Automatic Retractable Dog Traction Rope Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Automatic Retractable Dog Traction Rope Market covers analysis By Type (Neck Traction Rope, Chest Traction Rope); Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPRE00028146
  • Category : Consumer Goods
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION
The Automated Retractable Dog Traction Rope is a product that can be used by pet owners to help prevent their dogs from pulling excessively or becoming stuck on obstacles. The device consists of a cord with an automatic retraction function, typically designed for use in the neck area while walking your dog. It is a type of equipment that wraps around the dog's neck and automatically applies pressure to loosen up the joints. It can be used for dogs with joint pain, post-operative use, or injury rehabilitation. It can also be used for dogs who are at risk of developing osteoarthritis.

MARKET DYNAMICS
A few growth factors of the global automatic retractable dog traction rope market are population increase, rising disposable income, and increasing awareness about pets. This includes dogs who may be more likely candidates for this type of device due to their active lifestyle or hip dysplasia. The average life expectancy for people living in developed regions was 79 years compared with 60 years in developing regions - illustrating higher disposable income levels and a greater pursuit of health in developed markets. The demand for pet ownership and the increased awareness about pets has also contributed to this growing trend, not only because more people are buying these items but due to higher quality products on offer that have better customer service built into their business model.

MARKET SCOPE
The "Global Automatic Retractable Dog Traction Rope Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the automatic retractable dog traction rope market with detailed market segmentation by type and distribution channel. The global automatic retractable dog traction rope market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automatic retractable dog traction rope market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION
The automatic retractable dog traction rope market is segmented into type, and distribution channel. By type, the automatic retractable dog traction rope market is bifurcated into neck traction rope and chest traction rope. By distribution channel, the automatic retractable dog traction rope market is bifurcated into supermarkets & hypermarkets, specialty stores, online retail, 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 automatic retractable dog traction rope market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The automatic retractable dog traction rope 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 automatic retractable dog traction rope market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after automatic retractable dog traction rope market in these regions.

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 automatic retractable dog traction rope market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The automatic retractable dog traction rope 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 automatic retractable dog traction rope market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after automatic retractable dog traction rope market in these regions.

MARKET PLAYERS
The report covers vital developments in the automatic retractable dog traction rope 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 automatic retractable dog traction rope market are anticipated to lucrative growth opportunities in the future with the rising demand for automatic retractable dog traction rope in the global market. Below mentioned is the list of few companies engaged in the automatic retractable dog traction rope market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the automatic retractable dog traction rope 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.

  •  Coastal Pet Products
  •  TRIXIE Pet Products
  •  Mammoth Pet Products
  •  Simmons Foods, Inc. & Affiliates
  •  NV Pets
  •  Elmira Pet Products
  •  K & H Pet Products
  •  Redbarn Pet Products LLC
  •  Petcurean Pet Nutrition
  •  Blue Buffalo Co., Ltd.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current 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
1.3.1 Automatic Retractable Dog Traction Rope Market - By Type
1.3.2 Automatic Retractable Dog Traction Rope Market - By Distribution Channel
1.3.3 Automatic Retractable Dog Traction Rope Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. AUTOMATIC RETRACTABLE DOG TRACTION ROPE 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. AUTOMATIC RETRACTABLE DOG TRACTION ROPE 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. AUTOMATIC RETRACTABLE DOG TRACTION ROPE MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMATIC RETRACTABLE DOG TRACTION ROPE - GLOBAL MARKET OVERVIEW
6.2. AUTOMATIC RETRACTABLE DOG TRACTION ROPE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING

7. AUTOMATIC RETRACTABLE DOG TRACTION ROPE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. NECK TRACTION ROPE
7.3.1. Overview
7.3.2. Neck Traction Rope Market Forecast and Analysis
7.4. CHEST TRACTION ROPE
7.4.1. Overview
7.4.2. Chest Traction Rope Market Forecast and Analysis
8. AUTOMATIC RETRACTABLE DOG TRACTION ROPE MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS AND HYPERMARKETS
8.3.1. Overview
8.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
8.4. SPECIALTY STORES
8.4.1. Overview
8.4.2. Specialty Stores Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. Online Retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis

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

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. AUTOMATIC RETRACTABLE DOG TRACTION ROPE MARKET, KEY COMPANY PROFILES
11.1. COASTAL PET PRODUCTS
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. TRIXIE PET PRODUCTS
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. MAMMOTH PET PRODUCTS
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. SIMMONS FOODS, INC. AND AFFILIATES
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. NV PETS
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. ELMIRA PET PRODUCTS
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. K AND H PET PRODUCTS
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. REDBARN PET PRODUCTS LLC
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. PETCUREAN PET NUTRITION
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. BLUE BUFFALO 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
The List of Companies

1.Coastal Pet Products
2.TRIXIE Pet Products
3.Mammoth Pet Products
4.Simmons Foods, Inc. and Affiliates
5.NV Pets
6.Elmira Pet Products
7.K and H Pet Products
8.Redbarn Pet Products LLC
9.Petcurean Pet Nutrition
10.Blue Buffalo Co., 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.

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