Intermediate Bulk Container Market Updates by 2031
Intermediate bulk containers (IBC) are reusable, multi-use industrial-grade containers engineered for the mass handling, transport, and storage of liquids, semi-solids, pastes, or solids. IBC totes are designed for stacking during storage, transportation, and operation, when filled or empty of cargo. It is constructed from high-density polyethylene or heavy-duty UV stabilized linear low-density polyethylene with an external galvanized steel protective cage, plastic IBCs are reusable, lightweight, safe and reliable, as well as easy to fill and discharge.
MARKET DYNAMICS
The intermediate bulk container market has witnessed a significant growth owing to factors such as rising demand of industry . Moreover, the growing population and R&D activity across the globe have been providing a huge market opportunity for the key players operating in the intermediate bulk container market. However, volatile prices is projected to hamper the overall growth of the intermediate bulk container market.
MARKET SCOPE
The "Global Intermediate Bulk Container Market Analysis to 2031" 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 intermediate bulk container market with detailed market segmentation material type, product type, end user, and geography. The global intermediate bulk container market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading intermediate bulk container market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global intermediate bulk container market is segmented on the basis of material type, product type and end user. On the basis of material type, the global intermediate bulk container market is divided into metal and paperboard and plastics. On the basis of product type, the market is dived into RIBC and FIBC. On the basis of application, the global intermediate bulk container market is divided into chemical, pharmaceutical, food and others.
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 intermediate bulk container market based on various segments. It also provides marketsize and forecast estimates from the 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 intermediate bulk container 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 intermediate bulk container 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 intermediate bulk container 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 an overview and forecast of the global intermediate bulk container market based on various segments. It also provides marketsize and forecast estimates from the 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 intermediate bulk container 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 intermediate bulk container 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 intermediate bulk container market in these regions.
MARKET PLAYERS
The reports cover key developments in the intermediate bulk container 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market pl ayers from intermediate bulk container market is anticipated to lucrative growth opportunities in the future with the rising demand for intermediate bulk container in the global market. Below mentioned is the list of few companies engaged in the intermediate bulk container market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the intermediate bulk container 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.
- Berry Global Group Inc.,Bulk Lift International LLC
- DS Smith Plc
- FlexiTuff Ventures International Ltd.
- Global-Pak LLC
- Greif Inc.
- LC Packaging International BV
- Plastipak Group
- Plymouth Industries LLC
- Sonoco Products Co.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- 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.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Intermediate Bulk Container Market - By Material Type
1.3.2Intermediate Bulk Container Market - By Product Type
1.3.3Intermediate Bulk Container Market - By End User
1.3.4Intermediate Bulk Container Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.INTERMEDIATE BULK CONTAINER MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.INTERMEDIATE BULK CONTAINER 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.INTERMEDIATE BULK CONTAINER MARKET - GLOBAL MARKET ANALYSIS
6.1.INTERMEDIATE BULK CONTAINER - GLOBAL MARKET OVERVIEW
6.2.INTERMEDIATE BULK CONTAINER - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.INTERMEDIATE BULK CONTAINER MARKET - REVENUE AND FORECASTS TO 2028 " MATERIAL TYPE
7.1.OVERVIEW
7.2.MATERIAL TYPE MARKET FORECASTS AND ANALYSIS
7.3.METAL AND PAPERBOARD
7.3.1.Overview
7.3.2.Metal and Paperboard Market Forecast and Analysis
7.4.PLASTICS
7.4.1.Overview
7.4.2.Plastics Market Forecast and Analysis
8.INTERMEDIATE BULK CONTAINER MARKET - REVENUE AND FORECASTS TO 2028 " PRODUCT TYPE
8.1.OVERVIEW
8.2.PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
8.3.RIBC
8.3.1.Overview
8.3.2.RIBC Market Forecast and Analysis
8.4.FIBC
8.4.1.Overview
8.4.2.FIBC Market Forecast and Analysis
9.INTERMEDIATE BULK CONTAINER MARKET - REVENUE AND FORECASTS TO 2028 " END USER
9.1.OVERVIEW
9.2.END USER MARKET FORECASTS AND ANALYSIS
9.3.CHEMICAL
9.3.1.Overview
9.3.2.Chemical Market Forecast and Analysis
9.4.PHARMACEUTICAL
9.4.1.Overview
9.4.2.Pharmaceutical Market Forecast and Analysis
9.5.FOOD
9.5.1.Overview
9.5.2.Food Market Forecast and Analysis
9.6.OTHERS
9.6.1.Overview
9.6.2.Others Market Forecast and Analysis
10.INTERMEDIATE BULK CONTAINER MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Intermediate Bulk Container Market Overview
10.1.2North America Intermediate Bulk Container Market Forecasts and Analysis
10.1.3North America Intermediate Bulk Container Market Forecasts and Analysis - By Material Type
10.1.4North America Intermediate Bulk Container Market Forecasts and Analysis - By Product Type
10.1.5North America Intermediate Bulk Container Market Forecasts and Analysis - By End User
10.1.6North America Intermediate Bulk Container Market Forecasts and Analysis - By Countries
10.1.6.1United States Intermediate Bulk Container Market
10.1.6.1.1United States Intermediate Bulk Container Market by Material Type
10.1.6.1.2United States Intermediate Bulk Container Market by Product Type
10.1.6.1.3United States Intermediate Bulk Container Market by End User
10.1.6.2Canada Intermediate Bulk Container Market
10.1.6.2.1Canada Intermediate Bulk Container Market by Material Type
10.1.6.2.2Canada Intermediate Bulk Container Market by Product Type
10.1.6.2.3Canada Intermediate Bulk Container Market by End User
10.1.6.3Mexico Intermediate Bulk Container Market
10.1.6.3.1Mexico Intermediate Bulk Container Market by Material Type
10.1.6.3.2Mexico Intermediate Bulk Container Market by Product Type
10.1.6.3.3Mexico Intermediate Bulk Container Market by End User
10.2.EUROPE
10.2.1Europe Intermediate Bulk Container Market Overview
10.2.2Europe Intermediate Bulk Container Market Forecasts and Analysis
10.2.3Europe Intermediate Bulk Container Market Forecasts and Analysis - By Material Type
10.2.4Europe Intermediate Bulk Container Market Forecasts and Analysis - By Product Type
10.2.5Europe Intermediate Bulk Container Market Forecasts and Analysis - By End User
10.2.6Europe Intermediate Bulk Container Market Forecasts and Analysis - By Countries
10.2.6.1Germany Intermediate Bulk Container Market
10.2.6.1.1Germany Intermediate Bulk Container Market by Material Type
10.2.6.1.2Germany Intermediate Bulk Container Market by Product Type
10.2.6.1.3Germany Intermediate Bulk Container Market by End User
10.2.6.2France Intermediate Bulk Container Market
10.2.6.2.1France Intermediate Bulk Container Market by Material Type
10.2.6.2.2France Intermediate Bulk Container Market by Product Type
10.2.6.2.3France Intermediate Bulk Container Market by End User
10.2.6.3Italy Intermediate Bulk Container Market
10.2.6.3.1Italy Intermediate Bulk Container Market by Material Type
10.2.6.3.2Italy Intermediate Bulk Container Market by Product Type
10.2.6.3.3Italy Intermediate Bulk Container Market by End User
10.2.6.4United Kingdom Intermediate Bulk Container Market
10.2.6.4.1United Kingdom Intermediate Bulk Container Market by Material Type
10.2.6.4.2United Kingdom Intermediate Bulk Container Market by Product Type
10.2.6.4.3United Kingdom Intermediate Bulk Container Market by End User
10.2.6.5Russia Intermediate Bulk Container Market
10.2.6.5.1Russia Intermediate Bulk Container Market by Material Type
10.2.6.5.2Russia Intermediate Bulk Container Market by Product Type
10.2.6.5.3Russia Intermediate Bulk Container Market by End User
10.2.6.6Rest of Europe Intermediate Bulk Container Market
10.2.6.6.1Rest of Europe Intermediate Bulk Container Market by Material Type
10.2.6.6.2Rest of Europe Intermediate Bulk Container Market by Product Type
10.2.6.6.3Rest of Europe Intermediate Bulk Container Market by End User
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Intermediate Bulk Container Market Overview
10.3.2Asia-Pacific Intermediate Bulk Container Market Forecasts and Analysis
10.3.3Asia-Pacific Intermediate Bulk Container Market Forecasts and Analysis - By Material Type
10.3.4Asia-Pacific Intermediate Bulk Container Market Forecasts and Analysis - By Product Type
10.3.5Asia-Pacific Intermediate Bulk Container Market Forecasts and Analysis - By End User
10.3.6Asia-Pacific Intermediate Bulk Container Market Forecasts and Analysis - By Countries
10.3.6.1Australia Intermediate Bulk Container Market
10.3.6.1.1Australia Intermediate Bulk Container Market by Material Type
10.3.6.1.2Australia Intermediate Bulk Container Market by Product Type
10.3.6.1.3Australia Intermediate Bulk Container Market by End User
10.3.6.2China Intermediate Bulk Container Market
10.3.6.2.1China Intermediate Bulk Container Market by Material Type
10.3.6.2.2China Intermediate Bulk Container Market by Product Type
10.3.6.2.3China Intermediate Bulk Container Market by End User
10.3.6.3India Intermediate Bulk Container Market
10.3.6.3.1India Intermediate Bulk Container Market by Material Type
10.3.6.3.2India Intermediate Bulk Container Market by Product Type
10.3.6.3.3India Intermediate Bulk Container Market by End User
10.3.6.4Japan Intermediate Bulk Container Market
10.3.6.4.1Japan Intermediate Bulk Container Market by Material Type
10.3.6.4.2Japan Intermediate Bulk Container Market by Product Type
10.3.6.4.3Japan Intermediate Bulk Container Market by End User
10.3.6.5South Korea Intermediate Bulk Container Market
10.3.6.5.1South Korea Intermediate Bulk Container Market by Material Type
10.3.6.5.2South Korea Intermediate Bulk Container Market by Product Type
10.3.6.5.3South Korea Intermediate Bulk Container Market by End User
10.3.6.6Rest of Asia-Pacific Intermediate Bulk Container Market
10.3.6.6.1Rest of Asia-Pacific Intermediate Bulk Container Market by Material Type
10.3.6.6.2Rest of Asia-Pacific Intermediate Bulk Container Market by Product Type
10.3.6.6.3Rest of Asia-Pacific Intermediate Bulk Container Market by End User
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Intermediate Bulk Container Market Overview
10.4.2Middle East and Africa Intermediate Bulk Container Market Forecasts and Analysis
10.4.3Middle East and Africa Intermediate Bulk Container Market Forecasts and Analysis - By Material Type
10.4.4Middle East and Africa Intermediate Bulk Container Market Forecasts and Analysis - By Product Type
10.4.5Middle East and Africa Intermediate Bulk Container Market Forecasts and Analysis - By End User
10.4.6Middle East and Africa Intermediate Bulk Container Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Intermediate Bulk Container Market
10.4.6.1.1South Africa Intermediate Bulk Container Market by Material Type
10.4.6.1.2South Africa Intermediate Bulk Container Market by Product Type
10.4.6.1.3South Africa Intermediate Bulk Container Market by End User
10.4.6.2Saudi Arabia Intermediate Bulk Container Market
10.4.6.2.1Saudi Arabia Intermediate Bulk Container Market by Material Type
10.4.6.2.2Saudi Arabia Intermediate Bulk Container Market by Product Type
10.4.6.2.3Saudi Arabia Intermediate Bulk Container Market by End User
10.4.6.3U.A.E Intermediate Bulk Container Market
10.4.6.3.1U.A.E Intermediate Bulk Container Market by Material Type
10.4.6.3.2U.A.E Intermediate Bulk Container Market by Product Type
10.4.6.3.3U.A.E Intermediate Bulk Container Market by End User
10.4.6.4Rest of Middle East and Africa Intermediate Bulk Container Market
10.4.6.4.1Rest of Middle East and Africa Intermediate Bulk Container Market by Material Type
10.4.6.4.2Rest of Middle East and Africa Intermediate Bulk Container Market by Product Type
10.4.6.4.3Rest of Middle East and Africa Intermediate Bulk Container Market by End User
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Intermediate Bulk Container Market Overview
10.5.2South and Central America Intermediate Bulk Container Market Forecasts and Analysis
10.5.3South and Central America Intermediate Bulk Container Market Forecasts and Analysis - By Material Type
10.5.4South and Central America Intermediate Bulk Container Market Forecasts and Analysis - By Product Type
10.5.5South and Central America Intermediate Bulk Container Market Forecasts and Analysis - By End User
10.5.6South and Central America Intermediate Bulk Container Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Intermediate Bulk Container Market
10.5.6.1.1Brazil Intermediate Bulk Container Market by Material Type
10.5.6.1.2Brazil Intermediate Bulk Container Market by Product Type
10.5.6.1.3Brazil Intermediate Bulk Container Market by End User
10.5.6.2Argentina Intermediate Bulk Container Market
10.5.6.2.1Argentina Intermediate Bulk Container Market by Material Type
10.5.6.2.2Argentina Intermediate Bulk Container Market by Product Type
10.5.6.2.3Argentina Intermediate Bulk Container Market by End User
10.5.6.3Rest of South and Central America Intermediate Bulk Container Market
10.5.6.3.1Rest of South and Central America Intermediate Bulk Container Market by Material Type
10.5.6.3.2Rest of South and Central America Intermediate Bulk Container Market by Product Type
10.5.6.3.3Rest of South and Central America Intermediate Bulk Container Market by End User
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.INTERMEDIATE BULK CONTAINER MARKET, KEY COMPANY PROFILES
12.1.BERRY GLOBAL GROUP INC.,BULK LIFT INTERNATIONAL LLC
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.DS SMITH PLC
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.FLEXITUFF VENTURES INTERNATIONAL 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.GLOBAL-PAK LLC
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.GREIF INC.
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.LC PACKAGING INTERNATIONAL BV
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.PLASTIPAK GROUP
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.PLYMOUTH INDUSTRIES LLC
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.SONOCO PRODUCTS CO.
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
13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
1. Berry Global Group Inc.,Bulk Lift International LLC
2. DS Smith Plc
3. FlexiTuff Ventures International Ltd.
4. Global-Pak LLC
5. Greif Inc.
6. LC Packaging International BV
7. Plastipak Group
8. Plymouth Industries LLC
9. Sonoco Products Co.
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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