Household Cleaners Contract Manufacturing Procurement Intelligence
In this Household Cleaners Contract Manufacturing procurement intelligence report, we have estimated the key cost components which include raw materials, labor, equipment & machinery, rent & utilities, packaging & transportation, and other costs. Other costs can be further bifurcated into research & development (R&D), administrative expenses, taxes & insurance, maintenance & repairs, depreciation, and interests.
The price charged by the contract manufacturers in the category might differ based on a number of variables, including the complexity of the project, the amount of output and inputs, location, raw material pricing, and more. Business enterprises (brand owners) need to assess about what they exactly expect when entering into a business relationship with a contract manufacturer.
The cost-plus pricing model is typically used by manufacturers in this category. This model is used to maximize the profit for the manufacturer. It entails adding up all costs associated with the product and adding on a percentage for profit. This model reduces the risk of underpricing or overpricing products. However, this model does not consider the value perceived by the consumer based on benefits, features, and product differentiation. In certain instances, manufacturers may prefer to use other pricing models, such as competition-based pricing or demand-based pricing.
Order your copy of the Household Cleaners Contract Manufacturing category procurement intelligence report 2023-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
Operational Capabilities - Electric Vehicles
- Industry Served - 20%
- Years In Service - 15%
- Revenue Generated - 15%
- Employee Strength - 15%
- Geographical Service Provision - 15%
- Certifications - 10%
- Key Clients - 10%
Functional Capabilities - Electric Vehicles
- Type of EV (BEV / PHEV) - 25%
- Driving Range - 25%
- Power & Torque - 20%
- Charging Specifications - 10%
- Energy Consumption - 10%
- Type of Battery & Capacity - 5%
- Others - 5%
Rate Benchmarking
The key factor in the total cost of employing a contract manufacturer is location. Manufacturers in locations with greater cost of living, such as Western Europe and North America, typically charge more prices than those in Asia and Africa. The cost may vary depending on the region or nation due to differences in labor prices, tax laws, regulatory frameworks, and logistical issues challenges.
The average hourly rate for the companies offering contract manufacturing services by nations are USD 99.9 to 148.9 (in U.S.), USD 24.9 to 48.9 (in India), USD 49.9 to USD 98.9 (in U.K.), USD 25.9 to USD 49.9 (in Canada), USD 49.9 to USD 98.9 (in Australia), and USD 24.9 to USD 48.9 (in Mexico, Poland, and Spain).
Supplier Newsletter
In October 2022, Guy & O'Neill, Inc. announced the acquisition of U.S. wipes operations of Albaad, USA, Inc. This acquisition has helped Guy & O'Neill in improving quality, customer service, production capacity, innovation, and efficiency for both present and potential clients. The ongoing commitment of Guy & O'Neill to offer a wide range of products, product formats, categories, and consumer solutions was furthered by this acquisition.
In August 2022, Colep Consumer Product’s packaging entity Colep Packaging announced the acquisition of 40% stake in ALM, S.L. This acquisition helped Colep in developing and flourishing by diversifying its package offerings and offering a greater selection of packaging solutions made of sustainable materials. It is able to provide the market with additional options, adaptability, and personalization through technologically advanced solutions.
In February 2022, Essity AB announced the acquisition of Legacy Converting, Inc. the acquisition has helped Essity in strengthening it ‘Tork’ product brand (typically comprising wiping and cleaning products), thus, benefiting the company’s North American customer base. With an enhanced professional hygiene offering and deeper surface cleaning and disinfecting knowledge, Essity has turned into a single point of contact for customers' sustainable hygiene needs.
List of Key Suppliers
- BMW AG
- Tesla, Inc.
- Volkswagen AG
- General Motors Company
- BYD Company Limited
- Mercedes-Benz Group AG
- Nissan Motor Co., Ltd.
- Toyota Motor Corporation
- SAIC Motor Corporation Limited
- Stellantis N.V.
- Ford Motor Company
- Hyundai Motor Company
- Renault SAS
- XPeng Inc.
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Household Cleaners Contract Manufacturing Procurement Intelligence Report Scope
- Household Cleaners Contract Manufacturing Category Growth Rate : CAGR of 11% from 2023 to 2030
- Pricing Growth Outlook : 5% - 10% (Annually)
- Pricing Models : Cost-plus pricing, competition-based pricing, demand-based pricing, hourly pricing, and fixed pricing
- Supplier Selection Scope : Cost and pricing, past engagements, productivity, geographical presence
- Supplier Selection Criteria : Geographical service provision, years in service, employee strength, quality management system, technologies deployed in manufacturing, regulatory compliance & IP protection, assembly & storage capacity, transportation support, lead time, and others
- Report Coverage : Revenue forecast, supplier ranking, supplier positioning matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model
Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.
Our services include (not limited to):
- Market Intelligence involving – market size and forecast, growth factors, and driving trends
- Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
- Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
- Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions
