Warehousing and Distribution Logistics Market Dynamics 2021-2031
Efficient warehousing and distribution management is vital to commercial success in today's highly competitive landscape. Technological intervention and innovations in the warehousing and distribution logistics are proving crucial to the modern logistic infrastructure. Government and private players across the globe are seen to invest in a robust transportation and trade infrastructure. Real-time location access and other such features offer a positive outlook for the industry during the forecast period.
MARKET SCOPE
The "Global Warehousing and distribution logistics Market Analysis to 2031" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the warehousing and distribution logistics market with detailed market segmentation by component, industry vertical, and geography. The report provides key statistics on the market status of the leading warehousing and distribution logistics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on component, the global Warehousing and distribution logistics market market is segmented into solution, and service.
- On the basis of industry vertical, the market is segmented into automotive, aerospace, retail, healthcare, food and beverages, and others.
MARKET DYNAMICS
Drivers
- Demand for express delivery is expected to fuel the market growth in future.
- Technological disruptions in the industry and improving transportation infrastructure.
Restraints
- High land costs may hamper the growth of the warehousing and distribution logistics market during the forecast period.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global 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), the Middle East and Africa (MEA), and South America. The warehousing and distribution logistics 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 market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 warehousing and distribution logistics market in these regions.
IMPACT OF COVID-19 ON WAREHOUSING AND DISTRIBUTION LOGISTICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global 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), the Middle East and Africa (MEA), and South America. The warehousing and distribution logistics 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 market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 warehousing and distribution logistics market in these regions.
IMPACT OF COVID-19 ON WAREHOUSING AND DISTRIBUTION LOGISTICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the warehousing and distribution logistics market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Warehousing and distribution logistics market market are anticipated to lucrative growth opportunities in the future with the rising demand for warehousing and distribution logistics market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the warehousing and distribution logistics 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.
- Agility
- Aramex PJSC
- CEVA Logistics
- Deutsche Post AG
- Gulf Agency Company Ltd. (GAC)
- Integrated National Logistics
- Kuehne und Nagel International AG
- Linfox Pty Ltd
- Schenker AG (Deutsche Bahn)
- Yusen Logistics Co., Ltd.
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 Warehousing And Distribution Logistics Market - By Component
1.3.2 Warehousing And Distribution Logistics Market - By Industry Vertical
1.3.3 Warehousing And Distribution Logistics Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. WAREHOUSING AND DISTRIBUTION LOGISTICS 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. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. WAREHOUSING AND DISTRIBUTION LOGISTICS 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. WAREHOUSING AND DISTRIBUTION LOGISTICS MARKET - GLOBAL MARKET ANALYSIS
6.1. WAREHOUSING AND DISTRIBUTION LOGISTICS - GLOBAL MARKET OVERVIEW
6.2. WAREHOUSING AND DISTRIBUTION LOGISTICS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. WAREHOUSING AND DISTRIBUTION LOGISTICS MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOLUTION
7.3.1. Overview
7.3.2. Solution Market Forecast and Analysis
7.4. SERVICE
7.4.1. Overview
7.4.2. Service Market Forecast and Analysis
8. WAREHOUSING AND DISTRIBUTION LOGISTICS MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY VERTICAL
8.1. OVERVIEW
8.2. INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOTIVE
8.3.1. Overview
8.3.2. Automotive Market Forecast and Analysis
8.4. AEROSPACE
8.4.1. Overview
8.4.2. Aerospace Market Forecast and Analysis
8.5. RETAIL
8.5.1. Overview
8.5.2. Retail Market Forecast and Analysis
8.6. HEALTHCARE
8.6.1. Overview
8.6.2. Healthcare Market Forecast and Analysis
8.7. FOOD AND BEVERAGES
8.7.1. Overview
8.7.2. Food and Beverages Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. WAREHOUSING AND DISTRIBUTION LOGISTICS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Warehousing And Distribution Logistics Market Overview
9.1.2 North America Warehousing And Distribution Logistics Market Forecasts and Analysis
9.1.3 North America Warehousing And Distribution Logistics Market Forecasts and Analysis - By Component
9.1.4 North America Warehousing And Distribution Logistics Market Forecasts and Analysis - By Industry Vertical
9.1.5 North America Warehousing And Distribution Logistics Market Forecasts and Analysis - By Countries
9.1.5.1 United States Warehousing And Distribution Logistics Market
9.1.5.1.1 United States Warehousing And Distribution Logistics Market by Component
9.1.5.1.2 United States Warehousing And Distribution Logistics Market by Industry Vertical
9.1.5.2 Canada Warehousing And Distribution Logistics Market
9.1.5.2.1 Canada Warehousing And Distribution Logistics Market by Component
9.1.5.2.2 Canada Warehousing And Distribution Logistics Market by Industry Vertical
9.1.5.3 Mexico Warehousing And Distribution Logistics Market
9.1.5.3.1 Mexico Warehousing And Distribution Logistics Market by Component
9.1.5.3.2 Mexico Warehousing And Distribution Logistics Market by Industry Vertical
9.2. EUROPE
9.2.1 Europe Warehousing And Distribution Logistics Market Overview
9.2.2 Europe Warehousing And Distribution Logistics Market Forecasts and Analysis
9.2.3 Europe Warehousing And Distribution Logistics Market Forecasts and Analysis - By Component
9.2.4 Europe Warehousing And Distribution Logistics Market Forecasts and Analysis - By Industry Vertical
9.2.5 Europe Warehousing And Distribution Logistics Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Warehousing And Distribution Logistics Market
9.2.5.1.1 Germany Warehousing And Distribution Logistics Market by Component
9.2.5.1.2 Germany Warehousing And Distribution Logistics Market by Industry Vertical
9.2.5.2 France Warehousing And Distribution Logistics Market
9.2.5.2.1 France Warehousing And Distribution Logistics Market by Component
9.2.5.2.2 France Warehousing And Distribution Logistics Market by Industry Vertical
9.2.5.3 Italy Warehousing And Distribution Logistics Market
9.2.5.3.1 Italy Warehousing And Distribution Logistics Market by Component
9.2.5.3.2 Italy Warehousing And Distribution Logistics Market by Industry Vertical
9.2.5.4 United Kingdom Warehousing And Distribution Logistics Market
9.2.5.4.1 United Kingdom Warehousing And Distribution Logistics Market by Component
9.2.5.4.2 United Kingdom Warehousing And Distribution Logistics Market by Industry Vertical
9.2.5.5 Russia Warehousing And Distribution Logistics Market
9.2.5.5.1 Russia Warehousing And Distribution Logistics Market by Component
9.2.5.5.2 Russia Warehousing And Distribution Logistics Market by Industry Vertical
9.2.5.6 Rest of Europe Warehousing And Distribution Logistics Market
9.2.5.6.1 Rest of Europe Warehousing And Distribution Logistics Market by Component
9.2.5.6.2 Rest of Europe Warehousing And Distribution Logistics Market by Industry Vertical
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Warehousing And Distribution Logistics Market Overview
9.3.2 Asia-Pacific Warehousing And Distribution Logistics Market Forecasts and Analysis
9.3.3 Asia-Pacific Warehousing And Distribution Logistics Market Forecasts and Analysis - By Component
9.3.4 Asia-Pacific Warehousing And Distribution Logistics Market Forecasts and Analysis - By Industry Vertical
9.3.5 Asia-Pacific Warehousing And Distribution Logistics Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Warehousing And Distribution Logistics Market
9.3.5.1.1 Australia Warehousing And Distribution Logistics Market by Component
9.3.5.1.2 Australia Warehousing And Distribution Logistics Market by Industry Vertical
9.3.5.2 China Warehousing And Distribution Logistics Market
9.3.5.2.1 China Warehousing And Distribution Logistics Market by Component
9.3.5.2.2 China Warehousing And Distribution Logistics Market by Industry Vertical
9.3.5.3 India Warehousing And Distribution Logistics Market
9.3.5.3.1 India Warehousing And Distribution Logistics Market by Component
9.3.5.3.2 India Warehousing And Distribution Logistics Market by Industry Vertical
9.3.5.4 Japan Warehousing And Distribution Logistics Market
9.3.5.4.1 Japan Warehousing And Distribution Logistics Market by Component
9.3.5.4.2 Japan Warehousing And Distribution Logistics Market by Industry Vertical
9.3.5.5 South Korea Warehousing And Distribution Logistics Market
9.3.5.5.1 South Korea Warehousing And Distribution Logistics Market by Component
9.3.5.5.2 South Korea Warehousing And Distribution Logistics Market by Industry Vertical
9.3.5.6 Rest of Asia-Pacific Warehousing And Distribution Logistics Market
9.3.5.6.1 Rest of Asia-Pacific Warehousing And Distribution Logistics Market by Component
9.3.5.6.2 Rest of Asia-Pacific Warehousing And Distribution Logistics Market by Industry Vertical
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Warehousing And Distribution Logistics Market Overview
9.4.2 Middle East and Africa Warehousing And Distribution Logistics Market Forecasts and Analysis
9.4.3 Middle East and Africa Warehousing And Distribution Logistics Market Forecasts and Analysis - By Component
9.4.4 Middle East and Africa Warehousing And Distribution Logistics Market Forecasts and Analysis - By Industry Vertical
9.4.5 Middle East and Africa Warehousing And Distribution Logistics Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Warehousing And Distribution Logistics Market
9.4.5.1.1 South Africa Warehousing And Distribution Logistics Market by Component
9.4.5.1.2 South Africa Warehousing And Distribution Logistics Market by Industry Vertical
9.4.5.2 Saudi Arabia Warehousing And Distribution Logistics Market
9.4.5.2.1 Saudi Arabia Warehousing And Distribution Logistics Market by Component
9.4.5.2.2 Saudi Arabia Warehousing And Distribution Logistics Market by Industry Vertical
9.4.5.3 U.A.E Warehousing And Distribution Logistics Market
9.4.5.3.1 U.A.E Warehousing And Distribution Logistics Market by Component
9.4.5.3.2 U.A.E Warehousing And Distribution Logistics Market by Industry Vertical
9.4.5.4 Rest of Middle East and Africa Warehousing And Distribution Logistics Market
9.4.5.4.1 Rest of Middle East and Africa Warehousing And Distribution Logistics Market by Component
9.4.5.4.2 Rest of Middle East and Africa Warehousing And Distribution Logistics Market by Industry Vertical
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Warehousing And Distribution Logistics Market Overview
9.5.2 South and Central America Warehousing And Distribution Logistics Market Forecasts and Analysis
9.5.3 South and Central America Warehousing And Distribution Logistics Market Forecasts and Analysis - By Component
9.5.4 South and Central America Warehousing And Distribution Logistics Market Forecasts and Analysis - By Industry Vertical
9.5.5 South and Central America Warehousing And Distribution Logistics Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Warehousing And Distribution Logistics Market
9.5.5.1.1 Brazil Warehousing And Distribution Logistics Market by Component
9.5.5.1.2 Brazil Warehousing And Distribution Logistics Market by Industry Vertical
9.5.5.2 Argentina Warehousing And Distribution Logistics Market
9.5.5.2.1 Argentina Warehousing And Distribution Logistics Market by Component
9.5.5.2.2 Argentina Warehousing And Distribution Logistics Market by Industry Vertical
9.5.5.3 Rest of South and Central America Warehousing And Distribution Logistics Market
9.5.5.3.1 Rest of South and Central America Warehousing And Distribution Logistics Market by Component
9.5.5.3.2 Rest of South and Central America Warehousing And Distribution Logistics Market by Industry Vertical
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. WAREHOUSING AND DISTRIBUTION LOGISTICS MARKET, KEY COMPANY PROFILES
11.1. AGILITY
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ARAMEX
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CEVA LOGISTICS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DEUTSCHE POST AG
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. 4PL GROUP
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. GULF AGENCY COMPANY LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. INTEGRATED NATIONAL LOGISTICS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. KUEHNE + NAGEL INTERNATIONAL AG
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. LINFOX PTY LTD
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. YUSEN LOGISTICS CO., LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Agility
2. Aramex
3. CEVA Logistics
4. Deutsche Post AG
5. 4PL Group
6. Gulf Agency Company Ltd.
7. Integrated National Logistics
8. Kuehne + Nagel International AG
9. Linfox Pty Ltd
10. Yusen Logistics Co., Ltd.
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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