Key Insights
The North American haircare market, valued at approximately $XX million in 2025, is projected to experience steady growth, exhibiting a compound annual growth rate (CAGR) of 2.78% from 2025 to 2033. This growth is driven by several key factors. Increasing consumer awareness of hair health and the rising popularity of natural and organic hair care products fuel demand. The surge in online retail channels provides convenient access to a wider range of products, further boosting market expansion. Furthermore, the influence of social media and celebrity endorsements significantly impacts consumer purchasing decisions, driving trends towards specific product types and brands. Innovation in haircare formulations, such as products addressing specific hair concerns like hair loss or damage repair, also contribute to market growth. However, the market faces challenges like price fluctuations in raw materials and increasing competition among established players and emerging brands.
Segment-wise, the shampoo and conditioner segment continues to dominate, followed by hair styling products and hair colorants. The increasing prevalence of hair loss, particularly among younger demographics, is driving growth in the hair loss treatment products segment. The distribution channel analysis reveals that supermarkets/hypermarkets and online retail stores are the key distribution channels, reflecting modern consumer shopping habits. Major players like L'Oréal, Procter & Gamble, Unilever, and Henkel are actively competing through product innovation, brand building, and strategic acquisitions to maintain their market share. Regional analysis within North America indicates that the United States holds the largest market share due to its large population and high per capita consumption of hair care products, with Canada and Mexico following suit. The forecast period (2025-2033) anticipates continued market expansion driven by evolving consumer preferences and the consistent introduction of innovative products.

North America Haircare Market: A Comprehensive Report (2019-2033)
This detailed report provides a comprehensive analysis of the North America haircare market, offering invaluable insights for industry stakeholders, investors, and strategic decision-makers. The study covers the period from 2019 to 2033, with a focus on the 2025-2033 forecast period. The report leverages extensive data analysis and expert insights to uncover key trends, opportunities, and challenges shaping this dynamic market.
North America Haircare Market Concentration & Innovation
The North America haircare market is characterized by a high degree of concentration, with a few major players dominating the landscape. Companies like L'Oréal S.A., Procter & Gamble Company, Unilever PLC, and Henkel AG & Co KGaA hold significant market share, estimated collectively at xx%. This concentration is partly due to substantial marketing budgets, extensive distribution networks, and strong brand recognition. However, smaller, niche players are also emerging, capitalizing on growing consumer demand for natural, organic, and sustainable products.
Innovation plays a crucial role in this market, driven by factors such as technological advancements, changing consumer preferences, and regulatory pressures. The "skinification" of haircare is a major trend, leading to the development of products with sophisticated formulations and targeted benefits. Moreover, growing concerns about sustainability are influencing the development of eco-friendly packaging and formulations.
Mergers and acquisitions (M&A) activity is relatively frequent, reflecting the industry's competitive dynamics. While precise deal values are not publicly available for all transactions, recent M&A activity suggests a xx Million investment in the sector. These transactions are often driven by a desire to expand product portfolios, access new markets, and strengthen brand presence. The regulatory framework, while generally stable, continues to evolve, particularly regarding ingredient labeling and safety standards. This necessitates continuous adaptation and innovation from market players. Finally, product substitution, although present (e.g., homemade haircare solutions), remains a minor factor given the convenience and efficacy of commercially available products.
North America Haircare Market Industry Trends & Insights
The North America haircare market exhibits robust growth, driven by factors such as rising disposable incomes, increased awareness of personal care, and the growing influence of social media. The market has witnessed a CAGR of xx% during the historical period (2019-2024) and is projected to maintain a CAGR of xx% during the forecast period (2025-2033), reaching a market size of xx Million by 2033. This growth is fueled by several key trends: the increasing popularity of premium and specialized haircare products catering to diverse hair types and concerns; a growing focus on natural and organic ingredients; and the expansion of e-commerce channels providing convenient access to a wider range of products.
Technological disruptions, such as the rise of personalized haircare solutions based on individual genetic profiles and advanced hair analysis techniques, are transforming the market. Consumer preferences are shifting towards products that are not only effective but also ethically sourced, sustainably packaged, and aligned with their values. These preferences are forcing manufacturers to adopt innovative and eco-conscious practices. Competitive dynamics remain intense, with companies continuously launching new products, strengthening their brand portfolios, and expanding their distribution networks. Market penetration of certain product types, such as natural haircare products, is rapidly increasing, indicating significant shifts in consumer demand.

Dominant Markets & Segments in North America Haircare Market
The United States is the dominant market within North America, accounting for xx% of the total market value, driven by factors such as high consumer spending, strong brand presence, and extensive distribution networks. Within product types, shampoos and conditioners constitute the largest segments, owing to their widespread use and high frequency of purchase. However, significant growth is projected in hair loss treatment products and hair styling products due to increasing awareness and rising consumer demand.
- Key Drivers for US Dominance:
- High disposable incomes.
- Strong established brands with wide distribution.
- Advanced marketing and promotional activities.
- Early adoption of new hair care trends and technologies.
In terms of distribution channels, supermarkets/hypermarkets maintain a significant market share, primarily due to their extensive reach and high foot traffic. However, online retail stores are rapidly gaining traction, driven by the convenience and accessibility they offer. The expansion of online platforms and increasing internet penetration is further facilitating this growth.
North America Haircare Market Product Developments
Recent product innovations highlight a strong focus on addressing specific hair concerns, such as dandruff, hair loss, and damage repair. Companies are incorporating advanced ingredients and technologies to enhance product efficacy and cater to evolving consumer needs. The "skinification" trend is driving the development of products that provide both hair and scalp benefits, mirroring the focus on skincare routines. This trend is exemplified by Estée Lauder's The Ordinary line and P&G's Ouai Anti-Dandruff Shampoo. The growing emphasis on sustainability is also evident in the introduction of eco-friendly packaging and plant-based formulations.
Report Scope & Segmentation Analysis
This report segments the North America haircare market by product type (Shampoo, Conditioner, Hair Loss Treatment Products, Hair Styling Products, Perms and Relaxants, Hair Colorants, Other Product Types) and distribution channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Pharmacies/Drug Stores, Online Retail Stores, Other Distribution Channels). Each segment is analyzed in detail, providing insights into market size, growth projections, and competitive dynamics. For example, the shampoo segment is projected to witness strong growth due to high demand, while the online retail channel is anticipated to experience substantial expansion owing to increasing e-commerce penetration. The competitive landscape is highly fragmented with both large multinational companies and smaller niche players competing.
Key Drivers of North America Haircare Market Growth
Several key factors contribute to the growth of the North America haircare market. These include rising disposable incomes, increasing awareness of hair care and personal grooming, the growing popularity of premium hair care products, and the increasing adoption of e-commerce channels for the purchase of hair care products. Technological advancements in product formulations, such as the use of natural ingredients and advanced technologies, are also contributing factors. Furthermore, increasing awareness about scalp health and hair-related conditions drives growth in specialized hair care product segments.
Challenges in the North America Haircare Market Sector
The North America haircare market faces certain challenges, including intense competition from established players and emerging brands, stringent regulatory requirements regarding product safety and labeling, and fluctuations in raw material prices that can impact production costs. Supply chain disruptions also pose a risk, particularly in light of global economic uncertainties. These challenges necessitate innovative strategies and efficient supply chain management practices for players to maintain profitability and market share.
Emerging Opportunities in North America Haircare Market
The North America haircare market presents several lucrative opportunities. The growing demand for natural, organic, and sustainable products creates a significant opportunity for brands to capitalize on the increasing consumer preference for eco-friendly options. Moreover, the rise of personalized hair care, leveraging technologies such as genetic testing and AI-powered recommendations, presents a significant avenue for growth. Expanding into untapped markets and catering to diverse hair types and concerns also present considerable opportunities for innovation and market expansion.
Leading Players in the North America Haircare Market Market
- Henkel AG & Co KGaA
- The Estée Lauder Companies Inc
- Shiseido Company Limited
- Unilever PLC
- L'Oréal S.A
- Natura & Co
- John Paul Mitchell Systems
- Procter & Gamble Company
- Kao Corporation
- Alticor (Amway Corporation)
Key Developments in North America Haircare Market Industry
- Aug 2021: Garnier (L'Oréal) launched Whole Blends Shampoo Bars, showcasing a commitment to sustainability with plant-based ingredients and plastic-free packaging.
- Sept 2022: Estée Lauder's The Ordinary introduced a haircare line focusing on "skinification," incorporating ingredients like sulfate cleanser and behentrimonium chloride conditioner.
- Dec 2022: P&G's Ouai released an anti-dandruff shampoo containing 2% salicylic acid, targeting the dandruff market segment with an FDA-approved ingredient.
Strategic Outlook for North America Haircare Market Market
The North America haircare market is poised for continued growth, driven by increasing consumer demand for premium, specialized, and sustainable products. Innovation in product formulations, packaging, and distribution channels will be critical for success. Companies that can successfully adapt to evolving consumer preferences and leverage technological advancements will be best positioned to capture market share. The focus on personalized hair care and the expanding online retail sector presents significant growth opportunities in the coming years.
North America Haircare Market Segmentation
-
1. Product Type
- 1.1. Shampoo
- 1.2. Conditioner
- 1.3. Hair Loss Treatment Products
- 1.4. Hair Styling Products
- 1.5. Perms and Relaxants
- 1.6. Hair Colorants
- 1.7. Other Product Types
-
2. Distribution channel
- 2.1. Supermarkets/Hypermarkets
- 2.2. Convenience Stores
- 2.3. Specialty Stores
- 2.4. Pharmacies/Drug Stores
- 2.5. Online Retail Stores
- 2.6. Other Distribution Channels
-
3. Geography
- 3.1. United States
- 3.2. Canada
- 3.3. Mexico
- 3.4. Rest of North America
North America Haircare Market Segmentation By Geography
- 1. United States
- 2. Canada
- 3. Mexico
- 4. Rest of North America

North America Haircare 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 2.78% 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. Growing Influence of Social Media and Impact of Digital Technology; Rising Demand for Natural and Organic Skincare Products
- 3.3. Market Restrains
- 3.3.1. Enhanced Presence of Counterfeit Skin Care Products
- 3.4. Market Trends
- 3.4.1. Growing Influence of Social Media and Impact of Digital Technology on 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 Haircare Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Product Type
- 5.1.1. Shampoo
- 5.1.2. Conditioner
- 5.1.3. Hair Loss Treatment Products
- 5.1.4. Hair Styling Products
- 5.1.5. Perms and Relaxants
- 5.1.6. Hair Colorants
- 5.1.7. Other Product Types
- 5.2. Market Analysis, Insights and Forecast - by Distribution channel
- 5.2.1. Supermarkets/Hypermarkets
- 5.2.2. Convenience Stores
- 5.2.3. Specialty Stores
- 5.2.4. Pharmacies/Drug Stores
- 5.2.5. Online Retail Stores
- 5.2.6. 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 Haircare Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Product Type
- 6.1.1. Shampoo
- 6.1.2. Conditioner
- 6.1.3. Hair Loss Treatment Products
- 6.1.4. Hair Styling Products
- 6.1.5. Perms and Relaxants
- 6.1.6. Hair Colorants
- 6.1.7. Other Product Types
- 6.2. Market Analysis, Insights and Forecast - by Distribution channel
- 6.2.1. Supermarkets/Hypermarkets
- 6.2.2. Convenience Stores
- 6.2.3. Specialty Stores
- 6.2.4. Pharmacies/Drug Stores
- 6.2.5. Online Retail Stores
- 6.2.6. 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 Haircare Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Product Type
- 7.1.1. Shampoo
- 7.1.2. Conditioner
- 7.1.3. Hair Loss Treatment Products
- 7.1.4. Hair Styling Products
- 7.1.5. Perms and Relaxants
- 7.1.6. Hair Colorants
- 7.1.7. Other Product Types
- 7.2. Market Analysis, Insights and Forecast - by Distribution channel
- 7.2.1. Supermarkets/Hypermarkets
- 7.2.2. Convenience Stores
- 7.2.3. Specialty Stores
- 7.2.4. Pharmacies/Drug Stores
- 7.2.5. Online Retail Stores
- 7.2.6. 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 Haircare Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Product Type
- 8.1.1. Shampoo
- 8.1.2. Conditioner
- 8.1.3. Hair Loss Treatment Products
- 8.1.4. Hair Styling Products
- 8.1.5. Perms and Relaxants
- 8.1.6. Hair Colorants
- 8.1.7. Other Product Types
- 8.2. Market Analysis, Insights and Forecast - by Distribution channel
- 8.2.1. Supermarkets/Hypermarkets
- 8.2.2. Convenience Stores
- 8.2.3. Specialty Stores
- 8.2.4. Pharmacies/Drug Stores
- 8.2.5. Online Retail Stores
- 8.2.6. 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 Haircare Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Product Type
- 9.1.1. Shampoo
- 9.1.2. Conditioner
- 9.1.3. Hair Loss Treatment Products
- 9.1.4. Hair Styling Products
- 9.1.5. Perms and Relaxants
- 9.1.6. Hair Colorants
- 9.1.7. Other Product Types
- 9.2. Market Analysis, Insights and Forecast - by Distribution channel
- 9.2.1. Supermarkets/Hypermarkets
- 9.2.2. Convenience Stores
- 9.2.3. Specialty Stores
- 9.2.4. Pharmacies/Drug Stores
- 9.2.5. Online Retail Stores
- 9.2.6. 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 Haircare Market Analysis, Insights and Forecast, 2019-2031
- 11. Canada North America Haircare Market Analysis, Insights and Forecast, 2019-2031
- 12. Mexico North America Haircare Market Analysis, Insights and Forecast, 2019-2031
- 13. Rest of North America North America Haircare Market Analysis, Insights and Forecast, 2019-2031
- 14. Competitive Analysis
- 14.1. Market Share Analysis 2024
- 14.2. Company Profiles
- 14.2.1 Henkel AG & Co KGaA
- 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 The Estee Lauder Companies Inc
- 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 Shiseido Company Limited
- 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 Unilever PLC
- 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 L'Oreal S A
- 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 Natura & Co
- 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 John Paul Mitchell Systems
- 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)
- 14.2.8 Procter & Gamble Company
- 14.2.8.1. Overview
- 14.2.8.2. Products
- 14.2.8.3. SWOT Analysis
- 14.2.8.4. Recent Developments
- 14.2.8.5. Financials (Based on Availability)
- 14.2.9 Kao Corporation
- 14.2.9.1. Overview
- 14.2.9.2. Products
- 14.2.9.3. SWOT Analysis
- 14.2.9.4. Recent Developments
- 14.2.9.5. Financials (Based on Availability)
- 14.2.10 Alticor (Amway Corporation)*List Not Exhaustive
- 14.2.10.1. Overview
- 14.2.10.2. Products
- 14.2.10.3. SWOT Analysis
- 14.2.10.4. Recent Developments
- 14.2.10.5. Financials (Based on Availability)
- 14.2.1 Henkel AG & Co KGaA
List of Figures
- Figure 1: North America Haircare Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: North America Haircare Market Share (%) by Company 2024
List of Tables
- Table 1: North America Haircare Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: North America Haircare Market Revenue Million Forecast, by Product Type 2019 & 2032
- Table 3: North America Haircare Market Revenue Million Forecast, by Distribution channel 2019 & 2032
- Table 4: North America Haircare Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 5: North America Haircare Market Revenue Million Forecast, by Region 2019 & 2032
- Table 6: North America Haircare Market Revenue Million Forecast, by Country 2019 & 2032
- Table 7: United States North America Haircare Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: Canada North America Haircare Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: Mexico North America Haircare Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Rest of North America North America Haircare Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 11: North America Haircare Market Revenue Million Forecast, by Product Type 2019 & 2032
- Table 12: North America Haircare Market Revenue Million Forecast, by Distribution channel 2019 & 2032
- Table 13: North America Haircare Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 14: North America Haircare Market Revenue Million Forecast, by Country 2019 & 2032
- Table 15: North America Haircare Market Revenue Million Forecast, by Product Type 2019 & 2032
- Table 16: North America Haircare Market Revenue Million Forecast, by Distribution channel 2019 & 2032
- Table 17: North America Haircare Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 18: North America Haircare Market Revenue Million Forecast, by Country 2019 & 2032
- Table 19: North America Haircare Market Revenue Million Forecast, by Product Type 2019 & 2032
- Table 20: North America Haircare Market Revenue Million Forecast, by Distribution channel 2019 & 2032
- Table 21: North America Haircare Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 22: North America Haircare Market Revenue Million Forecast, by Country 2019 & 2032
- Table 23: North America Haircare Market Revenue Million Forecast, by Product Type 2019 & 2032
- Table 24: North America Haircare Market Revenue Million Forecast, by Distribution channel 2019 & 2032
- Table 25: North America Haircare Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 26: North America Haircare Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the North America Haircare Market?
The projected CAGR is approximately 2.78%.
2. Which companies are prominent players in the North America Haircare Market?
Key companies in the market include Henkel AG & Co KGaA, The Estee Lauder Companies Inc, Shiseido Company Limited, Unilever PLC, L'Oreal S A, Natura & Co, John Paul Mitchell Systems, Procter & Gamble Company, Kao Corporation, Alticor (Amway Corporation)*List Not Exhaustive.
3. What are the main segments of the North America Haircare 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?
Growing Influence of Social Media and Impact of Digital Technology; Rising Demand for Natural and Organic Skincare Products.
6. What are the notable trends driving market growth?
Growing Influence of Social Media and Impact of Digital Technology on the Market.
7. Are there any restraints impacting market growth?
Enhanced Presence of Counterfeit Skin Care Products.
8. Can you provide examples of recent developments in the market?
Dec 2022: P&G's Ouai improved its anti-dandruff shampoo category with the new launch, Ouai's Anti-Dandruff Shampoo, which contains an FDA-approved ingredient such as 2% salicylic acid formulated to relieve dandruff symptoms and break down dandruff-causing bacteria to soothe the scalp. It debuted on the Sephora App and will appear on Sephora's and Ouai's websites.
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 4950, and USD 6800 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.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "North America Haircare 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 Haircare 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 Haircare Market?
To stay informed about further developments, trends, and reports in the North America Haircare 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