Packaging Foams Market Opportunities 2031
Foams are excellent thermal and sound insulators owing to their properties such as thermal conductivity and low density. Foam is generally produced for the petroleum derivatives. It can be flexible or rigid and produced form the various materials such as polystyrene, polyurethane, polyisocyanurate, polyvinyl chloride, polyethylene, polyethylene-vinyl acetate, polypropylene, nitrile rubber, or other polyolefins. Nearly 75 to 80% of commercial foams are made from polyurethane, polystyrene, and polyvinyl chloride. gas and Solid are mixed to form foam. The foam produced through different ways such as slab-stock by extrusion, pouring, and different forms of molding. The foam used for various purposes, including insulation, cushioning, packaging, mattress, and many other applications.
MARKET DYNAMICS
Polystyrene foam packaging is accountable for a lot of waste generation as it is expansively used in the food & beverage industry to manufacture trays, cups, etc. due to its lightweight. Furthermore, it is not degradable and may break into small pieces, which is very difficult to clean up. Terrestrial, as well as aquatic animals mistakenly consume polystyrene foams, which is potentially fatal for a number of species. As a result, several governments are banning foam packaging materials, which is hampering the market growth. For instance, New York city has an obligatory ban on single-use foam products due to the ecological waste created by it.
MARKET SCOPE
The "Global Packaging Foams Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the packaging foams with detailed market segmentation by structure type, material type, material type and service type. The global packaging foams market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading packaging foams market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global packaging foams market is segmented on the basis of structure type into flexible foam, rigid foam. On the basis of material type the packaging foams market is segmented into PS, PU, PO, and Others. Moreover, on the basis of service type the global packaging foams market is segmented into food service, protective packaging.
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 packaging foams market based on various segments. It also provides market size 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 packaging foams 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 packaging foams 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 packaging foams 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 packaging foams market based on various segments. It also provides market size 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 packaging foams 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 packaging foams 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 packaging foams market in these regions.
MARKET PLAYERS
The reports cover key developments in the packaging foams market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from packaging foams market are anticipated to lucrative growth opportunities in the future with the rising demand for packaging foams in the global market. Below mentioned is the list of few companies engaged in the packaging foams market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the packaging foams 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.
- ACH Foam Technologies
- Arkema
- Armacell LLC
- BASF SE
- Borealis AG
- Foampartner Group
- JSP
- Kaneka Corporation
- Recticel
- Rogers Corporation
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
1.3.1 Packaging Foams Market - By Structure Type
1.3.2 Packaging Foams Market - By Material Type
1.3.3 Packaging Foams Market - By Service Type
1.3.4 Packaging Foams Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PACKAGING FOAMS 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. PACKAGING FOAMS 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. PACKAGING FOAMS MARKET - GLOBAL MARKET ANALYSIS
6.1. PACKAGING FOAMS - GLOBAL MARKET OVERVIEW
6.2. PACKAGING FOAMS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PACKAGING FOAMS MARKET - REVENUE AND FORECASTS TO 2028 - STRUCTURE TYPE
7.1. OVERVIEW
7.2. STRUCTURE TYPE MARKET FORECASTS AND ANALYSIS
7.3. FLEXIBLE FOAM
7.3.1. Overview
7.3.2. Flexible Foam Market Forecast and Analysis
7.4. RIGID FOAM
7.4.1. Overview
7.4.2. Rigid Foam Market Forecast and Analysis
8. PACKAGING FOAMS MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL TYPE
8.1. OVERVIEW
8.2. MATERIAL TYPE MARKET FORECASTS AND ANALYSIS
8.3. PS
8.3.1. Overview
8.3.2. PS Market Forecast and Analysis
8.4. PU
8.4.1. Overview
8.4.2. PU Market Forecast and Analysis
8.5. PO
8.5.1. Overview
8.5.2. PO Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. PACKAGING FOAMS MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE TYPE
9.1. OVERVIEW
9.2. SERVICE TYPE MARKET FORECASTS AND ANALYSIS
9.3. FOOD SERVICE
9.3.1. Overview
9.3.2. Food Service Market Forecast and Analysis
9.4. PROTECTIVE PACKAGING
9.4.1. Overview
9.4.2. Protective Packaging Market Forecast and Analysis
10. PACKAGING FOAMS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Packaging Foams Market Overview
10.1.2 North America Packaging Foams Market Forecasts and Analysis
10.1.3 North America Packaging Foams Market Forecasts and Analysis - By Structure Type
10.1.4 North America Packaging Foams Market Forecasts and Analysis - By Material Type
10.1.5 North America Packaging Foams Market Forecasts and Analysis - By Service Type
10.1.6 North America Packaging Foams Market Forecasts and Analysis - By Countries
10.1.6.1 United States Packaging Foams Market
10.1.6.1.1 United States Packaging Foams Market by Structure Type
10.1.6.1.2 United States Packaging Foams Market by Material Type
10.1.6.1.3 United States Packaging Foams Market by Service Type
10.1.6.2 Canada Packaging Foams Market
10.1.6.2.1 Canada Packaging Foams Market by Structure Type
10.1.6.2.2 Canada Packaging Foams Market by Material Type
10.1.6.2.3 Canada Packaging Foams Market by Service Type
10.1.6.3 Mexico Packaging Foams Market
10.1.6.3.1 Mexico Packaging Foams Market by Structure Type
10.1.6.3.2 Mexico Packaging Foams Market by Material Type
10.1.6.3.3 Mexico Packaging Foams Market by Service Type
10.2. EUROPE
10.2.1 Europe Packaging Foams Market Overview
10.2.2 Europe Packaging Foams Market Forecasts and Analysis
10.2.3 Europe Packaging Foams Market Forecasts and Analysis - By Structure Type
10.2.4 Europe Packaging Foams Market Forecasts and Analysis - By Material Type
10.2.5 Europe Packaging Foams Market Forecasts and Analysis - By Service Type
10.2.6 Europe Packaging Foams Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Packaging Foams Market
10.2.6.1.1 Germany Packaging Foams Market by Structure Type
10.2.6.1.2 Germany Packaging Foams Market by Material Type
10.2.6.1.3 Germany Packaging Foams Market by Service Type
10.2.6.2 France Packaging Foams Market
10.2.6.2.1 France Packaging Foams Market by Structure Type
10.2.6.2.2 France Packaging Foams Market by Material Type
10.2.6.2.3 France Packaging Foams Market by Service Type
10.2.6.3 Italy Packaging Foams Market
10.2.6.3.1 Italy Packaging Foams Market by Structure Type
10.2.6.3.2 Italy Packaging Foams Market by Material Type
10.2.6.3.3 Italy Packaging Foams Market by Service Type
10.2.6.4 Spain Packaging Foams Market
10.2.6.4.1 Spain Packaging Foams Market by Structure Type
10.2.6.4.2 Spain Packaging Foams Market by Material Type
10.2.6.4.3 Spain Packaging Foams Market by Service Type
10.2.6.5 United Kingdom Packaging Foams Market
10.2.6.5.1 United Kingdom Packaging Foams Market by Structure Type
10.2.6.5.2 United Kingdom Packaging Foams Market by Material Type
10.2.6.5.3 United Kingdom Packaging Foams Market by Service Type
10.2.6.6 Russia Packaging Foams Market
10.2.6.6.1 Russia Packaging Foams Market by Structure Type
10.2.6.6.2 Russia Packaging Foams Market by Material Type
10.2.6.6.3 Russia Packaging Foams Market by Service Type
10.2.6.7 Rest of Europe Packaging Foams Market
10.2.6.7.1 Rest of Europe Packaging Foams Market by Structure Type
10.2.6.7.2 Rest of Europe Packaging Foams Market by Material Type
10.2.6.7.3 Rest of Europe Packaging Foams Market by Service Type
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Packaging Foams Market Overview
10.3.2 Asia-Pacific Packaging Foams Market Forecasts and Analysis
10.3.3 Asia-Pacific Packaging Foams Market Forecasts and Analysis - By Structure Type
10.3.4 Asia-Pacific Packaging Foams Market Forecasts and Analysis - By Material Type
10.3.5 Asia-Pacific Packaging Foams Market Forecasts and Analysis - By Service Type
10.3.6 Asia-Pacific Packaging Foams Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Packaging Foams Market
10.3.6.1.1 Australia Packaging Foams Market by Structure Type
10.3.6.1.2 Australia Packaging Foams Market by Material Type
10.3.6.1.3 Australia Packaging Foams Market by Service Type
10.3.6.2 China Packaging Foams Market
10.3.6.2.1 China Packaging Foams Market by Structure Type
10.3.6.2.2 China Packaging Foams Market by Material Type
10.3.6.2.3 China Packaging Foams Market by Service Type
10.3.6.3 India Packaging Foams Market
10.3.6.3.1 India Packaging Foams Market by Structure Type
10.3.6.3.2 India Packaging Foams Market by Material Type
10.3.6.3.3 India Packaging Foams Market by Service Type
10.3.6.4 Japan Packaging Foams Market
10.3.6.4.1 Japan Packaging Foams Market by Structure Type
10.3.6.4.2 Japan Packaging Foams Market by Material Type
10.3.6.4.3 Japan Packaging Foams Market by Service Type
10.3.6.5 South Korea Packaging Foams Market
10.3.6.5.1 South Korea Packaging Foams Market by Structure Type
10.3.6.5.2 South Korea Packaging Foams Market by Material Type
10.3.6.5.3 South Korea Packaging Foams Market by Service Type
10.3.6.6 Indonesia Packaging Foams Market
10.3.6.6.1 Indonesia Packaging Foams Market by Structure Type
10.3.6.6.2 Indonesia Packaging Foams Market by Material Type
10.3.6.6.3 Indonesia Packaging Foams Market by Service Type
10.3.6.7 Rest of Asia-Pacific Packaging Foams Market
10.3.6.7.1 Rest of Asia-Pacific Packaging Foams Market by Structure Type
10.3.6.7.2 Rest of Asia-Pacific Packaging Foams Market by Material Type
10.3.6.7.3 Rest of Asia-Pacific Packaging Foams Market by Service Type
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Packaging Foams Market Overview
10.4.2 Middle East and Africa Packaging Foams Market Forecasts and Analysis
10.4.3 Middle East and Africa Packaging Foams Market Forecasts and Analysis - By Structure Type
10.4.4 Middle East and Africa Packaging Foams Market Forecasts and Analysis - By Material Type
10.4.5 Middle East and Africa Packaging Foams Market Forecasts and Analysis - By Service Type
10.4.6 Middle East and Africa Packaging Foams Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Packaging Foams Market
10.4.6.1.1 South Africa Packaging Foams Market by Structure Type
10.4.6.1.2 South Africa Packaging Foams Market by Material Type
10.4.6.1.3 South Africa Packaging Foams Market by Service Type
10.4.6.2 Saudi Arabia Packaging Foams Market
10.4.6.2.1 Saudi Arabia Packaging Foams Market by Structure Type
10.4.6.2.2 Saudi Arabia Packaging Foams Market by Material Type
10.4.6.2.3 Saudi Arabia Packaging Foams Market by Service Type
10.4.6.3 U.A.E Packaging Foams Market
10.4.6.3.1 U.A.E Packaging Foams Market by Structure Type
10.4.6.3.2 U.A.E Packaging Foams Market by Material Type
10.4.6.3.3 U.A.E Packaging Foams Market by Service Type
10.4.6.4 Iran Packaging Foams Market
10.4.6.4.1 Iran Packaging Foams Market by Structure Type
10.4.6.4.2 Iran Packaging Foams Market by Material Type
10.4.6.4.3 Iran Packaging Foams Market by Service Type
10.4.6.5 Rest of Middle East and Africa Packaging Foams Market
10.4.6.5.1 Rest of Middle East and Africa Packaging Foams Market by Structure Type
10.4.6.5.2 Rest of Middle East and Africa Packaging Foams Market by Material Type
10.4.6.5.3 Rest of Middle East and Africa Packaging Foams Market by Service Type
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Packaging Foams Market Overview
10.5.2 South and Central America Packaging Foams Market Forecasts and Analysis
10.5.3 South and Central America Packaging Foams Market Forecasts and Analysis - By Structure Type
10.5.4 South and Central America Packaging Foams Market Forecasts and Analysis - By Material Type
10.5.5 South and Central America Packaging Foams Market Forecasts and Analysis - By Service Type
10.5.6 South and Central America Packaging Foams Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Packaging Foams Market
10.5.6.1.1 Brazil Packaging Foams Market by Structure Type
10.5.6.1.2 Brazil Packaging Foams Market by Material Type
10.5.6.1.3 Brazil Packaging Foams Market by Service Type
10.5.6.2 Argentina Packaging Foams Market
10.5.6.2.1 Argentina Packaging Foams Market by Structure Type
10.5.6.2.2 Argentina Packaging Foams Market by Material Type
10.5.6.2.3 Argentina Packaging Foams Market by Service Type
10.5.6.3 Rest of South and Central America Packaging Foams Market
10.5.6.3.1 Rest of South and Central America Packaging Foams Market by Structure Type
10.5.6.3.2 Rest of South and Central America Packaging Foams Market by Material Type
10.5.6.3.3 Rest of South and Central America Packaging Foams Market by Service Type
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. PACKAGING FOAMS MARKET, KEY COMPANY PROFILES
12.1. ACH FOAM 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. ARKEMA
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. ARMACELL LLC
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. BASF SE
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. BOREALIS AG
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. FOAMPARTNER GROUP
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. JSP
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. KANEKA 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. RECTICEL
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. ROGERS CORPORATION
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. ACH Foam Technologies
2. Arkema
3. Armacell LLC
4. BASF SE
5. Borealis AG
6. Foampartner Group
7. JSP
8. Kaneka Corporation
9. Recticel
10. Rogers Corporation
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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