Baby Romper Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
A romper is a single piece clothing which is mostly worn by newborn babies and toddlers. Normally, rompers are designed with ease of diaper change with some kind of closure on the legs for quick change without having to undress the baby. A toddler romper, also known as a jumpsuit, is similar to a onesie, but has more leg and arm room to keep your infant covered.
MARKET SCOPE
The "Global Baby Romper Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the baby romper market with detailed market segmentation by material, gender, distribution channel, and geography. The report provides key statistics on the market status of the leading baby romper market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on material, the global baby romper market is segmented into cotton, linen, satin, wool, and others.
- Based on gender, the global baby romper market is segmented into girls, boys and unisex.
- Based on distribution channel, the global baby romper market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others.
MARKET DYNAMICS
Drivers:
- Growing urbanization, improving standards of living.
- Baby romper is witnessing increased popularity, as it is easy to put on and take off of a baby as well as has easy diaper changing flaps.
Restraints:
- Availability of cheap and low-quality substitutes of baby romper.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The baby romper market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the baby romper market in these regions.
IMPACT OF COVID-19ON BABY ROMPER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The consumer goods industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, because of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The baby romper market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the baby romper market in these regions.
IMPACT OF COVID-19ON BABY ROMPER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The consumer goods industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, because of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the baby romper market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from baby romper market are anticipated to lucrative growth opportunities in the future with the rising demand for baby romper in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the baby romper market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Benetton Group S.r.l
- Carter's, Inc.
- Gap Inc.
- HandM Hennes and Mauritz Ab
- Mothercare
- Nike Inc.
- PVH Corporation
- The Children's Place, Inc
- Under Armor Inc.
- ZARA
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
Country Scope
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Baby Romper Market - By Material
1.3.2 Baby Romper Market - By Gender
1.3.3 Baby Romper Market - By Distribution Channel
1.3.4 Baby Romper Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BABY ROMPER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. BABY ROMPER MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. BABY ROMPER MARKET - GLOBAL MARKET ANALYSIS
6.1. BABY ROMPER - GLOBAL MARKET OVERVIEW
6.2. BABY ROMPER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. BABY ROMPER MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
7.1. OVERVIEW
7.2. MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. COTTON
7.3.1. Overview
7.3.2. Cotton Market Forecast and Analysis
7.4. LINEN
7.4.1. Overview
7.4.2. Linen Market Forecast and Analysis
7.5. SATIN
7.5.1. Overview
7.5.2. Satin Market Forecast and Analysis
7.6. WOOL
7.6.1. Overview
7.6.2. Wool Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. BABY ROMPER MARKET - REVENUE AND FORECASTS TO 2028 - GENDER
8.1. OVERVIEW
8.2. GENDER MARKET FORECASTS AND ANALYSIS
8.3. GIRLS
8.3.1. Overview
8.3.2. Girls Market Forecast and Analysis
8.4. BOYS
8.4.1. Overview
8.4.2. Boys Market Forecast and Analysis
8.5. UNISEX
8.5.1. Overview
8.5.2. Unisex Market Forecast and Analysis
9. BABY ROMPER MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
9.1. OVERVIEW
9.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
9.3. SUPERMARKETS AND HYPERMARKETS
9.3.1. Overview
9.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
9.4. SPECIALTY STORES
9.4.1. Overview
9.4.2. Specialty Stores Market Forecast and Analysis
9.5. ONLINE RETAIL
9.5.1. Overview
9.5.2. Online Retail Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis
10. BABY ROMPER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Baby Romper Market Overview
10.1.2 North America Baby Romper Market Forecasts and Analysis
10.1.3 North America Baby Romper Market Forecasts and Analysis - By Material
10.1.4 North America Baby Romper Market Forecasts and Analysis - By Gender
10.1.5 North America Baby Romper Market Forecasts and Analysis - By Distribution Channel
10.1.6 North America Baby Romper Market Forecasts and Analysis - By Countries
10.1.6.1 United States Baby Romper Market
10.1.6.1.1 United States Baby Romper Market by Material
10.1.6.1.2 United States Baby Romper Market by Gender
10.1.6.1.3 United States Baby Romper Market by Distribution Channel
10.1.6.2 Canada Baby Romper Market
10.1.6.2.1 Canada Baby Romper Market by Material
10.1.6.2.2 Canada Baby Romper Market by Gender
10.1.6.2.3 Canada Baby Romper Market by Distribution Channel
10.1.6.3 Mexico Baby Romper Market
10.1.6.3.1 Mexico Baby Romper Market by Material
10.1.6.3.2 Mexico Baby Romper Market by Gender
10.1.6.3.3 Mexico Baby Romper Market by Distribution Channel
10.2. EUROPE
10.2.1 Europe Baby Romper Market Overview
10.2.2 Europe Baby Romper Market Forecasts and Analysis
10.2.3 Europe Baby Romper Market Forecasts and Analysis - By Material
10.2.4 Europe Baby Romper Market Forecasts and Analysis - By Gender
10.2.5 Europe Baby Romper Market Forecasts and Analysis - By Distribution Channel
10.2.6 Europe Baby Romper Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Baby Romper Market
10.2.6.1.1 Germany Baby Romper Market by Material
10.2.6.1.2 Germany Baby Romper Market by Gender
10.2.6.1.3 Germany Baby Romper Market by Distribution Channel
10.2.6.2 France Baby Romper Market
10.2.6.2.1 France Baby Romper Market by Material
10.2.6.2.2 France Baby Romper Market by Gender
10.2.6.2.3 France Baby Romper Market by Distribution Channel
10.2.6.3 Italy Baby Romper Market
10.2.6.3.1 Italy Baby Romper Market by Material
10.2.6.3.2 Italy Baby Romper Market by Gender
10.2.6.3.3 Italy Baby Romper Market by Distribution Channel
10.2.6.4 United Kingdom Baby Romper Market
10.2.6.4.1 United Kingdom Baby Romper Market by Material
10.2.6.4.2 United Kingdom Baby Romper Market by Gender
10.2.6.4.3 United Kingdom Baby Romper Market by Distribution Channel
10.2.6.5 Russia Baby Romper Market
10.2.6.5.1 Russia Baby Romper Market by Material
10.2.6.5.2 Russia Baby Romper Market by Gender
10.2.6.5.3 Russia Baby Romper Market by Distribution Channel
10.2.6.6 Rest of Europe Baby Romper Market
10.2.6.6.1 Rest of Europe Baby Romper Market by Material
10.2.6.6.2 Rest of Europe Baby Romper Market by Gender
10.2.6.6.3 Rest of Europe Baby Romper Market by Distribution Channel
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Baby Romper Market Overview
10.3.2 Asia-Pacific Baby Romper Market Forecasts and Analysis
10.3.3 Asia-Pacific Baby Romper Market Forecasts and Analysis - By Material
10.3.4 Asia-Pacific Baby Romper Market Forecasts and Analysis - By Gender
10.3.5 Asia-Pacific Baby Romper Market Forecasts and Analysis - By Distribution Channel
10.3.6 Asia-Pacific Baby Romper Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Baby Romper Market
10.3.6.1.1 Australia Baby Romper Market by Material
10.3.6.1.2 Australia Baby Romper Market by Gender
10.3.6.1.3 Australia Baby Romper Market by Distribution Channel
10.3.6.2 China Baby Romper Market
10.3.6.2.1 China Baby Romper Market by Material
10.3.6.2.2 China Baby Romper Market by Gender
10.3.6.2.3 China Baby Romper Market by Distribution Channel
10.3.6.3 India Baby Romper Market
10.3.6.3.1 India Baby Romper Market by Material
10.3.6.3.2 India Baby Romper Market by Gender
10.3.6.3.3 India Baby Romper Market by Distribution Channel
10.3.6.4 Japan Baby Romper Market
10.3.6.4.1 Japan Baby Romper Market by Material
10.3.6.4.2 Japan Baby Romper Market by Gender
10.3.6.4.3 Japan Baby Romper Market by Distribution Channel
10.3.6.5 South Korea Baby Romper Market
10.3.6.5.1 South Korea Baby Romper Market by Material
10.3.6.5.2 South Korea Baby Romper Market by Gender
10.3.6.5.3 South Korea Baby Romper Market by Distribution Channel
10.3.6.6 Rest of Asia-Pacific Baby Romper Market
10.3.6.6.1 Rest of Asia-Pacific Baby Romper Market by Material
10.3.6.6.2 Rest of Asia-Pacific Baby Romper Market by Gender
10.3.6.6.3 Rest of Asia-Pacific Baby Romper Market by Distribution Channel
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Baby Romper Market Overview
10.4.2 Middle East and Africa Baby Romper Market Forecasts and Analysis
10.4.3 Middle East and Africa Baby Romper Market Forecasts and Analysis - By Material
10.4.4 Middle East and Africa Baby Romper Market Forecasts and Analysis - By Gender
10.4.5 Middle East and Africa Baby Romper Market Forecasts and Analysis - By Distribution Channel
10.4.6 Middle East and Africa Baby Romper Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Baby Romper Market
10.4.6.1.1 South Africa Baby Romper Market by Material
10.4.6.1.2 South Africa Baby Romper Market by Gender
10.4.6.1.3 South Africa Baby Romper Market by Distribution Channel
10.4.6.2 Saudi Arabia Baby Romper Market
10.4.6.2.1 Saudi Arabia Baby Romper Market by Material
10.4.6.2.2 Saudi Arabia Baby Romper Market by Gender
10.4.6.2.3 Saudi Arabia Baby Romper Market by Distribution Channel
10.4.6.3 U.A.E Baby Romper Market
10.4.6.3.1 U.A.E Baby Romper Market by Material
10.4.6.3.2 U.A.E Baby Romper Market by Gender
10.4.6.3.3 U.A.E Baby Romper Market by Distribution Channel
10.4.6.4 Rest of Middle East and Africa Baby Romper Market
10.4.6.4.1 Rest of Middle East and Africa Baby Romper Market by Material
10.4.6.4.2 Rest of Middle East and Africa Baby Romper Market by Gender
10.4.6.4.3 Rest of Middle East and Africa Baby Romper Market by Distribution Channel
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Baby Romper Market Overview
10.5.2 South and Central America Baby Romper Market Forecasts and Analysis
10.5.3 South and Central America Baby Romper Market Forecasts and Analysis - By Material
10.5.4 South and Central America Baby Romper Market Forecasts and Analysis - By Gender
10.5.5 South and Central America Baby Romper Market Forecasts and Analysis - By Distribution Channel
10.5.6 South and Central America Baby Romper Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Baby Romper Market
10.5.6.1.1 Brazil Baby Romper Market by Material
10.5.6.1.2 Brazil Baby Romper Market by Gender
10.5.6.1.3 Brazil Baby Romper Market by Distribution Channel
10.5.6.2 Argentina Baby Romper Market
10.5.6.2.1 Argentina Baby Romper Market by Material
10.5.6.2.2 Argentina Baby Romper Market by Gender
10.5.6.2.3 Argentina Baby Romper Market by Distribution Channel
10.5.6.3 Rest of South and Central America Baby Romper Market
10.5.6.3.1 Rest of South and Central America Baby Romper Market by Material
10.5.6.3.2 Rest of South and Central America Baby Romper Market by Gender
10.5.6.3.3 Rest of South and Central America Baby Romper Market by Distribution Channel
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. BABY ROMPER MARKET, KEY COMPANY PROFILES
12.1. BENETTON GROUP S.R.L
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. CARTER’S, INC.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. GAP INC.
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. HANDM HENNES AND MAURITZ AB
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. MOTHERCARE
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. NIKE INC.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. PVH CORPORATION
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. THE CHILDREN’S PLACE, INC
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. , UNDER ARMOR INC.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. ZARA
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Benetton Group S.r.l
2. Carter's, Inc.
3. Gap Inc.
4. HandM Hennes and Mauritz Ab
5. Mothercare
6. Nike Inc.
7. PVH Corporation
8. The Children's Place, Inc
9. Under Armor Inc.
10. ZARA
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.