Bottled Water Processing Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET OVERVIEW
The bottled water processing market refers to the production and distribution of bottled water for various applications, including drinking, cooking, and cleaning. The increasing demand for safe and clean drinking water, coupled with the rising concern for health and wellness, is driving the growth of the bottled water processing market. Additionally, the increasing awareness of the benefits of hydration and the convenience of bottled water has led to its widespread adoption, further fueling the growth of the market. The bottled water processing market includes the production of different types of bottled water, such as still water, sparkling water, flavored water, and functional water.
MARKET DYNAMICS
In recent times, it is observed that organizations and governments are requiring water treatment systems for short period of time, especially while dealing with some emergency situation. This had led to increase in adoption of water processing equipment rental services. Several health federations and government organizations in developing countries are promoting significance and benefits of having clean water. This is anticipated to be one of the key drivers responsible for the growth of bottled water processing market in upcoming years.
MARKET SCOPE
The "Global Bottled Water Processing Market Analysis to 2031" is a specialized and in-depth study of the bottled water processing market with a special focus on the global market trend analysis. The report aims to provide an overview of bottled water processing market with detailed market segmentation by equipment type, technology, application, and geography. The global bottled water processing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading bottled water processing market players and offers key trends and opportunities in the bottled water processing market.
MARKET SEGMENTATION
The global bottled water processing market is segmented on the basis of equipment type, technology, application. On the basis of equipment type, the market is segmented as filter, bottle washer, filler and capper, blow molder and others. On the basis of technology, the market is segmented as reverse osmosis, ultrafiltration, microfiltration, chlorination and others. On the basis of application, the market is segmented as still water, sparkling water and flavored Water.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global bottled water processing market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The bottled water processing market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting bottled water processing market from both demand and supply side and further evaluates market dynamics effecting 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 effecting the bottled water processing market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global bottled water processing market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The bottled water processing market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting bottled water processing market from both demand and supply side and further evaluates market dynamics effecting 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 effecting the bottled water processing market in these regions.
MARKET PLAYERS
The reports cover key developments in the bottled water processing 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 expansion of business and customer base of market players. The market players from bottled water processing market are anticipated to lucrative growth opportunities in the future with the rising demand for bottled water processing market. Below mentioned is the list of few companies engaged in the bottled water processing market.
The report also includes the profiles of key bottled water processing market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- AXEON Water Technologies
- Donaldson Company
- Liquid Packaging Solutions, Inc.
- Nestlé
- Norland International
- Pall Corporation
- Pure Aqua, Inc.
- SUEZ
- The Coca-Cola Company
- VELOCITY WATER WORKS
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Bottled Water Processing Market - By Equipment Type
1.3.2 Bottled Water Processing Market - By Technology
1.3.3 Bottled Water Processing Market - By Application
1.3.4 Bottled Water Processing Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BOTTLED WATER PROCESSING 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. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. BOTTLED WATER PROCESSING 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. BOTTLED WATER PROCESSING MARKET - GLOBAL MARKET ANALYSIS
6.1. BOTTLED WATER PROCESSING - GLOBAL MARKET OVERVIEW
6.2. BOTTLED WATER PROCESSING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. BOTTLED WATER PROCESSING MARKET - REVENUE AND FORECASTS TO 2028 - EQUIPMENT TYPE
7.1. OVERVIEW
7.2. EQUIPMENT TYPE MARKET FORECASTS AND ANALYSIS
7.3. FILTER
7.3.1. Overview
7.3.2. Filter Market Forecast and Analysis
7.4. BOTTLE WASHER
7.4.1. Overview
7.4.2. Bottle Washer Market Forecast and Analysis
7.5. FILLER AND CAPPER
7.5.1. Overview
7.5.2. Filler and Capper Market Forecast and Analysis
7.6. BLOW MOLDER
7.6.1. Overview
7.6.2. Blow Molder Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. BOTTLED WATER PROCESSING MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. REVERSE OSMOSIS
8.3.1. Overview
8.3.2. Reverse Osmosis Market Forecast and Analysis
8.4. ULTRAFILTRATION
8.4.1. Overview
8.4.2. Ultrafiltration Market Forecast and Analysis
8.5. MICROFILTRATION
8.5.1. Overview
8.5.2. Microfiltration Market Forecast and Analysis
8.6. CHLORINATION
8.6.1. Overview
8.6.2. Chlorination Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. BOTTLED WATER PROCESSING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. STILL WATER
9.3.1. Overview
9.3.2. Still Water Market Forecast and Analysis
9.4. SPARKLING WATER
9.4.1. Overview
9.4.2. Sparkling Water Market Forecast and Analysis
9.5. FLAVORED WATER
9.5.1. Overview
9.5.2. Flavored Water Market Forecast and Analysis
10. BOTTLED WATER PROCESSING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Bottled Water Processing Market Overview
10.1.2 North America Bottled Water Processing Market Forecasts and Analysis
10.1.3 North America Bottled Water Processing Market Forecasts and Analysis - By Equipment Type
10.1.4 North America Bottled Water Processing Market Forecasts and Analysis - By Technology
10.1.5 North America Bottled Water Processing Market Forecasts and Analysis - By Application
10.1.6 North America Bottled Water Processing Market Forecasts and Analysis - By Countries
10.1.6.1 United States Bottled Water Processing Market
10.1.6.1.1 United States Bottled Water Processing Market by Equipment Type
10.1.6.1.2 United States Bottled Water Processing Market by Technology
10.1.6.1.3 United States Bottled Water Processing Market by Application
10.1.6.2 Canada Bottled Water Processing Market
10.1.6.2.1 Canada Bottled Water Processing Market by Equipment Type
10.1.6.2.2 Canada Bottled Water Processing Market by Technology
10.1.6.2.3 Canada Bottled Water Processing Market by Application
10.1.6.3 Mexico Bottled Water Processing Market
10.1.6.3.1 Mexico Bottled Water Processing Market by Equipment Type
10.1.6.3.2 Mexico Bottled Water Processing Market by Technology
10.1.6.3.3 Mexico Bottled Water Processing Market by Application
10.2. EUROPE
10.2.1 Europe Bottled Water Processing Market Overview
10.2.2 Europe Bottled Water Processing Market Forecasts and Analysis
10.2.3 Europe Bottled Water Processing Market Forecasts and Analysis - By Equipment Type
10.2.4 Europe Bottled Water Processing Market Forecasts and Analysis - By Technology
10.2.5 Europe Bottled Water Processing Market Forecasts and Analysis - By Application
10.2.6 Europe Bottled Water Processing Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Bottled Water Processing Market
10.2.6.1.1 Germany Bottled Water Processing Market by Equipment Type
10.2.6.1.2 Germany Bottled Water Processing Market by Technology
10.2.6.1.3 Germany Bottled Water Processing Market by Application
10.2.6.2 France Bottled Water Processing Market
10.2.6.2.1 France Bottled Water Processing Market by Equipment Type
10.2.6.2.2 France Bottled Water Processing Market by Technology
10.2.6.2.3 France Bottled Water Processing Market by Application
10.2.6.3 Italy Bottled Water Processing Market
10.2.6.3.1 Italy Bottled Water Processing Market by Equipment Type
10.2.6.3.2 Italy Bottled Water Processing Market by Technology
10.2.6.3.3 Italy Bottled Water Processing Market by Application
10.2.6.4 United Kingdom Bottled Water Processing Market
10.2.6.4.1 United Kingdom Bottled Water Processing Market by Equipment Type
10.2.6.4.2 United Kingdom Bottled Water Processing Market by Technology
10.2.6.4.3 United Kingdom Bottled Water Processing Market by Application
10.2.6.5 Russia Bottled Water Processing Market
10.2.6.5.1 Russia Bottled Water Processing Market by Equipment Type
10.2.6.5.2 Russia Bottled Water Processing Market by Technology
10.2.6.5.3 Russia Bottled Water Processing Market by Application
10.2.6.6 Rest of Europe Bottled Water Processing Market
10.2.6.6.1 Rest of Europe Bottled Water Processing Market by Equipment Type
10.2.6.6.2 Rest of Europe Bottled Water Processing Market by Technology
10.2.6.6.3 Rest of Europe Bottled Water Processing Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Bottled Water Processing Market Overview
10.3.2 Asia-Pacific Bottled Water Processing Market Forecasts and Analysis
10.3.3 Asia-Pacific Bottled Water Processing Market Forecasts and Analysis - By Equipment Type
10.3.4 Asia-Pacific Bottled Water Processing Market Forecasts and Analysis - By Technology
10.3.5 Asia-Pacific Bottled Water Processing Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Bottled Water Processing Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Bottled Water Processing Market
10.3.6.1.1 Australia Bottled Water Processing Market by Equipment Type
10.3.6.1.2 Australia Bottled Water Processing Market by Technology
10.3.6.1.3 Australia Bottled Water Processing Market by Application
10.3.6.2 China Bottled Water Processing Market
10.3.6.2.1 China Bottled Water Processing Market by Equipment Type
10.3.6.2.2 China Bottled Water Processing Market by Technology
10.3.6.2.3 China Bottled Water Processing Market by Application
10.3.6.3 India Bottled Water Processing Market
10.3.6.3.1 India Bottled Water Processing Market by Equipment Type
10.3.6.3.2 India Bottled Water Processing Market by Technology
10.3.6.3.3 India Bottled Water Processing Market by Application
10.3.6.4 Japan Bottled Water Processing Market
10.3.6.4.1 Japan Bottled Water Processing Market by Equipment Type
10.3.6.4.2 Japan Bottled Water Processing Market by Technology
10.3.6.4.3 Japan Bottled Water Processing Market by Application
10.3.6.5 South Korea Bottled Water Processing Market
10.3.6.5.1 South Korea Bottled Water Processing Market by Equipment Type
10.3.6.5.2 South Korea Bottled Water Processing Market by Technology
10.3.6.5.3 South Korea Bottled Water Processing Market by Application
10.3.6.6 Rest of Asia-Pacific Bottled Water Processing Market
10.3.6.6.1 Rest of Asia-Pacific Bottled Water Processing Market by Equipment Type
10.3.6.6.2 Rest of Asia-Pacific Bottled Water Processing Market by Technology
10.3.6.6.3 Rest of Asia-Pacific Bottled Water Processing Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Bottled Water Processing Market Overview
10.4.2 Middle East and Africa Bottled Water Processing Market Forecasts and Analysis
10.4.3 Middle East and Africa Bottled Water Processing Market Forecasts and Analysis - By Equipment Type
10.4.4 Middle East and Africa Bottled Water Processing Market Forecasts and Analysis - By Technology
10.4.5 Middle East and Africa Bottled Water Processing Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Bottled Water Processing Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Bottled Water Processing Market
10.4.6.1.1 South Africa Bottled Water Processing Market by Equipment Type
10.4.6.1.2 South Africa Bottled Water Processing Market by Technology
10.4.6.1.3 South Africa Bottled Water Processing Market by Application
10.4.6.2 Saudi Arabia Bottled Water Processing Market
10.4.6.2.1 Saudi Arabia Bottled Water Processing Market by Equipment Type
10.4.6.2.2 Saudi Arabia Bottled Water Processing Market by Technology
10.4.6.2.3 Saudi Arabia Bottled Water Processing Market by Application
10.4.6.3 U.A.E Bottled Water Processing Market
10.4.6.3.1 U.A.E Bottled Water Processing Market by Equipment Type
10.4.6.3.2 U.A.E Bottled Water Processing Market by Technology
10.4.6.3.3 U.A.E Bottled Water Processing Market by Application
10.4.6.4 Rest of Middle East and Africa Bottled Water Processing Market
10.4.6.4.1 Rest of Middle East and Africa Bottled Water Processing Market by Equipment Type
10.4.6.4.2 Rest of Middle East and Africa Bottled Water Processing Market by Technology
10.4.6.4.3 Rest of Middle East and Africa Bottled Water Processing Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Bottled Water Processing Market Overview
10.5.2 South and Central America Bottled Water Processing Market Forecasts and Analysis
10.5.3 South and Central America Bottled Water Processing Market Forecasts and Analysis - By Equipment Type
10.5.4 South and Central America Bottled Water Processing Market Forecasts and Analysis - By Technology
10.5.5 South and Central America Bottled Water Processing Market Forecasts and Analysis - By Application
10.5.6 South and Central America Bottled Water Processing Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Bottled Water Processing Market
10.5.6.1.1 Brazil Bottled Water Processing Market by Equipment Type
10.5.6.1.2 Brazil Bottled Water Processing Market by Technology
10.5.6.1.3 Brazil Bottled Water Processing Market by Application
10.5.6.2 Argentina Bottled Water Processing Market
10.5.6.2.1 Argentina Bottled Water Processing Market by Equipment Type
10.5.6.2.2 Argentina Bottled Water Processing Market by Technology
10.5.6.2.3 Argentina Bottled Water Processing Market by Application
10.5.6.3 Rest of South and Central America Bottled Water Processing Market
10.5.6.3.1 Rest of South and Central America Bottled Water Processing Market by Equipment Type
10.5.6.3.2 Rest of South and Central America Bottled Water Processing Market by Technology
10.5.6.3.3 Rest of South and Central America Bottled Water Processing Market by Application
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. BOTTLED WATER PROCESSING MARKET, KEY COMPANY PROFILES
12.1. AXEON WATER TECHNOLOGIES
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. DONALDSON COMPANY
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. LIQUID PACKAGING SOLUTIONS, 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. NESTLé
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. NORLAND INTERNATIONAL
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. PALL CORPORATION
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. PURE AQUA, INC.
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. SUEZ
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. THE COCA-COLA COMPANY
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. VELOCITY WATER WORKS
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
The List of Companies
- AXEON Water Technologies
- Donaldson Company
- Liquid Packaging Solutions, Inc.
- Nestlé
- Norland International
- Pall Corporation
- Pure Aqua, Inc.
- SUEZ
- The Coca-Cola Company
- VELOCITY WATER WORKS
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.
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