Global Plastic Pails Category - Procurement Market Intelligence Report

  • Published: Jan 2019
  • Pages: 107
  • SKU: IRCMSTR10613-1
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Key findings: Plastic pails


This plastic pails procurement market intelligence report analyzes the current market trends and recommends the best purchasing strategies to procurement professionals looking to identify cost-saving opportunities. The report also offers an analysis of the US supply market and market entry barriers to help buyers and suppliers.


The universal concern over the environmental impacts is driving the usage of plastic that is sustainable and bio-degradable to manufacture plastic pails. This is improving the acceptance of such plastic pails among consumers, thereby; accelerating the category spend momentum for a long-run. Buyers are partnering with category suppliers and the raw material vendors to develop plant-based plastic pails that have exhibited a reduced carbon footprint by 65%.

To know more about the year-over-year spend growth rate, download a free sample report.

Insights delivered


However, factors like unstable raw materials prices and their unavailability, and a growing logistics cost might make purchasing plastic pails a difficult task for buyers. This procurement market intelligence report assesses such critical procurement pain-points and advises suitable purchasing strategies to facilitate cost-effective category procurement. Other insights offered in this report include a comprehensive overview of the global and regional supply market, cost drivers, category risks, and supplier ecosystem.

Our portfolio of reports for the packaging and labeling category help buyers understand:

  • Global and regional spend potential for plastic pails for the period of 2017-2022
  • Risk management and sustainability strategies
  • Incumbent supplier evaluation metrics
  • Pricing outlook and factors influencing the procurement process

Analyze the global category spend for plastic pails


The packaging industry is fast replacing traditional packaging materials such as metals and glass by plastic pails because of its beneficial properties such as rust resistance, lightweight, and recyclable. The ability to be customized with respect to size, shape, moldability, the material used in its manufacturing process is also favoring the category demand for packaging products such as food and beverages, chemicals, paints and adhesives, pharmaceutical products, and lubricants. The steady growth of the construction industry is creating a substantial requirement for construction materials such as paints, chemicals, and adhesives, which, in turn, is driving the global category spend on plastic pails.

For more information on the exact spend growth rate and yearly category spend, download a free sample.

This procurement research report offers coverage of:

  • Regional spend dynamism and factors impacting costs
  • Total cost of ownership and cost-saving opportunities
  • Supply chain margins and pricing models


Optimize category spend for plastic pails


Strategic partnership with suppliers plays a critical role in devising optimum purchasing strategies in this market of plastic pails. Our procurement experts advise buyers to maintain a supply base constituted with regional and global suppliers to optimize costs. While regional suppliers can offer low-cost solutions, global suppliers can facilitate buyers with access to raw-material vendors across geographies. This will strengthen the buyers visibility of the raw-materials pricing structure.

This market intelligence report also offers coverage of:

  • Key category management objectives
  • Supplier cost breakup
  • Category pricing dynamics


Assess category spend for the US region


The growth of the construction industry in the US will serve as one of the significant category growth drivers in this region. An established economy coupled with the federal incremental spend on public infrastructure projects will augment construction activities in the US. This will create sufficient requirements for products such as paints and construction chemicals, that will require plastic pails to fulfill their packaging requirements.

Additional information offered in this sourcing and procurement report will help buyers analyze:

  • Margins of suppliers in the US
  • Category spend in the US
  • Price outlook and forecasts until 2023

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Build strategies for effective supplier selection


Buyers give the quality of plastic pails paramount importance since the category plays an integral part in their manufacturing process. Category buyers must ensure that the products delivered by the suppliers must exhibit the specified tensile strength, should be airtight and leak-proof and be non-reactive with buyers' products. Such properties help preserve the content inside the package during the storage and transportation stages.

This sourcing and procurement report identifies the significant costs incurred by suppliers and provides additional information on:

  • Competitiveness index for suppliers
  • Market favorability index for suppliers
  • Supplier and buyer KPIs


Devise effective category management strategies for plastic pails

In a strictly regulated food processing and packaging industry, it is imperative that the category managers purchasing strategies emphasize on ensuring that the plastic pails supplied are compliant with regulations set by bodies such as the FDA in the US. Failure to meet the regulatory standards will result in strict regulatory actions taken against the buyers that can ramify to severe brand image damage and a plummeting market share.

Key insights offered in this market intelligence report will help the buyers identify:

  • Risk mitigation strategies
  • Cost-saving opportunities: Supply-side levers
  • Supplier relationship management strategies


Determine the spend dynamics for key geographies


The implementation of a new directive in the EU that specifies curbing on packaging waste generation will drive the usage of recyclable materials, such as plastic pails, in the manufacturing process in Europe. The growth of the urban demography is spurring the rise in construction activities in APAC countries. This will create a huge demand for construction materials such as chemicals, paints, and adhesives, that in turn will require sustainable materials like plastic pails for packaging, thereby; accelerating the spend momentum in the region.

Key geographies analyzed in this procurement research report include the following:

  • APAC
  • MEA
  • Europe
  • North America
  • South America

Information on the top plastic pails suppliers, the significant risks faced while procuring plastic pails, and the best purchasing strategies are offered in this market intelligence report. Download a free sample to access the reports complete scope of coverage.

Key Features of Report

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix


Plastic Pails - Category Spend Analysis

According to our analysts, one of the primary growth drivers for the global plastic pails supply market is the growing use of lightweight materials. Due to volatile energy prices, cost cutting, and environmental concerns (pressure to lower carbon footprint), suppliers are using lightweight plastic materials to manufacture rigid plastics. Suppliers are introducing a new line of ergonomic pails specifically designed for food packaging. As they are lightweight and have excellent stacking capabilities, the number of shipments required as well as the wastage of materials are reduced, thereby improving environmental sustainability.


Plastic Pails – Procurement Best Practices

Buyers must ensure suppliers meet criteria for design qualification testing. Buyers that transport hazardous materials as certified by the US DOT should ensure that plastic pails used fulfill the requirements of Title 49 CFR such as successful completion of design qualification tests. They can also carry out periodic retesting at suitable intervals to ensure manufacturers meet such stringent requirements.


Plastic Pails - Procurement Challenges

Based on the analysis in this report, a major procurement pain point experienced by the buyers is the adherence to regional regulations. Our procurement specialists predict that the buyers must look for suppliers with strong local/regional presence and regulatory expertise.

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PART 01: Executive Summary

PART 02: Market Insights

  • Global category spend
  • Category spend growth
  • Spend segmentation by region
  • Regional spend dynamics
  • Regional influence on global spend
  • Regional spend opportunity for suppliers

PART 03: Category Pricing Insights

  • Pricing outlook
  • Supplier cost structure
  • Outlook for input costs
  • Total cost of ownership analysis
  • Overview of pricing models
  • Comparison of pricing models
  • Supply chain margins
  • Cost drivers impacting pricing
  • Volume drivers impacting pricing

PART 04: Cost-Saving Opportunities

  • Supplier-side levers
  • Buyer-side levers
  • Quantifying cost-saving opportunities
  • Quantifying cost savings by negotiation strategies

PART 05: Best Practices

  • Innovation and success stories
  • Procurement excellence best practices
  • Procurement best practices
  • Sustainability practices

PART 06: Category Ecosystem

  • Market favorability index for suppliers
  • Competitiveness index for suppliers
  • Buyer power
  • Supplier power
  • Threat of new entrants
  • Threat of substitutes
  • Buyer ecosystem
  • Supplier ecosystem

PART 07: Category Management Strategy

  • Category management objectives
  • Supplier and buyer KPIs
  • Outsourcing category management activities
  • Risk management

PART 08: Category Management Enablers

  • Procurement organization
  • Category enablers

PART 09: Suppliers Selection

  • RFx Essentials
  • Supplier selection criteria
  • Service Level Agreement
  • Incumbent supplier evaluation metrics

PART 10: Suppliers Under Coverage

  • Overview
  • Supplier positioning
  • Profile: Berry Global
  • Profile: Greif
  • Profile: RPC
  • Profile: Schoeller Allibert
  • Profile: Jokey Plastik
  • Profile: Pact Group

PART 11: US Market Insights

  • Category spend in the US
  • Price outlook
  • Supplier cost structure in the US
  • Margins of suppliers in the US
  • Category cost drivers
  • Category volume drivers
  • Overview of best practices in the US
  • Procurement best practices in the US
  • US supply market overview
  • Supplier positioning for the US
  • Regional category risks

PART 12: Category Definition

  • Category hierarchy
  • Category scope
  • Category map

PART 13: Appendix

  • List of abbreviations
  • Key notes
  • Global category spend (2018-2023)
  • Category spend growth (2018-2023)
  • Regional spend dynamics
  • Regional spend dynamics
  • Comparison of category maturity across regions
  • Regional spend opportunity for suppliers (2018-2023)
  • Category pricing dynamics
  • Supplier cost breakup
  • Input cost dynamics
  • Total cost of ownership model
  • Benefit comparison of pricing models
  • Pricing models – comparison matrix
  • Supplier margin analysis
  • Margin analysis across supply chain
  • Cost drivers
  • Volume drivers
  • Cost-saving opportunities: Supply-side levers
  • Cost-saving opportunities: Demand-side levers
  • Cost-saving opportunity matrix
  • Negotiation grid
  • Innovation and success stories
  • Procurement excellence summary: Impact on the category
  • Supplier relationship management metrics
  • Strategic sourcing and category management metrics
  • Technology-facilitated procurement metrics
  • Procurement best practices dashboard
  • Sustainability practices: Impact on the category
  • Sustainability best practices
  • Market environment score
  • Market competitiveness score
  • Buyer power score
  • Supplier power score
  • Ease of market entry score
  • Ease of substitution score
  • Buyer ecosystem: Outlook
  • Supplier ecosystem: Outlook
  • Ecosystem disruption threats
  • Key category management objectives
  • Supplier KPI dashboard: Importance for the category
  • Buyer KPI dashboard: Importance for the category
  • Category management enablers
  • Risk management matrix
  • Category enablers: Procurement model
  • Category enablers: Technology
  • RFx questions
  • Phase I RFI considerations
  • SLA terms
  • Supplier performance benchmarking criteria
  • Supplier operational capability matrix
  • Supplier positioning matrix
  • Berry Global – Key information dashboard
  • Greif – Key information dashboard
  • RPC – Key information dashboard
  • Schoeller Allibert – Key information dashboard
  • Jokey Plastik – Key information dashboard
  • Pact Group – Key information dashboard
  • US category spend (2018-2023)
  • Category pricing dynamics
  • Supplier cost breakup
  • Supplier margin analysis
  • Margin analysis across supply chain
  • Cost drivers
  • Volume drivers
  • Procurement excellence summary: Impact on the category
  • Supplier relationship management
  • Strategic sourcing and category management
  • Technology-facilitated procurement
  • Procurement best practices dashboard
  • Supplier operational capability matrix
  • Supplier positioning matrix
  • Risk management matrix
  • Category definition
  • Category nuances
  • Importance of category relative to other categories

Research Framework

SpendEdge presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key category influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary research

  • Procurement heads
  • Category managers
  • Sourcing consortium professionals
  • Industry experts and thought leaders
  • Procurement managers
  • Category heads of suppliers
  • Client account heads/managers
  • Client and industry consultants

Secondary research

  • Industry journals and reports
  • Periodicals and new articles
  • Category webinars
  • Internal categiry playbooks
  • Industry and government websites on regulations and compliance
  • Internal databases
  • Industry blogs/thought leader briefings


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