A Report on Estimating Market Size
INTERNATIONAL BUSIBESS
Prof. Balaji Krishnan C
Submitted by: Ashis Ranjan Section A Reg no.-11SBCM10022
1. Classification of Western European markets size based on regression method. On the basis of excel sheet calculation table given below shows the attractiveness of market size in different countries-
Countries Belgium
ICPB MA
ACPB MA
Denmark
UA
UA
France
MA
MA
Germany
VA
MA
Greece
UA
MA
Italy
MA
MA
Netherlands
UA
UA
Portugal
UA
UA
Spain
UA
UA
United Kingdom
UA
UA
VA- VERY ATTRACTIVE
MA- MODERATELY ATTRACTIVE
UN-UNATTRACTIVE
INTERPRETATION In the above table which shows different attractive market size we can see that market of Germany is more attractive comparison to the market of other countries.
2. Comparison of market based on growth rate: As per the given data of different growth rates fo all ten countries in excel sheet r provided. y It is transparent that growth rate ICPB is higher in Spain with 13.20% comparison to the other countries. y Growth rate of ACBP in Germany is 13.80% which is better than the other countries. Here it is clearly identified that we are getting two different markets for both product.
But due to change in growth rate resulted market size of Germany for both the products ICPB and ACPB are 2446996 and 4778408 respectively which are far better than the other markets. So here again we find that there is no change in the market attractiveness Germanys market still positioned well.
[Link] there is no at all change attractiveness of the market of Germany based on import and export data because import of medical equipment in the country is(15,94,366) more than the export of medical equipment(6,43,894).Which clearly opens the gate of entry in the market with high consumption of 9,50,472 better than the other countries as mentioned in the excel [Link] than Germany Netherland and UK markets are attractive.