India Air Treatment Products 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: CR0193719
  • Format: Electronic (PDF)
  • Number of Pages: 223
  • Author(s): Joshi, Madhavi

Report Overview

The India Air Treatment Products Market size was estimated at USD 3.2 billion in 2023 and is projected to reach USD 6.5 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 10.80% during the forecast period (2024-2030).

India Air Treatment Products Market

(Market Size)
$3.2 billion
$6.5 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 10.80%
2023 Market Size USD 3.2 billion
2030 Market Size USD 6.5 billion
Key Players Honeywell, Dyson, LG, Sharp, Philips

Market Summary

The India air treatment products market represents a dynamic and expanding segment within the consumer goods industry, driven by increasing consumer awareness regarding indoor air quality and health. This market encompasses a wide array of products designed to purify, humidify, dehumidify, and condition the air within residential, commercial, and industrial spaces. The demand is largely fueled by rapid urbanization, rising disposable incomes, and a growing middle class that is increasingly prioritizing health and wellness. Key product categories include air purifiers, humidifiers, dehumidifiers, and air conditioners with advanced filtration technologies. The market is characterized by intense competition among both domestic and international players who are continually innovating to offer more efficient, smart, and aesthetically pleasing products. The proliferation of online retail channels has significantly enhanced product accessibility and consumer reach, further stimulating market growth. Government initiatives aimed at reducing air pollution levels in major metropolitan areas also indirectly support market expansion by raising public consciousness about the importance of clean air.

Key Highlights

The India air treatment products market is distinguished by several pivotal developments that underscore its evolution. A prominent trend is the integration of smart technology and Internet of Things (IoT) capabilities into air purifiers and other devices, allowing users to monitor and control air quality remotely via smartphones. The heightened consumer focus on health, particularly in the wake of respiratory health concerns, has accelerated the adoption of high-efficiency particulate air (HEPA) and activated carbon filtration technologies. Another significant highlight is the strategic expansion of distribution networks, with companies bolstering their presence in tier-II and tier-III cities to tap into underserved markets. The competitive landscape is marked by frequent new product launches, featuring innovations such as multi-stage filtration systems, low noise operation, and energy-efficient models. Furthermore, the commercial and industrial application segments are witnessing robust growth, driven by corporate wellness programs and stringent indoor air quality standards in workplaces, hospitals, and hospitality sectors.

Drivers, Opportunities & Restraints

The growth of the India air treatment products market is propelled by several key drivers, primarily the deteriorating air quality in major urban centers, which has heightened consumer awareness and demand for effective air purification solutions. Rising health consciousness, coupled with increased incidences of respiratory ailments such as asthma and allergies, is compelling households and businesses to invest in air treatment devices. Government regulations and initiatives aimed at combating environmental pollution also play a supportive role in market expansion. Significant opportunities exist in the development of cost-effective and energy-efficient products tailored for the price-sensitive mass market, as well as in the untapped potential of rural and semi-urban areas. The growing commercial real estate sector and the implementation of green building standards present additional avenues for growth. However, the market faces restraints including the high initial cost of advanced air treatment systems, which can be a barrier for widespread adoption among budget-conscious consumers. Limited consumer awareness in certain regions and the presence of counterfeit products also pose challenges to market growth.

Concentration Insights

The competitive concentration in the India air treatment products market is moderately fragmented, featuring a mix of well-established multinational corporations and emerging domestic players. Leading companies such as Blue Star, Voltas, and Eureka Forbes hold significant market share, leveraging their strong brand reputation, extensive distribution networks, and diverse product portfolios. International brands like Dyson, Philips, and Honeywell have also carved out substantial niches, particularly in the premium segment, by offering technologically advanced and design-oriented products. The market concentration is higher in the urban metropolitan areas where consumer purchasing power and awareness levels are elevated. However, the entry of new players and the expansion strategies of existing ones are gradually increasing competition across all regions. The online sales channel has further democratized market access, allowing smaller brands to compete effectively by reaching a broader audience. Strategic partnerships, mergers, and acquisitions are common as companies seek to enhance their technological capabilities and market reach.

Type Insights

The India air treatment products market is segmented by type into several key categories, each addressing specific consumer needs. Air purifiers represent the largest and fastest-growing segment, driven by concerns over particulate matter, allergens, and volatile organic compounds in indoor environments. These devices utilize various filtration technologies including HEPA, activated carbon, UV light, and ionizers. Humidifiers and dehumidifiers form another critical category, catering to the need for maintaining optimal humidity levels, particularly in regions with extreme climatic conditions. Air conditioners with built-in air purification features are gaining popularity as multifunctional solutions. Additionally, specialized products such as wearable air purifiers and car air purifiers are emerging as niche segments. The demand for portable and compact designs is rising, reflecting the urban lifestyle and space constraints. Technological advancements are continuously enhancing product efficiency, durability, and user convenience, with a clear trend towards smart and connected devices that offer real-time air quality monitoring and automated operation.

Application Insights

Application insights reveal that the India air treatment products market serves a diverse range of sectors, primarily segmented into residential, commercial, and industrial applications. The residential sector is the dominant application area, accounting for the largest market share, as homeowners and renters increasingly invest in air purifiers and other devices to safeguard their family's health. Within commercial applications, the demand is robust in corporate offices, healthcare facilities, educational institutions, and hospitality venues, where maintaining high indoor air quality is essential for occupant well-being and productivity. The industrial segment utilizes air treatment systems to ensure compliance with environmental regulations and to protect sensitive manufacturing processes from contaminants. The post-pandemic era has further accelerated adoption across all applications, with a heightened emphasis on ventilation and air purification as key components of health and safety protocols. The commercial segment is expected to witness significant growth, supported by corporate wellness initiatives and the development of smart building infrastructure.

Regional Insights

Regional analysis indicates that the demand for air treatment products in India is predominantly concentrated in the northern and western regions, particularly in metropolitan cities such as Delhi, Mumbai, Bangalore, and Chennai. The northern region, including the National Capital Territory, experiences severe air pollution levels, especially during the winter months, which drives exceptionally high demand for air purifiers and related products. The western region, with its significant industrial and commercial activity, also represents a major market. However, growing awareness and deteriorating air quality are catalyzing market growth in eastern and southern regions as well. Tier-II and tier-III cities are emerging as new growth frontiers, as companies expand their distribution networks and marketing efforts to these areas. Regional disparities in climate also influence product preference; for instance, dehumidifiers see higher demand in coastal areas with high humidity, while humidifiers are more popular in arid regions. Government air quality improvement programs are unevenly implemented across states, affecting market dynamics regionally.

Company Insights

The India air treatment products market features a competitive landscape with several prominent companies striving for market leadership. Blue Star Limited is a key player, renowned for its comprehensive range of air conditioners and purifiers, backed by strong engineering and service capabilities. Voltas Limited, a part of the Tata Group, holds a significant market position with its diverse portfolio and extensive retail presence. Eureka Forbes, with its iconic Aquaguard and Aeroguard brands, has a longstanding reputation in the water and air purification space. International giants such as Koninklijke Philips N.V. and Dyson Ltd. compete in the premium segment with their innovative, design-focused, and technology-intensive products. Honeywell International Inc. is another major participant, offering advanced air purification solutions for both consumer and industrial applications. Emerging players and startups are also entering the market, often focusing on niche segments or direct-to-consumer online sales models. Companies are increasingly investing in research and development to introduce products with enhanced features such as IoT connectivity, energy efficiency, and improved filtration efficacy to gain a competitive edge.

Recent Developments

The India air treatment products market has witnessed several noteworthy developments recently, reflecting the industry's rapid evolution and response to consumer demands. A significant trend is the launch of smart air purifiers equipped with Wi-Fi and app-based controls, enabling users to monitor indoor air quality metrics in real-time and receive filter replacement alerts. Many companies have introduced products with enhanced filtration capabilities, including sensors that detect pollutants and automatically adjust fan speed. There has been a surge in the introduction of portable and compact models designed for small spaces and vehicles, catering to the mobile lifestyle of urban consumers. Strategic collaborations and partnerships between air treatment product manufacturers and technology firms are becoming common to integrate advanced features. Furthermore, companies are increasingly emphasizing sustainable practices by developing energy-star rated products and using recyclable materials in packaging. The market has also seen increased marketing efforts focused on educating consumers about the health benefits of clean air, particularly through digital and social media platforms.

Report Segmentation

This market research report on the India air treatment products market offers a detailed segmentation analysis to provide a comprehensive understanding of the market dynamics. The report is segmented by product type, which includes air purifiers, humidifiers, dehumidifiers, and others, each analyzed in terms of market trends and growth potential. Further segmentation by technology covers HEPA, activated carbon, ionic filters, UV light, and other emerging technologies, highlighting the adoption rates and consumer preferences for each. The application segment is divided into residential, commercial, and industrial sectors, with an in-depth examination of demand drivers specific to each sector. Distribution channel segmentation encompasses online and offline channels, assessing the growing influence of e-commerce platforms alongside traditional retail stores. The report also includes a regional breakdown, analyzing market performance across North, South, East, and West India, and identifying key growth areas and regional peculiarities. This multi-faceted segmentation enables stakeholders to identify lucrative opportunities and tailor their strategies accordingly.

FAQs

What are air treatment products? Air treatment products are devices designed to improve indoor air quality by removing contaminants, controlling humidity levels, and eliminating odors. Common products include air purifiers, which use filters to capture particles like dust, pollen, and smoke; humidifiers that add moisture to dry air; and dehumidifiers that reduce excess humidity to prevent mold growth.

Why is the demand for air purifiers increasing in India? The demand for air purifiers in India is rising due to worsening air pollution levels in major cities, increased health awareness among consumers, and a growing incidence of respiratory problems. Public health advisories and media coverage of air quality issues have further accelerated adoption.

Which companies are the leaders in the Indian air treatment market? Key leaders in the Indian air treatment market include Blue Star, Voltas, Eureka Forbes, Philips, and Dyson. These companies are recognized for their strong brand presence, innovative product offerings, and extensive distribution networks across the country.

What are the different technologies used in air purifiers? Air purifiers employ various technologies such as High-Efficiency Particulate Air (HEPA) filters to trap airborne particles, activated carbon filters to adsorb gases and odors, UV light to kill microorganisms, and ionizers to charge particles for easier filtration.

How does indoor air quality affect health? Poor indoor air quality can lead to a range of health issues including allergies, asthma, respiratory infections, and long-term cardiovascular problems. Contaminants like dust mites, mold spores, pet dander, and volatile organic compounds are common culprits that air treatment products aim to eliminate.

Are air treatment products only for residential use? No, air treatment products are used across residential, commercial, and industrial applications. They are essential in offices, hospitals, schools, hotels, and manufacturing facilities to ensure a healthy environment, comply with safety standards, and protect sensitive equipment.

Citius Research has developed a research report titled “India Air Treatment Products Market Report - 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

• India Air Treatment Products 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 India Air Treatment Products 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.

India Air Treatment Products Market Segmentation

Market Segmentation

Regions Covered

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

India Air Treatment Products Market Analysis

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

• Overview of India Air Treatment Products Market
• Research Methodology
• Executive Summary
• Market Dynamics of India Air Treatment Products 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 India Air Treatment Products Market
• Cost and Gross Margin Analysis of India Air Treatment Products Market
• India Air Treatment Products Market Report - 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 “India Air Treatment Products Market Report - 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.

India Air Treatment Products Market Key Stakeholders

Below are the key stakeholders for the India Air Treatment Products Market:

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

India Air Treatment Products 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 India Air Treatment Products 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 India Air Treatment Products 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 India Air Treatment Products 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 India Air Treatment Products 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 India Air Treatment Products 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 India Air Treatment Products 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 India Air Treatment Products 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 India Air Treatment Products 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 India Air Treatment Products 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 India Air Treatment Products 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 India Air Treatment Products 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 India Air Treatment Products 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 India Air Treatment Products 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 India Air Treatment Products 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 India Air Treatment Products 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 India Air Treatment Products 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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