Multi-layer Blown Films Market Scope 2031
The Multi-layer Blown Films Market is expected to register a CAGR of 4% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Material (Polypropylene (PP), Polyethylene (PE), Polyamide, Polyvinylidene Chloride (PVCD), Polystyrene (PS), Nylon, and Others). The report presents analysis based on Process (Blown Film Extrusion, Co-Extrusion Lamination, Cast Film Extrusion, and Co-Extrusion Coating). Based on End-Use the report is segmented into (Electronics, Food and Beverages, Pharmaceuticals, Consumer Goods, and Others).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 Multi-layer Blown Films 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.
Multi-layer Blown Films Market Segmentation
Material- Polypropylene
- Polyethylene
- Polyamide
- Polyvinylidene Chloride
- Polystyrene
- Nylon
- Blown Film Extrusion
- Co-Extrusion Lamination
- Cast Film Extrusion
- Co-Extrusion Coating
Strategic Insights
Multi-layer Blown Films Market Growth Drivers- Demand for Flexible Packaging: The multi-layer blown films market is generally driven by steadily increasing demands for flexible packaging. Improvements of barrier properties and strength of multi-layer blown films are significant over traditional plastics, thus offering better protection of flawless products with regard to moisture, oxygen, and UV light in several applications for those looking for lighter and more versatile packaging options.
- Multi-Layer Films Enhance Product Protection and Versatility in Packaging: Multi-layer films blown have found their place in markets of convenience-led and sustainable nature. Food and beverages, pharmaceuticals, and consumer goods are the markets where such requirements are surfacing. Multi-layer solutions are being demanded with the developments of multi-layered blown films packaging in need of specific requirements, such as longer shelf life or product safety.
- Sustainability Trends Fuel Innovation in Multi-Layer Blown Films Packaging: In addition, the way into the environment-friendly packing also influences the multi-layered blown films market. Manufacturers strive to innovate and engineer film product lines with recyclable and biodegradable materials, which finally benefits not only the consumer's desire for sustainable options but also meets emerging regulatory standards set up to reduce plastic waste.
- Shift Towards Bio-based Materials: Bio-based materials will emerge as another key trend for the growth of the multi-layer blown films market. The increasing demand for sustainability from consumers, together with the rising awareness by the conscious business groups about the health impacts of pollution, is creating a market for bio-based films as an alternative to traditional and conventional, petroleum-based plastics.
- Sustainability and Health Concerns Boost Demand for Bio-Based Packaging Solutions: These offer comparable barrier properties and mechanical strength to their traditional equivalents in materials such as PLA and bio-polyethylene. With so much flexibility, these materials can be tailored to suit applications in everything from food packaging to industrial applications. As companies incorporate such sustainable trends into their operations, the need for bio-based multi-layer blown films will only continue to increase exponentially in the future.
- Regulatory Push for Plastic Waste Reduction Enhances Bio-Based Films Market: Another regulatory push toward a higher level of plastic waste reduction propels the trend forward. Governments of almost all countries are acting toward renewable materials, and this enhances the scenery for bio-based products. Companies invested in bio-based technologies have the advantage of easy conformity with regulations besides catering to green-conscious consumers, as they expand their market competitiveness.
- Industrial Packaging Demand Drives Growth in Multi-Layer Blown Films Market: Industrial packaging requirements are further providing growth opportunities for the multi-layer blown films market. Manufactures, logistics providers, and construction companies are looking for packages that are more challenging and rough so that they can be relied upon in transporting and storing goods without damage or breakage. Multi-layer blown films provide strength and barrier properties better than other forms of films.
- Multi-Layer Blown Films Offer Robust and Efficient Packaging Solutions for Industry: Multi-layer films are the essentials of today since the necessity of preventing bulk products, machinery, and raw materials compels the manufacturers to look for the most effective packaging solution. The filaments can be modified with a view towards meeting specific requirements such as moisture resistance or the ability to deliver puncture protection which are essentially big factors in most industries. For this reason, therefore, they become even more attractive to the manufacturers.
- E-Commerce Growth Boosts Need for Durable, Lightweight Industrial Packaging: With increased e-commerce and global exchanges, packaging solutions need to be efficient in logistics. Multi-layered blown films are lightweight but rugged forms of packaging that help in optimizing the cost of shipping and produce the least amount of waste possible. The efforts of companies toward making their supply chain more effective continue to lead to increased demand for industrial, high-performance packaging.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Multi-layer Blown Films 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 Multi-layer Blown Films 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.
REGIONAL FRAMEWORK
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
Shift Towards Bio-based Materials is expected to be the key market trends.
Based on geography, Asia Pacific held the largest share of the multi-layer blown films market.
Ultimate Flexipack Limited, Optimum Plastics, Girish Polychem Industries are some of the key players operating in the multi-layer blown films market
Based on material, polypropylene is expected to witness the fastest growth during the forecast period
The Multi-layer Blown Films Market is estimated to witness a CAGR of 4% from 2023 to 2031
Demand for Flexible Packaging is driving the market growth
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Multi-layer Blown Films Market - By Material Type
1.3.2 Multi-layer Blown Films Market - By Manufacturing Processes
1.3.3 Multi-layer Blown Films Market - By End-User
1.3.4 Multi-layer Blown Films Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MULTI-LAYER BLOWN FILMS 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. MULTI-LAYER BLOWN FILMS 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. MULTI-LAYER BLOWN FILMS MARKET - GLOBAL MARKET ANALYSIS
6.1. MULTI-LAYER BLOWN FILMS - GLOBAL MARKET OVERVIEW
6.2. MULTI-LAYER BLOWN FILMS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MULTI-LAYER BLOWN FILMS MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL TYPE
7.1. OVERVIEW
7.2. MATERIAL TYPE MARKET FORECASTS AND ANALYSIS
7.3. POLYPROPYLENE (PP)
7.3.1. Overview
7.3.2. Polypropylene (PP) Market Forecast and Analysis
7.4. POLYETHYLENE (PE)
7.4.1. Overview
7.4.2. Polyethylene (PE) Market Forecast and Analysis
7.5. POLYAMIDE
7.5.1. Overview
7.5.2. Polyamide Market Forecast and Analysis
7.6. POLYVINYLIDENE CHLORIDE (PVCD)
7.6.1. Overview
7.6.2. Polyvinylidene Chloride (PVCD) Market Forecast and Analysis
7.7. POLYSTYRENE (PS)
7.7.1. Overview
7.7.2. Polystyrene (PS) Market Forecast and Analysis
7.8. NYLON
7.8.1. Overview
7.8.2. Nylon Market Forecast and Analysis
7.9. OTHERS
7.9.1. Overview
7.9.2. Others Market Forecast and Analysis
8. MULTI-LAYER BLOWN FILMS MARKET - REVENUE AND FORECASTS TO 2028 - MANUFACTURING PROCESSES
8.1. OVERVIEW
8.2. MANUFACTURING PROCESSES MARKET FORECASTS AND ANALYSIS
8.3. BLOWN FILM EXTRUSION
8.3.1. Overview
8.3.2. Blown Film Extrusion Market Forecast and Analysis
8.4. CO-EXTRUSION LAMINATION
8.4.1. Overview
8.4.2. Co-Extrusion Lamination Market Forecast and Analysis
8.5. CAST FILM EXTRUSION
8.5.1. Overview
8.5.2. Cast Film Extrusion Market Forecast and Analysis
8.6. CO-EXTRUSION COATING
8.6.1. Overview
8.6.2. Co-Extrusion Coating Market Forecast and Analysis
9. MULTI-LAYER BLOWN FILMS MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
9.1. OVERVIEW
9.2. END-USER MARKET FORECASTS AND ANALYSIS
9.3. ELECTRONICS
9.3.1. Overview
9.3.2. Electronics Market Forecast and Analysis
9.4. FOOD AND BEVERAGES
9.4.1. Overview
9.4.2. Food and Beverages Market Forecast and Analysis
9.5. PHARMACEUTICALS
9.5.1. Overview
9.5.2. Pharmaceuticals Market Forecast and Analysis
9.6. CONSUMER GOODS
9.6.1. Overview
9.6.2. Consumer Goods Market Forecast and Analysis
9.7. OTHERS
9.7.1. Overview
9.7.2. Others Market Forecast and Analysis
10. MULTI-LAYER BLOWN FILMS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Multi-layer Blown Films Market Overview
10.1.2 North America Multi-layer Blown Films Market Forecasts and Analysis
10.1.3 North America Multi-layer Blown Films Market Forecasts and Analysis - By Material Type
10.1.4 North America Multi-layer Blown Films Market Forecasts and Analysis - By Manufacturing Processes
10.1.5 North America Multi-layer Blown Films Market Forecasts and Analysis - By End-User
10.1.6 North America Multi-layer Blown Films Market Forecasts and Analysis - By Countries
10.1.6.1 United States Multi-layer Blown Films Market
10.1.6.1.1 United States Multi-layer Blown Films Market by Material Type
10.1.6.1.2 United States Multi-layer Blown Films Market by Manufacturing Processes
10.1.6.1.3 United States Multi-layer Blown Films Market by End-User
10.1.6.2 Canada Multi-layer Blown Films Market
10.1.6.2.1 Canada Multi-layer Blown Films Market by Material Type
10.1.6.2.2 Canada Multi-layer Blown Films Market by Manufacturing Processes
10.1.6.2.3 Canada Multi-layer Blown Films Market by End-User
10.1.6.3 Mexico Multi-layer Blown Films Market
10.1.6.3.1 Mexico Multi-layer Blown Films Market by Material Type
10.1.6.3.2 Mexico Multi-layer Blown Films Market by Manufacturing Processes
10.1.6.3.3 Mexico Multi-layer Blown Films Market by End-User
10.2. EUROPE
10.2.1 Europe Multi-layer Blown Films Market Overview
10.2.2 Europe Multi-layer Blown Films Market Forecasts and Analysis
10.2.3 Europe Multi-layer Blown Films Market Forecasts and Analysis - By Material Type
10.2.4 Europe Multi-layer Blown Films Market Forecasts and Analysis - By Manufacturing Processes
10.2.5 Europe Multi-layer Blown Films Market Forecasts and Analysis - By End-User
10.2.6 Europe Multi-layer Blown Films Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Multi-layer Blown Films Market
10.2.6.1.1 Germany Multi-layer Blown Films Market by Material Type
10.2.6.1.2 Germany Multi-layer Blown Films Market by Manufacturing Processes
10.2.6.1.3 Germany Multi-layer Blown Films Market by End-User
10.2.6.2 France Multi-layer Blown Films Market
10.2.6.2.1 France Multi-layer Blown Films Market by Material Type
10.2.6.2.2 France Multi-layer Blown Films Market by Manufacturing Processes
10.2.6.2.3 France Multi-layer Blown Films Market by End-User
10.2.6.3 Italy Multi-layer Blown Films Market
10.2.6.3.1 Italy Multi-layer Blown Films Market by Material Type
10.2.6.3.2 Italy Multi-layer Blown Films Market by Manufacturing Processes
10.2.6.3.3 Italy Multi-layer Blown Films Market by End-User
10.2.6.4 United Kingdom Multi-layer Blown Films Market
10.2.6.4.1 United Kingdom Multi-layer Blown Films Market by Material Type
10.2.6.4.2 United Kingdom Multi-layer Blown Films Market by Manufacturing Processes
10.2.6.4.3 United Kingdom Multi-layer Blown Films Market by End-User
10.2.6.5 Russia Multi-layer Blown Films Market
10.2.6.5.1 Russia Multi-layer Blown Films Market by Material Type
10.2.6.5.2 Russia Multi-layer Blown Films Market by Manufacturing Processes
10.2.6.5.3 Russia Multi-layer Blown Films Market by End-User
10.2.6.6 Rest of Europe Multi-layer Blown Films Market
10.2.6.6.1 Rest of Europe Multi-layer Blown Films Market by Material Type
10.2.6.6.2 Rest of Europe Multi-layer Blown Films Market by Manufacturing Processes
10.2.6.6.3 Rest of Europe Multi-layer Blown Films Market by End-User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Multi-layer Blown Films Market Overview
10.3.2 Asia-Pacific Multi-layer Blown Films Market Forecasts and Analysis
10.3.3 Asia-Pacific Multi-layer Blown Films Market Forecasts and Analysis - By Material Type
10.3.4 Asia-Pacific Multi-layer Blown Films Market Forecasts and Analysis - By Manufacturing Processes
10.3.5 Asia-Pacific Multi-layer Blown Films Market Forecasts and Analysis - By End-User
10.3.6 Asia-Pacific Multi-layer Blown Films Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Multi-layer Blown Films Market
10.3.6.1.1 Australia Multi-layer Blown Films Market by Material Type
10.3.6.1.2 Australia Multi-layer Blown Films Market by Manufacturing Processes
10.3.6.1.3 Australia Multi-layer Blown Films Market by End-User
10.3.6.2 China Multi-layer Blown Films Market
10.3.6.2.1 China Multi-layer Blown Films Market by Material Type
10.3.6.2.2 China Multi-layer Blown Films Market by Manufacturing Processes
10.3.6.2.3 China Multi-layer Blown Films Market by End-User
10.3.6.3 India Multi-layer Blown Films Market
10.3.6.3.1 India Multi-layer Blown Films Market by Material Type
10.3.6.3.2 India Multi-layer Blown Films Market by Manufacturing Processes
10.3.6.3.3 India Multi-layer Blown Films Market by End-User
10.3.6.4 Japan Multi-layer Blown Films Market
10.3.6.4.1 Japan Multi-layer Blown Films Market by Material Type
10.3.6.4.2 Japan Multi-layer Blown Films Market by Manufacturing Processes
10.3.6.4.3 Japan Multi-layer Blown Films Market by End-User
10.3.6.5 South Korea Multi-layer Blown Films Market
10.3.6.5.1 South Korea Multi-layer Blown Films Market by Material Type
10.3.6.5.2 South Korea Multi-layer Blown Films Market by Manufacturing Processes
10.3.6.5.3 South Korea Multi-layer Blown Films Market by End-User
10.3.6.6 Rest of Asia-Pacific Multi-layer Blown Films Market
10.3.6.6.1 Rest of Asia-Pacific Multi-layer Blown Films Market by Material Type
10.3.6.6.2 Rest of Asia-Pacific Multi-layer Blown Films Market by Manufacturing Processes
10.3.6.6.3 Rest of Asia-Pacific Multi-layer Blown Films Market by End-User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Multi-layer Blown Films Market Overview
10.4.2 Middle East and Africa Multi-layer Blown Films Market Forecasts and Analysis
10.4.3 Middle East and Africa Multi-layer Blown Films Market Forecasts and Analysis - By Material Type
10.4.4 Middle East and Africa Multi-layer Blown Films Market Forecasts and Analysis - By Manufacturing Processes
10.4.5 Middle East and Africa Multi-layer Blown Films Market Forecasts and Analysis - By End-User
10.4.6 Middle East and Africa Multi-layer Blown Films Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Multi-layer Blown Films Market
10.4.6.1.1 South Africa Multi-layer Blown Films Market by Material Type
10.4.6.1.2 South Africa Multi-layer Blown Films Market by Manufacturing Processes
10.4.6.1.3 South Africa Multi-layer Blown Films Market by End-User
10.4.6.2 Saudi Arabia Multi-layer Blown Films Market
10.4.6.2.1 Saudi Arabia Multi-layer Blown Films Market by Material Type
10.4.6.2.2 Saudi Arabia Multi-layer Blown Films Market by Manufacturing Processes
10.4.6.2.3 Saudi Arabia Multi-layer Blown Films Market by End-User
10.4.6.3 U.A.E Multi-layer Blown Films Market
10.4.6.3.1 U.A.E Multi-layer Blown Films Market by Material Type
10.4.6.3.2 U.A.E Multi-layer Blown Films Market by Manufacturing Processes
10.4.6.3.3 U.A.E Multi-layer Blown Films Market by End-User
10.4.6.4 Rest of Middle East and Africa Multi-layer Blown Films Market
10.4.6.4.1 Rest of Middle East and Africa Multi-layer Blown Films Market by Material Type
10.4.6.4.2 Rest of Middle East and Africa Multi-layer Blown Films Market by Manufacturing Processes
10.4.6.4.3 Rest of Middle East and Africa Multi-layer Blown Films Market by End-User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Multi-layer Blown Films Market Overview
10.5.2 South and Central America Multi-layer Blown Films Market Forecasts and Analysis
10.5.3 South and Central America Multi-layer Blown Films Market Forecasts and Analysis - By Material Type
10.5.4 South and Central America Multi-layer Blown Films Market Forecasts and Analysis - By Manufacturing Processes
10.5.5 South and Central America Multi-layer Blown Films Market Forecasts and Analysis - By End-User
10.5.6 South and Central America Multi-layer Blown Films Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Multi-layer Blown Films Market
10.5.6.1.1 Brazil Multi-layer Blown Films Market by Material Type
10.5.6.1.2 Brazil Multi-layer Blown Films Market by Manufacturing Processes
10.5.6.1.3 Brazil Multi-layer Blown Films Market by End-User
10.5.6.2 Argentina Multi-layer Blown Films Market
10.5.6.2.1 Argentina Multi-layer Blown Films Market by Material Type
10.5.6.2.2 Argentina Multi-layer Blown Films Market by Manufacturing Processes
10.5.6.2.3 Argentina Multi-layer Blown Films Market by End-User
10.5.6.3 Rest of South and Central America Multi-layer Blown Films Market
10.5.6.3.1 Rest of South and Central America Multi-layer Blown Films Market by Material Type
10.5.6.3.2 Rest of South and Central America Multi-layer Blown Films Market by Manufacturing Processes
10.5.6.3.3 Rest of South and Central America Multi-layer Blown Films 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. MULTI-LAYER BLOWN FILMS MARKET, KEY COMPANY PROFILES
12.1. ULTIMATE FLEXIPACK LIMITED
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. OPTIMUM PLASTICS.
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. GIRISH POLYCHEM INDUSTRIES
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. HOSOKAWA ALPINE AKTIENGESELLSCHAFT
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. ISO POLY FILMS, 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. DANAFILMS CORP.
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. BOREALIS AG
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. SIVA GROUP
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. RAVEN ENGINEERED FILMS DIVISION
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. BALCAN PLASTIC
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. Ultimate Flexipack Limited
2. Optimum Plastics.
3. Girish Polychem Industries
4. HOSOKAWA ALPINE Aktiengesellschaft
5. ISO POLY FILMS, INC.
6. Danafilms Corp.
7. Borealis AG
8. SIVA GROUP
9. Raven Engineered Films Division
10. Balcan Plastic
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.
Get Free Sample For