Plastic Pipe & Parts Manufacturing in Canada
The Plastic Pipe and Parts Manufacturing industry has struggled to achieve revenue growth over the five years to 2017, mainly as a result of lulls in overall demand for new home construction across the Canadian economy. Housing construction represents one of the industry's largest downstream markets, and further decline in this sector has posed major challenges for establishments that provide plastic pipe, parts and fittings to new homes. Moving forward, the industry may return to some general stability. Demand from construction and irrigation activities is projected to remain stable, while continued declines in new home construction remain the largest area of weakness for the industry. In addition, plastic manufacturers will likely continue to limit any substantial investment in wages, employment or establishment growth in a continued effort to reduce costs, consolidate operations and boost profitability. Nevertheless, industry revenue is expected to slightly rebound over the next five years.
This industry manufactures a range of plastic pipes, plastic fittings, unlaminated plastic shapes and other plastic rods, tubes, plates and car parts. Industry operators do not manufacture plastic hose fixtures, plastic plumbing fixtures or plastic packaging.
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.