Blister Packaging Market Procurement Intelligence, Engagement Model, Low & Best Cost Country Analysis, Day One Analysis Report, 2020 – 2025
Blister Packaging Services Category Intelligence
PVC has been the
traditional choice in blister packaging for a very long time as it
offers low prices and strong durability while maximizing product visibility at
the same time. PVC pricing had been stagnant for some time before 2020 and it
was generally readily available.
One of the leaders in the
packaging industry, Amcor has already started working on developing
alternatives for PVC in blister packaging. In April 2021, the company announced
the customer trials of the world's first recyclable polyethylene-based
thermoform blister packaging named AmSky. However, during the Covid-19
pandemic, the housing market started to gain traction and the construction market
continues to buy more PVC, hence the price has increased drastically, making it
hard to procure PVC for blister packaging.
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Packaging Market Procurement Intelligence Report
Moreover, recent economic
and environmental policy changes compel some brands to think and find a PVC
alternative for their blister packaging. Polyethylene terephthalate (PET) and recycled polyethylene
terephthalate (RPET) are the two
major strong alternatives to the traditional PVC blister. It is majorly used in
soda bottles and is known for its strong durability and transparency. PET and
RPET are most preferable for brands with high sustainability goals as they can
be easily recycled.
One of the leaders in the
packaging industry, Amcor has already started working on developing
alternatives for PVC in blister packaging. In April 2021, the company announced
the customer trials of the world's first recyclable polyethylene-based
thermoform blister packaging named AmSky. It reduces carbon footprint by 70%
compared to PVC and other alternatives. PVC makes packaging recycling more
difficult or contaminates other materials if consumers attempt to recycle them.
Therefore, Amcor’s solution eliminates PVC from the packaging by using a
mono-material Polyethylene thermoform blister and lidding film.
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Should Cost Analysis
In
the blister packaging procurement intelligence study, we have estimated and
forecasted pricing for the key cost components. Raw materials are the largest
cost component of blister packaging manufacturing cost. It accounted for more
than 60% of the overall cost of manufacturing. Forming film and lidding
materials are the key cost driver of raw materials. Forming films are made of
PVC and the prices of PVC peaked in 2020, largely due to COVID-19 and
subsequent supply chain disruptions. However, prices are expected to stabilize
gradually from 2021.
Rate Benchmarking
The type of the forming film is one of the most
important aspects while analyzing rate benchmarking of blister packaging. In
our research, we have compared the rates of six types of forming films
including polyvinyl chloride (PVC), polyvinylidene chloride (PVDC),
chlorotrifluoroethylene (CTFE), polypropylene (PP), polyethylene terephthalate
(PET), and polystyrene (PS). By using rate benchmarking analysis, we found
that PVDC and CTFE forming films price per unit area is 60%-80% higher than PP,
PET, PS, and PVC forming films.
Salary Benchmarking
Labor is one of
the key cost components incurred while offering a product or service.
Understanding the pricing structure of salary is important for organizations in
selecting the appropriate supplier and building a good negotiation strategy. It
is also an important factor in determining whether the category under focus
should be outsourced or built in-house.
Supplier Newsletter
A
typical newsletter study by capturing latest information for specific suppliers
related to: M&As, technological innovations, expansion, litigations,
bankruptcy etc.
List of
Key Suppliers in the Blister Packaging Category
·
Amcor Plc
·
DOW
·
WestRock Company
·
Sonoco Products Company
·
Constantia Flexibles
·
Klockner Pentaplast Group
·
E.I. du Pont de Nemours and Company
·
Honeywell International Inc.
·
Tekni-Plex
·
Display Pack
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About us:
A smart and effective supply chain is
essential for growth in any organization. Pipeline division at Grand View
Research provides detailed insights on every aspect of the supply chain which
helps in efficient procurement decisions.
Our services include (not limited to):
·
Market Intelligence involving - market size and forecast, growth
factors, and driving trends
·
Price and Cost Intelligence - pricing models adopted for the category,
the total cost of ownership
·
Supplier Intelligence - rich insight on supplier landscape, and
identifies suppliers who are dominating, emerging, lounging, and specializing
·
Sourcing / Procurement Intelligence - best practices followed in the industry,
identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be
utilized with the suppliers, and best-suited countries for sourcing to minimize
supply chain disruption
Our market/procurement Intelligence reports
include in-depth and actionable insights that help clients in understanding the
different aspects of the supply chain and take more effective decisions.
Find More information @ https://www.grandviewresearch.com/pipeline
Contact Information:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
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