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Pharmacy retailing in India 2023

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Indian market is helping the market expand rapidly. Looking at the potential of this segment, several offline retailers too have started online stores in order to increase revenue. Growing health awareness among consumers and knowledge of the additional services offered by organized players shall result in a gradual shift from unorganized pharmacies towards modern pharmacy retail outlets. Industry key growth factors: Enhancement in medical infrastructure, growth in the number of middle class households and increased penetration of health insurance highly impact the growth of the domestic pharmaceuticals sector. Stress, sedentary lifestyles and unhealthy food habits are the most common reasons for the increase in number of patients who suffer from lifestyle-based ailments. This will regulate medication on an ongoing basis, which in turn will make prescription-based medicines mandatory that will help in the expansion of the pharmacy retail market in India. Several Market th...

Nuclear Fuel - Thorium Market In India 2023

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As of FY 2017, nuclear power contributed only ~2% of the total power generated in India. The main monazite reserves in India are present in West Bengal, Jharkhand, Odisha, Tamil Nadu, Kerala, Andhra Pradesh, Maharashtra, and Gujarat. Market overview: India has one of the largest thorium deposits in the world with a capacity of ~360,000 tonnes. Thorium occurs in the form of a single isotope, Th-232, which degenerates at a very slow rate. The types of nuclear reactors, currently operating in the nuclear energy industry of India are pressurized heavy-water reactors (PHWR), and light-water reactors (LWR). There are 7 under-construction nuclear power reactors in the country which will generate a capacity of 5,400 MWe. Market Investments: Apart from the domestic firms, there are a number of foreign companies which have shown interest to participate in India’s nuclear power projects in the form of technology partners, suppliers, contractors, and service providers. Westinghouse Ele...

Future Of Tobacco Market In India 2023

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India is the second-largest producer and third largest exporter of tobacco in the world. The tobacco industry provides employment to ~46 Mn people. With the evolving facilities provided by the Tobacco Board of India, the market has recorded a total (manufactured and unmanufactured tobacco) export of INR 60.84 Bn in FY 2018. In India, tobacco is harvested mainly in two forms—cigarette tobacco and non-cigarette tobacco. During 2017-2018, non-cigarette tobacco alone had a ~69% market share. Manufacture of cigarette tobacco has significantly reduced, globally, leading to an increase in the sale of non-cigarette tobacco. Based on consumption, khaini constituted ~11%, and beedi and cigarettes had a market share of ~8%. Usage of smoking mediums like hookah, hookli, chhutta, dhumti and chillum, along with edible tobacco like mawa, snuff, gutka, and pan masala has led to the growth of this market.  Considering the consumption-tax revenue ratio of the overall segment of smok...

Smart Home Market in India 2023

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A smart home is a home with better, faster and enhanced operating abilities and performance. In a smart home, electronic devices such as fridge, television, air conditioning, lighting, and camera systems are usually controlled remotely using smartphones. Smart Home Market in India 2023 report provides in-depth Market analysis. Globally, the smart home market is estimated to reach a value of INR 4.2 Tn by 2023, expanding at a compound annual growth rate (CAGR) of ~14.77% from 2018. In India, the smart home market is in its nascent stage and is expected to increase at an astounding growth rate in the coming years. Currently, the penetration level of smart homes is higher in Indian metropolitans such as Bangalore, Delhi, Mumbai and Pune, Under the ‘Make in India’ program, the Indian government is taking measures to reduce customs duty on telecommunication devices to boost the electronics manufacturing sector, which is in turn expected to drive growth in the Indian smar...

Future Of Ready To Eat Market In India.

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Ready-to-eat or RTE food products are defined as that form of animal or plant derived food that can be offered to the customer after being washed, cooked, frozen and processed. RTE food items are already prepared and can be consumed only after heating. Such products are convenient for the consumers since it saves both time and energy. Ready To Eat Market In India (2018-2023) Report provides information on In-depth Analysis of RTE food market in India The concept of RTE food was introduced in India in 1987 by a Pune based company named Tasty Bites Eatables. The products launched initially did not get much popularity among contemporary Indian consumers. In the recent years, RTE items have gained popularity due to busy lifestyles, increased tourism and changing food habits across India. Currently, the RTE items are considered to be the largest segment of the overall food industry comprising both conventional and non-conventional products. Over time, the Indian RTE produ...

Power Backup Market In India Forecast report 2023

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The power backup market in India is expected to grow to INR 504.66 billion by 2023, expanding at a compound annual growth rate (CAGR) of 11.28% during 2018–2023. The market in India is characterized by the dominant presence of the unorganized sector, even though there’s hardly enough difference between the price point at which products from the organized and unorganized sectors sell. This is due to the fact that customers are becoming increasingly conscious about what they are buying, the quality, reliability and the impact of the product on its immediate surroundings. Product Segment Insights: Diesel Generator: The diesel generator market is anticipated to expand at a CAGR of 8.1%. UPS: The UPS market is expected to expand to INR 99.83 Bn in 2023, at a CAGR of 11.97%. Inverter: The inverter market is expected to expand to INR 277.83 Bn in 2023, at a CAGR of 9.33%. Companies Covered: Cummins India Limited Su-Kam Power System Limited Exide Industries Limited Honda ...

Global Rotary Friction Welding Market Report 2019

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The report mainly studies the size, recent trends and development status of the Rotary Friction Welding market , as well as investment opportunities, government policy, market dynamics (drivers, restraints, opportunities), supply chain and competitive landscape. Technological innovation and advancement will further optimize the performance of the product, making it more widely used in downstream applications. Moreover, Porters Five Forces Analysis (potential entrants, suppliers, substitutes, buyers, industry competitors) provides crucial information for knowing the Rotary Friction Welding market. Major players in the global Rotary Friction Welding market include: Izumi Machine ETA Nitto Seiki Gatwick U-Jin Tech YUAN YU MTI Sakae Industries Jiangsu RCM Co. Thompsom(KUKA) H&B OMEGA Europa An Gen Machine Geographically, the report includes the research on production, consumption, revenue, market share and growth rate, and forecast (2014-2026) of the following region...