Mergers and acquisitions are expected to increase within the packaging industry over the next six months (November 2016-April 2017) as a result of global business expansion and product line extensions. Market uncertainty, rising competition, and the retention and recruitment of skilled staff have been highlighted as major business concerns for the global packaging industry over the next six months, although respondents are willing to increase their focus towards expansion in current markets and the development of new products. Furthermore, developing economies such as China, India, and Mexico are projected to offer significant growth opportunities for the global packaging industry, due to the growing demand for convenient packaging, rising urbanization and health awareness, and the rising popularity of smaller packaging formats, respectively. On average, the global packaging industries procurement expenditure is projected to increase by 6.6% over the next six months.
Key Finding
- Expansion in current markets and new product development are the major priorities for packaging organizations during the next six months - The US, Germany, and the UK are highlighted as prominent growth-offering developed markets over the next six months - Capital expenditure on new product development and IT infrastructure development will increase during the next six months - Survey respondents expect an increase in procurement activities for IT services and raw material purchases in the coming six months - Globally, 25% of survey respondents indicate the limited or generalized deployment of e-procurement within their organizations over the next six months
Reason to Buy
- Highlights key business priorities (including comparisons over the last six months) thus helping packaging companies to realign business strategy - Organizations can develop or adjust business expansion plans by knowing the significant growth offering emerging and developed markets highlighted in the report - Make changes in procurement budget allocations through procurement budget projections anticipated by executives for November 2016-April 2017 - Implement effective price management strategy by viewing supplier price variations highlighted for next six months Request a sample copy at http://www.reportsweb.com/inquiry&RW0001505644/sample Table of Content Headlines Trends Competitive Landscape Prospects Category Data Figure 1: Organizations Top Priorities - Overall, comparison (Apr 2016-Sep 2016 and Nov 2016-Apr 2017) Figure 2: Organizations Top Five Priorities - By Region, Nov 2016-Apr 2017 Figure 3: Organizations Top Five Priorities - By Company Types, Nov 2016-Apr 2017 Figure 4: Emerging Market with Significant Growth Opportunities - Overall, comparison (Apr 2016-Sep 2016 and Nov 2016-Apr 2017) Figure 5: Top Five Emerging Market with Significant Growth Opportunities - By Region, Nov 2016-Apr 2017 Figure 6: Top Five Emerging Market with Significant Growth Opportunities - By Company Types, Nov 2016-Apr 2017 Figure 7: Developing Markets with Prominent Growth Prospects - Overall, comparison (Apr 2016-Sep 2016 and Nov 2016-Apr 2017) Figure 8: Top Five Developing Markets with Prominent Growth Prospects - By Region, Nov 2016-Apr 2017 Figure 9: Top Five Developing Markets with Prominent Growth Prospects - By Company Types, Nov 2016-Apr 2017 Figure 10: Change in Mergers and Acquisitions, Overall, comparison (Apr 2016-Sep 2016 and Nov 2016-Apr 2017) Figure 11: Change in Mergers and Acquisitions, Regional, Nov 2016-Apr 2017 Figure 12: Change in Mergers and Acquisitions, By Company Types, Nov 2016-Apr 2017 Figure 13: Major Concerns for Organizations - Overall, comparison (Apr 2016-Sep 2016 and Nov 2016-Apr 2017) Figure 14: Top Five Major Concerns for Organizations - By Region, Nov 2016-Apr 2017 Figure 15: Top Five Major Concerns for Organizations - By Company Types, Nov 2016-Apr 2017 Figure 16: Change in Capital Expenditure in Key Areas - Overall, Nov 2016-Apr 2017 Figure 17: Change in Capital Expenditure in Key Areas - By Region, Nov 2016-Apr 2017 Figure 18: Change in Capital Expenditure in Key Areas - By Company Types, Nov 2016-Apr 2017 Figure 19: Procurement Resources and Objectives Expectations - Overall, comparison (Apr 2016-Sep 2016 and Nov 2016-Apr 2017) Figure 20: Top Four Procurement Resources and Objectives Expectations - By Region, Nov 2016-Apr 2017 Figure 21: Top Four Procurement Resources and Objectives Expectations - By Company Types, Nov 2016-Apr 2017 Figure 22: Change in Procurement Activities in Strategic Areas - Overall, Nov 2016 - Apr 2017 Purchase Complete Report at http://www.reportsweb.com/buy&RW0001505644/buy/1950
