Carded Packaging Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0209667
  • Format: Electronic (PDF)
  • Number of Pages: 178
  • Author(s): Joshi, Madhavi

Report Overview

The Carded Packaging Market size was estimated at USD 3.5 billion in 2023 and is projected to reach USD 6.2 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.80% during the forecast period (2024-2030).

Carded Packaging Market

(Market Size)
$3.5 billion
$6.2 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 8.80%
2023 Market Size USD 3.5 billion
2030 Market Size USD 6.2 billion
Key Players Amcor, Berry Global, Constantia Flexibles, Winpak, Sonoco

Market Summary

The carded packaging market is a significant segment within the broader packaging industry, characterized by its use of paperboard or plastic cards as the primary structural component, often combined with transparent plastic blisters or clamshells to securely display and protect products. This packaging format is widely adopted across multiple sectors due to its excellent product visibility, tamper-evident features, and cost-effectiveness. The market is driven by consistent demand from consumer goods, retail, and healthcare industries, where presentation and protection are paramount. Key players in this space continuously innovate to enhance the sustainability and functionality of carded packaging solutions, responding to evolving consumer preferences and regulatory requirements. The market demonstrates resilience and adaptability, with growth influenced by retail expansion, e-commerce trends, and advancements in material science. Companies are focusing on developing eco-friendly alternatives and smart packaging integrations to maintain competitiveness and meet the demands of a dynamic market environment.

Key Highlights

The carded packaging market is distinguished by several key highlights that underscore its importance and evolution. A primary feature is the high degree of customization available, allowing brands to create unique, eye-catching designs that enhance shelf appeal and brand recognition. The integration of advanced materials, such as recycled paperboard and biodegradable plastics, is a significant trend, aligning with global sustainability initiatives and reducing environmental impact. Technological advancements in manufacturing processes have improved the efficiency and precision of carded packaging production, enabling faster turnaround times and higher quality outputs. The market also benefits from the robust growth of e-commerce, as carded packaging provides excellent protection during shipping while maintaining product visibility. Furthermore, the adoption of anti-theft and tamper-evident features enhances product security, making it a preferred choice for high-value items. These highlights collectively contribute to the sustained relevance and growth of the carded packaging market in a competitive landscape.

Drivers, Opportunities & Restraints

The carded packaging market is propelled by several key drivers, including the rising demand for visually appealing and secure packaging solutions in the retail sector. Consumer preference for products that are easy to display, handle, and store fuels adoption across various industries. The growth of the healthcare and pharmaceutical sectors also drives demand, as carded packaging ensures sterility and provides clear information labeling. Opportunities abound in the development of sustainable materials and smart packaging technologies, which can enhance functionality and environmental credentials. The expansion of emerging markets presents additional growth prospects, driven by increasing disposable incomes and retail modernization. However, the market faces restraints such as fluctuating raw material prices, which can impact production costs and profitability. Stringent regulations regarding plastic usage and waste management pose challenges, necessitating innovation in eco-friendly alternatives. Additionally, competition from alternative packaging formats like flexible pouches may limit market growth in certain applications.

Concentration Insights

The carded packaging market exhibits a concentrated landscape with a mix of large multinational corporations and specialized regional players dominating the industry. Key companies such as WestRock Company, Sonoco Products Company, and Amcor plc hold significant market shares due to their extensive product portfolios, global reach, and strong R&D capabilities. These players focus on strategic acquisitions, partnerships, and capacity expansions to strengthen their market position and cater to diverse customer needs. Regional concentration is also evident, with North America and Europe being mature markets characterized by high adoption rates and stringent regulatory standards. In contrast, the Asia-Pacific region shows fragmented growth, driven by local manufacturers catering to rapidly expanding consumer goods and retail sectors. The market's concentration dynamics are influenced by factors such as technological innovation, sustainability initiatives, and the ability to offer customized solutions, which are critical for maintaining competitive advantage and market leadership.

Type Insights

The carded packaging market is segmented into various types based on material and design, each catering to specific application requirements. Common types include blister cards, clamshells, and skin packs, which utilize materials such as paperboard, PVC, PET, and recycled plastics. Blister cards are widely used for small consumer goods and pharmaceuticals, offering excellent product visibility and protection. Clamshell packages provide superior security and are often used for electronics and high-value retail items. Skin packs, which involve a tight film seal over a carded base, are preferred for their sleek appearance and tamper-evident features. The choice of material is increasingly influenced by sustainability concerns, with a growing shift towards recycled content and biodegradable options. Innovations in design, such as easy-open features and reusable components, are also gaining traction, enhancing user convenience and environmental friendliness. These type insights highlight the diversity and adaptability of carded packaging solutions in meeting evolving market demands.

Application Insights

Carded packaging finds extensive applications across multiple industries, driven by its versatility and functional benefits. In the consumer goods sector, it is commonly used for packaging toys, cosmetics, hardware, and stationery, where product visibility and appeal are crucial. The healthcare and pharmaceutical industries rely on carded packaging for unit-dose medications, medical devices, and surgical instruments, ensuring sterility and compliance with regulatory standards. Retail applications include electronics, accessories, and personal care products, where security and brand presentation are prioritized. The food industry utilizes carded packaging for items like baked goods and confectionery, though with strict adherence to safety regulations. Additionally, the rise of e-commerce has expanded applications, as carded packaging provides durability and protection during transit. Each application segment demands specific features, such as tamper evidence, child resistance, or sustainability, influencing material selection and design innovations to meet industry-specific requirements effectively.

Regional Insights

The carded packaging market displays distinct regional characteristics influenced by economic development, consumer behavior, and regulatory frameworks. North America remains a dominant region, driven by robust retail and healthcare sectors, high consumer spending, and stringent packaging standards. Europe follows closely, with strong emphasis on sustainability and circular economy principles, prompting adoption of eco-friendly carded packaging solutions. The Asia-Pacific region is experiencing rapid growth, fueled by expanding manufacturing capabilities, rising disposable incomes, and increasing retail penetration in countries like China and India. Latin America and the Middle East & Africa regions show emerging potential, though growth is moderated by economic volatility and infrastructure challenges. Regional insights also highlight variations in material preferences, with developed regions leaning towards recycled and biodegradable options, while developing regions prioritize cost-effectiveness and functionality. Understanding these regional dynamics is essential for market players aiming to capitalize on growth opportunities and navigate regulatory landscapes effectively.

Company Insights

Leading companies in the carded packaging market include WestRock Company, Sonoco Products Company, Amcor plc, Constantia Flexibles, and Tekni-Plex, among others. These players leverage their extensive expertise, innovative capabilities, and global distribution networks to maintain competitive edges. WestRock Company focuses on sustainable packaging solutions and has a strong portfolio in paperboard-based carded packaging. Sonoco Products Company emphasizes innovation in protective packaging and has significant presence in healthcare and consumer goods segments. Amcor plc excels in developing advanced materials and smart packaging technologies, catering to diverse industry needs. Constantia Flexibles is known for its flexible and label packaging solutions, often integrating carded formats for enhanced functionality. Tekni-Plex specializes in healthcare packaging, offering compliant and secure carded solutions. These companies invest heavily in R&D to introduce eco-friendly products and improve manufacturing efficiencies, while also engaging in strategic mergers and acquisitions to expand their market reach and capabilities. Their insights reveal a focus on sustainability, customization, and technological advancement to meet evolving customer demands.

Recent Developments

Recent developments in the carded packaging market reflect ongoing innovation and strategic movements aimed at enhancing sustainability and market presence. Key players have launched new lines of recyclable and biodegradable carded packaging solutions to address environmental concerns and regulatory pressures. For instance, advancements in bio-based plastics and recycled paperboard are becoming more prevalent, reducing the carbon footprint of packaging. Technological integrations, such as QR codes and NFC tags, are being incorporated to provide consumers with product information and authentication features, enhancing engagement and security. Strategic acquisitions and partnerships have also been prominent, with companies expanding their capabilities and geographic reach to serve global clients more effectively. Additionally, investments in automated manufacturing processes are improving production efficiency and reducing costs, allowing for greater customization and faster delivery times. These developments indicate a market that is responsive to trends in sustainability, digitalization, and consumer preferences, ensuring continued evolution and growth.

Report Segmentation

This report on the carded packaging market provides a comprehensive segmentation to offer detailed insights into various aspects of the industry. The market is segmented by type, including blister cards, clamshells, skin packs, and others, each analyzed for their material composition and design characteristics. Application segmentation covers consumer goods, healthcare and pharmaceuticals, retail, food, and other industries, highlighting specific requirements and trends within each sector. Geographical segmentation includes North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, examining regional market dynamics, growth drivers, and challenges. The report also segments based on material type, such as paperboard, plastic, and sustainable alternatives, providing insights into material preferences and innovations. Each segment is evaluated for market share, growth potential, and competitive landscape, enabling stakeholders to identify opportunities and make informed decisions. This detailed segmentation ensures a thorough understanding of the carded packaging market's structure and future directions.

FAQs

What materials are commonly used in carded packaging? Carded packaging typically utilizes materials such as paperboard, PVC, PET, and recycled plastics. Paperboard is favored for its sustainability and printability, while plastics like PVC and PET offer clarity and durability. There is a growing trend towards using biodegradable and recycled materials to enhance environmental friendliness.

What are the advantages of carded packaging? Carded packaging offers several advantages, including excellent product visibility, which enhances shelf appeal and consumer attraction. It provides robust protection against damage and contamination, along with tamper-evident features that ensure product integrity. Additionally, it is cost-effective and allows for high customization in design and branding.

Which industries use carded packaging the most? The consumer goods, healthcare, and retail industries are the largest users of carded packaging. Consumer goods include items like electronics, toys, and cosmetics; healthcare applications involve pharmaceuticals and medical devices; retail uses include accessories and personal care products, all benefiting from the packaging's security and presentation qualities.

How is carded packaging different from blister packaging? Carded packaging often refers to a broader category that includes blister packaging as a subset. Blister packaging specifically involves a pre-formed plastic cavity bonded to a card backing, while carded packaging can also include clamshells and skin packs. Both offer product visibility, but carded packaging may provide more structural variety and security features.

What are the trends in carded packaging? Current trends in carded packaging focus on sustainability, with increased use of recycled and biodegradable materials. Smart packaging integrations, such as QR codes for consumer engagement, are also emerging. Additionally, there is a push towards designs that enhance convenience, like easy-open features, and compliance with evolving regulatory standards for safety and environmental impact.

What factors are driving the growth of the carded packaging market? Growth in the carded packaging market is driven by rising demand from the retail and e-commerce sectors, where product visibility and protection are crucial. The healthcare industry's need for sterile and secure packaging also contributes significantly. Innovations in sustainable materials and the expansion of emerging markets further propel market growth, alongside consumer preferences for aesthetically appealing and functional packaging solutions.

Citius Research has developed a research report titled “Carded Packaging Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Carded Packaging Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Carded Packaging Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Carded Packaging Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Carded Packaging Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Carded Packaging Market
• Research Methodology
• Executive Summary
• Market Dynamics of Carded Packaging Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Carded Packaging Market
• Cost and Gross Margin Analysis of Carded Packaging Market
• Carded Packaging Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Carded Packaging Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Carded Packaging Market Key Stakeholders

Below are the key stakeholders for the Carded Packaging Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Carded Packaging Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Carded Packaging Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Carded Packaging Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Carded Packaging Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Carded Packaging Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Carded Packaging Market is expected to grow at a CAGR of XX% from 2023 to 2030.
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Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Carded Packaging Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Carded Packaging Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Carded Packaging Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Carded Packaging Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Carded Packaging Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Carded Packaging Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Carded Packaging Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Carded Packaging Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Carded Packaging Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Carded Packaging Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Carded Packaging Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

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