The Plastic Packing Goods Manufacturing industry produces a range of packaging used by numerous industries to market and transport various products. As household and business budgets were squeezed following the economic downturn, spending on packaged products fell and demand for the packaging in which these goods are distributed likewise contracted, causing a restriction in industry growth. At the start of the five-year period, industry participants also faced rising raw material costs and shortages of key polymer inputs, which lifted costs and put pressure on profit margins.
Firms in this industry manufacture rigid and flexible plastic articles to pack goods in. These products include bags, cases, sacks, boxes and bottles.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.