Plastic Packaging Procurement Research – Market Trends and Spend Analysis by SpendEdge

Plastic Packaging Procurement Report (Graphic: Business Wire)

LONDON--()--Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ‘Plastic Packaging Market Procurement Research Report.’ The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the packaging and labeling industry. This report breaks down the data and analysis behind the procurement of plastic packaging and acts as an all-inclusive guide for making smart purchasing decisions.

“The increasing preference of end-user industries to attain cost-advantages and the growth in the consumption of packaging products are the factors influencing the growth of plastic packaging market,” says SpendEdge procurement analyst Bhuvaneshwari Udayakumar. “APAC is considered as one of the key regions to achieve substantial growth, owing to the growing demand from cosmetics, food and beverage, and pharmaceutical industries,” added Bhuvaneshwari.

Looking for more insights from this report? Request a free sample report

SpendEdge sample reports are free of charge and provide insights that focus on cost-saving aspects of procurement and optimization of category spend.

Procurement analysts at SpendEdge highlight the following top three market trends that are contributing to the growth of the Global Plastic Packaging Market:

  • Increase in production of small SKU packages
  • Growing focus on anti-counterfeit packaging solutions
  • Rise in suppliers' focus on biodegradability of plastic packages

This report is available at USD 1000 discount for a limited time only: View the report snapshot before purchasing

Increase in production of small SKU packages

Due to the frequent lifestyle changes, there has been a considerable rise in the on-the-go consumers, who are preferring convenient and small-sized products. This rise in the demand for small SKUs of products will result in increased production.

Growing focus on anti-counterfeit packaging solutions

Over the last few years, the industry is experiencing a rise in the anti-counterfeiting packaging solutions. These solutions will further help the businesses mitigate counterfeiting and the duplication of products.

Rise in suppliers' focus on biodegradability of plastic packages

In the plastic packaging industry, there has been a growing focus on biodegradability in the packaging of the products. This rise in the biodegradability of packaging materials will lead to low landfill wastes and further helps the buyers comply with industry standards.

Request a sample to gain detailed insights into the current market trends.

Get unlimited access to all our reports. Our Insights platform provides ready-to-use procurement research reports, latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. Start your 14-day trial now.

We also customize reports to meet clients’ requirements.

Related Reports:

About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement market intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.

Contacts

SpendEdge
Anirban Choudhury
Marketing Consultant
US: +1 630 984 7340
hello@spendedge.com

Release Summary

SpendEdge has announced the release of their Global Plastic Packaging Procurement Report

Contacts

SpendEdge
Anirban Choudhury
Marketing Consultant
US: +1 630 984 7340
hello@spendedge.com