Glass Bottles Procurement Research Report Now Available from IBISWorld

Glass bottles have a buyer power score of 3.8 out of 5. Thus, glass bottle buyers are considered to have a moderate ability to negotiate with suppliers.

High product availability and standardization, as well as an increasing number of eco-friendly substitutes, has resulted in contracting demand for glass bottles, boosting buyer power.Additionally, says Agata Kaczanowska, glass bottle buyers are increasingly centralized and consolidated across the downstream food, beverage and pharmaceutical industries, which further boosts their negotiating power.

“Recent price trends have also weakened buyer power because rising input prices have stimulated an increase in production costs,” Agata Kaczanowska. Additionally, buyers have sought out more expensive customized glass bottles to differentiate their product packaging, which has driven up the average price in the past three years. However, buyers will benefit from slowed price growth during the next three years due to higher automation and rising price competition from both substitutes and imports.

Read more here.

600450 Glass Bottles Procurement Research Report Now Available from IBISWorld

See more news about:

Others also read

Raising our glasses to the glass industry!
Glass is a popular and indispensable packaging material for food and beverages of all kinds. Current product trends and innovations in production will be presented by manufacturers at glasstec 2018 in Düsseldorf from 23 to 26 October 2018.
Şişecam Glass Packaging became the winner of "A’ Golden Design Award"
Şişecam Glass Packaging has won the ‘Golden Design Award’ with its Frederik beer glass bottle.
Tempver HG Innovative Enamels For Glass Packaging
At China Glass 2018 the Fenzi Group will introduce a new line of ceramic paints for the decoration and personalization of glass containers.
Ahmet Kırman
Şişecam's net sales reaches TL 11.3 billion with an 32% increase in 2017.
A leading lubricant manufacturer has announced a new brand name for its glass lubricants range.
When in 2017 glasses will be raised in Turkmenistan to celebrate the successes during the 5th Asian Games, Horn Glass Industries AG will already have won its own competition.  For the bottles which will be drunk from, will come from the plants by the company located in Ploessberg.

Add new comment