Photomask Market, Global Outlook and Forecast 2022-2028

February 2022 | 75 pages | ID: PC31E49E0AF8EN
Market Monitor Global

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Photomasks are high-purity quartz or glass plates that contain a pattern of ICs. These are used in the reproduction of pattern structures for manufacturing printed circuit boards, electronic circuits, and LCD displays, and for the serial production of reticles and other microstructures.

Photomasks are used at wavelengths of 365 nm, 248 nm, and 193 nm. ICs are manufactured layer by layer, where each layer requires a unique photomask. As current generation ICs typically have 25-60 layers, the manufacturing process of photomasks has become complex.

This report contains market size and forecasts of Photomask in global, including the following market information:

Global Photomask Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Photomask Market Sales, 2017-2022, 2023-2028, (K Sqm)

Global top five Photomask companies in 2021 (%)

The global Photomask market was valued at 4675.7 million in 2021 and is projected to reach US$ 6370.3 million by 2028, at a CAGR of 4.5% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Quartz Mask Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Photomask include Photronics, Toppan, DNP, Hoya, SK-Electronics, LG Innotek, ????, ???? and Nippon Filcon, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Photomask manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Photomask Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)

Global Photomask Market Segment Percentages, by Type, 2021 (%)
  • Quartz Mask
  • Soda Mask
  • Toppan
  • Film
Global Photomask Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)

Global Photomask Market Segment Percentages, by Application, 2021 (%)
  • Semiconductor
  • Flat Panel Display
  • Touch Industry
  • Circuit Board
Global Photomask Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Sqm)

Global Photomask Market Segment Percentages, By Region and Country, 2021 (%)
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Russia
    • Nordic Countries
    • Benelux
    • Rest of Europe
  • Asia
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Rest of Asia
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Turkey
    • Israel
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Photomask revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Photomask revenues share in global market, 2021 (%)

Key companies Photomask sales in global market, 2017-2022 (Estimated), (K Sqm)

Key companies Photomask sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
  • Photronics
  • Toppan
  • DNP
  • Hoya
  • SK-Electronics
  • LG Innotek
  • ????
  • ????
  • Nippon Filcon
  • Compugraphics
  • ????
1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Photomask Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Photomask Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL PHOTOMASK OVERALL MARKET SIZE

2.1 Global Photomask Market Size: 2021 VS 2028
2.2 Global Photomask Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Photomask Sales: 2017-2028

3 COMPANY LANDSCAPE

3.1 Top Photomask Players in Global Market
3.2 Top Global Photomask Companies Ranked by Revenue
3.3 Global Photomask Revenue by Companies
3.4 Global Photomask Sales by Companies
3.5 Global Photomask Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Photomask Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Photomask Product Type
3.8 Tier 1, Tier 2 and Tier 3 Photomask Players in Global Market
  3.8.1 List of Global Tier 1 Photomask Companies
  3.8.2 List of Global Tier 2 and Tier 3 Photomask Companies

4 SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 By Type - Global Photomask Market Size Markets, 2021 & 2028
  4.1.2 Quartz Mask
  4.1.3 Soda Mask
  4.1.4 Toppan
  4.1.5 Film
4.2 By Type - Global Photomask Revenue & Forecasts
  4.2.1 By Type - Global Photomask Revenue, 2017-2022
  4.2.2 By Type - Global Photomask Revenue, 2023-2028
  4.2.3 By Type - Global Photomask Revenue Market Share, 2017-2028
4.3 By Type - Global Photomask Sales & Forecasts
  4.3.1 By Type - Global Photomask Sales, 2017-2022
  4.3.2 By Type - Global Photomask Sales, 2023-2028
  4.3.3 By Type - Global Photomask Sales Market Share, 2017-2028
4.4 By Type - Global Photomask Price (Manufacturers Selling Prices), 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Photomask Market Size, 2021 & 2028
  5.1.2 Semiconductor
  5.1.3 Flat Panel Display
  5.1.4 Touch Industry
  5.1.5 Circuit Board
5.2 By Application - Global Photomask Revenue & Forecasts
  5.2.1 By Application - Global Photomask Revenue, 2017-2022
  5.2.2 By Application - Global Photomask Revenue, 2023-2028
  5.2.3 By Application - Global Photomask Revenue Market Share, 2017-2028
5.3 By Application - Global Photomask Sales & Forecasts
  5.3.1 By Application - Global Photomask Sales, 2017-2022
  5.3.2 By Application - Global Photomask Sales, 2023-2028
  5.3.3 By Application - Global Photomask Sales Market Share, 2017-2028
5.4 By Application - Global Photomask Price (Manufacturers Selling Prices), 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Photomask Market Size, 2021 & 2028
6.2 By Region - Global Photomask Revenue & Forecasts
  6.2.1 By Region - Global Photomask Revenue, 2017-2022
  6.2.2 By Region - Global Photomask Revenue, 2023-2028
  6.2.3 By Region - Global Photomask Revenue Market Share, 2017-2028
6.3 By Region - Global Photomask Sales & Forecasts
  6.3.1 By Region - Global Photomask Sales, 2017-2022
  6.3.2 By Region - Global Photomask Sales, 2023-2028
  6.3.3 By Region - Global Photomask Sales Market Share, 2017-2028
6.4 North America
  6.4.1 By Country - North America Photomask Revenue, 2017-2028
  6.4.2 By Country - North America Photomask Sales, 2017-2028
  6.4.3 US Photomask Market Size, 2017-2028
  6.4.4 Canada Photomask Market Size, 2017-2028
  6.4.5 Mexico Photomask Market Size, 2017-2028
6.5 Europe
  6.5.1 By Country - Europe Photomask Revenue, 2017-2028
  6.5.2 By Country - Europe Photomask Sales, 2017-2028
  6.5.3 Germany Photomask Market Size, 2017-2028
  6.5.4 France Photomask Market Size, 2017-2028
  6.5.5 U.K. Photomask Market Size, 2017-2028
  6.5.6 Italy Photomask Market Size, 2017-2028
  6.5.7 Russia Photomask Market Size, 2017-2028
  6.5.8 Nordic Countries Photomask Market Size, 2017-2028
  6.5.9 Benelux Photomask Market Size, 2017-2028
6.6 Asia
  6.6.1 By Region - Asia Photomask Revenue, 2017-2028
  6.6.2 By Region - Asia Photomask Sales, 2017-2028
  6.6.3 China Photomask Market Size, 2017-2028
  6.6.4 Japan Photomask Market Size, 2017-2028
  6.6.5 South Korea Photomask Market Size, 2017-2028
  6.6.6 Southeast Asia Photomask Market Size, 2017-2028
  6.6.7 India Photomask Market Size, 2017-2028
6.7 South America
  6.7.1 By Country - South America Photomask Revenue, 2017-2028
  6.7.2 By Country - South America Photomask Sales, 2017-2028
  6.7.3 Brazil Photomask Market Size, 2017-2028
  6.7.4 Argentina Photomask Market Size, 2017-2028
6.8 Middle East & Africa
  6.8.1 By Country - Middle East & Africa Photomask Revenue, 2017-2028
  6.8.2 By Country - Middle East & Africa Photomask Sales, 2017-2028
  6.8.3 Turkey Photomask Market Size, 2017-2028
  6.8.4 Israel Photomask Market Size, 2017-2028
  6.8.5 Saudi Arabia Photomask Market Size, 2017-2028
  6.8.6 UAE Photomask Market Size, 2017-2028

7 MANUFACTURERS & BRANDS PROFILES

7.1 Photronics
  7.1.1 Photronics Corporate Summary
  7.1.2 Photronics Business Overview
  7.1.3 Photronics Photomask Major Product Offerings
  7.1.4 Photronics Photomask Sales and Revenue in Global (2017-2022)
  7.1.5 Photronics Key News
7.2 Toppan
  7.2.1 Toppan Corporate Summary
  7.2.2 Toppan Business Overview
  7.2.3 Toppan Photomask Major Product Offerings
  7.2.4 Toppan Photomask Sales and Revenue in Global (2017-2022)
  7.2.5 Toppan Key News
7.3 DNP
  7.3.1 DNP Corporate Summary
  7.3.2 DNP Business Overview
  7.3.3 DNP Photomask Major Product Offerings
  7.3.4 DNP Photomask Sales and Revenue in Global (2017-2022)
  7.3.5 DNP Key News
7.4 Hoya
  7.4.1 Hoya Corporate Summary
  7.4.2 Hoya Business Overview
  7.4.3 Hoya Photomask Major Product Offerings
  7.4.4 Hoya Photomask Sales and Revenue in Global (2017-2022)
  7.4.5 Hoya Key News
7.5 SK-Electronics
  7.5.1 SK-Electronics Corporate Summary
  7.5.2 SK-Electronics Business Overview
  7.5.3 SK-Electronics Photomask Major Product Offerings
  7.5.4 SK-Electronics Photomask Sales and Revenue in Global (2017-2022)
  7.5.5 SK-Electronics Key News
7.6 LG Innotek
  7.6.1 LG Innotek Corporate Summary
  7.6.2 LG Innotek Business Overview
  7.6.3 LG Innotek Photomask Major Product Offerings
  7.6.4 LG Innotek Photomask Sales and Revenue in Global (2017-2022)
  7.6.5 LG Innotek Key News
7.7 ????
  7.7.1 ???? Corporate Summary
  7.7.2 ???? Business Overview
  7.7.3 ???? Photomask Major Product Offerings
  7.7.4 ???? Photomask Sales and Revenue in Global (2017-2022)
  7.7.5 ???? Key News
7.8 ????
  7.8.1 ???? Corporate Summary
  7.8.2 ???? Business Overview
  7.8.3 ???? Photomask Major Product Offerings
  7.8.4 ???? Photomask Sales and Revenue in Global (2017-2022)
  7.8.5 ???? Key News
7.9 Nippon Filcon
  7.9.1 Nippon Filcon Corporate Summary
  7.9.2 Nippon Filcon Business Overview
  7.9.3 Nippon Filcon Photomask Major Product Offerings
  7.9.4 Nippon Filcon Photomask Sales and Revenue in Global (2017-2022)
  7.9.5 Nippon Filcon Key News
7.10 Compugraphics
  7.10.1 Compugraphics Corporate Summary
  7.10.2 Compugraphics Business Overview
  7.10.3 Compugraphics Photomask Major Product Offerings
  7.10.4 Compugraphics Photomask Sales and Revenue in Global (2017-2022)
  7.10.5 Compugraphics Key News
7.11 ????
  7.11.1 ???? Corporate Summary
  7.11.2 ???? Photomask Business Overview
  7.11.3 ???? Photomask Major Product Offerings
  7.11.4 ???? Photomask Sales and Revenue in Global (2017-2022)
  7.11.5 ???? Key News

8 GLOBAL PHOTOMASK PRODUCTION CAPACITY, ANALYSIS

8.1 Global Photomask Production Capacity, 2017-2028
8.2 Photomask Production Capacity of Key Manufacturers in Global Market
8.3 Global Photomask Production by Region

9 KEY MARKET TRENDS, OPPORTUNITY, DRIVERS AND RESTRAINTS

9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints

10 PHOTOMASK SUPPLY CHAIN ANALYSIS

10.1 Photomask Industry Value Chain
10.2 Photomask Upstream Market
10.3 Photomask Downstream and Clients
10.4 Marketing Channels Analysis
  10.4.1 Marketing Channels
  10.4.2 Photomask Distributors and Sales Agents in Global

11 CONCLUSION

12 APPENDIX

12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
LIST OF TABLES

Table 1. Key Players of Photomask in Global Market
Table 2. Top Photomask Players in Global Market, Ranking by Revenue (2021)
Table 3. Global Photomask Revenue by Companies, (US$, Mn), 2017-2022
Table 4. Global Photomask Revenue Share by Companies, 2017-2022
Table 5. Global Photomask Sales by Companies, (K Sqm), 2017-2022
Table 6. Global Photomask Sales Share by Companies, 2017-2022
Table 7. Key Manufacturers Photomask Price (2017-2022) & (USD/Sqm)
Table 8. Global Manufacturers Photomask Product Type
Table 9. List of Global Tier 1 Photomask Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Photomask Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Photomask Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Global Photomask Revenue (US$, Mn), 2017-2022
Table 13. By Type - Global Photomask Revenue (US$, Mn), 2023-2028
Table 14. By Type - Global Photomask Sales (K Sqm), 2017-2022
Table 15. By Type - Global Photomask Sales (K Sqm), 2023-2028
Table 16. By Application – Global Photomask Revenue, (US$, Mn), 2021 & 2028
Table 17. By Application - Global Photomask Revenue (US$, Mn), 2017-2022
Table 18. By Application - Global Photomask Revenue (US$, Mn), 2023-2028
Table 19. By Application - Global Photomask Sales (K Sqm), 2017-2022
Table 20. By Application - Global Photomask Sales (K Sqm), 2023-2028
Table 21. By Region – Global Photomask Revenue, (US$, Mn), 2021 VS 2028
Table 22. By Region - Global Photomask Revenue (US$, Mn), 2017-2022
Table 23. By Region - Global Photomask Revenue (US$, Mn), 2023-2028
Table 24. By Region - Global Photomask Sales (K Sqm), 2017-2022
Table 25. By Region - Global Photomask Sales (K Sqm), 2023-2028
Table 26. By Country - North America Photomask Revenue, (US$, Mn), 2017-2022
Table 27. By Country - North America Photomask Revenue, (US$, Mn), 2023-2028
Table 28. By Country - North America Photomask Sales, (K Sqm), 2017-2022
Table 29. By Country - North America Photomask Sales, (K Sqm), 2023-2028
Table 30. By Country - Europe Photomask Revenue, (US$, Mn), 2017-2022
Table 31. By Country - Europe Photomask Revenue, (US$, Mn), 2023-2028
Table 32. By Country - Europe Photomask Sales, (K Sqm), 2017-2022
Table 33. By Country - Europe Photomask Sales, (K Sqm), 2023-2028
Table 34. By Region - Asia Photomask Revenue, (US$, Mn), 2017-2022
Table 35. By Region - Asia Photomask Revenue, (US$, Mn), 2023-2028
Table 36. By Region - Asia Photomask Sales, (K Sqm), 2017-2022
Table 37. By Region - Asia Photomask Sales, (K Sqm), 2023-2028
Table 38. By Country - South America Photomask Revenue, (US$, Mn), 2017-2022
Table 39. By Country - South America Photomask Revenue, (US$, Mn), 2023-2028
Table 40. By Country - South America Photomask Sales, (K Sqm), 2017-2022
Table 41. By Country - South America Photomask Sales, (K Sqm), 2023-2028
Table 42. By Country - Middle East & Africa Photomask Revenue, (US$, Mn), 2017-2022
Table 43. By Country - Middle East & Africa Photomask Revenue, (US$, Mn), 2023-2028
Table 44. By Country - Middle East & Africa Photomask Sales, (K Sqm), 2017-2022
Table 45. By Country - Middle East & Africa Photomask Sales, (K Sqm), 2023-2028
Table 46. Photronics Corporate Summary
Table 47. Photronics Photomask Product Offerings
Table 48. Photronics Photomask Sales (K Sqm), Revenue (US$, Mn) and Average Price (USD/Sqm) (2017-2022)
Table 49. Toppan Corporate Summary
Table 50. Toppan Photomask Product Offerings
Table 51. Toppan Photomask Sales (K Sqm), Revenue (US$, Mn) and Average Price (USD/Sqm) (2017-2022)
Table 52. DNP Corporate Summary
Table 53. DNP Photomask Product Offerings
Table 54. DNP Photomask Sales (K Sqm), Revenue (US$, Mn) and Average Price (USD/Sqm) (2017-2022)
Table 55. Hoya Corporate Summary
Table 56. Hoya Photomask Product Offerings
Table 57. Hoya Photomask Sales (K Sqm), Revenue (US$, Mn) and Average Price (USD/Sqm) (2017-2022)
Table 58. SK-Electronics Corporate Summary
Table 59. SK-Electronics Photomask Product Offerings
Table 60. SK-Electronics Photomask Sales (K Sqm), Revenue (US$, Mn) and Average Price (USD/Sqm) (2017-2022)
Table 61. LG Innotek Corporate Summary
Table 62. LG Innotek Photomask Product Offerings
Table 63. LG Innotek Photomask Sales (K Sqm), Revenue (US$, Mn) and Average Price (USD/Sqm) (2017-2022)
Table 64. ???? Corporate Summary
Table 65. ???? Photomask Product Offerings
Table 66. ???? Photomask Sales (K Sqm), Revenue (US$, Mn) and Average Price (USD/Sqm) (2017-2022)
Table 67. ???? Corporate Summary
Table 68. ???? Photomask Product Offerings
Table 69. ???? Photomask Sales (K Sqm), Revenue (US$, Mn) and Average Price (USD/Sqm) (2017-2022)
Table 70. Nippon Filcon Corporate Summary
Table 71. Nippon Filcon Photomask Product Offerings
Table 72. Nippon Filcon Photomask Sales (K Sqm), Revenue (US$, Mn) and Average Price (USD/Sqm) (2017-2022)
Table 73. Compugraphics Corporate Summary
Table 74. Compugraphics Photomask Product Offerings
Table 75. Compugraphics Photomask Sales (K Sqm), Revenue (US$, Mn) and Average Price (USD/Sqm) (2017-2022)
Table 76. ???? Corporate Summary
Table 77. ???? Photomask Product Offerings
Table 78. ???? Photomask Sales (K Sqm), Revenue (US$, Mn) and Average Price (USD/Sqm) (2017-2022)
Table 79. Photomask Production Capacity (K Sqm) of Key Manufacturers in Global Market, 2020-2022 (K Sqm)
Table 80. Global Photomask Capacity Market Share of Key Manufacturers, 2020-2022
Table 81. Global Photomask Production by Region, 2017-2022 (K Sqm)
Table 82. Global Photomask Production by Region, 2023-2028 (K Sqm)
Table 83. Photomask Market Opportunities & Trends in Global Market
Table 84. Photomask Market Drivers in Global Market
Table 85. Photomask Market Restraints in Global Market
Table 86. Photomask Raw Materials
Table 87. Photomask Raw Materials Suppliers in Global Market
Table 88. Typical Photomask Downstream
Table 89. Photomask Downstream Clients in Global Market
Table 90. Photomask Distributors and Sales Agents in Global Market

LIST OF FIGURES

Figure 1. Photomask Segment by Type
Figure 2. Photomask Segment by Application
Figure 3. Global Photomask Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Photomask Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Photomask Revenue, 2017-2028 (US$, Mn)
Figure 7. Photomask Sales in Global Market: 2017-2028 (K Sqm)
Figure 8. The Top 3 and 5 Players Market Share by Photomask Revenue in 2021
Figure 9. By Type - Global Photomask Sales Market Share, 2017-2028
Figure 10. By Type - Global Photomask Revenue Market Share, 2017-2028
Figure 11. By Type - Global Photomask Price (USD/Sqm), 2017-2028
Figure 12. By Application - Global Photomask Sales Market Share, 2017-2028
Figure 13. By Application - Global Photomask Revenue Market Share, 2017-2028
Figure 14. By Application - Global Photomask Price (USD/Sqm), 2017-2028
Figure 15. By Region - Global Photomask Sales Market Share, 2017-2028
Figure 16. By Region - Global Photomask Revenue Market Share, 2017-2028
Figure 17. By Country - North America Photomask Revenue Market Share, 2017-2028
Figure 18. By Country - North America Photomask Sales Market Share, 2017-2028
Figure 19. US Photomask Revenue, (US$, Mn), 2017-2028
Figure 20. Canada Photomask Revenue, (US$, Mn), 2017-2028
Figure 21. Mexico Photomask Revenue, (US$, Mn), 2017-2028
Figure 22. By Country - Europe Photomask Revenue Market Share, 2017-2028
Figure 23. By Country - Europe Photomask Sales Market Share, 2017-2028
Figure 24. Germany Photomask Revenue, (US$, Mn), 2017-2028
Figure 25. France Photomask Revenue, (US$, Mn), 2017-2028
Figure 26. U.K. Photomask Revenue, (US$, Mn), 2017-2028
Figure 27. Italy Photomask Revenue, (US$, Mn), 2017-2028
Figure 28. Russia Photomask Revenue, (US$, Mn), 2017-2028
Figure 29. Nordic Countries Photomask Revenue, (US$, Mn), 2017-2028
Figure 30. Benelux Photomask Revenue, (US$, Mn), 2017-2028
Figure 31. By Region - Asia Photomask Revenue Market Share, 2017-2028
Figure 32. By Region - Asia Photomask Sales Market Share, 2017-2028
Figure 33. China Photomask Revenue, (US$, Mn), 2017-2028
Figure 34. Japan Photomask Revenue, (US$, Mn), 2017-2028
Figure 35. South Korea Photomask Revenue, (US$, Mn), 2017-2028
Figure 36. Southeast Asia Photomask Revenue, (US$, Mn), 2017-2028
Figure 37. India Photomask Revenue, (US$, Mn), 2017-2028
Figure 38. By Country - South America Photomask Revenue Market Share, 2017-2028
Figure 39. By Country - South America Photomask Sales Market Share, 2017-2028
Figure 40. Brazil Photomask Revenue, (US$, Mn), 2017-2028
Figure 41. Argentina Photomask Revenue, (US$, Mn), 2017-2028
Figure 42. By Country - Middle East & Africa Photomask Revenue Market Share, 2017-2028
Figure 43. By Country - Middle East & Africa Photomask Sales Market Share, 2017-2028
Figure 44. Turkey Photomask Revenue, (US$, Mn), 2017-2028
Figure 45. Israel Photomask Revenue, (US$, Mn), 2017-2028
Figure 46. Saudi Arabia Photomask Revenue, (US$, Mn), 2017-2028
Figure 47. UAE Photomask Revenue, (US$, Mn), 2017-2028
Figure 48. Global Photomask Production Capacity (K Sqm), 2017-2028
Figure 49. The Percentage of Production Photomask by Region, 2021 VS 2028
Figure 50. Photomask Industry Value Chain
Figure 51. Marketing Channels


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