4-Loop FIBC 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: CR0209456
  • Format: Electronic (PDF)
  • Number of Pages: 203
  • Author(s): Joshi, Madhavi

Report Overview

The 4-Loop FIBC Market size was estimated at USD 600 million in 2023 and is projected to reach USD 1 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.80% during the forecast period (2024-2030).

4-Loop FIBC Market

(Market Size)
$600 million
$1 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 7.80%
2023 Market Size USD 600 million
2030 Market Size USD 1 billion
Key Players Bulk Lift International, Berry Global, LC Packaging, Conitex Sonoco, Greif

Market Summary

The 4-Loop FIBC market represents a specialized segment within the bulk packaging industry, focusing on flexible intermediate bulk containers equipped with four lifting loops. These containers are engineered for the safe and efficient transportation and storage of a wide range of dry, flowable products, such as fertilizers, chemicals, food grains, and construction materials. The design, featuring four loops, is integral for ensuring stability and secure handling during lifting and movement, often by crane or forklift. The market is driven by the global demand from end-use industries that require robust, cost-effective, and reusable packaging solutions to streamline their logistics and supply chain operations. Key manufacturers are continuously engaged in product innovation, focusing on enhancing material strength, safety features like UV protection, and compliance with international standards for transporting hazardous and non-hazardous goods. The market's evolution is closely tied to industrial and agricultural output, with growth opportunities emerging from developing economies increasing their manufacturing and export activities.

Key Highlights

A primary highlight of the 4-Loop FIBC market is its critical role in enhancing operational safety. These bags are designed with a specific focus on load stability, significantly reducing the risk of accidents during lifting and transport compared to other configurations. The construction typically involves high-tenacity polypropylene woven fabric, which offers an exceptional strength-to-weight ratio, ensuring the safe containment of heavy loads up to several tons. Another significant aspect is the customization available; manufacturers provide options in terms of liners, coatings, and dimensions to meet specific product requirements, including moisture barriers or antistatic properties for sensitive materials. The market is also characterized by a strong emphasis on sustainability, with a shift towards circular economy models promoting the reuse and recycling of FIBCs. Leading companies like Berry Global Inc., Greif Inc., and Conitex Sonoco are at the forefront of developing innovative and environmentally conscious solutions, further solidifying the market's importance in global trade and logistics.

Drivers, Opportunities & Restraints

The growth of the 4-Loop FIBC market is propelled by several key drivers. The expansion of the chemical and agricultural industries worldwide creates sustained demand for reliable bulk packaging. The cost-effectiveness and efficiency of FIBCs in logistics, offering advantages over rigid alternatives like drums or boxes, are significant drivers. Furthermore, stringent government regulations concerning the safe transport of goods, particularly hazardous materials, compel industries to adopt certified and safe packaging solutions like 4-Loop FIBCs. The market presents substantial opportunities in the development of bio-based and recyclable materials, aligning with global sustainability trends. Emerging economies in Asia-Pacific and Latin America offer untapped potential due to growing industrialzation. However, the market faces restraints, including price volatility of raw materials like polypropylene, which can impact manufacturing costs and profit margins. Additionally, the market is susceptible to economic downturns that reduce industrial output and, consequently, the demand for bulk packaging. Competition from alternative packaging formats and the need for significant investment in compliance and certification also pose challenges to market players.

Concentration Insights

The global 4-Loop FIBC market exhibits a moderately concentrated landscape with the presence of several established international players and a multitude of regional manufacturers. Market concentration is highest in regions with advanced manufacturing capabilities and strong end-user industries, such as North America and Europe. In these regions, companies like Berry Global Inc. and LC Packaging International BV hold significant market share due to their extensive product portfolios, strong distribution networks, and focus on technological innovation. The Asia-Pacific region, while a major consumer, has a more fragmented supplier base with numerous local manufacturers competing on price. This regional fragmentation is due to lower barriers to entry in production. The competitive dynamics are influenced by factors such as production capacity, product quality, compliance with international safety standards, and the ability to offer customized solutions. Strategic activities including mergers, acquisitions, and capacity expansions are common as companies aim to strengthen their global footprint and market concentration.

Type Insights

4-Loop FIBCs are categorized based on their construction and specific features designed for different applications. A fundamental classification is between standard and certified types. Standard FIBCs are used for general-purpose, non-hazardous materials and are the most common type. Certified FIBCs include more specialized designs to meet rigorous safety standards. For instance, Type C FIBCs are constructed with conductive threads or fabric to prevent the occurrence of electrostatic sparks, making them essential for transporting flammable powders or solvents. Type D FIBCs are designed with static dissipative fabric that safely grounds electrostatic charges without a connection to ground, offering protection in environments where grounding is not feasible. Other types include food-grade FIBCs, which use materials safe for direct contact with consumables, and anti-static FIBCs for general-purpose use where some static control is beneficial. The choice of type is dictated by the product's characteristics and the regulatory environment of the end-use industry.

Application Insights

The application of 4-Loop FIBCs spans a diverse range of industries, underscoring their versatility. The chemical industry is a predominant end-user, utilizing these bags for packaging a vast array of products including pigments, dyes, plastic resins, and other industrial chemicals. The design and safety features are critical for preventing contamination and ensuring safe handling of potentially hazardous materials. The agricultural sector is another major application area, where FIBCs are used for storing and transporting fertilizers, animal feed, seeds, and grains. Their ability to protect contents from moisture and pests is highly valued. The construction industry employs 4-Loop FIBCs for materials like sand, cement, and gravel, leveraging their durability and high load-bearing capacity. Furthermore, they find applications in the food and pharmaceutical industries for products like sugar, flour, and certain additives, where hygiene and contamination control are paramount. Each application sector has specific requirements that dictate the material, lining, and design of the FIBC used.

Regional Insights

The demand for 4-Loop FIBCs demonstrates distinct regional patterns influenced by industrial activity and economic development. The Asia-Pacific region dominates the global market, driven by rapidly expanding manufacturing sectors in China and India. These countries are major producers and exporters of chemicals, fertilizers, and food products, creating immense demand for efficient bulk packaging solutions. North America and Europe represent mature markets characterized by stringent regulatory standards and a high adoption rate of advanced and safe FIBC types, such as those designed for hazardous materials. The presence of major chemical and pharmaceutical companies in these regions sustains steady demand. Latin America and the Middle East & Africa are emerging markets with growth potential linked to investments in agriculture and construction infrastructure. However, market maturity and penetration rates vary significantly within these regions, offering diverse opportunities for suppliers based on local industrial trends and economic conditions.

Company Insights

The competitive landscape of the 4-Loop FIBC market features a mix of global giants and specialized regional manufacturers. Leading international companies such as Berry Global Inc., Greif Inc., and Global-Pak exert considerable influence through their extensive product lines, global distribution networks, and strong focus on research and development. These players often compete on the basis of innovation, offering value-added features like advanced safety certifications, custom printing, and sustainable material options. Other significant participants include Langston Companies Inc., Conitex Sonoco, and BAG Corp, who have carved out strong positions in specific geographic markets or application segments. The market also comprises numerous small and medium-sized enterprises that compete primarily on price and cater to local or niche demands. The strategic focus for most companies involves expanding production capacity, enhancing product quality to meet international standards, and developing sustainable solutions to align with evolving customer preferences and environmental regulations.

Recent Developments

The 4-Loop FIBC market has witnessed several notable recent developments focused on innovation and strategic growth. A prominent trend is the increased investment in sustainable product lines. Major players are launching FIBCs made from recycled polypropylene or developing programs for collecting and repurposing used bags, responding to the growing corporate demand for environmentally responsible packaging. There has also been a significant push towards enhancing safety features, with advancements in anti-static technology and the development of new fabric weaves that improve strength and durability. On the corporate front, strategic mergers and acquisitions have continued as companies seek to consolidate their market positions and expand their geographic reach. For instance, acquisitions have been used to gain access to new technology or to establish a foothold in emerging markets. Furthermore, capacity expansion announcements, particularly in the Asia-Pacific region, indicate confidence in future market growth and a strategy to meet rising local demand more effectively.

Report Segmentation

This comprehensive market report on the 4-Loop FIBC industry is meticulously segmented to provide a detailed and granular analysis. The segmentation allows for a thorough examination of each facet of the market. The report is first segmented by type, delving into the various FIBC categories such as standard, Type C (conductive), Type D (static dissipative), and others, analyzing the demand dynamics for each. The application segmentation covers key end-use industries including chemicals & fertilizers, food & agriculture, construction, pharmaceuticals, and others, providing insights into the specific requirements and growth prospects of each sector. Geographically, the report is segmented into key regions and major countries within North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, offering a clear view of regional market sizes, trends, and opportunities. This multi-dimensional segmentation ensures that the analysis captures the complete market landscape, enabling stakeholders to make informed strategic decisions.

FAQs

What are the different types of FIBC bags?

FIBC bags are primarily categorized by their design and safety features. Common types include Type A, which are general-purpose bags for non-flammable products; Type B, designed to prevent propagating brushes but not suitable for flammable atmospheres; Type C, conductive bags that are grounded to prevent incendiary sparks; and Type D, made from static dissipative fabric to safely neutralize charges without grounding. Other classifications include food-grade, vented, and baffled designs.

What materials are used to make FIBC bags?

The primary material used in the construction of FIBC bags is polypropylene, a durable and flexible thermoplastic polymer. It is woven into a strong fabric that provides the necessary tensile strength. For specific applications, materials like polyethylene or ethylene-vinyl acetate (EVA) coatings can be applied for added moisture resistance. For food-grade applications, FDA-compliant materials are used to ensure safety.

What is the capacity of a standard FIBC bag?

While capacities can vary based on design and construction, a standard FIBC bag is typically designed to hold a safe working load of up to 2,000 kilograms, though many are rated for loads between 500 kg and 2,000 kg. The design, including the four-loop configuration, is engineered to safely handle these weights during lifting and transport operations.

How are FIBC bags tested for safety?

FIBC bags undergo rigorous testing to ensure they meet safety standards. Tests include top lift tests to verify the strength of the loops and seams, tear tests on the fabric, and vibration tests to simulate transport conditions. For bags designed for hazardous environments, specific tests for electrostatic properties are conducted according to international standards like those from the IEC.

What industries use FIBC bags the most?

The chemical industry is the largest consumer of FIBC bags, using them for plastics, resins, dyes, and other compounds. The agricultural industry is another major user for fertilizers, seeds, and animal feed. Other significant industries include construction (sand, cement), food (sugar, flour), and pharmaceuticals (certain powders and additives).

Can FIBC bags be recycled?

Yes, FIBC bags made from polypropylene are recyclable. The recycling process involves collecting used bags, cleaning them, shredding the material into granules, and then reprocessing them into new plastic products. Many manufacturers and third-party services now offer take-back and recycling programs to support sustainability initiatives and the circular economy.

Citius Research has developed a research report titled “4-Loop FIBC 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

• 4-Loop FIBC 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 4-Loop FIBC 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.

4-Loop FIBC Market Segmentation

Market Segmentation

Regions Covered

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

4-Loop FIBC Market Analysis

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

• Overview of 4-Loop FIBC Market
• Research Methodology
• Executive Summary
• Market Dynamics of 4-Loop FIBC 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 4-Loop FIBC Market
• Cost and Gross Margin Analysis of 4-Loop FIBC Market
• 4-Loop FIBC 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 “4-Loop FIBC 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.

4-Loop FIBC Market Key Stakeholders

Below are the key stakeholders for the 4-Loop FIBC Market:

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

4-Loop FIBC 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 4-Loop FIBC 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 4-Loop FIBC 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 4-Loop FIBC 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 4-Loop FIBC 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 4-Loop FIBC 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 4-Loop FIBC 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 4-Loop FIBC 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 4-Loop FIBC 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 4-Loop FIBC 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 4-Loop FIBC 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 4-Loop FIBC 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 4-Loop FIBC 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 4-Loop FIBC 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 4-Loop FIBC 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 4-Loop FIBC 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 4-Loop FIBC 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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