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Procurement Market Intelligence Report

Metal Cans
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Metal Cans?

What is the average price of Metal Cans?

This procurement report includes pricing information to help you purchase Metal Cans. 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 Metal Cans 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 Metal Cans 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 Metal Cans?

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 Metal Cans 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 Metal Cans?

The metal cans market is composed of an estimated 1,200 suppliers across the United States. Market share concentration in the metal cans market is high, with the top four suppliers generating about 65.0% of revenue. Market share concentration is high is due to the presence of well-established players with recognizable... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Quality

How do you manage risk in your supply chain?

How many suppliers do you source from?

Where are your input suppliers located?

Have you ever experienced a price spike from one or more of your suppliers? If so, how did the price spike affect the price of your products?

Supply Chain Risk

How do you manage risk in your supply chain?

How many suppliers do you source from?

Where are your input suppliers located?

Have you ever experienced a price spike from one or more of your suppliers? How did you cope with the spike?

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Key elements for every RFP

What should my Metal Cans RFP include?

Project Budget

Buyers should specify their budget per can and total purchase.

Buyers should explain the schedule on which payments will occur.

Buyers should provide a fair and reasonable cost proposal based on their budget and product needs.

For help creating a budget, buyers can reference the Benchmark Price and Total Cost of Ownership sections of this report.

Selection Criteria

Buyers should look for vendors that have a history of timely order fulfilment and delivery.

Buyers should make sure the purchased cans are recyclable.

Buyers that require highly specialized or customized cans should request samples from vendors to ensure that end products meet their standards.

For a detailed list of key selection criteria, buyers can reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should clearly state when the order must be completed by.

If making recurring orders, buyers should state any important benchmark dates for the vendor to be aware of regarding fulfilment of future orders.

Buyers should state the date on which they will provide the award.

Evaluate major factors to mitigate risk

How risky is the Metal Cans supply chain?

Supply chain risk in the metal cans market is moderate. Aluminum and steel manufacturers present high levels of risk due to significant volatility in the prices of steel and aluminum, which makes it difficult for suppliers to plan for production costs and forces suppliers to consistently adjust their budgets. The... Subscribe to learn more.

HIGH

MEDIUM

LOW