Learn about actual and potential costs
How much should I pay for Binding & Lamination Machines?
What is the average price of Binding & Lamination Machines?
This procurement report includes pricing information to help you purchase Binding & Lamination Machines. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.
Has the price of Binding & Lamination Machines been rising or falling?
Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.
I’m not ready to purchase Binding & Lamination Machines yet. Will I pay more if I wait too long?
We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.
What other costs are associated with purchasing Binding & Lamination Machines?
Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Binding & Lamination Machines with a reduced risk of unexpected costs.
See how we display average pricing information, trends and market data.
Find the vendor to meet your needs
Where can I purchase ?
There is a medium level of market share concentration within the binding and lamination machinery market, with the top four providers accounting for 40.0% to 45.0% of total revenue in 2020. An estimated 4,161 businesses currently supply these machines in the United States. Although this market contains large multinational firms... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
How have fluctuations in input prices affected the prices of your product over the past three years?
How do you mitigate sudden price increases in raw materials?
How diversified is your supplier base for inputs? When input costs rise, are you able to source input materials from different suppliers?
How diversified is your client base? Which industries drive the most business for your firm?
Additional Products & Services
What additional products and services do you provide?
Are there discounts for bundling products and services?
Do you offer training for machine use, and is it included in the purchase price?
What consumables (i.e. film, pouches, wire) do you offer along with your products?
Are consumables from brands other than yours compatible with your machines?
“Sending out RFPs used to be a nightmare”
Let’s chat about how procurement market intelligence can reduce
the time you spend issuing RFPs.
Key elements for every RFP
What should my RFP include?
Buyers should explicitly state the amount of the contract award.
Buyers should explain when and how many payments will be made.
Buyers can consult the Benchmark Price section of this report to determine how much they should pay for each binding and lamination machine.
Buyers should evaluate the experience of the supplier.
Buyers should make sure the provider offers appropriate types of binding and lamination machines with the appropriate levels of technological sophistication.
Buyers should evaluate suppliers based on the estimated costs of the binding and lamination machines they offer.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers need to include the date when proposals are due and when award information will be available.
Buyers should include any other benchmark dates relevant to their projects that suppliers will need to be aware of.
Evaluate major factors to mitigate risk
How risky is the supply chain?
Binding and lamination machines have a medium level of supply chain risk. The prices of inputs involved in the production of binding and laminating equipment tend to be fairly volatile. Manufacturers purchase electronic components, plastic and steel to produce binding and laminating machines, all of which experience price fluctuations as... Subscribe to learn more.