Polyfilm Market Opportunities, Forecast, Size, Competitive Analysis till 2031

Coverage: Polyfilm Market covers analysis by Resin Type (LDPE, HDPE, BOPP, CPP, PVC, BOPET, BOPA, Others); End-Use Industry (Packaging, Agriculture, Building and Construction, Consumer Goods, Medical, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00004682
  • Category : Chemicals and Materials
  • No. of Pages : 150
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The Polyfilm Market is expected to register a CAGR of 4% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The polyfilm market report is segmented by resin type (LDPE, LLDPE, HDPE, BOPP, and others). The market is segmented based on the end-use industry (packaging, agriculture, building and construction, medical, consumer goods, and others). The global analysis is further broken down at the regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis, segments, regions, and countries. The report covers market trends, as well as market dynamics such as drivers, restraints, and key opportunities. The report also covers industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the market.

Purpose of the Report

The report Polyfilm Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Polyfilm Market Segmentation

Resin Type
  • LDPE
  • LLDPE
  • HDPE
  • BOPP
End-Use Industry
  • Packaging
  • Agriculture
  • Building and Construction
  • Medical
  • Consumer Goods

Strategic Insights

Polyfilm Market Growth Drivers
  • Growth of Flexible Packaging: A movement toward the flexible packaging solutions in the different industries, food and drink most importantly, is one of the key factors supporting the growth of polyfilm market worldwide. Flexible packaging has several benefits including less use of raw materials, reduced costs of transportation, and increased shelf life. There are shifts in consumer behavior towards convenience and environmentally friendly products, which are expected to fuel growth in demand for polylaminate in packaging applications, leading to growth in the market.
  • E-Commerce Boom: The explosive growth of online retailing has created a challenge in developing packaging systems for the transportation of such packages. Polyfilms find many applications in covering and packing due to their lightweight protection. With the increase in online shopping, there will be increased market growth for suitable poly films to ensure the safe delivery of products.
  • Advancements in Polyfilm Technology: Major improvements in the quality and performance of poly films are being witnessed in the production of films owing to new developments in polymeric materials. Techniques such as co-extrusion and nanotechnology are enhancing the properties of barrier, puncture resistance and printability. Such developments increased the competitiveness of polyfilms vis-a-vis conventional packaging materials, which are being seen as a driver for their use in different industries.
Polyfilm Market Future Trends
  • Sustainability Concerns: The packaging segment is presently under the alarm due to the growing concern about sustainability, which has, in turn, increased the demand for eco-friendly polyfilms. Industrialists are looking for ways to produce biodegradable and compostable polyfilms and recyclable polyfilms in response to the demands of the consumers as well as regulations. This circular economy trend of reducing the use of plastic is likely to affect the polyfilm market by encouraging the provision of eco-friendly materials even for tomorrow's packaging.
  • Wide Application Scope: The polyfilm market is witnessing a trend towards specialized applications in sectors such as agriculture, pharmaceuticals, and electronics. For instance, agricultural plastic films have become popular in crop protection, modern technologies increase the productivity of film coverage, while safety and sterility compliance regarding polymer film in pharmaceuticals is a must translation. This is how the current situation operates, and thus, the specialized polyfilms will be more in demand.
  • Digital Printing Revolutions: With the emergence of digital printing technology, most packaging sectors have experienced a shift, including that of polyfilms. There is a shift in the traditional pottery of wrapping as per the sizes and shapes of containers towards printing on the wrapping paper or making the pack with custom designs with the logos of the companies. This trend will also translate into the development of polyfilms that will be suitable for any digital printing purposes - which is in response to modern commercial and advertising needs.
Polyfilm Market Opportunities
  • Emerging Markets in Asia-Pacific, Africa, and Latin America: As stated, developing countries especially in the Asia Pacific and Africa, as well as Latin America, offer huge potential for growth in the polyfilm industry. With the gradual urbanization of these regions, increasing casual expenditure by the people, and changing trends in consumption patterns, there will be a rise in the need for flexible packaging products. This trend generates an expansion opportunity for the market players by setting up buildings for manufacture and supply within these markets.
  • Market-Driven Innovation: Increasingly, opportunities are being increased for the manufacturers to design new polyfilms that are market-driven. Innovations include films that provide excellent barriers, tougher films, and films that are multifunctional in usage. Research and development is a prerequisite for any company that intends to lead the market and invent a competitive product.
  • Growing Industry-Specific Applications: Such initiatives can help discover a new growth potential in these markets. For example, food and beverage, pharmaceuticals, and agriculture are the particular industries the demands of which can be met by polyfilm producers’ products. Relations can help create scenarios for the other applications developed and specific to an industry.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Polyfilm Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Polyfilm Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
World Geography

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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.

Frequently Asked Questions


What is the future trend for polyfilm market?

Sustainability and eco-friendly solutions is expected to be the key market trends.

Based on geography, which region held the largest share of the polyfilm market?

Based on geography, Asia Pacific held the largest share of the polyfilm market due to the strong growth of the packaging industry.

Which is the fastest growing segment based on end-use industry?

Based on end-use industry, the packaging segment is expected to witness the fastest growth during the forecast period.

What are the driving factors impacting the polyfilm market ?

Growing demand for flexible packaging is driving the market growth.

What are the key players operating in the polyfilm market?

Chiripal Poly Films, Cosmo Films Ltd., Formosa Plastics Corporation, Garware Polyester Limited, Max Speciality Films Limited (MSFL), Polyplex Corporation Ltd., SRF Limited, Taghleef Industries SpA, Uflex Limited, and Vacmet India Ltd are the key players operating in the polyfilm market.

What is the expected CAGR of the Polyfilm Market?

The Polyfilm Market is estimated to witness a CAGR of 4% from 2023 to 2031

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Polyfilm Market - By Resin Type
1.3.2 Polyfilm Market - By End-Use Industry
1.3.3 Polyfilm Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. POLYFILM 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. POLYFILM MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

6. POLYFILM MARKET - GLOBAL MARKET ANALYSIS
6.1. POLYFILM - GLOBAL MARKET OVERVIEW
6.2. POLYFILM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. POLYFILM MARKET - REVENUE AND FORECASTS TO 2028 - RESIN TYPE
7.1. OVERVIEW
7.2. RESIN TYPE MARKET FORECASTS AND ANALYSIS
7.3. LDPE
7.3.1. Overview
7.3.2. LDPE Market Forecast and Analysis
7.4. HDPE
7.4.1. Overview
7.4.2. HDPE Market Forecast and Analysis
7.5. BOPP
7.5.1. Overview
7.5.2. BOPP Market Forecast and Analysis
7.6. CPP
7.6.1. Overview
7.6.2. CPP Market Forecast and Analysis
7.7. PVC
7.7.1. Overview
7.7.2. PVC Market Forecast and Analysis
7.8. BOPET
7.8.1. Overview
7.8.2. BOPET Market Forecast and Analysis
7.9. BOPA
7.9.1. Overview
7.9.2. BOPA Market Forecast and Analysis
7.10. OTHERS
7.10.1. Overview
7.10.2. Others Market Forecast and Analysis
8. POLYFILM MARKET - REVENUE AND FORECASTS TO 2028 - END-USE INDUSTRY
8.1. OVERVIEW
8.2. END-USE INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. PACKAGING
8.3.1. Overview
8.3.2. Packaging Market Forecast and Analysis
8.4. AGRICULTURE
8.4.1. Overview
8.4.2. Agriculture Market Forecast and Analysis
8.5. BUILDING AND CONSTRUCTION
8.5.1. Overview
8.5.2. Building and Construction Market Forecast and Analysis
8.6. CONSUMER GOODS
8.6.1. Overview
8.6.2. Consumer Goods Market Forecast and Analysis
8.7. MEDICAL
8.7.1. Overview
8.7.2. Medical Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis

9. POLYFILM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Polyfilm Market Overview
9.1.2 North America Polyfilm Market Forecasts and Analysis
9.1.3 North America Polyfilm Market Forecasts and Analysis - By Resin Type
9.1.4 North America Polyfilm Market Forecasts and Analysis - By End-Use Industry
9.1.5 North America Polyfilm Market Forecasts and Analysis - By Countries
9.1.5.1 United States Polyfilm Market
9.1.5.1.1 United States Polyfilm Market by Resin Type
9.1.5.1.2 United States Polyfilm Market by End-Use Industry
9.1.5.2 Canada Polyfilm Market
9.1.5.2.1 Canada Polyfilm Market by Resin Type
9.1.5.2.2 Canada Polyfilm Market by End-Use Industry
9.1.5.3 Mexico Polyfilm Market
9.1.5.3.1 Mexico Polyfilm Market by Resin Type
9.1.5.3.2 Mexico Polyfilm Market by End-Use Industry
9.2. EUROPE
9.2.1 Europe Polyfilm Market Overview
9.2.2 Europe Polyfilm Market Forecasts and Analysis
9.2.3 Europe Polyfilm Market Forecasts and Analysis - By Resin Type
9.2.4 Europe Polyfilm Market Forecasts and Analysis - By End-Use Industry
9.2.5 Europe Polyfilm Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Polyfilm Market
9.2.5.1.1 Germany Polyfilm Market by Resin Type
9.2.5.1.2 Germany Polyfilm Market by End-Use Industry
9.2.5.2 France Polyfilm Market
9.2.5.2.1 France Polyfilm Market by Resin Type
9.2.5.2.2 France Polyfilm Market by End-Use Industry
9.2.5.3 Italy Polyfilm Market
9.2.5.3.1 Italy Polyfilm Market by Resin Type
9.2.5.3.2 Italy Polyfilm Market by End-Use Industry
9.2.5.4 United Kingdom Polyfilm Market
9.2.5.4.1 United Kingdom Polyfilm Market by Resin Type
9.2.5.4.2 United Kingdom Polyfilm Market by End-Use Industry
9.2.5.5 Russia Polyfilm Market
9.2.5.5.1 Russia Polyfilm Market by Resin Type
9.2.5.5.2 Russia Polyfilm Market by End-Use Industry
9.2.5.6 Rest of Europe Polyfilm Market
9.2.5.6.1 Rest of Europe Polyfilm Market by Resin Type
9.2.5.6.2 Rest of Europe Polyfilm Market by End-Use Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Polyfilm Market Overview
9.3.2 Asia-Pacific Polyfilm Market Forecasts and Analysis
9.3.3 Asia-Pacific Polyfilm Market Forecasts and Analysis - By Resin Type
9.3.4 Asia-Pacific Polyfilm Market Forecasts and Analysis - By End-Use Industry
9.3.5 Asia-Pacific Polyfilm Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Polyfilm Market
9.3.5.1.1 Australia Polyfilm Market by Resin Type
9.3.5.1.2 Australia Polyfilm Market by End-Use Industry
9.3.5.2 China Polyfilm Market
9.3.5.2.1 China Polyfilm Market by Resin Type
9.3.5.2.2 China Polyfilm Market by End-Use Industry
9.3.5.3 India Polyfilm Market
9.3.5.3.1 India Polyfilm Market by Resin Type
9.3.5.3.2 India Polyfilm Market by End-Use Industry
9.3.5.4 Japan Polyfilm Market
9.3.5.4.1 Japan Polyfilm Market by Resin Type
9.3.5.4.2 Japan Polyfilm Market by End-Use Industry
9.3.5.5 South Korea Polyfilm Market
9.3.5.5.1 South Korea Polyfilm Market by Resin Type
9.3.5.5.2 South Korea Polyfilm Market by End-Use Industry
9.3.5.6 Rest of Asia-Pacific Polyfilm Market
9.3.5.6.1 Rest of Asia-Pacific Polyfilm Market by Resin Type
9.3.5.6.2 Rest of Asia-Pacific Polyfilm Market by End-Use Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Polyfilm Market Overview
9.4.2 Middle East and Africa Polyfilm Market Forecasts and Analysis
9.4.3 Middle East and Africa Polyfilm Market Forecasts and Analysis - By Resin Type
9.4.4 Middle East and Africa Polyfilm Market Forecasts and Analysis - By End-Use Industry
9.4.5 Middle East and Africa Polyfilm Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Polyfilm Market
9.4.5.1.1 South Africa Polyfilm Market by Resin Type
9.4.5.1.2 South Africa Polyfilm Market by End-Use Industry
9.4.5.2 Saudi Arabia Polyfilm Market
9.4.5.2.1 Saudi Arabia Polyfilm Market by Resin Type
9.4.5.2.2 Saudi Arabia Polyfilm Market by End-Use Industry
9.4.5.3 U.A.E Polyfilm Market
9.4.5.3.1 U.A.E Polyfilm Market by Resin Type
9.4.5.3.2 U.A.E Polyfilm Market by End-Use Industry
9.4.5.4 Rest of Middle East and Africa Polyfilm Market
9.4.5.4.1 Rest of Middle East and Africa Polyfilm Market by Resin Type
9.4.5.4.2 Rest of Middle East and Africa Polyfilm Market by End-Use Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Polyfilm Market Overview
9.5.2 South and Central America Polyfilm Market Forecasts and Analysis
9.5.3 South and Central America Polyfilm Market Forecasts and Analysis - By Resin Type
9.5.4 South and Central America Polyfilm Market Forecasts and Analysis - By End-Use Industry
9.5.5 South and Central America Polyfilm Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Polyfilm Market
9.5.5.1.1 Brazil Polyfilm Market by Resin Type
9.5.5.1.2 Brazil Polyfilm Market by End-Use Industry
9.5.5.2 Argentina Polyfilm Market
9.5.5.2.1 Argentina Polyfilm Market by Resin Type
9.5.5.2.2 Argentina Polyfilm Market by End-Use Industry
9.5.5.3 Rest of South and Central America Polyfilm Market
9.5.5.3.1 Rest of South and Central America Polyfilm Market by Resin Type
9.5.5.3.2 Rest of South and Central America Polyfilm Market by End-Use Industry

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. POLYFILM MARKET, KEY COMPANY PROFILES
11.1. CHIRIPAL POLY FILMS
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. COSMO FILMS LTD.
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. FORMOSA PLASTICS CORPORATION
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. GARWARE POLYESTER LIMITED
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. MAX SPECIALITY FILMS LIMITED (MSFL)
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. POLYPLEX CORPORATION 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. SRF LIMITED
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. TAGHLEEF INDUSTRIES SPA
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. UFLEX LIMITED
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. VACMET INDIA 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
The List of Companies

1.Chiripal Poly Films
2.Cosmo Films Ltd.
3.Formosa Plastics Corporation
4.Garware Polyester Limited
5.Max Speciality Films Limited (MSFL)
6.Polyplex Corporation Ltd.
7.SRF Limited
8.Taghleef Industries SpA
9.Uflex Limited
10.Vacmet India Ltd

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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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