Plastics Product Manufacturing – 2024 U.S. Market Research Report

Publish Date: February 2024

This 63-page market research report provides a comprehensive analysis on the $245.5 billion plastics product manufacturing industry in the United States. This report covers more than 100 statistical data sets with historical trend data from 2015 to 2023, and 2024 and 2028 forecasts. The source of the data is from annual comprehensive surveys from a majority companies in the plastics product manufacturing industry.

This report has the in-depth industry insights you are looking for as it covers market size & growth, 26 expense categories, financial ratio benchmarks, forecasts on 100+ data sets, inventory statistics, detailed breakdown of 31 balance sheet items, segmentation by business size and structure, competitive intensity analysis, production material costs, profitability metrics, state statistics, plant capacity analysis, organizational breakdown, inflation trend benchmarks, employee pay analysis, employee productivity benchmarks, and a ton more.

Plastics Product Manufacturing Report


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Report Format


The 2024 U.S. Plastics Product Manufacturing Industry Market Research Report is 63 pages of deep insights into the trends, dynamics, and forecasts shaping the industry. Professionals leverage this report to develop a deep factual understanding of the market for strategy projects, forecasting, OPEX benchmarking, understanding industry dynamics, growth initiatives, financial analysis, plant productivity, market analysis, business valuations, workforce optimization, sales & marketing initiatives, productivity benchmarking, identifying operational efficiencies, gap analysis, and other analyses.

Below are a few page images from the report and check out the table of contents for a complete overview.

plastics product manufacturing industry revenue chart

OPEX chart for plastics product manufacturing

Plastics Product Manufacturing Profit

plastics product manufacturing BCG Matrix

Plastics Product Manufacturing Plant Utilization Chart

Plastics Product Manufacturing Workforce Benchmarks


Industry Description


This industry group includes companies primarily engaged in processing new or spent (i.e., recycled) plastics resins into intermediate or final products, using such processes as compression molding; extrusion molding; injection molding; blow molding; and casting. Within most of these industries, the production process is such that a wide variety of products can be made. 

NAICS Code: 3261

Number of Companies: 7,790

Number of Plants / Facilities: 9,991

Total Employees: 643,383

Market Size: $245.5 billion

Product Lines Covered


Plastics packaging materials and unlaminated film and sheet manufacturing
Plastics pipe, pipe fitting, and unlaminated profile shape manufacturing
Urethane and other foam product (except polystyrene) manufacturing
Polystyrene foam product manufacturing
Laminated plastics plate, sheet (except packaging), and shape manufacturing

Table of Contents


Evaluate the table of contents of the Plastics Product Manufacturing Report below to understand the extensive statistical data sets in this report and why thousands of executives, consultants, bankers, accountants, and other professionals trust Kentley Insights for their market research needs.


1-2 – Report Overview & Contents

3 – Industry Overview
– Data Sources
– Industry Definition & Examples

4 – Industry Synopsis – Revenue & Growth

5 – Industry Synopsis – Costs & Profitability

SECTION ONE
REVENUE & GROWTH ANALYSIS

7 – Market Size Details
– Industry Revenues
– Companies
– Facilities
– Trend Analysis 2015-2023
– 2024 & 2028 Forecasts

8 – Growth Benchmarks
– Sales per Company
– Sales per Plant
– Plants per Company
– Trend Analysis 2015-2023
– 2024 & 2028 Forecasts

9 – Product Lines Revenue
– Percentage of Revenue from Product Lines

10 – BCG Matrix – Net Income vs. Revenue Growth
– Subsectors vs. Industry

11 – Total Industry Sales by Month & Year
– 2019-2023 Sales per Month

12 – Inventory Value by Month & Year
– Inventory Value per Month for 2019-2023

13 – Months of Inventory
– Months of Inventory per Month for 2019-2023

14 – Sector Revenue by Segments
– Concentration Segments by Top Companies
– Business Size Segments
– Business Structure Segments

15 – Market Size by State
– Industry Revenue by State and Rankings

16 – Market Size as a % of State GDP
– Sales as a Percentage

17 – Industry Sales as a % of State Manufacturing
– Sales as a % of Income

18 – Industry Segmentation by Business Size
– Sales as a % of Income

19 – Industry Segmentation by Business Size
– Business Size Segments – 1-4, 5-9, 10-20, 21-50, 51-100, 101-250, & 250+ employees
– Companies, Facilities, Sales, Employees & Payroll

20 – Industry Segmentation by Concentration (Top 50 Companies)
– Concentration Segments – Top 4, 5-8, 9-20, & 21-50 companies
– Companies, Facilities, Sales, Employees & Payroll

21 – Industry Market Share of Top 50 Companies
– Market Share & Total Revenue for 2018 versus 2023

22 – Subsector Market Share of Top 50 Companies
– Market Share & Total Revenue for 2018 versus 2023

23 – Industry Segmentation by Business Structure
– Business Structure Segments – C-Corporations, S-Corporations, Partnerships, & Sole Proprietorships
– Companies, Facilities, Sales, Employees & Payroll

24 – Revenue per Company by State
– Revenue per Company

25 – Revenue per Company by Segments
– Business Size, Concentration, & Structure

26 – Revenue per Facility by State
– Sales per Facility & State Ranking

27 – Revenue per Facility by Segment
– Business Size, Concentration, & Structure

28 – Subsector Growth
– Sales and 5-Year Growth

29 – Subsector Statistics
– Sales per Company & Facility, and 5-Year Growth

30 – Consolidation Analysis
– 5-Year Growth of Companies & Locations

31 – Employment Consolidation Analysis
– 5-Year Growth of Employee Statistics

32 – Subsector Consolidation Analysis
– Number of Companies
– Number of Facilities
– 5-Year Growth

33 – Subsector Consolidation Analysis
– Facilities per Company
– Employees per Company
– 5-Year Growth

SECTION TWO
COST, CAPITAL & PROFIT BENCHMARKS

35 – Profitability & Financial Ratio Analysis
– Percent of Companies that are Profitable
– Average Net Income as a Percent of Revenue
– 10 of the Top Financial Ratios

Page 36 – Balance Sheet Metrics
– Assets and Liabilities indexed to industry revenue at 100
– Current & Non-Current Assets: Cash, Notes & Accounts Receivable, Allowance for Bad Debts, Inventories, Treasuries & Securities, Other Current Assets, Loans to Shareholders / Mortgage, Other Investments, Depreciable Assets, Accumulated Depreciation, Land, Intangible Assets (Amortizable), Accumulated Amortization, Other Assets
– Short-term, Long-term Liabilities, & Net Worth: Accounts Payable, Mortgages, Notes, Bonds due in less than 1 Yr., Other Current Liabilities, Loans from Shareholders, Mortgages, Notes, Bonds > 1 Yr., Other Liabilities, Capital Stock, Additional Paid-in Capital, Retained Earnings, Cost of Treasury Stock

37 – OPEX
– Industry OPEX
– Industry Revenue vs. OPEX Growth
– OPEX as a Percent of Revenue
– Trend Analysis 2015-2023
– 2024 & 2028 Forecasts

38 – OPEX by Company & Plant
– OPEX per Company
– OPEX per Facility
– Revenue vs. Expenses Growth per Plant
– Trend Analysis 2015-2023
– 2024 & 2028 Forecasts

Page 39 – OPEX Detail
– Employee Expenses: payroll, insurance, pension, defined contribution plans, fringe benefits, temps
– Cost of Materials: materials, parts, containers, packaging, cost of resale, electricity and fuels, contract work
– Buildings and Equipment: capex for equipment, rental or lease for equipment, capex for buildings and structures, rental or leases, repair and maintenance
– Other Operating Expenses: professional and technical services, IT software and hardware, data processing and communications, advertising, refuse removal, taxes and license fees, other
-Inventory Breakdown: finished goods, work-in-progress, materials and supplies

40 – Production Material Costs
– Top Production Material Costs Breakdown
– % of Total Production Material Cost

41 – Producer Pricing Index
– Annual PPI – Indexed to 2006
– Trend Analysis 2015-2023
– 2024 & 2028 Forecasts
– Monthly PPI Figures for the Past 4 Years

42 – Plant Utilization & Hours
– Plant Utilization Rate
– Plant Operational Hours per Week
– 2020-2023 Historical Figures by Quarter

43 – Reasons for Non-Full Production
– 7 Categories Quarterly Survey Results for Past 2 Years

44 – Productivity & Industry Employment
– Revenue per Employee
– Total Industry Employees
– Employees per Company
– Trend Analysis 2015-2023
– 2024 & 2028 Forecasts

45 – Employee Productivity by Segments
– Business Size, Concentration, & Structure

46 – Employee Productivity by State
– Revenue per Employee

47 –Subsector Sales & Payroll per Employee
– Absolute & 5-Year Growth

48 – Industry Payroll
– Payroll per Employee
– Payroll per Company
– Payroll per Plant
– Trend Analysis 2015-2023
– 2024 & 2028 Forecasts

49 – Payroll per Company by Segments
– Business Size, Concentration, & Structure

50 – Payroll per Plant by Segments
– Business Size, Concentration, & Structure

51 – Payroll per Employee by Segments
– Business Size, Concentration, & Structure

52 – Payroll per Employee by State
– Payroll per Employee

53 – Organizational Composition
– % of Employees for 27 Job Categories
– Management & Finance
– Sales & Marketing
– Technology, Engineering, Science
– Service, Support & Training
– Operations

54 – Job Categorization Pay Ranges
– Management & Finance
– Sales, Service & Marketing
– Operations
– Pay Bands – Bottom 10% & 25%, Mean, Top 25% & 10%

55 – Top 20 Jobs Breakdown
– Percent of Total Employees

56 – Top 20 Jobs Pay
– Pay Bands – Bottom 10% & 25%, Mean, Top 25% & 10%

57 – Employees per Company by Segments
– Business Size, Concentration, & Structure

58 – Employees per Plant by Segments
– Business Size, Concentration, & Structure

59 – Facilities per Company by Segments
– Business Size, Concentration, & Structure

60 – Total Employment by State
– Number of Employees

61 – Population to Every Employee by State
– Number of Residents to Industry Employee
– State Rankings

62 – Employees per Facility by State
– Average Number of Employees per Facility
– State Rankings

63 – Overview of Kentley Insights


Data Sources & Forecast Methodology


The data source for the report is extensive annual expense, revenue, wage, operational, and economic surveys administered by federal and private institutions and filled out by a majority of companies in the plastics product manufacturing industry. The forecasts in the report are modeled by our research analysts using the latest economic forecasts, industry analysis, and historical trends.

Download a Sample Report


Below is a free sample report download. The 2024 Plastics Product Manufacturing Industry Report has the same layout and data sets as the sample report.

Wood Kitchen Cabinet Countertop Manufacturing Report

Report Details


Report: Plastics Product Manufacturing Industry Market Research Report

Number of Pages: 63

Format: PDF

Price: $295

Support Contact:
Email us at support@kentleyinsights.com
Call us at 1-800-613-3611

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Plastics and Rubber Products Manufacturing
Plastics Packaging Materials, Film & Sheet Manufacturing
Plastics Bag and Pouch Manufacturing
Plastics Packaging Film and Sheet (Incl. Laminated) Manufacturing

Industry Jobs Analyzed


Molders and Molding Machine Setters, Operators, and Tenders, Metal and Plastic
Miscellaneous Assemblers and Fabricators
Laborers and Material Movers, Hand
Forming Machine Setters, Operators, and Tenders, Metal and Plastic
First-Line Supervisors of Production and Operating Workers
Inspectors, Testers, Sorters, Samplers, and Weighers
Miscellaneous Production Workers
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic
Industrial Machinery Installation, Repair, and Maintenance Workers
Shipping, Receiving, and Traffic Clerks
Maintenance and Repair Workers, General
Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic
Sales Representatives, Wholesale and Manufacturing
Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders
Industrial Engineers, Including Health and Safety
General and Operations Managers
Industrial Truck and Tractor Operators
Customer Service Representatives
Industrial Production Managers
Computer Control Programmers and Operators

Material Cost Categories


Thermoplastic and thermosetting resins and plastics materials
Materials, ingredients, containers, and supplies, nsk
Plastics products (including packaging, foam products, film, sheet, rod, tube, fabricated shapes, bottles, etc.)
Cost of all other materials and components, parts, containers, and supplies consumed
All basic organic and inorganic chemicals, excluding petrochemicals
Paper and paperboard products
Glass and glass products
Printing inks
Parts and attachments for machinery for chemical processing, glass making, refining, plastics / rubber working, textiles, etc.
Reconstituted wood products, including particleboard, waferboard, hardboard, MDF, and cellulosic fiberboard
Adhesives and glues
Woven textile fabrics, including broadwoven and narrow fabrics

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