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Market size of aluminum foil?

Market sizing
Letzte Aktivität am 2. Apr. 2018
4 Antworten
2,8 T. Views
Anonym A fragte am 30. März 2018

I came across an interesting question regarding estimating the market size of the alumnum foil industry in the US. I was completely stumped on how to approach it and was wondering if the community could offer their insight?

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Vlad
Experte
bearbeitete eine Antwort am 30. März 2018
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi,

First of all, I would check whether it's a b2b or b2c market or both.

If b2c - agree with the previous one

If b2b, than = meals per person * % meals out of home * % meals with foil / ±3 portions prepared on a single foil * size of the one foil to cook / foils in one package

+ I would at least mention other potential b2b usages of foil, e.g. packaging

Best

(editiert)

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Retired
Experte
antwortete am 2. Apr. 2018
Former BCG interviewer

For B2B I would actually clarify with the interviewer if she is referring to food grade aluminium foil only or industrial aluminium foil in general. If the latter, then - assuming you are no expert in aluminium foil market - I would start a discussion to understand what the market segments (e.g. heat shielding, medicine packaging, etc) are and once that is cleared I would take the standard market sizing approach and size each one of these based on assumptions.

Hope it helps,

Andrea

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1
B
Experte
antwortete am 31. März 2018
NOT AVAILABLE

Hey anonymous,

I agree with Vlad point on B2B, and you should definitely mention packaging as its consumption is much larger than uses for domestic purposes (not even sure if there’s any other b2b industry that consumes more!)

Best

Bruno

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Anonym B antwortete am 30. März 2018

For consumer segment:

Pop us * 1/people per HH * % use aluminium foil * # foil packs per quarter * 4 quarters * usd per pack

then add another 25% extrapolating for businesses

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