Pet Care Services Market
Pet Care Services Market Forecasts to 2028 - Global Analysis By Pets (Dogs, Cats and Other Pets), By Service Type (Pet Boarding, Long term, Short term and Other Service Types), By Delivery Channel (Commercial facilities, Mobile/Outdoors and Other Delivery Channels) and Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $10.31 BN |
|
Projected Year Value (2028) |
US $17.32BN |
|
CAGR (2022 - 2028) |
8.92% |
|
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 |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Pet Care Services Market is accounted for $10.31 billion in 2022 and is expected to reach $17.32 billion by 2028 growing at a CAGR of 8.92% during the forecast period. Pet care services encompass a wide range of pet services such as veterinary, grooming, daycare, boarding, training, pet walking, and pet sitting. Domestic pets are becoming increasingly important in households around the world, and as a result, the market is spending more on pet care activities such as pet food, pet toys, pet treatment, pet hygiene, and pet health.
According to National Pet Owner's Survey (2020-2021) conducted by the American Pet Products Association (APPA), in the United States, almost 90.5 million households have a pet, and over the last 30 years, pet ownership has gone from 56.0% to 68.0% of all households. The increase in pet care spending has resulted in a significant increase in products and services, which is driving market growth.
Market Dynamics:
Driver:
Increase in the Number of Pet Owners and Increase in Pet Spending
The surge in pet care spending has resulted in a significant increase in products and services aimed at elite pet owners. As they are considered good companions for the elderly, the growing ageing population in developed countries is driving the growth of the global pet day-care and lodging market. Customers prefer customization because it adds a personal touch to the pet, and this factor is expected to play a significant role in the growth of market. The introduction of advanced cost-effective and customised services, rising concerns about pet care and an increase in animal health-care expenditure are all driving up demand for pet care services around the world.
Restraint:
High Pet Care Costs
Because of the availability of effective medical treatment, pet life expectancy has increased significantly over the years. These pet care drugs and medical procedures are generally associated with high costs. Furthermore, the market dynamics are expected to be influenced by a lack of awareness about pet diseases and pet care products, as well as a weakened animal healthcare infrastructure.
Opportunity:
Introduction of Personalized Pet Grooming Services
More environmentally friendly pet items will be introduced to the market throughout the forecasted period as the emphasis on climate change grows. Pet owners are becoming more aware of their pets' carbon "pawprint." Furthermore, nearly half of millennials and Gen Z prefer companies that are environmentally friendly. The increasing popularity of pet fashion among pet owners has a positive impact on the industry. Some dog owners are very particular about how their dogs represent their lifestyles by being provided with comfortable and luxurious items. This forces competitors in the market to launch a flurry of novel and personalised pet grooming service products, which is expected to result in significant market growth during the forecast period.
Threat:
Occurrence of Animal borne diseases
The unexpected occurrence of animal-borne diseases, such as stomach discomfort, diarrhea, and other symptoms, to owners as a result of their dogs' filthy living habits is expected to dampen market growth. This is attributable to the fact that pets' unsanitary living habits can spread these illnesses to their owners. Pet adoption may suffer as a result of such diseases. Additionally, companies' profit margins are expected to be hampered by ambiguous legislation governing the labelling and promotion of pet care services.
Covid-19 Impact
The pet services industry declined as a result of the COVID-19 epidemic, particularly in 2020. This negative impact is primarily the result of pet service closures and restricted access as a result of social distancing norms and lockdowns. According to PocketSuite, a mobile-first business management app for pet service providers, key players saw a significant drop in appointments and payment volume at the start of the epidemic. According to the American Pet Products Association (APPA), pet parents in the United States spent approximately USD 9.5 billion in 2020 on services such as boarding, grooming, insurance, training, pet sitting, and pet walking, a 3.9%. Because of the frequent lockdowns, people stayed mostly at home and took good care of their pets. This increased demand for pet services and products, resulting in substantial market growth.
The Dogs segment is expected to be the largest during the forecast period
Dogs segment is expected to be the largest during the forecast period due to Increased pet ownership, pet expenditure, pet humanization, and premiumization of pet products and services. Other factors contributing to the growth of the Asia Pacific pet care service market include increased veterinarian health consciousness, an increase in the number of government animal healthcare organisations, and increased pet ownership.
The Pet Grooming segment is expected to have the highest CAGR during the forecast period
The pet grooming segment is expected to grow at the fastest CAGR during the forecast period, owing to rising demand for premium pet services and key company initiatives. Pet owners, especially the wealthy, place a high value on showing off their lifestyles by purchasing comfortable and luxurious items for their pets. Many competitors in the market are responding by launching a slew of new grooming and accessory products. Furthermore, increasing the working population in all regions boosts market expansion.
Region with largest share:
North America is expected to have the largest share during the forecast period due to the presence of key service providers, the adoption of various strategic initiatives to increase market penetration, and rising pet expenditures, all of which contribute to the region's growth. The growing number of working women in the region, as well as the growing popularity of pet humanization, are driving the region's high demand for premium pet care services. Moreover, some pet owners take great care to represent their lifestyles by purchasing comfortable and luxurious products for their pets. This encourages market competitors to launch a slew of new and customised products in North America.
Region with highest CAGR:
The Asia Pacific region is expected to grow at the fastest CAGR during the forecast period. This is due to the region's growing pet population, the availability of pet service providers, and rising disposable income in key markets, all of which present lucrative opportunities. China is Asia Pacific's largest market for pet care services, followed by Japan. The Asia Pacific pet care service market is expanding due to factors such as increased awareness of animal welfare and the region's growing number of nuclear families.
Key players in the market
Some of the key players profiled in the Pet Care Services Market include Pets at Home, Inc, Wag Labs, Inc., Highland Canine Training, LLC, Dogtopia Enterprises, Pooch Dog SPA, Pawz and Company, AirPets International, Paradise 4 Paws, LLC, Mars Incorporated, PETCO, Best Friends Pet Care, Alpha Pet Care, We Love Pets, Zen Pet Care, T & T Pet Services and Place for Rover, Inc.
Key Developments:
In September 2021, We Love Pets has expanded its operations by launching 3 new franchises at the Cambridge, Billericay, and Maidstone branches, ultimately expanding the company’s service areas.
In July 2021, Rover was acquired by Nebula Caravel Acquisition Corp. This acquisition is to have better access to various stakeholders that would subsequently increase its market position in the industry.
In October 2019, PetSmart launched a new doggie day camp format, which is transforming its current off-leash all-day playgroups into a structured play program format called The Ultimate Experience. This new trend of service by major players is making pet owners try these new services for their pets.
Pets Covered:
• Dogs
• Cats
• Other Pets
Service Types Covered:
• Pet Boarding
• Long term
• Short term
• Pet Transportation
• Pet Walking
• Pet Training
• Pet Grooming
• Other Service Types
Delivery Channels Covered:
• Commercial facilities
• Mobile/Outdoors
• Other Delivery Channels
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 2020, 2021, 2022, 2025, and 2028
- 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 Emerging Markets
3.7 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 Pet Care Services Market, By Pets
5.1 Introduction
5.2 Dogs
5.2.1 Small Breeds
5.2.2 Medium Breeds
5.2.3 Large Breeds
5.3 Cats
5.4 Other Pets
6 Global Pet Care Services Market, By Service Type
6.1 Introduction
6.2 Pet Boarding
6.3 Long term
6.4 Short term
6.5 Pet Transportation
6.6 Pet Walking
6.7 Pet Training
6.8 Pet Grooming
6.9 Other Service types
7 Global Pet Care Services Market, Delivery Channel
7.1 Introduction
7.2 Commercial facilities
7.3 Mobile/Outdoors
7.4 Other Delivery Channels
8 Global Pet Care Services 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 Pets at Home, Inc
10.2 Wag Labs, Inc.
10.3 Highland Canine Training, LLC
10.4 Dogtopia Enterprises
10.5 Pooch Dog SPA
10.6 Pawz and Company
10.7 AirPets International
10.8 Paradise 4 Paws, LLC
10.9 Mars Incorporated
10.10 PETCO
10.11 Best Friends Pet Care
10.12 Alpha Pet Care
10.13 We Love Pets
10.14 Zen Pet Care
10.15 T & T Pet Services
10.16 Place for Rover, Inc
List of Tables
1 Global Pet Care Services Market Outlook, By Region (2020-2028) ($MN)
2 Global Pet Care Services Market Outlook, By Pets (2020-2028) ($MN)
3 Global Pet Care Services Market Outlook, By Dogs (2020-2028) ($MN)
4 Global Pet Care Services Market Outlook, By Small Breeds (2020-2028) ($MN)
5 Global Pet Care Services Market Outlook, By Medium Breeds (2020-2028) ($MN)
6 Global Pet Care Services Market Outlook, By Large Breeds (2020-2028) ($MN)
7 Global Pet Care Services Market Outlook, By Cats (2020-2028) ($MN)
8 Global Pet Care Services Market Outlook, By Other Pets (2020-2028) ($MN)
9 Global Pet Care Services Market Outlook, By Service Type (2020-2028) ($MN)
10 Global Pet Care Services Market Outlook, By Pet Boarding (2020-2028) ($MN)
11 Global Pet Care Services Market Outlook, By Long term (2020-2028) ($MN)
12 Global Pet Care Services Market Outlook, By Short term (2020-2028) ($MN)
13 Global Pet Care Services Market Outlook, By Pet Transportation (2020-2028) ($MN)
14 Global Pet Care Services Market Outlook, By Pet Walking (2020-2028) ($MN)
15 Global Pet Care Services Market Outlook, By Pet Training (2020-2028) ($MN)
16 Global Pet Care Services Market Outlook, By Pet Grooming (2020-2028) ($MN)
17 Global Pet Care Services Market Outlook, By Other Service types (2020-2028) ($MN)
18 Global Pet Care Services Market Outlook, By Delivery Channel (2020-2028) ($MN)
19 Global Pet Care Services Market Outlook, By Commercial facilities (2020-2028) ($MN)
20 Global Pet Care Services Market Outlook, By Mobile/Outdoors (2020-2028) ($MN)
21 Global Pet Care Services Market Outlook, By Other Delivery Channels (2020-2028) ($MN)
22 North America Pet Care Services Market Outlook, By Country (2020-2028) ($MN)
23 North America Pet Care Services Market Outlook, By Pets (2020-2028) ($MN)
24 North America Pet Care Services Market Outlook, By Dogs (2020-2028) ($MN)
25 North America Pet Care Services Market Outlook, By Small Breeds (2020-2028) ($MN)
26 North America Pet Care Services Market Outlook, By Medium Breeds (2020-2028) ($MN)
27 North America Pet Care Services Market Outlook, By Large Breeds (2020-2028) ($MN)
28 North America Pet Care Services Market Outlook, By Cats (2020-2028) ($MN)
29 North America Pet Care Services Market Outlook, By Other Pets (2020-2028) ($MN)
30 North America Pet Care Services Market Outlook, By Service Type (2020-2028) ($MN)
31 North America Pet Care Services Market Outlook, By Pet Boarding (2020-2028) ($MN)
32 North America Pet Care Services Market Outlook, By Long term (2020-2028) ($MN)
33 North America Pet Care Services Market Outlook, By Short term (2020-2028) ($MN)
34 North America Pet Care Services Market Outlook, By Pet Transportation (2020-2028) ($MN)
35 North America Pet Care Services Market Outlook, By Pet Walking (2020-2028) ($MN)
36 North America Pet Care Services Market Outlook, By Pet Training (2020-2028) ($MN)
37 North America Pet Care Services Market Outlook, By Pet Grooming (2020-2028) ($MN)
38 North America Pet Care Services Market Outlook, By Other Service types (2020-2028) ($MN)
39 North America Pet Care Services Market Outlook, By Delivery Channel (2020-2028) ($MN)
40 North America Pet Care Services Market Outlook, By Commercial facilities (2020-2028) ($MN)
41 North America Pet Care Services Market Outlook, By Mobile/Outdoors (2020-2028) ($MN)
42 North America Pet Care Services Market Outlook, By Other Delivery Channels (2020-2028) ($MN)
43 Europe Pet Care Services Market Outlook, By Country (2020-2028) ($MN)
44 Europe Pet Care Services Market Outlook, By Pets (2020-2028) ($MN)
45 Europe Pet Care Services Market Outlook, By Dogs (2020-2028) ($MN)
46 Europe Pet Care Services Market Outlook, By Small Breeds (2020-2028) ($MN)
47 Europe Pet Care Services Market Outlook, By Medium Breeds (2020-2028) ($MN)
48 Europe Pet Care Services Market Outlook, By Large Breeds (2020-2028) ($MN)
49 Europe Pet Care Services Market Outlook, By Cats (2020-2028) ($MN)
50 Europe Pet Care Services Market Outlook, By Other Pets (2020-2028) ($MN)
51 Europe Pet Care Services Market Outlook, By Service Type (2020-2028) ($MN)
52 Europe Pet Care Services Market Outlook, By Pet Boarding (2020-2028) ($MN)
53 Europe Pet Care Services Market Outlook, By Long term (2020-2028) ($MN)
54 Europe Pet Care Services Market Outlook, By Short term (2020-2028) ($MN)
55 Europe Pet Care Services Market Outlook, By Pet Transportation (2020-2028) ($MN)
56 Europe Pet Care Services Market Outlook, By Pet Walking (2020-2028) ($MN)
57 Europe Pet Care Services Market Outlook, By Pet Training (2020-2028) ($MN)
58 Europe Pet Care Services Market Outlook, By Pet Grooming (2020-2028) ($MN)
59 Europe Pet Care Services Market Outlook, By Other Service types (2020-2028) ($MN)
60 Europe Pet Care Services Market Outlook, By Delivery Channel (2020-2028) ($MN)
61 Europe Pet Care Services Market Outlook, By Commercial facilities (2020-2028) ($MN)
62 Europe Pet Care Services Market Outlook, By Mobile/Outdoors (2020-2028) ($MN)
63 Europe Pet Care Services Market Outlook, By Other Delivery Channels (2020-2028) ($MN)
64 Asia Pacific Pet Care Services Market Outlook, By Country (2020-2028) ($MN)
65 Asia Pacific Pet Care Services Market Outlook, By Pets (2020-2028) ($MN)
66 Asia Pacific Pet Care Services Market Outlook, By Dogs (2020-2028) ($MN)
67 Asia Pacific Pet Care Services Market Outlook, By Small Breeds (2020-2028) ($MN)
68 Asia Pacific Pet Care Services Market Outlook, By Medium Breeds (2020-2028) ($MN)
69 Asia Pacific Pet Care Services Market Outlook, By Large Breeds (2020-2028) ($MN)
70 Asia Pacific Pet Care Services Market Outlook, By Cats (2020-2028) ($MN)
71 Asia Pacific Pet Care Services Market Outlook, By Other Pets (2020-2028) ($MN)
72 Asia Pacific Pet Care Services Market Outlook, By Service Type (2020-2028) ($MN)
73 Asia Pacific Pet Care Services Market Outlook, By Pet Boarding (2020-2028) ($MN)
74 Asia Pacific Pet Care Services Market Outlook, By Long term (2020-2028) ($MN)
75 Asia Pacific Pet Care Services Market Outlook, By Short term (2020-2028) ($MN)
76 Asia Pacific Pet Care Services Market Outlook, By Pet Transportation (2020-2028) ($MN)
77 Asia Pacific Pet Care Services Market Outlook, By Pet Walking (2020-2028) ($MN)
78 Asia Pacific Pet Care Services Market Outlook, By Pet Training (2020-2028) ($MN)
79 Asia Pacific Pet Care Services Market Outlook, By Pet Grooming (2020-2028) ($MN)
80 Asia Pacific Pet Care Services Market Outlook, By Other Service types (2020-2028) ($MN)
81 Asia Pacific Pet Care Services Market Outlook, By Delivery Channel (2020-2028) ($MN)
82 Asia Pacific Pet Care Services Market Outlook, By Commercial facilities (2020-2028) ($MN)
83 Asia Pacific Pet Care Services Market Outlook, By Mobile/Outdoors (2020-2028) ($MN)
84 Asia Pacific Pet Care Services Market Outlook, By Other Delivery Channels (2020-2028) ($MN)
85 South America Pet Care Services Market Outlook, By Country (2020-2028) ($MN)
86 South America Pet Care Services Market Outlook, By Pets (2020-2028) ($MN)
87 South America Pet Care Services Market Outlook, By Dogs (2020-2028) ($MN)
88 South America Pet Care Services Market Outlook, By Small Breeds (2020-2028) ($MN)
89 South America Pet Care Services Market Outlook, By Medium Breeds (2020-2028) ($MN)
90 South America Pet Care Services Market Outlook, By Large Breeds (2020-2028) ($MN)
91 South America Pet Care Services Market Outlook, By Cats (2020-2028) ($MN)
92 South America Pet Care Services Market Outlook, By Other Pets (2020-2028) ($MN)
93 South America Pet Care Services Market Outlook, By Service Type (2020-2028) ($MN)
94 South America Pet Care Services Market Outlook, By Pet Boarding (2020-2028) ($MN)
95 South America Pet Care Services Market Outlook, By Long term (2020-2028) ($MN)
96 South America Pet Care Services Market Outlook, By Short term (2020-2028) ($MN)
97 South America Pet Care Services Market Outlook, By Pet Transportation (2020-2028) ($MN)
98 South America Pet Care Services Market Outlook, By Pet Walking (2020-2028) ($MN)
99 South America Pet Care Services Market Outlook, By Pet Training (2020-2028) ($MN)
100 South America Pet Care Services Market Outlook, By Pet Grooming (2020-2028) ($MN)
101 South America Pet Care Services Market Outlook, By Other Service types (2020-2028) ($MN)
102 South America Pet Care Services Market Outlook, By Delivery Channel (2020-2028) ($MN)
103 South America Pet Care Services Market Outlook, By Commercial facilities (2020-2028) ($MN)
104 South America Pet Care Services Market Outlook, By Mobile/Outdoors (2020-2028) ($MN)
105 South America Pet Care Services Market Outlook, By Other Delivery Channels (2020-2028) ($MN)
106 Middle East & Africa Pet Care Services Market Outlook, By Country (2020-2028) ($MN)
107 Middle East & Africa Pet Care Services Market Outlook, By Pets (2020-2028) ($MN)
108 Middle East & Africa Pet Care Services Market Outlook, By Dogs (2020-2028) ($MN)
109 Middle East & Africa Pet Care Services Market Outlook, By Small Breeds (2020-2028) ($MN)
110 Middle East & Africa Pet Care Services Market Outlook, By Medium Breeds (2020-2028) ($MN)
111 Middle East & Africa Pet Care Services Market Outlook, By Large Breeds (2020-2028) ($MN)
112 Middle East & Africa Pet Care Services Market Outlook, By Cats (2020-2028) ($MN)
113 Middle East & Africa Pet Care Services Market Outlook, By Other Pets (2020-2028) ($MN)
114 Middle East & Africa Pet Care Services Market Outlook, By Service Type (2020-2028) ($MN)
115 Middle East & Africa Pet Care Services Market Outlook, By Pet Boarding (2020-2028) ($MN)
116 Middle East & Africa Pet Care Services Market Outlook, By Long term (2020-2028) ($MN)
117 Middle East & Africa Pet Care Services Market Outlook, By Short term (2020-2028) ($MN)
118 Middle East & Africa Pet Care Services Market Outlook, By Pet Transportation (2020-2028) ($MN)
119 Middle East & Africa Pet Care Services Market Outlook, By Pet Walking (2020-2028) ($MN)
120 Middle East & Africa Pet Care Services Market Outlook, By Pet Training (2020-2028) ($MN)
121 Middle East & Africa Pet Care Services Market Outlook, By Pet Grooming (2020-2028) ($MN)
122 Middle East & Africa Pet Care Services Market Outlook, By Other Service types (2020-2028) ($MN)
123 Middle East & Africa Pet Care Services Market Outlook, By Delivery Channel (2020-2028) ($MN)
124 Middle East & Africa Pet Care Services Market Outlook, By Commercial facilities (2020-2028) ($MN)
125 Middle East & Africa Pet Care Services Market Outlook, By Mobile/Outdoors (2020-2028) ($MN)
126 Middle East & Africa Pet Care Services Market Outlook, By Other Delivery Channels (2020-2028) ($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
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
