Plastic Film, Sheet & Bag Manufacturing in the US
The Plastic Film, Sheet and Bag Manufacturing industry has declined slightly, as increased demand from consumers has been countered by volatile input prices. These lower input prices have forced industry operators to cut product prices and have dragged revenue down throughout the period. Over the five years to 2023, industry revenue is expected to grow at an annualized rate of 1.5% to $47.9 billion. Consumer spending is expected to grow at an annualized rate of 2.0% over the five-year period. As consumers require additional plastic film, sheets and bags, demand for this industry's products will rise.
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.
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.
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