SAVE Tourism 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: CR0192447
  • Format: Electronic (PDF)
  • Number of Pages: 205
  • Author(s): Joshi, Madhavi

Report Overview

The SAVE Tourism Market size was estimated at USD 1.2 billion in 2023 and is projected to reach USD 2.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 12.00% during the forecast period (2024-2030).

SAVE Tourism Market

(Market Size)
$1.2 billion
$2.8 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 12.00%
2023 Market Size USD 1.2 billion
2030 Market Size USD 2.8 billion
Key Players Expedia, Booking Holdings, Airbnb, TripAdvisor, MakeMyTrip

Market Summary

The SAVE Tourism Market represents a specialized segment within the broader tourism and consumer goods industry, focusing on Scientific, Academic, Volunteer, and Educational travel. This market caters to travelers seeking meaningful, purpose-driven experiences that contribute to personal development, skill acquisition, and societal or environmental betterment, rather than conventional leisure activities. It intersects significantly with the consumer goods sector through the demand for specialized equipment, sustainable products, and educational materials that support these immersive travel experiences. Participants often require durable, eco-friendly gear, culturally appropriate apparel, and learning resources, driving innovation and ethical production practices among consumer goods manufacturers. The market is characterized by a growing consumer shift towards transformational travel, where the value is placed on learning and contribution over mere recreation. This evolution reflects broader societal trends towards sustainability, conscious consumerism, and lifelong learning, influencing both travel behaviors and associated purchasing decisions in the consumer goods space.

Key Highlights

The SAVE Tourism Market is distinguished by its strong alignment with global sustainability and educational trends, making it a high-growth niche. A key highlight is the deep integration between travel experiences and the consumption of specific consumer goods designed for durability, ethical sourcing, and minimal environmental impact. Brands such as Patagonia, REI, and The North Face are pivotal, supplying high-performance apparel and equipment tailored for volunteer and scientific expeditions. The market also emphasizes authentic cultural immersion, which fuels demand for locally made crafts, artifacts, and educational materials, providing economic opportunities for communities and artisans. Furthermore, the rise of digital platforms has facilitated easier access to SAVE travel opportunities, connecting providers with a global audience of conscious travelers. Corporate involvement is increasing, with companies sponsoring employee volunteer trips and academic excursions as part of corporate social responsibility programs, thereby expanding the market's reach and reinforcing the synergy between transformative travel and responsible consumerism.

Drivers, Opportunities & Restraints

Primary drivers of the SAVE Tourism Market include rising consumer awareness regarding environmental conservation and social responsibility, which propels demand for travel that offers purposeful engagement. Educational trends emphasizing experiential learning and skill development outside traditional settings further stimulate growth, as individuals seek to enhance their resumes and personal knowledge through hands-on involvement. Opportunities abound in the development of specialized consumer goods, such as eco-friendly travel gear, portable scientific tools, and culturally sensitive volunteer kits, allowing companies to tap into a discerning customer base. Partnerships between tourism operators, academic institutions, and non-profits present additional avenues for market expansion and integrated service offerings. However, the market faces restraints including high costs associated with specialized travel and ethically produced goods, which can limit accessibility. Logistical complexities, such as obtaining permits for scientific research or coordinating volunteer projects in remote areas, also pose challenges. Additionally, economic downturns can affect discretionary spending on premium, value-driven travel experiences and associated consumer products.

Concentration Insights

The SAVE Tourism Market exhibits a concentrated yet competitive landscape, with key players including established travel companies, specialized tour operators, and consumer goods manufacturers. Major entities such as G Adventures, Intrepid Travel, and TUI Group have developed dedicated SAVE divisions, offering curated scientific, academic, and volunteer packages. These companies often collaborate with gear manufacturers like Columbia Sportswear and Eagle Creek, which supply products designed for rugged, ethical travel. Market concentration is also evident in specific geographic regions that serve as hubs for such activities, including Costa Rica for ecological tourism, Nepal for volunteer trekking, and various European countries for academic and heritage tours. The consumer goods aspect sees concentration among brands that champion sustainability and corporate responsibility, as they are preferentially selected by both tour operators and end consumers. This concentration fosters a ecosystem where trusted names dominate supply chains and distribution networks, though niche startups continue to emerge, focusing on hyper-specialized segments like marine conservation or archaeological digs.

Type Insights

The SAVE Tourism Market is segmented by type into Scientific, Academic, Volunteer, and Educational tourism, each with distinct characteristics and consumer goods implications. Scientific tourism involves travel for research, data collection, or participation in citizen science projects, necessitating durable equipment such as water testing kits, binoculars, and protective clothing from brands like Osprey and Leatherman. Academic tourism includes study abroad programs, workshops, and cultural exchanges, driving demand for educational materials, language guides, and appropriate attire that respects local customs. Volunteer tourism, or voluntourism, focuses on contributing to community development or environmental projects, requiring tools, construction materials, and sustainable personal care products often sourced from socially responsible companies. Educational tourism encompasses tours designed around learning specific skills or histories, spurring interest in locally crafted goods, books, and multimedia resources. Each type influences consumer goods purchasing patterns, emphasizing functionality, ethical production, and cultural appropriateness, thereby shaping product development and marketing strategies within the industry.

Application Insights

Applications of the SAVE Tourism Market are diverse, spanning individual travelers, educational institutions, corporations, and non-profit organizations. Individual consumers engage in SAVE tourism for personal enrichment, career development, or philanthropic reasons, purchasing specialized gear, clothing, and accessories tailored to their specific trip type, such as hiking boots for volunteer treks or laptops for academic research trips. Educational institutions, including universities and schools, organize trips for students, necessitating bulk purchases of equipment, uniforms, and learning materials, often partnering with suppliers for customized solutions. Corporations utilize SAVE tourism for employee engagement programs, team-building exercises, and CSR initiatives, procuring travel packages and branded merchandise that reflect their commitment to sustainability. Non-profits and NGOs facilitate volunteer and scientific trips, requiring reliable equipment donations and ethically sourced supplies for field operations. Each application segment drives demand for different consumer goods, from high-tech gadgets for data collection to simple, durable tools for community service, highlighting the market's broad impact on manufacturing and retail sectors.

Regional Insights

Regionally, the SAVE Tourism Market demonstrates varied development, influenced by geographic, economic, and cultural factors. North America and Europe are mature markets, with high participation rates in academic and volunteer tourism, supported by well-established travel industries and strong consumer awareness of sustainability. These regions also host leading consumer goods brands that cater to adventure and ethical travel, driving innovation in product design. The Asia-Pacific region is experiencing rapid growth, fueled by expanding middle-class populations, increasing educational attainment, and rich biodiversity that attracts scientific and volunteer tourists. Countries like Australia, Thailand, and India are key destinations, boosting local demand for related goods and services. Latin America and Africa are prominent for volunteer and ecological tourism due to their diverse ecosystems and community needs, though infrastructure challenges can affect goods availability. Each region presents unique opportunities for consumer goods companies to adapt products to local climates, cultures, and trip types, ensuring relevance and compliance with regional standards and preferences.

Company Insights

Several companies play pivotal roles in the SAVE Tourism Market, spanning tour operators, gear manufacturers, and educational service providers. Prominent tour operators include G Adventures, which offers a range of volunteer and educational trips, and Projects Abroad, specializing in tailored volunteer placements. Intrepid Travel is notable for its sustainable and community-focused tours, often incorporating scientific and cultural elements. On the consumer goods side, companies like Patagonia and REI are leaders, providing environmentally responsible apparel and equipment essential for rigorous travel. Decathlon offers affordable, functional gear accessible to a broader demographic, including students and budget-conscious travelers. Academic providers such as EF Education First and CIEE facilitate study abroad programs, driving demand for educational materials and travel accessories. These companies emphasize corporate responsibility, often engaging in partnerships that enhance the SAVE experience, from sourcing products ethically to supporting local communities, thereby strengthening their market position and aligning with the values of conscious consumers.

Recent Developments

Recent developments in the SAVE Tourism Market reflect a heightened focus on sustainability, technology integration, and adaptive responses to global challenges. Many tour operators have enhanced their health and safety protocols, incorporating eco-friendly practices and digital tools for virtual pre-trip training and on-site guidance, which influences the types of consumer goods required, such as sanitization products and tech devices. There is a growing trend towards carbon-neutral trips, prompting collaborations with consumer goods companies to offset emissions through sustainable product lines and packaging. Innovations include the development of biodegradable camping gear and apparel made from recycled materials, led by brands like Columbia and The North Face. Additionally, the rise of domestic SAVE tourism in response to travel restrictions has opened new markets for local gear rentals and culturally focused educational kits. Partnerships between universities and tourism boards have expanded, creating standardized equipment lists and preferred supplier networks to ensure quality and sustainability across operations.

Report Segmentation

The SAVE Tourism Market report is segmented to provide detailed analysis across multiple dimensions. Segmentation by type includes Scientific Tourism, Academic Tourism, Volunteer Tourism, and Educational Tourism, each examined for their unique characteristics and consumer goods linkages. Application segmentation covers Individual Travelers, Educational Institutions, Corporate Groups, and Non-Profit Organizations, highlighting distinct purchasing behaviors and product requirements. Geographically, the market is divided into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa, with regional analysis focusing on demand patterns, regulatory environments, and growth potential. Consumer goods segmentation considers product categories such as Apparel, Equipment, Educational Materials, and Personal Care Items, assessing trends in sustainability, innovation, and brand preferences. This multi-faceted approach allows stakeholders to identify niche opportunities, understand regional disparities, and tailor strategies to specific segments, ensuring comprehensive market intelligence that drives informed decision-making for businesses and investors.

FAQs

What is SAVE tourism? SAVE tourism stands for Scientific, Academic, Volunteer, and Educational tourism, encompassing travel focused on purpose-driven activities like research, learning, and community service rather than traditional leisure.

How does SAVE tourism differ from ecotourism? While both emphasize sustainability, SAVE tourism specifically integrates scientific, academic, volunteer, and educational elements, often involving structured programs and skill development, whereas ecotourism broadly focuses on nature-based experiences with minimal environmental impact.

What types of consumer goods are associated with SAVE tourism? Common goods include durable outdoor apparel, scientific equipment, volunteer tools, educational resources, and eco-friendly personal care products, all designed for functionality, ethics, and sustainability.

Who are the key players in the SAVE tourism market? Major players include tour operators like G Adventures and Intrepid Travel, consumer goods brands such as Patagonia and Decathlon, and educational providers like EF Education First.

What are the benefits of SAVE tourism for local communities? It provides economic opportunities through tourism spending, supports community projects via volunteer efforts, and fosters cultural exchange, often leading to sustainable development and enhanced local infrastructure.

How has COVID-19 impacted the SAVE tourism market? It initially caused disruptions through travel restrictions but accelerated trends towards domestic trips, health-conscious goods, and virtual volunteering options, leading to innovation in safety protocols and digital integration.

Citius Research has developed a research report titled “SAVE Tourism 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

• SAVE Tourism 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 SAVE Tourism 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.

SAVE Tourism Market Segmentation

Market Segmentation

Regions Covered

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

SAVE Tourism Market Analysis

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

• Overview of SAVE Tourism Market
• Research Methodology
• Executive Summary
• Market Dynamics of SAVE Tourism 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 SAVE Tourism Market
• Cost and Gross Margin Analysis of SAVE Tourism Market
• SAVE Tourism 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 “SAVE Tourism 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.

SAVE Tourism Market Key Stakeholders

Below are the key stakeholders for the SAVE Tourism Market:

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

SAVE Tourism 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 SAVE Tourism 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 SAVE Tourism 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 SAVE Tourism 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 SAVE Tourism 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 SAVE Tourism 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 SAVE Tourism 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 SAVE Tourism 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 SAVE Tourism 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 SAVE Tourism 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 SAVE Tourism 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 SAVE Tourism 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 SAVE Tourism 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 SAVE Tourism 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 SAVE Tourism 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 SAVE Tourism 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 SAVE Tourism 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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