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

Coverage: Surfing Board Market covers analysis By Type (Short board, Long Board, Others); Material Type (Polystyrene, Foam and Fiberglass, Epoxy, Others); Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00025951
  • Category : Consumer Goods
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Surfing is a water sport in which a surfer or an individual uses a board to ride on the forward section of a moving wave of water, which usually carries the surfer toward the shore. Surfing is usually done in the ocean, but developments in technology have made it possible to create waves in pools and rivers as an alternative. The surfboard has a light-weight yet sturdy structure that supports the person standing on it while riding the ocean wave.

MARKET DYNAMICS

The global surfing board market size is expected to gain market growth in the forecast period. Increasing number of surf schools, rising trend of surf wear, and acceptance of surfing as a trendy and lifestyle sport among all age groups are prominent factors expected to drive the growth of the surfing boards market throughout the forecasted years. Additionally, renowned surfing associations such as International Surfing Association, National Scholastic Surfing Association, and European Surfing Federation have been continuously working to promote surfing through annual and seasonal competitions, promotional events, and educational programs. This will further accelerate the overall growth of the surfing boards market. Fluctuations in trade tariffs on several raw materials can hamper the growth of the overall global surfing boards market.

MARKET SCOPE

The "Global Surfing Board 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 surfing board market with detailed market segmentation by product type, material and distribution channel. The global surfing board market is expected to rise during the forecast period. The report provides key statistics on the market status of the leading surfing board market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global surfing board market is segmented on the basis of product type, material and distribution channel. On the basis of product type the market is segmented into short board, long board and others. Based on material type the market the segmented into polystyrene, foam and fiberglass, epoxy and others. Based on distribution channel, the market is bifurcated into supermarkets and 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 global surfing board market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The surfing board 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 surfing board 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 surfing board 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 surfing board market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The surfing board 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 surfing board 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 surfing board market in these regions.

MARKET PLAYERS

The report covers vital developments in the surfing board 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 and collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the surfing board market are anticipated to lucrative growth opportunities in the future with the rising demand for surfing board in the global market. Below mentioned is the list of few companies engaged in the surfing board market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the surfing board market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

  •   Global Surf Industries
  •   Cannibal Surfboards
  •   Firewire Surfboards, LLC
  •   Rusty Surfboards
  •   Channel Islands Surfboards
  •   Hobie Cat Co.
  •   Beachbeat Surfboards
  •   NSP Surfboards
  •   XANADU SURF DESIGNS
  •   Infinity SUP
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 Surfing Board Market - By Type
1.3.2 Surfing Board Market - By Material Type
1.3.3 Surfing Board Market - By Distribution Channel
1.3.4 Surfing Board Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. SURFING BOARD 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. SURFING BOARD 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. SURFING BOARD MARKET - GLOBAL MARKET ANALYSIS
6.1. SURFING BOARD - GLOBAL MARKET OVERVIEW
6.2. SURFING BOARD - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING

7. SURFING BOARD MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SHORT BOARD
7.3.1. Overview
7.3.2. Short board Market Forecast and Analysis
7.4. LONG BOARD
7.4.1. Overview
7.4.2. Long Board Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. SURFING BOARD MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL TYPE
8.1. OVERVIEW
8.2. MATERIAL TYPE MARKET FORECASTS AND ANALYSIS
8.3. POLYSTYRENE
8.3.1. Overview
8.3.2. Polystyrene Market Forecast and Analysis
8.4. FOAM AND FIBERGLASS
8.4.1. Overview
8.4.2. Foam and Fiberglass Market Forecast and Analysis
8.5. EPOXY
8.5.1. Overview
8.5.2. Epoxy Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. SURFING BOARD MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
9.1. OVERVIEW
9.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
9.3. SUPERMARKETS AND HYPERMARKETS
9.3.1. Overview
9.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
9.4. SPECIALTY STORES
9.4.1. Overview
9.4.2. Specialty Stores Market Forecast and Analysis
9.5. ONLINE RETAIL
9.5.1. Overview
9.5.2. Online Retail Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis

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

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. SURFING BOARD MARKET, KEY COMPANY PROFILES
12.1. GLOBAL SURF INDUSTRIES
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. CANNIBAL SURFBOARDS
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. FIREWIRE SURFBOARDS, LLC
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. RUSTY SURFBOARDS
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. CHANNEL ISLANDS SURFBOARDS
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. HOBIE CAT CO.
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. BEACHBEAT SURFBOARDS
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. NSP SURFBOARDS
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. XANADU SURF DESIGNS
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. INFINITY SUP
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.Global Surf Industries
2.Cannibal Surfboards
3.Firewire Surfboards, LLC
4.Rusty Surfboards
5.Channel Islands Surfboards
6.Hobie Cat Co.
7.Beachbeat Surfboards
8.NSP Surfboards
9.XANADU SURF DESIGNS
10.Infinity SUP

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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