Market Research Reports

Summary The travel industry has observed a transformation owing to the integration of mobile applications with the industry. This has resulted in reformed user experience in the travel industry. According to a recent Online Travel Services Market research report , Indian consumers spend hours on various websites only to book travel packages for vacations. This has also helped travelers to plan out shorter trips often known as weekend tours which allow them to plan throughout the year. The Online Travel Services market has triggered sales of several travel products and services. Though the Indian tourism industry has seen both online and offline sources of information getting traction in the market, there’s a gradual change in the industry.   A recent survey suggests that ~12% of consumers prefer to use offline sources for research, ~57% believe that online stores give them better deals and find it more convenient to book online. The increasing use of the inte...

One of the largest in the world, Indian livestock market has a bovine population of 299.9 million. This includes cattle, buffalo, Mithun, and yak. With new cooperative milk industry projects coming in, the growth of the Indian dairy and milk processing market is likely to see a steep growth in the next few years.  Indian dairy industry Outlook  2023 may view a bigger picture for the economy and overcoming the long-faced challenges.    Market insights: At present, India leads the milk-producing industry in the world as its contribution to the global industry accounts for ~19% in total market share. As per the Indian dairy industry Analysis, the milk processing market of India expands with CAGR of ~14.8% between FY 2018 by 2023. With this, the market is expected to reach  INR 2,458.7 Bn in FY 2023.  In India, dairy is one of the major parts of daily consumables and that makes the demand for milk rise as the population of the economy increases. More ...

The unavailability of clean water in many areas is encouraging the growth of the bottled water market. As India bottled water market segments have begun extensively contributing to the overall growth of the market, it is expected to reach INR ~403.06 Bn by 2023 from its present value of ~160 Bn.  The bottled water market in India is projected to expand at a CAGR of ~20.75% from 2018 till the next five years. Brands such as Bislery, Kinley, and Aquafina will continue to dominate the Indian bottled water industry. Stock keeping unit (SKU): The four main types of Stock Keeping Units are found in India. (1) 1-liter bottles, (2) 2-liter Bottle, (3) 500-milliliter Bottles, (4) 250-milliliter bottles pouches and another SKU of bottled water include (5) 15-20 liters of barrels. The one-liter bottles happen to have the largest share in the market which reaches around ~42% while the 500-milliliter and 250-milliliter bottles stand second in the list.  Market tre...

In the global foundry market , India stands second in terms of production. The Indian foundry market is a producer of various metal castings and cast components which is incorporated in industries such as power, agro machinery, automotive, machine tools, railways, defense, etc.   At present, there are more than 4,500 foundry units out of which approximately 1500 units have international quality accreditation.  India foundry market insights: The casting production in India reached a value of 11 million tonnes in the year 2018. The market has been expanding taking the economy ahead with a CAGR of ~12.7% by 2023. In the total production foundry market, the contribution of aluminum castings is nearly around 15% in the count.  This share is projected to see a rise in its market share due to a shift in the demand from iron to lighter castings materials production. This change is especially observed in the industry of fuel-efficient and electric...

The Air Care Market in India is expanding at a compound annual growth rate of ~20.7% from 2018. With this, the market is valued at INR 18.48 Billion by 2023.  Home fresheners, car fresheners, and bathroom fresheners are the main three segments of the air-care market. Though the air-care market is new to the Indian industry, the home-freshener segment was valued at INR 1.5 billion while the car fresheners segment was valued at INR 2.5 billion in the previous year. Both segments acquired a 50% share of the overall air-care of the market in India.  The possible growth factors are the increase in the demand for air-care products and services due to cleaner environment preferences of people. The increase in the number of car sales in recent years has also said to be one of the predicted reasons.  What are the market drivers? Since the lifestyle of Indians has changed over the past few years, Indian consumers don’t mind spending on air-freshen...

The recent infrastructure sector investments by the Indian government have encouraged India construction equipment market growth. The considerable development in the infrastructure sector is likely to boost demand and research for advanced construction equipment solutions. Right from machines, cranes, protective devices, safeguards, runways, platforms, material handling equipment to hoists, and derricks, the construction equipment market segments are expected to observe considerable growth in the upcoming future. India construction equipment market 2023 looks a better developed as it expands at a compound annual growth rate of ~7% from 2017. This will make the market value of the Indian construction equipment market around INR 210 billion. Insights on segments based on the equipment category The construction equipment market involves various categories segmented into earthmoving, material handling equipment, material processing equipment, road construction equipment,...

Punjab received Rs 1200 crore investment in the food processing sector. Such various sponsorship and initiatives by the Indian government have helped the industry to grow at a fast pace. The upcoming development projects and market trends in the food processing industry have played a crucial role in contributing to India’s social and economic growth.  The food processing industry is expected to reach a compound annual growth rate CAGR of ~11.5% by the year 2023. This will make the industry to reach a value of INR 14,972.9 Billion.  Indian food processing industry in India ranks fifth for its production and experts. As the economy holds a huge good infrastructure and diverse agro-climatic conditions which makes India one of the largest food processing hubs.  Hindustan Unilever Limited, PepsiCo India Holdings Private Ltd, Cadbury India, Nestle India Limited and several other international market players who are investing in the Indian market.  Ther...

The internet of things bleeds over various industries and lighting is no exception for it, making it a smart lighting market .  The application of smart lighting products has increased in commercial spaces, factories, streets, and homes. The automation to the product helps the user to adjust lighting remotely. Its demand and production have recently increased in India, making it a growing market in the Indian lighting industries. The smart lighting market is projected to reach a value of INR 373.7 Bn by 2023 in India. The CAGR for the same is estimated to be around 38.44% during 2018-2023.  AS the government has begun encouraging programs such as digital India and smart city mission. This has led to increased adoption of smart homes in the country. As a result, the encouraged projects have boosted growth in the India smart lighting market.  The application type of smart lighting market, its communication technology, lighting source, and offers make ...

Report Scope The scope of the report Ceramics Markets Research includes a general outlook of the ceramics sector. This is a compendium and most of the information is sourced from reports related to ceramics published during the year 2017 and 2019. This report segments the market into major types of ceramics such as technical, bio-ceramics, polymer-based, electroceramics, transparent ceramics, and 3D ceramics. Each type of ceramics has been sub-segmented based on materials, sub-types, applications, and regional markets. Regions -           Asia-Pacific -           North America -           Europe -           South America -           The Middle East -           Africa Further, it explains the ...