Polyethylene (PE) Film Procurement Intelligence
The polyethylene (PE) film category is anticipated to grow at a CAGR of 4% from 2024 to 2030.
The demand for the category is driven by its application in various industries such as packaging, agriculture, and construction. The growth is also fueled by its cost-effectiveness, durability, and versatility. The increasing global awareness about sustainability and environmental issues is having a positive impact on category expansion. Additionally, the demand for bio-PET film is being propelled by various factors, including the growing preference for bioplastics, supportive government regulations, and the expanding utilization of bio-PET film across packaging, printing, electrical & electronics, pharmaceutical, and cosmetic industries.
Order your copy of the Polyethylene (PE) Film category procurement intelligence report 2024-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
Polyethylene (PE) Film Procurement Intelligence Report Scope
The Polyethylene (PE) Film category is expected to have pricing growth outlook of 4% - 8% increase (Annually), with below pricing models.
- Volume-based pricing
- competition-based pricing
Supplier Selection Scope of Report
- Cost and pricing
- Past engagements
- Productivity
- Geographical presence
Supplier selection criteria of Report
- Type and quality of PE film
- end-use served
- packaging option available
- production capacity
- delivery option
- geographical presence
- years in services
- regulatory compliance
- operational and functional capabilities
- others
Polyethylene (PE) Film Procurement Intelligence Report Coverage
Grand View Research will cover the following aspects in the report:
- Market Intelligence along with emerging technology and regulatory landscape
- Market estimates and forecasts from 2022 to 2030
- Growth opportunities, trends, and driver analysis
- Supply chain analysis, supplier analysis with supplier ranking and positioning matrix, supplier’s recent developments
- Porter’s 5 forces
- Pricing and cost analysis, price trends, commodity price forecasting, cost structures, pricing model analysis, supply and demand analysis
- Engagement and operating models, KPI, and SLA elements
- LCC/BCC analysis and negotiation strategies
- Peer benchmarking and product analysis
- Market report in PDF, Excel, and PPT and online dashboard versions
Polyethylene (PE) Film Procurement Cost and Supplier Intelligence
Raw material (resins, polymer, and ethylene), labor, machinery, rent and facilities, and packaging & transportation are some of the key cost components incurred in manufacturing PE film. Other costs are technology, utilities, repair and maintenance, testing and inspection, marketing, and legal charges. Raw materials, labor, and machinery account for a major part of the overall cost.
The prices of polyethylene film are dependent on factors such as film type, thickness, color, and the number of additives added. At the end of Q4 2023, the price of LLDPE film Butene-based grade FOB (Texas, U.S.) was around USD 1,103/MT in the North American region. Due to rising ethylene prices, and strong demand from the automotive, construction, and packaging sectors, the prices saw a rise at the start of the quarter, in October 2023. In December 2023, the prices of ethylene FOB U.S. Gulf were around USD 421/MT. As a result, PE film prices increased at the end of 2023.
List of Key Suppliers
- Singhal Industries Pvt. Ltd.
- Constantia Flexibles
- Klockner Pentaplast
- Sealed Air Corporation
- Toray Industries Inc.
- Huhtamaki Oyj
- Sonoco Products Company
- Amcor plc
- Pooshan Plastic Co.
- Berry Global Inc.
Add-on Services provided by Grand View Research Pipeline:
Should Cost Analysis
- Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process
Rate Benchmarking
- Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best suited engagement with the supplier
Salary Benchmarking
- Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs 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.
Browse through Grand View Research’s collection of procurement intelligence studies:
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Brief about Pipeline by Grand View Research:
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 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, total cost of ownerships
- 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 disruptions
