Labelling Equipment Market Growth, Trends, and Forecast by 2031

Coverage: Labelling Equipment Market covers analysis by Type (Top and Bottom Labelling, Wrap Labelling, Others); Technology (Automated, Manual); End-user Industry (Healthcare and Pharmaceutical, Food and Beverage, Automotive, Retail and Consumer Goods, Electrical and Electronics, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00013559
  • Category : Manufacturing and Construction
  • No. of Pages : 150
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MARKET INTRODUCTION

Product labels continue to include more critical product information along with dynamic marketing strategies that require changes in periodic changes in product label. As a result, the labeling equipment provide the much needed flexibility, speed and efficiency among other benefits to the manufactures across different industry verticals. Thus, the labeling machine have witnessed major traction across several end-user industries such as pharmaceutical, healthcare, consumer goods, electronics and retail among numerous other industries.

MARKET DYNAMICS

Factors such flexibility in product labeling solution along with improved and efficient solution has greatly contributed in the machine adoption across numerous end-user industries in the past few years and is expected to continue to power the market growth. Additionally, the increase in awareness among the individual seeking product information coupled with rise of smart labels is anticipated to further drive the market growth during the coming years. Thus, the market is poised to provide numerous profitable business opportunities for the market players during the coming years.

MARKET SCOPE

The "Global Labeling Equipment Market Analysis to 2031" is a specialized and in-depth study of the labeling equipment industry with a special focus on the global market trend analysis. The report aims to provide an overview of labeling equipment market with detailed market segmentation by type, technology, end-user industry and geography. The global labellling equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading labellling equipment market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global labellling equipment market is segmented on the basis of type, technology, and end-user industry. Based on type, the labeling equipment market is segmented as top & bottom labeling, wrap labeling, and others. On the basis of technology, the market is segmented as automated and manual. Lastly, by end-user industry, the market is divided into healthcare & pharmaceutical, food & beverage, automotive, retail & consumer goods, electrical & electronics, 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 labeling equipment 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 & Central America. The labeling equipment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of various countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting labellling equipment 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 the labellling equipment market for each region.

World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global labeling equipment 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 & Central America. The labeling equipment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of various countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting labellling equipment 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 the labellling equipment market for each region.

MARKET PLAYERS

The reports cover key developments in the labeling equipment 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 the way for the expansion of business and customer base of market players. The market payers from labeling equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for labeling equipment in the global market. Below mentioned is the list of few companies engaged in the labeling equipment market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key development in the past five years.

  •   Accent Packaging Equipment
  •   Accutek Packaging Equipment Co. Inc.
  •   Busch Machinery, Inc.
  •   HERMA Labeling Machines
  •   Krones AG
  •   Label-Aire, Inc.
  •   Nita Labeling Equipment
  •   P.E.Labellers S.p.A,
  •   Quadrel Labeling Systems
  •   Sidel Group


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
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Labelling Equipment Market - By Type
1.3.2Labelling Equipment Market - By Technology
1.3.3Labelling Equipment Market - By End-user Industry
1.3.4Labelling Equipment Market - By Region
1.3.4.1By Country

2.KEY TAKEAWAYS

3.RESEARCH METHODOLOGY

4.LABELLING EQUIPMENT MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS

5.LABELLING EQUIPMENT 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.LABELLING EQUIPMENT MARKET - GLOBAL MARKET ANALYSIS
6.1.LABELLING EQUIPMENT - GLOBAL MARKET OVERVIEW
6.2.LABELLING EQUIPMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE

7.LABELLING EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.TOP AND BOTTOM LABELLING
7.3.1.Overview
7.3.2.Top and Bottom Labelling Market Forecast and Analysis
7.4.WRAP LABELLING
7.4.1.Overview
7.4.2.Wrap Labelling Market Forecast and Analysis
7.5.OTHERS
7.5.1.Overview
7.5.2.Others Market Forecast and Analysis
8.LABELLING EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1.OVERVIEW
8.2.TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3.AUTOMATED
8.3.1.Overview
8.3.2.Automated Market Forecast and Analysis
8.4.MANUAL
8.4.1.Overview
8.4.2.Manual Market Forecast and Analysis
9.LABELLING EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - END-USER INDUSTRY
9.1.OVERVIEW
9.2.END-USER INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3.HEALTHCARE AND PHARMACEUTICAL
9.3.1.Overview
9.3.2.Healthcare and Pharmaceutical Market Forecast and Analysis
9.4.FOOD AND BEVERAGE
9.4.1.Overview
9.4.2.Food and Beverage Market Forecast and Analysis
9.5.AUTOMOTIVE
9.5.1.Overview
9.5.2.Automotive Market Forecast and Analysis
9.6.RETAIL AND CONSUMER GOODS
9.6.1.Overview
9.6.2.Retail and Consumer Goods Market Forecast and Analysis
9.7.ELECTRICAL AND ELECTRONICS
9.7.1.Overview
9.7.2.Electrical and Electronics Market Forecast and Analysis
9.8.OTHERS
9.8.1.Overview
9.8.2.Others Market Forecast and Analysis

10.LABELLING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Labelling Equipment Market Overview
10.1.2North America Labelling Equipment Market Forecasts and Analysis
10.1.3North America Labelling Equipment Market Forecasts and Analysis - By Type
10.1.4North America Labelling Equipment Market Forecasts and Analysis - By Technology
10.1.5North America Labelling Equipment Market Forecasts and Analysis - By End-user Industry
10.1.6North America Labelling Equipment Market Forecasts and Analysis - By Countries
10.1.6.1United States Labelling Equipment Market
10.1.6.1.1United States Labelling Equipment Market by Type
10.1.6.1.2United States Labelling Equipment Market by Technology
10.1.6.1.3United States Labelling Equipment Market by End-user Industry
10.1.6.2Canada Labelling Equipment Market
10.1.6.2.1Canada Labelling Equipment Market by Type
10.1.6.2.2Canada Labelling Equipment Market by Technology
10.1.6.2.3Canada Labelling Equipment Market by End-user Industry
10.1.6.3Mexico Labelling Equipment Market
10.1.6.3.1Mexico Labelling Equipment Market by Type
10.1.6.3.2Mexico Labelling Equipment Market by Technology
10.1.6.3.3Mexico Labelling Equipment Market by End-user Industry
10.2.EUROPE
10.2.1Europe Labelling Equipment Market Overview
10.2.2Europe Labelling Equipment Market Forecasts and Analysis
10.2.3Europe Labelling Equipment Market Forecasts and Analysis - By Type
10.2.4Europe Labelling Equipment Market Forecasts and Analysis - By Technology
10.2.5Europe Labelling Equipment Market Forecasts and Analysis - By End-user Industry
10.2.6Europe Labelling Equipment Market Forecasts and Analysis - By Countries
10.2.6.1Germany Labelling Equipment Market
10.2.6.1.1Germany Labelling Equipment Market by Type
10.2.6.1.2Germany Labelling Equipment Market by Technology
10.2.6.1.3Germany Labelling Equipment Market by End-user Industry
10.2.6.2France Labelling Equipment Market
10.2.6.2.1France Labelling Equipment Market by Type
10.2.6.2.2France Labelling Equipment Market by Technology
10.2.6.2.3France Labelling Equipment Market by End-user Industry
10.2.6.3Italy Labelling Equipment Market
10.2.6.3.1Italy Labelling Equipment Market by Type
10.2.6.3.2Italy Labelling Equipment Market by Technology
10.2.6.3.3Italy Labelling Equipment Market by End-user Industry
10.2.6.4United Kingdom Labelling Equipment Market
10.2.6.4.1United Kingdom Labelling Equipment Market by Type
10.2.6.4.2United Kingdom Labelling Equipment Market by Technology
10.2.6.4.3United Kingdom Labelling Equipment Market by End-user Industry
10.2.6.5Russia Labelling Equipment Market
10.2.6.5.1Russia Labelling Equipment Market by Type
10.2.6.5.2Russia Labelling Equipment Market by Technology
10.2.6.5.3Russia Labelling Equipment Market by End-user Industry
10.2.6.6Rest of Europe Labelling Equipment Market
10.2.6.6.1Rest of Europe Labelling Equipment Market by Type
10.2.6.6.2Rest of Europe Labelling Equipment Market by Technology
10.2.6.6.3Rest of Europe Labelling Equipment Market by End-user Industry
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Labelling Equipment Market Overview
10.3.2Asia-Pacific Labelling Equipment Market Forecasts and Analysis
10.3.3Asia-Pacific Labelling Equipment Market Forecasts and Analysis - By Type
10.3.4Asia-Pacific Labelling Equipment Market Forecasts and Analysis - By Technology
10.3.5Asia-Pacific Labelling Equipment Market Forecasts and Analysis - By End-user Industry
10.3.6Asia-Pacific Labelling Equipment Market Forecasts and Analysis - By Countries
10.3.6.1Australia Labelling Equipment Market
10.3.6.1.1Australia Labelling Equipment Market by Type
10.3.6.1.2Australia Labelling Equipment Market by Technology
10.3.6.1.3Australia Labelling Equipment Market by End-user Industry
10.3.6.2China Labelling Equipment Market
10.3.6.2.1China Labelling Equipment Market by Type
10.3.6.2.2China Labelling Equipment Market by Technology
10.3.6.2.3China Labelling Equipment Market by End-user Industry
10.3.6.3India Labelling Equipment Market
10.3.6.3.1India Labelling Equipment Market by Type
10.3.6.3.2India Labelling Equipment Market by Technology
10.3.6.3.3India Labelling Equipment Market by End-user Industry
10.3.6.4Japan Labelling Equipment Market
10.3.6.4.1Japan Labelling Equipment Market by Type
10.3.6.4.2Japan Labelling Equipment Market by Technology
10.3.6.4.3Japan Labelling Equipment Market by End-user Industry
10.3.6.5South Korea Labelling Equipment Market
10.3.6.5.1South Korea Labelling Equipment Market by Type
10.3.6.5.2South Korea Labelling Equipment Market by Technology
10.3.6.5.3South Korea Labelling Equipment Market by End-user Industry
10.3.6.6Rest of Asia-Pacific Labelling Equipment Market
10.3.6.6.1Rest of Asia-Pacific Labelling Equipment Market by Type
10.3.6.6.2Rest of Asia-Pacific Labelling Equipment Market by Technology
10.3.6.6.3Rest of Asia-Pacific Labelling Equipment Market by End-user Industry
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Labelling Equipment Market Overview
10.4.2Middle East and Africa Labelling Equipment Market Forecasts and Analysis
10.4.3Middle East and Africa Labelling Equipment Market Forecasts and Analysis - By Type
10.4.4Middle East and Africa Labelling Equipment Market Forecasts and Analysis - By Technology
10.4.5Middle East and Africa Labelling Equipment Market Forecasts and Analysis - By End-user Industry
10.4.6Middle East and Africa Labelling Equipment Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Labelling Equipment Market
10.4.6.1.1South Africa Labelling Equipment Market by Type
10.4.6.1.2South Africa Labelling Equipment Market by Technology
10.4.6.1.3South Africa Labelling Equipment Market by End-user Industry
10.4.6.2Saudi Arabia Labelling Equipment Market
10.4.6.2.1Saudi Arabia Labelling Equipment Market by Type
10.4.6.2.2Saudi Arabia Labelling Equipment Market by Technology
10.4.6.2.3Saudi Arabia Labelling Equipment Market by End-user Industry
10.4.6.3U.A.E Labelling Equipment Market
10.4.6.3.1U.A.E Labelling Equipment Market by Type
10.4.6.3.2U.A.E Labelling Equipment Market by Technology
10.4.6.3.3U.A.E Labelling Equipment Market by End-user Industry
10.4.6.4Rest of Middle East and Africa Labelling Equipment Market
10.4.6.4.1Rest of Middle East and Africa Labelling Equipment Market by Type
10.4.6.4.2Rest of Middle East and Africa Labelling Equipment Market by Technology
10.4.6.4.3Rest of Middle East and Africa Labelling Equipment Market by End-user Industry
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Labelling Equipment Market Overview
10.5.2South and Central America Labelling Equipment Market Forecasts and Analysis
10.5.3South and Central America Labelling Equipment Market Forecasts and Analysis - By Type
10.5.4South and Central America Labelling Equipment Market Forecasts and Analysis - By Technology
10.5.5South and Central America Labelling Equipment Market Forecasts and Analysis - By End-user Industry
10.5.6South and Central America Labelling Equipment Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Labelling Equipment Market
10.5.6.1.1Brazil Labelling Equipment Market by Type
10.5.6.1.2Brazil Labelling Equipment Market by Technology
10.5.6.1.3Brazil Labelling Equipment Market by End-user Industry
10.5.6.2Argentina Labelling Equipment Market
10.5.6.2.1Argentina Labelling Equipment Market by Type
10.5.6.2.2Argentina Labelling Equipment Market by Technology
10.5.6.2.3Argentina Labelling Equipment Market by End-user Industry
10.5.6.3Rest of South and Central America Labelling Equipment Market
10.5.6.3.1Rest of South and Central America Labelling Equipment Market by Type
10.5.6.3.2Rest of South and Central America Labelling Equipment Market by Technology
10.5.6.3.3Rest of South and Central America Labelling Equipment Market by End-user Industry

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.LABELLING EQUIPMENT MARKET, KEY COMPANY PROFILES
12.1.ACCENT PACKAGING EQUIPMENT
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.ACCUTEK PACKAGING EQUIPMENT CO. INC.
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.BUSCH MACHINERY, INC.
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.HERMA LABELING MACHINES
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.KRONES 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.LABEL-AIRE, INC.
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.NITA LABELING EQUIPMENT
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.P.E.LABELLERS S.P.A
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.QUADREL LABELING SYSTEMS
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.SIDEL GROUP
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

1. Accent Packaging Equipment
2. Accutek Packaging Equipment Co. Inc.
3. Busch Machinery, Inc.
4. HERMA Labeling Machines
5. Krones AG
6. Label-Aire, Inc.
7. Nita Labeling Equipment
8. P.E.Labellers S.p.A
9. Quadrel Labeling Systems
10. Sidel Group

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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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