Research Methodology on Hard Surface Flooring Market
1.Secondary Research:
Secondary research involves the use of existing research sources and literature to form an understanding of the Hard Surface Flooring market. This includes sources such as company reports, published articles, books, research papers, and economic data. Secondary research sources were identified by using several resources and search engines.
2. Primary Research:
Primary research involves gathering data directly from relevant stakeholders in the market, such as industry experts, key opinion leaders, stakeholders, suppliers, manufacturers, and market participants. Primary research respondents were identified using several resources and search engines. Qualitative and quantitative data was collected and analyzed to gain better insights into the Hard Surface Flooring market.
3.Data Triangulation:
Data triangulation was used to verify the accuracy of the Hard Surface Flooring market study. This analysis was done using data from primary and secondary sources. The data collected was panelled, triangulated, and validated to obtain accurate market insights.
4.Bottom-up Approach:
A bottom-up approach was used to determine the overall size of the Hard Surface Flooring market. This approach involves assessing the number of players in the market and the individual market size of each player. This data was then used to obtain an overall market size.
5.Top-down Approach:
A top-down approach was used to calculate the overall Hard Surface Flooring market size. This approach involved estimating the overall market size using macroeconomic and industry-level data.
6.Time-Series Analysis:
Time-series analysis was used to analyse market trends over a period of time. This analysis was done using historical market data.
7.Factor Analysis:
Factor analysis was used to identify the factors that are likely to drive the growth of the Hard Surface Flooring market. This analysis was done using various industry theories and trends.
8.Demand-Side Data:
Demand-side data was used to understand consumer behaviour and preferences when it comes to purchasing Hard Surface Flooring products. This data was collected from various sources such as industry reports, customer surveys, and customer feedback.
9.Supply-Side Data:
Supply-side data was used to understand the manufacturers, suppliers, and distributors in the Hard Surface Flooring market. This data was collected from various sources such as industry reports, supplier surveys, and interviews with market participants.
This comprehensive research methodology provides comprehensive insights into the Hard Surface Flooring market. This methodology ensures the accuracy of the data collected and analysed, and the accuracy of the market forecasts and estimates till 2030.