Other Plastic Product Manufacturing in Canada - Industry Research Report

Fantastic plastic: New car sales are forecast to rise, supporting industry revenue growth

Plastic products have a wide range of uses, which has helped to moderate large swings in demand for goods produced by the Other Plastic Product Manufacturing industry in Canada in recent years. Industry revenue grew at a CAGR of 1.5% to $21 billion over the past five years. The industry benefited from steady growth in demand from domestic automotive and related parts manufacturers. Another significant source of demand comes from construction markets, which require industry products such as plastic doors, windows and plumbing fixtures. The industry has also benefited from consistent expenditure by consumers on residential renovation projects. As downstream spending cools, industry revenue is expected to expand 0.3% in 2023 alone.

The Other Plastic Product Manufacturing industry in Canada 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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.