Over the past five years, plastic consumption has accelerated. Plastic products have increasingly substituted materials such as wood, paper, metals and glass in many applications. Even with these positive trends, revenue for Global Plastic Product and Packaging Manufacturing industry is expected to decline over the five years to 2016. This decrease has been underpinned by dramatically reduced world oil prices, which reduce input costs and also limit selling prices to downstream industries. However, the five years to 2021 are expected to be prosperous for the industry, thanks to continuing improvements in demand for plastic. However, input price volatility and concerns about a slowdown in developing Asian economies will threaten the industry over the next five years. Despite these challenges, industry revenue is expected to increase during the period.
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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.