Bilcare Research is a renowned research and technology leader known for its immaculate quality standards for packaging solutions and delivery of genuine medicines to patients. With the packaging organizations focusing on their expansion in current markets, the countries like Germany, America and UK will expand their packaging market growth. Bilcare supports the H1 2015(July-December 2015) which focuses on new product development and improving the operational efficiency.
The Packaging Industry Business Outlook and Procurement Survey H1 2015 market research report examines executives’ opinion on business outlook and procurement activities over July-December 2015. It also highlights key packaging market business priorities, supplier price variations, changes in capital expenditure, and organizations perspective on e-procurement. Additionally, it provides information categorized by region and company type. Bilcare Research points out that the market uncertainty and responding to pricing pressure are major concerns for packaging market organizations while procurement activities for IT services and capital equipment purchases are anticipated to increase during July-December 2015.
Around 17% of executives expect their global packaging market procurement budget to fall within the range of US$500,000 to US$5 million over the next six months. Procurement activities will increase on IT services and capital equipment purchases amidst expectation of surge in supplier prices over the next months. Capital expenditure will be higher on new product development and machinery and equipment purchase despite of increase in mergers and acquisitions over the next six months.
Focus will be on emerging markets such as China, Brazil, India and developed markets such as Germany, the US and the UK that are expected to present significant growth opportunities for packaging market over the next six months. Packaging market research will allow companies to realign business strategies by knowing the business priorities indicated in the report. The organizations can develop or adjust business expansion plans by knowing the significant growth offering emerging and developed packaging markets highlighted in the report. Bilcare strongly believes that this will help organizations to adjust procurement budget by providing information about procurement budget projections anticipated by packaging market executives for July-December 2015 and companies can implement effective price management by viewing supplier price variations highlighted for H1 2015.
Companies mentioned in this packaging market business outlook and procurement survey report for H1 2015 include Plasdene Glass-Pak Pty Ltd, Liqui-Box, Colbert Packaging Corporation, World Wide Packaging LLC, Mauser-Werke GmbH, Greif Inc., Amcor Limited, Essel Propack, Schur Pack Germany GmbH, CCL Industries Inc., Korsini-Saf, Par-Pak Europe Ltd., Deltaform Ltd., Chiltern Thermoforming Ltd., Essentra Plc., Clondalkin, Sonoco Products Company, Muda Holdings Bhd, Roberts Mart and Co Ltd. and Bilcare Research GmbH and Fabri-Kal. Organizations intend to reduce internal operating costs and identify low cost supply sources over the next six months in the packaging market.