Footwear Manufacturers Focusing on Advanced Technology in Vietnam

LogoIn Vietnam, machinery usage the footwear manufacturing industry is very low. Still, much of the footwear production in the country is very labor intensive as it comprises of sewing and cutting machines that need to be operated with human intervention. Presently, domestic manufacturers are facing various difficulties in meeting the strict quality standards for supplying their footwear products in the international markets especially, EU, US etc. However, local footwear enterprises have started thinking of applying modern technology in production and management to reduce risks. The Country has also laid down aggressive plans to modernize its industry with new equipment and technologies, training and trade promotion activities.

Rising Prosperity Propelling China Footwear Industry

LogoChina Footwear Industry is growing tremendously on the back of increasing income level and rising standard of living. Demand for expensive international brand is continuously growing in the country. Moreover, Increasing domestic sales, exports growth, and e-commerce are the factors enhancing footwear producing companies’ future prospects. Considering the above favorable factors, the domestic sales of china footwear industry is anticipated to grow at a CAGR of around 7.5% during 2013-2017.

Growing Trend of Traditional Flavors Driving Premium Cereal Market

LogoIndian premium cereal market is growing tremendously from the past few years. The market is propelling on the back of rising demand traditional flavor in the cereal products. Moreover, breakfast cereal companies are focusing on traditional flavors and launching their products in these flavors to provide variety to the Indian consumer. In addition, some players are manufacturing and launching products focusing on the flavors of different regions of the country. Therefore, considering the above factors, it is projected that the India premium cereal will grow at a CAGR of more than 20% during the forecast period 2013-2017.

Chinese Government Encouraging Sales of Green Vehicles

LogoChina has been reeling under the ill-effects of massive air pollution, with major cities like Beijing struggling under crippling air pollution. Further, China which is importing oil, has been witnessing an increase in the energy demand over the past few years. Thus, the government in the country is encouraging car buyers to opt for more energy efficient vehicles to reduce oil consumption. The Chinese government is targeting to build at least 500,000 electric or "new energy" vehicles a year by 2015. Both the central and local governments have also unveiled a list of enticing incentives, and have started providing subsidies to the car buyers. In the light of these efforts, China is set to emerge as a popular electric vehicle market in the coming years, says RNCOS in its report “Booming Automobile Sector in China”.

UK Injectable Market Poised for Stupendous Growth

LogoThe injectable drug market is growing significantly owing to increasing prevalence of chronic and infectious diseases. Injectables for certain application areas including diabetes, rheumatoid arthritis and anticoagulants have witnessed a huge growth compared to others. Moreover, the industry has been supported by various technological advancements. On the back of all such factors, the market for injectables is estimated at £ 780 Million, and is expected to reach £ 970 Million by 2017.

LED Signboards: Future of Indian Signage Board Industry

LogoThe signage board industry of India is going through a transformational phase, where new & contemporary techniques of manufacturing are overtaking the traditional ones. The demand of more attractive and eye-catching products is gaining popularity in the market, leaving behind old-fashioned billboards. Thus, the demand of LED sign boards is growing strongly in India, with LED sign boards accounting for almost half of the Indian signage board industry revenue. According to “Opportunities in Indian Signage Industry”, a recent report by RNCOS, the demand of LED sign board is expected to grow more in future.

Mexico Footwear Industry to Grow at 6% CAGR

LogoMexico stands number eight in the list of top global footwear manufacturers. Not only the domestic market but the international export destinations earn significant foreign exchange to the country. Mexico has enviable advantages in terms of abundant raw material supply, skilled labor, well established supply chain among others. Our recent study reveals that footwear sales in Mexico is expected to grow at a CAGR of around 6% during 2012-2017 driven by growing middle class population which accounts for approx. 39% of the country’s total populace, rising affordability amongst lower income groups and changing consumer preferences towards latest trends and fashions.

Indian Medical Device Manufacturers Witnessing Tremendous Growth

LogoUnlike other industries in India, healthcare has been observed to be resistant to price sensitivity. Physicians and surgeons prefer the use of imported goods due to their superior quality and proven clinical records. But gradually, the market for locally manufactured good is rising in India. It is expected to grow by around 17% during 2012-2017 mainly backed by demand from expanding healthcare infrastructure in Tier II, III cities and rural regions. Trivitron, Phoenix Medical Systems, Transasia Bio Medicals Ltd. are few of the over 700 local manufacturers present in India.

Cement Demand in India to Resume Healthy Growth Rate in Next Fiscal

LogoCement industry of India has grown at a fast pace during the past few years backed by strong demand from retail, housing and infrastructure sectors. Unfortunately, the current scenario of Indian economy is gloomy. Thus, many construction projects in housing and infrastructure sector are postponed, which has impacted cement demand. However, Indian government is taking every possible initiative to revive the economy, due to which it is expected that the cement demand will start resuming in 2014-15. According to a recent report by RNCOS, the cement demand is anticipated to increase at a CAGR of more than 8% during 2013-14 to 2015-16.

Affordable, Single Room Treatment Models to Lead Proton Therapy

LogoThe need to diversify their product portfolio in terms of radiation therapy is pushing many institutes to venture into the field of proton therapy. This is inturn being supported by equipment manufacturers such as Mevion, who are supplying synchrocyclotrons meant to cater one treatment room models.