2020-2025 Global MICE Tourism Market Report - Production and Consumption Professional Analysis (Impact of COVID-19)
COVID-19 Impact on MICE Tourism:
The World Health Organization declared the COVID-19 virus outbreak in December 2019 to be a public health emergency. The disease has spread to over 100 nations and resulted in tremendous deaths all across the world. Global industrial, tourism and financial markets have been particularly heavily damaged. The downward pressure on the global economy, which had previously shown signs of recovery, has grown once more. The spread of the virus has added dangerous factors to the global economy's already sluggish development. Various international agencies have stated that the global economy is experiencing its most difficult moment since the financial crisis. The global economic situation is bleak. The global economic situation is bleak. The coronavirus's negative global effects are already evident, and they will have a considerable impact on the MICE Tourism in 2020.
Market Segments
The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2016-2027. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.
By Product Type, MICE Tourism has been segmented into:
- Meetings
- Incentives
- Conventions
- Exhibitions
By Application, MICE Tourism has been segmented into:
- Hospitality
- Transportation
- Retail
- Entertainment
Regions and Countries Level Analysis:
North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa were the regions analyzed by the experts. This section contains data about each region's and country's potential for growth. This data will aid players in identifying lucrative places and planning their future activities and investments accordingly. The market size and demand numbers for each region and country for the period 2016-2020 will also be available to the readers.
Players Covered in MICE Tourism are:
- Maritz
- BI Worldwide
- The Freeman Company
- Cievents
- LLC
- ITA Group
- IBTM
- 360 Destination Group
- Carlson Wagonlit Travel
- The Interpublic Group of Companies
- Inc
- One10
- Meetings and Incentives Worldwide (M&IW)
- Conference Care Ltd
- CSI DMC
- Creative Group
- Inc
- ACCESS Destination Service
- BCD Group
- ATPI Ltd
Competitive Outlook
The analysts have conducted a thorough examination of the major competitors in the market and the methods they are employing to combat the strong competition in this section of the report. This section also includes company profiles and share analyses for the major companies. In addition, the experts conducted a comprehensive SWOT analysis of each player. They've also published manufacturers' sales and revenue data for the years 2016 through 2021. With the help of this report, key players, stakeholders, and other participants will be able to remain on top of recent and upcoming business changes, allowing them to make more informed decisions.
Table of Content
1 MICE Tourism 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 MICE Tourism 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 MICE Tourism Market Forces
3.1 Global MICE Tourism 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 MICE Tourism Market - By Geography
4.1 Global MICE Tourism Market Value and Market Share by Regions
4.1.1 Global MICE Tourism Value ($) by Region (2015-2020)
4.1.2 Global MICE Tourism Value Market Share by Regions (2015-2020)
4.2 Global MICE Tourism Market Production and Market Share by Major Countries
4.2.1 Global MICE Tourism Production by Major Countries (2015-2020)
4.2.2 Global MICE Tourism Production Market Share by Major Countries (2015-2020)
4.3 Global MICE Tourism Market Consumption and Market Share by Regions
4.3.1 Global MICE Tourism Consumption by Regions (2015-2020)
4.3.2 Global MICE Tourism Consumption Market Share by Regions (2015-2020)
5 MICE Tourism Market - By Trade Statistics
5.1 Global MICE Tourism Export and Import
5.2 United States MICE Tourism Export and Import (2015-2020)
5.3 Europe MICE Tourism Export and Import (2015-2020)
5.4 China MICE Tourism Export and Import (2015-2020)
5.5 Japan MICE Tourism Export and Import (2015-2020)
5.6 India MICE Tourism Export and Import (2015-2020)
5.7
6 MICE Tourism Market - By Type
6.1 Global MICE Tourism Production and Market Share by Types (2015-2020)
6.1.1 Global MICE Tourism Production by Types (2015-2020)
6.1.2 Global MICE Tourism Production Market Share by Types (2015-2020)
6.2 Global MICE Tourism Value and Market Share by Types (2015-2020)
6.2.1 Global MICE Tourism Value by Types (2015-2020)
6.2.2 Global MICE Tourism Value Market Share by Types (2015-2020)
6.3 Global MICE Tourism Production, Price and Growth Rate of Meetings (2015-2020)
6.4 Global MICE Tourism Production, Price and Growth Rate of Incentives (2015-2020)
6.5 Global MICE Tourism Production, Price and Growth Rate of Conventions (2015-2020)
6.6 Global MICE Tourism Production, Price and Growth Rate of Exhibitions (2015-2020)
7 MICE Tourism Market - By Application
7.1 Global MICE Tourism Consumption and Market Share by Applications (2015-2020)
7.1.1 Global MICE Tourism Consumption by Applications (2015-2020)
7.1.2 Global MICE Tourism Consumption Market Share by Applications (2015-2020)
7.2 Global MICE Tourism Consumption and Growth Rate of Hospitality (2015-2020)
7.3 Global MICE Tourism Consumption and Growth Rate of Transportation (2015-2020)
7.4 Global MICE Tourism Consumption and Growth Rate of Retail (2015-2020)
7.5 Global MICE Tourism Consumption and Growth Rate of Entertainment (2015-2020)
8 North America MICE Tourism Market
8.1 North America MICE Tourism Market Size
8.2 United States MICE Tourism Market Size
8.3 Canada MICE Tourism Market Size
8.4 Mexico MICE Tourism Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe MICE Tourism Market Analysis
9.1 Europe MICE Tourism Market Size
9.2 Germany MICE Tourism Market Size
9.3 United Kingdom MICE Tourism Market Size
9.4 France MICE Tourism Market Size
9.5 Italy MICE Tourism Market Size
9.6 Spain MICE Tourism Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific MICE Tourism Market Analysis
10.1 Asia-Pacific MICE Tourism Market Size
10.2 China MICE Tourism Market Size
10.3 Japan MICE Tourism Market Size
10.4 South Korea MICE Tourism Market Size
10.5 Southeast Asia MICE Tourism Market Size
10.6 India MICE Tourism Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa MICE Tourism Market Analysis
11.1 Middle East and Africa MICE Tourism Market Size
11.2 Saudi Arabia MICE Tourism Market Size
11.3 UAE MICE Tourism Market Size
11.4 South Africa MICE Tourism Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America MICE Tourism Market Analysis
12.1 South America MICE Tourism Market Size
12.2 Brazil MICE Tourism Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Maritz
13.1.1 Maritz Basic Information
13.1.2 Maritz Product Profiles, Application and Specification
13.1.3 Maritz MICE Tourism Market Performance (2015-2020)
13.2 BI Worldwide
13.2.1 BI Worldwide Basic Information
13.2.2 BI Worldwide Product Profiles, Application and Specification
13.2.3 BI Worldwide MICE Tourism Market Performance (2015-2020)
13.3 The Freeman Company
13.3.1 The Freeman Company Basic Information
13.3.2 The Freeman Company Product Profiles, Application and Specification
13.3.3 The Freeman Company MICE Tourism Market Performance (2015-2020)
13.4 Cievents
13.4.1 Cievents Basic Information
13.4.2 Cievents Product Profiles, Application and Specification
13.4.3 Cievents MICE Tourism Market Performance (2015-2020)
13.5 LLC
13.5.1 LLC Basic Information
13.5.2 LLC Product Profiles, Application and Specification
13.5.3 LLC MICE Tourism Market Performance (2015-2020)
13.6 ITA Group
13.6.1 ITA Group Basic Information
13.6.2 ITA Group Product Profiles, Application and Specification
13.6.3 ITA Group MICE Tourism Market Performance (2015-2020)
13.7 IBTM
13.7.1 IBTM Basic Information
13.7.2 IBTM Product Profiles, Application and Specification
13.7.3 IBTM MICE Tourism Market Performance (2015-2020)
13.8 360 Destination Group
13.8.1 360 Destination Group Basic Information
13.8.2 360 Destination Group Product Profiles, Application and Specification
13.8.3 360 Destination Group MICE Tourism Market Performance (2015-2020)
13.9 Carlson Wagonlit Travel
13.9.1 Carlson Wagonlit Travel Basic Information
13.9.2 Carlson Wagonlit Travel Product Profiles, Application and Specification
13.9.3 Carlson Wagonlit Travel MICE Tourism Market Performance (2015-2020)
13.10 The Interpublic Group of Companies, Inc
13.10.1 The Interpublic Group of Companies, Inc Basic Information
13.10.2 The Interpublic Group of Companies, Inc Product Profiles, Application and Specification
13.10.3 The Interpublic Group of Companies, Inc MICE Tourism Market Performance (2015-2020)
13.11 One10
13.11.1 One10 Basic Information
13.11.2 One10 Product Profiles, Application and Specification
13.11.3 One10 MICE Tourism Market Performance (2015-2020)
13.12 Meetings and Incentives Worldwide (M&IW)
13.12.1 Meetings and Incentives Worldwide (M&IW) Basic Information
13.12.2 Meetings and Incentives Worldwide (M&IW) Product Profiles, Application and Specification
13.12.3 Meetings and Incentives Worldwide (M&IW) MICE Tourism Market Performance (2015-2020)
13.13 Conference Care Ltd
13.13.1 Conference Care Ltd Basic Information
13.13.2 Conference Care Ltd Product Profiles, Application and Specification
13.13.3 Conference Care Ltd MICE Tourism Market Performance (2015-2020)
13.14 CSI DMC
13.14.1 CSI DMC Basic Information
13.14.2 CSI DMC Product Profiles, Application and Specification
13.14.3 CSI DMC MICE Tourism Market Performance (2015-2020)
13.15 Creative Group, Inc
13.15.1 Creative Group, Inc Basic Information
13.15.2 Creative Group, Inc Product Profiles, Application and Specification
13.15.3 Creative Group, Inc MICE Tourism Market Performance (2015-2020)
13.16 ACCESS Destination Service
13.16.1 ACCESS Destination Service Basic Information
13.16.2 ACCESS Destination Service Product Profiles, Application and Specification
13.16.3 ACCESS Destination Service MICE Tourism Market Performance (2015-2020)
13.17 BCD Group
13.17.1 BCD Group Basic Information
13.17.2 BCD Group Product Profiles, Application and Specification
13.17.3 BCD Group MICE Tourism Market Performance (2015-2020)
13.18 ATPI Ltd
13.18.1 ATPI Ltd Basic Information
13.18.2 ATPI Ltd Product Profiles, Application and Specification
13.18.3 ATPI Ltd MICE Tourism Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America MICE Tourism Market Forecast (2020-2025)
14.2 Europe MICE Tourism Market Forecast (2020-2025)
14.3 Asia-Pacific MICE Tourism Market Forecast (2020-2025)
14.4 Middle East and Africa MICE Tourism Market Forecast (2020-2025)
14.5 South America MICE Tourism Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global MICE Tourism Market Forecast by Types (2020-2025)
15.1.1 Global MICE Tourism Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global MICE Tourism Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global MICE Tourism Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure MICE Tourism Picture
Table MICE Tourism Key Market Segments
Figure Study and Forecasting Years
Figure Global MICE Tourism 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 MICE Tourism Value ($) and Growth Rate (2015-2020)
Table Global MICE Tourism Value ($) by Countries (2015-2020)
Table Global MICE Tourism Value Market Share by Regions (2015-2020)
Figure Global MICE Tourism Value Market Share by Regions in 2019
Figure Global MICE Tourism Production and Growth Rate (2015-2020)
Table Global MICE Tourism Production by Major Countries (2015-2020)
Table Global MICE Tourism Production Market Share by Major Countries (2015-2020)
Figure Global MICE Tourism Production Market Share by Regions in 2019
Figure Global MICE Tourism Consumption and Growth Rate (2015-2020)
Table Global MICE Tourism Consumption by Regions (2015-2020)
Table Global MICE Tourism Consumption Market Share by Regions (2015-2020)
Figure Global MICE Tourism Consumption Market Share by Regions in 2019
Table Global MICE Tourism Export Top 3 Country 2019
Table Global MICE Tourism Import Top 3 Country 2019
Table United States MICE Tourism Export and Import (2015-2020)
Table Europe MICE Tourism Export and Import (2015-2020)
Table China MICE Tourism Export and Import (2015-2020)
Table Japan MICE Tourism Export and Import (2015-2020)
Table India MICE Tourism Export and Import (2015-2020)
Table Global MICE Tourism Production by Types (2015-2020)
Table Global MICE Tourism Production Market Share by Types (2015-2020)
Figure Global MICE Tourism Production Share by Type (2015-2020)
Table Global MICE Tourism Value by Types (2015-2020)
Table Global MICE Tourism Value Market Share by Types (2015-2020)
Figure Global MICE Tourism Value Share by Type (2015-2020)
Figure Global Meetings Production and Growth Rate (2015-2020)
Figure Global Meetings Price (2015-2020)
Figure Global Incentives Production and Growth Rate (2015-2020)
Figure Global Incentives Price (2015-2020)
Figure Global Conventions Production and Growth Rate (2015-2020)
Figure Global Conventions Price (2015-2020)
Figure Global Exhibitions Production and Growth Rate (2015-2020)
Figure Global Exhibitions Price (2015-2020)
Table Global MICE Tourism Consumption by Applications (2015-2020)
Table Global MICE Tourism Consumption Market Share by Applications (2015-2020)
Figure Global MICE Tourism Consumption Share by Application (2015-2020)
Figure Global Hospitality Consumption and Growth Rate (2015-2020)
Figure Global Transportation Consumption and Growth Rate (2015-2020)
Figure Global Retail Consumption and Growth Rate (2015-2020)
Figure Global Entertainment Consumption and Growth Rate (2015-2020)
Figure North America MICE Tourism Market Consumption and Growth Rate (2015-2020)
Table North America MICE Tourism Consumption by Countries (2015-2020)
Table North America MICE Tourism Consumption Market Share by Countries (2015-2020)
Figure North America MICE Tourism Consumption Market Share by Countries (2015-2020)
Figure United States MICE Tourism Market Consumption and Growth Rate (2015-2020)
Figure Canada MICE Tourism Market Consumption and Growth Rate (2015-2020)
Figure Mexico MICE Tourism Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe MICE Tourism Market Consumption and Growth Rate (2015-2020)
Table Europe MICE Tourism Consumption by Countries (2015-2020)
Table Europe MICE Tourism Consumption Market Share by Countries (2015-2020)
Figure Europe MICE Tourism Consumption Market Share by Countries (2015-2020)
Figure Germany MICE Tourism Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom MICE Tourism Market Consumption and Growth Rate (2015-2020)
Figure France MICE Tourism Market Consumption and Growth Rate (2015-2020)
Figure Italy MICE Tourism Market Consumption and Growth Rate (2015-2020)
Figure Spain MICE Tourism Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific MICE Tourism Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific MICE Tourism Consumption by Countries (2015-2020)
Table Asia-Pacific MICE Tourism Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific MICE Tourism Consumption Market Share by Countries (2015-2020)
Figure China MICE Tourism Market Consumption and Growth Rate (2015-2020)
Figure Japan MICE Tourism Market Consumption and Growth Rate (2015-2020)
Figure South Korea MICE Tourism Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia MICE Tourism Market Consumption and Growth Rate (2015-2020)
Figure India MICE Tourism Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa MICE Tourism Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa MICE Tourism Consumption by Countries (2015-2020)
Table Middle East and Africa MICE Tourism Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa MICE Tourism Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia MICE Tourism Market Consumption and Growth Rate (2015-2020)
Figure UAE MICE Tourism Market Consumption and Growth Rate (2015-2020)
Figure South Africa MICE Tourism Market Consumption and Growth Rate (2015-2020)
Figure South America MICE Tourism Market Consumption and Growth Rate (2015-2020)
Table South America MICE Tourism Consumption by Countries (2015-2020)
Table South America MICE Tourism Consumption Market Share by Countries (2015-2020)
Figure South America MICE Tourism Consumption Market Share by Countries (2015-2020)
Figure Brazil MICE Tourism Market Consumption and Growth Rate (2015-2020)
Table Maritz Company Profile
Table Maritz Production, Value, Price, Gross Margin 2015-2020
Figure Maritz Production and Growth Rate
Figure Maritz Value ($) Market Share 2015-2020
Table BI Worldwide Company Profile
Table BI Worldwide Production, Value, Price, Gross Margin 2015-2020
Figure BI Worldwide Production and Growth Rate
Figure BI Worldwide Value ($) Market Share 2015-2020
Table The Freeman Company Company Profile
Table The Freeman Company Production, Value, Price, Gross Margin 2015-2020
Figure The Freeman Company Production and Growth Rate
Figure The Freeman Company Value ($) Market Share 2015-2020
Table Cievents Company Profile
Table Cievents Production, Value, Price, Gross Margin 2015-2020
Figure Cievents Production and Growth Rate
Figure Cievents Value ($) Market Share 2015-2020
Table LLC Company Profile
Table LLC Production, Value, Price, Gross Margin 2015-2020
Figure LLC Production and Growth Rate
Figure LLC Value ($) Market Share 2015-2020
Table ITA Group Company Profile
Table ITA Group Production, Value, Price, Gross Margin 2015-2020
Figure ITA Group Production and Growth Rate
Figure ITA Group Value ($) Market Share 2015-2020
Table IBTM Company Profile
Table IBTM Production, Value, Price, Gross Margin 2015-2020
Figure IBTM Production and Growth Rate
Figure IBTM Value ($) Market Share 2015-2020
Table 360 Destination Group Company Profile
Table 360 Destination Group Production, Value, Price, Gross Margin 2015-2020
Figure 360 Destination Group Production and Growth Rate
Figure 360 Destination Group Value ($) Market Share 2015-2020
Table Carlson Wagonlit Travel Company Profile
Table Carlson Wagonlit Travel Production, Value, Price, Gross Margin 2015-2020
Figure Carlson Wagonlit Travel Production and Growth Rate
Figure Carlson Wagonlit Travel Value ($) Market Share 2015-2020
Table The Interpublic Group of Companies, Inc Company Profile
Table The Interpublic Group of Companies, Inc Production, Value, Price, Gross Margin 2015-2020
Figure The Interpublic Group of Companies, Inc Production and Growth Rate
Figure The Interpublic Group of Companies, Inc Value ($) Market Share 2015-2020
Table One10 Company Profile
Table One10 Production, Value, Price, Gross Margin 2015-2020
Figure One10 Production and Growth Rate
Figure One10 Value ($) Market Share 2015-2020
Table Meetings and Incentives Worldwide (M&IW) Company Profile
Table Meetings and Incentives Worldwide (M&IW) Production, Value, Price, Gross Margin 2015-2020
Figure Meetings and Incentives Worldwide (M&IW) Production and Growth Rate
Figure Meetings and Incentives Worldwide (M&IW) Value ($) Market Share 2015-2020
Table Conference Care Ltd Company Profile
Table Conference Care Ltd Production, Value, Price, Gross Margin 2015-2020
Figure Conference Care Ltd Production and Growth Rate
Figure Conference Care Ltd Value ($) Market Share 2015-2020
Table CSI DMC Company Profile
Table CSI DMC Production, Value, Price, Gross Margin 2015-2020
Figure CSI DMC Production and Growth Rate
Figure CSI DMC Value ($) Market Share 2015-2020
Table Creative Group, Inc Company Profile
Table Creative Group, Inc Production, Value, Price, Gross Margin 2015-2020
Figure Creative Group, Inc Production and Growth Rate
Figure Creative Group, Inc Value ($) Market Share 2015-2020
Table ACCESS Destination Service Company Profile
Table ACCESS Destination Service Production, Value, Price, Gross Margin 2015-2020
Figure ACCESS Destination Service Production and Growth Rate
Figure ACCESS Destination Service Value ($) Market Share 2015-2020
Table BCD Group Company Profile
Table BCD Group Production, Value, Price, Gross Margin 2015-2020
Figure BCD Group Production and Growth Rate
Figure BCD Group Value ($) Market Share 2015-2020
Table ATPI Ltd Company Profile
Table ATPI Ltd Production, Value, Price, Gross Margin 2015-2020
Figure ATPI Ltd Production and Growth Rate
Figure ATPI Ltd Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global MICE Tourism Market Forecast Production by Types (2020-2025)
Table Global MICE Tourism Market Forecast Production Share by Types (2020-2025)
Table Global MICE Tourism Market Forecast Value ($) by Types (2020-2025)
Table Global MICE Tourism Market Forecast Value Share by Types (2020-2025)
Table Global MICE Tourism Market Forecast Consumption by Applications (2020-2025)
Table Global MICE Tourism 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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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.
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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
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