LONDON--(BUSINESS WIRE)--Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ‘Global Unit Dose Packaging Market Procurement Research Report.' The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the packaging and labeling industry. This report breaks down the data and analysis behind the procurement of unit dose packaging and acts as an all-inclusive guide for making smart purchasing decisions.
“The growth in the global unit dose packaging market is dependent on the market dynamics in the pharmaceutical market and the increase in the government spending on public healthcare,” says SpendEdge procurement research analyst Tridib Bora. “The advent of new diseases, rise in aging population, and increasing awareness about healthcare and food safety will further drive the growth of unit dose packaging products in the coming years,” added Tridib.
Key Report Features
| Supply Market Insights | Negotiation Strategies | |||||
| Procurement Best Practices | Category Risk Analysis | |||||
| Cost Saving Opportunities | Key Supplier Analysis | |||||
| Pricing Models | Supplier Capability Matrix |
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Report Insights
- An increased use of unit dose packaging in the healthcare sector has led to the worldwide growth of the unit dose packaging market. Particularly the use of multi-purpose sachets in the single-dose format has been growing. This is due to its use for marketing and brand building efforts and product improvements that include improved moisture, better conformability, and easy-to-use features.
- The procurement managers must ensure that they engage with unit dose suppliers that have invested in advanced manufacturing equipment and have access to multiple primary and secondary manufacturing lines. Also, the buyers should ensure that they engage with suppliers who possess the technical expertise of the products and those who are up-to-date with the different regulatory requirements across multiple geographies.
- One of the challenges for buyers in this market includes the aspect of poor labeling. Pharmaceutical companies are required to use different text for labeling and packaging of medicines based on regulations across multiple markets. A poorly labeled unit dose container or pouch has a high probability of causing an error while dispensing medicines. Therefore, they must meet the industry requirements in order to avoid such obstacles.
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Global Unit Dose Packaging Market Pricing Trends
The unit pricing model and volume-based pricing model are the two widely adopted pricing models in the unit dose packaging industry. The unit pricing model offers the buyers the advantage of cost clarity which enables the buyers to negotiate on the price per unit. The volume-based pricing model offers provision for large discounts due to contracts for bulk purchases. It also offers an advantage of having a higher cost predictability when compared with the other pricing models. Index-based pricing model and market pricing model are the other pricing models that are prevalent in the global unit dose packaging market. While index-based pricing model offers buyers the opportunity to capitalize on market fluctuations the market-pricing model helps buyers to procure materials at competitive prices.
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