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ProcurementIQ’s Packaging Services procurement research is intended to help you save time and money in the initial research stages of the buying process. Our data and analysis explain the characteristics, pricing dynamics, supply chain risks and negotiation tactics of Packaging Services to help your company negotiate strategically with suppliers. Our report insights also give your company the credibility to work with internal stakeholders and executives to better manage the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Packaging Services - Recent Price Trend

During the three years to 2017, the price of packaging services has been rising at an estimated annualized rate of 1.3%. While subdued price growth generally favors buyers, the moderate level of price volatility has detracted from buyer negotiation leverage by undermining the buyers’ ability to budget accurately for services.Demand for packaging solutions has strengthened, placing an upward.

Packaging Services - Total Cost of Ownership

The total cost of ownership for packaging services is considered low, benefiting buyers. Specifically, hidden costs associated with the services amount to less than 50.0% of the benchmark purchase price per year. One of the main additional costs that buyers face when purchasing contract packaging services are freight expenses associated with transporting inventory to contract packagers. As such,.

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About this Report

This report is intended to assist buyers of packaging services. Packaging service suppliers provide both manual packaging and machine-assisted packaging of client-owned materials on a contract or outsource basis. The wide range of items suppliers handle include food, agricultural byproducts, pharmaceuticals and other manufactured goods. This report does not cover industrial design services.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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