Fantastic plastic: The industry has benefited from consistent growth in residential renovation projects

Plastic products have a wide range of uses, which has helped to moderate volatility in demand for goods produced by the Other Plastic Product Manufacturing industry in Canada in recent years. The industry has benefited from a variety of factors, including steady growth in demand from domestic automotive and related parts manufacturers. Over the past five years, exporters have experienced positive conditions. The depreciation of the domestic dollar relative to the US dollar, which leads to an increase of exports headed to the United States. Over the five years to 2024, the industry is forecast to experience slower growth. However, profitability is forecast to be stable, as operators work to improve production efficiency and find ways to cut costs...read more.

Industry Statistics & Market Size
Revenue
$17bn
Annual Growth 14-19
4.7%
Forecast Growth 19-24
Profit
Employment
61,025
Businesses
1,471
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The industry has benefited from steady demand from automotive manufacturers
  • Industry operators have been increasingly combating competition from imports
  • Consumer spending will be slightly slower and ultimately dampen potential growth
  • Industry Report - Industry Locations Chapter

    Ontario and QuebecThe distribution of establishments in the Other Plastic Product Manufacturing industry in Canada is highly correlated to population density. As a result, the majority of industry establishments are located in Ontario and Quebec. In 2019, Ontario is expected to be the most concentrated province, with 44.4% of industry establishments. Similarly, Quebec is the second-most concentrated province, with 29.7% of industry establishments in 2019.Moreover, Ontario and Quebec are hubs for downstream home improvement stores and manufacturers that purchase this industry’s wide range of plastic products. For example, Ontario is home to Canada’s largest number of automobile manufacturers in addition to car parts manufacturer Magna International Inc., wh...purchase to read more.

    Additional Insights for the Other Plastic Product Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Other Plastic Product Manufacturing Industry are

  • Ability to accommodate environmental requirements
  • Ability to quickly adopt new technology
  • Must comply with required product standards
  • IBISWorld analysts also discuss how external factors such as Value of residential construction and Canadian effective exchange rate index in the Other Plastic Product Manufacturing industry impact industry performance..

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    What's in this report

    What is the Other Plastic Product Manufacturing Industry?

    This industry manufactures a range of plastic products, including housewares, building materials, motor vehicle parts, resilient floor coverings and appliance parts. This industry specifically excludes plastic film, sheet, bags, profile shapes, pipes, pipe fittings, laminates, foam products and bottles.

    Industry Products
  • Motor vehicle plastic parts
  • Plastic packaging, except film, sheet, foam and bottles
  • Plastic windows and doors
  • Plastic plumbing fixtures
  • Other construction related plastic products
  • Other plastic products
  • Industry Activities
  • Plastic housewares (e.g. fixtures and fittings)
  • Plastic building materials
  • Plastic packaging material, except bottles,
  • Plastic bottle cap and lid
  • Plastic floor covering
  • Plastic motor vehicle part
  • Plastic inputs for appliances
  • Plastic credit and identification card
  • Plastic inputs for consumer durables
  • Plastic trash container
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Value of residential construction
  • Canadian effective exchange rate index
  • New vehicle sales
  • World price of crude oil

  • Current Performance
  • Domestic demand
  • International trade
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Industry demand
  • International trade
  • Industry landscape
  • Table: Other Plastic Product Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Other Plastic Product Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Homebuilders in Canada
  • Animal Feed Production in Canada
  • Computer Manufacturing in Canada
  • Computer Peripheral Manufacturing in Canada
  • Car & Automobile Manufacturing in Canada
  • Auto Parts Manufacturing in Canada
  • Household Furniture Manufacturing in Canada

  • Key Selling Industries
  • Industrial Machinery & Equipment Wholesaling in Canada
  • Plastic & Resin Manufacturing in Canada

  • Products & Services
  • Motor vehicle plastic parts
  • Other plastic products
  • Plastic windows and doors
  • Plastic packaging, except film, sheet, foam and bottles
  • Other construction related plastic products
  • Plastic plumbing fixtures
  • Chart: Other Plastic Product Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Economic factors
  • Major markets trends
  • Displaced demand

  • Major Markets
  • Exports
  • Construction
  • Automotive manufacturers
  • Other
  • Packaging
  • Chart: Major Market Segmentation for the Other Plastic Product Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    WagesPurchasesProfitDepreciationMarketingMarketingMarketingOther
  • Chart: Cost Structure Benchmarking – Sector vs Other Plastic Product Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Other Plastic Product Manufacturing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Other Plastic Product Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Other Plastic Product Manufacturing Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Marketing (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)
  • Value of residential construction (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Blow Moulding
  • A manufacturing process by which hollow plastic parts are formed.
  • Extrusion
  • A manufacturing process by which plastic or another material is forced through a series of dies to create desired shapes.
  • Injection Moulding
  • A manufacturing process for forming objects by heating the moulding material to a fluid state and injecting it into a mould.
  • What Our Customers Say

    Why buy this report?

    The Other Plastic Product 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.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Other Plastic Product Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Other Plastic Product Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Other Plastic Product Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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