1. Sales
  2. Forecasting

Market Growth Rate Forecast

Percentage

Estimates the expected growth rate of the market, providing insight for potential sales growth and strategic positioning.

Formula

((Forecasted Market Volume - Current Market Volume) / Current Market Volume) * 100

Example

If the current market volume is $1M and the forecast for the next year is $1.1M, the growth rate forecast is (($1.1M - $1M) / $1M) * 100 = 10%.