The South Korean insurance market is one of the largest insurance markets in the world. After the Asian financial crisis of 1998, it has rapidly expanded on the back of regulatory developments, government support, economic growth and rising income level to become the 7th largest market globally in terms of market share. The market will continue to grow at a fast pace in coming years, says our new research report, “South Korean Insurance Industry Forecast to 2012”.
Given the impact of global economic crisis on the industry, there will be a limited demand for insurance products in short term. However, the growth scenario will change for the medium term because it holds huge potential for improvement with recovery of real income growth and higher exports. Thus, the total amount of direct premiums collection for the forecast period (FY 2009 – FY 2012) is expected to grow at a CAGR of over 6%, with the main impetus coming from the non-life insurance sector.
Analyzing the current market trends, we have done a comprehensive analysis of the South Korean insurance market to give an outline of industry’s progress in future. The report covers various segments of the insurance market. It gives detailed product wise analysis of the insurance market by studying it in terms of life-insurance, non-life insurance, premiums collected and claims paid.
Our research also highlights the factors which are responsible for the growth of South Korean insurance market over the forecast period. It says that the growth in real income of the Korean population along with perennial demand for private health insurance is the main drivers of the insurance industry. This trend, coupled with government’s initiatives, is playing a critical role in promoting reforms and competitiveness.
Since deregulation in 1987, the life insurance sector has seen many new entrants, but the largest three, Samsung Life, Korea Life and Kyobo Life, still dominate the market, accounting for about 69% of all life-insurance assets at the end of December 2008. The non-life sector is similarly concentrated with Samsung Fire & Marine, Hyundai Fire & Marine, Dongbu Fire & Marine and LG Insurance accounting for around 68% of all non-life-insurance assets at the end of December 2008.
For more detail visit :- http://www.marketsmonitor.com/Report/IM217.htm
Tuesday, November 3, 2009
Tuesday, October 13, 2009
Emerging Medical Tourism in South Korea
South Korea is emerging as a popular destination for medical tourism especially among the tourists from the US, Japan and China, says a new research report “Emerging Medical Tourism in South Korea” by RNCOS. In 2008, the country received around 25,000 foreign medical tourists, an impressive increase of more than 56% from previous year (2007). Medical tourists prefer South Korea not just for the lower costs of treatment, but also for its advanced technology and better healthcare infrastructure.
We have also found that South Korea is widely popular for its world-class and skilled professionals in plastic surgery that attracts medical patients from different parts of the world to get their surgery done at low cost. For instance, nearly 10,000 people landed in South Korea for plastic surgery procedures in 2008. Besides, the country has attained great proficiency in the treatment of different types of cancers such as stomach cancer and liver cancer.
With focus on various parameters of tourism industry, including inbound tourism, expenditure by inbound tourists, medical tourism and healthcare infrastructure, the report contains a thorough analysis of the South Korean medical tourism industry. It also provides strategic insight to the clients to evaluate opportunities for their success in the medical tourism industry.
Our report “Emerging Medical Tourism in South Korea” provides an insight into the South Korean medical tourism industry. It evaluates the past, present and future scenario of the medical tourism market, and discusses the key factors making South Korea a potential medical tourism destination.
The report also gives forecast for various segments of the medical tourism industry based on feasible tourism industry environment in South Korea. These include:
- Medical Tourist Arrivals
- Medical Tourism Receipts
- Number of Doctors
- Number of Hospital Beds
- Real GDP Growth
- Population
- Personal Disposable Income
The report also includes detailed information about the key players in the medical tourism industry of South Korea, including Asan Medical Center, Seoul National University Hospital, Samsung Medical Center, Ajou University Hospital, Yonsei University Health System and Kangnam St. Mary's Hospital.
For more detail visit :- http://www.marketsmonitor.com/Emerging-Medical-Tourism-in-South-Korea-Report/IM026.htm
We have also found that South Korea is widely popular for its world-class and skilled professionals in plastic surgery that attracts medical patients from different parts of the world to get their surgery done at low cost. For instance, nearly 10,000 people landed in South Korea for plastic surgery procedures in 2008. Besides, the country has attained great proficiency in the treatment of different types of cancers such as stomach cancer and liver cancer.
With focus on various parameters of tourism industry, including inbound tourism, expenditure by inbound tourists, medical tourism and healthcare infrastructure, the report contains a thorough analysis of the South Korean medical tourism industry. It also provides strategic insight to the clients to evaluate opportunities for their success in the medical tourism industry.
Our report “Emerging Medical Tourism in South Korea” provides an insight into the South Korean medical tourism industry. It evaluates the past, present and future scenario of the medical tourism market, and discusses the key factors making South Korea a potential medical tourism destination.
The report also gives forecast for various segments of the medical tourism industry based on feasible tourism industry environment in South Korea. These include:
- Medical Tourist Arrivals
- Medical Tourism Receipts
- Number of Doctors
- Number of Hospital Beds
- Real GDP Growth
- Population
- Personal Disposable Income
The report also includes detailed information about the key players in the medical tourism industry of South Korea, including Asan Medical Center, Seoul National University Hospital, Samsung Medical Center, Ajou University Hospital, Yonsei University Health System and Kangnam St. Mary's Hospital.
For more detail visit :- http://www.marketsmonitor.com/Emerging-Medical-Tourism-in-South-Korea-Report/IM026.htm
Malaysia Medical Tourism Outlook 2012
Medical tourism has emerged as the fastest growing segment of the tourism industry despite the global economic downturn. High cost of treatments in developed countries, particularly in the USA and the UK, have been continually attracting patients from such regions towards alternative cost-effective destinations like Malaysia, India and other Asian countries. At present, medical tourism in Asia is in its infancy, but has an enormous potential for future growth and development.
According to our research report “Malaysia Medical Tourism Outlook 2012”, Malaysia is one of the most popular tourist destinations in the ASEAN region. Despite the global economic slowdown, it received around 22 Million international tourists in 2008, an increase of around 5% over the previous year (2007). Singapore, Indonesia and Thailand are important sources of visitors for the country.
Malaysia has one of the most developed healthcare infrastructures in the region and is considered as the paradise for healthcare facilities and hospitals. Malaysia received around 75% of medical tourists from the ASEAN region, followed by Japan and Europe at 3% each, India at 2% and others at 17% in 2008.
Medical tourism has become a major segment of the tourism industry of Malaysia because of its medical excellence with its high quality services and well-trained medical specialists. Its network of private hospitals offers comprehensive services in all-medical disciplines. Further growth will be driven by country’s low cost advantage, booming tourism industry and large inflow of patients from neighboring countries such as Indonesia. It is expected that the revenues from medical tourism will grow at a CAGR of around 23% during the forecasted period of 2009-2012.
“Malaysia Medical Tourism Outlook 2012” provides thorough analysis of the current market performance and the future outlook of Malaysia’s medical tourism industry. It acknowledges the fact that Malaysia differs vastly from other destinations in terms of cost, infrastructure, human resources, patient perceptions, competencies, and the level of government support. All these factors have been thoroughly studied in the report. In all, the report provides valuable information to clients looking to venture into these markets and helps them to devise strategies while going for an investment/partnership in Malaysia.
For more detail visit :- http://www.marketsmonitor.com/Malaysia-Medical-Tourism-Outlook-2012-Report/IM211.htm
According to our research report “Malaysia Medical Tourism Outlook 2012”, Malaysia is one of the most popular tourist destinations in the ASEAN region. Despite the global economic slowdown, it received around 22 Million international tourists in 2008, an increase of around 5% over the previous year (2007). Singapore, Indonesia and Thailand are important sources of visitors for the country.
Malaysia has one of the most developed healthcare infrastructures in the region and is considered as the paradise for healthcare facilities and hospitals. Malaysia received around 75% of medical tourists from the ASEAN region, followed by Japan and Europe at 3% each, India at 2% and others at 17% in 2008.
Medical tourism has become a major segment of the tourism industry of Malaysia because of its medical excellence with its high quality services and well-trained medical specialists. Its network of private hospitals offers comprehensive services in all-medical disciplines. Further growth will be driven by country’s low cost advantage, booming tourism industry and large inflow of patients from neighboring countries such as Indonesia. It is expected that the revenues from medical tourism will grow at a CAGR of around 23% during the forecasted period of 2009-2012.
“Malaysia Medical Tourism Outlook 2012” provides thorough analysis of the current market performance and the future outlook of Malaysia’s medical tourism industry. It acknowledges the fact that Malaysia differs vastly from other destinations in terms of cost, infrastructure, human resources, patient perceptions, competencies, and the level of government support. All these factors have been thoroughly studied in the report. In all, the report provides valuable information to clients looking to venture into these markets and helps them to devise strategies while going for an investment/partnership in Malaysia.
For more detail visit :- http://www.marketsmonitor.com/Malaysia-Medical-Tourism-Outlook-2012-Report/IM211.htm
China Telecom Industry Forecast to 2012
China’s telecommunication sector has been continuously witnessing considerable developments over the recent years. The country now owns the world’s largest telecommunication networks in terms of both network capacity and number of subscribers. The telecom industry has experienced double-digit growth over the past decade. And the recent move by the government, aimed at restructuring the domestic telecom industry following the issuance of 3G licenses in early 2009, has brought about a wave of rapid development and deployment of telecom infrastructure throughout the country.
According to our report on the sector called “China Telecom Industry Forecast to 2012”, operators continue to invest billions of dollars into the development of world-class telecom infrastructure in the country, despite gloomy economic environment. The issuance of 3G licenses in January 2009 has initiated a wave of investments that has long been waited for.
We have found that the country continue to see fast addition of subscribers in its mobile, Internet and broadband sector. Meanwhile, declining trend has been seen in its fixed line telephony market and we expect same trend to continue in near future as well. However, subscribers in mobile, Internet and broadband sector are forecasted to grow at CAGR of more than 8%, around 17% and 26% respectively during 2009-2012 and their respective penetration rate will approach nearly 67%, 42% and 16% by the end of 2012. Various factors which will drive this future growth have been thoroughly discussed in the report.
“China Telecom Industry Forecast to 2012” provides extensive research and analysis on the rapidly growing Chinese telecom market. It provides detailed analysis on the country’s fixed-line telephony, mobile telephony, Internet and broadband market, coupled with their current performance and future prospects. The report provides clients an insight into the emerging technologies, subscriber growth, handset sales, market share, market penetration, opportunities and roadblocks, and future scenario of the Chinese telecom market.
For more detail visit :- http://www.marketsmonitor.com/China-Telecom-Industry-Forecast-to-2012-Report/IM210.htm
According to our report on the sector called “China Telecom Industry Forecast to 2012”, operators continue to invest billions of dollars into the development of world-class telecom infrastructure in the country, despite gloomy economic environment. The issuance of 3G licenses in January 2009 has initiated a wave of investments that has long been waited for.
We have found that the country continue to see fast addition of subscribers in its mobile, Internet and broadband sector. Meanwhile, declining trend has been seen in its fixed line telephony market and we expect same trend to continue in near future as well. However, subscribers in mobile, Internet and broadband sector are forecasted to grow at CAGR of more than 8%, around 17% and 26% respectively during 2009-2012 and their respective penetration rate will approach nearly 67%, 42% and 16% by the end of 2012. Various factors which will drive this future growth have been thoroughly discussed in the report.
“China Telecom Industry Forecast to 2012” provides extensive research and analysis on the rapidly growing Chinese telecom market. It provides detailed analysis on the country’s fixed-line telephony, mobile telephony, Internet and broadband market, coupled with their current performance and future prospects. The report provides clients an insight into the emerging technologies, subscriber growth, handset sales, market share, market penetration, opportunities and roadblocks, and future scenario of the Chinese telecom market.
For more detail visit :- http://www.marketsmonitor.com/China-Telecom-Industry-Forecast-to-2012-Report/IM210.htm
Consumer Electronics Market Forecast to 2012
The consumer electronics industry has been witnessing a phenomenal growth globally over the past few years. This growth can be attributed to the revolutionary technological developments taking place in the consumer electronics industry. The revolution brought by the digital technology has enabled the consumer electronics sector to profit from the growing interaction of digital applications, such as camcorders, DVD player/recorder, still camera, computer monitor, LCD TV, etc. In 2008, the global consumer electronics market was worth US$ 335.2 Billion.
According to our new research “Consumer Electronics Market Forecast to 2012”, the global consumer electronics market is forecasted to grow at a CAGR of around 5% during 2009–2012. Also, during the same period, the global consumer electronics shipment will grow at a CAGR of around 5%. Various factors driving the future growth have been thoroughly studied in the report.
On the regional front, we found that the American region, mainly US, is driving the global consumer electronics industry, closely followed by Europe. In future, Asia Pacific region will constitute the major portion of the consumer electronics industry, mainly due to the increase in demand from the developed countries in the region. Also, the American region alongwith the European region will see a decline in their market shares because the markets there have attained saturation and only the advent of new technology will boost the demand.
Our research foresees continuous development of digital technologies which are revolutionizing the consumer electronics industry worldwide. Moreover, the continuously falling prices of consumer electronics in several regions are also giving a reason to higher number of consumers to spend on consumer electronics. These factors indicate that the consumer electronics industry has bright future ahead, particularly in countries like China and India where the economy is moving at a relatively fast pace.
“Consumer Electronics Market Forecast to 2012” provides extensive information and rational analysis on the global consumer electronics market and emerging trends in the industry. It gives an insight of the regional trends alongwith the product-wise segmentation of the consumer electronics market across the globe. Analysis and statistics regarding market size, growth, regional segmentation, and trends in technology developments have been thoroughly studied to give comprehensive overview of the market.
For more detail visit :- http://www.marketsmonitor.com/Consumer-Electronics-Market-Forecast-to-2012-Report/IM208.htm
According to our new research “Consumer Electronics Market Forecast to 2012”, the global consumer electronics market is forecasted to grow at a CAGR of around 5% during 2009–2012. Also, during the same period, the global consumer electronics shipment will grow at a CAGR of around 5%. Various factors driving the future growth have been thoroughly studied in the report.
On the regional front, we found that the American region, mainly US, is driving the global consumer electronics industry, closely followed by Europe. In future, Asia Pacific region will constitute the major portion of the consumer electronics industry, mainly due to the increase in demand from the developed countries in the region. Also, the American region alongwith the European region will see a decline in their market shares because the markets there have attained saturation and only the advent of new technology will boost the demand.
Our research foresees continuous development of digital technologies which are revolutionizing the consumer electronics industry worldwide. Moreover, the continuously falling prices of consumer electronics in several regions are also giving a reason to higher number of consumers to spend on consumer electronics. These factors indicate that the consumer electronics industry has bright future ahead, particularly in countries like China and India where the economy is moving at a relatively fast pace.
“Consumer Electronics Market Forecast to 2012” provides extensive information and rational analysis on the global consumer electronics market and emerging trends in the industry. It gives an insight of the regional trends alongwith the product-wise segmentation of the consumer electronics market across the globe. Analysis and statistics regarding market size, growth, regional segmentation, and trends in technology developments have been thoroughly studied to give comprehensive overview of the market.
For more detail visit :- http://www.marketsmonitor.com/Consumer-Electronics-Market-Forecast-to-2012-Report/IM208.htm
China Automobile Sector Forecast to 2012
China's automobile industry has been rapidly developing since 2000. Recently, at the starting of 2009, China has overtaken the US to become the largest automobile market in the world. Despite the impact of recession, country’s economy is growing steadily. Moreover, China has a vast consumer base with increasing disposable income and changing lifestyle and rapid development in road infrastructure, China has become a renowned name in the global automobile industry.
According to our latest study “China Automobile Sector Forecast to 2012”, China produced a total 9.3 Million vehicles in 2008, surpassing United States as the 2nd largest automobile maker, after Japan. The automobile production in China is expected to reach 16 Million Units by 2012, hitting a CAGR of around 17% during 2009-2012. Despite the ongoing financial crisis, China has also become the largest automobile market in the world, with total sale of 3.84 Million vehicles for the first four months of 2009. It is expected that China will surpass the United States and become the largest car market for the full year of 2009.
China is also making every possible effort to become the world’s leading producer of new energy vehicle. Chinese government has recently announced various incentives and subsidies to boost the new energy vehicle market and to become the world’s largest producer of electric cars in the next three years. After the announcement, various big players, including investor Warren Buffet, BMW and Toyota, and leading Chinese auto manufacturers like Chery Automobile and Geely Automobile, are entering or planning to enter the promising green vehicle market of China.
The report covers various aspects of the Chinese automobile market. It gives detailed analysis of the Chinese automobile market and its various segments including passenger vehicle, commercial vehicle, utility vehicles, two wheelers and auto component. Each section explains the current and future market trends, and developments in the Chinese automobile market. Our research forecasts immense opportunities for automobile manufacturers and players of automobile component industry in China.
Besides this, we have also comprehensively analyzed the alternative fuel vehicle industry in China and its future outlook. The study also evaluates the growth avenues available for the country’s automobile market, which include motor insurance industry, steel industry, used vehicle market, automotive electronic market, biofuel industry, etc.
For more detail visit :- http://www.marketsmonitor.com/China-Automobile-Sector-Forecast-to-2012-Report/IM209.htm
According to our latest study “China Automobile Sector Forecast to 2012”, China produced a total 9.3 Million vehicles in 2008, surpassing United States as the 2nd largest automobile maker, after Japan. The automobile production in China is expected to reach 16 Million Units by 2012, hitting a CAGR of around 17% during 2009-2012. Despite the ongoing financial crisis, China has also become the largest automobile market in the world, with total sale of 3.84 Million vehicles for the first four months of 2009. It is expected that China will surpass the United States and become the largest car market for the full year of 2009.
China is also making every possible effort to become the world’s leading producer of new energy vehicle. Chinese government has recently announced various incentives and subsidies to boost the new energy vehicle market and to become the world’s largest producer of electric cars in the next three years. After the announcement, various big players, including investor Warren Buffet, BMW and Toyota, and leading Chinese auto manufacturers like Chery Automobile and Geely Automobile, are entering or planning to enter the promising green vehicle market of China.
The report covers various aspects of the Chinese automobile market. It gives detailed analysis of the Chinese automobile market and its various segments including passenger vehicle, commercial vehicle, utility vehicles, two wheelers and auto component. Each section explains the current and future market trends, and developments in the Chinese automobile market. Our research forecasts immense opportunities for automobile manufacturers and players of automobile component industry in China.
Besides this, we have also comprehensively analyzed the alternative fuel vehicle industry in China and its future outlook. The study also evaluates the growth avenues available for the country’s automobile market, which include motor insurance industry, steel industry, used vehicle market, automotive electronic market, biofuel industry, etc.
For more detail visit :- http://www.marketsmonitor.com/China-Automobile-Sector-Forecast-to-2012-Report/IM209.htm
Indian Food and Drinks Market: Emerging Opportunities
With vast population base, growing middle class and strong macroeconomic environment, the Indian food & drinks market has emerged as the one of the fastest growing segments in the Indian retail industry. Rapid lifestyle transformation, particularly among those living in urban areas, has resulted into a dramatic increase in the demand for processed or health food, packaged and ready-to-eat food products. Arrival of food multinationals and proliferation of fast food outlets have further added to the growth in this industry. The changing scenario of the retail industry, like opening up of new supermarkets/hypermarkets, shopping malls and fast food outlets, coupled with favorable industry trends, is about to bring radical shifts in the food & drink industry, says “Indian Food and Drinks Market: Emerging Opportunities”, a latest industry analysis by RNCOS.
Almost all the segments analyzed in the report are found to be growing at rapid pace even in the phase of economic crisis, especially the alcoholic drinks segment, which is expected to reach 3 Billion Liter mark by 2012 from around 1.95 Billion Liters in 2008, has been outperforming other segments in terms of sales growth and concreting a solid platform for stiff competition in the domestic market among existing as well as new market players.
The low brand loyalty and price-sensitive consumer behavior is still preventing the Indian market to unfold its full potential. However, it will require balanced brand portfolio strategies, comprising of diverse product mix with superb level of quality and that too on an affordable price. This is expected to result into an overall market progress in which the consumer will be benefited the most.
The report provides in-depth research and rational analysis on the food & drinks industry in India. It provides detailed overview of the consumption patterns of Indians in various food segments, like milk, fruits, vegetables, meat, etc. The beverage segment talks about the type of beverages, their sales and consumption patterns among the Indian populace. The report aims at assisting clients in analyzing the potential growth areas, challenges and drivers critical for the Indian food & drinks industry.
For more detail visit :- http://www.marketsmonitor.com/Indian-Food-and-Drinks-Market-Emerging-Opportunities-Report/IM141.htm
Almost all the segments analyzed in the report are found to be growing at rapid pace even in the phase of economic crisis, especially the alcoholic drinks segment, which is expected to reach 3 Billion Liter mark by 2012 from around 1.95 Billion Liters in 2008, has been outperforming other segments in terms of sales growth and concreting a solid platform for stiff competition in the domestic market among existing as well as new market players.
The low brand loyalty and price-sensitive consumer behavior is still preventing the Indian market to unfold its full potential. However, it will require balanced brand portfolio strategies, comprising of diverse product mix with superb level of quality and that too on an affordable price. This is expected to result into an overall market progress in which the consumer will be benefited the most.
The report provides in-depth research and rational analysis on the food & drinks industry in India. It provides detailed overview of the consumption patterns of Indians in various food segments, like milk, fruits, vegetables, meat, etc. The beverage segment talks about the type of beverages, their sales and consumption patterns among the Indian populace. The report aims at assisting clients in analyzing the potential growth areas, challenges and drivers critical for the Indian food & drinks industry.
For more detail visit :- http://www.marketsmonitor.com/Indian-Food-and-Drinks-Market-Emerging-Opportunities-Report/IM141.htm
Saturday, September 19, 2009
Booming UAE Telecom Sector
The UAE’s telecommunication market has shown tremendous growth over the recent past, mainly propelled by the government initiatives aimed at the deregulation of the market and introduction of competition. The TRA (Telecommunication Regulatory Authority) remains at the forefront of the success of the country’s telecom sector. It is continuously considering and evaluating ways to further intensify competition in the UAE telecom market.
“Booming UAE Telecom Sector” provides in-depth analysis of the telecommunication market in the UAE. It gives an insight into the current market trends dominating the market. The research report also gives industry forecast on various telecom segments based on feasible telecom industry environment in the UAE. These include telecommunication industry, fixed-line, mobile subscribers, Internet subscribers, broadband subscribers and 3G subscribers. Moreover, our research presents thorough analysis on the current and potential outlook of various emerging technologies, such as IPTV and Mobile TV in the UAE.
Our research reveals that penetration in the mobile market reached around 190% in 2008, leaving less room for operators to take further advantage of the market. But this doesn’t indicate the end of growth as the number of mobile subscribers is forecasted to grow at a CAGR of over 7% during 2009-2012. Moreover, operators are now looking at Value Added Services (VAS) to derive revenues from saturated mobile market.
In line with the increasing education and business in the region, the demand for Internet services has also increased in recent years. Although dial-up subscriptions currently dominates the Internet market, we project broadband subscribers to account for nearly 65% of Internet subscribers in coming few years.
Keeping in view that the UAE telecom market remains duopoly of Etisalat and du and their importance in the success of the country’s telecom sector, the report offers rational analysis on both these operators. This includes in-depth research and extensive analysis on their business activities, recent developments and SWOT analysis in regard to the UAE telecom industry.
For more detail visit :- http://www.marketsmonitor.com/Booming-UAE-Telecom-Sector-Report/IM164.htm
“Booming UAE Telecom Sector” provides in-depth analysis of the telecommunication market in the UAE. It gives an insight into the current market trends dominating the market. The research report also gives industry forecast on various telecom segments based on feasible telecom industry environment in the UAE. These include telecommunication industry, fixed-line, mobile subscribers, Internet subscribers, broadband subscribers and 3G subscribers. Moreover, our research presents thorough analysis on the current and potential outlook of various emerging technologies, such as IPTV and Mobile TV in the UAE.
Our research reveals that penetration in the mobile market reached around 190% in 2008, leaving less room for operators to take further advantage of the market. But this doesn’t indicate the end of growth as the number of mobile subscribers is forecasted to grow at a CAGR of over 7% during 2009-2012. Moreover, operators are now looking at Value Added Services (VAS) to derive revenues from saturated mobile market.
In line with the increasing education and business in the region, the demand for Internet services has also increased in recent years. Although dial-up subscriptions currently dominates the Internet market, we project broadband subscribers to account for nearly 65% of Internet subscribers in coming few years.
Keeping in view that the UAE telecom market remains duopoly of Etisalat and du and their importance in the success of the country’s telecom sector, the report offers rational analysis on both these operators. This includes in-depth research and extensive analysis on their business activities, recent developments and SWOT analysis in regard to the UAE telecom industry.
For more detail visit :- http://www.marketsmonitor.com/Booming-UAE-Telecom-Sector-Report/IM164.htm
Booming Retail Sector in UAE
Retail is one of the fastest growing industries in the United Arab Emirates (UAE). In recent years, UAE has emerged as one of the leading countries in the world providing the most conducive retail environment. In fact, UAE is the fourth most attractive destination for retail after India, Russia and China, thanks to its rapid economic growth, rising purchasing power, favorable policy framework, and growing consumer spending.
Despite recession, the retail sector in the UAE continues to grow rapidly with an expected CAGR of over 12% to be achieved during 2009-2013. Factors like increasing household consumption and booming service industry (including tourism, banking and trading sectors) will drive the future growth of the retail sector. Also, the modern shopping malls anchoring state-of-the-art hypermarkets and various shopping events like Dubai Shopping Festival make the country a more lucrative destination for retail industry, says “Booming Retail Sector in UAE”, a market research report by RNCOS.
The per capita gross leasable area in UAE is growing at a blistering pace and surpassed 1 Sq Meter in 2008. This has resulted in significant surge in the country’s retail space and uplifted the retail spending in the country. The trend is forecasted to continue in future as well, helping UAE to emerge as one of the dense retail markets in the world.
Realizing its potential as a promising retail outfit, a number of large international retailers are heading to UAE. Sophisticated retail infrastructure base and oil-based wealth have further attracted the foreign retailers towards the country. This is not only boosting the retail environment in the country but also generating immense employment opportunities for the country’s population.
Our report “Booming Retail Sector in UAE” provides extensive research and rational analysis on various aspects of the UAE retail industry and underlines the key issues related to the industry. The conceptual treatment is provided for all relevant industry segments to facilitate the deep and informative understanding of the market. The research also studies the behavior of the UAE’s consumers with respect to their purchasing power, spending pattern, and inclination towards domestic and foreign brands. The future growth areas discussed in the report helps to analyze the emerging market segments for players.
For more detail visit :- http://www.marketsmonitor.com/Booming-Retail-Sector-in-UAE-Report/IM108.htm
Despite recession, the retail sector in the UAE continues to grow rapidly with an expected CAGR of over 12% to be achieved during 2009-2013. Factors like increasing household consumption and booming service industry (including tourism, banking and trading sectors) will drive the future growth of the retail sector. Also, the modern shopping malls anchoring state-of-the-art hypermarkets and various shopping events like Dubai Shopping Festival make the country a more lucrative destination for retail industry, says “Booming Retail Sector in UAE”, a market research report by RNCOS.
The per capita gross leasable area in UAE is growing at a blistering pace and surpassed 1 Sq Meter in 2008. This has resulted in significant surge in the country’s retail space and uplifted the retail spending in the country. The trend is forecasted to continue in future as well, helping UAE to emerge as one of the dense retail markets in the world.
Realizing its potential as a promising retail outfit, a number of large international retailers are heading to UAE. Sophisticated retail infrastructure base and oil-based wealth have further attracted the foreign retailers towards the country. This is not only boosting the retail environment in the country but also generating immense employment opportunities for the country’s population.
Our report “Booming Retail Sector in UAE” provides extensive research and rational analysis on various aspects of the UAE retail industry and underlines the key issues related to the industry. The conceptual treatment is provided for all relevant industry segments to facilitate the deep and informative understanding of the market. The research also studies the behavior of the UAE’s consumers with respect to their purchasing power, spending pattern, and inclination towards domestic and foreign brands. The future growth areas discussed in the report helps to analyze the emerging market segments for players.
For more detail visit :- http://www.marketsmonitor.com/Booming-Retail-Sector-in-UAE-Report/IM108.htm
Booming Medical Tourism in India
Medical tourism in India has emerged as the fastest growing segment of tourism industry despite the global economic downturn. High cost of treatments in the developed countries, particularly the USA and UK, has been forcing patients from such regions to look for alternative and cost-effective destinations to get their treatments done. The Indian medical tourism industry is presently at a nascent stage, but has an enormous potential for future growth and development.
As per our new market research report “Booming Medical Tourism in India”, India’s share in the global medical tourism industry will climb to around 2.4% by the end of 2012. Moreover, the medical tourism is expected to generate revenue of US$ 2.4 Billion by 2012, growing at a CAGR of over 27% during 2009–2012. The number of medical tourists is anticipated to grow at a CAGR of over 19% in the forecast period to reach 1.1 Million by 2012.
We have also found that India represents the most potential medical tourism market in the world. Factors such as low cost, scale and range of treatments provided by India differentiate it from other medical tourism destinations. Moreover, the growth in India’s medical tourism market will be a boon for several associated industries, including hospital industry, medical equipments industry and pharmaceutical industry.
In addition to the existence of modern medicine, indigenous or traditional medical practitioners are providing their services across the country. There are over 3,000 hospitals and around 726,000 registered practitioners catering to the needs of traditional Indian healthcare. Indian hotels are also entering the wellness services market by tying up with professional organizations in a range of wellness fields and offering spas and Ayurvedic massages.
Our comprehensive report also provides a deep insight into the Indian medical tourism market and evaluates the past, present and future scenario of the medical tourism market. It discusses the key factors which are making India an attractive medical tourism destination. Both statistics and trends about market size, tourist arrivals, infrastructure, accreditations, drivers and restraints have been thoroughly discussed in the report.
For more detail visit :- http://www.marketsmonitor.com/Booming-Medical-Tourism-in-India-Report/IM123.htm
As per our new market research report “Booming Medical Tourism in India”, India’s share in the global medical tourism industry will climb to around 2.4% by the end of 2012. Moreover, the medical tourism is expected to generate revenue of US$ 2.4 Billion by 2012, growing at a CAGR of over 27% during 2009–2012. The number of medical tourists is anticipated to grow at a CAGR of over 19% in the forecast period to reach 1.1 Million by 2012.
We have also found that India represents the most potential medical tourism market in the world. Factors such as low cost, scale and range of treatments provided by India differentiate it from other medical tourism destinations. Moreover, the growth in India’s medical tourism market will be a boon for several associated industries, including hospital industry, medical equipments industry and pharmaceutical industry.
In addition to the existence of modern medicine, indigenous or traditional medical practitioners are providing their services across the country. There are over 3,000 hospitals and around 726,000 registered practitioners catering to the needs of traditional Indian healthcare. Indian hotels are also entering the wellness services market by tying up with professional organizations in a range of wellness fields and offering spas and Ayurvedic massages.
Our comprehensive report also provides a deep insight into the Indian medical tourism market and evaluates the past, present and future scenario of the medical tourism market. It discusses the key factors which are making India an attractive medical tourism destination. Both statistics and trends about market size, tourist arrivals, infrastructure, accreditations, drivers and restraints have been thoroughly discussed in the report.
For more detail visit :- http://www.marketsmonitor.com/Booming-Medical-Tourism-in-India-Report/IM123.htm
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