Sleeping Bags Market Developments by 2031
Sleeping bags are warm lined padded bags or quilts to sleep in. These are usually lightweight quilt having a zipper, and are usually used for camping and trekking expeditions. Essentially, sleeping bags keep the user warm during night at camps and higher altitude places. Manufacturer are providing sleeping bags that are weather-resistant, protecting the user from wind, chill, rain, snow and light precipitation. These are available in different design types and insulation material suited for specific customer requirements.
MARKET DYNAMICS
The strengthened purchasing power and consumer awareness across the world are the key factors driving the growth of global sleeping bags market. The increasing number of camping sites, trekking and hiking expeditions and high-altitude adventure activities is further escalating the demand for sleeping bags. The rising focus on tourism and travel industry by governments and organizations in various regions has led to a prominent development in the sleeping bags market. In addition, major players in the global market are offering additional features, like ultra-light weight and higher thermal insulation, which is bolstering the growth of the market. However, the availability of substitute products, such as camping tents and recreational vehicles, is restricting the growth of the global sleeping bags market.
MARKET SCOPE
The "Global Sleeping Bags Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the sleeping bags market with detailed market segmentation by Design Type, Insulation Material, and Distribution Channel. The global sleeping bags market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sleeping bags market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global sleeping bags market is segmented into Design Type, Insulation Material, and Distribution Channel. By design type, the sleeping bags market is classified into Rectangular Sleeping Bag, Mummy Sleeping Bag, Others. By Insulation material, the market is segmented into Down Fill, Synthetic fill. By distribution channel, the sleeping bags market is classified into Supermarkets and Hypermarkets, Specialty Stores, Online Retail, 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 sleeping bags market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The sleeping bags 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 sleeping bags market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 sleeping bags 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 sleeping bags market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The sleeping bags 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 sleeping bags market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 sleeping bags market in these regions.
MARKET PLAYERS
The report covers vital developments in the sleeping bags 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 partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the sleeping bags market are anticipated to lucrative growth opportunities in the future with the rising demand for sleeping bags in the global market. below mentioned is the list of few companies engaged in the sleeping bags market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sleeping bags market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- NEMO Equipment, Inc
- THE NORTH FACE
- Western Mountaineering
- TETON Sports
- Sierra Designs
- Marmot Mountain, LLC
- Recreational Equipment, Inc.
- The Coleman Company, Inc.
- Kelty
- Kefi Outdoors
- 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 Sleeping Bags Market - By Design Type
1.3.2 Sleeping Bags Market - By Insulation Material
1.3.3 Sleeping Bags Market - By Distribution Channel
1.3.4 Sleeping Bags Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SLEEPING BAGS 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. SLEEPING BAGS 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. SLEEPING BAGS MARKET - GLOBAL MARKET ANALYSIS
6.1. SLEEPING BAGS - GLOBAL MARKET OVERVIEW
6.2. SLEEPING BAGS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. SLEEPING BAGS MARKET - REVENUE AND FORECASTS TO 2028 - DESIGN TYPE
7.1. OVERVIEW
7.2. DESIGN TYPE MARKET FORECASTS AND ANALYSIS
7.3. RECTANGULAR SLEEPING BAG
7.3.1. Overview
7.3.2. Rectangular Sleeping Bag Market Forecast and Analysis
7.4. MUMMY SLEEPING BAG
7.4.1. Overview
7.4.2. Mummy Sleeping Bag Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. SLEEPING BAGS MARKET - REVENUE AND FORECASTS TO 2028 - INSULATION MATERIAL
8.1. OVERVIEW
8.2. INSULATION MATERIAL MARKET FORECASTS AND ANALYSIS
8.3. DOWN FILL
8.3.1. Overview
8.3.2. Down Fill Market Forecast and Analysis
8.4. SYNTHETIC FILL
8.4.1. Overview
8.4.2. Synthetic Fill Market Forecast and Analysis
9. SLEEPING BAGS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
9.1. OVERVIEW
9.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
9.3. SUPERMARKETS AND HYPERMARKETS
9.3.1. Overview
9.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
9.4. SPECIALTY STORES
9.4.1. Overview
9.4.2. Specialty Stores Market Forecast and Analysis
9.5. ONLINE RETAIL
9.5.1. Overview
9.5.2. Online Retail Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis
10. SLEEPING BAGS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Sleeping Bags Market Overview
10.1.2 North America Sleeping Bags Market Forecasts and Analysis
10.1.3 North America Sleeping Bags Market Forecasts and Analysis - By Design Type
10.1.4 North America Sleeping Bags Market Forecasts and Analysis - By Insulation Material
10.1.5 North America Sleeping Bags Market Forecasts and Analysis - By Distribution Channel
10.1.6 North America Sleeping Bags Market Forecasts and Analysis - By Countries
10.1.6.1 Canada Sleeping Bags Market
10.1.6.1.1 Canada Sleeping Bags Market by Design Type
10.1.6.1.2 Canada Sleeping Bags Market by Insulation Material
10.1.6.1.3 Canada Sleeping Bags Market by Distribution Channel
10.1.6.2 Mexico Sleeping Bags Market
10.1.6.2.1 Mexico Sleeping Bags Market by Design Type
10.1.6.2.2 Mexico Sleeping Bags Market by Insulation Material
10.1.6.2.3 Mexico Sleeping Bags Market by Distribution Channel
10.1.6.3 US Sleeping Bags Market
10.1.6.3.1 US Sleeping Bags Market by Design Type
10.1.6.3.2 US Sleeping Bags Market by Insulation Material
10.1.6.3.3 US Sleeping Bags Market by Distribution Channel
10.2. EUROPE
10.2.1 Europe Sleeping Bags Market Overview
10.2.2 Europe Sleeping Bags Market Forecasts and Analysis
10.2.3 Europe Sleeping Bags Market Forecasts and Analysis - By Design Type
10.2.4 Europe Sleeping Bags Market Forecasts and Analysis - By Insulation Material
10.2.5 Europe Sleeping Bags Market Forecasts and Analysis - By Distribution Channel
10.2.6 Europe Sleeping Bags Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Sleeping Bags Market
10.2.6.1.1 Germany Sleeping Bags Market by Design Type
10.2.6.1.2 Germany Sleeping Bags Market by Insulation Material
10.2.6.1.3 Germany Sleeping Bags Market by Distribution Channel
10.2.6.2 France Sleeping Bags Market
10.2.6.2.1 France Sleeping Bags Market by Design Type
10.2.6.2.2 France Sleeping Bags Market by Insulation Material
10.2.6.2.3 France Sleeping Bags Market by Distribution Channel
10.2.6.3 Italy Sleeping Bags Market
10.2.6.3.1 Italy Sleeping Bags Market by Design Type
10.2.6.3.2 Italy Sleeping Bags Market by Insulation Material
10.2.6.3.3 Italy Sleeping Bags Market by Distribution Channel
10.2.6.4 United Kingdom Sleeping Bags Market
10.2.6.4.1 United Kingdom Sleeping Bags Market by Design Type
10.2.6.4.2 United Kingdom Sleeping Bags Market by Insulation Material
10.2.6.4.3 United Kingdom Sleeping Bags Market by Distribution Channel
10.2.6.5 Rest of Europe Sleeping Bags Market
10.2.6.5.1 Rest of Europe Sleeping Bags Market by Design Type
10.2.6.5.2 Rest of Europe Sleeping Bags Market by Insulation Material
10.2.6.5.3 Rest of Europe Sleeping Bags Market by Distribution Channel
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Sleeping Bags Market Overview
10.3.2 Asia-Pacific Sleeping Bags Market Forecasts and Analysis
10.3.3 Asia-Pacific Sleeping Bags Market Forecasts and Analysis - By Design Type
10.3.4 Asia-Pacific Sleeping Bags Market Forecasts and Analysis - By Insulation Material
10.3.5 Asia-Pacific Sleeping Bags Market Forecasts and Analysis - By Distribution Channel
10.3.6 Asia-Pacific Sleeping Bags Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Sleeping Bags Market
10.3.6.1.1 Australia Sleeping Bags Market by Design Type
10.3.6.1.2 Australia Sleeping Bags Market by Insulation Material
10.3.6.1.3 Australia Sleeping Bags Market by Distribution Channel
10.3.6.2 China Sleeping Bags Market
10.3.6.2.1 China Sleeping Bags Market by Design Type
10.3.6.2.2 China Sleeping Bags Market by Insulation Material
10.3.6.2.3 China Sleeping Bags Market by Distribution Channel
10.3.6.3 India Sleeping Bags Market
10.3.6.3.1 India Sleeping Bags Market by Design Type
10.3.6.3.2 India Sleeping Bags Market by Insulation Material
10.3.6.3.3 India Sleeping Bags Market by Distribution Channel
10.3.6.4 Japan Sleeping Bags Market
10.3.6.4.1 Japan Sleeping Bags Market by Design Type
10.3.6.4.2 Japan Sleeping Bags Market by Insulation Material
10.3.6.4.3 Japan Sleeping Bags Market by Distribution Channel
10.3.6.5 South Korea Sleeping Bags Market
10.3.6.5.1 South Korea Sleeping Bags Market by Design Type
10.3.6.5.2 South Korea Sleeping Bags Market by Insulation Material
10.3.6.5.3 South Korea Sleeping Bags Market by Distribution Channel
10.3.6.6 Rest of Asia-Pacific Sleeping Bags Market
10.3.6.6.1 Rest of Asia-Pacific Sleeping Bags Market by Design Type
10.3.6.6.2 Rest of Asia-Pacific Sleeping Bags Market by Insulation Material
10.3.6.6.3 Rest of Asia-Pacific Sleeping Bags Market by Distribution Channel
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Sleeping Bags Market Overview
10.4.2 Middle East and Africa Sleeping Bags Market Forecasts and Analysis
10.4.3 Middle East and Africa Sleeping Bags Market Forecasts and Analysis - By Design Type
10.4.4 Middle East and Africa Sleeping Bags Market Forecasts and Analysis - By Insulation Material
10.4.5 Middle East and Africa Sleeping Bags Market Forecasts and Analysis - By Distribution Channel
10.4.6 Middle East and Africa Sleeping Bags Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Sleeping Bags Market
10.4.6.1.1 South Africa Sleeping Bags Market by Design Type
10.4.6.1.2 South Africa Sleeping Bags Market by Insulation Material
10.4.6.1.3 South Africa Sleeping Bags Market by Distribution Channel
10.4.6.2 Saudi Arabia Sleeping Bags Market
10.4.6.2.1 Saudi Arabia Sleeping Bags Market by Design Type
10.4.6.2.2 Saudi Arabia Sleeping Bags Market by Insulation Material
10.4.6.2.3 Saudi Arabia Sleeping Bags Market by Distribution Channel
10.4.6.3 U.A.E Sleeping Bags Market
10.4.6.3.1 U.A.E Sleeping Bags Market by Design Type
10.4.6.3.2 U.A.E Sleeping Bags Market by Insulation Material
10.4.6.3.3 U.A.E Sleeping Bags Market by Distribution Channel
10.4.6.4 Rest of Middle East and Africa Sleeping Bags Market
10.4.6.4.1 Rest of Middle East and Africa Sleeping Bags Market by Design Type
10.4.6.4.2 Rest of Middle East and Africa Sleeping Bags Market by Insulation Material
10.4.6.4.3 Rest of Middle East and Africa Sleeping Bags Market by Distribution Channel
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Sleeping Bags Market Overview
10.5.2 South and Central America Sleeping Bags Market Forecasts and Analysis
10.5.3 South and Central America Sleeping Bags Market Forecasts and Analysis - By Design Type
10.5.4 South and Central America Sleeping Bags Market Forecasts and Analysis - By Insulation Material
10.5.5 South and Central America Sleeping Bags Market Forecasts and Analysis - By Distribution Channel
10.5.6 South and Central America Sleeping Bags Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Sleeping Bags Market
10.5.6.1.1 Brazil Sleeping Bags Market by Design Type
10.5.6.1.2 Brazil Sleeping Bags Market by Insulation Material
10.5.6.1.3 Brazil Sleeping Bags Market by Distribution Channel
10.5.6.2 Argentina Sleeping Bags Market
10.5.6.2.1 Argentina Sleeping Bags Market by Design Type
10.5.6.2.2 Argentina Sleeping Bags Market by Insulation Material
10.5.6.2.3 Argentina Sleeping Bags Market by Distribution Channel
10.5.6.3 Rest of South and Central America Sleeping Bags Market
10.5.6.3.1 Rest of South and Central America Sleeping Bags Market by Design Type
10.5.6.3.2 Rest of South and Central America Sleeping Bags Market by Insulation Material
10.5.6.3.3 Rest of South and Central America Sleeping Bags Market by Distribution Channel
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. SLEEPING BAGS MARKET, KEY COMPANY PROFILES
12.1. NEMO EQUIPMENT, INC
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. THE NORTH FACE
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. WESTERN MOUNTAINEERING
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. TETON SPORTS
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. SIERRA DESIGNS
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. MARMOT MOUNTAIN, LLC
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. RECREATIONAL EQUIPMENT, INC.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. THE COLEMAN COMPANY, INC.
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. KELTY
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. KEFI OUTDOORS
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. NEMO Equipment, Inc
2. THE NORTH FACE
3. Western Mountaineering
4. TETON Sports
5. Sierra Designs
6. Marmot Mountain, LLC
7. Recreational Equipment, Inc.
8. The Coleman Company, Inc.
9. Kelty
10. Kefi Outdoors
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.