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Packaging Industry Business Confidence Report H1 2017

  • February 2017
  • 44 pages
  • ID: 3638580
In this report:
Comprehensive desk research was also conducted across Packaging industry sources, with a focus on examining the current state of the economy, the impact of supplier prices, industry growth prospects, consumer confidence, and the market trends that are currently affecting the industry.
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Packaging Industry Business Confidence Report H1 2017

Brief

Amidst the market uncertainty with regard to Brexit and the additional US presidency, the existing economic environment is stable for the packaging industry, and customer confidence levels will remain positive during H1 2017 (February 2017-July 2017). Survey results reveal that executives who operate in North America project a more favorable opinion about the economic prospects in the region for H1 2017. Improvement in the labor market, positive sales growth, rise in disposable income, expansion of retail chains, declining/stable oil prices, and escalating healthcare costs are anticipated to drive increase for the packaging industry over the next six months. The packaging industry is anticipated to record bigger expenditure in additional product development, and marketing and advertising in H1 2017. Moreover, executives with business operations in the North America and Asia-Pacific regions expect an increase in sales growth in H1 2017.

Global Data's Packaging Industry Business Confidence Report Feb-July 2017 examines executives' opinion about the business environment during H1 2017 (Feb-July 2017). It also highlights existing economic conditions, supplier price variations, sales performance, industry and company growth outlook, spending patterns, and main priorities. On top of, The study offers data categorized by region.

Why purchasing this study can help you?

- Current state of the overall economy: examines prevailing economic conditions globally and across several regions

- Company and industry growth outlook: offers industry executives' expectations towards the growth prospects of their company and the industry over the next six months

- Change in customer confidence: examines packaging industry executives' opinion about the change in customer confidence during H1 2017

- Supplier prices projection: determines expected change in supplier prices across different categories and their impact on business confidence

- Change in staff headcount and sales performance: tracks expected change in staff headcount and sales for H1 2017 among industry executives globally

- Significant investment activities: features several areas in which industry executives intend to invest over the next six months

- Business concerns: offers info about plausible business concerns indicated by survey respondents for H1 2017

- Key priorities: determines the best priorities of industry executives operating in different regions

Overview

- In total, 46.0 percent of survey respondents state that the current economic environment is stable, whereas 33.0 percent of respondents indicated that the economic condition is very favorable or favorable

- The positive outlook towards company growth over the next six months is more important among executives with business operations in the Asia-Pacific

- The majority of respondents with business operations in the Asia-Pacific anticipate a meaningful increase in consumer confidence during the next six months

- Globally, 35.0 percent of packaging industry executives expect an increase of 2.0 percent to ~6.0 percent in the supplier prices of raw materials during the next six months

- Industry executives across the globe highlight lower emphasis on product/service safety scares in their area of operation and health epidemics over the next six months

Great reasons to purchase

- Benefits organizations to make effective business strategy decisions by knowing the prevailing business conditions and sentiment within the packaging industry

- Organizations will be supported in business expansion decisions by providing information about projected change in sales performance and supplier prices

- Helps to improve operational efficiency of the organization by knowing about top priorities and the principal concerns of packaging industry executives

- Helps to alter investment allocation by understanding main focus areas highlighted by survey respondents during H1 2017

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