inc., Natura Cosméticos SA, Chanel SA, Coty Inc., LVMH and L'Oréal Groupe.
Prestigious products are thriving in the US perfume market but consumers are moving away from gender-based scents and are attracted towards unique personal appeal perfumes. The ongoing economic recovery in the USA and dropping fuel prices has enabled the consumers to increase their spending on perfumes. The perfumes in the USA are sold primarily in departmental stores. The perfume sales in the departmental store include fragrances such as Demeter Fragrance Library’s Oud, Jo Malone, Tom Ford, Bond No. 9, Estée Lauder’s Modern Muse, Coty’s Marc Jacobs Honey. Celebrity perfumes such as scents from Rihanna, One Direction and Taylor Swift exhibit tremendous growth in the perfume market that is driven by an older, more sophisticated consumers. Therefore, it is predicted that premium perfume brands will continue to outperform mass perfume brands.
Bloomingdale has launched the perfume brand Tory Burch exclusively, Sephora that has launched its multi-branded fragrance samplers, and Saks launched its mini-fragrance collections and fragrance sets such as Carven and Viktor & Rolf’s Flowerbomb. Coty is another leading perfume competitor in USA with a wide variety of brands such as Bottega Veneta, Calvin Klein, Chopard, Cerrutti, Marc Jacobs, Chloé, Roberto Cavalli, Sarah Jessica Parker, Beyoncé, Lady Gaga, Madonna, Vivienne Westwood, Vera Wang, and Davidoff. Inter Parfums is another leading successful competitor with slightly more prestige perfumes such as Lanvin, Van Cleef & Arpels, Balmain, Agent Provocateur, Boucheron, Jimmy Choo, Karl Lagerfeld, Montblanc, Paul Smith, S.T. Dupont, Repetto, Alfred Dunhill, Anna Sui, Shanghai Tang, Oscar de la Renta, Gap, Brooks Brothers, Bebe, and Betsey Johnson.
Premium fragrance brands such as Jo Malone, Modern Muse and Tom Ford are historically witnessing a continuing growth with a limited edition of fragrance products exclusively for the holiday seasons. Elizabeth Arden is a leading distributor of perfumes that controls the largest share of the perfume market in the USA. Elizabeth Arden supplies to the premium consumers and has witnessed a downfall due to decrease in the USA perfume sales.
Floral fragrances along with less traditional perfumes are gaining more attention from female consumers in USA. The innovation of more artisanal scents in the USA market women are experimenting and exploring various options. Woody oriental fragrance and soft floral are the leading women’s prestige fragrances sold in the US. American gentlemen really love their perfumes or fragrances and are spending a fortune on them.
The rising population in the USA, growing urbanization, higher consumer spending capacity and variety of perfume products are some of the other major factors affecting the perfumes market worldwide.  With the increasing population there is increasing demand for premium and mass perfumes products among the consumers.
Improved consumer confidence, increased perfume products is driving growth of both women and men perfume market. Consumers are demanding for added product benefits such as mood boosting, anti-aging, innovative forms and extending perfumes in the additional product categories.
Healthy category growth is combined with innovative products making it an exciting time for the perfume market in the USA. The perfume industry is slowly and steadily growing with the passing years. The country is continuing to emerge from its economic recession and return to a normal level and growth in the perfume industry will witness a healthy growth in the coming years.
Key Topics Covered in the Report
US Fragrances Market Research Report
US Fragrances and Perfumes Market Demand
US Perfumes Industry Future Outlook
US Fragrances Market Segmentation
US Fragrant Sprays Market Revenue
US Perfumes Industry Leading Brands
US Synthetic Fragrances Market Growth Opportunities
US Perfumes Import Value
US Perfumes Export Value
US Cosmetics and Personal Care Industry Trends
US Natural Personal Fragrances Industry Outlook
Global Fragrances Industry Trend Analysis
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Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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