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Procurement Market Intelligence Report

Packaging Design Services
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Packaging Design Services?

What is the average price of Packaging Design Services?

This procurement report includes pricing information to help you purchase Packaging Design Services. 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 Packaging Design Services 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 Packaging Design Services 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 Packaging Design Services?

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 Packaging Design Services 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 ?

The top four suppliers of packaging design services collectively earn less than 30.0% of total market revenue, signifying low market share concentration. Low capital intensity and firms' widespread geographic distribution support low market concentration. Capital intensity is low because the most expensive equipment that suppliers require is computers, which are... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Client Base

What is the average retention rate among your clients?

Who are your top five clients and how long have they been your clients?

Do you have clients that are willing to provide references on your behalf? If so, how can I get in contact with them?

Do you offer any incentives to customers that refer businesses or individuals to your company?

Are you experiencing fluctuations in demand as a result of the coronavirus outbreak? What measures are you taking to handle changes in demand?

Supplier Risk

What measures have you taken to protect against risks from your supply chain?

How do you reduce costs when sourcing different products and services?

If there are issues with your suppliers, how might it impact your ability to fulfill an order?

On which industries do you rely most for business? Do you foresee any disruptions in your business resulting from problems in these industries?

How diversified is your supplier base for inputs? Do you source from multiple suppliers in different global regions?

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Key elements for every RFP

What should my RFP include?

Project Budget

Vendors should provide a pricing schedule for their services.

Buyers should include their budget for the project, if relevant.

Selection Criteria

Buyers should evaluate vendors' ability to meet their service requirements.

Buyers should evaluate the experience of the vendor and related personnel.

Buyers should evaluate vendors based on their costs.

For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should include the date when proposals are due, as well as any other relevant dates (e.g. interviews) prior to the contract award.

Buyers should provide a timeline outlining the project's beginning and end.

Evaluate major factors to mitigate risk

How risky is the supply chain?

The supply chain for packaging design service providers carries low risk, which strengthens buyer power. Key first tier suppliers include computer and software wholesalers, copier and office equipment wholesalers, and office stationery wholesalers. Inputs from these upstream suppliers are largely purchased on an ad hoc basis, so any fluctuations in... Subscribe to learn more.