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Global Plastic Product & Packaging Manufacturing: Market Research Report

Global Market Research • Global Market Size • Industry Statistics • Industry Analysis • Industry Trends

Global Plastic Product & Packaging Manufacturing Market Research Report | Feb 2014

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Plastic Product & Packaging Manufacturing global market research report offers insightful industry analysis and research into the market at an international level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Forecast
Revenue
$830bn
Annual Growth 09-14
2.8%
Annual Growth 14-19
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Profit
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Employment ('000)
4,102
Businesses
139,488
Industry Analysis & Industry Trends

Over the past five years, consumers of have increased their consumption of plastic. This trend has caused plastic products to increasingly substitute materials such as wood, paper, metals and glass in many applications. The next five years are also expected to be prosperous for the industry thanks to continuing growing demand for industry products. However, global economic uncertainties, including the European debt crisis and concerns about a slowdown in rapidly developing Asian economies, will present challenges over the period... read more

Starting a New Business

Barriers to entry for this industry are high. Existing large players can negotiate lower prices for raw materials (principally plastic resins), which represent a large percentage of total industry costs. This enables them to offer their products to their customers at a more affordable price than new or entering competitors which do not have such bargaining power. Because of this, new entrants may find it difficult to compete as price is a key competitive factor used in attracting customers, with demand for plastic products being highly price elastic.

Apart from price pressures, significant investments are required in acquiring plant and equipment for the manufacturing process to take place... read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Global Plastic Product & Packaging Manufacturing Industry?

Enterprises in this industry manufacture a variety of plastic goods, including plastic building materials, products used to package food and beverages and plastic products used to manufacture furniture and other durable goods. Companies that manufacture foam products, such as those used in automotive manufacturing and insulation for housing, are also included in this industry.

Industry Products
Plastic used in furniture, construction, transportation, electricalPlastic pipes, plates, shapes and sheets, including plastic bagsPlastic containers and packaging productsFoam used in furniture, construction, transportation and electricalFoam packaging products
 
Industry Activities
Manufacturing plastic containers and packaging productsManufacturing plastic pipes, plates, shapes and sheets, including plastic bagsManufacturing plastic used in furniture, construction, transportation and electrical goodsfoam packaging productsManufacturing foam used in furniture, construction, transportation and electrical goods


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