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 Citronella Oil Market Segment Research Report 2023》, which aims to sort out the development status and trends of the Citronella Oil industry at home and abroad, estimate the overall market scale of the Citronella Oil industry and the market share of major countries, Citronella Oil industry, and study and judge the downstream market demand of Citronella Oil through systematic research, Analyze the competition pattern of Citronella Oil, so as to help solve the pain points of various stakeholders in Citronella Oil 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, 2019-2029) of Citronella Oil Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Citronella Oil Market?
Anhui Great Nation Essential Oils Co., Ltd.
Jiangxi Hengcheng Natural Flavor Oil Co., Ltd
Nanchang Yang Pu Natural Essence & Spice Co.
EOAS
Van Aroma
Yunnan Aroma Source Manufacturing Co.,Ltd
Yunnan Tian Lake Essential Oil Company Ltd
Karimun Kencana Aromatics
Manohar Botanical Extracts Pvt. Ltd
Reho Natural Ingredients
VIETNAM ESSENTIAL OIL. JSC
The Essential Oil Company
Phoenix Herb Company
Kanta Group
Bhoomi
Aromatic & Allied Chemicals
Jiangxi Kang Shengtang Pharmaceutical Co., Ltd
Major Type of Citronella Oil Covered in VIC Research report:
Ceylon
Java
Application Segments Covered in VIC Research Market
Food & Drink
Daily Chemical Product
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Citronella Oil Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Citronella Oil Market by Value
2.2.1 Global Citronella Oil Revenue by Type
2.2.2 Global Citronella Oil Market by Value (%)
2.3 Global Citronella Oil Market by Production
2.3.1 Global Citronella Oil Production by Type
2.3.2 Global Citronella Oil Market by Production (%)
3. The Major Driver of Citronella Oil Industry
3.1 Historical & Forecast Global Citronella Oil Demand
3.2 Largest Application for Citronella Oil (2019-2029)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional Citronella Oil 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 Citronella Oil Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Citronella Oil Production, Revenue (2019-2029)
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 (2019-2029)
5.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
6. Europe Citronella Oil Production, Revenue (2019-2029)
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 (2019-2029)
6.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
7. China Citronella Oil Production, Revenue (2019-2029)
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 (2019-2029)
7.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
8. Japan Citronella Oil Production, Revenue (2019-2029)
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 (2019-2029)
8.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
9. India Citronella Oil Production, Revenue (2019-2029)
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 (2019-2029)
9.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
10. Korea Citronella Oil Production, Revenue (2019-2029)
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 (2019-2029)
10.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
11. Southeast Asia Citronella Oil Production, Revenue (2019-2029)
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 (2019-2029)
11.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
12. Global Citronella Oil Average Price Trend
12.1 Market Price for Each Type of Citronella Oil in US (2019-2023)
12.2 Market Price for Each Type of Citronella Oil in Europe (2019-2023)
12.3 Market Price for Each Type of Citronella Oil in China (2019-2023)
12.4 Market Price for Each Type of Citronella Oil in Japan (2019-2023)
12.5 Market Price for Each Type of Citronella Oil in India (2019-2023)
12.6 Market Price for Each Type of Citronella Oil in Korea (2019-2023)
12.7 Market Price for Each Type of Citronella Oil in Southeast Asia (2019-2023)
13. Industrial Chain (Impact of COVID-19)
13.1 Citronella Oil Industrial Chain Analysis
13.2 Downstream
13.3 Impact of COVID-19
13.4 Post-pandemic Era
13.5 Technology Trends of Citronella Oil
14. Citronella Oil Competitive Landscape
14.1 Anhui Great Nation Essential Oils Co., Ltd.
14.1.1 Anhui Great Nation Essential Oils Co., Ltd. Company Profiles
14.1.2 Anhui Great Nation Essential Oils Co., Ltd. Product Introduction
14.1.3 Anhui Great Nation Essential Oils Co., Ltd. Citronella Oil Production, Revenue (2019-2023)
14.1.4 Strategic initiatives
14.2 Jiangxi Hengcheng Natural Flavor Oil Co., Ltd
14.2.1 Jiangxi Hengcheng Natural Flavor Oil Co., Ltd Company Profiles
14.2.2 Jiangxi Hengcheng Natural Flavor Oil Co., Ltd Product Introduction
14.2.3 Jiangxi Hengcheng Natural Flavor Oil Co., Ltd Citronella Oil Production, Revenue (2019-2023)
14.2.4 Strategic initiatives
14.3 Nanchang Yang Pu Natural Essence & Spice Co.
14.3.1 Nanchang Yang Pu Natural Essence & Spice Co. Company Profiles
14.3.2 Nanchang Yang Pu Natural Essence & Spice Co. Product Introduction
14.3.3 Nanchang Yang Pu Natural Essence & Spice Co. Citronella Oil Production, Revenue (2019-2023)
14.3.4 Strategic initiatives
14.4 EOAS
14.4.1 EOAS Company Profiles
14.4.2 EOAS Product Introduction
14.4.3 EOAS Citronella Oil Production, Revenue (2019-2023)
14.4.4 Strategic initiatives
14.5 Van Aroma
14.5.1 Van Aroma Company Profiles
14.5.2 Van Aroma Product Introduction
14.5.3 Van Aroma Citronella Oil Production, Revenue (2019-2023)
14.5.4 Strategic initiatives
14.6 Yunnan Aroma Source Manufacturing Co.,Ltd
14.6.1 Yunnan Aroma Source Manufacturing Co.,Ltd Company Profiles
14.6.2 Yunnan Aroma Source Manufacturing Co.,Ltd Product Introduction
14.6.3 Yunnan Aroma Source Manufacturing Co.,Ltd Citronella Oil Production, Revenue (2019-2023)
14.6.4 Strategic initiatives
14.7 Yunnan Tian Lake Essential Oil Company Ltd
14.7.1 Yunnan Tian Lake Essential Oil Company Ltd Company Profiles
14.7.2 Yunnan Tian Lake Essential Oil Company Ltd Product Introduction
14.7.3 Yunnan Tian Lake Essential Oil Company Ltd Citronella Oil Production, Revenue (2019-2023)
14.7.4 Strategic initiatives
14.8 Karimun Kencana Aromatics
14.8.1 Karimun Kencana Aromatics Company Profiles
14.8.2 Karimun Kencana Aromatics Product Introduction
14.8.3 Karimun Kencana Aromatics Citronella Oil Production, Revenue (2019-2023)
14.8.4 Strategic initiatives
14.9 Manohar Botanical Extracts Pvt. Ltd
14.9.1 Manohar Botanical Extracts Pvt. Ltd Company Profiles
14.9.2 Manohar Botanical Extracts Pvt. Ltd Product Introduction
14.9.3 Manohar Botanical Extracts Pvt. Ltd Citronella Oil Production, Revenue (2019-2023)
14.9.4 Strategic initiatives
14.10 Reho Natural Ingredients
14.10.1 Reho Natural Ingredients Company Profiles
14.10.2 Reho Natural Ingredients Product Introduction
14.10.3 Reho Natural Ingredients Citronella Oil Production, Revenue (2019-2023)
14.10.4 Strategic initiatives
14.11 VIETNAM ESSENTIAL OIL. JSC
14.12 The Essential Oil Company
14.13 Phoenix Herb Company
14.14 Kanta Group
14.15 Bhoomi
14.16 Aromatic & Allied Chemicals
14.17 Jiangxi Kang Shengtang Pharmaceutical Co., Ltd
15. Conclusion
16. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Demand by Application of Citronella Oil Industry (Volume)
Figure 2. Citronella Oil 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 Citronella Oil Revenue in 2023
Figure 5. US Citronella Oil Production, Demand (2019-2029)
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 Citronella Oil Production, Demand (2019-2029)
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 Citronella Oil Production, Demand (2019-2029)
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 Citronella Oil Production, Demand (2019-2029)
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 Citronella Oil Production, Demand (2019-2029)
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 Citronella Oil Production, Demand (2019-2029)
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 Citronella Oil Production, Demand (2019-2029)
Figure 43. Current and Estimated Production Breakdown by Type (2019-2029)
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. Citronella Oil Revenue, by Type (Million USD) (2019-2029)
Table 4. Citronella Oil Production, by Type (K Unit) (2019-2029)
Table 5. Citronella Oil Demand (K Unit) by Application (2019-2029)
Table 6. Citronella Oil Demand (Million USD) by Application (2019-2029)
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 Citronella Oil Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US Citronella Oil Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 13. Current and Estimated Production Breakdown by Type (2019-2029)
Table 14. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 15. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 16. Current and Estimated Revenue Breakdown by Type
Table 17. Current and Estimated Revenue Breakdown by Application
Table 18. Europe Citronella Oil Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 19. Current and Estimated Production Breakdown by Type (2019-2029)
Table 20. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 21. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 22. Current and Estimated Revenue Breakdown by Type
Table 23. Current and Estimated Revenue Breakdown by Application
Table 24. China Citronella Oil Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
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 Citronella Oil Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 30. Current and Estimated Production Breakdown by Type (2019-2029)
Table 31. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 32. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 33. Current and Estimated Revenue Breakdown by Type
Table 34. Current and Estimated Revenue Breakdown by Application
Table 35. India Citronella Oil Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 36. Current and Estimated Production Breakdown by Type (2019-2029)
Table 37. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 38. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 39. Current and Estimated Revenue Breakdown by Type
Table 40. Current and Estimated Revenue Breakdown by Application
Table 41. Korea Citronella Oil Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 42. Current and Estimated Production Breakdown by Type (2019-2029)
Table 43. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 44. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 45. Current and Estimated Revenue Breakdown by Type
Table 46. Current and Estimated Revenue Breakdown by Application
Table 47. Southeast Asia Citronella Oil Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 48. Table Current and Estimated Demand Breakdown by Type (2019-2029)
Table 49. Current and Estimated Demand Breakdown by Application (2019-2029)
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 Citronella Oil in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of Citronella Oil in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of Citronella Oil in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of Citronella Oil in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of Citronella Oil in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of Citronella Oil in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of Citronella Oil in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. Anhui Great Nation Essential Oils Co., Ltd. Profiles
Table 61. Anhui Great Nation Essential Oils Co., Ltd. Citronella Oil Product Introduction
Table 62. Anhui Great Nation Essential Oils Co., Ltd. Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 63. Anhui Great Nation Essential Oils Co., Ltd. Strategic initiatives
Table 64. Jiangxi Hengcheng Natural Flavor Oil Co., Ltd Profiles
Table 65. Jiangxi Hengcheng Natural Flavor Oil Co., Ltd Citronella Oil Product Introduction
Table 66. Jiangxi Hengcheng Natural Flavor Oil Co., Ltd Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 67. Jiangxi Hengcheng Natural Flavor Oil Co., Ltd Strategic initiatives
Table 68. Nanchang Yang Pu Natural Essence & Spice Co. Profiles
Table 69. Nanchang Yang Pu Natural Essence & Spice Co. Citronella Oil Product Introduction
Table 70. Nanchang Yang Pu Natural Essence & Spice Co. Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 71. Nanchang Yang Pu Natural Essence & Spice Co. Strategic initiatives
Table 72. EOAS Profiles
Table 73. EOAS Citronella Oil Product Introduction
Table 74. EOAS Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 75. EOAS Strategic initiatives
Table 76. Van Aroma Profiles
Table 77. Van Aroma Citronella Oil Product Introduction
Table 78. Van Aroma Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 79. Van Aroma Strategic initiatives
Table 80. Yunnan Aroma Source Manufacturing Co.,Ltd Profiles
Table 81. Yunnan Aroma Source Manufacturing Co.,Ltd Citronella Oil Product Introduction
Table 82. Yunnan Aroma Source Manufacturing Co.,Ltd Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 83. Yunnan Aroma Source Manufacturing Co.,Ltd Strategic initiatives
Table 84. Yunnan Tian Lake Essential Oil Company Ltd Profiles
Table 85. Yunnan Tian Lake Essential Oil Company Ltd Citronella Oil Product Introduction
Table 86. Yunnan Tian Lake Essential Oil Company Ltd Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 87. Yunnan Tian Lake Essential Oil Company Ltd Strategic initiatives
Table 88. Karimun Kencana Aromatics Profiles
Table 89. Karimun Kencana Aromatics Citronella Oil Product Introduction
Table 90. Karimun Kencana Aromatics Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 91. Karimun Kencana Aromatics Strategic initiatives
Table 92. Manohar Botanical Extracts Pvt. Ltd Profiles
Table 93. Manohar Botanical Extracts Pvt. Ltd Citronella Oil Product Introduction
Table 94. Manohar Botanical Extracts Pvt. Ltd Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 95. Manohar Botanical Extracts Pvt. Ltd Strategic initiatives
Table 97. Reho Natural Ingredients Profiles
Table 98. Reho Natural Ingredients Citronella Oil Product Introduction
Table 99. Reho Natural Ingredients Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 100. Reho Natural Ingredients Strategic initiatives
Table 101. VIETNAM ESSENTIAL OIL. JSC Profiles
Table 102. VIETNAM ESSENTIAL OIL. JSC Citronella Oil Product Introduction
Table 103. VIETNAM ESSENTIAL OIL. JSC Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 104. VIETNAM ESSENTIAL OIL. JSC Strategic initiatives
Table 105. The Essential Oil Company Profiles
Table 106. The Essential Oil Company Citronella Oil Product Introduction
Table 107. The Essential Oil Company Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 108. The Essential Oil Company Strategic initiatives
Table 109. Phoenix Herb Company Profiles
Table 110. Phoenix Herb Company Citronella Oil Product Introduction
Table 111. Phoenix Herb Company Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 112. Phoenix Herb Company Strategic initiatives
Table 113. Kanta Group Profiles
Table 114. Kanta Group Citronella Oil Product Introduction
Table 115. Kanta Group Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 116. Kanta Group Strategic initiatives
Table 117. Bhoomi Profiles
Table 118. Bhoomi Citronella Oil Product Introduction
Table 119. Bhoomi Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 120. Bhoomi Strategic initiatives
Table 121. Aromatic & Allied Chemicals Profiles
Table 122. Aromatic & Allied Chemicals Citronella Oil Product Introduction
Table 123. Aromatic & Allied Chemicals Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 124. Aromatic & Allied Chemicals Strategic initiatives
Table 125. Jiangxi Kang Shengtang Pharmaceutical Co., Ltd Profiles
Table 126. Jiangxi Kang Shengtang Pharmaceutical Co., Ltd Citronella Oil Product Introduction
Table 127. Jiangxi Kang Shengtang Pharmaceutical Co., Ltd Citronella Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 128. Jiangxi Kang Shengtang Pharmaceutical Co., Ltd 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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