Coated Paper Market Scope 2031
The Coated Paper Market is expected to register a CAGR of 3.7% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Coating Material (Ground Calcium Carbonate (GCC), Precipitated Calcium Carbonate (PCC), Kaolin Clay, Wax, Starch, and Others). The report is also segmented based on Product Type (Coated Fine Paper, Coated Ground Wood Paper, Low Coat Weight Paper, and Others) and Application (Packaging, Printing, Labeling, and Others). The report scope covers 5 regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Coated Paper Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Coated Paper Market Segmentation
Coating Material- Ground Calcium Carbonate
- Precipitated Calcium Carbonate
- Kaolin Clay
- Wax
- Starch
- Coated Fine Paper
- Coated Ground Wood Paper
- Low Coat Weight Paper
- Packaging
- Printing
- Labeling
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Coated Paper Market Growth Drivers- Demand for High-Quality Printing and Packaging Drives Growth in Coated Paper Market, Especially for Advertising and Publishing: The demand for high-grade and sophisticated printing within the coated paper market in the sectors such as the printing and publishing industry, for packaging and advertising, among others, is a major factor contributing to the market growth. Coated papers improve the sharpness of the images and the richness of the colors which makes them very suitable for business for instance, creating brochures, magazines, and high-end packaging which a lot of businesses are looking for to enhance their visual appeal.
- E-commerce Boom Increases Packaging Demands, Boosting Coated Paper Market with Emphasis on Aesthetic Branding and Quality Graphics: The boom in the ecommerce sector has come with a fair share of its challenges and one of the most prominent has to be the increased packaging needs, especially for aesthetic and branding. Coated paper is used because it facilitates good quality graphics and long-lasting prints allowing brands to design box openings in the most appealing ways possible, therefore the growth of the coated paper market.
- Shift to Sustainable Practices in Coated Paper Production Meets Consumer Demand for Eco-Friendly Products and Strengthens Brand Loyalty: There is a rise in the demand for environmentally friendly products, and as a result the coated paper market is experiencing a shift to sustainable development. More and more manufacturers have started making coated paper using already used materials or coatings that are friendly to the environment to meet the demands of the green consumers. This practice apex meeting the regulatory requirement also protects the brand equity and customer retention.
- Sustainability Drives Coated Paper Market as Manufacturers Shift to Recycled and Biodegradable Materials to Meet Consumer Demand for Green Alternatives: Recent developments in the coated paper industry show a rising global trend towards sustainability as end consumers and businesses individually opt for green alternatives. In reaction, the manufacturers are producing coated papers that are made from recycled materials and even biopapers. This change not only aids manufacturers in compliance but also meets the suitable needs of the market for the green products.
- Advancements in Coating Processes Enhance Coated Paper Quality, Boosting Production for Premium Packaging and Artistic Applications: Transitional improvements in the coating processes are improving the quality and the performance of coated papers. Modern methods allow for better coatings in terms of adhesion, print quality as well as wear and tear. Therefore, it becomes easier for the production of high quality coated paper for use in a variety of fields ranging from artistic works to premium boxes and packaging thus increasing the markets.
- Growth in digital printing: Digital Printing Growth Spurs Demand for High-Quality Coated Papers with Superior Ink Adhesion and Clarity, Shaping the Coated Paper Market: The coated paper market is largely shaped by developments in digital printing . Considering that more and more companies are incorporating digital printing to produce small quantities and/or customized products, the need for high grade coated papers with good ink quality and clarity is on the rise. This dynamic evolution of the coated paper market is altering the inventory composition and enhancing the growth of the market.
- Coated Paper Market Sees Growth in Food Packaging Due to Moisture Resistance and Freshness Preservation, Aligned with Sustainable and Aesthetic Trends: The coated paper industry remains poised with a considerable opportunity presented by the food packaging industry. Coated papers are being used more frequently for the wrapping and packing of various food products, thanks to their resistance to moisture, and their ability to keep the products fresh. This reinforces the already existent trend of looking for sustainable and aesthetic food packaging.
- E-Commerce Growth Fuels Demand for Coated Paper in Protective and High-Quality Shipment Packaging, Enhancing Brand Appeal: Statistics also indicate that the aforementioned growth in e-commerce sales has led to an increase in the use of coated paper for packing functions. Consequently, businesses want well-designed, effective and above all, shipment packaging that ensures protection of the brands. Therefore, coated paper is strong enough and has good quality printing allowing investors to take full advantage of this sector.
- Personalization Trend in Consumer Products Boosts Coated Paper Demand for Specialized Finishes and Textures, Offering Competitive Advantage: The growing near universal trend of personalization of most consumer products has its perks even on coated paper manufacturers who can make personalized and specialty papers. This consists of constructive particular finishing, texture and coating in relation to the specific market for which such papers would be used such as high end products, card invitations or advertising materials. Such developments can serve to bring out competitive advantage to the products and broaden the target market.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Coated Paper Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Coated Paper Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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.
Frequently Asked Questions
The Coated Paper Market is estimated to witness a CAGR of 3.7% from 2023 to 2031
Rising demand for high-quality printing is driving the market growth
Increasing adoption of sustainable and durable paper-based products is likely to remain the key trend in the market.
OJI Paper Co Ltd, Lansheng, Mitsubishi Paper Mills Limited, Stora Enso Oyj, UPM, Sappi Paper Holding GmbH, Burgo Group SPA, Safepack Industries Limited, Crusader Paper Company Inc, and Asia Pulp and Paper Group are among the leading players operating in the coated papers market.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
Based on geography, Asia Pacific held the largest share of the coated papers market.
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 Coated Paper Market - By Coating Material
1.3.2 Coated Paper Market - By Product
1.3.3 Coated Paper Market - By Application
1.3.4 Coated Paper Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. COATED PAPER 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. COATED PAPER 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. COATED PAPER MARKET - GLOBAL MARKET ANALYSIS
6.1. COATED PAPER - GLOBAL MARKET OVERVIEW
6.2. COATED PAPER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. COATED PAPER MARKET - REVENUE AND FORECASTS TO 2028 - COATING MATERIAL
7.1. OVERVIEW
7.2. COATING MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. GCC
7.3.1. Overview
7.3.2. GCC Market Forecast and Analysis
7.4. PCC
7.4.1. Overview
7.4.2. PCC Market Forecast and Analysis
7.5. KAOLIN CLAY
7.5.1. Overview
7.5.2. Kaolin Clay Market Forecast and Analysis
7.6. WAX
7.6.1. Overview
7.6.2. Wax Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. COATED PAPER MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
8.1. OVERVIEW
8.2. PRODUCT MARKET FORECASTS AND ANALYSIS
8.3. COATED FINE PAPER
8.3.1. Overview
8.3.2. Coated Fine Paper Market Forecast and Analysis
8.4. COATED GROUNDWOOD PAPER
8.4.1. Overview
8.4.2. Coated Groundwood Paper Market Forecast and Analysis
8.5. STANDARD COATED FINE PAPER
8.5.1. Overview
8.5.2. Standard Coated Fine Paper Market Forecast and Analysis
8.6. LOW COAT WEIGHT PAPER
8.6.1. Overview
8.6.2. Low Coat Weight Paper Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. COATED PAPER MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. PACKAGING
9.3.1. Overview
9.3.2. Packaging Market Forecast and Analysis
9.4. PRINTING
9.4.1. Overview
9.4.2. Printing Market Forecast and Analysis
9.5. LABELS
9.5.1. Overview
9.5.2. Labels Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis
10. COATED PAPER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Coated Paper Market Overview
10.1.2 North America Coated Paper Market Forecasts and Analysis
10.1.3 North America Coated Paper Market Forecasts and Analysis - By Coating Material
10.1.4 North America Coated Paper Market Forecasts and Analysis - By Product
10.1.5 North America Coated Paper Market Forecasts and Analysis - By Application
10.1.6 North America Coated Paper Market Forecasts and Analysis - By Countries
10.1.6.1 United States Coated Paper Market
10.1.6.1.1 United States Coated Paper Market by Coating Material
10.1.6.1.2 United States Coated Paper Market by Product
10.1.6.1.3 United States Coated Paper Market by Application
10.1.6.2 Canada Coated Paper Market
10.1.6.2.1 Canada Coated Paper Market by Coating Material
10.1.6.2.2 Canada Coated Paper Market by Product
10.1.6.2.3 Canada Coated Paper Market by Application
10.1.6.3 Mexico Coated Paper Market
10.1.6.3.1 Mexico Coated Paper Market by Coating Material
10.1.6.3.2 Mexico Coated Paper Market by Product
10.1.6.3.3 Mexico Coated Paper Market by Application
10.2. EUROPE
10.2.1 Europe Coated Paper Market Overview
10.2.2 Europe Coated Paper Market Forecasts and Analysis
10.2.3 Europe Coated Paper Market Forecasts and Analysis - By Coating Material
10.2.4 Europe Coated Paper Market Forecasts and Analysis - By Product
10.2.5 Europe Coated Paper Market Forecasts and Analysis - By Application
10.2.6 Europe Coated Paper Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Coated Paper Market
10.2.6.1.1 Germany Coated Paper Market by Coating Material
10.2.6.1.2 Germany Coated Paper Market by Product
10.2.6.1.3 Germany Coated Paper Market by Application
10.2.6.2 France Coated Paper Market
10.2.6.2.1 France Coated Paper Market by Coating Material
10.2.6.2.2 France Coated Paper Market by Product
10.2.6.2.3 France Coated Paper Market by Application
10.2.6.3 Italy Coated Paper Market
10.2.6.3.1 Italy Coated Paper Market by Coating Material
10.2.6.3.2 Italy Coated Paper Market by Product
10.2.6.3.3 Italy Coated Paper Market by Application
10.2.6.4 United Kingdom Coated Paper Market
10.2.6.4.1 United Kingdom Coated Paper Market by Coating Material
10.2.6.4.2 United Kingdom Coated Paper Market by Product
10.2.6.4.3 United Kingdom Coated Paper Market by Application
10.2.6.5 Russia Coated Paper Market
10.2.6.5.1 Russia Coated Paper Market by Coating Material
10.2.6.5.2 Russia Coated Paper Market by Product
10.2.6.5.3 Russia Coated Paper Market by Application
10.2.6.6 Rest of Europe Coated Paper Market
10.2.6.6.1 Rest of Europe Coated Paper Market by Coating Material
10.2.6.6.2 Rest of Europe Coated Paper Market by Product
10.2.6.6.3 Rest of Europe Coated Paper Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Coated Paper Market Overview
10.3.2 Asia-Pacific Coated Paper Market Forecasts and Analysis
10.3.3 Asia-Pacific Coated Paper Market Forecasts and Analysis - By Coating Material
10.3.4 Asia-Pacific Coated Paper Market Forecasts and Analysis - By Product
10.3.5 Asia-Pacific Coated Paper Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Coated Paper Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Coated Paper Market
10.3.6.1.1 Australia Coated Paper Market by Coating Material
10.3.6.1.2 Australia Coated Paper Market by Product
10.3.6.1.3 Australia Coated Paper Market by Application
10.3.6.2 China Coated Paper Market
10.3.6.2.1 China Coated Paper Market by Coating Material
10.3.6.2.2 China Coated Paper Market by Product
10.3.6.2.3 China Coated Paper Market by Application
10.3.6.3 India Coated Paper Market
10.3.6.3.1 India Coated Paper Market by Coating Material
10.3.6.3.2 India Coated Paper Market by Product
10.3.6.3.3 India Coated Paper Market by Application
10.3.6.4 Japan Coated Paper Market
10.3.6.4.1 Japan Coated Paper Market by Coating Material
10.3.6.4.2 Japan Coated Paper Market by Product
10.3.6.4.3 Japan Coated Paper Market by Application
10.3.6.5 South Korea Coated Paper Market
10.3.6.5.1 South Korea Coated Paper Market by Coating Material
10.3.6.5.2 South Korea Coated Paper Market by Product
10.3.6.5.3 South Korea Coated Paper Market by Application
10.3.6.6 Rest of Asia-Pacific Coated Paper Market
10.3.6.6.1 Rest of Asia-Pacific Coated Paper Market by Coating Material
10.3.6.6.2 Rest of Asia-Pacific Coated Paper Market by Product
10.3.6.6.3 Rest of Asia-Pacific Coated Paper Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Coated Paper Market Overview
10.4.2 Middle East and Africa Coated Paper Market Forecasts and Analysis
10.4.3 Middle East and Africa Coated Paper Market Forecasts and Analysis - By Coating Material
10.4.4 Middle East and Africa Coated Paper Market Forecasts and Analysis - By Product
10.4.5 Middle East and Africa Coated Paper Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Coated Paper Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Coated Paper Market
10.4.6.1.1 South Africa Coated Paper Market by Coating Material
10.4.6.1.2 South Africa Coated Paper Market by Product
10.4.6.1.3 South Africa Coated Paper Market by Application
10.4.6.2 Saudi Arabia Coated Paper Market
10.4.6.2.1 Saudi Arabia Coated Paper Market by Coating Material
10.4.6.2.2 Saudi Arabia Coated Paper Market by Product
10.4.6.2.3 Saudi Arabia Coated Paper Market by Application
10.4.6.3 U.A.E Coated Paper Market
10.4.6.3.1 U.A.E Coated Paper Market by Coating Material
10.4.6.3.2 U.A.E Coated Paper Market by Product
10.4.6.3.3 U.A.E Coated Paper Market by Application
10.4.6.4 Rest of Middle East and Africa Coated Paper Market
10.4.6.4.1 Rest of Middle East and Africa Coated Paper Market by Coating Material
10.4.6.4.2 Rest of Middle East and Africa Coated Paper Market by Product
10.4.6.4.3 Rest of Middle East and Africa Coated Paper Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Coated Paper Market Overview
10.5.2 South and Central America Coated Paper Market Forecasts and Analysis
10.5.3 South and Central America Coated Paper Market Forecasts and Analysis - By Coating Material
10.5.4 South and Central America Coated Paper Market Forecasts and Analysis - By Product
10.5.5 South and Central America Coated Paper Market Forecasts and Analysis - By Application
10.5.6 South and Central America Coated Paper Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Coated Paper Market
10.5.6.1.1 Brazil Coated Paper Market by Coating Material
10.5.6.1.2 Brazil Coated Paper Market by Product
10.5.6.1.3 Brazil Coated Paper Market by Application
10.5.6.2 Argentina Coated Paper Market
10.5.6.2.1 Argentina Coated Paper Market by Coating Material
10.5.6.2.2 Argentina Coated Paper Market by Product
10.5.6.2.3 Argentina Coated Paper Market by Application
10.5.6.3 Rest of South and Central America Coated Paper Market
10.5.6.3.1 Rest of South and Central America Coated Paper Market by Coating Material
10.5.6.3.2 Rest of South and Central America Coated Paper Market by Product
10.5.6.3.3 Rest of South and Central America Coated Paper 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. COATED PAPER MARKET, KEY COMPANY PROFILES
12.1. ASIA PULP AND PAPER
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. OJI HOLDINGS CORPORATION
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. NIPPON PAPER INDUSTRIES CO., LTD.
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. STORA ENSO OYJ
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. UPM-KYMMENE OYJ
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. SAPPI LIMITED
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. BURGO GROUP SPA
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. NEWPAGE CORPORATION
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. MICHELMAN, 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. ARJOWIGGINS SAS
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
1. Asia Pulp and Paper
2. Oji Holdings Corporation
3. Nippon Paper Industries Co., Ltd.
4. Stora Enso Oyj
5. UPM-Kymmene Oyj
6. Sappi Limited
7. Burgo Group Spa
8. NewPage Corporation
9. Michelman, Inc.
10. Arjowiggins SAS
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.