In the terms of revenue, the markets in Kuwait has accounted the constant growth with the handsome CAGR in the recent past years. Whereas, according to the Best Market Research Company in Kuwait, the Kuwait hospital industry effectively fostered by the growth in inpatients services and augment in the number of hospitals beds. However, the mainstream of the healthcare segment in Kuwait is held by the Ministry of Health. The services based on the healthcare in the public sector hospitals are at exceedingly promoted rates. Owing to such, the number of the outpatients and inpatients in the public segment hospitals is effectively greater than the private segment.
Additionally, the Marketing Research industry Kuwaitstates that during reviewed period of 2013-2018, the Kuwait vehicle leasing market augmented at a handsome growth rate. There are numerous aspects that influenced the growth namely effective increase in the number of end user industries, growth in the number of new establishments, aim on the non-oil segment end users and several other aspects. Furthermore, the research also states that the industry of vehicle leasing observed overall augment in fleet size due to the significant increase in the competition, augmenting requirement and growing market penetration around the several economies in the region. The effective increase in the challenges in the market has augmented the quality of the services suggested by the vehicle leasing corporates in the region, which has concerned more number of consumers to gradually avail of services for their mobility requirements.
Based on the Middle East Market Research Reports, the manned guard security in Middle East accounted a single digit five years CAGR of during the reviewed period. The growth of manned guard security industry in Middle East was majorly fueled by the infrastructure and real estate growth in the commercial, government and residential sector. The Central section of Middle East is the principal market for manned guard security service registering for mainstream of the market in 2017, followed by Northern and Eastern region. Speedy infrastructure growth and amalgamation of the market owing to the government guidelines are the foremost reason behind great requirement for the manned guard security in the economy.
Nonetheless, the B2B market Research Companies Kuwaitstates that the increasing requirement for the goods through the express mode and growing internet penetration is predicted to fuel the Kuwait Express Logistics market growth. The express delivery systems have been measured as a crucial sector of the Kuwait logistics market, used for the sooner delivery of shipments in the assessment to primary services. The measured move of the populace from the retail shopping to online shopping of electronic items, great internet dissemination, daily grocery requirements, apparels and several others in the regions has generated the requirement for the express logistics in the country.
The Kuwait E-commerce industry has observed a proficient growth over the past three years. The effective increase in the smart phones shipments in the region has increased the growth of E-commerce segment in the region. Numerous logistics service merchant suggestions the additional services and offer reductions for the online orders as they support in decrease of the additional management progressions. Therefore, in the coming years, it is anticipated that the research markets in Kuwait will increase around the globe over the near future.
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Ankur Gupta, Head Marketing & Communications