In economics, a luxury good (or upmarket good) is a good for which demand increases more than proportionally as income rises, and is a contrast to a "necessity good", where demand increases proportionally less than income. Luxury goods are often synonymous with superior goods and Veblen goods.
This report elaborates the market size, market characteristics, and market growth of the Luxury Goods industry, and breaks down according to the type, application, and consumption area of Luxury Goods. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Luxury Goods in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Luxury Goods market covered in Chapter 13:
Revlon, Inc.
The Shiseido Company, Ltd.
Ralph Lauren Corporation
Burberry Group plc
Prada S.p.A
Compagnie Financière Richemont S.A.
Hermes International SCA
Tiffany & Co., Coty, Inc.
L'Oreal Group
Avon Products, Inc.
The Estee Lauder Companies Inc.
Rolex S.A.
The Swatch Group Ltd.
LVMH Group
Kering S.A.
Graff Diamonds
In Chapter 6, on the basis of types, the Luxury Goods market from 2015 to 2025 is primarily split into:
Luxury Watches & Jewelry
Apparels and Leather Goods
Luxury Personal Care & Cosmetics
Wines/Champagne and Spirits
Fragrances
Others
In Chapter 7, on the basis of applications, the Luxury Goods market from 2015 to 2025 covers:
Online
Physical Stores
Others
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Luxury Goods Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Luxury Goods Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Luxury Goods Market Forces
3.1 Global Luxury Goods Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Luxury Goods Market - By Geography
4.1 Global Luxury Goods Market Value and Market Share by Regions
4.1.1 Global Luxury Goods Value ($) by Region (2015-2020)
4.1.2 Global Luxury Goods Value Market Share by Regions (2015-2020)
4.2 Global Luxury Goods Market Production and Market Share by Major Countries
4.2.1 Global Luxury Goods Production by Major Countries (2015-2020)
4.2.2 Global Luxury Goods Production Market Share by Major Countries (2015-2020)
4.3 Global Luxury Goods Market Consumption and Market Share by Regions
4.3.1 Global Luxury Goods Consumption by Regions (2015-2020)
4.3.2 Global Luxury Goods Consumption Market Share by Regions (2015-2020)
5 Luxury Goods Market - By Trade Statistics
5.1 Global Luxury Goods Export and Import
5.2 United States Luxury Goods Export and Import (2015-2020)
5.3 Europe Luxury Goods Export and Import (2015-2020)
5.4 China Luxury Goods Export and Import (2015-2020)
5.5 Japan Luxury Goods Export and Import (2015-2020)
5.6 India Luxury Goods Export and Import (2015-2020)
5.7
6 Luxury Goods Market - By Type
6.1 Global Luxury Goods Production and Market Share by Types (2015-2020)
6.1.1 Global Luxury Goods Production by Types (2015-2020)
6.1.2 Global Luxury Goods Production Market Share by Types (2015-2020)
6.2 Global Luxury Goods Value and Market Share by Types (2015-2020)
6.2.1 Global Luxury Goods Value by Types (2015-2020)
6.2.2 Global Luxury Goods Value Market Share by Types (2015-2020)
6.3 Global Luxury Goods Production, Price and Growth Rate of Luxury Watches & Jewelry (2015-2020)
6.4 Global Luxury Goods Production, Price and Growth Rate of Apparels and Leather Goods (2015-2020)
6.5 Global Luxury Goods Production, Price and Growth Rate of Luxury Personal Care & Cosmetics (2015-2020)
6.6 Global Luxury Goods Production, Price and Growth Rate of Wines/Champagne and Spirits (2015-2020)
6.7 Global Luxury Goods Production, Price and Growth Rate of Fragrances (2015-2020)
6.8 Global Luxury Goods Production, Price and Growth Rate of Others (2015-2020)
7 Luxury Goods Market - By Application
7.1 Global Luxury Goods Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Luxury Goods Consumption by Applications (2015-2020)
7.1.2 Global Luxury Goods Consumption Market Share by Applications (2015-2020)
7.2 Global Luxury Goods Consumption and Growth Rate of Online (2015-2020)
7.3 Global Luxury Goods Consumption and Growth Rate of Physical Stores (2015-2020)
7.4 Global Luxury Goods Consumption and Growth Rate of Others (2015-2020)
8 North America Luxury Goods Market
8.1 North America Luxury Goods Market Size
8.2 United States Luxury Goods Market Size
8.3 Canada Luxury Goods Market Size
8.4 Mexico Luxury Goods Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Luxury Goods Market Analysis
9.1 Europe Luxury Goods Market Size
9.2 Germany Luxury Goods Market Size
9.3 United Kingdom Luxury Goods Market Size
9.4 France Luxury Goods Market Size
9.5 Italy Luxury Goods Market Size
9.6 Spain Luxury Goods Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Luxury Goods Market Analysis
10.1 Asia-Pacific Luxury Goods Market Size
10.2 China Luxury Goods Market Size
10.3 Japan Luxury Goods Market Size
10.4 South Korea Luxury Goods Market Size
10.5 Southeast Asia Luxury Goods Market Size
10.6 India Luxury Goods Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Luxury Goods Market Analysis
11.1 Middle East and Africa Luxury Goods Market Size
11.2 Saudi Arabia Luxury Goods Market Size
11.3 UAE Luxury Goods Market Size
11.4 South Africa Luxury Goods Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Luxury Goods Market Analysis
12.1 South America Luxury Goods Market Size
12.2 Brazil Luxury Goods Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Revlon, Inc.
13.1.1 Revlon, Inc. Basic Information
13.1.2 Revlon, Inc. Product Profiles, Application and Specification
13.1.3 Revlon, Inc. Luxury Goods Market Performance (2015-2020)
13.2 The Shiseido Company, Ltd.
13.2.1 The Shiseido Company, Ltd. Basic Information
13.2.2 The Shiseido Company, Ltd. Product Profiles, Application and Specification
13.2.3 The Shiseido Company, Ltd. Luxury Goods Market Performance (2015-2020)
13.3 Ralph Lauren Corporation
13.3.1 Ralph Lauren Corporation Basic Information
13.3.2 Ralph Lauren Corporation Product Profiles, Application and Specification
13.3.3 Ralph Lauren Corporation Luxury Goods Market Performance (2015-2020)
13.4 Burberry Group plc
13.4.1 Burberry Group plc Basic Information
13.4.2 Burberry Group plc Product Profiles, Application and Specification
13.4.3 Burberry Group plc Luxury Goods Market Performance (2015-2020)
13.5 Prada S.p.A
13.5.1 Prada S.p.A Basic Information
13.5.2 Prada S.p.A Product Profiles, Application and Specification
13.5.3 Prada S.p.A Luxury Goods Market Performance (2015-2020)
13.6 Compagnie Financière Richemont S.A.
13.6.1 Compagnie Financière Richemont S.A. Basic Information
13.6.2 Compagnie Financière Richemont S.A. Product Profiles, Application and Specification
13.6.3 Compagnie Financière Richemont S.A. Luxury Goods Market Performance (2015-2020)
13.7 Hermes International SCA
13.7.1 Hermes International SCA Basic Information
13.7.2 Hermes International SCA Product Profiles, Application and Specification
13.7.3 Hermes International SCA Luxury Goods Market Performance (2015-2020)
13.8 Tiffany & Co., Coty, Inc.
13.8.1 Tiffany & Co., Coty, Inc. Basic Information
13.8.2 Tiffany & Co., Coty, Inc. Product Profiles, Application and Specification
13.8.3 Tiffany & Co., Coty, Inc. Luxury Goods Market Performance (2015-2020)
13.9 L'Oreal Group
13.9.1 L'Oreal Group Basic Information
13.9.2 L'Oreal Group Product Profiles, Application and Specification
13.9.3 L'Oreal Group Luxury Goods Market Performance (2015-2020)
13.10 Avon Products, Inc.
13.10.1 Avon Products, Inc. Basic Information
13.10.2 Avon Products, Inc. Product Profiles, Application and Specification
13.10.3 Avon Products, Inc. Luxury Goods Market Performance (2015-2020)
13.11 The Estee Lauder Companies Inc.
13.11.1 The Estee Lauder Companies Inc. Basic Information
13.11.2 The Estee Lauder Companies Inc. Product Profiles, Application and Specification
13.11.3 The Estee Lauder Companies Inc. Luxury Goods Market Performance (2015-2020)
13.12 Rolex S.A.
13.12.1 Rolex S.A. Basic Information
13.12.2 Rolex S.A. Product Profiles, Application and Specification
13.12.3 Rolex S.A. Luxury Goods Market Performance (2015-2020)
13.13 The Swatch Group Ltd.
13.13.1 The Swatch Group Ltd. Basic Information
13.13.2 The Swatch Group Ltd. Product Profiles, Application and Specification
13.13.3 The Swatch Group Ltd. Luxury Goods Market Performance (2015-2020)
13.14 LVMH Group
13.14.1 LVMH Group Basic Information
13.14.2 LVMH Group Product Profiles, Application and Specification
13.14.3 LVMH Group Luxury Goods Market Performance (2015-2020)
13.15 Kering S.A.
13.15.1 Kering S.A. Basic Information
13.15.2 Kering S.A. Product Profiles, Application and Specification
13.15.3 Kering S.A. Luxury Goods Market Performance (2015-2020)
13.16 Graff Diamonds
13.16.1 Graff Diamonds Basic Information
13.16.2 Graff Diamonds Product Profiles, Application and Specification
13.16.3 Graff Diamonds Luxury Goods Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Luxury Goods Market Forecast (2020-2025)
14.2 Europe Luxury Goods Market Forecast (2020-2025)
14.3 Asia-Pacific Luxury Goods Market Forecast (2020-2025)
14.4 Middle East and Africa Luxury Goods Market Forecast (2020-2025)
14.5 South America Luxury Goods Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Luxury Goods Market Forecast by Types (2020-2025)
15.1.1 Global Luxury Goods Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Luxury Goods Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Luxury Goods Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Luxury Goods Picture
Table Luxury Goods Key Market Segments
Figure Study and Forecasting Years
Figure Global Luxury Goods Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Luxury Goods Value ($) and Growth Rate (2015-2020)
Table Global Luxury Goods Value ($) by Countries (2015-2020)
Table Global Luxury Goods Value Market Share by Regions (2015-2020)
Figure Global Luxury Goods Value Market Share by Regions in 2019
Figure Global Luxury Goods Production and Growth Rate (2015-2020)
Table Global Luxury Goods Production by Major Countries (2015-2020)
Table Global Luxury Goods Production Market Share by Major Countries (2015-2020)
Figure Global Luxury Goods Production Market Share by Regions in 2019
Figure Global Luxury Goods Consumption and Growth Rate (2015-2020)
Table Global Luxury Goods Consumption by Regions (2015-2020)
Table Global Luxury Goods Consumption Market Share by Regions (2015-2020)
Figure Global Luxury Goods Consumption Market Share by Regions in 2019
Table Global Luxury Goods Export Top 3 Country 2019
Table Global Luxury Goods Import Top 3 Country 2019
Table United States Luxury Goods Export and Import (2015-2020)
Table Europe Luxury Goods Export and Import (2015-2020)
Table China Luxury Goods Export and Import (2015-2020)
Table Japan Luxury Goods Export and Import (2015-2020)
Table India Luxury Goods Export and Import (2015-2020)
Table Global Luxury Goods Production by Types (2015-2020)
Table Global Luxury Goods Production Market Share by Types (2015-2020)
Figure Global Luxury Goods Production Share by Type (2015-2020)
Table Global Luxury Goods Value by Types (2015-2020)
Table Global Luxury Goods Value Market Share by Types (2015-2020)
Figure Global Luxury Goods Value Share by Type (2015-2020)
Figure Global Luxury Watches & Jewelry Production and Growth Rate (2015-2020)
Figure Global Luxury Watches & Jewelry Price (2015-2020)
Figure Global Apparels and Leather Goods Production and Growth Rate (2015-2020)
Figure Global Apparels and Leather Goods Price (2015-2020)
Figure Global Luxury Personal Care & Cosmetics Production and Growth Rate (2015-2020)
Figure Global Luxury Personal Care & Cosmetics Price (2015-2020)
Figure Global Wines/Champagne and Spirits Production and Growth Rate (2015-2020)
Figure Global Wines/Champagne and Spirits Price (2015-2020)
Figure Global Fragrances Production and Growth Rate (2015-2020)
Figure Global Fragrances Price (2015-2020)
Figure Global Others Production and Growth Rate (2015-2020)
Figure Global Others Price (2015-2020)
Table Global Luxury Goods Consumption by Applications (2015-2020)
Table Global Luxury Goods Consumption Market Share by Applications (2015-2020)
Figure Global Luxury Goods Consumption Share by Application (2015-2020)
Figure Global Online Consumption and Growth Rate (2015-2020)
Figure Global Physical Stores Consumption and Growth Rate (2015-2020)
Figure Global Others Consumption and Growth Rate (2015-2020)
Figure North America Luxury Goods Market Consumption and Growth Rate (2015-2020)
Table North America Luxury Goods Consumption by Countries (2015-2020)
Table North America Luxury Goods Consumption Market Share by Countries (2015-2020)
Figure North America Luxury Goods Consumption Market Share by Countries (2015-2020)
Figure United States Luxury Goods Market Consumption and Growth Rate (2015-2020)
Figure Canada Luxury Goods Market Consumption and Growth Rate (2015-2020)
Figure Mexico Luxury Goods Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Luxury Goods Market Consumption and Growth Rate (2015-2020)
Table Europe Luxury Goods Consumption by Countries (2015-2020)
Table Europe Luxury Goods Consumption Market Share by Countries (2015-2020)
Figure Europe Luxury Goods Consumption Market Share by Countries (2015-2020)
Figure Germany Luxury Goods Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Luxury Goods Market Consumption and Growth Rate (2015-2020)
Figure France Luxury Goods Market Consumption and Growth Rate (2015-2020)
Figure Italy Luxury Goods Market Consumption and Growth Rate (2015-2020)
Figure Spain Luxury Goods Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Luxury Goods Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Luxury Goods Consumption by Countries (2015-2020)
Table Asia-Pacific Luxury Goods Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Luxury Goods Consumption Market Share by Countries (2015-2020)
Figure China Luxury Goods Market Consumption and Growth Rate (2015-2020)
Figure Japan Luxury Goods Market Consumption and Growth Rate (2015-2020)
Figure South Korea Luxury Goods Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Luxury Goods Market Consumption and Growth Rate (2015-2020)
Figure India Luxury Goods Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Luxury Goods Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Luxury Goods Consumption by Countries (2015-2020)
Table Middle East and Africa Luxury Goods Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Luxury Goods Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Luxury Goods Market Consumption and Growth Rate (2015-2020)
Figure UAE Luxury Goods Market Consumption and Growth Rate (2015-2020)
Figure South Africa Luxury Goods Market Consumption and Growth Rate (2015-2020)
Figure South America Luxury Goods Market Consumption and Growth Rate (2015-2020)
Table South America Luxury Goods Consumption by Countries (2015-2020)
Table South America Luxury Goods Consumption Market Share by Countries (2015-2020)
Figure South America Luxury Goods Consumption Market Share by Countries (2015-2020)
Figure Brazil Luxury Goods Market Consumption and Growth Rate (2015-2020)
Table Revlon, Inc. Company Profile
Table Revlon, Inc. Production, Value, Price, Gross Margin 2015-2020
Figure Revlon, Inc. Production and Growth Rate
Figure Revlon, Inc. Value ($) Market Share 2015-2020
Table The Shiseido Company, Ltd. Company Profile
Table The Shiseido Company, Ltd. Production, Value, Price, Gross Margin 2015-2020
Figure The Shiseido Company, Ltd. Production and Growth Rate
Figure The Shiseido Company, Ltd. Value ($) Market Share 2015-2020
Table Ralph Lauren Corporation Company Profile
Table Ralph Lauren Corporation Production, Value, Price, Gross Margin 2015-2020
Figure Ralph Lauren Corporation Production and Growth Rate
Figure Ralph Lauren Corporation Value ($) Market Share 2015-2020
Table Burberry Group plc Company Profile
Table Burberry Group plc Production, Value, Price, Gross Margin 2015-2020
Figure Burberry Group plc Production and Growth Rate
Figure Burberry Group plc Value ($) Market Share 2015-2020
Table Prada S.p.A Company Profile
Table Prada S.p.A Production, Value, Price, Gross Margin 2015-2020
Figure Prada S.p.A Production and Growth Rate
Figure Prada S.p.A Value ($) Market Share 2015-2020
Table Compagnie Financière Richemont S.A. Company Profile
Table Compagnie Financière Richemont S.A. Production, Value, Price, Gross Margin 2015-2020
Figure Compagnie Financière Richemont S.A. Production and Growth Rate
Figure Compagnie Financière Richemont S.A. Value ($) Market Share 2015-2020
Table Hermes International SCA Company Profile
Table Hermes International SCA Production, Value, Price, Gross Margin 2015-2020
Figure Hermes International SCA Production and Growth Rate
Figure Hermes International SCA Value ($) Market Share 2015-2020
Table Tiffany & Co., Coty, Inc. Company Profile
Table Tiffany & Co., Coty, Inc. Production, Value, Price, Gross Margin 2015-2020
Figure Tiffany & Co., Coty, Inc. Production and Growth Rate
Figure Tiffany & Co., Coty, Inc. Value ($) Market Share 2015-2020
Table L'Oreal Group Company Profile
Table L'Oreal Group Production, Value, Price, Gross Margin 2015-2020
Figure L'Oreal Group Production and Growth Rate
Figure L'Oreal Group Value ($) Market Share 2015-2020
Table Avon Products, Inc. Company Profile
Table Avon Products, Inc. Production, Value, Price, Gross Margin 2015-2020
Figure Avon Products, Inc. Production and Growth Rate
Figure Avon Products, Inc. Value ($) Market Share 2015-2020
Table The Estee Lauder Companies Inc. Company Profile
Table The Estee Lauder Companies Inc. Production, Value, Price, Gross Margin 2015-2020
Figure The Estee Lauder Companies Inc. Production and Growth Rate
Figure The Estee Lauder Companies Inc. Value ($) Market Share 2015-2020
Table Rolex S.A. Company Profile
Table Rolex S.A. Production, Value, Price, Gross Margin 2015-2020
Figure Rolex S.A. Production and Growth Rate
Figure Rolex S.A. Value ($) Market Share 2015-2020
Table The Swatch Group Ltd. Company Profile
Table The Swatch Group Ltd. Production, Value, Price, Gross Margin 2015-2020
Figure The Swatch Group Ltd. Production and Growth Rate
Figure The Swatch Group Ltd. Value ($) Market Share 2015-2020
Table LVMH Group Company Profile
Table LVMH Group Production, Value, Price, Gross Margin 2015-2020
Figure LVMH Group Production and Growth Rate
Figure LVMH Group Value ($) Market Share 2015-2020
Table Kering S.A. Company Profile
Table Kering S.A. Production, Value, Price, Gross Margin 2015-2020
Figure Kering S.A. Production and Growth Rate
Figure Kering S.A. Value ($) Market Share 2015-2020
Table Graff Diamonds Company Profile
Table Graff Diamonds Production, Value, Price, Gross Margin 2015-2020
Figure Graff Diamonds Production and Growth Rate
Figure Graff Diamonds Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Luxury Goods Market Forecast Production by Types (2020-2025)
Table Global Luxury Goods Market Forecast Production Share by Types (2020-2025)
Table Global Luxury Goods Market Forecast Value ($) by Types (2020-2025)
Table Global Luxury Goods Market Forecast Value Share by Types (2020-2025)
Table Global Luxury Goods Market Forecast Consumption by Applications (2020-2025)
Table Global Luxury Goods Market Forecast Consumption Share by Applications (2020-2025)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
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Total Market |
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