The market is dominated by domestic suppliers, as imports account for 16.2% of total market size in 2023. B2B drives market demand, with B2B spending representing 86.1% of total demand in 2023. The US has the largest market size for plastic products across the top 20 developed countries, with demand reaching USD333 billion in 2023. Berry Global Inc is the largest company in the US, generating 4.2% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 10.9% of total production value in 2023. The total number of companies increases in 2023, to 11,016 units. The costs of the industry increase by 1.9% in 2023, largely driven by rising labour costs. The industry’s profitability increases and stands at 10.3% of production value in 2023, the 12th highest across the top 20 developed countries. The industry’s exports share decreases in 2023 to 8.4% of total production output. With production value of USD240 billion, the US accounts for 89.1% of the North America total in 2023.
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This Euromonitor industrial report provides unique information on Plastic Products in the US: ISIC 252. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Plastic Products in the US: ISIC 252 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Rubber and Plastic is an aggregation of Plastic and Rubber products.
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