Brick Carton Packaging Market
Brick Carton Packaging Market Forecasts to 2030 - Global Analysis By Material Type (Plastic, Paperboard and Aluminium), Type of Opening (Straw Hole, Cut, Clip and King Twist), End User and By Geography
Years Covered |
2021-2030 |
Estimated Year Value (2023) |
US $11.1BN |
Projected Year Value (2030) |
US $17.3 BN |
CAGR (2023 - 2030) |
6.5% |
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
Largest Market |
Asia Pacific |
Highest Growing Market |
Europe |
According to Stratistics MRC, the Global Brick Carton Packaging Market is accounted for $11.1 billion in 2023 and is expected to reach $17.3 billion by 2030 growing at a CAGR of 6.5% during the forecast period. Food, medication, hardware, and many other things can all be packaged in cartons, which are commonly composed of paperboard. Folding cartons are often rolled up into a tube at the factory and sent to the packager flat. The brick carton is a container composed of low-density polyethylene, paperboard, or metal. The product is shielded from external pollutants and moisture by the brick carton packing. Brick carton packaging also contributes to the product's increased shelf life.
According to Food Dive, 67% of customers worldwide believe it is critical that the items they buy come in recyclable packaging, with 54% indicating it is a factor they consider when purchasing. Also, 83% of younger buyers are prepared to spend more on products that are packed sustainably.
Market Dynamics:
Driver:
Fast-paced urbanization
The rapid urbanization of emerging nations, which encourages market development, is the driving force behind the need for packaged liquid products. In addition, the market for liquid packing cartons is expanding as a result of growing consumer spending and more disposable income. Making the switch to eco-friendly packaging provides a number of clear advantages for both customers and businesses. A conscientious consumer also makes intelligent decisions when making purchases and recognizes the political, social, and environmental impact of the things they use. Due to consumer demand for green packaging options, the market for liquid packaging cartons is also growing. The packaging business has the greatest environmental effect, which explains why. As a result, the need for green packaging solutions is driving the market's growth.
Restraint:
Limited applications
Brick carton packaging works well for liquid and semi-liquid items, although it might not be appropriate for all products. Because of its usage restrictions, its commercial potential is constrained. Due to their particular design, brick cartons are subject to various size restrictions. Their use may be limited for goods that need bigger or irregular package sizes as a result thus impeding the growth of the market.
Opportunity:
Reusable nature of packaging materials
The ability of the packaging material to be reused has an impact on the market's growth as well. The packing materials are also kept in use for a very long period. Over the course of the projected period, the need for reusable packaging materials will increase because in the e-commerce industry, packaged items must be protected from tampering or damage. In addition due to the increased demand for food and drink in emerging countries, the only option available to manufacturers since it is more reasonably priced which lowers the overall cost of production.
Threat:
Variations in the cost of raw materials
Due to fluctuations in the price of raw materials like cellulose fiber and wood pulp caused by a demand-supply imbalance, the growth of the brick carton packaging industry and the market for paperboard packaging is anticipated to suffer. The manufacturers' profit margins in the paper and paperboard packaging market are significantly reduced as a result of this aspect, which might impede the market's expansion during the projected period.
Covid-19 Impact
Contactless delivery has also become a new concept at COVID-19. Pioneers in ecological packaging, whose frictionless supply of letterbox- and climate-friendly flat wine bottles has seen a high demand, might adapt to these new norms. The requirement for glass vials or containers for storage has also grown as a result of the COVID-19 vaccines' quick manufacture. Because they are resistant to shocks and temperature fluctuations, the business claims that 90% of approved immunizations utilize their carton packaging thus enhancing the growth of the market.
The aluminium segment is expected to be the largest during the forecast period
The aluminium segment is estimated to have a lucrative growth, due to its recyclability endlessly without losing any quality. Aluminum is practical since it can be used as a cooking tray, evenly distributes heat, can withstand temperatures between -40°C and 350°C, and improves logistics owing to its lighter weight than plastic. Along with other industries like construction and transportation, the food industry has long utilized aluminum as a common commodity. Moreover, metallised packaging, also known as metallised PET, first became a significant rival to aluminum packaging a few years ago.
The food and beverage segment is expected to have the highest CAGR during the forecast period
There is a rise in the manufacturing of frozen items, the food and beverage category is predicted to see the highest CAGR growth over the course of the projected year. The same strength, moisture resistance, and durability of plastic may be achieved by paper alternatives employing sustainable strengthening techniques, such as water-based coatings. The pre-packaged food business is likewise phasing out plastic straws and cutlery in favor of paper- and wood-based substitutes. In addition, increasing youthful population and changes in lifestyle result in a greater demand for branded and packaged goods are enhancing the market.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the recent entry by major beverage firms into China and India's marketplaces has greatly improved sales for the Asia-Pacific liquid carton packaging industry. Another element driving up the need for liquid carton packaging is the growing use of packaged beverages by millennials, including dairy products, soft drinks, and juices. Favorable government initiatives to reduce carbon footprints and develop sustainable packaging have further enhanced the market for liquid carton packaging in the Asia-Pacific region.
Region with highest CAGR:
Europe is projected to have the highest CAGR over the forecast period, due to the liquid packing cartons may easily be made from natural textiles, which are widely accessible and are predicted to become more so in this region. Additionally, from the perspectives of producers and customers, liquid packing cartons are being employed more often in commercial and institutional contexts. Additionally, the U.K. Brick Carton Packaging market grew at the highest rate in the European area, with the German Brick Carton Packaging market having the greatest market share.
Key players in the market
Some of the key players profiled in the Brick Carton Packaging Market include Amcor Limited, Elopak S.A, International Paper, Lami Packaging (Kunshan) Co. Ltd., Mondi Limited, Nampak Limited, Nippon Paper Industries Co. Ltd., Polyoak Packaging Group (Pty) Ltd., Refresco Gerber B.V., Reynolds Group Holdings, Saxon Packaging Limited, Sealed Air, Shanghai Skylong Aspetic Package Material Co., Ltd., SIG Combibloc Obeikan Company Limited, Smurfit Kappa and Tetra Pak International SA
Key Developments:
In July 2023, Amcor launches AmFiber™ Performance Paper in Latin America; AmFiber™ Performance Paper packaging is now available to customers in Latin America seeking a high barrier, recyclable paper-based packaging solution.
In June 2023, Britvic launches Robinsons super strength squash in Pure-Pak® cartons, Robinson’s super strength squash is the first in the dilutable category to choose cartons in the UK- opening up a new market for Elopak in this category and region.
In May 2023, Amcor, Delterra, Mars and P&G form strategic partnership to tackle plastic waste & develop circular economy these global leaders will work together to scale upstream and downstream solutions for a circular plastics economy, jointly committing $6 million USD over five years.
Material Types Covered:
• Plastic Brick Carton Packaging
• Paperboard Brick Carton Packaging
• Aluminium Brick Carton Packaging
Type of Openings Covered:
• Straw Hole
• Cut
• Clip
• Twist
• King Twist
End Users Covered:
• Chemicals
• Cosmetics
• Food & Beverage
• Nutraceutical
• Pharmaceutical
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Brick Carton Packaging Market, By Material Type
5.1 Introduction
5.2 Plastic
5.3 Paperboard
5.3.1 Unbleached
5.3.2 Bleached
5.4 Aluminium
6 Global Brick Carton Packaging Market, By Type of Opening
6.1 Introduction
6.2 Straw Hole
6.3 Cut
6.4 Clip
6.5 Twist
6.6 King Twist
7 Global Brick Carton Packaging Market, By End User
7.1 Introduction
7.2 Chemicals
7.3 Cosmetics
7.4 Food & Beverage
7.5 Nutraceutical
7.6 Pharmaceutical
7.7 Other End Users
8 Global Brick Carton Packaging Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Amcor Limited
10.2 Elopak S.A
10.3 International Paper
10.4 Lami Packaging (Kunshan) Co. Ltd.
10.5 Mondi Limited
10.6 Nampak Limited
10.7 Nippon Paper Industries Co. Ltd.
10.8 Polyoak Packaging Group (Pty) Ltd.
10.9 Refresco Gerber B.V.
10.10 Reynolds Group Holdings
10.11 Saxon Packaging Limited
10.12 Sealed Air
10.13 Shanghai Skylong Aspetic Package Material Co., Ltd.
10.14 SIG Combibloc Obeikan Company Limited
10.15 Smurfit Kappa
10.16 Tetra Pak International SA
List of Tables
1 Global Brick Carton Packaging Market Outlook, By Region (2021-2030) ($MN)
2 Global Brick Carton Packaging Market Outlook, By Material Type (2021-2030) ($MN)
3 Global Brick Carton Packaging Market Outlook, By Plastic (2021-2030) ($MN)
4 Global Brick Carton Packaging Market Outlook, By Paperboard (2021-2030) ($MN)
5 Global Brick Carton Packaging Market Outlook, By Unbleached (2021-2030) ($MN)
6 Global Brick Carton Packaging Market Outlook, By Bleached (2021-2030) ($MN)
7 Global Brick Carton Packaging Market Outlook, By Aluminium (2021-2030) ($MN)
8 Global Brick Carton Packaging Market Outlook, By Type of Opening (2021-2030) ($MN)
9 Global Brick Carton Packaging Market Outlook, By Straw Hole (2021-2030) ($MN)
10 Global Brick Carton Packaging Market Outlook, By Cut (2021-2030) ($MN)
11 Global Brick Carton Packaging Market Outlook, By Clip (2021-2030) ($MN)
12 Global Brick Carton Packaging Market Outlook, By Twist (2021-2030) ($MN)
13 Global Brick Carton Packaging Market Outlook, By King Twist (2021-2030) ($MN)
14 Global Brick Carton Packaging Market Outlook, By End User (2021-2030) ($MN)
15 Global Brick Carton Packaging Market Outlook, By Chemicals (2021-2030) ($MN)
16 Global Brick Carton Packaging Market Outlook, By Cosmetics (2021-2030) ($MN)
17 Global Brick Carton Packaging Market Outlook, By Food & Beverage (2021-2030) ($MN)
18 Global Brick Carton Packaging Market Outlook, By Nutraceutical (2021-2030) ($MN)
19 Global Brick Carton Packaging Market Outlook, By Pharmaceutical (2021-2030) ($MN)
20 Global Brick Carton Packaging Market Outlook, By Other End Users (2021-2030) ($MN)
21 North America Brick Carton Packaging Market Outlook, By Country (2021-2030) ($MN)
22 North America Brick Carton Packaging Market Outlook, By Material Type (2021-2030) ($MN)
23 North America Brick Carton Packaging Market Outlook, By Plastic (2021-2030) ($MN)
24 North America Brick Carton Packaging Market Outlook, By Paperboard (2021-2030) ($MN)
25 North America Brick Carton Packaging Market Outlook, By Unbleached (2021-2030) ($MN)
26 North America Brick Carton Packaging Market Outlook, By Bleached (2021-2030) ($MN)
27 North America Brick Carton Packaging Market Outlook, By Aluminium (2021-2030) ($MN)
28 North America Brick Carton Packaging Market Outlook, By Type of Opening (2021-2030) ($MN)
29 North America Brick Carton Packaging Market Outlook, By Straw Hole (2021-2030) ($MN)
30 North America Brick Carton Packaging Market Outlook, By Cut (2021-2030) ($MN)
31 North America Brick Carton Packaging Market Outlook, By Clip (2021-2030) ($MN)
32 North America Brick Carton Packaging Market Outlook, By Twist (2021-2030) ($MN)
33 North America Brick Carton Packaging Market Outlook, By King Twist (2021-2030) ($MN)
34 North America Brick Carton Packaging Market Outlook, By End User (2021-2030) ($MN)
35 North America Brick Carton Packaging Market Outlook, By Chemicals (2021-2030) ($MN)
36 North America Brick Carton Packaging Market Outlook, By Cosmetics (2021-2030) ($MN)
37 North America Brick Carton Packaging Market Outlook, By Food & Beverage (2021-2030) ($MN)
38 North America Brick Carton Packaging Market Outlook, By Nutraceutical (2021-2030) ($MN)
39 North America Brick Carton Packaging Market Outlook, By Pharmaceutical (2021-2030) ($MN)
40 North America Brick Carton Packaging Market Outlook, By Other End Users (2021-2030) ($MN)
41 Europe Brick Carton Packaging Market Outlook, By Country (2021-2030) ($MN)
42 Europe Brick Carton Packaging Market Outlook, By Material Type (2021-2030) ($MN)
43 Europe Brick Carton Packaging Market Outlook, By Plastic (2021-2030) ($MN)
44 Europe Brick Carton Packaging Market Outlook, By Paperboard (2021-2030) ($MN)
45 Europe Brick Carton Packaging Market Outlook, By Unbleached (2021-2030) ($MN)
46 Europe Brick Carton Packaging Market Outlook, By Bleached (2021-2030) ($MN)
47 Europe Brick Carton Packaging Market Outlook, By Aluminium (2021-2030) ($MN)
48 Europe Brick Carton Packaging Market Outlook, By Type of Opening (2021-2030) ($MN)
49 Europe Brick Carton Packaging Market Outlook, By Straw Hole (2021-2030) ($MN)
50 Europe Brick Carton Packaging Market Outlook, By Cut (2021-2030) ($MN)
51 Europe Brick Carton Packaging Market Outlook, By Clip (2021-2030) ($MN)
52 Europe Brick Carton Packaging Market Outlook, By Twist (2021-2030) ($MN)
53 Europe Brick Carton Packaging Market Outlook, By King Twist (2021-2030) ($MN)
54 Europe Brick Carton Packaging Market Outlook, By End User (2021-2030) ($MN)
55 Europe Brick Carton Packaging Market Outlook, By Chemicals (2021-2030) ($MN)
56 Europe Brick Carton Packaging Market Outlook, By Cosmetics (2021-2030) ($MN)
57 Europe Brick Carton Packaging Market Outlook, By Food & Beverage (2021-2030) ($MN)
58 Europe Brick Carton Packaging Market Outlook, By Nutraceutical (2021-2030) ($MN)
59 Europe Brick Carton Packaging Market Outlook, By Pharmaceutical (2021-2030) ($MN)
60 Europe Brick Carton Packaging Market Outlook, By Other End Users (2021-2030) ($MN)
61 Asia Pacific Brick Carton Packaging Market Outlook, By Country (2021-2030) ($MN)
62 Asia Pacific Brick Carton Packaging Market Outlook, By Material Type (2021-2030) ($MN)
63 Asia Pacific Brick Carton Packaging Market Outlook, By Plastic (2021-2030) ($MN)
64 Asia Pacific Brick Carton Packaging Market Outlook, By Paperboard (2021-2030) ($MN)
65 Asia Pacific Brick Carton Packaging Market Outlook, By Unbleached (2021-2030) ($MN)
66 Asia Pacific Brick Carton Packaging Market Outlook, By Bleached (2021-2030) ($MN)
67 Asia Pacific Brick Carton Packaging Market Outlook, By Aluminium (2021-2030) ($MN)
68 Asia Pacific Brick Carton Packaging Market Outlook, By Type of Opening (2021-2030) ($MN)
69 Asia Pacific Brick Carton Packaging Market Outlook, By Straw Hole (2021-2030) ($MN)
70 Asia Pacific Brick Carton Packaging Market Outlook, By Cut (2021-2030) ($MN)
71 Asia Pacific Brick Carton Packaging Market Outlook, By Clip (2021-2030) ($MN)
72 Asia Pacific Brick Carton Packaging Market Outlook, By Twist (2021-2030) ($MN)
73 Asia Pacific Brick Carton Packaging Market Outlook, By King Twist (2021-2030) ($MN)
74 Asia Pacific Brick Carton Packaging Market Outlook, By End User (2021-2030) ($MN)
75 Asia Pacific Brick Carton Packaging Market Outlook, By Chemicals (2021-2030) ($MN)
76 Asia Pacific Brick Carton Packaging Market Outlook, By Cosmetics (2021-2030) ($MN)
77 Asia Pacific Brick Carton Packaging Market Outlook, By Food & Beverage (2021-2030) ($MN)
78 Asia Pacific Brick Carton Packaging Market Outlook, By Nutraceutical (2021-2030) ($MN)
79 Asia Pacific Brick Carton Packaging Market Outlook, By Pharmaceutical (2021-2030) ($MN)
80 Asia Pacific Brick Carton Packaging Market Outlook, By Other End Users (2021-2030) ($MN)
81 South America Brick Carton Packaging Market Outlook, By Country (2021-2030) ($MN)
82 South America Brick Carton Packaging Market Outlook, By Material Type (2021-2030) ($MN)
83 South America Brick Carton Packaging Market Outlook, By Plastic (2021-2030) ($MN)
84 South America Brick Carton Packaging Market Outlook, By Paperboard (2021-2030) ($MN)
85 South America Brick Carton Packaging Market Outlook, By Unbleached (2021-2030) ($MN)
86 South America Brick Carton Packaging Market Outlook, By Bleached (2021-2030) ($MN)
87 South America Brick Carton Packaging Market Outlook, By Aluminium (2021-2030) ($MN)
88 South America Brick Carton Packaging Market Outlook, By Type of Opening (2021-2030) ($MN)
89 South America Brick Carton Packaging Market Outlook, By Straw Hole (2021-2030) ($MN)
90 South America Brick Carton Packaging Market Outlook, By Cut (2021-2030) ($MN)
91 South America Brick Carton Packaging Market Outlook, By Clip (2021-2030) ($MN)
92 South America Brick Carton Packaging Market Outlook, By Twist (2021-2030) ($MN)
93 South America Brick Carton Packaging Market Outlook, By King Twist (2021-2030) ($MN)
94 South America Brick Carton Packaging Market Outlook, By End User (2021-2030) ($MN)
95 South America Brick Carton Packaging Market Outlook, By Chemicals (2021-2030) ($MN)
96 South America Brick Carton Packaging Market Outlook, By Cosmetics (2021-2030) ($MN)
97 South America Brick Carton Packaging Market Outlook, By Food & Beverage (2021-2030) ($MN)
98 South America Brick Carton Packaging Market Outlook, By Nutraceutical (2021-2030) ($MN)
99 South America Brick Carton Packaging Market Outlook, By Pharmaceutical (2021-2030) ($MN)
100 South America Brick Carton Packaging Market Outlook, By Other End Users (2021-2030) ($MN)
101 Middle East & Africa Brick Carton Packaging Market Outlook, By Country (2021-2030) ($MN)
102 Middle East & Africa Brick Carton Packaging Market Outlook, By Material Type (2021-2030) ($MN)
103 Middle East & Africa Brick Carton Packaging Market Outlook, By Plastic (2021-2030) ($MN)
104 Middle East & Africa Brick Carton Packaging Market Outlook, By Paperboard (2021-2030) ($MN)
105 Middle East & Africa Brick Carton Packaging Market Outlook, By Unbleached (2021-2030) ($MN)
106 Middle East & Africa Brick Carton Packaging Market Outlook, By Bleached (2021-2030) ($MN)
107 Middle East & Africa Brick Carton Packaging Market Outlook, By Aluminium (2021-2030) ($MN)
108 Middle East & Africa Brick Carton Packaging Market Outlook, By Type of Opening (2021-2030) ($MN)
109 Middle East & Africa Brick Carton Packaging Market Outlook, By Straw Hole (2021-2030) ($MN)
110 Middle East & Africa Brick Carton Packaging Market Outlook, By Cut (2021-2030) ($MN)
111 Middle East & Africa Brick Carton Packaging Market Outlook, By Clip (2021-2030) ($MN)
112 Middle East & Africa Brick Carton Packaging Market Outlook, By Twist (2021-2030) ($MN)
113 Middle East & Africa Brick Carton Packaging Market Outlook, By King Twist (2021-2030) ($MN)
114 Middle East & Africa Brick Carton Packaging Market Outlook, By End User (2021-2030) ($MN)
115 Middle East & Africa Brick Carton Packaging Market Outlook, By Chemicals (2021-2030) ($MN)
116 Middle East & Africa Brick Carton Packaging Market Outlook, By Cosmetics (2021-2030) ($MN)
117 Middle East & Africa Brick Carton Packaging Market Outlook, By Food & Beverage (2021-2030) ($MN)
118 Middle East & Africa Brick Carton Packaging Market Outlook, By Nutraceutical (2021-2030) ($MN)
119 Middle East & Africa Brick Carton Packaging Market Outlook, By Pharmaceutical (2021-2030) ($MN)
120 Middle East & Africa Brick Carton Packaging Market Outlook, By Other End Users (2021-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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