Consumer Goods

Global Packaging Survey 2013-2014 - Market Trends, Buyer Spend and Procurement Strategies in the Global Packaging Industry

  • CAN62768
  • 145 Pages
  • April 2013
  • Consumer Goods
Synopsis
Global Packaging Survey 20132014: Market Trends, Buyer Spend and Procurement Strategies in the Global Packaging Industry is a new report by Canadean that analyzes how packaging industry companies' procurement expenditures, business strategies, and practices are set to change in 20132014. This report gives you access to the category-level spending outlooks, budgets, supplier selection criteria, business challenges, and investment opportunities of leading purchase decision makers. The report also identifies the future growth of buyers and suppliers, M&A, capital expenditure, staff hiring, and e-procurement. This report not only grants access to the opinions and strategies of business decision makers and competitors, but also examines their actions surrounding business priorities, and gives access to information categorized by region, company type, and size.
Scope
Project industry trends and revenue growth expectations in 2013, and understand business confidence to make informed business decisions.

Drive revenues by understanding future product investment areas and key growth regions.

Uncover key challenges and opportunities, and identify the key actions required to maintain and win buyer business.

Formulate effective sales and marketing strategies by identifying how buyer budgets are changing and the direction of spending in the future. Better promote your business by aligning your capabilities and business practices with your customer's changing needs

Secure stronger customer relationships by understanding the behavior and changing strategies of industry buyers.
Summary
Why was the report written?
This report is the result of an extensive survey drawn from Canadean's exclusive panel of leading global packaging industry executives; it provides data and analysis on buyer expenditure, procurement, and developments within the global packaging industry. The report includes key topics such as global packaging industry buyer expenditure, and procurement behaviors and strategies, and identifies the threats and opportunities within the global packaging industry, economic outlook trends, and business confidence within global packaging industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives' attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Canadean created this primary research-based report by gathering the opinions of multiple stakeholders in the value-chain of the global packaging industry.

What is the current market landscape and what is changing?
Executives from the global packaging industry anticipate an increase in levels of consolidation, with 50% of respondents projecting an increase in merger and acquisition (M&A) activities in 2013.

What are the key drivers behind recent market changes?
Challenges faced by packaging companies, such as competition, the requirement of expansion of capacity and services offerings, expanding geographic reach, lack of skilled workforce, and efforts to improve the supply chain, have prompted companies to consolidate positions and look for M&A to stabilize operations.

What makes this report unique and essential to read?
This report is the result of an extensive survey drawn from Canadean's exclusive panel of leading global packaging industry executives; it provides data and analysis on buyer expenditure, procurement, and developments within the global packaging industry. The report includes key topics such as global packaging industry buyer expenditure and procurement behaviors and strategies, and identifies the threats and opportunities within the global packaging industry, economic outlook trends, and the business confidence of global packaging industry executives.
ReasonsToBuy
Brazil, China, India, Russia, and Eastern Europe are the most important emerging markets to offer growth in 2013.

'Pressure on margins', 'customer price sensitivity', 'volatility and increase in input costs', and 'shift in consumer spending and behaviors' remain the leading business concerns for the global packaging industry in 2013.

Overall, for 2013, the average size of the annual procurement budget for global packaging industry buyer respondents is projected at US$137.3 million, against US$120 million in 2012, US$94 million in 2011, and US$61 million in 2010.

'Delivery lead times', 'level of service', and 'price' are considered the most important factors for supplier selection in the global packaging industry, while 'brand reputation' and 'environmental records and CSR' are considered the least important.

While 17% of buyer respondents from the global packaging industry are willing to implement e-procurement in 2013 or beyond, 53% are already in the different stages of implementation ('partially implemented', 'completely implemented', and 'evaluation or pilot use'.)
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