Heat-sealed non-woven bags are manufactured using non-woven fabric as raw material and with the use of spun melted polypropylene (PP) through a process of automatic ultrasonic sealing. Heat sealing bags are air & moisture barrier packaging for a variety of products. Heat sealing bags are widely used in food packaging as they provide a tamper-evident seal while keeping your product fresher and longer. These bags are excellent for retail, catered events, or bakeries that securely contain lollipops and other treats.
MARKET DYNAMICS
Rising demand of heat-sealed non-woven bags for food packaging due to its extended and stable shelf-life, water-resistance, and moisture resistance properties are proplling the demand of heat-sealed non-woven bags. Furthermore, The growing use of sustainable raw materials such as paper-based solutions for heat sealing bags are further driving the market. Moreover, rising environmental threats from non bio-degrable materials are expected to propell the growth of the market in coming years.
MARKET SCOPE
The "Global Heat-sealed Non-woven Bags Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Heat-sealed Non-woven Bags market with detailed market segmentation by type, material and thickness, and geography. The global Heat-sealed Non-woven Bags market is expected to witness notable growth during the forecast period. The report provides key statistics on the market status of the leading Heat-sealed Non-woven Bags market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Heat-sealed Non-woven Bags market is segmented on the basis of type, material and thickness. Based on type, the global Heat-sealed Non-woven Bags market is segmented into D cut, W cut or U cut, loop handle and, Others. On the basis of material, the market is segmented polyethylene, polypropylene, polyethylene terephthalate, 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 Heat-sealed Non-woven Bags market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The Heat-sealed Non-woven Bags 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 Heat-sealed Non-woven Bags market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 Heat-sealed Non-woven Bags market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Heat-sealed Non-woven Bags market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The Heat-sealed Non-woven Bags 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 Heat-sealed Non-woven Bags market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 Heat-sealed Non-woven Bags market in these regions.
MARKET PLAYERS
The reports cover key developments in the Heat-sealed Non-woven Bags 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Heat-sealed Non-woven Bags market are anticipated to lucrative growth opportunities in the future with the rising demand for Heat-sealed Non-woven Bags in the global market. Below mentioned is the list of few companies engaged in the Heat-sealed Non-woven Bags market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Heat-sealed Non-woven Bags 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.
- EURO FROST INDIA PRIVATE LIMITED
- Hangzhou Lihi Eco-Tech Co.,Ltd
- Huahao Nonwovens Co.,Ltd.
- KentPack
- M/S Bajaj Plasto Industries
- Maviyel Ambalaj
- Rovi Packaging, S.A.
- S&C Eco Life Company Limited
- VIETNAM POLY BAG IMPORT EXPORT JSC.
- Wenzhou Vanmac Trading Co.
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
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Heat-sealed Non-woven Bags Market - By Type
1.3.2 Heat-sealed Non-woven Bags Market - By Material
1.3.3 Heat-sealed Non-woven Bags Market - By Thickness
1.3.4 Heat-sealed Non-woven Bags Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HEAT-SEALED NON-WOVEN BAGS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. HEAT-SEALED NON-WOVEN BAGS 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. HEAT-SEALED NON-WOVEN BAGS MARKET - GLOBAL MARKET ANALYSIS
6.1. HEAT-SEALED NON-WOVEN BAGS - GLOBAL MARKET OVERVIEW
6.2. HEAT-SEALED NON-WOVEN BAGS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HEAT-SEALED NON-WOVEN BAGS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. D CUT
7.3.1. Overview
7.3.2. D cut Market Forecast and Analysis
7.4. W CUT OR U CUT
7.4.1. Overview
7.4.2. W cut or U cut Market Forecast and Analysis
7.5. LOOP HANDLE
7.5.1. Overview
7.5.2. Loop Handle Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. HEAT-SEALED NON-WOVEN BAGS MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
8.1. OVERVIEW
8.2. MATERIAL MARKET FORECASTS AND ANALYSIS
8.3. POLYETHYLENE
8.3.1. Overview
8.3.2. Polyethylene Market Forecast and Analysis
8.4. POLYPROPYLENE
8.4.1. Overview
8.4.2. Polypropylene Market Forecast and Analysis
8.5. POLYETHYLENE TEREPHTHALATE
8.5.1. Overview
8.5.2. Polyethylene terephthalate Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. HEAT-SEALED NON-WOVEN BAGS MARKET - REVENUE AND FORECASTS TO 2028 - THICKNESS
9.1. OVERVIEW
9.2. THICKNESS MARKET FORECASTS AND ANALYSIS
9.3. BELOW 50 GSM
9.3.1. Overview
9.3.2. Below 50 GSM Market Forecast and Analysis
9.4. 50 TO 100 GSM
9.4.1. Overview
9.4.2. 50 to 100 GSM Market Forecast and Analysis
9.5. ABOVE 100 GSM
9.5.1. Overview
9.5.2. Above 100 GSM Market Forecast and Analysis
10. HEAT-SEALED NON-WOVEN BAGS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Heat-sealed Non-woven Bags Market Overview
10.1.2 North America Heat-sealed Non-woven Bags Market Forecasts and Analysis
10.1.3 North America Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Type
10.1.4 North America Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Material
10.1.5 North America Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Thickness
10.1.6 North America Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Countries
10.1.6.1 United States Heat-sealed Non-woven Bags Market
10.1.6.1.1 United States Heat-sealed Non-woven Bags Market by Type
10.1.6.1.2 United States Heat-sealed Non-woven Bags Market by Material
10.1.6.1.3 United States Heat-sealed Non-woven Bags Market by Thickness
10.1.6.2 Canada Heat-sealed Non-woven Bags Market
10.1.6.2.1 Canada Heat-sealed Non-woven Bags Market by Type
10.1.6.2.2 Canada Heat-sealed Non-woven Bags Market by Material
10.1.6.2.3 Canada Heat-sealed Non-woven Bags Market by Thickness
10.1.6.3 Mexico Heat-sealed Non-woven Bags Market
10.1.6.3.1 Mexico Heat-sealed Non-woven Bags Market by Type
10.1.6.3.2 Mexico Heat-sealed Non-woven Bags Market by Material
10.1.6.3.3 Mexico Heat-sealed Non-woven Bags Market by Thickness
10.2. EUROPE
10.2.1 Europe Heat-sealed Non-woven Bags Market Overview
10.2.2 Europe Heat-sealed Non-woven Bags Market Forecasts and Analysis
10.2.3 Europe Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Type
10.2.4 Europe Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Material
10.2.5 Europe Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Thickness
10.2.6 Europe Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Heat-sealed Non-woven Bags Market
10.2.6.1.1 Germany Heat-sealed Non-woven Bags Market by Type
10.2.6.1.2 Germany Heat-sealed Non-woven Bags Market by Material
10.2.6.1.3 Germany Heat-sealed Non-woven Bags Market by Thickness
10.2.6.2 France Heat-sealed Non-woven Bags Market
10.2.6.2.1 France Heat-sealed Non-woven Bags Market by Type
10.2.6.2.2 France Heat-sealed Non-woven Bags Market by Material
10.2.6.2.3 France Heat-sealed Non-woven Bags Market by Thickness
10.2.6.3 Italy Heat-sealed Non-woven Bags Market
10.2.6.3.1 Italy Heat-sealed Non-woven Bags Market by Type
10.2.6.3.2 Italy Heat-sealed Non-woven Bags Market by Material
10.2.6.3.3 Italy Heat-sealed Non-woven Bags Market by Thickness
10.2.6.4 United Kingdom Heat-sealed Non-woven Bags Market
10.2.6.4.1 United Kingdom Heat-sealed Non-woven Bags Market by Type
10.2.6.4.2 United Kingdom Heat-sealed Non-woven Bags Market by Material
10.2.6.4.3 United Kingdom Heat-sealed Non-woven Bags Market by Thickness
10.2.6.5 Russia Heat-sealed Non-woven Bags Market
10.2.6.5.1 Russia Heat-sealed Non-woven Bags Market by Type
10.2.6.5.2 Russia Heat-sealed Non-woven Bags Market by Material
10.2.6.5.3 Russia Heat-sealed Non-woven Bags Market by Thickness
10.2.6.6 Rest of Europe Heat-sealed Non-woven Bags Market
10.2.6.6.1 Rest of Europe Heat-sealed Non-woven Bags Market by Type
10.2.6.6.2 Rest of Europe Heat-sealed Non-woven Bags Market by Material
10.2.6.6.3 Rest of Europe Heat-sealed Non-woven Bags Market by Thickness
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Heat-sealed Non-woven Bags Market Overview
10.3.2 Asia-Pacific Heat-sealed Non-woven Bags Market Forecasts and Analysis
10.3.3 Asia-Pacific Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Material
10.3.5 Asia-Pacific Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Thickness
10.3.6 Asia-Pacific Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Heat-sealed Non-woven Bags Market
10.3.6.1.1 Australia Heat-sealed Non-woven Bags Market by Type
10.3.6.1.2 Australia Heat-sealed Non-woven Bags Market by Material
10.3.6.1.3 Australia Heat-sealed Non-woven Bags Market by Thickness
10.3.6.2 China Heat-sealed Non-woven Bags Market
10.3.6.2.1 China Heat-sealed Non-woven Bags Market by Type
10.3.6.2.2 China Heat-sealed Non-woven Bags Market by Material
10.3.6.2.3 China Heat-sealed Non-woven Bags Market by Thickness
10.3.6.3 India Heat-sealed Non-woven Bags Market
10.3.6.3.1 India Heat-sealed Non-woven Bags Market by Type
10.3.6.3.2 India Heat-sealed Non-woven Bags Market by Material
10.3.6.3.3 India Heat-sealed Non-woven Bags Market by Thickness
10.3.6.4 Japan Heat-sealed Non-woven Bags Market
10.3.6.4.1 Japan Heat-sealed Non-woven Bags Market by Type
10.3.6.4.2 Japan Heat-sealed Non-woven Bags Market by Material
10.3.6.4.3 Japan Heat-sealed Non-woven Bags Market by Thickness
10.3.6.5 South Korea Heat-sealed Non-woven Bags Market
10.3.6.5.1 South Korea Heat-sealed Non-woven Bags Market by Type
10.3.6.5.2 South Korea Heat-sealed Non-woven Bags Market by Material
10.3.6.5.3 South Korea Heat-sealed Non-woven Bags Market by Thickness
10.3.6.6 Rest of Asia-Pacific Heat-sealed Non-woven Bags Market
10.3.6.6.1 Rest of Asia-Pacific Heat-sealed Non-woven Bags Market by Type
10.3.6.6.2 Rest of Asia-Pacific Heat-sealed Non-woven Bags Market by Material
10.3.6.6.3 Rest of Asia-Pacific Heat-sealed Non-woven Bags Market by Thickness
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Heat-sealed Non-woven Bags Market Overview
10.4.2 Middle East and Africa Heat-sealed Non-woven Bags Market Forecasts and Analysis
10.4.3 Middle East and Africa Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Material
10.4.5 Middle East and Africa Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Thickness
10.4.6 Middle East and Africa Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Heat-sealed Non-woven Bags Market
10.4.6.1.1 South Africa Heat-sealed Non-woven Bags Market by Type
10.4.6.1.2 South Africa Heat-sealed Non-woven Bags Market by Material
10.4.6.1.3 South Africa Heat-sealed Non-woven Bags Market by Thickness
10.4.6.2 Saudi Arabia Heat-sealed Non-woven Bags Market
10.4.6.2.1 Saudi Arabia Heat-sealed Non-woven Bags Market by Type
10.4.6.2.2 Saudi Arabia Heat-sealed Non-woven Bags Market by Material
10.4.6.2.3 Saudi Arabia Heat-sealed Non-woven Bags Market by Thickness
10.4.6.3 U.A.E Heat-sealed Non-woven Bags Market
10.4.6.3.1 U.A.E Heat-sealed Non-woven Bags Market by Type
10.4.6.3.2 U.A.E Heat-sealed Non-woven Bags Market by Material
10.4.6.3.3 U.A.E Heat-sealed Non-woven Bags Market by Thickness
10.4.6.4 Rest of Middle East and Africa Heat-sealed Non-woven Bags Market
10.4.6.4.1 Rest of Middle East and Africa Heat-sealed Non-woven Bags Market by Type
10.4.6.4.2 Rest of Middle East and Africa Heat-sealed Non-woven Bags Market by Material
10.4.6.4.3 Rest of Middle East and Africa Heat-sealed Non-woven Bags Market by Thickness
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Heat-sealed Non-woven Bags Market Overview
10.5.2 South and Central America Heat-sealed Non-woven Bags Market Forecasts and Analysis
10.5.3 South and Central America Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Type
10.5.4 South and Central America Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Material
10.5.5 South and Central America Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Thickness
10.5.6 South and Central America Heat-sealed Non-woven Bags Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Heat-sealed Non-woven Bags Market
10.5.6.1.1 Brazil Heat-sealed Non-woven Bags Market by Type
10.5.6.1.2 Brazil Heat-sealed Non-woven Bags Market by Material
10.5.6.1.3 Brazil Heat-sealed Non-woven Bags Market by Thickness
10.5.6.2 Argentina Heat-sealed Non-woven Bags Market
10.5.6.2.1 Argentina Heat-sealed Non-woven Bags Market by Type
10.5.6.2.2 Argentina Heat-sealed Non-woven Bags Market by Material
10.5.6.2.3 Argentina Heat-sealed Non-woven Bags Market by Thickness
10.5.6.3 Rest of South and Central America Heat-sealed Non-woven Bags Market
10.5.6.3.1 Rest of South and Central America Heat-sealed Non-woven Bags Market by Type
10.5.6.3.2 Rest of South and Central America Heat-sealed Non-woven Bags Market by Material
10.5.6.3.3 Rest of South and Central America Heat-sealed Non-woven Bags Market by Thickness
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. HEAT-SEALED NON-WOVEN BAGS MARKET, KEY COMPANY PROFILES
12.1. EURO FROST INDIA PRIVATE LIMITED
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. HANGZHOU LIHI ECO-TECH CO.,LTD
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. HUAHAO NONWOVENS CO.,LTD.
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. KENTPACK
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. M/S BAJAJ PLASTO INDUSTRIES
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. MAVIYEL AMBALAJ
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. ROVI PACKAGING, S.A.
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. S AND C ECO LIFE COMPANY LIMITED
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. VIETNAM POLY BAG IMPORT EXPORT JSC
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. WENZHOU VANMAC TRADING CO. LTD
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
1. EURO FROST INDIA PRIVATE LIMITED
2. Hangzhou Lihi Eco-Tech Co.,Ltd
3. Huahao Nonwovens Co.,Ltd.
4. KentPack
5. M/S Bajaj Plasto Industries
6. Maviyel Ambalaj
7. Rovi Packaging, S.A.
8. S and C Eco Life Company Limited
9. VIETNAM POLY BAG IMPORT EXPORT JSC
10. Wenzhou Vanmac Trading Co. Ltd
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- 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.
- 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:
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.
- 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.
- 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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