Personal Care Appliances Market by Distribution Channel, Product, and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023

Pages: 167

SKU: IRTNTR75413

Snapshot

Personal Care Appliances Market Forecast 2023-2027

The personal care appliances market size is estimated to grow by USD 5.88 billion at a CAGR of 5.38% between 2022 and 2027. Product innovations that lead to portfolio extension and premiumization attract consumers looking for new and high-quality products. The rise in discretionary income allows consumers to spend more on beauty and personal care products, boosting market demand. Evolving fashion trends in personal grooming drive the need for innovative products that cater to changing consumer preferences, further fueling market growth.

The main factor propelling the growth of the worldwide market is the rise in discretionary income among consumers. The market is witnessing significant growth driven by increasing awareness and beauty consciousness among consumers. Consumers are becoming more brand-conscious and are willing to invest in personal grooming items such as epilators, hair straighteners, and oral care appliances. The rise of the e-commerce industry has made these products more accessible, especially in emerging economies. With the improvement in the economic environment and an increase in disposable incomes, there is a growing demand for personal care and hygiene products, driving the expansion of the global market. As their buying power grows, consumers become more mindful of self-care and wellness, resulting in increased demand for personal care appliances such as trimmers, electric toothbrushes, and facial cleansing brushes.

Market Overview

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Market Segmentation

This market report extensively covers market segmentation by distribution channel (offline and online), product (hair care appliances, hair removal appliances, and oral care appliances), and geography (APAC, Europe, North America, South America, and Middle East and Africa).

By Distribution Channel

The market share growth by the offline segment will be significant during the forecast period. The offline distribution channel of the global market comprises specialty stores, department stores, and mass merchandisers (hypermarkets, supermarkets, convenience stores, and clubhouse stores). The offline segment was valued at USD 9.73 billion in 2017. An increase in the number of stores and business expansions by retailers has fueled the demand. Thus, the growing number of supermarkets is anticipated to drive the growth of the market through offline channels during the forecast period.

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By Region

APAC is estimated to contribute 33% to the growth of the global market during the forecast period

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Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market in APAC is very competitive owing to the presence of established brands such as Philips and Panasonic. and Shiseido Co. Ltd. The key companies in the market focus on innovation and the launch of new products to keep up with the latest market trends.

Consumers in several countries in the region, such as China, Japan, South Korea, and others, especially those belonging to the millennial working population, prefer to spend on premium, good quality, and technologically advanced products due to increasing awareness about personal grooming. Owing to lifestyle changes in developing economies in APAC, such as India and China, are driving demand. Such factors will increase the market growth in this region during the forecast period.

Market Dynamics and Customer Landscape

Major Market Trends

The rise in online sales of personal care appliances is the primary trend shaping the market. The online market witnessed significant growth over the last couple of years. The growth of the online retail sales channel and the adoption of the multichannel business model have fueled the market growth. Certain companies, such as Dyson and Phillips, sell their products through physical stores and online portals. Online channels widen the visibility of the products, which, together with the availability of a wide product portfolio, contributes to the growth of the online retail channel. The success of online retailing can be attributed to customer reach and inventory- management cost-cutting.

Moreover, the growing hectic lifestyle and the lack of time restrict users from offline shopping for personal care appliances. This increases the use of online shopping portals to purchase these products. The availability of personal care appliances such as hair styling equipment on online channels has become convenient for consumers. This growth in online retail sales is expected to drive the demand for personal care appliances, which will thereby positively impact the growth of the market during the forecast period.

Significant Market Challenge

High maintenance and regular upgrade requirements for personal care appliances are major challenges in the market. It can negatively impact the growth of the personal care appliances market in several ways. First, high maintenance and upgradation requirements can increase the cost of ownership and reduce the affordability of personal care appliances. Customers may prefer to avoid these costs by purchasing cheaper, lower-quality products or opting for alternative solutions. This can lead to a reduction in the sales of personal care appliances. Second, high maintenance and upgradation requirements for personal care appliances can also impact their reliability and safety. If appliances are not maintained properly, they may malfunction, leading to safety hazards for users. This can damage the reputation and trustworthiness of personal care appliance manufacturers.

Also, regular upgradation of products can increase the pace of technological obsolescence. For example, a personal care appliance that requires regular firmware or software updates may quickly become outdated and unattractive to new customers if updates are not available. This can lead to a decline in customer satisfaction and reduced sales over time. Thus, all the above-mentioned factors will impact the market during the forecast period

Who are the Major Personal Care Appliances Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Amika LLC:The company offers personal care appliances such as hair straighteners, hair curlers, hair dryers, facial rollers.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Distribution Channel Outlook
- Offline
- Online
Product Outlook
- Hair care appliances
- Hair removal appliances
- Oral care appliances
Region Outlook
- North America
  - The U.S.
  - Canada
- Europe
  - U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Chile
  - Argentina
  - Brazil
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Market Analyst Overview

The market is driven by a surge in urbanization and a growing youth population with a keen attentiveness toward personal grooming. With a rapid urbanization trend, urban consumers are increasingly value chain analysis and quality conscious, leading to a premiumization trend in the personal grooming industry. Beauty appliances like hair stylers and massagers are gaining popularity, especially among women and those seeking improvement in the economic environment. However, the lack of durability in some products and the negative influence of unreliable sources pose challenges. Advertisements, promotions, and engagement strategies play a key role in targeting brand-conscious consumers through the direct-to-consumer channel.

Market Scope
Report Coverage	Details
Page number	167
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 5.38%
Market growth 2023-2027	USD 5.88 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	4.93
Regional analysis	APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution	APAC at 33%
Key countries	US, China, Japan, Germany, and Brazil
Competitive landscape	Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks
Key companies profiled	Amika LLC, Andis Co., Beauty Quest Group, Colgate Palmolive Co., Conair Corp., Coty Inc., Drybar Holdings LLC, Dyson Group Co., Elchim Spa, Farouk Systems Inc., FKA Distributing Co. LLC, IkonicWorld, Koninklijke Philips NV, Olivia Garden Int. Inc, Panasonic Holdings Corp., Spectrum Brands Holdings Inc., T3 Micro Inc., The Procter and Gamble Co., Velecta Paramount, and Wahl Clipper Corp.
Market dynamics	Parent market analysis, Market Forecast, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market forecasting, market growth and trends, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
Precise estimation of the size of the market size and its contribution to the parent market
Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global personal care appliances market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global personal care appliances market 2017 - 2021 ($ million)

4.2 Distribution Channel Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)

4.3 Product Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

6.1 Market segments
- Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)

6.2 Comparison by Distribution Channel
- Exhibit 32: Chart on Comparison by Distribution Channel
- Exhibit 33: Data Table on Comparison by Distribution Channel

6.3 Offline - Market size and forecast 2022-2027
- Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)

6.4 Online - Market size and forecast 2022-2027
- Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Distribution Channel
- Exhibit 42: Market opportunity by Distribution Channel ($ million)
- Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ million)

7 Market Segmentation by Product

7.1 Market segments
- Exhibit 44: Chart on Product - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Product - Market share 2022-2027 (%)

7.2 Comparison by Product
- Exhibit 46: Chart on Comparison by Product
- Exhibit 47: Data Table on Comparison by Product

7.3 Hair care appliances - Market size and forecast 2022-2027
- Exhibit 48: Chart on Hair care appliances - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Data Table on Hair care appliances - Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Chart on Hair care appliances - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Hair care appliances - Year-over-year growth 2022-2027 (%)

7.4 Hair removal appliances - Market size and forecast 2022-2027
- Exhibit 52: Chart on Hair removal appliances - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Hair removal appliances - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Hair removal appliances - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Hair removal appliances - Year-over-year growth 2022-2027 (%)

7.5 Oral care appliances - Market size and forecast 2022-2027
- Exhibit 56: Chart on Oral care appliances - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Oral care appliances - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Oral care appliances - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Oral care appliances - Year-over-year growth 2022-2027 (%)

7.6 Market opportunity by Product
- Exhibit 60: Market opportunity by Product ($ million)
- Exhibit 61: Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2022-2027 (%)
- Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2022-2027
- Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027
- Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 North America - Market size and forecast 2022-2027
- Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027
- Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 China - Market size and forecast 2022-2027
- Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)

9.10 Japan - Market size and forecast 2022-2027
- Exhibit 95: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.11 Germany - Market size and forecast 2022-2027
- Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.12 Brazil - Market size and forecast 2022-2027
- Exhibit 103: Chart on Brazil - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on Brazil - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on Brazil - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Brazil - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ million)
- Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption

11.4 Industry risks
- Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 113: Vendors covered

12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification

12.3 Amika LLC
- Exhibit 115: Amika LLC - Overview
- Exhibit 116: Amika LLC - Product / Service
- Exhibit 117: Amika LLC - Key offerings

12.4 Andis Co.
- Exhibit 118: Andis Co. - Overview
- Exhibit 119: Andis Co. - Product / Service
- Exhibit 120: Andis Co. - Key offerings

12.5 Beauty Quest Group
- Exhibit 121: Beauty Quest Group - Overview
- Exhibit 122: Beauty Quest Group - Product / Service
- Exhibit 123: Beauty Quest Group - Key offerings

12.6 Colgate Palmolive Co.
- Exhibit 124: Colgate Palmolive Co. - Overview
- Exhibit 125: Colgate Palmolive Co. - Business segments
- Exhibit 126: Colgate Palmolive Co. - Key news
- Exhibit 127: Colgate Palmolive Co. - Key offerings
- Exhibit 128: Colgate Palmolive Co. - Segment focus

12.7 Conair Corp.
- Exhibit 129: Conair Corp. - Overview
- Exhibit 130: Conair Corp. - Product / Service
- Exhibit 131: Conair Corp. - Key offerings

12.8 Coty Inc.
- Exhibit 132: Coty Inc. - Overview
- Exhibit 133: Coty Inc. - Business segments
- Exhibit 134: Coty Inc. - Key offerings
- Exhibit 135: Coty Inc. - Segment focus

12.9 Drybar Holdings LLC
- Exhibit 136: Drybar Holdings LLC - Overview
- Exhibit 137: Drybar Holdings LLC - Product / Service
- Exhibit 138: Drybar Holdings LLC - Key offerings

12.10 Dyson Group Co.
- Exhibit 139: Dyson Group Co. - Overview
- Exhibit 140: Dyson Group Co. - Product / Service
- Exhibit 141: Dyson Group Co. - Key offerings

12.11 Elchim Spa
- Exhibit 142: Elchim Spa - Overview
- Exhibit 143: Elchim Spa - Product / Service
- Exhibit 144: Elchim Spa - Key offerings

12.12 FKA Distributing Co. LLC
- Exhibit 145: FKA Distributing Co. LLC - Overview
- Exhibit 146: FKA Distributing Co. LLC - Product / Service
- Exhibit 147: FKA Distributing Co. LLC - Key offerings

12.13 IkonicWorld
- Exhibit 148: IkonicWorld - Overview
- Exhibit 149: IkonicWorld - Product / Service
- Exhibit 150: IkonicWorld - Key offerings

12.14 Koninklijke Philips NV
- Exhibit 151: Koninklijke Philips NV - Overview
- Exhibit 152: Koninklijke Philips NV - Business segments
- Exhibit 153: Koninklijke Philips NV - Key news
- Exhibit 154: Koninklijke Philips NV - Key offerings
- Exhibit 155: Koninklijke Philips NV - Segment focus

12.15 Panasonic Holdings Corp.
- Exhibit 156: Panasonic Holdings Corp. - Overview
- Exhibit 157: Panasonic Holdings Corp. - Business segments
- Exhibit 158: Panasonic Holdings Corp. - Key news
- Exhibit 159: Panasonic Holdings Corp. - Key offerings
- Exhibit 160: Panasonic Holdings Corp. - Segment focus

12.16 The Procter and Gamble Co.
- Exhibit 161: The Procter and Gamble Co. - Overview
- Exhibit 162: The Procter and Gamble Co. - Business segments
- Exhibit 163: The Procter and Gamble Co. - Key news
- Exhibit 164: The Procter and Gamble Co. - Key offerings
- Exhibit 165: The Procter and Gamble Co. - Segment focus

12.17 Wahl Clipper Corp.
- Exhibit 166: Wahl Clipper Corp. - Overview
- Exhibit 167: Wahl Clipper Corp. - Product / Service
- Exhibit 168: Wahl Clipper Corp. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 169: Inclusions checklist
- Exhibit 170: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 171: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 172: Research methodology
- Exhibit 173: Validation techniques employed for market sizing
- Exhibit 174: Information sources

13.5 List of abbreviations
- Exhibit 175: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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