UAE Medical Insurance Poised to Grow 45%By: Shushmul Maheshwari
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UAE Medical Insurance Poised to Grow 45%
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RNCOS, in its new research report “UAE Insurance Market Forecast to 2012”, says that medical insurance in the UAE is expected to grow at a CAGR of over 45% (local currency) between 2009 and 2012. It has recently observed the highest growth among all the insurance segments in the country. The demand for medical insurance witnessed CAGR growth of around 54% from 2006 to 2008 following the enactment of a law mandating health coverage for expatriate workers. Private sector companies in certain cities such as Abu Dhabi and the free trade zones must provide all their employees and families with a private medical plan. Consequently, majority of multinationals in the UAE (85%) provide a supplementary medical insurance policy, usually through an insured arrangement.
We expect that medical insurance in the UAE will continue to observe robust growth due to increasing number of expatriates and enhanced government support like the establishment of separate regulatory authority for health insurance and allowing private institutions to sell policies. The establishment of a federal health insurance authority to regulate the industry in the UAE will definitely help the industry to move a step ahead. The authority will have its own rules and regulations regarding new establishments and foreign investment cap. This will help in attracting foreign investments and will enable the regulator to monitor the performance of the medical insurance more closely.
“UAE Insurance Market Forecast to 2012” contains an extensive research and in-depth analysis of insurance market in the UAE, with focus on key products and services. The report gives an overview of insurance market structure and studies the market trends to help clients to analyze the leading-edge opportunities in the UAE insurance Industry. Detailed data and analysis help investors, financial service providers and global insurance players to navigate through the evolving insurance sector in the country.
The report also gives forecast on various segments of the insurance industry, including life insurance, medical insurance, accident & liability, fire and other non-life insurances.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM023.htm
Check DISCOUNTED REPORTS on: http://www.rncos.comhttp://www.rncos.com/ |
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| Keywords |
UAE Insurance Market Forecast to 2012, Market Research Reports, Industry Report, Industry Analysis |
| Category |
Business |
| Submission Date |
Jul 27, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Business |
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RNCOS Releases a New Report- Indonesia Food and Drinks Market: Emerging Opportunities
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RNCOS has recently added a new Market Research Report titled, “Indonesia Food and Drinks Market: Emerging Opportunities” to its report gallery. Indonesia has emerged as one of the rapidly growing food and drinks industry in the South East Asia. Various factors, such as economic growth, increasing urbanization, young affluent population, and numerous regional food health and safety concerns have led to a surge in the industry.
Considering the growth potential, numerous domestic and international players have set up their facilities in a move to penetrate the flourishing market. Major investments have been made in processed food sector, such as canned goods, snack foods and ready meals, says our new research report - "Indonesia Food and Drinks Market: Emerging Opportunities". Increasing health awareness and safety concerns among Indonesian consumers have further propelled the segment.
The extensive report provides detailed overview on the consumption patterns of Indonesians in various food segments like milk, fruits, vegetables and meat. The beverage segment talks about the type of beverages, their sales and consumption patterns among consumers. This report has been made to help clients in analyzing the opportunities, challenges and the drivers critical to the growth of food and drinks industry in Indonesia.
The future outlook of the industry given in the report is not determined using any econometric or statistical model or evaluation, rather, it depends upon the past and the current market trends. The changing consumer preferences and behavior, and market trends have been thoroughly studied for identifying the future direction of the market.
“Indonesia Food and Drinks Market: Emerging Opportunities” provides five-year industry forecast (2009-2013) on various food and drinks segments, including:
- Consumer expenditure on FBT
- Meat
- Fruit
- Vegetable
- Fish
- Confectionery
- Milk
- Coffee
- Tea
- Alcoholic Drinks
- Soft Drinks
- Bottled Water
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM163.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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Bicycles Importers, Bicycle Parts, Accessories Buyers, Exporters, Dealers
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Bicycles, Cycle Spare Parts & Accessories, Tricycles importers, dealers, exporter, wholesalers in Europe, Asia, Japan, Gulf, Latin America
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Massive Construction Projects Will Keep Steel Demand Strong in UAE
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With growing economy that raised the investment in construction and infrastructure development activities, the annual domestic consumption of steel in the UAE surged from 4 Million Tons in 2006 to over 6 Million Tons in 2007, as per the new research report, “UAE Steel Industry Analysis”, from RNCOS.
The report sees the UAE as the frontrunner in the Gulf region due to its booming construction sector which is anticipated to see investment of nearly US$ 94 Billion between 2007 and 2009. However, the point of concern is the localization of construction activities to Dubai, but this trend is expected to change in coming years, with the entire federation seeing unprecedented growth, especially the emirate of Abu Dhabi.
Several large-scale development projects have taken off in Dubai to make the UAE a popular tourist and business destination. These include Burj Dubai, Underwater Hotel, Dubailand, Business Bay, Palm Islands, Dubai Festival City, The World and Dubai Waterfront. Moreover, these projects will not only keep contractors busy, but also build a stable foundation for long-term economic growth of the country.
The ongoing development projects clearly reflect the growing demand for steel, cement and other construction material in the UAE which has continuously maintained double-digit economic growth rate. Besides, large infrastructure and property development projects have spurt the prices of steel tremendously in the country. Continuously rising demand for steel has created a big market for steel suppliers and stockists who compete to provide a wide range of steel on demand.
“UAE Steel Industry Analysis” gives exhaustive analysis along with statistical information on the growing steel market in the UAE. It thoroughly studies market trends, evolving markets, growth prospects and investment opportunities in the UAE and GCC steel markets. It also provides panoramic view on various segments of the industry by correlating past market growth and key growth drivers such as economic performance of the industry, long-term metal demand, competitive structure and government rules and regulations, helping clients to modify their investment strategies accordingly.
The report also provides forecast on steel production by country, rebar steel consumption by country and construction industry.
For more information visit: http://www.rncos.com/Report/IM135.htm
Current Industry News: http://www.rncos.com/Blog/
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RNCOS Releases a New Report- Women Wear Market Forecast to 2010
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RNCOS has recently added a new Market Research Report titled, “Women Wear Market Forecast to 2010” to its report gallery. The Indian women apparel market has undergone a transformational phase over the past few years - growing number of working women, changing fashion trends, rising level of information and media exposure, and entry of large number of foreign brands have given the industry a new dimension. As a result, various industry majors operating in men apparel segment have now started to diversify themselves into women wear in order to exploit the highly lucrative market that was estimated at more than Rs. 37,000 Crore in 2007. The market, in the past five years, posted a growth rate of good 14%. And with the growing presence of organized retail and rapidly spreading mall culture, the industry is all set to grow further in future, according to "Women Wear Market Forecast to 2010”, a research report by RNCOS.
The report provides extensive research and rational analysis on the women apparel market in India. It underlines various factors responsible for the growth of women apparel market in India and helps to explore the opportunities associated with it. The research gives an insight into the changing market dynamics and identifies the potential segments in the overall women apparel market.
Key Findings
- Increasing at a CAGR of over 17%, women apparel market is expected to cross Rs. 61,000 Crore by 2010.
- Branded women apparel market is projected to rise at a rate close to 25% and surpass Rs. 18,000 Crore by 2010.
- Premium segment apparel is forecasted to account for close to 20% of total women apparel market by 2010.
- Western wear, along with lingerie, will emerge as the fastest growing segment.
- Organized players are expected to account for over 40% lingerie market by 2009.
- Demand for textile and apparel machinery is anticipated to increase at more than 100% till 2011.
- Demand for ready-made garments in rural market is projected to hit a CAGR of around 16.50% by 2010.
Key Issues & Facts
- What is the market size and scope of women’s apparel market in India?
- What is the position of the Indian apparel industry by volume, value and segments?
- What are the current market trends?
- What is the segment-wise performance of the women apparel industry?
- Which factors are driving growths in the sector?
- What are the various challenges and opportunities for the industry?
Key Players
This section covers the business overview and financials of major domestic and international players currently operating in the Indian women apparel industry, including Provogue India Ltd., Pantaloon Retail (India) Ltd., Page Industries, and Donna Karan International Inc.
Research Methodology
Information Sources
Information has been sourced from various credible sources like books, newspapers, trade journals and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to over 3000 paid databases.
Analysis Method
The analysis methods include ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM127.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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| 5. |
RNCOS Releases a New Report - Global Consumer Electronics Market Forecast to 2013
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RNCOS has recently added a new Market Research Report titled, “Global Consumer Electronics Market Forecast to 2013” to its report gallery. The global consumer electronics industry is set to witness phenomenal growth in the near future after the moderation of tough economic conditions. The prospective growth in the consumer electronics industry could be attributed to the revolutionary technological developments. The digital technology revolution has enabled the industry to make profit from the growing interaction of digital applications, such as camcorders, DVD player/recorder, digital camera, etc. With these technological advancement, the global consumer electronics industry generated revenue of around US$ 694 Billion in 2008.
Our new research report “Global Consumer Electronics Market Forecast to 2013” has predicted that the global consumer electronics industry will grow at a CAGR of around 5% during 2010–2013. During this time period, we expect that 3D TV will experience the highest CAGR of around 118% because manufacturers begin to implement 3D as a standard feature in their HD flat-panel product lines.
We have also found that the American region (mainly the US) is driving the global consumer electronics industry, closely followed by the EU. However, the growth pattern will change in future, with the emergence of Asia Pacific as the major contributor for the industry due to increase in demand for low-priced devices in the developed countries. For instance - India is expected to grow at a CAGR of around 19% during 2010-2013.
We also expect the continuous development of digital technologies will add new features and improve quality of electronic devices. Moreover, the connectivity and mobility also play a vital role in accelerating the industry growth rate as younger generation is fascinated by such features. 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 fast pace.
“Global Consumer Electronics Market Forecast to 2013” provides extensive information and rational analysis of the global consumer electronics industry and its emerging trends. It gives an insight into the regional trends together with discussion on the product segmentation. We have thoroughly analyzed market size, growth opportunities, regional segmentation and trends in technology to give comprehensive overview of the market. We have also included the key players segment to give brief idea of the competitive landscape and business strategies of players.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM260.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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