Portable Label Printers 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: CR0206677
  • Format: Electronic (PDF)
  • Number of Pages: 180
  • Author(s): Joshi, Madhavi

Report Overview

The Portable Label Printers Market size was estimated at USD 850 million in 2023 and is projected to reach USD 1.55 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 9.00% during the forecast period (2024-2030).

Portable Label Printers Market

(Market Size)
$850 million
$1.55 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 9.00%
2023 Market Size USD 850 million
2030 Market Size USD 1.55 billion
Key Players Zebra, SATO, Honeywell, Brady, Cab

Market Summary

The portable label printers market is a dynamic segment within the machinery and equipment industry, experiencing steady growth due to increasing demand across various commercial and industrial sectors. These devices are essential for on-the-go labeling needs, offering convenience, efficiency, and accuracy in printing barcodes, QR codes, shipping labels, and other identification tags. The market is characterized by technological advancements, with manufacturers focusing on enhancing features such as wireless connectivity, durability, and user-friendly interfaces. Key end-users include retail, logistics, healthcare, manufacturing, and other businesses that require mobile labeling solutions to improve operational workflows and inventory management. The proliferation of e-commerce and the need for efficient supply chain management are significant factors propelling the adoption of portable label printers globally. Companies are increasingly investing in these devices to streamline processes, reduce errors, and enhance productivity, making portable label printers an indispensable tool in modern business operations.

Key Highlights

The portable label printers market is distinguished by several key highlights that underscore its importance and growth trajectory. Innovations in printing technology, such as thermal transfer and direct thermal methods, have improved print quality and speed, catering to diverse application requirements. The integration of Bluetooth, Wi-Fi, and NFC capabilities allows for seamless connectivity with smartphones, tablets, and other mobile devices, enhancing flexibility and ease of use. Additionally, the development of rugged and compact designs ensures durability and portability, making these printers suitable for harsh environments and field operations. Leading companies are also focusing on eco-friendly solutions, including energy-efficient models and recyclable materials, to meet sustainability goals. The market is highly competitive, with key players continuously introducing new products with advanced features to capture a larger market share. These highlights reflect the industry's commitment to meeting evolving customer needs and driving innovation in portable labeling solutions.

Drivers, Opportunities & Restraints

The growth of the portable label printers market is driven by several factors, including the rapid expansion of the e-commerce sector, which demands efficient labeling for shipping and inventory management. The increasing adoption of automation and digitalization in various industries also fuels the need for portable printers to support real-time data capture and processing. Moreover, the rise in mobile workforce and field services necessitates reliable, on-the-spot printing capabilities. Opportunities in this market abound, particularly in emerging economies where industrialization and retail growth are accelerating. The development of IoT-enabled printers and cloud-based solutions presents significant potential for market expansion. However, the market faces restraints such as high initial costs of advanced printers and the availability of alternative labeling methods, which may hinder adoption among small and medium-sized enterprises. Additionally, technical issues related to connectivity and battery life can pose challenges. Despite these restraints, the overall outlook remains positive, driven by continuous technological advancements and increasing demand for mobile printing solutions.

Concentration Insights

The portable label printers market exhibits a concentrated competitive landscape, with a few major players dominating the industry. Companies such as Zebra Technologies, SATO Holdings, and Honeywell International are at the forefront, leveraging their extensive product portfolios and strong distribution networks to maintain market leadership. These players focus on strategic initiatives such as mergers and acquisitions, partnerships, and product innovations to strengthen their market position. Regional concentration is also evident, with North America and Europe holding significant market shares due to early technology adoption and high industrial automation. However, the Asia-Pacific region is emerging as a key growth area, driven by rapid industrialization, expanding e-commerce, and increasing investments in logistics infrastructure. The market's concentration insights highlight the importance of innovation and strategic expansion for companies aiming to capture growth opportunities and compete effectively in this dynamic industry.

Type Insights

Portable label printers are categorized based on technology and functionality, with thermal transfer and direct thermal printers being the primary types. Thermal transfer printers use a ribbon to produce durable, long-lasting labels suitable for harsh environments and applications requiring high resistance to heat, chemicals, and abrasion. These are widely used in manufacturing, logistics, and healthcare for asset tracking and compliance labeling. Direct thermal printers, on the other hand, generate images by applying heat to thermal paper, eliminating the need for ink or ribbons. They are cost-effective and ideal for short-term labeling needs, such as shipping labels and receipts in retail and transportation. Additionally, there are industrial-grade portable printers designed for heavy-duty use and consumer-grade models for light applications. The choice between these types depends on factors such as print quality requirements, durability, and operational environment, influencing purchasing decisions across different industry verticals.

Application Insights

Portable label printers find applications across a wide range of industries, each with specific requirements driving demand. In the retail sector, these printers are used for price tagging, shelf labeling, and inventory management, enabling retailers to update information quickly and efficiently. The logistics and transportation industry relies on portable printers for generating shipping labels, tracking packages, and managing warehouse operations, enhancing accuracy and speed in supply chain processes. In healthcare, portable label printers are essential for patient identification, specimen labeling, and medication management, ensuring compliance and patient safety. Manufacturing industries utilize these devices for asset tracking, quality control, and product identification, supporting efficient production and distribution. Other applications include government, education, and field services, where mobile printing solutions facilitate data collection and reporting. The versatility of portable label printers makes them invaluable tools across various sectors, driving their widespread adoption.

Regional Insights

The portable label printers market demonstrates varied growth patterns across different regions, influenced by economic conditions, technological adoption, and industrial development. North America holds a significant market share, driven by advanced infrastructure, high penetration of e-commerce, and strong presence of key players. The region's focus on automation and efficient supply chain management further boosts demand. Europe follows closely, with robust adoption in retail, logistics, and manufacturing sectors, supported by stringent labeling regulations and emphasis on sustainability. The Asia-Pacific region is experiencing rapid growth, fueled by expanding e-commerce, industrialization, and increasing investments in logistics and healthcare infrastructure. Countries like China, India, and Japan are key contributors to market expansion. Latin America and the Middle East & Africa are emerging markets, with growing awareness and adoption of portable labeling solutions in various industries. Regional insights highlight the global nature of the market and the opportunities for growth in developing economies.

Company Insights

The portable label printers market is dominated by several key players who lead through innovation, quality, and strategic initiatives. Zebra Technologies is a prominent name, known for its extensive range of durable and high-performance printers catering to various industries. SATO Holdings specializes in barcode and labeling solutions, with a strong focus on sustainability and advanced technology. Honeywell International offers robust portable printers designed for demanding environments, emphasizing connectivity and user-friendly features. Other significant companies include Brother Industries, which provides reliable and cost-effective printing solutions, and Toshiba Tec, known for its innovative products and global reach. These companies invest heavily in research and development to introduce new features such as enhanced connectivity, longer battery life, and improved durability. Strategic partnerships, acquisitions, and expansions into emerging markets are common tactics employed to strengthen market presence and cater to evolving customer needs.

Recent Developments

Recent developments in the portable label printers market reflect the industry's ongoing innovation and adaptation to changing demands. Companies have introduced new models with enhanced wireless capabilities, including Bluetooth 5.0 and Wi-Fi 6, to ensure faster and more reliable connectivity. There is a growing emphasis on sustainability, with manufacturers developing energy-efficient printers and using recyclable materials to reduce environmental impact. Integration with mobile applications and cloud-based platforms has become a key trend, allowing users to print labels directly from their devices and access data remotely. Additionally, advancements in print technology have led to higher resolution outputs and faster printing speeds, improving efficiency for end-users. Strategic collaborations between printer manufacturers and software providers are also common, aiming to offer comprehensive labeling solutions. These developments highlight the market's commitment to meeting the evolving needs of businesses and enhancing the overall user experience.

Report Segmentation

The portable label printers market report is segmented to provide a comprehensive analysis of various aspects influencing the industry. Segmentation by type includes thermal transfer printers and direct thermal printers, each catering to different application needs based on durability and cost considerations. By application, the market is divided into retail, logistics & transportation, healthcare, manufacturing, and others, reflecting the diverse usage across sectors. Geographical segmentation covers North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, offering insights into regional trends and growth opportunities. Further segmentation may include analysis by technology, such as connectivity options (Bluetooth, Wi-Fi, NFC) and by end-user size, including small & medium enterprises and large enterprises. This detailed segmentation enables a thorough understanding of market dynamics, helping stakeholders identify key growth areas and make informed decisions.

FAQs

What is a portable label printer? A portable label printer is a compact, mobile device designed to print labels on-the-go, commonly used for barcodes, shipping labels, and identification tags in various industries.

How does a portable label printer work? Portable label printers typically use thermal technology, either direct thermal or thermal transfer, to create images on label paper without ink, offering quick and efficient printing.

Which industries use portable label printers? Industries such as retail, logistics, healthcare, manufacturing, and transportation widely use portable label printers for tasks like inventory management, shipping, and asset tracking.

What are the benefits of using a portable label printer? Benefits include improved efficiency, accuracy in labeling, mobility for field operations, reduced errors, and enhanced productivity in various business processes.

Are portable label printers wireless? Many modern portable label printers offer wireless connectivity options like Bluetooth and Wi-Fi, allowing them to connect to mobile devices and computers without cables.

What should I consider when choosing a portable label printer? Key considerations include print quality, durability, connectivity options, battery life, compatibility with devices, and specific application requirements for your industry.

Citius Research has developed a research report titled “Portable Label Printers 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

• Portable Label Printers 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 Portable Label Printers 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.

Portable Label Printers Market Segmentation

Market Segmentation

Regions Covered

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

Portable Label Printers Market Analysis

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

• Overview of Portable Label Printers Market
• Research Methodology
• Executive Summary
• Market Dynamics of Portable Label Printers 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 Portable Label Printers Market
• Cost and Gross Margin Analysis of Portable Label Printers Market
• Portable Label Printers 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 “Portable Label Printers 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.

Portable Label Printers Market Key Stakeholders

Below are the key stakeholders for the Portable Label Printers Market:

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

Portable Label Printers 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 Portable Label Printers 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 Portable Label Printers 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 Portable Label Printers 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 Portable Label Printers 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 Portable Label Printers Market is expected to grow at a CAGR of XX% from 2023 to 2030.
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For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
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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 Portable Label Printers 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 Portable Label Printers 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 Portable Label Printers 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 Portable Label Printers 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 Portable Label Printers 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 Portable Label Printers 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 Portable Label Printers 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 Portable Label Printers 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 Portable Label Printers 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 Portable Label Printers 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 Portable Label Printers 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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