Thailand Used Car Market

Thailand Used Car Market Revenue, Industry Trends, Growing CAGR of 7.28% Growth Strategy, Future Opportunities 2032: SPER Market Research

According to SPER Market Research, A used car, pre-owned car, or second-hand car is a vehicle that has previously had one or more retail owners. Due to a growing consumer base and notable changes in used car purchasing patterns brought on by recent health-related events like the pandemic, Thailand is anticipated to become one of the used car markets with the highest potential throughout the forecast period.

Thailand Used Car Market Overview:

  • Forecast CAGR (2022–2032): 7.28%
  • Forecast Market Size (2032): 11.05 billion

It is projected that the Covid-19 pandemic will foster further expansion of Thailand’s used automobile market. Because they were afraid of contracting the Covid-19 virus, many people now opt to buy cars rather than use public transportation. On the other side, a lot of used cars are being put on the market because the pandemic prevented their owners from making their instalment loan payments. As more individuals opt for private mobility over public transportation, it is anticipated that sales of used automobiles would rise. Furthermore, it is anticipated that more affordable vehicle sales would rise during the course of the forecast year. Investments in marketing and promotion strategies, as well as strategic alliances between domestic and international businesses, are anticipated in the used car market.

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The Thailand Used Car Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Carro Thailand, Carsome Thailand, Honda Used Certified Thailand, iCar Asia (One2Car, Thaicar, Austospinn), Mercedes Certified, Mitsubishi Diamond Used Car, Nissan Intelligence, Toyota Sure Thailand, Volvo.

SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2032. This report provides data for growth estimates and forecasts for product type segment –By Market type {Auction, B2C/OEM (Multi Brand Organized Dealer, Multi Brand Unorganized Dealer, OEM Organized), C2C}, By Vehicle Type(1 Ton Pickup, Hatchback, MPV/HPV/Mini MPV, Sedan, SUV), By Fuel Type(Diesel, Petrol, Others), By Booking Type(Offline, Online), By Kilometres Driven(Less than 20,000, 20,000-50,000, 50,000-80,000, 80,000-120,000, Above 120,000), By Age of Vehicle(Less than 1 year, 1-3 years, 3-5 years, 5-8 years, More than 8 years), By Age of Buyers(20-30 years, 30-50 years, Above 50 years).

This report also provides the data for key regional segments of Bangkok, East, North, North East, South, West.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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Thailand Used Car Market Demand

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Plant-Based Meat Market

Plant-Based Meat Market Analysis Research 2021- Global Industry Size, Share, Growth Drivers, Future Demand and Trends Forecast Research Report to 2027: SPER Market Research

Increasing customer interest in plant-based diets, coupled with the growing consciousness for animal rights through different welfare organizations is predicted to propel the market. Plant-based meat is becoming an integral part of the vegan diet, where people adopt a vegetarian lifestyle that is devoid of animal-based foods. Customers are inclined towards veganism for health and ethical causes, while other customers are opting for vegetarian ingredients to evade animal cruelty and to consume sustainable food and beverage products.  

In addition, soy as a raw material comprises of all the standard (nine) amino acids, which are essential for the growth of the human body. Its ability to improve the water absorption, emulsification, solubility, viscosity, texture, and anti-oxidation of the final product is probably to propel the requirement for soy in plant-based meat products over the forthcoming period. 

According to SPER market research, ‘Plant-Based Meat Market by Source (Soy-based, Wheat, Quinoa, Oats and Others (Beans, Nuts, and Pea)), By Product (Burger Patties, Sausages, Strips & Nuggets, Meatballs, Fillets, Wings, Crumbles and Others (Chipotle, Bites, Cutlet, etc.)), By Type (Pork, Beef, Chicken, Fish and Others (Lamb & Turkey)), By Distribution Channel (B2C(Grocery Stores, Food & Drinks Specialty Stores, Online Retail, and Hypermarkets/Supermarkets) and B2B), By End-Users(Commercial, Residential, and Institutional) and By Region (North America, Europe, Asia Pacific, South America, Middle East, and Africa)’ state that Plant-Based Meat Market will rapid by the increasing consumer awareness on potential advantages of vegetarian diets. The Global Plant-Based Meat Market is probably to rise at a noteworthy rate during the forecast period of 2021-2027. Owing to the customers trending toward healthier foods and growing concerns about the environment and animal welfare.  

In addition, growing awareness concerning nutrient contents along with growing concerns concerning animal slaughter is projected to foster the industry’s growth. Moreover, individuals all across the world are opting for plant-derived flesh substitutes owing to the environmental effect and malpractices owing to animal husbandry and meat manufacturing which is underwriting to market growth. The emergence of flexitarian customers to deduct flesh consumption is propelling the product requirement.  

The COVID-19 pandemic in meat-packing factories reasoned widespread scarcity and shed light on how the business operates. Additionally, the growing plant-based and flesh substitute items are developing on grocery store across the country, which is predicted to rise the requirement for the plant-based non-veg industry over the review duration.  

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North America held the largest plant-based meat market share in recent past years and is projected to maintain this trend over the review period. Growing cardiovascular diseases, involving cancer and diabetics, has led customers to opt for plant-based non-veg products as it helps safeguard these diseases, which in turn is fostering the plant-based meat market growth. For instance, during 2020, as per the CDC, nearly 35 million individuals had diabetes around the U.S. Furthermore, growing trends of vegan diets coupled with the increasing adoption of plant proteins in processed foods are projected to foster the market demand over the forecast period. Moreover, customers are also gravitating towards plant proteins owing to allergies induced by animal proteins, as well as the profusion of nutrients found in plant proteins. 

For More Information, refer to below link:-

Plant-Based Meat Market Future Growth

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Soap Shampoo Bar Market

Soap Shampoo Bar Market Size, Share & Analysis by Hair Type by Distribution Channel by Region Competitive Strategies and Segment Forecast to 2032: SPER Market Research

The global soap shampoo bar market is predicted to swell at a noteworthy rate, in terms of value, over the review period. The growing customer awareness concerning personal hygiene and safety from harmful chemicals likewise aluminum and parabens salts will foster the global soap shampoo bar market during the forthcoming periods. In addition, the surge in customer consumption habits and an augment in income levels are predicted to propel the global soap shampoo bar market in the predicted duration. As of now, with the unremitting advancement of the economic scale, individuals have started to pursue a high-quality life. According to the World Bank, international economic growth is predicted at 2% during 2020. In addition, if per capita incomes around low and middle-income regions increase by 3% a year, the average income in these regions predicts to be $6,000 by 2050.

In addition, with the advancement of the international economy and the advancement of the rural market, there is predicted robust growth in the global soap shampoo market throughout the review period. In addition, the transforming customer preferences for organic ingredient products due to their advantages, such as dandruff protection and hair fall control, are imperative aspects predicted to boom the global market growth for bar shampoo in the reviewed duration. Further, with the advancement of technology and the growth of the internet, cross-border e-commerce, coupled with the capability to purchase products & services, will foster the market trends for bar shampoo during the future duration.

According to the SPER market research, ‘Soap Shampoo Bar Market by Hair Type (Dry, Normal, Oily, Fine, Curly, Wavy, Textured, Color & Chemical Treated and Others), By Shampoo Category (Dandruff, Volumizing, Shine Enhancing, Curl Enhancing, Damaged, Color Enhancing and Frizz), By Distribution Channel (Offline(Convenience Stores, Hypermarkets/Supermarkets, Beauty Stores and Others)and Online Retail), By Gender (Men and Women) and By Region (North America, Europe, Asia Pacific, South America, Middle East, and Africa)’ state that the global soap shampoo bar market is predicted to rise based on growing customer awareness concerning personal hygiene and safety from the harmful side effects of chemicals. The global soap shampoo bar market is anticipated to propagate at a noteworthy rate throughout the review period of 2021-2027 owing to the augment in customer purchases and the rise in personalized demand.

The growing awareness concerning hygiene, health, and harmful side effect connected with the long-term utilization of chemical cosmetics and personal care products are fostering the demand for shampoo bars with zero plastic waste. Moreover, in order to cut down the growing burden of plastic waste, clients are adopting packaging-free personal care products. Increasing customer awareness concerning personal hygiene and safety from the harmful chemicals involving phthalates, parabens, and aluminium salts is predicted to encourage the demand for shampoo derived from herbal, organic, and natural ingredients.

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Moreover, changing customer preferences for natural ingredients products owing to their benefits such as dandruff protection and hair fall control is predicted to foster the growth of the soap shampoo bar industry over the review period.

For More Information, refer to below link: - 

Soap Shampoo Bar Market Size

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Child Safety Seat Market

Child Safety Seat Market Size, Share, Demand and Analysis Research 2021- Future Outlook, Upcoming Trends, Growth Opportunity and Segment Forecast Research Report 2027: SPER Market Research

The global child safety seat market is predicted to gain growth with the growing requirement to confirm a safe environment for children and infants. Foremost players around the globe in the child safety seat market are proposing innovative solutions to clients in order to encounter complete safety requirements, which is probably to propel the growth of the child safety seat market during the coming period.  

Growing incidences of accidents throughout traveling coupled with the increasing income of the population are predicted to propel the market growth. According to the report ‘Status of Road Safety in the African Region’, presented by the World Health Organization, around the globe, approximately 1.35 million individuals die every year owing to road accidents with the foremost dominance of the age group between 5-29 years. In addition, the growing urbanization rate of the global population as we asl the awareness concerning personal safety is probably to deliver newer opportunities for the growth of the market.  

According to SPER market research, ‘Child Safety Seat Market by Product Type (Infant Car Seat, Combination Car Seat, Booster Car Seat, and Convertible Car Seat), By Distribution Channel (Boutique Stores, Specialty Stores, Supermarkets and Online Stores), and By Region (North America, Europe, Asia Pacific, South America, Middle East, and Africa)’ state that Child Safety Seat Market probably to promulgate by the increment in the number of accidents along with severe law and regulations towards child safety. The global Child Safety Seat Market is expected to rise over a CAGR of 5.06% during the forecast duration of 2021-2027 and is projected to create USD 6.35 billion owing to the growing awareness about child safety in developing countries and growing spending on passenger cars. 

The rising need to pledge a safe environment for infants and children will boost the sales of child safety seats throughout the forecast period. Most market players around the globe are developing imaginative solutions for customers to fulfill their safety demands. This is said to foster the growth of the child safety seats market throughout the forecast period. In addition, with improvements in technology, the leading market players are able to accomplish advancements in product attributes and utility. These improved and modified products suit consumer requirements and hence accomplish speedy results. The increment in child safety standards and growth in consumer awareness concerning child safety and technological innovations boost the requirement for a global child safety seat market. 

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North America is accountable for the major value of a market share in the global child safety seats market. The aspects contributing to this region’s share are strict laws affecting to child safety seats in countries such as Canada and the United States, coupled with a great rate of urbanization. Young parents in North America are said to espouse easy-to-carry seats which can be wrapped around the shoulder with a friendly cross-body strap. An increasing number of car accidents due to improper and less usage of child safety seats and seat belts is fostering market growth in this region. The mainstream population in this region prefers utilizing a rear-facing infant car seat with a dual base as, according to them, it is convenient to safeguard the baby in the car seat before putting it in the car. 

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Child Safety Seat Market Future Outlook

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Egypt Logistics and Warehousing Market

Egypt Logistics and Warehousing Market Size, Share, Growth, Regional Outlook, Competitive Strategies and Segment Forecast to 2032: SPER Market Research

According to SPER Market Research, the Egypt Logistics and Warehousing Market is strategically very important for global trade. Huge sums of money have been spent on the infrastructure, with the logistics and transportation sector receiving special attention. The market for storage and logistics in Egypt has consistently grown over the last few years.

The growth has been primarily fuelled by the expansion of the Suez Canal, ongoing infrastructure investment, recruitment of FDI, and government emphasis on export promotion. The logistics sector has grown considerably since the political crisis. Due to improved economic conditions in the country and the recovery of trade volumes to pre-crisis levels, both local and international companies are fiercely competing in the market. Domestic companies have also begun offering international freight services. International corporations are investing a lot of money in airports and seaports to build logistics hubs there. As the e-commerce industry grows, it is projected that companies involved in it would migrate from employing captive logistics to 3PL companies. International companies will start acquiring domestic companies to expand their market share and consolidate the sector.

Egypt Logistics and Warehousing Market Overview: 

Forecast CAGR (2022-2032): 5.28%.

Forecast Market Size (2032): 75.46 billion.

Impact of COVID-19 on the Egypt Logistics and Warehousing Market:

Logistics firms, which are involved in the flow, storage, and transfer of commodities, have been directly impacted by the COVID-19 epidemic. As a crucial link in value chains that extend both domestically and internationally, logistics companies help businesses reach their customers and facilitate trade and commerce. Increased industrial activity, rising foreign investment, initiatives to promote exports, and the influx of international companies into Egypt will all benefit the market for logistics and warehousing. The government’s extensive infrastructure initiatives, particularly those related to the transportation infrastructure, have played a significant role in the market’s ongoing expansion. Future developments in the logistics industry include real-time tracking, WMS, warehouse automation, and the use of drones for deliveries. Due to increased international trade and investment as well as technology improvements, the logistics market will experience significant growth.

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Egypt Logistics and Warehousing Market Key Segments Covered:    

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.

By Business Model:

  • B2B
  • B2C
  • C2C
  • Cold Storage
  • ICD/CFS
  • Industrial/Retail

By Type of Storage:

  • Closed Normal
  • Cold Storage
  • Open Yard
  • Temperature Controlled

By Contract Type:

  • Contract
  • Integrated

By Delivery Time:

  • 2 Day Delivery
  • Day Delivery
  • More Than 3 Day Delivery

By Location of Orders:

  • Intra City
  • InterCity

By Region:

        The Eastern Egypt

        The Nile valley and delta

        The Sinai Peninsula

        The Western Egypt

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Egypt Logistics and Warehousing Market Key Players:

The Egypt Logistics and Warehousing Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as: Agility, Aramex, Customs Storage Company (CSC), DB Schenker, DHL, DSV Panalpina, Egypt Post, Expeditors, FedEx-TNT, Kuehne, Logistica, Nacita, Nagel, OCL Egypt, UPS.

For More Information, refer to below link: - 

Egypt Logistics and Warehousing Market Size

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Diagnostic Imaging Market

Diagnostic Imaging Market Analysis Research 2020- Global Industry Size, Share, Growth Opportunity, Demand and Trends Forecast Report to 2027: SPER Market Research

Diagnostic imaging contains a variety of approaches for seeing the human body to diagnose, treat, and monitor medical disorders. Each type of technology delivers different information on the body part being investigated or treated, such as injury, sickness, or the efficacy of the medical treatment. The global diagnostic imaging market is enlarging owing to an augment in the geriatric population, higher utilization of modern medical imaging technology, an augmented requirement for improved optical imaging for better health, technological innovations, and disease diagnosis, and a surge in the incidence of chronic disorders.

The ability of diagnostic imaging to diagnose a disease in its early stage and highly improve patient outcomes has propelled the diagnostic imaging market since it is painless and proposes speedy diagnosis. Consequently, it is a prevalent recourse among doctors as well as patients. Speedy advancements and favorable reimbursement policies are also fostering the global diagnostics imaging market.

According to SPER market research, ‘Diagnostic Imaging Market – Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecast to 2027’ state that the Diagnostic Imaging Market is anticipated to rise at a great CAGR of 5.9% from 2020 to reach USD 36.0 billion by 2027. Market growth is propelled by the growing demand for early & efficient disease diagnosis, enlargement in application profile of imaging modalities coupled with the increasing prevalence of infectious diseases, ongoing technological innovations in the field of diagnostic imaging, and constant integration of imaging modalities with AI & and other digital tools.

The effective growth in demand for state-of-the-art imaging modalities by teaching hospitals and universities to deliver training for improved technology is predicted to have a significant impact on the market growth during the review years. In addition, the implementation of AI to automate image qualification and recognition procedures is also predicted to foster market growth.

Aspects such as the increasing prevalence of chronic diseases, the growing geriatric population, technological innovations in imaging modalities, the increasing number of hospitals and diagnostic imaging centers, and advancing healthcare infrastructure are predicted to propel the growth of the diagnostic imaging market. In addition, emerging regions, increasing medical tourism, and advancement of multi-modality imaging systems propose progressive growth opportunities for market players during the review period.

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The increasing aging population is associated with the increasing prevalence of chronic diseases which in turn is probably augmenting the number of hospital admissions. In addition, aging often leads to the problem of falls – which is one of the most common causes of injury and hospital admissions in the geriatric population. According to CDC, during 2015, the medical cost linked with falls in the U.S. exceeded USD 50 billion. Round a year, in the U.S., at least 300,000 older individuals are hospitalized for hip fractures. Therefore, the growing elderly population and increasing prevalence of chronic diseases along with the high fall rates will lead to a growth in the requirement for diagnostic imaging.

North America registered the complete market in 2021 and registered for the largest share of global revenue. The existence of a large number of industry players and the great frequency of new product launches within the region are the aspects underwriting to the regional market growth.

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Diagnostic Imaging Market Future Outlook

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Gravity Blanket Market Size, Demand, Insights, COVID-19 Impact and Analysis 2022- Business Strategy, Growth Opportunities, Trends and Forecast Research Report 2032: SPER Market Research

According to SPER Market Research, the Gravity Blanket Market is estimated to reach USD 2.63 billion by 2032 with a CAGR of 14.34%.Weighted blankets are ones with evenly distributed weight within. The weight varies according on the intended user and blanket size. This specific sort of blanket is designed to keep a person warm and exert little pressure to mimic the feeling of a hug. The experience may lift people’s spirits. As a result, weighted blankets are gaining popularity as a complementary therapy for anxiety and other sensory issues. One of the key elements impacting market growth is the fact that using weighted blankets by children raises a number of safety issues. Because of this, many are reluctant to utilise these blankets. Even though their parents or guardians may be hesitant of this product owing to safety concerns, these blankets are a great source of comfort for kids who have disorders like Autism. As a consequence of advancements in weighted blanket technology and material, it is projected that the weighted blanket market would grow considerably over the next years.

 Gravity Blanket Market Overview (2022-2032)

  • Forecast CAGR (2022-2032): 14.34%
  • Forecast Market Size (2032): 2.63 billion

The demand for weighted blankets has skyrocketed since the corona virus epidemic. Because of the recession’s worsening effects, which included rising unemployment, the number of people with mental health issues grew. The weighted blanket market is expanding rapidly because weighted blankets are used to treat a variety of illnesses, such as those related to sleep, stress, anxiety, Asperger Syndrome, and autism. Due to growing rivalry and the internet development, the weighted blanket market’s online distribution channel is predicted to see significant growth. Strong logistics and rising social media usage will considerably improve this company.

Impact of COVID-19 on the Gravity Blanket Market

Since the coronavirus outbreak, the demand for weighted blankets has increased dramatically. The number of persons suffering from mental problems increased as a result of the deepening recession, which also led to an increase in unemployment. Weighted blankets are used to treat a number of diseases including those connected to sleep, stress, anxiety, Asperger Syndrome, and autism, which fuels the weighted blanket (gravity blanket) market’s explosive growth. The weighted blanket market’s online distribution channel is anticipated to experience substantial expansion as a result of increased competition and the internet boom. Social media usage is increasing, and strong logistics will help this business advance significantly.The weighted blanket market is anticipated to expand significantly over the next years as a result of developments in weighted blanket technology and material.

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Gravity Blanket Market Key Segments Covered

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.

By Product Type: 

  • Cooling Weighted Blanket
  • Original/ Conventional Weighted Blanket
  • Others

By Medical Condition: 

  • ADD and ADHD
  • Asperger Syndrome and Autism
  • Restless Leg Syndrome (RLS)
  • Sensory Processing Disorders
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  • Stress, Anxiety & Panic Attacks
  • Others

By Weight: 

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  • 15 lbs to 20 lbs
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By End User: 

  • Adult
  • Kids
  • Teens

By Distribution Channel: 

  • Online
  • Offline

By Application:

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  • Winter
  • Four Seasons General

By Region:

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  • Europe
  • Middle East & Africa
  • North America
  • South America

Gravity Blanket Market Key Players:

The Gravity Blanket Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as: Baloo Living, Bearaby, BlanQuil, Brooklyn Bedding, Calm Blanket, Cariloha, Casper, Chengdu Yixi Textile Co., Ltd, Gravity Blankets, Helix Sleep, Layla Sleep, LunaWellness, Merrylife, Mosaic, Purple Innovation, LLC, Quility, Saatva, Inc, SensaCalm, Senso-Rex, Simmons Bedding Company (Beautyrest), YNM.

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Gravity Blanket Market Future Outlook

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China Logistics and Warehousing Market

China Logistics and Warehousing Market Size, Demand, Share, COVID-19 Impact and Analysis 2022- Growth Strategy, Future Opportunities, Trends and Forecast Research Report 2032: SPER Market Research

According to SPER Market Research, the China Logistics and Warehousing Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%. The Chinese logistics market was seen to be in a boom stage at this time as a result of the nation’s increasing industrial and retail sectors, rising disposable income, expanding number of investments, and rising value of exports and imports. The China Logistics Industry has had low single digit CAGR growth in terms of revenue. The sector is growing as a result of accelerated technological development, rising infrastructure expenditure, and greater logistical demand in China. The sector of freight forwarding generates the most revenue for the logistics business, followed by warehousing, courier and package services, etc.Value-added services also account for a sizable portion of China’s total logistics industry.

The freight forwarding industry will continue to dominate China’s logistics market. The government has launched several projects to upgrade the country’s infrastructure, which will support the logistics industry’s growth in the upcoming years. The country’s growing retail and FMCG industries will increase demand for infrastructure for transportation and logistics as well as for warehouses and storage. Industry will move to a digital growth with the arrival of cloud logistics, drone facilities, automation, and other technology.

China Logistics and Warehousing Market Overview (2022-2032)

  • Forecast CAGR (2022-2032): XX%
  • Forecast Market Size (2032): XX billion

The massive infrastructure projects of the government, especially those pertaining to the transportation infrastructure, have been a major factor in the market’s continued rise. The Chinese logistics market has been evolving as a result of factors like rising logistics demand brought on by factors like higher e-commerce penetration due to changing consumer spending patterns; improved transportation and warehousing infrastructure due to numerous government projects; rising investment in technologies like IoT, Big Data Open Data, AI, Automation, and more; and increasing global trade.

Impact of COVID-19 on the China Logistics and Warehousing Market

Logistics firms, which are engaged in the movement, storage, and transfer of goods, have been directly impacted by the COVID-19 outbreak. As a crucial link in value chains that extend both locally and internationally, logistics companies help businesses reach their customers and facilitate trade and commerce. Increased industrial activity, growing foreign investment, initiatives to promote exports, and the influx of international companies into China will all be positive factors for the logistics and warehousing industry. The government’s extensive infrastructure initiatives, particularly those related to the transportation infrastructure, have played a significant role in the market’s ongoing expansion.Chinese logistics market has been changing as a result of factors like rising logistics demand caused by factors like higher e-commerce penetration because of shifting consumer spending patterns; bettering transportation and warehousing infrastructure because of numerous government projects; rising investment in technologies like IoT, Big Data Open Data, AI, Automation, and more; and expanding international trade.

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China Logistics and Warehousing Market Key Segments Covered

The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.

By Mode of Service:

  • Air Freight
  • Rail Freight
  • Road Freight
  • Sea Freight

By Type of Load:

  • Full Truckload
  • Low Than Truckload

By Business Model: 

  • Cold Storage
  • Grain Storage
  • IFS/ICD
  • Industrial Retail

By End User:

  • Road Freight Forwarding Market
  • Warehousing Market

By Region:

  • East China
  • Middle China
  • North China
  • Northeast China
  • Northwest China
  • South China
  • Southwest China

China Logistics and Warehousing Market Key Players:

The China Logistics and Warehousing Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as: Aneng Logistics, Changa Minsheng APLL Logistics, China Logistics Property Holdings, COSCO SHIPPING Logistics, DCH Holdings Ltd., Deppon Logistics, Fujian Shengfeng, HOAU Logistics Co., JD Logistics, Kerry Logistics, Leaping Express Group, Maple Tree Logistics, Shandong Jiayi Logistics Co., Shanghai Zeyi Logistics, Sinotrans Hi-Tech Logistics, Tianjin Datian Group, Topone Logistics, Topwin Logistcs, Vanke (VX Logistics Properties), Yuancheng Group Co Ltd, Yuantong Express Co. (YTO).

For More Information, refer to below link:-

China Logistics and Warehousing Market Future Outlook

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+1-347-460-2899

Lateral Flow Assays Market

Lateral Flow Assays Market Size, Share & Trends Product, Application, Technique End User by Region Competitive Landscape and Forecast to 2027

The growth in the lateral flow assays market is majorly propelled by aspects such as the spread of different chronic and infectious diseases, growing utilization of home-based lateral flow assay kits, growth in the government initiatives toward encouraging health awareness, increasing demand for point-of-care testing, the growing implementation of LFS owing to innovations, and benefits of LFA speedy tests over laboratory tests.

The growing prevalence of infectious diseases is predicted to foster the growth of the lateral flow assay industry throughout the forecast period. For instance, according to WHO, nearly 10 million people around the globe suffered from tuberculosis during 2020.

According to SPER market research, Lateral Flow Assays Market by Product (Kits & Reagents, Instruments), Application (Clinical Testing, Veterinary, Food Safety), Technique (Sandwich, Multiplex), End User (Hospital, Diagnostic Labs) – Global Forecast to 2027’ state that the global lateral flow assays market is expected to rise at a CAGR of 9% from 2020 to reach 14 billion by 2027. The growth is commonly accredited to the prevalence of infectious diseases, the increasing geriatric population, the growing requirement for POC testing, and home-based lateral flow assay devices.

Applications of lateral flow assays are progressively growing around the globe. Public awareness campaigns focused on recognizing the symptoms of infectious diseases and manners to safeguard them play an imperative role in controlling disease epidemics. Hence, the augmented patient awareness has led to a high requirement for lateral flow assays. In addition, new product approvals and growing revenue owing to the sales of COVID-19 rapid tests are propelling the lateral flow assay market growth.

Additionally, according to WHO, speedy diagnostics tests are utilized in diagnosis by healthcare professionals distant from microscopy services, distant diagnosis by experts in malaria-endemic regions, and outbreak investigation & survey of parasite prevalence. Therefore, different benefits proposed by lateral flow devices are among the foremost aspects accountable for growing the adoption of lateral flow devices around the globe.

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The effective growth in the prevalence of infectious diseases, involving tuberculosis, malaria, HIV/AIDS, pneumonia, hepatitis, and influenza, is one of the foremost aspects fostering the growth of the lateral flow assay industry. According to the World Malaria Report 2020, nearly 241 million malaria cases were reported during 2021, leading to over 627 thousand malaria-connected deaths around the globe.

As per the data from the IDF Diabetes Atlas, there were nearly 537 million adults living with diabetes during 2021, and this number is predicted to augment to 643 million by 2030. The disease is predicted to have caused 6.7 million deaths during 2021. Hence, with the growing incidence of chronic diseases, the requirement for lateral flow assays is probably to augment during the coming years.

North America is predicted to dominate the lateral flow assay market by region. The large share is commonly attributed to the pervasiveness of infectious illnesses such as tuberculosis, Lyme disease, HIV/AIDS, rising disposable income, and the augmenting geriatric population in the North America region. The pandemic has further fostered the market by rising investments in R&D. APAC is estimated to register the greatest CAGR. The growth can be accredited to the prevalence of chronic diseases, government initiatives, and growing healthcare expenditure in these countries.

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Lateral Flow Assays Market Size

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