Cork Stoppers Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Cork Stoppers Market covers analysis By Product Type (Natural cork stopper, Colmated cork stoppers, Champagne/Sparkling wine cork stoppers, Agglomerated cork stoppers, Others); Container Used (Wooden, Metal, Glass, Polyvinyl chloride (PVC), Other material container); Application (Wines, Premium spirits, Fragrances, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00017075
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Cork stoppers are extremely successful bottle closures that have been in use since ancient times. The cork stoppers fulfill the requirements for a sealant of wine bottles. They have mechanical properties that allow insertion into the bottle and compression against its neck; they can be removed with a moderate extraction force. They are also physically and chemically stable over time.

MARKET DYNAMICS

The cork stoppers market has witnessed a significant growth owing to factors such as growing customer inclination towards consumption of premium aged and toasted wines. Moreover, the rising demand for wine across the globe joined with improved production provides a huge market opportunity for the key players operating in the cork stoppers market.

MARKET SCOPE

The "Global Cork Stoppers Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cork stoppers market with detailed market segmentation product type, container used, application, and geography. The global cork stoppers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cork stoppers market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global cork stoppers market is segmented on the basis of product type, container used and application. On the basis of product type, the global cork stoppers market is divided into natural cork stopper, colmated cork stoppers, champagne/sparkling wine cork stoppers, agglomerated cork stoppers, technical cork stoppers and others. On the basis of container type, the global cork stoppers market is divided into wooden, metal, glass, polyvinyl chloride (pvc), porcelain and other material container. On the basis of application, the global cork stoppers market is divided into wines, premium spirits, fragrances, oils 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 cork stoppers market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cork stoppers 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 cork stoppers 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 all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the cork stoppers market in these regions.

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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 cork stoppers market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cork stoppers 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 cork stoppers 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 all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the cork stoppers market in these regions.

MARKET PLAYERS

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

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cork stoppers 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.

  •   Advance Cork International
  •   Bangor Cork
  •   Barnacork S.L.
  •   CorkLink Group.
  •   CP Lab Safety
  •   Jelinek Cork Group
  •   Lafitte
  •   Portocork America
  •   Stanimirov Cork Industry Ltd.
  •   Widgetco, INC.


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
1.3.1 Cork Stoppers Market - By Product Type
1.3.2 Cork Stoppers Market - By Container Used
1.3.3 Cork Stoppers Market - By Application
1.3.4 Cork Stoppers Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. CORK STOPPERS 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. CORK STOPPERS 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. CORK STOPPERS MARKET - GLOBAL MARKET ANALYSIS
6.1. CORK STOPPERS - GLOBAL MARKET OVERVIEW
6.2. CORK STOPPERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. CORK STOPPERS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. NATURAL CORK STOPPER
7.3.1. Overview
7.3.2. Natural cork stopper Market Forecast and Analysis
7.4. COLMATED CORK STOPPERS
7.4.1. Overview
7.4.2. Colmated cork stoppers Market Forecast and Analysis
7.5. CHAMPAGNE/SPARKLING WINE CORK STOPPERS
7.5.1. Overview
7.5.2. Champagne/Sparkling wine cork stoppers Market Forecast and Analysis
7.6. AGGLOMERATED CORK STOPPERS
7.6.1. Overview
7.6.2. Agglomerated cork stoppers Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. CORK STOPPERS MARKET - REVENUE AND FORECASTS TO 2028 - CONTAINER USED
8.1. OVERVIEW
8.2. CONTAINER USED MARKET FORECASTS AND ANALYSIS
8.3. WOODEN
8.3.1. Overview
8.3.2. Wooden Market Forecast and Analysis
8.4. METAL
8.4.1. Overview
8.4.2. Metal Market Forecast and Analysis
8.5. GLASS
8.5.1. Overview
8.5.2. Glass Market Forecast and Analysis
8.6. POLYVINYL CHLORIDE (PVC)
8.6.1. Overview
8.6.2. Polyvinyl chloride (PVC) Market Forecast and Analysis
8.7. OTHER MATERIAL CONTAINER
8.7.1. Overview
8.7.2. Other material container Market Forecast and Analysis
9. CORK STOPPERS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. WINES
9.3.1. Overview
9.3.2. Wines Market Forecast and Analysis
9.4. PREMIUM SPIRITS
9.4.1. Overview
9.4.2. Premium spirits Market Forecast and Analysis
9.5. FRAGRANCES
9.5.1. Overview
9.5.2. Fragrances Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis

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

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. CORK STOPPERS MARKET, KEY COMPANY PROFILES
12.1. ADVANCE CORK INTERNATIONAL
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. BANGOR CORK
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. BARNACORK S.L.
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. CORKLINK GROUP.
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. CP LAB SAFETY
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. JELINEK CORK GROUP
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. LAFITTE
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. PORTOCORK AMERICA
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. STANIMIROV CORK INDUSTRY LTD.
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. WIDGETCO, INC.
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. Advance Cork International
2. Bangor Cork
3. Barnacork S.L.
4. CorkLink Group.
5. CP Lab Safety
6. Jelinek Cork Group
7. Lafitte
8. Portocork America
9. Stanimirov Cork Industry Ltd.
10. Widgetco, INC.

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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