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The global plastic parts and packaging industry continues to face potential volatility. Trade uncertainties due to tariffs, particularly involving the US, Mexico, Canada, and China, are creating cost pressures for manufacturers who must consider pricing adjustments or supply chain realignments. Shifts in petrochemical prices further complicates cost management, pushing companies to explore alternative materials to stabilize input costs. Meanwhile, e-commerce growth has driven higher demand for packaging but also raised environmental concerns, prompting a shift toward sustainable packaging solutions like biodegradable and recycled materials.
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IBISWorld's research coverage on the Global Plastic Product & Packaging Manufacturing industry includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released April 2025.
The Global Plastic Product & Packaging Manufacturing industry operates under the industry code C1951-GL. Enterprises in the Global Plastic Product and Packaging Manufacturing 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. Related terms covered in the Global Plastic Product & Packaging Manufacturing industry include plastic, resin, polymer, polyethylene terephthalate (pet) and extrusion .
Products and services covered in Global Plastic Product & Packaging Manufacturing industry include Plastic containers and packaging products, Miscellaneous plastic products and Intermediate and other plastic goods.
Companies covered in the Global Plastic Product & Packaging Manufacturing industry include Evonik Industries AG.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Global Plastic Product & Packaging Manufacturing industry.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Global Plastic Product & Packaging Manufacturing industry.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Global Plastic Product & Packaging Manufacturing industry.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Global Plastic Product & Packaging Manufacturing industry. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Global Plastic Product & Packaging Manufacturing industry. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Global Plastic Product & Packaging Manufacturing industry. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Global Plastic Product & Packaging Manufacturing industry. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Global Plastic Product & Packaging Manufacturing industry.
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The market size of the Global Plastic Product & Packaging Manufacturing industry is $883.3bn in 2026.
There are 119k businesses in the Global Plastic Product & Packaging Manufacturing industry, which has declined at a CAGR of 0.4 % between 2020 and 2025.
The Global Plastic Product & Packaging Manufacturing industry is likely to be significantly impacted by import tariffs with imports accounting for a high share of industry revenue.
The Global Plastic Product & Packaging Manufacturing industry is likely to be significantly impacted by export tariffs with exports accounting for a high share of industry revenue.
The market size of the Global Plastic Product & Packaging Manufacturing industry has been growing at a CAGR of 2.9 % between 2020 and 2025.
Over the next five years, the Global Plastic Product & Packaging Manufacturing industry is expected to grow.
The biggest company operating in the Global Plastic Product & Packaging Manufacturing industry is Evonik Industries AG
Plastic containers and packaging products and Miscellaneous plastic products are part of the Global Plastic Product & Packaging Manufacturing industry.
The company holding the most market share in the Global Plastic Product & Packaging Manufacturing industry is Evonik Industries AG.
The level of competition is high and increasing in the Global Plastic Product & Packaging Manufacturing industry.