Parchment Paper 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: CR0210415
  • Format: Electronic (PDF)
  • Number of Pages: 210
  • Author(s): Joshi, Madhavi

Report Overview

The Parchment Paper Market size was estimated at USD 1.8 billion in 2023 and is projected to reach USD 3.2 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.30% during the forecast period (2024-2030).

Parchment Paper Market

(Market Size)
$1.8 billion
$3.2 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 8.30%
2023 Market Size USD 1.8 billion
2030 Market Size USD 3.2 billion
Key Players Reynolds, Graphic Packaging, Pudumjee Paper, Nordic Paper, Griff Paper & Film

Market Summary

The parchment paper market is a niche yet significant segment within the broader packaging industry, primarily utilized for its non-stick and heat-resistant properties in both food and non-food applications. This specialized paper is typically silicone-coated, making it an ideal solution for baking, cooking, and various industrial packaging needs where release properties are critical. The market is characterized by steady demand driven by the food service sector, household consumption, and increasing applications in other industries such as crafts and printing. Key players are continuously innovating to enhance product performance, focusing on aspects like grease resistance, durability, and environmental sustainability. The market operates within a competitive landscape where product quality, compliance with food safety standards, and customization capabilities are pivotal for maintaining market share. Growth is further supported by the expansion of the food processing industry and the rising trend of home baking and cooking, which amplifies the need for convenient and reliable packaging solutions.

Key Highlights

The parchment paper market is distinguished by several key highlights that underscore its importance and trajectory. A prominent feature is the product's versatility, serving not only in baking and food preparation but also in industrial applications such as interleaving and barrier protection. The silicone coating technology is a critical differentiator, providing excellent release properties that prevent sticking without the need for additional oils or sprays. Environmental considerations are increasingly shaping the market, with a growing shift towards compostable, biodegradable, and recyclable parchment paper options to meet consumer and regulatory demands for sustainable packaging. The market is also witnessing innovations in product forms, including pre-cut sheets, rolls, and tailored shapes, enhancing user convenience. Furthermore, stringent food contact material regulations globally ensure that products meet high safety and quality standards, which is a significant factor for brand trust and consumer preference. The resilience of demand from both commercial and residential segments, even during economic fluctuations, highlights the essential nature of parchment paper in daily and industrial operations.

Drivers, Opportunities & Restraints

The parchment paper market is propelled by several key drivers, with the most significant being the robust growth of the food service and processing industries worldwide. The increasing consumption of baked goods, ready-to-eat meals, and convenience foods directly fuels demand for high-performance packaging like parchment paper. Additionally, the rising popularity of home baking, spurred by culinary trends and digital media influence, acts as a substantial driver for retail sales. A major opportunity lies in the development and promotion of eco-friendly products. As sustainability becomes a core focus for businesses and consumers, there is a considerable opportunity to capture market share with compostable, chlorine-free, and recycled content parchment paper. Expansion into emerging markets, where the food processing sector is growing rapidly, presents another significant growth avenue. However, the market faces restraints, including volatility in raw material prices, particularly for pulp and silicone, which can impact production costs and profitability. The availability of alternatives such as reusable silicone mats or aluminum foil also poses a competitive challenge. Furthermore, the need for continuous innovation to meet evolving food safety regulations and consumer preferences requires ongoing investment in research and development, which can be a constraint for smaller players.

Concentration Insights

The global parchment paper market exhibits a moderate level of concentration, featuring a mix of large multinational corporations and specialized regional manufacturers. The competitive landscape is not dominated by a single entity but rather by a group of established players who have secured strong positions through extensive product portfolios, robust distribution networks, and significant brand recognition. Companies like Reynolds Group Holdings, Nordic Paper, and Ahlstrom-Munksj? are recognized as key influencers in this space. These leading players often compete on the basis of product quality, technological innovation in coatings and treatments, and the ability to offer customized solutions for specific industrial or consumer needs. Regional manufacturers tend to focus on serving local markets with cost-effective products and quicker turnaround times. The market concentration is also influenced by mergers and acquisitions, as larger companies seek to expand their geographic reach and technological capabilities. This dynamic creates an environment where innovation and strategic partnerships are crucial for maintaining a competitive edge and capturing growth in both developed and emerging economies.

Type Insights

Parchment paper is primarily categorized based on its treatment and application-specific properties, with bleached and unbleached types being the fundamental division. Bleached parchment paper undergoes a chemical process to achieve a pure white appearance, which is often preferred for its aesthetic appeal in consumer packaging and food presentation. Unbleached, or natural brown parchment paper, is processed without chlorine bleaching, making it a popular choice for health-conscious consumers and those seeking more natural and environmentally friendly options. Beyond this, the market offers variations based on silicone coating density. Some papers feature a heavy-duty silicone coating designed for high-temperature applications and extended use, commonly found in commercial bakeries and industrial settings. Others have a standard coating suitable for typical household baking needs. Additionally, there are specialty parchment papers treated for specific purposes, such as enhanced grease resistance or improved printability for branding purposes. The choice of type is heavily influenced by the end-use application, cost considerations, and growing consumer preference for sustainable and chemical-free products.

Application Insights

The application spectrum for parchment paper is broad, spanning several key industries with the food sector being the dominant consumer. Within food applications, it is extensively used for baking cookies, pastries, and bread, as well as for lining trays during roasting to simplify cleanup. It also serves as a wrapping paper for items like butter and sandwiches to prevent sticking. Beyond the kitchen, parchment paper finds significant use in non-food industrial applications. It is employed as a release liner in the composite materials industry during the molding of parts, in the medical field for sterilizing instruments, and in the arts and crafts sector for projects requiring a non-stick surface. Another growing application is in the packaging of greasy or oily non-food items, where its barrier properties prevent seepage and protect other materials. The versatility of parchment paper, driven by its fundamental non-stick and heat-resistant characteristics, ensures its relevance across a diverse range of uses, from household convenience to critical industrial processes.

Regional Insights

The demand for parchment paper exhibits distinct regional patterns influenced by culinary habits, industrial development, and economic factors. North America and Europe represent mature and high-consumption markets. In North America, the high volume of baked goods production and a strong culture of home baking and barbecuing drive consistent demand. Europe follows a similar pattern, with its well-established bakery and confectionery industry and stringent regulations promoting high-quality food-safe packaging. The Asia Pacific region is identified as a high-growth market, fueled by the rapidly expanding food processing sector, urbanization, and the increasing adoption of Western dietary habits and baking practices in countries like China, India, and Japan. Rising disposable incomes in this region are also contributing to greater retail sales of baking supplies. Latin America and the Middle East and Africa are emerging markets where growth is linked to the gradual development of their food processing capabilities and the slow but steady increase in consumer awareness and availability of such specialized packaging products.

Company Insights

The competitive landscape of the parchment paper market includes several prominent companies that have established strong footholds through innovation, quality, and strategic market presence. Reynolds Group Holdings Ltd., through its subsidiary Reynolds Consumer Products, is a globally recognized name, offering a wide range of consumer baking products. Nordic Paper Holding AB is another key player, known for its specialty papers including high-quality baking and cooking parchment, with a strong presence in the European market. Ahlstrom-Munksj? Oyj leverages its expertise in fiber-based materials to produce advanced solutions, including release liners and specialty parchment papers for various industrial applications. Other significant contributors include Paterson Pacific Parchment Company, which specializes in silicone-coated papers for release and packaging, and Pudumjee Paper Products, a major supplier in the Asian region. These companies compete by focusing on research and development to improve product functionality, investing in sustainable production practices, and expanding their distribution networks to cater to a global clientele across both food and industrial segments.

Recent Developments

The parchment paper market has witnessed several notable recent developments focused on innovation and sustainability. A prominent trend is the increased investment in developing and launching eco-friendly product lines. Many leading manufacturers are now offering parchment papers made from responsibly sourced pulp, utilizing chlorine-free bleaching processes, and ensuring the products are fully compostable or biodegradable to align with circular economy principles. There is also a continued focus on enhancing product performance through advanced silicone coating technologies that provide superior non-stick properties while allowing for use at even higher temperatures. Furthermore, companies are expanding their production capacities, particularly in the Asia Pacific region, to capitalize on the growing local demand and to serve as export hubs. Strategic partnerships and acquisitions remain a key activity, as larger firms seek to acquire niche technologies or gain access to new geographic markets. The integration of digital printing capabilities directly onto parchment paper for customized branding is another emerging development, adding value for commercial clients in the food service industry.

Report Segmentation

This comprehensive market research report on the parchment paper industry provides a detailed analysis segmented to offer granular insights for strategic decision-making. The segmentation is structured to dissect the market from multiple angles. The type segmentation categorizes the market into bleached and unbleached parchment paper, analyzing the demand dynamics, consumer preferences, and growth prospects for each variant. Application segmentation delves into the various end-uses, including baking & cooking, industrial packaging, crafts, and others, providing an understanding of the volume and value contributed by each segment. The regional segmentation offers a geographical breakdown, covering key areas such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa, highlighting regional trends, growth rates, and key influencing factors. Furthermore, the report includes a detailed competitive landscape section, profiling major players, their market shares, product portfolios, and recent strategic initiatives. This multi-faceted segmentation allows businesses to identify specific growth pockets, understand competitive intensity in different segments, and tailor their strategies accordingly to maximize market penetration and profitability.

FAQs

What is parchment paper made of? Parchment paper is primarily made from cellulose pulp derived from wood. This base paper is then treated with a thin coating of silicone, which gives it its characteristic non-stick and heat-resistant properties. The paper may be bleached for a white appearance or left unbleached for a natural brown color.

Is parchment paper the same as wax paper? No, parchment paper and wax paper are different. Parchment paper is coated with silicone and is heat-resistant, making it safe for use in ovens. Wax paper is coated with paraffin wax, which can melt or even ignite at high temperatures, so it is not suitable for baking and should only be used for cold applications like wrapping food for storage.

Can you reuse parchment paper? While some heavy-duty parchment papers are marketed as reusable for a limited number of times if they are still in good condition, most standard parchment paper is designed for single use. Reusing it is generally not recommended as it can become brittle, absorb odors, and its non-stick properties diminish after the first use, especially at high temperatures.

Is parchment paper compostable? Many modern parchment papers, particularly unbleached varieties, are compostable. However, this depends on the specific manufacturing process. It is essential to check the product packaging for certifications indicating it is compostable in home or industrial composting facilities, as some bleached or treated papers may not break down as easily.

What are the different types of parchment paper? The main types of parchment paper are bleached (white) and unbleached (natural brown). Beyond this, they can be differentiated by their weight or thickness (e.g., standard vs. heavy-duty) and the intensity of the silicone coating, which determines their suitability for different temperature ranges and applications, from household baking to industrial uses.

Which region has the highest demand for parchment paper? Traditionally, North America and Europe have represented the regions with the highest consumption of parchment paper, driven by well-established baking cultures and large food processing industries. However, the Asia Pacific region is currently experiencing the fastest growth in demand, fueled by economic development, changing food habits, and the expansion of its food service sector.

Citius Research has developed a research report titled “Parchment Paper 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

• Parchment Paper 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 Parchment Paper 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.

Parchment Paper Market Segmentation

Market Segmentation

Regions Covered

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

Parchment Paper Market Analysis

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

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

Parchment Paper Market Key Stakeholders

Below are the key stakeholders for the Parchment Paper Market:

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

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

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 Parchment Paper 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 Parchment Paper 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 Parchment Paper 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 Parchment Paper 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 Parchment Paper 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 Parchment Paper 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 Parchment Paper 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 Parchment Paper 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 Parchment Paper 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 Parchment Paper 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 Parchment Paper 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.

Request a detailed Research Methodology for the market.

Request Customization or Sample Report

To request a sample report or for any inquiry regarding this report, please fill out the form below

Yes, I have read the Privacy Policy.

Related Reports






latest reports