Fish Hunting Equipment Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Fish Hunting Equipment Market covers analysis By Product (Fishing Reels, Fishing Rods, Baits and Lures, Others); Distribution Channel (Supermarkets and hypermarkets, Online retail, Specialty store, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00024604
  • Category : Consumer Goods
  • Status : Upcoming
  • No. of Pages : 150
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MARKET OVERVIEW

Fish hunting refers to catching of fish from numerous sources like sea, river, pond, lake etc. Equipment and tools needed for fishing are called as fish hunting equipment. Fishing is done as a commercial activity and also as a free time activity. According to specific end user, manufacturers design and develop fishing rod, fishing reels, and other fishing equipment respectively. Fish hunting equipment market is expected to witness promising growth in coming years all over the world.

MARKET SCOPE

The "Global Fish Hunting Equipment 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 fish hunting equipment market with detailed market segmentation by product, distribution channel, and geography. The report provides key statistics on the market status of the leading fish hunting equipment market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •   Based on product, the global fish hunting equipment market is segmented into fishing reels, fishing rods, baits and lures and others.
  •   Based on distribution channel, the market is bifurcated into supermarkets and hypermarkets, online retail, specialty store and others.

MARKET DYNAMICS
Drivers:

  •   Introduction of new fishing products drive the demand further.
  •   Increasing per capita disposable income to boost market growth of fish hunting equipment.

Restraints:

  •   Unorganized retail sector in few developing countries.

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 market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The fish hunting equipment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the 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 fish hunting equipment market in these regions.

IMPACT OF COVID-19 ON FISH HUNTING EQUIPMENT MARKET

The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. This pandemic restricted movement of people from one place to another. Also, many non-essential activities were restricted considering various precautionary guidelines. All these factors affected the fish hunting equipment market negatively.

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 market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The fish hunting equipment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the 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 fish hunting equipment market in these regions.

IMPACT OF COVID-19 ON FISH HUNTING EQUIPMENT MARKET

The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. This pandemic restricted movement of people from one place to another. Also, many non-essential activities were restricted considering various precautionary guidelines. All these factors affected the fish hunting equipment market negatively.

MARKET PLAYERS

The report covers key developments in the fish hunting 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 way for the expansion of business and customer base of market players. The market payers from fish hunting equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for fish hunting equipment in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fish hunting equipment 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.

  •   Costa Del Mar, Inc.
  •   Eagle Claw
  •   Globeride, Inc.
  •   JIUYANG Fishing Tackle Co., Ltd.
  •   Maver UK Ltd
  •   Pure Fishing, Inc.
  •   Rushan Fudi Fishing Tackle Co., ltd.
  •   S.C. ADDYA & CO. PVT. LTD.
  •   Sensas
  •   The Orvis Company, 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 Fish Hunting Equipment Market - By Product
1.3.2 Fish Hunting Equipment Market - By Distribution Channel
1.3.3 Fish Hunting Equipment Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. FISH HUNTING EQUIPMENT 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. FISH HUNTING 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. FISH HUNTING EQUIPMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. FISH HUNTING EQUIPMENT - GLOBAL MARKET OVERVIEW
6.2. FISH HUNTING EQUIPMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING

7. FISH HUNTING EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. FISHING REELS
7.3.1. Overview
7.3.2. Fishing Reels Market Forecast and Analysis
7.4. FISHING RODS
7.4.1. Overview
7.4.2. Fishing Rods Market Forecast and Analysis
7.5. BAITS AND LURES
7.5.1. Overview
7.5.2. Baits and Lures Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. FISH HUNTING EQUIPMENT 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. ONLINE RETAIL
8.4.1. Overview
8.4.2. Online retail Market Forecast and Analysis
8.5. SPECIALTY STORE
8.5.1. Overview
8.5.2. Specialty store Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis

9. FISH HUNTING EQUIPMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Fish Hunting Equipment Market Overview
9.1.2 North America Fish Hunting Equipment Market Forecasts and Analysis
9.1.3 North America Fish Hunting Equipment Market Forecasts and Analysis - By Product
9.1.4 North America Fish Hunting Equipment Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Fish Hunting Equipment Market Forecasts and Analysis - By Countries
9.1.5.1 United States Fish Hunting Equipment Market
9.1.5.1.1 United States Fish Hunting Equipment Market by Product
9.1.5.1.2 United States Fish Hunting Equipment Market by Distribution Channel
9.1.5.2 Canada Fish Hunting Equipment Market
9.1.5.2.1 Canada Fish Hunting Equipment Market by Product
9.1.5.2.2 Canada Fish Hunting Equipment Market by Distribution Channel
9.1.5.3 Mexico Fish Hunting Equipment Market
9.1.5.3.1 Mexico Fish Hunting Equipment Market by Product
9.1.5.3.2 Mexico Fish Hunting Equipment Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Fish Hunting Equipment Market Overview
9.2.2 Europe Fish Hunting Equipment Market Forecasts and Analysis
9.2.3 Europe Fish Hunting Equipment Market Forecasts and Analysis - By Product
9.2.4 Europe Fish Hunting Equipment Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Fish Hunting Equipment Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Fish Hunting Equipment Market
9.2.5.1.1 Germany Fish Hunting Equipment Market by Product
9.2.5.1.2 Germany Fish Hunting Equipment Market by Distribution Channel
9.2.5.2 France Fish Hunting Equipment Market
9.2.5.2.1 France Fish Hunting Equipment Market by Product
9.2.5.2.2 France Fish Hunting Equipment Market by Distribution Channel
9.2.5.3 Italy Fish Hunting Equipment Market
9.2.5.3.1 Italy Fish Hunting Equipment Market by Product
9.2.5.3.2 Italy Fish Hunting Equipment Market by Distribution Channel
9.2.5.4 United Kingdom Fish Hunting Equipment Market
9.2.5.4.1 United Kingdom Fish Hunting Equipment Market by Product
9.2.5.4.2 United Kingdom Fish Hunting Equipment Market by Distribution Channel
9.2.5.5 Russia Fish Hunting Equipment Market
9.2.5.5.1 Russia Fish Hunting Equipment Market by Product
9.2.5.5.2 Russia Fish Hunting Equipment Market by Distribution Channel
9.2.5.6 Rest of Europe Fish Hunting Equipment Market
9.2.5.6.1 Rest of Europe Fish Hunting Equipment Market by Product
9.2.5.6.2 Rest of Europe Fish Hunting Equipment Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Fish Hunting Equipment Market Overview
9.3.2 Asia-Pacific Fish Hunting Equipment Market Forecasts and Analysis
9.3.3 Asia-Pacific Fish Hunting Equipment Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Fish Hunting Equipment Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Fish Hunting Equipment Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Fish Hunting Equipment Market
9.3.5.1.1 Australia Fish Hunting Equipment Market by Product
9.3.5.1.2 Australia Fish Hunting Equipment Market by Distribution Channel
9.3.5.2 China Fish Hunting Equipment Market
9.3.5.2.1 China Fish Hunting Equipment Market by Product
9.3.5.2.2 China Fish Hunting Equipment Market by Distribution Channel
9.3.5.3 India Fish Hunting Equipment Market
9.3.5.3.1 India Fish Hunting Equipment Market by Product
9.3.5.3.2 India Fish Hunting Equipment Market by Distribution Channel
9.3.5.4 Japan Fish Hunting Equipment Market
9.3.5.4.1 Japan Fish Hunting Equipment Market by Product
9.3.5.4.2 Japan Fish Hunting Equipment Market by Distribution Channel
9.3.5.5 South Korea Fish Hunting Equipment Market
9.3.5.5.1 South Korea Fish Hunting Equipment Market by Product
9.3.5.5.2 South Korea Fish Hunting Equipment Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Fish Hunting Equipment Market
9.3.5.6.1 Rest of Asia-Pacific Fish Hunting Equipment Market by Product
9.3.5.6.2 Rest of Asia-Pacific Fish Hunting Equipment Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Fish Hunting Equipment Market Overview
9.4.2 Middle East and Africa Fish Hunting Equipment Market Forecasts and Analysis
9.4.3 Middle East and Africa Fish Hunting Equipment Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Fish Hunting Equipment Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Fish Hunting Equipment Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Fish Hunting Equipment Market
9.4.5.1.1 South Africa Fish Hunting Equipment Market by Product
9.4.5.1.2 South Africa Fish Hunting Equipment Market by Distribution Channel
9.4.5.2 Saudi Arabia Fish Hunting Equipment Market
9.4.5.2.1 Saudi Arabia Fish Hunting Equipment Market by Product
9.4.5.2.2 Saudi Arabia Fish Hunting Equipment Market by Distribution Channel
9.4.5.3 U.A.E Fish Hunting Equipment Market
9.4.5.3.1 U.A.E Fish Hunting Equipment Market by Product
9.4.5.3.2 U.A.E Fish Hunting Equipment Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Fish Hunting Equipment Market
9.4.5.4.1 Rest of Middle East and Africa Fish Hunting Equipment Market by Product
9.4.5.4.2 Rest of Middle East and Africa Fish Hunting Equipment Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Fish Hunting Equipment Market Overview
9.5.2 South and Central America Fish Hunting Equipment Market Forecasts and Analysis
9.5.3 South and Central America Fish Hunting Equipment Market Forecasts and Analysis - By Product
9.5.4 South and Central America Fish Hunting Equipment Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Fish Hunting Equipment Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Fish Hunting Equipment Market
9.5.5.1.1 Brazil Fish Hunting Equipment Market by Product
9.5.5.1.2 Brazil Fish Hunting Equipment Market by Distribution Channel
9.5.5.2 Argentina Fish Hunting Equipment Market
9.5.5.2.1 Argentina Fish Hunting Equipment Market by Product
9.5.5.2.2 Argentina Fish Hunting Equipment Market by Distribution Channel
9.5.5.3 Rest of South and Central America Fish Hunting Equipment Market
9.5.5.3.1 Rest of South and Central America Fish Hunting Equipment Market by Product
9.5.5.3.2 Rest of South and Central America Fish Hunting Equipment 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. FISH HUNTING EQUIPMENT MARKET, KEY COMPANY PROFILES
11.1. COSTA DEL MAR, INC.
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. EAGLE CLAW
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. GLOBERIDE, INC.
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. JIUYANG FISHING TACKLE CO., LTD.
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. MAVER UK LTD
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. PURE FISHING, INC.
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. RUSHAN FUDI FISHING TACKLE CO., LTD.
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. S.C. ADDYA AND CO. PVT. LTD.
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. SENSAS
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. THE ORVIS COMPANY, INC.
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. Costa Del Mar, Inc.
2. Eagle Claw
3. Globeride, Inc.
4. JIUYANG Fishing Tackle Co., Ltd.
5. Maver UK Ltd
6. Pure Fishing, Inc.
7. Rushan Fudi Fishing Tackle Co., ltd.
8. S.C. ADDYA and CO. PVT. LTD.
9. Sensas
10. The Orvis Company, 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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