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Press Releases from Makreo Research And Consulting (109 total)

Philippines Used Car Market Surges Past 1.2 Million Units, Projected 8.10% Reven …

Transformative Surge in the Philippines' Used Car Market Robust Growth Propelled by 12% CAGR from 2019 to 2023 The Philippines' used car market is experiencing a transformative surge, driven by a robust Compound Annual Growth Rate (CAGR) exceeding 12% from 2019 to 2023. Sales have surpassed an impressive 1.2 million units, with tier 2 cities emerging as pivotal players, while tier 1 cities like Metro Manila, Quezon City, and Cebu City maintain

Indonesia Logistics & Warehousing Sector Thrives: CAGR Hits 9.44%, Cold Storage …

The logistics and warehousing industry in Indonesia are experiencing a revolutionary shift, driven by a confluence of factors including market consolidation, post-pandemic economic resurgence, and ongoing infrastructural advancements. This transformation is vividly reflected in the market's remarkable growth trajectory, boasting a remarkable Compound Annual Growth Rate (CAGR) of 9.44% over the past half-decade. Of particular note is the burgeoning prospects within the processing industry segment, poised to present lucrative opportunities

Indonesia Used Car Market Surpasses 2.5 Million Units Sales, Reflecting Resilien …

The Indonesia used car market has indeed exhibited resilience amidst the challenges posed by the Covid-19 pandemic. Despite the upheavals in various sectors, the Indonesia used car industry has managed to maintain a positive trajectory, with consumers increasingly favoring pre-owned vehicles over new ones. This shift in consumer behavior is evidenced by the remarkable volume of used car sales, which surpassed 2.5 million units in 2019, highlighting a growing preference

Australia's Logistics Landscape: Major Players Transforming the Industry with In …

In Australia, the logistics and warehousing market exhibits a relatively low concentration of market share. While certain companies may dominate specific segments within the integrated logistics industry, their overall market share across the entire sector remains modest. Makreo Research in its recently published research study on Australia logistics and warehousing sector has identified key market players and their performance. The study conducted by Makreo Research on the "Australia Logistics and Warehousing

India Warehousing and Logistics Market Expands, Driven by Surge in Cold Chain an …

In 2023, India took the lead in expanding the warehousing and cold chain markets across the Asia Pacific region, foreseeing an addition of over 30 million square meters. This expansion is prominently driven by key cities such as Bengaluru, Delhi-NCR, and Mumbai, which have emerged as frontrunners in this surge. Notably, this growth trajectory has led to a surge in rental rates in 2023. This demonstrates the pivotal role that the

Driving India's Economic Renaissance: The Thriving Used Car Market

India's Economic Renaissance Fuels Surge in Pre-Owned Car Market India is in the midst of an economic renaissance, marked by rapid development, an expanding workforce, and an increase in disposable income across the nation. This surge in economic growth has given rise to a burgeoning middle class, armed with greater purchasing power and a penchant for personal vehicles, particularly pre-owned cars. This shift in consumer behavior is poised to reshape the

In Global Warehousing the Cold Storage Market Set to Reach $915.70 Billion by 20 …

In a groundbreaking revelation, the latest report on the global warehouse cold storage market unveils staggering figures, showcasing unprecedented growth and unrivalled potential in the industry. Titled "'Global Warehousing and Cold Storage Market Size and Forecast (2020-2030)," the report, published by Makreo Research delves into the dynamic landscape of cold storage warehousing, shedding light on key trends, developments, and forecasts shaping the industry's trajectory. Cold storage warehouses, comprising specialized facilities

Global Mattress Market Witnesses Noteworthy Growth Amidst Pandemic

The global mattress market has witnessed significant expansion, rising from USD 37 billion in 2018 to USD 40 billion in 2019, reflecting a remarkable year-on-year growth rate of 9.92%. This growth comes amidst unprecedented challenges posed by the COVID-19 pandemic, underscoring the resilience and adaptability of the industry. ► Global Mattress Market Size and Growth Trends The size of the worldwide mattress market has experienced a noteworthy expansion, with a remarkable year-on-year

Warehousing and Storage Market in North America Poised for Growth, Driven by E-c …

The North American warehousing and storage market is projected for steady growth in the coming years, fueled by the booming e-commerce sector and the increasing need for temperature-controlled facilities. The United States holds the dominant position in the market, with major players actively investing in innovative technologies to enhance operational efficiency and cater to the rising demand for cold storage solutions. Market Landscape: United States Leads the Way: The U.S. boasts major

German Warehousing Market Booms on E-commerce Surge and Trade Growth

Throughout 2022, the German warehouse and logistics market experienced a notable uptake, totaling approximately 8.5 million square meters. While this figure slightly fell short of the record set in the previous year, which stood at 8.67 million square meters, it still surpassed the five-year average by a significant margin of 19%. This suggests a sustained and robust demand for warehouse facilities within the country. The surge in demand for warehousing across

North America Mattress Market: Growth Trends and Forecasts 2018-2030

In North America, more than one individual in five was aged 60 or over in recent years. The population of different districts are becoming older too. The local population matured 60 years or over, numbered 962 million every year, over two times as extensive as in 1980, when there were 382 million more older people across the district. The rise in the number of old consumers is increasing the interest

Mattress Market Soars: Sustainability, Innovation, and Online Boom Drive Global …

The size of the global mattress market witnessed a noteworthy expansion, rising by USD 9.5 billion from 2019 to 2023, indicating a remarkable year-on-year growth. Amidst the pandemic, the mattress industry exhibited notable growth within the broader furniture sector. As individuals found themselves compelled to spend more time at home, there was a substantial upswing in the desire for home improvements, translating into an accelerated need for the replacement of

Sweden's Warehousing and Logistics Sector Booms Amidst High Demand and Global Re …

The Swedish logistics market is currently experiencing a surge, marked by consistently high levels of contemporary logistics space being introduced each quarter. Despite this influx, the demand for modern logistics facilities far exceeds the available supply, particularly driven by the growing popularity of e-commerce. In Q4 2021, the Logistics Prime Yield hit an unprecedented historical low of 3.45%, indicating a robust market with further compression anticipated in Q1 2023. ► E-commerce

Navigating India's Logistics Renaissance - A Comprehensive Insight into Warehous …

The landscape of the warehousing and cold chain sector in India is undergoing substantial changes, propelled by the rapid expansion of the economy, shifts in consumer preferences, and advancements in technology. A recent in-depth report from Makreo Research and Consulting meticulously explores the intricacies of the warehousing and cold chain market, providing a thorough understanding of the key players striving for prominence in this dynamically evolving industry. The industry is

Asia-Pacific Mattress Market Surges with Remarkable Growth, Fueled by Evolving C …

The Asia-Pacific region is positioned as the primary consumer market for mattresses, driven by the substantial population in India, China, and Indonesia. The growth of the mattress industry in this region is influenced by various factors, including an increase in household numbers, evolving consumer preferences, technological advancements, a higher demand for hybrid and gel-filled mattresses, supportive government policies, rising disposable income, and lifestyle changes. According to Makreo Research, Asia-Pacific Mattress Market

India's Flexible Packaging Market Soars with a Projected 13.9% CAGR, Makreo Rese …

According to Makreo Research, India flexible packaging market is expected to grow at a rate of 10.1%. A significant number of biaxial film production lines have increased their capacity from around 1.3 million tons in 2019 to approximately 2.6 million tons as of March 31, 2022. One of the industries in India experiencing the fastest growth is packaging, which is the fifth-largest industry by market size. The business is expanding

Sleeping Innovations: Navigating the Dynamic Landscape and Futuristic Trends of …

According to Makreo Research the European mattress market has emerged as a dynamic and thriving industry, showcasing notable trends, significant growth, and innovative strides. Europe is the third-largest market, with the United Kingdom and Germany being the largest. A recent analysis of this market reveals compelling insights into its evolution, driven by changing consumer preferences and technological advancements. In recent years, the European mattress market has experienced a remarkable surge,

Sleeping Giants: Unveiling the Booming Trends and Innovations in the India Mattr …

India's Mattress Industry: Riding High on Evolving Trends and Innovations The organized modern Indian mattress market comprises Polyurethane (PU) Foam, Rubberised Coir, and Spring mattresses. In the Indian market, PU foam mattresses enjoy a dominant market share. Moreover, the growth of end-user industries like bedding & furniture, electronics, automotive, and building & construction contributes to the expanding demand for PU foam mattresses. The mattress industry in India is currently experiencing an extraordinary

Makreo Research: Tailored Research Solutions for Your Business Success

In the rapidly evolving landscape of business, information stands as the linchpin of smart decisions and a competitive edge. Navigating this intricate terrain requires the expertise of market research professionals who can unravel the complexities of data, providing invaluable insights into customer behavior, industry trends, and market opportunities. Makreo Research and Consulting, India's trusted market research company, takes the lead in offering bespoke market research solutions that empower businesses with

Philippines Remittance Market Report: A Dynamic Landscape of Overseas Contributi …

According to Makreo Research analysis, the Philippines stands as the world's fourth-largest remittance market, trailing only India, China, and Mexico, as reported by the World Bank. In 2020, personal remittances from overseas Filipinos played a pivotal role, constituting a substantial 9.6% of the nation's GDP. Throughout 2022, remittances experienced a boost due to several factors. Strong oil prices in Gulf Cooperation Council (GCC) countries contributed to increased incomes for migrants.

The Flourishing Growth of Poland's Plant-Based Food Market: A Comprehensive Anal …

The Plant-Based Food Trend in Poland Poland, like many other nations, has witnessed a surge in the popularity of plant-based foods, driven by a multitude of factors, including concerns about health and the environment. Consumers are increasingly seeking alternatives to traditional animal-based products. Notably, the plant-based trend gained significant traction in Poland around 2018, with Polish vegans and vegetarians having early access to plant-based meat alternatives, thanks to pioneering companies like

India's Flexible Packaging Market Experiences Remarkable Growth and Export Succe …

The flexible packaging industry in India has emerged as one of the high-growth sectors in the country, with annual growth rates reaching an astonishing 22-25% in 2021. As the 5th largest sector of India's economy, the packaging industry continues to exhibit steady growth and significant potential for further expansion, particularly in the export market. This press release delves into the factors behind this growth, the dominance of flexible packaging, the

Global Construction Chemicals Market: Growth, Trends, and Opportunities in a Cha …

The global construction chemicals market is experiencing a surge, primarily fueled by the growing urban population and the increasing demand for various types of structures, including public, commercial, and residential buildings. Furthermore, the escalating individual disposable income is contributing to the worldwide expansion of the construction chemicals market. Prominent companies within the construction chemical industry are directing their efforts towards environmentally friendly and sustainable products. These include solutions like cool roof

North American Plant-Based Food Market: Growth, Challenges, and Future Trends - …

North American Vegan Food Market Thrives Amidst Shifting Trends and Challenges" The North American vegan food market has been on a consistent growth trajectory in recent years. The most remarkable upswing was in 2020, triggered by notable changes in consumer behavior brought about by the COVID-19 pandemic. The market's sustained positive performance reflects a growing interest in vegan food products driven by health and environmental concerns. The future outlook remains promising,

Navigating Growth in Qatar's Pharmaceutical Warehousing Market: Opportunities an …

The Qatar pharmaceutical market shows promise, despite its relatively smaller size within the Gulf Cooperation Council (GCC). This article explores the potential growth and opportunities within Qatar's pharmaceutical warehousing market, emphasizing various contributing factors. ► Import-Heavy Pharmaceutical Landscape Qatar heavily relies on imports for its pharmaceutical needs due to a lack of indigenous pharmaceutical companies. This creates a substantial demand for pharmaceutical warehousing. Surprisingly, a significant majority of pharmaceutical businesses in Qatar

Europe Plant-Based Food Market: Growing Trends and Future Projections - Makreo R …

► Rapid Growth of the European Plant-Based Food and Dairy Market The European plant-based food and dairy market is currently experiencing substantial growth, and this positive trend is projected to continue. Over the past few years, Europe has witnessed a surge in consumer interest and demand for plant-based food and dairy products. This surge can be attributed to various factors, including heightened health awareness, environmental concerns, a growing focus on animal

Driving Growth: Vietnam Car Rental Market Gears Up for 7.34% CAGR through 2027 - …

The car rental sector in Vietnam is currently in a phase of development, characterized by a fragmented market landscape. This fragmentation, however, serves as a fertile ground for both domestic and international companies to explore exciting prospects within the industry. They have the chance to leverage technological advancements and play a pivotal role in various mergers and acquisitions taking place. Notably, the car rental industry in Vietnam has experienced a surge

Australia Logistics Market: Navigating Growth and Transformations - Makreo Resea …

The foundation of Australia's economic framework heavily relies on the freight and logistics sector, serving as the linchpin that enables efficient transportation of goods across vast distances and fosters connectivity between businesses and global markets. The Australia Logistics Market is currently undergoing a substantial transformation, driven by technological advancements and evolving consumer expectations. Furthermore, the exponential growth of e-commerce has emerged as a pivotal catalyst for the Australia Logistics Market's

Egypt's Thriving Logistics Industry: A Gateway to Global Trade and Investment Op …

► Egypt's Transportation and Logistics Market Performance and Outlook to 2028 Egypt, a key player in global trade, is witnessing remarkable developments in its logistics industry, attracting businesses eager to expand or relocate their production lines. This surge in interest can be attributed to the strategic location of Egypt, with the Nile River and the Suez Canal connecting Europe, Asia, and Africa. ► Strategic Location Fuels Economic Growth: Egypt's geographical advantage is

Australian Logistics and Warehousing Market: Thriving in the Era of E-Commerce a …

The logistics and warehousing market is the backbone of Australian enabling the transportation of goods over vast distances and connecting businesses to global markets. This industry is currently experiencing a substantial transformation due to technological advancements and shifting consumer expectations. Additionally, the surge in e-commerce has emerged as a key catalyst for growth in the logistics sector. The increasing popularity of online shopping has created a heightened demand for efficient

Qatar Logistics and Warehousing Market Sector Achieves Remarkable Growth Milesto …

According to facts published by Makreo Research, Qatar logistics and Warehousing market witnessed a growth rate of 7% in 2022 crossing USD 20 billion mark, owing to the country's strategic geographic location, which qualifies it to act as a logistic hub connecting in GCC region. Whereas the country's booming FMCG, retail, food, and eCommerce industries have contributed to the amazing growth of the goods forwarding industry, which has greatly boosted

Navigating Change: A Comprehensive Review of the Global Automobile Industry's Ev …

Source: Makreo Research Mumbai, August 28, 2023 The global automobile sector experienced a significant contraction of approximately 5%, with the production of cars, trucks, and buses dropping to below 92.2 million units. This decline marked the conclusion of a ten-year period of expansion, primarily driven by the unforeseen consequences of the COVID-19 pandemic. ► 2021: Modest Growth in Vehicle Manufacturing In 2021, worldwide motor vehicle manufacturing reached a total of 79.1 million units, indicating a

Australia Freight Forwarding Market: Unveiling Dynamics and Trends Across Land, …

Source: Makreo Research Mumbai, August 23, 2023 In 2021, the total freight volume across various transportation modes in Australia witnessed an increase from 780.1 billion tonne kilometers in the previous year to 795.2 billion tonne kilometers. This upward trajectory indicates a favorable trend in Australia's domestic freight domain, attributed to heightened economic activities and the amplified demand for goods and services. ► Australia's Reliance on Rail Freight for Commodity Transportation Rail freight forms a cornerstone

Australia Logistics 3PL Market: Navigating Transformation Amidst E-commerce Boom …

Source: Makreo Research Mumbai, August 21, 2023 The Australian logistics industry is undergoing a significant transformation as the Third-Party Logistics (3PL) market takes centre stage. As businesses adapt to the evolving global supply chain landscape, the demand for efficient and streamlined logistics solutions has surged, propelling the growth of the 3PL sector in Australia. ► Driving Efficiency and Scalability Australia's thriving economy, increasing international trade, and the rapid growth of e-commerce have necessitated a more

Philippines Integrated Circuit (IC) Market: Emerging Trends, Growth Trajectory, …

Source: Makreo Research Mumbai, August 18, 2023 The Philippines has maintained its position as a prominent global exporter, accounting for 2.8% of the world's total Integrated Circuit exports. The Philippines' key products are hard drives and semiconductors. With 10% of the world's supply of semiconductor manufacturing services, it provides 2.5 million hard drives each month. According to Makreo Research, Integrated Circuits, which are expected to account for a market volume of USD 5.53

North America's Construction Chemical Market Soars Amidst Growth and Sustainabil …

Source: Makreo Research Mumbai, August 17, 2023 The North America construction chemical market is experiencing robust growth driven by various factors such as increasing infrastructure development, urbanization, and a focus on sustainable construction practices. This market expansion presents both challenges and opportunities for industry players. The US, Canada, and Mexico are the key contributors to the construction chemicals market in North America. The construction sector in North America is rapidly developing due to a

Global Construction Chemical Market Flourishes, Fueled by Megaprojects and Green …

Source: Makreo Research Mumbai, August 16, 2023 Global Construction Chemical Market Registers 2.2% CAGR Growth from 2018 to 2022, Crossing USD 40 Billion Revenue Mark The global construction chemical market experienced impressive growth, boasting a Compound Annual Growth Rate (CAGR) of 2.2% between 2018 and 2022. The revenue surged beyond USD 40 billion in 2022, a testament to the industry's vitality. The robust expansion was largely fueled by a surge in demand for construction

US Equipment Rental Market 2028: Growth, Share, Size, and Competitive Analysis

The equipment rental industry in the United States is a significant sector that serves various industries, including construction, industrial, transportation, and agriculture. It involves the renting of heavy machinery, tools, and equipment to businesses and individuals on a temporary basis. Renting equipment can be a cost-effective and flexible solution for companies that do not want to bear the high costs of purchasing and maintaining these assets. ► Overview of the Equipment

Qatar's Logistics and Cold Chain Market: Thriving in a Strategic Crossroads of T …

Qatar boasts a remarkable array of achievements in the logistics and transportation sectors, solidifying its unique geostrategic position as a pivotal crossroads between East and West, Africa, Asia, and Europe. The country takes pride in hosting some of the world's most prestigious entities, including Qatar Airways Cargo, the world's leading international air cargo carrier, Qatar Airways, recognized as the 'World's Best Airline,' and Hamad International Airport, acclaimed as the 'Best

Driving Sustainable Growth: North America Construction Chemical Market Thrives o …

The North America Construction Chemical market has experienced significant growth in recent years, driven by increased construction activities, infrastructure development, and a growing emphasis on sustainable building practices. This comprehensive market report provides valuable insights into the key trends, drivers, challenges, and opportunities shaping the construction chemical industry. ► Market Overview: The market for construction chemicals has rapid growth, and it is anticipated that it will keep growing at a CAGR

Unveiling the Europe Construction Chemical Market: Steady Growth, Key Contributo …

Over the past five years, the Europe Construction Chemical market has seen a steady compound annual growth rate (CAGR) of 0.49%. Europe holds a significant portion, accounting for 28.7% of the global market share for building chemicals. The growth of the construction chemical industry is driven by the European government's ambitious development goals and the adoption of innovative building techniques. Additionally, as the economy rebounds from the impact of the

Philippine Logistics and Warehousing Market Soars with 14% YoY Growth, Fueled by …

In 2022, the Philippines experienced a remarkable year-on-year growth rate of approximately 14% in the logistics and warehousing market. This growth was mainly driven by the country's advantageous geographic position, making it a strategic logistics hub connecting Southeast Asia. The thriving fast-moving consumer goods (FMCG), retail, food, and eCommerce industries further fueled this expansion, leading to a significant boost in the goods forwarding sector and the overall logistics market in

Driving Qatar's Logistics & Warehousing Industry Towards Sustainable Growth: Ins …

The logistics and warehousing market in Qatar has been witnessing steady growth in recent years, driven by increasing trade activities, rapid industrialization, and government initiatives to bolster infrastructure. This comprehensive market report provides valuable insights into the key trends, drivers, challenges, and opportunities shaping the logistics and warehousing industry in Qatar. Request the Free Sample Report: https://www.makreo.com/report/qatar-logistics-and-warehousing-market-analysis-forecast-2018-2028-second-edition ► Market Overview: The market for logistics and warehousing in Qatar has seen tremendous development, and it

Global Construction Chemical Market: Promising Growth Driven by Sustainable Prac …

The global construction chemical market has experienced significant growth in recent years, driven by increased construction activities, infrastructure development, and a growing emphasis on sustainable building practices. This comprehensive market report provides valuable insights into the key trends, drivers, challenges, and opportunities shaping the construction chemical industry. Request the Free Sample Report:- https://www.makreo.com/report/asia-pacific-construction-chemical-market-analysis-and-forecast-2018-2028 ► Market Overview: The market for construction chemicals has rapid growth, and it is anticipated that it will keep

Global Bottled Water Industry Surges with Remarkable Growth: New Study Highlight …

Worldwide, the bottled water industry has grown 73% in the past ten years. Every minute, over 1mn bottles are sold globally. It has made a significant contribution to the global financial situation in terms of growth rate, market share, and sales generation. Increase in awareness about waterborne diseases, such as malaria, typhoid, diarrhea, food poisoning, and others have surge the demand for bottled water. In the last decade, the Global Bottled

Egypt's Third Party Logistics (3PL) Market Poised for Growth and Economic Reviva …

The Egypt Third Party Logistics Market is crucial for worldwide trade. Huge amount of money has been spent on infrastructure, with the logistics and transportation sectors receiving special attention. Egypt's third-party logistics business has risen steadily in recent years. Country's logistics profile is critical to the country's economic revival. The logistics services business has been growing at a rapid pace as the market for international commercial operations has expanded. Aside from

Unleashing the Potential of Plant-Based Foods: Comprehensive Look at the Rapidly …

The concept of plant-based food has been recently introduced in Indian market when some of the popular restaurants served vegan meals and noticed an increase in sales, which implied demand. Plant-based food products in India have a bright future, and the market will expand significantly. Due to a convergence of trends in consumer behaviour, product innovation, and investment, they have recently become a global phenomena. Indeed, this increase has compelled producers

Philippines Warehousing and Cold Chain Market Flourishes with Growing Demand and …

The Philippines logistics industry relies heavily on the warehouse market, which is a key sector within it. Due to its strategic position along the Pacific Ocean's coast, the Philippines serves as a highly favorable docking location for supply lines. This advantageous position facilitates efficient connections between numerous global export and import markets. The warehouse market experiences significant growth, primarily due to the industrial, retail, and e-commerce sectors. Request the Free Sample

India's Electric Vehicle (EV) Market Witnesses an Astonishing Surge of 155.4% in …

The electric vehicle (EV) industry in India is currently in its early stages of development. Although it accounts for less than 1% of total vehicle sales, its potential for growth in the coming years is substantial, with projections indicating a potential market share of over 5%. Presently, there are more than 500,000 electric two-wheelers and a few thousand electric cars on Indian roads. In 2021, EVs experienced significant growth, primarily due

India's Plant-Based Market Surges: Rising Competition, Accessible Growth, and Pr …

India's plant-based food and dairy market has witnessed remarkable growth in recent years, driven by factors such as rising health consciousness, environmental concerns, and a growing population of vegans and flexitarians. Recognizing this market potential, many companies as well as the government have invested in extensive research and development to create plant-based products that meet the taste preferences and dietary requirements of Indian consumers. In recent years, there have been more

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