Wednesday, May 23, 2018

Australia Furniture Market is Driven by Rise in Domestic and International Tourism and Increased Investments from Global Retailers: Ken Research


Analysts at Ken Research in their latest publication “Australia Furniture Market Outlook to 2022 - By Residential (Bedroom, Living Room, Kitchen, Home Office furniture, Dining Room, Storage Furniture and Other Residential Furniture), Hospitality and Commercial Furniture, by Home Furnishing (Indoor, Outdoor and Lighting) believe that rise in demand of residential furniture with the change of existing furniture and adopting new designs & contemporary furniture will aid the furniture market.
Rising number of furniture manufacturers & retail outlets, residential construction & housing activity and increasing awareness among customers about the latest designs and trends has driven the growth of furniture in the country.
Construction of more condominiums and residential houses in the country is expected to drive the growth of the industry in the coming years. Opening of more number of stores by companies in different locations and increase in the product listing will also drive the growth of the furniture market. Sales for furniture in Australia have been dominated by offline retail outlets, franchisee outlets, showrooms and exclusive stores of manufacturers and major players operating in the space. Despite of the presence of approximately 20.67 million internet users i.e. a penetration rate of over 85.1% in the country during 2016, online sales of furniture contributed poorly to the overall market revenues during the same year. Online players faced stiff competition from brick and mortar stores all across the country, which offered a wide variety of products at competitive prices. Most of the companies selling via online channel had at least one offline store and are yet to register significant traffic and product orders through online in the country. The major players which have dominated the revenues of online furniture sales in 2017 are Fantastic Furniture, Zanui, Pottery Barn, Living Styles, Icon by Design, Brosa.com.au and others.
Rise in culture of co-working space and new office establishment in Melbourne, Sydney and Brisbane led to increase number of SLAs (Service Level Agreements) for office furniture and furnishings.
For more information about the publication, refer to below link:
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Ken Research
Ankur Gupta, Head Marketing & Communications
0124-4230204

Saudi Arabia Education Industry is Driven by Rising Investments, Number of Students Opting for Private Tuitions and Growing Scholarship Programs in the Kingdom: Ken Research

Rising fee of education institutes, increasing adoption of learning management systems by the growing corporate and education sector, use of modern technology and private players entering the space are expected to drive Saudi Arabia Education Industry in the future.

The report titled Saudi Arabia Education Industry Outlook to 2022 - by Higher Education, K-12 Education, E-Learning, Vocational Training and Test-Preparation Education by Ken Research suggests that more corporate houses adopting e-learning and increasing number of women being educating in the country will be key catalyst in future.

Poor quality of education by the local schools in the Kingdom has encouraged the government to allocate USD 53.3 billion for education and training during its 2017 budget. Relaxation of regulations pertaining to investments in the country’s education sector has led to the entrance of regional and global players in the space. The Ministry of Education of the KSA is making constant efforts to invite private players, who can invest in building schools across the country. GEMS Education, a Dubai based market player, having international schools all across the world, entered the Kingdom 2010. Other international players from the USA and the UK also came in contract with the KSA authorities to cater more number of students with their best in-class education facilities.

Providing students with private tuition has become an increasing trend among many teachers in Saudi Arabia, which has led several teachers to skim through syllabus and not providing comprehensive coverage to the students. Additionally, the teachers tend to charge extra tuition sessions and demand high charges for extra coaching they provide. In accordance with leading English language daily newspaper published in Jeddah, Saudi Gazette, Saudi families were observed to spent on private tutoring out of which Riyadh region spent the highest amount in the year 2017. The Ministry of Education, Saudi Arabia has set that it is against their laws for teachers to offer students with private coaching and has banned random advertisements relating to private tuition. The ban is issued because the government is unable to ensure the quality and level of the teacher’s educational background.
In order to encourage higher education in the Kingdom, the Ministry of Higher Education offers various scholarship programs, wherein the entire or a part of fee is paid to the university by the government on behalf of the students. Completion of schooling and good academic background makes a candidate eligible to become the applicant. The increasing inflow of students to the universities of Saudi Arabia has led to a rise in the number of scholarships being offered to the most suitable candidates. However, scholarships offered through KASP are only available to students attending academic institutions that are approved by the Saudi government. American colleges and universities must be on the Saudi Ministry of Higher Education’s approved institutions list in order to be eligible to accept scholarship students from the Kingdom.

For more information on the research report, refer to below link:
https://www.kenresearch.com/education-and-recruitment/education/saudi-arabia-education-market/149483-99.html

Related Reports by Ken Research:
https://www.kenresearch.com/education-and-recruitment/education/uae-education-market-research-report/620-99.html
The UAE education market will grow at a considerable CAGR rate thus exceeding USD 6.7 billion by 2018 due to the increasing number of students and increase in tuition fees.

https://www.kenresearch.com/education-and-recruitment/education/india-education-industry/272-99.html
The education market in India is one of the largest education systems globally which has registered a robust growth rate over the period.

https://www.kenresearch.com/education-and-recruitment/education/south-africa-education-market-research-report/228-99.html
The report provides a comprehensive analysis on various aspects such as market size of pre-primary, primary, secondary and higher education sector on the basis of learners, educators.

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-1244230204

Australia Furniture Market Outlook Research Report : Ken Research


The report titled “Australia Furniture Market Outlook to 2022 - By Residential (Bedroom, Living Room, Kitchen, Home Office Furniture, Dining Room, Storage Furniture and Other Residential Furniture), Hospitality and Commercial Furniture, by Home Furnishing (Indoor, Outdoor and Lighting)” provides a comprehensive analysis of the furniture market in Australia. The report focuses on the home furniture product segments of the industry. The report covers aspects such as market size in consumer expenditure, Australia furniture market segmentation by end users (Residential, Hospitality and Commercial), major cities (Sydney, Melbourne, Perth, Brisbane, Adelaide, Auburn, Gold Coast, New Castle and Canberra), by Organized and Unorganized sector, by home furnishing (Indoor, Outdoor and Lighting), by distribution channel (Homewares and Home Furnishing Stores, Home Improvement and Gardening Stores, Department Stores, Mass Merchandisers, Internet Retailing, Supermarkets, Variety Stores, Warehouse Clubs and others). The publication also includes competitive landscape, which discusses the major market players (Harvey Norman, Freedom, Fantastic, Nick Scali, IKEA, Pacific Furniture and Linen House) along their product portfolio. The reports also provides in depth case studies for setting up modular kitchen and home furniture in Australia. Furthermore, the report includes snapshot on the online furniture and used furniture market. The future analysis of overall Australia Furniture Market has also been discussed along with recommendations from analyst view.
This report will help the readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years.
The report is useful for furniture retailers, Used Furniture Companies, Modular Kitchen Companies, Contract Furniture Manufacturers, Online Furniture companies, investors, potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
Australia Furniture Market Size and Overview
The furniture market of Australia witnessed growth at a CAGR of 3.0% during the period 2012-2017. Rise in number of furniture manufacturers and retail outlets largely contributed to the growth in market revenues. Furthermore, rise in urbanization generated increased demand for furniture from residential, hotels, office and industrial sectors during the period. Additionally, increasing awareness among the customers about online sales and e-commerce portals for furniture along with the expansion in services of e-retailers including Pottery Barn, Zanui and others has also been a significant factor which has positively impacted Australia furniture market during recent years.
Australia Furniture Market Segmentation
By End Users: Residential furniture therefore dominated the overall Australia furniture market in 2017, followed by commercial and hospitality sector. Retailers existing in the space catered to the varied requirements across all categories of end users. The growing number of urban household coupled with change in customer preference for stylish and modern furniture boosted the demand for residential furniture. Growing demand for housing structures was the major reason behind the augmented demand for furniture in the country.
By Product Categories in Home Furniture: There has been a rapid growth in real estate sector due to the demand for residential property in the country. Bedroom furniture was the highest selling product category in home furniture segment as of 2017, followed by living room furniture, kitchen furniture, home office furniture, dining room furniture, storage furniture and all other residential furniture.
By Organized and Unorganized Sector: Unorganized sector dominated the market, in terms of large number of unorganized manufacturers operated in the country in 2017. Lower cost of production by using the locally available resources assists unorganized retailers in selling products at a lower price than the one sold by established companies with multiple retail outlets in Australia.The increasing demand for the branded products among the customers due to rising income level has led to the growth of organized retailers in the country.
By Type of Office Furniture: Workstation furniture dominated the office furniture market on the basis of consumer expenditure followed by office chair, office table and office storage. Office/ Commercial furniture space is governed by players specializing in designing, manufacturing and supplying modular furniture for schools, government institutions, offices, and aged care. Major companies involved in office furniture are DDK Commercial Furniture, BFX Australia, IKEA, Etsy Australia, Buy direct online, Workspace Australia, Burgtec, Woods furniture Australia, House of Home Australia, Kmart and others.
Snapshot on Australia Online Furniture Market
Sales for furniture in Australia have been dominated by offline retail outlets, franchisee outlets, showrooms and exclusive stores of manufacturers and major players operating in the space. Despite of the presence of approximately 20.67 million internet users i.e. a penetration rate of over 85.1% in the country during 2016, online sales of furniture contributed poorly to the overall market revenues during the same year. Online players faced stiff competition from brick and mortar stores all across the country, which offered a wide variety of products at competitive prices. Most of the companies selling via online channel had at least one offline store and are yet to register significant traffic and product orders through online in the country. The major players which have dominated the revenues of online furniture sales in 2016 are Brosa, Fantastic Furniture, Pottery Barn, Zanui and others.
Competitive Landscape
The top 7 leading home furniture and furnishing players are Harvey Norman, Freedom Furniture, Fantastic Holdings, Nick Scali, IKEA, Pacific Furniture and Bedding and Linen House which holds the largest market share. The companies compete on the basis of product spread, price range, number of stores, geographical locations, best selling product. Companies are focusing on increasing their number of stores as they want to reach out maximum potential customers and increase the walk-ins in their stores. Companies are focusing on extending their leadership positions that can be connected to customers at anytime and anywhere and increase customer experience
Australia Furniture Market Future Outlook and Projections
The furniture market is expected to grow at an impressive rate during 2018-2022. Rise in domestic as well export demand of furniture products is anticipated to result in market growth. Since tourism based enterprises such as hotels, restaurants, museums and leisure service providers face growing needs to update their amenities; the demand for unique furniture items is expected to rise sharply. Apart from the robust hotel sector, construction of more condominiums and residential houses in the country is expected to drive the growth of the industry in the coming years. Opening of more number of stores by companies in different locations and increase in the product listing will also drive the growth of the furniture market.
For more information about the publication, refer to below link:
Related Reports:
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
0124-4230204

Poland Freight Forwarding Market Research Report to 2022: Ken Research

How Freight Forwarding Market is Positioned in Poland?
Prior to 2004, businesses in Poland had limited access to the European market. The transport infrastructure in the country was in need of improvement and hence was seeking for significant investment by government. Since Poland’s accession into the European Union (EU) in 2004, the trade flow has increased among the countries in the EU. The trade between Poland and Germany has increased substantially. Since then, the road transportation in the country has also witnessed a positive change.

The polish freight forwarding market is on a steady path of growth. The economic outlook of the country is buoyant owing to the rising trade with European countries, growth of the manufacturing industry and increase in agricultural exports. Owing to the significant changes in geo-political and economic scenario of the country, the freight forwarding market has witnessed significant growth over the years. The freight market in the country is an amalgamation of a number of Organized and unorganized players consisting of freight forwarders specializing in land, sea or air transport and total logistics services providers that operate a multimodal transport model.

The Freight Forwarding Industry grew robustly with a CAGR of ~% from 2012 to 2017. The market grew from USD ~ billion in 2012 to USD ~ billion in 2017.

Poland's geographical location makes it a transit hub between Western and Eastern Europe, therefore the ongoing shift of Europe’s logistics center from Germany to Poland is not surprising. This process accelerated significantly recently, partially on the back of low labor costs and partially thanks to improving quality of transport infrastructure.

The freight forwarding market is dominated by land transport which includes road, rail and transport through pipeline. Land transport is utilized to transport almost all the products from a plethora of industries.

Poland Freight Forwarding Market Segmentation
By Freight Mode
Poland freight forwarding market has been majorly dominated by land and pipeline freight in terms of revenues and has grown at a single digit during 2012-2017. The sea freight market witnessed CAGR growth of ~% from 2012 to 2017. The rise in trading activities between Poland and Europe has been the key reason behind this growth. Air freight had a low share in the country freight forwarding market. The overall revenues of the air freight market have decreased from USD ~ million in 2012 to USD ~ million in 2017.

By International and Domestic Freight
In terms of domestic and international freight forwarding segmentation, international freight forwarding has largely contributed in the revenues of the industry. The top export destination of Poland include Germany, the U.K. Czech republic, France, Italy, and the Netherlands while the top import destinations are Germany, China, Russia, Italy, the Netherlands, and France. FMCG, e-commerce and retail sector have witnessed substantial growth in the country. Growth in these sectors positively contributed to the growth of domestic freight forwarding market.

By Major Flow Corridors
Owing to free trade agreement, the flow corridor between European Countries and Poland is the largest contributor in the freight forwarding market. The top importers from Poland in Europe include Germany, the U.K. Czech Republic, France, Italy, and the Netherlands. The major Asian countries that trade with Poland include China, South Korea, Japan and India. The trade of food and agricultural products is increasing significantly between Poland and Asian countries. Poland imports goods from the US with a total import value of USD ~ billion in 2015 and has exported the goods worth USD ~ billion in 2015. The two way trade between the US and Poland has grown over the past decade which has amplified the revenues of the freight forwarding industry from this region.

Poland Freight forwarding Market Segmentation
By Normal and Express Delivery
Normal deliveries have dominated the freight forwarding market over the years in Poland. In 2017, normal deliveries contributed ~% of the total revenues of the freight forwarding market which amounted to USD ~ billion. As per the global competitive index, Poland is making strides in terms of improvement in the quality of infrastructure. Owing to this, the time taken by transport vehicles for domestic and international deliveries has decreased significantly. This is one of the reasons for the dominance of normal deliveries in the freight forwarding market. One of the key reasons for express deliveries having a lower share in the Polish freight forwarding market is the limited time taken by normal deliveries. However, with the surging e-commerce market, the demand of express delivery services is gradually rising.

Poland Freight forwarding Market Future Outlook
Poland has transformed as a powerhouse for the transport and logistics market. The industry has showcased strong growth momentum backed by entering the EU and opening up European markets. Free trade agreement between Poland and other countries, especially in Europe is expected to create a positive market for the country. Not only European countries, Poland is on a drive to increase the trade flows with countries in other regions as well. The freight forwarding market is forecasted to dominate the Poland logistics market in future and grow at a five year CAGR of ~% from 2018 to 2022. The Polish freight forwarding market is expected to be driven by the rising industrial activities, growing e-commerce industry, rising purchasing power, elevated demand for food, upcoming infrastructural projects and focused investment by the government in development of the industry. The manufacturing industry, automotive industry and food and beverages industry are anticipated to surge the demand for freight forwarding services in the country. In addition to this, road freight and rail freight will dominate the freight forwarding market. The express delivery market will witness significant growth during forecast period but will remain lower in terms of overall market size than the normal delivery.

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

Related Reports by Ken Research

GWC, Aramex, GAC, DHL, Bin Yousef, Qatar Logistics, Tokyo Freight Services and Milaha Maritime and Logistics are some of the major players operating in the freight forwarding segment


Saudi Arabia cold chain market has grown at a substantial CAGR from 2010-2015. This growth was due to the increasing contribution from the fruits and vegetables production which grew at a healthy growth rate.

The government of Philippines is spending an increasing amount of its budget on the infrastructural development. From 2010 to 2015, the budgetary spending increased by 240.8%.

Contact Us
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204

Boost in Trade Activities and the Financial Aid from the EU has Changed the Face of the Freight Forwarding Market in Poland: Ken Research

Growth in import & exports and less border regulation with European countries along with rise in consumption and domestic industries are the key factors driving the growth in Polish Freight Forwarding Market.

Since Poland’s accession to the EU, the trade between Poland and the rest of the EU member countries has substantially increased. The agricultural, manufacturing, furniture and several other sectors in the country have witnessed significant growth due to increase in export. The trade of goods witnessed a setback during the global financial crises of 2008. However, the economy has revived and the country is continuously increasing its exports. The population in the country is growing and so is the demand and consumption in the country. Owing to the unrestricted trade between the EU28, the Polish population has access to the entire European market. This has boosted the import of goods in the country. This dimensional change in the import-export scenario of the country has catapulted the freight forwarding industry in Poland. The revenues of the freight forwarding sector of the logistics industry in Poland have witnessed steady and continuous increase in the past few years and the trend is likely to continue in the future. International freight forwarding constitutes the major share of the market in comparison to domestic freight forwarding. In terms of mode, land and pipeline transport has contributed the largest share followed by sea and air mode respectively. Following Europe, Asia and North America are the largest flow corridors in terms of Growth among variety of industries across different sectors (FMCG, e-commerce and retail and others). The growing number of 3PL service providers has further strengthened the freight forwarding market. All these factors combined together will provide sustainable growth to the logistics industry in Poland.


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

Related Reports by Ken Research

GWC, Aramex, GAC, DHL, Bin Yousef, Qatar Logistics, Tokyo Freight Services and Milaha Maritime and Logistics are some of the major players operating in the freight forwarding segment


Saudi Arabia cold chain market has grown at a substantial CAGR from 2010-2015. This growth was due to the increasing contribution from the fruits and vegetables production which grew at a healthy growth rate.


The government of Philippines is spending an increasing amount of its budget on the infrastructural development. From 2010 to 2015, the budgetary spending increased by 240.8%.

Contact Us
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204

Saudi Arabia Car Leasing Future Growth will be led by Compelling Potential Anticipated from Logistics, Construction and other Non-Oil Sector after last 2 years of Subdued Growth: Ken Research

Rising corporate travel activity, growth in end user industries and increasing importance of workforce mobility will be the major growth drivers of Saudi Arabia long term car rental/leasing market in upcoming years.
The report titled “Saudi Arabia Car Leasing Market Outlook to 2022 – By Car Rental and Car Dealers, By End Users (Logistics, FMCG & Home Delivery, Oil and Gas, Construction, Government offices, Others)” by Ken Research suggested that lower annual payments, wide variety of cars, insignificant maintenance costs, lower upfront cash outlay, comprehensive insurance coverage, negligible registration cost and better technology interface for customers will majorly contribute to the overall revenue growth of Saudi Arabia long term car rental market in next 5 years till 2022
Saudi Arabia long term car leasing industry is relatively concentrated among the top ten players in the industry. In terms of transaction value, the Saudi Arabia long term car leasing market grew from the previous year majorly owing to growth in logistics and FMCG sector. The long term cab rental/leasing market has grown over the years with the growth in the number of players in the industry backed up with increasing preference of renting/leasing a car rather than owing the fleet by companies. The growing number of small and large businesses in the tourism sector in the country has also surged the demand for long term car rental services in Saudi Arabia.
Increasing competition in the market has raised the quality of services offered by car rental/leasing companies in the country, which has attracted more number of customers. The long term car rental market has witnessed increasing presence of multinational companies growing their presence in untapped markets and consistently focusing on increasing their fleet size. Over the years, industry has witnessed intense competition owing to low profit margins which has resulted in the companies to improve their service portfolios. Car dealers which operate into long term leasing, manage to provide lease contracts at a relatively lower price compared to car rental companies. Major target end users for car dealers are government sector which are highly price conscious. Car rental companies, on the other hand charges a higher price but offer specialized services to their customers such as On-road assistance, Insurance coverage and other services which car dealers fails to offer. Companies focus to have few government clients in their portfolio. Growth in religious tourism and leisure holidays has also led to greater demand from travel companies to extend their car leasing agreements with increase in number and type of fleet.
Key Topics Covered in the Report
Best Rent Car Revenue from Car Leasing Saudi Arabia
Commercial Car Leasing Saudi Arabia
Saudi Arabia Car Leasing Market Future
Car Leasing Industry KSA
Makkah Car Leasing Market
Car Leasing Companies in Saudi Arabia
Logistics User Car Leasing Saudi Arabia
Car Leasing Forecast Saudi Arabia
Riyadh Car Leasing Market
Car leasing services in Saudi Arabia
Long Term Car Leasing Fleet in KSA
Saudi Arabia Car Rental Market Size
For more information on the research report, refer to below link:
Related Reports by Ken Research
Contact:        
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204

Increasing requirement for differentiation and growing number of suppliers causing increase in Asia Automotive Refinish Paint Industry: Ken Research

Automotive refinishing paint is one of the major aesthetical factors for the manufacture of a vehicle.  Automotive Refinish is used for both protection of the vehicle, as well as decoration of the vehicle. The market has expanded recently owing to increased demand for differentiation of vehicles in decorative fashion along with the increased advancements in technology for the implementation of a finish for the protection of the vehicle. Keeping in mind that aesthetics is a major component of the finish application, there has been development of various varieties of finishing like matte, gloss, metal and more. Some types of automotive finishing not only make the car look better but are also capable of protecting from dust, dirt, making damage look less visible, hide scratches and absorb heat. Water-based acrylic polyurethane enamel paint is currently the most widely used paint. The finishing a car gets today is gaining more importance which is expected to generate significant future demand for automotive finishing that is capable of withstanding difficult environmental conditions and is capable of improving the visual appeal of the vehicle.
Asia Automotive Refinish Paint
The report splits the market based on various categories for segmentation. The segmentation based on product splits the market into Primer, Base Coat, Top Coat and Clear Coat. When splitting the market based on application, the end user segments are taken into account and the type of vehicle usage that is required; hence the market is segmented between Passenger Cars and Commercial Vehicles. Secondly, development policies and plans are discussed as well as manufacturing processes and cost structures. This report also covered states export/import, supply and consumption figures as well as cost, price, revenue and gross margin by regions (Canada, U.S.A, and Others), and other regions can be added 3M, Kazoo Nobel N.V., Axalta Coating Systems, PPG Industries, Sherwin Williams Company, Dow Chemical Company, HMG Paints Limited, Covestro AG, DSM, Nippon Paint Holdings Co., Noroo Paint & Coatings, Ltd, U.S. Paint Corporation, Samhwa Paints Industrial Co. Ltd, Novol Sp. Z.o.o., The Lubrizol Corporation, WEG Group, Alps Coating Sdn. Bhd and Guangzhou Zhenroumei Chemical Coating Limited.
For more information on the research report, refer to below link:
Related Reports:
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204