Vci Paper Market By Product Type, Packaging Type And End User - Global Industry Analysis And Forecast To 2023
Published On : June 2022 Pages : 195 Category: Packaging Report Code : CM06871
Industry Outlook and Trend Analysis
The VCI Paper Market is expected to show considerable growth during the forecast period. VCI (Volatile corrosion inhibitor) paper is a characteristic kraft paper covered with unpredictable synthetic compounds either on one or the two sides, VCI paper is material in bundling for shielding metallic items from rust and erosion. With development in the essential bundling industry, the interest for bundling materials for metallic parts and segments is additionally developing all the while, fuelling the development of VCI paper market. Rust and erosion are real hindrances in the transportation of metallic segments in some real fields including flying and military where the security of these parts is of fundamental significance. VCI paper being another synthetic arrangement takes care of this intricate issue of ensuring metallic parts amid transportation, in this way expanding the VCI paper market all around. The new details accessible in the market, for example, the polyethylene covered VCI papers give far and away superior humidity opposition and are additionally making an upsurge in the market request.
Drivers & Restrains
The high anti-corrosive nature of VCI paper, encouraging compelling assurance of metal amid transportation remains the essential purpose for its strong appropriation in the bundling business. The development of VCI paper market is required to be decidedly affected by the exponential ability of the paper to drag out the lifecycle of an item without meddling with its mechanical or electrical surface properties. Besides, VCI paper is typically eco-accommodating and very moderate, making it prevalent even among little scale makers. Factors in that capacity are probably going to help the general development of the VCI paper market throughout the following couple of years. Recyclability, simple and comfort of utilizing the VCI paper are a portion of the extra factors that are esteemed to support the development of the market over the forecast years. VCI paper is additionally equipped for ensuring both ferrous and non-ferrous materials including cast press, copper, chrome, nickel, steel, aluminium, and zinc. In addition, the outrageous flexibility of the item enables it to be exhaustively folded over unevenly formed metallic parts or segments without the utilization of any bundling tapes, bringing about a more conservative and profitable bundling practice. However, it is seen that some consumption inhibitor colours may once in a while create lethality, which could be unsafe. Various shades are delicate to saps and may prompt responses. The development prospects of the VCI paper market is additionally jeopardized by the items absence of similarity with littler measured metallic merchandise.
Regional Outlook and Trend Analysis
North America is expected to dominate the VCI paper market over the forecast period. This is principally attributable to developing interest for such propelled bundling items in these districts. Moreover, market players are likewise making dynamic interests in the developing business sector of Asia-Pacific because of the accessibility of ease asset and potential market opportunity in the area.
Competitive Insights
The leading players in the market are Safepack Industries Ltd., Armor Protective Packaging, Daubert VCI, Inc., Green Packaging, Inc., Protective Packaging Corporation Inc., RBL Industries, Technology Packaging Ltd, Propack Spa, Multitech Group Inc. and others. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The VCI Paper Market is segmented as follows-
By Product Type:
- Thick Papers
- Waxed Paper
By Packaging Type:
- VCI Rolls
- VCI Sheets
- VCI Bag Format
By End User:
- Automotive Components
- Musical Components
- Defense and Military Components
- Aerospace Parts and Components
- Gears
- Motors
- Bearings
- Other End Users
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Columbia
- South Africa
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South Africa
- Rest of MEA
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· VCI Paper Market, By Product Type, Estimates and Forecast, 2014-2023($Billion)
o Thick Papers
o Waxed Paper
· VCI Paper Market, By Packaging Type, Estimates and Forecast, 2014-2023($Billion)
o VCI rolls
o VCI sheets
o VCI bag format
· VCI Paper Market, By End User, Estimates and Forecast, 2014-2023($Billion)
o Defense and military components
o Gears
o Motors
o Bearings
o Aerospace parts
o Automotive components
· VCI Paper Market, By Region, Estimates and Forecast, 2014-2023($Billion)
o North America
§ North America VCI Paper Market, By Country
o U.S. VCI Paper Market
o Canada VCI Paper Market
o Mexico VCI Paper Market
o Europe
§ Europe VCI Paper Market, By Country
o Germany VCI Paper Market
o UK VCI Paper Market
o France VCI Paper Market
o Russia VCI Paper Market
o Italy VCI Paper Market
o Rest of Europe VCI Paper Market
o Asia-Pacific
§ Asia-Pacific VCI Paper Market, By Country
o China VCI Paper Market
o Japan VCI Paper Market
o South Korea VCI Paper Market
o India VCI Paper Market
o Southeast Asia VCI Paper Market
o Rest of Asia-Pacific VCI Paper Market
o South America
§ South America VCI Paper Market
o Brazil VCI Paper Market
o Argentina VCI Paper Market
o Columbia VCI Paper Market
o South Africa VCI Paper Market
o Rest of South America VCI Paper Market
o Middle East and Africa
§ Middle East and Africa VCI Paper Market
o Saudi Arabia VCI Paper Market
o UAE VCI Paper Market
o Egypt VCI Paper Market
o Nigeria VCI Paper Market
o South Africa VCI Paper Market
o Rest of MEA VCI Paper Market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. VCI Paper Market, By Product Type
5.1. Introduction
5.2. Global VCI Paper Sales, Revenue and Market Share by Product Type (2017-2027)
5.2.1. Global VCI Paper Sales and Sales Share by Product Type (2017-2027)
5.2.2. Global VCI Paper Revenue and Revenue Share by Product Type (2017-2027)
5.3. Thick Papers
5.3.1. Global Thick Papers Sales and Growth Rate (2017-2027)
5.4. Waxed Paper
5.4.1. Global Waxed Paper Sales and Growth Rate (2017-2027)
6. VCI Paper Market, By Packaging Type
6.1. Introduction
6.2. Global VCI Paper Sales, Revenue and Market Share by Packaging Type (2017-2027)
6.2.1. Global VCI Paper Sales and Sales Share by Packaging Type (2017-2027)
6.2.2. Global VCI Paper Revenue and Revenue Share by Packaging Type (2017-2027)
6.3. VCI rolls
6.3.1. Global VCI rolls Sales and Growth Rate (2017-2027)
6.4. VCI sheets
6.4.1. Global VCI sheets Sales and Growth Rate (2017-2027)
6.5. VCI bag format
6.5.1. Global VCI bag format Sales and Growth Rate (2017-2027)
7. VCI Paper Market, By End User
7.1. Introduction
7.2. Global VCI Paper Sales, Revenue and Market Share by End User (2017-2027)
7.2.1. Global VCI Paper Sales and Sales Share by End User (2017-2027)
7.2.2. Global VCI Paper Revenue and Revenue Share by End User (2017-2027)
7.3. Defense and military components
7.3.1. Global Defense and military components Sales and Growth Rate (2017-2027)
7.4. Gears
7.4.1. Global Gears Sales and Growth Rate (2017-2027)
7.5. Motors
7.5.1. Global Motors Sales and Growth Rate (2017-2027)
7.6. Bearings
7.6.1. Global Bearings Sales and Growth Rate (2017-2027)
7.7. Aerospace parts
7.7.1. Global Aerospace parts Sales and Growth Rate (2017-2027)
7.8. Automotive components
7.8.1. Global Automotive components Sales and Growth Rate (2017-2027)
8. VCI Paper Market, By Region
8.1. Introduction
8.2. Global VCI Paper Sales, Revenue and Market Share by Regions
8.2.1. Global VCI Paper Sales by Regions (2017-2027)
8.2.2. Global VCI Paper Revenue by Regions (2017-2027)
8.3. North America VCI Paper by Countries
8.3.1. North America VCI Paper Sales and Growth Rate (2017-2027)
8.3.2. North America VCI Paper Revenue and Growth Rate (2017-2027)
8.3.3. North America VCI Paper Sales by Countries (2017-2027)
8.3.4. North America VCI Paper Revenue (Million USD) by Countries (2017-2027)
8.3.5. U.S.
8.3.5.1. United States VCI Paper Sales and Growth Rate (2017-2027)
8.3.5.2. United States VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.3.6. Canada
8.3.6.1. Canada VCI Paper Sales and Growth Rate (2017-2027)
8.3.6.2. Canada VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.3.7. Mexico
8.3.7.1. Mexico VCI Paper Sales and Growth Rate (2017-2027)
8.3.7.2. Mexico VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.4. Europe VCI Paper by Countries
8.4.1. Europe VCI Paper Sales and Growth Rate (2017-2027)
8.4.2. Europe VCI Paper Revenue and Growth Rate (2017-2027)
8.4.3. Europe VCI Paper Sales by Countries (2017-2027)
8.4.4. Europe VCI Paper Revenue (Million USD) by Countries (2017-2027)
8.4.5. Germany
8.4.5.1. Germany VCI Paper Sales and Growth Rate (2017-2027)
8.4.5.2. Germany VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.6. UK
8.4.6.1. UK VCI Paper Sales and Growth Rate (2017-2027)
8.4.6.2. UK VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.7. France
8.4.7.1. France VCI Paper Sales and Growth Rate (2017-2027)
8.4.7.2. France VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.8. Russia
8.4.8.1. Russia VCI Paper Sales and Growth Rate (2017-2027)
8.4.8.2. Russia VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.9. Italy
8.4.9.1. Italy VCI Paper Sales and Growth Rate (2017-2027)
8.4.9.2. Italy VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.10. Rest of Europe
8.4.10.1. Rest of Europe VCI Paper Sales and Growth Rate (2017-2027)
8.4.10.2. Rest of Europe VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.5. Asia-Pacific
8.5.1. Asia-Pacific VCI Paper Sales and Growth Rate (2017-2027)
8.5.2. Asia-Pacific VCI Paper Revenue and Growth Rate (2017-2027)
8.5.3. Asia-Pacific VCI Paper Sales by Countries (2017-2027)
8.5.4. Asia-Pacific VCI Paper Revenue (Million USD) by Countries (2017-2027)
8.5.5. China
8.5.5.1. China VCI Paper Sales and Growth Rate (2017-2027)
8.5.5.2. China VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.6. Japan
8.5.6.1. Japan VCI Paper Sales and Growth Rate (2017-2027)
8.5.6.2. Japan VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.6.3.
8.5.7. Korea
8.5.7.1. Korea VCI Paper Sales and Growth Rate (2017-2027)
8.5.7.2. Korea VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.8. India
8.5.8.1. India VCI Paper Sales and Growth Rate (2017-2027)
8.5.8.2. India VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.9. Southeast Asia
8.5.9.1. Southeast Asia VCI Paper Sales and Growth Rate (2017-2027)
8.5.9.2. Southeast Asia VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.10. Rest of Asia-Pacific
8.5.10.1. Rest of Asia-Pacific VCI Paper Sales and Growth Rate (2017-2027)
8.5.10.2. Rest of Asia-Pacific VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.6. South America
8.6.1. South America VCI Paper Sales and Growth Rate (2017-2027)
8.6.2. South America VCI Paper Revenue and Growth Rate (2017-2027)
8.6.3. South America VCI Paper Sales by Countries (2017-2027)
8.6.4. South America VCI Paper Revenue (Million USD) by Countries (2017-2027)
8.6.5. Brazil
8.6.5.1. Brazil VCI Paper Sales and Growth Rate (2017-2027)
8.6.5.2. Brazil VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.6. Argentina
8.6.6.1. Argentina VCI Paper Sales and Growth Rate (2017-2027)
8.6.6.2. Argentina VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.7. Columbia
8.6.7.1. Columbia VCI Paper Sales and Growth Rate (2017-2027)
8.6.7.2. Columbia VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.8. Rest of South America
8.6.8.1. Rest of South America VCI Paper Sales and Growth Rate (2017-2027)
8.6.8.2. Rest of South America VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.7. Middle East and Africa
8.7.1. Middle East and Africa VCI Paper Sales and Growth Rate (2017-2027)
8.7.2. Middle East and Africa VCI Paper Revenue and Growth Rate (2017-2027)
8.7.3. Middle East and Africa VCI Paper Sales by Countries (2017-2027)
8.7.4. Middle East and Africa VCI Paper Revenue (Million USD) by Countries (2017-2027)
8.7.5. Saudi Arabia
8.7.5.1. Saudi Arabia VCI Paper Sales and Growth Rate (2017-2027)
8.7.5.2. Saudi Arabia VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.6. United Arab Emirates
8.7.6.1. United Arab Emirates VCI Paper Sales and Growth Rate (2017-2027)
8.7.6.2. United Arab Emirates VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.7. Egypt
8.7.7.1. Egypt VCI Paper Sales and Growth Rate (2017-2027)
8.7.7.2. Egypt VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.8. Nigeria
8.7.8.1. Nigeria VCI Paper Sales and Growth Rate (2017-2027)
8.7.8.2. Nigeria VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.9. South Africa
8.7.9.1. South Africa VCI Paper Sales and Growth Rate (2017-2027)
8.7.9.2. South Africa VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.10. Rest of Middle East and Africa
8.7.10.1. Rest of Middle East and Africa VCI Paper Sales and Growth Rate (2017-2027)
8.7.10.2. Rest of Middle East and Africa VCI Paper Revenue (Millions USD) and Growth Rate (2017-2027)
9. Company Profiles
9.1. Armor Protective Packaging
9.1.1. Business Overview
9.1.2. Product Portfolio
9.1.3. Strategic Developments
9.1.4. Sales, Revenue and Market Share
9.2. Green Packaging, Inc.
9.2.1. Business Overview
9.2.2. Product Portfolio
9.2.3. Strategic Developments
9.2.4. Sales, Revenue and Market Share
9.3. Safepack Industries Ltd.
9.3.1. Business Overview
9.3.2. Product Portfolio
9.3.3. Strategic Developments
9.3.4. Sales, Revenue and Market Share
9.4. RBL Industries
9.4.1. Business Overview
9.4.2. Product Portfolio
9.4.3. Strategic Developments
9.4.4. Sales, Revenue and Market Share
9.5. Protective Packaging Corporation Inc.
9.5.1. Business Overview
9.5.2. Product Portfolio
9.5.3. Strategic Developments
9.5.4. Sales, Revenue and Market Share
9.6. Technology Packaging Ltd
9.6.1. Business Overview
9.6.2. Product Portfolio
9.6.3. Strategic Developments
9.6.4. Sales, Revenue and Market Share
9.7. Multitech Group Inc.
9.7.1. Business Overview
9.7.2. Product Portfolio
9.7.3. Strategic Developments
9.7.4. Sales, Revenue and Market Share
9.8. Daubert VCI, Inc.
9.8.1. Business Overview
9.8.2. Product Portfolio
9.8.3. Strategic Developments
9.8.4. Sales, Revenue and Market Share
10. Global VCI Paper Market Competition, by Manufacturer
10.1. Global VCI Paper Sales and Market Share by Manufacturer (2017-2017)
10.2. Global VCI Paper Revenue and Market Share by Manufacturer (2017-2017)
10.3. Global VCI Paper Price by Region (2017-2017)
10.4. Top 5 VCI Paper Manufacturer Market Share
10.5. Market Competition Trend
11. VCI Paper Market Forecast (2027-2023)
11.1. Global VCI Paper Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
11.2. VCI Paper Market Forecast by Regions (2027-2023)
11.2.1. North America VCI Paper Market Forecast (2027-2023)
11.2.1.1. United States VCI Paper Market Forecast (2027-2023)
11.2.1.2. Canada VCI Paper Market Forecast (2027-2023)
11.2.1.3. Mexico VCI Paper Market Forecast (2027-2023)
11.2.2. Europe VCI Paper Market Forecast (2027-2023)
11.2.2.1. Germany VCI Paper Market Forecast (2027-2023)
11.2.2.2. United Kingdom VCI Papers Market Forecast (2027-2023)
11.2.2.3. France VCI Paper Market Forecast (2027-2023)
11.2.2.4. Russia VCI Paper Market Forecast (2027-2023)
11.2.2.5. Italy VCI Paper Market Forecast (2027-2023)
11.2.2.6. Rest of the Europe VCI Paper Market Forecast (2027-2023)
11.2.3. Asia-Pacific VCI Paper Market Forecast (2027-2023)
11.2.3.1. China VCI Paper Market Forecast (2027-2023)
11.2.3.2. Japan VCI Paper Market Forecast (2027-2023)
11.2.3.3. Korea VCI Paper Market Forecast (2027-2023)
11.2.3.4. India VCI Paper Market Forecast (2027-2023)
11.2.3.5. Southeast Asia VCI Paper Market Forecast (2027-2023)
11.2.3.6. Rest of Asia-Pacific VCI Paper Market Forecast (2027-2023)
11.2.4. South America VCI Paper Market Forecast (2027-2023)
11.2.4.1. Brazil VCI Paper Market Forecast (2027-2023)
11.2.4.2. Argentina VCI Paper Market Forecast (2027-2023)
11.2.4.3. Columbia VCI Paper Market Forecast (2027-2023)
11.2.4.4. Rest of South America VCI Paper Market Forecast (2027-2023)
11.2.5. Middle East and Africa VCI Paper Market Forecast (2027-2023)
11.2.5.1. Saudi Arabia VCI Paper Market Forecast (2027-2023)
11.2.5.2. UAE VCI Paper Market Forecast (2027-2023)
11.2.5.3. Egypt VCI Paper Market Forecast (2027-2023)
11.2.5.4. Nigeria VCI Paper Market Forecast (2027-2023)
11.2.5.5. South Africa VCI Paper Market Forecast (2027-2023)
11.2.5.6. Rest of MEA VCI Paper Market Forecast (2027-2023)
11.3. VCI Paper Market Forecast by Product Type (2027-2023)
11.3.1. Global VCI Paper Sales Forecast by Product Type (2027-2023)
11.3.2. Global VCI Paper Sales Market Share Forecast by Product Type (2027-2023)
11.4. VCI Paper Market Forecast by Packaging Type (2027-2023)
11.4.1. Global VCI Paper Sales Forecast by Packaging Type (2027-2023)
11.4.2. Global VCI Paper Sales Market Share Forecast by Packaging Type (2027-2023)
11.5. VCI Paper Market Forecast by End User (2027-2023)
11.5.1. Global VCI Paper Sales Forecast by End User (2027-2023)
11.5.2. Global VCI Paper Sales Market Share Forecast by End User (2027-2023)
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of VCI Paper Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
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Demand Side |
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Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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