Passport Holder Market Size, and Growth Report 2020-2027

Passport Holder Market Size, Share, Growth & Trend Analysis Report By Major Segments, Regions, and Leading Players Forecast, by 2020 - 2027


Report ID:FR100594       Category:Business      No of Pages: 123


Industry Outlook and Progression Analysis

Futuristic Research envisions the Compound Annual Growth Rate boosts on the Passport Holder Market that will substantially grow at an estimated forecast of 2020 to 2027. Our research report aims to clarify the market's condition and classifies it into portions. The Passport Holder report considers the major players from leading regions across the world. Our study illustrates the size and share of the market, status, Passport Holder industry trends, growth rate, competitive landscape, opportunities, driving economy facets, restraints, and challenges.

Drivers and Restraints

Top-down and bottom-up approaches are utilized to validate that the global Passport Holder market and estimate that the industry size for the company, regional sections, type segmentation, and application (end-users) segmentation. Both bottom-up and top-down approaches were broadly used, together with data triangulation approaches, for market forecasting and market assessment for market sections and sub-sections. Extensive Passport Holder analysis that was quantitative and qualitative is done from the numbers incorporated using the market engineered process that is comprehensive to list the key information in the report.

Major Segments covered in the Report

By Types

✼ Leather

✼ Plastic

By Applications

✼ Personal

✼ Commercial

Regional Insights

The Passport Holder information for 2019 is a projection based on the historical data and the integral perspective of industry pros, players, vendors, and end-users, etc.

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Columbia
    • Rest of South America
  • The Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of MEA

Competitive Analysis

The players in the market are profiled in a meticulous approach of qualities, as instances like company portfolio, Passport Holder industry plans, financial review, recent advancements, and also market share in the industry.


⨁ Smythson Grosvenor

⨁ MCM


⨁ Louis Vuitton

⨁ Aspinal
⨁ Mulberry

⨁ Tumi

⨁ Montblanc

⨁ Globe-Trotter

⨁ Bottega Veneta

⨁ Liberty London

Significant Points Covered in the Report are:

  • The points which are discussed/included in the report are the significant Passport Holder market players actively involved in the market along with the data comprising about raw material suppliers, end-users, clients, traders, vendors, etc;
  • The complete profile of these businesses is cited in the Passport Holder report. The capability, production, price, revenue, cost, gross margin, sales volume, sales revenue, ingestion, growth rate, import, export, plans, and also the technological advancements they are making are included;
  • The Passport Holder report examines the forecast and historical data for over ten years;
  • The growth points of the current sector are discussed in detail, wherein the market's different end-users are clarified in detail;
  • Data and Passport Holder information by regional insights, by niche player, by type, by application, and customization can be done according to specific client requirements;
  • The information on strategies adopted by major players to sustain adaptation in the competitive market;
  • The Passport Holder report comprises this market's various analysis methods. Finally, the report consists of opinions about the market experts are included;

The global and regional market is thoroughly covered in the report with various analysis techniques considering overall growth. Moreover, it highlights the all-inclusive competitive scenario of the global industry. A dashboard overview of the report with of leading players engaging in their successful strategies in the market, their contribution, recent technological developments in both historic and present contexts.
  • By Product Types
  • By End Users/Applications
  • By Technology
  • By Region
detailed evaluation of the market is provided in the report by highlighting key intelligence on different facets which encompass major drivers, restraints, industry opportunities, and threats. This information can help contributor to make pertinent decisions.


1. Passport Holder Introduction and Market Overview
1.1 Objectives of the Study
1.2 Definition of Passport Holder
1.3 Passport Holder Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Passport Holder Value ($) and Growth Rate from 2016-2027
1.4 Market Segmentation
1.4.1 Types of Passport Holder
1.4.2 Applications of Passport Holder
1.4.3 Research Regions
1.4.3.1 North America Passport Holder Production Value ($) and Growth Rate (2016-2020)
1.4.3.2 Europe Passport Holder Production Value ($) and Growth Rate (2016-2020)
1.4.3.3 China Passport Holder Production Value ($) and Growth Rate (2016-2020)
1.4.3.4 Japan Passport Holder Production Value ($) and Growth Rate (2016-2020)
1.4.3.5 Middle East & Africa Passport Holder Production Value ($) and Growth Rate (2016-2020)
1.4.3.6 India Passport Holder Production Value ($) and Growth Rate (2016-2020)
1.4.3.7 South America Passport Holder Production Value ($) and Growth Rate (2016-2020)
1.5 Market Dynamics
1.5.1 Drivers
1.5.1.1 Emerging Countries of Passport Holder
1.5.1.2 Growing Market of Passport Holder
1.5.2 Limitations
1.5.3 Opportunities
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies

2 Industry Chain Analysis
2.1 Upstream Raw Material Suppliers of Passport Holder Analysis
2.2 Major Players of Passport Holder
2.2.1 Major Players Manufacturing Base and Market Share of Passport Holder in 2019
2.2.2 Major Players Product Types in 2019
2.3 Passport Holder Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Passport Holder
2.3.3 Raw Material Cost of Passport Holder
2.3.4 Labor Cost of Passport Holder
2.4 Market Channel Analysis of Passport Holder
2.5 Major Downstream Buyers of Passport Holder Analysis

3 Global Passport Holder Market, by Type
3.1 Global Passport Holder Value ($) and Market Share by Leather
3.2 Global Passport Holder Production and Market Share by Plastic
3.3 Global Passport Holder Value ($) and Growth Rate by type3

4 Passport Holder Market, by Application
4.1 Global Passport Holder Consumption and Market Share by Personal
4.2 Downstream Buyers by Commercial
4.3 Global Passport Holder Consumption and Growth Rate by application3

5 Global Passport Holder Production, Value ($) by Region (2016-2020)
5.1 Global Passport Holder Value ($) and Market Share by Region (2016-2020)
5.2 Global Passport Holder Production and Market Share by Region (2016-2020)
5.3 Global Passport Holder Production, Value ($), Price and Gross Margin (2016-2020)
5.4 North America Passport Holder Production, Value ($), Price and Gross Margin (2016-2020)
5.5 Europe Passport Holder Production, Value ($), Price and Gross Margin (2016-2020)
5.6 China Passport Holder Production, Value ($), Price and Gross Margin (2016-2020)
5.7 Japan Passport Holder Production, Value ($), Price and Gross Margin (2016-2020)
5.8 Middle East & Africa Passport Holder Production, Value ($), Price and Gross Margin (2016-2020)
5.9 India Passport Holder Production, Value ($), Price and Gross Margin (2016-2020)
5.10 South America Passport Holder Production, Value ($), Price and Gross Margin (2016-2020)

6 Global Passport Holder Production, Consumption, Export, Import by Regions (2016-2020)
6.1 Global Passport Holder Consumption by Regions (2016-2020)
6.2 North America Passport Holder Production, Consumption, Export, Import (2016-2020)
6.3 Europe Passport Holder Production, Consumption, Export, Import (2016-2020)
6.4 China Passport Holder Production, Consumption, Export, Import (2016-2020)
6.5 Japan Passport Holder Production, Consumption, Export, Import (2016-2020)
6.6 Middle East & Africa Passport Holder Production, Consumption, Export, Import (2016-2020)
6.7 India Passport Holder Production, Consumption, Export, Import (2016-2020)
6.8 South America Passport Holder Production, Consumption, Export, Import (2016-2020)

7 Global Passport Holder Market Status and SWOT Analysis by Regions
7.1 North America Passport Holder Market Status and SWOT Analysis
7.2 Europe Passport Holder Market Status and SWOT Analysis
7.3 China Passport Holder Market Status and SWOT Analysis
7.4 Japan Passport Holder Market Status and SWOT Analysis
7.5 Middle East & Africa Passport Holder Market Status and SWOT Analysis
7.6 India Passport Holder Market Status and SWOT Analysis
7.7 South America Passport Holder Market Status and SWOT Analysis

8 Competitive Landscape  
8.1 Competitive Profile
8.2 Mulberry
8.2.1 Company Profiles
8.2.2 Passport Holder Product Introduction
8.2.3 Mulberry Production, Value ($), Price, Gross Margin 2016-2020
8.2.4 Mulberry Market Share of Passport Holder Segmented by Region in 2019
8.3 Louis Vuitton
8.3.1 Company Profiles
8.3.2 Passport Holder Product Introduction
8.3.3 Louis Vuitton Production, Value ($), Price, Gross Margin 2016-2020
8.3.4 Louis Vuitton Market Share of Passport Holder Segmented by Region in 2019
8.4 Smythson Grosvenor
8.4.1 Company Profiles
8.4.2 Passport Holder Product Introduction
8.4.3 Smythson Grosvenor Production, Value ($), Price, Gross Margin 2016-2020
8.4.4 Smythson Grosvenor Market Share of Passport Holder Segmented by Region in 2019
8.5 Tumi
8.5.1 Company Profiles
8.5.2 Passport Holder Product Introduction
8.5.3 Tumi Production, Value ($), Price, Gross Margin 2016-2020
8.5.4 Tumi Market Share of Passport Holder Segmented by Region in 2019
8.6 Aspinal
8.6.1 Company Profiles
8.6.2 Passport Holder Product Introduction
8.6.3 Aspinal Production, Value ($), Price, Gross Margin 2016-2020
8.6.4 Aspinal Market Share of Passport Holder Segmented by Region in 2019
8.7 Montblanc
8.7.1 Company Profiles
8.7.2 Passport Holder Product Introduction
8.7.3 Montblanc Production, Value ($), Price, Gross Margin 2016-2020
8.7.4 Montblanc Market Share of Passport Holder Segmented by Region in 2019
8.8 MCM
8.8.1 Company Profiles
8.8.2 Passport Holder Product Introduction
8.8.3 MCM Production, Value ($), Price, Gross Margin 2016-2020
8.8.4 MCM Market Share of Passport Holder Segmented by Region in 2019
8.9 Globe-Trotter
8.9.1 Company Profiles
8.9.2 Passport Holder Product Introduction
8.9.3 Globe-Trotter Production, Value ($), Price, Gross Margin 2016-2020
8.9.4 Globe-Trotter Market Share of Passport Holder Segmented by Region in 2019
8.10 Liberty London
8.10.1 Company Profiles
8.10.2 Passport Holder Product Introduction
8.10.3 Liberty London Production, Value ($), Price, Gross Margin 2016-2020
8.10.4 Liberty London Market Share of Passport Holder Segmented by Region in 2019
8.11 Bottega Veneta
8.11.1 Company Profiles
8.11.2 Passport Holder Product Introduction
8.11.3 Bottega Veneta Production, Value ($), Price, Gross Margin 2016-2020
8.11.4 Bottega Veneta Market Share of Passport Holder Segmented by Region in 2019

9 Global Passport Holder Market Analysis and Forecast by Type and Application
9.1 Global Passport Holder Market Value ($) & Volume Forecast, by Type (2020-2027)
9.1.1 Software and hardware Market Value ($) and Volume Forecast (2020-2027)
9.1.2 Smart transmission and distribution (T&D) equipment Market Value ($) and Volume Forecast (2020-2027)
9.1.3 Smart meters Market Value ($) and Volume Forecast (2020-2027)
9.1.4 Communication and wireless network infrastructure Market Value ($) and Volume Forecast (2020-2027)
9.1.5 Sensors Market Value ($) and Volume Forecast (2020-2027)
9.2 Global Passport Holder Market Value ($) & Volume Forecast, by Application (2020-2027)
9.2.1 Consulting Market Value ($) and Volume Forecast (2020-2027)
9.2.2 Deployment & Integration Market Value ($) and Volume Forecast (2020-2027)
9.2.3 Support & Maintenance Market Value ($) and Volume Forecast (2020-2027)

10 Passport Holder Market Analysis and Forecast by Region
10.1 North America Market Value ($) and Consumption Forecast (2020-2027)
10.2 Europe Market Value ($) and Consumption Forecast (2020-2027)
10.3 China Market Value ($) and Consumption Forecast (2020-2027)
10.4 Japan Market Value ($) and Consumption Forecast (2020-2027)
10.5 Middle East & Africa Market Value ($) and Consumption Forecast (2020-2027)
10.6 India Market Value ($) and Consumption Forecast (2020-2027)
10.7 South America Market Value ($) and Consumption Forecast (2020-2027)

11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment

12 Research Finding and Conclusion

13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store
13.3 Research Data Source
13.4 Research Assumptions and Acronyms Used



Tables and Figures


Figure Product Picture of Passport Holder
Table Product Specification of Passport Holder
Figure Market Concentration Ratio and Market Maturity Analysis of Passport Holder
Figure Global Passport Holder Value ($) and Growth Rate from 2016-2027
Table Different Types of Passport Holder
Figure Global Passport Holder Value ($) Segment by Type from 2016-2020
Figure Leather Picture
Figure Plastic Picture
Figure type3 Picture
Table Different Applications of Passport Holder
Figure Global Passport Holder Value ($) Segment by Applications from 2016-2020
Figure Personal Picture
Figure Commercial Picture
Figure application3 Picture
Table Research Regions of Passport Holder
Figure North America Passport Holder Production Value ($) and Growth Rate (2016-2020)
Figure Europe Passport Holder Production Value ($) and Growth Rate (2016-2020)
Table China Passport Holder Production Value ($) and Growth Rate (2016-2020)
Table Japan Passport Holder Production Value ($) and Growth Rate (2016-2020)
Table Middle East & Africa Passport Holder Production Value ($) and Growth Rate (2016-2020)
Table India Passport Holder Production Value ($) and Growth Rate (2016-2020)
Table South America Passport Holder Production Value ($) and Growth Rate (2016-2020)
Table Emerging Countries of Passport Holder
Table Growing Market of Passport Holder
Figure Industry Chain Analysis of Passport Holder
Table Upstream Raw Material Suppliers of Passport Holder with Contact Information
Table Major Players Manufacturing Base and Market Share ($) of Passport Holder in 2019
Table Major Players Passport Holder Product Types in 2019
Figure Production Process of Passport Holder
Figure Manufacturing Cost Structure of Passport Holder
Figure Channel Status of Passport Holder
Table Major Distributors of Passport Holder with Contact Information
Table Major Downstream Buyers of Passport Holder with Contact Information
Table Global Passport Holder Value ($) by Type (2016-2020)
Table Global Passport Holder Value ($) Share by Type (2016-2020)
Figure Global Passport Holder Value ($) Share by Type (2016-2020)
Table Global Passport Holder Production by Type (2016-2020)
Table Global Passport Holder Production Share by Type (2016-2020)
Figure Global Passport Holder Production Share by Type (2016-2020)
Figure Global Passport Holder Value ($) and Growth Rate of Leather
Figure Global Passport Holder Value ($) and Growth Rate of Plastic
Figure Global Passport Holder Value ($) and Growth Rate of type3
Figure Global Passport Holder Price by Type (2016-2020)
Table Global Passport Holder Consumption by Application (2016-2020)
Table Global Passport Holder Consumption Market Share by Application (2016-2020)
Figure Global Passport Holder Consumption Market Share by Application (2016-2020)
Table Downstream Buyers Introduction by Application
Figure Global Passport Holder Consumption and Growth Rate of Personal (2016-2020)
Figure Global Passport Holder Consumption and Growth Rate of Commercial (2016-2020)
Figure Global Passport Holder Consumption and Growth Rate of application3 (2016-2020)
Table Global Passport Holder Value ($) by Region (2016-2020)
Table Global Passport Holder Value ($) Market Share by Region (2016-2020)
Figure Global Passport Holder Value ($) Market Share by Region (2016-2020)
Table Global Passport Holder Production by Region (2016-2020)
Table Global Passport Holder Production Market Share by Region (2016-2020)
Figure Global Passport Holder Production Market Share by Region (2016-2020)
Table Global Passport Holder Production, Value ($), Price and Gross Margin (2016-2020)
Table North America Passport Holder Production, Value ($), Price and Gross Margin (2016-2020)
Table Europe Passport Holder Production, Value ($), Price and Gross Margin (2016-2020)
Table China Passport Holder Production, Value ($), Price and Gross Margin (2016-2020)
Table Japan Passport Holder Production, Value ($), Price and Gross Margin (2016-2020)
Table Middle East & Africa Passport Holder Production, Value ($), Price and Gross Margin (2016-2020)
Table India Passport Holder Production, Value ($), Price and Gross Margin (2016-2020)
Table South America Passport Holder Production, Value ($), Price and Gross Margin (2016-2020)
Table Global Passport Holder Consumption by Regions (2016-2020)
Figure Global Passport Holder Consumption Share by Regions (2016-2020)
Table North America Passport Holder Production, Consumption, Export, Import (2016-2020)
Table Europe Passport Holder Production, Consumption, Export, Import (2016-2020)
Table China Passport Holder Production, Consumption, Export, Import (2016-2020)
Table Japan Passport Holder Production, Consumption, Export, Import (2016-2020)
Table Middle East & Africa Passport Holder Production, Consumption, Export, Import (2016-2020)
Table India Passport Holder Production, Consumption, Export, Import (2016-2020)
Table South America Passport Holder Production, Consumption, Export, Import (2016-2020)
Figure North America Passport Holder Production and Growth Rate Analysis
Figure North America Passport Holder Consumption and Growth Rate Analysis
Figure North America Passport Holder SWOT Analysis
Figure Europe Passport Holder Production and Growth Rate Analysis
Figure Europe Passport Holder Consumption and Growth Rate Analysis
Figure Europe Passport Holder SWOT Analysis
Figure China Passport Holder Production and Growth Rate Analysis
Figure China Passport Holder Consumption and Growth Rate Analysis
Figure China Passport Holder SWOT Analysis
Figure Japan Passport Holder Production and Growth Rate Analysis
Figure Japan Passport Holder Consumption and Growth Rate Analysis
Figure Japan Passport Holder SWOT Analysis
Figure Middle East & Africa Passport Holder Production and Growth Rate Analysis
Figure Middle East & Africa Passport Holder Consumption and Growth Rate Analysis
Figure Middle East & Africa Passport Holder SWOT Analysis
Figure India Passport Holder Production and Growth Rate Analysis
Figure India Passport Holder Consumption and Growth Rate Analysis
Figure India Passport Holder SWOT Analysis
Figure South America Passport Holder Production and Growth Rate Analysis
Figure South America Passport Holder Consumption and Growth Rate Analysis
Figure South America Passport Holder SWOT Analysis
Figure Top 3 Market Share of Passport Holder Companies
Figure Top 6 Market Share of Passport Holder Companies
Table Mergers, Acquisitions and Expansion Analysis
Table Company Profiles
Table Product Introduction
Table Mulberry Production, Value ($), Price, Gross Margin 2016-2020
Figure Mulberry Production and Growth Rate
Figure Mulberry Value ($) Market Share 2016-2020
Figure Mulberry Market Share of Passport Holder Segmented by Region in 2019
Table Company Profiles
Table Product Introduction
Table Louis Vuitton Production, Value ($), Price, Gross Margin 2016-2020
Figure Louis Vuitton Production and Growth Rate
Figure Louis Vuitton Value ($) Market Share 2016-2020
Figure Louis Vuitton Market Share of Passport Holder Segmented by Region in 2019
Table Company Profiles
Table Product Introduction
Table Smythson Grosvenor Production, Value ($), Price, Gross Margin 2016-2020
Figure Smythson Grosvenor Production and Growth Rate
Figure Smythson Grosvenor Value ($) Market Share 2016-2020
Figure Smythson Grosvenor Market Share of Passport Holder Segmented by Region in 2019
Table Company Profiles
Table Product Introduction
Table Tumi Production, Value ($), Price, Gross Margin 2016-2020
Figure Tumi Production and Growth Rate
Figure Tumi Value ($) Market Share 2016-2020
Figure Tumi Market Share of Passport Holder Segmented by Region in 2019
Table Company Profiles
Table Product Introduction
Table Aspinal Production, Value ($), Price, Gross Margin 2016-2020
Figure Aspinal Production and Growth Rate
Figure Aspinal Value ($) Market Share 2016-2020
Figure Aspinal Market Share of Passport Holder Segmented by Region in 2019
Table Company Profiles
Table Product Introduction
Table Montblanc Production, Value ($), Price, Gross Margin 2016-2020
Figure Montblanc Production and Growth Rate
Figure Montblanc Value ($) Market Share 2016-2020
Figure Montblanc Market Share of Passport Holder Segmented by Region in 2019
Table Company Profiles
Table Product Introduction
Table MCM Production, Value ($), Price, Gross Margin 2016-2020
Figure MCM Production and Growth Rate
Figure MCM Value ($) Market Share 2016-2020
Figure MCM Market Share of Passport Holder Segmented by Region in 2019
Table Company Profiles
Table Product Introduction
Table Globe-Trotter Production, Value ($), Price, Gross Margin 2016-2020
Figure Globe-Trotter Production and Growth Rate
Figure Globe-Trotter Value ($) Market Share 2016-2020
Figure Globe-Trotter Market Share of Passport Holder Segmented by Region in 2019
Table Company Profiles
Table Product Introduction
Table Liberty London Production, Value ($), Price, Gross Margin 2016-2020
Figure Liberty London Production and Growth Rate
Figure Liberty London Value ($) Market Share 2016-2020
Figure Liberty London Market Share of Passport Holder Segmented by Region in 2019
Table Company Profiles
Table Product Introduction
Table Bottega Veneta Production, Value ($), Price, Gross Margin 2016-2020
Figure Bottega Veneta Production and Growth Rate
Figure Bottega Veneta Value ($) Market Share 2016-2020
Figure Bottega Veneta Market Share of Passport Holder Segmented by Region in 2019
Table Global Passport Holder Market Value ($) Forecast, by Type
Table Global Passport Holder Market Volume Forecast, by Type
Figure Global Passport Holder Market Value ($) and Growth Rate Forecast of Leather (2020-2027)
Figure Global Passport Holder Market Volume and Growth Rate Forecast of Leather (2020-2027)
Figure Global Passport Holder Market Value ($) and Growth Rate Forecast of Plastic (2020-2027)
Figure Global Passport Holder Market Volume and Growth Rate Forecast of Plastic (2020-2027)
Figure Global Passport Holder Market Value ($) and Growth Rate Forecast of type3 (2020-2027)
Figure Global Passport Holder Market Volume and Growth Rate Forecast of type3 (2020-2027)
Table Global Market Value ($) Forecast by Application (2020-2027)
Table Global Market Volume Forecast by Application (2020-2027)
Figure Global Passport Holder Consumption and Growth Rate of Personal (2016-2020)
Figure Global Passport Holder Consumption and Growth Rate of Commercial (2016-2020)
Figure Global Passport Holder Consumption and Growth Rate of application3 (2016-2020)
Figure Market Value ($) and Growth Rate Forecast of application3 (2020-2027)
Figure Market Volume and Growth Rate Forecast of application3 (2020-2027)
Figure North America Market Value ($) and Growth Rate Forecast (2020-2027)
Table North America Consumption and Growth Rate Forecast (2020-2027)
Figure Europe Market Value ($) and Growth Rate Forecast (2020-2027)
Table Europe Consumption and Growth Rate Forecast (2020-2027)
Figure China Market Value ($) and Growth Rate Forecast (2020-2027)
Table China Consumption and Growth Rate Forecast (2020-2027)
Figure Japan Market Value ($) and Growth Rate Forecast (2020-2027)
Table Japan Consumption and Growth Rate Forecast (2020-2027)
Figure Middle East & Africa Market Value ($) and Growth Rate Forecast (2020-2027)
Table Middle East & Africa Consumption and Growth Rate Forecast (2020-2027)
Figure India Market Value ($) and Growth Rate Forecast (2020-2027)
Table India Consumption and Growth Rate Forecast (2020-2027)
Figure South America Market Value ($) and Growth Rate Forecast (2020-2027)
Table South America Consumption and Growth Rate Forecast (2020-2027)
Figure Industry Resource/Technology/Labor Importance Analysis
Table New Entrants SWOT Analysis
Table New Project Analysis of Investment Recovery