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 Stand Up Paddle Board (SUP) Market Segment Research Report 2023》, which aims to sort out the development status and trends of the Stand Up Paddle Board (SUP) industry at home and abroad, estimate the overall market scale of the Stand Up Paddle Board (SUP) industry and the market share of major countries, Stand Up Paddle Board (SUP) industry, and study and judge the downstream market demand of Stand Up Paddle Board (SUP) through systematic research, Analyze the competition pattern of Stand Up Paddle Board (SUP), so as to help solve the pain points of various stakeholders in Stand Up Paddle Board (SUP) 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 Stand Up Paddle Board (SUP) Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Stand Up Paddle Board (SUP) Market?
SUP ATX
Naish Surfing
BIC Sport
Boardworks
C4 Waterman
Tower Paddle Boards
Sun Dolphin
Rave Sports Inc
RED Paddle
EXOCET- ORIGINAL
Coreban
NRS
F-one SUP
Clear Blue Hawaii
SlingShot
Hobie.
Laird StandUp
Sea Eagle
Airhead
Major Type of Stand Up Paddle Board (SUP) Covered in VIC Research report:
Solid SUP Boards
Inflatable SUP Boards
Application Segments Covered in VIC Research Market
For Surf
For Allround
For Flatwater or Touring
For Racing
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Stand Up Paddle Board (SUP) Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Stand Up Paddle Board (SUP) Market by Value
2.2.1 Global Stand Up Paddle Board (SUP) Revenue by Type
2.2.2 Global Stand Up Paddle Board (SUP) Market by Value (%)
2.3 Global Stand Up Paddle Board (SUP) Market by Production
2.3.1 Global Stand Up Paddle Board (SUP) Production by Type
2.3.2 Global Stand Up Paddle Board (SUP) Market by Production (%)
3. The Major Driver of Stand Up Paddle Board (SUP) Industry
3.1 Historical & Forecast Global Stand Up Paddle Board (SUP) Demand
3.2 Largest Application for Stand Up Paddle Board (SUP) (2019-2028)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional Stand Up Paddle Board (SUP) Market
4.1 Regional Market Size in Terms of Production & Demand (2023)
4.2 Regional Market Share in Terms of Revenue (2019-2023)
4.3 Concentration Ratio (CR5& CR10) of Stand Up Paddle Board (SUP) Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Stand Up Paddle Board (SUP) Production, Revenue (2019-2028)
5.1 Current and Estimated Production Breakdown by Type
5.2 Current and Estimated Production Breakdown by Application
5.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
5.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
6. Europe Stand Up Paddle Board (SUP) Production, Revenue (2019-2028)
6.1 Current and Estimated Production Breakdown by Type
6.2 Current and Estimated Production Breakdown by Application
6.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
6.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
7. China Stand Up Paddle Board (SUP) Production, Revenue (2019-2028)
7.1 Current and Estimated Production Breakdown by Type
7.2 Current and Estimated Production Breakdown by Application
7.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
7.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
8. Japan Stand Up Paddle Board (SUP) Production, Revenue (2019-2028)
8.1 Current and Estimated Production Breakdown by Type
8.2 Current and Estimated Production Breakdown by Application
8.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
8.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
9. India Stand Up Paddle Board (SUP) Production, Revenue (2019-2028)
9.1 Current and Estimated Production Breakdown by Type
9.2 Current and Estimated Production Breakdown by Application
9.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
9.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
10. Korea Stand Up Paddle Board (SUP) Production, Revenue (2019-2028)
10.1 Current and Estimated Production Breakdown by Type
10.2 Current and Estimated Production Breakdown by Application
10.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
10.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
11. Southeast Asia Stand Up Paddle Board (SUP) Production, Revenue (2019-2028)
11.1 Current and Estimated Production Breakdown by Type
11.2 Current and Estimated Production Breakdown by Application
11.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
11.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
12. Global Stand Up Paddle Board (SUP) Average Price Trend
12.1 Market Price for Each Type of Stand Up Paddle Board (SUP) in US (2019-2023)
12.2 Market Price for Each Type of Stand Up Paddle Board (SUP) in Europe (2019-2023)
12.3 Market Price for Each Type of Stand Up Paddle Board (SUP) in China (2019-2023)
12.4 Market Price for Each Type of Stand Up Paddle Board (SUP) in Japan (2019-2023)
12.5 Market Price for Each Type of Stand Up Paddle Board (SUP) in India (2019-2023)
12.6 Market Price for Each Type of Stand Up Paddle Board (SUP) in Korea (2019-2023)
12.7 Market Price for Each Type of Stand Up Paddle Board (SUP) in Southeast Asia (2019-2023)
13. Industrial Chain (Impact of COVID-19)
13.1 Stand Up Paddle Board (SUP) Industrial Chain Analysis
13.2 Downstream
13.3 Impact of COVID-19
13.4 Post-pandemic Era
13.5 Technology Trends of Stand Up Paddle Board (SUP)
14. Stand Up Paddle Board (SUP) Competitive Landscape
14.1 SUP ATX
14.1.1 SUP ATX Company Profiles
14.1.2 SUP ATX Product Introduction
14.1.3 SUP ATX Stand Up Paddle Board (SUP) Production, Revenue (2019-2023)
14.1.4 Strategic initiatives
14.2 Naish Surfing
14.2.1 Naish Surfing Company Profiles
14.2.2 Naish Surfing Product Introduction
14.2.3 Naish Surfing Stand Up Paddle Board (SUP) Production, Revenue (2019-2023)
14.2.4 Strategic initiatives
14.3 BIC Sport
14.3.1 BIC Sport Company Profiles
14.3.2 BIC Sport Product Introduction
14.3.3 BIC Sport Stand Up Paddle Board (SUP) Production, Revenue (2019-2023)
14.3.4 Strategic initiatives
14.4 Boardworks
14.4.1 Boardworks Company Profiles
14.4.2 Boardworks Product Introduction
14.4.3 Boardworks Stand Up Paddle Board (SUP) Production, Revenue (2019-2023)
14.4.4 Strategic initiatives
14.5 C4 Waterman
14.5.1 C4 Waterman Company Profiles
14.5.2 C4 Waterman Product Introduction
14.5.3 C4 Waterman Stand Up Paddle Board (SUP) Production, Revenue (2019-2023)
14.5.4 Strategic initiatives
14.6 Tower Paddle Boards
14.6.1 Tower Paddle Boards Company Profiles
14.6.2 Tower Paddle Boards Product Introduction
14.6.3 Tower Paddle Boards Stand Up Paddle Board (SUP) Production, Revenue (2019-2023)
14.6.4 Strategic initiatives
14.7 Sun Dolphin
14.7.1 Sun Dolphin Company Profiles
14.7.2 Sun Dolphin Product Introduction
14.7.3 Sun Dolphin Stand Up Paddle Board (SUP) Production, Revenue (2019-2023)
14.7.4 Strategic initiatives
14.8 Rave Sports Inc
14.8.1 Rave Sports Inc Company Profiles
14.8.2 Rave Sports Inc Product Introduction
14.8.3 Rave Sports Inc Stand Up Paddle Board (SUP) Production, Revenue (2019-2023)
14.8.4 Strategic initiatives
14.9 RED Paddle
14.9.1 RED Paddle Company Profiles
14.9.2 RED Paddle Product Introduction
14.9.3 RED Paddle Stand Up Paddle Board (SUP) Production, Revenue (2019-2023)
14.9.4 Strategic initiatives
14.10 EXOCET- ORIGINAL
14.10.1 EXOCET- ORIGINAL Company Profiles
14.10.2 EXOCET- ORIGINAL Product Introduction
14.10.3 EXOCET- ORIGINAL Stand Up Paddle Board (SUP) Production, Revenue (2019-2023)
14.10.4 Strategic initiatives
14.11 Coreban
14.12 NRS
14.13 F-one SUP
14.14 Clear Blue Hawaii
14.15 SlingShot
14.16 Hobie.
14.17 Laird StandUp
14.18 Sea Eagle
14.19 Airhead
15. Conclusion
16. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Demand by Application of Stand Up Paddle Board (SUP) Industry (Volume)
Figure 2. Stand Up Paddle Board (SUP) Production & Demand by Regions in 2023
Figure 3. Regional Market Share in Terms of Revenue (2023&2027)
Figure 4. The Top 10 and 5 Players Market Share by Stand Up Paddle Board (SUP) Revenue in 2023
Figure 5. US Stand Up Paddle Board (SUP) Production, Demand (2019-2028)
Figure 6. Production Breakdown by Type (%)
Figure 7. Demand Breakdown by Type (%)
Figure 8. Demand Breakdown by Application (%)
Figure 9. Revenue Breakdown by Type (%)
Figure 10. Revenue Breakdown by Application (%)
Figure 11. Europe Stand Up Paddle Board (SUP) Production, Demand (2019-2028)
Figure 12. Production Breakdown by Type (%)
Figure 13. Demand Breakdown by Type (%)
Figure 14. Demand Breakdown by Application (%)
Figure 15. Revenue Breakdown by Type (%)
Figure 16. Revenue Breakdown by Application (%)
Figure 17. China Stand Up Paddle Board (SUP) Production, Demand (2019-2028)
Figure 18. Production Breakdown by Type (%)
Figure 19. Demand Breakdown by Type (%)
Figure 20. Demand Breakdown by Application (%)
Figure 21. Current and Estimated Revenue Breakdown by Type
Figure 22. Revenue Breakdown by Type (%)
Figure 23. Revenue Breakdown by Application (%)
Figure 24. Japan Stand Up Paddle Board (SUP) Production, Demand (2019-2028)
Figure 25. Production Breakdown by Type (%)
Figure 26. Demand Breakdown by Type (%)
Figure 27. Demand Breakdown by Application (%)
Figure 28. Revenue Breakdown by Type (%)
Figure 29. Revenue Breakdown by Application (%)
Figure 30. India Stand Up Paddle Board (SUP) Production, Demand (2019-2028)
Figure 31. Production Breakdown by Type (%)
Figure 32. Demand Breakdown by Type (%)
Figure 33. Demand Breakdown by Application (%)
Figure 34. Revenue Breakdown by Type (%)
Figure 35. Revenue Breakdown by Application (%)
Figure 36. Korea Stand Up Paddle Board (SUP) Production, Demand (2019-2028)
Figure 37. Production Breakdown by Type (%)
Figure 38. Demand Breakdown by Type (%)
Figure 39. Demand Breakdown by Application (%)
Figure 40. Revenue Breakdown by Type (%)
Figure 41. Revenue Breakdown by Application (%)
Figure 42. Southeast Asia Stand Up Paddle Board (SUP) Production, Demand (2019-2028)
Figure 43. Current and Estimated Production Breakdown by Type (2019-2028)
Figure 44. Production Breakdown by Type (%)
Figure 45. Demand Breakdown by Type (%)
Figure 46. Revenue Breakdown by Type (%)
Figure 47. Revenue Breakdown by Application (%)
Figure 48. Industrial Chain
Table 1. Top Manufacturers and Market Segmentation
Table 2. Product Introduction, Application, Picture
Table 3. Stand Up Paddle Board (SUP) Revenue, by Type (Million USD) (2019-2028)
Table 4. Stand Up Paddle Board (SUP) Production, by Type (K Unit) (2019-2028)
Table 5. Stand Up Paddle Board (SUP) Demand (K Unit) by Application (2019-2028)
Table 6. Stand Up Paddle Board (SUP) Demand (Million USD) by Application (2019-2028)
Table 7. The Major Downstream Company in China
Table 8. Regional Market Share in Terms of Production & Demand (2023)
Table 9. Regional Market Share in Terms of Revenue (2023&2027)
Table 10. Ranking of Global Top Stand Up Paddle Board (SUP) Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US Stand Up Paddle Board (SUP) Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 13. Current and Estimated Production Breakdown by Type (2019-2028)
Table 14. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 15. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 16. Current and Estimated Revenue Breakdown by Type
Table 17. Current and Estimated Revenue Breakdown by Application
Table 18. Europe Stand Up Paddle Board (SUP) Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 19. Current and Estimated Production Breakdown by Type (2019-2028)
Table 20. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 21. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 22. Current and Estimated Revenue Breakdown by Type
Table 23. Current and Estimated Revenue Breakdown by Application
Table 24. China Stand Up Paddle Board (SUP) Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 25. Table Current and Estimated Production Breakdown by Type
Table 26. Current and Estimated Demand Breakdown by Type
Table 27. Current and Estimated Demand Breakdown by Application
Table 28. Current and Estimated Revenue Breakdown by Application
Table 29. Japan Stand Up Paddle Board (SUP) Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 30. Current and Estimated Production Breakdown by Type (2019-2028)
Table 31. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 32. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 33. Current and Estimated Revenue Breakdown by Type
Table 34. Current and Estimated Revenue Breakdown by Application
Table 35. India Stand Up Paddle Board (SUP) Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 36. Current and Estimated Production Breakdown by Type (2019-2028)
Table 37. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 38. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 39. Current and Estimated Revenue Breakdown by Type
Table 40. Current and Estimated Revenue Breakdown by Application
Table 41. Korea Stand Up Paddle Board (SUP) Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 42. Current and Estimated Production Breakdown by Type (2019-2028)
Table 43. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 44. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 45. Current and Estimated Revenue Breakdown by Type
Table 46. Current and Estimated Revenue Breakdown by Application
Table 47. Southeast Asia Stand Up Paddle Board (SUP) Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 48. Table Current and Estimated Demand Breakdown by Type (2019-2028)
Table 49. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 50. Current and Estimated Revenue Breakdown by Type
Table 51. Current and Estimated Revenue Breakdown by Application
Table 52. Market Price (USD/Unit) for Each Type of Stand Up Paddle Board (SUP) in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of Stand Up Paddle Board (SUP) in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of Stand Up Paddle Board (SUP) in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of Stand Up Paddle Board (SUP) in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of Stand Up Paddle Board (SUP) in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of Stand Up Paddle Board (SUP) in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of Stand Up Paddle Board (SUP) in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. SUP ATX Profiles
Table 61. SUP ATX Stand Up Paddle Board (SUP) Product Introduction
Table 62. SUP ATX Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 63. SUP ATX Strategic initiatives
Table 64. Naish Surfing Profiles
Table 65. Naish Surfing Stand Up Paddle Board (SUP) Product Introduction
Table 66. Naish Surfing Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 67. Naish Surfing Strategic initiatives
Table 68. BIC Sport Profiles
Table 69. BIC Sport Stand Up Paddle Board (SUP) Product Introduction
Table 70. BIC Sport Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 71. BIC Sport Strategic initiatives
Table 72. Boardworks Profiles
Table 73. Boardworks Stand Up Paddle Board (SUP) Product Introduction
Table 74. Boardworks Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 75. Boardworks Strategic initiatives
Table 76. C4 Waterman Profiles
Table 77. C4 Waterman Stand Up Paddle Board (SUP) Product Introduction
Table 78. C4 Waterman Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 79. C4 Waterman Strategic initiatives
Table 80. Tower Paddle Boards Profiles
Table 81. Tower Paddle Boards Stand Up Paddle Board (SUP) Product Introduction
Table 82. Tower Paddle Boards Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 83. Tower Paddle Boards Strategic initiatives
Table 84. Sun Dolphin Profiles
Table 85. Sun Dolphin Stand Up Paddle Board (SUP) Product Introduction
Table 86. Sun Dolphin Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 87. Sun Dolphin Strategic initiatives
Table 88. Rave Sports Inc Profiles
Table 89. Rave Sports Inc Stand Up Paddle Board (SUP) Product Introduction
Table 90. Rave Sports Inc Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 91. Rave Sports Inc Strategic initiatives
Table 92. RED Paddle Profiles
Table 93. RED Paddle Stand Up Paddle Board (SUP) Product Introduction
Table 94. RED Paddle Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 95. RED Paddle Strategic initiatives
Table 97. EXOCET- ORIGINAL Profiles
Table 98. EXOCET- ORIGINAL Stand Up Paddle Board (SUP) Product Introduction
Table 99. EXOCET- ORIGINAL Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 100. EXOCET- ORIGINAL Strategic initiatives
Table 101. Coreban Profiles
Table 102. Coreban Stand Up Paddle Board (SUP) Product Introduction
Table 103. Coreban Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 104. Coreban Strategic initiatives
Table 105. NRS Profiles
Table 106. NRS Stand Up Paddle Board (SUP) Product Introduction
Table 107. NRS Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 108. NRS Strategic initiatives
Table 109. F-one SUP Profiles
Table 110. F-one SUP Stand Up Paddle Board (SUP) Product Introduction
Table 111. F-one SUP Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 112. F-one SUP Strategic initiatives
Table 113. Clear Blue Hawaii Profiles
Table 114. Clear Blue Hawaii Stand Up Paddle Board (SUP) Product Introduction
Table 115. Clear Blue Hawaii Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 116. Clear Blue Hawaii Strategic initiatives
Table 117. SlingShot Profiles
Table 118. SlingShot Stand Up Paddle Board (SUP) Product Introduction
Table 119. SlingShot Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 120. SlingShot Strategic initiatives
Table 121. Hobie. Profiles
Table 122. Hobie. Stand Up Paddle Board (SUP) Product Introduction
Table 123. Hobie. Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 124. Hobie. Strategic initiatives
Table 125. Laird StandUp Profiles
Table 126. Laird StandUp Stand Up Paddle Board (SUP) Product Introduction
Table 127. Laird StandUp Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 128. Laird StandUp Strategic initiatives
Table 129. Sea Eagle Profiles
Table 130. Sea Eagle Stand Up Paddle Board (SUP) Product Introduction
Table 131. Sea Eagle Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 132. Sea Eagle Strategic initiatives
Table 133. Airhead Profiles
Table 134. Airhead Stand Up Paddle Board (SUP) Product Introduction
Table 135. Airhead Stand Up Paddle Board (SUP) Production (Unit), Revenue (Million USD) (2019-2023)
Table 136. Airhead Strategic initiatives
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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