How Is The Paper, Plastics, Rubber, Wood And Textile Market Segmented?
The paper, plastics, rubber, wood and textile market covered in this report is segmented –
1) By Type: Apparel And Leather Products, Furniture, General Manufactured Goods, Paper Products, Plastics And Rubber Products, Printing And Related Support Activities, Textile, Wood Products
2) By Distribution Channel: Super markets/Hyper markets, Convenience Stores, E-Commerce, Other Distribution Channels
3) By Nature: Organic, Conventional
Subsegments:
1) By Apparel And Leather Products: Clothing, Footwear, Leather Goods
2) By Furniture: Home Furniture, Office Furniture, Institutional Furniture
3) By General Manufactured Goods: Electronics And Electrical Equipment, Machinery And Equipment, Metal Products
4) By Paper Products: Packaging Paper, Paperboard, Newsprint, Tissue Paper, Printing Paper
5) By Plastics And Rubber Products: Plastic Packaging, Rubber Tires, Plastic Molding, Rubber Products, Plastic Films And Sheets
6) By Printing And Related Support Activities: Commercial Printing, Printing Support Services, Lithographic Printing
7) By Textile: Apparel Fabrics, Home Textiles, Technical Textiles, Industrial Textiles
8) By Wood Products: Sawn Wood, Plywood And Veneer, Wood Pallets, Wood Boards, Furniture And Cabinetry
What Is Driving The Paper, Plastics, Rubber, Wood And Textile Market? Rising Consumer Goods Demand Drives Growth In Paper, Plastics, Rubber, Wood, And Textile Markets
Escalated demand for consumer goods is expected to propel the growth of the paper, plastics, rubber, wood, and textile markets going forward. Consumer goods refer to products that are designed and produced for the direct use and consumption of individuals or households. Paper, plastics, rubber, wood, and textiles serve as key components in various consumer goods, including packaging, electronics, furniture, clothing, and more, contributing to the diverse range of products that enhance daily life. For instance, in August 2024, according to the House of Commons Library, a UK-based library and information resource of the lower house of the British Parliament, the retail sector's economic output was $150.84 billion (£112.8 billion) in 2023, accounting for 4.9% of the UK's total economic output, which represents a 2.4% increase from 2022. Retail sales in Great Britain were valued at $681.97 billion (£510 billion) in 2023, a 3% increase compared to 2022. Therefore, escalated demand for consumer goods will drive the paper, plastics, rubber, wood, and textile market going forward.
What Is Driving The Paper, Plastics, Rubber, Wood And Textile Market? Technological Advancements Fuel Market Growth
Technology is expected to be a continued driver of market growth during this period. Industries that involve technology, such as this one, benefited from this trend during this period. For example, technologies such as Green Tires where 20-30% of a vehicle's fuel consumption is related to tire performance, took off during this period. Green Tires offer wet grip, durability and low rolling resistance, reducing fuel consumption by 5-7%. Thus, technological advances which enabled improved performance, reduced fuel consumption contributed to the market growth.
Who Are The Major Players In The Global Paper, Plastics, Rubber, Wood And Textile Market?
Major companies operating in the paper, plastics, rubber, wood and textile market include Nike Inc., Christian Dior SE, Michelin Group, Adidas AG, Bridgestone Corporation, International Paper Company, Kimberly Clark Corporation, Procter & Gamble Co., WestRock Company, The Goodyear Tire & Rubber Company, Pirelli & C. SPA, ExxonMobil Product Solutions, The Yokohama Rubber Co. Ltd., Continental AG, Hankook Tire & Technology Co. Ltd., Sumitomo Rubber Industries Ltd., Apollo Tyres Limited, Kumho Tire Co. Inc., Nexen Tire Corporation, Toyo Tire Corporation, Yokohama Rubber Co. Ltd., Georgia-Pacific LLC, Weyerhaeuser Company, Avery Dennison Corporation, Berry Global Group Inc., Bemis Company Inc., Sealed Air Corporation, Sonoco Products Company, Graphic Packaging International Inc., Packaging Corporation of America.
What Are The Key Trends Of The Global Paper, Plastics, Rubber, Wood And Textile Market? Innovative Hamaheat Super 80 Conveyor Belt Drive Profitability In Paper, Plastics, Rubber, Wood, And Textile Industries
Major companies operating in the paper, plastics, rubber, wood, and textile markets are innovating new products, such as Hamaheat Super 80, to increase their profitability in the market. Hamaheat Super 80 is a high-temperature, heat-resistant conveyor belt from the Hamaheat series. For instance, in March 2023, Yokohama Rubber Co., Ltd., a Japan-based rubber manufacturer, launched the Hamaheat Super 80. The Hamaheat Super 80 is the most recent addition to the company's range of conveyor belts, which have earned the confidence of users across various industries. This conveyor belt is designed for conveying materials at elevated temperatures, with a permissible belt surface temperature of up to 180 °C (350 °F).
What Are The Key Trends Of The Global Paper, Plastics, Rubber, Wood And Textile Market? Automation Revolutionizes Plastic Product Manufacturing
Manufacturers in the plastic products industry are investing in automation technologies to reduce production costs, improve productivity, and enhance product quality. The use of sensors and wireless technology aids in gathering valuable data that is used to improve efficiencies and reduce errors. This is resulting in streamlined manufacturing processes, better product quality, and lower costs. According to ABB, an industrial robot manufacturer, some of their customers reported an increase of 15–30% in productivity after installing robotic automation systems. Around 180,000 machines were employed in the plastic manufacturing industry, an increase of 67,000 machines over the course of 4 years. Major companies providing industrial robotics include FANUC Corporation, Yaskawa Electric Corporation, ABB Group, KUKA AG, and Kawasaki Heavy Industries, Ltd.
Regional Outlook For The Global Paper, Plastics, Rubber, Wood And Textile Market
Asia-Pacific was the largest region in the paper, plastics, rubber, wood and textile market in 2024. Western Europe was the second largest region in the paper, plastics, rubber, wood and textile market. The regions covered in the paper, plastics, rubber, wood and textile market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the paper, plastics, rubber, wood and textile market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
What Defines the Paper, Plastics, Rubber, Wood And Textile Market?
The paper, plastic, rubber, wood, and textile market consists of sales of clothes, groceries, and wood furniture. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
How is Market Value Defined and Measured?
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
What is the Market Assessment and Strategic Outlook for the Paper, Plastics, Rubber, Wood And Textile Industry?
The paper, plastics, rubber, wood and textile market research report is one of a series of new reports from The Business Research Company that provides paper, plastics, rubber, wood and textile market statistics, including paper, plastics, rubber, wood and textile industry global market size, regional shares, competitors with a paper, plastics, rubber, wood and textile market share, detailed paper, plastics, rubber, wood and textile market segments, market trends and opportunities, and any further data you may need to thrive in the paper, plastics, rubber, wood and textile industry. This paper, plastics, rubber, wood and textile market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
