Global Expansion Services Market 2015-2019
Overview of the expansion services market
Technavio’s research analyst predicts the global expansion services market to grow steadily at a rate of 7% during the forecast period. The shift towards core competencies by companies and the market potential in the APAC region are the key drivers for the growth of the expansion services market. Market expansion service providers support companies at various stages of the value chain including sourcing, research, feasibility analysis, marketing, sales, distribution and logistics, and after sales service.
The information security risks associated with expansion services is expected to pose challenges to the market growth during the forecast period. Companies share valuable inside information with the providers to ensure the success of the business in a new territory or even an existing market. The unauthorized use or exchange of this information can pose serious threats for the company's sustenance.
Segmentation by end user and analysis of the expansion services market
- Consumer goods
- Engineered products
Consumer goods were the dominant segment during 2014 and is expected to retain its market leadership until the end of 2019 with a growth rate of 7%. The rise in demand for consumer goods from emerging countries in APAC and Latin America is expected to drive the market growth during the forecast period.
Geographical segmentation and analysis of the expansion services market
APAC accounted for 37% of the market share during 2014 and is expected to witness the fastest growth during the forecast period. The increasing middle class with higher disposable income in emerging countries in this region is anticipated to drive the market growth during the forecast period.
Competitive landscape and key vendors
The global expansion service market is dominated by five leading companies who account for over 70% of the market. All of the providers have a strong global network that enables the end users to outsource their business processes to them. Companies like DKSH have distribution and logistics, sales, research as well as after sales service facilities in 35 countries.
The leading vendors in the market are -
- Dow Corning
Other prominent vendors in the market include AVA, Avaali, Bangkokmex, Inslo, Nos Progressus Consultancy, Nuno ID, P&P Global Expansion, SevenGlobe Development, Kompreni, Jebsen & Jessen, Getz, and LF Asia.
Key questions answered in the report include
- What will the market size and the growth rate be in 2019?
- What are the key factors driving the global expansion services market?
- What are the key market trends impacting the growth of the expansion services market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the global expansion services market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the expansion services market?
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