Summary
The global and Chinese economies were hit hard in 2020, and the global GDP grew by XX% in 2021. Although the global growth prospects improved and there was a V-shaped rebound, this does not mean that the economy has really recovered to the level before the epidemic. The vast majority of countries are still in the stage of recovery after heavy damage and are far from achieving real recovery.
2023 is a year of continuous recovery. Global supply chain disturbance, geopolitical tension, energy price fluctuation, local labor shortage and rising raw material prices will affect the resilience of economic recovery. The International Monetary Fund (IMF) predicts that the world economy will grow by XX% in 2023, of which the U.S. economy will grow by about XX%. Driven by China and India, Asia is expected to become the fastest growing region in the world in 2023. However, China's economic growth has slowed down. The 2023 government work report shows that the expected target of economic growth is set at about XX%.
According to research, China has set a growth rate of about XX%, which not only focuses on the speed of economic growth, but also anchors the quality of economic development. Scientific and technological innovation, economic and social digitization and green development will be the long-term goals of China's economic development. It is expected that in 2023, major economies such as the United States, Europe and China will introduce more favorable policies to drive the development of switching power supply industry.
VIC Research released the 《Global Functional Apparels Market Analysis 2023, With Top Companies, Sales, Revenue, Consumption, Price and Growth Rate》, which aims to sort out the development status and trends of the Functional Apparels industry at home and abroad, estimate the overall market scale of the Functional Apparels industry and the market share of major countries, Functional Apparels industry, and study and judge the downstream market demand of Functional Apparels through systematic research, Analyze the competition pattern of Functional Apparels, so as to help solve the pain points of various stakeholders in Functional Apparels industry. This industry research report combines desktop research, qualitative interviews with insiders or experts and other methods to strive for the objectivity and integrity of conclusions and data.
Regional Segmentation (Value; Revenue, USD Million, 2019- 2028) of Functional Apparels Market by VIC Research Include
NorthAmerica
Asia
Europe
Middle East & Africa
South America
Competitive Analysis; Who are the Major Players in Functional Apparels Market?
Addidas
Icebreaker
Tommy Hilfiger
Nike Inc.
New Balance Inc.
Under Armour Inc.
Asics Corporation
Columbia
Russell Brands LLC
Polar Stuff
Playboy Enterprises
Thai Sock Co. Ltd.
Skechers USA Inc.
Puma
Major Type of Functional Apparels Covered in VIC Research report:
Outdoor Clothing
Sportswear
Footwear
Socks
Innerwear
Other
Application Segments Covered in VIC Research Market
Men
Women
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Functional Apparels Market Analysis 2023, With Top Companies, Sales, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Outdoor Clothing -Product Introduction and Major Company
1.1.2 Sportswear -Product Introduction and Major Company
1.1.3 Footwear -Product Introduction and Major Company
1.1.4 Socks -Product Introduction and Major Company
1.1.5 Innerwear -Product Introduction and Major Company
1.1.6 Other -Product Introduction and Major Company
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Five-Year Compound Annual Growth Rate (CAGR)
2 Regional Market
2.1 Regional Market Share in Terms of Sales (2019 & 2023 & 2026)
2.2 Regional Market Share in Terms of Revenue (2019 & 2023 & 2026)
2.3 Regional Market Share in Terms of Consumption (2019 & 2023 & 2026)
3 Global Functional Apparels Market Assessment by Type
3.1 Global Functional Apparels Sales by Type (2019-2028)
3.2 Global Functional Apparels Revenue by Type (2019-2028)
3.3 North America Functional Apparels Sales and Revenue by Type (2019-2028)
3.4 Asia Functional Apparels Sales and Revenue by Type (2019-2028)
3.5 Europe Functional Apparels Sales and Revenue by Type (2019-2028)
3.6 Middle East & Africa Functional Apparels Sales and Revenue by Type (2019-2028)
3.7 South America Functional Apparels Sales and Revenue by Type (2019-2028)
4 Historical & Forecast Global Functional Apparels Market Assessment by Application
4.1 Global Functional Apparels Consumption and Consumption in Different Application Field (2019-2028)
4.2 North America Functional Apparels Consumption and Consumption in Different Application Field (2019-2028)
4.3 Asia Functional Apparels Consumption and Consumption in Different Application Field (2019-2028)
4.4 Europe Functional Apparels Consumption and Consumption in Different Application Field (2019-2028)
4.5 Middle East & Africa Functional Apparels Consumption and Consumption in Different Application Field (2019-2028)
4.6 South America Functional Apparels Consumption and Consumption in Different Application Field (2019-2028)
5 North America
5.1 US Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
5.2 Canada Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
5.3 Mexico Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
6 Asia
6.1 China Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
6.2 Japan Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
6.3 India Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
6.4 Korea Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
6.5 Southeat Asia Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
7 Europe
7.1 Germany Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
7.2 UK Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
7.3 France Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
7.4 Russia Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
7.5 Italy Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
8 Middle East and Africa
8.1 Saudi Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
8.2 UAE Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
8.3 Egypt Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
8.4 Nigeria Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
8.5 South Africa Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
9 South America
9.1 Brazil Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
9.2 Argentina Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
9.3 Colombia Functional Apparels Sales, Revenue and Growth Rate (2019-2028)
10 Global Functional Apparels Average Price Trend
10.1 Market Price for Each Type of Functional Apparels in North America (2019-2028)
10.2 Market Price for Each Type of Functional Apparels in Asia (2019-2028)
10.3 Market Price for Each Type of Functional Apparels in Europe (2019-2028)
10.4 Market Price for Each Type of Functional Apparels in Middle East & Africa (2019-2028)
10.5 Market Price for Each Type of Functional Apparels in South America (2019-2028)
11 Value Chain
11.1 Functional Apparels Value Chain Analysis
11.1.1 Upstream
11.1.2 Downstream
11.2 COVID-19 Impact on Functional Apparels Industry
11.2.1 Industrial Policy Issued Under the Epidemic Situation
11.2.2 Post-pandemic Era
11.3 Cost-Under the Epidemic Situation
11.3.1 Cost of Raw Material
11.4 Channel Analysis
11.4.1 Distribution Channel-Under the Epidemic Situation
11.4.2 Distributors
12 Major Players of Global Functional Apparels Market, Competitive Analysis
12.1 Addidas
12.1.1 Addidas Company Profiles and Company News
12.1.2 Addidas Product Introduction
12.1.3 Addidas Functional Apparels Sales, Revenue (2019-2023)
12.1.4 SWOT Analysis
12.2 Icebreaker
12.2.1 Icebreaker Company Profiles and Company News
12.2.2 Icebreaker Product Introduction
12.2.3 Icebreaker Functional Apparels Sales, Revenue (2019-2023)
12.2.4 SWOT Analysis
12.3 Tommy Hilfiger
12.3.1 Tommy Hilfiger Company Profiles and Company News
12.3.2 Tommy Hilfiger Product Introduction
12.3.3 Tommy Hilfiger Functional Apparels Sales, Revenue (2019-2023)
12.3.4 SWOT Analysis
12.4 Nike Inc.
12.4.1 Nike Inc. Company Profiles and Company News
12.4.2 Nike Inc. Product Introduction
12.4.3 Nike Inc. Functional Apparels Sales, Revenue (2019-2023)
12.4.4 SWOT Analysis
12.5 Russell Brands LLC
12.5.1 New Balance Inc. Company Profiles and Company News
12.5.2 New Balance Inc. Product Introduction
12.5.3 New Balance Inc. Functional Apparels Sales, Revenue (2019-2023)
12.5.4 SWOT Analysis
12.6 Under Armour Inc.
12.6.1 Under Armour Inc. Company Profiles and Company News
12.6.2 Under Armour Inc. Product Introduction
12.6.3 Under Armour Inc. Functional Apparels Sales, Revenue (2019-2023)
12.6.4 SWOT Analysis
12.7 Asics Corporation
12.7.1 Asics Corporation Company Profiles and Company News
12.7.2 Asics Corporation Product Introduction
12.7.3 Asics Corporation Functional Apparels Sales, Revenue (2019-2023)
12.7.4 SWOT Analysis
12.8 Columbia
12.8.1 Columbia Company Profiles and Company News
12.8.2 Columbia Product Introduction
12.8.3 Columbia Functional Apparels Sales, Revenue (2019-2023)
12.8.4 SWOT Analysis
12.9 Russell Brands LLC
12.9.1 Russell Brands LLC Company Profiles and Company News
12.9.2 Russell Brands LLC Product Introduction
12.9.3 Russell Brands LLC Functional Apparels Sales, Revenue (2019-2023)
12.9.4 SWOT Analysis
12.10 Polar Stuff
12.10.1 Polar Stuff Company Profiles and Company News
12.10.2 Polar Stuff Product Introduction
12.10.3 Polar Stuff Functional Apparels Sales, Revenue (2019-2023)
12.10.4 SWOT Analysis
12.11 Playboy Enterprises
12.12 Thai Sock Co. Ltd.
12.13 Skechers USA Inc.
12.14 Puma
13 Global Functional Apparels Market, Competitive Landscape and Market Forecast
13.1 Key Companies Dominating the Global Functional Apparels Market
13.2 Concentration Ratio (CR5) of Global Functional Apparels Market (2019)
13.2.1 Market Share of Top 5 Players in Term of Revenue (2019)
13.3 Concentration Ratio (CR5) of Global Functional Apparels Market (2023)
13.3.1 Market Share of Top 5 Players in Term of Revenue (2023)
14 Conclusion
15 Methodology and Data Source
List of Tables and Figures
Figure Product Introduction
Table Sales (K Units) and Revenue (Million USD) of Major Players (2019-2023)
Figure Global Functional Apparels Sales Market Share of Top 5 Players
Table CAGR of Major Market (2021-2026)
Table CAGR in Terms of Sales of Each Type (2019-2028)
Table Regional Market Share in Terms of Sales (2019-2026)
Figure Regional Market Share in Terms of Sales (2019 - 2020)
Table Regional Market Share in Terms of Revenue (2019-2026)
Figure Regional Market Share in Terms of Revenue (2019 - 2020)
Figure Regional Market Share in Terms of Consumption (2019 - 2020)
Figure Regional Market Share in Terms of Consumption (2019 - 2020)
Table Global Functional Apparels Sales (K Unit) by Type (2019-2028)
Figure Global Functional Apparels Sales (K Unit) and Growth Rate (2019-2028)
Figure Global Functional Apparels Sales Market Share (%) by Type (2019 -2020)
Table Global Functional Apparels Revenue (Million USD) by Type (2019-2028)
Figure Global Functional Apparels Revenue (Million USD) and Growth Rate (2019-2028)
Figure Global Functional Apparels Revenue Market Share (%) by Type (2019-2020)
Figure North America Functional Apparels Sales (K Unit) by Type (2019-2028)
Figure North America Functional Apparels Sales (K Unit) and Growth Rate (2019-2028)
Figure North America Functional Apparels Revenue (Million USD) by Type (2019-2028)
Figure North America Functional Apparels Revenue (Million USD) and Growth Rate (2019-2028)
Figure Asia Functional Apparels Sales (K Unit) by Type (2019-2028)
Figure Asia Functional Apparels Sales (K Unit) and Growth Rate (2019-2028)
Figure Asia Functional Apparels Revenue (Million USD) by Type (2019-2028)
Figure Asia Functional Apparels Revenue (Million USD) and Growth Rate (2019-2028)
Figure Europe Functional Apparels Sales (K Unit) by Type (2019-2028)
Figure Europe Functional Apparels Sales (K Unit) and Growth Rate (2019-2028)
Figure Europe Functional Apparels Revenue (Million USD) by Type (2019-2028)
Figure Europe Functional Apparels Revenue (Million USD) and Growth Rate (2019-2028)
Figure Middle East & Africa Functional Apparels Sales (K Unit) by Type (2019-2028)
Figure Middle East & Africa Functional Apparels Sales (K Unit) and Growth Rate (2019-2028)
Figure Middle East & Africa Functional Apparels Revenue (Million USD) by Type (2019-2028)
Figure Middle East & Africa Functional Apparels Revenue (Million USD) and Growth Rate (2019-2028)
Figure South America Functional Apparels Sales (K Unit) by Type (2019-2028)
Figure South America Functional Apparels Sales (K Unit) and Growth Rate (2019-2028)
Figure South America Functional Apparels Revenue (Million USD) by Type (2019-2028)
Figure South America Functional Apparels Revenue (Million USD) and Growth Rate (2019-2028)
Table Historical & Forecast Functional Apparels Different Application Field Consumption (K Unit)
Figure Consumption (K Unit) and Growth Rate (2019-2028)
Figure Different Application Field Consumption Market Share (%) (2019-2020)
Table Historical & Forecast Functional Apparels Different Application Field Consumption (K Unit)
Figure North America Functional Apparels Consumption (K Unit) and Growth Rate (2019-2028)
Figure North America Functional Apparels Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast Functional Apparels Different Application Field Consumption (K Unit)
Figure Asia Functional Apparels Consumption (K Unit) and Growth Rate (2019-2028)
Figure Asia Functional Apparels Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast Functional Apparels Different Application Field Consumption (K Unit)
Figure Europe Functional Apparels Consumption (K Unit) and Growth Rate (2019-2028)
Figure Europe Functional Apparels Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast Functional Apparels Different Application Field Consumption (K Unit)
Figure Middle East & Africa Functional Apparels Consumption (K Unit) and Growth Rate (2019-2028)
Figure Middle East & Africa Functional Apparels Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast Functional Apparels Different Application Field Consumption (K Unit)
Figure South America Functional Apparels Consumption (K Unit) and Growth Rate (2019-2028)
Figure South America Functional Apparels Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast Functional Apparels Different Application Field Consumption (K Unit)
Table US Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Canada Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Mexico Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table China Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Japan Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table India Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Korea Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Southeast Asia Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Germany Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table UK Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table France Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Russia Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Italy Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Saudi Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table UAE Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Egypt Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Nigeria Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table South Africa Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Brazil Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Argentina Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Colombia Functional Apparels Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Market Price (USD/Unit) for Each Type of Functional Apparels in China
Table Market Price (USD/Unit) for Each Type of Functional Apparels in EU
Table Market Price (USD/Unit) for Each Type of Functional Apparels in USA
Table Market Price (USD/Unit) for Each Type of Functional Apparels in Japan
Table Market Price (USD/Unit) for Each Type of Functional Apparels in India
Table Market Price (USD/Unit) for Each Type of Functional Apparels in Southeast Asia
Table Market Price (USD/Unit) for Each Type of Functional Apparels in South America
Figure Value Chain Structure of Functional Apparels
Table Value Chain
Table Key Suppliers of Raw Material/Components
Table Key Downstream Customer in Each Application Field
Table Industry News List of Functional Apparels
Figure Cost Structure of Functional Apparels in 2020
Table Distributors/Traders List
Table ????Addidas Profiles
Table ????Addidas Functional Apparels Product Introduction
Figure ????Addidas Functional Apparels Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Addidas SWOT Analysis
Table ????Icebreaker Profiles
Table ????Icebreaker Functional Apparels Product Introduction
Figure ????Icebreaker Functional Apparels Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Icebreaker SWOT Analysis
Table ????Tommy Hilfiger Profiles
Table ????Tommy Hilfiger Functional Apparels Product Introduction
Figure ????Tommy Hilfiger Functional Apparels Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Tommy Hilfiger SWOT Analysis
Table ????Nike Inc. Profiles
Table ????Nike Inc. Functional Apparels Product Introduction
Figure ????Nike Inc. Functional Apparels Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Nike Inc. SWOT Analysis
Table ????New Balance Inc. Profiles
Table ????New Balance Inc. Functional Apparels Product Introduction
Figure ????New Balance Inc. Consumer Goods Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????New Balance Inc. SWOT Analysis
Table ????Under Armour Inc. Profiles
Table ????Under Armour Inc. Functional Apparels Product Introduction
Figure ????Under Armour Inc. Functional Apparels Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Under Armour Inc. SWOT Analysis
Table ????Asics Corporation Profiles
Table ????Asics Corporation Functional Apparels Product Introduction
Figure ????Asics Corporation Functional Apparels Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Asics Corporation SWOT Analysis
Table ????Columbia Profiles
Table ????Columbia Functional Apparels Product Introduction
Figure ????Columbia Functional Apparels Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Columbia SWOT Analysis
Table ????Russell Brands LLC Profiles
Table ????Russell Brands LLC Functional Apparels Product Introduction
Figure ????Russell Brands LLC Functional Apparels Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Russell Brands LLC SWOT Analysis
Table ????Polar Stuff Profiles
Table ????Polar Stuff Functional Apparels Product Introduction
Figure ????Polar Stuff Functional Apparels Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Polar Stuff SWOT Analysis
Table ????Playboy Enterprises Profiles
Table ????Playboy Enterprises Functional Apparels Product Introduction
Figure ????Playboy Enterprises Functional Apparels Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Playboy Enterprises SWOT Analysis
Table ????Thai Sock Co. Ltd. Profiles
Table ????Thai Sock Co. Ltd. Functional Apparels Product Introduction
Figure ????Thai Sock Co. Ltd. Functional Apparels Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Thai Sock Co. Ltd. SWOT Analysis
Table ????Skechers USA Inc. Profiles
Table ????Skechers USA Inc. Functional Apparels Product Introduction
Figure ????Skechers USA Inc. Functional Apparels Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Skechers USA Inc. SWOT Analysis
Table ????Puma Profiles
Table ????Puma Functional Apparels Product Introduction
Figure ????Puma Functional Apparels Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Puma SWOT Analysis
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.
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