B2C E-commerce Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0191902
  • Format: Electronic (PDF)
  • Number of Pages: 175
  • Author(s): Joshi, Madhavi

Report Overview

The B2C E-commerce Market size was estimated at USD 4500 billion in 2023 and is projected to reach USD 6500 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.50% during the forecast period (2024-2030).

B2C E-commerce Market

(Market Size)
$4500 billion
$6500 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 5.50%
2023 Market Size USD 4500 billion
2030 Market Size USD 6500 billion
Key Players Amazon, Alibaba, JD.com, eBay, Walmart

Market Summary

The B2C E-commerce market within the Consumer Goods industry represents a dynamic and rapidly evolving sector where businesses sell products directly to consumers through digital platforms. This market has fundamentally transformed retail, shifting significant consumer spending from traditional brick-and-mortar stores to online channels. The proliferation of smartphones, improved internet infrastructure, and changing consumer preferences for convenience and variety are central to this transformation. Companies operating in this space range from massive global online marketplaces to specialized niche brands selling directly from their own websites. The competitive landscape is intense, with success often hinging on superior user experience, efficient logistics, and effective digital marketing strategies. The market continues to mature, with innovation in areas like mobile commerce, social commerce, and personalized shopping experiences driving the next wave of growth. For businesses and investors, understanding the nuances of consumer behavior, technological adoption, and the regulatory environment is crucial for navigating this complex and highly competitive market.

Key Highlights

The B2C E-commerce market for Consumer Goods is characterized by several defining trends. The dominance of mobile commerce, or m-commerce, is a primary highlight, with a substantial portion of transactions now initiated on smartphones and tablets. This has necessitated that businesses prioritize mobile-optimized websites and dedicated applications. Another significant trend is the rise of social commerce, where social media platforms integrate direct purchasing capabilities, blurring the lines between social networking and online shopping. Personalization, powered by artificial intelligence and data analytics, is now a key differentiator, allowing retailers to offer tailored product recommendations and curated shopping experiences. Furthermore, the importance of a seamless omnichannel strategy cannot be overstated, as consumers expect a fluid experience between online and offline touchpoints. The competitive intensity is led by giants like Amazon and Alibaba, but the market also sees robust activity from vertical specialists and direct-to-consumer brands that leverage targeted marketing and unique value propositions.

Drivers, Opportunities & Restraints

The growth of the B2C E-commerce market is propelled by several powerful drivers. Widespread internet and smartphone penetration provides the foundational access for consumers to engage in online shopping. Changing consumer lifestyles, which prioritize convenience, time-saving, and a wider product selection, continue to fuel demand. Technological advancements in payment gateways, enhancing security and simplifying transactions, also play a critical role in building consumer trust and facilitating purchases. Significant opportunities lie in the continued expansion into emerging markets, where e-commerce adoption is still growing. The integration of advanced technologies like augmented reality for virtual try-ons and artificial intelligence for hyper-personalization presents further avenues for innovation and customer engagement. However, the market faces notable restraints. Intense competition often leads to price wars and thin margins. Logistics and supply chain complexities, especially for last-mile delivery and reverse logistics for returns, remain a persistent challenge. Data security concerns and evolving regulatory landscapes regarding consumer privacy and cross-border data flow also pose potential hurdles for market players.

Concentration Insights

The global B2C E-commerce market exhibits a high degree of concentration, with a few major players holding a significant share of the market. This concentration is most evident in North America and Asia-Pacific, where companies like Amazon, Alibaba, and JD.com have established formidable ecosystems encompassing marketplaces, logistics networks, payment systems, and cloud computing services. Their scale allows for immense economies of scope and scale, making it challenging for new entrants to compete on breadth of offering and delivery speed. However, the market is not monolithic. Beneath these giants exists a long tail of successful specialized retailers and direct-to-consumer brands. These companies often compete not on scale but on niche targeting, brand authenticity, and superior customer experience in specific product categories such as apparel, beauty, or home goods. This dynamic creates a market structure that is both highly concentrated at the platform level and fragmented at the brand and retailer level.

Type Insights

The B2C E-commerce market for Consumer Goods can be segmented by the type of goods sold, each with its own unique characteristics and dynamics. The apparel and footwear category is one of the largest and most competitive online, driven by fashion trends and the ease of comparing styles and prices. Electronics and media represent another massive segment, where consumers are highly informed and often research products extensively online before purchase. The home and furniture category has seen accelerated growth, particularly with the adoption of augmented reality tools that allow customers to visualize products in their own space. Fast-moving consumer goods, including groceries and personal care items, are a rapidly growing segment, though logistics involving perishable goods present specific challenges. Each product type demands tailored strategies regarding marketing, inventory management, packaging, and delivery to meet specific consumer expectations and operational requirements.

Application Insights

The application of B2C E-commerce platforms varies significantly based on the business model and target audience. The marketplace model, exemplified by Amazon and eBay, provides a platform for numerous third-party sellers to reach a vast audience, handling transactions and often fulfillment. In contrast, the retail model involves established brick-and-mortar retailers extending their presence online to create an omnichannel experience, such as Walmart or Target. The direct-to-consumer model has gained tremendous traction, where brands like Warby Parker or Glossier bypass intermediaries to sell directly to customers through their own e-commerce sites, allowing for greater brand control and customer relationship management. Social commerce is an emerging application where purchasing is integrated directly into social media platforms like Instagram and Facebook, leveraging influencer marketing and social proof. Each application requires a distinct approach to technology, customer acquisition, and order fulfillment.

Regional Insights

The adoption and maturity of B2C E-commerce vary considerably across different regions. The Asia-Pacific region is the largest and most dynamic market, led by China, which boasts a highly developed digital ecosystem and consumer acceptance of mobile payments. Southeast Asian nations are experiencing rapid growth driven by increasing internet access. North America, particularly the United States, is a mature market characterized by high per capita online spending and a strong logistics infrastructure, with Amazon being a dominant force. Europe presents a diverse landscape, with Western European countries like the UK and Germany having mature markets, while Eastern Europe shows stronger growth potential. Latin America and the Middle East & Africa are emerging regions where e-commerce is growing from a smaller base, offering significant long-term opportunities, though challenges related to payment methods and logistics infrastructure remain. Each region requires a localized strategy considering cultural preferences, competitive landscape, and logistical capabilities.

Company Insights

The competitive arena of the B2C E-commerce market is led by a mix of global conglomerates and agile specialists. Amazon stands as a behemoth, with its vast marketplace, Prime membership program, and industry-leading logistics network setting a high bar for convenience and delivery speed. Alibaba Group, through its platforms Taobao and Tmall, dominates the Chinese market and has a significant international presence. JD.com is another Chinese leader known for its investment in a proprietary logistics network ensuring rapid and reliable delivery. Beyond these giants, companies like eBay operate a vast auction and fixed-price marketplace, while traditional retailers such as Walmart and Target have built formidable omnichannel operations. The market also features a vibrant ecosystem of direct-to-consumer brands like Warby Parker and digitally-native vertical brands that have disrupted traditional industries by controlling the entire customer experience from manufacturing to sales.

Recent Developments

The B2C E-commerce landscape is continuously shaped by innovation and strategic moves from key players. A major recent trend is the increased investment in and adoption of artificial intelligence and machine learning to power hyper-personalized shopping experiences, optimize search results, and manage dynamic pricing. The integration of augmented reality and virtual reality tools has advanced, allowing customers to visualize products like furniture or try on makeup virtually from home. There is a significant push towards improving sustainability within e-commerce operations, focusing on eco-friendly packaging and carbon-neutral delivery options. The competitive landscape has seen further blurring of lines, with social media platforms like TikTok and Instagram aggressively expanding their native shopping features. Furthermore, companies are heavily investing in automating and robotics within fulfillment centers to enhance sorting and packing efficiency and reduce delivery times to meet rising consumer expectations.

Report Segmentation

This comprehensive market research report on the B2C E-commerce Market for Consumer Goods provides a detailed analysis segmented across multiple dimensions to offer a granular understanding. The report is segmented by type of product, which includes key categories such as apparel and footwear, consumer electronics, home and furniture, and fast-moving consumer goods. It is further segmented by platform type, distinguishing between desktop and mobile commerce to highlight shifting user preferences. The application segmentation covers the different business models prevalent in the market, including business-to-consumer, customer-to-customer, and others. Geographically, the report provides an in-depth analysis of major regions including North America, Europe, Asia-Pacific, South America, and the Middle East and Africa, with further breakdowns for key countries within these regions. This multi-faceted segmentation allows stakeholders to identify specific growth pockets, understand competitive dynamics in niche segments, and tailor their strategies accordingly.

FAQs

What are the key drivers of the B2C E-commerce market? The primary drivers include increasing internet and smartphone penetration, consumer demand for convenience and a wider product selection, secure and versatile payment options, and advancements in logistics enabling faster delivery.

What is the future of B2C E-commerce? The future is oriented towards greater personalization through AI, the growth of social and mobile commerce, the integration of immersive technologies like AR/VR, and an increased focus on sustainable and ethical business practices.

Who are the major players in the B2C E-commerce market? Major players include global platform giants such as Amazon, Alibaba Group, JD.com, and eBay, alongside powerful omnichannel retailers like Walmart and a growing number of successful direct-to-consumer brands.

What are the main challenges in B2C E-commerce? Significant challenges include intense competition leading to margin pressure, complexities in logistics and supply chain management, cybersecurity threats, and navigating an evolving regulatory environment concerning data privacy and taxation.

How is mobile commerce impacting B2C E-commerce? Mobile commerce has become absolutely central, with a majority of traffic and a growing share of transactions originating from mobile devices, necessitating mobile-first design and marketing strategies.

Which region has the largest B2C E-commerce market? The Asia-Pacific region is currently the largest and fastest-growing B2C E-commerce market globally, largely driven by the massive consumer bases and advanced digital ecosystems in China and other Southeast Asian countries.

Citius Research has developed a research report titled “B2C E-commerce 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

• B2C E-commerce 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 B2C E-commerce 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.

B2C E-commerce Market Segmentation

Market Segmentation

Regions Covered

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

B2C E-commerce Market Analysis

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

• Overview of B2C E-commerce Market
• Research Methodology
• Executive Summary
• Market Dynamics of B2C E-commerce 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 B2C E-commerce Market
• Cost and Gross Margin Analysis of B2C E-commerce Market
• B2C E-commerce 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 “B2C E-commerce 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.

B2C E-commerce Market Key Stakeholders

Below are the key stakeholders for the B2C E-commerce Market:

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

B2C E-commerce 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 B2C E-commerce 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 B2C E-commerce 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 B2C E-commerce 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 B2C E-commerce 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 B2C E-commerce 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 B2C E-commerce 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 B2C E-commerce 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 B2C E-commerce 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 B2C E-commerce 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 B2C E-commerce 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 B2C E-commerce 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 B2C E-commerce 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 B2C E-commerce 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 B2C E-commerce 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 B2C E-commerce 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 B2C E-commerce 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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