LONDON--(BUSINESS WIRE)--Global procurement market intelligence advisory firm, SpendEdge, has announced the release of their ‘Bio-Plasticizers for Packaging Procurement Research Report.' The insights and data in this report provide an exclusive analysis of the supply market, factors influencing purchasing decisions, pricing models, key supplier landscape, procurement best practices, and a comprehensive analysis of the supplier capability matrix for the packaging and labeling industry. This report breaks down the data and analysis behind the procurement of bio-plasticizers for packaging and acts as an all-inclusive guide for making smart purchasing decisions.
“Increasing demand for bio-based flexible packaging materials in which biopolymers are used, attribute to the growth of the global bio-plasticizers packaging market,” said SpendEdge procurement research analyst Tridib Bora. “Compatible bio-plasticizers are used as raw materials to provide optimal mechanical properties (such as high tensile strength, low brittleness) in biopolymers,” added Tridib.
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Key Report Features
| Procurement Best Practices | Negotiation Strategies | |||
| Supply Market Insights | Pricing Models | |||
| Cost Saving Opportunities | Key Supplier Analysis | |||
| Category Risk Analysis |
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Supplier Capability Matrix | ||
Report Insights
- Bio-plasticizers are being increasingly used in the food and medicines packaging industries as they are safe and biodegradable, and provide similar mechanical properties as phthalate-based plasticizers.
- Purchasing managers must assign a unique batch number to each barrel of bio-plasticizers used to manufacture the packaging material and a unique batch number to barrels of polymers. They must make a note of the batch number of bio-plasticizers and polymers, which are being blended. This will help them identify inconsistencies in the quality of bio-plasticizers by linking it to the batch number of bio-plasticizers and the low-quality or defective polymers.
- The lack of visibility into the plants’ utilization rate, which may lead to increased procurement cost for purchasing managers. Manufacturing plants that are underutilized lead to higher operational costs (as economies of scale are not met), which are passed on to purchasing managers.
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Bio-plasticizers for Packaging Pricing Trends
The spot pricing and volume-based pricing model is one of the most implemented pricing models in the global bio-plasticizers for packaging market. The spot pricing model enables purchasing managers to procure large volumes of bio-plasticizers when the market prices are low. Furthermore, this pricing model is ideal for purchasing managers who are uncertain about the performance of bio-plasticizers and are willing to procure in small quantity as there is no need for the buyer to pay a large upfront cost.
The volume-based pricing helps reduce management effort as there is no need to monitor market rates. Moreover, purchasing managers can avail higher discounts if they have requirement of large volumes of bio-plasticizers.
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