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 suppl...

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Bibliographic Details
Format:	Market Research
Language:	eng
Subjects:	Basic plastics wholesaling Miscellaneous chemicals Plastic foam wholesaling Plastic materials wholesaling Plastic packing and packaging materials Plastic pipes, rods, tubes and shapes Plastic resins wholesaling Plasticizers wholesaling Raw plastic materials and laminates Synthetic resins
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Summary:	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. Overall, industry revenue has lagged at a CAGR of 0.2% to $52.5 billion over the past five years, including a 0.3% increase in 2024. The industry has increasingly been marked by consolidation as larger regional wholesalers attempt to scale to lower production costs and gain market share. The fragmented nature of the industry enables individual wholesalers to offer value-added niche services. Changing consumer preferences, namely eco-friendly alternatives, will also provide growth opportunities, but well-capitalized distributors will have the best position to capture these new markets. The industry will recover but contend with destabilizing supply chain disruptions in the outlook period. Also, rising consumer confidence and increased productivity will conflict with high-interest rates and low supply; many companies will reduce payroll and inventory. Through 2029, wholesalers will face increased demand from downstream plastic product manufacturers and construction industries, as increasing consumer confidence supports demand. Even so, consistently high plastic and resin prices and high interest rates will conversely limit industry demand and profit growth. Overall, the industry is forecast to rebound at a CAGR of 1.9% to $57.6 billion over the five years to 2029.