$52.5bn
$X.Xbn
32,586
2,473
$X.Xbn
As a key supply chain intermediary, plastics wholesalers distribute resin and raw plastic materials to plastic product manufacturers, other wholesalers, businesses, retailers and many other buyers. The industry has historically been vulnerable to economic fluctuations that disrupt its upstream suppliers and downstream buyers, as demonstrated during the pandemic and the Russian invasion of Ukraine. Plastics wholesalers are subject to price changes in plastic materials and resin, contributing to considerable revenue volatility in recent years. Overall, industry revenue has lagged at a CAGR of 0.2% to $52.5 billion over the past five years, including a 0.3% increase in 2024.
Industry revenue has declined at a CAGR of 0.2 % over the past five years, to reach an estimated $52.5bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($short_0)
2024 | Profit ($short_0)
2024 | Profit Margin (%)
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There are no companies that hold a large enough market share in the Plastics Wholesaling in the US industry for IBISWorld to include in this product.
Industry revenue is measured across several distinct product and services lines, including Raw plastic materials and laminates, Plastic pipes, rods, tubes and shapes and Synthetic resins. Raw plastic materials and laminates is the largest segment of the Plastics Wholesaling in the US.
Raw plastic materials and laminates face eco-friendly alternatives
This industry wholesales plastic materials and resins, as well as unsupported plastic films, sheeting, rods, tubes and other basic forms and shapes. The industry predominantly sells these products to industrial manufacturers. Manufacturers use plastic products to manufacture durable goods.
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NAICS 42461 - Plastics Wholesaling in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Wholesalers have turned to consolidation to stimulate growth. Larger wholesalers have leveraged economies of scale and existing relationships to outperform smaller companies ...
Learn about an industry's products and services, markets and trends in international trade.
Downstream markets are critical to wholesalers. Other wholesalers, manufacturing industries and the construction sector purchase significant plastic and resin products.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
To cut transportation costs, wholesalers position themselves near major trading hubs and supply chains. Wholesalers will frequently locate in the Great Lakes and Southeast si...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Long-term distribution agreements are crucial to a plastic wholesaler's success. This impacts a wholesaler's ability to meet customer needs and limit cost fluctuations.
Learn about the performance of the top companies in the industry.
Companies have looked to consolidate to increase economies of scale. Even so, no company in the industry controls a significant share of total sales.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The industry faces light regulation. Wholesalers must acquire standard wholesaler licenses and abide by transportation and waste laws.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Wholesalers have attempted to lower wage costs by integrating new technology. Still, wholesalers need labor for nearly all vital services, like packing, sales and transportat...
Including values and annual change:
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Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Plastics Wholesaling in the US industry in United States is $52.5bn in 2024.
There are 2,473 businesses in the Plastics Wholesaling in the US industry in United States, which has declined at a CAGR of 2.1 % between 2019 and 2024.
The market size of the Plastics Wholesaling in the US industry in United States has been declining at a CAGR of 0.2 % between 2019 and 2024.
Over the next five years, the Plastics Wholesaling in the US industry in United States is expected to grow.
Plastic foam wholesaling and Plasticizers wholesaling are part of the Plastics Wholesaling in the US industry.
The level of competition is moderate and steady in the Plastics Wholesaling in the US industry in United States.