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Plastics & Rubber Machinery Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Plastics & Rubber Machinery Manufacturing in Canada Market Research Report | NAICS 33322CA | Jun 2014

Well-oiled machine: The industry will benefit from rebounding downstream markets

The Plastics & Rubber Machinery Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 09-14
1.6%
Annual Growth 14-19
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Profit
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Employment
4,483
Businesses
97
Industry Analysis & Industry Trends

This industry manufactures machinery used to make or process plastic and rubber products, including machinery for: blow moulding, calendaring, plastic-compression moulding, extruding, injection moulding, plastic working, rubber working, tire making, tire recapping and tire shredding. The industry is heavily trade oriented, with the majority of industry revenue coming from exports; consequently, the industry is reliant on the health of the global economy, which has rebounded from recessionary lows. Over the next five years, IBISWorld expects the recovery of downstream markets to continue. However, competition from imports is expected to remain high... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry in the Plastic and Rubber Machinery Manufacturing industry are moderate. The largest barrier relates to cost; for example, the price of a finished good can be in the five to six-figure range, which is representative of the expense and skill required to manufacture extrusion and injection machines. As a result, to get started, an operator must have a substantial amount of capital to buy parts and acquire skilled labour. Further leading to high capital costs, large warehouses are needed to manufacture these machines, which incur high rent expenses.

Another significant barrier to entry relates to brand recognition. Due to the high prices of these products, potential buyers will look to buy a product that is well established... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Plastics & Rubber Machinery Manufacturing Industry?

This industry manufactures machinery used to make or process plastic and rubber products, including machinery for: blow moulding, calendaring, plastic-compression moulding, extruding, injection moulding, plastic working, rubber working, tire making, tire recapping and tire shredding.

Industry Products
Injection mouldingExtrudersBlow mouldingRubber machines used for moulding or retreading pneumatic tiresOther plastic and rubber working machines
 
Industry Activities
Producing plastics-working machineryPerforming service, repair and maintenance work on used equipmentProducing thermoforming machineryProducing rubber-working machinery


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