Malaysia Palm Oil Industry Outlook to 2018 – Demand for Biofuel to Drive Production

Malaysia is one of the largest players in the production and exports of palm oil worldwide. The multi-utility of palm oil and the favorable climate of Malaysia supporting the cultivation of palm oil have worked as a stimulator for palm oil production in Malaysia. Malaysia palm oil industry witnessed a decline of 4.70% over the period 2008-2013 in terms of domestic consumption of palm oil. The leading factors which have been driving this industry are the demand for oils and fats, economic advantages of palm oil and the non food uses of palm oil like in oleo chemicals and bio fuels.

Malaysia Palm Oil Industry Revenue

Palm oil planted area of Malaysia can be segmented into mature and immature. Mature oil palms are those which give the maximum palm oil yield. The immature palm oil planted area has witnessed a higher growth of 4.23% during the period 2008-2013 than mature palm oil planted area, which experienced a growth rate of 2.94%. The total palm oil planted area of Malaysia at increased at a CAGR of 3.11 during 2008-2013.

The rising awareness of environment preservation has led to countries switching from using fossil fuels to bio fuels which is a cleaner and renewable source of energy. The European Union also recently released a mandate stating its goals of reducing green house gas emissions by 20% by 2020 also increasing the use of renewable energy by 20% by 2020, thereby giving a boost to bio fuel production in Malaysia. The bio fuel production in Malaysia had increased at a CAGR of 12.35% during the period 2008-2013.

The Malaysia Pam Oil Industry is highly fragmented comprising of a large number of market players. But recently large numbers of palm oil companies are undertaking mergers and acquisitions on a large scale due to rising palm oil production costs. This in turn is leading to the consolidation of this industry.

Malaysia’s palm oil industry is the fourth largest contributor to the national economy and accounted for USD 16.7 billion to the Gross National Income in 2013. The industry covers the value chain from upstream plantations to downstream processing. The development is mainly private sector driven and remains heavily tilted towards upstream activities.

According to the research report “Malaysia Palm Oil Industry Outlook to 2018 – Demand for Biofuel to Drive Production” by Ken Research, the Malaysia palm oil industry would grow at a considerable CAGR thus reaching USD 2.1 billion in 2018 due to a major push from technological advancements, bio fuel production and mergers.

The report provides detailed overview on the palm oil industry of Malaysia and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, palm oil companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in future.

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Contact Person-  Ankur Gupta

Contact Email Id-  ankur@kenresearch.com

China Cooking Oil Market Prospects to 2018 - Upgrading Agro-Economic System to Forerun Market

The government initiatives to maintain supply-demand, to transform agronomic practices, enhance technological processing and to curb adulteration coupled with change in consumers’ dietary pattern to drive China cooking oil market in the future

China Cooking Oil Industry Revenue

The market landscape of China cooking oil market had grown competitive in recent years due to the swift surge in demand. Additionally, China cooking oil market has been affected by government legislations and regulations, predominant challenges pertaining to agricultural practices and consumption, transition to increasing urbanization, price trends and distribution network. The market has registered a CAGR of 5.1% during the period MY’2009-MY’2013 by rising supply of cooking oils from ~ thousand tons in MY’2009 to ~ thousand tons in MY’2013.

Soybean, rapeseed and peanut cooking oils are the predominantly sold cooking oils. During the period MY’2010 to MY’2013 the overall consumer expenditure on cooking oil has swelled at a CAGR of ~%, thereby heaving to total revenues of USD ~billion during this period. China is one of the world's largest importers of oilseeds and cooking oil. The country imported ~ thousand tons of oilseeds while ~ thousand tons of cooking oil in MY’2013.

The government of China aspires to develop environmentally friendly market for sustainable palm oil. Moreover, to stimulate lagging production of major oilseeds such as soybean, the government executed a soybean oilseed production support program. To curb adulterated consumption of cooking oil, government has initiated regulating the industry through its labeling system for packed cooking oils. The upcoming labeling laws are expected to favor existing large premium quality brands. Moreover, the consumers are turning more vigilant towards their health and readily overlooking the prices. This changing attitude is expected to alter dietary patterns of consumers towards healthier oils such as olive oil.

The leading cooking oil companies dominating the China cooking market include Wilmar International, China National Cereals, Oils and Foodstuffs Corporation (COFCO) and Shandong Luhua Group. The major cooking oil brands which were sold by these companies include Jinlongyu, Luhua and Fortune. It is anticipated that the organized segment of the China cooking oil market is likely to increase its share due to upcoming stringent quality norms laid by the government.

“The cooking oil market in China is poorly regulated with intrusion of low-cost and poor quality cooking oils. Hence, the government endeavors to regulate the industry through its labeling system for packed cooking oils. Additionally, better and adequate production tools, enhanced agronomic practices followed with substantial improvement in technology resources and input quality are likely to rephrase the existing China cooking oil market”-According to the Research Analyst, Ken Research.

The report titled “China Cooking Oil Market Prospects to 2018 - Upgrading Agro-Economic System to Forerun Market” provides detailed overview on cooking oil market in China and helps reader to identify the ongoing trends and developments in the cooking oil industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will aid industry consultants, cooking oil producing companies, marketing companies and other stakeholders and consumers to align their market centric strategies according to ongoing and expected trends in future.

Browse report with TOC- http://www.kenresearch.com/agriculture-food-beverages/food-industry-research-reports/china-cooking-oil-market-research-report/526-104.html

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Contact Person-  Ankur Gupta

Contact Email Id-  ankur@kenresearch.com

India Molecular Diagnostic Analyzers Industry Report: Ken Research

The inclining occurrence of infectious diseases, mounting disposable incomes and growing awareness amongst the consumers will be the key factors driving molecular diagnostics market in India.

The prevalence of infectious diseases and epidemics has provided an important impetus to the growth of the India molecular diagnostics market, as these diseases require molecular diagnostic testing. The occurrence of H1N1 (swine flu) has resulted in a speedy augment in clinical laboratories opting for facility upgrades for molecular testing. The common infectious diseases which are most prevalent among the people of India include tuberculosis, HIV, Hepatitis B (HBV), Hepatitis C (HCV) and Human Papillomavirus (HPV).

“The molecular diagnostics testing systems enable precise detection of various infectious diseases which include HIV, HBV and HCV. The combination of infectious disease immunoassay and molecular testing offers a complete solution for diagnosis and monitoring of HIV and hepatitis.” – According to the research report ‘India Genomics and Molecular Diagnostics Market Prospects to 2018 - Driven by Automation and Introduction of New Technologies’ by Ken Research.

Infectious diseases have remained one of the major concerns for public health in India. Diagnosis of viral diseases is very crucial since it necessitates identification of specific antibodies produced by the immune system. The demand for accurate diagnosis and tests for HBV and HCV has led to the growth of virology segment in the molecular diagnostics market in the country. The emergence of molecular diagnostics in India has helped the physicians to diagnose the diseases and provide effective treatment for the chronic infectious diseases.

The growing prevalence of infectious diseases in the country is likely to spur the demand for molecular diagnostics based virology tests in the near future. Growth in the forthcoming years will also be driven by rapid technology developments. With the introduction of latest markers for identifying, selecting and diagnosing specific conditions, market prospects will proliferate.

The report provides detailed overview on the molecular diagnostics market in India and help reader to identify the ongoing trends in the key segments of the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will aid industry consultants, molecular diagnostics manufacturing companies and marketing companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in future.   

For more- http://www.kenresearch.com/healthcare/trial-diagnostic-services/india-genomics-molecular-diagnostics-market-research-report/524-91.html

Contact Person-  Ankur Gupta

Contact Email Id-  ankur@kenresearch.com

Thailand Diaper Market Size Research Report: Ken Research

Inclination in the personal disposable income, increased life expectancy, increased acceptance of adult diapers and more focus on health and hygiene are key factors responsible for escalation in the demand for adult diapers in Thailand.

Thailand’s population is growing and simultaneously the proportion of aging population is also witnessing an incline. Coupled with higher standard of living, this is resulting in increased demand for adult diapers. Adult diapers sale has showcased an increasing trend in Thailand’s economy by growing at a CAGR of 11.4% from 2008-2013 and is further expected to grow at a growth rate of 12.2% from 2013-2018. The volume sales growth rate for adult diapers in Thailand has surpassed value sales growth of diapers in Thailand for the period 2008-2013, thus showing a year on year decrease in the unit price of the diapers over the years due to rising competition among the leading brands such as DSG Thailand, Fuburg, Unicharm and others in the market.

Baby disposable pants segment of the diapers has been witnessing rapid growth in Thailand over the years. Ease of wearing and disposal along with the greater comfort and convenience make pull up pant diapers popular among the parents in Thailand. Pants diaper segment of the market is expected to witness stupendous CAGR of 14.1% for the period 2013-2018

According to research report, “Thailand Diaper Industry Outlook to 2018 - Pull up Pant Diapers to Propel the Future Growth” by Ken Research, “Adult diapers market has witnessed positive growth in the last 5 years and is further expected to show increasing trend in the coming few years. Adult diaper segment has historically grown at a higher rate than baby diaper market and will continue to be higher in the future years as well. Factors attributing to the growth of adult diapers in near future will be increased life expectancy, increased acceptance of adult diapers and more focus on health and hygiene by the people in Thailand”.

The report provides detailed overview on the diapers market in Thailand and helps reader to identify the ongoing trends in the key segments of the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will aid industry consultants and analysts, baby and adult diaper companies and the entire diaper supply chain stakeholders to align their market centric strategies according to ongoing and expected trends in future.

 Read more- http://www.kenresearch.com/consumer-products-and-retail/specialty-retail-products/thailand-diaper-market-research-report/523-95.html

Contact Person- Ankur Gupta

Contact Email Id- ankur@kenresearch.com

Iraq Oilfield Services Market Report: Ken Research

Iraq is concentrated with large number of giant and super-giant oilfields, which needs to be developed thereby presenting huge potential for major oil companies.

Demand for oil and petroleum products have grown tremendously over the past few years, mainly on account of increasing population and rapid economic development across the globe. In order to meet the demand of a steadily growing market, Iraq is indulging into oil capacity expansion by undertaking large export infrastructure projects and developing a diverse coalition government structure in order to attract major investments.

The drilling activities are generally fuelled by rising oil prices and global energy demand. The oil demand from Non-OECD countries will rise to 50.6 million barrels per day by 2016 as compared to 45.7 million barrels per day in 2013, which depicts the scenario of increased oil consumption from developing economies of the world, thereby generating a need for petroleum resources in the untapped regions of Iraq.

Although, Iraq’s drilling industry is expected to grow at a massive rate, factors such as lack of historical data about Iraq’s actual oil reserves, civil unrest, delayed hydrocarbon law, security issues, coupled with complicated political scenario poses a major challenge on the country’s path towards the development. Additionally, Ministry of oil has established really high production targets for the future which are not easy to attain owing to several infrastructure constraints such as deficit export capacities and water resources for the maintenance of pressure in the oil wells, shortage of drilling rigs, lack of transportation facility and others.

According to the research report published by Ken Research, “the future prospects of the Iraq drilling and oilfield services industry seem to be favorable mainly on account of increasing crude oil production and oil revenue, which will help in building a sustainable business environment”.  

The report titled ‘Iraq Drilling and Oilfield Services Industry Outlook to 2018 – Rising Crude Oil Production and Oil Revenue to Spur Growth’ provides detailed overview of the drilling and oilfield services industry in the southern and northern regions of Iraq. This report helps reader to identify the ongoing trends in the drilling industry and anticipated growth in future due to increased focus of the Kurdistan Regional Government and the Central Government in Iraq in attracting the major oil companies for petroleum exploration. The report will help petroleum industry consultants, global and domestic drilling companies and other stakeholders to align their market centric strategies by gaining perspectives from this comprehensive report on the drilling and oilfield services industry in Iraq.

Read more- http://www.kenresearch.com/oil-and-gas/petroleum-gas/iraq-drilling-and-oilfield-serices-market-research-report/522-109.html

Contact Person- Ankur Gupta

Email Id-  ankur@kenresearch.com

India Nutraceuticals Industry Market Size Report- Ken Research

India Nutraceuticals Industry Outlook to 2018 - Rising Health Consciousness to Steer Growth provides a detailed analysis of the industry covering various aspects including market size in terms of revenues and market segmentation on the basis of major types such as dietary supplements and functional food and beverages. The report also includes competitive landscape and profiles of the major players operating in the industry. The future projections are included to provide an insight on the prospects in the India nutraceuticals industry.

The nutraceuticals market in India is growing at a rapid rate over the period of last seven years. This growth rate can be attributed to rise in health consciousness, increasing awareness about the various types of nutraceuticals available in the market and willingness of people to spend on health fortifying food and additives. In terms of revenue, the nutraceuticals industry of India has showcased a rapid growth at a ~% CAGR over the period. The revenues have grown from USD ~ million in FY’2006 to USD ~ billion in FY’2013.

India nutraceuticals market is dominated by the functional food and beverages segment which accounted for ~% share in FY’2013. However, the industry has witnessed the rapid growth of the dietary supplements market, propelled by increasing awareness amongst people to guard themselves against chronic diseases. The sales of vitamins have dominated the dietary supplements market over the years, with minerals supplements closely following behind. The marketplace has witnessed increasing consumer interest for the energy and sports drinks in recent years, largely propelled by a growing demand from the young and affluent professionals.

While the functional food and beverages market is highly cluttered with a host of small and big players, Amway has been a dominant player in dietary supplements market for the past few years which accounted for ~% share in the overall revenues of the dietary supplements industry. Dabur India and Ranbaxy constitute other major players with a percentage contribution of ~% and ~% respectively.

The nutraceuticals market of India is still underpenetrated, with a major presence in urban parts if the country. The vast population base of India has presented wide prospects for the nutraceuticals market to flourish over the years. Busier lifestyles of the urban middle class population have encouraged increasing consciousness about health and fitness, which are likely to be the major driving force behind the growth of the nutraceuticals industry in the future The revenues of the nutraceuticals industry are expected to increase at a CAGR of ~% to reach USD ~million by FY’2018.

  

Key Topics Covered in the Report:

·         The market size of the India nutraceuticals industry, functional food and beverages and dietary supplements markets on the basis of revenues

·         Market segmentation of the India Nutraceuticals industry on the basis of types of products

·         Market segmentation of the Functional Food And Beverages on the basis of product form

·         Market size of Functional Food market by revenues

·         Market segmentation of Functional Food by ingredients, food items and benefits

·         Market size of Functional Beverages market by revenues

·         Market segmentation of Functional Beverages by types

·         Market segmentation of Dietary Supplements by Ingredients

·         Government Rules and Regulations

·         Import and export of Nutraceuticals in India

·         Trends and Developments prevailing in the functional food & beverages, dietary supplements and overall nutraceuticals industry

·         Competitive landscape, market shares and detailed company profiles of the major players in the functional food & beverages and dietary supplements markets

·         Future outlook and projections of the India functional food & beverages, dietary supplements markets and overall nutraceuticals industry on the basis of revenues

Read more- http://www.kenresearch.com/healthcare/skin-and-personal-care-industry/india-nutraceutical-market-research-report/484-91.html

Contact Person- Ankur Gupta

Email Id- ankur@kenresearch.com

India Vocational Training Industry Research Report- Ken Research

The Indian vocational training market has continued to evolve through government policies and regulations. Industrial cooperation and private partnerships have also been major factors contributing to the continuous growth of the vocational training market in India.

Public Private Partnership has led to a major scheme initiated by the DGET, Ministry of Labor and Employment that is upgrading some of the ITI’s into Centers of Excellence (COE). The policy reforms employed by the government have not only made vocational education an important part of the education system but has also carved out a path of growth for it in the future. 

Additionally, the huge investments from the government in the vocational training market have attracted several private players which would lead to more public private partnerships in the vocational training market. Apart from the central government, vocational training has become the primary focus of the state government as well. The vocational training industry in India has experienced an average annual growth rate of 25.2% over the period FY’2008-FY’2013.

The courses offered in the vocational training market are spread across different sectors. Some of the major sectors are English Training, Retail, Wellness & Healthcare, Hospitality and others. One of the most promising sectors for vocational training is the Wellness and Healthcare sector. The sector presently contributes 20% to the total revenue of vocational training market in India. The major reason for its growth has been the increasing demand for manpower in this sector which has led to the popularity of courses such as spa therapy and skin therapy. The Indian Wellness sector is highly influenced by the west and would continue to grow at a rapid rate in the years to come.

The inclusion of vocational training policy reforms in the twelfth five year plan by the Government of India would also lead to the growth and overall development of the vocational training market. Furthermore, the reforms also keep a check on the developments in the vocational market and helps regulating the market on the whole. Along with this, the up gradation of the different schemes employed in line with the current market trends and demand would also lead to a fast growth of the vocational training market in future times.

It is expected that the increase in the number of public private partnerships on account of heavy investments from the government of India and the growing popularity of the wellness and healthcare sector would lead to a rise in the revenue and the coverage of the Vocational Training Market in India”, according to the report published by Ken Research.

The report titled “India Vocational Training Market Outlook to 2018- Driven by Rising Demand for Skilled Manpower” provides detailed overview of the market past and future performance of Vocational training market and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help Industry consultants, vocational Institutes, education service providers to align their market centric strategies according to ongoing and expected trends in the future.

Read more: http://www.kenresearch.com/education/learning/india-vocational-training-market-research-report/516-99.html

Contact Person: Ankur Gupta

Email id: ankur@kenresearch.com

Australia LNG Industry Research Report: Ken Research

The Australian LNG industry is poised to become a leader in Global LNG industry by 2018 with its seven new under construction LNG projects, largely driven by creation of better investment  climate by the Government and positive investment outlook of major Oil&Gas companies in LNG industry of Australia.

Due to vast natural gas reserves in Australia, interest of major global and domestic Oil & Gas companies to leverage this excess capacity had resulted in formation of infrastructure for LNG exports to important gas consumer markets. These gas markets particularly in Asian countries are good opportunity for LNG business since their emerging economies had outpaced the domestic energy demand-supply balance and due to geographic proximity of Australia, the LNG export industry can flourish in long term prospects. 

The world’s first largest Floating LNG project will also go online, thereby leading the technological innovation and initiating a cost effective alternative to LNG terminals. Regasification capacity developments in Asian countries will make positive scope for Australian LNG export industry since these facilities will drive the LNG import countries to enter into long term gas sales agreements. LNG pricing will be a major talking point in the Australia LNG industry due to emergence of Henry Hub pricing in the US which would make the LNG projects stakeholders to focus on competitiveness and market accessibility in long term.

According to the research report published by Ken Research, “Australian LNG industry in the future would be majorly driven by the high demand of LNG volumes by Asian gas consumer markets such as Japan, China, South Korea and Taiwan”.

The report ‘Australia LNG Industry Outlook to 2018 - Upcoming LNG Projects to Drive the Future Growth’ provides detailed overview on the LNG industry of Australia and the business side of this industry. This report helps reader to identify the ongoing trends, existing and upcoming LNG projects profile, developments in the Australia LNG industry and anticipated growth in future due to major upcoming LNG projects. The report will help petroleum industry consultants, global and domestic natural gas companies, electric utilities sector and other stakeholders to align their market centric strategies by gaining perspectives from this comprehensive report on LNG industry of Australia.

Read more- http://www.kenresearch.com/oil-and-gas/natural-gas/australia-lng-market-research-report/521-109.html

Contact Person- Ankur Gupta

Email id- ankur@kenresearch.com

North America Nutraceuticals Industry Report: Ken Research

North America was the second largest nutraceutical market in the world in 2012, after Asia-Pacific. The revenues of the nutraceutical industry of the US have contributed the leading share in the overall proceeds of the nutraceutical market in North America over the years. However, the share of the US has showcased a rapid decline in the recent years, however a brisk rate of development in the nutraceuticals sector in Canada have been observed. A distinctive feature of nutraceuticals industry in North American region is the strict standards for manufacturing, labeling and marketing of dietary or nutritional supplements followed.

The demand from rapidly ageing population in the US and Canada has provided impetus to the revenues of the North America nutraceuticals industry in recent years. The impending risk of chronic diseases and maintenance of health in old age have been the major health concerns over the past few years; which has resulted in increased expenditure of healthy food products including functional food & beverages and dietary supplements.

The health and wellness trends are spreading at a rapid pace in the North American territory. The growing preferences towards healthy food and nutritional supplements, strengthened by increasing discretionary incomes and improving economic environment, are expected to provide momentum to revenues in the market. The growth in the North American market will be led by a growing number of people switching towards fortified food and beverages in the coming years. The manufacturers are expected to introduce customized products, ranging across the ages and genders. The introduction of gender-specific supplements will be more common, as the firms begin to address several health issues.

“The revenues of the major markets of Asia-Pacific region are expected to reach a cumulative figure of USD 146 billion by 2017”- According to Research Analyst, Ken Research

The report “North America Nutraceuticals Industry Outlook to 2017 - Increasing Demand from Ageing Population to Drive Growth” provides detailed overview on the nutraceuticals market in the North America region from various perspectives. The report encloses a comprehensive analysis of the various segments of the market reflecting the present scenario and future growth affected by changing industry dynamics in coming years. Additionally, the report also entails information about the market structure, segmentation and rational analysis of the macroeconomic factors, along with the profiles of the major market players of the nutraceuticals industry in different countries. The report will help industry consultants, nutraceuticals companies and other stakeholders align their market centric strategies according to ongoing and expected trends in future.

Read more- http://www.kenresearch.com/healthcare/skin-and-personal-care-industry/north-america-nutraceuticals-market-research-report/497-91.html

India Furniture Market Research Report- Ken Research

Rising contribution of home furniture led to drive the market demand

The Indian furniture market has showcased a transitional phase from the production of conventional items such as chairs, tables and beds to recliners, bean bags and other modular furniture products. The market also encompasses a wide range of product lines used in offices, hotels, hospitals, living room, bedroom, dining room and others. The furniture industry in India is highly fragmented with nearly 85% of the furniture sales belong to the independent vendors and small scale manufacturers and the remaining portion being contributed by branded retailers and manufacturers in furniture space. However, the rising urban lifestyle of people coupled with increasing spending capacity of Indian population has led to a growth in the organized retail segment of the furniture space in India.

In the organized retail segment, the market is occupied by the leading companies such as Godrej Interio, Home centre, Nilkamal, Durian Furniture, Style Spa among others, which have over the years grabbed significant positioning in the domestic market. Furthermore, the entry of international brands and increasing brand awareness amongst Indian inhabitants in the recent years has led to the emergence of furniture retailing in India. An increasing trend of hiring onsite carpenters for home and commercial furniture has been witnessed in the country over the years. Trust factor, low price and close monitoring are some of the major factors which drive people to the carpenters rather than purchasing from a branded showroom.

Home furniture is considered as a basic necessity in a household. It is the largest segment of the furniture market in the country and it has been witnessing a consistent rise from the last few years. There were a number of factors which has escalated the demand for home furniture items in the country in the recent years.

The rising number of residential housing complex launches, increasing demand for high end furniture items in the households due to rising spending capacity has aided the growth of home furniture market in the last few years. Furthermore, the ingress of "Ready to Live" furniture solutions for new residential schemes and housing projects have been gaining massive traction in the last few years, thereby, driving the sales of home furniture in the country.

“The growing number of residential projects in the country coupled with inclining disposable incomes of India population will impel the demand of furniture items”, according to the Research Analyst, Ken Research.

The report “India Furniture Market Outlook to 2018 - Online Furniture Sales Gaining Traction” provides detailed overview on the furniture market across India and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, retail and consumer goods experts, furniture manufacturers and suppliers and other stakeholders align their market centric strategies according to ongoing and expected trends in future.

Read more- http://www.kenresearch.com/consumer-products-and-retail/specialty-retail-products/india-furniture-market-research-report/498-95.html

Contact Person- Ankur Gupta

Email Id- ankur@kenresearch.com

India Men’s Apparel and Footwear Market Report: Ken Research

Future Growth Led by Inclining Contribution of Men’s Denim wear and Casual Footwear.

India Men’s Apparel Market 

The men’s apparel and footwear industry has showcased a stupendous progress over the period of 2006-2012. The growth of the apparel and footwear market in India has been driven by a rising awareness of international brands and increasing trends of fashion amongst the male segment of the population. Furthermore, India’s enlarging male population has provided a strong impetus to the demand for men’s apparel and footwear in the recent years. Over the past few years, India has been showcasing a gradual rise in the number of middle class population. The urban middle class section of the population of India has been the largest buyer of men’s apparel and footwear with increasing spending capacity due to rising disposable income in the recent years.

India men’s apparel and footwear market has showcased an upward thrust in terms of growth, inclining at the rate of ~% in 2012. During this year, the men’s apparel and footwear market registered revenues worth USD ~ million, growing from USD ~ million in 2011. Traditionally men used to wear suits, sherwani’s and traditional long coats during special festive occasions and celebrations which have been now replaced with western style jackets and collared shirts. The male population in the country is inclined more towards the purchase of clothes for a specific purpose. The apparel industry in the country has provided a wide variety of clothes for different occasions and purpose to the people.

According to the research report “India Men’s Apparel and Footwear Market Outlook to 2017” by Ken Research, the India Men’s apparel and footwear market would grow at a considerable CAGR, exceeding USD 43,372.3 million by 2017.

“Indian men’s shirt market has been historically dominated by the local players. However, the organized market for men’s shirts in the country has witnessed a revamp with the arrival of leading global apparel manufacturers as well as increasing joint ventures with domestic players in apparel space”, according to the Research Analyst, Ken Research.

The report provides detailed overview on the men’s apparel and footwear market in India and  helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, apparel and footwear manufacturers, retailers and other stakeholders align their market centric strategies according to ongoing and expected trends in future.

Read more- http://www.kenresearch.com/consumer-products-and-retail/apparels-industry/india-apparel-and-footwear-market-research-report/171-95.html

Increasing Number of Public Private Partnerships to Increase Revenue and Coverage of the Vocational Training Market in India: Ken Research

Public Private Partnership has led to a major scheme initiated by the DGET, Ministry of Labor and Employment that is upgrading some of the ITI’s into Centers of Excellence (COE). The policy reforms employed by the government have not only made vocational education an important part of the education system but has also carved out a path of growth for it in the future. Additionally, the huge investments from the government in the vocational training market have attracted several private players which would lead to more public private partnerships in the vocational training market. Apart from the central government, vocational training has become the primary focus of the state government as well. The vocational training industry in India has experienced an average annual growth rate of 25.2% over the period FY’2008-FY’2013.

The courses offered in the vocational training market are spread across different sectors. Some of the major sectors are English Training, Retail, Wellness & Healthcare, Hospitality and others. One of the most promising sectors for vocational training is the Wellness and Healthcare sector. The sector presently contributes 20% to the total revenue of vocational training market in India. The major reason for its growth has been the increasing demand for manpower in this sector which has led to the popularity of courses such as spa therapy and skin therapy. The Indian Wellness sector is highly influenced by the west and would continue to grow at a rapid rate in the years to come.

The inclusion of vocational training policy reforms in the twelfth five year plan by the Government of India would also lead to the growth and overall development of the vocational training market. Furthermore, the reforms also keep a check on the developments in the vocational market and helps regulating the market on the whole. Along with this, the up gradation of the different schemes employed in line with the current market trends and demand would also lead to a fast growth of the vocational training market in future times.

“It is expected that the increase in the number of public private partnerships on account of heavy investments from the government of India and the growing popularity of the wellness and healthcare sector would lead to a rise in the revenue and the coverage of the Vocational Training Market in India”, according to the report published by Ken Research.

The report titled “India Vocational Training Market Outlook to 2018- Driven by Rising Demand for Skilled Manpower” provides detailed overview of the market past and future performance of Vocational training market and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help Industry consultants, vocational Institutes, education service providers to align their market centric strategies according to ongoing and expected trends in the future.

Source: http://www.kenresearch.com/education/learning/india-vocational-training-market-research-report/516-99.html

Contact Person: Ankur Gupta

Email Id: ankur@kenresearch.com