Plastic Film, Sheet & Bag Manufacturing in the US - Industry Market Research Report
Description
Plastic Film, Sheet & Bag Manufacturing in the US
Revenue for plastic film, sheet and bag manufacturers has grown through the end of 2023, a direct result of increased consumer spending. Industrial production in the United States has also promoted revenue growth. However, the economic effects of COVID-19 resulted in decreased consumer spending and industrial production, which led to a 1.8% decrease in revenue in 2020. Overall, industry revenue has risen a CAGR of 1.0% to $51.9 billion through the end of 2023, including a 0.8% decrease in 2023. While revenue has increased, industry profit has declined as a result of high plastic materials and resin prices, a main input for manufacturers.
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.
Revenue for plastic film, sheet and bag manufacturers has grown through the end of 2023, a direct result of increased consumer spending. Industrial production in the United States has also promoted revenue growth. However, the economic effects of COVID-19 resulted in decreased consumer spending and industrial production, which led to a 1.8% decrease in revenue in 2020. Overall, industry revenue has risen a CAGR of 1.0% to $51.9 billion through the end of 2023, including a 0.8% decrease in 2023. While revenue has increased, industry profit has declined as a result of high plastic materials and resin prices, a main input for manufacturers.
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.
Table of Contents
51 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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