Key Insights
The North American perms and relaxants market, valued at approximately $XX million in 2025, is projected to experience steady growth with a Compound Annual Growth Rate (CAGR) of 4.11% from 2025 to 2033. This growth is fueled by several key drivers. The increasing demand for convenient and effective hair styling solutions among younger demographics, coupled with rising disposable incomes and a growing awareness of hair care products, is significantly boosting market expansion. Furthermore, the ongoing innovation within the industry, leading to the development of gentler, less damaging formulas and a wider array of product options catering to diverse hair types and textures, contributes to market expansion. The shift towards online retail channels further accelerates market growth, providing consumers with easier access to products and enhancing overall convenience. However, potential restraints include growing consumer concerns regarding the chemical composition of perms and relaxants and their potential long-term effects on hair health. This awareness has led some consumers to opt for natural alternatives, thus posing a challenge to market growth. The market is segmented by product type (perms and relaxants) and distribution channel (supermarkets/hypermarkets, convenience stores, specialist retailers, online stores, and other channels), offering diverse avenues for market players. Major players like L'Oréal S.A., Procter & Gamble, and Henkel AG & Co. KGaA dominate the market through established brand recognition, extensive distribution networks, and robust R&D capabilities.
The North American market presents significant opportunities, especially in specialized product lines catering to niche consumer needs like organic or naturally-derived formulas addressing growing health and environmental consciousness. Competitive strategies focused on sustainable packaging, transparent ingredient labeling, and effective marketing highlighting product benefits relative to potential risks will be key to success. Market growth will likely be most pronounced in the online distribution channel given its steadily increasing market penetration and the evolving consumer preference for online shopping. Regional variations within North America are expected, with the United States representing the largest market segment followed by Canada and Mexico. The growth in the Rest of North America segment will likely be influenced by broader economic development and changes in consumer purchasing power and preferences in that region. Continuous monitoring of evolving consumer preferences and technological advancements will be crucial for sustained success in this dynamic market.

Unlock Growth Potential: North America Perms and Relaxants Market Report (2019-2033)
This comprehensive report delivers in-depth analysis of the North America perms and relaxants market, offering invaluable insights for stakeholders across the value chain. With a study period spanning 2019-2033, a base year of 2025, and a forecast period from 2025-2033, this report provides a holistic view of past performance, current dynamics, and future growth trajectories. The market's size is estimated at xx Million in 2025, showcasing significant growth potential. Key segments analyzed include perms and relaxants, categorized by distribution channels such as supermarkets/hypermarkets, convenience stores, specialist retailers, online stores, and other channels. Leading players like Kadus Professionals, Jotoco Corp, Henkel AG & Co KGaA, L'Oreal S.A., Coty Inc, Makarizo International, and Procter & Gamble Co. (list not exhaustive) are profiled, providing competitive intelligence.
North America Perms and Relaxants Market Market Concentration & Dynamics
The North America perms and relaxants market exhibits a moderately concentrated landscape, with a few major players holding significant market share. However, the presence of numerous smaller companies and emerging brands indicates a dynamic competitive environment. The market's innovation ecosystem is characterized by ongoing product development, focusing on improved formulations, natural ingredients, and gentler processing techniques. Regulatory frameworks, particularly those related to ingredient safety and labeling, significantly influence market dynamics. Substitute products, such as hair styling products and extensions, pose a competitive challenge, although the demand for permanent hair alteration remains robust. End-user trends are shifting towards more natural and less damaging hair treatments, driving the adoption of gentler formulations and emphasizing aftercare solutions. The market has witnessed a moderate number of M&A activities (xx deals in the last 5 years), primarily driven by larger companies seeking to expand their product portfolios and market reach.
- Market Share: Top 5 players hold approximately xx% of the market share in 2025.
- M&A Activity: xx mergers and acquisitions recorded between 2020 and 2025.
- Innovation Focus: Natural ingredients, gentler formulations, and improved application technologies are key innovation areas.
- Regulatory Landscape: Stringent safety and labeling regulations impact product development and market entry.
North America Perms and Relaxants Market Industry Insights & Trends
The North America perms and relaxants market is experiencing steady growth, driven primarily by increasing consumer demand for hair styling and alteration services. The market size is projected to reach xx Million by 2033, exhibiting a Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033). Several factors fuel this growth, including rising disposable incomes, changing fashion trends that embrace diverse hairstyles, and increasing awareness of salon treatments. Technological advancements in hair care formulations contribute to safer and more effective products. Evolving consumer behaviors, favoring natural and organic ingredients, are significantly influencing product development and marketing strategies. Concerns about hair damage, however, continue to drive demand for gentler products and aftercare solutions. The market is also adapting to the rise of e-commerce and the increasing popularity of direct-to-consumer sales channels.

Key Markets & Segments Leading North America Perms and Relaxants Market
The United States dominates the North American perms and relaxants market, owing to its large and diverse population, higher disposable incomes, and established salon culture. Within product types, perms hold a slightly larger market share than relaxants, though both segments exhibit significant growth. The distribution channel analysis reveals that supermarkets/hypermarkets hold the largest share, attributed to convenient accessibility and widespread availability. However, specialist retailers are experiencing faster growth, driven by their focus on professional-grade products and personalized customer service.
- Dominant Region: United States
- Dominant Product Type: Perms (slightly higher market share than relaxants)
- Dominant Distribution Channel: Supermarkets/Hypermarkets (highest market share, while specialist retailers show the fastest growth)
Drivers for Dominance:
- United States: High disposable incomes, large population, established salon culture, and high spending on personal care products.
- Supermarkets/Hypermarkets: Wide availability, convenience, and competitive pricing.
- Specialist Retailers: Focus on professional-grade products, expert advice, and personalized services.
North America Perms and Relaxants Market Product Developments
Recent product innovations focus on minimizing hair damage during the chemical processing. Formulations incorporating natural ingredients, advanced conditioning agents, and less harsh chemicals are gaining popularity. These advancements cater to the growing consumer demand for healthier hair treatments. Companies are also emphasizing customized solutions tailored to diverse hair types and textures, aiming to enhance the effectiveness and safety of perms and relaxants. These innovations offer competitive advantages by improving customer satisfaction and building brand loyalty.
Challenges in the North America Perms and Relaxants Market Market
The North America perms and relaxants market faces several challenges, including stringent regulatory requirements for chemical composition and labeling. Supply chain disruptions due to raw material sourcing and geopolitical factors can affect production costs and availability. Intense competition from existing players and the emergence of new brands exerts pressure on pricing and market share. These factors combined can significantly impact profitability and market growth. For example, increased regulatory scrutiny has led to a xx% increase in product development costs for certain companies.
Forces Driving North America Perms and Relaxants Market Growth
Several factors contribute to the market's growth. Technological advancements, resulting in safer and more effective formulations, boost consumer confidence and adoption. Rising disposable incomes and a heightened focus on personal appearance fuel consumer spending on hair care products. Favorable regulatory environments, promoting innovation and product development, further stimulate growth.
Challenges in the North America Perms and Relaxants Market Market
Long-term growth hinges on sustained innovation in formulation technology, leading to products that minimize hair damage and enhance results. Strategic partnerships between manufacturers and salon professionals can expand market reach and enhance consumer awareness. Expansion into emerging markets and diversification into related products can further support long-term growth.
Emerging Opportunities in North America Perms and Relaxants Market
The growing popularity of at-home hair treatments presents a significant opportunity for companies offering convenient and user-friendly products. The increasing demand for sustainable and ethically sourced ingredients opens avenues for brands emphasizing eco-friendly and cruelty-free options. Targeting niche consumer segments, such as those with specific hair types or concerns, can also unlock considerable market potential.
Leading Players in the North America Perms and Relaxants Market Sector
- Henkel AG & Co KGaA
- L'Oreal S.A.
- Coty Inc
- Procter & Gamble Co
- Makarizo International
- Jotoco Corp
- Kadus Professionals
Key Milestones in North America Perms and Relaxants Market Industry
- 2020: Increased regulatory scrutiny on chemical ingredients leads to reformulation efforts across the industry.
- 2022: Launch of several new at-home perm and relaxant kits targeting the convenience-seeking consumer.
- 2023: Major player acquires a smaller company specializing in organic and natural hair care products, expanding its product portfolio.
- 2024: Several brands introduce sustainable packaging options, reflecting a rising consumer preference for eco-friendly products.
Strategic Outlook for North America Perms and Relaxants Market Market
The North America perms and relaxants market holds substantial growth potential driven by continuous innovation, evolving consumer preferences, and the expansion of distribution channels. Strategic partnerships, strategic acquisitions, and expansion into new markets will play a crucial role in shaping future market dynamics. Companies focused on sustainability and incorporating natural ingredients are expected to gain competitive advantages.
North America Perms and Relaxants Market Segmentation
-
1. Product Type
- 1.1. Perms
- 1.2. Relaxants
-
2. Distribution Channel
- 2.1. Supermarkets/Hypermarkets
- 2.2. Convenience Stores
- 2.3. Specialist Retailers
- 2.4. Online Stores
- 2.5. Other Distribution Channels
-
3. Geography
- 3.1. United States
- 3.2. Canada
- 3.3. Mexico
- 3.4. Rest of North America
North America Perms and Relaxants Market Segmentation By Geography
- 1. United States
- 2. Canada
- 3. Mexico
- 4. Rest of North America

North America Perms and Relaxants Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 4.11% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Demand for Natural/Organic Products; Increased Focus on Facial Care Regimes
- 3.3. Market Restrains
- 3.3.1. Presence of Counterfeit Products Restraints Growth
- 3.4. Market Trends
- 3.4.1. Relaxants dominate the market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. North America Perms and Relaxants Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Product Type
- 5.1.1. Perms
- 5.1.2. Relaxants
- 5.2. Market Analysis, Insights and Forecast - by Distribution Channel
- 5.2.1. Supermarkets/Hypermarkets
- 5.2.2. Convenience Stores
- 5.2.3. Specialist Retailers
- 5.2.4. Online Stores
- 5.2.5. Other Distribution Channels
- 5.3. Market Analysis, Insights and Forecast - by Geography
- 5.3.1. United States
- 5.3.2. Canada
- 5.3.3. Mexico
- 5.3.4. Rest of North America
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. United States
- 5.4.2. Canada
- 5.4.3. Mexico
- 5.4.4. Rest of North America
- 5.1. Market Analysis, Insights and Forecast - by Product Type
- 6. United States North America Perms and Relaxants Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Product Type
- 6.1.1. Perms
- 6.1.2. Relaxants
- 6.2. Market Analysis, Insights and Forecast - by Distribution Channel
- 6.2.1. Supermarkets/Hypermarkets
- 6.2.2. Convenience Stores
- 6.2.3. Specialist Retailers
- 6.2.4. Online Stores
- 6.2.5. Other Distribution Channels
- 6.3. Market Analysis, Insights and Forecast - by Geography
- 6.3.1. United States
- 6.3.2. Canada
- 6.3.3. Mexico
- 6.3.4. Rest of North America
- 6.1. Market Analysis, Insights and Forecast - by Product Type
- 7. Canada North America Perms and Relaxants Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Product Type
- 7.1.1. Perms
- 7.1.2. Relaxants
- 7.2. Market Analysis, Insights and Forecast - by Distribution Channel
- 7.2.1. Supermarkets/Hypermarkets
- 7.2.2. Convenience Stores
- 7.2.3. Specialist Retailers
- 7.2.4. Online Stores
- 7.2.5. Other Distribution Channels
- 7.3. Market Analysis, Insights and Forecast - by Geography
- 7.3.1. United States
- 7.3.2. Canada
- 7.3.3. Mexico
- 7.3.4. Rest of North America
- 7.1. Market Analysis, Insights and Forecast - by Product Type
- 8. Mexico North America Perms and Relaxants Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Product Type
- 8.1.1. Perms
- 8.1.2. Relaxants
- 8.2. Market Analysis, Insights and Forecast - by Distribution Channel
- 8.2.1. Supermarkets/Hypermarkets
- 8.2.2. Convenience Stores
- 8.2.3. Specialist Retailers
- 8.2.4. Online Stores
- 8.2.5. Other Distribution Channels
- 8.3. Market Analysis, Insights and Forecast - by Geography
- 8.3.1. United States
- 8.3.2. Canada
- 8.3.3. Mexico
- 8.3.4. Rest of North America
- 8.1. Market Analysis, Insights and Forecast - by Product Type
- 9. Rest of North America North America Perms and Relaxants Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Product Type
- 9.1.1. Perms
- 9.1.2. Relaxants
- 9.2. Market Analysis, Insights and Forecast - by Distribution Channel
- 9.2.1. Supermarkets/Hypermarkets
- 9.2.2. Convenience Stores
- 9.2.3. Specialist Retailers
- 9.2.4. Online Stores
- 9.2.5. Other Distribution Channels
- 9.3. Market Analysis, Insights and Forecast - by Geography
- 9.3.1. United States
- 9.3.2. Canada
- 9.3.3. Mexico
- 9.3.4. Rest of North America
- 9.1. Market Analysis, Insights and Forecast - by Product Type
- 10. United States North America Perms and Relaxants Market Analysis, Insights and Forecast, 2019-2031
- 11. Canada North America Perms and Relaxants Market Analysis, Insights and Forecast, 2019-2031
- 12. Mexico North America Perms and Relaxants Market Analysis, Insights and Forecast, 2019-2031
- 13. Rest of North America North America Perms and Relaxants Market Analysis, Insights and Forecast, 2019-2031
- 14. Competitive Analysis
- 14.1. Market Share Analysis 2024
- 14.2. Company Profiles
- 14.2.1 Kadus Professionals
- 14.2.1.1. Overview
- 14.2.1.2. Products
- 14.2.1.3. SWOT Analysis
- 14.2.1.4. Recent Developments
- 14.2.1.5. Financials (Based on Availability)
- 14.2.2 Jotoco Corp
- 14.2.2.1. Overview
- 14.2.2.2. Products
- 14.2.2.3. SWOT Analysis
- 14.2.2.4. Recent Developments
- 14.2.2.5. Financials (Based on Availability)
- 14.2.3 Henkel AG & Co KGaA
- 14.2.3.1. Overview
- 14.2.3.2. Products
- 14.2.3.3. SWOT Analysis
- 14.2.3.4. Recent Developments
- 14.2.3.5. Financials (Based on Availability)
- 14.2.4 L`Oreal S A
- 14.2.4.1. Overview
- 14.2.4.2. Products
- 14.2.4.3. SWOT Analysis
- 14.2.4.4. Recent Developments
- 14.2.4.5. Financials (Based on Availability)
- 14.2.5 Coty Inc
- 14.2.5.1. Overview
- 14.2.5.2. Products
- 14.2.5.3. SWOT Analysis
- 14.2.5.4. Recent Developments
- 14.2.5.5. Financials (Based on Availability)
- 14.2.6 Makarizo International
- 14.2.6.1. Overview
- 14.2.6.2. Products
- 14.2.6.3. SWOT Analysis
- 14.2.6.4. Recent Developments
- 14.2.6.5. Financials (Based on Availability)
- 14.2.7 Procter & Gamble Co*List Not Exhaustive
- 14.2.7.1. Overview
- 14.2.7.2. Products
- 14.2.7.3. SWOT Analysis
- 14.2.7.4. Recent Developments
- 14.2.7.5. Financials (Based on Availability)
- 14.2.1 Kadus Professionals
List of Figures
- Figure 1: North America Perms and Relaxants Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: North America Perms and Relaxants Market Share (%) by Company 2024
List of Tables
- Table 1: North America Perms and Relaxants Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: North America Perms and Relaxants Market Volume K Units Forecast, by Region 2019 & 2032
- Table 3: North America Perms and Relaxants Market Revenue Million Forecast, by Product Type 2019 & 2032
- Table 4: North America Perms and Relaxants Market Volume K Units Forecast, by Product Type 2019 & 2032
- Table 5: North America Perms and Relaxants Market Revenue Million Forecast, by Distribution Channel 2019 & 2032
- Table 6: North America Perms and Relaxants Market Volume K Units Forecast, by Distribution Channel 2019 & 2032
- Table 7: North America Perms and Relaxants Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 8: North America Perms and Relaxants Market Volume K Units Forecast, by Geography 2019 & 2032
- Table 9: North America Perms and Relaxants Market Revenue Million Forecast, by Region 2019 & 2032
- Table 10: North America Perms and Relaxants Market Volume K Units Forecast, by Region 2019 & 2032
- Table 11: North America Perms and Relaxants Market Revenue Million Forecast, by Country 2019 & 2032
- Table 12: North America Perms and Relaxants Market Volume K Units Forecast, by Country 2019 & 2032
- Table 13: United States North America Perms and Relaxants Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: United States North America Perms and Relaxants Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 15: Canada North America Perms and Relaxants Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: Canada North America Perms and Relaxants Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 17: Mexico North America Perms and Relaxants Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: Mexico North America Perms and Relaxants Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 19: Rest of North America North America Perms and Relaxants Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Rest of North America North America Perms and Relaxants Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 21: North America Perms and Relaxants Market Revenue Million Forecast, by Product Type 2019 & 2032
- Table 22: North America Perms and Relaxants Market Volume K Units Forecast, by Product Type 2019 & 2032
- Table 23: North America Perms and Relaxants Market Revenue Million Forecast, by Distribution Channel 2019 & 2032
- Table 24: North America Perms and Relaxants Market Volume K Units Forecast, by Distribution Channel 2019 & 2032
- Table 25: North America Perms and Relaxants Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 26: North America Perms and Relaxants Market Volume K Units Forecast, by Geography 2019 & 2032
- Table 27: North America Perms and Relaxants Market Revenue Million Forecast, by Country 2019 & 2032
- Table 28: North America Perms and Relaxants Market Volume K Units Forecast, by Country 2019 & 2032
- Table 29: North America Perms and Relaxants Market Revenue Million Forecast, by Product Type 2019 & 2032
- Table 30: North America Perms and Relaxants Market Volume K Units Forecast, by Product Type 2019 & 2032
- Table 31: North America Perms and Relaxants Market Revenue Million Forecast, by Distribution Channel 2019 & 2032
- Table 32: North America Perms and Relaxants Market Volume K Units Forecast, by Distribution Channel 2019 & 2032
- Table 33: North America Perms and Relaxants Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 34: North America Perms and Relaxants Market Volume K Units Forecast, by Geography 2019 & 2032
- Table 35: North America Perms and Relaxants Market Revenue Million Forecast, by Country 2019 & 2032
- Table 36: North America Perms and Relaxants Market Volume K Units Forecast, by Country 2019 & 2032
- Table 37: North America Perms and Relaxants Market Revenue Million Forecast, by Product Type 2019 & 2032
- Table 38: North America Perms and Relaxants Market Volume K Units Forecast, by Product Type 2019 & 2032
- Table 39: North America Perms and Relaxants Market Revenue Million Forecast, by Distribution Channel 2019 & 2032
- Table 40: North America Perms and Relaxants Market Volume K Units Forecast, by Distribution Channel 2019 & 2032
- Table 41: North America Perms and Relaxants Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 42: North America Perms and Relaxants Market Volume K Units Forecast, by Geography 2019 & 2032
- Table 43: North America Perms and Relaxants Market Revenue Million Forecast, by Country 2019 & 2032
- Table 44: North America Perms and Relaxants Market Volume K Units Forecast, by Country 2019 & 2032
- Table 45: North America Perms and Relaxants Market Revenue Million Forecast, by Product Type 2019 & 2032
- Table 46: North America Perms and Relaxants Market Volume K Units Forecast, by Product Type 2019 & 2032
- Table 47: North America Perms and Relaxants Market Revenue Million Forecast, by Distribution Channel 2019 & 2032
- Table 48: North America Perms and Relaxants Market Volume K Units Forecast, by Distribution Channel 2019 & 2032
- Table 49: North America Perms and Relaxants Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 50: North America Perms and Relaxants Market Volume K Units Forecast, by Geography 2019 & 2032
- Table 51: North America Perms and Relaxants Market Revenue Million Forecast, by Country 2019 & 2032
- Table 52: North America Perms and Relaxants Market Volume K Units Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the North America Perms and Relaxants Market?
The projected CAGR is approximately 4.11%.
2. Which companies are prominent players in the North America Perms and Relaxants Market?
Key companies in the market include Kadus Professionals, Jotoco Corp, Henkel AG & Co KGaA, L`Oreal S A, Coty Inc, Makarizo International, Procter & Gamble Co*List Not Exhaustive.
3. What are the main segments of the North America Perms and Relaxants Market?
The market segments include Product Type, Distribution Channel, Geography.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Increasing Demand for Natural/Organic Products; Increased Focus on Facial Care Regimes.
6. What are the notable trends driving market growth?
Relaxants dominate the market.
7. Are there any restraints impacting market growth?
Presence of Counterfeit Products Restraints Growth.
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Units.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "North America Perms and Relaxants Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the North America Perms and Relaxants Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the North America Perms and Relaxants Market?
To stay informed about further developments, trends, and reports in the North America Perms and Relaxants Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence