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Rubber stoppers
Market, Supplier, Risk and
Competitive Intelligence

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  • Category Report with unlimited updates
  • Supplier Watchlist for 3 suppliers
  • Supplier Shortlisting Tool

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Manage Rubber stoppers Category with Ai powered
Procurement Productivity Suite

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Abi will answer all Rubber stoppers related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

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Get up-to-date market and supplier info on Rubber stoppers to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Benchmark your category performance against peers and the market

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Get information on key factors affecting your supply

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Abi will answer all Rubber stoppers related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Rubber stoppers to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Report Coverage

  1. Executive Summary
  2. Global Market Outlook
  3. Global Market Demand
  4. Regional Demand Overview

Production Size

Global Production Size/ Capacity

$605 million (2020 E)

CAGR

5–6 percent

Expected Global Production Size/ Capacity

$235 million by 2025

Table of Contents

  1. Executive Summary
  2. Global Market Outlook
  3. Global Market Demand
  4. Regional Demand Overview
  5. Category Summary – COVID-19 Impact
  1. Market Analysis
  2. Value Chain Analysis
  3. Global Market Size
  4. Regional Market Overview
  5. Regional Market Analysis
  6. Regional Market Snapshot and Outlook
  1. Industry Analysis
  2. Porter’s Five Forces Analysis of Developed and Emerging Markets
  3. Industry Drivers and Constraints
  4. Key Industry Trends and Innovation
  5. Cost and Price Analysise
  1. Supplier Assesment
  2. Performance Assessment of Supplier
  3. KPIs in Rubber Stoppers Industry
  4. Penalties in Rubber Stoppers Industry
  1. Negotiation Levers
  2. Key Negotiation Levers: Negotiation Options Development
  3. Industry Best Practices
  1. COVID-19 Impact
  2. Impact of COVID-19 on Rubber Stoppers Industry
  3. Summary – Industry-Level Impact
  4. COVID-19 Impact – Sourcing Location Watch
  5. COVID-19 Impact – Supplier Watch

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Rubber Stoppers Global Market Outlook:

Market Overview

  • Global Rubber Stoppers Market Size: $605 million (2020 E)
  • Expected to grow at a CAGR of 5–6 percent to $790 million by 2025.
  • The global market for rubber stoppers is expected to grow by about 5–6 percent CAGR over 2020–2025, driven by the impact of COVID-19 and increasing presence of lifestyle and chronic diseases that require parenteral drugs
  • Europe is currently the largest market, with a market share of about 32 percent in 2019, but both APAC and North America are forecasted to outgrow the European market by the next five years. Both APAC and North American markets are expected to face higher demand growth from key segments, such as vaccines and insulin, which would drive the rubber stoppers demand over the period

Porter's Analysis on Rubber Stoppers

Supplier Power

  • Suppliers are mostly large chemical firms, who produce multiple products and cater to a wide range of industries
  • Their largest buyers are automobile and construction firms, and as a result, rubber stopper manufacturers do not have much power in the value chain
  • Butyl rubber is commoditized, which slightly moderates the power

Barriers to New Entrants

  • Regulatory approval, clean room requirements, and sterile packaging require high initial investment
  • There is also additional investment, in terms of R&D requirement to develop custom barrierss

Intensity of Rivalry

  • Owing to consolidated nature of the supply base and high supplier switching cost, there is low competition among suppliers, as buyers do not change suppliers often

Threat of Substitutes

  • Currently, there is no pertinent substitute, which will adhere to the elasticity, inertness, permeability of rubber
  • Even though corks and glass/plastic closures can act as substitutes for rubber stoppers, to replace the physical qualities of rubber, will take a fair bit of innovation, which is currently not there in the industry

Buyer Power

  • Buyers of rubber stoppers have high negotiation power, due to the standard nature of the product
  • However, the consolidated nature of the industry and high supplier switching cost moderate the power

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