Plastics Wholesaling in the US - Industry Market Research Report

Plastics Wholesaling in the US - Industry Market Research Report

Plastics Wholesaling in the US

As a key supply chain intermediary, plastics wholesalers distribute resin and raw plastic materials to plastic product manufacturers, other wholesalers, businesses, retailers and many other buyers. The industry has historically been vulnerable to economic fluctuations that disrupt its upstream suppliers and downstream buyers, as demonstrated during the pandemic and the Russian invasion of Ukraine. Plastics wholesalers are subject to price changes in plastic materials and resin, contributing to considerable revenue volatility in recent years. The industry will decline at an expected CAGR of 1.1% to $50.4 billion through 2023, including a 1.3% slump in 2023.

This industry wholesales plastic materials and resins, as well as unsupported plastic films, sheeting, rods, tubes and other basic forms and shapes. The industry predominantly sells these products to industrial manufacturers. Manufacturers use plastic products to manufacture durable goods.

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.