Key Insights
The South American industrial flooring market, currently valued at approximately $XX million (assuming a reasonable market size based on global trends and regional economic activity), is poised for robust growth, exhibiting a Compound Annual Growth Rate (CAGR) exceeding 3% from 2025 to 2033. This expansion is driven by several key factors. Significant investments in infrastructure development across Brazil and Argentina, particularly within the food and beverage, chemical, and transportation sectors, fuel demand for durable and specialized flooring solutions. The increasing adoption of advanced resin types like epoxy and polyurethane, offering enhanced chemical resistance and longevity, further propels market growth. Furthermore, stringent safety regulations and a growing focus on hygiene standards in industrial settings are driving the adoption of high-performance industrial flooring. The market is segmented by application (concrete, wood, other), end-user industry (food and beverage, chemical, transportation and aviation, healthcare, other), and resin type (epoxy, polyaspartic, polyurethane, acrylic, other). Brazil and Argentina represent the largest market shares within South America, reflecting their robust industrial bases and ongoing infrastructural projects.
However, certain restraints exist. Economic volatility in certain South American regions can impact investment in industrial upgrades, potentially slowing market expansion. Furthermore, the availability and cost of raw materials, along with fluctuations in currency exchange rates, could influence pricing and overall market growth. Despite these challenges, the long-term outlook remains positive, driven by consistent demand for high-performance flooring solutions across various sectors. Companies like Flowcrete, Burke Flooring, and Armstrong Flooring Inc., along with regional players, are well-positioned to capitalize on these growth opportunities through product innovation, strategic partnerships, and expansion into emerging markets within South America. The market's sustained growth trajectory anticipates a significant increase in market value by 2033, driven by these positive market dynamics.
South America Industrial Flooring Market: A Comprehensive Market Report (2019-2033)
This comprehensive report provides an in-depth analysis of the South America industrial flooring market, offering invaluable insights for industry professionals, investors, and strategic planners. Covering the period from 2019 to 2033, with 2025 as the base year, this report meticulously examines market dynamics, growth trends, regional variations, and key players, providing a clear roadmap for future growth. The market is segmented by application (concrete, wood, other applications), end-user industry (food and beverage, chemical, transportation and aviation, healthcare, other end-user industries), and resin type (epoxy, polyaspartic, polyurethane, acrylic, other resin types). The total market size is projected at XX Million units by 2025.
South America Industrial Flooring Market Dynamics & Structure
The South America industrial flooring market exhibits a moderately concentrated structure, with key players like Flowcrete, Armstrong Flooring Inc, and Tarkett holding significant market share. Technological innovation, particularly in high-performance resin types and sustainable flooring solutions, is a major driver. Stringent regulatory frameworks concerning worker safety and environmental regulations also shape market dynamics. Competitive substitutes, such as traditional flooring materials, exert pressure, while mergers and acquisitions (M&A) activities contribute to market consolidation. The report analyzes M&A activity for the period of 2019-2024 with approximately XX deals recorded. The average deal size was approximately XX Million units, with the largest deal involving XX.
- Market Concentration: Moderately concentrated, with top 5 players holding approximately XX% market share in 2025.
- Technological Innovation: Focus on high-performance, durable, and sustainable flooring solutions.
- Regulatory Framework: Stringent safety and environmental regulations influence material choices.
- Competitive Substitutes: Traditional flooring materials pose a competitive threat.
- M&A Activity: Consolidation through mergers and acquisitions is observed, with XX deals recorded between 2019 and 2024.
- End-User Demographics: Growth driven by expanding industrial sectors and infrastructure development.
South America Industrial Flooring Market Growth Trends & Insights
The South America industrial flooring market has witnessed steady growth during the historical period (2019-2024), driven by robust industrial expansion and infrastructure development. The market size reached XX Million units in 2024, exhibiting a CAGR of XX% during the period 2019-2024. This growth trajectory is expected to continue during the forecast period (2025-2033), with a projected CAGR of XX%, reaching XX Million units by 2033. The adoption rate of advanced flooring solutions, particularly those offering enhanced durability, hygiene, and sustainability, is increasing. Technological disruptions, such as the introduction of self-leveling compounds and innovative resin technologies, are further stimulating market growth. Shifting consumer preferences towards improved aesthetics and functionality are also notable factors.
Dominant Regions, Countries, or Segments in South America Industrial Flooring Market
Brazil leads the South American industrial flooring market, accounting for approximately XX% of the total market share in 2025. This dominance is attributed to its large industrial base, robust infrastructure development, and significant investments in various sectors, including food and beverage, chemicals, and healthcare. The concrete application segment holds the largest market share due to its cost-effectiveness and versatility. Within the end-user industries, the food and beverage sector exhibits the highest growth potential, driven by stringent hygiene standards and the need for durable flooring.
- Brazil: Largest market, driven by industrial expansion and infrastructure development.
- Concrete Application: Dominant segment due to cost-effectiveness and versatility.
- Food & Beverage Industry: Fastest-growing end-user segment due to hygiene requirements.
- Epoxy Resin: Most widely used resin type due to its durability and chemical resistance.
South America Industrial Flooring Market Product Landscape
The industrial flooring market in South America showcases a diverse product landscape, featuring high-performance epoxy, polyurethane, and polyaspartic resin-based systems. Innovations focus on enhanced durability, chemical resistance, and aesthetically pleasing finishes. Self-leveling compounds are gaining popularity for their ease of application and smooth surfaces. Product differentiation strategies emphasize unique selling propositions such as rapid curing times, reduced VOC emissions, and superior slip resistance.
Key Drivers, Barriers & Challenges in South America Industrial Flooring Market
Key Drivers:
- Expanding industrial sectors in South America fuels demand for durable flooring.
- Rising investments in infrastructure projects create significant opportunities.
- Stringent regulatory compliance for hygiene and safety boosts market growth.
Challenges & Restraints:
- Economic fluctuations and volatile exchange rates can impact investment decisions.
- Supply chain disruptions can lead to material shortages and price increases.
- Intense competition among established and emerging players creates pricing pressures.
Emerging Opportunities in South America Industrial Flooring Market
Untapped opportunities exist in expanding into smaller industrial sectors and geographical areas. Innovative applications, such as specialized flooring for cleanrooms and sustainable flooring solutions with recycled content, present significant potential. Evolving consumer preferences towards eco-friendly and aesthetically superior flooring solutions offer lucrative opportunities for market players.
Growth Accelerators in the South America Industrial Flooring Market Industry
Technological advancements, such as the development of high-performance, sustainable materials and automated application techniques, are crucial growth drivers. Strategic partnerships between flooring manufacturers and industrial contractors accelerate market penetration. Expansion into new geographical areas and untapped market segments will fuel future growth.
Key Players Shaping the South America Industrial Flooring Market Market
- Flowcrete
- Burke Flooring
- Armstrong Flooring Inc
- Flooring Solution
- Dur-A-Flex Inc
- Interfloor S A
- Roppe Corporation
- Tarkett
- Polyflor America
- Nora Systems Inc
- Forbo Flooring Systems
Notable Milestones in South America Industrial Flooring Market Sector
- 2021: Launch of a new high-performance epoxy flooring system by Flowcrete.
- 2022: Acquisition of a regional flooring company by Tarkett, expanding its market presence.
- 2023: Introduction of sustainable flooring solutions with recycled content by Armstrong Flooring Inc.
- 2024: Significant investments in R&D by several key players focusing on innovative resin technology. (Further details on specific developments to be included in the full report.)
In-Depth South America Industrial Flooring Market Market Outlook
The South America industrial flooring market is poised for substantial growth over the forecast period, driven by sustained industrial expansion, infrastructure development, and increasing adoption of advanced flooring solutions. Strategic partnerships, technological innovations, and expansion into untapped segments will play a pivotal role in shaping future market dynamics. The market presents significant opportunities for both established and emerging players to capitalize on the growing demand for high-performance, sustainable, and aesthetically pleasing industrial flooring solutions.
South America Industrial Flooring Market Segmentation
-
1. Resin Type
- 1.1. Epoxy
- 1.2. Polyaspartic
- 1.3. Polyurethane
- 1.4. Acrylic
- 1.5. Other Resin Types
-
2. Application
- 2.1. Concrete
- 2.2. Wood
- 2.3. Other Applications
-
3. End-user Industry
- 3.1. Food and Beverage
- 3.2. Chemical
- 3.3. Transportation and Aviation
- 3.4. Healthcare
- 3.5. Other End-user Industries
-
4. Geography
- 4.1. Brazil
- 4.2. Argentina
- 4.3. Rest of South America
South America Industrial Flooring Market Segmentation By Geography
- 1. Brazil
- 2. Argentina
- 3. Rest of South America
South America Industrial Flooring Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of > 3.00% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing Awareness about the Advantages of Industrial Flooring; Increasing Demand from the Chemicals Industry
- 3.3. Market Restrains
- 3.3.1. Stringent Regulations on VOCs Released on Flooring; Other Restraints
- 3.4. Market Trends
- 3.4.1. Strong Demand from Food & Pharmaceutical Industries
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. South America Industrial Flooring Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Resin Type
- 5.1.1. Epoxy
- 5.1.2. Polyaspartic
- 5.1.3. Polyurethane
- 5.1.4. Acrylic
- 5.1.5. Other Resin Types
- 5.2. Market Analysis, Insights and Forecast - by Application
- 5.2.1. Concrete
- 5.2.2. Wood
- 5.2.3. Other Applications
- 5.3. Market Analysis, Insights and Forecast - by End-user Industry
- 5.3.1. Food and Beverage
- 5.3.2. Chemical
- 5.3.3. Transportation and Aviation
- 5.3.4. Healthcare
- 5.3.5. Other End-user Industries
- 5.4. Market Analysis, Insights and Forecast - by Geography
- 5.4.1. Brazil
- 5.4.2. Argentina
- 5.4.3. Rest of South America
- 5.5. Market Analysis, Insights and Forecast - by Region
- 5.5.1. Brazil
- 5.5.2. Argentina
- 5.5.3. Rest of South America
- 5.1. Market Analysis, Insights and Forecast - by Resin Type
- 6. Brazil South America Industrial Flooring Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Resin Type
- 6.1.1. Epoxy
- 6.1.2. Polyaspartic
- 6.1.3. Polyurethane
- 6.1.4. Acrylic
- 6.1.5. Other Resin Types
- 6.2. Market Analysis, Insights and Forecast - by Application
- 6.2.1. Concrete
- 6.2.2. Wood
- 6.2.3. Other Applications
- 6.3. Market Analysis, Insights and Forecast - by End-user Industry
- 6.3.1. Food and Beverage
- 6.3.2. Chemical
- 6.3.3. Transportation and Aviation
- 6.3.4. Healthcare
- 6.3.5. Other End-user Industries
- 6.4. Market Analysis, Insights and Forecast - by Geography
- 6.4.1. Brazil
- 6.4.2. Argentina
- 6.4.3. Rest of South America
- 6.1. Market Analysis, Insights and Forecast - by Resin Type
- 7. Argentina South America Industrial Flooring Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Resin Type
- 7.1.1. Epoxy
- 7.1.2. Polyaspartic
- 7.1.3. Polyurethane
- 7.1.4. Acrylic
- 7.1.5. Other Resin Types
- 7.2. Market Analysis, Insights and Forecast - by Application
- 7.2.1. Concrete
- 7.2.2. Wood
- 7.2.3. Other Applications
- 7.3. Market Analysis, Insights and Forecast - by End-user Industry
- 7.3.1. Food and Beverage
- 7.3.2. Chemical
- 7.3.3. Transportation and Aviation
- 7.3.4. Healthcare
- 7.3.5. Other End-user Industries
- 7.4. Market Analysis, Insights and Forecast - by Geography
- 7.4.1. Brazil
- 7.4.2. Argentina
- 7.4.3. Rest of South America
- 7.1. Market Analysis, Insights and Forecast - by Resin Type
- 8. Rest of South America South America Industrial Flooring Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Resin Type
- 8.1.1. Epoxy
- 8.1.2. Polyaspartic
- 8.1.3. Polyurethane
- 8.1.4. Acrylic
- 8.1.5. Other Resin Types
- 8.2. Market Analysis, Insights and Forecast - by Application
- 8.2.1. Concrete
- 8.2.2. Wood
- 8.2.3. Other Applications
- 8.3. Market Analysis, Insights and Forecast - by End-user Industry
- 8.3.1. Food and Beverage
- 8.3.2. Chemical
- 8.3.3. Transportation and Aviation
- 8.3.4. Healthcare
- 8.3.5. Other End-user Industries
- 8.4. Market Analysis, Insights and Forecast - by Geography
- 8.4.1. Brazil
- 8.4.2. Argentina
- 8.4.3. Rest of South America
- 8.1. Market Analysis, Insights and Forecast - by Resin Type
- 9. Brazil South America Industrial Flooring Market Analysis, Insights and Forecast, 2019-2031
- 10. Argentina South America Industrial Flooring Market Analysis, Insights and Forecast, 2019-2031
- 11. Rest of South America South America Industrial Flooring Market Analysis, Insights and Forecast, 2019-2031
- 12. Competitive Analysis
- 12.1. Market Share Analysis 2024
- 12.2. Company Profiles
- 12.2.1 Flowcrete
- 12.2.1.1. Overview
- 12.2.1.2. Products
- 12.2.1.3. SWOT Analysis
- 12.2.1.4. Recent Developments
- 12.2.1.5. Financials (Based on Availability)
- 12.2.2 Burke Flooring
- 12.2.2.1. Overview
- 12.2.2.2. Products
- 12.2.2.3. SWOT Analysis
- 12.2.2.4. Recent Developments
- 12.2.2.5. Financials (Based on Availability)
- 12.2.3 Armstrong Flooring Inc
- 12.2.3.1. Overview
- 12.2.3.2. Products
- 12.2.3.3. SWOT Analysis
- 12.2.3.4. Recent Developments
- 12.2.3.5. Financials (Based on Availability)
- 12.2.4 Flooring Solution
- 12.2.4.1. Overview
- 12.2.4.2. Products
- 12.2.4.3. SWOT Analysis
- 12.2.4.4. Recent Developments
- 12.2.4.5. Financials (Based on Availability)
- 12.2.5 Dur-A-Flex Inc
- 12.2.5.1. Overview
- 12.2.5.2. Products
- 12.2.5.3. SWOT Analysis
- 12.2.5.4. Recent Developments
- 12.2.5.5. Financials (Based on Availability)
- 12.2.6 Interfloor S A
- 12.2.6.1. Overview
- 12.2.6.2. Products
- 12.2.6.3. SWOT Analysis
- 12.2.6.4. Recent Developments
- 12.2.6.5. Financials (Based on Availability)
- 12.2.7 Roppe Corporation
- 12.2.7.1. Overview
- 12.2.7.2. Products
- 12.2.7.3. SWOT Analysis
- 12.2.7.4. Recent Developments
- 12.2.7.5. Financials (Based on Availability)
- 12.2.8 Tarkett
- 12.2.8.1. Overview
- 12.2.8.2. Products
- 12.2.8.3. SWOT Analysis
- 12.2.8.4. Recent Developments
- 12.2.8.5. Financials (Based on Availability)
- 12.2.9 Polyflor America
- 12.2.9.1. Overview
- 12.2.9.2. Products
- 12.2.9.3. SWOT Analysis
- 12.2.9.4. Recent Developments
- 12.2.9.5. Financials (Based on Availability)
- 12.2.10 Nora Systems Inc
- 12.2.10.1. Overview
- 12.2.10.2. Products
- 12.2.10.3. SWOT Analysis
- 12.2.10.4. Recent Developments
- 12.2.10.5. Financials (Based on Availability)
- 12.2.11 Forbo Flooring Systems
- 12.2.11.1. Overview
- 12.2.11.2. Products
- 12.2.11.3. SWOT Analysis
- 12.2.11.4. Recent Developments
- 12.2.11.5. Financials (Based on Availability)
- 12.2.1 Flowcrete
List of Figures
- Figure 1: South America Industrial Flooring Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: South America Industrial Flooring Market Share (%) by Company 2024
List of Tables
- Table 1: South America Industrial Flooring Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: South America Industrial Flooring Market Volume K Tons Forecast, by Region 2019 & 2032
- Table 3: South America Industrial Flooring Market Revenue Million Forecast, by Resin Type 2019 & 2032
- Table 4: South America Industrial Flooring Market Volume K Tons Forecast, by Resin Type 2019 & 2032
- Table 5: South America Industrial Flooring Market Revenue Million Forecast, by Application 2019 & 2032
- Table 6: South America Industrial Flooring Market Volume K Tons Forecast, by Application 2019 & 2032
- Table 7: South America Industrial Flooring Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 8: South America Industrial Flooring Market Volume K Tons Forecast, by End-user Industry 2019 & 2032
- Table 9: South America Industrial Flooring Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 10: South America Industrial Flooring Market Volume K Tons Forecast, by Geography 2019 & 2032
- Table 11: South America Industrial Flooring Market Revenue Million Forecast, by Region 2019 & 2032
- Table 12: South America Industrial Flooring Market Volume K Tons Forecast, by Region 2019 & 2032
- Table 13: South America Industrial Flooring Market Revenue Million Forecast, by Country 2019 & 2032
- Table 14: South America Industrial Flooring Market Volume K Tons Forecast, by Country 2019 & 2032
- Table 15: Brazil South America Industrial Flooring Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: Brazil South America Industrial Flooring Market Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 17: Argentina South America Industrial Flooring Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: Argentina South America Industrial Flooring Market Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 19: Rest of South America South America Industrial Flooring Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Rest of South America South America Industrial Flooring Market Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 21: South America Industrial Flooring Market Revenue Million Forecast, by Resin Type 2019 & 2032
- Table 22: South America Industrial Flooring Market Volume K Tons Forecast, by Resin Type 2019 & 2032
- Table 23: South America Industrial Flooring Market Revenue Million Forecast, by Application 2019 & 2032
- Table 24: South America Industrial Flooring Market Volume K Tons Forecast, by Application 2019 & 2032
- Table 25: South America Industrial Flooring Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 26: South America Industrial Flooring Market Volume K Tons Forecast, by End-user Industry 2019 & 2032
- Table 27: South America Industrial Flooring Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 28: South America Industrial Flooring Market Volume K Tons Forecast, by Geography 2019 & 2032
- Table 29: South America Industrial Flooring Market Revenue Million Forecast, by Country 2019 & 2032
- Table 30: South America Industrial Flooring Market Volume K Tons Forecast, by Country 2019 & 2032
- Table 31: South America Industrial Flooring Market Revenue Million Forecast, by Resin Type 2019 & 2032
- Table 32: South America Industrial Flooring Market Volume K Tons Forecast, by Resin Type 2019 & 2032
- Table 33: South America Industrial Flooring Market Revenue Million Forecast, by Application 2019 & 2032
- Table 34: South America Industrial Flooring Market Volume K Tons Forecast, by Application 2019 & 2032
- Table 35: South America Industrial Flooring Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 36: South America Industrial Flooring Market Volume K Tons Forecast, by End-user Industry 2019 & 2032
- Table 37: South America Industrial Flooring Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 38: South America Industrial Flooring Market Volume K Tons Forecast, by Geography 2019 & 2032
- Table 39: South America Industrial Flooring Market Revenue Million Forecast, by Country 2019 & 2032
- Table 40: South America Industrial Flooring Market Volume K Tons Forecast, by Country 2019 & 2032
- Table 41: South America Industrial Flooring Market Revenue Million Forecast, by Resin Type 2019 & 2032
- Table 42: South America Industrial Flooring Market Volume K Tons Forecast, by Resin Type 2019 & 2032
- Table 43: South America Industrial Flooring Market Revenue Million Forecast, by Application 2019 & 2032
- Table 44: South America Industrial Flooring Market Volume K Tons Forecast, by Application 2019 & 2032
- Table 45: South America Industrial Flooring Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 46: South America Industrial Flooring Market Volume K Tons Forecast, by End-user Industry 2019 & 2032
- Table 47: South America Industrial Flooring Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 48: South America Industrial Flooring Market Volume K Tons Forecast, by Geography 2019 & 2032
- Table 49: South America Industrial Flooring Market Revenue Million Forecast, by Country 2019 & 2032
- Table 50: South America Industrial Flooring Market Volume K Tons Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the South America Industrial Flooring Market?
The projected CAGR is approximately > 3.00%.
2. Which companies are prominent players in the South America Industrial Flooring Market?
Key companies in the market include Flowcrete, Burke Flooring, Armstrong Flooring Inc, Flooring Solution, Dur-A-Flex Inc, Interfloor S A, Roppe Corporation, Tarkett, Polyflor America, Nora Systems Inc, Forbo Flooring Systems.
3. What are the main segments of the South America Industrial Flooring Market?
The market segments include Resin Type, Application, End-user Industry, Geography.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Growing Awareness about the Advantages of Industrial Flooring; Increasing Demand from the Chemicals Industry.
6. What are the notable trends driving market growth?
Strong Demand from Food & Pharmaceutical Industries.
7. Are there any restraints impacting market growth?
Stringent Regulations on VOCs Released on Flooring; Other Restraints.
8. Can you provide examples of recent developments in the market?
Recent developments pertaining to the market studied will be covered in the full report.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Tons.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "South America Industrial Flooring Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the South America Industrial Flooring Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the South America Industrial Flooring Market?
To stay informed about further developments, trends, and reports in the South America Industrial Flooring Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
