Textile Yarn Market Scope and Size by 2031
Yarn is a continuous length of long interlocking fibers used in different textile manufacturing processes such as weaving, sewing, embroidery, rope making, knitting, and crocheting. It is made up of a variety of synthetic and natural fibers. Natural fibers have a low elasticity and are highly breathable. Cotton is the most common plant fibre, and synthetic fibers are available in three different types, filament, staple, and tow.
MARKET DYNAMICS
Rapid urbanisation and rising industry demand are two main drivers that are expected to propel the market forward. The demand for high-value materials such as viscose, silk, and hemp is increasing as customer preferences shift toward comfortable clothing materials. However, the global textile yarn market is hampered to some extent by insecurity in the production of yarn from plant and animal sources.
MARKET SCOPE
The "Global Textile Yarn Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the textile yarn market with detailed market segmentation by source, type and application. The global textile yarn market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading textile yarn market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global textile yarn market is segmented into source, type and application. By source, the textile yarn market is classified into animal, plant, and others. By type, the textile yarn market is classified into natural, and artificial. By application, the textile yarn market is classified into apparel, home textiles, industrial, 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 textile yarn market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The textile yarn 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 textile yarn 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 & Central America, after evaluating political, economic, social, and technological factors affecting the textile yarn 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 textile yarn market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The textile yarn 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 textile yarn 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 & Central America, after evaluating political, economic, social, and technological factors affecting the textile yarn market in these regions.
MARKET PLAYERS
The report covers vital developments in the textile yarn 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 textile yarn market are anticipated to witness lucrative growth opportunities in the future with the rising demand for textile yarn in the global market. Below mentioned is the list of few companies engaged in the textile yarn market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the textile yarn market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Parkdale Mills Incorporated
- Hengli Group
- Vardhman Textiles Limited
- Birleik Koyunlulular Mensucat TIC. V.
- Weiqiao Textile Company Limited
- E SAN.
- Low and Bonar Plc.
- Raymond Limited
- Huvis Corporation
- Grasim Industries Limited
- 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 Textile Yarn Market - By Source
1. 3. 2 Textile Yarn Market - By Type
1. 3. 3 Textile Yarn Market - By Application
1. 3. 4 Textile Yarn Market - By Region
1. 3. 4. 1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. TEXTILE YARN MARKET LANDSCAPE
4. 1. OVERVIEW
4. 2. PORTER'S FIVE FORCES ANALYSIS
4. 2. 1 Bargaining Power of Buyers
4. 2. 1 Bargaining Power of Suppliers
4. 2. 1 Threat of Substitute
4. 2. 1 Threat of New Entrants
4. 2. 1 Competitive Rivalry
4. 3. EXPERT OPINIONS
5. TEXTILE YARN 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. TEXTILE YARN MARKET - GLOBAL MARKET ANALYSIS
6. 1. TEXTILE YARN - GLOBAL MARKET OVERVIEW
6. 2. TEXTILE YARN - GLOBAL MARKET AND FORECAST TO 2028
6. 3. MARKET POSITIONING
7. TEXTILE YARN MARKET - REVENUE AND FORECASTS TO 2028 - SOURCE
7. 1. OVERVIEW
7. 2. SOURCE MARKET FORECASTS AND ANALYSIS
7. 3. ANIMAL
7. 3. 1. Overview
7. 3. 2. Animal Market Forecast and Analysis
7. 4. PLANT
7. 4. 1. Overview
7. 4. 2. Plant Market Forecast and Analysis
7. 5. OTHERS
7. 5. 1. Overview
7. 5. 2. Others Market Forecast and Analysis
8. TEXTILE YARN MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
8. 1. OVERVIEW
8. 2. TYPE MARKET FORECASTS AND ANALYSIS
8. 3. NATURAL
8. 3. 1. Overview
8. 3. 2. Natural Market Forecast and Analysis
8. 4. ARTIFICIAL
8. 4. 1. Overview
8. 4. 2. Artificial Market Forecast and Analysis
9. TEXTILE YARN MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9. 1. OVERVIEW
9. 2. APPLICATION MARKET FORECASTS AND ANALYSIS
9. 3. APPAREL
9. 3. 1. Overview
9. 3. 2. Apparel Market Forecast and Analysis
9. 4. HOME TEXTILES
9. 4. 1. Overview
9. 4. 2. Home Textiles Market Forecast and Analysis
9. 5. INDUSTRIAL
9. 5. 1. Overview
9. 5. 2. Industrial Market Forecast and Analysis
9. 6. OTHERS
9. 6. 1. Overview
9. 6. 2. Others Market Forecast and Analysis
10. TEXTILE YARN MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10. 1. NORTH AMERICA
10. 1. 1 North America Textile Yarn Market Overview
10. 1. 2 North America Textile Yarn Market Forecasts and Analysis
10. 1. 3 North America Textile Yarn Market Forecasts and Analysis - By Source
10. 1. 4 North America Textile Yarn Market Forecasts and Analysis - By Type
10. 1. 5 North America Textile Yarn Market Forecasts and Analysis - By Application
10. 1. 6 North America Textile Yarn Market Forecasts and Analysis - By Countries
10. 1. 6. 1 United States Textile Yarn Market
10. 1. 6. 1. 1 United States Textile Yarn Market by Source
10. 1. 6. 1. 2 United States Textile Yarn Market by Type
10. 1. 6. 1. 3 United States Textile Yarn Market by Application
10. 1. 6. 2 Canada Textile Yarn Market
10. 1. 6. 2. 1 Canada Textile Yarn Market by Source
10. 1. 6. 2. 2 Canada Textile Yarn Market by Type
10. 1. 6. 2. 3 Canada Textile Yarn Market by Application
10. 1. 6. 3 Mexico Textile Yarn Market
10. 1. 6. 3. 1 Mexico Textile Yarn Market by Source
10. 1. 6. 3. 2 Mexico Textile Yarn Market by Type
10. 1. 6. 3. 3 Mexico Textile Yarn Market by Application
10. 2. EUROPE
10. 2. 1 Europe Textile Yarn Market Overview
10. 2. 2 Europe Textile Yarn Market Forecasts and Analysis
10. 2. 3 Europe Textile Yarn Market Forecasts and Analysis - By Source
10. 2. 4 Europe Textile Yarn Market Forecasts and Analysis - By Type
10. 2. 5 Europe Textile Yarn Market Forecasts and Analysis - By Application
10. 2. 6 Europe Textile Yarn Market Forecasts and Analysis - By Countries
10. 2. 6. 1 Germany Textile Yarn Market
10. 2. 6. 1. 1 Germany Textile Yarn Market by Source
10. 2. 6. 1. 2 Germany Textile Yarn Market by Type
10. 2. 6. 1. 3 Germany Textile Yarn Market by Application
10. 2. 6. 2 France Textile Yarn Market
10. 2. 6. 2. 1 France Textile Yarn Market by Source
10. 2. 6. 2. 2 France Textile Yarn Market by Type
10. 2. 6. 2. 3 France Textile Yarn Market by Application
10. 2. 6. 3 Italy Textile Yarn Market
10. 2. 6. 3. 1 Italy Textile Yarn Market by Source
10. 2. 6. 3. 2 Italy Textile Yarn Market by Type
10. 2. 6. 3. 3 Italy Textile Yarn Market by Application
10. 2. 6. 4 United Kingdom Textile Yarn Market
10. 2. 6. 4. 1 United Kingdom Textile Yarn Market by Source
10. 2. 6. 4. 2 United Kingdom Textile Yarn Market by Type
10. 2. 6. 4. 3 United Kingdom Textile Yarn Market by Application
10. 2. 6. 5 Russia Textile Yarn Market
10. 2. 6. 5. 1 Russia Textile Yarn Market by Source
10. 2. 6. 5. 2 Russia Textile Yarn Market by Type
10. 2. 6. 5. 3 Russia Textile Yarn Market by Application
10. 2. 6. 6 Rest of Europe Textile Yarn Market
10. 2. 6. 6. 1 Rest of Europe Textile Yarn Market by Source
10. 2. 6. 6. 2 Rest of Europe Textile Yarn Market by Type
10. 2. 6. 6. 3 Rest of Europe Textile Yarn Market by Application
10. 3. ASIA-PACIFIC
10. 3. 1 Asia-Pacific Textile Yarn Market Overview
10. 3. 2 Asia-Pacific Textile Yarn Market Forecasts and Analysis
10. 3. 3 Asia-Pacific Textile Yarn Market Forecasts and Analysis - By Source
10. 3. 4 Asia-Pacific Textile Yarn Market Forecasts and Analysis - By Type
10. 3. 5 Asia-Pacific Textile Yarn Market Forecasts and Analysis - By Application
10. 3. 6 Asia-Pacific Textile Yarn Market Forecasts and Analysis - By Countries
10. 3. 6. 1 Australia Textile Yarn Market
10. 3. 6. 1. 1 Australia Textile Yarn Market by Source
10. 3. 6. 1. 2 Australia Textile Yarn Market by Type
10. 3. 6. 1. 3 Australia Textile Yarn Market by Application
10. 3. 6. 2 China Textile Yarn Market
10. 3. 6. 2. 1 China Textile Yarn Market by Source
10. 3. 6. 2. 2 China Textile Yarn Market by Type
10. 3. 6. 2. 3 China Textile Yarn Market by Application
10. 3. 6. 3 India Textile Yarn Market
10. 3. 6. 3. 1 India Textile Yarn Market by Source
10. 3. 6. 3. 2 India Textile Yarn Market by Type
10. 3. 6. 3. 3 India Textile Yarn Market by Application
10. 3. 6. 4 Japan Textile Yarn Market
10. 3. 6. 4. 1 Japan Textile Yarn Market by Source
10. 3. 6. 4. 2 Japan Textile Yarn Market by Type
10. 3. 6. 4. 3 Japan Textile Yarn Market by Application
10. 3. 6. 5 South Korea Textile Yarn Market
10. 3. 6. 5. 1 South Korea Textile Yarn Market by Source
10. 3. 6. 5. 2 South Korea Textile Yarn Market by Type
10. 3. 6. 5. 3 South Korea Textile Yarn Market by Application
10. 3. 6. 6 Rest of Asia-Pacific Textile Yarn Market
10. 3. 6. 6. 1 Rest of Asia-Pacific Textile Yarn Market by Source
10. 3. 6. 6. 2 Rest of Asia-Pacific Textile Yarn Market by Type
10. 3. 6. 6. 3 Rest of Asia-Pacific Textile Yarn Market by Application
10. 4. MIDDLE EAST AND AFRICA
10. 4. 1 Middle East and Africa Textile Yarn Market Overview
10. 4. 2 Middle East and Africa Textile Yarn Market Forecasts and Analysis
10. 4. 3 Middle East and Africa Textile Yarn Market Forecasts and Analysis - By Source
10. 4. 4 Middle East and Africa Textile Yarn Market Forecasts and Analysis - By Type
10. 4. 5 Middle East and Africa Textile Yarn Market Forecasts and Analysis - By Application
10. 4. 6 Middle East and Africa Textile Yarn Market Forecasts and Analysis - By Countries
10. 4. 6. 1 South Africa Textile Yarn Market
10. 4. 6. 1. 1 South Africa Textile Yarn Market by Source
10. 4. 6. 1. 2 South Africa Textile Yarn Market by Type
10. 4. 6. 1. 3 South Africa Textile Yarn Market by Application
10. 4. 6. 2 Saudi Arabia Textile Yarn Market
10. 4. 6. 2. 1 Saudi Arabia Textile Yarn Market by Source
10. 4. 6. 2. 2 Saudi Arabia Textile Yarn Market by Type
10. 4. 6. 2. 3 Saudi Arabia Textile Yarn Market by Application
10. 4. 6. 3 U. A. E Textile Yarn Market
10. 4. 6. 3. 1 U. A. E Textile Yarn Market by Source
10. 4. 6. 3. 2 U. A. E Textile Yarn Market by Type
10. 4. 6. 3. 3 U. A. E Textile Yarn Market by Application
10. 4. 6. 4 Rest of Middle East and Africa Textile Yarn Market
10. 4. 6. 4. 1 Rest of Middle East and Africa Textile Yarn Market by Source
10. 4. 6. 4. 2 Rest of Middle East and Africa Textile Yarn Market by Type
10. 4. 6. 4. 3 Rest of Middle East and Africa Textile Yarn Market by Application
10. 5. SOUTH AND CENTRAL AMERICA
10. 5. 1 South and Central America Textile Yarn Market Overview
10. 5. 2 South and Central America Textile Yarn Market Forecasts and Analysis
10. 5. 3 South and Central America Textile Yarn Market Forecasts and Analysis - By Source
10. 5. 4 South and Central America Textile Yarn Market Forecasts and Analysis - By Type
10. 5. 5 South and Central America Textile Yarn Market Forecasts and Analysis - By Application
10. 5. 6 South and Central America Textile Yarn Market Forecasts and Analysis - By Countries
10. 5. 6. 1 Brazil Textile Yarn Market
10. 5. 6. 1. 1 Brazil Textile Yarn Market by Source
10. 5. 6. 1. 2 Brazil Textile Yarn Market by Type
10. 5. 6. 1. 3 Brazil Textile Yarn Market by Application
10. 5. 6. 2 Argentina Textile Yarn Market
10. 5. 6. 2. 1 Argentina Textile Yarn Market by Source
10. 5. 6. 2. 2 Argentina Textile Yarn Market by Type
10. 5. 6. 2. 3 Argentina Textile Yarn Market by Application
10. 5. 6. 3 Rest of South and Central America Textile Yarn Market
10. 5. 6. 3. 1 Rest of South and Central America Textile Yarn Market by Source
10. 5. 6. 3. 2 Rest of South and Central America Textile Yarn Market by Type
10. 5. 6. 3. 3 Rest of South and Central America Textile Yarn Market by Application
11. INDUSTRY LANDSCAPE
11. 1. MERGERS AND ACQUISITIONS
11. 2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11. 3. NEW PRODUCT LAUNCHES
11. 4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. TEXTILE YARN MARKET, KEY COMPANY PROFILES
12. 1. PARKDALE MILLS INCORPORATED
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. HENGLI GROUP
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. VARDHMAN TEXTILES LIMITED
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. BIRLEIK KOYUNLULULAR MENSUCAT TIC. V.
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. WEIQIAO TEXTILE COMPANY LIMITED
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. E SAN.
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. LOW AND BONAR PLC.
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. RAYMOND LIMITED
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. HUVIS CORPORATION
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. GRASIM INDUSTRIES LIMITED
12. 10. 1. Key Facts
12. 10. 2. Business Description
12. 10. 3. Products and Services
12. 10. 4. Financial Overview
12. 10. 5. SWOT Analysis
12. 10. 6. Key Developments
13. APPENDIX
13. 1. ABOUT THE INSIGHT PARTNERS
13. 2. GLOSSARY OF TERMS
The List Of Companies
- Parkdale Mills Incorporated
- Hengli Group
- Vardhman Textiles Limited
- Birleik Koyunlulular Mensucat TIC. V.
- Weiqiao Textile Company Limited
- E SAN.
- Low and Bonar Plc.
- Raymond Limited
- Huvis Corporation
- Grasim Industries Limited
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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