The market is dominated by domestic suppliers, as imports account for 20.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 83.7% of total demand in 2022. The US has the largest market size for plastic products across the top 20 developed countries, with demand reaching USD291 billion in 2022. Berry Global Inc is the largest company in the US, generating 4.2% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 10.9% of total production value in 2022. The total number of companies increases in 2022, to 9,721 units. The costs of the industry increase by 5.7% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 11.9% of production value in 2022, the 10th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 8.9% of total production output. With production value of USD203 billion, the US accounts for 87.2% of the North America total in 2022.
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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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