Posts Tagged ‘Been’
Consumer Credit Reporting Services Procurement Category Market Research Report from IBISWorld has Been Updated
Los Angeles, CA (PRWEB) February 13, 2015
Consumer credit reporting services have a buyer power score of 3.4 out of 5, which reflects moderate negotiating strength for buyers. Demand for consumer credit reporting services has been rising in line with the recovering economy and growing borrowing activity by consumers. “Over the three years to 2014, buyers have continued to rely on vendors to gather and distribute historical credit information,” says IBISWorld procurement analyst Kiera Outlaw. “The ongoing need to evaluate consumer credit, coupled with easier access to credit, increasing aggregate household debt and strengthening consumer spending has been causing service prices to rise.” Prices are forecast to rise further in the three years to 2017. Although rising service prices have hurt buyers’ purchasing power, buyers have been benefiting from a low level of price volatility during the recent period.
The consumer credit reporting services market is moderately concentrated, with Equifax, Experian and TransUnion holding the majority of total market revenue due to their massive data networks and inter-bureau reporting arrangements. These major consumer credit reporting firms have also started to offer business credit reports and other related support services to expand their competitive positions. Nevertheless, the growing adoption of online credit reporting platforms has made it easier for other vendors to enter the market, including a number of specialty firms that focus on reporting nontraditional credit data. “Suppliers can obtain high profit margins in this market, presenting some opportunity for buyers to negotiate lower prices, particularly when bundling multiple services from a single supplier,” adds Outlaw.
Buyers face a mixture of risks and opportunities throughout the purchasing process. As a result, buyer negotiation power is negatively impacted by the lack of viable substitutes and switching costs that can arise due to a moderate level of service specialization. Alternatively, buyers benefit from a low total cost of ownership, short buying lead time, low supply chain risk and minimal chance of vendor default. For more information, visit IBISWorld’s Consumer Credit Reporting Services procurement category market research report page.
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IBISWorld Procurement Report Key Topics
This report is intended to assist buyers of consumer credit reporting services. Vendors in this market provide objective reports on each consumer’s credit history, which buyers can use to make informed business decisions. Insurance companies, human resources departments, property managers and institutional creditors request consumer credit reports. Individual consumers also purchase reports to evaluate their own credit standing and to address potential data errors. Consumer credit reports usually generate a score based on a consumer’s timeliness of payments, level of debt, credit history length and other relevant information sourced from public records. This report excludes credit counseling and credit card services.
Executive Summary
Pricing Environment
Price Fundamentals
Benchmark Price
Pricing Model
Price Drivers
Recent Price Trend
Price Forecast
Product Characteristics
Product Life Cycle
Total Cost of Ownership
Product Specialization
Substitute Goods
Regulation
Quality Control
Supply Chain & Vendors
Supply Chain Dynamics
Supply Chain Risk
Imports
Competitive Environment
Market Share Concentration
Market Profitability
Switching Costs
Purchasing Process
Buying Basics
Buying Lead Time
Selection Process
Key RFP Elements
Negotiation Questions
Buyer Power Factors
Key Statistics
About IBISWorld Inc.
IBISWorld is one of the world’s leading publishers of business intelligence, specializing in Industry research and Procurement research. Since 1971, IBISWorld has provided thoroughly researched, accurate and current business information. With an extensive online portfolio, valued for its depth and scope, IBISWorld’s procurement research reports equip clients with the insight necessary to make better purchasing decisions, faster. Headquartered in Los Angeles, IBISWorld Procurement serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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Global Fertilizers and Agricultural Chemicals Manufacturing Industry Market Research Report from IBISWorld has Been Updated
Los Angeles, CA (PRWEB) July 05, 2013
The Global Fertilizers and Agricultural Chemicals Manufacturing industry produces synthetic fertilizers, pesticides and other agricultural chemicals. As such, it plays an essential role in ensuring that the world’s agricultural production systems are economically efficient in the short term and sustainable in the long term. According to IBISWorld Industry analyst Radia Amari, “over much of the past decade, the industry enjoyed moderate growth led by three main growth drivers: feed, food and biofuels.” Following a marked contraction in 2009, fertilizer and agrochemical demand has rebounded strongly in traditional markets and emerging markets, where food pressures have led to calls for higher agricultural productivity and crop yields. Industry production also has continued to recover from the depressed levels of 2008 and 2009, although it is still operating below installed capacity. Tight agricultural commodity markets and relatively high agricultural prices are benefiting the industry. Industry revenue is expected to grow at an annualized rate of 1.6% to $ 150.9 billion over the five years to 2013, including expected growth of 2.5% in 2013. Global debt concerns are weighing on industry performance. At the same time, the industry will continue to contend with a changing climate, food security issues and establishing a green economy.
Over the next five years, the industry’s performance will hinge on the strong demand growth expected from emerging economies in Asia and the Americas, and new industry operations in Asia, Africa and the Middle East. Farmers will increasingly demand industry products as farm production increases. “Prices will also grow over the next five years, which will further expand industry revenue,” says Amari. Any continued volatility in energy and agricultural commodity prices will also affect the industry. Within the pesticide segment, variables like the flow-on effects of biotechnology developments and the growing sizes of the areas dedicated to genetically modified (GM) crops will impact industry demand. From 2013 to 2018, industry revenue is forecast to grow. The industry is expected to display a lower degree of volatility, but demand and supply imbalances will influence industry performance on a year-to-year basis.
The Global Fertilizers and Agricultural Chemicals Manufacturing industry has a low level of market share concentration. However, concentration levels will vary between product segments. For example, within the pesticide segment, the top six producers (i.e. BASF, Bayer, Dow, DuPont, Monsanto and Syngenta) are estimated to supply the majority of the global market. Within the fertilizer product segment, there are 10 companies that dominate: PotashCorp, Mosaic, Uralkali, Belaruskali, OCP, Yara, CF Industries, Israel Chemicals, Agrium and the K&S Group. Industry consolidation has increased over the past years as an increasing number of operators have merged or been acquired. For example, BASF acquired the Sorex Group in 2008.
For more information, visit IBISWorld’s Global Fertilizers and Agricultural Chemicals Manufacturing industry report page.
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IBISWorld industry Report Key Topics
This industry formulates and prepares fertilizer products, pesticides (e.g. herbicides, insecticides and fungicides) and other agricultural chemicals (e.g. insect repellents, sheep dips, fly sprays and flea powders). Key markets serviced include the agricultural sector, households and various commercial and industrial users.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on nearly every US and Global industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Toy, Doll & Game Manufacturing in the US Industry Market Research Report from IBISWorld has Been Updated
Los Angeles, CA (PRWEB) February 17, 2013
The Toy, Doll and Game Manufacturing industry is expected to continue its modest recovery from painful revenue losses suffered during the recession. Revenue is expected to increase 1.0% to $ 2.69 billion in 2013. According to IBISWorld industry analyst Sean Windle, “Because toys, dolls and games are discretionary items, industry demand is heavily dependent on economic factors, such as unemployment, consumer sentiment and the level of disposable income – all of which experienced losses over the past five years.” To make matters worse, industry operators have had to face not only dismal economic conditions, but also mounting competition from lower-cost imports. As a result, IBISWorld estimates industry revenue fell at an average annual rate of 6.2% in the five years to 2013.
While the worst of the downturn has passed, the same cannot be said of the industry’s struggle to compete with lower-cost imported toys. “Manufacturers in countries like China, which accounts for the overwhelming majority of industry imports, enjoy more relaxed labor and environmental regulations, and can therefore produce goods at a fraction of the cost of US manufacturers,” says Windle. In order to remain competitive, industry firms have had to lower their prices, which has caused them to incur higher fixed costs and made it harder to absorb rising raw material expenses. As a result, the industry’s profitability has declined over the past five years. With faltering profitability, many firms have resorted to labor and wage cuts, facility closures or been forced to exit the industry.
The Toy, Doll and Game Manufacturing industry exhibits a low market share concentration. Although close to one-quarter of the market is taken by two global toy manufacturers, Mattel and Hasbro, the remainder of the industry is characterized by a large number of small and privately owned firms. IBISWorld estimates that over half of all companies in the industry will employ fewer than five workers in 2013, with nearly three quarters of firms expected to employ fewer than 10 workers. In contrast, only 3.7% of industry operators are expected to employ 100 or more workers. While the industry remains fragmented, concentration has increased over the past five years, due to many firms being forced to exit the industry under tough economic conditions. Faced with falling demand and eroding profit margins, many underperforming operators had no choice but to close up shop. Other firms that survived the economic downturn have transferred their manufacturing facilities overseas to take advantage of lower production costs.
Unfortunately for toy, game and doll manufacturers, the long-term outlook is bleak. While consumer confidence, the level of disposable income and employment are all expected to increase over the next five years, import penetration is also set to increase. Since a major basis for competition amongst toy manufacturers is price, US firms, which carry higher labor and regulatory costs, will continue to be at a disadvantage to lower-cost overseas manufacturers. However, a bright spot does exist: as import penetration continues to accelerate, US operators are finding business opportunities through exports, which are expected to increase over the next five years. Export growth will help offset some of the industry’s losses from import competition. In the five years to 2018, IBISWorld expects industry revenue to increase.
For more information, visit IBISWorld’s Toy, Doll & Game Manufacturing in the US industry report page.
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IBISWorld industry Report Key Topics
This industry is comprised of firms that manufacture dolls, doll accessories, action figures, toys, games (including electronic), hobby kits and children’s vehicles (except metal bicycles and tricycles).
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Related Economics Press Releases
September Has Been a Big Month for Crash Safety Legislation and Innovation
St. Louis, Missouri (PRWEB) September 21, 2012
St. Louis car accident attorney Christopher Dysart of The Dysart Law Firm, P.C. (http://www.dysart-law.com) wants to remind drivers of the contributions made to car crash safety during the month of September. On September 21, 2002, Nils Bohlin, inventor of the three-point seatbelt, died at age 82. On September 9, 1966, President Lyndon Johnson signed the National Traffic and Motor Vehicle Safety Act into law. On September 1, 1998, the Intermodal Surface Transportation Efficiency Act of 1991 went into effect. The law required that all cars and light trucks sold in the United States have air bags on both sides of the front seat.
Bohlin, the inventor of the three-point seat belt, spent most of the 1950s developing ejection seats for Saab airplanes, and in 1958, he became the Volvo Car Corporation’s first safety engineer. At Volvo, he designed the first three-point safety belt–a seatbelt with one strap that crossed diagonally across the user’s chest and another that secured his or her hips.
At the time that Bohlin introduced his three-point belt, not many non–racecar-drivers used seatbelts at all. (In fact, they were optional equipment in most cars: buyers had to pay extra if they wanted them.) The belts that were in use consisted of a single lap belt with a buckle that fastened over the stomach. In high-speed crashes, they would keep a person in his or her seat, but the abdominal pressure they caused could result in serious internal injuries. Bohlin’s belt, by contrast, was much safer; it was just as easy to fasten; and it protected both the upper and lower body.
On September 9, 1966, President Lyndon Johnson signed the National Traffic and Motor Vehicle Safety Act into law. Immediately afterward, he signed the Highway Safety Act. The two bills made the federal government responsible for setting and enforcing safety standards for cars and roads. Unsafe highways, Johnson argued, were a menace to public health: “In this century,” Johnson said before he signed the bills, “more than 1,500,000 of our fellow citizens have died on our streets and highways; nearly three times as many Americans as we have lost in all our wars.” It was a genuine crisis, and one that the automakers had proven themselves unwilling or unable to resolve. “Safety is no luxury item,” the President declared, “no optional extra; it must be a normal cost of doing business.”
NTMVSA resulted in safer, more crash resistant cars: it required seat belts for every passenger, impact-absorbing steering wheels, rupture-resistant fuel tanks, door latches that stayed latched in crashes, side-view mirrors, shatter-resistant windshields and windshield defrosters, lights on the sides of cars as well as the front and back, and “the padding and softening of interior surfaces and protrusions.” (For its part, the Highway Safety Act required that road builders install guardrails, better streetlights, and stronger barriers between opposing lanes of traffic.)
On September 1, 1998, the Intermodal Surface Transportation Efficiency Act of 1991 went into effect. The law required that all cars and light trucks sold in the United States have air bags on both sides of the front seat.
Inspired by the inflatable protective covers on Navy torpedoes, an industrial engineering technician from Pennsylvania named John Hetrick patented a design for a “safety cushion assembly for automotive vehicles” in 1953. The next year, Hetrick sent sketches of his device to Ford, General Motors, and Chrysler, but the automakers never responded. Inflatable-safety-cushion technology languished until 1965, when Ralph Nader’s book “Unsafe at Any Speed” speculated that seat belts and air bags together could prevent thousands of deaths in car accidents.
In 1966, when Congress passed the National Traffic and Motor Vehicle Act, they required automakers to install seat belts, but not air bags, in every car they built. Unfortunately, the law did not require people to use their seat belts, and only about 25 percent did. Air bags seemed like the perfect solution to this problem: They could protect drivers and passengers in car crashes whether they chose to buckle up or not.
While Ford and GM began to install air bags in some vehicles during the 1970s, some experts began to wonder if they caused more problems than they solved. When air bags inflated, they could hit people of smaller stature–and children in particular–so hard that they could be seriously hurt or even killed. A 1973 study suggested that three-point (lap and shoulder) seat belts were more effective and less risky than air bags anyway. But as air-bag technology improved, automakers began to install them in more and more vehicles, and by the time the 1991 law was passed, they were a fairly common feature in many cars. Still, the law gave carmakers time to overhaul their factories if necessary: It did not require passenger cars to have air bags until after September 1, 1997. (Truck manufacturers got an extra year to comply with the law).
Researchers estimate that air bags reduce the risk of dying in a head-on car accident by 30 percent, and they agree that the bags have saved more than 10,000 lives since the late 1980s. (Many of those people were not wearing seat belts, which experts believe have saved more than 211,000 lives since1975.) Today, they are standard equipment in almost 100 million cars and trucks.
About The Dysart Law Firm, P.C.
The Dysart Law Firm, P.C. is a St. Louis based car accident law firm that serves clients throughout the States of Missouri and Illinois, including the City of St. Louis, St. Louis County, Columbia, St. Charles, O’Fallen, Springfield, Jefferson City, Cape Girardeau, Alton, Granite City, Edwardsville, Wood River, Roxana, Belleville, East St. Louis, Collinsville, Rockford, Naperville, Peoria, Elgin, Champaign, Carbondale and Mount Vernon. . The firm’s practice includes car accidents, truck accidents, pedestrian accidents, auto manufacturing defects and wrongful death.
Mr. Dysart is a former federal prosecutor and has been nationally recognized as a personal injury lawyer obtaining numerous multi-million dollar verdicts and settlements.
The Dysart Law Firm, P.C. is located at 100 Chesterfield Business Parkway, Second Floor, St. Louis, Missouri 63005 (toll free number 888-586-7041). The firm’s website may be seen at http://www.dysart-law.com, and Mr. Dysart may be contacted via e-mail at cdysart(at)dysart-law(dot)com.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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