Packaging Industry Business Outlook and Procurement Report H1 2016
Powered by ![]()
All the vital news, analysis, and commentary curated by our industry experts.
Even though packaging organizations are concerned about rising competition, market uncertainty, and responding to pricing pressure, focus will increase on expansion in current markets and new product development during H1 2016 (April 2016–September 2016). Procurement activities will increase on IT services and capital equipment purchases amidst the expectation increasing procurement expenditure and supplier prices over the next months. Capital expenditure will be higher on new product development and IT infrastructure development and an expected increase in merger and acquisition activity during H1 2016. Focus will be on emerging markets such as China and India and developed markets such as the US and Germany, which are expected to present significant growth opportunities for the packaging industry over the next six months.
Scope
• Expansion in current markets and new product development are the major priorities for packaging organizations during the next six months. (April–September 2016)
• The US, Germany, and Canada are highlighted by survey respondents as prominent growth-offering developed markets
• Capital expenditure on new product development and IT infrastructure development will increase during the next months
• Survey respondents expect an increase in procurement activities on IT services and capital equipment purchases in the coming six months
• Globally, 29% of survey respondents indicate limited or generalized deployment of e-procurement within their organizations over the next six months.
Reasons to Buy
Packaging companies can realign business strategies by knowing the business priorities indicated in the report
Organizations can develop or adjust business expansion plans by knowing the significant growth offering emerging and developed markets highlighted in the report
Helps organizations to adjust their procurement budget by providing information about procurement budget projections anticipated by executives for April–September 2016
Organizations can implement effective price management by viewing supplier price variations highlighted for H1 2016.
Procurement
Global Concerns
Business priorities
Emerging markets
Developed markets
Procurement objectives
Budget
Capital expenditure
Supplier prices
E-procurement
Table of Contents
Table
Figures
Frequently asked questions
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745