Key Insights
The European carpet and rugs market, valued at approximately €X million in 2025 (assuming a logical market size based on global trends and the provided CAGR), is projected to experience steady growth with a compound annual growth rate (CAGR) of 3.00% from 2025 to 2033. This growth is driven by several factors. Increasing disposable incomes across several European nations are fueling demand for home improvements, including high-quality carpets and rugs. Furthermore, the resurgence of interest in interior design and home décor, coupled with the rise of online retail platforms facilitating easier access to diverse products, contributes to market expansion. The commercial sector, particularly hospitality and office spaces, also contributes significantly to market demand, driven by refurbishment projects and the need for aesthetically pleasing and durable flooring solutions. However, environmental concerns related to carpet manufacturing and disposal, as well as fluctuating raw material prices, pose potential restraints on market growth. The market is segmented by type (wall-to-wall tufted carpets, wall-to-wall woven carpets, and rugs), application (residential and commercial), distribution channel (contractors, retail, and other channels), and key European countries (Germany, the United Kingdom, France, Spain, and the Rest of Europe). Germany, the UK, and France are expected to dominate the market due to their larger populations and stronger economies.
The competitive landscape is characterized by both established players like Tarkett/Desso, Balsan, and Milliken, and regional manufacturers such as Agnella SA and MoquetasRols SA. These companies are employing strategies like product innovation, focusing on sustainable materials, and expanding their distribution networks to maintain their market share and capitalize on emerging trends. The preference for eco-friendly and hypoallergenic carpets is a notable trend, shaping manufacturers' product development strategies and influencing consumer purchasing decisions. The increasing popularity of customized and bespoke carpet designs is another emerging trend, catering to individualized tastes and design preferences. The market's future growth will depend on successfully addressing environmental concerns, maintaining competitive pricing, and adapting to evolving consumer preferences for sustainable and aesthetically pleasing flooring solutions.

Europe Carpet and Rugs Market Report: 2019-2033
This comprehensive report provides a detailed analysis of the Europe Carpet and Rugs Market, offering valuable insights for industry professionals, investors, and stakeholders. Covering the period 2019-2033, with a focus on 2025, this report delves into market dynamics, competitive landscapes, and future growth projections.
Europe Carpet and Rugs Market Structure & Innovation Trends
The European carpet and rugs market is moderately concentrated, with key players like Balta Group, Tarkett/Desso, and Milliken holding significant market share. However, a number of smaller, specialized companies also contribute significantly to the overall market. Innovation is driven by increasing demand for sustainable and eco-friendly materials, technological advancements in manufacturing processes (e.g., digital printing for customized designs), and the growing adoption of smart home technologies integrating with flooring solutions. Regulatory frameworks, particularly those concerning environmental standards and worker safety, influence manufacturing practices and material sourcing. The market also faces competition from substitute flooring materials such as hardwood, vinyl, and laminate. End-user demographics significantly impact demand, with residential consumers favoring aesthetics and comfort, while commercial clients prioritize durability, maintenance, and cost-effectiveness. Mergers and acquisitions (M&A) activity, such as Victoria's acquisition of Balta Group's rug division for USD 141.5 Million in November 2021, demonstrate the industry's consolidation trend and strategic investments in growth.
- Market Concentration: Moderately concentrated, with top players holding xx% market share.
- Innovation Drivers: Sustainability, technological advancements, smart home integration.
- Regulatory Frameworks: Focus on environmental standards and worker safety.
- Product Substitutes: Hardwood, vinyl, laminate flooring.
- M&A Activity: Significant consolidation, with deals exceeding USD xx Million in recent years.

Europe Carpet and Rugs Market Dynamics & Trends
The Europe carpet and rugs market exhibits a complex interplay of growth drivers, technological disruptions, and evolving consumer preferences. Market growth is fueled by factors such as increasing disposable incomes, urbanization, and rising construction activities across Europe. Technological advancements in manufacturing have led to improved product quality, increased production efficiency, and the introduction of innovative features like stain-resistant and antimicrobial treatments. Consumers increasingly prioritize sustainability, seeking eco-friendly and ethically sourced carpets and rugs, influencing manufacturers to adopt sustainable production practices. The competitive landscape is characterized by both intense rivalry among established players and the emergence of niche players focusing on specialized segments. The market is expected to witness a CAGR of xx% during the forecast period (2025-2033), with significant penetration into the commercial sector.

Dominant Regions & Segments in Europe Carpet and Rugs Market
Germany, the United Kingdom, and France represent the largest national markets within Europe, driven by strong economies, significant construction activity, and established consumer preferences for carpets and rugs. The residential segment continues to dominate the application-based market, while the commercial segment exhibits promising growth potential. Wall-to-wall tufted carpets hold the largest share within the type-based segmentation. Retail channels represent the primary distribution channel, though contractors play a crucial role in the commercial sector.
Key Drivers:
- Germany: Strong economy, high construction activity.
- United Kingdom: Large residential market, established retail infrastructure.
- France: Significant commercial construction, design-conscious consumer base.
- Residential Segment: High demand for comfort, aesthetics.
- Commercial Segment: Focus on durability, maintenance, cost-effectiveness.
- Retail Channel: Wide reach, established distribution networks.
Dominance Analysis: Germany holds the largest market share due to its robust economy and high construction rates. The residential segment dominates due to large household sizes and preference for carpet flooring. Retail channels remain the dominant distribution method due to established networks and customer accessibility.
Europe Carpet and Rugs Market Product Innovations
Recent product innovations focus on sustainable materials, improved durability, and enhanced functionalities. Manufacturers are incorporating recycled fibers and eco-friendly dyes, responding to growing environmental concerns. Advanced manufacturing techniques allow for intricate designs and textures, catering to diverse consumer preferences. Technological advancements in stain resistance, antimicrobial properties, and sound absorption further enhance product appeal. These innovations are crucial for maintaining market competitiveness and meeting evolving consumer needs.
Report Scope & Segmentation Analysis
This report segments the Europe carpet and rugs market by type (wall-to-wall tufted carpets, wall-to-wall woven carpets, rugs), application (residential, commercial), distribution channel (contractors, retail, other), and country (Germany, United Kingdom, France, Spain, Rest of Europe). Each segment is analyzed in terms of market size, growth projections, and competitive dynamics. The market size is estimated at USD xx Million in 2025 and is projected to reach USD xx Million by 2033. The report presents comprehensive insights into the growth trajectory of each segment and provides actionable intelligence on potential investment opportunities.
Key Drivers of Europe Carpet and Rugs Market Growth
Several factors drive the growth of the European carpet and rugs market. These include increased disposable incomes leading to higher spending on home improvement, growing urbanization and construction activity, a rising preference for comfortable and aesthetically pleasing home interiors, and the introduction of innovative product features. Furthermore, government initiatives promoting sustainable building materials contribute positively to market growth. The expansion of the commercial sector and the increasing demand for high-quality floor coverings in offices and public spaces also represent key drivers.
Challenges in the Europe Carpet and Rugs Market Sector
The Europe carpet and rugs market faces several challenges, including fluctuations in raw material prices, intense competition from substitute flooring materials, strict environmental regulations impacting manufacturing processes, and potential supply chain disruptions. Furthermore, the changing consumer preferences towards sustainable products necessitates significant investment in research and development of eco-friendly materials and production techniques. These factors can negatively impact profitability and hinder market growth if not addressed effectively.
Emerging Opportunities in Europe Carpet and Rugs Market
Emerging opportunities lie in the growing demand for sustainable and eco-friendly carpets, the increasing adoption of smart home technologies integrating with floor coverings, and the expansion of the commercial sector with demand for specialized flooring solutions. The market also offers opportunities for companies focused on customized designs and personalized services. These trends offer potential for innovation and growth for companies adapting to evolving consumer preferences and technological advancements.
Leading Players in the Europe Carpet and Rugs Market Market
- Agnella SA
- Tarkett/Desso
- MoquetasRols SA
- Burmatex
- Egetaepper AS
- Balsan
- Milliken
- Fletco Carpets AS
- Creatuft NV
- Associated Weavers
- Brintons Carpets
- Balta Group
- Royal Carpet SA
Key Developments in Europe Carpet and Rugs Market Industry
- November 2021: Victoria acquired Balta Group's rugs division for USD 141.5 Million, significantly impacting market consolidation.
- April 2022: Milliken & Company expanded its capacity by 60% through the acquisition of Zebra-chem GmbH, enhancing its production capabilities to meet growing market demands.
Future Outlook for Europe Carpet and Rugs Market Market
The Europe carpet and rugs market is poised for continued growth, driven by robust economic activity, increasing urbanization, and evolving consumer preferences. The focus on sustainability and technological innovation will further shape the market landscape, creating opportunities for companies offering eco-friendly and technologically advanced products. Strategic partnerships and collaborations will play a critical role in driving market expansion and shaping the future of the industry.
Europe Carpet and Rugs Market Segmentation
-
1. Type
- 1.1. Wall to Wall Tufted Carpets
- 1.2. Wall to Wall Woven Carpets
- 1.3. Rugs
-
2. Application
- 2.1. Residential
- 2.2. Commercial
-
3. Distribution Channel
- 3.1. Contractors
- 3.2. Retail
- 3.3. Other Distibution Channels
Europe Carpet and Rugs Market Segmentation By Geography
-
1. Europe
- 1.1. United Kingdom
- 1.2. Germany
- 1.3. France
- 1.4. Italy
- 1.5. Spain
- 1.6. Netherlands
- 1.7. Belgium
- 1.8. Sweden
- 1.9. Norway
- 1.10. Poland
- 1.11. Denmark

Europe Carpet and Rugs 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 3.00% 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 Online Sales is Driving the Market; Growing Urbanisation is Driving need for Small Appliances
- 3.3. Market Restrains
- 3.3.1. Changing Needs of Customers; Limited Usage of the Product
- 3.4. Market Trends
- 3.4.1. Germany Accounts for a Major Percentage of the Market Share in the Region
- 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. Europe Carpet and Rugs Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Wall to Wall Tufted Carpets
- 5.1.2. Wall to Wall Woven Carpets
- 5.1.3. Rugs
- 5.2. Market Analysis, Insights and Forecast - by Application
- 5.2.1. Residential
- 5.2.2. Commercial
- 5.3. Market Analysis, Insights and Forecast - by Distribution Channel
- 5.3.1. Contractors
- 5.3.2. Retail
- 5.3.3. Other Distibution Channels
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. Europe
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. Germany Europe Carpet and Rugs Market Analysis, Insights and Forecast, 2019-2031
- 7. France Europe Carpet and Rugs Market Analysis, Insights and Forecast, 2019-2031
- 8. Italy Europe Carpet and Rugs Market Analysis, Insights and Forecast, 2019-2031
- 9. United Kingdom Europe Carpet and Rugs Market Analysis, Insights and Forecast, 2019-2031
- 10. Netherlands Europe Carpet and Rugs Market Analysis, Insights and Forecast, 2019-2031
- 11. Sweden Europe Carpet and Rugs Market Analysis, Insights and Forecast, 2019-2031
- 12. Rest of Europe Europe Carpet and Rugs Market Analysis, Insights and Forecast, 2019-2031
- 13. Competitive Analysis
- 13.1. Market Share Analysis 2024
- 13.2. Company Profiles
- 13.2.1 Agnella SA
- 13.2.1.1. Overview
- 13.2.1.2. Products
- 13.2.1.3. SWOT Analysis
- 13.2.1.4. Recent Developments
- 13.2.1.5. Financials (Based on Availability)
- 13.2.2 Tarkett/Desso
- 13.2.2.1. Overview
- 13.2.2.2. Products
- 13.2.2.3. SWOT Analysis
- 13.2.2.4. Recent Developments
- 13.2.2.5. Financials (Based on Availability)
- 13.2.3 MoquetasRols SA
- 13.2.3.1. Overview
- 13.2.3.2. Products
- 13.2.3.3. SWOT Analysis
- 13.2.3.4. Recent Developments
- 13.2.3.5. Financials (Based on Availability)
- 13.2.4 Burmatex
- 13.2.4.1. Overview
- 13.2.4.2. Products
- 13.2.4.3. SWOT Analysis
- 13.2.4.4. Recent Developments
- 13.2.4.5. Financials (Based on Availability)
- 13.2.5 Egetaepper AS
- 13.2.5.1. Overview
- 13.2.5.2. Products
- 13.2.5.3. SWOT Analysis
- 13.2.5.4. Recent Developments
- 13.2.5.5. Financials (Based on Availability)
- 13.2.6 Balsan
- 13.2.6.1. Overview
- 13.2.6.2. Products
- 13.2.6.3. SWOT Analysis
- 13.2.6.4. Recent Developments
- 13.2.6.5. Financials (Based on Availability)
- 13.2.7 Milliken
- 13.2.7.1. Overview
- 13.2.7.2. Products
- 13.2.7.3. SWOT Analysis
- 13.2.7.4. Recent Developments
- 13.2.7.5. Financials (Based on Availability)
- 13.2.8 Fletco Carpets AS
- 13.2.8.1. Overview
- 13.2.8.2. Products
- 13.2.8.3. SWOT Analysis
- 13.2.8.4. Recent Developments
- 13.2.8.5. Financials (Based on Availability)
- 13.2.9 Creatuft NV
- 13.2.9.1. Overview
- 13.2.9.2. Products
- 13.2.9.3. SWOT Analysis
- 13.2.9.4. Recent Developments
- 13.2.9.5. Financials (Based on Availability)
- 13.2.10 Associated Weavers
- 13.2.10.1. Overview
- 13.2.10.2. Products
- 13.2.10.3. SWOT Analysis
- 13.2.10.4. Recent Developments
- 13.2.10.5. Financials (Based on Availability)
- 13.2.11 Brintons Carpets
- 13.2.11.1. Overview
- 13.2.11.2. Products
- 13.2.11.3. SWOT Analysis
- 13.2.11.4. Recent Developments
- 13.2.11.5. Financials (Based on Availability)
- 13.2.12 Balta Group
- 13.2.12.1. Overview
- 13.2.12.2. Products
- 13.2.12.3. SWOT Analysis
- 13.2.12.4. Recent Developments
- 13.2.12.5. Financials (Based on Availability)
- 13.2.13 Royal Carpet SA
- 13.2.13.1. Overview
- 13.2.13.2. Products
- 13.2.13.3. SWOT Analysis
- 13.2.13.4. Recent Developments
- 13.2.13.5. Financials (Based on Availability)
- 13.2.1 Agnella SA
List of Figures
- Figure 1: Europe Carpet and Rugs Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Europe Carpet and Rugs Market Share (%) by Company 2024
List of Tables
- Table 1: Europe Carpet and Rugs Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Europe Carpet and Rugs Market Volume K Unit Forecast, by Region 2019 & 2032
- Table 3: Europe Carpet and Rugs Market Revenue Million Forecast, by Type 2019 & 2032
- Table 4: Europe Carpet and Rugs Market Volume K Unit Forecast, by Type 2019 & 2032
- Table 5: Europe Carpet and Rugs Market Revenue Million Forecast, by Application 2019 & 2032
- Table 6: Europe Carpet and Rugs Market Volume K Unit Forecast, by Application 2019 & 2032
- Table 7: Europe Carpet and Rugs Market Revenue Million Forecast, by Distribution Channel 2019 & 2032
- Table 8: Europe Carpet and Rugs Market Volume K Unit Forecast, by Distribution Channel 2019 & 2032
- Table 9: Europe Carpet and Rugs Market Revenue Million Forecast, by Region 2019 & 2032
- Table 10: Europe Carpet and Rugs Market Volume K Unit Forecast, by Region 2019 & 2032
- Table 11: Europe Carpet and Rugs Market Revenue Million Forecast, by Country 2019 & 2032
- Table 12: Europe Carpet and Rugs Market Volume K Unit Forecast, by Country 2019 & 2032
- Table 13: Germany Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Germany Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 15: France Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: France Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 17: Italy Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: Italy Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 19: United Kingdom Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: United Kingdom Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 21: Netherlands Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Netherlands Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 23: Sweden Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: Sweden Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 25: Rest of Europe Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 26: Rest of Europe Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 27: Europe Carpet and Rugs Market Revenue Million Forecast, by Type 2019 & 2032
- Table 28: Europe Carpet and Rugs Market Volume K Unit Forecast, by Type 2019 & 2032
- Table 29: Europe Carpet and Rugs Market Revenue Million Forecast, by Application 2019 & 2032
- Table 30: Europe Carpet and Rugs Market Volume K Unit Forecast, by Application 2019 & 2032
- Table 31: Europe Carpet and Rugs Market Revenue Million Forecast, by Distribution Channel 2019 & 2032
- Table 32: Europe Carpet and Rugs Market Volume K Unit Forecast, by Distribution Channel 2019 & 2032
- Table 33: Europe Carpet and Rugs Market Revenue Million Forecast, by Country 2019 & 2032
- Table 34: Europe Carpet and Rugs Market Volume K Unit Forecast, by Country 2019 & 2032
- Table 35: United Kingdom Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 36: United Kingdom Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 37: Germany Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 38: Germany Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 39: France Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 40: France Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 41: Italy Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 42: Italy Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 43: Spain Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 44: Spain Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 45: Netherlands Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 46: Netherlands Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 47: Belgium Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 48: Belgium Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 49: Sweden Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 50: Sweden Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 51: Norway Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 52: Norway Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 53: Poland Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 54: Poland Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 55: Denmark Europe Carpet and Rugs Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 56: Denmark Europe Carpet and Rugs Market Volume (K Unit) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe Carpet and Rugs Market?
The projected CAGR is approximately 3.00%.
2. Which companies are prominent players in the Europe Carpet and Rugs Market?
Key companies in the market include Agnella SA, Tarkett/Desso, MoquetasRols SA, Burmatex, Egetaepper AS, Balsan, Milliken, Fletco Carpets AS, Creatuft NV, Associated Weavers, Brintons Carpets, Balta Group, Royal Carpet SA.
3. What are the main segments of the Europe Carpet and Rugs Market?
The market segments include Type, Application, Distribution Channel.
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 Online Sales is Driving the Market; Growing Urbanisation is Driving need for Small Appliances.
6. What are the notable trends driving market growth?
Germany Accounts for a Major Percentage of the Market Share in the Region.
7. Are there any restraints impacting market growth?
Changing Needs of Customers; Limited Usage of the Product.
8. Can you provide examples of recent developments in the market?
November 2021: UK-based Victoria, engaged in the manufacturing of carpets and floor coverings, acquired the rugs division of Balta Group for GBP 117 million (around USD 141.5 million). Balta Group is headquartered in Belgium and is the largest manufacturer of carpets in Europe.
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 and volume, measured in K Unit.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Europe Carpet and Rugs 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 Europe Carpet and Rugs 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 Europe Carpet and Rugs Market?
To stay informed about further developments, trends, and reports in the Europe Carpet and Rugs 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