Wrapping up: Steady revenue decline is forecast as downstream firms reduce packaging waste

Operators in the Plastic Packing Goods Manufacturing industry produce plastic bottles, containers, cases, bags and a range of other packaging and storage solutions. Growth in the industry is largely dependent on the performance of downstream manufacturing industries, with key markets including food and beverage processing and pharmaceutical manufacturing. Private consumption expenditure has risen over the past five years in line with a strengthening Irish economy, which has led to growth in many downstream industries. However, public concern over the environmental effect of plastic packaging has constrained revenue growth, while fluctuating exchange rates have contributed to international trade volatility...read more.

Industry Statistics & Market Size
Revenue
£496.3m
Annual Growth 14-19
-0.4%
Forecast Growth 19-24
Profit
Employment
1,863
Businesses
52
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Campaigns for the reduction of plastic waste have been to the detriment of industry revenue
  • A cut to oil production caused prices to rise significantly, hampering industry profit margins
  • Plastic waste reusing and recycling targets are set to rise, which will affect industry revenue
  • Industry Report - Industry Key Buyers Chapter

    The Plastic Packing Goods Manufacturing industry is highly fragmented and thus displays a low level of market share concentration. In 2019, the four major players in the industry are expected to account for less than 30% of industry revenue. The industry is dominated by small firms, many of which manufacture a small number of products for niche downstream industries and operators. Many of the larger players in the industry specialise in plastic packaging for food and beverage products. Quinn Plastics, the largest company in the industry with an expected market share of 13%, specialises in plastic trays for red meat and poultry, but also manufactures other punnets and containers...purchase to read more.

    Additional Insights for the Plastic Packing Goods Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Plastic Packing Goods Manufacturing Industry are

  • Economies of scale
  • Supply contracts in place for key inputs
  • Development of new products
  • IBISWorld analysts also discuss how external factors such as Industrial production index and Real personal consumption expenditure in the Plastic Packing Goods Manufacturing industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Plastic Packing Goods Manufacturing in Ireland Industry?

    Companies in this industry manufacture plastic articles for the packing of goods. These products include bags, cases, sacks, boxes, bottles and other containers.

    Industry Products
  • Boxes, cases and crates
  • Sacks and bags
  • Bottles and flasks
  • Other products
  • Industry Activities
  • Manufacturing rigid plastic packaging
  • Manufacturing flexible plastic packaging and film
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Industrial production index
  • Real personal consumption expenditure
  • World price of crude oil
  • Packaging waste recovery rate

  • Current Performance
    Environmental concernsInput volatilityTrading cases
  • Chart: Revenue Growth

  • Industry Outlook
    Strict targetsInternational trade
  • Table: Plastic Packing Goods Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Plastic Packing Goods Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Meat Product Manufacturing in Ireland
  • Juice Production in Ireland
  • Oil & Fat Production in Ireland
  • Soft Drink & Bottled Water Production in Ireland
  • Dairy Product Production in Ireland

  • Key Selling Industries
  • Primary Form Plastics Manufacturing in Ireland

  • Products & Services
  • Boxes, cases and crates
  • Other products
  • Sacks and bags
  • Bottles and flasks
  • Chart: Plastic Packing Goods Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Food manufacturers
  • Other manufacturers
  • Beverage manufacturers
  • Pharmaceutical and health-care manufacturers
  • Toiletry and cosmetic product manufacturers
  • Chart: Major Market Segmentation for the Plastic Packing Goods Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages and depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Plastic Packing Goods Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Plastic Packing Goods Manufacturing Industry

  • Industry Globalization
    Quinn Industrial Holdings Designated Activity Company,
  • Table: Quinn Industrial Holdings Designated Activity Company - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Plastic Packing Goods Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Plastic Packing Goods Manufacturing Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Blow Moulding
  • A manufacturing process that involves sending air through a plastic tube until it takes the shape of a mould.
  • Opec
  • The Organization of the Petroleum Exporting Countries, an intergovernmental group made up of 14 oil-exporting nations.
  • Resin
  • A non-volatile solid or semi-solid organic amorphous mixture used to make plastics.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Plastic Packing Goods Manufacturing in Ireland market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Plastic Packing Goods Manufacturing in Ireland:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Plastic Packing Goods Manufacturing in Ireland market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Plastic Packing Goods Manufacturing in Ireland, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Would you like to speak to an IBISWorld representative?

    clear