Since 2009, the industry's revenue growth has been fairly consistent. During the recession, the industry experienced low demand for its products because the construction industry purchased fewer plastic products when housing starts plummeted and commercial construction subsided. Coming off of this recessionary dip, the economy began to recover in 2010, demand for plastics returned, and both revenue and profit have slowly crept back up since then. Looking ahead, the industry is projected to experience higher demand from plastic product manufacturers and construction sectors. Strong demand and slowly increasing plastic prices will cause revenue to grow; revenue is expected to increase in the five years to 2019. However, strong plastic prices that will boost revenue will also keep profit margins from widening.
This industry wholesales plastics materials and resins, and unsupported plastic film, sheet, sheeting, rod, tube and other basic forms and shapes. Products sold within the Plastics Wholesaling industry are sold to industrial manufacturers. Manufacturers use plastic products to manufacture durable goods.
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.