Fiber Drums Market
Fiber Drums Market Forecasts to 2028 – Global Analysis By Closure Type (Fiber, Metal and Plastic), Liner (Foam, Polyethylene and Others), Capacity, Application (Upto 25 Gallons, 25-50 Gallons and Others), End User and By Geography
According to Stratistics MRC, the Global Fiber Drums Market is accounted for $480.84 million in 2020 and is expected to reach $937.21 million by 2028 growing at a CAGR of 8.7% during the forecast period. Increase in demand for secure food supplies, recyclability of fiber drums and growth in retail sector are driving the market growth. However, supply chain disruptions and incapability of forklifts to handle fiber drums are hampering the growth of the market.
Fiber drums are used for storing and shipping a wide range of products which include adhesives, dye and colorants, food products and flavorings, rolled sheet material as well as numerous chemicals. It is a cost-effective substitute to steel and plastic drums which are expensive. These drums are eco-friendly and completely recyclable in nature.
Based on the capacity, the 50-75 gallons segment is going to have lucrative growth during the forecast period which can be attributed to the increasing use of fiber drums included under this segment in the food & beverage industry across the globe.
By geography, North America is going to have high growth during the forecast period as the region is expected to provide ample opportunities to the market during the forecast period. The region has also witnessed major demand for fiber drums in sectors like construction, and building which is expected to the boost the market growth.
Some of the key players profiled in the Fiber Drums Market include Berlin Packaging, C.L Smith Company, Enviro-Pak, Inc., Fibre Drum Company, Fibrestar Drums Limited, Great Western Containers Inc., Grief Inc, Industrial Container Services, Inc., Mauser Group N.V., Milford Barrel Co Inc., Orlando Drum & Container Corporation, Patrick J. Kelly Drums, Schutz Container Systems, Inc., Sonoco Products Company and Three Rivers Packaging Inc.
Closure Types Covered:
• Fiber/Cardboard Closure
• Metal Closure
• Plastic Closure
Liners Covered:
• Aluminium Foil
• Foam
• Polyethylene
Capacities Covered:
• Upto 25 Gallons
• 25-50 Gallons
• 50-75 Gallons
• Above 75 Gallons
Applications Covered:
• Cable
• Grains
• Granules
• Hazardous waste
• Liquids
• Powders
• Tablets
End Users Covered:
• Agricultural
• Building & Construction
• Chemical
• Food & Beverages
• Pharmaceutical
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 2018, 2019, 2020, 2024 and 2027
- 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 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 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 Fiber Drums Market, By Closure Type
5.1 Introduction
5.2 Fiber/Cardboard Closure
5.3 Metal Closure
5.4 Plastic Closure
6 Global Fiber Drums Market, By Liner
6.1 Introduction
6.2 Aluminium Foil
6.3 Foam
6.4 Polyethylene
7 Global Fiber Drums Market, By Capacity
7.1 Introduction
7.2 Upto 25 Gallons
7.3 25-50 Gallons
7.4 50-75 Gallons
7.5 Above 75 Gallons
8 Global Fiber Drums Market, By Application
8.1 Introduction
8.2 Cable
8.3 Grains
8.4 Granules
8.5 Hazardous waste
8.6 Liquids
8.7 Powders
8.8 Tablets
9 Global Fiber Drums Market, By End User
9.1 Introduction
9.2 Agricultural
9.3 Building & Construction
9.4 Chemical
9.5 Food & Beverages
9.6 Pharmaceutical
10 Global Fiber Drums Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Berlin Packaging
12.2 C.L Smith Company
12.3 Enviro-Pak, Inc.
12.4 Fibre Drum Company
12.5 Fibrestar Drums Limited
12.6 Great Western Containers Inc.
12.7 Grief Inc
12.8 Industrial Container Services, Inc.
12.9 Mauser Group N.V.
12.10 Milford Barrel Co Inc.
12.11 Orlando Drum & Container Corporation
12.12 Patrick J. Kelly Drums
12.13 Schutz Container Systems, Inc.
12.14 Sonoco Products Company
12.15 Three Rivers Packaging Inc.
List of Tables
1 Global Fiber Drums Market Outlook, By Region (2019-2028) (US $MN)
2 Global Fiber Drums Market Outlook, By Closure Type (2019-2028) (US $MN)
3 Global Fiber Drums Market Outlook, By Fiber/Cardboard Closure (2019-2028) (US $MN)
4 Global Fiber Drums Market Outlook, By Metal Closure (2019-2028) (US $MN)
5 Global Fiber Drums Market Outlook, By Plastic Closure (2019-2028) (US $MN)
6 Global Fiber Drums Market Outlook, By Liner (2019-2028) (US $MN)
7 Global Fiber Drums Market Outlook, By Aluminium Foil (2019-2028) (US $MN)
8 Global Fiber Drums Market Outlook, By Foam (2019-2028) (US $MN)
9 Global Fiber Drums Market Outlook, By Polyethylene (2019-2028) (US $MN)
10 Global Fiber Drums Market Outlook, By Capacity (2019-2028) (US $MN)
11 Global Fiber Drums Market Outlook, By Upto 25 Gallons (2019-2028) (US $MN)
12 Global Fiber Drums Market Outlook, By 25-50 Gallons (2019-2028) (US $MN)
13 Global Fiber Drums Market Outlook, By 50-75 Gallons (2019-2028) (US $MN)
14 Global Fiber Drums Market Outlook, By Above 75 Gallons (2019-2028) (US $MN)
15 Global Fiber Drums Market Outlook, By Application (2019-2028) (US $MN)
16 Global Fiber Drums Market Outlook, By Cable (2019-2028) (US $MN)
17 Global Fiber Drums Market Outlook, By Grains (2019-2028) (US $MN)
18 Global Fiber Drums Market Outlook, By Granules (2019-2028) (US $MN)
19 Global Fiber Drums Market Outlook, By Hazardous waste (2019-2028) (US $MN)
20 Global Fiber Drums Market Outlook, By Liquids (2019-2028) (US $MN)
21 Global Fiber Drums Market Outlook, By Powders (2019-2028) (US $MN)
22 Global Fiber Drums Market Outlook, By Tablets (2019-2028) (US $MN)
23 Global Fiber Drums Market Outlook, By End User (2019-2028) (US $MN)
24 Global Fiber Drums Market Outlook, By Agricultural (2019-2028) (US $MN)
25 Global Fiber Drums Market Outlook, By Building & Construction (2019-2028) (US $MN)
26 Global Fiber Drums Market Outlook, By Chemical (2019-2028) (US $MN)
27 Global Fiber Drums Market Outlook, By Food & Beverages (2019-2028) (US $MN)
28 Global Fiber Drums Market Outlook, By Pharmaceutical (2019-2028) (US $MN)
29 North America Fiber Drums Market Outlook, By Country (2019-2028) (US $MN)
30 North America Fiber Drums Market Outlook, By Closure Type (2019-2028) (US $MN)
31 North America Fiber Drums Market Outlook, By Fiber/Cardboard Closure (2019-2028) (US $MN)
32 North America Fiber Drums Market Outlook, By Metal Closure (2019-2028) (US $MN)
33 North America Fiber Drums Market Outlook, By Plastic Closure (2019-2028) (US $MN)
34 North America Fiber Drums Market Outlook, By Liner (2019-2028) (US $MN)
35 North America Fiber Drums Market Outlook, By Aluminium Foil (2019-2028) (US $MN)
36 North America Fiber Drums Market Outlook, By Foam (2019-2028) (US $MN)
37 North America Fiber Drums Market Outlook, By Polyethylene (2019-2028) (US $MN)
38 North America Fiber Drums Market Outlook, By Capacity (2019-2028) (US $MN)
39 North America Fiber Drums Market Outlook, By Upto 25 Gallons (2019-2028) (US $MN)
40 North America Fiber Drums Market Outlook, By 25-50 Gallons (2019-2028) (US $MN)
41 North America Fiber Drums Market Outlook, By 50-75 Gallons (2019-2028) (US $MN)
42 North America Fiber Drums Market Outlook, By Above 75 Gallons (2019-2028) (US $MN)
43 North America Fiber Drums Market Outlook, By Application (2019-2028) (US $MN)
44 North America Fiber Drums Market Outlook, By Cable (2019-2028) (US $MN)
45 North America Fiber Drums Market Outlook, By Grains (2019-2028) (US $MN)
46 North America Fiber Drums Market Outlook, By Granules (2019-2028) (US $MN)
47 North America Fiber Drums Market Outlook, By Hazardous waste (2019-2028) (US $MN)
48 North America Fiber Drums Market Outlook, By Liquids (2019-2028) (US $MN)
49 North America Fiber Drums Market Outlook, By Powders (2019-2028) (US $MN)
50 North America Fiber Drums Market Outlook, By Tablets (2019-2028) (US $MN)
51 North America Fiber Drums Market Outlook, By End User (2019-2028) (US $MN)
52 North America Fiber Drums Market Outlook, By Agricultural (2019-2028) (US $MN)
53 North America Fiber Drums Market Outlook, By Building & Construction (2019-2028) (US $MN)
54 North America Fiber Drums Market Outlook, By Chemical (2019-2028) (US $MN)
55 North America Fiber Drums Market Outlook, By Food & Beverages (2019-2028) (US $MN)
56 North America Fiber Drums Market Outlook, By Pharmaceutical (2019-2028) (US $MN)
57 Europe Fiber Drums Market Outlook, By Country (2019-2028) (US $MN)
58 Europe Fiber Drums Market Outlook, By Closure Type (2019-2028) (US $MN)
59 Europe Fiber Drums Market Outlook, By Fiber/Cardboard Closure (2019-2028) (US $MN)
60 Europe Fiber Drums Market Outlook, By Metal Closure (2019-2028) (US $MN)
61 Europe Fiber Drums Market Outlook, By Plastic Closure (2019-2028) (US $MN)
62 Europe Fiber Drums Market Outlook, By Liner (2019-2028) (US $MN)
63 Europe Fiber Drums Market Outlook, By Aluminium Foil (2019-2028) (US $MN)
64 Europe Fiber Drums Market Outlook, By Foam (2019-2028) (US $MN)
65 Europe Fiber Drums Market Outlook, By Polyethylene (2019-2028) (US $MN)
66 Europe Fiber Drums Market Outlook, By Capacity (2019-2028) (US $MN)
67 Europe Fiber Drums Market Outlook, By Upto 25 Gallons (2019-2028) (US $MN)
68 Europe Fiber Drums Market Outlook, By 25-50 Gallons (2019-2028) (US $MN)
69 Europe Fiber Drums Market Outlook, By 50-75 Gallons (2019-2028) (US $MN)
70 Europe Fiber Drums Market Outlook, By Above 75 Gallons (2019-2028) (US $MN)
71 Europe Fiber Drums Market Outlook, By Application (2019-2028) (US $MN)
72 Europe Fiber Drums Market Outlook, By Cable (2019-2028) (US $MN)
73 Europe Fiber Drums Market Outlook, By Grains (2019-2028) (US $MN)
74 Europe Fiber Drums Market Outlook, By Granules (2019-2028) (US $MN)
75 Europe Fiber Drums Market Outlook, By Hazardous waste (2019-2028) (US $MN)
76 Europe Fiber Drums Market Outlook, By Liquids (2019-2028) (US $MN)
77 Europe Fiber Drums Market Outlook, By Powders (2019-2028) (US $MN)
78 Europe Fiber Drums Market Outlook, By Tablets (2019-2028) (US $MN)
79 Europe Fiber Drums Market Outlook, By End User (2019-2028) (US $MN)
80 Europe Fiber Drums Market Outlook, By Agricultural (2019-2028) (US $MN)
81 Europe Fiber Drums Market Outlook, By Building & Construction (2019-2028) (US $MN)
82 Europe Fiber Drums Market Outlook, By Chemical (2019-2028) (US $MN)
83 Europe Fiber Drums Market Outlook, By Food & Beverages (2019-2028) (US $MN)
84 Europe Fiber Drums Market Outlook, By Pharmaceutical (2019-2028) (US $MN)
85 Asia Pacific Fiber Drums Market Outlook, By Country (2019-2028) (US $MN)
86 Asia Pacific Fiber Drums Market Outlook, By Closure Type (2019-2028) (US $MN)
87 Asia Pacific Fiber Drums Market Outlook, By Fiber/Cardboard Closure (2019-2028) (US $MN)
88 Asia Pacific Fiber Drums Market Outlook, By Metal Closure (2019-2028) (US $MN)
89 Asia Pacific Fiber Drums Market Outlook, By Plastic Closure (2019-2028) (US $MN)
90 Asia Pacific Fiber Drums Market Outlook, By Liner (2019-2028) (US $MN)
91 Asia Pacific Fiber Drums Market Outlook, By Aluminium Foil (2019-2028) (US $MN)
92 Asia Pacific Fiber Drums Market Outlook, By Foam (2019-2028) (US $MN)
93 Asia Pacific Fiber Drums Market Outlook, By Polyethylene (2019-2028) (US $MN)
94 Asia Pacific Fiber Drums Market Outlook, By Capacity (2019-2028) (US $MN)
95 Asia Pacific Fiber Drums Market Outlook, By Upto 25 Gallons (2019-2028) (US $MN)
96 Asia Pacific Fiber Drums Market Outlook, By 25-50 Gallons (2019-2028) (US $MN)
97 Asia Pacific Fiber Drums Market Outlook, By 50-75 Gallons (2019-2028) (US $MN)
98 Asia Pacific Fiber Drums Market Outlook, By Above 75 Gallons (2019-2028) (US $MN)
99 Asia Pacific Fiber Drums Market Outlook, By Application (2019-2028) (US $MN)
100 Asia Pacific Fiber Drums Market Outlook, By Cable (2019-2028) (US $MN)
101 Asia Pacific Fiber Drums Market Outlook, By Grains (2019-2028) (US $MN)
102 Asia Pacific Fiber Drums Market Outlook, By Granules (2019-2028) (US $MN)
103 Asia Pacific Fiber Drums Market Outlook, By Hazardous waste (2019-2028) (US $MN)
104 Asia Pacific Fiber Drums Market Outlook, By Liquids (2019-2028) (US $MN)
105 Asia Pacific Fiber Drums Market Outlook, By Powders (2019-2028) (US $MN)
106 Asia Pacific Fiber Drums Market Outlook, By Tablets (2019-2028) (US $MN)
107 Asia Pacific Fiber Drums Market Outlook, By End User (2019-2028) (US $MN)
108 Asia Pacific Fiber Drums Market Outlook, By Agricultural (2019-2028) (US $MN)
109 Asia Pacific Fiber Drums Market Outlook, By Building & Construction (2019-2028) (US $MN)
110 Asia Pacific Fiber Drums Market Outlook, By Chemical (2019-2028) (US $MN)
111 Asia Pacific Fiber Drums Market Outlook, By Food & Beverages (2019-2028) (US $MN)
112 Asia Pacific Fiber Drums Market Outlook, By Pharmaceutical (2019-2028) (US $MN)
113 South America Fiber Drums Market Outlook, By Country (2019-2028) (US $MN)
114 South America Fiber Drums Market Outlook, By Closure Type (2019-2028) (US $MN)
115 South America Fiber Drums Market Outlook, By Fiber/Cardboard Closure (2019-2028) (US $MN)
116 South America Fiber Drums Market Outlook, By Metal Closure (2019-2028) (US $MN)
117 South America Fiber Drums Market Outlook, By Plastic Closure (2019-2028) (US $MN)
118 South America Fiber Drums Market Outlook, By Liner (2019-2028) (US $MN)
119 South America Fiber Drums Market Outlook, By Aluminium Foil (2019-2028) (US $MN)
120 South America Fiber Drums Market Outlook, By Foam (2019-2028) (US $MN)
121 South America Fiber Drums Market Outlook, By Polyethylene (2019-2028) (US $MN)
122 South America Fiber Drums Market Outlook, By Capacity (2019-2028) (US $MN)
123 South America Fiber Drums Market Outlook, By Upto 25 Gallons (2019-2028) (US $MN)
124 South America Fiber Drums Market Outlook, By 25-50 Gallons (2019-2028) (US $MN)
125 South America Fiber Drums Market Outlook, By 50-75 Gallons (2019-2028) (US $MN)
126 South America Fiber Drums Market Outlook, By Above 75 Gallons (2019-2028) (US $MN)
127 South America Fiber Drums Market Outlook, By Application (2019-2028) (US $MN)
128 South America Fiber Drums Market Outlook, By Cable (2019-2028) (US $MN)
129 South America Fiber Drums Market Outlook, By Grains (2019-2028) (US $MN)
130 South America Fiber Drums Market Outlook, By Granules (2019-2028) (US $MN)
131 South America Fiber Drums Market Outlook, By Hazardous waste (2019-2028) (US $MN)
132 South America Fiber Drums Market Outlook, By Liquids (2019-2028) (US $MN)
133 South America Fiber Drums Market Outlook, By Powders (2019-2028) (US $MN)
134 South America Fiber Drums Market Outlook, By Tablets (2019-2028) (US $MN)
135 South America Fiber Drums Market Outlook, By End User (2019-2028) (US $MN)
136 South America Fiber Drums Market Outlook, By Agricultural (2019-2028) (US $MN)
137 South America Fiber Drums Market Outlook, By Building & Construction (2019-2028) (US $MN)
138 South America Fiber Drums Market Outlook, By Chemical (2019-2028) (US $MN)
139 South America Fiber Drums Market Outlook, By Food & Beverages (2019-2028) (US $MN)
140 South America Fiber Drums Market Outlook, By Pharmaceutical (2019-2028) (US $MN)
141 Middle East & Africa Fiber Drums Market Outlook, By Country (2019-2028) (US $MN)
142 Middle East & Africa Fiber Drums Market Outlook, By Closure Type (2019-2028) (US $MN)
143 Middle East & Africa Fiber Drums Market Outlook, By Fiber/Cardboard Closure (2019-2028) (US $MN)
144 Middle East & Africa Fiber Drums Market Outlook, By Metal Closure (2019-2028) (US $MN)
145 Middle East & Africa Fiber Drums Market Outlook, By Plastic Closure (2019-2028) (US $MN)
146 Middle East & Africa Fiber Drums Market Outlook, By Liner (2019-2028) (US $MN)
147 Middle East & Africa Fiber Drums Market Outlook, By Aluminium Foil (2019-2028) (US $MN)
148 Middle East & Africa Fiber Drums Market Outlook, By Foam (2019-2028) (US $MN)
149 Middle East & Africa Fiber Drums Market Outlook, By Polyethylene (2019-2028) (US $MN)
150 Middle East & Africa Fiber Drums Market Outlook, By Capacity (2019-2028) (US $MN)
151 Middle East & Africa Fiber Drums Market Outlook, By Upto 25 Gallons (2019-2028) (US $MN)
152 Middle East & Africa Fiber Drums Market Outlook, By 25-50 Gallons (2019-2028) (US $MN)
153 Middle East & Africa Fiber Drums Market Outlook, By 50-75 Gallons (2019-2028) (US $MN)
154 Middle East & Africa Fiber Drums Market Outlook, By Above 75 Gallons (2019-2028) (US $MN)
155 Middle East & Africa Fiber Drums Market Outlook, By Application (2019-2028) (US $MN)
156 Middle East & Africa Fiber Drums Market Outlook, By Cable (2019-2028) (US $MN)
157 Middle East & Africa Fiber Drums Market Outlook, By Grains (2019-2028) (US $MN)
158 Middle East & Africa Fiber Drums Market Outlook, By Granules (2019-2028) (US $MN)
159 Middle East & Africa Fiber Drums Market Outlook, By Hazardous waste (2019-2028) (US $MN)
160 Middle East & Africa Fiber Drums Market Outlook, By Liquids (2019-2028) (US $MN)
161 Middle East & Africa Fiber Drums Market Outlook, By Powders (2019-2028) (US $MN)
162 Middle East & Africa Fiber Drums Market Outlook, By Tablets (2019-2028) (US $MN)
163 Middle East & Africa Fiber Drums Market Outlook, By End User (2019-2028) (US $MN)
164 Middle East & Africa Fiber Drums Market Outlook, By Agricultural (2019-2028) (US $MN)
165 Middle East & Africa Fiber Drums Market Outlook, By Building & Construction (2019-2028) (US $MN)
166 Middle East & Africa Fiber Drums Market Outlook, By Chemical (2019-2028) (US $MN)
167 Middle East & Africa Fiber Drums Market Outlook, By Food & Beverages (2019-2028) (US $MN)
168 Middle East & Africa Fiber Drums Market Outlook, By Pharmaceutical (2019-2028) (US $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.
For more details about research methodology, kindly write to us at info@strategymrc.com
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