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2024 U.S. Industry Statistics & Market Forecast - Unlaminated Plastics Film and Sheet Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Unlaminated Plastics Film and Sheet Manufacturing:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2019 2020 2021 2022 2023 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Unlaminated Plastics Film and Sheet Manufacturing industry include:- Increased demand for sustainable and recyclable materials
- Shift towards biodegradable plastics to reduce environmental impact
- Technological advancements in plastic film production
- Growth in flexible packaging markets
- Stringent regulations regarding plastic use and waste management
- Impact of global oil prices on raw material costs
- Expansion of applications in medical and pharmaceutical sectors
- Rising consumer preference for convenience packaging
- Integration of nanotechnology for enhanced material properties
- Challenges due to competition from alternative materials such as glass and paper
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Unlaminated Plastics Film and Sheet Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Unlaminated Plastics Film and Sheet Manufacturing industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Unlaminated Plastics Film and Sheet Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 5% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Office and Administrative Support Occupations | 7% | |||
| Installation, Maintenance, and Repair Occupations | 6% | |||
| Other Installation, Maintenance, and Repair Occupations | 5% | |||
| Production Occupations | 59% | |||
| Assemblers and Fabricators | 11% | |||
| Miscellaneous Assemblers and Fabricators | 10% | |||
| Metal Workers and Plastic Workers | 27% | |||
| Forming Machine Setters, Operators, and Tenders, Metal and Plastic | 6% | |||
| Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic | 5% | |||
| Molders and Molding Machine Setters, Operators, and Tenders, Metal and Plastic | 14% | |||
| Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic | 14% | |||
| Other Production Occupations | 14% | |||
| Inspectors, Testers, Sorters, Samplers, and Weighers | 5% | |||
| Inspectors, Testers, Sorters, Samplers, and Weighers | 5% | |||
| Transportation and Material Moving Occupations | 11% | |||
| Material Moving Workers | 10% | |||
| Laborers and Material Movers | 9% | |||
Unlaminated Plastics Film and Sheet Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Unlaminated Plastics Film and Sheet Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Unlaminated Plastics Film and Sheet Manufacturing industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Unlaminated Plastics Film and Sheet Manufacturing industry. |
Source:
Innovation News
- Jan 23, 2024: Transworld Plastic Films trademarks "ALLIGATOR BACK" - Waterproof membrane for use as a floor underlayment
- Aug 11, 2023: Donarra Extrusions trademarks "BLUE GATOR" - High-density polyethylene sheets; Plastic sheets for use as marine boards, signs, playground and recreational equipment; High-density polyethylene boards; Cutting boards; Plastic ground cover mats to protect the ground from vehicular, pedestrian and other traffic; High density polyethylene (HDPE) plastic panels for protecting ground surfaces; Floor tiles made of plastic for use as synthetic ice surfaces for ice skating; synthetic, non-metal surfaces for ice skating rinks
- Jul 19, 2023: Donarra Extrusions trademarks "BLUE GATOR GROUND PROTECTION MATS" - Plastic ground cover mats to protect the ground from vehicular, pedestrian and other traffic; a matting system made of extruded High Density Polyethylene (HDPE) recycled plastic panels designed to be used on ground surfaces such as grass, gravel, soil, asphalt, mud and sand, for turf protection, ground cover and portable access roadways
Recent Federal Contracts for Unlaminated Plastics Film and Sheet Manufacturing
- Mar 05, 2024: LINER TECHNOLOGIES, INC. (Chino, CA) awarded $37,300
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