ReleaseWire Connect

Rising awareness along with government support is boosting the stupendous growth of the UAE market, says RNCOS.

The domestic footwear retail market in China is likely to grow at a CAGR of around 9.5% during 2011-2014, says RNCOS in its latest research report.

Fast growing biosimilar market and rising diagnostics business is expected to enable Biopharma industry to grow at 24% CAGR by 2014, says RNCOS.

High growth in pharma market especially in generics is boosting growth of Brazil’s healthcare industry, says RNCOS.

According to the report by RNCOS titled “Booming Construction Equipment Market in India”, the potential for concrete equipment market in India is anticipated to witness a rapid growth on the back of rising investments and support from the public and private sectors. The main focus of the concrete equipment market in India is on urban development, infrastructure projects power, road, ports, and irrigation projects. Moreover, the emergence of infrastructural developmental activities in the Tier-II and -III cities are sure to pave the way for the sector. These multibillion dollar projects will require large construction equipments volume be it in earth moving, material handling, concrete equipments or road building segments.

According to it’s a latest research report by RNCOS, “Indian Tyre Industry Analysis”, the Indian tyre industry has become a center of development in the Asia-Pacific region. Booming automobile market, improving road connectivity, government thrust on infrastructure projects, and vast replacement market are escalating tyre production in the country. Various industry players, including JK Tyres, Apollo tyres, MRF, Michelin, etc., are planning to pour in huge investments to increase capacities across their product portfolio. These capacity expansion plans are anticipated to ultimately result into high tyre production, which is expected to grow further at a CAGR of around 10% during FY 2011-2014 to reach 157 Million Units by FY 2014.

Updated new strains, arrival of new technologies and manufacturers, and the rapid momentum of the emerging market are boosting growth of global influenza vaccine market, says RNCOS.

On the back of supportive initiatives, the neurological drug market in Canada is anticipated to grow stupendously, says RNCOS.

Rising consumer spending and increasing trend of packed and processed food is expected to propel the growth of Food Retail Industry at a CAGR of around 6% from 2011-2014, says RNCOS.

Wine sales in the US is anticipated to reach around US$ 33.9 Billion by 2014, growing at a CAGR of around 3% during 2010-2014, says RNCOS.