Well-oiled machine: The industry has combatted foreign competition by operating in niche segments

The Plastics and Rubber Machinery Manufacturing industry in Canada supplies capital equipment and machinery to plastic and rubber product manufacturers that use industry machinery along with other inputs to create products that range from plastic pipes to retreading tires. Due to its strong reliance on exports, the industry operates on a global basis and must compete with increasing foreign competition that benefits from relatively less stringent regulations, lower labour and other production costs. The industry has been able to combat foreign competition by operating in niche segments and offering custom-engineered machines that are known for their high quality, precision and versatility...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 14-19
5.7%
Forecast Growth 19-24
Profit
Employment
6,099
Businesses
97

Industry Threats & Opportunities

  • A good reputation will be important for operators to differentiate their products
  • The importance of trade is clear in the distribution of the industry’s establishments
  • Import growth is expected to slow as the domestic manufacturing sector stabilizes
  • Industry Report - Industry Investment Chapter

    The Plastics and Rubber Machinery Manufacturing industry in Canada exhibits a low level of capital intensity. In 2019, IBISWorld estimates that for every $1.00 spent on wages, the average industry operator will spend $0.06 on capital investment, down marginally from $0.07 in fiscal 2014. Over the five years to 2019, wage costs have consistently accounted for at least one-quarter of industry revenue, although this share has been increasing. During the same period, depreciation costs, a proxy for capital expenditure, have consistently accounted for less than 2.0% of industry revenue. Unlike most manufacturing industries, manual labour is an important input that cannot be substituted for via automation. Due...purchase to read more.

    Additional Insights for the Plastics & Rubber Machinery Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Plastics & Rubber Machinery Manufacturing Industry are

  • Ability to accommodate environmental requirements
  • Having links with suppliers
  • Highly trained workforce
  • IBISWorld analysts also discuss how external factors such as Canadian effective exchange rate index and Aggregate private investment in the Plastics & Rubber Machinery Manufacturing industry impact industry performance..

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    What's in this report

    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 moulding machines
  • Extruders
  • Other moulding machines
  • Plastic and rubber forming machinery
  • Machine parts
  • Industry Activities
  • Producing plastics-working machinery
  • Performing service, repair and maintenance work on used equipment
  • Producing thermoforming machinery
  • Producing rubber-working machinery
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Canadian effective exchange rate index
  • Aggregate private investment
  • Demand from plastics and rubber products manufacturing
  • World price of steel

  • Current Performance
  • Domestic demand drivers
  • Importance of trade
  • Global competitiveness
  • Chart: Revenue Growth

  • Industry Outlook
  • Trade trends
  • Domestic markets and industry landscape
  • Table: Plastics & Rubber Machinery Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Plastics & Rubber Machinery Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Plastic Pipe & Parts Manufacturing in Canada
  • Plastic Bottle Manufacturing in Canada
  • Other Plastic Product Manufacturing in Canada
  • Tire Manufacturing in Canada
  • Rubber Product Manufacturing in Canada
  • Car & Automobile Manufacturing in Canada
  • SUV & Light Truck Manufacturing in Canada

  • Key Selling Industries
  • Aluminum Manufacturing in Canada
  • Ball Bearing Manufacturing in Canada
  • Electrical Equipment Manufacturing in Canada
  • Engine & Turbine Manufacturing in Canada
  • Metal Pipe & Tube Manufacturing in Canada

  • Products & Services
  • Machine parts
  • Injection moulding machines
  • Plastic and rubber forming machinery
  • Other moulding machines
  • Extruders
  • Chart: Plastics & Rubber Machinery Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports to the United States
  • Exports to other countries
  • Domestic plastic product manufacturers
  • Domestic industrial machinery distributors
  • Domestic industrial machinery rental companies
  • Chart: Major Market Segmentation for the Plastics & Rubber Machinery 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 Plastics & Rubber Machinery Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Plastics & Rubber Machinery Manufacturing Industry

  • Industry Globalization
    Husky Injection Molding Systems Ltd.,
  • Table: Husky Injection Molding Systems Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Plastics & Rubber Machinery 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 Plastics & Rubber Machinery 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)
  • World price of steel (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    High-Density Polyethylene (Hdpe)
  • A type of polymer made from petroleum and commonly used in plastic bags and plastic furniture.
  • Polyethylene Terephthalate (Pet)
  • A type of polymer commonly used to make bottles and containers.
  • Polyvinyl Chloride (Pvc)
  • A type of polymer commonly used in plastic pipes and fittings.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Plastics & Rubber Machinery Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    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 Plastics & Rubber Machinery 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 Plastics & Rubber Machinery 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 Plastics & Rubber Machinery Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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