Overview

In the bag: Rising consumer spending will fuel revenue growth and expand profit margins

IBISWorld’s Plastic Film, Sheet & Bag Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • As consumers increase spending, demand for this industry’s products will rise
  • Operators have been consolidating manufacturing facilities to boost productivity
  • Revenue growth in the retail, wholesale and distributors markets is expected to remain strong

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    Industry Analysis & Industry Trends

    The Plastic Film, Sheet and Bag Manufacturing industry has been recovering steadily in line with the broader economy, as increased consumer demand and demand from downstream markets drives growth in industry revenue. As the economy improved over the past five years, the industry experienced a boost in revenue as a result of greater consumer spending. In the coming years, operators are expected to benefit from economies of scale, as mergers and acquisitions persist...

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    Industry Report - Industry SWOT Analysis Chapter

    The Plastic Film, Sheet and Bag Manufacturing industry is strongly entrenched as a mature industry. Industry revenue has been growing with increased consumer spending and increased demand from the retail and manufacturing sectors. Industry value added (IVA), which measures an industry's contribution to gross domestic product (GDP), is expected to grow at an annualized rate of 1.0% over the 10 years to 2022, compared with expected annualized GDP growth of 2.0% over the same period.

    Over the past few years, there have been a number of mergers and acquisitions that have changed the industry's competitive landscape. For example, Bemis acquired the Food Americas operations of Alcan Packaging. Mer..

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    Additional Insights for the Plastic Film, Sheet & Bag Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Plastic Film, Sheet & Bag Manufacturing Industry are

  • Undertaking technical research and development
  • Use of production techniques that add value to base product(s)
  • Supply contracts in place for key inputs
  • IBISWorld analysts also discuss how external factors such as Consumer spending and Demand from food manufacturing in the Plastic Film, Sheet & Bag Manufacturing industry impact industry performance..

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    Industry Products

    What is the Plastic Film, Sheet & Bag Manufacturing Industry?

    This industry converts plastic resins into various films, sheets and bags. Industry products are used by manufacturers for packing and storing products, by retailers for transporting merchandise and by consumers for household purposes. Industry operators also form, coat or laminate plastic film and sheets into single-wall or multiwall plastic bags.

    Industry Products
    Plastic bags
    Plastic packaging film and sheets
    Plastic film and sheets (excluding packaging)
    Industry Activities
    Manufacturing plastic film for bags
    Manufacturing plastic film for food storage bags
    Manufacturing plastic film for grocery bags
    Manufacturing plastic film for merchandise bags
    Manufacturing plastic film for trash bags
    Manufacturing plastic film for packaging
    Manufacturing plastic film (except for packaging)
    Manufacturing plastic film and unlaminated sheet (except packaging)
    Manufacturing unlaminated plastic sheets (except packaging)

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Consumer spending
  • Demand from food manufacturing
  • Demand from agriculture, forestry, fishing and hunting
  • Demand from construction
  • Price of plastic materials and resin
  • Trade-weighted index

  • Current Performance
  • Downstream markets
  • Profit
  • Industry structure
  • International trade
  • Chart: Revenue Growth

  • Industry Outlook
  • Increased consumer spending
  • Foreign competition increases
  • Profitability and structure changes
  • Table: Plastic Film, Sheet & Bag Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Plastic Film, Sheet & Bag Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Agriculture, Forestry, Fishing and Hunting
  • Construction
  • Candy Production
  • Snack Food Production
  • Soda Production
  • Bottled Water Production
  • Cigarette & Tobacco Manufacturing
  • Retail Trade
  • Supermarkets & Grocery Stores
  • Warehouse Clubs & Supercenters

  • Key Selling Industries
  • Organic Chemical Manufacturing
  • Plastic & Resin Manufacturing

  • Products & Services
  • Plastic film and sheets (excluding packaging)
  • Plastic packaging film and sheets
  • Plastic bags
  • Chart: Plastic Film, Sheet & Bag Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Food and beverage manufacturers and retailers
  • Consumers
  • Construction industries
  • Agricultural industries
  • Pharmaceutical and medical manufacturers
  • Other markets
  • Chart: Major Market Segmentation for the Plastic Film, Sheet & Bag Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Plastic Film, Sheet & Bag Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Plastic Film, Sheet & Bag Manufacturing Industry

  • Industry Globalization
    Major Companies
    Bemis Company Inc.
  • Table: Bemis Company Inc. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Plastic Film, Sheet & Bag Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Plastic Film, Sheet & Bag Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Domestic price of plastic resin (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Coextrusion
  • A process of extruding two or more layers of plastic.
  • Cryovac
  • A process used to remove any excess oxygen from a bag, which is then heat-sealed to make it airtight.
  • Extrusion
  • A process of shaping melted plastic into a single, undeviating form, such as a tube.
  • Laminate
  • A sheet of material made by bonding two or more sheets or layers.
  • Multiwall
  • A type of packaging with several outer layers.
  • Polyethylene
  • A lightweight thermoplastic used in packaging and insulation.
  • Vinyl
  • A polyvinyl chloride material that can be rigid or flexible.
  • Why buy this report?

    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
    • Quickly build competitive intelligence
    This report on Plastic Film, Sheet & Bag Manufacturing:
    • 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 Film, Sheet & Bag Manufacturing 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 Film, Sheet & Bag Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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