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Procurement Market Intelligence Report

Plastic Film
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Plastic Film?

What is the average price of Plastic Film?

This procurement report includes pricing information to help you purchase Plastic Film. 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 Plastic Film 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 Plastic Film 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 Plastic Film?

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 Plastic Film 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 ?

ProcurementIQ estimates that there are roughly 1,000 manufacturers and 2,500 distributors operating in the market. Market concentration for suppliers of plastic film is low, with the top four vendors, Amcor, Inteplast, Alpha Industries Management (which does business in the market as Sigma Plastics) and Berry, accounting for under 30.0% of... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Customer Service

How are customer service inquiries handled?

What is your response time in the event of a product malfunction?

Do you employ a staff of customer service representatives?

Do you have any records of a time when a client's product was defective and you responded promptly?

Delivery

What steps do you take to ensure delivery times are accurate and dependable?

How do you transport your products?

What is your policy on returns?

How does the quantity of my purchase affect delivery price? Can I save on delivery costs by bundling other goods?

What if the film is damaged during delivery?

Amid widespread health concerns, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should request an itemized list of all the products they are interested in.

Buyers should have suppliers calculate the discount the buyer is receiving by entering into a contract.

Buyers need to state the value of the contract.

Buyers should be explicit in establishing price ceilings and floors, as well as how much prices can change in a given period of time.

Selection Criteria

Buyers should consider suppliers that can fully meet their film specification requirements.

Buyers should consider suppliers that offer them opportunities for purchasing other related items.

Buyers should prioritize suppliers that offer the most competitive prices and contract terms.

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

Project Schedule

Buyers should inform suppliers of the bidding window, including when final submissions of the RFP response are due.

Buyers should state the due dates for any samples or clarifications that the supplier may have.

Buyers should inform suppliers of the award announcement date.

Evaluate major factors to mitigate risk

How risky is the supply chain?

The plastic film market carries high supply chain risk, indicating there is a heightened risk that prices will shift or product will be constrained due to upstream problems in the supply chain. While the market has been adversely impacted by the coronavirus, suppliers have also had to contend with the... Subscribe to learn more.

HIGH

MEDIUM

LOW