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Packaging Business Confidence Report H2 2015

Packaging Business Confidence Report H2 2015

Summary

Respondents feel that the overall business confidence index for H2 2015 (October 2015–March 2016) has increased compared to H1 2015 (January 2015–June 2015), which indicates that the packaging industry is recovering from the ongoing global uncertainties. Moreover, an increasing number of respondents state that the current economic conditions are stable and the future outlook remains positive as a result of growing consumer focus towards flexible and convenient packaging, and rising demand for portion control and smaller pack sizes within the food industry. Over the next six months the industry will increase its expenditure towards new product development and IT infrastructure.

Key Findings

Overall, 48% of executives rate the current economic environment as stable, whereas 24% of respondents indicate that the economic condition is very favorable or favorable

Optimism levels about company and industry growth prospects have decreased among survey respondents who operate in Asia-Pacific during H2 2015(October 2015–March 2016), compared to H1 2015 (January 2015–June 2015)

Overall, 37% of industry executives forecast a 2%–5.99% (inclusive) increase in raw material prices in H2 2015

Industry executives across the globe highlight the performance of the Eurozone and the performance of developing economies as key concerns likely to impact their company’s performance over the next six months

Packaging industry executives who operate in Asia-Pacific indicated the need to increase focus on protecting and growing market share during H2 2015 compared to H1 2015

Synopsis

Canadean’s packaging Industry Business Confidence Survey H2 2015 examines executives’ opinion on the business environment over October 2015–March 2016. It also highlights existing economic conditions, supplier price variations, sales performance, industry and company growth outlook, spending patterns, and key priorities. Additionally, it provides information categorized by region and presents a comparison with H1 2015 (January 2015–June 2015) wherever applicable.

What else does this report offer?

Current state of the global economy: examines prevailing economic conditions globally and across various regions

Company and industry growth outlook: provides industry executives’ expectations towards their company’s growth prospects and that of the industry over the next six months

Change in consumer confidence: analyzes packaging industry executives’ opinion about the change in consumer confidence during H2 2015

Supplier prices projection: determines expected changes in supplier prices across various categories and their impact on business confidence

Change in staff headcount and sales performance: tracks expected changes in staff headcount and sales for H2 2015 among industry executives globally

Significant investment activities: highlights various areas in which industry executives intend to invest over the next six months

Business concerns: provides information about potential business concerns indicated by survey respondents for H2 2015

Key priorities: identifies top priorities of industry executives operating in various regions

Reasons To Buy

The report will benefit organizations and allow them 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 changes in sales performance and supplier prices

Helps to improve operational efficiency of the organization by knowing about key priorities and the main concerns of packaging industry executives

Helps to alter investment allocation by understanding key focus areas highlighted by survey respondents during H2 2015


Introduction
Definitions
Methodology and sample size
Respondent profile
Confidence indexes
Economic State, growth prospects and consumer confidence
Existing economic environment
Industry and company growth outlook
Expected change in consumer confidence
Supplier prices, staff headcount and sales performance
Supplier prices expectations
Anticipated change in staff head count and sales projections
Anticipated change in spend on key activities
Business concerns and organizational priorities
Level of concerns and expected impact
Significance of potential business priorities
Appendix
List of Figures
Figure 1: Confidence Index- H1 2015-H2 2015 (Slide-8)
Figure 2: Current economic condition - Overall (H2 2015) comparison (H1 2015–H2 2015) (Slide-10)
Figure 3: Current economic condition - Region (Slide-11)
Figure 4: Current economic condition - Region - H1 2015–H2 2015 (Slide-12)
Figure 5: Current economic condition - Those who operate and do not operate in a region (Slide-13)
Figure 6: Industry and company growth prospects - Overall (Slide-18)
Figure 7: Industry and company growth prospects - Overall - In detail - comparison (H1 2015–H2 2015) (Slide-19)
Figure 8: Industry and company growth prospects - Region (Slide-20)
Figure 9: Industry and company growth prospects - Region - H1 2015–H2 2015 (Slide-21)
Figure 10: Anticipated variation in consumer confidence - Overall (H2 2015) comparison (H1 2015–H2 2015) (Slide-22)
Figure 11: Anticipated variation in consumer confidence - Region (Slide-23)
Figure 12: Anticipated variation in consumer confidence - Region - H1 2015–H2 2015 (Slide-24)
Figure 13: Projected change in supplier prices - Raw material - Overall and regional (Slide-29)
Figure 14: Projected change in supplier prices - Raw material - Regional - H1 2015–H2 2015 (Slide-30)
Figure 15: Projected change in supplier prices - Semi-finished products - Overall and regional (Slide-31)
Figure 16: Projected change in supplier prices - Semi-finished products - Regional - H1 2015–H2 2015 (Slide-32)
Figure 17: Projected change in supplier prices - Transit Packaging - Overall and regional (Slide-33)
Figure 18: Projected change in supplier prices - Transit Packaging - Regional - H1 2015–H2 2015 (Slide-34)
Figure 19: Projected change in supplier prices - Power and Energy - Overall and regional (Slide-35)
Figure 20: Projected change in supplier prices - Power and Energy - Regional - H1 2015–H2 2015 (Slide-36)
Figure 21: Staff headcount and sales outlook - Regional - H1 2015–H2 2015 (Slide-37)
Figure 22: Expenditure projection on key activities - Overall (Slide-38)
Figure 23: Expenditure projection on key activities - Overall - H1 2015–H2 2015 (Slide-39)
Figure 24: Top five business concerns - Region (Slide-42)
Figure 25: Business concerns - Overall and regional - A (Slide-44)
Figure 26: Business concerns - Overall and regional - A - H1 2015–H2 2015 (Slide-45)
Figure 27: Business concerns - Overall and regional - B (Slide-46)
Figure 28: Business concerns - Overall and regional - B - H1 2015–H2 2015 (Slide-47)
Figure 29: Top five organizational priorities - Region (Slide-48)
Figure 30: Organizational priorities - Overall and region (Slide-50)
Figure 31: Organizational priorities - Overall and region - Change compared to H1 2015 (Slide-51)

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