Maternity Pillow Market

Maternity Pillow Market Size by Product (U-shaped, C-shaped, J-shaped, Wedges), Material (Memory Foam, Styrofoam Ball, Polyester Fiber, Microbeads, Buckwheat), Distribution Channel (Supermarkets & Hypermarkets, Online, Hospital & Pharmacy), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2022 to 2030

Base Year: 2021 Historical Data: 2019-20
  • Report ID: TBI-13146
  • Published Date: Dec, 2022
  • Pages: 234
  • Category: Consumer Goods
  • Format: PDF
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The maternity pillow market was valued at USD 564.5 billion in 2021 and is expected to reach USD 885.6 billion by 2030, expanding at a CAGR of 5.0% from 2022 to 2030. Avoiding uncomfortable sleeping positions and any risk related to pregnancy due to wrong sleeping positions is driving the demand for maternity pillows. Further, growing awareness among consumers is also expected to propel market growth.

A maternity pillow is designed to support the changing contours and curves of the body during pregnancy. As they provide support to the entire body, they are longer compared to conventional pillows used for resting heads. Besides offering peaceful sleep, these pillows also help in enhancing blood circulation, which is crucial during pregnancy. The usage of maternity pillows can be started whenever a pregnant woman feels uncomfortable while sleeping. However, at around 20 weeks of pregnancy belly starts expanding, causing pain and discomfort, thus, it is a good time to start using a maternity pillow.

A maternity pillow might seem insignificant in comparison to other pregnancy needs such as dietary supplements. However, it is an essential accessory that provides comfort and support if chosen correctly. According to doctors’ recommendations, U-shaped pillows are the best pillow in case twins are expected, as larger pillows offer better support to the expectant mother. The cost of maternity pillows can range from USD 30 to USD 350, depending on the material.

Maternity Pillow Market Size

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Increasing demand for convenience products during pregnancy and growing awareness about the benefits of these pillows is driving market growth. Moreover, the increasing incidence of restless leg syndrome among pregnant women is also driving the market growth. RLS is a common syndrome, which increases during the night and makes it difficult to fall asleep. Using a maternity pillow can help to avoid RLS to some extent.

Product Insights

Based on shape, the market has been segmented into C-shaped, U-shaped, J-shaped, wedges, and others. The C-shaped maternity pillow held the largest market share in 2021. This type of pillow is almost a full-length body pillow that supports the belly, legs, knees, and spine. This type of pillow also can be used in multiple ways as it is open on one side, which is driving the growth of this segment.

The U-shaped is anticipated to register the highest growth during the forecast period. These pillows are recommended for women looking for overall support for the body. It is most useful for women, who like to sleep on their backs but are not able to do so during pregnancy. Wedge pillow supports a specific area of the abdomen and prevents tumbling during sleep. Further, these are much smaller in size as compared to C and U-shaped pillows and require very little space in the bed.

Material Insights

By material, the market has been segmented into polyester fiber, memory foam, styrofoam ball, microbeads, buckwheat, and others. Among these, polyester fiber held the largest market share in 2021. The easy availability of polyester fiber across the world is the major factor driving the demand for this material. Polyester fiber is soft, lightweight, and versatile, thus, is used for filling maternity pillows. However, as it tends to absorb dust, women suffering from allergies should not buy a pillow of this material.

The demand for buckwheat-filled pillows is expected to grow in the coming years as pillows made with buckwheat are organic and decrease the risk of allergies. Furthermore, these are much more durable as compared to other materials. Memory foam segmented accounted for a significant share in 2021 as memory foam pillows reduce body aches as these are firm and easily take the shape of the body, which is expected to propel its demand during the forecast period.

Distribution Channel Insights

The online distribution channel is anticipated to register the fastest growth during the forecast period. The wide availability of maternity pillows on e-commerce platforms such as Amazon, Flipkart, and others has been driving sales through this channel. Increasing adoption of online shopping especially among millennials and the young generation due to the high level of convenience is expected to boost the demand through this channel. Women can easily compare characteristics and reviews of different pillows before making any decision.

The supermarkets & hypermarkets held the largest market share in 2021. Most consumers prefer to check and hold the product before buying it, which is driving the sale through this channel. Further, customer support services provided at these stores to help consumers in making a purchase decision also propel consumers to buy from such stores. Some of the popular brands that are available in supermarkets & hypermarkets include PharMeDoc, Momcozy, Allswell, SHANNA, Boppy Cuddle, and Leachco.

Regional Insights

North America led the market, with a share of more than 30% in 2021. The growth is driven by increased awareness about the maternity pillow and high spending power. Americans pay more attention to health during pregnancy, which has increased the sale of maternity pillows in the US. PharMeDoc is one of the most popular maternity pillows in the region. It is made with 100% organic cotton and doesn’t irritate skin and is available in a different range of colors.

The demand for maternity pillows has been increasing in the Asia Pacific region owing to increasing awareness through social media and magazine articles. Further, increasing focus on health during pregnancy is also driving the market. Complicated pregnancy and risk of stillbirth has prompted people to focus more on maternal health, which could propel the market demand in countries like India, China, and South Korea.

Key Companies

  • PharMeDoc
  • Babymoov
  • COYUCHI
  • Momcozy
  • Mocer LLC (Bamibi)
  • Boppy
  • Queen Rose
  • Pregnancy Pillow, LLC
  • Cozy Bump Corporation
  • Medela AG
  • Quilt Comfort
  • Theraline UK

Segments Covered in the Report

  • Product
    • U-shaped
    • C-shaped
    • J-shaped
    • Wedges
    • Others
  • Material
    • Memory Foam
    • Styrofoam Ball
    • Polyester Fiber
    • Microbeads
    • Buckwheat
    • Others
  • Distribution Channel
    • Supermarkets & Hypermarkets
    • Online
    • Hospital & Pharmacy
    • Others
  • Regional
    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Central and South America
      • Brazil
    • Middle East and Africa
      • South Africa
      • UAE

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience

2. Research Methodology and Assumptions

3. Executive Summary

4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis by Product
          4.3.2. Market Attractiveness Analysis by Material
          4.3.3. Market Attractiveness Analysis by Distribution Channel
          4.3.4. Market Attractiveness Analysis by Region
    4.4. Industry Trends

5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Increasing demand for convenience products during pregnancy
    5.3. Restraints
          5.3.1. High cost of the product
    5.4. Opportunities
          5.4.1. Growing awareness among consumers

6. Global Maternity Pillow Market Analysis and Forecast, By Product
    6.1. Segment Overview
    6.2. U-shaped
    6.3. C-shaped
    6.4. J-shaped
    6.5. Wedges
    6.6. Others

7. Global Maternity Pillow Market Analysis and Forecast, By Material
    7.1. Segment Overview
    7.2. Memory Foam
    7.3. Styrofoam Ball
    7.4. Polyester Fiber
    7.5. Microbeads
    7.6. Buckwheat
    7.7. Others

8. Global Maternity Pillow Market Analysis and Forecast, By Distribution Channel
    8.1. Segment Overview
    8.2. Supermarkets & Hypermarkets
    8.3. Online
    8.4. Hospital & Pharmacy
    8.5. Others

9. Global Maternity Pillow Market Analysis and Forecast, By Regional Analysis
    9.1. Segment Overview
    9.2. North America
          9.2.1. U.S.
          9.2.2. Canada
          9.2.3. Mexico
    9.3. Europe
          9.3.1. Germany
          9.3.2. France
          9.3.3. U.K.
          9.3.4. Italy
          9.3.5. Spain
    9.4. Asia-Pacific
          9.4.1. Japan
          9.4.2. China
          9.4.3. India
    9.5. South America
          9.5.1. Brazil
    9.6. Middle East and Africa
          9.6.1. UAE
          9.6.2. South Africa

10. Global Maternity Pillow Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in the Maternity Pillow Market
          10.2.1. Global Company Market Share
          10.2.2. North America Company Market Share
          10.2.3. Europe Company Market Share
          10.2.4. APAC Company Market Share
    10.3. Competitive Situations and Trends
          10.3.1. Product Launches and Developments
          10.3.2. Partnerships, Collaborations, and Agreements
          10.3.3. Mergers & Acquisitions
          10.3.4. Expansions

11. Company Profiles
    11.1. PharMeDoc
          11.1.1. Business Overview
          11.1.2. Company Snapshot
          11.1.3. Company Market Share Analysis
          11.1.4. Company Product Portfolio
          11.1.5. Recent Developments
          11.1.6. SWOT Analysis
    11.2. Babymoov
          11.2.1. Business Overview
          11.2.2. Company Snapshot
          11.2.3. Company Market Share Analysis
          11.2.4. Company Product Portfolio
          11.2.5. Recent Developments
          11.2.6. SWOT Analysis
    11.3. COYUCHI
          11.3.1. Business Overview
          11.3.2. Company Snapshot
          11.3.3. Company Market Share Analysis
          11.3.4. Company Product Portfolio
          11.3.5. Recent Developments
          11.3.6. SWOT Analysis
    11.4. Momcozy
          11.4.1. Business Overview
          11.4.2. Company Snapshot
          11.4.3. Company Market Share Analysis
          11.4.4. Company Product Portfolio
          11.4.5. Recent Developments
          11.4.6. SWOT Analysis
    11.5. Mocer LLC (Bamibi)
          11.5.1. Business Overview
          11.5.2. Company Snapshot
          11.5.3. Company Market Share Analysis
          11.5.4. Company Product Portfolio
          11.5.5. Recent Developments
          11.5.6. SWOT Analysis
    11.6. Boppy
          11.6.1. Business Overview
          11.6.2. Company Snapshot
          11.6.3. Company Market Share Analysis
          11.6.4. Company Product Portfolio
          11.6.5. Recent Developments
          11.6.6. SWOT Analysis
    11.7. Queen Rose
          11.7.1. Business Overview
          11.7.2. Company Snapshot
          11.7.3. Company Market Share Analysis
          11.7.4. Company Product Portfolio
          11.7.5. Recent Developments
          11.7.6. SWOT Analysis
    11.8. Pregnancy Pillow, LLC
          11.8.1. Business Overview
          11.8.2. Company Snapshot
          11.8.3. Company Market Share Analysis
          11.8.4. Company Product Portfolio
          11.8.5. Recent Developments
          11.8.6. SWOT Analysis
    11.9. Cozy Bump Corporation
          11.9.1. Business Overview
          11.9.2. Company Snapshot
          11.9.3. Company Market Share Analysis
          11.9.4. Company Product Portfolio
          11.9.5. Recent Developments
          11.9.6. SWOT Analysis
    11.10. Medela AG
          11.10.1. Business Overview
          11.10.2. Company Snapshot
          11.10.3. Company Market Share Analysis
          11.10.4. Company Product Portfolio
          11.10.5. Recent Developments
          11.10.6. SWOT Analysis
    11.11. Quilt Comfort
          11.11.1. Business Overview
          11.11.2. Company Snapshot
          11.11.3. Company Market Share Analysis
          11.11.4. Company Product Portfolio
          11.11.5. Recent Developments
          11.11.6. SWOT Analysis
    11.12. Theraline UK
          11.12.1. Business Overview
          11.12.2. Company Snapshot
          11.12.3. Company Market Share Analysis
          11.12.4. Company Product Portfolio
          11.12.5. Recent Developments
          11.12.6. SWOT Analysis
 

List of Table

1. Global Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

2. Global U-shaped Maternity Pillow Market, By Region, 2019-2030 (USD Billion) 

3. Global C-shaped Maternity Pillow Market, By Region, 2019-2030 (USD Billion) 

4. Global J-shaped Maternity Pillow Market, By Region, 2019-2030 (USD Billion) 

5. Global Wedges Maternity Pillow Market, By Region, 2019-2030 (USD Billion) 

6. Global Others Maternity Pillow Market, By Region, 2019-2030 (USD Billion) 

7. Global Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

8. Global Memory Foam Maternity Pillow Market, By Region, 2019-2030 (USD Billion) 

9. Global Styrofoam Ball Maternity Pillow Market, By Region, 2019-2030 (USD Billion) 

10. Global Polyester Fiber Maternity Pillow Market, By Region, 2019-2030 (USD Billion) 

11. Global Microbeads Maternity Pillow Market, By Region, 2019-2030 (USD Billion) 

12. Global Buckwheat Maternity Pillow Market, By Region, 2019-2030 (USD Billion) 

13. Global Others Maternity Pillow Market, By Region, 2019-2030 (USD Billion) 

14. Global Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

15. Global Supermarkets & Hypermarkets Maternity Pillow Market, By Region, 2019-2030 (USD Billion) 

16. Global Online Maternity Pillow Market, By Region, 2019-2030 (USD Billion) 

17. Global Hospital & Pharmacy Maternity Pillow Market, By Region, 2019-2030 (USD Billion) 

18. Global Others Maternity Pillow Market, By Region, 2019-2030 (USD Billion) 

19. Global Maternity Pillow Market, By Region, 2019-2030 (USD Billion) 

20. North America Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

21. North America Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

22. North America Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

23. U.S. Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

24. U.S. Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

25. U.S. Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

26. Canada Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

27. Canada Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

28. Canada Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

29. Mexico Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

30. Mexico Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

31. Mexico Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

32. Europe Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

33. Europe Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

34. Europe Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

35. Germany Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

36. Germany Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

37. Germany Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

38. France Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

39. France Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

40. France Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

41. U.K. Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

42. U.K. Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

43. U.K. Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

44. Italy Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

45. Italy Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

46. Italy Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

47. Spain Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

48. Spain Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

49. Spain Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

50. Asia Pacific Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

51. Asia Pacific Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

52. Asia Pacific Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

53. Japan Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

54. Japan Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

55. Japan Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

56. China Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

57. China Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

58. China Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

59. India Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

60. India Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

61. India Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

62. South America Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

63. South America Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

64. South America Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

65. Brazil Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

66. Brazil Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

67. Brazil Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

68. Middle East and Africa Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

69. Middle East and Africa Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

70. Middle East and Africa Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

71. UAE Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

72. UAE Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

73. UAE Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

74. South Africa Maternity Pillow Market, By Product, 2019-2030 (USD Billion) 

75. South Africa Maternity Pillow Market, By Material, 2019-2030 (USD Billion) 

76. South Africa Maternity Pillow Market, By Distribution Channel, 2019-2030 (USD Billion) 

List of Figures 

1. Global Maternity Pillow Market Segmentation

2. Maternity Pillow Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Maternity Pillow Market Attractiveness Analysis by Product

9. Global Maternity Pillow Market Attractiveness Analysis by Material

10. Global Maternity Pillow Market Attractiveness Analysis by Distribution Channel

11. Global Maternity Pillow Market Attractiveness Analysis by Region

12. Global Maternity Pillow Market: Dynamics

13. Global Maternity Pillow Market Share by Product (2022 & 2030)

14. Global Maternity Pillow Market Share by Material (2022 & 2030)

15. Global Maternity Pillow Market Share by Distribution Channel (2022 & 2030)

16. Global Maternity Pillow Market Share by Regions (2022 & 2030)

17. Global Maternity Pillow Market Share by Company (2021)

Segments Covered in the Report

  • Product
    • U-shaped
    • C-shaped
    • J-shaped
    • Wedges
    • Others
  • Material
    • Memory Foam
    • Styrofoam Ball
    • Polyester Fiber
    • Microbeads
    • Buckwheat
    • Others
  • Distribution Channel
    • Supermarkets & Hypermarkets
    • Online
    • Hospital & Pharmacy
    • Others
  • Regional
    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Central and South America
      • Brazil
    • Middle East and Africa
      • South Africa
      • UAE

Methodology

Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

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