Breaking molds: Strong demand for new, lightweight products from downstream industries will boost revenue

Responding to increased demand within the industry's downstream markets, the Plastic Products Miscellaneous Manufacturing industry in California has grown steadily over the past five years. Miscellaneous plastic product demand has increased as consumer spending has grown; however, subdued input costs have limited industry operators and revenue growth opportunities. However, as consumer spending continues to grow, and the price of plastic and resin inputs rebounds, industry revenue is expected to increase. As consumer spending in California continues to grow, demand for industry products such as housewares, motor vehicle parts and replacement appliance parts will increase as well. Additionally, the continued recovery of plastic input prices will aid revenue growth...read more.

Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 12-17
6.3%
Forecast Growth 17-22
Profit
Employment
29,966
Businesses
719

Industry Threats & Opportunities

  • Recovering plastic input prices and increased downstream demand has spurred industry revenue growth
  • Housing market growth has increased demand for industry products among the renovation and construction markets
  • Growth in the housing and construction markets will drive demand for industry products
  • Industry Report - Industry SWOT Analysis Chapter

    ***This section is not used for US State reports***.Only set Reasons & Level!...purchase to read more.

    Additional Insights for the Plastic Products Miscellaneous Manufacturing in California Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Plastic Products Miscellaneous Manufacturing in California Industry are

  • Favorable supply contracts for key inputs
  • Output is sold under contract - incorporate long-term sales contracts
  • Undertaking technical research and development
  • IBISWorld analysts also discuss how external factors such as Value of Residential Construction in California and Consumer Spending in California in the Plastic Products Miscellaneous Manufacturing in California industry impact industry performance..

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    What's in this report

    What is the Plastic Products Miscellaneous Manufacturing in California Industry?

    This industry comprises companies that manufacture a range of plastic products, including housewares, building materials, motor vehicle parts, resilient floor coverings and appliance parts. This industry excludes plastic film, sheets, bags, profile shapes, pipes, pipe fittings, laminates, foam products and bottles.

    Industry Products
  • Consumer, institutional and commercial fabricated plastic products
  • Fabricated plastic products for transportation applications
  • Plastic packaging
  • Fabricated plastic products for building applications
  • Other plastic products
  • Reinforced and fiberglass plastic products
  • Fabricated plastic products for electrical/electronic applications
  • Plastic plumbing fixtures
  • Industry Activities
  • Plastic housewares (e.g. fixtures and fittings)
  • Plastic building materials
  • Plastic packaging material (except bottles)
  • Plastic bottle cap and lid
  • Plastic floor covering
  • Plastic motor vehicle part
  • Plastic inputs for appliances
  • Plastic credit and identification card
  • Plastic inputs for consumer durables
  • Plastic trash container
  • Similar Industries
  • Chemical Product Manufacturing
  • Plastic Pipe & Parts Manufacturing
  • Laminated Plastics Manufacturing
  • Polystyrene Foam Manufacturing
  • Urethane Foam Manufacturing
  • Plastic Bottle Manufacturing
  • Plastic Products Miscellaneous Manufacturing
  • Rubber Product Manufacturing
  • Valve Manufacturing
  • Office Furniture Manufacturing
  • Plastic Film, Sheet & Bag Manufacturing in California
  • Plastic Film, Sheet & Bag Manufacturing in New York
  • Plastic Products Miscellaneous Manufacturing in New York
  • Plastic Film, Sheet & Bag Manufacturing in Illinois
  • Plastic Products Miscellaneous Manufacturing in Illinois
  • Plastic Products Miscellaneous Manufacturing in Texas
  • Plastic Products Miscellaneous Manufacturing in Florida
  • Plastic Products Miscellaneous Manufacturing in Massachusetts
  • Plastic Film, Sheet & Bag Manufacturing in Ohio
  • Plastic Products Miscellaneous Manufacturing in Ohio
  • Plastic Film, Sheet & Bag Manufacturing in Pennsylvania
  • Plastic Products Miscellaneous Manufacturing in Pennsylvania
  • Plastic Film, Sheet & Bag Manufacturing in New Jersey
  • Plastic Products Miscellaneous Manufacturing in New Jersey
  • Plastic Products Miscellaneous Manufacturing in Georgia
  • Plastic Products Miscellaneous Manufacturing in Michigan
  • Plastic Products Miscellaneous Manufacturing in Wisconsin
  • Plastic Products Miscellaneous Manufacturing in Washington
  • Plastic Products Miscellaneous Manufacturing in Virginia
  • Plastic Products Miscellaneous Manufacturing in Tennessee
  • Plastic Products Miscellaneous Manufacturing in North Carolina
  • Plastic Products Miscellaneous Manufacturing in Minnesota
  • Plastic Products Miscellaneous Manufacturing in Maryland
  • Plastic Products Miscellaneous Manufacturing in Colorado
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Value of Residential Construction in California
  • Consumer Spending in California
  • Price of plastic materials and resin
  • Trade-weighted index

  • Current Performance
  • Robust demand
  • Housing market development
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Continued downstream growth and consumer spending
  • Volatility pushing consolidation
  • Table: Plastic Products Miscellaneous Manufacturing in California Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Plastic Products Miscellaneous Manufacturing in California Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Flooring Installers
  • Computer Manufacturing
  • Computer Peripheral Manufacturing
  • Electrical Equipment Manufacturing
  • Car & Automobile Manufacturing
  • Automobile Interior Manufacturing
  • Auto Parts Manufacturing
  • Furniture Wholesaling
  • Tool & Hardware Wholesaling
  • Plumbing & Heating Supplies Wholesaling

  • Key Selling Industries
  • Industrial Machinery & Equipment Wholesaling
  • Plastic & Resin Manufacturing

  • Products & Services
  • Consumer, institutional and commercial fabricated plastic products
  • Fabricated plastic products for transportation applications
  • Plastic packaging
  • Fabricated plastic products for building applications
  • Other plastic products
  • Reinforced and fiberglass plastic products
  • Plastic plumbing fixtures
  • Fabricated plastic products for electrical/electronic applications
  • Chart: Plastic Products Miscellaneous Manufacturing in California Industry Products and Services Segmentation

  • Major Markets
  • Food and beverage manufacturers
  • Consumers
  • Construction industries
  • Agricultural industries
  • Pharmaceutical industries
  • Other markets
  • Chart: Major Market Segmentation for the Plastic Products Miscellaneous Manufacturing in California Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation and rent
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Plastic Products Miscellaneous Manufacturing in California

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Plastic Products Miscellaneous Manufacturing in California Industry

  • Armstrong World Industries Inc., PolyOne Corporation, SABIC Innovative Plastics, Virco Manufacturing Corporation,
  • Table: Armstrong World Industries Inc. - financial performance
  • Table: PolyOne Corporation - financial performance
  • Table: SABIC Innovative Plastics - financial performance
  • Table: Virco Manufacturing Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Plastic Products Miscellaneous Manufacturing in California Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Plastic Products Miscellaneous Manufacturing in California Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Price of plastic materials and resin (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Blow Molding
  • A manufacturing process by which hollow plastic parts are formed.
  • Extrusion
  • A manufacturing process by which plastic or another material is forced through a series of dies to create desired shapes.
  • Injection Molding
  • A manufacturing process for forming objects by heating the molding material to a fluid state and injecting it into a mold.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Plastic Products Miscellaneous Manufacturing in California Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Plastic Products Miscellaneous Manufacturing in California industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Plastic Products Miscellaneous Manufacturing in California:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Plastic Products Miscellaneous Manufacturing in California market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Plastic Products Miscellaneous Manufacturing in California, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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