Plastic Bottle Manufacturing in Canada
The Plastic Bottle Manufacturing industry converts polyethylene terephthalate (PET), high-density polyethylene (HDPE) and other plastic resin pellets into bottles for use by a variety of downstream markets. The industry's largest customer is beverage and food manufacturers. Industry performance is heavily influenced by consumer demand for these goods. In addition, input costs are generally passed along to buyers through product pricing. This means changes in the price of volatile hydrocarbons commodities can influence industry performance as well. Falling input costs and per capita soft drink consumption have contributed to stagnating industry revenue over the five years to 2017. Over the next five years, demand from both domestic and US consumer product manufacturers is anticipated to rise, driving sales of bottled consumer goods and beverages. The world price of natural gas is expected to rise during the same period, which will benefit selling prices. However, rising import penetration, constrained exports, an expected appreciation of the Canadian dollar and slowing demand for soft drinks are expected to constrain growth during the period. Over the five years to 2022, industry revenue is forecast to fall.
This industry manufactures a range of bottles from different plastic compounds based on their end use. These bottles are then sold to beverage, food and chemical manufacturers for packaging soft drinks, milk, condiments and household and automotive chemicals. This industry does not manufacture reusable plastic bottles.
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.