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(MoneyNewsWire.Net, September 12, 2018 ) The paper, plastics, rubber, wood and textile industry comprises companies engaged in manufacturing paper, rubber, plastic, wood and textile products. The paper, plastics, rubber, wood and textile market in this report is segmented into paper products manufacturing, plastics and rubber products manufacturing, wood products manufacturing, textile manufacturing, apparel and leather products and furniture manufacturing.
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The global paper, plastics, rubber, wood and textiles manufacturing market has shown high growth in the past years with a CAGR of over 6%. The year 2017 recorded highest ever market value in this industry as per TBRC’s inhouse consultants.
TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.
The report also shows the paper, plastics, rubber, wood and textiles manufacturing market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.
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The low price of oil in 2015 and 2016 improved the margins of companies operating in the plastics manufacturing market. Crude oil is a major input for plastic companies, therefore low oil prices decreased operating costs of plastics manufacturing companies and improved their profit margins. This also gave the disposable income of consumers a boost, as fuel, power and gas prices were cheaper, thereby increasing the sales of plastics manufacturing companies.
TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.
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Companies included in the report are IKEA AB, NIKE Inc, Bridgestone Corporation, Christian Dior SE and H&M AB.
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