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New York, November 8, 2021/PRNewswire/ - The steel pipe market will increase spending by approximately US$10.95 billion, growing at a compound annual growth rate of 3.07% during the five-year forecast period. Targeted steel pipe sourcing strategies can bring multiple opportunities to buyers. The report also provides market impact and new opportunities arising from the COVID-19 pandemic.
The main highlights provided in the report:
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Insight into buyer strategies and tactical negotiation levers:
The report explains several strategic and tactical negotiation levers to help buyers achieve the best prices in the steel pipe market. The report also helps buyers understand the relevant steel pipe pricing levels, the advantages and disadvantages of popular pricing models, such as quantity-based pricing, spot pricing and cost-plus pricing, as well as category management strategies and best practices to achieve their category goals.
For more insights on buyer strategy and tactical negotiation leverage, please visit www.spendge.com/report/steel-pipe-sourcing-and-procurement-intelligence-report
The main driving factors and trends driving market growth:
The pressure of substitutes and the moderate threat of new entrants have led to low bargaining power of suppliers.
Price forecasts are beneficial to purchasing plans, especially when supplemented by continuous monitoring of price-influencing factors. During the forecast period, the market is expected to change from 4% to 6%.
SpendEdge presents a detailed picture of this procurement market by studying, synthesizing and summarizing data from multiple sources. Our steel pipe market procurement report covers the following areas:
Some of the top steel pipe suppliers listed in this report:
This steel pipe procurement intelligence report collects top suppliers and their cost structures, SLA terms, best selection criteria and negotiation strategies.
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SpendEdge is as passionate about promoting sourcing and sourcing excellence as you are. We are the preferred sourcing market intelligence partner for more than 120 Fortune 500 companies and other leading companies in many industries. Our advantage lies in providing powerful, real-time procurement market intelligence reports and solutions.
SpendEdge Anirban Choudhury Marketing Manager Tel: +1 (872) 206-9340 https://www.spendge.com/contact-us
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