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Procurement Market Intelligence Report

Packing Tape Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Packing Tape?

What is the average price of Packing Tape?

This procurement report includes pricing information to help you purchase Packing Tape. 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 Packing Tape 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 Packing Tape 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 Packing Tape?

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 Packing Tape 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 Packing Tape?

The packing tape market has a low level of market share concentration, with the top four suppliers accounting for less than 25.0% of total market revenue. While a few large-scale suppliers like 3M, Intertape Polymer Group and Uline have carved out sizeable chunks of the market for themselves, the majority... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Product Lines

What other types of tape and related products do you carry?

What types of discounts do you offer for bundling related goods with my purchase?

What type of discounts do you offer for specific types or brands?

Do you offer limited packing tape samples for my company to test out?

Do you offer any training or support services to help my company improve our shipping and packaging process?

Imports

What sets your product line apart from your foreign competitors'?

Has import penetration adversely affected your operations?

How has import competition affected your pricing?

Do you import your raw materials or source them from domestic suppliers?

Delivery

How do you ensure timely and accurate shipping?

What is your record for on-time delivery?

What logistical systems do you have in place to manage outgoing shipments?

What shipping supplier do you primarily use?

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Key elements for every RFP

What should my Packing Tape RFP include?

Project Budget

Buyers should explicitly state the amount for the award.

Buyers should describe the desired type of supply contract, including the desired payment terms.

Buyers should explain the schedule by which payments will be made.

For assistance in ascertaining a reasonable price and price range for packing tape, buyers can consult the Benchmark Price section of this report.

Selection Criteria

Buyers should look for suppliers that have been in business for a long time and have experience serving similar businesses.

Buyers should ask for a list of references from current and former clients.

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

Project Schedule

Buyers should communicate to prospective suppliers when award information results will be provided.

Buyers need to provide due dates for long-term contracts so that they know when to expect shipments.

Buyers should provide general expectations with regard to response time and customer service.

Evaluate major factors to mitigate risk

How risky is the Packing Tape supply chain?

he supply chain risk for vendors of packing tape is medium. The bulk of supply chain risk comes from vendors’ reliance on plastics, resins, rubber, chemicals and other input materials used to make adhesives and the backing material of tape. Many of these chemical inputs are petroleum-based materials, which means... Subscribe to learn more.

HIGH

MEDIUM

LOW