Key Insights
The Asia-Pacific (APAC) toothpaste market, a key sector within oral hygiene, demonstrates substantial growth. This expansion is primarily attributed to rising disposable incomes, heightened awareness of oral health, and a growing middle-class population across the region. Several factors are propelling this market's advancement. Firstly, the increasing incidence of dental issues such as cavities and gum disease is driving the adoption of preventative oral care, including regular toothpaste use. Secondly, the proliferation of e-commerce and online retail channels is broadening distribution, enhancing accessibility to consumers in diverse locations. Moreover, the rising demand for premium and specialized toothpastes—featuring benefits like whitening, sensitivity relief, or herbal ingredients—is significantly boosting market value. This trend is particularly prominent in rapidly developing economies like India and China, where consumer preferences are shifting towards superior quality products. Leading companies including Unilever, Colgate-Palmolive, and Procter & Gamble are making substantial investments in marketing and product innovation to meet these evolving demands, thereby intensifying competition and fostering further growth.

APAC Toothpaste Market Market Size (In Billion)

Despite positive momentum, the market encounters challenges. Volatile raw material costs and rigorous regulatory frameworks can affect profitability. Furthermore, the growing presence of local and regional brands exerts competitive pressure on multinational corporations. While the overall market outlook remains optimistic, sustained growth hinges on continuous innovation, effective marketing, and adaptability to regional consumer preferences. Market segmentation by distribution channel underscores the strategic importance of both traditional retail (supermarkets, pharmacies) and modern channels (online) for market penetration. A deep understanding of consumer needs and purchasing habits across APAC sub-regions (e.g., China, India, Southeast Asia) is vital for successful market entry and expansion. The projected Compound Annual Growth Rate (CAGR) of 5.38% signifies a robust growth trajectory, indicating a highly attractive market. The current market size stands at 20.14 billion, with 2025 as the base year.

APAC Toothpaste Market Company Market Share

APAC Toothpaste Market: A Comprehensive Report (2019-2033)
This insightful report provides a comprehensive analysis of the Asia-Pacific (APAC) toothpaste market, offering a detailed examination of market trends, leading players, and future growth prospects. The study covers the period from 2019 to 2033, with a base year of 2025 and a forecast period extending to 2033. Valuations are expressed in Millions. This report is crucial for stakeholders seeking to understand the dynamics of this rapidly evolving market and make informed strategic decisions.
APAC Toothpaste Market Composition & Trends
The APAC toothpaste market exhibits a moderately consolidated structure, with key players like Colgate-Palmolive Company, Procter & Gamble, Unilever PLC, and Lion Corporation holding significant market share. The market is characterized by ongoing innovation, driven by consumer demand for specialized formulations like whitening, sensitivity relief, and herbal toothpastes. Stringent regulatory frameworks concerning ingredient safety and labeling significantly impact market operations. Substitute products, such as natural remedies and homemade toothpaste alternatives, present a niche but growing challenge. The end-user profile is diverse, spanning across all age groups and socioeconomic strata, with varying preferences based on factors like price sensitivity, brand loyalty, and health consciousness. M&A activity has been moderate in recent years, with deal values averaging approximately XX Million annually. Market share distribution among the top five players is estimated at 65% in 2025, indicating a degree of market concentration.
- Market Concentration: Moderately consolidated (65% share for top 5 players in 2025)
- Innovation Catalysts: Consumer demand for specialized formulations; technological advancements in formulation and packaging.
- Regulatory Landscape: Stringent regulations on ingredients and labeling.
- Substitute Products: Natural remedies and homemade alternatives.
- End-User Profiles: Diverse, with varying preferences based on price, brand loyalty, and health concerns.
- M&A Activity: Moderate, with average annual deal values of approximately XX Million.
APAC Toothpaste Market Industry Evolution
The APAC toothpaste market has witnessed robust growth over the historical period (2019-2024), expanding at a Compound Annual Growth Rate (CAGR) of XX%. This growth is attributed to factors such as rising disposable incomes, increasing awareness of oral hygiene, and expanding distribution networks. Technological advancements in formulation, particularly in the areas of whitening and sensitivity reduction, have fueled product innovation and market expansion. Consumer demand is shifting towards natural and organic toothpastes, prompting manufacturers to adapt their product offerings. The adoption rate of premium toothpaste variants, such as those with added functionalities (e.g., whitening, enamel protection) is growing at a CAGR of XX% during the forecast period. The market is expected to maintain a healthy growth trajectory in the forecast period (2025-2033), driven by continued economic development, evolving consumer preferences, and new product introductions.
Leading Regions, Countries, or Segments in APAC Toothpaste Market
The Supermarkets/Hypermarkets distribution channel dominates the APAC toothpaste market, accounting for approximately XX% of total sales in 2025. This dominance stems from factors like extensive reach, competitive pricing strategies, and promotional activities.
- Key Drivers for Supermarkets/Hypermarkets Dominance:
- Extensive reach and strong distribution networks.
- Competitive pricing and promotional offers.
- High consumer footfall.
- Strategic partnerships with major toothpaste brands.
While other channels like convenience stores, pharmacies, and online retail contribute significantly, supermarkets and hypermarkets retain their leading position due to their ability to cater to a broad consumer base efficiently. Online retail is experiencing a rapid growth rate, projected to increase its share by XX% by 2033, driven by the increasing adoption of e-commerce in the region and the convenience it offers to consumers. The growth of online retail presents both an opportunity and a challenge for established players.
APAP Toothpaste Market Product Innovations
Recent innovations in the APAP toothpaste market focus on enhanced functionality and improved consumer experience. Formulations incorporating natural ingredients like herbal extracts and essential oils are gaining traction, aligning with the growing consumer preference for natural and organic products. Advancements in whitening technology, such as the use of advanced bleaching agents and enamel-safe polishing agents, are also driving product innovation. Furthermore, the introduction of toothpastes targeting specific oral health concerns, such as sensitivity and gum health, is contributing to market expansion. Unique selling propositions (USPs) often revolve around the combination of natural ingredients and advanced technology.
Propelling Factors for APAC Toothpaste Market Growth
The growth of the APAC toothpaste market is fueled by several key factors. Rising disposable incomes in many APAC countries are increasing consumer spending power, driving demand for higher-quality and specialized toothpaste products. Increasing awareness of oral hygiene is another major factor, with public health campaigns and dental professionals emphasizing the importance of regular brushing. Furthermore, favorable government regulations and supportive policies promoting oral healthcare further contribute to market expansion.
Obstacles in the APAC Toothpaste Market
Despite the positive growth outlook, several challenges hinder the APAC toothpaste market. Stringent regulations regarding ingredient safety and labeling can increase production costs and limit product innovation. Supply chain disruptions, particularly concerning raw material sourcing and packaging, can affect production capacity and market availability. Intense competition among established brands and the emergence of new players create significant competitive pressure, impacting profitability.
Future Opportunities in APAC Toothpaste Market
The APAC toothpaste market presents several promising future opportunities. Untapped markets in rural and less-developed regions represent significant growth potential. Technological advancements, such as the integration of smart sensors and connected devices in oral hygiene products, offer new avenues for innovation. Emerging consumer trends, like the demand for sustainable and eco-friendly products, present opportunities for brands to differentiate their offerings.
Major Players in the APAC Toothpaste Market Ecosystem
- Martin Dow
- Amway Corporation
- Dabur Ltd
- Procter & Gamble
- Lion Corporation
- Unilever PLC
- Hawley & Hazel Company
- Colgate-Palmolive Company
- Hello
- GlaxoSmithKline PLC
Key Developments in APAC Toothpaste Market Industry
- 2022 Q4: Unilever launches a new range of sustainable toothpaste in India.
- 2023 Q1: Colgate-Palmolive introduces a premium whitening toothpaste in China.
- 2023 Q3: Lion Corporation acquires a smaller toothpaste manufacturer in Thailand. (Further details are unavailable at this time)
Strategic APAC Toothpaste Market Forecast
The APAC toothpaste market is poised for sustained growth in the forecast period (2025-2033). Growing consumer awareness, rising disposable incomes, and continuous product innovation are key drivers. The market is expected to witness increased penetration of premium and specialized toothpaste products, alongside a continued shift towards natural and organic formulations. The expanding online retail sector will also play a crucial role in shaping future market dynamics. The overall market size is projected to reach XX Million by 2033.
APAC Toothpaste Market Segmentation
-
1. Distribution Channel
- 1.1. Supermarkets/ Hypermarkets
- 1.2. Convenience Stores
- 1.3. Pharmacies and Drug Stores
- 1.4. Online Retail
- 1.5. Other Distribution Channels
-
2. Geography
- 2.1. China
- 2.2. Japan
- 2.3. India
- 2.4. Australia
- 2.5. Rest of Asia-Pacific
APAC Toothpaste Market Segmentation By Geography
- 1. China
- 2. Japan
- 3. India
- 4. Australia
- 5. Rest of Asia Pacific

APAC Toothpaste Market Regional Market Share

Geographic Coverage of APAC Toothpaste Market
APAC Toothpaste Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.38% from 2020-2034 |
| 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. Evolving Consumer Perception Toward Oral Hygiene Routines; Increased Focus on Marketing Activities & Distribution Network
- 3.3. Market Restrains
- 3.3.1. Adverse Effects of Synthetic Chemicals Used in Mouth Washes
- 3.4. Market Trends
- 3.4.1. China Holds The Largest Market Share In Asia-Pacific
- 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. Global APAC Toothpaste Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Distribution Channel
- 5.1.1. Supermarkets/ Hypermarkets
- 5.1.2. Convenience Stores
- 5.1.3. Pharmacies and Drug Stores
- 5.1.4. Online Retail
- 5.1.5. Other Distribution Channels
- 5.2. Market Analysis, Insights and Forecast - by Geography
- 5.2.1. China
- 5.2.2. Japan
- 5.2.3. India
- 5.2.4. Australia
- 5.2.5. Rest of Asia-Pacific
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. China
- 5.3.2. Japan
- 5.3.3. India
- 5.3.4. Australia
- 5.3.5. Rest of Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Distribution Channel
- 6. China APAC Toothpaste Market Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Distribution Channel
- 6.1.1. Supermarkets/ Hypermarkets
- 6.1.2. Convenience Stores
- 6.1.3. Pharmacies and Drug Stores
- 6.1.4. Online Retail
- 6.1.5. Other Distribution Channels
- 6.2. Market Analysis, Insights and Forecast - by Geography
- 6.2.1. China
- 6.2.2. Japan
- 6.2.3. India
- 6.2.4. Australia
- 6.2.5. Rest of Asia-Pacific
- 6.1. Market Analysis, Insights and Forecast - by Distribution Channel
- 7. Japan APAC Toothpaste Market Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Distribution Channel
- 7.1.1. Supermarkets/ Hypermarkets
- 7.1.2. Convenience Stores
- 7.1.3. Pharmacies and Drug Stores
- 7.1.4. Online Retail
- 7.1.5. Other Distribution Channels
- 7.2. Market Analysis, Insights and Forecast - by Geography
- 7.2.1. China
- 7.2.2. Japan
- 7.2.3. India
- 7.2.4. Australia
- 7.2.5. Rest of Asia-Pacific
- 7.1. Market Analysis, Insights and Forecast - by Distribution Channel
- 8. India APAC Toothpaste Market Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Distribution Channel
- 8.1.1. Supermarkets/ Hypermarkets
- 8.1.2. Convenience Stores
- 8.1.3. Pharmacies and Drug Stores
- 8.1.4. Online Retail
- 8.1.5. Other Distribution Channels
- 8.2. Market Analysis, Insights and Forecast - by Geography
- 8.2.1. China
- 8.2.2. Japan
- 8.2.3. India
- 8.2.4. Australia
- 8.2.5. Rest of Asia-Pacific
- 8.1. Market Analysis, Insights and Forecast - by Distribution Channel
- 9. Australia APAC Toothpaste Market Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Distribution Channel
- 9.1.1. Supermarkets/ Hypermarkets
- 9.1.2. Convenience Stores
- 9.1.3. Pharmacies and Drug Stores
- 9.1.4. Online Retail
- 9.1.5. Other Distribution Channels
- 9.2. Market Analysis, Insights and Forecast - by Geography
- 9.2.1. China
- 9.2.2. Japan
- 9.2.3. India
- 9.2.4. Australia
- 9.2.5. Rest of Asia-Pacific
- 9.1. Market Analysis, Insights and Forecast - by Distribution Channel
- 10. Rest of Asia Pacific APAC Toothpaste Market Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Distribution Channel
- 10.1.1. Supermarkets/ Hypermarkets
- 10.1.2. Convenience Stores
- 10.1.3. Pharmacies and Drug Stores
- 10.1.4. Online Retail
- 10.1.5. Other Distribution Channels
- 10.2. Market Analysis, Insights and Forecast - by Geography
- 10.2.1. China
- 10.2.2. Japan
- 10.2.3. India
- 10.2.4. Australia
- 10.2.5. Rest of Asia-Pacific
- 10.1. Market Analysis, Insights and Forecast - by Distribution Channel
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 Martin Dow*List Not Exhaustive
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Amway Corporation
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Dabur Ltd
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Procter & Gamble
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Lion Corporation
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Unilever PLC
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Hawley & Hazel Company
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Colgate-Palmolive Company
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Hello
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 GlaxoSmithKline PLC
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.1 Martin Dow*List Not Exhaustive
List of Figures
- Figure 1: Global APAC Toothpaste Market Revenue Breakdown (billion, %) by Region 2025 & 2033
- Figure 2: China APAC Toothpaste Market Revenue (billion), by Distribution Channel 2025 & 2033
- Figure 3: China APAC Toothpaste Market Revenue Share (%), by Distribution Channel 2025 & 2033
- Figure 4: China APAC Toothpaste Market Revenue (billion), by Geography 2025 & 2033
- Figure 5: China APAC Toothpaste Market Revenue Share (%), by Geography 2025 & 2033
- Figure 6: China APAC Toothpaste Market Revenue (billion), by Country 2025 & 2033
- Figure 7: China APAC Toothpaste Market Revenue Share (%), by Country 2025 & 2033
- Figure 8: Japan APAC Toothpaste Market Revenue (billion), by Distribution Channel 2025 & 2033
- Figure 9: Japan APAC Toothpaste Market Revenue Share (%), by Distribution Channel 2025 & 2033
- Figure 10: Japan APAC Toothpaste Market Revenue (billion), by Geography 2025 & 2033
- Figure 11: Japan APAC Toothpaste Market Revenue Share (%), by Geography 2025 & 2033
- Figure 12: Japan APAC Toothpaste Market Revenue (billion), by Country 2025 & 2033
- Figure 13: Japan APAC Toothpaste Market Revenue Share (%), by Country 2025 & 2033
- Figure 14: India APAC Toothpaste Market Revenue (billion), by Distribution Channel 2025 & 2033
- Figure 15: India APAC Toothpaste Market Revenue Share (%), by Distribution Channel 2025 & 2033
- Figure 16: India APAC Toothpaste Market Revenue (billion), by Geography 2025 & 2033
- Figure 17: India APAC Toothpaste Market Revenue Share (%), by Geography 2025 & 2033
- Figure 18: India APAC Toothpaste Market Revenue (billion), by Country 2025 & 2033
- Figure 19: India APAC Toothpaste Market Revenue Share (%), by Country 2025 & 2033
- Figure 20: Australia APAC Toothpaste Market Revenue (billion), by Distribution Channel 2025 & 2033
- Figure 21: Australia APAC Toothpaste Market Revenue Share (%), by Distribution Channel 2025 & 2033
- Figure 22: Australia APAC Toothpaste Market Revenue (billion), by Geography 2025 & 2033
- Figure 23: Australia APAC Toothpaste Market Revenue Share (%), by Geography 2025 & 2033
- Figure 24: Australia APAC Toothpaste Market Revenue (billion), by Country 2025 & 2033
- Figure 25: Australia APAC Toothpaste Market Revenue Share (%), by Country 2025 & 2033
- Figure 26: Rest of Asia Pacific APAC Toothpaste Market Revenue (billion), by Distribution Channel 2025 & 2033
- Figure 27: Rest of Asia Pacific APAC Toothpaste Market Revenue Share (%), by Distribution Channel 2025 & 2033
- Figure 28: Rest of Asia Pacific APAC Toothpaste Market Revenue (billion), by Geography 2025 & 2033
- Figure 29: Rest of Asia Pacific APAC Toothpaste Market Revenue Share (%), by Geography 2025 & 2033
- Figure 30: Rest of Asia Pacific APAC Toothpaste Market Revenue (billion), by Country 2025 & 2033
- Figure 31: Rest of Asia Pacific APAC Toothpaste Market Revenue Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global APAC Toothpaste Market Revenue billion Forecast, by Distribution Channel 2020 & 2033
- Table 2: Global APAC Toothpaste Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 3: Global APAC Toothpaste Market Revenue billion Forecast, by Region 2020 & 2033
- Table 4: Global APAC Toothpaste Market Revenue billion Forecast, by Distribution Channel 2020 & 2033
- Table 5: Global APAC Toothpaste Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 6: Global APAC Toothpaste Market Revenue billion Forecast, by Country 2020 & 2033
- Table 7: Global APAC Toothpaste Market Revenue billion Forecast, by Distribution Channel 2020 & 2033
- Table 8: Global APAC Toothpaste Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 9: Global APAC Toothpaste Market Revenue billion Forecast, by Country 2020 & 2033
- Table 10: Global APAC Toothpaste Market Revenue billion Forecast, by Distribution Channel 2020 & 2033
- Table 11: Global APAC Toothpaste Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 12: Global APAC Toothpaste Market Revenue billion Forecast, by Country 2020 & 2033
- Table 13: Global APAC Toothpaste Market Revenue billion Forecast, by Distribution Channel 2020 & 2033
- Table 14: Global APAC Toothpaste Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 15: Global APAC Toothpaste Market Revenue billion Forecast, by Country 2020 & 2033
- Table 16: Global APAC Toothpaste Market Revenue billion Forecast, by Distribution Channel 2020 & 2033
- Table 17: Global APAC Toothpaste Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 18: Global APAC Toothpaste Market Revenue billion Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the APAC Toothpaste Market?
The projected CAGR is approximately 5.38%.
2. Which companies are prominent players in the APAC Toothpaste Market?
Key companies in the market include Martin Dow*List Not Exhaustive, Amway Corporation, Dabur Ltd, Procter & Gamble, Lion Corporation, Unilever PLC, Hawley & Hazel Company, Colgate-Palmolive Company, Hello, GlaxoSmithKline PLC.
3. What are the main segments of the APAC Toothpaste Market?
The market segments include Distribution Channel, Geography.
4. Can you provide details about the market size?
The market size is estimated to be USD 20.14 billion as of 2022.
5. What are some drivers contributing to market growth?
Evolving Consumer Perception Toward Oral Hygiene Routines; Increased Focus on Marketing Activities & Distribution Network.
6. What are the notable trends driving market growth?
China Holds The Largest Market Share In Asia-Pacific.
7. Are there any restraints impacting market growth?
Adverse Effects of Synthetic Chemicals Used in Mouth Washes.
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 billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "APAC Toothpaste 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 APAC Toothpaste 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 APAC Toothpaste Market?
To stay informed about further developments, trends, and reports in the APAC Toothpaste 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

